NOT LISTED FOR SALE

18365 Serra Avenida Morgan Hill, CA 95037

Estimated Value: $2,012,843 - $2,168,000

4 Beds
3 Baths
3,118 Sq Ft
$673/Sq Ft Est. Value

Last Sold September 18, 2015

Last sale price $1,135,000 $364 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $12,809/month

52 Days on Market

Highlights

  • 2 Fireplaces
  • Granite Countertops
  • Open to Family Room
  • Nordstrom Elementary School Rated A-
  • Formal Dining Room
  • Tile Flooring

About This Home

As of September 2015

One of Morgan Hill's most sought after neighborhoods, Mission Ranch is the place you want to be! AWARD WINNING NORDSTROM SCHOOL! This home is 4 beds 3 full baths with a full bed and bath downstairs, perfect for an in law's unit or long term guest! The huge loft is perfect for a man cave, office or 5th bedroom. Enjoy the fully landscaped yard with an outdoor kitchen, gazebo, pond, hot tub, and mature trees for shade on summer nights. Entertainer's dream! Best commute location in town! This won't last!

Last Agent to Sell the Property

Todd Brown

Intero Real Estate Services License #01863454 Listed on: 07/03/2015

Intero Real Estate Services

Last Buyer's Agent

Bharath 'Kumar' Talluri

Intero Real Estate Services License #01138908

Intero Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,039

Year Built

  • Built in 2002

Lot Details

  • 7,667 Sq Ft Lot
  • Zoning described as R1

Parking

  • 3 Car Garage

Home Design

  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,118 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Fireplace With Gas Starter
  • Formal Dining Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Property has a Home Owners Association
  • Association fees include maintenance - common area
  • Mission Ranch Homeowner's Association
  • Built by Mission Ranch

Listing and Financial Details

  • Assessor Parcel Number 728-47-035

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,039

Year Built

Built in 2002

Lot Details

0

Parking

3

Listing Details

  • Subclass: Single Family Home
  • Age: 13
  • Listing Class: Residential
  • Structure Sq Ft: 3118
  • Complex Name: Mission Ranch
  • Incorporated: Yes
  • Year Built: 2002
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Gas Starter
  • Dining Room: Eat in Kitchen, Formal Dining Room
  • Kitchen: Countertop - Granite
  • Living Sq Ft: 3118
  • Stories: 2
  • Flooring: Carpet, Tile
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 3
  • Garage Max: 3
  • Garage Min: 3
  • Garage Parking Features: Attached Garage

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 60
  • Association Fees Include: Maintenance - Common Area
  • H O A Name Text: Mission Ranch Homeowner's Association
  • H O A Exist: Yes

Schools

  • School District: Morgan Hill Unified
  • Elementary School: Nordstrom Elementary
  • Middle School: Martin Murphy Middle
  • High School: Live Oak High
  • High School: 308
  • Elementary School: 301
  • Middle School: 306

Lot Info

  • Parcel Number: 728-47-035
  • Lot Acres: 0.1760
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7647.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7647.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Morgan Hill Unified
  • Elementary School Text: Nordstrom Elementary
  • High School Text: Live Oak High
  • Middle School Text: Martin Murphy Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 13, 2015
Sold by
Spencer Les L and Spencer Joan M
Bought by
Rao Sharad and Rao Smita
Current Estimated Value
$2,120,955

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$710,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 13, 2007
Sold by
Spencer Les and Spencer Joan
Bought by
Spencer Les L and Spencer Joan M

Purchase Details

Closed on
Jul 5, 2002
Sold by
Mission Ranch Lp
Bought by
Spencer Les and Spencer Joan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,900
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 31, 2000
Sold by
Rao Sharad and Rao Smita
Bought by
The Rao Family Revocable Trust and Rao Smita S
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Rao Sharad $1,135,000 Old Republic Title Company
Spencer Les L -- None Available
Spencer Les $787,500 First American Title Guarant
The Rao Family Revocable Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rao Sharad V $647,500
Closed Rao Sharad V $100,000
Previous Owner Rao Sharad $710,000
Previous Owner Spencer Lee $550,900
Previous Owner Spencer Les $550,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2015 09/18/15 Sold $1,135,000 -1.3% $364 / Sq Ft
08/24/2015 08/24/15 Pending -- -- --
08/22/2015 08/22/15 Price Changed $1,149,888 -2.2% $369 / Sq Ft
08/19/2015 08/19/15 For Sale $1,175,888 0.0% $377 / Sq Ft
07/22/2015 07/22/15 Pending -- -- --
07/03/2015 07/03/15 For Sale $1,175,888 -- $377 / Sq Ft
Source: MLSListings

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 $15,039 $1,348,997 $604,443 $744,554
2024 $15,039 $1,322,547 $592,592 $729,955
2023 $14,844 $1,296,616 $580,973 $715,643
2022 $14,595 $1,271,193 $569,582 $701,611
2021 $14,228 $1,246,268 $558,414 $687,854
2020 $13,882 $1,233,490 $552,689 $680,801
2019 $14,277 $1,209,304 $541,852 $667,452
2018 $14,261 $1,180,593 $531,228 $649,365
2017 $14,126 $1,157,445 $520,812 $636,633
2016 $13,232 $1,134,750 $510,600 $624,150
2015 $11,114 $948,397 $331,394 $617,003
2014 $10,825 $892,000 $311,700 $580,300
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2015

    Todd Brown

    Intero Real Estate Services

    Section Image
  • Bharath 'Kumar' Talluri

    Buyer's Agent in 2015

    Bharath 'Kumar' Talluri

    Intero Real Estate Services

    (408) 888-8959

    1 in this area

    63 Total Sales

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Map

Source: MLSListings

MLS Number: ML81483263

MLSListings

APN: 728-47-035

California Santa Clara County Morgan Hill 95037

18365 Serra Avenida, Morgan Hill, CA

This home is located at 18365 Serra Avenida, Morgan Hill, CA 95037 since 03 July 2015 and is currently estimated at $2,098,461, approximately $673 per square foot. This property was built in 2002. 18365 Serra Avenida is a home located in Santa Clara County with nearby schools including Nordstrom Elementary School, Martin Murphy Middle School, and Live Oak High School.

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