1501 Cherry Street Unit 107, San Carlos, California 94070, San Carlos, 94070 - 1 bed, 1 bath
1501 Cherry Street Unit 107
San Carlos, California 94070
Property Price
SUMMARY
Analysis of 1501 Cherry Street Unit 107, San Carlos, California 94070 is currently available with a list price of $995,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the San Carlos 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 new construction or fully renovated.
This property was newly constructed in 2020, making it only 4 years old. The description highlights 'Top of the line appliances, Pedini Italian custom cabinetry, LED lighting and smart sensors,' and a 'steel frame structure,' indicating high-quality, modern components. The images confirm a pristine, contemporary aesthetic with light hardwood floors, sleek kitchen design with stainless steel appliances, and modern, clean bathrooms with updated fixtures and tiling. There is no visible wear and tear or deferred maintenance, aligning perfectly with the 'Excellent' condition criteria for a recently built property with virtually new components.
PROSSTRENGTHS & OPPORTUNITIES
- New Construction & Contemporary Design
Built in 2020, this unit boasts modern design, open floor plans, and high-end designer finishes, appealing to contemporary tastes.
- Advanced Smart Home & Sustainable Features
Equipped with smart home technology, energy-efficient systems, LED lighting with smart sensors, enterprise-grade WiFi, and EV charging, promoting a modern and eco-conscious lifestyle.
- Exceptional Structural Durability
Constructed with a steel frame, providing superior resistance to fire, moisture, pests, and earthquakes, ensuring long-term safety and reduced maintenance concerns.
CONSRISKS & DEFICIENCIES
- High Price Point for Size
The list price of $995,000 for a 749 sqft, 1-bedroom unit is at the higher end of the market, potentially limiting affordability for some buyers.
- Substantial Monthly HOA Dues
The $493 monthly association fee adds a significant recurring cost to homeownership, which could be a deterrent for budget-conscious buyers.
- Limited Living Space
As a 1-bedroom, 1-bathroom unit, its compact 749 sqft footprint may not accommodate buyers seeking more expansive living areas or additional bedrooms.
About 1501 Cherry Street Unit 107
Newly constructed in San Carlos, 1501 Cherry St. is a tribute to seamless sustainability, modern design and smart home technology. With a plethora of shopping and dining options including museums, a brewery, and a winery. 1501 Cherry St. is architected with exceptional living in mind with bright, airy open floor plans, private balconies and high-end designer finishes. Not only does this home support an energy-efficient and healthier standard of living, but also offers Top of the line appliances, Pedini Italian custom cabinetry, LED lighting and smart sensors to provide optimal lighting, temp/humidity sensors throughout, private enterprise-grade wifi access points, EV charging stations, and a steel frame structure that provides fire, moisture, pest and earthquake resistance. If youre looking for an exceptional community that delivers sustainable modern living 1501 Cherry St. is the home for you!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2020
- Lot Size
- -
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $493.0 / Month
Neighborhood Insights
San Carlos Unified Schools
Central Middle School
Grades 6-8 • 0.1 mi
Sequoia High School
Grades 9-12 • 1.8 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 15% |
| Baths | 1.0 | 2.0 | 23% |
| Square foot | 749 | 1,216 | 15% |
| Lot Size | - | - | 50% |
| Price | $995.0K | $1.26M | 46% |
| Price per sq ft | $1.3K | $817 | 92% |
| Built year | 2020 | 1974 | 77% |
| HOA | $493.0 | $720 | 23% |
| Days on market | 1947 | 193 | 0% |
Pricing History
Listed for Sale
Nov 6, 2020
$995,000
Initial Listing