Seller's Agent in 2025
Randy Price
Randy Price, Broker
(408) 499-1850
1 in this area
2 Total Sales
940 Llagas Rd Morgan Hill, CA 95037
3
Beds
2
Baths
1,600
Sq Ft
43,599
Sq Ft Lot
Highlights
- 1 Acre Lot
- Main Floor Primary Bedroom
- Bathroom on Main Level
- Ann Sobrato High School Rated A
- 2 Car Detached Garage
- Laundry in Utility Room
About This Home
As of October 2025Unique investment or dream-home opportunity nestled in the highly sought-after Llagas Valley of Morgan Hill, California. Set among multimillion-dollar luxury estates, this flat and usable one-acre property offers endless potential for those seeking a private retreat, custom build, or value-add renovation project. 1- acre flat lot in prestigious Llagas Valley Surrounded by $2M$3M + estate homes Approx. 1,600 sq ft main home, 2,500+ sq ft of garages, outbuildings, and shop space ideal for contractors, car enthusiasts, or home-based businesses. Ample room for ADU, pool, vineyards, equestrian setup, or luxury rebuild, Quiet, rural setting just minutes from Downtown Morgan Hill, Highway 101, and top-rated schools. Building features deferred maintenance and property is to be sold "as is".
Last Agent to Sell the Property
Randy Price, Broker License #01061110 Listed on: 05/27/2025
Home Details
Home Type
- Single Family
Year Built
- Built in 1920
Lot Details
- 1 Acre Lot
- Zoning described as A1-25
Parking
- 2 Car Detached Garage
- 1 Carport Space
Home Design
- Composition Roof
Interior Spaces
- 1,600 Sq Ft Home
- 2-Story Property
- Dining Area
- Crawl Space
- Oven or Range
- Laundry in Utility Room
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
- Bathroom on Main Level
- 2 Full Bathrooms
Utilities
- Forced Air Heating System
- Floor Furnace
- Wall Furnace
- Separate Meters
- Septic Tank
Listing and Financial Details
- Assessor Parcel Number 764-31-003
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 27, 2025
Closed on
Sep 22, 2025
Sold by
Price Robin Lynn and Madson Family Declaration Of Trust
Bought by
Danz Family Trust and Danz
Seller's Agent
Randy Price
Randy Price, Broker
Buyer's Agent
Donny Suh
Turbohome Brokerage Inc.
List Price
$1,374,950
Sold Price
$1,165,000
Premium/Discount to List
-$209,950
-15.27%
Views
66
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,105
Avg. Annual Appreciation
2.84%
Original Mortgage
$625,000
Outstanding Balance
$625,000
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$555,105
Purchase Details
Closed on
Sep 15, 2022
Sold by
Richard And Delilah Madson 2007 Trust
Bought by
Madson Family Declaration Of Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,456,200
Interest Rate
6.12%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Purchase Details
Closed on
Oct 19, 2007
Sold by
Madson Richard and Madson Delilah
Bought by
Madson Richard and Madson Delilah
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,165,000 | Old Republic Title | |
| Grant Deed | -- | Placer Title | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $625,000 | New Conventional | |
| Previous Owner | $1,456,200 | Reverse Mortgage Home Equity Conversion Mortgage |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/09/2025 10/09/25 | Sold | $1,165,000 | -10.3% | $728 / Sq Ft |
| 08/25/2025 08/25/25 | Pending | -- | -- | -- |
| 07/25/2025 07/25/25 | Price Changed | $1,299,000 | -5.5% | $812 / Sq Ft |
| 07/21/2025 07/21/25 | For Sale | $1,374,950 | 0.0% | $859 / Sq Ft |
| 07/11/2025 07/11/25 | Pending | -- | -- | -- |
| 06/27/2025 06/27/25 | Price Changed | $1,374,950 | -3.5% | $859 / Sq Ft |
| 06/17/2025 06/17/25 | Price Changed | $1,425,000 | -3.4% | $891 / Sq Ft |
| 06/16/2025 06/16/25 | Price Changed | $1,475,000 | -1.7% | $922 / Sq Ft |
| 05/27/2025 05/27/25 | For Sale | $1,500,000 | -- | $938 / Sq Ft |
Source: MLSListings
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 | $910 | $73,167 | $38,780 | $34,387 |
| 2024 | $910 | $71,733 | $38,020 | $33,713 |
| 2023 | $897 | $70,327 | $37,275 | $33,052 |
| 2022 | $879 | $68,949 | $36,545 | $32,404 |
| 2021 | $856 | $67,598 | $35,829 | $31,769 |
| 2020 | $836 | $66,906 | $35,462 | $31,444 |
| 2019 | $854 | $65,595 | $34,767 | $30,828 |
| 2018 | $852 | $64,310 | $34,086 | $30,224 |
| 2017 | $842 | $63,050 | $33,418 | $29,632 |
| 2016 | $784 | $61,814 | $32,763 | $29,051 |
| 2015 | $774 | $60,886 | $32,271 | $28,615 |
| 2014 | $758 | $59,694 | $31,639 | $28,055 |
Source: Public Records
Agents Affiliated with this Home
-
Randy Price
-
Donny Suh
Buyer's Agent in 2025
Donny Suh
Turbohome Brokerage Inc.
(844) 413-8326
2 in this area
85 Total Sales
Map
Source: MLSListings
MLS Number: ML82008485
APN: 764-31-003
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