NOT LISTED FOR SALE

731 San Marcos Ct Morgan Hill, CA 95037

Estimated Value: $1,392,000 - $1,682,000

5 Beds
3 Baths
3,058 Sq Ft
$514/Sq Ft Est. Value

Last Sold July 12, 2021

Last sale price $1,325,000 $433 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $10,377/month

24 Days on Market

Highlights

  • Private Pool
  • Wood Flooring
  • Open to Family Room
  • Ann Sobrato High School Rated A
  • Formal Dining Room
  • Forced Air Zoned Cooling and Heating System

About This Home

As of July 2021

Just in time for summer, your backyard oasis awaits!! Welcome to the cul-de-sac of San Marcos Court, located minutes from the 101 for the commuter, but tucked away perfectly in the beautiful neighborhood of the Laurel Oaks Community. This huge 5 bedroom home features sky high ceilings with abundant natural light, owned solar panels, plantation shutters, real Hardwood floors, walk in closets throughout, new paint, newer appliances, and much more. On a large lot, paradise can be right in your backyard with a pool/ spa, space for extra hosting or play structure, and a side yard complete with grapefruit and plum trees. You do not want to miss this spectacular opportunity to own a home that has it ALL!

Last Agent to Sell the Property

Lauren Ronan

Pacific Oak Homes License #02029128 Listed on: 05/19/2021

Pacific Oak Homes

Last Buyer's Agent

Manoj Thomas

Cascade California Realty, Inc. License #01808737

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,700

Year Built

  • 1997

Lot Details

  • 7,832

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 3 Car Garage

Home Design

  • Tile Roof

Interior Spaces

  • 3,058 Sq Ft Home
  • 2-Story Property
  • Fireplace With Gas Starter
  • Family Room with Fireplace
  • Formal Dining Room
  • Crawl Space
  • Washer and Dryer

Kitchen

  • Open to Family Room
  • Eat-In Kitchen

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Solar Heating System
  • Private Pool
  • 7,832 Sq Ft Lot
  • Forced Air Zoned Cooling and Heating System

Community Details

  • Association fees include common area electricity, common area gas, insurance - common area
  • Laurel Oaks Homeowners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,700

Year Built

1997

Lot Details

0

HOA Fees

$42 per month

Parking

3

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Age: 24
  • Listing Class: Residential
  • Structure Sq Ft: 3058
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1997

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Family Room, Gas Starter
  • Dining Room: Eat In Kitchen, Formal Dining Room
  • Fireplace: Yes
  • Living Sq Ft: 3058
  • Stories: 2
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Hardwood
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 3
  • Total Bedrooms: 5

Exterior Features

  • Foundation: Crawl Space
  • Pool Description: Yes
  • Roof: Clay, Tile

Garage/Parking

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

Utilities

  • Cooling System: Central Ac, Multi-Zone
  • Heating System: Central Forced Air - Gas, Solar
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • Complex Name: Laurel Oaks
  • HOA Fees: 125
  • HOA Fee Frequency: Quarterly
  • Association Fees Include: Common Area Electricity, Common Area Gas, Insurance - Common Area
  • HOA Exist: Yes
  • H O A Name Text: Laurel Oaks Homeowners Association

Schools

  • School District: Morgan Hill Unified

Lot Info

  • Lot Acres: 0.1798
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7831.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7831.00

Multi Family

  • Utilities: Public Utilities, Solar Panels - Owned

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2021
Closed on
Jun 24, 2021
Sold by
Zimmerman Lance M and Price Zimmerman Cara
Bought by
Narayanam Srinivas and Abbas Aneeja
Seller's Agent
Lauren Ronan
Pacific Oak Homes
Buyer's Agent
Manoj Thomas
Cascade California Realty, Inc.
List Price
$1,450,000
Sold Price
$1,325,000
Premium/Discount to List
-$125,000
-8.62%
Current Estimated Value
$1,641,353

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$316,353
Avg. Annual Appreciation
4.24%
Original Mortgage
$1,060,000
Outstanding Balance
$953,461
Interest Rate
1.75%
Mortgage Type
New Conventional
Estimated Equity
$617,851

Purchase Details

Closed on
May 30, 2017
Sold by
Zimmerman Lance M and Price Zimmerman Cara A
Bought by
Zimmerman Lance M and Price Zimmerman Cara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,100
Interest Rate
3.97%
Mortgage Type
Commercial

