NOT LISTED FOR SALE

18518 Monterey St Morgan Hill, CA 95037

Estimated Value: $868,000 - $921,158

3 Beds
3 Baths
1,773 Sq Ft
$510/Sq Ft Est. Value

Last Sold April 24, 2015

Last sale price $516,753 $291 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $5,476/month

29 Days on Market

Highlights

  • Primary Bedroom Suite
  • Clubhouse
  • Sauna
  • Ann Sobrato High School Rated A
  • Contemporary Architecture
  • Community Pool

About This Home

As of April 2015

Brand new Taylor Morrison townhome. Customize your own home! Standards include granite kitchen counters, tankless water heater, zoned heating/air and more! Owners have access to community clubhouse, pool, spa, park, bocce court, and more. Come make this your home today!

Last Agent to Sell the Property

Katherine Deterding

Taylor Morrison Services, Inc License #01955350 Listed on: 08/21/2014

Last Buyer's Agent

Tina Richards

1 Team Realtors License #01866862

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,004

Year Built

  • Built in 2014

Lot Details

  • 1,655

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Ceiling Insulation
  • Composition Roof

Interior Spaces

  • 1,773 Sq Ft Home
  • 3-Story Property
  • Family or Dining Combination
  • Tile Flooring
  • Gas Dryer Hookup

Kitchen

  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • 3 Full Bathrooms
  • Bathtub
  • Walk-in Shower

Eco-Friendly Details

  • Energy-Efficient HVAC
  • Energy-Efficient Insulation

Utilities

  • Forced Air Zoned Heating and Cooling System
  • 220 Volts
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number 726-49-074

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include pool spa or tennis, management fee, roof, exterior painting, insurance - common area
  • Madrone Plaza Association

Amenities

  • Community Barbecue Grill
  • Sauna
  • Clubhouse

Recreation

  • Sport Court
  • Community Playground
  • Community Pool

Pet Policy

  • Pet Restriction

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,004

Year Built

Built in 2014

Lot Details

0

Listing Details

  • Subclass: Townhouse
  • Style: Contemporary
  • Restrictions: Pets - Restrictions
  • Listing Class: Residential
  • Structure Sq Ft: 1773
  • Incorporated: Yes
  • Map Book Page: 916
  • Map Side Coordinate: 5
  • Map Top Coordinate: J
  • Thomas Bros Page: 916
  • Thomas Brothers: J5
  • Year Built: 2014
  • Zoning Description: M
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Dining Room: No Formal Dining Room, Dining Area in Family Room, No Informal Dining Room
  • Stories: Below Ground Level
  • Kitchen: Dishwasher, Garbage Disposal, Oven Range, Microwave, Oven - Self Cleaning, 220 Volt Outlet
  • Living Sq Ft: 1773
  • Stories: 3
  • Bedrooms: Primary Suite / Retreat
  • Laundry: Gas Hookup
  • Flooring: Carpet - Area, Tile
  • Maximum Bathrooms: 3
  • Maximum Numberof Bedrooms: 3
  • Minimum Bathrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Bathroom: Tubs - 2+, Stall Shower - 2+

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition

Garage/Parking

  • Garage Max: 2
  • Garage Min: 2

Utilities

  • Cooling System: Central AC
  • Heating System: Heating - 2+ Zones, Forced Air

Condo/Co-op/Association

  • HOA Fees: 290
  • HOA Amenities: Playground, Club House, Game Court (Outdoor), Community Pool, BBQ Area, Sauna / Spa / Hot Tub
  • HOA Documents: Articles of Incorporation
  • Association Fees Include: Pool, Spa, or Tennis, Management Fee, Roof, Exterior Painting, Insurance - Common Area
  • H O A Name Text: Madrone Plaza
  • Levels In Unit: 3
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Balcony/Patio

Schools

  • School District: Morgan Hill Unified
  • Elementary School: El Toro Elementary
  • Middle School: Martin Murphy Middle
  • High School: Ann Sobrato High
  • High School: 1080
  • Elementary School: 300
  • Middle School: 306

Lot Info

  • Parcel Number: 726-49-074
  • List Price per Sq Ft: 291.15
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1742.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 1742.00
  • Lot Size Area Min Search: 1742.00
  • Maximum Lot Size: 1742.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Green Features

  • Energy Features: Ceiling Insulation, Walls Insulated, Caulked/Sealed, Energy Star Appliances, Energy Star HVAC, Tankless Water Heater

Multi Family

  • Maximum Building Height: 3
  • Minimum Building Height: 1

MLS Schools

  • High School District Text: Morgan Hill Unified
  • Elementary School Text: El Toro Elementary
  • High School Text: Ann Sobrato High
  • Middle School Text: Martin Murphy Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2014
Closed on
Apr 9, 2015
Sold by
Taylor Morrison Of California Llc
Bought by
Padilla Jose D
Seller's Agent
Katherine Deterding
Taylor Morrison Services, Inc
Buyer's Agent
Tina Richards
1 Team Realtors
List Price
$516,205
Sold Price
$516,753
Premium/Discount to List
$548
0.11%
Current Estimated Value
$904,790

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$388,037
Avg. Annual Appreciation
5.58%
Original Mortgage
$412,950
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 28, 2013
Sold by
Madrone Investors Lp
Bought by
Taylor Morrison Of California Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,899,960
Interest Rate
3.33%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 22, 2012
Sold by
Santa Barbara Bank & Trust National Asso
Bought by
Madrone Investors Lp

Purchase Details

Closed on
Jun 14, 2011
Sold by
Mp Developers Llc
Bought by
Santa Barbara Bank & Trust
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
Padilla Jose D $517,000 First American Title
Taylor Morrison Of California Llc $7,704,750 First American Title Ins Co
Madrone Investors Lp $4,399,750 None Available
Santa Barbara Bank & Trust $4,950,000 Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Padilla Jose D $384,800
Closed Padilla Jose D $387,300
Closed Padilla Jose D $414,400
Closed Padilla Jose D $412,950
Previous Owner Taylor Morrison Of California Llc $4,899,960
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2015 04/24/15 Sold $516,753 0.0% $291 / Sq Ft
09/19/2014 09/19/14 Pending -- -- --
08/21/2014 08/21/14 Off Market $516,753 -- --
08/21/2014 08/21/14 For Sale $516,205 -- $291 / 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 $7,004 $621,051 $310,525 $310,526
2024 $7,004 $608,875 $304,437 $304,438
2023 $6,914 $596,937 $298,468 $298,469
2022 $6,831 $585,233 $292,616 $292,617
2021 $6,899 $573,759 $286,879 $286,880
2020 $6,829 $567,877 $283,938 $283,939
2019 $7,011 $556,743 $278,371 $278,372
2018 $7,035 $545,827 $272,913 $272,914
2017 $6,972 $535,125 $267,562 $267,563
2016 $6,551 $524,633 $262,316 $262,317
2015 $2,935 $208,067 $131,559 $76,508
2014 -- $128,982 $128,982 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81430600

MLSListings

APN: 726-49-074