Exceptional Investment Opportunity in Historic Naglee Park - Central San Jose Located in the sought-after Naglee Park neighborhood, this versatile property offers tremendous potential for investors or owner-occupants. Situated in a charming, close-knit community, the home is within walking distance to San Jose State University, downtown shops, dining, and entertainment. Enjoy easy access to Highways 101, 280, and 87, and benefit from proximity to the proposed Google Campus tech hub. This property boasts a flexible layout and a low HOA. Previously utilized as a single-family residence, corporate housing, student rental, and an Airbnb, it was most recently reconfigured into two separate units to maximize rental income. It can easily be converted back to its original floor plan if desired. Don't miss this unique opportunity to own a property in one of San Jose's most dynamic and evolving neighborhoods.
Active
$1,100,000
648 Valley Oak Ter, San Jose, CA 95112
5beds
1,904sqft
Single Family Residence
Built in 2006
2,700 Square Feet Lot
$1,084,900 Zestimate®
$578/sqft
$320/mo HOA
What's special
Two separate unitsFlexible layout
- 6 days
- 315
- 14
Zillow last checked:
Listing updated:
Listed by:
John Murphy DRE #01448744 408-209-9027,
Wesely & Associates
Source: MetroList Services of CA,MLS#: 226116943Originating MLS: MetroList Services, Inc.
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- Partial bathrooms: 1
Primary bathroom
- Features: Shower Stall(s), Soaking Tub, Tub
Dining room
- Features: Dining/Living Combo
Kitchen
- Features: Slab Counter, Stone Counters
Heating
- Central
Cooling
- Central Air
Appliances
- Laundry: Laundry Closet, Inside Room
Features
- Flooring: Carpet, Tile
- Has fireplace: No
Interior area
- Total structure area: 0
- Total interior livable area: 1,904 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Garage Faces Rear
- Garage spaces: 2
Features
- Fencing: Back Yard
Lot
- Size: 2,700 Square Feet
- Features: Corner Lot, Low Maintenance
Details
- Parcel number: 47241012
- Zoning: R1
- Special conditions: Other
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Stucco
- Foundation: Slab
- Roof: Tile
Condition
- Year built: 2006
Utilities & green energy
- Electric: 220 Volts in Laundry
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Public, Sewer In & Connected
Community & HOA
HOA
- Has HOA: Yes
- Amenities included: Greenbelt
- Services included: Common Areas, Maintenance Grounds, Management
- HOA fee: $320 monthly
Location
- Region: San Jose
Financial & listing details
- Price per square foot: $578/sqft
- Tax assessed value: $999,690
- Price range: $1.1M - $1.1M
- Date on market: 9/17/2026
Estimated market value
$1,084,900
$1.03M - $1.14M
$5,778/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/17/2026 | Listed for sale | $1,100,000-1.7%$578/sqft |
Source: MetroList Services of CA #226116943 Report a problem | ||
| 9/7/2026 | Listing removed | $4,500$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/9/2026 | Price change | $4,500-18.2%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/8/2026 | Listed for rent | $5,500-15.4%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/29/2026 | Listing removed | $1,119,000$588/sqft |
Source: MetroList Services of CA #226068427 Report a problem | ||
| 5/29/2026 | Listed for sale | $1,119,000-1.8%$588/sqft |
Source: MetroList Services of CA #226068427 Report a problem | ||
| 5/27/2026 | Listing removed | $6,500$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/15/2026 | Price change | $6,500+8.4%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/11/2026 | Price change | $5,999+50%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/28/2026 | Listing removed | $1,139,000$598/sqft |
Source: MetroList Services of CA #226024016 Report a problem | ||
| 3/28/2026 | Price change | $1,139,000-1.7%$598/sqft |
Source: MetroList Services of CA #226024016 Report a problem | ||
| 3/2/2026 | Listed for sale | $1,159,000+4.4%$609/sqft |
Source: MetroList Services of CA #226024016 Report a problem | ||
| 1/28/2026 | Listing removed | $1,110,000$583/sqft |
Source: MetroList Services of CA #226000526 Report a problem | ||
| 1/3/2026 | Listed for sale | $1,110,000-1.7%$583/sqft |
Source: MetroList Services of CA #226000526 Report a problem | ||
| 12/3/2025 | Listing removed | $1,129,000$593/sqft |
Source: MetroList Services of CA #225071062 Report a problem | ||
| 12/2/2025 | Price change | $3,999+16.8%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/21/2025 | Price change | $3,424-31.5%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/7/2025 | Price change | $1,129,000-4.2%$593/sqft |
Source: MetroList Services of CA #225071062 Report a problem | ||
| 9/18/2025 | Listed for sale | $1,179,000-1.7%$619/sqft |
Source: MetroList Services of CA #225071062 Report a problem | ||
| 9/5/2025 | Price change | $4,999-5.7%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/30/2025 | Listed for rent | $5,299+6%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/8/2025 | Listing removed | $1,199,888$630/sqft |
Source: MetroList Services of CA #225071062 Report a problem | ||
| 6/2/2025 | Listed for sale | $1,199,888$630/sqft |
Source: MetroList Services of CA #225071062 Report a problem | ||
| 5/14/2025 | Listing removed | $4,999$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/14/2025 | Listed for rent | $4,999$3/sqft |
Source: Zillow Rentals Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $999,690 +2% |
| 2025 | $13,305 +6.1% | $980,089 +2% |
| 2024 | $12,542 +1.9% | $960,872 +2% |
| 2023 | $12,302 +0.9% | $942,032 +2% |
| 2022 | $12,187 +1.4% | $923,561 +2% |
| 2021 | $12,018 +2.3% | $905,453 +1% |
| 2020 | $11,749 | $896,170 +2% |
| 2019 | $11,749 +3.2% | $878,599 +2% |
| 2018 | $11,386 | $861,372 +6.3% |
| 2017 | $11,386 +4.6% | $810,000 +5.2% |
| 2016 | $10,883 +27.5% | $770,000 +26% |
| 2015 | $8,533 +18.8% | $611,300 +16% |
| 2014 | $7,185 | $527,000 +15.6% |
| 2013 | -- | $456,000 +2.5% |
| 2012 | -- | $445,000 -0.2% |
| 2011 | -- | $446,000 -5.9% |
| 2010 | -- | $474,200 -2.7% |
| 2009 | -- | $487,400 -33.4% |
| 2008 | -- | $731,300 +1% |
| 2007 | -- | $724,200 +81.1% |
| 2006 | -- | $399,950 |
Find assessor info on the county website
Monthly payment
Est. payment





