28 days on rocket

627 S 3rd St, San Jose, CA, 95112

$1,588,000

Home List Price

$10,000*

Closing Credit

9 Bedrooms
3 Full Baths, 1 Partial
2,388 SqFt
$665/SqFt
House
Schools Nearby

Location

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627 S 3rd St, San Jose$1,588,000

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
Garage2 spaces
Year Built1898
HeatingCentral
CoolingCentral Air
MLS #ML81959543
Lot Size0.10 Acres
StatusActive

About 627 S 3rd St

EXCELLENT INCOME PROPERTY! Perfect for investors or income-minded buyers who can live in the building & rent out the rest. The county record shows "use code" as "3-4 units, any combination. Currently, it is used as 9 beds, 4 baths, 3 kitchens +2 dens. The 2-car detached garage is used as a recreational space. Another 4 cars in tandem could park inside the spacious gated yard. MANY UPDATES SINCE 2018, (NCLUDES NEW ROOF, downstairs AC, replaced most of the windows, LVP floor and carpet, 2 tankless water heaters, water softener, SS kitchen appliances, 2 sets of washer/dryer). 3 gas meters & 1 master water meter. Before Covid in 2019, the owner's rent roll with all rooms leased was about $105,000. Reduced vacancy since 2020 to better observe county Covid restriction! 1 of the 9 rooms is a studio w/1 of the 3 kitchens, private bath & entrance! In the heart of Downtown, Walk to San Jose State University, near cafes, restaurants & HWY280! Previous owner used the studio as the owner's unit and rented out the rest for income, future owner could easily use it as a Triplex If they wish, very flexible floor plan. As downtown companies are asking employees to come back in person and university staff & students are back in person, this property is in an excellent position for income growth!

Property Details

Property Features

Property Information:

  • Year Built: 1898
  • Stories: 2
  • Living Area: 2,388 SqFt

Listing Office:

  • Office Name: Intero Real Estate Services
  • Office Phone: (650) 543-7740
  • Listing Agent: Jessica Chung Yau

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Refrigerator
  • Flooring Type: Carpet, Laminate, Tile

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 9

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Abraham Lincoln High School, Public District Grades 9-12
  • Herbert Hoover Middle School, Public District Grades 6-8
  • Gardner Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Cross Street: Reed

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,588,000
  • Price Per SqFt: $665/SqFt

Tax Information:

  • Annual Amount: $18,835
  • 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

627 S 3rd St vs San Jose

28 DAYS ON ROCKET

+12 Days

$1,588,000

+$247.9K More

$665/SqFt

-$176 Less

KEY TAKEAWAY

This property is $247.9K more than the Median Sold Price and $176/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: #ML81959543

Listing Office:

  • Office Name: Intero Real Estate Services
  • Office Phone: (650) 543-7740
  • Listing Agent: Jessica Chung Yau

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

Oct 26, 2017Home Sold
$1,200,000
Jan 19, 2005Home Sold
$550,000

Tax History

YEARPROP. TAXASSESSMENT
2021$18,835$1,261,413
2020$18,834$1,248,480
2019$16,397$1,224,000
2018$16,397$1,200,000
2017$10,087$660,565

History based on county public records data.

Payment Calculator

$7,993

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,827

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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-3353877
3
/10

  • Gardner Elementary School

  • 502 Illinois Ave

  • 0.89 miles

  • Public District Grades KG-5

Middle School

school-card-donut-3353878
3
/10

  • Herbert Hoover Middle School

  • 1635 Park Ave

  • 2.29 miles

  • Public District Grades 6-8

High School

school-card-donut-3353879
6
/10

  • Abraham Lincoln High School

  • 555 Dana Ave

  • 2.34 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $47,024. Residents of San Jose, CA typically earn between $35k-100k each year. Most families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 627 S 3rd St

What is the listing price of this property?

The listing price of 627 S 3rd St property is $1,588,000.

What type of property is this?

The property 627 S 3rd St is a house located in San Jose, California, 95112.

Is this property for sale now?

Active Listing: 627 S 3rd St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 627 S 3rd St are:
Gardner Elementary School: GreatSchools Rating 3/10
Herbert Hoover Middle School: GreatSchools Rating 3/10
Abraham Lincoln 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 $18,835 (source: MLS/based on county public records data).

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

The last sale was on October 26, 2017 for $1,200,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 627 S 3rd St has 9 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 627 S 3rd St is 2,388 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 627 S 3rd St is 1898.

Rocket Homes›California›Santa Clara County›San Jose›95112›627 S 3rd St

This home is located at 627 S 3rd St in San Jose, CA and zip code 95112 in the South Campus neighborhood. This 2,388 square foot home, which was built in 1898, sits on a 0.10 acre lot. Features: 9 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 01, 2024 and is currently priced at $1,588,000.

In March 2024 more than 360 listings in San Jose, CA were sold above the asking price. During the same period more than 37 listings were sold at asking price, while more than 64 were sold below. In March 2024 in San Jose, CA there were 19.9% more homes for sale than in February 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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