NOT LISTED FOR SALE

545 Cipres Ln Morgan Hill, CA 95037

Estimated Value: $1,701,000 - $1,833,083

5 Beds
4 Baths
2,753 Sq Ft
$643/Sq Ft Est. Value

Sale Details

Date Sold: October 19, 2023

Last sale price $1,640,000 $596 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $11,065 / mo

19 Days on Market

Highlights

  • Solar Power System
  • Soaking Tub in Primary Bathroom
  • Marble Bathroom Countertops
  • Ann Sobrato High School Rated A
  • Main Floor Bedroom
  • 4-minute walk to Diana Park

About This Home

As of October 2023

Nestled in the desirable Las Colinas neighborhood of Morgan Hill, this stunning 3 year new build by "Dividend Homes" boasts a prime corner location adjacent to 3 charming neighborhood parks. Its proximity to downtown Morgan Hill makes it a true gem, with Trader Joe's, the Farmers Market, restaurants, shops, and more just a leisurely stroll away. Designed for modern living and entertaining, this home features an open floorplan with a main floor bedroom and full bath. Energy efficiency upgrades including solar panels. Upstairs, a generous loft space provides flexibility for a home office or additional entertainment area. Two more well-appointed bedrooms and a lavish master en-suite with a walk-in shower and designer finishes. Step outside to the large patio and backyard entertaining in style. This meticulously maintained home combines modern luxury with the convenience of city living in a picturesque neighborhood. It's a true masterpiece that defines the best of Morgan Hill living.

Last Agent to Sell the Property

Joel Stieber

KW Bay Area Estates License #02002877 Listed on: 09/01/2023

KW Bay Area Estates

Last Buyer's Agent

Khang Nguyen

Realty ONE Group Future License #01326701

Realty ONE Group Future

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2020

Lot Details

  • 6,530 Sq Ft Lot
  • Back Yard Fenced
  • Zoning described as R1

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Ceiling Insulation
  • Tile Roof

Interior Spaces

  • 2,753 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Double Pane Windows
  • Dining Area

Kitchen

  • Open to Family Room
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Remodeled Bathroom
  • Bathroom on Main Level
  • 4 Full Bathrooms
  • Marble Bathroom Countertops
  • Dual Sinks
  • Soaking Tub in Primary Bathroom
  • Bathtub with Shower
  • Oversized Bathtub in Primary Bathroom

Eco-Friendly Details

  • Green Features
  • Energy-Efficient Insulation
  • Solar Power System

Utilities

  • Forced Air Zoned Heating and Cooling System

Community Details

  • Property has a Home Owners Association
  • Association fees include insurance - common area, maintenance - road, reserves
  • Las Colinas Of Morgan Hill Association
  • Built by Las Colinas
  • The community has rules related to credit or board approval

Listing and Financial Details

  • Assessor Parcel Number 726-02-037

Home Details

Home Type

Single Family

Year Built

Built in 2020

Lot Details

6,530 Sq Ft Lot

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Restrictions: Board / Park Approval
  • Listing Class: Residential
  • Structure Sq Ft: 2753
  • Complex Name: Las Colinas
  • Year Built: 2020
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Gas Burning
  • Dining Room: Dining Area
  • Kitchen: Dishwasher, Garbage Disposal, Pantry
  • Living Sq Ft: 2753
  • Stories: 2
  • Bedrooms: Ground Floor Bedroom, Walk-in Closet
  • Flooring: Carpet, Vinyl / Linoleum
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Bathroom: Double Sinks, Full on Ground Floor, Marble, Primary - Oversized Tub, Shower and Tub, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Tile
  • Yard/Grounds: Back Yard
  • Fencing: Fenced Back

Garage/Parking

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

Utilities

  • Cooling System: Central AC, Multi-Zone
  • Heating System: Central Forced Air, Heating - 2+ Zones
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 146
  • HOA Documents: Budget, Rules & Regulations
  • Association Fees Include: Insurance - Common Area, Maintenance - Road, Reserves
  • H O A Name Text: Las Colinas of Morgan Hill
  • H O A Exist: Yes

Lot Info

  • Parcel Number: 726-02-037
  • Lot Acres: 0.1499
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6531.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6531.00

Green Features

  • Energy Features: Ceiling Insulation, Double Pane Windows, Green Features, Solar Power, Walls Insulated

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Morgan Hill Unified

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
Sep 1, 2023
Closed on
Oct 6, 2023
Sold by
Bought by
Seller's Agent
Joel Stieber
KW Bay Area Estates
Buyer's Agent
Khang Nguyen
Realty ONE Group Future
List Price
$1,689,000
Sold Price
$1,640,000
Premium/Discount to List
-$49,000
-2.9%
Views
48
Current Estimated Value
$1,770,271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,271
Avg. Annual Appreciation
2.87%
Original Mortgage
$1,000,000
Outstanding Balance
$973,211
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$797,060

Purchase Details

Closed on
Jun 26, 2020
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
$765,600
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2020
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
$765,600
Interest Rate
3.1%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

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
$1,640,000 Chicago Title
-- Chicago Title Co
$1,285,000 Chicago 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
Open $1,000,000
Previous Owner $765,600
Previous Owner $765,600
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
10/19/2023 10/19/23 Sold $1,640,000 -2.9% $596 / Sq Ft
09/20/2023 09/20/23 Pending -- -- --
09/01/2023 09/01/23 For Sale $1,689,000 -- $614 / 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 $18,708 $1,672,800 $1,111,800 $561,000
2024 $18,708 $1,640,000 $1,090,000 $550,000
2023 $15,540 $1,350,762 $772,615 $578,147
2022 $15,281 $1,324,277 $757,466 $566,811
2021 $14,898 $1,298,312 $742,614 $555,698
2020 $5,519 $479,510 $273,360 $206,150
2019 $3,230 $268,000 $268,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Joel Stieber

    Seller's Agent in 2023

    Joel Stieber

    KW Bay Area Estates

    (408) 799-7029

    124 Total Sales

    Joel Stieber
    Section Image
  • Khang Nguyen

    Buyer's Agent in 2023

    Khang Nguyen

    Realty ONE Group Future

    (408) 821-3557

    22 Total Sales

    Khang Nguyen
    Section Image
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Map

Source: MLSListings

MLS Number: ML81940129

MLSListings

APN: 726-02-037

California Santa Clara County Morgan Hill 95037

545 Cipres Ln, Morgan Hill, CA

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