NOT LISTED FOR SALE

227 Spring Ave Morgan Hill, CA 95037

Estimated Value: $735,000 - $863,000

3 Beds
3 Baths
1,328 Sq Ft
$611/Sq Ft Est. Value

Last Sold July 23, 2019

Last sale price $615,000 $463 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $5,180/month

51 Days on Market

Highlights

  • Eat-In Kitchen
  • Washer and Dryer
  • Carpet
  • Forced Air Heating System

About This Home

As of July 2019

This lovely condo "Townhouse style" community is nestled among single family homes near the Morgan Hill luscious green foothills, just 1/2 mile from lively downtown Morgan Hill, fantastic restaurants and shopping, EZ access to Hwy 101, this home features 3 bedrooms, with 3 full bathrooms, one bed and bath on ground level, TWO master suites upstairs.Indoor laundry. Must see to appreciate.

Last Agent to Sell the Property

Suzanne Hunter

Intero Real Estate Services License #01505241 Listed on: 05/03/2019

Intero Real Estate Services

Last Buyer's Agent

Bernard Galvan

Intero Real Estate Services License #00989701

Intero Real Estate Services

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,508

Year Built

  • Built in 1998

Lot Details

  • 945

HOA Fees

  • $300 Monthly HOA Fees

Home Design

  • Composition Roof

Interior Spaces

  • 1,328 Sq Ft Home
  • 2-Story Property

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Cooktop
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer and Dryer

Parking

  • 2 Carport Spaces
  • Uncovered Parking

Additional Features

  • 945 Sq Ft Lot
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 767-11-060

Community Details

Overview

  • Association fees include common area electricity, garbage, maintenance - common area, maintenance - road, water
  • Morgan Springs South Valley Property Mgm Association
  • Built by Morgan Springs

Pet Policy

  • Pets Allowed with Restrictions

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,508

Year Built

Built in 1998

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Subclass: Townhouse
  • Restrictions: Pets - Restrictions
  • Age: 21
  • Listing Class: Residential
  • Structure Sq Ft: 1328
  • Complex Name: Morgan Springs
  • Year Built: 1998
  • Zoning Description: R3
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Family Room: No Family Room
  • Dining Room: Breakfast Bar, Eat in Kitchen
  • Kitchen: Cooktop - Electric, Dishwasher
  • Living Sq Ft: 1328
  • Stories: 2
  • Laundry: Inside, Washer / Dryer
  • Flooring: Carpet, Laminate
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 3
  • Total Bedrooms: 3

Exterior Features

  • Roof: Composition

Garage/Parking

  • Garage Parking Features: Uncovered Parking
  • Carport Min: 2

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer Connected

Condo/Co-op/Association

  • HOA Fees: 300
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Garbage, Maintenance - Common Area, Maintenance - Road, Water
  • H O A Name Text: Morgan Springs south valley property mgm
  • H O A Exist: Yes

Schools

  • School District: Morgan Hill Unified

Lot Info

  • Parcel Number: 767-11-060
  • Lot Acres: 0.0217
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 947.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 947.00

Multi Family

  • Utilities: Public Utilities
  • Maximum Building Height: 2
  • Minimum Building Height: 2

MLS Schools

  • High School District Text: Morgan Hill Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 25, 2020
Sold by
Randazzo Matthew J and Randazzo Matthew J
Bought by
Randazzo Matthew
Current Estimated Value
$811,037

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Outstanding Balance
$428,105
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$382,932

Purchase Details

Listed on
May 3, 2019
Closed on
Jul 9, 2019
Sold by
Yowell Janet L and The Janet L Yowell 2007 Revoca
Bought by
Randazzo Matthew J
Seller's Agent
Suzanne Hunter
Intero Real Estate Services
Buyer's Agent
Bernard Galvan
Intero Real Estate Services
List Price
$639,000
Sold Price
$615,000
Premium/Discount to List
-$24,000
-3.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.51%
Original Mortgage
$488,000
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 2007
Sold by
Yowell Janet
Bought by
Yowell Janet L

Purchase Details

Closed on
May 12, 2004
Sold by
Difalco Angelo A and Difalco Bessie A
Bought by
Yowell Janet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 28, 1999
Sold by
Sullivan Patrick D and Sullivan Yolanda M
Bought by
Difalco Angelo A and Difalco Bessie A
Source: Public Records

Range of Values:

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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
Randazzo Matthew -- Chicago Title
Randazzo Matthew J $615,000 Orange Coast Ttl Co Of Nocal
Yowell Janet L -- None Available
Yowell Janet $415,000 Chicago Title
Difalco Angelo A $250,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Randazzo Matthew $480,000
Previous Owner Randazzo Matthew J $488,000
Previous Owner Yowell Janet $332,000
Closed Yowell Janet $55,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/23/2019 07/23/19 Sold $615,000 -3.8% $463 / Sq Ft
06/24/2019 06/24/19 Pending -- -- --
05/30/2019 05/30/19 For Sale $639,000 0.0% $481 / Sq Ft
05/09/2019 05/09/19 Pending -- -- --
05/03/2019 05/03/19 For Sale $639,000 -- $481 / 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 $7,508 $672,584 $336,292 $336,292
2024 $7,508 $659,398 $329,699 $329,699
2023 $7,411 $646,470 $323,235 $323,235
2022 $7,286 $633,796 $316,898 $316,898
2021 $7,104 $621,370 $310,685 $310,685
2020 $6,611 $585,000 $292,500 $292,500
2019 $6,253 $528,608 $211,441 $317,167
2018 $6,272 $518,245 $207,296 $310,949
2017 $5,980 $489,000 $195,500 $293,500
2016 $5,197 $445,000 $177,900 $267,100
2015 $4,729 $403,000 $161,200 $241,800
2014 $4,602 $380,000 $152,000 $228,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81750096

MLSListings

APN: 767-11-060