736 Pomeroy Avenue, California, Santa Clara, 95051 - 5 bed, 3 bath
736 Pomeroy Avenue
California
Property Price
SUMMARY
Analysis of 736 Pomeroy Avenue, California reveals a Fairly Priced Property with a current list price of $1,999,888 aligned with the estimated $1,999,888 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the California Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 736 Pomeroy Avenue Subject | $1,999,888* List Price | 5 | 3 | 2,116 | $945 | - |
A 534 Flannery Street Sold | $2,000,000 | 4 | 2 | 1,687 | $1,186 | 0.4 mi |
B 3282 Loma Alta Drive Sold | $2,025,000 | 4 | 2 | 1,700 | $1,191 | 0.5 mi |
C 2854 Regnart Way Active Under Contract | $2,175,000 List Price | 6 | 4 | 2,581 | $843 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
The property was built in 1961, making it 63 years old. Without any provided images or explicit information regarding recent major renovations (especially within the last 30-50 years), it is highly probable that the kitchen, bathrooms, and other major systems are significantly outdated and require substantial repairs or rehabilitation to meet current standards. While the list price is high, this is likely due to land value in Santa Clara. Based solely on the age and the absence of visual evidence of updates, the property's condition is assessed as 'poor', indicating a need for significant investment to modernize and address potential deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Silicon Valley Location
Situated in Santa Clara, a highly desirable and economically robust area within Silicon Valley, offering excellent access to tech hubs, amenities, and a strong job market.
- Spacious Layout
Features 5 bedrooms and 3 bathrooms, providing ample living space and flexibility for larger families, home offices, or guest accommodations.
- Generous Lot Size
A 6,606 sqft lot offers significant outdoor space for landscaping, potential expansion, or recreational activities.
CONSRISKS & DEFICIENCIES
- Extended Time on Market
The property has been active since March 2022 without a price change, suggesting potential overpricing or a lack of perceived value by the market.
- Age of Construction
Built in 1961, the home may require significant updates to its systems (e.g., electrical, plumbing, HVAC) and interior finishes to meet modern buyer expectations.
- High Price Point
Listed at nearly $2 million, this price point, while reflective of the market, narrows the pool of eligible buyers and may require a specific financial profile.
About 736 Pomeroy Avenue
Open house Saturday & Sunday 3-12 & 13-2022 1pm-4pm First Showing with Realtor 3-9-2022
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1961
- Lot Size
- 6,606 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 3 (3 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 | 5.0 | 3.0 | 85% |
| Baths | 3.0 | 2.0 | 69% |
| Square foot | 2,116 | 1,601.5 | 77% |
| Lot Size | 6,606 | 6,000 | 58% |
| Price | $2.00M | $2.15M | 35% |
| Price per sq ft | $945 | $1.4K | 13% |
| Built year | 1961 | 1958 | 65% |
| HOA | $0 | $0 | 50% |
| Days on market | 1463 | 136 | 0% |
Pricing History
Listed for Sale
Mar 5, 2022
$1,999,888
Initial Listing