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2473 Olive Ave
Score
61
San Jose, CA

2473 Olive Ave

1.0M
2 bd • 1 ba • 856 sf

This analysis was generated on 5/17/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

AI Property Analysis

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Property Overview

List Price
$1,049,888
-32%vs 95128
Price/Sq.Ft
$1,227
+19%vs 95128
Within Fair Range
within range

Current Price

$1,049,888

Fair Range

$1,040,000 - $1,100,000

$1,049,888
Below Market-20%
Above Market+20%

Negotiation Leverage

3 points to consider in your offer

Recommended Offer

$1,070,000
Success Probability:High(65%)

AI Rationale

Reflects market value adjusted for $18,000 in needed repairs. Competitive market and low DOM suggest moderate seller motivation.

Overall Score
61
78
Home Condition
80
Natural Light
44
Value
68
Location

Visual Insights

AI-analyzed spaces with reimagining capabilities

Drop Ceiling
Drop Ceiling

Drop Ceiling

The ceiling in the living room appears to be a drop ceiling, which can be less desirable than a traditional ceiling.

Unfinished Basement
Unfinished Basement

Unfinished Basement

The basement appears unfinished with exposed insulation and wiring.

Weathered Wooden Fence
Weathered Wooden Fence

Weathered Wooden Fence

The wooden fence surrounding the property shows signs of weathering, including discoloration and potential rot in some areas.

Aged Carport Structure
Aged Carport Structure

Aged Carport Structure

The wooden carport structure appears aged and could benefit from structural reinforcement or replacement.

Dark Countertops
Dark Countertops

Dark Countertops

The kitchen features a dark countertop that may not be to everyone's taste and could make the space feel smaller.

Lattice Railing
Lattice Railing

Lattice Railing

The front porch has a lattice railing which may require more maintenance than a solid railing.

Dated Vanity
Dated Vanity

Dated Vanity

The bathroom has a dated vanity and mirror.

Renovation Assessment

Prioritized renovations based on property inspection and market impact.

High Priority Renovations

$0

No required renovations identified

Note: these are rough estimates. For more accurate estimates, please contact a professional.

Ownership History

Previous ownership changes and transaction details

Feb
2022
$975,000Financed
February 15, 2022
From:Paul Cooper
To:Maxime Chevreton
Grant Deed
Non-Residential Arm's Length Transactions

Pricing History

Historical pricing trends for this property

Monthly Costs

Interactive breakdown of estimated monthly expenses

Monthly Cost
$0123456789012345678901234567890123456789
$1,049,888
-30%List: $1,049,888+30%
20%
$209,978of $1,049,888
7%
1%15%
* Estimates based on a 30-year fixed mortgage. Property tax rate: 1.2%, Home insurance: $4,410/year

Upfront Transaction Costs

Estimated costs due at closing, including down payment and fees

Total Due at Closing
$279,645
Closing Costs
+$69,667
Down Payment
$209,978
Buyer Agent Fee
$26,772
Loan Fees
$8,399
Title & Escrow
$6,299
Inspections
$900
Transfer Tax
$11,549
Prepaid Expenses
$15,748

* Estimated costs based on typical rates. Actual costs may vary by location, lender, and transaction details.

** Buyer agent fees are negotiable and may sometimes be covered by the seller.

Buyer Power Index

5
/10
Limited Buyer Power
Market Speed
2 days
vs 13 day average
This home has been listed for 2 days, while homes in this area typically sell in 13 days
Inventory Health
32
homes for sale
25 homes sold last month, indicating 1.3x more supply than demand
Price Dynamics
104.5%
of asking price
Homes typically sell for 4.5% above asking price

Price Trajectory

$1,600,000
Current median price
+6.8%
Year over year
Cooling
Heating
Market favors buyers
Market favors sellers
Market Is heating
Prices are up 2.9% over the last 3 months
3 Months
+2.9%
6 Months
+6.7%
1 Year
+6.8%

Historical Market Pulse

Key metrics over time, revealing market momentum and patterns

Negotiation Insight

Days on market increasing 30.0% over the past 3 months suggests growing buyer leverage.

