NOT LISTED FOR SALE

2535 Magnolia Way Morgan Hill, CA 95037

Estimated Value: $1,399,000 - $1,647,000

5 Beds
3 Baths
2,808 Sq Ft
$536/Sq Ft Est. Value

Last Sold December 21, 2021

Last sale price $1,260,000 $449 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $9,404/month

Highlights

  • Solar Power System
  • Vaulted Ceiling
  • Wood Flooring
  • Mountain View
  • Traditional Architecture
  • Main Floor Bedroom

About This Home

As of December 2021

This home is located at 2535 Magnolia Way, Morgan Hill, CA 95037 since 17 November 2021 and is currently estimated at $1,505,110, approximately $536 per square foot. This property was built in 1997. 2535 Magnolia Way is a home located in Santa Clara County with nearby schools including Jackson Academy of Music & Math (Jamm), Martin Murphy Middle School, and Live Oak High School.

Last Agent to Sell the Property

Patrick Bedley

Pacific Oak Homes License #01429504 Listed on: 11/17/2021

Pacific Oak Homes

Last Buyer's Agent

David Frazer

Coldwell Banker Realty License #01417036

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,935

Year Built

  • 1997

Lot Details

  • 7,148 Sq Ft Lot
  • Wood Fence
  • Sprinkler System
  • Back Yard

HOA Fees

  • $120 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Mountain
  • Park or Greenbelt
  • Neighborhood

Home Design

  • Traditional Architecture
  • Wood Frame Construction
  • Tile Roof

Interior Spaces

  • 2,808 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • 2 Fireplaces
  • Gas Log Fireplace
  • Separate Family Room
  • Formal Dining Room
  • Loft
  • Storage Room
  • Crawl Space
  • Alarm System
  • Attic

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Tile Countertops

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Loft Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry in Utility Room
  • Washer and Dryer

Eco-Friendly Details

  • Energy-Efficient Insulation
  • Solar Power System
  • Solar owned by a third party

Outdoor Features

  • Gazebo

Utilities

  • Forced Air Heating and Cooling System
  • Water Treatment System
  • Water Softener is Owned

Community Details

Overview

  • Association fees include maintenance - common area
  • Heritage Green Association

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,935

Year Built

1997

Lot Details

0

HOA Fees

$120 per month

Parking

2

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Style: Traditional
  • Age: 24
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 40
  • Structure Sq Ft: 2808
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1997

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Log
  • Dining Room: Formal Dining Room
  • Kitchen: Cooktop - Gas, Countertop - Tile, Dishwasher, Island, Microwave, Oven Range - Gas, Pantry, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 2808
  • Stories: 2
  • Security: Security Alarm
  • Bedrooms: Ground Floor Bedroom, Loft Bedroom, Walk-In Closet
  • Laundry: Electricity Hookup (220V), In Utility Room, Washer / Dryer
  • Flooring: Hardwood, Laminate, Tile
  • Additional Rooms: Attic, Loft, Storage
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Bathroom: Shower And Tub, Stall Shower, Tile

Exterior Features

  • Foundation: Crawl Space, Wood Frame
  • Roof: Tile
  • View: Greenbelt, Mountains, Neighborhood
  • Yard/Grounds: Back Yard, Fenced, Gazebo, Sprinklers - Lawn
  • Fencing: Wood
  • Construction Type: Wood, Wood Frame

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Complex Name: Heritage Greens
  • HOA Fees: 120
  • HOA Amenities: Playground
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Maintenance - Common Area
  • HOA Exist: Yes
  • H O A Name Text: Heritage Green

Association/Amenities

  • Amenities Miscellaneous: Vaulted Ceiling, Walk-In Closet, Wet Bar

Schools

  • School District: Morgan Hill Unified
  • Elementary School: Jackson Academy of Math and Music
  • Middle School: Lewis H. Britton Middle
  • High School: Live Oak High
  • High School: 308
  • Elementary School: 297
  • Middle School: 305

Lot Info

  • Lot Description: Regular, Views
  • Lot Acres: 0.1641
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7150.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7150.00
  • Soil: Unknown

Green Features

  • Energy Features: Solar Power, Walls Insulated

Multi Family

  • Utilities: Public Utilities, Solar Panels - Leased

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 18, 2025
Sold by
Ly Christina and Gonzalez-Papa Luis E
Bought by
Gonzalez-Ly Family Trust and Ly
Current Estimated Value
$1,505,110

Purchase Details

Listed on
Nov 17, 2021
Closed on
Dec 13, 2021
Sold by
Durnford Gerald S and Durnford Lelila C
Bought by
Ly Christina and Gonzalez Papa Luis
Seller's Agent
Patrick Bedley
Pacific Oak Homes
Buyer's Agent
David Frazer
Coldwell Banker Realty
List Price
$1,260,000
Sold Price
$1,260,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.74%
Original Mortgage
$937,500
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 25, 2016
Sold by
Durnford Gerald S and Durnford Lelila C
Bought by
Durnford Gerald S and Durnford Lelila C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$857,038
Interest Rate
3.48%
Mortgage Type
VA

Purchase Details

Closed on
Jul 25, 2002
Sold by
Durnford Gerald S and Durnford Lelila C
Bought by
Durnford Gerald S and Durnford Lelila C

Purchase Details

Closed on
Mar 30, 1999
Sold by
Ljw Enterprises Inc
Bought by
Durnford Gerald S and Durnford Lelila C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,000
Interest Rate
6.87%

Purchase Details

Closed on
Aug 26, 1997
Sold by
Kirwan Steven M and Kirwan Joan Larsen
Bought by
Ljw Enterprises Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,950
Interest Rate
7.43%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Gonzalez-Ly Family Trust -- None Listed On Document
Gonzalez-Ly Family Trust -- None Listed On Document
Ly Christina $1,260,000 Chicago Title Company
Durnford Gerald S -- None Available
Durnford Gerald S -- Unisource
Durnford Gerald S -- --
Durnford Gerald S $525,000 Old Republic Title Company
Ljw Enterprises Inc -- Old Republic Title Company
Kirwan Steven M $445,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ly Christina $937,500
Previous Owner Durnford Gerald S $857,038
Previous Owner Durnford Gerald S $355,000
Previous Owner Kirwan Steven M $355,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2021 12/21/21 Sold $1,260,000 0.0% $449 / Sq Ft
11/17/2021 11/17/21 Pending -- -- --
11/17/2021 11/17/21 For Sale $1,260,000 -- $449 / 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 $15,935 $1,337,121 $891,414 $445,707
2024 $15,935 $1,310,904 $873,936 $436,968
2023 $15,724 $1,285,200 $856,800 $428,400
2022 $15,459 $1,260,000 $840,000 $420,000
2021 $12,095 $979,738 $425,972 $553,766
2020 $11,805 $969,693 $421,605 $548,088
2019 $12,098 $950,681 $413,339 $537,342
2018 $12,115 $932,041 $405,235 $526,806
2017 $11,992 $913,767 $397,290 $516,477
2016 $11,267 $895,850 $389,500 $506,350
2015 $11,138 $882,395 $383,650 $498,745
2014 $11,278 $865,111 $376,135 $488,976
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81867484

MLSListings

APN: 728-41-012