Ranch home in Morgan Hill, CA
This Ranch home in Morgan Hill, CA offers 2 bedrooms and 1 bathroom across 1,148 square feet. Its Ranch character defines the property's look.
| Price | $765,000 |
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| Beds | 2 |
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| Baths | 1 |
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| Sqft | 1148 |
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| Architectural style | Ranch (60% match) |
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| Address | 16983 Sugar Pine Dr |
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Why buy this home
- Confirmed Ranch architecture, matched from the listing photos by Enzo's vision model.
- Includes a real agent video tour.
- Links directly to the original source listing on Tenacityrealtors.
Is this a good buy?
Priced below comparable homes.
- At $765K, this home is 49% below the $1.5M median for 1211 similar Ranch homes in San Jose, CA.
- That works out to $666 per square foot, 33% below the $993 comparable rate.
| This home | $765,000 |
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| Ranch median in San Jose, CA | $1,498,000 (1211 homes) |
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| Price per sq ft | $666 vs. $993 comps median |
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It is well below comparable homes, which can mean condition issues, a smaller lot or living area, a leasehold, or a data quirk. Check the source listing before getting excited. Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $5,239/month with 20% down at a 7.28% 30-year fixed rate. You would need about $224,539 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $4,187/mo |
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| Property tax (new-buyer reassessed rate) | $765/mo |
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| Homeowners insurance | $287/mo |
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| Total monthly | $5,239/mo |
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| Down payment (20%) | $153,000 |
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| Income needed | $224,539/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home B (72 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | B (72/100) |
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| Beats renting in | 28% of modeled paths |
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| Modeled 5-yr equity (median) | $444,557 |
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| Range (10th to 90th pct) | $285,671 to $641,375 |
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A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward Minneapolis, MN where local data is thin.
Local home values
Typical home values in San Jose, CA have risen about 18% over the past 5 years (+0% in the last year), per the Zillow Home Value Index. This reflects the metro market, not this specific home.
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