NOT LISTED FOR SALE

1862 Llagas Rd Morgan Hill, CA 95037

Estimated Value: $874,000 - $967,000

2 Beds
1 Bath
726 Sq Ft
$1,282/Sq Ft Est. Value

Last Sold May 19, 2017

Last sale price $594,000 $818 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $5,545/month

11 Days on Market

Highlights

  • Barn
  • 5 Acre Lot
  • Breakfast Area or Nook
  • Ann Sobrato High School Rated A
  • Secluded Lot
  • Walk-in Shower

About This Home

As of May 2017

Charming bungalow in a private secluded setting just minutes to everything,most of this 5 acre lot is hilly, flat area is approximately 16,000 square feet, freshly painted, update bath, new appliances and fixtures, public water supply, clear septic inspection, lots of possibilities!

Last Agent to Sell the Property

Meghan Diehl

Keller Williams Realty License #01323230 Listed on: 04/07/2017

Keller Williams Realty

Last Buyer's Agent

Chris Simone

Allison James Estates & Homes License #01271614

Allison James Estates & Homes

Home Details

Home Type

  • Single Family

Year Built

  • 1977

Lot Details

  • 5 Acre Lot
  • Secluded Lot
  • Hillside Location

Parking

  • Off-Street Parking

Home Design

  • Masonry Perimeter Foundation
  • Composition Roof

Interior Spaces

  • 726 Sq Ft Home
  • 1-Story Property

Kitchen

  • Breakfast Area or Nook
  • Electric Oven

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Remodeled Bathroom
  • 1 Full Bathroom
  • Walk-in Shower

Utilities

  • Wall Furnace
  • Septic Tank

Additional Features

  • Barn
  • Horses Potentially Allowed on Property

Home Details

Home Type

Single Family

Year Built

1977

Lot Details

0

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 726
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1977

Interior Features

  • Family Room: No Family Room
  • Dining Room: Breakfast Nook
  • Kitchen: Countertop - Other, Oven Range - Electric
  • Living Sq Ft: 726
  • Stories: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Stall Shower, Updated Bath

Exterior Features

  • Foundation: Masonry Perimeter
  • Roof: Composition
  • Horse Property: Possible
  • Horse Property Description: Barn

Garage/Parking

  • Garage Parking Features: Off-Street Parking

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Existing Septic

Lot Info

  • Lot Description: Grade - Hillside, Private / Secluded
  • Lot Acres: 5.0000
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 217800.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 217800.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2017
Closed on
May 17, 2017
Sold by
Redwood Property Investors Ii Llc
Bought by
Korte Kyle J and Morgan Kaileen M
Seller's Agent
Meghan Diehl
Keller Williams Realty
Buyer's Agent
Chris Simone
Allison James Estates & Homes
List Price
$549,000
Sold Price
$594,000
Premium/Discount to List
$45,000
8.2%
Current Estimated Value
$930,680

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$336,680
Avg. Annual Appreciation
5.30%
Original Mortgage
$583,241
Outstanding Balance
$485,037
Interest Rate
4.1%
Mortgage Type
FHA
Estimated Equity
$445,643

Purchase Details

Closed on
Jun 10, 2016
Sold by
Rivera Mireya D
Bought by
Redwood Property Investors Ii Llc

Purchase Details

Closed on
Feb 28, 2008
Sold by
Mireles Irma C
Bought by
Rivera Mireya Denise

Purchase Details

Closed on
Oct 23, 2007
Sold by
Rivera Mireya D
Bought by
Mireles Irma C

Purchase Details

Closed on
Dec 1, 2005
Sold by
Mortensen J Bradley and Mortensen Colleen Rae
Bought by
Rivera Mireya D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$519,200
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 20, 2005
Sold by
Mortensen J Bradley
Bought by
Mortensen J Bradley and Mortensen Colleen Rae

Purchase Details

Closed on
Feb 29, 2000
Sold by
Malech Roger and Malech Cera
Bought by
Mortensen J Bradley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,800
Interest Rate
8.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Korte Kyle J $594,000 Chicago Title Company
Redwood Property Investors Ii Llc $525,000 None Available
Rivera Mireya Denise $25,000 None Available
Mireles Irma C $52,000 None Available
Rivera Mireya D $649,000 Alliance Title Company
Mortensen J Bradley -- Alliance Title Company
Mortensen J Bradley $351,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Korte Kyle J $583,241
Previous Owner Rivera Mireya D $519,200
Previous Owner Mortensen J Bradley $280,800
Closed Mortensen J Bradley $52,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2017 05/19/17 Sold $594,000 +8.2% $818 / Sq Ft
04/19/2017 04/19/17 Pending -- -- --
04/07/2017 04/07/17 For Sale $549,000 -- $756 / Sq Ft
Source: MLSListings

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 $8,479 $689,382 $526,902 $162,480
2024 $8,479 $675,866 $516,571 $159,295
2023 $7,828 $662,615 $506,443 $156,172
2022 $7,697 $649,623 $496,513 $153,110
2021 $7,415 $636,886 $486,778 $150,108
2020 $7,237 $630,356 $481,787 $148,569
2019 $7,440 $617,997 $472,341 $145,656
2018 $7,462 $605,880 $463,080 $142,800
2017 $7,921 $637,500 $494,700 $142,800
2016 $6,880 $579,197 $568,105 $11,092
2015 $6,806 $570,498 $559,572 $10,926
2014 $6,899 $559,323 $548,611 $10,712
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81645950

MLSListings

APN: 773-18-029