Historical Comparison
Current Value
$1,600,000
3 Months Ago
$1,150,000
+39.1%
Subject Property
Comparable Sales
View on Zillow

Subject Property

Price
$1,049,888
Price/sqft
$1,227
Layout
2 bd1 ba
Days on market
2 daysat time of analysis

Stats in the Area

Based on 6 comparable properties nearby

Average Price

$1,157,185

9.3%

Your price is 9.3% below average

Median Price

$1,188,000

11.6%

Based on 6 recent sales

Price per Sq.Ft

$1,325

7.4%

Your price is 7.4% below average $/sqft

Comparable Properties

232 Topeka Avenue, San Jose, CA 95126
Price: $1,100,000
Sq.Ft: 881
Beds/Baths: 2/1
$/Sq.Ft:
$1,2491.8%
Sale Date: 2/24/2025
403 Leland Avenue, San Jose, CA 95128
Price: $1,000,108
Sq.Ft: 816
Beds/Baths: 2/1
$/Sq.Ft:
$1,2260.1%
Sale Date: 2/27/2025
1759 Heatherdale Avenue, San Jose, CA 95126
Price: $1,270,000
Sq.Ft: 924
Beds/Baths: 2/1
$/Sq.Ft:
$1,37412.1%
Sale Date: 3/6/2025
924 Tamarack Ave, San Jose, CA 95128
Price: $1,188,000
Sq.Ft: 806
Beds/Baths: 2/1
$/Sq.Ft:
$1,47420.2%
Sale Date: 2/14/2025
541 Flagg Avenue, San Jose, CA 95128
Price: $1,335,000
Sq.Ft: 952
Beds/Baths: 3/1
$/Sq.Ft:
$1,40214.3%
Sale Date: 2/4/2025
538 Flagg Avenue, San Jose, CA 95128
Price: $1,050,000
Sq.Ft: 858
Beds/Baths: 2/1
$/Sq.Ft:
$1,2240.2%
Sale Date: 12/11/2024

Schools

Nearby school quality by education level

Elementary

4.2/10
Average

Middle

3.8/10
Below Average

High

5.3/10
Average

Neighborhood Mobility

How easily you can get around with or without a car

Scores are out of 100. Higher scores indicate better accessibility. Data provided by Walk Score®.

Climate Risks

Assessment of climate-related hazards for this property

Moderate Risk Profile

This property has 0 severe, 0 major, and 1 moderate risk factors

Climate risk data is based on historical patterns and projections. Consider consulting with insurance providers and local experts for property-specific assessments.

Safety Analysis

74/100
Good

Based on data from Cupertino Police Department

Total Crime Rate
900.0
per 100,000 residents
Violent Crime Rate
166.0
per 100,000 residents
Property Crime Rate
725.0
per 100,000 residents

Crime Rate Comparison

Recent Crime Trends

2022
Violent Crimes
154
Property Crimes
768
2023
Violent Crimes
178
15.6%
Property Crimes
700
8.9%

Sunlight Analysis

Data provided by Shadowmap

Loading sunlight data...

Tour Checklist

Key items to inspect during your property tour

Thoroughly inspect the wine cellar for proper temperature and humidity control, looking for signs of mold, condensation, or leaks.

Check the foundation for cracks, especially around the perimeter and in the basement (wine cellar) area.

Inspect the roof for any signs of damage, such as missing or damaged shingles, leaks, or sagging.

Questions to Ask

Important questions to ask during the tour

Can you provide documentation for all smart home systems, including installation dates, warranty information, and any service records?

What is the typical monthly cost for utilities (electricity, gas, water) for this property?

Given the age of the home, have the sewer lines been inspected recently, and are there any known issues with tree root intrusion or other problems?

Showing critical items first. Click any item to see why it's important. Red icons indicate highest priority items that should not be missed.

Property Discussion

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