NOT LISTED FOR SALE

18281 Carriage Dr Morgan Hill, CA 95037

4 Beds
2 Baths
2,176 Sq Ft
8,786 Sq Ft Lot

Last Sold October 29, 2021

Last sale price $1,220,000 $561 Per Sq Ft

5 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • 1-Story Property
  • 3-minute walk to Mirasol Park
  • Ann Sobrato High School Rated A

About This Home

As of October 2021

Rare Duplex unit in desirable west-side Morgan Hill. Located near the base of the picturesque foothills of peaceful Llagas Valley, these units typically only come available on the market every couple of years or so. Each unit has its own attached 1 car private garage, full kitchen, and private fenced back yard. Close to downtown Morgan Hill's thriving restaurants, farmers markets, and night life with 101 also only minutes away. Plenty of available parking and walking paths in this serene established neighborhood. Great opportunity for investor to own and continue to rent out both units, or for the homeowner who wishes to live in one of the units and rent out the other to cover their expenses.

Last Agent to Sell the Property

Matt Telfer

South County Realty Mh License #01363041 Listed on: 10/01/2021

Last Buyer's Agent

Cristina Mendoza

Intero Real Estate Services License #01412456

Intero Real Estate Services

Property Details

Home Type

  • Multi-Family

Year Built

  • 1977

Lot Details

  • 8,786

Parking

  • 1 Car Garage

Home Design

  • Duplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,176 Sq Ft Home
  • 1-Story Property

Additional Features

  • 8,786 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $41,400

Community Details

Overview

Building Details

  • 2 Leased Units
  • Gardener Expense $1,200
  • Insurance Expense $1,257
  • Maintenance Expense $1,500
  • Manager Expense $2,898
  • Utility Expense $2,100
  • Operating Expense $13,434
  • Gross Income $41,400

Property Details

Home Type

Multi-Family

Year Built

1977

Lot Details

0

Parking

1

Listing Details

  • Zoning: R3
  • Subclass: Duplex
  • Age: 44
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2176
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1977

Interior Features

  • Living Sq Ft: 2176
  • Stories: 1

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage, Parking Area

Utilities

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

Schools

  • School District: Morgan Hill Unified

Lot Info

  • Lot Acres: 0.2017
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8786.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8786.00

Rental Info

  • Existing Lease Term(s): Month To Month, Security Deposit
  • Gross Rent Multiplier: 28.99
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1257
  • Expense Landscape: 1200
  • Expense Maintenance: 1500
  • Expense Management: 2898
  • Expenses Total: 13434
  • Expenses Utility: 2100
  • Income Annual Gross: 41400.00
  • Income Annual Rental: 41400
  • Income Gross Scheduled: 41400
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Management, Services - Gardener, Services - Sewer, Utilities - Water
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Gas

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

Property History

Date Event Price Change Sq Ft Price
10/29/2021 10/29/21 Sold $1,220,000 +1.7% $561 / Sq Ft
10/07/2021 10/07/21 Pending -- -- --
10/01/2021 10/01/21 For Sale $1,200,000 -- $551 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Matt Telfer

    Seller's Agent in 2021

    Matt Telfer

    South County Realty Mh

    (408) 691-1982

    33 in this area

    55 Total Sales

    Matt Telfer
    Section Image
  • Cristina Mendoza

    Buyer's Agent in 2021

    Cristina Mendoza

    Intero Real Estate Services

    (408) 910-4950

    2 in this area

    36 Total Sales

    Cristina Mendoza
    Section Image

  • A

    Buyer Co-Listing Agent in 2021

    Amparo Mendoza Patino

    Intero Real Estate Services

    (408) 421-2535

    2 in this area

    18 Total Sales

    Amparo Mendoza Patino
    Section Image
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Map

Source: MLSListings

MLS Number: ML81865122

MLSListings

APN: 764-41-031

California Santa Clara County Morgan Hill 95037

18281 Carriage Dr, Morgan Hill, CA

This home is located at 18281 Carriage Dr, Morgan Hill, CA 95037 since 01 October 2021. This property was built in 1977. 18281 Carriage Dr is a home located in Santa Clara County with nearby schools including P.A. Walsh STEAM Academy, Martin Murphy Middle School, and Ann Sobrato High School.

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