NOT LISTED FOR SALE

397 Wright Ave Morgan Hill, CA 95037

Estimated Value: $1,463,000 - $1,995,000

4 Beds
3 Baths
2,910 Sq Ft
$604/Sq Ft Est. Value

Last Sold May 12, 2017

Last sale price $1,212,500 $417 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $10,367/month

24 Days on Market

Highlights

  • Panoramic View
  • 0.65 Acre Lot
  • Wood Flooring
  • Ann Sobrato High School Rated A
  • Vaulted Ceiling
  • Hydromassage or Jetted Bathtub

About This Home

As of May 2017

A taste of the Mediterranean right here in Morgan Hill. This 2900 SF Tuscan style home has been remodeled both inside & out, and features spectacular views of the city lights & the hills. You'll feel like you're on vacation every day as you wake up to vistas of El Toro and sweeping views of Morgan Hill. And the exquisite details all have an old world feel, from the fireplace cap to the metal deck railings to the Venetian style stucco. The terraced gardens are abundant with fresh fruit and flowers, including persimmons, peaches, grapes, figs, oranges, bougainvillea and more. And the lush sod lawn offers the perfect spot for the kids to play while you relax with a glass of iced tea on a hot day. There's even a bonus 2 bedroom 2 bathroom attached guest suite, which is simply spectacular inside. Not to mention you are just a short distance from Downtown Morgan Hill and in a few minutes can be enjoying the Farmer's Market, restaurants, and everything else that Downtown has to offer!

Last Agent to Sell the Property

David Frazer

Coldwell Banker Realty License #01417036 Listed on: 03/02/2017

Coldwell Banker Realty

Last Buyer's Agent

Louise Berg

Gentry Real Estate License #01266114

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1978

Lot Details

  • 0.65 Acre Lot
  • Lot Sloped Up
  • Zoning described as R1

Parking

  • 2 Car Detached Garage

Property Views

  • Panoramic
  • Downtown
  • Mountain
  • Hills
  • Valley

Home Design

  • Mediterranean Architecture
  • Slab Foundation
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,910 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Gas Fireplace
  • Double Pane Windows
  • Separate Family Room
  • Formal Dining Room
  • Storage Room
  • Washer and Dryer
  • Security Gate

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Granite Countertops
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • In-Law or Guest Suite
  • 3 Full Bathrooms
  • Granite Bathroom Countertops
  • Bidet
  • Dual Sinks
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan

Listing and Financial Details

  • Assessor Parcel Number 764-32-027

Home Details

Home Type

Single Family

Year Built

Built in 1978

Lot Details

0.65 Acres

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Mediterranean
  • Listing Class: Residential
  • Structure Sq Ft: 2910
  • Year Built: 1978
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Burning
  • Dining Room: Formal Dining Room
  • Kitchen: Cooktop - Electric, Cooktop - Gas, Countertop - Granite, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Hookups - Ice Maker, Ice Maker, Microwave, Oven Range - Gas, Refrigerator, Trash Compactor
  • Living Sq Ft: 2910
  • Stories: 2
  • Laundry: Washer / Dryer
  • Flooring: Hardwood, Tile
  • Additional Rooms: In-Law Unit, Storage
  • Fireplaces Min: 1
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Bathroom: Bidet, Double Sinks, Granite, Shower and Tub, Stall Shower, Tile, Tub with Jets, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Block, Concrete Perimeter
  • Roof: Composition
  • View: City, City Lights, Downtown, Hills, Mountains, Panoramic, Valley

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Detached Garage

Utilities

  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Security Gate, Vaulted Ceiling, Walk-in Closet, Wet Bar

Lot Info

  • Lot Description: Grade - Sloped Up, Views
  • Parcel Number: 764-32-027
  • Lot Acres: 0.6530
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 28440.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 28440.00

Green Features

  • Energy Features: Double Pane Windows

Multi Family

  • Utilities: Natural Gas, Public Utilities

MLS Schools

  • High School District Text: Morgan Hill Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2020
Sold by
Tangney Tanya M and Tangney Michael E
Bought by
Tangney Tanya M and Tangney Michael E
Current Estimated Value
$1,758,515

Purchase Details

Listed on
Mar 2, 2017
Closed on
Apr 25, 2017
Sold by
Mitromaras Alexandre S and Mitromaras Olessia
Bought by
Tangney Tanya M and Tangney Michael E
Seller's Agent
David Frazer
Coldwell Banker Realty
Buyer's Agent
Louise Berg
Gentry Real Estate
List Price
$1,289,000
Sold Price
$1,212,500
Premium/Discount to List
-$76,500
-5.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.33%
Original Mortgage
$480,000
Outstanding Balance
$396,635
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,361,880

Purchase Details

Closed on
Nov 16, 2009
Sold by
Hsbc Bank Usa Na
Bought by
Mitromaras Alexandre S and Mitromaras Olessia

Purchase Details

Closed on
Aug 21, 2008
Sold by
Knox William S
Bought by
Hsbc Bank Usa Na

Purchase Details

Closed on
Oct 10, 2005
Sold by
Knox Fran A
Bought by
Knox William S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$749,000
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Nov 10, 1993
Sold by
Sutter Joseph A and Sutter Valinda K
Bought by
Knox William S and Knox Fran A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
6.88%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Tangney Tanya M -- None Available
Tangney Tanya M $1,212,500 Chicago Title Company
Mitromaras Alexandre S $407,000 First American Title Company
Hsbc Bank Usa Na $700,000 Chicago Title Insurance Co
Knox William S -- United Capital Title Ins Co
Knox William S $335,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tangney Tanya M $480,000
Previous Owner Knox William S $749,000
Previous Owner Knox William S $268,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/12/2017 05/12/17 Sold $1,212,500 -5.9% $417 / Sq Ft
03/27/2017 03/27/17 Pending -- -- --
03/02/2017 03/02/17 For Sale $1,289,000 -- $443 / 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 $15,698 $1,407,202 $1,055,317 $351,885
2024 $15,698 $1,379,611 $1,034,625 $344,986
2023 $15,495 $1,352,561 $1,014,339 $338,222
2022 $15,235 $1,326,041 $994,450 $331,591
2021 $14,852 $1,300,041 $974,951 $325,090
2020 $14,569 $1,286,712 $964,955 $321,757
2019 $14,985 $1,261,484 $946,035 $315,449
2018 $15,034 $1,236,750 $927,486 $309,264
2017 $5,575 $452,665 $278,050 $174,615
2016 $5,219 $443,791 $272,599 $171,192
2015 $5,162 $437,126 $268,505 $168,621
2014 $5,225 $428,564 $263,246 $165,318
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81640776

MLSListings

APN: 764-32-027

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