NOT LISTED FOR SALE

173 Banano Ln Morgan Hill, CA 95037

Estimated Value: $913,000 - $1,140,000

3 Beds
2 Baths
1,468 Sq Ft
$191/mo HOA Fee

Last Sold March 10, 2022

Last sale price $995,000 $678 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $6,141/month

5 Days on Market

Highlights

  • Contemporary Architecture
  • End Unit
  • Stone Countertops
  • Ann Sobrato High School Rated A
  • Corner Lot
  • Family Room Off Kitchen

About This Home

As of March 2022

3 beds/2 bath - Gorgeous townhome/condo in the perfect neighborhood of Morgan Hill. Built in 2017 with a very classy and modern design touch by Solera Ranch. All rooms and living areas are on second floor, first floors features the 2-car garage and a closet at the bottom of the stair case. Laundry room with closets, HUGE kitchen with granite counter tops. It's the perfect home with a family friendly neighborhood. Sunlight hits all rooms with an amazing mountain view from the balcony. Water softener and Reverse osmosis system are just a great added value to this lovely home. This home won't last on the market, there is nothing like it now in Morgan Hill. Let's make this sweet home yours ! :-)

Last Agent to Sell the Property

Waseem Rabih

Waseem Rabih, Re Broker License #01740892 Listed on: 02/06/2022

Last Buyer's Agent

Caroline Hobbs

Reward Realty License #01901869

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,868

Year Built

  • Built in 2017

Lot Details

  • End Unit

HOA Fees

  • $191 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Entry on the 2nd floor
  • Stucco

Interior Spaces

  • 2-Story Property
  • Family Room Off Kitchen

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Home Security

Utilities

  • Forced Air Heating and Cooling System
  • Water Filtration System
  • Water Softener

Community Details

Overview

  • Association fees include common area maintenance
  • 76 Units
  • Association Phone (408) 782-1222
  • Built by Solera Ranch

Recreation

  • Park

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,868

Year Built

Built in 2017

Lot Details

0

HOA Fees

$191 per month

Parking

2

Listing Details

  • Stories: 2
  • Year Built: 2017
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.045
  • Subdivision Name: None
  • Directions: Off of Old Monterey Road.
  • Architectural Style: Contemporary
  • Building Name: Not Listed
  • Carport Y N: No
  • Entry Level: 2
  • Garage Yn: Yes
  • Unit Levels: Two Story
  • New Construction: No
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Laminate, Carpet
  • Appliances: Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Water Filter System, Water Softener
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Kitchen/Family Combo, Stone Counters, Kitchen Island
  • Room Kitchen Features: Counter - Stone, Dishwasher, Electric Range/Cooktop, Garbage Disposal, Island, Microwave, Refrigerator

Exterior Features

  • Lot Features: Corner Lot
  • Pool Features: None
  • Pool Private: No
  • Builder Name: Solera Ranch
  • Common Walls: Corner Unit
  • Construction Type: Stucco
  • Exterior Features: No Yard
  • Property Condition: Existing

Garage/Parking

  • Garage Spaces: 2
  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Parking Features: Attached, Garage Door Opener

Utilities

  • Heating: Forced Air
  • Cooling: Central Air
  • Laundry Features: Hookups Only, Laundry Room, In Unit
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: No Solar
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Park
  • Association Fee: 191
  • Association Fee Frequency: Monthly
  • Association Name: NOT LISTED
  • Phone: 408-782-1222
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Common Area Maint, Other

Schools

  • Senior High School District: Morgan Hill Unified

Lot Info

  • Lot Size Sq Ft: 1942
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 76

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2022
Closed on
Mar 2, 2022
Sold by
Noujaim and Majida
Bought by
Araya Gebrekiros G and Abay Helen B
Seller's Agent
Waseem Rabih
Waseem Rabih, Re Broker
Buyer's Agent
Caroline Hobbs
Reward Realty
List Price
$898,888
Sold Price
$995,000
Premium/Discount to List
$96,112
10.69%
Current Estimated Value
$979,730

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,270
Avg. Annual Appreciation
-0.42%
Original Mortgage
$796,000
Outstanding Balance
$743,721
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$236,009

Purchase Details

Listed on
Feb 6, 2022
Closed on
Feb 17, 2022
Sold by
Andrew Noujaim
Bought by
Noujaim Andrew and Noujaim Majida
Seller's Agent
Waseem Rabih
Waseem Rabih, Re Broker
Buyer's Agent
Caroline Hobbs
Reward Realty
List Price
$898,888
Sold Price
$995,000
Premium/Discount to List
$96,112
10.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$796,000
Outstanding Balance
$743,721
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$236,009

Purchase Details

Closed on
Jul 24, 2017
Sold by
Kardosh Majida
Bought by
Noujaim Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,809
Interest Rate
3.96%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Araya Gebrekiros G $995,000 First American Title
Noujaim Andrew -- First American Title
Noujaim Andrew -- Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Araya Gebrekiros G $796,000
Previous Owner Noujaim Andrew $550,809
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2025 02/04/25 Off Market $995,000 -- --
03/10/2022 03/10/22 Sold $995,000 +10.7% $678 / Sq Ft
02/11/2022 02/11/22 Pending -- -- --
02/06/2022 02/06/22 For Sale $898,888 -- $612 / Sq Ft
Source: Bay East Association of REALTORS®

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 $9,868 $875,000 $437,400 $437,600
2024 $9,868 $1,034,936 $517,390 $517,546
2023 $11,695 $1,014,645 $507,246 $507,399
2022 $8,083 $694,793 $347,396 $347,397
2021 $7,883 $681,171 $340,585 $340,586
2020 $7,692 $674,187 $337,093 $337,094
2019 $7,911 $660,969 $330,484 $330,485
2018 $7,937 $648,009 $324,004 $324,005
2017 $0 $93,088 $93,088 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay East Association of REALTORS®

MLS Number: 40980341

Bay East Association of REALTORS®

APN: 764-64-062