NOT LISTED FOR SALE

1947 Shafer Ave Morgan Hill, CA 95037

Estimated Value: $2,616,000 - $3,909,000

5 Beds
5 Baths
5,886 Sq Ft
$571/Sq Ft Est. Value

About This Home

This home is located at 1947 Shafer Ave, Morgan Hill, CA 95037 and is currently estimated at $3,358,527, approximately $570 per square foot. 1947 Shafer Ave is a home located in Santa Clara County with nearby schools including Nordstrom Elementary School, Martin Murphy Middle School, and Live Oak High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2014
Sold by
Okafor Cyprian I and Okafor Dorothy D
Bought by
Revo Cyprian I Okafar and Revo Dorothy O Okafar
Current Estimated Value
$3,358,527

Purchase Details

Closed on
Feb 15, 2013
Sold by
Okafor Cyprian I and Okafor Dorothy O
Bought by
Okafor Cyprian I and Okafor Dorothy O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$362,000
Outstanding Balance
$83,014
Interest Rate
3.36%
Mortgage Type
New Conventional
Estimated Equity
$3,192,883

Purchase Details

Closed on
May 22, 2012
Sold by
Okafor Cyprian I and Okafor Dorothy O
Bought by
Okafor Cyprian I and Okafor Dorothy O

Purchase Details

Closed on
Mar 8, 2012
Sold by
Okafor Cyprian I and Okafor Dorothy O
Bought by
Okafor Cyprian I and Okafor Dorothy O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,500
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 11, 2011
Sold by
Okafor Cyprian I and Okafor Dorothy O
Bought by
Okafor Cyprian I and Okafor Dorothy O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,000
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 2010
Sold by
Okafor Cyprian I and Okafor Dorothy O
Bought by
Okafor Cyprian I and Okafor Dorothy O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
4.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 18, 2010
Sold by
Okafor Cyprian and Okafor Dorothy
Bought by
Okafor Cyprian I and Okafor Dorothy O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2006
Sold by
Tuscany Meadows
Bought by
Okafor Cyprian and Okafor Dorothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Outstanding Balance
$706,204
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,569,693
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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

Date Buyer Sale Price Title Company
Revo Cyprian I Okafar -- None Available
Okafor Cyprian I -- None Available
Okafor Cyprian I -- Chicago Title
Okafor Cyprian I -- Chicago Title Company
Okafor Cyprian I -- Accommodation
Okafor Cyprian I -- Chicago Title Company
Okafor Cyprian I -- Accommodation
Okafor Cyprian I -- Chicago Title Company
Okafor Cyprian I -- Accommodation
Okafor Cyprian I -- Chicago Title Company
Okafor Cyprian I -- Accommodation
Okafor Cyprian $1,718,000 Alliance Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Okafor Cyprian I $362,000
Closed Okafor Cyprian I $375,500
Closed Okafor Cyprian I $386,000
Closed Okafor Cyprian I $410,000
Closed Okafor Cyprian $417,000
Closed Okafor Cyprian $250,000
Open Okafor Cyprian $1,200,000
Source: Public Records

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
2024 $26,231 $2,305,211 $722,430 $1,582,781
2023 $26,231 $2,260,012 $708,265 $1,551,747
2022 $25,463 $2,215,699 $694,378 $1,521,321
2021 $24,825 $2,172,255 $680,763 $1,491,492
2020 $24,221 $2,149,982 $673,783 $1,476,199
2019 $24,917 $2,107,826 $660,572 $1,447,254
2018 $24,999 $2,066,497 $647,620 $1,418,877
2017 $24,766 $2,025,978 $634,922 $1,391,056
2016 $22,705 $1,943,300 $608,600 $1,334,700
2015 $20,558 $1,750,800 $548,600 $1,202,200
2014 $20,113 $1,651,700 $517,600 $1,134,100
Source: Public Records

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