NOT LISTED FOR SALE

511 Rio Grand Ct Morgan Hill, CA 95037

Estimated Value: $1,185,294 - $1,332,000

4 Beds
2.5 Baths
1,936 Sq Ft
$644/Sq Ft Est. Value

Sale Details

Date Sold: August 21, 2018

Last sale price $900,000 $465 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $7,593 / mo

5 Days on Market

Highlights

  • In Ground Spa
  • Park or Greenbelt View
  • Tennis Courts
  • Ann Sobrato High School Rated A
  • Sauna
  • Formal Dining Room

About This Home

As of August 2018

Open House Sa 7/14 & Sun 7/15 1-4pm! Great duet that lives like a detached home at the end of a cul-de-sac overlooking the park w/ no side neighbor! Open kitchen w/ breakfast bar, stainless steel appliances & gas cooking! Immediately adjacent and accessible to all amenities- gated community park, playground, tennis court, basketball court, pool, spa & bbq area. Large master bedroom w/ walk in closet. Master bath w/ double vanity and a separate tub & stall shower. Vaulted ceilings & lots of windows. Plantation window blinds throughout. 10 foot ceilings & 8 foot doors! Dual pane windows throughout. Lot of storage throughout. All appliances stay (only a few years old)! Inside laundry room. Finished garage w/ insulated roll up garage door and access to backyard. Short walk to downtown Morgan Hill. Water heater & water softener replaced earlier this year. HOA dues cover roof, exterior paint, front yard landscaping & common area maintenance.

Last Agent to Sell the Property

Anthony Marinelli

Compass License #01026943 Listed on: 07/12/2018

Compass

Last Buyer's Agent

Kevin Thomlinson

Rabbit Realty & Equity Investments Inc License #01209422

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1999

Lot Details

  • 3,868 Sq Ft Lot
  • Zoning described as RPD

Parking

  • 2 Car Attached Garage
  • On-Street Parking

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,936 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Park or Greenbelt Views

Kitchen

  • Open to Family Room
  • Built-In Oven
  • Gas Oven
  • Gas Cooktop
  • Microwave

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry in Utility Room
  • Washer and Dryer

Pool

  • In Ground Spa
  • Gunite Pool

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Assessor Parcel Number 726-27-018

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area electricity, common area gas, exterior painting, insurance - common area, landscaping / gardening, maintenance - common area, management fee, pool spa or tennis, recreation facility, reserves
  • Central Park Association

Amenities

  • Community Barbecue Grill
  • Sauna

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 1999

Lot Details

3,868 Sq Ft Lot

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 1936
  • Complex Name: Call Listing Agent
  • Year Built: 1999
  • Zoning Description: RPD
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Gas Burning, Living Room
  • Dining Room: Formal Dining Room
  • Kitchen: Cooktop - Gas, Microwave, Oven - Built-In, Oven - Gas, Refrigerator
  • Living Sq Ft: 1936
  • Stories: 2
  • Laundry: In Utility Room, Washer / Dryer
  • Flooring: Laminate, Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Community Facility, Pool - Gunite, Spa - In Ground
  • Roof: Composition
  • View: Park
  • Pool: Yes

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage, On Street

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 266
  • HOA Amenities: Basketball Court - Indoor Half, BBQ Area, Community Pool, Playground, Sauna / Spa / Hot Tub, Tennis Court / Facility
  • Association Fees Include: Common Area Electricity, Common Area Gas, Exterior Painting, Insurance - Common Area, Landscaping / Gardening, Maintenance - Common Area, Management Fee, Pool, Spa, or Tennis, Recreation Facility, Reserves
  • H O A Name Text: Central Park
  • H O A Exist: Yes

Lot Info

  • Parcel Number: 726-27-018
  • Lot Acres: 0.0888
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3870.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 3870.00

