NOT LISTED FOR SALE

85 E 1st St Morgan Hill, CA 95037

Estimated Value: $1,190,869 - $1,321,000

2 Beds
1 Bath
871 Sq Ft
$1,442/Sq Ft Est. Value

Last Sold September 22, 2017

Last sale price $786,500 $903 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $7,895/month

25 Days on Market

Highlights

  • 2 Car Attached Garage
  • Forced Air Heating System
  • 1-Story Property
  • Bathroom on Main Level
  • Combination Dining and Living Room

About This Home

As of September 2017

Investor/Developer-Special. Unique opportunity to own this property on large corner lot - in Morgan Hill Central Business District. Exempt from competing in the Residential Development Control System (RDCS) for building allocations per Morgan Hill Development Service Department. Value is in the Land & Location. Probate Sale, subject to approval of Notice of Proposed Action. Cash Only. 10% deposit is required. Disclosure package with info regarding Permitted Uses, Development Standard from City, etc is available upon request.

Last Agent to Sell the Property

Christine Lequang

Keller Williams San Jose Gateway License #01269736 Listed on: 07/27/2017

Keller Williams San Jose Gateway

Last Buyer's Agent

Maria Bautista

Keller Williams San Jose Gateway License #01839415

Keller Williams San Jose Gateway

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1958

Lot Details

  • 9,287 Sq Ft Lot
  • Zoning described as CC

Parking

  • 2 Car Attached Garage

Home Design

  • Fixer Upper
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 871 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 726-14-042

Home Details

Home Type

Single Family

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Property Condition: Fixer Upper
  • Age: 59
  • Listing Class: Residential
  • Structure Sq Ft: 871
  • Year Built: 1958
  • Zoning Description: CC
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room
  • Dining Room: Dining Area in Living Room
  • Living Sq Ft: 871
  • Stories: 1
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Full on Ground Floor
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Composition

Garage/Parking

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

Utilities

  • Heating System: Forced Air
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Morgan Hill Unified

Lot Info

  • Parcel Number: 726-14-042
  • Lot Acres: 0.2132
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9287.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 9287.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Morgan Hill Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2017
Closed on
Sep 11, 2017
Sold by
Ramoni James J and Estate Of Gary Robert Weber
Bought by
City Of Morgan Hill
Seller's Agent
Christine Lequang
Keller Williams San Jose Gateway
Buyer's Agent
Maria Bautista
Keller Williams San Jose Gateway
List Price
$600,000
Sold Price
$786,500
Premium/Discount to List
$186,500
31.08%
Current Estimated Value
$1,255,935

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$469,435
Avg. Annual Appreciation
5.96%
Source: Public Records

Range of Values:

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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
City Of Morgan Hill -- Chicago Title Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/22/2017 09/22/17 Sold $786,500 +31.1% $903 / Sq Ft
08/22/2017 08/22/17 Pending -- -- --
07/27/2017 07/27/17 For Sale $600,000 -- $689 / 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 -- -- -- --
2024 -- -- -- --
2023 -- -- -- --
2022 -- -- -- --
2021 -- $0 $0 $0
2020 $0 $0 $0 $0
2019 $1,576 $0 $0 $0
2018 $0 $0 $0 $0
2017 $6,587 $530,000 $440,000 $90,000
2016 $1,876 $157,064 $103,525 $53,539
2015 $1,854 $154,705 $101,970 $52,735
2014 $1,858 $151,675 $99,973 $51,702
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2017

    Christine Lequang

    Keller Williams San Jose Gateway

    Section Image

  • M

    Buyer's Agent in 2017

    Maria Bautista

    Keller Williams San Jose Gateway

    Section Image
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Map

Source: MLSListings

MLS Number: ML81671808

MLSListings

APN: 726-14-042

California Santa Clara County Morgan Hill 95037

85 E 1st St, Morgan Hill, CA

This home is located at 85 E 1st St, Morgan Hill, CA 95037 since 27 July 2017 and is currently estimated at $1,255,935, approximately $1,441 per square foot. This property was built in 1958. 85 E 1st St is a home located in Santa Clara County with nearby schools including P.A. Walsh STEAM Academy, Britton Middle School, and Live Oak High School.

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