Property Overview:
3114 La Terrace Cir is a condominium in San Jose, CA 95123, built in 1985. It features 2 bedrooms, 1 bathroom, and 904 sq. ft. of living space. The home includes vaulted ceilings, a wood-burning fireplace, in-unit laundry hookups, and a balcony with storage. The most recent sale was for $575,000 in August 2020; the current estimated value is around $723,900.
Neighborhood Highlights:
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Crime Rate:
- Personal crime risk: 10.9% (lower than state average of 11.8%).
- Property crime risk: 6.5% (lower than state average of 10.8%).
- Moderate overall crime risk; 5 registered offenders within 1 mile.
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Schools:
Nearby schools include Allen at Steinbeck Elementary, Castillero Middle, Gunderson High, and Pioneer High.- Average SAT score: 1025 (higher than state average of 975).
- Schools are rated above average.
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Job Market:
- 65.6% white-collar jobs, 34.4% blue-collar jobs.
- Unemployment rate: 3.1% (lower than state average of 4.7%).
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Demographics:
- Community population: 56,954 (4% growth since 2000).
- 74% families with children.
- Largest age group: 35-44 years (16.08%), followed by 25-34 years (15.03%).
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Natural Disaster Risk:
- Very high earthquake risk.
- Very low tornado and flood risk.
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Weather:
- Average temperature: 34.6°F (January), 71.3°F (July).
- Average rainfall: 20.9 inches/year.
- No snowfall.
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Cost of Living:
- Median household income: $84,076.
- Average annual spending: $61,422.
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Home Values:
- Average sale price for similar homes: $608,616 – $842,742.
Property Features:
- Remodeled and updated with modern finishes and contemporary design.
- Kitchen:
- Updated cabinets, solid surface counters, newer appliances (electric range, dishwasher, Frigidaire refrigerator).
- Tile countertop/bar overlooking dining area.
- Living Room:
- Spacious with vaulted ceilings, wood-burning fireplace, and wooden mantle.
- Bedrooms:
- Large windows with new blinds, mirrored closets, and lake views.
- Bathroom:
- Remodeled with soft-close cabinets.
- Flooring:
- Laminate in main areas, high-quality carpet in bedrooms, linoleum in select areas.
- Balcony:
- Sliding glass door to balcony with additional storage; new balcony completed in 2016.
- Retractable custom blackout shades (remote-controlled).
- Laundry:
- In-unit washer/dryer hookups.
- Parking:
- Assigned parking in front of unit; ample guest parking.
- HVAC:
- AC/Heating system with Nest thermostat.
- Community Amenities:
- Pool, spa, clubhouse; HOA covers water, garbage, landscaping, and common areas.
- Pet-friendly.
- Security:
- Double-pane windows and sliding doors.
Location Benefits:
- Highly desirable Lakeview Terrace community across from Almaden Lake.
- Walking distance to Almaden Lake, Oakridge Mall, Whole Foods, Trader Joe’s, Costco, and numerous restaurants.
- Easy access to HWY 85 & 87 and public transportation.
- Short walk to community pool, lake, and trails.
- Perfect for relaxation and entertaining in a quiet, peaceful end unit.