NOT LISTED FOR SALE

1030 Masten Ave Gilroy, CA 95020

Estimated Value: $1,622,000 - $1,746,302

17 Acres
$100,050 Price per Acre
733,250 Sq Ft Lot

Last Sold September 16, 2022

Last sale price $1,680,000

Current estimated payment $10,687/month

7 Days on Market

Highlights

  • 16.83 Acre Lot
  • View of Hills
  • Agricultural
  • Christopher High School Rated A-

About This Lot

As of September 2022

Lots of Land! 16 acres of farm land in Gilroy, with endless possibilities. Just 1/4 mile from Hwy 101 for quick commute access. How about an equestrian facility or a vineyard with a winery and tasting room, or both? A nursery? Construction yard or service business? You will find two vintage homes that are tenant occupied. An old Barn and garage/storage building. All structures in need of repairs and maintenance. Crop land leased by local farmer. Drive 45 minutes to the South for dinner on the wharf in Monterey. Go West on Hwy 152 and in 25 minutes you are enjoying the beaches of Santa Cruz County. You will also want to make sure you take advantage of the shopping at the Gilroy Outlets. Let your imagination be your guide!

Last Agent to Sell the Property

Rick Patereau

Intero Real Estate Services License #01354301 Listed on: 07/30/2022

Intero Real Estate Services

Last Buyer's Agent

Ricardo Arteaga

Intero Real Estate Services License #01903391

Intero Real Estate Services

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $21,004

Lot Details

  • 16.83 Acre Lot
  • Back Yard Fenced
  • Irrigation
  • Mostly Level

Farming

  • Agricultural
  • Farm Animals Allowed

Utilities

  • Gas Available
  • Well
  • Septic Tank

Additional Features

  • Views of Hills
  • Horses Potentially Allowed on Property

Property Details

Property Type

Land

Est. Annual Taxes

$21,004

Lot Details

0

Listing Details

  • Zoning: A-20A
  • Subclass: Agriculture/Ranch Land
  • Listing Class: Residential Lots & Land
  • Present Use: Agricultural/Residential
  • Development Status: Farm Land, Possible Lot Split
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Hills
  • Horse Property: Possible
  • Fencing: Fenced Back, Partial Fencing

Utilities

  • Sewer/Septic System: Existing Septic

Schools

  • School District: Gilroy Unified

Lot Info

  • Lot Description: Agricultural Use, Farm Animals (Permitted), Grade - Mostly Level
  • Lot Acres: 16.8331
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 733248.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 733248.00
  • Existing Crops Vegetation: Corn
  • Parcel Access: County Maintained Road

Multi Family

  • Utilities: Electricity - On Site, Gas - On Site

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2022
Closed on
Aug 17, 2022
Sold by
Paul R And Joann M Kessler Trust
Bought by
Ly Vivian Lynn
Seller's Agent
Rick Patereau
Intero Real Estate Services
Buyer's Agent
Ricardo Arteaga
Intero Real Estate Services
List Price
$1,595,000
Sold Price
$1,680,000
Premium/Discount to List
$85,000
5.33%
Current Estimated Value
$1,684,151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,151
Avg. Annual Appreciation
-0.56%

Purchase Details

Closed on
Jul 22, 2014
Sold by
Kessler Joann M
Bought by
Santa Clara Valley Watefa District

Purchase Details

Closed on
Sep 3, 1999
Sold by
Zanini Alice C and Zanini Donald A
Bought by
Kessler Paul R and Kessler Joann M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
7.89%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ly Vivian Lynn $1,680,000 Orange Coast Title
Santa Clara Valley Watefa District -- Old Republic Title Company
Kessler Paul R $625,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kessler Paul R $375,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2022 09/16/22 Sold $1,680,000 +5.3% --
08/06/2022 08/06/22 Pending -- -- --
07/30/2022 07/30/22 For Sale $1,595,000 -- --
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $21,004 $1,713,600 $1,632,000 $81,600
2023 $20,853 $1,680,000 $1,600,000 $80,000
2022 $10,907 $867,601 $606,913 $260,688
2021 $10,856 $850,590 $595,013 $255,577
2020 $10,725 $841,869 $588,912 $252,957
2019 $10,620 $825,363 $577,365 $247,998
2018 $9,807 $809,181 $566,045 $243,136
2017 $10,016 $793,316 $554,947 $238,369
2016 $9,724 $770,718 $537,022 $233,696
2015 $9,075 $752,480 $522,294 $230,186
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81902104

MLSListings

APN: 830-19-007