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250 Basil Avenue

250 Basil Avenue, Morgan Hill, CA 95037
Property in Santa Clara
Sold Mar 11, 2021
$1,675,000
$1,340,000 by Pnc Bank Na
Mortgage Due Apr 01, 2051
Sold May 31, 2018
$1,380,000
$350,000 by First Republic Bank
Mortgage Due Jun 01, 2048
Local assessors in Morgan Hill, CA have categorized 250 Basil Avenue as a residential type of property. The home was built in 2011 and is 13 years old. The property's lot size has been calculated to be 10,437 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a custom style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 9 rooms in the home. Of these, 5 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 4 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 250 Basil Avenue has a total of 3,412 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 666 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a porch and a patio so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 250 Basil Avenue sold most recently in Mar 8, 2021 for a total of $1,675,000. If you work out the math, that's approximately a cost of $490.91 per sqft. Before that, the property was also sold for $1,380,000 in May 21, 2018. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $19,702 in taxes each year. 250 Basil Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,742,669. If we break it down further, the land itself was valued at $1,306,950. Improvements to the property, however, were assessed at a total of $435,719. The property's total assessed value has been marked as more than the total market value which is pretty atypical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2011
  • Effective Year Built: 2011
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Good
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Custom
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 666
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 10,437
  • Total Building Area: 3,412
  • Gross Building Area: 1,742
  • Building Area: 3,412
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 3,412
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PARKSIDE AT CAPRIANO PH 09 & 1
  • Land Acres: 0.24
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT 9942 PARKSIDE AT CAPRIANO PHASES 9 & 10 BOOK 823 PAGE 4 PAGE 6 LOT 10-2

Ownership

  • Current Owner : HANSEN MARK D
  • Current Owner 2: HANSEN JENNIFER K
  • Previous Owner : ROSENDIN RYAN M
  • Previous Owner 2: ROSENDIN HEATHER C
  • Owner Before Previous Owner: JIMENEZ MIGUEL
  • Owner Before Previous Owner 2: JIMENEZ MRIA V
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Morgan Hill Unified School District
  • Census Tract: 512305

Zoning

  • Zoning: R1

Geography

  • Subdivision Tract Number: 9942
  • Parcel: 764-60-070
  • Lot: 10-2
  • Municipality: MORGAN HILL
  • Latitude: 37.1508
  • Longitude: -121.678

    Address

  • Full Address: 250 Basil Ave
  • Address - House Number: 250
  • Address - Street Name: Basil
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Morgan Hill
  • Carrier Code: C001
  • 4-Digit Zip Code: 2527
  • Zip Code: 95037

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $19,702
  • Tax Rate Code Area: 04-006

    Appraisal Valuation

  • Standard Deviation: 0.1954
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 73
  • Final Value: 1,801,803
  • High Value: 2,154,053
  • Low Value: 1,449,553

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,340,000
  • First Open Lien Mortgage Lender: PNC BANK NA
  • First Open Lien Mortgage Recording Date: Mar 11, 2021
  • First Open Lien Mortgage Loan Amount: $1,340,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,742,669
  • Assessed Land Value: $1,306,950
  • Assessed Improvements Value: $435,719

    Sales

  • Current Sale Contract Date: Mar 08, 2021
  • Current Sale Recording Date: Mar 11, 2021
  • Current Sale Transaction ID: 11824053041
  • Current Sale Price: $1,675,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 24868739
  • Previous Sale Recording Date: May 31, 2018
  • Previous Sale Contract Date: May 21, 2018
  • Previous Sale Amount: $1,380,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: PNC BANK NA
  • First Mortgage Transaction Date: Mar 11, 2021
  • First Mortgage Loan Amount: $1,340,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: FIRST REPUBLIC BANK
  • Previous Mortgage Transaction Date: May 31, 2018
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $350,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Jun 01, 2048

About Morgan Hill



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Frequently Asked Questions

What neighborhood is 250 Basil Avenue located in?
The 250 Basil Avenue is a located in the neighborhood of Santa Clara in Morgan Hill, Morgan Hill.
What is the average sales price for listings in 250 Basil Avenue?
The average sales price for units in 250 Basil Avenue is $0 currently.

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