NOT LISTED FOR SALE

55 Paloma Dr Morgan Hill, CA 95037

Estimated Value: $1,044,000 - $1,374,792

3 Beds
2 Baths
1,450 Sq Ft
$843/Sq Ft Est. Value

Last Sold June 10, 2016

Last sale price $720,500 $497 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $7,240/month

4 Days on Market

Highlights

  • Wood Flooring
  • Eat-In Kitchen
  • Ceiling Fan
  • Ann Sobrato High School Rated A
  • Forced Air Heating and Cooling System
  • Separate Family Room

About This Home

As of June 2016

Enjoy the Morgan Hill lifestyle on a generously sized corner lot location with room to entertain, play and relax! With views of El Toro from the front wrap-around porch, the charming appeal of this home continues from the front entrance to the private back patio. Come experience the warmth in this cozy abode with a spacious look and feel that has been tastefully updated throughout. Wonderful north Morgan Hill location, great for commuting to Silicon Valley yet nestled in our quiet South Bay Valley just below the rolling foothills.

Last Agent to Sell the Property

Dominic Godfrey

Intero Real Estate Services License #01379323 Listed on: 05/05/2016

Intero Real Estate Services

Last Buyer's Agent

Chris Williams

Intero Real Estate Services License #01179224

Intero Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,117

Year Built

  • Built in 1963

Lot Details

  • 10,803 Sq Ft Lot
  • Fenced
  • Back Yard
  • Zoning described as R1

Parking

  • 2 Car Garage
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,450 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Separate Family Room
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 764-24-033

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,117

Year Built

Built in 1963

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 53
  • Listing Class: Residential
  • Structure Sq Ft: 1450
  • Year Built: 1963
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Starter, Wood Burning
  • Dining Room: Breakfast Bar, Eat in Kitchen
  • Living Sq Ft: 1450
  • Stories: 2
  • Flooring: Hardwood, Tile
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space
  • Roof: Shingle
  • Yard/Grounds: Back Yard, Fenced

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Off-Street Parking, On Street

Utilities

  • Cooling System: Ceiling Fan, Central Forced Air - Gas
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Septic Connected

Schools

  • School District: Morgan Hill Unified

Lot Info

  • Parcel Number: 764-24-033
  • Lot Acres: 0.2480
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 10811.59
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 10811.59

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Morgan Hill Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2016
Closed on
Jun 3, 2016
Sold by
Mirelez Mia and Mirelez Fernando R
Bought by
Vaca Julio A and Vaca Leslie A
Seller's Agent
Dominic Godfrey
Intero Real Estate Services
Buyer's Agent
Chris Williams
Intero Real Estate Services
List Price
$649,000
Sold Price
$720,500
Premium/Discount to List
$71,500
11.02%
Current Estimated Value
$1,222,198

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$501,698
Avg. Annual Appreciation
5.79%
Original Mortgage
$636,446
Outstanding Balance
$511,434
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$710,764

Purchase Details

Closed on
Jun 24, 2014
Sold by
Mirelez Mia
Bought by
Mirelez Mia and Mirelez Fernando R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 8, 2012
Closed on
Nov 26, 2012
Sold by
Medina Danny and Medina Bianca
Bought by
Mirelez Mia
Seller's Agent
Roger Cummings
The Wright House
Buyer's Agent
Dominic Godfrey
Intero Real Estate Services
List Price
$375,000
Sold Price
$380,000
Premium/Discount to List
$5,000
1.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.46%

Purchase Details

Listed on
May 8, 2012
Closed on
Nov 21, 2012
Sold by
Mirelez Fernando R
Bought by
Mirelez Mia
Seller's Agent
Roger Cummings
The Wright House
Buyer's Agent
Dominic Godfrey
Intero Real Estate Services
List Price
$375,000
Sold Price
$380,000
Premium/Discount to List
$5,000
1.33%

Purchase Details

Closed on
Oct 26, 2000
Sold by
Firato Richard G and Firato Juliene M
Bought by
Mathers Matthew M and Mcdonald Seldon B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$366,000
Interest Rate
10.5%
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
Vaca Julio A $720,500 Old Republic Title Company
Mirelez Mia -- Chicago Title Company
Mirelez Mia $380,000 Chicago Title Company
Mirelez Mia -- Chicago Title Company
Mathers Matthew M $458,000 Alliance Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vaca Julio A $636,446
Previous Owner Mirelez Mia $395,000
Previous Owner Mathers Matthew M $366,000
Closed Mathers Matthew M $68,700
Closed Mirelez Mia $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/10/2016 06/10/16 Sold $720,500 +11.0% $497 / Sq Ft
05/10/2016 05/10/16 Pending -- -- --
05/05/2016 05/05/16 For Sale $649,000 +70.8% $448 / Sq Ft
11/29/2012 11/29/12 Sold $380,000 +1.3% $262 / Sq Ft View Prior Sale
05/17/2012 05/17/12 Pending -- -- --
05/08/2012 05/08/12 For Sale $375,000 -- $259 / 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 $10,117 $902,797 $686,600 $216,197
2024 $10,117 $885,096 $673,138 $211,958
2023 $9,986 $867,742 $659,940 $207,802
2022 $9,825 $850,728 $647,000 $203,728
2021 $9,056 $787,969 $634,314 $153,655
2020 $8,835 $779,890 $627,810 $152,080
2019 $9,085 $764,599 $615,500 $149,099
2018 $9,111 $749,608 $603,432 $146,176
2017 $9,025 $734,910 $591,600 $143,310
2016 $4,756 $395,287 $270,460 $124,827
2015 $4,706 $389,350 $266,398 $122,952
2014 $4,763 $381,724 $261,180 $120,544
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2016

    Dominic Godfrey

    Intero Real Estate Services

    Section Image

  • C

    Buyer's Agent in 2016

    Chris Williams

    Intero Real Estate Services

    Section Image

  • R

    Seller's Agent in 2012

    Roger Cummings

    The Wright House

    Section Image
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Map

Source: MLSListings

MLS Number: ML81583919

MLSListings

APN: 764-24-033

California Santa Clara County Morgan Hill 95037

55 Paloma Dr, Morgan Hill, CA

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