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Sold for $950,000
  • $950,000

    55 Wright Ave, Morgan Hill, CA 95037

    6beds
    3baths
    2,232sqft
    Triplex, Residential Income
    Built in 1949
    -- sqft lot
    $1,151,200 Zestimate®
    $426/sqft
    $3,033 Estimated rent

    Home value

    $1,151,200

    $1.05M - $1.27M

    $3,033/mo

    Zestimate® history
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    $3,033/mo

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    $6,060/mo

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    $6,060/mo

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    What's special

    Three freestanding units on one large parcel with residential medium attached (RAM), which allows 16-24 units per acre. The adjacent property, 65 Wright Avenue, is also for sale for $950,000. The combined lot size is 22,680 according to Reallist.

    Zillow last checked:

    Listing updated:

    Listed by:

    Hap Albers 01006595 831-372-1922,

    Albers Real Estate Investment Company 831-372-1922

    Bought with:

    Bartow VanVoorhis, 00640987

    RE/MAX Realty Partners

    Source: MLSListings Inc,MLS#: ML81946539MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 3
    Kitchen
    • Features: Countertop_Formica
    Heating
    • Gas, Wall Furnace
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Included: Electric Oven/Range, Refrigerator
    • Laundry: Hookups Only
    Features
    • Flooring: Carpet, Tile, Vinyl Linoleum
    • Doors: None
    Interior area
    • Total structure area: 2,232
    • Total interior livable area: 2,232 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: No Garage, Off Street, On Street, Parking Area
    • Has carport: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Stories: 1
    Lot
    • Size: 0.29 Acres
    Details
    • Parcel number: 76412014
    • Zoning: R3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex, Residential Income
    Materials
    • Foundation: Concrete Perimeter, Slab, Concrete Perimeter and Slab
    • Roof: Composition
    Condition
    • Year built: 1949

    Utilities & green energy

    • Gas: IndividualGasMeters
    • Utilities for property: Individual Electric Meters, Individual Gas Meters

    Community & HOA

    Location
    • Region: Morgan Hill

    Financial & listing details

    • Price per square foot: $426/sqft
    • Tax assessed value: $969,000
    • Annual tax amount: $12,159
    • Date on market: 10/30/2023
    • Listing agreement: ExclusiveRightToSell
    • Listing terms: CashorConventionalLoan
    • Inclusions: Building, Land
    • Lease term: Month To Month

    Price history

    DateEventPrice
    1/31/2024Sold$950,000-9.5%$426/sqft
    Source: MLSListings Inc #ML81946539 Report a problem
    12/23/2023Contingent$1,050,000$470/sqft
    Source: MLSListings Inc #ML81946539 Report a problem
    10/30/2023Listed for sale$1,050,000$470/sqft
    Source: MLSListings Inc #ML81946539 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$11,124 +774%$969,000 +897.8%
    2024$1,273 +1.3%$97,110 +2%
    2023$1,257 +1.8%$95,207 +2%
    2022$1,235 +2.5%$93,341 +2%
    2021$1,204 +2.3%$91,512 +1%
    2020$1,177 $90,575 +2%
    2019$1,177 -2.5%$88,800 +2%
    2018$1,208 $87,060 +2%
    2017$1,208 +1%$85,354 +2%
    2016$1,196 +8.3%$83,681 +1.5%
    2015$1,104 +0.8%$82,425 +2%
    2014$1,096 $80,811 +2.5%
    2012-- $78,871 +2%
    2011-- $77,326 +0.8%
    2010-- $76,749 -0.2%
    2009-- $76,932 +2%
    2008-- $75,424 +2%
    2007-- $73,946 +2%
    2006-- $72,497 +2%
    2005-- $71,076 +2%
    2004-- $69,684 +1.9%
    2003-- $68,407 +2%
    2002-- $67,067 +2%
    2001-- $65,753
    Find assessor info on the county website

    Neighborhood: 95037

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: PAWalshElementary
    • Middle: LewisHBrittonMiddle
    • High: AnnSobratoHigh
    • District: MorganHillUnified

    Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $1,151,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,151,200