NOT LISTED FOR SALE

18413 Ruby Ln Morgan Hill, CA 95037

Estimated Value: $518,000 - $742,832

2 Beds
2.5 Baths
1,374 Sq Ft
$481/Sq Ft Est. Value

Last Sold May 24, 2022

Last sale price $581,842 $423 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,587/month

114 Days on Market

Highlights

  • Open to Family Room
  • Forced Air Heating and Cooling System
  • Dining Area
  • Ann Sobrato High School Rated A

About This Home

As of May 2022

This property is in the Below Market Rate program and is subject to a 45-year Resale Value Restriction with the City of Morgan Hill. Applicants must be first-time home buyers, income eligible and qualify for the opportunity. Program qualifications and guidelines are important to read and understand before beginning the process. Applicants who currently live or work within the City limits will get 1st preference but not required. Occupancy standards apply. Please visit the program website for more information at www.housekeys.org (to inquire about the BMR program) and www.myhousekeys.com (when household is ready to apply for the opportunity). Please refer to Virtual Tour.

Last Agent to Sell the Property

Violeta Perez

CENTURY 21 Masters License #01837105 Listed on: 11/18/2021

CENTURY 21 Masters

Last Buyer's Agent

Violeta Perez

CENTURY 21 Masters License #01837105 Listed on: 11/18/2021

CENTURY 21 Masters

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,885

Year Built

  • 2008

Lot Details

  • 862

HOA Fees

  • $350 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,374 Sq Ft Home
  • 2-Story Property
  • Dining Area
  • Open to Family Room

Bedrooms and Bathrooms

  • 2 Bedrooms

Additional Features

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

Community Details

  • Association fees include common area electricity, common area gas, maintenance - exterior
  • Madrone Plaza Association
  • The community has rules related to parking rules

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,885

Year Built

2008

Lot Details

0

HOA Fees

$350 per month

Parking

2

Listing Details

  • Zoning: R3
  • Subclass: Townhouse
  • Restrictions: Parking Restrictions
  • Age: 13
  • Listing Class: Residential
  • Structure Sq Ft: 1374
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 2008

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Dining Room: Dining Area
  • Living Sq Ft: 1374
  • Stories: 2
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage

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: 350
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Common Area Gas, Maintenance - Exterior
  • HOA Exist: Yes
  • H O A Name Text: Madrone Plaza

Schools

  • School District: Morgan Hill Unified

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

Closed on
Sep 18, 2018
Sold by
City Of Morgan Hill
Bought by
Huang Rongguang and Kuang Huishan
Current Estimated Value
$663,296

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
4.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 15, 2018
Sold by
Spencer Katie E and Spencer Brendan
Bought by
The City Of Morgan Hill

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
4.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 5, 2012
Sold by
South County Community Builders
Bought by
Bean Katie E and Spencer Brendan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,079
Interest Rate
3.65%
Mortgage Type
Unknown
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
Huang Rongguang $460,500 Chicago Title Co
The City Of Morgan Hill $327,000 Chicago Title Co
Bean Katie E $303,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huang Ronoguang $306,000
Closed Huang Rongguang $60,000
Closed Huang Rongguang $310,000
Previous Owner Huang Rongguang $310,000
Previous Owner Bean Katie E $9,079
Previous Owner Bean Katie E $230,281
Previous Owner Bean Katie E $60,528
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2022 05/24/22 Sold $581,842 0.0% $423 / Sq Ft
03/13/2022 03/13/22 Pending -- -- --
11/18/2021 11/18/21 For Sale $581,842 -- $423 / 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
2024 $6,885 $605,346 $302,673 $302,673
2023 $6,795 $593,478 $296,739 $296,739
2022 $5,595 $483,843 $241,922 $241,921
2021 $5,702 $474,357 $237,179 $237,178
2020 $5,663 $469,495 $234,748 $234,747
2019 $5,810 $460,291 $230,146 $230,145
2018 $4,424 $327,528 $163,743 $163,785
2017 $4,386 $321,107 $160,533 $160,574
2016 $4,128 $314,812 $157,386 $157,426
2015 $4,141 $310,084 $155,022 $155,062
2014 $4,179 $304,011 $151,986 $152,025
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81870656

MLSListings

APN: 726-50-059