NOT LISTED FOR SALE

885 W San Martin Ave San Martin, CA 95046

Estimated Value: $3,274,000 - $3,390,055

5 Beds
4.5 Baths
5,500 Sq Ft
$606/Sq Ft Est. Value

Last Sold February 14, 2023

Last sale price $2,875,000 $523 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $20,492/month

31 Days on Market

Highlights

  • Horse Property
  • 11.62 Acre Lot
  • Recreation Room
  • Primary Bedroom Suite
  • Fireplace in Primary Bedroom
  • Vaulted Ceiling

About This Home

As of February 2023

Exquisite 11.98-acre estate nestled in a private gated community amongst rolling hills, mature oaks, tranquil sunsets, and pristine city views. Lush landscaping surrounds this 5,500SF home with 5 beds, 3.5 baths, high open beam ceilings, 3-stone fireplaces, a veranda, and bay windows. An inviting formal entry leads you to a spacious living room or formal dining room where you're met with walls of windows engulfed in natural light. The expansive kitchen with an island, walk-in pantry, granite counters, and stainless-steel appliances is the envy of any chef. Unwind in the lavish master suite with retreat, walk-in closet, jetted tub, and a sit-in balcony overlooking the copious grounds. Take in the "country feel" and walk down the private road along a rural creek, past vineyards, horses, and cattle. Enjoy quietude with a good book near the surreal fountain or inside the Pergola with a warm fire. This is a must-see property only minutes from restaurants, shopping, and downtown Morgan Hill.

Last Agent to Sell the Property

Shante Pappas

Compass License #01095582 Listed on: 11/29/2022

Compass

Last Buyer's Agent

RECIP

Out of Area Office License #00000000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $33,389

Year Built

  • Built in 1997

Lot Details

  • 11.62 Acre Lot
  • Fenced For Horses
  • Sprinklers on Timer
  • Back Yard
  • Zoning described as HS-D1

HOA Fees

  • $183 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Raised Foundation
  • Tile Roof

Interior Spaces

  • 5,500 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Beamed Ceilings
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Bay Window
  • Mud Room
  • Formal Entry
  • Family Room with Fireplace
  • 3 Fireplaces
  • Great Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Library
  • Recreation Room
  • Bonus Room
  • Storage Room

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Eat-In Kitchen
  • Double Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Granite Bathroom Countertops
  • Dual Sinks
  • Hydromassage or Jetted Bathtub
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Gas Dryer Hookup

Home Security

  • Security Lights
  • Intercom
  • Monitored
  • Panic Alarm

Outdoor Features

  • Horse Property
  • Balcony
  • Enclosed Patio or Porch
  • Outdoor Fireplace
  • Gazebo
  • Shed
  • Barbecue Area

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan
  • Heating System Uses Gas
  • Propane
  • Septic Tank
  • Satellite Dish

Additional Features

  • Solar owned by seller
  • Pasture

Listing and Financial Details

  • Assessor Parcel Number 779-43-019

Community Details

Overview

  • Association fees include maintenance - road
  • Community Service Hayes Valley Road Ma Association

Amenities

  • Courtyard

Home Details

Home Type

Single Family

Est. Annual Taxes

$33,389

Year Built

Built in 1997

Lot Details

0

HOA Fees

$183 per month

Parking

3

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 5500
  • Incorporated: Yes
  • Year Built: 1997
  • Zoning Description: HS-D1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Family Room, Living Room, Primary Bedroom, Wood Burning
  • Dining Room: Breakfast Nook, Eat in Kitchen, Formal Dining Room
  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Exhaust Fan, Garbage Disposal, Island with Sink, Microwave, Oven - Double, Pantry, Refrigerator
  • Living Sq Ft: 5500
  • Stories: 2
  • Security: Panic Alarm, Security Alarm, Security Lights, Video / Audio System
  • Bedrooms: Ground Floor Bedroom, Primary Suite / Retreat, Walk-in Closet
  • Laundry: Electricity Hookup (110V), Gas Hookup, Inside
  • Additional Rooms: Bonus / Hobby Room, Den / Study / Office, Formal Entry, Great Room, Library, Mud Room, Recreation Room, Storage
  • Fireplaces Min: 3
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Bathroom: Double Sinks, Granite, Stall Shower, Tub, Tub with Jets
  • Fireplace: Yes

Exterior Features

  • Foundation: Raised
  • Roof: Tile
  • Yard/Grounds: Back Yard, Balcony / Patio, BBQ Area, Courtyard, Fenced, Gazebo, Outdoor Fireplace, Porch - Enclosed, Sprinklers - Auto, Storage Shed / Structure
  • Horse Property: Yes
  • Fencing: Horse Fencing
  • Horse Property Description: Fenced, Pasture

