Property Overview:
3393 Chancellor Way is a condominium townhouse in San Jose, CA, built in 1971. It features 3 bedrooms, 2 bathrooms, and 1,197 sq. ft. of living space. The home includes a parking garage and upgraded cabinets with granite countertops. The property needs cosmetic work and is being sold in AS-IS condition. The estimated home value is $617,400 (last sold for $500,000 in 2018).
Neighborhood Highlights:
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Crime Rate:
- Personal crime risk: 7.5% (lower than state average of 11.8%).
- Property crime risk: 2.6% (lower than state average of 10.8%).
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Schools:
Nearby schools include Andrew P. Hill High, Rocketship Rising Stars, and KIPP Heritage Academy.- State average SAT score: 975.
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Job Market:
- 53.9% white-collar jobs, 46.1% blue-collar jobs.
- Unemployment rate: 4.5% (lower than state average of 4.7%).
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Demographics:
- Community population: 55,829 (13% growth since 2000).
- 76% families with children.
- Largest age group: 25-34 years (15.33%); second largest: 35-44 years (14.97%).
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Natural Disaster Risk:
- Low flood risk, low tornado risk, high earthquake risk.
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Weather:
- Average temperature: 36.4°F (January), 71.9°F (July).
- Average rainfall: 15.7 inches/year.
- Average snowfall: 0 inches/year.
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Cost of Living:
- Median household income: $64,238.
- Average annual spending: $50,875.
Property Features:
- 3 bedrooms, 2 bathrooms, 1,197 sq. ft.
- Upgraded cabinets with granite countertops
- Parking garage
- Needs cosmetic work
- Sold in AS-IS condition
- Popular rental community
- Close to schools, shopping, restaurants, and grocery stores
Location Benefits:
- Family-friendly community with a high percentage of families with children
- Growing population and diverse age groups
- Convenient access to schools, shopping, and amenities
- Relatively safe neighborhood with lower-than-average crime rates
- High rental demand in the area