NOT LISTED FOR SALE

235 E Edmundson Ave Morgan Hill, CA 95037

Morgan Hill Area
7 Beds
5 Baths
2,740 Sq Ft
7,009 Sq Ft Lot

Sale Details

Date Sold: February 13, 2023

Last sale price $1,300,000 $474 Per Sq Ft

108 Days on Market

Highlights

  • Contemporary Architecture
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Ann Sobrato High School Rated A

About This Home

As of February 2023

Duplex: 4 bedrooms 2.5 Bathrooms / 3 Bedrooms 1.5 Bathrooms - Built in 1999 this duplex is a must see property! Live on one side and rent the other. 3 bedroom unit was remodeled 2 years ago, the 4 bedroom shows great. This property is in a great location near Starbucks, Safeway, Movie Theater and Highway 101.

Last Agent to Sell the Property

Gary Palacios

Compass License #01396802 Listed on: 10/06/2022

Compass

Last Buyer's Agent

Erika Carrasco

Intero Real Estate Services License #01740048

Intero Real Estate Services
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Property Details

Home Type

  • Multi-Family

Year Built

  • 1999

Lot Details

  • 7,009 Sq Ft Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Duplex
  • Contemporary Architecture
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,740 Sq Ft Home
  • Laminate Flooring

Utilities

  • Forced Air Heating and Cooling System
  • Private Sewer

Listing and Financial Details

  • Total Actual Rent $61,800

Community Details

Overview

Building Details

  • 2 Leased Units
  • Gardener Expense $1,200
  • Insurance Expense $1,700
  • Operating Expense $20,400
  • Gross Income $61,800

Property Details

Home Type

Multi-Family

Year Built

1999

Lot Details

7,009 Sq Ft Lot

Parking

2

Listing Details

  • Zoning: R-2
  • Subclass: Duplex
  • Style: Contemporary
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2740
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1999

Interior Features

  • Living Sq Ft: 2740
  • Flooring: Laminate

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Private

Lot Info

  • Lot Acres: 0.1609
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7010.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7010.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 21.36
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1700
  • Expense Landscape: 1200
  • Expenses Total: 20400
  • Income Annual Gross: 61800.00
  • Income Annual Rental: 61800
  • Income Gross Scheduled: 61800
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Maintenance - Repair, Services - Gardener, Services - Trash Removal
  • Tenant Expenses: All Expenses, Utilities - Electric, Utilities - Gas, Utilities - Water

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
Oct 6, 2022
Closed on
Feb 6, 2023
Sold by
Bought by
Seller's Agent
Gary Palacios
Compass
Buyer's Agent
Erika Carrasco
Intero Real Estate Services
List Price
$1,400,000
Sold Price
$1,300,000
Premium/Discount to List
-$100,000
-7.14%
Views
96

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,017,150
Outstanding Balance
$974,913
Interest Rate
6.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 9, 2008
Sold by
Bought by

Purchase Details

Closed on
Jun 16, 2005
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
$78,500
Interest Rate
5.65%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 2, 2002
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
$345,000
Interest Rate
7.18%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Morgan Hill, CA

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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
$1,300,000 Chicago Title
$500,000 Fidelity National Title Co
$785,000 Old Republic Title Company
$172,500 Old Republic 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 $1,017,150
Previous Owner $78,500
Previous Owner $628,000
Previous Owner $345,000
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
02/13/2023 02/13/23 Sold $1,300,000 -7.1% $474 / Sq Ft
01/23/2023 01/23/23 Pending -- -- --
10/06/2022 10/06/22 For Sale $1,400,000 -- $511 / 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
2026 $15,369 $1,379,570 $689,785 $689,785
2025 $15,082 $1,352,520 $676,260 $676,260
2024 $15,082 $1,326,000 $663,000 $663,000
2023 $7,211 $618,865 $185,656 $433,209
2022 $7,090 $606,731 $182,016 $424,715
2021 $6,912 $594,836 $178,448 $416,388
2020 $6,746 $588,738 $176,619 $412,119
2019 $6,936 $577,195 $173,156 $404,039
2018 $6,957 $565,878 $169,761 $396,117
2017 $6,892 $554,783 $166,433 $388,350
2016 $6,453 $543,906 $163,170 $380,736
2015 $6,385 $535,737 $160,720 $375,017
2014 $6,471 $525,243 $157,572 $367,671
Source: Public Records

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Map

Source: MLSListings

MLS Number: ML81914226

MLSListings

APN: 817-04-041

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