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741 Lilly Lane

741 Lilly Lane, Morgan Hill, CA 95037
House in Santa Clara
Sold Jan 13, 2022
$630,000
Buyer
Seller
$250,000 by Meriwest Credit Union
Mortgage Due Nov 29, 2047
Sold Mar 09, 2020
$485,000
$285,000 by Usaa Fsb
Mortgage Due Apr 01, 2050
Local assessors in Morgan Hill, CA have categorized 741 Lilly Lane as a residential type of property. The home was built in 1990 and is 34 years old. The property's lot size has been calculated to be 2,240 square feet. The linear feet between the front and back of the lot was measured at 700 ft and the front of the lot was measured at 320 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 4 rooms in the home. Of these, 2 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 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 741 Lilly Lane has a total of 824 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 211 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has both a unknown and a unknown 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 average. 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 - C. The home's a heating system is the primary heating source. The property was last sold in Dec 16, 2021 for $630,000. That's $764.56 per sqft. Prior to that sales transaction, the property was also sold in Feb 28, 2020 for $485,000. 741 Lilly Lane was last assessed in 2023. The total value of the property was assessed at $641,580. Specifically, the land the property is located on was valued at $352,818. While improvements on the property were assessed at a total of $288,762. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $5,785. The initial tax year of delinquency was in 2021. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Parking

Attached Garage
Guest Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 211
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 2,240
  • Lot Size Depth Feet: 700
  • Lot Size Frontage Feet: 320
  • Total Building Area: 824
  • Gross Building Area: 824
  • Building Area: 824
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 824
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 7524 COTTAGE GREEN
  • Land Acres: 0.051
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT 7524 LOT 83

Ownership

  • Current Owner : GILL SURJIT
  • Previous Owner : BORREY
  • Previous Owner 2: GLEN
  • Owner Before Previous Owner: ELIZAN FE M
  • Ownership Rights Codes: Life Tenant
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Morgan Hill Unified School District
  • Census Tract: 512310

Zoning

  • Zoning: R1PD

Geography

  • Subdivision Tract Number: 7524
  • Parcel: 817-69-083
  • Lot: 83
  • Municipality: MORGAN HILL
  • Latitude: 37.1276
  • Longitude: -121.636

    Address

  • Full Address: 741 Lilly Ln
  • Address - House Number: 741
  • Address - Street Name: Lilly
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Morgan Hill
  • Carrier Code: C014
  • 4-Digit Zip Code: 5268
  • Zip Code: 95037

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,785
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 04-002

    Appraisal Valuation

  • Standard Deviation: 0.1712
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 78
  • Final Value: 681,407
  • High Value: 798,069
  • Low Value: 564,745

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $250,000
  • First Open Lien Mortgage Lender: MERIWEST CREDIT UNION
  • First Open Lien Mortgage Recording Date: Dec 05, 2022
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $250,000
  • First Open Lien Mortgage Term: 298
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Nov 29, 2047

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $641,580
  • Assessed Land Value: $352,818
  • Assessed Improvements Value: $288,762

    Sales

  • Current Sale Contract Date: Dec 16, 2021
  • Current Sale Recording Date: Jan 13, 2022
  • Current Sale Transaction ID: 11877379376
  • Current Sale Price: $630,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 25218791
  • Previous Sale Recording Date: Mar 09, 2020
  • Previous Sale Contract Date: Feb 28, 2020
  • Previous Sale Amount: $485,000
  • Previous Sale Document Type: Grant Deed

    Previous Mortgages

  • Previous Mortgage Lender: USAA FSB
  • Previous Mortgage Transaction Date: Mar 09, 2020
  • Previous Mortgage Loan Amount: $285,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2050

About Morgan Hill



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 741 Lilly Lane located in?
The 741 Lilly Lane is a house located in the neighborhood of Santa Clara in Morgan Hill, Morgan Hill.
What is the average sales price for listings in 741 Lilly Lane?
The average sales price for units in 741 Lilly Lane is $0 currently.

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