NOT LISTED FOR SALE

16916 Sorrel Way Morgan Hill, CA 95037

Estimated Value: $693,000 - $782,000

3 Beds
2 Baths
1,453 Sq Ft
$429/mo HOA Fee

Last Sold February 19, 2021

Last sale price $643,000 $443 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,983/month

6 Days on Market

Highlights

  • Mountain View
  • Granite Countertops
  • Tandem Parking
  • Wood Flooring
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of February 2021

Spacious 3 bed, 2 bath home boast hardwood floors, new carpet, updated kitchen and a fireplace. This beautiful condo is ready has been recently painted inside and is for ready for its new home owners. Morgan Village boast many amenities which includes 3 swimming pools and a tennis court!

Last Agent to Sell the Property

Gary Palacios

Compass License #01396802 Listed on: 01/14/2021

Compass

Last Buyer's Agent

Gary Palacios

Compass License #01396802 Listed on: 01/14/2021

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,835

Year Built

  • 1987

Lot Details

  • 1,742

HOA Fees

  • $429 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Tandem Parking

Property Views

  • Mountain
  • Hills
  • Neighborhood

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,453 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Laundry in unit

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • West Facing Home
  • Forced Air Heating and Cooling System

Community Details

Overview

  • Association fees include common area electricity, exterior painting, insurance - common area, insurance - homeowners, maintenance - common area, maintenance - exterior, maintenance - unit yard, pool spa or tennis, recreation facility, reserves, roof
  • Morgan Village Association

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,835

Year Built

1987

Lot Details

0

HOA Fees

$429 per month

Parking

2

Listing Details

  • Zoning: R2PD
  • Subclass: Condominium
  • Restrictions: Age - No Restrictions, Pets - Allowed
  • Age: 34
  • Listing Class: Residential
  • Structure Sq Ft: 1453
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1987

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room, Wood Burning
  • Dining Room: Dining Area In Living Room, No Formal Dining Room
  • Kitchen: Cooktop - Electric, Countertop - Granite, Dishwasher, Garbage Disposal, Hood Over Range, Microwave, Oven Range - Electric
  • Fireplace: Yes
  • Living Sq Ft: 1453
  • Stories: 1
  • Laundry: Inside
  • Flooring: Carpet, Hardwood, Tile
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • View: Hills, Mountains, Neighborhood
  • Property Faces: West

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 1
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Common Parking Area, Parking Area, Tandem Parking

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air, Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • Complex Name: Morgan Village
  • HOA Fees: 429
  • HOA Documents: Articles Of Incorporation, Budget, Bylaws, Cc&rs, Financial Statement, Minutes, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Exterior Painting, Insurance - Common Area, Insurance - Homeowners, Maintenance - Common Area, Maintenance - Exterior, Maintenance - Unit Yard, Pool, Spa, Or Tennis, Recreation Facility, Reserves, Roof
  • HOA Exist: Yes
  • H O A Name Text: Morgan Village

Schools

  • School District: Morgan Hill Unified

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2021
Closed on
Feb 16, 2021
Sold by
Rice Amber Christine and Rice Daniel Edward
Bought by
Escobedo Katy V and Escobedo Joseph M
Seller's Agent
Gary Palacios
Compass
Buyer's Agent
Gary Palacios
Compass
List Price
$640,000
Sold Price
$643,000
Premium/Discount to List
$3,000
0.47%
Current Estimated Value
$735,755

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,755
Avg. Annual Appreciation
2.72%
Original Mortgage
$482,250
Outstanding Balance
$432,923
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$294,671

Purchase Details

Listed on
May 16, 2018
Closed on
Jun 20, 2018
Sold by
Findley Patrick and Findley Cassie
Bought by
Rice Amber Christine and Rice Danel Edward
Seller's Agent
Kathleen Davis
Coldwell Banker Realty
Buyer's Agent
Diana Dufur
Coldwell Banker Realty
List Price
$635,000
Sold Price
$620,000
Premium/Discount to List
-$15,000
-2.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.38%
Original Mortgage
$589,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 15, 2013
Closed on
Jun 17, 2013
Sold by
Andrade Jeffrey A and Andrade Dawnmarie H
Bought by
Findley Patrick and Findley Cassie
Seller's Agent
Heath Dixon
One World Estates
Buyer's Agent
Kathleen Davis
Coldwell Banker Realty
List Price
$378,888
Sold Price
$410,000
Premium/Discount to List
$31,112
8.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.62%
Original Mortgage
$389,500
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 23, 2010
Sold by
Us Bank National Association
Bought by
Andrade Jeffrey A and Andrade Dawnmarie H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,412
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 11, 2009
Sold by
Thompson Gerald E
Bought by
Us Bank National Association

