15 days on rocket

Sale Pending

1646 Mercado Way, San Jose, CA, 95131

$990,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
2 Full Baths
1,589 SqFt
$623/SqFt
Condo
Schools Nearby

Location

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1646 Mercado Way, San Jose$990,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Attached Garage2 spaces
Year Built2016
CoolingCentral Air
MLS #ML81963669
StatusSale Pending
(Pending)

About 1646 Mercado Way

Welcome to this modern home built in 2016, one of the model homes including a lot of upgrades. The living and kitchen spaces boast an open layout, seamlessly flowing into the dining area and leading out to a charming patio. Enjoy the high ceilings and abundant natural light flooding through the many windows. The kitchen is equipped with quartz countertops, stainless steel appliances, and ample cabinets for storage. The en-suite bathroom features dual vanities and a spacious walk-in closet. Convenient in-unit laundry facilities are provided, all on the same level for easy access. You'll appreciate the attached two-car garage, complete with a tankless water heater. Situated within walking distance of the Berryessa BART Station, a golf course, and neighborhood parks. Nearby amenities include Safeway, CVS, and Starbucks. Just a short drive to reach Costco, Sprouts, Ranch 99. Plus, enjoy easy access to major highways 680, 101, and 880.

Property Details

Property Features

Property Information:

  • Year Built: 2016
  • Stories: 1
  • Living Area: 1,589 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (408) 252-1133
  • Listing Agent: Xiaozhu Kang

Interior Features

Interior Information:

  • Appliances: Dishwasher, Gas Cooktop, Disposal, Microwave, Refrigerator
  • Flooring Type: Carpet, Tile, Wood
  • Interior: Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes

Utilities

Utilities Information:

  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Independence High School, Public Magnet Grades 9-12

Other

Directions Information:

  • Directions: Cross Street: Sierra Rd

Price Information

Listing Price Info

Price Summary:

  • List Price: $990,000
  • Price Per SqFt: $623/SqFt

HOA Fees:

  • Amount: $240
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $11,767
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in San Jose, CA.

Med. Sold Price

$1.3M

Med. Price/SqFt

$849

Avg. Days On Market

12

# of Sold Homes

563

1646 Mercado Way vs San Jose

15 DAYS ON ROCKET

+3 Days

$990,000

-$364.5K Less

$623/SqFt

-$226 Less

KEY TAKEAWAY

This property is $364.5K less than the Median Sold Price and $226/SqFt less than other homes in San Jose, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #ML81963669

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (408) 252-1133
  • Listing Agent: Xiaozhu Kang

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/17/2024, 5:20:41 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$11,767$863,330
2020$11,766$854,478
2019$11,167$837,724
2018$11,168$821,299
2017$11,666$805,196

History based on county public records data.

Payment Calculator

$5,249

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,035

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

High School

school-card-donut-2772463
7
/10
  • Independence High School

  • 1776 Edal Park Dr

  • 1.18 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $100,107. The most common annual income of people living in San Jose, CA is between $35k-100k. The majority of families are married, with kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1646 Mercado Way

What is the listing price of this property?

The listing price of 1646 Mercado Way property is $990,000.

What type of property is this?

The property 1646 Mercado Way is a condo located in San Jose, California, 95131.

Is this property for sale now?

Sale Pending: 1646 Mercado Way is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 1646 Mercado Way are:
Independence High School: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $11,767 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1646 Mercado Way has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1646 Mercado Way is 1,589 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1646 Mercado Way is 2016.

Rocket HomesCaliforniaSanta Clara CountySan Jose951311646 Mercado Way

This home is located at 1646 Mercado Way in San Jose, CA and zip code 95131 in the North Valley neighborhood. This 1,589 square foot home was built in 2016. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 02, 2024 and is currently priced at $990,000.

In April 2024, from all listings sold in San Jose, CA there were more than 427 sold above asking price, over 66 sold below and more than 48 were sold right at the asked price. The number of listings in San Jose, CA increased by 21.4% between March 2024 and April 2024. Listings spent 12 days on the market in April 2024, and had a median list price of $1,354,548 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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