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17074 Depot St
Score
80
Morgan Hill, CA

17074 Depot St

1.1M
3 bd • 3 ba • 2,202 sf

This analysis was generated on 4/13/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

AI Property Analysis

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Property Overview

List Price
$1,060,935
-21%vs 95037
Price/Sq.Ft
$482
-22%vs 95037
Above Fair Value
0.1% above range

Current Price

$1,060,935

Fair Range

$1,030,000 - $1,060,000

$1,060,935
Below Market-20%
Above Market+20%

Negotiation Leverage

3 points to consider in your offer

Recommended Offer

$1,040,000
Success Probability:High(75%)

AI Rationale

The offer is below the current list price, considering the market's cooling trend and the seller's motivation. It balances necessary minor repairs and market conditions.

Overall Score
80
88
Home Condition
75
Natural Light
84
Value
68
Location

Visual Insights

AI-analyzed spaces with reimagining capabilities

Living Room Natural Light
Living Room Natural Light

Living Room Natural Light

The living room, while spacious, appears to rely heavily on artificial lighting. The natural light score may be lower than expected.

Renovation Assessment

Prioritized renovations based on property inspection and market impact.

High Priority Renovations

$0

No required renovations identified

Note: these are rough estimates. For more accurate estimates, please contact a professional.

Pricing History

Historical pricing trends for this property

Monthly Costs

Interactive breakdown of estimated monthly expenses

Monthly Cost
$0123456789012345678901234567890123456789
$1,060,935
-30%List: $1,060,935+30%
20%
$212,187of $1,060,935
7%
1%15%
* Estimates based on a 30-year fixed mortgage. Property tax rate: 1.2%, Home insurance: $4,456/year, HOA: $359/month

Upfront Transaction Costs

Estimated costs due at closing, including down payment and fees

Total Due at Closing
$282,578
Closing Costs
+$70,391
Down Payment
$212,187
Buyer Agent Fee
$27,054
Loan Fees
$8,487
Title & Escrow
$6,366
Inspections
$900
Transfer Tax
$11,670
Prepaid Expenses
$15,914

* Estimated costs based on typical rates. Actual costs may vary by location, lender, and transaction details.

** Buyer agent fees are negotiable and may sometimes be covered by the seller.

Buyer Power Index

5
/10
Limited Buyer Power
Market Speed
88 days
vs 24 day average
This home has been listed for 88 days, while homes in this area typically sell in 24 days
Inventory Health
77
homes for sale
34 homes sold last month, indicating 2.3x more supply than demand
Price Dynamics
102.1%
of asking price
Homes typically sell for 2.1% above asking price

Price Trajectory

$1,267,500
Current median price
-9.1%
Year over year
Cooling
Heating
Market favors buyers
Market favors sellers
Market Is stable
Prices are down 1.2% over the last 3 months
3 Months
-1.2%
6 Months
-2.5%
1 Year
-9.1%

Historical Market Pulse

Key metrics over time, revealing market momentum and patterns

Negotiation Insight

Days on market increasing 123.7% over the past 3 months suggests growing buyer leverage.

Historical Comparison
Current Value
$1,267,500
3 Months Ago
$900,000
+40.8%
Subject Property
Comparable Sales
View on Zillow

Subject Property

Price
$1,060,935
Price/sqft
$482
Layout
3 bd3 ba
Days on market
88 daysat time of analysis

Stats in the Area

Based on 6 comparable properties nearby

Average Price

$1,499,467

29.2%

Your price is 29.2% below average

Median Price

$1,470,000

27.8%

Based on 6 recent sales

Price per Sq.Ft

$705

31.7%

Your price is 31.7% below average $/sqft

Comparable Properties

17398 Serene Drive, Morgan Hill, CA 95037
Price: $1,775,000
Sq.Ft: 2,514
Beds/Baths: 4/3
$/Sq.Ft:
$70646.5%
Sale Date: 3/13/2025
337 Calle Cerro, Morgan Hill, CA 95037
Price: $1,655,000
Sq.Ft: 2,470
Beds/Baths: 4/3
$/Sq.Ft:
$67039.1%
Sale Date: 2/24/2025
905 Diana Avenue, Morgan Hill, CA 95037
Price: $1,411,800
Sq.Ft: 2,070
Beds/Baths: 3/3
$/Sq.Ft:
$68241.6%
Sale Date: 1/31/2025
17882 Calle Tierra, Morgan Hill, CA 95037
Price: $1,465,000
Sq.Ft: 1,975
Beds/Baths: 3/3
$/Sq.Ft:
$74254.0%
Sale Date: 2/10/2025
356 Calle Cerro, Morgan Hill, CA 95037
Price: $1,220,000
Sq.Ft: 1,777
Beds/Baths: 3/3
$/Sq.Ft:
$68742.5%
Sale Date: 2/25/2025
842 Claremont Court, Morgan Hill, CA 95037
Price: $1,470,000
Sq.Ft: 1,971
Beds/Baths: 4/3
$/Sq.Ft:
$74654.8%
Sale Date: 1/7/2025

Schools

Details about nearby schools in this area

Climate Risks

Assessment of climate-related hazards for this property

Moderate Risk Profile

This property has 0 severe, 0 major, and 2 moderate risk factors

Climate risk data is based on historical patterns and projections. Consider consulting with insurance providers and local experts for property-specific assessments.

Safety Analysis

66/100
Good

Based on data from Los Gatos Police Department

Total Crime Rate
731.5
per 100,000 residents
Violent Crime Rate
163.5
per 100,000 residents
Property Crime Rate
566.0
per 100,000 residents

Crime Rate Comparison

Recent Crime Trends

2022
Violent Crimes
163
Property Crimes
588
2023
Violent Crimes
164
0.6%
Property Crimes
548
6.8%

Sunlight Analysis

Data provided by Shadowmap

Loading sunlight data...

Tour Checklist

Key items to inspect during your property tour

Operate the elevator multiple times, checking for smooth operation, unusual noises, and proper leveling at each floor. Also, inquire about the maintenance schedule and warranty.

Operate the gas cooktop to ensure all burners ignite properly and check for any gas leaks.

Questions to Ask

Important questions to ask during the tour

What is the warranty coverage for the new construction, including structural, appliance, and system warranties? Can I review the warranty documents?

Why has the price been reduced multiple times over the past few months? Are there any known issues with the property that are contributing to the price adjustments?

Showing critical items first. Click any item to see why it's important. Red icons indicate highest priority items that should not be missed.

Property Discussion

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