1510 Welburn Avenue, Gilroy, California 95020, Gilroy, 95020 - 3 bed, 2 bath
1510 Welburn Avenue
Gilroy, California 95020
Property Price
SUMMARY
Analysis of 1510 Welburn Avenue, Gilroy, California 95020 reveals a property with a current list price of $1,495,000, which is 13% above the estimated $1,313,591 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Gilroy 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1510 Welburn Avenue Subject | $1,495,000* List Price | 3 | 2 | 2,371 | $554 | - |
A 1403 Welburn Avenue Sold | $1,425,000 | 4 | 3 | 3,065 | $465 | 0.2 mi |
B 1796 Colony Way Sold | $1,490,000 | 4 | 3 | 2,752 | $541 | 0.4 mi |
C 1610 Calabrese Way Active | $1,299,000 List Price | 3 | 2 | 2,226 | $584 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is in move-in ready condition with significant recent interior updates. Built in 1983, the home has been modernized with renovated bathrooms featuring contemporary tile and fixtures, updated flooring, and extensive recessed lighting. The kitchen is spacious and functional with stainless steel appliances and updated countertops. While the structure is over 40 years old, the well-maintained systems, including a 240-volt EV outlet and water softener, along with the refreshed interior aesthetics, align with the 'good' condition criteria.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 22215, living area = 2371.
- Modern Interior Renovations
The home features recently updated bedrooms and bathrooms with contemporary finishes and extensive recessed lighting, offering a bright, move-in-ready aesthetic.
- Expansive Lot & ADU Potential
Situated on a generous 0.51-acre lot, the property provides significant privacy and ample space for outdoor living or the potential addition of an Accessory Dwelling Unit (ADU).
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =22215, other record lot size in square feet = 20600.
- Recently Sold Property
The property was recently sold within the past year on 2025-03-07. The sold price is $1,250,000.00.
- Regulatory Verification Required
The potential for additional structures like an ADU is not guaranteed and requires formal verification with the City of Gilroy, which may delay or limit development plans.
About 1510 Welburn Avenue
Welcome to 1510 Welburn Ave, located in a peaceful and private area of Gilroy. This property offers a blend of modern updates, comfort, and functional living spaces. The home features renovated bedrooms and bathrooms with contemporary finishes and a bright, open feel. Recessed lighting has been installed throughout much of the home, enhancing the overall ambiance. Additional lighting has also been added in the basement and attic areas to provide improved visibility and access for storage and maintenance. The spacious kitchen offers a layout designed for both daily living and entertaining, with ample natural light and a comfortable flow into the main living areas. Various improvements have been made to the property over time, contributing to its overall functionality and upkeep. The property also includes a water softener system for added convenience. Situated on approximately a 0.51-acre lot, may explore possibilities such as creating a patio or other outdoor features. Potential for additional structures such as an ADU should be verified with the City of Gilroy. The home is equipped with a 240-volt outlet suitable for EV charging. The property offers a balance of privacy while remaining within close proximity to schools, shopping, and commuter routes.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1983
- Lot Size
- 22,215 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $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 | 24% |
| Baths | 2.0 | 3.0 | 29% |
| Square foot | 2,371 | 2,298 | 52% |
| Lot Size | 22,215 | 6,851 | 85% |
| Price | $1.50M | $1.14M | 78% |
| Price per sq ft | $631 | $518 | 85% |
| Built year | 1983 | 1998 | 35% |
| HOA | $0 | $0 | 50% |
| Days on market | 3 | 173 | 1% |
Pricing History
Listed for Sale
Mar 4, 2026
$1,495,000
Initial Listing
Sold
Mar 7, 2025
$1,250,000
Public Record
Sold
Aug 7, 2024
$1,150,000
Public Record