NOT LISTED FOR SALE

815 E Main Ave Morgan Hill, CA 95037

Estimated Value: $1,192,000 - $1,535,922

3 Beds
1.5 Baths
1,421 Sq Ft
$966/Sq Ft Est. Value

Last Sold October 20, 2023

Last sale price $1,450,000 $1,020 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $8,575/month

61 Days on Market

Highlights

  • 1.45 Acre Lot
  • Living Room with Fireplace
  • Formal Dining Room
  • Ann Sobrato High School Rated A
  • Wood Flooring
  • 2 Car Attached Garage

About This Home

As of October 2023

First time on the market! Rare opportunity to acquire an approx. 1.446 flat parcel in the County (not City limits) with 2 homes and a detached garage. 815-A is a single story, 3 bed, 1.5 bath home w/attached 2-car garage & oversized carport, year 1949 (per county records). 815-B is a single story, 2 bed, 1 bath home (permits unknown). Both homes on separate septic sewer systems. Water serviced by a well. Separate meters for gas & electricity. Older homes in need of repair or replacement. Fixer upper! Oversized, detached 2-car garage at rear of property. So much potential here to build your dream home, create rental income (Airbnb rentals), small vineyard (grow your own grapes), or possible horse property? Buyer to verify all permitted uses with County. County says zoning (A-20A) allows for 1 Single Family Home, 1 - ADU and 1- Junior ADU (Buyer to verify with County). Close to Hwy-101, downtown shops/restaurants/retail, schools, wineries, Anderson Lake, Coyote Creek Trail & bus lines.

Last Agent to Sell the Property

Robbie Matusich

Richard G. Matusich & Assoc., Inc. License #01449407 Listed on: 06/23/2023

Last Buyer's Agent

Jacqueline Lopez-Flores

Eagle Home Loans License #01853114

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1949

Lot Details

  • 1.45 Acre Lot
  • Mostly Level
  • Back Yard Fenced
  • Zoning described as A-20A

Parking

  • 2 Car Attached Garage
  • 4 Carport Spaces
  • Tandem Parking
  • Uncovered Parking

Home Design

  • Fixer Upper
  • Metal Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,421 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Tile Countertops

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry in Garage
  • Electric Dryer Hookup

Horse Facilities and Amenities

  • Horses Potentially Allowed on Property

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Wood Insert Heater
  • Separate Meters
  • Individual Gas Meter
  • Well
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 726-19-011

Home Details

Home Type

Single Family

Year Built

Built in 1949

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Unknown
  • Property Condition: Fixer Upper
  • Listing Class: Residential
  • Structure Sq Ft: 1421
  • Year Built: 1949
  • Zoning Description: A-20A
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Insert, Living Room, Wood Burning
  • Dining Room: Eat in Kitchen, Formal Dining Room
  • Kitchen: Countertop - Tile, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 1421
  • Stories: 1
  • Laundry: Electricity Hookup (110V), Electricity Hookup (220V), In Garage
  • Flooring: Hardwood, Laminate, Vinyl / Linoleum
  • Fireplaces Min: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Shower over Tub - 1, Tub
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab, Crawl Space
  • Roof: Metal
  • Yard/Grounds: Back Yard, Fenced
  • Horse Property: Possible
  • Fencing: Fenced, Fenced Back, Gate, Wood

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage, Carport, Covered Parking, Parking Area, Tandem Parking, Uncovered Parking
  • Carport Min: 4

Utilities

  • Cooling System: Ceiling Fan, Window / Wall Unit
  • Heating System: Central Forced Air, Fireplace
  • Sewer/Septic System: Existing Septic, Septic Connected, Septic Tank / Pump

Schools

  • High School: 1080

Lot Info

  • Lot Description: Grade - Mostly Level
  • Parcel Number: 726-19-011
  • Lot Acres: 1.4455
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 62966.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 62966.00
  • Soil: Unknown

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities

MLS Schools

  • High School District Text: Morgan Hill Unified
  • Elementary School Text: El Toro Elementary
  • High School Text: Ann Sobrato High
  • Middle School Text: Martin Murphy Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2023
Closed on
Sep 15, 2023
Sold by
Larson Family Living Trust
Bought by
Yera Sergio Rivera
Seller's Agent
Robbie Matusich
Richard G. Matusich & Assoc., Inc.
Buyer's Agent
Jacqueline Lopez-Flores
Eagle Home Loans
List Price
$1,675,000
Sold Price
$1,450,000
Premium/Discount to List
-$225,000
-13.43%
Views
247
Current Estimated Value
$1,373,231

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$76,769
Avg. Annual Appreciation
-2.48%
Original Mortgage
$850,000
Outstanding Balance
$831,722
Interest Rate
7.12%
Mortgage Type
New Conventional
Estimated Equity
$541,509

Purchase Details

Closed on
Jul 20, 1994
Sold by
Larson Alden F and Larson Geraldine
Bought by
Larson Alden F and Larson Geraldine
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Yera Sergio Rivera $1,450,000 Chicago Title
Larson Alden F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yera Sergio Rivera $850,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/20/2023 10/20/23 Sold $1,450,000 -6.5% $1,020 / Sq Ft
08/24/2023 08/24/23 Pending -- -- --
08/07/2023 08/07/23 Price Changed $1,550,000 -7.5% $1,091 / Sq Ft
06/23/2023 06/23/23 For Sale $1,675,000 -- $1,179 / 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 $16,564 $1,479,000 $1,275,000 $204,000
2024 $16,564 $1,450,000 $1,250,000 $200,000
2023 $1,062 $78,762 $24,614 $54,148
2022 $1,043 $77,219 $24,132 $53,087
2021 $1,017 $75,706 $23,659 $52,047
2020 $994 $74,931 $23,417 $51,514
2019 $1,018 $73,462 $22,958 $50,504
2018 $1,019 $72,022 $22,508 $49,514
2017 $1,008 $70,611 $22,067 $48,544
2016 $940 $69,228 $21,635 $47,593
2015 $930 $68,190 $21,311 $46,879
2014 $918 $66,855 $20,894 $45,961
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81932941

MLSListings

APN: 726-19-011