Katrina Sousa
PMZ Real Estate
(209) 316-3103
68 Total Sales
1 in Morgan Hill
$1,420,000 Price
65 Wright Ave Morgan Hill, CA 95037
Morgan Hill AreaEstimated Value: $965,000 - $1,049,190
5
Beds
2
Baths
1,034
Sq Ft
$966/Sq Ft
Est. Value
Highlights
- Tile Flooring
- Level Lot
- 5-minute walk to Morgan Hill Historical Society
- Ann Sobrato High School Rated A
- 1-Story Property
About This Home
As of January 2024Two units on a 12,632 sq. ft lot which is zoned Residential Attached Medium, which allows for 16-24 units per acre. This opportunity offers an investor income while preparing to develop the site into apartments or for sale housing. 55 Wright Avenue is also offered for $1,050,000.
Last Agent to Sell the Property
Albers Real Estate Investment Company License #01006595 Listed on: 10/30/2023
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Property Details
Home Type
- Multi-Family
Year Built
- 1937
Lot Details
- 12,632 Sq Ft Lot
- Level Lot
Home Design
- Duplex
- Slab Foundation
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 1,034 Sq Ft Home
- 1-Story Property
- Washer and Dryer Hookup
Kitchen
- Electric Oven
- Formica Countertops
Flooring
- Carpet
- Tile
- Vinyl
Parking
- 4 Parking Spaces
- On-Street Parking
- Off-Street Parking
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- Heating System Uses Gas
- Separate Meters
- Individual Gas Meter
Listing and Financial Details
- Total Actual Rent $50,400
Community Details
Overview
- 1,034 Sq Ft Building
Building Details
- 2 Leased Units
- Gardener Expense $500
- Insurance Expense $1,357
- Maintenance Expense $2,000
- Manager Expense $3,000
- Other Expense $100
- Utility Expense $3,144
- Trash Expense $1,008
- Operating Expense $22,076
- Gross Income $48,888
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
Oct 30, 2023
Closed on
Jan 10, 2024
Sold by
Gongs Investment Group Llc
Bought by
Seller's Agent
Hap Albers
Albers Real Estate Investment Company
Buyer's Agent
Samuel Contreras
Calvary Dinh, Broker
List Price
$950,000
Sold Price
$950,000
Views
83
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,548
Avg. Annual Appreciation
1.88%
Original Mortgage
$855,000
Interest Rate
7.22%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 22, 2001
Sold by
Cristobol Patricia Gong and Gong Gerald
Bought by
Gongs Investment Group Llc
Purchase Details
Closed on
May 1, 2001
Sold by
Gong Kenneth and Hernandez Colleen Gong
Bought by
Cristobal Patricia Gong and Gong Gerald
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Morgan Hill, CA
-
Katrina Sousa
-
Linda Baker
Linda Baker
Milestone Realty
(669) 202-2676
77 Total Sales
2 in Morgan Hill
$1.2M - $1.8M Price Range
-
Astha Mathur
Astha Mathur
Compass
(669) 202-1667
68 Total Sales
3 in Morgan Hill
$1.3M - $1.5M Price Range
-
Juan Beher
Juan Beher
America Realty
(408) 668-2729
19 Total Sales
2 in Morgan Hill
$900K - $1.2M Price Range
-
Steve Guerrero
Steve Guerrero
Intero Real Estate Services
(650) 668-0960
34 Total Sales
1 in Morgan Hill
$1,615,333 Price
-
Edward Ong
Edward Ong
Responds QuicklyCorpen Real Estate Group
(669) 200-0582
82 Total Sales
1 in Morgan Hill
$849,000 Price
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 |
|---|---|---|---|
| $950,000 | Chicago Title | ||
| Gongs Investment Group Llc | -- | -- | |
| Cristobal Patricia Gong | -- | -- |
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 | $5,000,000 | ||
| Closed | Campuzano Yesenia Fernandez | $855,000 |
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 |
|---|---|---|---|---|
| 01/12/2024 01/12/24 | Sold | $950,000 | 0.0% | $919 / Sq Ft |
| 12/08/2023 12/08/23 | Pending | -- | -- | -- |
| 10/30/2023 10/30/23 | For Sale | $950,000 | -- | $919 / 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 |
|---|---|---|---|---|
| 2026 | $11,124 | $988,380 | $741,285 | $247,095 |
| 2025 | $1,303 | $969,000 | $726,750 | $242,250 |
| 2024 | $1,303 | $99,748 | $65,915 | $33,833 |
| 2023 | $1,286 | $97,793 | $64,623 | $33,170 |
| 2022 | $1,263 | $95,876 | $63,356 | $32,520 |
| 2021 | $1,232 | $93,997 | $62,114 | $31,883 |
| 2020 | $1,205 | $93,035 | $61,478 | $31,557 |
| 2019 | $1,235 | $91,212 | $60,273 | $30,939 |
| 2018 | $1,236 | $89,425 | $59,092 | $30,333 |
| 2017 | $1,224 | $87,673 | $57,934 | $29,739 |
| 2016 | $1,143 | $85,955 | $56,799 | $29,156 |
| 2015 | $1,130 | $84,665 | $55,946 | $28,719 |
| 2014 | $1,122 | $83,008 | $54,851 | $28,157 |
Source: Public Records
Agents Affiliated with this Home
-
Hap Albers
Seller's Agent in 2024
Hap Albers
Albers Real Estate Investment Company
(408) 893-6002
45 Total Sales
-
Samuel Contreras
SC
Buyer's Agent in 2024
Samuel Contreras
Calvary Dinh, Broker
(831) 801-0248
16 Total Sales
Map
Source: MLSListings
MLS Number: ML81946540
APN: 764-12-015
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