NOT LISTED FOR SALE

240 Via Naretto Morgan Hill, CA 95037

Estimated Value: $1,209,215 - $1,444,000

3 Beds
2.5 Baths
1,930 Sq Ft
$691/Sq Ft Est. Value

Last Sold October 09, 2020

Last sale price $950,000 $492 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $7,936/month

35 Days on Market

Highlights

  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Dining Area
  • Ann Sobrato High School Rated A
  • Separate Family Room
  • 5-minute walk to West Little Llagas Creek Trail

About This Home

As of October 2020

Turn key! Beautifully designed with over 250K upgrades! Imagine getting away from it all in your own home. Have a staycation! Step into this delightful jewel box of a house, close the door on the outside world and have a holiday every day. Enjoy a cup of coffee on the welcoming, sun-drenched patio just steps from your bright new kitchen. Indulge yourself in your luxurious, spa-like master bathroom. Have a BBQ with family and friends in the back yard, let the kids and dog enjoy some room to play. When it is time to return to the real world, you are perfectly situated near great schools, shopping, dining and commuter routes. Live in the heart of Silicon Valley and have a sunny place to escape to without ever leaving town. Book your holiday today!

Last Agent to Sell the Property

Linda Chu

Wailea Real Estate Group Inc License #01881811 Listed on: 07/16/2020

Last Buyer's Agent

Randy Basso

Coldwell Banker Realty License #02065041

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,496

Year Built

  • 2000

Lot Details

  • 3,141 Sq Ft Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,930 Sq Ft Home
  • 2-Story Property
  • Separate Family Room
  • Living Room with Fireplace
  • Dining Area

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Private Sewer

Community Details

  • Property has a Home Owners Association
  • Rio Sereno Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,496

Year Built

2000

Lot Details

0

Parking

2

Listing Details

  • Zoning: R2350
  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 1930
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2000

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room
  • Dining Room: Dining Area
  • Fireplace: Yes
  • Living Sq Ft: 1930
  • Stories: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3

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
  • Sewer/Septic System: Sewer - Private

Condo/Co-op/Association

  • HOA Fees: 100
  • HOA Exist: Yes
  • H O A Name Text: Rio Sereno

Lot Info

  • Lot Acres: 0.0721
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3142.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 3142.00

Multi Family

  • Utilities: Public Utilities

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2020
Closed on
Oct 9, 2020
Sold by
Mutobe Rick T and Mutobe Patricia A
Bought by
Mutobe Rick T and Mutobe Sanra Ines
Seller's Agent
Linda Chu
Wailea Real Estate Group Inc
Buyer's Agent
Randy Basso
Coldwell Banker Realty
List Price
$918,888
Sold Price
$950,000
Premium/Discount to List
$31,112
3.39%
Current Estimated Value
$1,333,054

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$383,054
Avg. Annual Appreciation
6.94%
Original Mortgage
$425,000
Outstanding Balance
$378,015
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$955,039

Purchase Details

Listed on
Jul 16, 2020
Closed on
Sep 24, 2020
Sold by
Holz Scott and Nary Leslie
Bought by
Mutobe Rick T and Mutobe Patricia A
Seller's Agent
Linda Chu
Wailea Real Estate Group Inc
Buyer's Agent
Randy Basso
Coldwell Banker Realty
List Price
$918,888
Sold Price
$950,000
Premium/Discount to List
$31,112
3.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Outstanding Balance
$378,015
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$955,039

Purchase Details

Closed on
Jan 8, 2009
Sold by
Hernandez Hector E and Castelan Sylvia B
Bought by
Holz Scott and Nary Leslie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 29, 2005
Sold by
Lutz Andrew A and Zhang Min
Bought by
Hernandez Hector E and Castelan Sylvia B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 7, 2002
Sold by
Mission Valley Syncon Lp
Bought by
Lutz Andrew A and Zhang Min

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
Interest Rate
7.18%
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
Mutobe Rick T -- None Available
Mutobe Rick T $950,000 First American Title Company
Holz Scott $460,000 Stewart Title Of California
Hernandez Hector E $675,000 Commonwealth Land Title
Lutz Andrew A $456,500 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mutobe Rick T $425,000
Previous Owner Holz Scott $368,000
Previous Owner Hernandez Hector E $540,000
Previous Owner Lutz Andrew A $362,000
Closed Lutz Andrew A $45,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/09/2020 10/09/20 Sold $950,000 +3.4% $492 / Sq Ft
08/21/2020 08/21/20 Pending -- -- --
07/16/2020 07/16/20 For Sale $918,888 -- $476 / 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 $11,496 $1,028,308 $771,232 $257,076
2024 $11,496 $1,008,146 $756,110 $252,036
2023 $11,347 $988,380 $741,285 $247,095
2022 $11,156 $969,000 $726,750 $242,250
2021 $10,875 $950,000 $712,500 $237,500
2020 $6,148 $541,636 $216,653 $324,983
2019 $6,320 $531,016 $212,405 $318,611
2018 $6,337 $520,605 $208,241 $312,364
2017 $6,276 $510,398 $204,158 $306,240
2016 $5,875 $500,391 $200,155 $300,236
2015 $5,811 $492,876 $197,149 $295,727
2014 $5,886 $483,223 $193,288 $289,935
Source: Public Records

Agents Affiliated with this Home

  • Linda Chu

    Seller's Agent in 2020

    Linda Chu

    Wailea Real Estate Group Inc

    (408) 621-3296

    50 Total Sales

    Linda Chu
    Section Image

  • R

    Buyer's Agent in 2020

    Randy Basso

    Coldwell Banker Realty

    Section Image
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Map

Source: MLSListings

MLS Number: ML81804304

MLSListings

APN: 767-52-019

California Santa Clara County Morgan Hill 95037

240 Via Naretto, Morgan Hill, CA

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