NOT LISTED FOR SALE

138 Cochrane Rd Morgan Hill, CA 95037

Estimated Value: $874,000 - $942,000

3 Beds
3 Baths
1,773 Sq Ft
1,742 Sq Ft Lot

Last Sold July 10, 2015

Last sale price $625,000 $353 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $5,648/month

6 Days on Market

Highlights

  • Clubhouse
  • Wood Flooring
  • Stone Countertops
  • Ann Sobrato High School Rated A
  • Sauna
  • Community Pool

About This Home

As of July 2015

Brand New Taylor Morrison Home. The Plan A Model Home in Morgan Hill's premier townhome community, Madrone Plaza is designer decorated and features the best in features and upgrades. This home boasts approx. 1,773 square feet of living space and numerous designer upgrades and custom items. Split level floorplan gives this home an open and spacious feel. Large crawl space accessible from the garage for additional storage.

Last Agent to Sell the Property

Katherine Deterding

Taylor Morrison Services, Inc License #01955350 Listed on: 03/25/2015

Last Buyer's Agent

Lynne Tran

Intero Real Estate Services License #01293229

Intero Real Estate Services

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,321

Year Built

  • Built in 2008

Lot Details

  • 1,742

Parking

  • 2 Car Garage

Home Design

  • Slab Foundation
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,773 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Combination Dining and Living Room
  • Washer and Dryer

Kitchen

  • Gas Oven
  • Self-Cleaning Oven
  • Gas Cooktop
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Low Flow Toliet
  • Bathtub with Shower
  • Walk-in Shower

Home Security

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Thermostat
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number 726-49-008

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include maintenance - common area, maintenance - exterior, management fee, pool spa or tennis, recreation facility, roof
  • Madrone Plaza Association
  • Built by Madrone Plaza
  • The community has rules related to parking rules

Amenities

  • Sauna
  • Clubhouse

Recreation

  • Sport Court
  • Community Pool

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,321

Year Built

Built in 2008

Lot Details

0

Parking

2

Listing Details

  • Subclass: Condominium
  • Restrictions: Parking Restrictions, Pets - Restrictions
  • Age: 7
  • Listing Class: Residential
  • Structure Sq Ft: 1773
  • Complex Name: Madrone Plaza
  • Year Built: 2008
  • Zoning Description: M
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area in Living Room
  • Kitchen: Cooktop - Gas, Countertop - Stone, Dishwasher, Garbage Disposal, Hookups - Ice Maker, Microwave, Oven - Gas, Oven - Self Cleaning, Refrigerator
  • Living Sq Ft: 1773
  • Stories: 2
  • Security: Fire Alarm
  • Laundry: Gas Hookup, Washer / Dryer
  • Flooring: Carpet, Hardwood, Tile
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Bathroom: Shower and Tub, Stall Shower

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition, Shingle

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 292
  • HOA Amenities: BBQ Area, Club House, Community Pool, Game Court (Outdoor), Sauna / Spa / Hot Tub
  • Association Fees Include: Maintenance - Common Area, Maintenance - Exterior, Management Fee, Pool, Spa, or Tennis, Recreation Facility, Roof
  • H O A Name Text: Madrone Plaza
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Walk-in Closet

Schools

  • School District: Morgan Hill Unified
  • Elementary School: El Toro Elementary
  • Middle School: Martin Murphy Middle
  • High School: Ann Sobrato High
  • High School: 1080
  • Elementary School: 300
  • Middle School: 306

Lot Info

  • Parcel Number: 726-49-008
  • Lot Acres: 0.0400
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1742.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1742.00

Green Features

  • Energy Features: Double Pane Windows, Energy Star Appliances, Low Flow Toilet, Tankless Water Heater, Thermostat Controller

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Morgan Hill Unified
  • Elementary School Text: El Toro Elementary
  • High School Text: Ann Sobrato High
  • Middle School Text: Martin Murphy Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2015
Closed on
Jun 18, 2015
Sold by
Taylor Morrison Of California Llc
Bought by
Ballantyne Rita
Seller's Agent
Katherine Deterding
Taylor Morrison Services, Inc
Buyer's Agent
Lynne Tran
Intero Real Estate Services
List Price
$657,196
Sold Price
$625,000
Premium/Discount to List
-$32,196
-4.9%
Current Estimated Value
$909,352

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,352
Avg. Annual Appreciation
3.90%

Purchase Details

Closed on
Jan 28, 2013
Sold by
Madrone Investors Lp
Bought by
Taylor Morrison Of California Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,899,960
Interest Rate
3.33%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 22, 2012
Sold by
Santa Barbara Bank & Trust National Asso
Bought by
Madrone Investors Lp

Purchase Details

Closed on
Jun 14, 2011
Sold by
Mp Developers Llc
Bought by
Santa Barbara Bank & Trust
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
Ballantyne Rita $625,000 First American Title Company
Taylor Morrison Of California Llc $7,704,750 First American Title Ins Co
Madrone Investors Lp $4,399,750 None Available
Santa Barbara Bank & Trust $4,950,000 Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Taylor Morrison Of California Llc $4,899,960
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2015 07/10/15 Sold $625,000 -4.9% $353 / Sq Ft
03/31/2015 03/31/15 Pending -- -- --
03/25/2015 03/25/15 For Sale $657,196 -- $371 / 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 $8,321 $739,866 $369,933 $369,933
2024 $8,321 $725,360 $362,680 $362,680
2023 $8,215 $711,138 $355,569 $355,569
2022 $8,110 $697,196 $348,598 $348,598
2021 $8,146 $683,526 $341,763 $341,763
2020 $8,045 $676,518 $338,259 $338,259
2019 $8,263 $663,254 $331,627 $331,627
2018 $8,291 $650,250 $325,125 $325,125
2017 $8,216 $637,500 $318,750 $318,750
2016 $7,727 $625,000 $312,500 $312,500
2015 $5,176 $400,199 $131,559 $268,640
2014 -- $215,055 $128,982 $86,073
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81456824

MLSListings

APN: 726-49-008