NOT LISTED FOR SALE

2460 Cimarron Dr Morgan Hill, CA 95037

Estimated Value: $978,084 - $1,167,000

3 Beds
2 Baths
1,177 Sq Ft
$895/Sq Ft Est. Value

Last Sold April 16, 2015

Last sale price $615,000 $523 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $6,279/month

10 Days on Market

Highlights

  • View of Hills
  • Wood Flooring
  • Eat-In Kitchen
  • Vaulted Ceiling
  • 2 Car Attached Garage
  • Forced Air Heating System

About This Home

As of April 2015

The perfect home to enjoy the good life in Morgan Hill. Located on a quiet cul-de-sac in the sought after Fountain Oaks neighborhood, you are just minutes from all that Morgan Hill has to offer. The layout of this desirable floor plan along with the vaulted ceilings make it seem much more spacious than the SF would indicate. And the pie shaped lot results in a very large backyard & huge side yards. Featuring a brand new roof, fresh paint inside & out, & new carpeting along with Section One Clearance. Wow!

Last Agent to Sell the Property

David Frazer

Coldwell Banker Realty License #01417036 Listed on: 03/19/2015

Coldwell Banker Realty

Last Buyer's Agent

Frank Rinauro

Victoria Properties License #01474194

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,357

Year Built

  • Built in 1977

Lot Details

  • 7,492 Sq Ft Lot
  • Pie Shaped Lot
  • Back Yard Fenced
  • Zoning described as R1

Parking

  • 2 Car Attached Garage

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,177 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Views of Hills

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • 220 Volts

Listing and Financial Details

  • Assessor Parcel Number 817-54-028

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,357

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch
  • Age: 38
  • Listing Class: Residential
  • Structure Sq Ft: 1177
  • Year Built: 1977
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Dining Room: Breakfast Bar, Eat in Kitchen
  • Kitchen: 220 Volt Outlet, Dishwasher, Oven Range
  • Living Sq Ft: 1177
  • Stories: 1
  • Flooring: Carpet, Hardwood, Vinyl / Linoleum
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition, Shingle
  • View: Hills
  • Yard/Grounds: Back Yard, Fenced
  • Fencing: Fenced Back, Wood
  • Construction Type: Wood Frame

Garage/Parking

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

Utilities

  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Vaulted Ceiling

Schools

  • School District: Morgan Hill Unified
  • Elementary School: Jackson Elementary
  • High School: Live Oak High
  • High School: 308
  • Elementary School: 297

Lot Info

  • Lot Description: Pie Shaped
  • Parcel Number: 817-54-028
  • Lot Acres: 0.1720
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7500.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7500.00

Multi Family

  • Utilities: Natural Gas, Public Utilities

MLS Schools

  • High School District Text: Morgan Hill Unified
  • Elementary School Text: Jackson Elementary
  • High School Text: Live Oak High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 27, 2018
Sold by
Pittenger Cheryl and Pittenger Richard
Bought by
Palermo Ryan
Current Estimated Value
$1,053,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,500
Outstanding Balance
$91,368
Interest Rate
4.9%
Mortgage Type
New Conventional
Estimated Equity
$961,653

Purchase Details

Listed on
Mar 19, 2015
Closed on
Apr 8, 2015
Sold by
Merz Mark M
Bought by
Palermo Ryan and Pittenger Cheryl
Seller's Agent
David Frazer
Coldwell Banker Realty
Buyer's Agent
Frank Rinauro
Victoria Properties
List Price
$599,000
Sold Price
$615,000
Premium/Discount to List
$16,000
2.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.27%

Purchase Details

Closed on
Mar 27, 2007
Sold by
Merz W Lee
Bought by
Merz Wilma Lee

Purchase Details

Closed on
Aug 23, 1998
Sold by
Jones Paul M and Jones Cecilia A
Bought by
Merz W Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.91%
Source: Public Records

Range of Values:

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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
Palermo Ryan $110,000 Old Republic Title Co
Palermo Ryan $615,000 Chicago Title Company
Merz Wilma Lee -- None Available
Merz W Lee $271,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palermo Ryan $103,500
Previous Owner Merz W Lee $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2015 04/16/15 Sold $615,000 +2.7% $523 / Sq Ft
03/29/2015 03/29/15 Pending -- -- --
03/19/2015 03/19/15 For Sale $599,000 -- $509 / 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 $8,357 $739,128 $332,547 $406,581
2024 $8,357 $724,636 $326,027 $398,609
2023 $8,249 $710,429 $319,635 $390,794
2022 $8,111 $696,500 $313,368 $383,132
2021 $7,908 $682,844 $307,224 $375,620
2020 $7,717 $675,843 $304,074 $371,769
2019 $7,936 $679,151 $346,883 $332,268
2018 $7,876 $649,601 $292,267 $357,334
2017 $7,801 $636,865 $286,537 $350,328
2016 $7,304 $624,378 $280,919 $343,459
2015 $4,248 $352,966 $156,525 $196,441
2014 $4,296 $346,052 $153,459 $192,593
Source: Public Records

Agents Affiliated with this Home

  • David Frazer

    Seller's Agent in 2015

    David Frazer

    Coldwell Banker Realty

    (408) 930-2673

    47 in this area

    75 Total Sales

    David Frazer
    Section Image

  • F

    Buyer's Agent in 2015

    Frank Rinauro

    Victoria Properties

    Section Image
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Map

Source: MLSListings

MLS Number: ML81455849

MLSListings

APN: 817-54-028

California Santa Clara County Morgan Hill 95037

2460 Cimarron Dr, Morgan Hill, CA

This home is located at 2460 Cimarron Dr, Morgan Hill, CA 95037 since 19 March 2015 and is currently estimated at $1,053,021, approximately $894 per square foot. This property was built in 1977. 2460 Cimarron Dr is a home located in Santa Clara County with nearby schools including Jackson Academy of Music & Math (Jamm), Lewis H. Britton Middle School, and Live Oak High School.

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