Seller's Agent in 2017
Roger Malech
Intero Real Estate Services
(408) 201-0132
84 Total Sales
50 E 5th St Morgan Hill, CA 95037
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
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
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 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
-
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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