NOT LISTED FOR SALE

Estimated Value: $318,397 - $1,758,000

0.62 Acre
$1,673,705 Price per Acre
27,020 Sq Ft Lot

Sale Details

Date Sold: December 13, 2022

Last sale price $285,000

Est. 264% increase in value since last sale

Current estimated payment $5,993 / mo

70 Days on Market

Highlights

  • Lake View
  • 0.62 Acre Lot
  • Partially Fenced Property

About This Lot

As of December 2022

This is your opportunity to own one of the few remaining vacant lots in prestigious Holiday Lake Estates. This serene large-lot subdivision is nestled in Morgan Hill's desirable east side foothills with Finley Ridge as a picturesque backdrop. The community offers a one-of-a-kind setting that's the ideal location to recharge after a long day in Silicon Valley. Morgan Hill has quickly become South County's #1 destination, with a vibrant downtown & rich agricultural history. Given the direction that Morgan Hill is heading, purchasing this land may prove to be a wise investment. This beautiful oak studded lot is over 27,000 SqFt, offers great views & is situated in City of Morgan Hill services area. With a 6 month median sale price of $1.6M+ in the Holiday Lake/Jackson Oaks area, this could be a great opportunity. Seller has TOPO map & a letter from City confirming availability of sewer & water, but buyer would need to perform any additional desired investigation regarding development.

Last Agent to Sell the Property

David Frazer

Coldwell Banker Realty License #01417036 Listed on: 09/01/2022

Coldwell Banker Realty

Last Buyer's Agent

RECIP

Out of Area Office License #00000000

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Property Type

  • Land

Lot Details

  • 27,020 Sq Ft Lot
  • Partially Fenced Property
  • Hillside Location

Property Views

  • Lake
  • Hills

Utilities

  • Gas Available at Street

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include insurance - common area, maintenance - common area, maintenance - road, reserves
  • Holiday Estates Maintenance Association

Recreation

  • Electricity Available at Street

Property Details

Property Type

Land

Lot Details

0.62 Acres

Listing Details

  • Zoning: RE
  • Subclass: Residential Lot
  • Listing Class: Residential Lots & Land
  • Present Use: Residential
  • Development Status: Unimproved Land
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Hills, Lake
  • Fencing: Partial Fencing

Utilities

  • Sewer/Septic System: Sewer Available

Condo/Co-op/Association

  • HOA Fees: 73
  • Association Fees Include: Insurance - Common Area, Maintenance - Common Area, Maintenance - Road, Reserves
  • HOA Exist: Yes
  • H O A Name Text: Holiday Estates Maintenance Association

Schools

  • High School: 308

Lot Info

  • Lot Description: Grade - Hillside, Views
  • Lot Acres: 0.6203
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 27019.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 27019.00
  • Parcel Access: Paved Road, Private Road

Multi Family

  • Utilities: Electricity - Available At Street, Gas - Available At Street

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2022
Closed on
Dec 9, 2022
Sold by
Bought by
Seller's Agent
David Frazer
Coldwell Banker Realty
Buyer's Agent
RECIP
Out of Area Office
List Price
$325,000
Sold Price
$285,000
Premium/Discount to List
-$40,000
-12.31%
Views
86
Current Estimated Value
$1,038,199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$753,199
Avg. Annual Appreciation
42.64%
Original Mortgage
$228,000
Outstanding Balance
$219,525
Interest Rate
7.25%
Mortgage Type
New Conventional
Estimated Equity
$818,674

Purchase Details

Listed on
Sep 1, 2022
Closed on
Dec 5, 2022
Sold by
Bought by
Seller's Agent
David Frazer
Coldwell Banker Realty
Buyer's Agent
RECIP
Out of Area Office
List Price
$325,000
Sold Price
$285,000
Premium/Discount to List
-$40,000
-12.31%
Views
86

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Outstanding Balance
$219,525
Interest Rate
7.25%
Mortgage Type
New Conventional
Estimated Equity
$818,674

Purchase Details

Closed on
May 23, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 17, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 21, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 29, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
6.02%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 18, 1999
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Morgan Hill, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Chicago Title
$285,000 Chicago Title
-- Alliance Title Company
$350,000 Alliance Title Company
$235,000 Financial Title Company
$235,000 Fidelity National Title Ins
-- Commonwealth Land Title Co
$161,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $228,000
Closed $228,000
Closed $228,000
Previous Owner $315,000
Previous Owner $176,000
Previous Owner $15,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/13/2022 12/13/22 Sold $285,000 -5.0% --
11/11/2022 11/11/22 Pending -- -- --
11/01/2022 11/01/22 Price Changed $300,000 -7.7% --
09/01/2022 09/01/22 For Sale $325,000 -- --
Source: MLSListings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $3,440 $302,444 $302,444
2025 $3,376 $296,514 $296,514
2024 $3,376 $290,700 $290,700
2023 $3,333 $285,000 $285,000 $0
2022 $5,137 $441,874 $441,874 $0
2021 $5,008 $433,210 $433,210 $0
2020 $4,887 $428,768 $428,768 $0
2019 $5,026 $420,361 $420,361 $0
2018 $5,042 $412,119 $412,119 $0
2017 $4,995 $404,039 $404,039 $0
2016 $4,673 $396,117 $396,117 $0
2015 $4,623 $390,167 $390,167 $0
2014 $4,681 $382,525 $382,525 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81905936

MLSListings

APN: 729-42-006

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