415 N 2nd St UNIT 238, San Jose, CA 95112

1 bed1 bath789 sqft

Foreclosed
Foreclosure Estimate: $324,003
Below Zestimate®: $53K (14%)

This property is owned by a bank or a lender who took ownership through foreclosure proceedings. It may soon be listed for sale. This property is not found on a multiple listing service (MLS).

A Foreclosure Estimate is the price Zillow predicts a property will sell for if it's listed as a foreclosure (bank-owned property or real estate owned). Learn more

Zillow predicts this property will sell for $324,003 if it's listed for sale as a foreclosure. This is 14.0% or $52,745 below the Zestimate® home valuation of $376,748. Learn more

My Notes

Edit
This home is a Real Estate Owned (REO)/Post Foreclosure. Once a lender has foreclosed on a property it is soon put up for public auction. If bids fall short of the asking price the bank will buy back the home and attempt to sell it on the open market. However, lenders are not real estate agents, meaning that they will often accept offers significantly below market value!

Facts

  • Condo
  • Built in 1994
  • 531 days on Zillow
  • Heating: Forced air
  • Last sold: Jul 2013 for $345,000
  • Price/sqft: $437

Construction

  • Construction quality: 6.0
  • Room count: 3
  • # Stories: 1.0
  • Structure type: Other
  • Unit count: 1

Other

  • Floor size: 789 sqft
  • Last remodel year: 1995
  • Parcel #: 24973110
  • Zillow Home ID: 19570228

Foreclosure Information 

DATEForeclosed$000,000The lender, Unknown, has taken ownership of this property through a foreclosure auction for the amount of $000,000. The lender may list it for sale as a foreclosure property in the future. Zillow's Foreclosure Estimate predicts this property will sell for $000,000
DATEForeclosure auction$000,000The owner of this property has been served a Notice of Trustee Sale which led to foreclosure and the lender taking ownership. A foreclosure auction was held on Date
DATEHome in default$000,000The owner of this property has been served a Notice of Default. The loan in default was issued by Unknown on Date in the amount of $000,000
DATEPrevious sale$000,000The home was last sold for $000,000.
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Zestimate Details

Zestimate
A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

Don't agree with your home's Zestimate? Owners can edit their home facts to make the Zestimate more accurate. Plus, you can leave an opinion on your Zestimate value below. Just click "Owner Estimate".
$376,748
+$7,914 Last 30 days
$354K
$396K
Zestimate range
Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
$2,071/mo
+$9 Last 30 days
$1.8K
$2.4K
Zestimate range
Zestimate forecast
$XXX,XXX
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One year
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Popularity on Zillow

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Neighborhood

Market guide

Zillow predicts Downtown home values will increase 4.6% next year, compared to a 4% increase for San Jose as a whole.

Foreclosures will be a factor impacting home values in the next several years. In Downtown, the number of foreclosures waiting to be sold is 28.7% higher than in San Jose, and 20.8% greater than the national average. This higher local number may prevent Downtown home values from rising as quickly as other regions in San Jose.

Learn more about forecast calculations or Downtown home values.
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    Other Units in this Building (1)ZestimateBedsBathsSqft
    Unit 338$506K331,548

    Nearby Schools in San Jose

    GreatSchools ratings give an overview of a school's test results. The ratings are based on a comparison of test results for all schools in the state.

    Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

    Data by GreatSchools.org