1048 Monroe Street 218, Santa Clara, California 95050, Santa Clara, 95050 - 1 bed, 1 bath
ACTIVE$729,000
1048 Monroe Street 218, Santa Clara, California 95050
1Bed
1Bath
839Sqft
Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Strategic Location: Situated in the heart of Silicon Valley, offering unparalleled access to major tech employers (Apple, Google, Nvidia, Intel, Meta), Santa Clara University, and major highways.
Top Cons:
Substantial HOA Fees: The monthly association fee of $551 is relatively high, adding a significant recurring cost to homeownership.
Compared to the nearby listings
Price:$729.0K vs avg $739.5K ($-10,500)50%
Size:839 sqft vs avg 969.5 sqft30%
Price/sqft:$869 vs avg $68990%
More Insights
Built in 2019 (6 years old).
Condition: This condo was built in 2019, making it only 6 years old, which falls well within the 'Excellent' category's 'built within 10 years' criterion. The listing explicitly states it's a '6-year-new condo' and a 'true turnkey home ready to enjoy.' The images confirm a modern aesthetic throughout, with an open living and dining layout. The kitchen features quartz countertops, white shaker-style cabinets, subway tile backsplash, and high-end stainless steel appliances, all appearing virtually new. The bathroom is described as spacious with dual sinks, aligning with modern expectations. Flooring is a mix of hardwood-style and carpet, both in pristine condition. The property boasts central heating and A/C, double-pane windows, and modern light fixtures (recessed lighting, contemporary pendants, and a stylish ceiling fan). There are no signs of wear, tear, or outdated components, indicating minimal physical depreciation and no deferred maintenance.
Year Built
2019
Close
-
List price
$729K
Original List price
$789K
Price/Sqft
$869
HOA
$551
Days on market
-
Sold On
-
MLS number
ML82019398
Home ConditionExcellent
Features
Good View:
View-
About this home
Beautiful 6-year-new condo in the heart of Silicon Valley. This home features an open living and dining layout with views of Franklin Square, where a farmers market is held every Saturday. The modern kitchen boasts quartz countertops and high-end appliances, complemented by a separate laundry room with washer and dryer. Additional highlights include double-pane windows, a spacious bathroom with dual sinks, central heating and A/C, and a building-wide water softener system. Community amenities offer secured entry, garage parking, elevators, fitness center, BBQ area, and an interior courtyard. Prime location near major employersApple, Google, Nvidia, Intel, and Metaplus walking distance to Santa Clara University, Fremont Park, and easy access to major highways. A true turnkey home ready to enjoy.
Condition Rating
Excellent
This condo was built in 2019, making it only 6 years old, which falls well within the 'Excellent' category's 'built within 10 years' criterion. The listing explicitly states it's a '6-year-new condo' and a 'true turnkey home ready to enjoy.' The images confirm a modern aesthetic throughout, with an open living and dining layout. The kitchen features quartz countertops, white shaker-style cabinets, subway tile backsplash, and high-end stainless steel appliances, all appearing virtually new. The bathroom is described as spacious with dual sinks, aligning with modern expectations. Flooring is a mix of hardwood-style and carpet, both in pristine condition. The property boasts central heating and A/C, double-pane windows, and modern light fixtures (recessed lighting, contemporary pendants, and a stylish ceiling fan). There are no signs of wear, tear, or outdated components, indicating minimal physical depreciation and no deferred maintenance.
Pros & Cons
Pros
Strategic Location: Situated in the heart of Silicon Valley, offering unparalleled access to major tech employers (Apple, Google, Nvidia, Intel, Meta), Santa Clara University, and major highways.
Modern & Turnkey Condition: A 2019-built condo featuring contemporary design, high-end kitchen appliances, quartz countertops, central heating/AC, and double-pane windows, ready for immediate occupancy.
Comprehensive Amenities: The building provides a suite of desirable amenities including secured entry, garage parking, elevators, a fitness center, BBQ area, interior courtyard, and a building-wide water softener.
Vibrant Community Access: Offers views of Franklin Square, a hub for a weekly farmers market, fostering a strong sense of community and local engagement.
Efficient & Functional Layout: Features an open living/dining concept, a dedicated laundry room with appliances, and a spacious bathroom with dual sinks, maximizing comfort and utility.
Cons
Substantial HOA Fees: The monthly association fee of $551 is relatively high, adding a significant recurring cost to homeownership.
Recent Price Adjustments: Multiple price reductions from the original list price may indicate market resistance or initial overpricing, potentially affecting buyer confidence or perceived value.
Limited Space & Condo Constraints: As a 1-bedroom, 1-bathroom unit spanning 839 sqft, it caters to a specific buyer demographic and comes with the typical limitations of condominium living, such as shared walls and potential HOA regulations.