Alana George
Intero Real Estate Services
(650) 668-4213
45 Total Sales
1 in Morgan Hill
$2,121,000 Price
50 E 5th St Morgan Hill, CA 95037
Morgan Hill Area
8
Beds
6
Baths
4,316
Sq Ft
9,583
Sq Ft Lot
Highlights
- Traditional Architecture
- 5-minute walk to Morgan Hill
- Fireplace
- Ann Sobrato High School Rated A
- Granite Countertops
- 3-minute walk to Railroad Park
About This Home
As of August 2017Incredible investment opportunity/Well maintained 4 plex in downtown Morgan Hill/Some updating in some units (laminate flooring, granite, etc.)/Fireplaces in each unit/2 units with private yards/Each unit with single car garage/Beautiful front landscaping/Current rents are low - Market rents estimated at $2200/month = $105,600/year.
Last Agent to Sell the Property
Intero Real Estate Services License #00835463 Listed on: 05/26/2017
Last Buyer's Agent
Renee Patterson
Intero Real Estate Services License #01164236
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Property Details
Home Type
- Multi-Family
Year Built
- 1987
Lot Details
- Level Lot
- Back Yard
Parking
- 4 Car Attached Garage
- Secured Garage or Parking
Home Design
- Quadruplex
- Traditional Architecture
- Tudor Architecture
- Wood Frame Construction
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 4,316 Sq Ft Home
- 2-Story Property
- Fireplace
- Washer and Dryer Hookup
Kitchen
- Electric Cooktop
- Dishwasher
- Granite Countertops
- Tile Countertops
Flooring
- Carpet
- Stone
- Tile
- Vinyl
Utilities
- Forced Air Heating System
- Separate Meters
- 220 Volts
- Individual Gas Meter
Listing and Financial Details
- Total Actual Rent $87,600
Community Details
Overview
Building Details
- 4 Leased Units
- Insurance Expense $2,500
- Manager Expense $5,256
- Utility Expense $600
- Operating Expense $15,422
- Gross Income $87,600
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 26, 2017
Closed on
Aug 3, 2017
Sold by
Bought by
Seller's Agent
Roger Malech
Intero Real Estate Services
Buyer's Agent
Renee Patterson
Intero Real Estate Services
List Price
$1,599,000
Sold Price
$1,570,000
Premium/Discount to List
-$29,000
-1.81%
Purchase Details
Closed on
May 11, 2016
Sold by
Bought by
Purchase Details
Closed on
Jan 14, 2016
Sold by
Bought by
Purchase Details
Closed on
Feb 15, 2005
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.73%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Jan 20, 2005
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.73%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Jan 16, 2004
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.86%
Mortgage Type
Credit Line Revolving
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Morgan Hill, CA
-
Alana George
-
Michael Mendoza
Michael Mendoza
Brokers Network
(669) 231-6556
30 Total Sales
1 in Morgan Hill
$930,000 Price
-
Olympia Pistalu
Olympia Pistalu
Compass
(669) 900-5972
33 Total Sales
2 in Morgan Hill
$635K - $1.4M Price Range
-
Varsha Upadhye
Varsha Upadhye
Coldwell Banker Realty
(925) 396-5506
52 Total Sales
1 in Morgan Hill
$1,230,000 Price
-
Pete Flores
Pete Flores
Silicon Valley Residential Brokerage Inc
(669) 236-6600
40 Total Sales
1 in Morgan Hill
$1,200,000 Price
-
Michael Chae
Michael Chae
US Realty
(669) 230-0551
34 Total Sales
1 in Morgan Hill
$1,450,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,570,000 | Chicago Title Company | ||
| -- | None Available | ||
| -- | None Available | ||
| -- | Stewart Title Of California | ||
| -- | First American Title Company | ||
| -- | First American Title Company | ||
| -- | North American Title Company | ||
| -- | North American Title Company |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $200,000 | ||
| Previous Owner | $575,000 | ||
| Previous Owner | $300,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/09/2017 08/09/17 | Sold | $1,570,000 | -1.8% | $364 / Sq Ft |
| 06/30/2017 06/30/17 | Pending | -- | -- | -- |
| 05/26/2017 05/26/17 | For Sale | $1,599,000 | -- | $370 / Sq Ft |
Source: MLSListings
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $20,397 | $1,822,114 | $1,125,765 | $696,349 |
| 2025 | $20,018 | $1,786,388 | $1,103,692 | $682,696 |
| 2024 | $20,018 | $1,751,361 | $1,082,051 | $669,310 |
| 2023 | $19,761 | $1,717,022 | $1,060,835 | $656,187 |
| 2022 | $19,432 | $1,683,356 | $1,040,035 | $643,321 |
| 2021 | $18,947 | $1,650,350 | $1,019,643 | $630,707 |
| 2020 | $18,487 | $1,633,428 | $1,009,188 | $624,240 |
| 2019 | $19,015 | $1,601,400 | $989,400 | $612,000 |
| 2018 | $19,078 | $1,570,000 | $970,000 | $600,000 |
| 2017 | $7,711 | $618,456 | $197,898 | $420,558 |
| 2016 | $7,144 | $606,330 | $194,018 | $412,312 |
| 2015 | $7,067 | $597,223 | $191,104 | $406,119 |
| 2014 | $7,163 | $585,525 | $187,361 | $398,164 |
Source: Public Records
Agents Affiliated with this Home
-
Roger Malech
Seller's Agent in 2017
Roger Malech
Intero Real Estate Services
(408) 201-0132
81 Total Sales
-
R
Buyer's Agent in 2017
Renee Patterson
Intero Real Estate Services
Map
Source: MLSListings
MLS Number: ML81653366
APN: 726-13-006
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