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$2,388,000

Beds
6
sq ft
4,039

1137 N 3rd St, San Jose, CA 95112

1137 N 3rd St

San Jose, CA 95112

  • 193 days on market
    • Price drop $11,000↓
Sprawled across two APNs, 1137 N 3rd St offers an incredible investment opportunity with a 2-story home, 3 ADUs, and a versatile carriage house/artist studio with endless possibilities. The main home beckons you into its sun-lit interior from the quiet, tree-lined street. Charming built-ins and a fireplace adorn the formal living room, while endless cabinetry and a full suite of appliances complete the kitchen. French doors reveal a massive secondary living room, ideal for hosting and entertaining. A half bath and laundry area are conveniently located on the entry-level, while upstairs resides 3BR/2BA. A paver-lined patio and pathing guide you through the gorgeously landscaped courtyard, which connects each standalone unit encompassed by gates and garden vignettes, adding to their remarkable privacy. Desirably located, revel in proximity to Downtown San Jose's local eateries and shopping, while nearby SJC and HWYs 880 and 87 make commuting and travel effortless.

Details

Property type

Est. home value

$1,466,266

Lot size

0.29 acres

Price per sq ft

$592

Year built

1936

HOA

No

Price History

10/02/2024
BridgeMLS

BridgeMLS #ML81966913

Price change
$2,388,000
-0.46%
06/25/2024
BridgeMLS

BridgeMLS #ML81966913

Price change
$2,399,000
-4%
06/12/2024
BridgeMLS

BridgeMLS #ML81966913

Listed
$2,499,000
+177.67%

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

San Jose Unified

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

The Stephen E And Pamela I Trettin 2017

Loan start date

March 2022

Original loan amount

$500,000

Est. remaining balance

Not provided

Interest rate

3.56%

Loan type

Commercial

Seller

Timothy P Ratchford and Elizabeth A Ratchford

Lender

Np Inc

Loan start date

February 2021

Original loan amount

$1,100,000

Est. remaining balance

$1,003,256

Interest rate

2.66%

Loan type

New Conventional, 30 year

Seller

Timothy P Ratchford and Elizabeth A Ratchford

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 12/22/2024 at 2:10 AM

Listing updated: 11/26/2024 at 2:15 AM

Listed by: Mark Von Kaenel, KW Bay Area Estates Phone #: (408) 568-6602

MLS: BridgeMLS #ML81966913

BridgeMLS logo

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