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10040 Palm Ct, Morgan Hill, CA, 95037

$2,500,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
2 Full Baths, 1 Partial
2,306 SqFt
$1,084/SqFt
House

Location

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10040 Palm Ct, Morgan Hill$2,500,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Attached Garage3 spaces
Year Built1977
HeatingCentral
CoolingCentral Air
FireplaceFamily Room, Wood Burning
ViewHills, Pasture
MLS #ML81987733
Lot Size3.02 Acres
StatusActive

About 10040 Palm Ct

Nestled within the serene Coyote Valley of northern Morgan Hill, this unique flat 3 acre parcel offers country living in close proximity to Silicon Valley with lovely views of the surrounding hills and pastures. The 2,306 SF main home boasts a remodeled kitchen and bathrooms with 5 bedrooms and a 3-car garage. In addition, there is a 1,000 SF secondary home built 15 years ago with a detached 865 SF finished garage. This property also features new landscaping, avocado, peach & apricot trees, fenced pasture, poultry coop, dog kennel, well pump house and covered patio with plenty of room for parking, and potential for pool and/or tennis court.

Property Details

Property Features

Property Information:

  • Year Built: 1977
  • Stories: 2
  • Living Area: 2,306 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (408) 779-5000
  • Listing Agent: Karen Martin

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Oven, Gas Cooktop, Microwave, Refrigerator, Trash Compactor
  • Flooring Type: Carpet, Laminate
  • Fireplace: Family Room, Wood Burning

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • View: Hills, Pasture

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot Size: 3.02 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Southbound on 101 from San Jose, take the Bailey Avenue exit heading west. Turn left on Santa Teresa Blvd. Go right on Palm Ave and left on Palm Court. Cross Street: Palm Avenue and Santa Teresa Blvd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,500,000
  • Price Per SqFt: $1,084/SqFt

Tax Information:

  • Annual Amount: $16,731
  • 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

$628

Avg. Days On Market

27

# of Sold Homes

42

10040 Palm Ct vs Morgan Hill

1 DAY ON ROCKET

-26 Days

$2,500,000

+$1.1M More

$1,084/SqFt

+$455 More

KEY TAKEAWAY

This property is $1.1M more than the Median Sold Price and $455/SqFt more 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: #ML81987733

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (408) 779-5000
  • Listing Agent: Karen Martin

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: 12/4/2024, 4:20:50 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

May 27, 2005Home Sold
$1,425,000

Tax History

YEARPROP. TAXASSESSMENT
2021$16,731$1,499,419
2020$16,730$1,484,045
2019$17,262$1,454,947
2018$17,262$1,426,420
2017$17,100$1,398,452

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

$7,562

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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.

Nearby Schools

school-card-donut-3823893
4
/10
  • P. A. Walsh STEAM Academy

  • 353 W Main Ave

  • 4.32 miles

  • Public District Grades KG-5

school-card-donut-3823894
5
/10
  • El Toro Health Science Academy

  • 455 E Main Ave

  • 4.45 miles

  • Public District Grades KG-5

school-card-donut-3823895
6
/10
  • Los Paseos Elementary School

  • 121 Avenida Grande

  • 4.82 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $102,016. Typical income of Morgan Hill, CA residents is between $100k-200k annually. Most families are married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 10040 Palm Ct

What is the listing price of this property?

The listing price of 10040 Palm Ct property is $2,500,000.

What type of property is this?

The property 10040 Palm Ct is a house located in Morgan Hill, California, 95037.

Is this property for sale now?

Active Listing: 10040 Palm Ct is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $16,731 (source: MLS/based on county public records data).

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

The last sale was on May 27, 2005 for $1,425,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 10040 Palm Ct has 5 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 10040 Palm Ct is 2,306 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 10040 Palm Ct is 1977.

Rocket HomesCaliforniaSanta Clara CountyMorgan Hill9503710040 Palm Ct

This home is located at 10040 Palm Ct in Morgan Hill, CA and zip code 95037 in the Coyote neighborhood. This 2,306 square foot home, which was built in 1977, sits on a 3.02 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since December 03, 2024 and is currently priced at $2,500,000.

In November 2024, from all listings sold in Morgan Hill, CA there were more than 19 sold above asking price, over 17 sold below and more than 2 were sold right at the asked price. The number of listings in Morgan Hill, CA decreased by 9.7% between October 2024 and November 2024. Listings spent 27 days on the market in November 2024, and had a median list price of $1,347,750 during the same period.

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

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