NOT LISTED FOR SALE

550 E Central Ave Morgan Hill, CA 95037

Estimated Value: $1,611,000 - $1,706,000

4 Beds
2.5 Baths
2,456 Sq Ft
$677/Sq Ft Est. Value

Last Sold May 23, 2022

Last sale price $1,705,000 $694 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $10,118/month

8 Days on Market

Highlights

  • Wood Flooring
  • Mediterranean Architecture
  • 3 Car Attached Garage
  • Ann Sobrato High School Rated A
  • Formal Dining Room
  • Walk-In Closet

About This Home

As of May 2022

Welcome to Morgan Hill! This gorgeous Mediterranean style home offers stunning curb appeal with stucco exterior, tile roof, lush landscaping & double door entry. Inside the freshly painted interior you're greeted by soaring ceilings in the living room & dining areas with transom windows for lots of natural light. Don't miss the ground floor office & double arch doors lead you to the family room & kitchen. There's recessed lighting in the kitchen along with a breakfast nook, island, granite tile counters & gas cooktop. You'll find 6 panel doors throughout plus decorative wainscoting & chair rail. There's a coffered ceiling in the primary bedroom & high ceilings in the others so it feels extra spacious inside. And there's lots of room for all your toys in the 3 car garage & the epoxy flooring makes for easy cleanup. The rear yard is an entertainers delight with a covered porch, concrete decking with brick inlay, lots of grass, covered pergolas for shade, LED string lights & a large shed.

Last Agent to Sell the Property

David Frazer

Coldwell Banker Realty License #01417036 Listed on: 04/15/2022

Coldwell Banker Realty

Last Buyer's Agent

Christa Nielsen

Real Estate Experts ERA Powered License #02033382

Real Estate Experts ERA Powered

Home Details

Home Type

  • Single Family

Year Built

  • 1999

Lot Details

  • 7,183 Sq Ft Lot
  • Back Yard Fenced
  • Level Lot

HOA Fees

  • $51 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Mediterranean Architecture
  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 2,456 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Formal Dining Room

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • Dual Sinks
  • Bathtub with Shower
  • Walk-in Shower

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Association fees include maintenance - common area
  • Sienna El Toro Association

Home Details

Home Type

Single Family

Year Built

1999

Lot Details

0

HOA Fees

$51 per month

Parking

3

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Style: Mediterranean
  • Listing Class: Residential
  • Structure Sq Ft: 2456
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1999

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room
  • Dining Room: Formal Dining Room
  • Fireplace: Yes
  • Living Sq Ft: 2456
  • Stories: 2
  • Bedrooms: Walk-In Closet
  • Flooring: Carpet, Tile, Wood
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Half On Ground Floor, Shower Over Tub - 1, Stall Shower, Tub In Primary Bedroom

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Tile
  • Fencing: Fenced Back

Garage/Parking

  • Garage Spaces: 3
  • Garage Parking Features: Attached Garage

Utilities

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

Condo/Co-op/Association

  • Complex Name: Sienna El Toro
  • HOA Fees: 51
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Maintenance - Common Area
  • HOA Exist: Yes
  • H O A Name Text: Sienna El Toro

Schools

  • High School: 1080

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1649
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7184.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7184.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2022
Closed on
May 13, 2022
Sold by
Enrique Acosta Iii and Enrique Linda
Bought by
Shivhare Akruti Ratan and Tomar Ayush
Seller's Agent
David Frazer
Coldwell Banker Realty
Buyer's Agent
Christa Nielsen
Real Estate Experts ERA Powered
List Price
$1,575,000
Sold Price
$1,705,000
Premium/Discount to List
$130,000
8.25%
Current Estimated Value
$1,663,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$41,483
Avg. Annual Appreciation
-0.67%
Original Mortgage
$1,364,000
Outstanding Balance
$1,276,612
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$386,905

Purchase Details

Closed on
Nov 21, 2000
Sold by
Burton Walter S and Burton Hillary C
Bought by
Acosta Enrique and Perez Acosta Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$584,000
Interest Rate
7.86%

Purchase Details

Closed on
Sep 3, 1999
Sold by
El Torro Gardens Venture Llc
Bought by
Burton Walter Scott and Burton Hillary C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,600
Interest Rate
7.66%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Shivhare Akruti Ratan $1,705,000 Chicago Title
Acosta Enrique $720,000 Commonwealth Land Title Co
Burton Walter Scott $499,500 Alliance Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shivhare Akruti Ratan $1,364,000
Previous Owner Acosta Enrique $584,000
Previous Owner Burton Walter Scott $399,600
Closed Acosta Enrique $73,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/23/2022 05/23/22 Sold $1,705,000 +8.3% $694 / Sq Ft
04/23/2022 04/23/22 Pending -- -- --
04/15/2022 04/15/22 For Sale $1,575,000 -- $641 / 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 $16,424 $1,510,000 $845,000 $665,000
2024 $16,424 $1,445,000 $794,700 $650,300
2023 $16,192 $1,415,000 $778,200 $636,800
2022 $11,995 $1,036,537 $390,473 $646,064
2021 $11,694 $1,016,214 $382,817 $633,397
2020 $11,411 $1,005,795 $378,892 $626,903
2019 $11,736 $986,074 $371,463 $614,611
2018 $11,774 $966,740 $364,180 $602,560
2017 $11,663 $947,786 $357,040 $590,746
2016 $10,925 $929,203 $350,040 $579,163
2015 $10,419 $881,900 $332,200 $549,700
2014 $10,098 $832,000 $313,400 $518,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81883176

MLSListings

APN: 726-21-011