17 days on rocket

505 Elk Ridge Way, San Jose, CA, 95136

$799,000

Home List Price

$9,488*

Closing Credit

2 Bedrooms
2 Full Baths
1,173 SqFt
$681/SqFt
Condo
Schools Nearby

Location

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505 Elk Ridge Way, San Jose$799,000

Buyer Closing Credits

$9,488*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Garage1 space
Year Built1988
HeatingForced Air
CoolingCentral Air
FireplaceLiving Room
ViewCity Lights, Hills
MLS #ML81961020
StatusActive

About 505 Elk Ridge Way

Exclusive, elevated top-story end unit boasting picturesque panoramic VIEWS. Situated in the most coveted location within The Elk Ridge Estates community, this immaculate 2-bedroom, 2-bath condo offers vaulted ceilings, an open dining/living area, a charming fireplace, and expansive windows that flood the space with natural light, framing the awe-inspiring vistas of the surrounding landscape and majestic mountains. Thoughtfully updated fixtures throughout exude a sense of modern elegance, harmonizing seamlessly with the sleek design of the renovated kitchen featuring luxurious quartz countertops, stainless steel appliances, and an oversized sink. The generously proportioned Owner's Suite is a sanctuary of comfort, complete with an indulgent en-suite bathroom featuring a vanity, a dreamy walk-in closet, a linen closet offering ample storage, and a private balcony with views, perfect for savoring moments of tranquility. Additional amenities include convenient in-unit laundry facilities, supplementary storage space, a single-car garage, and an additional assigned parking spot. HOA privileges encompass cable, wifi, water, and garbage services, ensuring a hassle-free lifestyle. Ideally located in close proximity to the 87, 85, light rail, public transportation, and shopping.

Property Details

Property Features

Property Information:

  • Year Built: 1988
  • Stories: 1
  • Living Area: 1,173 SqFt

Listing Office:

  • Office Name: Christie's International Real Estate Sereno
  • Office Phone: (408) 295-3111
  • Listing Agent: Jennifer Long

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Refrigerator
  • Flooring Type: Laminate
  • Interior: Walk-In Closet(s)
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: City Lights, Hills

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Andrew P. Hill High School, Public Magnet Grades 9-12
  • Lairon College Prepatory Academy, Public District Grades 3-8
  • Shirakawa (George, Sr.) Elementary School, Public District Grades KG-8
  • College Connection Academy, Public District Grades 7-8

Other

Directions Information:

  • Directions: Cross Street: Hillsdale Ave and Mountain Springs

Price Information

Listing Price Info

Price Summary:

  • List Price: $799,000
  • Price Per SqFt: $681/SqFt

HOA Fees:

  • Amount: $643
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $6,749
  • 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

$840

Avg. Days On Market

16

# of Sold Homes

477

505 Elk Ridge Way vs San Jose

17 DAYS ON ROCKET

+1 Day

$799,000

-$541K Less

$681/SqFt

-$160 Less

KEY TAKEAWAY

This property is $541K less than the Median Sold Price and $160/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: #ML81961020

Listing Office:

  • Office Name: Christie's International Real Estate Sereno
  • Office Phone: (408) 295-3111
  • Listing Agent: Jennifer Long

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: 4/29/2024, 9:25:21 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

Jun 24, 2020Home Sold
$650,000
Jul 23, 2013Home Sold
$420,000
May 28, 2010Home Sold
$312,000
Jul 27, 2004Home Sold
$425,000

Tax History

YEARPROP. TAXASSESSMENT
2021$6,749$656,734
2020$6,748$470,770
2019$6,506$461,540
2018$6,507$452,492
2017$6,430$443,620

History based on county public records data.

Payment Calculator

$4,698

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,462

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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.

Middle School

school-card-donut-3354519
2
/10
  • Lairon College Prepatory Academy

  • 3975 Mira Loma Way

  • 1.69 miles

  • Public District Grades 3-8

school-card-donut-3354520
5
/10
  • Shirakawa (George, Sr.) Elementary School

  • 665 Wool Creek Dr

  • 2.30 miles

  • Public District Grades KG-8

school-card-donut-3354521
9
/10
  • College Connection Academy

  • 1855 Lucretia Ave

  • 2.68 miles

  • Public District Grades 7-8

High School

school-card-donut-3354522
3
/10
  • Andrew P. Hill High School

  • 3200 Senter Rd

  • 1.71 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $98,737. Most San Jose, CA residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 505 Elk Ridge Way

What is the listing price of this property?

The listing price of 505 Elk Ridge Way property is $799,000.

What type of property is this?

The property 505 Elk Ridge Way is a condo located in San Jose, California, 95136.

Is this property for sale now?

Active Listing: 505 Elk Ridge Way is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 505 Elk Ridge Way are:
Lairon College Prepatory Academy: GreatSchools Rating 2/10
Shirakawa (George, Sr.) Elementary School: GreatSchools Rating 5/10
College Connection Academy: GreatSchools Rating 9/10
Andrew P. Hill High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $6,749 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 24, 2020 for $650,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 505 Elk Ridge Way has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 505 Elk Ridge Way is 1,173 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 505 Elk Ridge Way is 1988.

Rocket HomesCaliforniaSanta Clara CountySan Jose95136505 Elk Ridge Way

This home is located at 505 Elk Ridge Way in San Jose, CA and zip code 95136 in the Fairgrounds neighborhood. This 1,173 square foot home was built in 1988. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 12, 2024 and is currently priced at $799,000.

In March 2024, from all listings sold in San Jose, CA there were more than 360 sold above asking price, over 64 sold below and more than 37 were sold right at the asked price. In March 2024 in San Jose, CA there were 19.9% more homes for sale than in February 2024. The median list price of listings available in March 2024 was $1,340,050, while the average time on the real estate market was 16 days.

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

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