NOT LISTED FOR SALE

1145 Jasmine Way Morgan Hill, CA 95037

Estimated Value: $1,221,000 - $1,628,000

4 Beds
2.5 Baths
1,936 Sq Ft
$706/Sq Ft Est. Value

Last Sold August 22, 2019

Last sale price $845,000 $436 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $8,654/month

6 Days on Market

Highlights

  • Wood Flooring
  • Granite Countertops
  • Walk-In Closet
  • Nordstrom Elementary School Rated A-
  • Neighborhood Views
  • Bathtub with Shower

About This Home

As of August 2019

Location Location!! Live in a Million Dollar+ neighborhood without the price tag! Beautiful home located in the most coveted neighborhood in Morgan Hill. 7 years young Sherimar Ranch is a quiet & serene neighborhood with a great community park & walking distance to top rated Nordstrom Elementary. Sitting on a generous corner lot, flooded w/ natural light, views of oak studded hills & local vineyard. Spacious open floor plan, from living to kitchen to outdoor spaces is great for entertaining & BBQs. Private, fenced in low maintenance yard perfect for pets & kids. Kitchen enjoys granite counters, gas range, stainless appliances & pantry. Energy efficient double pane windows, dual climate zone temp, A/C, gorgeous wood shutters & energy efficient lighting. Walk to winery, near community park & Anderson Lake, close to downtown entertainment & shopping! Great commute location with easy access to Hwy 101, rail & tech co commuter buses. Well maintained move in ready priced to sell!

Last Agent to Sell the Property

Rick Smith

Robert Smith, Broker License #01431920 Listed on: 07/18/2019

Last Buyer's Agent

Susan Fernandes Schaub

Redfin License #01350696

Redfin

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,408

Year Built

  • Built in 2012

Lot Details

  • 5,227 Sq Ft Lot
  • Wood Fence
  • Back Yard Fenced
  • Zoning described as R1

HOA Fees

  • $85 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,936 Sq Ft Home
  • 2-Story Property
  • Combination Dining and Living Room
  • Neighborhood Views

Kitchen

  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Washer and Dryer

Utilities

  • Forced Air Zoned Heating and Cooling System

Community Details

  • Association fees include common area electricity, maintenance - common area, recreation facility
  • Sherimar Ranch Association

Listing and Financial Details

  • Assessor Parcel Number 728-19-027

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,408

Year Built

Built in 2012

Lot Details

0

HOA Fees

$85 per month

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 7
  • Listing Class: Residential
  • Structure Sq Ft: 1936
  • Year Built: 2012
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area in Living Room
  • Kitchen: Countertop - Granite, Dishwasher, Garbage Disposal, Microwave, Oven Range - Built-In, Gas, Pantry
  • Living Sq Ft: 1936
  • Stories: 2
  • Bedrooms: Walk-in Closet
  • Laundry: Inside, Washer / Dryer
  • Flooring: Carpet, Laminate, Wood
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Shower over Tub - 1, Tub in Primary Bedroom

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Concrete, Tile
  • View: Neighborhood
  • Fencing: Fenced Back, Wood

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 3
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Central AC, Multi-Zone
  • Heating System: Forced Air, Heating - 2+ Zones
  • Sewer/Septic System: Sewer Connected

Condo/Co-op/Association

  • HOA Fees: 85
  • HOA Documents: Articles of Incorporation, Budget, CC&RS, Financial Statement, Reserve Study, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Maintenance - Common Area, Recreation Facility
  • H O A Name Text: Sherimar Ranch
  • H O A Exist: Yes

Schools

  • School District: Morgan Hill Unified
  • Elementary School: Nordstrom Elementary
  • Elementary School: 301

Lot Info

  • Parcel Number: 728-19-027
  • Lot Acres: 0.1200
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5227.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5227.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Morgan Hill Unified
  • Elementary School Text: Nordstrom Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2019
Closed on
Aug 16, 2019
Sold by
Olivarez Gabriella and Olivarez Jose
Bought by
Gowrisankaran Muralidharan and Muralidharan Bharathi
Seller's Agent
Rick Smith
Robert Smith, Broker
Buyer's Agent
Susan Fernandes Schaub
Redfin
List Price
$849,900
Sold Price
$845,000
Premium/Discount to List
-$4,900
-0.58%
Current Estimated Value
$1,406,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$561,740
Avg. Annual Appreciation
8.03%
Original Mortgage
$676,000
Outstanding Balance
$591,594
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$749,474

Purchase Details

Listed on
Jan 26, 2016
Closed on
Feb 18, 2016
Sold by
Gastelum Alberto J and Gastelum7 Jennifer C
Bought by
Olivarez Gabriella and Olivarez Jose
Seller's Agent
Maria Bautista
Keller Williams San Jose Gateway
Buyer's Agent
RECIP
Out of Area Office
List Price
$675
Sold Price
$730,000
Premium/Discount to List
$729,325
108048.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.29%
Original Mortgage
$631,358
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 7, 2012
Sold by
Kb Home South Bay Inc
Bought by
Gastelum Alberto J and Gastelum Jennifer C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$502,726
Interest Rate
3.75%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gowrisankaran Muralidharan $845,000 Stewart Title Of Ca Inc
Olivarez Gabriella $730,000 First American Title Company
Gastelum Alberto J $512,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gowrisankaran Muralidharan $676,000
Previous Owner Olivarez Gabriella $631,358
Previous Owner Gastelum Alberto J $486,000
Previous Owner Gastelum Alberto J $502,726
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2019 08/22/19 Sold $845,000 -0.6% $436 / Sq Ft
07/25/2019 07/25/19 Pending -- -- --
07/18/2019 07/18/19 For Sale $849,900 +16.4% $439 / Sq Ft
02/29/2016 02/29/16 Sold $730,000 +108048.1% $414 / Sq Ft
01/29/2016 01/29/16 Pending -- -- --
01/26/2016 01/26/16 For Sale $675 -- $0 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $10,408 $906,007 $407,649 $498,358
2023 $10,274 $888,243 $399,656 $488,587
2022 $10,102 $870,827 $391,820 $479,007
2021 $9,849 $853,753 $384,138 $469,615
2020 $9,611 $845,000 $380,200 $464,800
2019 $9,171 $774,680 $348,606 $426,074
2018 $9,197 $759,491 $341,771 $417,720
2017 $9,110 $744,600 $335,070 $409,530
2016 $6,238 $532,597 $303,747 $228,850
2015 $6,170 $524,598 $299,185 $225,413
2014 $6,250 $514,323 $293,325 $220,998
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81761225

MLSListings

APN: 728-19-027