1 month on rocket

551 Mclaughlin Ave, San Jose, CA, 95116

$1,288,880

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths
1,172 SqFt
$1,100/SqFt
House
Schools Nearby

Location

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551 Mclaughlin Ave, San Jose$1,288,880

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingOff Street
Garage2 spaces
Year Built1941
HeatingCentral
CoolingNone
FireplaceLiving Room, Wood Burning
MLS #ML81959015
Lot Size0.22 Acres
StatusActive

About 551 Mclaughlin Ave

Welcome to this charming property that offers more than just a place to call home. There are multiple units on this property, of which one unit that is a 2 bedroom 1 bath will be delivered vacant. The property is complemented by additional rental units producing around $8100 in income! This presents a unique opportunity to offset your living expenses or just make it into a pure rental, the choices are endless. This property is ideally located, ensuring everything you need is just a stone's throw away. With the added convenience of ample parking and privacy for each unit, managing your new investment is hassle-free. Whether you're stepping into the world of property investment or seeking a smart way to make your home work for you, is an excellent choice. It's not just a home; it's a smart financial move towards a brighter future.

Property Details

Property Features

Property Information:

  • Year Built: 1941
  • Stories: 1
  • Living Area: 1,172 SqFt

Listing Office:

  • Office Name: Keller Williams East County
  • Office Phone: (925) 634-0033
  • Listing Agent: Johnny Hoang

Interior Features

Interior Information:

  • Fireplace: Living Room, Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Off Street

Lot Features

Lot Information:

  • Lot Size: 0.22 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: None

School Info

Assigned Schools Information:

  • Yerba Buena High School, Public Magnet Grades 9-12
  • Bridges Academy, Public Charter Grades 7-8
  • College Connection Academy, Public District Grades 7-8
  • Lairon College Prepatory Academy, Public District Grades 3-8
  • McKinley Elementary School, Public District Grades KG-6

Other

Directions Information:

  • Directions: Cross Street: Spiro Dr

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,288,880
  • Price Per SqFt: $1,100/SqFt

Tax Information:

  • Annual Amount: $10,962
  • 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

$849

Avg. Days On Market

12

# of Sold Homes

563

551 Mclaughlin Ave vs San Jose

36 DAYS ON ROCKET

+24 Days

$1,288,880

-$65.6K Less

$1,100/SqFt

+$251 More

KEY TAKEAWAY

This property is $65.6K less than the Median Sold Price and $251/SqFt more 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: #ML81959015

Listing Office:

  • Office Name: Keller Williams East County
  • Office Phone: (925) 634-0033
  • Listing Agent: Johnny Hoang

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: 5/2/2024, 11:25:22 AM 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 13, 2016Home Sold
$150,000
Oct 11, 2011Home Sold
$300,000

Tax History

YEARPROP. TAXASSESSMENT
2021$10,962$746,336
2020$10,961$738,684
2019$10,522$724,200
2018$10,522$710,000
2017$5,486$324,674

History based on county public records data.

Payment Calculator

$6,500

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,931

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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.

Elementary School

school-card-donut-4691217
4
/10

  • McKinley Elementary School

  • 651 Macredes Ave

  • 0.13 miles

  • Public District Grades KG-6

Middle School

school-card-donut-4691218
2
/10

  • Bridges Academy

  • 1702 Mclaughlin Ave

  • 1.22 miles

  • Public Charter Grades 7-8

school-card-donut-4691219
9
/10

  • College Connection Academy

  • 1855 Lucretia Ave

  • 1.48 miles

  • Public District Grades 7-8

school-card-donut-4691220
2
/10

  • Lairon College Prepatory Academy

  • 3975 Mira Loma Way

  • 4.31 miles

  • Public District Grades 3-8

High School

school-card-donut-4691221
6
/10

  • Yerba Buena High School

  • 1855 Lucretia Ave

  • 1.48 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 $40,536. The most common annual income of people living in San Jose, CA is less than $35k. The majority of families are married, with kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 551 Mclaughlin Ave

What is the listing price of this property?

The listing price of 551 Mclaughlin Ave property is $1,288,880.

What type of property is this?

The property 551 Mclaughlin Ave is a house located in San Jose, California, 95116.

Is this property for sale now?

Active Listing: 551 Mclaughlin Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 551 Mclaughlin Ave are:
McKinley Elementary School: GreatSchools Rating 4/10
Bridges Academy: GreatSchools Rating 2/10
College Connection Academy: GreatSchools Rating 9/10
Lairon College Prepatory Academy: GreatSchools Rating 2/10
Yerba Buena High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $10,962 (source: MLS/based on county public records data).

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

The last sale was on September 13, 2016 for $150,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 551 Mclaughlin Ave has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 551 Mclaughlin Ave is 1,172 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 551 Mclaughlin Ave is 1941.

Rocket Homes›California›Santa Clara County›San Jose›95116›551 Mclaughlin Ave

This home is located at 551 Mclaughlin Ave in San Jose, CA and zip code 95116 in the McKinley neighborhood. This 1,172 square foot home, which was built in 1941, sits on a 0.22 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 26, 2024 and is currently priced at $1,288,880.

San Jose, CA housing market in April 2024 saw over 427 listings sold above listed price, more than 48 sold at listed price and over 66 sold below. The inventory of homes for sale in San Jose, CA between March 2024 and April 2024 increased by 21.4%. The median list price of listings available in April 2024 was $1,354,548, while the average time on the real estate market was 12 days.

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

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