NOT LISTED FOR SALE

311 Wright Ave Morgan Hill, CA 95037

Estimated Value: $1,388,000 - $1,460,000

4 Beds
3 Baths
2,141 Sq Ft
$672/Sq Ft Est. Value

Last Sold April 05, 2021

Last sale price $1,185,000 $553 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $8,744/month

13 Days on Market

Highlights

  • Contemporary Architecture
  • Family Room with Fireplace
  • Wood Flooring
  • Ann Sobrato High School Rated A
  • Jetted Soaking Tub in Primary Bathroom
  • 5-minute walk to Galvan Park

About This Home

As of April 2021

Nested in the west foothills of Morgan Hill this beautiful, well-kept home is ready to welcome its new owner. Easy access to freeways, dining & shopping are within minutes away. Many upgrades, custom-designed spacious kitchen with Thomasville cabinets, granite slab counters & stainless steel appliances, walk-in pantry. Modern living room with fireplace and vaulted ceiling. Welcoming family room with fireplace, access to the back yard with many matured fruit trees. Hardwood & tile floors downstairs, newer carpet upstairs. Crown molding throughout. Owned solar panels, new A/C, security system. 3-car garage with level 2 electric car charging outlet. Water filter & softener system. One bedroom on the 1st floor, full bathroom with Versace tiles and granite vanity top. Master suite on the 2nd floor with large stall shower, sunken jacuzzi tub, double vanity with granite top. Versace tiles throughout, separate toilet, large walk-in closet. Newly installed solid wood gazebo. Move-in ready.

Last Agent to Sell the Property

Maggy Slavova

Golden Trust Realty License #01387995 Listed on: 02/18/2021

Last Buyer's Agent

Suman Bazaz

Alliance Bay Realty License #01411454

Alliance Bay Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,316

Year Built

  • 1995

Lot Details

  • 6,987 Sq Ft Lot
  • Wood Fence

Parking

  • 3 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Post and Beam
  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,141 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Alarm System

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Granite Bathroom Countertops
  • Dual Sinks
  • Jetted Soaking Tub in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,316

Year Built

1995

Lot Details

0

Parking

3

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Style: Contemporary
  • Listing Class: Residential
  • Structure Sq Ft: 2141
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1995

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Living Room, Wood Burning
  • Dining Room: Dining Area, Dining Area In Living Room
  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Exhaust Fan, Island, Microwave, Pantry, Wine Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 2141
  • Stories: 2
  • Security: Security Alarm
  • Bedrooms: More Than One Bedroom On Ground Floor, Walk-In Closet
  • Laundry: In Utility Room, Washer / Dryer
  • Flooring: Carpet, Hardwood, Tile
  • Additional Rooms: Laundry Room
  • Fireplaces Min: 2
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Granite, Primary - Sunken Tub, Primary - Tub With Jets

Exterior Features

  • Foundation: Concrete Perimeter, Post And Beam
  • Roof: Tile
  • Fencing: Wood

Garage/Parking

  • Garage Spaces: 3
  • Garage Parking Features: Attached Garage

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Walk-In Closet

Schools

  • High School: 1080

Lot Info

  • Lot Acres: 0.1604
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6987.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6987.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2021
Closed on
Mar 25, 2021
Sold by
Vitchev Vesselin G and Vitchev Darina D
Bought by
Dayalan Joel Garner and Muthusamy Malathi
Seller's Agent
Maggy Slavova
Golden Trust Realty
Buyer's Agent
Suman Bazaz
Alliance Bay Realty
List Price
$1,049,000
Sold Price
$1,185,000
Premium/Discount to List
$136,000
12.96%
Current Estimated Value
$1,439,738

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$254,738
Avg. Annual Appreciation
4.36%
Original Mortgage
$948,000
Outstanding Balance
$851,248
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$588,490

Purchase Details

Closed on
Oct 30, 2015
Sold by
Vitchev Vesselin G and Vitchava Darina
Bought by
Vitchev Vesselin G and Vitcheva Darina D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 7, 2012
Closed on
Apr 20, 2012
Sold by
Ing Bank Fsb
Bought by
Vitchev Vesselin G and Vitcheva Darina
Seller's Agent
Tara Cook
New Light Realty
Buyer's Agent
Maggy Slavova
Golden Trust Realty
List Price
$546,700
Sold Price
$543,700
Premium/Discount to List
-$3,000
-0.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.54%
Original Mortgage
$489,330
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 8, 2011
Sold by
Price Chris J and Price April M
Bought by
Ing Bank Fsb

Purchase Details

Closed on
Mar 21, 2005
Sold by
Disbrow David A and Disbrow Mary C
Bought by
Price Chris J and Price April M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 21, 1999
Sold by
Steve Fornell
Bought by
Disbrow David A and Disbrow Mary C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7.64%

Purchase Details

Closed on
Feb 27, 1996
Sold by
Red Line Corp
Bought by
Fornell Steve and Fornell Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,750
Interest Rate
9.85%
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
Dayalan Joel Garner $1,185,000 Fidelity National Title Co
Vitchev Vesselin G -- Lawyers Title
Vitchev Vesselin G $544,000 Lawyers Title
Ing Bank Fsb $482,812 Orange Coast Title
Price Chris J $820,000 Old Republic Title Company
Disbrow David A $409,000 Old Republic Title Company
Fornell Steve $317,500 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dayalan Joel Garner $948,000
Previous Owner Vitchev Vesselin G $417,000
Previous Owner Vitchev Vesselin G $489,330
Previous Owner Price Chris J $650,000
Previous Owner Disbrow David A $240,000
Previous Owner Fornell Steve $285,750
Closed Disbrow David A $75,000
Closed Price Chris J $88,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/05/2021 04/05/21 Sold $1,185,000 +13.0% $553 / Sq Ft
03/04/2021 03/04/21 Pending -- -- --
02/18/2021 02/18/21 For Sale $1,049,000 +92.9% $490 / Sq Ft
06/04/2012 06/04/12 Sold $543,700 -0.5% $254 / Sq Ft View Prior Sale
04/23/2012 04/23/12 Pending -- -- --
03/07/2012 03/07/12 For Sale $546,700 -- $255 / 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 $14,316 $1,282,679 $961,956 $320,723
2024 $14,316 $1,257,530 $943,095 $314,435
2023 $14,130 $1,232,873 $924,603 $308,270
2022 $13,893 $1,208,700 $906,474 $302,226
2021 $7,251 $630,903 $315,392 $315,511
2020 $7,075 $624,435 $312,159 $312,276
2019 $7,273 $612,192 $306,039 $306,153
2018 $7,294 $600,189 $300,039 $300,150
2017 $7,224 $588,421 $294,156 $294,265
2016 $6,764 $576,885 $288,389 $288,496
2015 $6,691 $568,221 $284,058 $284,163
2014 $6,780 $557,091 $278,494 $278,597
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81830321

MLSListings

APN: 764-48-017