NOT LISTED FOR SALE

16860 Barnell Ave Morgan Hill, CA 95037

8 Beds
8 Baths
4,470 Sq Ft
10,380 Sq Ft Lot

Last Sold May 12, 2021

Last sale price $2,400,000 $537 Per Sq Ft

15 Days on Market

Highlights

  • View of Hills
  • 4 Car Garage
  • Walk-In Closet
  • Granite Countertops
  • Entertainment System
  • Pasture

About This Home

As of May 2021

This home is located at 16860 Barnell Ave, Morgan Hill, CA 95037 since 18 March 2021. This property was built in 2017. 16860 Barnell Ave is a home located in Santa Clara County with nearby schools including Paradise Valley Elementary, Britton Middle School, and Live Oak High School.

Last Agent to Sell the Property

Stanley Perry

S.P. Commercial Real Estate, Inc License #01297180 Listed on: 03/18/2021

Last Buyer's Agent

Leticia Panuco

Intero Real Estate Services License #01506811

Intero Real Estate Services

Property Details

Home Type

  • Multi-Family

Year Built

  • 2017

Lot Details

  • 10,380 Sq Ft Lot
  • Paved or Partially Paved Lot
  • Level Lot

Parking

  • 4 Car Garage
  • Garage Door Opener

Home Design

  • Quadruplex
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • Walk-In Closet
  • 4,470 Sq Ft Home
  • 2-Story Property
  • Entertainment System
  • Laminate Flooring
  • Views of Hills
  • Washer and Dryer

Kitchen

  • Electric Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Granite Countertops

Home Security

  • Alarm System
  • Fire Sprinkler System

Farming

  • Pasture

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $128,700

Community Details

Overview

Building Details

  • 4 Leased Units
  • Gardener Expense $1,500
  • Insurance Expense $1,200
  • Maintenance Expense $3,000
  • Manager Expense $4,493
  • Other Expense $500
  • Utility Expense $500
  • Operating Expense $23,777
  • Gross Income $124,839

Security

  • Safe or Vault

Property Details

Home Type

Multi-Family

Year Built

2017

Lot Details

0

Parking

4

Listing Details

  • Zoning: R3
  • Subclass: Fourplex
  • Style: Ranch
  • Age: 4
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 4470
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 2017

Interior Features

  • Kitchen: Cooktop - Electric, Countertop - Granite, Dishwasher, Exhaust Fan, Hood Over Range, Microwave, Refrigerator
  • Living Sq Ft: 4470
  • Stories: 2
  • Security: Fire System - Sprinkler, Security Alarm, Vault
  • Laundry: Washer / Dryer
  • Flooring: Laminate

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Shingle
  • View: Hills, Pasture
  • Construction Type: Wood, Wood Frame

Garage/Parking

  • Garage Spaces: 4
  • Parking Spaces: 4
  • Garage Parking Features: Attached Garage, Common Parking Area, Detached Garage, Gate / Door Opener

Utilities

  • Cooling System: Multi-Zone
  • Heating System: Electric, Forced Air
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Video / Audio System, Walk-In Closet

Schools

  • School District: Morgan Hill Unified
  • Elementary School: Paradise Valley/Machado Elementary
  • Middle School: Lewis H. Britton Middle
  • High School: Live Oak High
  • High School: 308
  • Elementary School: 302
  • Middle School: 305

Lot Info

  • Lot Description: Grade - Level, Paved, Subdivided
  • Lot Acres: 0.2383
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 10382.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 10382.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease
  • Gross Rent Multiplier: 19.04
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 1200
  • Expense Landscape: 1500
  • Expense Maintenance: 3000
  • Expense Management: 4493
  • Expenses Other: 500
  • Expenses Total: 23777
  • Expenses Utility: 500
  • Income Annual Gross: 124839.00
  • Income Annual Rental: 128700
  • Income Gross Scheduled: 128700
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Contract Services, Fee - Property Management, Maintenance - Repair, Miscellaneous/Other, Services - Sewer, Utilities, Utilities - Water
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Utilities - Water
  • Vacancy Factor: 3

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/12/2021 05/12/21 Sold $2,400,000 -2.0% $537 / Sq Ft
04/03/2021 04/03/21 Pending -- -- --
03/18/2021 03/18/21 For Sale $2,450,000 +544.7% $548 / Sq Ft
05/02/2014 05/02/14 Sold $380,000 -10.6% -- View Prior Sale
03/11/2014 03/11/14 Pending -- -- --
08/10/2013 08/10/13 For Sale $425,000 +181.5% --
07/06/2012 07/06/12 Sold $151,000 +4.9% -- View Prior Sale
06/25/2012 06/25/12 Pending -- -- --
06/08/2012 06/08/12 For Sale $144,000 -- --
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Stanley Perry

    S.P. Commercial Real Estate, Inc

    Section Image
  • Leticia Panuco

    Buyer's Agent in 2021

    Leticia Panuco

    Intero Real Estate Services

    (408) 386-4437

    2 in this area

    22 Total Sales

    Leticia Panuco
    Section Image

  • D

    Buyer Co-Listing Agent in 2021

    Don Jensen

    Don Jensen Realty

    Section Image

  • B

    Buyer Co-Listing Agent in 2021

    Becky McColley

  • M

    Seller's Agent in 2012

    Mario Martin

    Century 21 Real Estate Alliance Inc

    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81834819

MLSListings
California Santa Clara County Morgan Hill 95037

16860 Barnell Ave, Morgan Hill, CA

This home is located at 16860 Barnell Ave, Morgan Hill, CA 95037 since 18 March 2021. This property was built in 2017. 16860 Barnell Ave is a home located in Santa Clara County with nearby schools including Paradise Valley Elementary, Britton Middle School, and Live Oak High School.

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