NOT LISTED FOR SALE

12840 Stevens Ct San Martin, CA 95046

Estimated Value: $1,611,000 - $2,260,000

4 Beds
2.5 Baths
3,101 Sq Ft
$625/Sq Ft Est. Value

Last Sold May 01, 2019

Last sale price $1,271,828 $410 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $11,465/month

54 Days on Market

Highlights

  • 2.47 Acre Lot
  • Pond
  • 3 Fireplaces
  • Mountain View
  • Wood Flooring
  • High Ceiling

About This Home

As of May 2019

This desirable west side location at the end of a long cul-de-sac is a must see! Near the hills and miles of hiking trails yet close to downtown Morgan Hill, Cal Train and the Gilroy Outlets. Yet close enough to Silicon Valley to easily commute to Google, Apple, IBM. All flat usable land and the house sits forward on the lot to maximize space for the endless possibilities......vineyard, livestock, horses, orchards, tennis courts, farming......you have space to create it all! Home is equipped with solar on a pre-paid lease annual electrical cost are almost zero. Well water is also cost effect currently around 500.00 annually. This home boasts abundant natural light, an open floor plan, large rooms including a huge master suite with an attached sunroom, fireplace, huge walk in closet and soaking tub with adjacent fireplace. Shown by appointment only, no open houses.

Last Agent to Sell the Property

Cindy Simon

Corcoran Icon Properties License #01119868 Listed on: 01/25/2019

Corcoran Icon Properties

Co-Listed By

Melissa Simon

Corcoran Icon Properties License #01893314

Last Buyer's Agent

Robert Chen

Well Com, Inc. License #01309535

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,912

Year Built

  • Built in 1978

Lot Details

  • 2.47 Acre Lot
  • Level Lot
  • Zoning described as RR-5A

Parking

  • 2 Car Attached Garage

Home Design

  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,101 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Skylights
  • 3 Fireplaces
  • Gas Fireplace
  • Dining Room
  • Mountain Views

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Propane
  • Water Treatment System
  • Water Storage
  • Shared Well
  • Tankless Water Heater
  • Septic Tank

Additional Features

  • Solar owned by a third party
  • Pond
  • Farm Animals Allowed
  • Horses Potentially Allowed on Property

Listing and Financial Details

  • Assessor Parcel Number 779-12-046

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,912

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 3101
  • Year Built: 1978
  • Zoning Description: RR-5A
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Gas Burning
  • Dining Room: Eat in Kitchen, No Formal Dining Room
  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Microwave, Pantry
  • Living Sq Ft: 3101
  • Stories: 1
  • Flooring: Hardwood, Tile
  • Fireplaces Min: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Tile
  • View: Mountains
  • Horse Property: Possible

Garage/Parking

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

Utilities

  • Cooling System: Ceiling Fan, Window / Wall Unit
  • Heating System: Central Forced Air
  • Sewer/Septic System: Existing Septic

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Skylight, Walk-in Closet

Lot Info

  • Lot Description: Farm Animals (Permitted), Grade - Level, Pond On Site
  • Parcel Number: 779-12-046
  • Lot Acres: 2.4699
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 107588.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 107588.00

Green Features

  • Energy Features: Tankless Water Heater

Multi Family

  • Utilities: Propane On Site, Solar Panels - Leased

MLS Schools

  • High School District Text: Morgan Hill Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2019
Closed on
Apr 11, 2019
Sold by
Spangler W Scott and Barber Karon A
Bought by
Gao Huang and Li Wuxiong
Seller's Agent
Cindy Simon
Corcoran Icon Properties
Buyer's Agent
Robert Chen
Well Com, Inc.
List Price
$1,495,000
Sold Price
$1,271,828
Premium/Discount to List
-$223,172
-14.93%
Current Estimated Value
$1,937,131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$665,303
Avg. Annual Appreciation
6.69%
Original Mortgage
$760,000
Outstanding Balance
$654,993
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,282,138

Purchase Details

Closed on
Jul 29, 2005
Sold by
Spangler W Scott and Barber Karon A
Bought by
Spangler W Scott and Barber Karon A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
5.46%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Oct 17, 1996
Sold by
Gallacinao Fred L and Gallacinao Susan
Bought by
Spangler W Scott and Barber Karon A

Purchase Details

Closed on
Dec 22, 1995
Sold by
Gallacinao Fred and Gallacinao Fred L
Bought by
Gallacinao Fred and Gallacinao Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
7.37%
Mortgage Type
Purchase Money Mortgage
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
Gao Huang $1,272,000 Old Republic Title Company
Spangler W Scott -- Old Republic Title Company
Spangler W Scott $400,000 Fidelity National Title Co
Gallacinao Fred -- Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gao Huang $760,000
Previous Owner Spangler W Scott $280,000
Previous Owner Gallacinao Fred $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2019 05/01/19 Sold $1,271,828 -3.2% $410 / Sq Ft
03/21/2019 03/21/19 Pending -- -- --
03/06/2019 03/06/19 Price Changed $1,314,159 -12.1% $424 / Sq Ft
01/25/2019 01/25/19 For Sale $1,495,000 -- $482 / 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 $15,912 $1,418,742 $892,413 $526,329
2024 $15,912 $1,390,924 $874,915 $516,009
2023 $15,708 $1,363,652 $857,760 $505,892
2022 $15,446 $1,336,915 $840,942 $495,973
2021 $15,059 $1,310,702 $824,453 $486,249
2020 $14,694 $1,297,264 $816,000 $481,264
2019 $9,537 $804,141 $291,999 $512,142
2018 $9,564 $788,374 $286,274 $502,100
2017 $9,473 $772,916 $280,661 $492,255
2016 $8,872 $757,761 $275,158 $482,603
2015 $8,776 $746,379 $271,025 $475,354
2014 $8,903 $731,759 $265,716 $466,043
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81736599

MLSListings

APN: 779-12-046