NOT LISTED FOR SALE

545 Farallon Dr Morgan Hill, CA 95037

Estimated Value: $964,000 - $1,195,000

3 Beds
2 Baths
1,147 Sq Ft
$938/Sq Ft Est. Value

Last Sold June 20, 2017

Last sale price $700,000 $610 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $6,424/month

7 Days on Market

Highlights

  • Wood Flooring
  • Granite Countertops
  • Skylights in Kitchen
  • Bonus Room
  • Balcony
  • 2 Car Attached Garage

About This Home

As of June 2017

Darling single story home nestled at the foot of El Toro on the west side of Morgan Hill - Very lovely and serene tropical setting... Beautifully remodeled kitchen with granite slab counters, bright white cabinets, stainless steel appliances, skylight, and large "sit at" island, provides lots of storage and a great open area for entertaining! Wide plank wood like laminate flooring in kitchen and family rooms. Recessed can lighting throughout, designer paint colors and open living room with wood burning fireplace. Hardwood floors in bedrooms. Extra (approx 200-250 sf) bonus room off the kitchen that can used as a play room, recreation (pool table?) room or home office. Secluded front and rear yards for a peaceful, private feel. This home is located within walking distance to downtown Morgan hill, Library and Park. Literally walk to St. Catherine's or Walsh schools. Hurry, you don't want to miss this one!

Last Agent to Sell the Property

Lori LoBue

Coldwell Banker Realty License #01377360 Listed on: 05/11/2017

Coldwell Banker Realty

Co-Listed By

Judy Yeager

Coldwell Banker Realty License #01235022

Last Buyer's Agent

Raylene Khan

Christie's International Real Estate Sereno License #01202160

Christie's International Real Estate Sereno

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,181

Year Built

  • Built in 1959

Lot Details

  • Back Yard Fenced
  • Sprinklers on Timer
  • Mostly Level
  • Zoning described as R1

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Secured Garage or Parking
  • On-Street Parking

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Ceiling Insulation
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,147 Sq Ft Home
  • 1-Story Property
  • Skylights in Kitchen
  • Wood Burning Fireplace
  • Double Pane Windows
  • Bonus Room
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Self-Cleaning Oven
  • Electric Oven
  • Electric Cooktop
  • Range Hood
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Granite Bathroom Countertops
  • Dual Flush Toilets
  • Bathtub with Shower
  • Walk-in Shower

Outdoor Features

  • Balcony
  • Barbecue Area

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Thermostat
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 773-03-031

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,181

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch
  • Listing Class: Residential
  • Structure Sq Ft: 1147
  • Year Built: 1959
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Breakfast Bar, Eat in Kitchen, Skylight
  • Kitchen: Cooktop - Electric, Countertop - Granite, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Hookups - Ice Maker, Island, Microwave, Oven - Built-In, Oven - Electric, Oven - Self Cleaning, Refrigerator, Skylight
  • Living Sq Ft: 1147
  • Stories: 1
  • Security: Secured Garage / Parking
  • Laundry: Gas Hookup, Hookup - Washer/Dryer
  • Flooring: Carpet, Hardwood, Laminate, Tile
  • Additional Rooms: Bonus / Hobby Room
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Dual Flush Toilet, Granite, Shower and Tub, Stall Shower, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter, Concrete Slab
  • Roof: Composition
  • Yard/Grounds: Balcony / Patio, BBQ Area, Fenced, Sprinklers - Auto
  • Fencing: Fenced Back, Wood
  • Construction Type: Wood, Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage, Gate / Door Opener, On Street

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Skylight

Schools

  • High School: 308

Lot Info

  • Lot Description: Grade - Mostly Level
  • Parcel Number: 773-03-031
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6300.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6300.00

Green Features

  • Energy Features: Ceiling Insulation, Double Pane Windows, Energy Star Appliances, Skylight, Thermostat Controller

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Morgan Hill Unified
  • Elementary School Text: P. A. Walsh Elementary
  • High School Text: Live Oak High
  • Middle School Text: Lewis H. Britton Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2021
Sold by
Walker Talicia A and Kelly Sean D
Bought by
Walker Talicia A and Kelly Sean D
Current Estimated Value
$1,075,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$543,000
Outstanding Balance
$484,811
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$590,964

Purchase Details

Listed on
May 11, 2017
Closed on
Jun 9, 2017
Sold by
Terry Katie A and Santa Justin L
Bought by
Walker Talicia A and Kelly Sean D
Seller's Agent
Lori LoBue
Coldwell Banker Realty
Buyer's Agent
Raylene Khan
Christie's International Real Estate Sereno
List Price
$655,000
Sold Price
$700,000
Premium/Discount to List
$45,000
6.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.26%
Original Mortgage
$560,000
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 15, 2015
Closed on
Apr 10, 2015
Sold by
Shehan Vernon
Bought by
Terry Katie A and Santa Justin L
Seller's Agent
Frank Leonardi
Bay Area Realty Group Services
Buyer's Agent
Lori LoBue
Coldwell Banker Realty
List Price
$539,500
Sold Price
$560,000
Premium/Discount to List
$20,500
3.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.21%
Original Mortgage
$55,944
Interest Rate
3.63%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 23, 1996
Sold by
Vermeer John L
Bought by
Shehan Vernon
Source: Public Records

Range of Values:

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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
Walker Talicia A -- Fidelity National Title Co
Walker Talicia A $700,000 Cornerstone Title Company
Terry Katie A $560,000 Chicago Title Company
Shehan Vernon -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walker Talicia A $543,000
Closed Walker Talicia A $560,000
Previous Owner Terry Katie A $55,944
Previous Owner Terry Katie A $448,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/20/2017 06/20/17 Sold $700,000 +6.9% $610 / Sq Ft
05/19/2017 05/19/17 Pending -- -- --
05/11/2017 05/11/17 For Sale $655,000 +17.0% $571 / Sq Ft
05/15/2015 05/15/15 Sold $560,000 +3.8% $488 / Sq Ft View Prior Sale
03/27/2015 03/27/15 Pending -- -- --
03/15/2015 03/15/15 For Sale $539,500 -- $470 / 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 $9,181 $812,402 $406,201 $406,201
2024 $9,181 $796,474 $398,237 $398,237
2023 $9,063 $780,858 $390,429 $390,429
2022 $8,912 $765,548 $382,774 $382,774
2021 $8,689 $750,538 $375,269 $375,269
2020 $8,479 $742,844 $371,422 $371,422
2019 $8,719 $728,280 $364,140 $364,140
2018 $8,746 $714,000 $357,000 $357,000
2017 $7,205 $579,910 $289,955 $289,955
2016 $6,748 $568,540 $284,270 $284,270
2015 $3,030 $254,435 $111,174 $143,261
2014 $3,054 $249,452 $108,997 $140,455
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81651065

MLSListings

APN: 773-03-031