NOT LISTED FOR SALE

18408 Emerald Ln Morgan Hill, CA 95037

Estimated Value: $709,000 - $767,000

2 Beds
2.5 Baths
1,374 Sq Ft
$533/Sq Ft Est. Value

Last Sold July 08, 2020

Last sale price $680,000 $495 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,865/month

9 Days on Market

Highlights

  • Private Pool
  • High Ceiling
  • 2 Car Attached Garage
  • Ann Sobrato High School Rated A
  • Community Basketball Court
  • Community Barbecue Grill

About This Home

As of July 2020

Dear Buyer, Stop looking, you've found it! This wonderful property is something to seriously consider. This home is conveniently located in a nice a tranquil community, perfect for every discerning buyer. This home is the perfect space for anyone looking for a family home with a sophisticated look, attractively upgraded. This Town-home 2 bedroom 2.5 bathroom home is well crafted with you the end user in mind; abundance of natural light through the double pane windows. The 1,374 Sq. Ft. floor-plan flows nicely with an open concept, high ceilings, and ample lighting. The Madrone Plaza Community offers luxury style living with access to pool/spa, playgrounds, basketball and a BBQ area. The property is located near restaurants, wine tasting, good schools, farmer's market, hiking trails, shopping, public transportation & highways. Simply, everything you could want in your New Home. This wonderful opportunity will not last!

Last Agent to Sell the Property

Edgar Meneses

EXIT Realty Consultants License #01419445 Listed on: 05/29/2020

EXIT Realty Consultants

Co-Listed By

Juan Carlos Bustillos

EXIT Realty Consultants License #01784315

Last Buyer's Agent

Yesenia Caballero

Coldwell Banker Realty License #01717231

Coldwell Banker Realty

Townhouse Details

Home Type

  • Townhome

Year Built

  • 2008

Lot Details

  • 862

HOA Fees

  • $344 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,374 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Dining Area
  • Laundry in unit

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms

Additional Features

  • Private Pool
  • 862 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

Overview

  • Association fees include common area electricity, common area gas, garbage, insurance, maintenance - common area, pool spa or tennis, recreation facility, roof
  • Madrone Plaza Association

Amenities

  • Community Barbecue Grill
  • Common Utility Room

Recreation

  • Community Basketball Court
  • Community Playground
  • Community Pool

Townhouse Details

Home Type

Townhome

Year Built

2008

Lot Details

0

HOA Fees

$344 per month

Parking

2

Listing Details

  • Zoning: R3
  • Subclass: Townhouse
  • Listing Class: Residential
  • Structure Sq Ft: 1374
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 2008

Interior Features

  • Dining Room: Dining Area
  • Living Sq Ft: 1374
  • Stories: 2
  • Laundry: Inside
  • Flooring: Carpet, Laminate
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Yes
  • Roof: Composition
  • Pool: Pool - Above Ground, Pool / Spa Combo

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Complex Name: Madrone Plaza
  • HOA Fees: 344
  • HOA Amenities: Basketball Court - Indoor Half, Bbq Area, Common Utility Room, Community Pool, Playground
  • HOA Documents: Budget, Bylaws, Cc&rs, Minutes
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Common Area Gas, Garbage, Insurance, Maintenance - Common Area, Pool, Spa, Or Tennis, Recreation Facility, Roof
  • HOA Exist: Yes
  • H O A Name Text: Madrone Plaza

Association/Amenities

  • Amenities Miscellaneous: High Ceiling

Lot Info

  • Lot Acres: 0.0198
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 862.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 862.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2020
Closed on
Jun 23, 2020
Sold by
Nyanda Associates Llc
Bought by
Orozco Robert
Seller's Agent
Edgar Meneses
EXIT Realty Consultants
Buyer's Agent
Yesenia Caballero
Coldwell Banker Realty
List Price
$675,000
Sold Price
$680,000
Premium/Discount to List
$5,000
0.74%
Current Estimated Value
$732,614

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,614
Avg. Annual Appreciation
1.37%
Original Mortgage
$646,000
Outstanding Balance
$571,551
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$161,063

Purchase Details

Closed on
Mar 14, 2018
Sold by
Giesler Steven E
Bought by
Nyanda & Associates

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 16, 2013
Sold by
Giesler Gina
Bought by
Giesler Steven E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,223
Interest Rate
3.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 10, 2012
Sold by
South County Community Builders
Bought by
Giesler Steven E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,223
Interest Rate
3.28%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Orozco Robert $680,000 Chicago Title Company
Nyanda & Associates $325,500 Chicago Title Co
Giesler Steven E -- Chicago Title Company
Giesler Steven E $303,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Orozco Robert $646,000
Previous Owner Nyanda & Associates $400,000
Previous Owner Giesler Steven E $185,223
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/08/2020 07/08/20 Sold $680,000 +0.7% $495 / Sq Ft
06/08/2020 06/08/20 Pending -- -- --
05/29/2020 05/29/20 For Sale $675,000 -- $491 / 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 $8,200 $736,052 $368,026 $368,026
2024 $8,200 $721,620 $360,810 $360,810
2023 $8,093 $707,472 $353,736 $353,736
2022 $7,991 $693,600 $346,800 $346,800
2021 $8,059 $679,600 $339,800 $339,800
2020 $7,743 $646,000 $323,000 $323,000
2019 $8,836 $710,000 $355,000 $355,000
2018 $4,343 $327,798 $163,851 $163,947
2017 $4,304 $321,372 $160,639 $160,733
2016 $4,050 $315,072 $157,490 $157,582
2015 $4,063 $310,340 $155,125 $155,215
2014 $4,098 $304,262 $152,087 $152,175
Source: Public Records

Agents Affiliated with this Home

  • Edgar Meneses

    Seller's Agent in 2020

    Edgar Meneses

    EXIT Realty Consultants

    (408) 644-9062

    6 in this area

    30 Total Sales

    Edgar Meneses
    Section Image
  • Juan Carlos Bustillos

    Seller Co-Listing Agent in 2020

    Juan Carlos Bustillos

    EXIT Realty Consultants

    (408) 476-6860

    5 in this area

    31 Total Sales

    Juan Carlos Bustillos
    Section Image

  • Y

    Buyer's Agent in 2020

    Yesenia Caballero

    Coldwell Banker Realty

    Section Image
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Map

Source: MLSListings

MLS Number: ML81794528

MLSListings

APN: 726-50-074

California Santa Clara County Morgan Hill 95037

18408 Emerald Ln, Morgan Hill, CA

Not Listed for Sale

Townhouses

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