NOT LISTED FOR SALE

18436 Jade Ln Morgan Hill, CA 95037

Estimated Value: $693,273 - $723,000

2 Beds
2.5 Baths
1,374 Sq Ft
$515/Sq Ft Est. Value

Sale Details

Date Sold: September 16, 2021

Last sale price $499,000 $363 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $4,293 / mo

69 Days on Market

Highlights

  • Below Market Rate Unit
  • Guest Parking
  • Dining Room
  • Ann Sobrato High School Rated A
  • Forced Air Heating and Cooling System

About This Home

As of September 2021

This Property falls under the Below Market Rate Program and is subject to a 45-year Resale Restriction with the City of Morgan Hill. Applicants must be first time home buyers, income eligible and must qualify for the opportunity. Program qualifications and guidelines are important to read and review before beginning the process. Applicants who currently live or work within the City limits will get 1st Preference. Occupancy standards apply. Please visit the program website for more information at www.housekeys.org (inquire about BMR program) and wwwmyhousekeys.com (when household is ready to apply for opportunity). Please refer to Virtual Tour.

Last Agent to Sell the Property

Adrian Lopez

Windermere Valley Properties License #02000744 Listed on: 05/24/2021

Windermere Valley Properties

Last Buyer's Agent

Adrian Lopez

Windermere Valley Properties License #02000744 Listed on: 05/24/2021

Windermere Valley Properties

Townhouse Details

Home Type

  • Townhome

Year Built

  • 2008

Lot Details

  • 862

Parking

  • 2 Car Garage
  • Guest Parking
  • On-Street Parking

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

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

Bedrooms and Bathrooms

  • 2 Bedrooms

Additional Features

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

Community Details

  • Property has a Home Owners Association
  • Association fees include common area electricity, maintenance - common area
  • Madrone Plaza Association

Listing and Financial Details

  • Below Market Rate Unit

Townhouse Details

Home Type

Townhome

Year Built

2008

Lot Details

862 Sq Ft Lot

Parking

2

Listing Details

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

Interior Features

  • Family Room: No Family Room
  • Dining Room: No Formal Dining Room
  • Living Sq Ft: 1374
  • Stories: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Guest / Visitor Parking, On Street, 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: 300
  • Association Fees Include: Common Area Electricity, Maintenance - Common Area
  • HOA Exist: Yes
  • H O A Name Text: Madrone Plaza

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2021
Closed on
Sep 24, 2021
Sold by
Bought by
Seller's Agent
Adrian Lopez
Windermere Valley Properties
Buyer's Agent
Adrian Lopez
Windermere Valley Properties
List Price
$499,000
Sold Price
$499,000
Current Estimated Value
$707,568

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,568
Avg. Annual Appreciation
7.61%
Original Mortgage
$484,030
Outstanding Balance
$440,745
Interest Rate
2.7%
Mortgage Type
Commercial
Estimated Equity
$266,823

Purchase Details

Closed on
Jul 21, 2016
Sold by
Bought by

Purchase Details

Closed on
Sep 11, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,310
Interest Rate
5.77%
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$499,000 Chicago Title Company
-- None Available
$304,000 Chicago Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $484,030
Closed $484,030
Previous Owner $209,310
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/16/2021 09/16/21 Sold $499,000 0.0% $363 / Sq Ft
08/02/2021 08/02/21 Pending -- -- --
05/24/2021 05/24/21 For Sale $499,000 -- $363 / Sq Ft
Source: MLSListings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,910 $529,541 $274,852 $254,689
2024 $5,910 $519,159 $269,463 $249,696
2023 $5,833 $508,980 $264,180 $244,800
2022 $5,848 $499,000 $259,000 $240,000
2021 $4,422 $361,653 $180,827 $180,826
2020 $4,415 $357,945 $178,973 $178,972
2019 $4,525 $350,927 $175,464 $175,463
2018 $4,539 $344,047 $172,024 $172,023
2017 $4,498 $337,301 $168,651 $168,650
2016 $4,232 $330,689 $165,345 $165,344
2015 $4,242 $325,723 $162,862 $162,861
2014 $4,280 $319,343 $159,672 $159,671
Source: Public Records

Agents Affiliated with this Home

  • Adrian Lopez

    Seller's Agent in 2021

    Adrian Lopez

    Windermere Valley Properties

    (669) 253-5725

    49 Total Sales

    Adrian Lopez
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Map

Source: MLSListings

MLS Number: ML81845592

MLSListings

APN: 726-50-029

California Santa Clara County Morgan Hill 95037

18436 Jade Ln, Morgan Hill, CA

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