239 Jarvis, Morgan Hill, California 95037, Morgan Hill, 95037 - 3 bed, 3 bath
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Morgan Hill, California 95037
This Modern End-Unit Townhouse represents a High-Potential Investment Opportunity for eligible participants, with a List Price of $672,200—positioned well below the $834,582 Fair Market Value by 19%. This valuation gap provides $162,382 in Instant Equity through the Morgan Hill BMR Program, which includes a $100,000 deferred DPA loan. Built in 2008, the property maintains a Good Condition Rating and features a spacious 1,680 sq. ft. layout with a community pool and proximity to Ann Sobrato High School. This is a premier entry point for income-qualified first-time buyers and Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 239 Jarvis Subject | $672,200* List Price | 3 | 3 | 1,680 | $497 | - |
A 18424 Jade Lane Sold | $860,000 | 3 | 3 | 1,680 | $512 | 0.1 mi |
B 217 Del Monte Lane Sold | $650,000 | 2 | 2 | 1,365 | $476 | 0.7 mi |
C 165 Del Monte Lane Active Under Contract | $657,000 List Price | 2 | 2 | 1,365 | $481 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2008, this property falls within the 10-20 year age range for a 'good' rating. It is move-in ready and appears well-maintained with no immediate renovations required. While the kitchen features original oak cabinetry and white tile countertops that are somewhat dated, the appliances are functional (including an updated stainless steel refrigerator), and the overall interior, including carpets and paint, shows minimal wear and tear.
Offered through the Below Market Rate (BMR) program, this property includes a $100,000 deferred down payment assistance loan, providing a rare entry point into the Morgan Hill market.
Built in 2008, this spacious 1,680 sq. ft. end-unit townhouse offers more privacy and natural light than interior units, featuring a functional 3-bedroom floor plan and a 2-car garage.
The highly desirable community provides residents with excellent lifestyle amenities, including a swimming pool, clubhouse, and playground, which are well-maintained and add significant utility.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1680, other record living area = 1633.
The property is subject to a 45-year resale restriction with the City of Morgan Hill, which significantly limits the owner's ability to realize market-rate appreciation or equity growth.
Prospective buyers must navigate complex BMR guidelines, including strict household income caps and first-time homebuyer status, which limits the pool of eligible applicants.
This is a golden opportunity to own a beautifully maintained end-unit townhouse featuring 3 bedrooms, 2.5 bathrooms, a 2-car garage, and approximately 1,680 sq. ft. of living space. Located in a highly desirable community in Morgan Hill, residents can enjoy amenities including a pool, playground, clubhouse, and more. This property is part of the Below Market Rate (BMR) Program and is subject to a 45-year resale restriction with the City of Morgan Hill. Maximum household income limits are as follows: 1 person $164,000 - 2 people $187,400 - 3 people $210,850 - 4 people $234,250 - 5 people $253,000. The program includes a $100,000 deferred down payment assistance loan (DPA). Applicants must be first-time homebuyers, meet income eligibility requirements, and qualify under the program guidelines. Buyers are strongly encouraged to review program qualifications and requirements prior to beginning the application process.
No exterior & parking available.
Grades K-5 • 1.3 mi
Grades 6-8 • 8.1 mi
Grades 9-12 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 52% |
| Square foot | 1,680 | 1,680 | 50% |
| Lot Size | - | - | 50% |
| Price | $672.2K | $907.9K | 29% |
| Price per sq ft | $400 | $515 | 5% |
| Built year | 2008 | 2024 | 33% |
| HOA | $460.0 | $413 | 76% |
| Days on market | 41 | 205 | 5% |
Mar 12, 2026
$672,200
Initial Listing
Jun 13, 2012
$353,000
Public Record