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2529 Madden Ave, San Jose, CA, 95116

$1,595,000

Home List Price

$10,000*

Closing Credit

0 Baths
3,150 SqFt
$506/SqFt
Multi
Schools Nearby

Location

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2529 Madden Ave, San Jose$1,595,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeQuadruplex
Year Built1964
HeatingWall Furnace
CoolingWall/Window Unit(s)
MLS #ML81956927
Lot Size0.13 Acres
StatusActive

About 2529 Madden Ave

2529 Madden Ave is a 4-unit two-story building consisting of (2) 3 Bed 1 Bath and (2) 2 bed 1 bath units. The area where the building is situated has plenty of off-street parking, and the property provides designated parking spaces for its tenants. The building has a great corner 0.13-acre lot with an on-site washer/dryer. Fully rented with record low vacancy rates in the last 5+ years. All of the units have long-term tenants, and a professional property management company currently manages it. The property is right off of 680 and McKee Rd, providing its residents with easy and hassle-free access to California 680, 880, and Freeway 101; quite convenient for the daily commuter. San Jose is home to many companies, such as Cisco, PayPal, FICO, ZOOM, Western Digital, Sage Intacct, PWC, Adobe, the nearby Apple Headquarters in Cupertino. The roof is made of vinyl membrane and fairly new. The building has a fresh coat of paint and all-new windows. The foundation is a concrete perimeter with a crawl space. The property has a communal patio and manicured landscaping that is taken care of by one of the tenants. Unit 2 rents out storage at $110.

Property Details

Property Features

Property Information:

  • Year Built: 1964
  • Stories: 2
  • Living Area: 3,150 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (415) 345-3000
  • Listing Agent: Ray Rodriguez

Lot Features

Lot Information:

  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: Wall/Window Unit(s)

School Info

Assigned Schools Information:

  • James Lick High School, Public Magnet Grades 9-12

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,595,000
  • Price Per SqFt: $506/SqFt

Tax Information:

  • Annual Amount: $16,214
  • Tax Year: 2021
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Housing Market Comparison

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

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San Jose, CA

City

Med. Sold Price

$1.3M

Med. Price/SqFt

$840

Avg. Days On Market

16

# of Sold Homes

477

2529 Madden Ave vs San Jose

49 DAYS ON ROCKET

+33 Days

$1,595,000

+$254.9K More

$506/SqFt

-$335 Less

KEY TAKEAWAY

This property is $254.9K more than the Median Sold Price and $335/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: #ML81956927

Listing Office:

  • Office Name: Compass
  • Office Phone: (415) 345-3000
  • Listing Agent: Ray Rodriguez

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: 4/27/2024, 4:25:20 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 19, 2016Home Sold
$1,050,000
Dec 06, 2000Home Sold
$690,000

Tax History

YEARPROP. TAXASSESSMENT
2021$16,214$1,125,809
2020$16,213$1,114,267
2019$15,639$1,092,420
2018$15,640$1,071,000
2017$15,727$1,050,000

History based on county public records data.

Payment Calculator

$8,028

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,848

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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-1402013
2
/10

  • James Lick High School

  • 57 N White Rd

  • 0.67 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $23,826. Residents of San Jose, CA typically earn less than $35k each year. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›California›Santa Clara County›San Jose›95116›2529 Madden Ave

This home is located at 2529 Madden Ave in San Jose, CA and zip code 95116 in the Alexander neighborhood. This 3,150 square foot home, which was built in 1964, sits on a 0.13 acre lot. It has been listed on Rocket Homes since March 09, 2024 and is currently priced at $1,595,000.

San Jose, CA housing market in March 2024 saw over 360 listings sold above listed price, more than 37 sold at listed price and over 64 sold below. The number of homes for sale in San Jose, CA increased by 19.9% between February 2024 and March 2024. Listings spent 16 days on the market in March 2024, and had a median list price of $1,340,050 during the same period.

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

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