Property Overview:
1098 Esparanza Way is a condominium unit in San Jose, CA, built in 1998. The home features 3 bedrooms, 3 full bathrooms, and 1,439 sq. ft. of living space (public records may show 2 bed/2 bath at 1,085 sq. ft., but builder states 3 bed/3 bath at 1,439 sq. ft.). Includes a parking garage, newly installed HVAC and hot water heater, new vinyl plank flooring, and fresh interior paint. The estimated home value is $678,000.
Neighborhood Highlights:
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Population:
- Community of 7,166 residents (5% growth since 2000)
- 79% families with children
- Largest age group: 35-44 years (19.17%), followed by 45-54 years (17.32%)
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Crime Rate:
- Personal crime risk: 5% (lower than state average of 11.8%)
- Property crime risk: 2.5% (lower than state average of 10.8%)
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Schools:
- Nearby schools: Ledesma (Rita) Elementary, Martin Murphy Middle, Summit Public School: Tahoma, KIPP Navigate College Prep
- Average SAT score: 923 (Math: 485, English: 438), below state average of 975
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Job Market:
- 65.3% white-collar jobs, 34.7% blue-collar jobs
- Unemployment rate: 1.9% (lower than state average of 4.7%)
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Natural Disaster Risk:
- Low flood risk, low tornado risk, high earthquake risk
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Weather:
- Average temperature: 31.0°F (January), 68.0°F (July)
- Average rainfall: 19.5 inches/year
- Average snowfall: 0 inches/year
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Cost of Living:
- Median household income: $92,476
- Average annual spending: $66,115
Property Features:
- Corner unit with 3 bedrooms and 3 full bathrooms
- Newly installed HVAC and hot water heater
- New vinyl plank flooring and fresh interior paint
- Parking garage
- Heating system
- Builder-stated 1,439 sq. ft. (public records may differ)
- Conveniently located near shopping, hiking trails, and with easy access to highways 85 and 101
Location Benefits:
- Family-friendly community with a high percentage of families with children
- Safe neighborhood with crime rates well below state averages
- Close to schools and outdoor recreation
- Commuter-friendly with easy highway access
- Strong job market and low unemployment rate