NOT LISTED FOR SALE

15003 Osborne Ct Morgan Hill, CA 95037

Estimated Value: $3,106,612 - $3,792,000

4 Beds
4 Baths
4,706 Sq Ft
$721/Sq Ft Est. Value

Last Sold December 11, 2015

Last sale price $1,949,000 $414 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $20,238/month

270 Days on Market

Highlights

  • Heated Pool and Spa
  • Mountain View
  • Vaulted Ceiling
  • 2.4 Acre Lot
  • Secluded Lot
  • Marble Flooring

About This Home

As of December 2015

This is an Italian inspired single story home sitting on one of the most beautiful lots in Paradise Valley. It is approximately 2.4 acres bordering Llagas Creek. Originally built in the late 1970's this home has been remodeled with the finest stone, marble, appliances and decor. It is gated, has a 4 car garage, pool and spa, outdoor barbeque area and beautiful grounds! The floor plan is U shaped with views to the courtyard. This home has an abundance of amenities so must be seen to appreciate the quality.

Last Agent to Sell the Property

Van Dahlen-Dunne Grp

Coldwell Banker Realty License #70003028 Listed on: 01/22/2015

Coldwell Banker Realty

Last Buyer's Agent

Jackie Jones

Coldwell Banker Residential Brokerage License #00595786

Coldwell Banker Residential Brokerage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,320

Year Built

  • Built in 1977

Lot Details

  • 2.4 Acre Lot
  • Back and Front Yard Fenced
  • Secluded Lot
  • Sprinklers on Timer
  • Zoning described as RR

Parking

  • 4 Car Attached Garage

Property Views

  • Mountain
  • Forest

Home Design

  • Mediterranean Architecture
  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,706 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Skylights in Kitchen
  • 3 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Formal Entry
  • Separate Family Room
  • Formal Dining Room
  • Storage Room

Kitchen

  • Double Self-Cleaning Oven
  • Gas Cooktop
  • Warming Drawer
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Granite Countertops
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry Tub
  • Washer and Dryer Hookup

Home Security

  • Security Gate
  • Alarm System
  • Fire and Smoke Detector

Pool

  • Heated Pool and Spa
  • Heated In Ground Pool
  • Gunite Pool

Outdoor Features

  • Seasonal Stream
  • Barbecue Area

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Septic Tank

Community Details

  • Courtyard

Listing and Financial Details

  • Assessor Parcel Number 776-02-028

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,320

Year Built

Built in 1977

Lot Details

0

Parking

4

Listing Details

  • Subclass: Single Family Home
  • Style: Mediterranean
  • Listing Class: Residential
  • Structure Sq Ft: 4706
  • Year Built: 1977
  • Zoning Description: RR
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Burning, Wood Burning
  • Dining Room: Formal Dining Room
  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Garbage Disposal, Island, Microwave, Oven - Double, Oven - Self Cleaning, Pantry, Refrigerator, Skylight, Trash Compactor, Warming Drawer, Wine Refrigerator
  • Living Sq Ft: 4706
  • Stories: 1
  • Security: Fire Alarm, Security Alarm
  • Laundry: Hookup - Washer/Dryer, Tub / Sink
  • Flooring: Carpet, Hardwood, Marble, Tile
  • Additional Rooms: Formal Entry, Laundry Room, Storage
  • Fireplaces Min: 3
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Pool - Gunite, Pool - Heated, Pool - In Ground, Pool / Spa Combo
  • Roof: Tile
  • View: Forest / Woods, Mountains
  • Yard/Grounds: Back Yard, BBQ Area, Courtyard, Fenced, Sprinklers - Auto
  • Pool: Yes
  • Fencing: Fenced Back, Fenced Front, Gate

Garage/Parking

  • Garage Spaces: 4
  • Garage Parking Features: Attached Garage

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Security Gate, Skylight, Vaulted Ceiling, Walk-in Closet, Wet Bar

Schools

  • High School: 308

Lot Info

  • Lot Description: Private / Secluded, Stream - Seasonal
  • Parcel Number: 776-02-028
  • Lot Acres: 2.4000
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 104544.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 104544.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Morgan Hill Unified
  • Elementary School Text: Paradise Valley/Machado Elementary
  • High School Text: Live Oak High
  • Middle School Text: Lewis H. Britton Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2015
Closed on
Dec 10, 2015
Sold by
Shirani Heshmat and Shirani Ramin
Bought by
Jones Family Trust
Seller's Agent
Van Dahlen-Dunne Grp
Coldwell Banker Realty
Buyer's Agent
Jackie Jones
Coldwell Banker Residential Brokerage
List Price
$2,049,000
Sold Price
$1,949,000
Premium/Discount to List
-$100,000
-4.88%
Current Estimated Value
$3,392,903

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,443,903
Avg. Annual Appreciation
5.77%
Original Mortgage
$675,000
Outstanding Balance
$530,942
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$2,861,961

Purchase Details

Closed on
Oct 28, 2013
Sold by
Shirani Heshmat
Bought by
Shirani Heshmat and Shirani Ramin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$790,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 23, 2005
Sold by
Shirani Heshmat and Shirani Nasser G
Bought by
Shirani Nasser G and Shirani Heshmat

Purchase Details

Closed on
Jun 21, 2005
Sold by
Shirani Heshmat and Shirani Nasser G
Bought by
Shirani Nasser Goli and Shirani Heshmat

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
5.56%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Aug 29, 2001
Sold by
Shirani Ramin and Shirani Nasser G
Bought by
Shirani Nasser G and Shirani Heshmat

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 21, 1999
Sold by
Shirani and Heshmat
Bought by
Shirani Nasser G and Shirani Heshmat
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
Jones Family Trust $1,949,000 Chicago Title Company
Shirani Heshmat -- None Available
Shirani Nasser G -- --
Shirani Nasser Goli -- Old Republic Title Company
Shirani Nasser G -- Old Republic Title Company
Shirani Nasser G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Family Trust $675,000
Previous Owner Shirani Heshmat $790,000
Previous Owner Shirani Nasser Goli $850,000
Previous Owner Shirani Nasser G $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2015 12/11/15 Sold $1,949,000 -4.9% $414 / Sq Ft
10/19/2015 10/19/15 Pending -- -- --
09/11/2015 09/11/15 For Sale $2,049,000 0.0% $435 / Sq Ft
08/17/2015 08/17/15 Pending -- -- --
08/11/2015 08/11/15 Price Changed $2,049,000 -2.4% $435 / Sq Ft
04/17/2015 04/17/15 Price Changed $2,099,000 -1.9% $446 / Sq Ft
03/13/2015 03/13/15 Price Changed $2,140,000 -2.3% $455 / Sq Ft
01/22/2015 01/22/15 For Sale $2,190,000 -- $465 / 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 $29,320 $2,635,305 $1,420,552 $1,214,753
2024 $29,320 $2,583,634 $1,392,699 $1,190,935
2023 $28,942 $2,532,976 $1,365,392 $1,167,584
2022 $28,459 $2,483,311 $1,338,620 $1,144,691
2021 $27,744 $2,434,620 $1,312,373 $1,122,247
2020 $26,430 $2,352,657 $1,298,917 $1,053,740
2019 $24,389 $2,068,293 $1,273,449 $794,844
2018 $24,467 $2,027,739 $1,248,480 $779,259
2017 $24,238 $1,987,980 $1,224,000 $763,980
2016 $22,708 $1,949,000 $1,200,000 $749,000
2015 $12,810 $1,085,182 $515,266 $569,916
2014 $13,010 $1,063,926 $505,173 $558,753
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81447768

MLSListings

APN: 776-02-028