NOT LISTED FOR SALE

136 Banano Ln Morgan Hill, CA 95037

Estimated Value: $851,000 - $916,000

3 Beds
2 Baths
1,468 Sq Ft
1,873 Sq Ft Lot

Last Sold August 14, 2020

Last sale price $737,000 $502 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $5,392/month

4 Days on Market

Highlights

  • Solar Power System
  • Primary Bedroom Suite
  • Marble Bathroom Countertops
  • Ann Sobrato High School Rated A
  • Wood Flooring
  • Quartz Countertops

About This Home

As of August 2020

This stunning home is practically brand new! Built in 2017, the Solera Ranch community is all-electric and solar powered - the best of truly modern living, just minutes from downtown Morgan Hill. Tucked in the rear of the complex, this home is loaded with upgrades and boasts all living areas on one floor! A huge great room forms the centerpiece of the home with a large family room and dining area. The entertainer's kitchen is highlighted by contemporary cabinetry, gorgeous Quartz countertops, stainless steel appliances and a large island. The master suite is a beautiful retreat with a luxurious pebble stone shower floor and a large walk-in closet. 2 additional bedrooms, a full hall bathroom and an indoor laundry room round out this impressive home. With a 2-car attached garage that is pre-wire ready for an electric vehicle charger and a park-like common area, this home truly has it all. Don't miss this fantastic opportunity to have low HOA and utility bills with owned solar!

Last Agent to Sell the Property

Katie Duus

Christie's International Real Estate Sereno License #01895611 Listed on: 07/17/2020

Christie's International Real Estate Sereno

Last Buyer's Agent

Kelly Hunt

Christie's International Real Estate Sereno License #01161920

Christie's International Real Estate Sereno

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,909

Year Built

  • 2017

Lot Details

  • 1,873

Parking

  • 2 Car Attached Garage
  • Guest Parking
  • On-Street Parking

Home Design

  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 1,468 Sq Ft Home
  • 2-Story Property
  • Dining Area
  • Wood Flooring

Kitchen

  • Open to Family Room
  • Electric Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Marble Bathroom Countertops
  • Dual Sinks
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Washer and Dryer

Eco-Friendly Details

  • Solar Power System
  • Solar owned by seller
  • Solar Heating System

Additional Features

  • Balcony
  • Forced Air Heating and Cooling System

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area electricity, insurance - common area, maintenance - common area
  • Common Interest Management Association

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,909

Year Built

2017

Lot Details

0

Parking

2

Listing Details

  • Zoning: R1
  • Subclass: Condominium
  • Restrictions: Pets - Allowed
  • Age: 3
  • Listing Class: Residential
  • Structure Sq Ft: 1468
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2017

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Dining Room: Dining Area
  • Kitchen: Countertop - Quartz, Dishwasher, Garbage Disposal, Island, Microwave, Oven Range - Electric, Pantry, Refrigerator
  • Living Sq Ft: 1468
  • Stories: 2
  • Bedrooms: Primary Suite / Retreat, Walk-In Closet
  • Laundry: Inside, Washer / Dryer
  • Flooring: Wood
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Marble, Primary - Stall Shower(s), Shower Over Tub - 1, Tile, Updated Bath

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Tile
  • Yard/Grounds: Balcony / Patio

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Common Parking Area, Guest / Visitor Parking, On Street

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air, Solar
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • Complex Name: Solera Ranch
  • HOA Fees: 155
  • Association Fees Include: Common Area Electricity, Insurance - Common Area, Maintenance - Common Area
  • HOA Exist: Yes
  • H O A Name Text: Common Interest Management

Association/Amenities

  • Amenities Miscellaneous: Walk-In Closet

Schools

  • School District: Morgan Hill Unified

Lot Info

  • Lot Acres: 0.0430
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1873.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1873.00

Green Features

  • Energy Features: Solar Power

Multi Family

  • Utilities: Public Utilities, Solar Panels - Owned

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2020
Closed on
Aug 11, 2020
Sold by
Irace Unique and Irace Derrick
Bought by
Sepulveda Robert E and Sepulveda Rose L
Seller's Agent
Katie Duus
Christie's International Real Estate Sereno
Buyer's Agent
Kelly Hunt
Christie's International Real Estate Sereno
List Price
$710,000
Sold Price
$737,000
Premium/Discount to List
$27,000
3.8%
Current Estimated Value
$888,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,349
Avg. Annual Appreciation
3.65%
Original Mortgage
$510,400
Outstanding Balance
$452,761
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$435,588
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
Sepulveda Robert E $737,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sepulveda Robert E $510,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/14/2020 08/14/20 Sold $737,000 +3.8% $502 / Sq Ft
07/22/2020 07/22/20 Pending -- -- --
07/17/2020 07/17/20 For Sale $710,000 -- $484 / 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 $8,909 $797,750 $398,875 $398,875
2024 $8,909 $782,108 $391,054 $391,054
2023 $8,793 $766,774 $383,387 $383,387
2022 $8,654 $751,740 $375,870 $375,870
2021 $8,438 $737,000 $368,500 $368,500
2020 $7,724 $684,000 $342,000 $342,000
2019 $7,942 $670,590 $335,295 $335,295
2018 $7,966 $657,442 $328,721 $328,721
2017 $0 $93,088 $93,088 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81801636

MLSListings

APN: 764-64-068