Property Overview:
148 S 3rd St is a townhouse-style condominium in the Paseo Plaza Community in Downtown San Jose, CA 95112, built in 1996. It features 2 bedrooms, 2.5 bathrooms, and 1,458 sq. ft. of living space. The unit includes a private balcony, open kitchen floor plan, tandem parking, forced air heating, and central cooling. The most recent sale was for $807,000 (07/06/2020), with an estimated current value around $946,400.
Neighborhood Highlights:
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Crime Rate:
- Personal crime risk: 11.3% (lower than state average of 11.8%).
- Property crime risk: 11.3% (higher than state average of 10.8%).
- Overall crime risk: Moderate; 31 criminal and sex offenders within 1 mile.
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Schools:
Nearby schools include Horace Mann Elementary, San Jose High, Peter Burnett Middle, and Perseverance Preparatory.- Average SAT score: ~890 (state average: 975).
- Schools are considered average.
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Job Market:
- 51.3% blue-collar jobs, 48.7% white-collar jobs.
- Unemployment rate: 5.3% (higher than state average of 4.7%).
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Demographics:
- Community population: 53,247 (11% growth since 2000).
- 57% families with children.
- Largest age group: 25-34 years (19.5%); second largest: 20-24 years (14.8%).
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Natural Disaster Risk:
- Very high earthquake risk.
- Very low tornado risk.
- Low flood risk.
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Weather:
- Average temperature: 43.0°F (January), 76.3°F (July).
- Average rainfall: 11.4 inches/year.
- Average snowfall: 0 inches/year.
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Cost of Living:
- Median household income: $49,290.
- Average annual spending: $42,469.
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Home Values:
- Average sale price for similar homes: $842,000 – $1,106,000.
Property Features:
- Bright end unit with easy street and hallway access (pet-friendly and convenient).
- Open-concept kitchen with granite counters, ample cabinetry, and stainless steel appliances.
- Private balcony with city views.
- Two expansive primary suites upstairs, each with en-suite bathrooms; main suite includes soaking tub, double sinks, stall shower, and walk-in closet.
- Downstairs: Half bath, laundry area, and storage under stairs.
- Tandem parking spaces in secure garage.
- Resort-style amenities:
- Pool, jacuzzi, fitness center (with locker rooms & saunas), courtyard, social room, and beautiful landscaping.
Location Benefits:
- Prime downtown location: Walking distance to San Jose State University (SJSU), MLK Library, shopping, dining, entertainment, and Safeway Market.
- Easy access to VTA/Light Rail, Highways 87 & 280, future BART station, and Google campus.
- Close to major attractions: San Pedro Square, City Hall, museums, Mineta International Airport.
- Commuter-friendly and ideal for enjoying vibrant city life.