1241 Renraw DR Active

San Jose,CA 95127

$ 1688888

4 Beds

2 Baths

1841 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,841 sqft

Price per Sqft $917

MLS Listing ID ML82000797

Bedrooms 4

Full Baths 2

HOA Y/N No

Year Built 1978

Lot Size 0.641 Acres

Property Sub-Type Single Family Residence

Property Description

Buy this home with a down payment as low as $17,000 vs $338,000 through Jubilees Joint Purchase Program You purchase the house, Jubilee purchases the land and then leases it to you. Your total monthly cost (mortgage + ground rent) is comparable to a traditional mortgage payment on the full property value. You can buy the land at any time within 99 years. This renovated 4-bed, 2-bath home in San Jose sits on a rare half-acre lot and includes nearly $200,000 in upgrades. Highlights include vaulted ceilings, bamboo floors, a quartz fireplace, and a modern kitchen with a marble island, quartz countertops, and designer finishes. Both bathrooms feature quartz vanities and glass showers. The spacious primary suite offers dual closets, and a converted garage provides a private in-law suite. The backyard is ideal for entertaining, with lush landscaping, a gazebo, and a storage shed. Jubilee Details: The initial ground rent is approximately $7,000/month in Year 1, adjusted annually for inflation thereafter. If you decide to buy the land, the buyout price is based on the greater of our initial investment and the fair market value of the property. Terms vary based on loan approval and program eligibility.

Location

State CA

County Santa Clara

Area 699 - Not Defined

Zoning A-PD

Interior

Interior Features Walk-In Closet(s)

Cooling Central Air

Flooring Laminate,Tile

Fireplace Yes

Appliance Dishwasher,Gas Cooktop,Disposal,Ice Maker,Microwave,Refrigerator,Range Hood

Exterior

Parking Features Uncovered

Fence Wood

View Y/N Yes

View City Lights,Park/Greenbelt

Roof Type Composition

Accessibility None

Porch Deck

Attached Garage Yes

Total Parking Spaces 4

Building

Faces West

Story 1

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

New Construction No

Schools

Elementary Schools Other

Middle Schools Other

High Schools Other

School District Other

Others

Tax ID 61232019

Security Features Security Lights

Special Listing Condition Standard

Virtual Tour https://jose.aryeo.com/videos/01963f69-3f01-73dd-bd4a-6877b77c5986

View More
Favorite Go Tour