NOT LISTED FOR SALE

18407 Jade Ln Morgan Hill, CA 95037

Estimated Value: $499,000 - $630,000

1 Bed
1.5 Baths
1,090 Sq Ft
$524/Sq Ft Est. Value

Last Sold October 31, 2013

Last sale price $286,417 $263 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $3,437/month

49 Days on Market

Highlights

  • Primary Bedroom Suite
  • Clubhouse
  • Putting Green
  • Ann Sobrato High School Rated A
  • Community Pool
  • Sport Court

About This Home

As of October 2013

Beautiful 1br/1.5bath Below Market Rate (BMR) townhome in Madrone Plaza for 1st time homebuyer, must be owner occupied, has deed and resale restrictions and comes with $70K assumable down payment assistance for qualified buyer, 120% Area Median Income Maximum Limits: 1 Person = $88,200;2 People = $100,800; 3 People = $113,400; 4 People = $126,000; 5 People = $136,100

Last Agent to Sell the Property

Violeta Perez

Neighborhood Housing Services Silicon Valley License #01837105 Listed on: 07/10/2013

Last Buyer's Agent

Violeta Perez

Neighborhood Housing Services Silicon Valley License #01837105 Listed on: 07/10/2013

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,932

Year Built

  • Built in 2008

Lot Details

  • 1,612

Parking

  • 1 Car Garage

Home Design

  • Slab Foundation
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,090 Sq Ft Home
  • 2-Story Property
  • Dining Room

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • Primary Bedroom Suite
  • Walk-in Shower

Home Security

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 726-50-037

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include landscaping / gardening, pool spa or tennis, roof, common area electricity, exterior painting, fencing, garbage, insurance - common area
  • Madrone Plaza Association

Recreation

  • Sport Court
  • Community Playground
  • Community Pool
  • Putting Green

Additional Features

  • Clubhouse
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,932

Year Built

Built in 2008

Lot Details

0

Parking

1

Listing Details

  • Subclass: Townhouse
  • Age: 5
  • Sale Price Per Sq Ft: 262.77
  • Listing Class: Residential
  • Maximum Unit Levels: 2
  • Structure Sq Ft: 1090
  • Incorporated: Yes
  • Map Book Page: 916
  • Map Side Coordinate: 5
  • Map Top Coordinate: J
  • Thomas Bros Page: 916
  • Thomas Brothers: J5
  • Year Built: 2008
  • Zoning Description: R3
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Family Room: No Family Room, No Separate Family Room
  • Dining Room: No Formal Dining Room, Eat in Kitchen
  • Kitchen: Dishwasher, Garbage Disposal, Refrigerator, Oven Range, Microwave
  • Living Sq Ft: 1090
  • Stories: 2
  • Security: Security Alarm - Owned, Fire System - Sprinkler
  • Bedrooms: Primary Suite / Retreat
  • Laundry: In Laundry Room
  • Flooring: Carpet - Wall to Wall
  • Maximum Bathrooms: 2
  • Maximum Numberof Bedrooms: 1
  • Minimum Bathrooms: 2
  • Minimum Numberof Bedrooms: 1
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Bathroom: No Tub, Stall Shower

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Shingle, Composition

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Central AC
  • Heating System: Forced Air

Condo/Co-op/Association

  • HOA Fees: 292
  • HOA Amenities: Playground, Club House, Game Court (Outdoor), Community Pool, Putting Green, BBQ Area
  • HOA Documents: Articles of Incorporation, Bylaws, Budget, Financial Statement, Rules & Regulations
  • Association Fees Include: Landscaping / Gardening, Pool, Spa, or Tennis, Roof, Common Area Electricity, Exterior Painting, Fencing, Garbage, Insurance - Common Area
  • H O A Name Text: Madrone Plaza Association
  • Levels In Unit: 2
  • H O A Exist: Yes

Schools

  • School District: Morgan Hill Unified

Lot Info

  • Parcel Number: 726-50-037
  • List Price per Sq Ft: 262.77
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1742.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 1742.00
  • Lot Size Area Min Search: 1742.00
  • Maximum Lot Size: 1742.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Green Features

  • Energy Features: Ceiling Fan(s)

Multi Family

  • Maximum Building Height: 3
  • Minimum Building Height: 1

MLS Schools

  • High School District Text: Morgan Hill Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2013
Closed on
Oct 22, 2013
Sold by
Carr Emily E and Briese Emily
Bought by
Anderson James and Anderson Nattawadee
Seller's Agent
Violeta Perez
Neighborhood Housing Services Silicon Valley
Buyer's Agent
Violeta Perez
Neighborhood Housing Services Silicon Valley
List Price
$286,417
Sold Price
$286,417
Current Estimated Value
$571,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$285,236
Avg. Annual Appreciation
6.02%
Original Mortgage
$210,003
Outstanding Balance
$154,007
Interest Rate
3.74%
Mortgage Type
FHA
Estimated Equity
$417,646

Purchase Details

Closed on
Jan 7, 2009
Sold by
South County Community Builders
Bought by
Briese Emily

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
5.03%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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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
Anderson James -- Chicago Title Company
Briese Emily $282,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anderson James $210,003
Closed Anderson James $30,000
Previous Owner Briese Emily $30,000
Previous Owner Briese Emily $40,000
Previous Owner Briese Emily $209,466
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2013 10/31/13 Sold $286,417 0.0% $263 / Sq Ft
08/28/2013 08/28/13 Pending -- -- --
07/10/2013 07/10/13 For Sale $286,417 -- $263 / 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 $3,932 $351,096 $175,538 $175,558
2024 $3,932 $344,213 $172,097 $172,116
2023 $3,880 $337,465 $168,723 $168,742
2022 $3,848 $330,849 $165,415 $165,434
2021 $3,998 $324,363 $162,172 $162,191
2020 $4,001 $321,038 $160,510 $160,528
2019 $4,100 $314,744 $157,363 $157,381
2018 $4,112 $308,574 $154,278 $154,296
2017 $4,075 $302,524 $151,253 $151,271
2016 $3,836 $296,593 $148,288 $148,305
2015 $3,850 $292,139 $146,061 $146,078
2014 $3,881 $286,417 $143,200 $143,217
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81325234

MLSListings

APN: 726-50-037