NOT LISTED FOR SALE

540 E Central Ave Morgan Hill, CA 95037

Estimated Value: $1,561,000 - $1,626,000

5 Beds
3 Baths
2,787 Sq Ft
$569/Sq Ft Est. Value

Last Sold March 14, 2014

Last sale price $725,000 $260 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $9,133/month

5 Days on Market

Highlights

  • Primary Bedroom Suite
  • Wood Flooring
  • Breakfast Room
  • Ann Sobrato High School Rated A
  • Mediterranean Architecture
  • Bathtub with Shower

About This Home

As of March 2014

This home is located at 540 E Central Ave, Morgan Hill, CA 95037 since 31 January 2012 and is currently estimated at $1,586,925, approximately $569 per square foot. This property was built in 1999. 540 E Central Ave is a home located in Santa Clara County with nearby schools including El Toro Health Science Academy, Martin Murphy Middle School, and Ann Sobrato High School.

Last Agent to Sell the Property

Terri Le

Valley Real Estate Services License #01470512 Listed on: 01/31/2012

Valley Real Estate Services

Last Buyer's Agent

Raquel Nikravesh

Bay Real Estate and Mortgages License #01258377

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1999

Lot Details

  • Zoning described as R1

Parking

  • 2 Carport Spaces

Home Design

  • Mediterranean Architecture
  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,787 Sq Ft Home
  • 2-Story Property
  • Fireplace With Gas Starter
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Breakfast Room

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite
  • 3 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 726-21-010

Home Details

Home Type

Single Family

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Style: Mediterranean
  • Sale Price Per Sq Ft: 260.14
  • Listing Class: Residential
  • Structure Sq Ft: 2787
  • Incorporated: Yes
  • Map Book Page: 917
  • Map Side Coordinate: 6
  • Map Top Coordinate: A
  • Thomas Bros Page: 917
  • Thomas Brothers: A6
  • Year Built: 1999
  • Zoning Description: R1
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Living Room, Gas Starter, Yes
  • Dining Room: Dining Area in Living Room, Breakfast Room
  • Living Sq Ft: 2787
  • Stories: 2
  • Bedrooms: Primary Suite / Retreat
  • Flooring: Tile, Hardwood
  • Maximum Bathrooms: 3
  • Minimum Bathrooms: 3
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Bathroom: Showers over Tubs - 2+, Tubs - 2+, Stall Shower - 2+, Tub in Primary Bedroom

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Pool - No
  • Roof: Tile

Garage/Parking

  • Carport Min: 2

Utilities

  • Cooling System: Central AC
  • Heating System: Forced Air
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Lot Info

  • Parcel Number: 726-21-010
  • List Price per Sq Ft: 267.31
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8400.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 8400.00
  • Lot Size Area Min Search: 8400.00
  • Maximum Lot Size: 8400.00
  • Map Book: Thomas Bros

Multi Family

  • Maximum Building Height: 2
  • Minimum Building Height: 2

MLS Schools

  • High School District Text: Morgan Hill Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 17, 2022
Sold by
Ramin Shirani
Bought by
Ramin Shirani Revocable Trust
Current Estimated Value
$1,586,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$712,500
Outstanding Balance
$662,722
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$924,203

Purchase Details

Listed on
Jan 31, 2012
Closed on
Feb 19, 2014
Sold by
Nguyen Tina
Bought by
Shirani Ramin
Seller's Agent
Terri Le
Valley Real Estate Services
Buyer's Agent
Raquel Nikravesh
Bay Real Estate and Mortgages
List Price
$745,000
Sold Price
$725,000
Premium/Discount to List
-$20,000
-2.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.83%
Original Mortgage
$543,750
Interest Rate
4.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 2003
Sold by
Nguyen John Duy
Bought by
Nguyen Tina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$552,000
Interest Rate
5.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 17, 2003
Sold by
Sachs Stephen O and Sachs Leslie A
Bought by
Nguyen Tina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$552,000
Interest Rate
5.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 4, 2002
Sold by
Litle Gene
Bought by
Litle Gene and Gene Litle Trust

Purchase Details

Closed on
Sep 7, 2000
Sold by
Sachs Stephen O and Sachs Leslie A
Bought by
Sachs Stephen O and Sachs Leslie A

Purchase Details

Closed on
Sep 24, 1999
Sold by
El Torro Gardens Venture Llc
Bought by
Sachs Stephen O and Sachs Leslie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
3.9%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ramin Shirani Revocable Trust -- Chicago Title
Shirani Ramin $725,000 Fidelity National Title Co
Shirani Ramin -- Fidelity National Title Co
Nguyen Tina -- Alliance Title Company
Nguyen Tina $690,000 Alliance Title Company
Litle Gene -- --
Sachs Stephen O -- --
Sachs Stephen O $580,000 Alliance Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramin Shirani Revocable Trust $712,500
Previous Owner Shirani Ramin $543,750
Previous Owner Nguyen Tina $552,000
Previous Owner Sachs Stephen O $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/14/2014 03/14/14 Sold $725,000 -2.7% $260 / Sq Ft
11/12/2013 11/12/13 Pending -- -- --
11/07/2013 11/07/13 For Sale $745,000 -- $267 / 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 $10,015 $888,741 $520,987 $367,754
2024 $10,015 $871,316 $510,772 $360,544
2023 $9,887 $854,232 $500,757 $353,475
2022 $9,721 $837,484 $490,939 $346,545
2021 $9,478 $821,063 $481,313 $339,750
2020 $9,249 $812,645 $476,378 $336,267
2019 $9,511 $796,712 $467,038 $329,674
2018 $9,541 $867,280 $538,684 $328,596
2017 $10,478 $850,275 $528,122 $322,153
2016 $9,814 $833,604 $517,767 $315,837
2015 $9,710 $821,083 $509,990 $311,093
2014 $9,711 $799,985 $343,885 $456,100
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2014

    Terri Le

    Valley Real Estate Services

    Section Image
  • Raquel Nikravesh

    Buyer's Agent in 2014

    Raquel Nikravesh

    Bay Real Estate and Mortgages

    (650) 462-4663

    3 in this area

    31 Total Sales

    Raquel Nikravesh
    Section Image
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Map

Source: MLSListings

MLS Number: ML81340247

MLSListings

APN: 726-21-010

California Santa Clara County Morgan Hill 95037

540 E Central Ave, Morgan Hill, CA

Not Listed for Sale

Detached

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