NOT LISTED FOR SALE

17641 Crest Ave Morgan Hill, CA 95037

8 Beds
-- Bath
2,764 Sq Ft
8,276 Sq Ft Lot

Last Sold May 29, 2014

Last sale price $835,000 $302 Per Sq Ft

50 Days on Market

Highlights

  • Neighborhood Views
  • Level Lot
  • 2-minute walk to Galvan Park
  • Guest Parking
  • Carpet

About This Home

As of May 2014

Location! Rental hotspot in Morgan Hill. The fourplex is nicely situated on southern most side of Crest Ave next to a church and elementary school with Galvan Park directly across the street. NOT IN SOUTH COUNTY HOUSING HOA PROGRAM.

Last Agent to Sell the Property

Teri Fortino

Intero Real Estate Services License #01061765 Listed on: 03/31/2014

Intero Real Estate Services

Last Buyer's Agent

Scott Poncetta

Intero Real Estate Services License #01497030

Intero Real Estate Services

Property Details

Home Type

  • Multi-Family

Year Built

  • 1963

Lot Details

  • Level Lot

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 2,764 Sq Ft Home
  • 2-Story Property
  • Neighborhood Views

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Parking

  • Carport
  • Guest Parking

Utilities

  • Wall Furnace
  • Heating System Uses Gas
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $46,751
  • The owner pays for electric, garbage, services - gardener/landscaping, gas, water

Community Details

Overview

  • 2,764 Sq Ft Building

Building Details

  • Gardener Expense $1,200
  • Maintenance Expense $1,101
  • Manager Expense $4,208
  • Other Expense $3,490
  • Utility Expense $1,084
  • Trash Expense $2,281
  • Operating Expense $17,545
  • Gross Income $46,751

Property Details

Home Type

Multi-Family

Year Built

1963

Lot Details

8,276 Sq Ft Lot

Listing Details

  • Zoning: R3
  • Subclass: Fourplex
  • Inspections Reports: Fault Zone, Flood Zone
  • Sale Price Per Sq Ft: 302.10
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 4
  • Min Numberof Unitsin Complex: 4
  • Structure Sq Ft: 2764
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1963

Interior Features

  • Kitchen: Dishwasher, Garbage Disposal, Varies By Unit, Oven Range, Refrigerator
  • Living Sq Ft: 2764
  • Stories: 2
  • Laundry: Laundry - No
  • Flooring: Carpet - Area, Vinyl / Linoleum, Carpet

Exterior Features

  • Roof: Composition
  • View: Local/Neighborhood

Garage/Parking

  • Garage Parking Features: Guest / Visitor Parking, Carport

Utilities

  • Heating System: Wall Furnace, Gas
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Lot Info

  • Lot Description: Grade - Level, Grade - Sloped Up
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8282.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 8282.00
  • Lot Size Area Min Search: 8282.00
  • Maximum Lot Size: 8282.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 19.23

Multi Family

  • Expense Landscape: 1200
  • Expense Maintenance: 1101
  • Expense Management: 4208
  • Expenses Other: 3490
  • Expenses Total: 17545
  • Expenses Utility: 1084
  • Expense Trash: 2281
  • Expense Water Sewer: 2248
  • Income Annual Gross: 46751.00
  • Income Annual Rental: 46751
  • Income Gross Scheduled: 46751
  • Income Includes: Lease
  • Maximum Building Height: 2
  • Meters: Separate Electric, Separate Gas, Master Electric, Master Gas, Master Water
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Utilities - Electric, Services - Trash Removal, Services - Gardener, Utilities - Gas, Utilities - Water, Insurance, Accounting/Legal, Maintenance - Repair, Fee - Property Management, Fee - Property Tax
  • Owner Pays: Electric, Garbage, Services - Gardener/Landscaping, Gas, Water
  • Tenant Expenses: Cable Tv
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2014 05/29/14 Sold $835,000 -7.1% $302 / Sq Ft
05/20/2014 05/20/14 Pending -- -- --
03/31/2014 03/31/14 For Sale $899,000 -- $325 / Sq Ft
Source: MLSListings

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 $11,588 $1,023,586 $710,996 $312,590
2024 $11,588 $1,003,516 $697,055 $306,461
2023 $11,440 $983,840 $683,388 $300,452
2022 $11,250 $964,550 $669,989 $294,561
2021 $10,970 $945,638 $656,852 $288,786
2020 $10,706 $935,942 $650,117 $285,825
2019 $11,008 $917,591 $637,370 $280,221
2018 $11,043 $899,600 $624,873 $274,727
2017 $10,940 $881,962 $612,621 $269,341
2016 $10,252 $864,669 $600,609 $264,060
2015 $10,144 $851,682 $591,588 $260,094
2014 $1,939 $145,076 $33,148 $111,928
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81410286

MLSListings

APN: 764-18-010

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