NOT LISTED FOR SALE

400 Whitney Way Morgan Hill, CA 95037

Estimated Value: $1,231,000 - $1,562,000

5 Beds
4 Baths
2,410 Sq Ft
$584/Sq Ft Est. Value

Last Sold October 30, 2015

Last sale price $890,000 $369 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $9,136/month

39 Days on Market

Highlights

  • 2 Car Attached Garage
  • Ann Sobrato High School Rated A
  • Forced Air Heating and Cooling System

About This Home

As of October 2015

Gorgeous 4 bedroom home that also has attached studio apartment with full bath, kitchenette, separate entrance. Updated kitchen, granite, new stainless appliances, updated bath with granite, new fixtures. Freshly painted throughout. Master with walk in closet. High ceilings and great light exposure give this beautifully maintained home a light and bright feeling. Walk to Starbucks, dog park, and Community Rec Center. Close to hiking paths, downtown, easy freeway access and much more!

Last Agent to Sell the Property

Robin Realini

Coldwell Banker Realty License #01878965 Listed on: 08/19/2015

Coldwell Banker Realty

Last Buyer's Agent

Jack Markle

Coldwell Banker Realty License #00701822

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,855

Year Built

  • 1997

Lot Details

  • 6,273

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 2,410 Sq Ft Home
  • 2-Story Property
  • Alarm System

Additional Features

  • 6,273 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $57,600

Community Details

Overview

  • Property has a Home Owners Association

Building Details

  • Gardener Expense $1,380
  • Insurance Expense $100
  • Maintenance Expense $1,000
  • Trash Expense $350
  • Operating Expense $14,080
  • Gross Income $57,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,855

Year Built

1997

Lot Details

0

Parking

2

Listing Details

  • Zoning: R1
  • Subclass: Multiple Dwellings / Structures
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2410
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1997

Interior Features

  • Living Sq Ft: 2410
  • Stories: 2
  • Security: Security Alarm

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 80
  • HOA Exist: Yes

Lot Info

  • Lot Acres: 0.1440
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6274.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6274.00

Rental Info

  • Gross Rent Multiplier: 15.63

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 100
  • Expense Landscape: 1380
  • Expense Maintenance: 1000
  • Expenses Total: 14080
  • Expense Trash: 350
  • Income Annual Gross: 57600.00
  • Income Annual Rental: 57600
  • Income Gross Scheduled: 57600
  • Income Includes: Rents
  • Meters: Master Electric, Master Gas, Master Water
  • Number Of Buildings: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2015
Closed on
Oct 19, 2015
Sold by
Lamarche Paul F and Lamarche Annette
Bought by
Mixco Victor N and Mixco Jamie Leigh
Seller's Agent
Robin Realini
Coldwell Banker Realty
Buyer's Agent
Jack Markle
Coldwell Banker Realty
List Price
$900,000
Sold Price
$890,000
Premium/Discount to List
-$10,000
-1.11%
Current Estimated Value
$1,549,045

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$659,045
Avg. Annual Appreciation
4.69%
Original Mortgage
$636,446
Outstanding Balance
$504,791
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$902,070

Purchase Details

Closed on
Mar 3, 2010
Sold by
Christopher Palms Llc
Bought by
Lamarche Paul F and Lamarche Annette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$470,000
Interest Rate
4.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 12, 2009
Sold by
Flores Rudy and Flores Elaine
Bought by
Christopher Palms Llc

Purchase Details

Closed on
Mar 15, 2004
Sold by
Shirley Lorraine C and Lorraine C Shirley Family Trus
Bought by
Flores Rudy and Flores Elaine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$595,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 11, 2002
Sold by
Shirley Lorraine C
Bought by
Shirley Lorraine C and The Lorraine C Shirley Family

Purchase Details

Closed on
Jun 14, 2002
Sold by
Shirley Lorraine C and Lorraine C Shirley Family Trus
Bought by
Shirley Lorraine C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,000
Interest Rate
6.86%

Purchase Details

Closed on
Jul 9, 2001
Sold by
Shirley Lorraine C
Bought by
Shirley Lorraine C and The Lorraine C Shirley Family

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,000
Interest Rate
7.15%

Purchase Details

Closed on
Jun 19, 2001
Sold by
Shirley Lorraine C and Lorraine C Shirley Family Rivt
Bought by
Shirley Lorraine C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,000
Interest Rate
7.15%

Purchase Details

Closed on
Apr 13, 2001
Sold by
Shirley Lorraine C
Bought by
Shirley Lorraine C and The Lorraine C Shirley Family

Purchase Details

Closed on
Jun 18, 1999
Sold by
Lofano Jeffrey R and Lofano Annette C
Bought by
Shirley Orraine C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
7.05%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Feb 4, 1997
Sold by
Parkside Development Corp
Bought by
Lofano Jeffrey R and Lofano Annette C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,250
Interest Rate
7.58%
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
Mixco Victor N $890,000 Old Republic Title Company
Lamarche Paul F $660,000 Old Republic Title Company
Christopher Palms Llc $465,500 None Available
Flores Rudy $700,000 Fidelity National Title Ins
Shirley Lorraine C -- Fidelity National Title Ins
Shirley Lorraine C -- First American Title Co
Shirley Lorraine C -- Commonwealth Land Title Co
Shirley Lorraine C -- Commonwealth Land Title Co
Shirley Lorraine C -- --
Shirley Lorraine C -- --
Shirley Orraine C -- Commonwealth Land Title Co
Lofano Jeffrey R $367,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mixco Victor N $636,446
Previous Owner Lamarche Paul F $470,000
Previous Owner Flores Rudy $595,000
Previous Owner Shirley Lorraine C $376,000
Previous Owner Shirley Lorraine C $376,000
Previous Owner Shirley Orraine C $375,000
Previous Owner Lofano Jeffrey R $330,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/30/2015 10/30/15 Sold $890,000 0.0% $369 / Sq Ft
10/30/2015 10/30/15 Sold $890,000 -1.1% $351 / Sq Ft View Prior Sale
09/28/2015 09/28/15 Pending -- -- --
09/28/2015 09/28/15 Pending -- -- --
09/11/2015 09/11/15 For Sale $900,000 0.0% $355 / Sq Ft
09/01/2015 09/01/15 Pending -- -- --
08/19/2015 08/19/15 For Sale $900,000 0.0% $373 / Sq Ft
08/06/2015 08/06/15 Price Changed $900,000 -2.7% $355 / Sq Ft
07/06/2015 07/06/15 For Sale $925,000 -- $365 / 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 $11,855 $1,053,571 $421,428 $632,143
2024 $11,855 $1,032,914 $413,165 $619,749
2023 $11,703 $1,012,662 $405,064 $607,598
2022 $11,507 $992,807 $397,122 $595,685
2021 $11,219 $973,341 $389,336 $584,005
2020 $10,948 $963,361 $385,344 $578,017
2019 $11,259 $944,473 $377,789 $566,684
2018 $11,295 $925,955 $370,382 $555,573
2017 $11,189 $907,800 $363,120 $544,680
2016 $10,481 $890,000 $356,000 $534,000
2015 $8,413 $708,856 $283,542 $425,314
2014 $8,535 $694,971 $277,988 $416,983
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2015

    Robin Realini

    Coldwell Banker Realty

    Section Image

  • J

    Buyer's Agent in 2015

    Jack Markle

    Coldwell Banker Realty

    Section Image
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Map

Source: MLSListings

MLS Number: ML81500741

MLSListings

APN: 767-49-023

California Santa Clara County Morgan Hill 95037

400 Whitney Way, Morgan Hill, CA

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