11 days on rocket

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

$1,080,000

Home List Price

$10,000*

Closing Credit

0 Baths
2,008 SqFt
$538/SqFt
Multi
Schools Nearby

Location

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847 S 3rd St, San Jose$1,080,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingCarport
Year Built1900
MLS #ML81961909
Lot Size0.22 Acres
StatusActive

About 847 S 3rd St

Ready to boost your PASSIVE INCOME? Don't pass up the RARE OPPORTUNITY to seize this perfectly located multi-family home, nestled in the heart of Downtown San Jose. This property boasts 2-units, with the potential for expansion to 4-units (with reserved space and easily upgradable electrical panel). Each unit is flooded with natural light, complemented by a welcoming front porch, elegant wood flooring, and in-unit washer/dryer. The spacious kitchens feature top-name appliances, granite countertops and ample cabinet space. Bedrooms offer abundant light and individual closets. To top it all off, a generously sized backyard and private carport. A little more about the location, you're mere steps from Downtown's vibrant scene, featuring a plethora of restaurants, bars, parks, tech companies, San Jose State University (SJSU) and the renowned Sap Center for concerts and San Jose Sharks games. With easy access to highways 87, 280/680 and Caltrain/Light Rail, commuting is a breeze. Do Not miss the chance to own this profitable prize. It will go FAST! - UNIT 1: 2 BED / 1 BATH - $2,300 (monthly generated income) - UNIT 2: 3 BED / 2 BATH - $2,800 (monthly generated income)

Property Details

Property Features

Property Information:

  • Year Built: 1900
  • Stories: 1
  • Living Area: 2,008 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (650) 462-1111
  • Listing Agent: Renna Shee

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Cooktop, Electric Oven, Disposal, Refrigerator, Range Hood, Vented Exhaust Fan
  • Flooring Type: Wood

Exterior Features

Parking Information:

  • Parking: Carport

Lot Features

Lot Information:

  • Lot Size: 0.22 Acres

School Info

Assigned Schools Information:

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

Other

Directions Information:

  • Directions: Cross Street: E Virginia St

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,080,000
  • Price Per SqFt: $538/SqFt

Tax Information:

  • Annual Amount: $7,307
  • 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

847 S 3rd St vs San Jose

11 DAYS ON ROCKET

-5 Days

$1,080,000

-$260K Less

$538/SqFt

-$303 Less

KEY TAKEAWAY

This property is $260K less than the Median Sold Price and $303/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: #ML81961909

Listing Office:

  • Office Name: Compass
  • Office Phone: (650) 462-1111
  • Listing Agent: Renna Shee

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, 11:25:21 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

Mar 04, 2010Home Sold
$389,000
Apr 15, 2004Home Sold
$545,000
Sep 02, 1992Home Sold
$183,500

Tax History

YEARPROP. TAXASSESSMENT
2021$7,307$463,880
2020$7,307$459,124
2019$7,006$450,122
2018$7,006$441,297
2017$6,930$432,645

History based on county public records data.

Payment Calculator

$5,458

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,304

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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-3391186
3
/10

  • Washington Elementary School

  • 100 Oak St

  • 0.21 miles

  • Public District Grades KG-5

Middle School

school-card-donut-3391187
3
/10

  • Herbert Hoover Middle School

  • 1635 Park Ave

  • 2.46 miles

  • Public District Grades 6-8

High School

school-card-donut-3391188
6
/10

  • Abraham Lincoln High School

  • 555 Dana Ave

  • 2.48 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 $32,200. The most common annual income of people living in San Jose, CA is less than $35k. 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

Rocket Homes›California›Santa Clara County›San Jose›95112›847 S 3rd St

This home is located at 847 S 3rd St in San Jose, CA and zip code 95112 in the Fairgrounds neighborhood. This 2,008 square foot home, which was built in 1900, sits on a 0.22 acre lot. It has been listed on Rocket Homes since April 18, 2024 and is currently priced at $1,080,000.

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 listings in San Jose, CA increased by 19.9% between February 2024 and March 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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