NOT LISTED FOR SALE

180 E Edmundson Ave Morgan Hill, CA 95037

Morgan Hill Area
6 Beds
5 Baths
3,240 Sq Ft
0.3 Acre Lot

Sale Details

Date Sold: August 12, 2022

Last sale price $1,350,000 $417 Per Sq Ft

4 Days on Market

Highlights

  • Granite Countertops
  • 4 Car Detached Garage
  • Tile Flooring
  • Ann Sobrato High School Rated A
  • Storage Room
  • Guest Parking

About This Home

As of August 2022

Great OPPORTUNITY for investment! Live in one unit while the other 2 units pays the mortgage! Remodeled and mostly rebuilt approx. 2011.This is a TRI-PLEX...2 attached units 1 detached unit.Gorgeous wood grain laminate flooring, tile flooring, hardwood cabinetry, forced air conditioning in 2 units, window air conditiong in 3rd, indoor laundry in each unit, spacious and open floor plan! Granite counters in kitchens and bathrooms. Includes refrigerators, washers and dryers (and stove/oven/microwave) 2 units have 2 car garages with lots of parking space and room for RV or Boat parking. Great backyard spaces and walk-in storage crate for unit 1 and storage cottage for unit 2. This is the best TRI-PLEX in Morgan Hill//Gilroy! Great rental income! Some photos previous and some current photos.

Last Agent to Sell the Property

susan linville

Coldwell Banker Realty License #01717957 Listed on: 07/07/2022

Coldwell Banker Realty

Last Buyer's Agent

Jacqueline Banuelos

Intero Real Estate Services License #01396202

Intero Real Estate Services
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Property Details

Home Type

  • Multi-Family

Year Built

  • 1955

Lot Details

  • 12,998 Sq Ft Lot
  • Fenced
  • Sprinkler System
  • Back Yard

Parking

  • 4 Car Detached Garage
  • Guest Parking
  • On-Street Parking
  • Uncovered Parking

Home Design

  • Triplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,240 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Storage Room
  • Washer and Dryer

Kitchen

  • Electric Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Laminate
  • Tile

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Mounted To A Wall/Window
  • Vented Exhaust Fan
  • Separate Meters

Listing and Financial Details

  • Total Actual Rent $80,580

Community Details

Overview

  • 3,240 Sq Ft Building

Building Details

  • 2 Leased Units
  • Gardener Expense $1,440
  • Insurance Expense $2,149
  • Maintenance Expense $1,620
  • Manager Expense $6,446
  • Utility Expense $1,200
  • Trash Expense $1,236
  • Operating Expense $26,227
  • Gross Income $80,580

Property Details

Home Type

Multi-Family

Year Built

1955

Lot Details

0.3 Acres

Parking

4

Listing Details

  • Zoning: R3
  • Subclass: Triplex
  • Style: Ranch
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3240
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1955

Interior Features

  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Microwave, Oven - Electric, Refrigerator
  • Living Sq Ft: 3240
  • Stories: 1
  • Laundry: Hookups Only, Washer / Dryer
  • Flooring: Laminate, Tile
  • Additional Rooms: Storage

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Yard/Grounds: Back Yard, Fenced, Sprinklers - Lawn

Garage/Parking

  • Garage Spaces: 4
  • Parking Spaces: 6
  • Garage Parking Features: Detached Garage, Guest / Visitor Parking, On Street, Room For Oversized Vehicle, Uncovered Parking

Utilities

  • Cooling System: Ceiling Fan, Central Ac, Window / Wall Unit
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.2984
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 13000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 13000.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 17.24
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Public Utilities
  • Expense Insurance: 2149
  • Expense Landscape: 1440
  • Expense Maintenance: 1620
  • Expense Management: 6446
  • Expenses Total: 26227
  • Expenses Utility: 1200
  • Expense Trash: 1236
  • Income Annual Gross: 80580.00
  • Income Annual Rental: 80580
  • Income Gross Scheduled: 80580
  • Meters: Separate Electric
  • Number Of Buildings: 3
  • Operating Expenses Include: Insurance, Maintenance, Services - Gardener, Utilities - Electric, Utilities - Gas, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating

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
Jul 7, 2022
Closed on
Jul 18, 2022
Sold by
Bought by
Seller's Agent
susan linville
Coldwell Banker Realty
Buyer's Agent
Jacqueline Banuelos
Intero Real Estate Services
List Price
$1,389,000
Sold Price
$1,350,000
Premium/Discount to List
-$39,000
-2.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$638,000
Outstanding Balance
$602,682
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 14, 2021
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
$971,000
Interest Rate
2.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 15, 2019
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
$968,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 26, 2019
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
$968,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 21, 2019
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
$968,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Apr 6, 2015
Closed on
May 5, 2015
Sold by
Bought by
Seller's Agent
Janette Barsanti
Coldwell Banker Realty
Buyer's Agent
David Frazer
Coldwell Banker Realty
List Price
$899,000
Sold Price
$950,000
Premium/Discount to List
$51,000
5.67%

Purchase Details

Closed on
Dec 2, 2011
Sold by
Bought by

Purchase Details

Closed on
Nov 13, 2008
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
$255,626
Interest Rate
6.1%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 19, 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
$496,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 14, 2006
Sold by
Bought by

Purchase Details

Closed on
Apr 13, 1999
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
$75,000
Interest Rate
7.1%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$1,350,000 Cornerstone Title
-- Boston National Ttl Agcy Llc
-- None Available
-- None Available
-- Boston National Title Llc
-- Boston National Title Llc
$950,000 Cornerstone Title Company
-- None Available
$260,000 First American Title Company
$620,000 Alliance Title Company
-- None Available
-- Old Republic Title Company
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 $638,000
Previous Owner $971,000
Previous Owner $968,000
Previous Owner $255,626
Previous Owner $496,000
Previous Owner $75,000
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 Prior Sale
08/12/2022 08/12/22 Sold $1,350,000 -2.8% $417 / Sq Ft
07/12/2022 07/12/22 Pending -- -- --
07/07/2022 07/07/22 For Sale $1,389,000 +46.2% $429 / Sq Ft
05/14/2015 05/14/15 Sold $950,000 +5.7% $293 / Sq Ft View Prior Sale
04/10/2015 04/10/15 Pending -- -- --
04/06/2015 04/06/15 For Sale $899,000 -- $277 / Sq Ft
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 $16,045 $1,432,629 $392,646 $1,039,983
2025 $15,738 $1,404,540 $384,948 $1,019,592
2024 $15,738 $1,377,000 $377,400 $999,600
2023 $15,536 $1,350,000 $370,000 $980,000
2022 $12,448 $1,075,897 $271,805 $804,092
2021 $12,136 $1,054,802 $266,476 $788,326
2020 $11,842 $1,043,987 $263,744 $780,243
2019 $12,180 $1,023,518 $258,573 $764,945
2018 $12,219 $1,003,450 $253,503 $749,947
2017 $12,105 $983,776 $248,533 $735,243
2016 $11,339 $964,487 $243,660 $720,827
2015 $7,005 $588,935 $125,255 $463,680
2014 -- $577,400 $122,802 $454,598
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81899405

MLSListings

APN: 817-04-025

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