NOT LISTED FOR SALE

148 Banano Ln Morgan Hill, CA 95037

Estimated Value: $1,021,000 - $1,307,000

3 Beds
2.5 Baths
2,364 Sq Ft
1,542 Sq Ft Lot

Last Sold May 28, 2021

Last sale price $998,888 $423 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $7,006/month

7 Days on Market

Highlights

  • Community Playground
  • Community Barbecue Grill
  • Forced Air Heating and Cooling System
  • Ann Sobrato High School Rated A

About This Home

As of May 2021

Immaculate End-Unit Home on a Quiet Cul-de-Sac! 4 Years Young! Move-in Ready Home with No Work Needed! Welcome Home to a Bright and Open Living Area with Private Back Yard. Enjoy Cooking and Entertaining in the Updated Kitchen with an Oversized Island under Pendant Lights, Quartz Countertops, and Stainless Steel Appliances. Spacious Entry Way Leads You into a Spacious Den that can be used for Office Space or Family Room with High Ceilings. Beautiful Back Yard Allows You to Enjoy your Morning Coffee, Afternoon Tea or Evening Wine with a Nice Outdoor Fireplace. Two-Toned Paint, Hardwood Floors, and Tile Flow Graciously Throughout the Property. Oversized Master Bedroom with a Walk-in Closet including Organizers. House also comes with Owned Solar Panels, Pre-wire for Electric Car Charger, and a Conveniently Walk-in Laundry Room! Solera Community provides Kid's Playground and BBQ Area! Minutes Away to Downtown Morgan Hill and Bike Trails. Come and Make this Home Yours!

Last Agent to Sell the Property

Alan Wang

KW Santa Clara Valley Inc License #01380385 Listed on: 04/07/2021

KW Santa Clara Valley Inc

Co-Listed By

Jennifer Tom

KW Santa Clara Valley Inc License #01957127

Last Buyer's Agent

Theodore Wong

Compass License #02016737

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,130

Year Built

  • 2017

Lot Details

  • 1,542

Parking

  • 2 Car Garage

Home Design

  • Wood Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,364 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating and Cooling System

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include maintenance - common area, management fee
  • 76 Units
  • Solera Ranch Community Corporation Association

Amenities

  • Community Barbecue Grill

Recreation

  • Community Playground

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,130

Year Built

2017

Lot Details

0

Parking

2

Listing Details

  • Zoning: R1
  • Subclass: Condominium
  • Restrictions: Pets - Allowed
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 76
  • Structure Sq Ft: 2364
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2017

Interior Features

  • Living Sq Ft: 2364
  • Stories: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Wood Shakes / Shingles

Garage/Parking

  • Garage Spaces: 2

Utilities

  • Cooling System: Central Ac
  • Heating System: Forced Air

Condo/Co-op/Association

  • Complex Name: Solera Ranch Community
  • HOA Fees: 177
  • HOA Amenities: Bbq Area, Playground
  • Association Fees Include: Maintenance - Common Area, Management Fee
  • HOA Exist: Yes
  • H O A Name Text: Solera Ranch Community Corporation

Lot Info

  • Lot Acres: 0.0354
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1541.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1541.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2021
Closed on
May 11, 2021
Sold by
Campos Maryrose L and Campos Frederick
Bought by
Wong Stephen A and Wong Karen
Seller's Agent
Alan Wang
KW Santa Clara Valley Inc
Buyer's Agent
Theodore Wong
Compass
List Price
$948,888
Sold Price
$998,888
Premium/Discount to List
$50,000
5.27%
Current Estimated Value
$1,145,408

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,520
Avg. Annual Appreciation
3.15%
Original Mortgage
$701,250
Outstanding Balance
$634,514
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$510,894

Purchase Details

Closed on
Aug 31, 2017
Sold by
City Ventures Homebuilding Llc
Bought by
Campos Maryrose L and Campos Frederick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$636,150
Interest Rate
3.89%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Wong Stephen A $999,000 Lawyers Title Company
Campos Maryrose L $767,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wong Stephen A $701,250
Previous Owner Campos Maryrose L $636,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2021 05/28/21 Sold $998,888 +5.3% $423 / Sq Ft
04/15/2021 04/15/21 Pending -- -- --
04/07/2021 04/07/21 For Sale $948,888 -- $401 / 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 $12,130 $1,081,225 $540,565 $540,660
2024 $12,130 $1,060,025 $529,966 $530,059
2023 $11,975 $1,039,241 $519,575 $519,666
2022 $11,784 $1,018,865 $509,388 $509,477
2021 $9,299 $805,873 $402,937 $402,936
2020 $9,074 $797,611 $398,806 $398,805
2019 $9,333 $781,973 $390,987 $390,986
2018 $9,363 $766,641 $383,321 $383,320
2017 $0 $93,089 $93,089 $0
Source: Public Records

Agents Affiliated with this Home

  • Alan Wang

    Seller's Agent in 2021

    Alan Wang

    KW Santa Clara Valley Inc

    (408) 313-4352

    3 in this area

    211 Total Sales

    Alan Wang
    Section Image
  • Jennifer Tom

    Seller Co-Listing Agent in 2021

    Jennifer Tom

    KW Santa Clara Valley Inc

    (408) 464-6180

    2 in this area

    41 Total Sales

    Jennifer Tom
    Section Image
  • Theodore Wong

    Buyer's Agent in 2021

    Theodore Wong

    Compass

    (510) 384-9721

    1 in this area

    22 Total Sales

    Theodore Wong
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81837804

MLSListings

APN: 764-64-070

California Santa Clara County Morgan Hill 95037

148 Banano Ln, Morgan Hill, CA

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