NOT LISTED FOR SALE

285 W Main Ave Morgan Hill, CA 95037

Estimated Value: $1,268,301

2 Beds
2 Baths
1,342 Sq Ft
$945/Sq Ft Est. Value

Last Sold March 10, 2022

Last sale price $1,300,000 $969 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $7,957/month

99 Days on Market

Highlights

  • 0.4 Acre Lot
  • Forced Air Heating and Cooling System
  • 4-minute walk to Galvan Park
  • Open to Family Room
  • Dining Area

About This Home

As of March 2022

MOTIVATED SELLERS!!! This is a mix-use property. The main home has approximately 1,200 of living space with two bedrooms and two bathrooms. It was remodeled in 2,000. It also has an attached 887 sq. ft. hair salon. The property is zoned Mixed Use (MU-N). Some of the possible business uses include Multi-Unit Dwelling, Day Care, Senior Housing, General Retail, Professional Office, Restaurant, Medical Offices, Banks and Financial Institutions.. Owner has installed a commercial water supply valve on the property. The Hair Salon has fire sprinklers and is ADA compliant. Property is located within walking distance to the thriving Downtown Morgan Hill Business District. This property has the potential to run a business in the front of the home, live in the back of the home and build a multi-unit home on the lot. The possibilities are only limited by one's creativity and, of course, compliance with City zoning laws. Also listed as commercial MLS #ML81875934 .

Last Agent to Sell the Property

Julian Mancias

Julian Mancias, Broker License #01035244 Listed on: 10/30/2021

Co-Listed By

Debbie Lowrey

Julian Mancias, Broker License #00625877

Last Buyer's Agent

Nancy Ma

Intero Real Estate Services License #01994760

Intero Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,662

Year Built

  • 1920

Lot Details

  • 0.4 Acre Lot

Parking

  • 2 Car Garage
  • Carport

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,342 Sq Ft Home
  • Dining Area
  • Open to Family Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,662

Year Built

1920

Lot Details

0

Parking

2

Listing Details

  • Zoning: CC
  • Subclass: Single Family Home
  • Age: 101
  • Listing Class: Residential
  • Structure Sq Ft: 1342
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1920

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Dining Room: Dining Area
  • Living Sq Ft: 1342
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

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

Utilities

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

Schools

  • School District: Morgan Hill Unified

Lot Info

  • Lot Acres: 0.3985
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 17360.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 17360.00

Multi Family

  • Utilities: Individual Electric Meters, Natural Gas, Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2021
Closed on
Mar 7, 2022
Sold by
Diaz Juan M and Diaz Maria S
Bought by
285 Main Llc
Seller's Agent
Julian Mancias
Julian Mancias, Broker
Buyer's Agent
Nancy Ma
Intero Real Estate Services
List Price
$1,300,000
Sold Price
$1,300,000
Current Estimated Value
$1,268,301

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$31,699
Avg. Annual Appreciation
-0.68%

Purchase Details

Closed on
Jul 26, 1999
Sold by
Eldon Smith and Gerald Smith
Bought by
Diaz Juan M and Diaz Maria S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
11.25%
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
285 Main Llc $1,300,000 Old Republic Title
Diaz Juan M $240,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Diaz Juan M $204,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2022 03/10/22 Sold $1,300,000 -3.7% $969 / Sq Ft
02/07/2022 02/07/22 Pending -- -- --
01/09/2022 01/09/22 Price Changed $1,350,000 +3.8% $1,006 / Sq Ft
10/30/2021 10/30/21 For Sale $1,300,000 -- $969 / 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 $15,662 $1,379,302 $1,034,464 $344,838
2024 $15,662 $1,352,258 $1,014,181 $338,077
2023 $15,662 $1,325,745 $994,296 $331,449
2022 $6,703 $579,080 $338,902 $240,178
2021 $6,534 $567,726 $332,257 $235,469
2020 $6,376 $561,906 $328,851 $233,055
2019 $6,554 $550,889 $322,403 $228,486
2018 $6,572 $540,088 $316,082 $224,006
2017 $6,508 $529,499 $309,885 $219,614
2016 $6,093 $519,117 $303,809 $215,308
2015 $5,777 $489,900 $286,700 $203,200
2014 $5,631 $462,200 $270,500 $191,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81868714

MLSListings

APN: 764-17-007