NOT LISTED FOR SALE

16988 Sorrel Way Morgan Hill, CA 95037

Estimated Value: $619,000 - $712,000

2 Beds
2 Baths
1,104 Sq Ft
$430/mo HOA Fee

Last Sold November 19, 2021

Last sale price $605,000 $548 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,526/month

8 Days on Market

Highlights

  • Private Pool
  • Clubhouse
  • Sauna
  • Mountain View
  • Wood Flooring
  • Granite Countertops

About This Home

As of November 2021

Spacious and bright 2 bed, 2 bath, 1,104 sq. ft. condo in the upscale Morgan Village community perfectly situated at the foothills of Morgan Hill with lush greens, hill views, and a quiet setting. Great layout with an open floorplan, expansive rooms, a large balcony, and amazing hill views. Beautiful kitchen with granite countertops, cherrywood cabinets, and stainless-steel appliances that open to the dining area with gleaming hardwood floors. Large master en suite features bay windows, two large closets with custom built-in organizers, lots of natural light, and double sinks. Additional amenities that provide extra convenience and comfort are washer and dryer in unit, central AC, a cozy fireplace, and two car tandem garage. Morgan Village community amenities include three swimming pools, spas, tennis courts, clubhouses, and greenbelts. Ideal and central location, close to foothills, parks, lakes, Morgan Hill Sports Center, Morgan Hill downtown, shopping, dining, and freeways.

Last Agent to Sell the Property

Kei Group

Compass License #70010147 Listed on: 10/20/2021

Last Buyer's Agent

soraya saadieh

Intero Real Estate Services License #01772101

Intero Real Estate Services

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,236

Year Built

  • 1987

Lot Details

  • 1,133

HOA Fees

  • $430 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Tandem Parking
  • Uncovered Parking
  • Off-Street Parking

Property Views

  • Mountain
  • Hills

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,104 Sq Ft Home
  • 1-Story Property
  • Fireplace With Gas Starter
  • Combination Dining and Living Room

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Dual Sinks
  • Bathtub with Shower
  • Bathtub Includes Tile Surround

Laundry

  • Laundry in unit
  • Washer and Dryer

Outdoor Features

  • Private Pool
  • Balcony

Utilities

  • Forced Air Heating and Cooling System

Community Details

Overview

  • Association fees include common area electricity, common area gas, exterior painting, insurance - common area, insurance - liability, maintenance - common area, management fee, pool spa or tennis, reserves, roof
  • 221 Units
  • Compass Management Group Association

Amenities

  • Sauna
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,236

Year Built

1987

Lot Details

0

HOA Fees

$430 per month

Parking

2

Listing Details

  • Zoning: R2PD
  • Subclass: Condominium
  • Age: 34
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 221
  • Structure Sq Ft: 1104
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1987

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Starter
  • Dining Room: Dining Area In Living Room
  • Kitchen: Countertop - Granite, Dishwasher, Microwave, Oven Range - Electric, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 1104
  • Stories: 1
  • Laundry: Inside, Washer / Dryer
  • Flooring: Carpet, Hardwood, Tile
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Double Sinks, Shower Over Tub - 1, Tile, Updated Bath

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Yes
  • Roof: Composition
  • View: Hills, Mountains
  • Yard/Grounds: Balcony / Patio
  • Pool: Community Facility

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 1
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Off-Street Parking, Tandem Parking, Uncovered Parking

Utilities

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

Condo/Co-op/Association

  • Complex Name: Morgan Village
  • HOA Fees: 430
  • HOA Amenities: Club House, Community Pool, Sauna / Spa / Hot Tub, Tennis Court / Facility
  • HOA Documents: Articles Of Incorporation, Budget, Bylaws, Cc&rs, Financial Statement, Minutes, Reserve Study, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Common Area Gas, Exterior Painting, Insurance - Common Area, Insurance - Liability, Maintenance - Common Area, Management Fee, Pool, Spa, Or Tennis, Reserves, Roof
  • HOA Exist: Yes
  • H O A Name Text: Compass Management Group

Schools

  • School District: Morgan Hill Unified
  • Elementary School: Jackson Academy of Math and Music
  • Middle School: Lewis H. Britton Middle
  • High School: Live Oak High
  • High School: 308
  • Elementary School: 297
  • Middle School: 305

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2021
Closed on
Nov 16, 2021
Sold by
Vyshetsky Marina and Vyshetsky Dmitry
Bought by
Vossough Nadia and Vahabi Babak
Seller's Agent
Kei Group
Compass
Buyer's Agent
soraya saadieh
Intero Real Estate Services
List Price
$598,000
Sold Price
$605,000
Premium/Discount to List
$7,000
1.17%
Current Estimated Value
$658,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,820
Avg. Annual Appreciation
3.09%
Original Mortgage
$484,000
Outstanding Balance
$445,361
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$235,334

Purchase Details

Closed on
Jan 24, 2018
Sold by
Xchange Solutins Inc
Bought by
Vyshetsky Marina and Vyshetsky Dmitry

Purchase Details

Listed on
Jun 25, 2017
Closed on
Oct 30, 2017
Sold by
Downing Adam
Bought by
Xchange Solutions Inc
Seller's Agent
Christine Kinsley
Berkshire Hathaway HomeServices-Drysdale Properties
Buyer's Agent
Nellie Jorge
Berkshire Hathaway HomeService
List Price
$535,000
Sold Price
$490,000
Premium/Discount to List
-$45,000
-8.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.24%

Purchase Details

Closed on
Jan 26, 2007
Sold by
Downing Adam and Downing Adam P
Bought by
Downing Adam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Interest Rate
6.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 2000
Sold by
Norton Alice C
Bought by
Downing Adam P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
9.75%

Purchase Details

Closed on
Jan 17, 1996
Sold by
Carmichael Shirley K
Bought by
Norton Alice C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.18%
Source: Public Records

Range of Values:

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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
Vossough Nadia $605,000 Chicago Title Company
Vyshetsky Marina $490,000 Chicago Title Co
Xchange Solutions Inc $490,000 Chicago Title Company
Downing Adam -- Alliance Title Company
Downing Adam P $290,000 Old Republic Title Company
Norton Alice C $130,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vossough Nadia $484,000
Previous Owner Downing Adam $372,000
Previous Owner Downing Adam P $232,000
Previous Owner Norton Alice C $90,000
Closed Downing Adam P $58,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2021 11/19/21 Sold $605,000 +1.2% $548 / Sq Ft
10/29/2021 10/29/21 Pending -- -- --
10/20/2021 10/20/21 For Sale $598,000 +22.0% $542 / Sq Ft
10/31/2017 10/31/17 Sold $490,000 -8.4% $444 / Sq Ft
08/30/2017 08/30/17 Pending -- -- --
06/25/2017 06/25/17 For Sale $535,000 -- $485 / 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 $7,236 $642,030 $321,015 $321,015
2024 $7,236 $629,442 $314,721 $314,721
2023 $7,144 $617,100 $308,550 $308,550
2022 $7,025 $605,000 $302,500 $302,500
2021 $5,964 $515,076 $257,538 $257,538
2020 $5,820 $509,796 $254,898 $254,898
2019 $5,985 $499,800 $249,900 $249,900
2018 $6,004 $490,000 $245,000 $245,000
2017 $4,601 $376,506 $150,600 $225,906
2016 $4,304 $369,125 $147,648 $221,477
2015 $4,257 $363,582 $145,431 $218,151
2014 $4,305 $356,461 $142,583 $213,878
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81867551

MLSListings

APN: 817-67-043