NOT LISTED FOR SALE

85 E 5th St Morgan Hill, CA 95037

Estimated Value: $852,000 - $2,599,108

2 Beds
1 Bath
936 Sq Ft
$1,423/Sq Ft Est. Value

Last Sold August 22, 2016

Last sale price $585,000 $625 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $7,598/month

6 Days on Market

Highlights

  • 2 Car Detached Garage
  • 4-minute walk to Morgan Hill
  • Forced Air Heating System
  • Ann Sobrato High School Rated A
  • Eat-In Kitchen
  • 2-minute walk to Railroad Park

About This Home

As of August 2016

Charming cottage in downtown Morgan Hill. Close to rail transportation and beautiful downtown Morgan Hill with its shops and restaurants.

Last Agent to Sell the Property

Gary Hill

Compass License #00783952 Listed on: 04/26/2016

Compass

Last Buyer's Agent

Joanne McPhee

Coldwell Banker Realty License #01713548

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1947

Lot Details

  • 5,619 Sq Ft Lot
  • Wood Fence
  • Back Yard Fenced
  • Zoning described as CC

Parking

  • 2 Car Detached Garage

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 936 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 726-13-008

Home Details

Home Type

Single Family

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 936
  • Year Built: 1947
  • Zoning Description: CC
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area in Living Room, Eat in Kitchen
  • Living Sq Ft: 936
  • Stories: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Fencing: Fenced Back, Wood
  • Construction Type: Wood, Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Detached Garage

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Parcel Number: 726-13-008
  • Lot Acres: 0.1290
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5600.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5600.00

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
Apr 26, 2016
Closed on
Aug 12, 2016
Sold by
Marinakis George and Marinakis Cristina
Bought by
Mcphee Donald Robert
Seller's Agent
Gary Hill
Compass
Buyer's Agent
Joanne McPhee
Coldwell Banker Realty
List Price
$549,000
Sold Price
$585,000
Premium/Discount to List
$36,000
6.56%
Current Estimated Value
$1,331,777

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$746,777
Avg. Annual Appreciation
9.17%

Purchase Details

Closed on
May 27, 2016
Sold by
Marinakis George
Bought by
Marinakis George and Marinakis Cristina

Purchase Details

Listed on
Sep 13, 2013
Closed on
Nov 4, 2013
Sold by
Marinakis Cristina M
Bought by
Marinakis George
Seller's Agent
Peter Carey
Peter Carey Realty
Buyer's Agent
Gary Hill
Compass
List Price
$424,500
Sold Price
$433,000
Premium/Discount to List
$8,500
2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.67%
Original Mortgage
$411,350
Interest Rate
4.27%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 13, 2013
Closed on
Oct 21, 2013
Sold by
Us Bank National Association
Bought by
Marinakis George
Seller's Agent
Peter Carey
Peter Carey Realty
Buyer's Agent
Gary Hill
Compass
List Price
$424,500
Sold Price
$433,000
Premium/Discount to List
$8,500
2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$411,350
Interest Rate
4.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 2012
Sold by
Stiltz Ronald D and Stiltz Cynthia A
Bought by
U S Bank National Association

Purchase Details

Closed on
Jan 26, 2007
Sold by
Coleman James W and Coleman Laura L
Bought by
Stiltz Ronald D and Stiltz Cynthia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,500
Interest Rate
8.95%
Mortgage Type
Negative Amortization
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
Mcphee Donald Robert $585,000 Old Republic Title Company
Marinakis George -- None Available
Marinakis George -- Lsi Title Company Inc
Marinakis George $433,000 Lsi Title Company Inc
U S Bank National Association $330,000 Accommodation
Stiltz Ronald D $525,000 Alliance Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marinakis George $411,350
Previous Owner Stiltz Ronald D $408,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/22/2016 08/22/16 Sold $585,000 +6.6% $625 / Sq Ft
05/03/2016 05/03/16 Pending -- -- --
04/26/2016 04/26/16 For Sale $549,000 +26.8% $587 / Sq Ft
11/07/2013 11/07/13 Sold $433,000 +8.4% $463 / Sq Ft View Prior Sale
10/18/2013 10/18/13 Pending -- -- --
10/10/2013 10/10/13 Price Changed $399,500 -5.9% $427 / Sq Ft
09/13/2013 09/13/13 For Sale $424,500 -- $454 / 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 $7,689 $678,936 $545,472 $133,464
2024 $7,689 $665,625 $534,777 $130,848
2023 $7,591 $652,575 $524,292 $128,283
2022 $7,463 $639,780 $514,012 $125,768
2021 $7,276 $627,236 $503,934 $123,302
2020 $7,101 $620,805 $498,767 $122,038
2019 $7,302 $608,634 $488,988 $119,646
2018 $7,324 $596,700 $479,400 $117,300
2017 $7,255 $585,000 $470,000 $115,000
2016 $5,340 $448,386 $201,722 $246,664
2015 $5,283 $441,651 $198,692 $242,959
2014 $5,350 $433,000 $194,800 $238,200
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2016

    Gary Hill

    Compass

    Section Image
  • Joanne McPhee

    Buyer's Agent in 2016

    Joanne McPhee

    Coldwell Banker Realty

    (408) 710-8078

    11 in this area

    27 Total Sales

    Joanne McPhee
    Section Image
  • Peter Carey

    Seller's Agent in 2013

    Peter Carey

    Peter Carey Realty

    (408) 272-3345

    16 Total Sales

    Peter Carey
    Section Image
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Map

Source: MLSListings

MLS Number: ML81582179

MLSListings

APN: 726-13-008

California Santa Clara County Morgan Hill 95037

85 E 5th St, Morgan Hill, CA

Not Listed for Sale

Detached

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