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters

MLS Schools

  • High School District Text: Morgan Hill Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2018
Closed on
Aug 7, 2018
Sold by
Rollins Jasmin J and Rollins Kyle D
Bought by
Chan Timothy P and Wong Lai Ming
Seller's Agent
Anthony Marinelli
Compass
Buyer's Agent
Kevin Thomlinson
Rabbit Realty & Equity Investments Inc
List Price
$850,000
Sold Price
$900,000
Premium/Discount to List
$50,000
5.88%
Current Estimated Value
$1,246,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$346,074
Avg. Annual Appreciation
4.30%
Original Mortgage
$679,650
Outstanding Balance
$590,248
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$655,826

Purchase Details

Closed on
Mar 24, 2016
Sold by
Lang Jasmin
Bought by
Lang Jasmin J and Rollins Kyle D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,000
Interest Rate
3.71%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Feb 27, 2015
Closed on
Mar 31, 2015
Sold by
Inouye Mark and Inouye Elizabeth
Bought by
Lang Jasmin
Seller's Agent
Van Dahlen-Dunne Grp
Coldwell Banker Realty
Buyer's Agent
Kimberly Jennings
Intero Real Estate Services
List Price
$650,000
Sold Price
$645,000
Premium/Discount to List
-$5,000
-0.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.11%
Original Mortgage
$580,500
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 10, 2001
Sold by
Maxfield Michael A and Maxfield Kelly N
Bought by
Inouye Mark and Inouye Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
7.19%

Purchase Details

Closed on
Feb 23, 1999
Sold by
Central Park Development Llc
Bought by
Maxfield Michael A and Maxfield Kelly N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,500
Interest Rate
6.78%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chan Timothy P $900,000 Old Republic Title Co
Lang Jasmin J $292,000 Chicago Title Company
Lang Jasmin $645,000 Chicago Title Company
Inouye Mark $490,000 Old Republic Title Company
Maxfield Michael A $323,500 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chan Timothy P $679,650
Previous Owner Lang Jasmin J $24,000
Previous Owner Lang Jasmin J $560,000
Previous Owner Lang Jasmin $580,500
Previous Owner Inouye Mark $325,000
Previous Owner Maxfield Michael A $218,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/21/2018 08/21/18 Sold $900,000 +5.9% $465 / Sq Ft
07/18/2018 07/18/18 Pending -- -- --
07/12/2018 07/12/18 For Sale $850,000 +31.8% $439 / Sq Ft
04/03/2015 04/03/15 Sold $645,000 -0.8% $333 / Sq Ft View Prior Sale
03/06/2015 03/06/15 Pending -- -- --
02/27/2015 02/27/15 For Sale $650,000 -- $336 / 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 $11,293 $1,003,963 $736,241 $267,722
2024 $11,293 $984,278 $721,805 $262,473
2023 $11,148 $964,979 $707,652 $257,327
2022 $10,961 $946,059 $693,777 $252,282
2021 $10,687 $927,510 $680,174 $247,336
2020 $9,443 $830,000 $608,600 $221,400
2019 $10,725 $900,000 $660,000 $240,000
2018 $8,341 $681,289 $306,527 $374,762
2017 $8,263 $667,931 $300,517 $367,414
2016 $7,738 $654,835 $294,625 $360,210
2015 $7,076 $602,293 $228,869 $373,424
2014 $7,173 $590,496 $224,386 $366,110
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2018

    Anthony Marinelli

    Compass

    Section Image

  • K

    Buyer's Agent in 2018

    Kevin Thomlinson

    Rabbit Realty & Equity Investments Inc

    (408) 210-1162

    1 in this area

    12 Total Sales

    Kevin Thomlinson
    Section Image

  • V

    Seller's Agent in 2015

    Van Dahlen-Dunne Grp

    Coldwell Banker Realty

    Section Image

  • K

    Buyer's Agent in 2015

    Kimberly Jennings

    Intero Real Estate Services

    Section Image
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Map

Source: MLSListings

MLS Number: ML81714220

MLSListings

APN: 726-27-018

California Santa Clara County Morgan Hill 95037

511 Rio Grand Ct, Morgan Hill, CA

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