, Morgan Hill, California 95037, Morgan Hill, 95037 - 3 bed, 2 bath
, Morgan Hill, California 95037
Morgan Hill, California 95037
Property Price
SUMMARY
Analysis of , Morgan Hill, California 95037 is currently available with a list price of $550,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Morgan Hill Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The property was built in 1986, making it 38 years old. The description explicitly states it's an 'Investor special' and 'needs some work,' indicating it's not move-in ready and requires updates. While no interior images are provided to assess the kitchen, bathrooms, or other interior features, a home of this age, described as needing work for an investor, strongly suggests that major components are functional but show significant signs of being outdated, requiring cosmetic and potentially some functional updates. The exterior appears maintained, not dilapidated, which rules out 'Poor' or 'Tear-down' based on visible evidence. This aligns with the 'Fair' criteria for properties built over 20 years ago (specifically within the 25-40 year range) that require minor updates or repairs due to age and lack of recent major renovations.
PROSSTRENGTHS & OPPORTUNITIES
- Desirable Location
Situated in Morgan Hill, a sought-after South Bay Area community, offering good schools and a suburban lifestyle.
- Aggressive Pricing
Listed at $550,000, this property is priced very competitively for a single-family home in Morgan Hill, indicating a strong value proposition.
- Investor Opportunity
Explicitly marketed as an 'investor special,' it presents a clear opportunity for buyers willing to undertake renovations to build equity.
CONSRISKS & DEFICIENCIES
- Requires Significant Work
The property description explicitly states it 'needs some work,' implying a need for immediate capital investment for repairs and upgrades.
- Extended Market History
The 'on_market_date' of August 27, 2014, suggests an unusually long market history, which could indicate underlying issues or challenges in previous attempts to sell.
- Additional Monthly Costs
A monthly association fee of $160 adds to the overall carrying costs, which may impact affordability or investment returns.
About
Great area in Morgan Hill..Investor special homes does needs some work. Price to sell fast.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1986
- Lot Size
- 6,098 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $160.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 35% |
| Baths | 2.0 | 3.0 | 31% |
| Square foot | 1,612 | 2,344 | 28% |
| Lot Size | 6,098 | 8,030 | 29% |
| Price | $550.0K | $1.48M | 3% |
| Price per sq ft | $341 | $660 | 2% |
| Built year | 1986 | 1991 | 43% |
| HOA | $160.0 | $80 | 76% |
| Days on market | 4210 | 163 | 0% |
Pricing History
Listed for Sale
Aug 27, 2014
$550,000
Initial Listing