NOT LISTED FOR SALE

167 Banano Ln Morgan Hill, CA 95037

Estimated Value: $1,154,000 - $1,291,000

3 Beds
2.5 Baths
2,427 Sq Ft
$502/Sq Ft Est. Value

Last Sold June 03, 2024

Last sale price $1,250,000 $515 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $7,474/month

7 Days on Market

Highlights

  • Solar Power System
  • Primary Bedroom Suite
  • Wood Flooring
  • Ann Sobrato High School Rated A
  • Soaking Tub in Primary Bathroom
  • Modern Architecture

About This Home

As of June 2024

Stunning Solera Ranch 2-story townhome in picturesque Morgan Hill. Spacious 2400+ square foot floorplan with 3 bedrooms, 2.5 bathrooms, and bonus office/den. Solar-powered home. Lots of upgrades and stylish decor features. Large living area with plenty of natural sunlight. Gourmet kitchen with expansive kitchen island, stainless steel appliances, and beautiful countertops. Primary bedroom custom accent panel wall and ceiling fan. Gigantic en suite primary bath featuring soaking tub, separate stall shower, and huge walk-in closet with custom California closet organizers. Two upstairs bedrooms with Jack and Jill bathroom. Private patio off the dining area. Walk-in pantry, laundry room, 2 car garage. Recessed lights, dual pane windows. New carpet upstairs. And right outside your doorstep you have a park with plenty of greenspace, play structure, and barbecue/picnic area! Located just minutes from Downtown Morgan Hill, restaurants, shops, and wineries, Easy freeway access. Low HOA dues.

Last Agent to Sell the Property

Tony Sum

Upswing Real Estate License #01731561 Listed on: 04/24/2024

Last Buyer's Agent

Stella Benjamin

Intero Real Estate Services License #01405610

Intero Real Estate Services

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $10,475

Year Built

  • Built in 2017

Lot Details

  • 1,960

HOA Fees

  • $226 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Modern Architecture

Interior Spaces

  • 2,427 Sq Ft Home
  • 2-Story Property
  • Whole House Fan
  • Dining Area
  • Den
  • Park or Greenbelt Views
  • Attic Fan

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dual Sinks
  • Soaking Tub in Primary Bathroom
  • Bathtub with Shower
  • Oversized Bathtub in Primary Bathroom
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Features

  • Solar Power System
  • Balcony
  • End Unit
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 764-64-063

Community Details

Overview

  • Association fees include common area electricity, exterior painting, maintenance - common area
  • Solera Ranch HOA
  • Built by Solera Ranch

Amenities

  • Community Barbecue Grill

Recreation

  • Community Playground

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$10,475

Year Built

Built in 2017

Lot Details

0

HOA Fees

$226 per month

Parking

2

Listing Details

  • Subclass: Townhouse
  • Style: Modern / High Tech
  • Restrictions: Pets - Allowed, Pets - Rules
  • Listing Class: Residential
  • Structure Sq Ft: 2427
  • Complex Name: Solera Ranch
  • Incorporated: Yes
  • Year Built: 2017
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Family Room: No Family Room
  • Dining Room: Breakfast Bar, Dining Area
  • Kitchen: Dishwasher, Garbage Disposal, Hood Over Range, Island, Island with Sink, Microwave, Oven Range - Electric, Pantry, Refrigerator
  • Living Sq Ft: 2427
  • Stories: 2
  • Bedrooms: Primary Suite / Retreat, Walk-in Closet
  • Laundry: Dryer, Inside, Washer
  • Flooring: Carpet, Hardwood
  • Additional Rooms: Den / Study / Office, Laundry Room
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Primary - Oversized Tub, Primary - Stall Shower(s), Shower over Tub - 1, Stall Shower, Tub

Exterior Features

  • View: Park
  • Yard/Grounds: Balcony / Patio

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Central AC, Whole House / Attic Fan
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 226
  • HOA Amenities: BBQ Area, Playground
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Exterior Painting, Maintenance - Common Area
  • H O A Name Text: Solera Ranch HOA
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Walk-in Closet

Lot Info

  • Parcel Number: 764-64-063

Green Features

  • Energy Features: Attic Fan, Solar Power

Multi Family

  • Utilities: Public Utilities
  • Unit Features: End Unit

MLS Schools

  • High School District Text: Morgan Hill Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2024
Closed on
May 22, 2024
Sold by
Muya Family Trust and Muya Jeffrey L
Bought by
Abghari Ali and Adabi Bita
Seller's Agent
Tony Sum
Upswing Real Estate
Buyer's Agent
Stella Benjamin
Intero Real Estate Services
List Price
$1,250,000
Sold Price
$1,250,000
Views
25
Current Estimated Value
$1,218,039

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$31,961
Avg. Annual Appreciation
-1.85%
Original Mortgage
$1,000,000
Outstanding Balance
$983,947
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$234,092
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Abghari Ali $1,250,000 Fidelity National Title Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abghari Ali $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2024 06/03/24 Sold $1,250,000 0.0% $515 / Sq Ft
05/02/2024 05/02/24 Pending -- -- --
04/24/2024 04/24/24 For Sale $1,250,000 -- $515 / 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 $10,475 $1,275,000 $637,500 $637,500
2024 $10,475 $920,635 $465,895 $454,740
2023 $10,340 $902,584 $456,760 $445,824
2022 $10,254 $884,887 $447,804 $437,083
2021 $9,733 $851,000 $430,600 $420,400
2020 $9,403 $834,000 $422,000 $412,000
2019 $9,954 $841,807 $426,003 $415,804
2018 $10,105 $835,301 $417,650 $417,651
2017 $0 $93,088 $93,088 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81962893

MLSListings

APN: 764-64-063