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19051 Chicory Lane, Morgan Hill, California 95037, Morgan Hill, 95037 - 4 bed, 3 bath

19051 Chicory Lane, Morgan Hill, California 95037 home-pic-0
ACTIVE$1,100,000
19051 Chicory Lane, Morgan Hill, California 95037
4Beds
3Baths
1,986Sqft
Lot

Price Vs. Estimate

The estimated value ($1,032,635.345) is $67,364.655 (6%) lower than the list price ($1,100,000). This property may be overpriced.

Key pros and cons

Top Pros:
Modern Construction: Built in 2015, this home offers contemporary design and construction standards, likely requiring less immediate maintenance compared to older properties.
Top Cons:
Condominium Ownership: As a condominium, the property comes with an association fee and potential restrictions on exterior modifications or shared common areas, which may not appeal to all buyers seeking full autonomy.

Compared to the nearby listings

Price:$1.10M vs avg $935.5K (+$164,500)93%
Size:1,986 sqft vs avg 1,771 sqft60%
Price/sqft:$554 vs avg $52767%

More Insights

Built in 2015 (10 years old).
Condition: Built in 2015, this property is virtually new and shows no signs of deferred maintenance. The kitchen features modern white shaker cabinets, stainless steel appliances, and a subway tile backsplash. Bathrooms are contemporary with clean finishes. The home boasts elegant flooring throughout, modern light fixtures, and central AC/heating, all contributing to an excellent, move-in ready condition.
Year Built
2015
Close
-
List price
$1.1M
Original List price
$1.19M
Price/Sqft
$554
HOA
$326
Days on market
-
Sold On
-
MLS number
ML82017920
Home ConditionExcellent
Features
View-

About this home

Discover this inviting 4-bedroom, 2.5-bathroom home in the heart of Morgan Hill. With 1,986 sq ft of living space, this residence offers a seamless blend of comfort and style. The heart of the home is the kitchen, featuring a convenient family room combo that promotes easy interaction. Delight in the elegant flooring throughout the house, creating a warm and welcoming atmosphere. Enjoy cozy evenings by the fireplace, perfect for relaxation. The property is equipped with central AC and central forced air heating, ensuring comfort year-round. A separate dining area provides a space for family gatherings and special occasions. The home includes a practical laundry area and offers ample storage with a 2-car garage. Situated within the Morgan Hill Unified School District, this home is a great choice for those seeking educational opportunities in the area. Don't miss the chance to make this Morgan Hill gem your own.

Condition Rating
Excellent
Built in 2015, this property is virtually new and shows no signs of deferred maintenance. The kitchen features modern white shaker cabinets, stainless steel appliances, and a subway tile backsplash. Bathrooms are contemporary with clean finishes. The home boasts elegant flooring throughout, modern light fixtures, and central AC/heating, all contributing to an excellent, move-in ready condition.
Pros & Cons

Pros

Modern Construction: Built in 2015, this home offers contemporary design and construction standards, likely requiring less immediate maintenance compared to older properties.
Comprehensive Climate Control: Equipped with central AC and central forced air heating, ensuring comfortable living conditions throughout the year.
Functional & Family-Friendly Layout: The kitchen/family room combo and separate dining area provide versatile spaces ideal for daily living and entertaining, catering to modern family needs.
Desirable School District: Located within the Morgan Hill Unified School District, a significant advantage for families prioritizing educational opportunities.
Practical Amenities: Includes a 2-car garage, dedicated laundry area, and ample storage, enhancing convenience and functionality for residents.

Cons

Condominium Ownership: As a condominium, the property comes with an association fee and potential restrictions on exterior modifications or shared common areas, which may not appeal to all buyers seeking full autonomy.
Recurring Association Fee: A monthly association fee of $326.0 adds a significant recurring cost to homeownership, impacting overall affordability.
Overpriced Relative to Estimate & Price Reductions: The current list price is 6% higher than the estimated value, and the property has undergone multiple price reductions, suggesting it may be perceived as overpriced by the market.

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