NOT LISTED FOR SALE

398 Cascades Ct Morgan Hill, CA 95037

Estimated Value: $1,596,000 - $1,733,000

5 Beds
4 Baths
2,922 Sq Ft
$575/Sq Ft Est. Value

Last Sold April 12, 2018

Last sale price $1,130,000 $387 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $10,124/month

55 Days on Market

Highlights

  • Home Theater
  • Heated Pool and Spa
  • View of Hills
  • Ann Sobrato High School Rated A
  • Primary Bedroom Suite
  • Fireplace in Primary Bedroom

About This Home

As of April 2018

OMG...appraised @ $1.175M...and now a price reduction???...motivated Sellers. Bring all offers. Nestled against western foothills this lovely 2900+sf, 5 bdrm/4 full ba home set in a small tranquil neighborhood just short walk to MH's Centennial Rec.Center & MH Community Park-bit further down the road is Starbucks, numerous restaurants, & lots of shopping. 2-story open concept floorplan provides easy flow between all living areas on main level making it perfect for celebrations & entertaining. Cook to your heart's delight in island kitchen accented by granite countertops and high ceilings. Main level is completed w/large private study & full bath. 2nd level provides quiet privacy for 5 bdrms & 3 baths (one is a Jack-n-Jill). Retreat to your romantic Master Suite w/sitting room & gas fireplace, en-suite bath w/oversized jetted tub, & walk-in closet. Sparkling pool w/waterfall & spa highlights patio backyard. Come home & escape Silicon Valley bustle yet be so close to all that MH offers!

Last Agent to Sell the Property

Ralph Chellino

Intero Real Estate Services License #00789856 Listed on: 01/26/2018

Intero Real Estate Services

Last Buyer's Agent

Mita Sunanda

Icon Real Estate and Loans License #01235570

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,429

Year Built

  • Built in 1997

Lot Details

  • 8,037 Sq Ft Lot
  • Level Lot
  • Sprinklers on Timer
  • Back Yard Fenced
  • Zoning described as R1

HOA Fees

  • $85 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • On-Street Parking

Property Views

  • Hills
  • Park or Greenbelt

Home Design

  • Mediterranean Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,922 Sq Ft Home
  • 2-Story Property
  • Wired For Sound
  • High Ceiling
  • Whole House Fan
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Formal Entry
  • Family Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Home Theater
  • Den
  • Library
  • Utility Room
  • Alarm System

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Built-In Self-Cleaning Oven
  • Electric Oven
  • Gas Cooktop
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • 4 Full Bathrooms
  • Dual Sinks
  • Jetted Soaking Tub in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Oversized Bathtub in Primary Bathroom
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer

Pool

  • Heated Pool and Spa
  • Heated In Ground Pool
  • In Ground Spa
  • Fence Around Pool
  • Pool Sweep

Outdoor Features

  • Balcony
  • Shed
  • Barbecue Area

Farming

  • Pasture

Utilities

  • Zoned Heating and Cooling System
  • Vented Exhaust Fan
  • Thermostat
  • Water Filtration System
  • Tankless Water Heater
  • Water Softener is Owned
  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number 767-49-005

Community Details

Overview

  • Association fees include maintenance - common area, pool spa or tennis
  • Parkside At Morgan Hill Association
  • Built by Parkside at Morgan Hill
  • The community has rules related to credit or board approval

Amenities

  • Community Barbecue Grill

Recreation

  • Tennis Courts
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,429

Year Built

Built in 1997

Lot Details

0

HOA Fees

$85 per month

Parking

3

Listing Details

  • Subclass: Single Family Home
  • Style: Mediterranean
  • Restrictions: Board / Park Approval
  • Listing Class: Residential
  • Structure Sq Ft: 2922
  • Complex Name: Parkside at Morgan Hill
  • Incorporated: Yes
  • Year Built: 1997
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Family Room, Gas Log, Gas Starter, Primary Bedroom
  • Dining Room: Dining Area in Living Room, Dining Bar, Formal Dining Room
  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Exhaust Fan, Garbage Disposal, Hookups - Ice Maker, Island, Microwave, Oven - Built-In, Oven - Electric, Oven - Self Cleaning, Pantry, Refrigerator
  • Living Sq Ft: 2922
  • Stories: 2
  • Security: Security Alarm
  • Bedrooms: Primary Suite / Retreat, Walk-in Closet
  • Laundry: Dryer, Electricity Hookup (110V), Electricity Hookup (220V), In Utility Room, Inside, Washer / Dryer
  • Flooring: Carpet, Laminate, Tile
  • Additional Rooms: Den / Study / Office, Formal Entry, Laundry Room, Library, Media / Home Theater, Office Area, Utility Room
  • Fireplaces Min: 2
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Bathroom: Double Sinks, Primary - Oversized Tub, Primary - Stall Shower(s), Primary - Tub with Jets, Showers over Tubs - 2+, Stall Shower, Tile, Tub in Primary Bedroom, Tub with Jets
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Pool - Fenced, Pool - Heated, Pool - In Ground, Pool - Sweep, Pool / Spa Combo, Spa - Electric, Spa - In Ground, Spa - Jetted, Spa / Hot Tub
  • Roof: Tile
  • View: Hills, Park, Pasture
  • Yard/Grounds: Back Yard, Balcony / Patio, BBQ Area, Fenced, Sprinklers - Auto, Sprinklers - Lawn, Storage Shed / Structure
  • Pool: Yes
  • Fencing: Fenced Back, Gate, Wood
  • Construction Type: Stucco, Wood Frame

