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85 Sterling Lane

85 Sterling Lane, Morgan Hill, CA 95037
Townhouse in Santa Clara
Sold Feb 23, 2021
$837,000
$788,500 by Keller Mortgage Llc
Mortgage Due Mar 01, 2051
Sold Apr 02, 2019
$757,682
$645,342 by Synergy One Lending
Mortgage Due Apr 01, 2049
85 Sterling Lane in Morgan Hill, CA was first built in 2017 and is 7 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a custom style. There are a total of 3 floors. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 85 Sterling Lane has 1,402 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 660 square feet.

Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. For those who need parking, there is a garage. The garage is 603 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as good. As for heating, the home is utilizing a forced air unit. 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, 85 Sterling Lane sold most recently in Feb 19, 2021 for a total of $837,000. If you work out the math, that's approximately a cost of $597.00 per sqft. Before that, the property was also sold for $757,682 in Mar 11, 2019. 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 $9,783 in taxes each year. The initial year of tax delinquency occurred in 2019. 85 Sterling Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $853,485. If we break it down further, the land itself was valued at $426,666. Improvements to the property, however, were assessed at a total of $426,819. The property's total assessed value has been marked as more than the total market value which is pretty atypical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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.

Building Features

Parking

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

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Custom
  • Floor Count: 3
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 603
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 660
  • Total Building Area: 1,402
  • Building Area: 1,402
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,402
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 10346 DEPOT STATION PH I
  • Land Acres: 0.015
  • Standard Land Use Code: Condominium unit (residential)

Ownership

  • Current Owner : RAHMAN SHAHRUKH
  • Current Owner 2: HERNANDEZ DAVID
  • Previous Owner : SUBRAMANYA NARESH GUPTA KAKUBAL
  • Owner Before Previous Owner: CITY VENTURES HOMEBUILDING LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Morgan Hill Unified School District
  • Census Tract: 512312

Zoning

  • Zoning: R1

Geography

  • Subdivision Tract Number: 10346
  • Parcel: 726-54-025
  • Municipality: MORGAN HILL
  • Latitude: 37.1291
  • Longitude: -121.651

    Address

  • Full Address: 85 Sterling Ln
  • Address - House Number: 85
  • Address - Street Name: Sterling
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Morgan Hill
  • Carrier Code: C004
  • 4-Digit Zip Code: 7554
  • Zip Code: 95037

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,783
  • Intital Tax Deliquent Year: 2019
  • Tax Rate Code Area: 04-001

    Appraisal Valuation

  • Standard Deviation: 0.1981
  • Valuation Date: May 17, 2023
  • Confidence Score: 73
  • Final Value: 922,746
  • High Value: 1,105,572
  • Low Value: 739,919

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $788,500
  • First Open Lien Mortgage Lender: KELLER MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Feb 23, 2021
  • First Open Lien Mortgage Loan Amount: $788,500
  • 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: Mar 01, 2051

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $853,485
  • Assessed Land Value: $426,666
  • Assessed Improvements Value: $426,819

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 19, 2021
  • Current Sale Recording Date: Feb 23, 2021
  • Current Sale Transaction ID: 11820430486
  • Current Sale Price: $837,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 24843164
  • Previous Sale Recording Date: Apr 02, 2019
  • Previous Sale Contract Date: Mar 11, 2019
  • Previous Sale Amount: $757,682
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: KELLER MORTGAGE LLC
  • First Mortgage Transaction Date: Feb 23, 2021
  • First Mortgage Loan Amount: $788,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: SYNERGY ONE LENDING
  • Previous Mortgage Transaction Date: Apr 02, 2019
  • Previous Mortgage Loan Amount: $645,342
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2049

About Morgan Hill



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Frequently Asked Questions

What neighborhood is 85 Sterling Lane located in?
The 85 Sterling Lane is a townhouse located in the neighborhood of Santa Clara in Morgan Hill, Morgan Hill.
What is the average sales price for listings in 85 Sterling Lane?
The average sales price for units in 85 Sterling Lane is $0 currently.

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