NOT LISTED FOR SALE

14940 Olive Ave Morgan Hill, CA 95037

Estimated Value: $2,981,801

9.43 Acres
$316,137 Price per Acre
410,858 Sq Ft Lot

Last Sold December 11, 2017

Last sale price $2,000,000

Est. 49% increase in value since last sale

Current estimated payment $17,798/month

186 Days on Market

Highlights

  • 9.43 Acre Lot
  • Mountain View
  • Partially Fenced Property
  • Ann Sobrato High School Rated A
  • Agricultural
  • Level Lot

About This Lot

As of December 2017

Huge Price Reduction - Great Development Potential!! Over 9 acres on a flat lot with easy accessibility. Adjacent lot is zone Medium Density Residential (up to 7units/acre). May take some time and effort working with the city, but a great opportunity. Get in now, so when the re-zoning is ready, you can hit the ground running. (red outlines do not indicate exact lot lines)

Last Agent to Sell the Property

Matthew Pivetti

Accredited Realty Group License #01395241 Listed on: 05/22/2017

Accredited Realty Group

Last Buyer's Agent

Matthew Pivetti

Accredited Realty Group License #01395241 Listed on: 05/22/2017

Accredited Realty Group

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $25,351

Lot Details

  • 9.43 Acre Lot
  • Partially Fenced Property
  • Chain Link Fence
  • Level Lot
  • Potential for Re-Zoning

Utilities

  • Well
  • Septic Permit Required

Additional Features

  • Mountain Views
  • Agricultural
  • Horses Potentially Allowed on Property

Property Details

Property Type

Land

Est. Annual Taxes

$25,351

Lot Details

0

Listing Details

  • Zoning: A-20A
  • Subclass: Residential Development Land
  • Listing Class: Residential Lots & Land
  • Present Use: Agricultural/Residential
  • Development Status: No Site Approval
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Mountains
  • Horse Property: Possible
  • Fencing: Chain Link, Partial Fencing

Utilities

  • Sewer/Septic System: Septic Required

Lot Info

  • Lot Description: Agricultural Use, Grade - Level, Potential Re-Zone
  • Lot Acres: 9.4320
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 410857.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 410857.00
  • Parcel Access: County Maintained Road

Multi Family

  • Utilities: Electricity - On Site, Gas - Tbd

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 14, 2025
Sold by
Hsiao Feng-Shyang Robert and Shao Fang-Fei Phoebe
Bought by
Feng-Shyang Robert Hsiao And Fang-Fei Phoebe and Hsiao
Current Estimated Value
$2,981,801

Purchase Details

Closed on
Oct 18, 2022
Sold by
Zhang Yong and Zhang Yushi
Bought by
Zhang 2022 Trust

Purchase Details

Listed on
May 22, 2017
Closed on
Dec 5, 2017
Sold by
Chan Emily and Yee Check W M
Bought by
Zhang Yushi and Hsiao Feng Shyang R
Seller's Agent
Matthew Pivetti
Accredited Realty Group
Buyer's Agent
Matthew Pivetti
Accredited Realty Group
List Price
$2,999,000
Sold Price
$2,000,000
Premium/Discount to List
-$999,000
-33.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.20%
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
Feng-Shyang Robert Hsiao And Fang-Fei Phoebe -- Fidelity National Title Compan
Hsiao Feng-Shyang Robert -- Fidelity National Title Compan
Zhang 2022 Trust -- --
Zhang Yushi $2,000,000 Fidelity National Title Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2017 12/11/17 Sold $2,000,000 -20.0% --
11/25/2017 11/25/17 Pending -- -- --
08/14/2017 08/14/17 Price Changed $2,499,999 -16.6% --
05/22/2017 05/22/17 For Sale $2,999,000 -- --
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 $25,351 $2,275,657 $2,275,657 --
2024 $25,351 $2,231,037 $2,231,037 --
2023 $25,351 $2,187,292 $2,187,292 $0
2022 $24,613 $2,144,404 $2,144,404 $0
2021 $24,083 $2,102,357 $2,102,357 $0
2020 $23,516 $2,080,800 $2,080,800 $0
2019 $24,169 $2,040,000 $2,040,000 $0
2018 $25,485 $2,000,000 $2,000,000 $0
2017 $1,646 $120,657 $27,068 $93,589
2016 $1,537 $118,292 $26,538 $91,754
2015 $1,467 $116,516 $26,140 $90,376
2014 $1,717 $114,234 $25,628 $88,606
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81652713

MLSListings

APN: 779-04-070