Property Overview:
824 Jones Way is a single-family home in Campbell, CA, built in 1946. It features 3 bedrooms, 2 bathrooms, and 1,342 sq. ft. of living space. The home includes a parking garage, fireplace, and cooling system. The estimated home value is $1,432,000.
Note: The property is being sold as land value, As Is, due to extensive deferred maintenance, trip hazards, rodent activity, and water damage. It is likely not lendable and no interior viewing is allowed without a mask and listing agent present.
Neighborhood Highlights:
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Population & Demographics:
- Community population: 47,039 (9% growth since 2000)
- 60% families with children
- Largest age groups: 25-34 years (15.96%), 35-44 years (16.3%)
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Crime Rate:
- Personal crime risk: 8.1% (lower than state average of 11.8%)
- Property crime risk: 8.4% (lower than state average of 10.8%)
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Schools:
- Nearby schools: Capri Elementary, Westmont High, Rolling Hills Middle
- Average SAT score: 1038 (higher than state average of 975)
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Job Market:
- 67.8% white-collar jobs, 32.2% blue-collar jobs
- Unemployment rate: 2.5% (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: 44.2°F (January), 79.6°F (July)
- Average rainfall: 20.8 inches/year
- Average snowfall: 0.1 inches/year
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Cost of Living:
- Median household income: $74,299
- Average annual spending: $56,334
Property Features:
- Opportunity for major renovation or new build
- Sold as land value, As Is, without inspections
- Extensive deferred maintenance, trip hazards, rodent activity, water damage
- Not likely lendable due to condition
- Great cul-de-sac location in a highly sought-after Campbell neighborhood
- Close proximity to schools, shopping, and commute routes
Location Benefits:
- Family-friendly community with a high percentage of families with children
- Safe neighborhood with lower-than-average crime rates
- Strong job market and good schools
- Convenient access to schools, shopping, and major commute routes