NOT LISTED FOR SALE

1218 Mesquite Ln Morgan Hill, CA 95037

Estimated Value: $875,000 - $1,230,000

4 Beds
3.5 Baths
2,002 Sq Ft
$513/Sq Ft Est. Value

Last Sold September 12, 2018

Last sale price $830,000 $415 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $6,306/month

16 Days on Market

Highlights

  • View of Hills
  • Soaking Tub in Primary Bathroom
  • End Unit
  • Clubhouse
  • Main Floor Bedroom
  • 4-minute walk to Nordstrom Park

About This Home

As of September 2018

The Milano community is conveniently located directly across from Nordstrom Park, a short walk to Nordstrom Elementary School, and just over 1 mile from all that downtown Morgan Hill has to offer. This open and bright 4 bedroom townhouse sits in a prime location overlooking the community park, gets tons of natural light, and offers views of the foothills from all levels. A bedroom and full bathroom on the first floor is great for guests or an office. The main floor is great for entertaining with its open design, and the chef's kitchen features a large island and pantry. The large master suite features a walk-in closet, and beautiful bath with separate tub and shower. Two car attached garage and a full driveway, and there's plenty of guest parking. Don't miss this home in the Nordstrom Elementary School district, close to shopping and restaurants, and easy freeway access.

Last Agent to Sell the Property

John Fagan

Superior Realty Partners Inc. License #01472149 Listed on: 07/25/2018

Superior Realty Partners Inc.

Last Buyer's Agent

John Fagan

Superior Realty Partners Inc. License #01472149 Listed on: 07/25/2018

Superior Realty Partners Inc.

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2012

Lot Details

  • 1,773 Sq Ft Lot
  • End Unit
  • Grass Covered Lot

HOA Fees

  • $240 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Hills
  • Neighborhood

Home Design

  • Slab Foundation
  • Concrete Roof

Interior Spaces

  • 2,002 Sq Ft Home
  • 3-Story Property
  • Double Pane Windows
  • Family or Dining Combination
  • Laundry Room

Kitchen

  • Open to Family Room
  • Microwave
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • Soaking Tub in Primary Bathroom
  • Oversized Bathtub in Primary Bathroom
  • Walk-in Shower

Additional Features

  • Balcony
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 728-53-035

Community Details

Overview

  • Association fees include insurance - common area, landscaping / gardening, maintenance - common area, management fee, roof
  • 68 Units
  • Maven Management Association
  • Built by Milano

Amenities

  • Clubhouse

Townhouse Details

Home Type

Townhome

Year Built

Built in 2012

Lot Details

0

HOA Fees

$240 per month

Parking

2

Listing Details

  • Subclass: Townhouse
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 68
  • Structure Sq Ft: 2002
  • Complex Name: Milano
  • Year Built: 2012
  • Zoning Description: RPD
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Dining Room: Dining Area in Family Room
  • Kitchen: Countertop - Granite, Garbage Disposal, Island, Microwave, Pantry
  • Living Sq Ft: 2002
  • Stories: 3
  • Bedrooms: Ground Floor Bedroom, Walk-in Closet
  • Laundry: Inside
  • Flooring: Carpet, Laminate, Tile
  • Additional Rooms: Laundry Room
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Full on Ground Floor, Primary - Oversized Tub, Primary - Stall Shower(s)

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Concrete
  • View: Hills, Neighborhood
  • Yard/Grounds: Balcony / Patio, Low Maintenance

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 240
  • HOA Amenities: Club House
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Insurance - Common Area, Landscaping / Gardening, Maintenance - Common Area, Management Fee, Roof
  • H O A Name Text: Maven Management
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Walk-in Closet

Schools

  • High School: 308

Lot Info

  • Parcel Number: 728-53-035
  • Lot Acres: 0.0407
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1772.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1772.00

Green Features

  • Energy Features: Double Pane Windows

Multi Family

  • Utilities: Public Utilities
  • Unit Features: End Unit, Unit Faces Common Area, Tri Level Unit

MLS Schools

  • High School District Text: Morgan Hill Unified
  • Elementary School Text: Nordstrom Elementary
  • High School Text: Live Oak High
  • Middle School Text: Martin Murphy Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2018
Closed on
Sep 4, 2018
Sold by
Nielsen Ryan
Bought by
Jagannathan Pratheep and Thiyagarajan Saranya
Seller's Agent
John Fagan
Superior Realty Partners Inc.
Buyer's Agent
John Fagan
Superior Realty Partners Inc.
List Price
$799,900
Sold Price
$830,000
Premium/Discount to List
$30,100
3.76%
Current Estimated Value
$1,005,824

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,824
Avg. Annual Appreciation
2.96%
Original Mortgage
$664,000
Outstanding Balance
$579,100
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$448,788

Purchase Details

Listed on
Sep 12, 2014
Closed on
Nov 10, 2014
Sold by
Nielsen Erica
Bought by
Nielsen Ryan
Seller's Agent
Tammie Jann
Alain Pinel Realtors
Buyer's Agent
Tammie Jann
Alain Pinel Realtors
List Price
$579,900
Sold Price
$565,000
Premium/Discount to List
-$14,900
-2.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.56%
Original Mortgage
$420,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 14, 2012
Sold by
Kb Home South Bay Inc
Bought by
Colomina Goran Charles and Colomina Goran Sarah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$493,289
Interest Rate
3.5%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jagannathan Pratheep $830,000 Chicago Title Co
Nielsen Ryan -- Chicago Title Company
Nielsen Ryan $565,000 Chicago Title Company
Colomina Goran Charles $502,500 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jagannathan Pratheep $664,000
Previous Owner Nielsen Ryan $420,000
Previous Owner Colomina Goran Charles $493,289
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/12/2018 09/12/18 Sold $830,000 +3.8% $415 / Sq Ft
08/10/2018 08/10/18 Pending -- -- --
07/25/2018 07/25/18 For Sale $799,900 +41.6% $400 / Sq Ft
11/14/2014 11/14/14 Sold $565,000 -2.6% $282 / Sq Ft View Prior Sale
10/18/2014 10/18/14 Pending -- -- --
09/12/2014 09/12/14 For Sale $579,900 -- $290 / 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
2025 $10,304 $925,876 $462,938 $462,938
2024 $10,304 $907,722 $453,861 $453,861
2023 $10,171 $889,924 $444,962 $444,962
2022 $10,000 $872,476 $436,238 $436,238
2021 $9,518 $835,000 $417,500 $417,500
2020 $8,990 $793,000 $396,500 $396,500
2019 $9,864 $830,000 $415,000 $415,000
2018 $7,204 $596,788 $298,394 $298,394
2017 $7,136 $585,088 $292,544 $292,544
2016 $6,679 $573,616 $286,808 $286,808
2015 $6,607 $565,000 $282,500 $282,500
2014 $6,185 $504,668 $252,239 $252,429
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81715731

MLSListings

APN: 728-53-035