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Sale Pending

1158 Teresa Ln, Morgan Hill, CA, 95037

$2,499,808

Home List Price

$10,000*

Closing Credit

5 Bedrooms
5 Full Baths
4,972 SqFt
$503/SqFt
House
Schools Nearby

Location

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1158 Teresa Ln, Morgan Hill$2,499,808

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Attached Garage3 spaces
Year Built1998
CoolingCentral Air
MLS #ML81949537
Lot Size2.31 Acres
StatusSale Pending
(Pending)

About 1158 Teresa Ln

Welcome to 1158 Teresa Lane, a distinguished and grand residence nestled in the highly sought-after city of Morgan Hill, CA. Built on a hillside lot, this multi-level custom home offers gorgeous mountain and city views from every room. The home boasts 5 bedrooms and 5 bathrooms within its expansive 4,972 square feet of living space. The lot is over 100,624 square feet with dozens of heritage oak trees, a seasonal creek, and frequent deer sightings. Upon entering, you are greeted by a sense of opulence and refinement, with a seamless flow guiding you through the stately interior. Thoroughly upgraded in the past 3 years, the home is adorned with luxurious amenities including three-zone central air, fireplaces, heated toilets, motorized darkening blinds, dumb waiter, home automation, theater, gym, dedicated drinking water line, boiling water dispenser, multiple dishwashers, and more. The expansive grounds offer an oasis for relaxation and entertainment with endless possibilities. Only 20 minutes from downtown San Jose, this home provides a unique opportunity to embrace a lifestyle of luxury and convenience. Don't miss the chance to make this exceptional residence your own!

Property Details

Property Features

Property Information:

  • Year Built: 1998
  • Stories: 2
  • Living Area: 4,972 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (408) 721-6775
  • Listing Agent: David Zaria

Interior Features

Interior Information:

  • Appliances: Double Oven, Dishwasher, Gas Cooktop, Disposal, Microwave, Refrigerator, Trash Compactor, Vented Exhaust Fan, Warming Drawer

Bedroom and Bathroom Information:

  • Full Bathrooms: 5
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot Size: 2.31 Acres

Utilities

Utilities Information:

  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Ann Sobrato High School, Public District Grades 9-12
  • Martin Murphy Middle School, Public District Grades 7-8
  • P. A. Walsh Elementary School, Public District Grades KG-6

Other

Directions Information:

  • Directions: Cross Street: Teresa Ln

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,499,808
  • Price Per SqFt: $503/SqFt

Tax Information:

  • Annual Amount: $24,651
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Morgan Hill, CA.

Med. Sold Price

$1.3M

Med. Price/SqFt

$609

Avg. Days On Market

24

# of Sold Homes

32

1158 Teresa Ln vs Morgan Hill

50 DAYS ON ROCKET

+26 Days

$2,499,808

+$1.1M More

$503/SqFt

-$106 Less

KEY TAKEAWAY

This property is $1.1M more than the Median Sold Price and $106/SqFt less than other homes in Morgan Hill, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #ML81949537

Listing Office:

  • Office Name: Compass
  • Office Phone: (408) 721-6775
  • Listing Agent: David Zaria

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 11:25:22 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 04, 2021Home Sold
$1,950,000
Nov 02, 2005Home Sold
$1,750,000
Dec 04, 1998Home Sold
$875,000
May 17, 1996Home Sold
$200,000

Tax History

YEARPROP. TAXASSESSMENT
2021$24,651$2,209,389
2020$24,650$2,186,735
2019$25,441$2,143,859
2018$25,442$2,101,823
2017$25,205$2,060,612

History based on county public records data.

Payment Calculator

$12.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,561

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1179831
4
/10
  • P. A. Walsh Elementary School

  • 353 W Main Ave

  • 1.09 miles

  • Public District Grades KG-6

Middle School

school-card-donut-1179832
5
/10
  • Martin Murphy Middle School

  • 141 Avenida Espana

  • 8.21 miles

  • Public District Grades 7-8

High School

school-card-donut-1179833
8
/10
  • Ann Sobrato High School

  • 401 Burnett Ave

  • 2.18 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $158,712. Residents of Morgan Hill, CA typically earn $200k+ each year. The most common type of family is married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1158 Teresa Ln

What is the listing price of this property?

The listing price of 1158 Teresa Ln property is $2,499,808.

What type of property is this?

The property 1158 Teresa Ln is a house located in Morgan Hill, California, 95037.

Is this property for sale now?

Sale Pending: 1158 Teresa Ln is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 1158 Teresa Ln are:
P. A. Walsh Elementary School: GreatSchools Rating 4/10
Martin Murphy Middle School: GreatSchools Rating 5/10
Ann Sobrato High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $24,651 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on January 4, 2021 for $1,950,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1158 Teresa Ln has 5 bedrooms and 5 bathrooms.

What is the square footage of this property?

The property 1158 Teresa Ln is 4,972 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1158 Teresa Ln is 1998.

Rocket HomesCaliforniaSanta Clara CountyMorgan Hill950371158 Teresa Ln

This home is located at 1158 Teresa Ln in Morgan Hill, CA and zip code 95037 in the El Toro neighborhood. This 4,972 square foot home, which was built in 1998, sits on a 2.31 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since March 07, 2024 and is currently priced at $2,499,808.

Morgan Hill, CA housing market in March 2024 saw over 15 listings sold above listed price, more than 4 sold at listed price and over 10 sold below. The number of listings in Morgan Hill, CA increased by 21.4% between February 2024 and March 2024. The median list price of listings available in March 2024 was $1,300,000, while the average time on the real estate market was 24 days.

From Rocket Homes Real Estate and based on county public records data.

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