NOT LISTED FOR SALE

Estimated Value: $1,476,337

9.71 Acres
$151,973 Price per Acre
423,164 Sq Ft Lot

Last Sold June 30, 2021

Last sale price $1,285,000

Est. 15% increase in value since last sale

Current estimated payment $9,335/month

11 Days on Market

Highlights

  • 9.71 Acre Lot
  • Agricultural
  • Level Lot
  • Ann Sobrato High School Rated A
  • Partially Fenced Property

About This Lot

As of June 2021

9.7 Acres of farmland with electricity (400A, 3-phase), well water, natural gas (public), and an 800 sf, 2BD/2BA converted mobile home. Another converted mobile home serves as workshop. Approximately 3 acres are fenced, leaving about 7 acres outside the fence. There is a large steel quonset hut, and 7 greenhouse frames. Approved site plan shows 1 mobile home, septic, outbuildings, and greenhouses. Last agricultural use of land was a mushroom farm around 2001. DO NOT DISTURB THE TENANTS. DO NOT WALK THE PROPERTY WITHOUT PERMISSION.

Last Agent to Sell the Property

Robert Moore

Losness Investment Real Estate Corp License #01908682 Listed on: 03/22/2021

Last Buyer's Agent

Robert Moore

Losness Investment Real Estate Corp License #01908682 Listed on: 03/22/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $15,675

Lot Details

  • 9.71 Acre Lot
  • Partially Fenced Property
  • Chain Link Fence
  • Level Lot
  • Corners Of The Lot Have Been Marked

Farming

  • Agricultural
  • Farm Animals Allowed

Horse Facilities and Amenities

  • Horses Potentially Allowed on Property

Utilities

  • Gas Available
  • Water Storage
  • Well
  • Septic Tank

Property Details

Property Type

Land

Est. Annual Taxes

$15,675

Lot Details

0

Listing Details

  • Zoning: A-20A
  • Subclass: Agriculture/Ranch Land
  • Listing Class: Residential Lots & Land
  • Present Use: Agricultural/Residential, Greenhouse, Modular Hms/Trailers, Non-Comforming, Plantable
  • Development Status: Farm Land, Site Plan Approved, Subdivision - Not Possible
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Horse Property: Possible
  • Fencing: Chain Link, Partial Fencing

Utilities

  • Sewer/Septic System: Existing Septic

Schools

  • School District: Morgan Hill Unified

Lot Info

  • Lot Description: Agricultural Use, Corners Marked, Farm Animals (Permitted), Grade - Level, Surveyed
  • Lot Acres: 9.7145
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 423162.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 423162.00
  • Existing Crops Vegetation: Plantable
  • Parcel Access: Accessible, County Maintained Road, Paved Road

Multi Family

  • Utilities: Electricity - On Site, Gas - On Site, Natural Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2021
Closed on
May 24, 2021
Sold by
Xie Shuyu
Bought by
Succulents Depot Llc
Seller's Agent
Robert Moore
Losness Investment Real Estate Corp
Buyer's Agent
Robert Moore
Losness Investment Real Estate Corp
List Price
$1,268,000
Sold Price
$1,285,000
Premium/Discount to List
$17,000
1.34%
Current Estimated Value
$1,476,337

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,337
Avg. Annual Appreciation
3.39%

Purchase Details

Closed on
Apr 13, 2021
Sold by
Moore Robert Vernon
Bought by
Xie Shuyu

Purchase Details

Closed on
Apr 7, 2021
Sold by
Melody Investment Inc
Bought by
Xie Shuyu

Purchase Details

Closed on
May 6, 2014
Sold by
Chow Bill C and Chow Flora Tse
Bought by
Melody Investment Inc
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
Succulents Depot Llc $1,285,000 Old Republic Title Company
Xie Shuyu -- Old Republic Title Company
Xie Shuyu -- Old Republic Title Company
Melody Investment Inc $630,000 Old Republic Title Company
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2021 06/30/21 Sold $1,285,000 +1.3% --
04/03/2021 04/03/21 Pending -- -- --
03/22/2021 03/22/21 For Sale $1,268,000 -- --
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 $15,675 $1,390,923 $1,049,958 $340,965
2024 $15,675 $1,363,651 $1,029,371 $334,280
2023 $15,472 $1,336,914 $1,009,188 $327,726
2022 $15,726 $1,310,700 $989,400 $321,300
2021 $8,346 $713,473 $679,501 $33,972
2020 $8,658 $706,158 $672,534 $33,624
2019 $8,372 $692,313 $659,348 $32,965
2018 $10,571 $678,739 $646,420 $32,319
2017 $8,787 $665,432 $633,746 $31,686
2016 $7,775 $652,385 $621,320 $31,065
2015 $10,191 $642,587 $611,988 $30,599
2014 $8,876 $723,052 $681,108 $41,944
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81835392

MLSListings

APN: 712-23-043