NOT LISTED FOR SALE

705 E Central Ave Morgan Hill, CA 95037

Estimated Value: $1,141,872 - $1,320,000

3 Beds
2.5 Baths
1,815 Sq Ft
$667/Sq Ft Est. Value

Last Sold March 14, 2019

Last sale price $849,000 $468 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $7,301/month

15 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Attached Garage
  • Combination Dining and Living Room
  • Ann Sobrato High School Rated A
  • Forced Air Heating and Cooling System
  • Gas Fireplace

About This Home

As of March 2019

Meticulous, beautiful and cozy. Beautiful hardwood floors downstairs, large kitchen with built in custom drawers and dividers, dining area opens up to living room with fireplace, office is located downstairs. Three bedrooms and two bathrooms upstairs, including the Master Bedroom suite with walk in closet. Laundry room is conveniently located upstairs. The backyard is ideal for entertaining and having a BBQ. Planter boxes are great for gardening and the fruit trees include apple tree, avocado tree persimmon and plum. Located close to downtown Morgan Hill and all it has to offer. Close to shopping and parks.

Last Agent to Sell the Property

Susan Beadles

Coldwell Banker Realty License #01196933 Listed on: 01/22/2019

Coldwell Banker Realty

Last Buyer's Agent

Minoti Merchant

Compass License #01977488

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2003

Lot Details

  • 3,855 Sq Ft Lot
  • Back Yard Fenced
  • Zoning described as R1

HOA Fees

  • $90 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Tile Roof
  • Concrete Roof

Interior Spaces

  • 1,815 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Laundry in unit

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Morgan Lane Association
  • Built by Morgan Lane

Listing and Financial Details

  • Assessor Parcel Number 726-28-028

Home Details

Home Type

Single Family

Year Built

Built in 2003

Lot Details

0

HOA Fees

$90 per month

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 1815
  • Complex Name: Morgan Lane
  • Year Built: 2003
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Burning, Living Room
  • Dining Room: Dining Area in Living Room
  • Kitchen: Cooktop - Gas, Dishwasher, Garbage Disposal, Microwave
  • Living Sq Ft: 1815
  • Stories: 2
  • Laundry: Inside
  • Flooring: Carpet, Vinyl / Linoleum, Wood
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Roof: Concrete, Tile
  • Fencing: Fenced Back

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 90
  • HOA Fee Frequency: Monthly
  • H O A Name Text: Morgan Lane
  • H O A Exist: Yes

Lot Info

  • Parcel Number: 726-28-028
  • Lot Acres: 0.0885
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3857.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 3857.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Morgan Hill Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 29, 2020
Sold by
Chhabra Aman S and Chhabra Lakshmi Prathyusha
Bought by
Chhabra Aman S and Chhabra Lakshmi Prathyusha
Current Estimated Value
$1,210,218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$666,500
Outstanding Balance
$592,324
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$617,894

Purchase Details

Closed on
Feb 26, 2020
Sold by
Lakshmi Prathyusha Chilakamarri Ragha and Chhabra Aman Signh
Bought by
Chhabra Aman Singh and Chhabra Lakshmi Prathyuska

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$670,400
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 22, 2019
Closed on
Mar 6, 2019
Sold by
Wall Richard L and Wall Jacqueline J
Bought by
Chilakamarri Prathyusha and Chhabra Aman Singh
Seller's Agent
Susan Beadles
Coldwell Banker Realty
Buyer's Agent
Minoti Merchant
Compass
List Price
$849,000
Sold Price
$849,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.32%
Original Mortgage
$679,200
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2007
Sold by
Pineda Raymund M and Pimentel Pineda Christine
Bought by
Wall Richard L and Wall Jacqueline J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$563,520
Interest Rate
6.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 1, 2006
Sold by
Pimentel Pineda Christine and Pineda Raymund M
Bought by
Pineda Raymund M and Pimentel Pineda Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.56%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 9, 2005
Sold by
Pimentel Pineda Christine and Pineda Raymund M
Bought by
Pineda Raymund M and Pimentel Pineda Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.72%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 25, 2003
Sold by
Warmington Morgan Lane Associates Lp
Bought by
Pineda Raymund M and Pimentel Pineda Christine Hotchkiss

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$422,950
Interest Rate
5.75%
Mortgage Type
Stand Alone First
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

Date Buyer Sale Price Title Company
Chhabra Aman S -- Fidelity National Title
Chhabra Aman Singh -- Mortgage Connect Lp
Chilakamarri Prathyusha $849,000 Chicago Title Company
Wall Richard L $704,500 Fidelity National Title Co
Pineda Raymund M -- Financial Title Company
Pineda Raymund M -- Financial Title Company
Pineda Raymund M $529,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chhabra Aman S $666,500
Closed Chhabra Aman Singh $670,400
Closed Chilakamarri Prathyusha $679,200
Previous Owner Wall Richard L $563,520
Previous Owner Pineda Raymund M $250,000
Previous Owner Pineda Raymund M $200,000
Previous Owner Pineda Raymund M $422,950
Closed Pineda Raymund M $105,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/14/2019 03/14/19 Sold $849,000 0.0% $468 / Sq Ft
02/07/2019 02/07/19 Pending -- -- --
01/22/2019 01/22/19 For Sale $849,000 -- $468 / 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 $10,583 $947,071 $590,107 $356,964
2024 $10,583 $928,502 $578,537 $349,965
2023 $10,446 $910,297 $567,194 $343,103
2022 $10,269 $892,449 $556,073 $336,376
2021 $10,011 $874,951 $545,170 $329,781
2020 $9,354 $829,000 $516,500 $312,500
2019 $9,814 $829,419 $373,143 $456,276
2018 $9,552 $789,000 $354,900 $434,100
2017 $9,139 $747,000 $336,000 $411,000
2016 $8,089 $692,000 $311,300 $380,700
2015 $6,886 $586,000 $263,600 $322,400
2014 $6,731 $554,000 $249,200 $304,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81736049

MLSListings

APN: 726-28-028