Seller's Agent in 2025
Matt Telfer
South County Realty Mh
(408) 691-1982
53 Total Sales
15355 Monterey St Morgan Hill, CA 95037
Morgan Hill AreaEstimated Value: $1,332,048
10
Beds
4
Baths
3,268
Sq Ft
$408/Sq Ft
Est. Value
Highlights
- 0.69 Acre Lot
- Guest Parking
- 1-Story Property
About This Home
As of October 2025Excellent investment opportunity to own multiple residential units on a large 2/3 acre lot in Morgan Hill. Located within the city limits and adjacent to future development projects that are currently getting entitled with the city. Three residential units, two barns/storage outbuildings, additional outdoor kitchen building, and lots of space for parking. The long-term stable Tenants would like to stay and are paying attractive rents. Many potential uses, now and in the future.
Last Agent to Sell the Property
South County Realty Mh License #01363041 Listed on: 05/27/2025
Co-Listed By
John Telfer
South County Realty Mh License #00493328
Property Details
Home Type
- Multi-Family
Year Built
- 1940
Lot Details
- 30,000 Sq Ft Lot
Home Design
- Triplex
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 3,268 Sq Ft Home
- 1-Story Property
Parking
- 15 Parking Spaces
- 1 Carport Space
- Guest Parking
Utilities
- Wall Furnace
- Well
- Septic Tank
Listing and Financial Details
- Total Actual Rent $83,860
Community Details
Overview
- 3,268 Sq Ft Building
Building Details
- 4 Leased Units
- Insurance Expense $6,920
- Maintenance Expense $1,780
- Manager Expense $450
- Utility Expense $328
- Operating Expense $20,619
- Gross Income $83,860
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 27, 2025
Closed on
Oct 9, 2025
Sold by
Bought by
Seller's Agent
Matt Telfer
South County Realty Mh
Buyer's Agent
Katya Ceballos Manager
Tuscana Properties
List Price
$1,500,000
Sold Price
$1,250,000
Premium/Discount to List
-$250,000
-16.67%
Views
57
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,048
Avg. Annual Appreciation
8.38%
Original Mortgage
$1,187,500
Outstanding Balance
$1,177,739
Interest Rate
6.56%
Mortgage Type
New Conventional
Estimated Equity
$154,309
Purchase Details
Listed on
May 27, 2025
Closed on
Oct 7, 2025
Sold by
Bought by
Seller's Agent
Matt Telfer
South County Realty Mh
Buyer's Agent
Katya Ceballos Manager
Tuscana Properties
List Price
$1,500,000
Sold Price
$1,250,000
Premium/Discount to List
-$250,000
-16.67%
Views
57
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,187,500
Outstanding Balance
$1,177,739
Interest Rate
6.56%
Mortgage Type
New Conventional
Estimated Equity
$154,309
Purchase Details
Closed on
May 31, 2024
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$517,000
Interest Rate
8.25%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 15, 2024
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$517,000
Interest Rate
8.25%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 29, 2023
Sold by
Bought by
Purchase Details
Closed on
May 7, 2018
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$555,750
Interest Rate
4.44%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 30, 2018
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$555,750
Interest Rate
4.44%
Mortgage Type
Commercial
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | Old Republic Title | ||
| $1,250,000 | Old Republic Title | ||
| -- | Commonwealth Land Title Compan | ||
| -- | None Listed On Document | ||
| -- | None Listed On Document | ||
| -- | Chicago Title Co | ||
| $875,000 | Chicago Title Co |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $1,187,500 | ||
| Closed | $517,000 | ||
| Previous Owner | $555,750 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/10/2025 10/10/25 | Sold | $1,250,000 | -16.7% | $382 / Sq Ft |
| 07/28/2025 07/28/25 | Pending | -- | -- | -- |
| 05/27/2025 05/27/25 | For Sale | $1,500,000 | -- | $459 / Sq Ft |
Source: MLSListings
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $11,426 | $1,250,000 | $1,000,000 | $250,000 |
| 2025 | $11,426 | $995,594 | $824,923 | $170,671 |
| 2024 | $11,214 | $976,074 | $808,749 | $167,325 |
| 2023 | $11,070 | $956,937 | $792,892 | $164,045 |
| 2022 | $10,885 | $938,175 | $777,346 | $160,829 |
| 2021 | $10,612 | $919,780 | $762,104 | $157,676 |
| 2020 | $10,356 | $910,350 | $754,290 | $156,060 |
| 2019 | $10,650 | $892,500 | $739,500 | $153,000 |
| 2018 | $779 | $60,257 | $24,745 | $35,512 |
| 2017 | $769 | $59,076 | $24,260 | $34,816 |
| 2016 | $714 | $57,919 | $23,785 | $34,134 |
| 2015 | $705 | $57,050 | $23,428 | $33,622 |
| 2014 | $772 | $55,934 | $22,970 | $32,964 |
Source: Public Records
Agents Affiliated with this Home
-
Matt Telfer
-
J
Seller Co-Listing Agent in 2025
John Telfer
South County Realty Mh
-
Katya Ceballos Manager
Buyer's Agent in 2025
Katya Ceballos Manager
Tuscana Properties
(408) 529-9150
21 Total Sales
-
Sandra Jamison
S
Buyer Co-Listing Agent in 2025
Sandra Jamison
Tuscana Properties
(408) 465-4899
329 Total Sales
Map
Source: MLSListings
MLS Number: ML82008544
APN: 779-04-030
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