Garage/Parking

  • Garage Spaces: 3
  • Garage Parking Features: Attached Garage, On Street

Utilities

  • Cooling System: Ceiling Fan, Central AC, Whole House / Attic Fan
  • Heating System: Fireplace, Heating - 2+ Zones
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Condo/Co-op/Association

  • HOA Fees: 85
  • HOA Amenities: BBQ Area, Playground, Tennis Court / Facility
  • HOA Documents: CC&RS
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Maintenance - Common Area, Pool, Spa, or Tennis
  • H O A Name Text: Parkside at Morgan Hill
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Walk-in Closet

Schools

  • High School: 1080

Lot Info

  • Lot Description: Grade - Level, Views
  • Parcel Number: 767-49-005
  • Lot Acres: 0.1845
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8038.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8038.00
  • Soil: Unknown

Green Features

  • Energy Features: Double Pane Windows, Tankless Water Heater, Thermostat Controller, Whole House Fan

Multi Family

  • Utilities: Public Utilities
  • Second Unit Description: Playhouse

MLS Schools

  • High School District Text: Morgan Hill Unified
  • Elementary School Text: Barrett Elementary
  • High School Text: Ann Sobrato High
  • Middle School Text: Lewis H. Britton Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2018
Closed on
Apr 5, 2018
Sold by
Harris Lawrence B and Harris Kathernbe A
Bought by
Deshpande Abhijit and Deshpande Nirupama
Seller's Agent
Ralph Chellino
Intero Real Estate Services
Buyer's Agent
Mita Sunanda
Icon Real Estate and Loans
List Price
$1,150,000
Sold Price
$1,130,000
Premium/Discount to List
-$20,000
-1.74%
Current Estimated Value
$1,679,929

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$549,929
Avg. Annual Appreciation
5.39%
Original Mortgage
$680,000
Outstanding Balance
$576,829
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,103,100

Purchase Details

Closed on
Jul 16, 2004
Sold by
Svensson Bjorn G and Svensson Sandra Chamberlin
Bought by
Harris Lawrence B and Harris Katherine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$547,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 27, 2002
Sold by
Svensson Bjorn G
Bought by
Svensson Bjorn G and Svensson Sandra Chamberlin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
5.25%

Purchase Details

Closed on
Dec 19, 2002
Sold by
Svensson Sandra Chamberlin
Bought by
Svensson Bjorn G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
5.25%

Purchase Details

Closed on
Feb 4, 1997
Sold by
Parkside Development Corp
Bought by
Svensson Bjorn G and Svensson Sandra Chamberlin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,400
Interest Rate
6.5%
Source: Public Records

Range of Values:

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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
Deshpande Abhijit $1,130,000 Old Republic Title Co
Harris Lawrence B $845,000 First American Title Company
Svensson Bjorn G -- --
Svensson Bjorn G -- Chicago Title
Svensson Bjorn G $412,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deshpande Abhijit $680,000
Previous Owner Harris Lawrence B $547,000
Previous Owner Svensson Bjorn G $540,000
Previous Owner Svensson Bjorn G $370,400
Closed Harris Lawrence B $88,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/12/2018 04/12/18 Sold $1,130,000 +0.4% $387 / Sq Ft
03/23/2018 03/23/18 Pending -- -- --
03/13/2018 03/13/18 Price Changed $1,124,950 -2.2% $385 / Sq Ft
02/08/2018 02/08/18 For Sale $1,150,000 0.0% $394 / Sq Ft
02/06/2018 02/06/18 Pending -- -- --
01/26/2018 01/26/18 For Sale $1,150,000 -- $394 / 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 $14,429 $1,285,742 $716,829 $568,913
2024 $14,429 $1,260,532 $702,774 $557,758
2023 $14,243 $1,235,817 $688,995 $546,822
2022 $14,006 $1,211,586 $675,486 $536,100
2021 $13,655 $1,187,831 $662,242 $525,589
2020 $13,324 $1,175,652 $655,452 $520,200
2019 $13,705 $1,152,600 $642,600 $510,000
2018 $12,608 $1,035,168 $414,065 $621,103
2017 $12,491 $1,014,872 $405,947 $608,925
2016 $10,969 $932,000 $372,700 $559,300
2015 $10,619 $898,000 $359,200 $538,800
2014 $10,195 $832,000 $332,800 $499,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81690287

MLSListings

APN: 767-49-005