NOT LISTED FOR SALE

16931 Sorrel Way Morgan Hill, CA 95037

Estimated Value: $674,000 - $727,480

3 Beds
2 Baths
1,453 Sq Ft
$430/mo HOA Fee

Last Sold January 14, 2022

Last sale price $660,000 $454 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,861/month

5 Days on Market

Highlights

  • Private Pool
  • 1 Car Attached Garage
  • Family or Dining Combination
  • Open to Family Room
  • Forced Air Heating and Cooling System
  • Washer and Dryer

About This Home

As of January 2022

Charming top floor condo in highly sought after Morgan Hill neighborhood! Incredible starter home with high rental potential, minutes away from 101, the trendy downtown area and tons of walking/biking trails. Boasting an open concept floor plan with real privacy, natural lighting, turn-key with updated laminate floors, modern bathrooms, recessed lights, newer paint, high ceilings and your own balcony! A warm fireplace, one car covered garage, plus an assigned parking spot, tennis court, club house and swimming pool! In-unit laundry, lush green landscaping with easy commute access. Ideal for anyone looking to work from home with enough space for an office. Next to award winning schools, this is a must see home!

Last Agent to Sell the Property

Yasir Aladdin

Compass License #02003197 Listed on: 12/09/2021

Compass

Last Buyer's Agent

Lynne Olenak

Christie's International Real Estate Sereno License #01260695

Christie's International Real Estate Sereno

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,883

Year Built

  • 1987

Lot Details

  • 1,742

HOA Fees

  • $430 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Assigned Parking

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,453 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Family or Dining Combination
  • Laminate Flooring
  • Washer and Dryer

Kitchen

  • Open to Family Room
  • Electric Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms

Additional Features

  • Private Pool
  • Forced Air Heating and Cooling System

Community Details

Overview

  • Association fees include common area electricity, exterior painting, insurance - common area, maintenance - common area, pool spa or tennis, reserves, roof
  • Morgan Village HOA

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,883

Year Built

1987

Lot Details

0

HOA Fees

$430 per month

Parking

1

Listing Details

  • Zoning: R2PD
  • Subclass: Condominium
  • 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: Kitchen / Family Room Combo
  • Fireplace: Gas Starter, Wood Burning
  • Dining Room: Dining Area In Family Room
  • Kitchen: Dishwasher, Oven - Electric, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 1453
  • Stories: 1
  • Laundry: Washer / Dryer
  • Flooring: Laminate
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Updated Bath

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Pool Description: Yes
  • Roof: Composition
  • Pool: Community Facility, Pool - In Ground

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Complex Name: Morgan Village HOA
  • HOA Fees: 430
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Exterior Painting, Insurance - Common Area, Maintenance - Common Area, Pool, Spa, Or Tennis, Reserves, Roof
  • HOA Exist: Yes
  • H O A Name Text: Morgan Village HOA

Schools

  • School District: Morgan Hill Unified
  • Elementary School: Jackson Academy of Math and Music
  • High School: Live Oak High
  • High School: 308
  • Elementary School: 297

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2021
Closed on
Dec 29, 2021
Sold by
Castello Exempt Marital Trust and Castello Family Trust
Bought by
Takatsuka Ryan
Seller's Agent
Yasir Aladdin
Compass
Buyer's Agent
Lynne Olenak
Christie's International Real Estate Sereno
List Price
$660,000
Sold Price
$660,000
Current Estimated Value
$711,870

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,870
Avg. Annual Appreciation
2.26%
Original Mortgage
$593,934
Outstanding Balance
$548,080
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$169,045

Purchase Details

Listed on
Sep 17, 2019
Closed on
Nov 6, 2019
Sold by
Darnell Marc and Darnell Marites
Bought by
Castello Raymond V and Castello Exempt Marital Trust
Seller's Agent
Debbie Adamo
Coldwell Banker Realty
Buyer's Agent
Paul Middione
The Property Network
List Price
$585,000
Sold Price
$580,000
Premium/Discount to List
-$5,000
-0.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.14%

Purchase Details

Closed on
Oct 11, 2010
Sold by
Goodspeed Elizabeth P
Bought by
Darnell Marc and Darnell Marites

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,213
Interest Rate
4.26%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 9, 2004
Sold by
Kono Peter C and Kono Annette T
Bought by
Goodspeed Elizabeth P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,400
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 27, 1996
Sold by
Mcdonough James K and Mcdonough Kara L
Bought by
Kono Peter C and Kono Annette T

Purchase Details

Closed on
Feb 6, 1996
Sold by
Naumann Joel C and Naumann Sharon L
Bought by
Mcdonough James K and Mcdonough Kara L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,920
Interest Rate
7.14%
Mortgage Type
Assumption
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
Takatsuka Ryan $660,000 Old Republic Title
Castello Raymond V $580,000 Chicago Title Company
Darnell Marc $285,000 Chicago Title Company
Goodspeed Elizabeth P $403,000 Chicago Title
Kono Peter C $164,000 American Title Ins Co
Mcdonough James K $146,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Takatsuka Ryan $593,934
Previous Owner Darnell Marc $281,213
Previous Owner Goodspeed Elizabeth P $322,400
Previous Owner Mcdonough James K $148,920
Closed Goodspeed Elizabeth P $60,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2022 01/14/22 Sold $660,000 0.0% $454 / Sq Ft
12/15/2021 12/15/21 Pending -- -- --
12/09/2021 12/09/21 For Sale $660,000 +13.8% $454 / Sq Ft
11/14/2019 11/14/19 Sold $580,000 -0.9% $399 / Sq Ft
10/25/2019 10/25/19 Pending -- -- --
10/16/2019 10/16/19 For Sale $585,000 0.0% $403 / Sq Ft
10/06/2019 10/06/19 Pending -- -- --
09/17/2019 09/17/19 For Sale $585,000 -- $403 / 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 $7,883 $700,396 $350,198 $350,198
2024 $7,883 $686,664 $343,332 $343,332
2023 $7,783 $673,200 $336,600 $336,600
2022 $6,942 $597,728 $298,864 $298,864
2021 $6,769 $586,008 $293,004 $293,004
2020 $6,606 $580,000 $290,000 $290,000
2019 $3,876 $327,317 $147,235 $180,082
2018 $3,887 $320,900 $144,349 $176,551
2017 $3,849 $314,609 $141,519 $173,090
2016 $3,599 $308,442 $138,745 $169,697
2015 $3,560 $303,809 $136,661 $167,148
2014 $3,595 $297,858 $133,984 $163,874
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81872171

MLSListings

APN: 817-67-036