NOT LISTED FOR SALE

2740 Thomas Grade Morgan Hill, CA 95037

Estimated Value: $1,357,000 - $1,479,000

3 Beds
2.5 Baths
2,257 Sq Ft
$630/Sq Ft Est. Value

Last Sold November 10, 2020

Last sale price $1,000,000 $443 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $8,435/month

31 Days on Market

Highlights

  • City Lights View
  • Clubhouse
  • Wood Flooring
  • 0.43 Acre Lot
  • Deck
  • Granite Countertops

About This Home

As of November 2020

Are you looking for spectacular city lights views, yet don't want to be too far from civilization? Then 2740 Thomas Grade may be what you're looking for! Featuring panoramic views of Morgan Hill & El Toro, this relaxing setting is ideal for today's work from home lifestyle. The lot is over 18K sqft & gets washed in sunshine, with lots of potential for gardening or relaxing outdoors. A wraparound deck makes outdoor entertaining a breeze, & the views have a wow factor that will impress friends & family. There are 3 bedrooms plus a separate family room that could be used as an office, along with a living room featuring open beam ceilings, retro wet bar, updated eat in kitchen, separate dining room, hardwood floors, central AC, dual pane windows, fresh paint, indoor laundry & a wood burning fireplace. Not to mention the HOA pool & Jackson Academy of Math & Music! If the hustle & bustle of Silicon Valley has worn you down, then this serene retreat might be the perfect location to recharge!

Last Agent to Sell the Property

David Frazer

Coldwell Banker Realty License #01417036 Listed on: 09/19/2020

Coldwell Banker Realty

Last Buyer's Agent

Karnjosh Sarangal

Compass License #02110567

Home Details

Home Type

  • Single Family

Year Built

  • 1981

Lot Details

  • 0.43 Acre Lot
  • Lot Sloped Down
  • Back Yard

HOA Fees

  • $34 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • City Lights
  • Ridge
  • Hills

Home Design

  • Tile Roof
  • Concrete Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,257 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Beamed Ceilings
  • Wood Burning Fireplace
  • Double Pane Windows
  • Separate Family Room
  • Living Room with Fireplace
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Double Oven
  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level

Laundry

  • Laundry in Utility Room
  • Gas Dryer Hookup

Additional Features

  • Deck
  • Forced Air Heating and Cooling System

Community Details

Overview

  • Association fees include insurance - common area, maintenance - common area, pool spa or tennis
  • Jackson Oaks Association

Amenities

  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Year Built

1981

Lot Details

0

HOA Fees

$34 per month

Parking

2

Listing Details

  • Zoning: RPC
  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 2257
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1981

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room, Wood Burning
  • Dining Room: Breakfast Bar, Eat In Kitchen, Formal Dining Room
  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Garbage Disposal, Hood Over Range, Oven - Double, Pantry, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 2257
  • Stories: 2
  • Bedrooms: Walk-In Closet
  • Laundry: Electricity Hookup (220V), Gas Hookup, In Utility Room, Inside
  • Flooring: Carpet, Hardwood, Vinyl / Linoleum
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Half On Ground Floor

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Concrete, Tile
  • View: City Lights, Hills, Ridge
  • Yard/Grounds: Back Yard, Deck

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 Connected

Condo/Co-op/Association

  • Complex Name: Jackson Oaks
  • HOA Fees: 34
  • HOA Amenities: Club House, Community Pool
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Insurance - Common Area, Maintenance - Common Area, Pool, Spa, Or Tennis
  • HOA Exist: Yes
  • H O A Name Text: Jackson Oaks

Association/Amenities

  • Amenities Miscellaneous: Open Beam Ceiling, Wet Bar

Schools

  • High School: 308

Lot Info

  • Lot Description: Grade - Sloped Down, Views
  • Lot Acres: 0.4345
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 18925.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 18925.00

Green Features

  • Energy Features: Double Pane Windows

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2020
Closed on
Nov 4, 2020
Sold by
Kim John Lee and Kim Ok Kum
Bought by
Kuriakose Aju and Aju Chitra
Seller's Agent
David Frazer
Coldwell Banker Realty
Buyer's Agent
Karnjosh Sarangal
Compass
List Price
$1,024,800
Sold Price
$1,000,000
Premium/Discount to List
-$24,800
-2.42%
Current Estimated Value
$1,421,178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$421,178
Avg. Annual Appreciation
6.98%
Original Mortgage
$134,300
Outstanding Balance
$119,594
Interest Rate
2.84%
Mortgage Type
New Conventional
Estimated Equity
$1,301,584

Purchase Details

Closed on
Nov 6, 2009
Sold by
Kim John Lee and Kim Ok Kum
Bought by
Kim John Lee and Kim Ok Kum

Purchase Details

Closed on
Aug 28, 2001
Sold by
Webber Scott M and Webber Angela J
Bought by
Kim John L and Kim Ok Kum

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$481,250
Interest Rate
7%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
May 16, 1996
Sold by
Candy Ranch
Bought by
Webber Scott M and Webber Angela J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
7.37%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kuriakose Aju $1,000,000 Chicago Title Company
Kim John Lee -- None Available
Kim John L $535,000 Old Republic Title Company
Webber Scott M $250,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kuriakose Aju $134,300
Open Kuriakose Aju $765,600
Previous Owner Kim John L $481,250
Previous Owner Webber Scott M $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/10/2020 11/10/20 Sold $1,000,000 +2.6% $443 / Sq Ft
10/20/2020 10/20/20 Pending -- -- --
10/19/2020 10/19/20 Price Changed $974,800 -2.5% $432 / Sq Ft
10/02/2020 10/02/20 Price Changed $999,800 -2.4% $443 / Sq Ft
09/19/2020 09/19/20 For Sale $1,024,800 -- $454 / Sq Ft
Source: MLSListings

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 $12,081 $1,082,158 $757,484 $324,674
2024 $12,081 $1,060,940 $742,632 $318,308
2023 $11,925 $1,040,138 $728,071 $312,067
2022 $11,724 $1,019,745 $713,796 $305,949
2021 $11,429 $999,750 $699,800 $299,950
2020 $8,164 $722,668 $337,695 $384,973
2019 $8,410 $708,499 $331,074 $377,425
2018 $8,502 $694,608 $324,583 $370,025
2017 $8,422 $680,989 $318,219 $362,770
2016 $7,887 $667,637 $311,980 $355,657
2015 $7,803 $657,609 $307,294 $350,315
2014 $7,915 $644,728 $301,275 $343,453
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81811259

MLSListings

APN: 729-01-005