
San Jose, California 95117
This Turnkey Townhouse represents a Strong Value Opportunity, listed at $899,000—positioned well below the $952,709 Fair Market Value by 5%. This valuation gap offers $53,709 in Instant Equity for the buyer. Featuring an Excellent Condition Rating with a renovated kitchen and vaulted ceilings, this home offers a move-in ready lifestyle near top-rated schools like George C. Payne Elementary. It is an ideal acquisition for first-time buyers or owner-occupants seeking a prime Silicon Valley location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1371 Cherrywood Sq Subject 2 bd · 2 ba · 1,056 sqft · $902 | $899,000* List Price | 2 | 2 | 1,056 | $902 | - |
A 1381 Millich Lane Sold 2 bd · 2 ba · 1,056 sqft · $924 · 0.0 mi | $976,000 | 2 | 2 | 1,056 | $924 | 0.0 mi |
B 1387 Cherrywood Square Active 2 bd · 2 ba · 1,220 sqft · $734 · 0.0 mi | $895,000 List Price | 2 | 2 | 1,220 | $734 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1972, the property has undergone significant recent renovations including an updated kitchen with stone countertops and modern cabinetry, newly installed recessed lighting, and contemporary flooring throughout. The unit is in mint, move-in ready condition with updated HVAC systems and no apparent maintenance needs.
The home features a bright, open floor plan with vaulted ceilings and a fully updated kitchen boasting stone countertops, gas range, and stainless steel appliances.
Ideally situated for commuters with easy access to Highways 280 and 17, and just a short drive to premier shopping and dining at Santana Row and Valley Fair.
The property is served by top-rated schools, including George C. Payne Elementary and Prospect High, significantly enhancing its long-term value and appeal to families.
At 1,056 square feet, the interior living area is relatively small for a two-bedroom townhouse, which may feel restrictive for some buyers.
The $430 monthly association fee adds a significant fixed cost to the monthly budget, which may impact affordability for price-sensitive buyers.
Welcome to this beautifully updated and maintained 2-bed, 2-bath townhome offering 1,056 sqft of living space on a 1,344 sqft lot, located in the peaceful and highly desirable Merrivale West community facing the open common area. ** Bright and airy open floor plan featuring a vaulted ceiling in the spacious great room. A large sliding glass door filling the home with natural light and opening to a cozy, private back patio - perfect for relaxing or entertaining. ** Updated kitchen boasting a gas range, ss appliances, recessed lighting, stone countertops, full backsplash, and modern cabinetry. ** The primary bedroom including its own private balcony, adding an extra touch of comfort and retreat. Additional features including a 2-car garage, central heating and AC. ** Newly installed recessed lights in living area, Newly installed ceiling flush light in both bedrooms. Newly replaced dining light fixture. ** Residents enjoying access to community amenities such as a swimming pool, clubhouse, walking paths, and green space - all just a short stroll from the back patio. ** Top-rated schools: George C. Payne Elementary, Moreland Middle, and Prospect High School. ** Easy access to Highways 280 and 17, as well as San Tomas and Lawrence Expressways - ideal for commuting to major tech campuses throughout the South Bay. ** Nearby shopping, dining, and entertainment options including Valley Fair, Santana Row, and Westgate Center, all just a short drive away.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades 7-8 • 1.2 mi
Grades 6-8 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,056 | 1,448.469 |
| Lot Size | 1,344 | 1,326.75 |
| Price | $899.0K | $970.7K |
| Price per sq ft | $851 | $657 |
| Built year | 1972 | 1997 |
| HOA | $430.0 | $424 |
| Days on market | 43 | 43 |
Sep 11, 2026
$899,000
Initial Listing
Apr 14, 2022
$1,180,000
Public Record
Feb 20, 2009
$380,000
Public Record