NOT LISTED FOR SALE

18416 Emerald Ln Morgan Hill, CA 95037

Estimated Value: $491,000 - $621,630

1 Bed
1.5 Baths
1,090 Sq Ft
$300/mo HOA Fee

Last Sold April 24, 2020

Last sale price $407,000 $373 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $3,725/month

83 Days on Market

Highlights

  • Private Pool
  • Clubhouse
  • High Ceiling
  • Ann Sobrato High School Rated A
  • Wood Flooring
  • Granite Countertops

About This Home

As of April 2020

Very Large One Bedroom Condo with easy commute by Rt 101 or Monterey Rd. Many upgrades in Kitchen, bath and flooring. This Below Market Rate property is subject to Resale Restrictions with City of Morgan Hill. Applicants must be first time homebuyers, income eligible and qualified for the program. BMR program qualifications and guidelines are important to read and review before beginning process. For full information go to HouseKeys website. Applicants/buyers will be required to attend City of Morgan Hill BMR Home Buyer Orientation and must be registered with a household profile at myhousekeys.

Last Agent to Sell the Property

Edward Lujan

Windermere Valley Properties License #01965426 Listed on: 11/15/2019

Windermere Valley Properties

Last Buyer's Agent

Edward Lujan

Windermere Valley Properties License #01965426 Listed on: 11/15/2019

Windermere Valley Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,974

Year Built

  • 2008

Lot Details

  • Fenced Front Yard

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Leased Parking
  • Guest Parking

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,090 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Bay Window
  • Dining Area
  • Wood Flooring
  • Laundry in unit

Kitchen

  • Gas Oven
  • Range Hood
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • Walk-in Shower

Outdoor Features

  • Private Pool
  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Individual Gas Meter
  • Community Sewer or Septic

Community Details

Overview

  • Association fees include garbage, maintenance - common area, security service
  • Madrone HOA
  • The community has rules related to parking rules

Amenities

  • Clubhouse

Recreation

  • Community Playground
  • Community Pool

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,974

Year Built

2008

Lot Details

0

HOA Fees

$300 per month

Parking

1

Listing Details

  • Zoning: R3
  • Subclass: Condominium
  • Restrictions: Parking Restrictions, Pets - Number Restrictions
  • Age: 11
  • Listing Class: Residential
  • Structure Sq Ft: 1090
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2008

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area
  • Kitchen: Countertop - Granite, Dishwasher, Hood Over Range, Island, Oven Range - Gas
  • Living Sq Ft: 1090
  • Stories: 2
  • Laundry: Inside
  • Flooring: Hardwood
  • Maximum Numberof Bedrooms: 1
  • Minimum Numberof Bedrooms: 1
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Bathroom: Primary - Stall Shower(s)

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Pool Description: Yes
  • Roof: Composition
  • Yard/Grounds: Balcony / Patio
  • Fencing: Fenced Front
  • Pool: Community Facility
  • Construction Type: Wood

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Guest / Visitor Parking, Leased Parking

Utilities

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

Condo/Co-op/Association

  • Complex Name: Madrone Plaza
  • HOA Fees: 300
  • HOA Amenities: Club House, Community Pool, Playground
  • HOA Documents: Budget, Bylaws, Cc&rs
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Garbage, Maintenance - Common Area, Security Service
  • HOA Exist: Yes
  • H O A Name Text: Madrone HOA

Association/Amenities

  • Amenities Miscellaneous: Bay Window, High Ceiling, Walk-In Closet

Schools

  • School District: Morgan Hill Unified

Lot Info

  • Lot Acres: 0.0365
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1592.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1592.00

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Maximum Building Height: 2
  • Minimum Building Height: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2019
Closed on
Mar 16, 2020
Sold by
The City Of Morgan Hill
Bought by
Tryforos Antonia D
Seller's Agent
Edward Lujan
Windermere Valley Properties
Buyer's Agent
Edward Lujan
Windermere Valley Properties
List Price
$407,000
Sold Price
$407,000
Current Estimated Value
$553,408

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,408
Avg. Annual Appreciation
5.89%
Original Mortgage
$230,000
Outstanding Balance
$205,006
Interest Rate
3.5%
Mortgage Type
Commercial
Estimated Equity
$348,402

Purchase Details

Closed on
Sep 19, 2019
Sold by
Fedotova Krystal and Fedotov Maxim
Bought by
The City Of Morgan Hill

Purchase Details

Listed on
Nov 1, 2012
Closed on
Feb 20, 2013
Sold by
South County Community Builders
Bought by
Fedotova Krystal and Fedotov Maxim
Seller's Agent
Rodney Geiman
Neighborhood Housing Services Silicon Valley
Buyer's Agent
Fernando Palazzo
Intero San Jose, Willow Glen Lincoln Ave
List Price
$250,000
Sold Price
$253,000
Premium/Discount to List
$3,000
1.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.46%
Original Mortgage
$7,590
Interest Rate
3.53%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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

Purchase History

Date Buyer Sale Price Title Company
Tryforos Antonia D $407,000 First American Title Company
The City Of Morgan Hill $318,500 First American Title Company
Fedotova Krystal $253,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tryforos Antonia D $230,000
Closed Tryforos Antonia D $230,000
Previous Owner Fedotova Krystal $7,590
Previous Owner Fedotova Krystal $181,810
Previous Owner Fedotova Krystal $0
Previous Owner Fedotova Krystal $50,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2020 04/24/20 Sold $407,000 0.0% $373 / Sq Ft
02/07/2020 02/07/20 Pending -- -- --
11/15/2019 11/15/19 For Sale $407,000 +60.9% $373 / Sq Ft
03/06/2013 03/06/13 Sold $253,000 +1.2% $232 / Sq Ft
01/17/2013 01/17/13 Pending -- -- --
11/01/2012 11/01/12 For Sale $250,000 -- $229 / 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 $4,974 $445,110 $222,555 $222,555
2024 $4,974 $436,384 $218,192 $218,192
2023 $4,974 $427,828 $213,914 $213,914
2022 $4,860 $419,440 $209,720 $209,720
2021 $4,995 $411,216 $205,608 $205,608
2020 $0 $0 $0 $0
2019 $3,683 $279,282 $139,641 $139,641
2018 $3,694 $273,806 $136,903 $136,903
2017 $3,661 $268,438 $134,219 $134,219
2016 $3,447 $263,176 $131,588 $131,588
2015 $3,466 $259,224 $129,612 $129,612
2014 $3,491 $254,148 $127,074 $127,074
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2020

    Edward Lujan

    Windermere Valley Properties

    Section Image

  • R

    Seller's Agent in 2013

    Rodney Geiman

    Neighborhood Housing Services Silicon Valley

  • F

    Buyer's Agent in 2013

    Fernando Palazzo

    Intero San Jose, Willow Glen Lincoln Ave

    Section Image
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Map

Source: MLSListings

MLS Number: ML81775639

MLSListings

APN: 726-50-072

California Santa Clara County Morgan Hill 95037

18416 Emerald Ln, Morgan Hill, CA

This home is located at 18416 Emerald Ln, Morgan Hill, CA 95037 since 15 November 2019 and is currently estimated at $553,408, approximately $507 per square foot. This property was built in 2008. 18416 Emerald Ln is a home located in Santa Clara County with nearby schools including El Toro Health Science Academy, Martin Murphy Middle School, and Ann Sobrato High School.

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