NOT LISTED FOR SALE

815 Mercedes Dr Morgan Hill, CA 95037

Estimated Value: $1,757,000 - $1,866,000

4 Beds
2.5 Baths
2,727 Sq Ft
$672/Sq Ft Est. Value

Last Sold October 04, 2022

Last sale price $1,800,000 $660 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $11,822/month

6 Days on Market

Highlights

  • Solar Power System
  • 2 Fireplaces
  • Wine Refrigerator
  • Ann Sobrato High School Rated A
  • Quartz Countertops
  • Formal Dining Room

About This Home

As of October 2022

A turnkey home tucked on a quiet street, this single-story stunner has been designed w/ an open floorplan that creates communal areas yet allows family members to retreat to a space of their own. The timeless façade reveals a central courtyard w/a bubbling water feature. Guests are greeted by a sprawling footprint adorned with vinyl plank flooring and crown molding. Poised for dinner parties, a gorgeous kitchen has been updated with a Thermador range/quartz counters/custom tile/soft-close cabinets. Warmed by a cozy fireplace, an adjacent living room spills outward into a lush patio w/ pergola. A curved breakfast nook sets the tone for Sunday morning pancakes, while a formal dining room is ready for larger gatherings and a family room is perfect for movie nights. A sunny primary suite w/ a fireplace and walk-in closet boasts an ensuite bath w/ quartz vanity/marble shower/soaking tub. A professionally landscaped backyard welcomes alfresco entertaining w/a paver patio/stone walkway/ spa.

Last Agent to Sell the Property

Paul Sabbagh

Venture Sotheby’s International Realty License #01482511 Listed on: 09/07/2022

Venture Sotheby’s International Realty

Last Buyer's Agent

Grace Garland

Coldwell Banker Realty License #01849056

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,924

Year Built

  • 2003

Lot Details

  • 7,588 Sq Ft Lot
  • Kennel or Dog Run
  • Sprinklers on Timer
  • Grass Covered Lot
  • Back Yard

HOA Fees

  • $90 Monthly HOA Fees

Parking

  • 3 Car Garage

Home Design

  • Slab Foundation

Interior Spaces

  • 2,727 Sq Ft Home
  • 1-Story Property
  • 2 Fireplaces
  • Gas Fireplace
  • Separate Family Room
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Double Oven
  • Electric Oven
  • Electric Cooktop
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Flooring

  • Stone
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Stone Countertops In Bathroom
  • Dual Sinks
  • Garden Bath
  • Walk-in Shower

Laundry

  • Laundry in Utility Room
  • Laundry Tub

Eco-Friendly Details

  • Solar Power System
  • Solar owned by a third party

Outdoor Features

  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Within 50 Feet

Community Details

Overview

  • Morgan Lane Home Owners Association
  • Greenbelt

Amenities

  • Courtyard

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,924

Year Built

2003

Lot Details

0

HOA Fees

$90 per month

Parking

3

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Style: Ranch
  • Age: 19
  • Listing Class: Residential
  • Structure Sq Ft: 2727
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2003

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Burning
  • Dining Room: Breakfast Bar, Eat In Kitchen, Formal Dining Room
  • Kitchen: Cooktop - Electric, Countertop - Quartz, Dishwasher, Garbage Disposal, Island, Oven - Double, Oven Range - Electric, Pantry, Refrigerator, Wine Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 2727
  • Stories: 1
  • Laundry: In Utility Room, Tub / Sink
  • Flooring: Stone, Vinyl / Linoleum
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Stall Shower, Stone, Sunken / Garden Tub

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Concrete
  • Yard/Grounds: Back Yard, Courtyard, Dog Run / Kennel, Low Maintenance, Sprinklers - Auto, Storage Shed / Structure
  • Pool: Spa / Hot Tub

Garage/Parking

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

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer In Street

Condo/Co-op/Association

  • Complex Name: Morgan Lane
  • HOA Fees: 90
  • HOA Amenities: Garden / Greenbelt / Trails, Playground
  • HOA Documents: Bylaws, Cc&rs, Financial Statement, Minutes
  • HOA Fee Frequency: Monthly
  • HOA Exist: Yes
  • H O A Name Text: Morgan Lane Home Owners Association

Schools

  • School District: Morgan Hill Unified

Lot Info

  • Lot Acres: 0.1742
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7589.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7589.00

Green Features

  • Energy Features: Solar Power

Multi Family

  • Utilities: Solar Panels - Leased

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2022
Closed on
Sep 20, 2022
Sold by
Koehn John H and Koehn Katharine D
Bought by
Jadav Revocable Trust
Seller's Agent
Paul Sabbagh
Venture Sotheby’s International Realty
Buyer's Agent
Grace Garland
Coldwell Banker Realty
List Price
$1,749,000
Sold Price
$1,800,000
Premium/Discount to List
$51,000
2.92%
Views
10
Current Estimated Value
$1,832,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,945
Avg. Annual Appreciation
0.63%
Original Mortgage
$1,440,000
Outstanding Balance
$1,374,203
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
$458,742

Purchase Details

Closed on
Nov 15, 2006
Sold by
Wilson Katharine and Koehn John
Bought by
Koehn John H and Koehn Katharine D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$770,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 29, 2003
Sold by
Warmington Morgan Lane Associates Lp
Bought by
Wilson Katherine and Koehn John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$586,500
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage
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
Jadav Revocable Trust $1,800,000 Chicago Title
Koehn John H -- Stewart Title Of Ca Inc
Wilson Katherine $690,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jadav Revocable Trust $1,440,000
Previous Owner Koehn John H $660,000
Previous Owner Koehn John $102,000
Previous Owner Koehn John H $770,000
Previous Owner Wilson Katharine $695,000
Previous Owner Wilson Katherine $586,500
Closed Wilson Katherine $103,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2022 10/04/22 Sold $1,800,000 +2.9% $660 / Sq Ft
09/13/2022 09/13/22 Pending -- -- --
09/07/2022 09/07/22 For Sale $1,749,000 -- $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 $20,924 $1,872,720 $1,305,702 $567,018
2024 $20,924 $1,836,000 $1,280,100 $555,900
2023 $20,655 $1,800,000 $1,255,000 $545,000
2022 $10,714 $924,438 $368,433 $556,005
2021 $10,446 $906,312 $361,209 $545,103
2020 $10,193 $897,020 $357,506 $539,514
2019 $10,483 $879,433 $350,497 $528,936
2018 $10,516 $862,190 $343,625 $518,565
2017 $10,418 $845,286 $336,888 $508,398
2016 $9,758 $828,713 $330,283 $498,430
2015 $9,654 $816,266 $325,322 $490,944
2014 $9,798 $800,278 $318,950 $481,328
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81905835

MLSListings

APN: 726-28-018