Purchase Details

Closed on
May 13, 2003
Sold by
Han Michael and Han Seiyoung
Bought by
Thompson Gerald E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
8.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 12, 2002
Sold by
Reynolds John F and Reynolds Alicia M
Bought by
Han Michael and Han Seiyoung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
5.75%

Purchase Details

Closed on
Nov 12, 1998
Sold by
Lee Kathy D
Bought by
Reynolds John F and Reynolds Alicia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,000
Interest Rate
6.84%

Purchase Details

Closed on
Nov 25, 1996
Sold by
Fels Kenneth S
Bought by
Lee Kathy D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,750
Interest Rate
7.91%
Mortgage Type
VA

Purchase Details

Closed on
Nov 13, 1996
Sold by
Jane Fels Sara
Bought by
Fels Kenneth S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,750
Interest Rate
7.91%
Mortgage Type
VA

Purchase Details

Closed on
Mar 22, 1995
Sold by
Fels Kenneth S
Bought by
Fels Kenneth S and Fels Sara Jane

Purchase Details

Closed on
Jan 5, 1995
Sold by
Fels Sara Jane
Bought by
Fels Kenneth S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500
Interest Rate
9.2%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Escobedo Katy V $643,000 Chicago Title Company
Rice Amber Christine $620,000 Chicago Title Co
Findley Patrick $410,000 Old Republic Title Company
Andrade Jeffrey A $270,000 First American Title Company
Us Bank National Association $285,000 Accommodation
Thompson Gerald E $348,000 Chicago Title
Han Michael $335,000 Chicago Title Co
Reynolds John F $229,000 Fidelity National Title Co
Lee Kathy D $161,000 Old Republic Title Company
Fels Kenneth S -- Old Republic Title Company
Fels Kenneth S -- --
Fels Kenneth S -- Old Republic Title Company
Fels Kenneth S -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Escobedo Katy V $482,250
Previous Owner Rice Amber Christine $589,000
Previous Owner Findley Patrick $389,500
Previous Owner Andrade Jeffrey A $266,412
Previous Owner Thompson Gerald E $348,000
Previous Owner Han Michael $268,000
Previous Owner Reynolds John F $222,000
Previous Owner Lee Kathy D $142,750
Previous Owner Fels Kenneth S $2,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2021 02/19/21 Sold $643,000 +0.5% $443 / Sq Ft
01/21/2021 01/21/21 Pending -- -- --
01/14/2021 01/14/21 For Sale $640,000 +3.2% $440 / Sq Ft
06/25/2018 06/25/18 Sold $620,000 +3.5% $427 / Sq Ft
05/29/2018 05/29/18 Pending -- -- --
05/22/2018 05/22/18 Price Changed $599,000 -5.7% $412 / Sq Ft
05/16/2018 05/16/18 For Sale $635,000 +54.9% $437 / Sq Ft
06/25/2013 06/25/13 Sold $410,000 +8.2% $282 / Sq Ft
05/22/2013 05/22/13 Pending -- -- --
05/15/2013 05/15/13 For Sale $378,888 -- $261 / 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 $7,835 $696,000 $348,000 $348,000
2024 $7,835 $682,354 $341,177 $341,177
2023 $7,734 $668,976 $334,488 $334,488
2022 $7,606 $655,860 $327,930 $327,930
2021 $7,314 $634,000 $317,000 $317,000
2020 $6,886 $605,000 $302,500 $302,500
2019 $7,543 $632,400 $316,200 $316,200
2018 $5,447 $443,722 $221,861 $221,861
2017 $5,397 $435,022 $217,511 $217,511
2016 $5,051 $426,494 $213,247 $213,247
2015 $4,998 $420,088 $210,044 $210,044
2014 $5,061 $411,860 $205,930 $205,930
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81825859

MLSListings

APN: 817-67-055