NOT LISTED FOR SALE

1505 E San Martin Ave Unit A San Martin, CA 95046

Estimated Value: $1,179,000 - $1,714,000

3 Beds
2 Baths
1,672 Sq Ft
$828/Sq Ft Est. Value

Last Sold December 28, 2018

Last sale price $820,000 $490 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $8,270/month

3 Days on Market

Highlights

  • View of Hills
  • Storage Room
  • Forced Air Heating and Cooling System
  • Tile Countertops
  • Guest Parking
  • Dining Room

About This Home

As of December 2018

Let your design ideas flourish when you update this rancher with your modern touches, some TLC and some freshening up! Over an acre parcel offers space for horses, goats or a large sunny garden! Walnut trees and oaks provide greenery and shade. Just a hop, skip and a jump from Coyote Lake Harvey Bear Ranch County Park with over 33 miles of trails for hiking, horseback riding or off-road bicyclists. Boat launch, overnight camping and day use right in your own backyard!

Last Agent to Sell the Property

Jayson Madani

KW Thrive Santa Cruz License #70010074 Listed on: 10/09/2018

KW Thrive Santa Cruz

Last Buyer's Agent

Jayson Madani

KW Thrive Santa Cruz License #70010074 Listed on: 10/09/2018

KW Thrive Santa Cruz

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,114

Year Built

  • Built in 1984

Lot Details

  • 1.12 Acre Lot
  • Mostly Level
  • Zoning described as RR-5A

Parking

  • 2 Car Garage
  • Guest Parking

Home Design

  • Fixer Upper
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,672 Sq Ft Home
  • 1-Story Property
  • Separate Family Room
  • Living Room with Fireplace
  • Dining Room
  • Storage Room
  • Views of Hills

Kitchen

  • Electric Cooktop
  • Dishwasher
  • Tile Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Garage
  • Washer and Dryer

Horse Facilities and Amenities

  • Horses Potentially Allowed on Property

Utilities

  • Forced Air Heating and Cooling System
  • Shared Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 825-26-045

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,114

Year Built

Built in 1984

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch
  • Property Condition: Fixer Upper
  • Age: 34
  • Listing Class: Residential
  • Structure Sq Ft: 1672
  • Year Built: 1984
  • Zoning Description: RR-5A
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room
  • Dining Room: No Formal Dining Room
  • Kitchen: Cooktop - Electric, Countertop - Tile, Dishwasher, Refrigerator
  • Living Sq Ft: 1672
  • Stories: 1
  • Laundry: In Garage, Washer / Dryer
  • Additional Rooms: Storage
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Composition
  • View: Hills
  • Horse Property: Possible

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Guest / Visitor Parking, Room for Oversized Vehicle

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air
  • Sewer/Septic System: Existing Septic

Schools

  • School District: Morgan Hill Unified

Lot Info

  • Lot Description: Grade - Mostly Level
  • Parcel Number: 825-26-045
  • Lot Acres: 1.1230
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 48920.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 48920.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Morgan Hill Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 6, 2021
Sold by
Nava Jorge Gallegos
Bought by
Gallegos Hector and Rojo Brenda Y
Current Estimated Value
$1,385,103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$619,000
Outstanding Balance
$564,470
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$820,633

Purchase Details

Listed on
Oct 9, 2018
Closed on
Dec 27, 2018
Sold by
Cerna Maria Del Rosario Cerna
Bought by
Neva Jorge Gallegos
Seller's Agent
Jayson Madani
KW Thrive Santa Cruz
Buyer's Agent
Jayson Madani
KW Thrive Santa Cruz
List Price
$649,000
Sold Price
$820,000
Premium/Discount to List
$171,000
26.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.00%
Original Mortgage
$625,762
Interest Rate
4.9%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 9, 2018
Closed on
Dec 21, 2018
Sold by
Farrell Crystal Lomabrdo
Bought by
Gallegos Hector and Rojo Brenda Y
Seller's Agent
Jayson Madani
KW Thrive Santa Cruz
Buyer's Agent
Jayson Madani
KW Thrive Santa Cruz
List Price
$649,000
Sold Price
$820,000
Premium/Discount to List
$171,000
26.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,762
Interest Rate
4.9%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 2, 2011
Sold by
Lombardo Palmer Jacqueline E
Bought by
Farrell Crystal Lombardo

Purchase Details

Closed on
Dec 29, 2010
Sold by
Lombardo Michele and Butzow Michele
Bought by
Farrell Crystal Lombardo

Purchase Details

Closed on
Jul 14, 2009
Sold by
Palmer Jacqueline E and Lombardo Jacqueline E
Bought by
Lombardo Palmer Jacqueline E

Purchase Details

Closed on
Jul 19, 1995
Sold by
Lombardo Dominick M and Lombardo Jacqueline E
Bought by
Palmer Jacqueline E and Lombardo Michele
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
Gallegos Hector $495,000 First American Title Company
Neva Jorge Gallegos -- Old Republic Title Co
Gallegos Hector $820,000 Old Republic Title Co
Farrell Crystal Lombardo -- None Available
Farrell Crystal Lombardo -- None Available
Lombardo Palmer Jacqueline E -- None Available
Palmer Jacqueline E $5,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gallegos Hector $619,000
Previous Owner Gallegos Hector $625,762
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2018 12/28/18 Sold $820,000 +26.3% $490 / Sq Ft
10/13/2018 10/13/18 Pending -- -- --
10/09/2018 10/09/18 For Sale $649,000 -- $388 / 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 $11,114 $986,441 $653,075 $333,366
2024 $11,114 $967,100 $640,270 $326,830
2023 $11,100 $948,138 $627,716 $320,422
2022 $10,916 $929,548 $615,408 $314,140
2021 $9,894 $845,064 $618,340 $226,724
2020 $9,658 $836,400 $612,000 $224,400
2019 $9,928 $820,000 $600,000 $220,000
2018 $3,445 $269,212 $73,428 $195,784
2017 $3,412 $263,935 $71,989 $191,946
2016 $3,200 $258,761 $70,578 $188,183
2015 $3,166 $254,875 $69,518 $185,357
2014 $3,190 $249,884 $68,157 $181,727
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81726950

MLSListings

APN: 825-26-045