Purchase Details

Listed on
Oct 3, 2013
Closed on
Feb 20, 2014
Sold by
On Roland
Bought by
Zimmerman Lance M and Price Cara
Seller's Agent
Pamala Meador
Intero Real Estate Services
Buyer's Agent
Chris Mosher
Christie's International Real Estate Sereno
List Price
$899,000
Sold Price
$849,000
Premium/Discount to List
-$50,000
-5.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.51%
Original Mortgage
$590,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 21, 2011
Sold by
Ramirez Zoyla R and Rubalcava Martin M
Bought by
On Roland

Purchase Details

Closed on
Jul 13, 2007
Sold by
Salcedo Jose and Ramirez Maria De Jesus
Bought by
Ramirez Zoyla R and Ruvalcaba Martin M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$721,000
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 8, 2007
Sold by
Salcedo Jose and Ramirez Maria De Jesus
Bought by
Salcedo Jose and Ramirez Maria De Jesus

Purchase Details

Closed on
Jul 8, 2004
Sold by
Ramirez Zoyla Rosa
Bought by
Salcedo Jose and Ramirez Maria De Jesus

Purchase Details

Closed on
Feb 17, 2004
Sold by
Smithson Claude Thomas and Smithson Sandra R
Bought by
Salsedo Jose and Ramirez Maria Dejesus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$549,500
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 3, 1998
Sold by
Anderson John and Anderson Cheryl
Bought by
Smithson Claude Thomas and Smithson Sandra R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
3.9%

Purchase Details

Closed on
Oct 7, 1997
Sold by
Laurel Oaks Llc
Bought by
Anderson John and Anderson Cheryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,400
Interest Rate
7.54%
Mortgage Type
Credit Line Revolving
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
Narayanam Srinivas $1,325,000 Chicago Title Company
Zimmerman Lance M -- Chicago Title Company
Zimmerman Lance M $849,000 Chicago Title Company
Lian Soh Bee -- Chicago Title Company
On Roland $565,000 Old Republic Title Company
Ramirez Zoyla R -- Old Republic Title Company
Salcedo Jose $222,500 None Available
Salcedo Jose -- Commonwealth Land Title
Salsedo Jose $785,000 Commonwealth Land Title
Smithson Claude Thomas $585,000 Old Republic Title Company
Anderson John $485,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Narayanam Srinivas $1,060,000
Previous Owner Zimmerman Lance M $314,100
Previous Owner Zimmerman Lance M $126,500
Previous Owner Zimmerman Lance M $585,770
Previous Owner Zimmerman Lance M $590,000
Previous Owner Ramirez Zoyla R $721,000
Previous Owner Salsedo Jose $549,500
Previous Owner Smithson Claude Thomas $435,000
Previous Owner Smithson Claude Thomas $390,000
Previous Owner Anderson John $48,400
Previous Owner Anderson John $387,700
Closed Salsedo Jose $117,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2021 07/12/21 Sold $1,325,000 +1.9% $433 / Sq Ft
06/12/2021 06/12/21 Pending -- -- --
06/04/2021 06/04/21 Price Changed $1,299,999 -10.3% $425 / Sq Ft
06/04/2021 06/04/21 For Sale $1,450,000 0.0% $474 / Sq Ft
05/31/2021 05/31/21 Pending -- -- --
05/19/2021 05/19/21 For Sale $1,450,000 +70.8% $474 / Sq Ft
02/28/2014 02/28/14 Sold $849,000 0.0% $278 / Sq Ft
01/18/2014 01/18/14 Pending -- -- --
12/26/2013 12/26/13 Price Changed $849,000 -5.6% $278 / Sq Ft
10/03/2013 10/03/13 For Sale $899,000 -- $294 / 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 $16,700 $1,406,100 $822,436 $583,664
2024 $16,700 $1,378,530 $806,310 $572,220
2023 $16,479 $1,351,500 $790,500 $561,000
2022 $16,201 $1,325,000 $775,000 $550,000
2021 $11,888 $961,491 $432,614 $528,877
2020 $11,603 $951,634 $428,179 $523,455
2019 $11,890 $932,976 $419,784 $513,192
2018 $11,906 $914,683 $411,553 $503,130
2017 $11,785 $896,749 $403,484 $493,265
2016 $11,073 $879,167 $395,573 $483,594
2015 $10,946 $865,962 $389,632 $476,330
2014 $7,896 $578,916 $260,461 $318,455
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81844362

MLSListings

APN: 817-60-038