Garage/Parking

  • Garage Spaces: 3
  • Garage Parking Features: Attached Garage, Gate / Door Opener, Parking Area

Utilities

  • Cooling System: Central AC, Multi-Zone
  • Heating System: Forced Air, Gas, Heating - 2+ Zones
  • Sewer/Septic System: Existing Septic

Condo/Co-op/Association

  • HOA Fees: 2200
  • HOA Fee Frequency: Annually
  • Association Fees Include: Maintenance - Road
  • H O A Name Text: Community Service - Hayes Valley Road MA
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Bay Window, Built-in Vacuum, High Ceiling, Open Beam Ceiling, Vaulted Ceiling, Wet Bar

Schools

  • High School: 308

Lot Info

  • Parcel Number: 779-43-019
  • Lot Acres: 11.6154
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 505968.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 505968.00

Multi Family

  • Utilities: Propane On Site, Public Utilities, Solar Panels - Owned

MLS Schools

  • High School District Text: Morgan Hill Unified
  • Elementary School Text: Paradise Valley/Machado Elementary
  • High School Text: Live Oak High
  • Middle School Text: Lewis H. Britton Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2022
Closed on
Feb 9, 2023
Sold by
Change Academy At Lake Of The Ozarks Llc
Bought by
Tenet Equity Funding Spe Iii Llc
Seller's Agent
Shante Pappas
Compass
Buyer's Agent
RECIP
Out of Area Office
List Price
$2,875,000
Sold Price
$2,875,000
Views
138
Current Estimated Value
$3,332,028

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$457,028
Avg. Annual Appreciation
5.62%

Purchase Details

Listed on
Nov 29, 2022
Closed on
Feb 7, 2023
Sold by
Cohn Steven Paul
Bought by
Change Academy At Lakes Of The Ozarks Llc
Seller's Agent
Shante Pappas
Compass
Buyer's Agent
RECIP
Out of Area Office
List Price
$2,875,000
Sold Price
$2,875,000
Views
138

Purchase Details

Closed on
Jun 30, 2022
Sold by
Paul Cohn Steven
Bought by
Cohn Steven Paul

Purchase Details

Closed on
Feb 15, 2012
Sold by
Cohn Steven Paul
Bought by
Falcao Cohn Steven Paul and Falcao Cohn Connie Ann

Purchase Details

Closed on
Jul 28, 1997
Sold by
Cohn Steven Paul
Bought by
Cohn Steven Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$672,750
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 3, 1997
Sold by
Sullivan Patrick and Sullivan Yolanda M
Bought by
Cohn Steven Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$672,750
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 7, 1996
Sold by
Patrick Sullivan
Bought by
Sullivan Patrick and Sullivan Yolanda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,000
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 24, 1995
Sold by
Sierra Investment Fam Ltd Part
Bought by
Sullivan Patrick
Source: Public Records

Range of Values:

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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
Tenet Equity Funding Spe Iii Llc $2,875,000 Chicago Title
Change Academy At Lakes Of The Ozarks Llc $2,875,000 Chicago Title
Cohn Steven Paul -- None Listed On Document
Falcao Cohn Steven Paul -- None Available
Cohn Steven Paul -- First American Title Co
Cohn Steven Paul $1,029,000 Old Republic Title Company
Sullivan Patrick -- Old Republic Title Company
Sullivan Patrick $240,000 Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cohn Steven Paul $672,750
Previous Owner Sullivan Patrick $575,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/14/2023 02/14/23 Sold $2,875,000 0.0% $523 / Sq Ft
12/30/2022 12/30/22 Pending -- -- --
12/19/2022 12/19/22 For Sale $2,875,000 0.0% $523 / Sq Ft
12/09/2022 12/09/22 Pending -- -- --
11/29/2022 11/29/22 For Sale $2,875,000 -- $523 / 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 $33,389 $2,991,150 $1,664,640 $1,326,510
2024 $33,389 $2,932,500 $1,632,000 $1,300,500
2023 $13,451 $1,161,551 $587,036 $574,515
2022 $13,147 $1,138,776 $575,526 $563,250
2021 $12,817 $1,116,448 $564,242 $552,206
2020 $12,507 $1,105,001 $558,457 $546,544
2019 $12,860 $1,083,335 $547,507 $535,828
2018 $13,012 $1,062,094 $536,772 $525,322
2017 $12,860 $1,041,270 $526,248 $515,022
2016 $11,992 $1,020,854 $515,930 $504,924
2015 $11,863 $1,005,521 $508,181 $497,340
2014 $12,044 $985,825 $498,227 $487,598
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81913718

MLSListings

APN: 779-43-019