NOT LISTED FOR SALE

18431 Jade Ln Morgan Hill, CA 95037

Estimated Value: $719,000 - $757,676

2 Beds
2.5 Baths
1,374 Sq Ft
$445/mo HOA Fee

Last Sold January 25, 2024

Last sale price $735,000 $535 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,914/month

5 Days on Market

Highlights

  • Private Pool
  • Open to Family Room
  • Forced Air Heating and Cooling System
  • Ann Sobrato High School Rated A
  • Tile Countertops
  • Separate Family Room

About This Home

As of January 2024

A HOME FOR THE HOLIDAYS! This is a great opportunity at a great price, based on the last sales in the area! This is really a BLACK FRIDAY DEAL! Classic design & contemporary flair come together in this 2-story condo located in a peaceful Morgan Hill neighborhood. The layout offers plenty of space from the main entrance, family room and kitchen/dining room and access to the attached 2-car garage. Plus in the 2nd level you will have 2 sunlit bedrooms, a laundry space, add even more convenience to this great home. YOULL HAVE HOLIDAY LOVE WITH THIS EXCEPTIONALLY PRICED HOME!!!

Last Agent to Sell the Property

Edgar Meneses

EXIT Realty Consultants License #01419445 Listed on: 12/20/2023

EXIT Realty Consultants

Co-Listed By

Juan Carlos Bustillos

EXIT Realty Consultants License #01784315

Last Buyer's Agent

David Kim

Compass License #01356580

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,178

Year Built

  • Built in 2008

Lot Details

  • 915

HOA Fees

  • $445 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

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

Kitchen

  • Open to Family Room
  • Gas Cooktop
  • Tile Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry in unit
  • Electric Dryer Hookup

Pool

  • Private Pool
  • Fence Around Pool

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 726-50-043

Community Details

Overview

  • Association fees include insurance, insurance - common area, insurance - homeowners, maintenance - common area, pool spa or tennis, recreation facility
  • Madrone Plaza Association

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,178

Year Built

Built in 2008

Lot Details

0

HOA Fees

$445 per month

Parking

2

Listing Details

  • Subclass: Condominium
  • Age: 15
  • Listing Class: Residential
  • Structure Sq Ft: 1374
  • Year Built: 2008
  • Zoning Description: R3
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: Kitchen / Family Room Combo, Separate Family Room
  • Dining Room: Dining Area
  • Kitchen: Cooktop - Gas, Countertop - Tile
  • Living Sq Ft: 1374
  • Stories: 2
  • Laundry: Electricity Hookup (220V), Inside
  • Flooring: Carpet, Vinyl / Linoleum
  • Additional Rooms: Storage
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Pool Description: Community Facility, Pool - Fenced
  • Roof: Composition
  • Pool: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 445
  • HOA Documents: Articles of Incorporation, Budget, Bylaws, CC&RS, Financial Statement, Minutes, Reserve Study, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Insurance, Insurance - Common Area, Insurance - Homeowners, Maintenance - Common Area, Pool, Spa, or Tennis, Recreation Facility
  • H O A Name Text: Madrone Plaza
  • H O A Exist: Yes

Schools

  • School District: Morgan Hill Unified

Lot Info

  • Parcel Number: 726-50-043

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Morgan Hill Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2023
Closed on
Jan 22, 2024
Sold by
Ramirez Enrique
Bought by
Jarno Stephanie A
Seller's Agent
Edgar Meneses
EXIT Realty Consultants
Buyer's Agent
David Kim
Compass
List Price
$698,000
Sold Price
$735,000
Premium/Discount to List
$37,000
5.3%
Views
916
Current Estimated Value
$740,919

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,919
Avg. Annual Appreciation
0.52%
Original Mortgage
$588,000
Outstanding Balance
$580,395
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$160,524

Purchase Details

Listed on
Nov 18, 2013
Closed on
Feb 21, 2014
Sold by
Moore Michelle J
Bought by
Ramirez Enrique
Seller's Agent
Violeta Perez
Neighborhood Housing Services Silicon Valley
Buyer's Agent
Violeta Perez
Neighborhood Housing Services Silicon Valley
List Price
$378,121
Sold Price
$378,121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.94%
Original Mortgage
$302,477
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 24, 2009
Sold by
South County Community Builders
Bought by
Moore Michelle J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,100
Interest Rate
4.77%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

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Average Value
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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
Jarno Stephanie A $735,000 Chicago Title
Ramirez Enrique $378,500 Old Republic Title Company
Moore Michelle J $373,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jarno Stephanie A $588,000
Previous Owner Ramirez Enrique $302,477
Previous Owner Ramirez Enrique $45,000
Previous Owner Moore Michelle J $11,100
Previous Owner Moore Michelle $6,500
Previous Owner Moore Michelle J $296,000
Previous Owner Moore Michelle Justine $29,300
Previous Owner Moore Michelle Justine $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2024 01/25/24 Sold $735,000 +5.3% $535 / Sq Ft
12/26/2023 12/26/23 Pending -- -- --
12/20/2023 12/20/23 For Sale $698,000 +84.6% $508 / Sq Ft
02/28/2014 02/28/14 Sold $378,121 0.0% $275 / Sq Ft
01/02/2014 01/02/14 Pending -- -- --
11/18/2013 11/18/13 For Sale $378,121 -- $275 / 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 $5,178 $749,700 $374,850 $374,850
2024 $5,178 $454,425 $227,139 $227,286
2023 $5,111 $445,516 $222,686 $222,830
2022 $5,058 $436,781 $218,320 $218,461
2021 $5,178 $428,218 $214,040 $214,178
2020 $5,152 $423,828 $211,846 $211,982
2019 $5,284 $415,519 $207,693 $207,826
2018 $5,300 $407,372 $203,621 $203,751
2017 $5,252 $399,385 $199,629 $199,756
2016 $4,939 $391,555 $195,715 $195,840
2015 $4,942 $385,675 $192,776 $192,899
2014 $5,077 $378,120 $189,100 $189,020
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81950022

MLSListings

APN: 726-50-043