1501 Welburn Avenue

Property is in a remodel stage since February '23. Bids to complete in July '23 before damages $151,000. Buyer is advised to only rely upon expert advice and research from the City of Gilroy and their own legal counsel. If it sounds too good to be true then it probably is not true. Permits for current unfinished remodeling work have not been pulled and will most probably require attention with the City of Gilroy. The property is being sold As Is. No sign. No lockbox. No power. No water. Damaged well pressure pump may exist. Access road requires some pavement repairs. Many decks to offset that there is no level or usable rear yard. Possibility for some level yard with installation of retaining walls and importing of soil or tractor work. The home requires a new kitchen, replacement of damaged cabinets, broken granite counters, missing appliances, missing electrical panel, missing thermostats, soft water unit, sprinkler control box, burned hardwood floors, etc. Repairs needed in major rooms i.e. exterior wall(s),unfinished primary bedrooms, bathrooms, half bath, stair treads, posts & rails, laundry room, damaged or full rooms of incomplete flooring, well pump replacement, irrigation box on site but pulled and non-op at this time. Possible opportunity for contractor or flip.

Days on Market

15 days

Current Status

Canceled

Original Price

$1,599,000

List Price

$1,599,000

On Market Date

Feb 12, 2024

Property Type

Single Family Home

Area

1 - Morgan Hill / Gilroy / San Martin

Zip Code

95020

MLS ID

ML81953963

APN

783-23-066

Year Built

1988

Stories in Building

2

Possession

COE

Data Source

MLSL

Origin MLS System

MLSListings, Inc.

Bed

4

Bath

4 (3/1)

Double Sinks, Dual Flush Toilet, Full on Ground Floor, Half on Ground Floor, Primary - Oversized Tub, Primary - Tub with Jets, Shower and Tub, Stall Shower - 2+, Steam Shower, Stone

Parking

7

Electric Gate, Golf Cart, Parking Area

SQ FT

3,461

SQ FT Source

Unavailable

Lot SQ FT

24,829.0

Lot Acres

0.569995 Acres

Kitchen

220 Volt Outlet, Countertop - Stone, Dishwasher, Exhaust Fan, Hood Over Range, Oven - Self Cleaning, Oven Range - Built-In, Pantry, Refrigerator

Cooling

Ceiling Fan, Central AC

Dining Room

Dining Area, Eat in Kitchen, Formal Dining Room

Disclosures

Natural Hazard Disclosure, NHDS Report

Family Room

Separate Family Room

Flooring

Hardwood, Tile

Foundation

Concrete Perimeter and Slab

Fire Place

Family Room, Gas Log, Gas Starter

Heating

Central Forced Air, Central Forced Air - Gas, Forced Air, Heating - 2+ Zones, Individual Room Controls, Radiant

Laundry

In Utility Room, Inside, Washer / Dryer

Views

City Lights, Mountains, Neighborhood, Orchard, Valley

Possession

COE

Architectural Style

Contemporary

Fee

Unavailable

MLS and other Information regarding properties for sale as shown in Theo have been obtained from various sources such as sellers, public records, agents and other third parties. This information may relate to the condition of the property, permitted or unpermitted uses, zoning, square footage, lot size/acreage or other matters affecting value or desirability. Unless otherwise indicated in writing, neither brokers, agents nor Theo have verified, or will verify, such information. If any such information is important to buyer in determining whether to buy, the price to pay or intended use of the property, buyer is urged to conduct their own investigation with qualified professionals, satisfy themselves with respect to that information, and to rely solely on the results of that investigation.

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.