NOT LISTED FOR SALE

16245 Paradise Valley Ln Morgan Hill, CA 95037

Estimated Value: $2,815,434 - $3,299,000

4 Beds
3.5 Baths
4,600 Sq Ft
$675/Sq Ft Est. Value

Last Sold February 27, 2015

Last sale price $1,775,000 $386 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $18,451/month

129 Days on Market

Highlights

  • RV Access or Parking
  • Primary Bedroom Suite
  • Fireplace in Primary Bedroom
  • Ann Sobrato High School Rated A
  • Mountain View
  • Deck

About This Home

As of February 2015

Spectacular estate on almost 2 acres with organic vineyard! 4 bedrooms, 3.5 baths, & a spacious bonus area above the 3 car garage. Custom wrought-iron fencing, gates, & entry doors * Extensive Brazilian hardwood & travertine tile flooring * Whole-house air & water filtration systems * 4-zone heating & A/C systems * Block paver drive/walkways * 1500sf patio with tri-level arbor. Click Virtual Tour!

Last Agent to Sell the Property

Skip Pearson

Pearson Realty License #00302930 Listed on: 09/04/2014

Last Buyer's Agent

Skip Pearson

Pearson Realty License #00302930 Listed on: 09/04/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,307

Year Built

  • Built in 1989

Lot Details

  • Kennel or Dog Run
  • Security Fence
  • Level Lot
  • Sprinklers on Timer
  • Zoning described as AW

Home Design

  • Spanish Architecture
  • Mediterranean Architecture
  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,600 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Decorative Fireplace
  • Double Pane Windows
  • Formal Entry
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Loft
  • Bonus Room
  • Utility Room
  • Mountain Views

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Built-In Self-Cleaning Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Walk-in Shower

Parking

  • Attached Garage
  • Garage Door Opener
  • Off-Street Parking
  • RV Access or Parking

Eco-Friendly Details

  • Passive Solar Power System
  • Air Purifier

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Barbecue Area

Horse Facilities and Amenities

  • Horses Potentially Allowed on Property

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Propane
  • 220 Volts
  • Water Storage
  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 776-26-036

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,307

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Style: Spanish, Mediterranean
  • Level Street Main: Bedroom(s)
  • Listing Class: Residential
  • Structure Sq Ft: 4600
  • Incorporated: Yes
  • Map Book Page: 936
  • Map Side Coordinate: 3
  • Map Top Coordinate: G
  • Thomas Bros Page: 936
  • Thomas Brothers: G3
  • Year Built: 1989
  • Zoning Description: AW
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Family Room, Living Room, Primary Bedroom, Ornamental Only, Yes
  • Dining Room: Formal Dining Room, Dining Area in Family Room, Breakfast Bar
  • Kitchen: Pantry, Dishwasher, Cooktop, Garbage Disposal, Refrigerator, Microwave, Oven - Self Cleaning, Trash Compactor, Oven - Built-In, 220 Volt Outlet
  • Living Sq Ft: 4600
  • Stories: 2
  • Security: Security Fence
  • Bedrooms: Primary Suite / Retreat, Ground Floor Bedroom
  • Laundry: In Laundry Room, 220 Volt Outlet
  • Flooring: Tile, Carpet - Wall to Wall, Hardwood
  • Additional Rooms: Bonus / Hobby Room, Utility Room, Formal Entry, Loft
  • Maximum Bathrooms: 4
  • Minimum Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Showers over Tubs - 2+, Tubs - 2+, Stall Shower - 2+, Tub with Jets
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Pool - No
  • Roof: Tile
  • View: Mountains
  • Yard/Grounds: Patio(s)/Deck(s) - Covered, Tennis Court(s) - Possible, Sprinklers - Auto, BBQ Area, Deck, Dog Run / Kennel, Fenced
  • Horse Property: Possible
  • Exterior: Stucco

Garage/Parking

  • Garage Parking Features: Attached Garage, Gate / Door Opener, Off-Street Parking, RV/Boat Parking

Utilities

  • Cooling System: Central AC
  • Heating System: Heating - 2+ Zones, Gas - Propane, Forced Air
  • Sewer/Septic System: Septic Tank / Pump

Association/Amenities

  • Amenities Miscellaneous: Double Pane Windows(s), High Ceiling, Vaulted Ceiling, Wet Bar, Air Purifier

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 776-26-036
  • Lot Location: Corner
  • List Price per Sq Ft: 411.96
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 78408.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 78408.00
  • Lot Size Area Min Search: 78408.00
  • Maximum Lot Size: 78408.00
  • Map Book: Thomas Bros

Green Features

  • Energy Features: Double Pane Windows, Passive Solar, Ceiling Fan(s)

Multi Family

  • Maximum Building Height: 2
  • Minimum Building Height: 2

MLS Schools

  • High School District Text: Morgan Hill Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2014
Closed on
Feb 20, 2015
Sold by
Cocozza Nathan J and Cocozza Ona C
Bought by
Manuchehry Amin M and Manuchehry Neil Mandana
Seller's Agent
Skip Pearson
Pearson Realty
Buyer's Agent
Skip Pearson
Pearson Realty
List Price
$1,895,000
Sold Price
$1,775,000
Premium/Discount to List
-$120,000
-6.33%
Current Estimated Value
$3,106,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,331,359
Avg. Annual Appreciation
5.39%
Original Mortgage
$1,420,000
Outstanding Balance
$1,081,153
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$2,025,206

Purchase Details

Closed on
Oct 12, 2007
Sold by
Santomieri Joseph C and Semple Leslie I
Bought by
Cocozza Nathan J and Cocozza Ona C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 20, 2007
Sold by
Sgambati Earl
Bought by
Santomieri Joseph C and Semple Leslie I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
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
Manuchehry Amin M $1,775,000 Fidelity National Title Co
Cocozza Nathan J $1,430,000 Alliance Title Company
Santomieri Joseph C $1,430,000 Alliance Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Manuchehry Amin M $1,420,000
Previous Owner Cocozza Nathan J $1,000,000
Previous Owner Santomieri Joseph C $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2015 02/27/15 Sold $1,775,000 -6.3% $386 / Sq Ft
01/11/2015 01/11/15 Pending -- -- --
09/04/2014 09/04/14 For Sale $1,895,000 -- $412 / 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 $26,307 $2,571,360 $849,469 $1,721,891
2024 $26,307 $2,319,850 $832,813 $1,487,037
2023 $22,849 $2,000,540 $816,484 $1,184,056
2022 $22,467 $1,961,315 $800,475 $1,160,840
2021 $21,902 $1,922,859 $784,780 $1,138,079
2020 $21,368 $1,903,144 $776,734 $1,126,410
2019 $21,980 $1,865,828 $761,504 $1,104,324
2018 $22,051 $1,829,244 $746,573 $1,082,671
2017 $21,843 $1,793,378 $731,935 $1,061,443
2016 $20,462 $1,758,215 $717,584 $1,040,631
2015 $18,320 $1,562,864 $781,432 $781,432
2014 $18,621 $1,532,250 $766,125 $766,125
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81432204

MLSListings

APN: 776-26-036