Merrivale West is a very popular community of 248 townhouses, built by Ditz-Crane in beginning in 1972, in the “West San Jose” area offering beautiful grounds & homes as well as a fantastic commute location and low HOA dues (homeowner association fees).
Where is Merrivale West?
This complex is found near the intersection of San Tomas Expressway and Payne Avenue in the 95117 area of San Jose. The main road running through the neighborhood is Millich, but there are a number of smaller streets with the designation of “square” too (Merrivale Square, for instance). From this location, it’s a quick jaunt to Santana Row (just 2 miles!) or to downtown Campbell. It’s easy freeway access too. The location is one of the main reasons for the popularity of this area.
View Merrivale West San Jose Townhouse Community in a larger map
What does it cost to buy a townhouse in Merrivale West?
Homes vary in size and precise location as well as interior condition. Properties are selling from about $600,000 to the a high of a $900,000 to $1 million, as of mid 2020. Larger homes, such as the 1292 sf model (2 bed/2.5 bath) generally sell at the higher end of the price spectrum. Overall, though, selection tends to be slim: homes here sell fast, and the perpetual desirability of the neighborhood helps to keep values up.
How much are the monthly HOA fees at Merrivale West? Who manages this complex?
The monthly home owner association fees are based on the square footage of the townhouse. Larger units pay more, smaller units pay less., but the range is all in the low to mid $200’s. What is amazing is that this is not a stripped down community – there is a pool and clubhouse to enjoy, the landscaping is gorgeous, the private roads and parking areas are in good repair and the units are nicely painted. It’s a bargain! (The management company, by the way, is Compass Management in San Jose – not affiliated with the brokerage of a similar name.)
Is Merrivale West a Planned Development or Condo?
Many of the homes for sale offered within Merrivale West are advertised by the listing agents/ owners as Townhouses held in Condo Ownership. This is not accurate. This properties are Townhouses (the architectural style) owned as Planned Developments (also known as Planned Unit Developments). How can you tell? You read the Preliminary Title Report and the CCRs.
Related reading on this topic (on this site):
What Is the Difference Between CID Ownership in a Condo, Townhouse or PUD?
Merrivale West Homes for Sale
Below is a list of townhouses for sale in, pending, and closed over the last 24 months and near Merrivale West. The height of the market was in approximately May 2018, and prices fell a bit after that, but then rose again. With inventory very restricted due to the current pandemic, and first time home buyers entering the market faster than listings are coming on, prices may reach back to the peak of pricing before long.
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(all data current as of 7/16/2020)
Listing information deemed reliable but not guaranteed. Read full disclaimer.
To learn more or to begin your home buying or home selling project, please contact me today! mary (at) popehandy.com or 408 204-7673.