NOT LISTED FOR SALE

1040 Clark Way Gilroy, CA 95020

Estimated Value: $1,095,000 - $1,286,000

4 Beds
2.5 Baths
2,150 Sq Ft
$549/Sq Ft Est. Value

Last Sold April 21, 2022

Last sale price $1,300,000 $605 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $7,663/month

6 Days on Market

Highlights

  • Private Pool
  • Primary Bedroom Suite
  • Contemporary Architecture
  • Solar Power System
  • View of Hills
  • Vaulted Ceiling

About This Home

As of April 2022

Stunning Gilroy home in a desirable neighborhood with an open floor plan, vaulted ceilings, wood laminate flooring, crown molding, and newly remodeled kitchen. The kitchen is gorgeous with granite counters, custom white cabinets, and stainless-steel appliances. The primary suite has two closets, stylish shiplap walls, double sink vanity, high ceilings, and barn doors. The backyard is paradise with a luxurious pool and spa, covered patio with ceiling fans, BBQ island, outdoor TV, workshop with power, and outdoor speakers. The pool was recently updated with smart equipment and solar that can be controlled with your phone. The spacious side yard has a 34+ foot fully enclosed RV/boat storage with RV electrical hook up. Additional amenities: house solar, new A/C, furnace, and Nest thermostat, storage under stairs, pool safety fence, closet organizers in bedrooms, and new front door with smarts. This home has it all!

Last Agent to Sell the Property

Matt Cossell

KW Bay Area Estates License #01382971 Listed on: 03/16/2022

KW Bay Area Estates

Last Buyer's Agent

Victoria Attanasio

Amare Real Estate Services License #01465784

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,601

Year Built

  • 1980

Lot Details

  • 7,553 Sq Ft Lot
  • Back Yard Fenced

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Property Views

  • Hills
  • Neighborhood

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,150 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Double Pane Windows
  • Separate Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Laundry in Garage

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Remodeled Bathroom
  • Dual Sinks
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Eco-Friendly Details

  • Solar Power System
  • Solar owned by a third party

Pool

  • Private Pool
  • Solar Heated Pool

Outdoor Features

  • Balcony
  • Barbecue Area

Utilities

  • Forced Air Heating and Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,601

Year Built

1980

Lot Details

0

Parking

2

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Style: Contemporary
  • Age: 42
  • Listing Class: Residential
  • Structure Sq Ft: 2150
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1980

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room, Wood Burning
  • Dining Room: Breakfast Bar, Formal Dining Room
  • Kitchen: Cooktop - Electric, Countertop - Granite, Dishwasher, Garbage Disposal, Microwave, Oven Range - Electric, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 2150
  • Stories: 2
  • Bedrooms: Primary Suite / Retreat
  • Laundry: In Garage
  • Flooring: Carpet, Laminate, Tile
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Primary - Stall Shower(s), Shower Over Tub - 1, Tile, Updated Bath

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Pool Description: Yes
  • Roof: Composition
  • View: Hills, Neighborhood
  • Yard/Grounds: Back Yard, Balcony / Patio, Bbq Area, Fenced
  • Fencing: Fenced Back, Wood
  • Pool: Pool - Fenced, Pool - Heated, Pool - In Ground, Pool - Solar, Pool / Spa Combo, Spa - Fenced, Spa - In Ground, Spa - Solar
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Gate / Door Opener

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Vaulted Ceiling

Schools

  • School District: Gilroy Unified
  • Elementary School: El Roble Elementary
  • Middle School: Brownell Middle
  • High School: Gilroy High
  • High School: 277
  • Elementary School: 270
  • Middle School: 268

Lot Info

  • Lot Acres: 0.1734
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7553.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7553.00

Green Features

  • Energy Features: Double Pane Windows, Solar Heating - Pool, Solar Power

Multi Family

  • Utilities: Public Utilities, Solar Panels - Leased

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2022
Closed on
Mar 25, 2022
Sold by
Soulia Jeremy J and Soulia Joaquina M
Bought by
Reed Danny L and Reed Hope M
Seller's Agent
Matt Cossell
KW Bay Area Estates
Buyer's Agent
Victoria Attanasio
Amare Real Estate Services
List Price
$1,130,000
Sold Price
$1,300,000
Premium/Discount to List
$170,000
15.04%
Current Estimated Value
$1,179,840

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$120,160
Avg. Annual Appreciation
-2.76%
Original Mortgage
$1,040,000
Outstanding Balance
$977,008
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$202,832

Purchase Details

Listed on
Jan 31, 2012
Closed on
Mar 31, 2012
Sold by
Golden Link Investments Inc
Bought by
Soulia Jeremy J and Soulia Joaquina M
Seller's Agent
Enrique Medellin
Legal Realty
Buyer's Agent
Harvey Young
Keller Williams Thrive
List Price
$399,900
Sold Price
$385,000
Premium/Discount to List
-$14,900
-3.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.90%
Original Mortgage
$365,750
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 8, 2011
Sold by
Rodriguez Gladis Meneses and Rodriguez Gabriel
Bought by
Golden Link Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
4.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 19, 2006
Sold by
Jimenez John R and Jimenez Elizabeth
Bought by
Rodriguez Gabriel and Rodriguez Gladis Meneses

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
6.51%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 11, 2004
Sold by
Driscoll Barry T and Driscoll Patricia Lynn
Bought by
Jimenez John R and Jimenez Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$445,600
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Reed Danny L $1,300,000 Chicago Title
Soulia Jeremy J $385,000 Lawyers Title
Golden Link Investments Inc $275,000 Lawyers Title
Rodriguez Gabriel $720,000 Chicago Title Company
Jimenez John R $557,000 Alliance Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reed Danny L $1,040,000
Previous Owner Soulia Jeremy J $365,750
Previous Owner Golden Link Investments Inc $275,000
Previous Owner Rodriguez Gabriel $144,000
Previous Owner Rodriguez Gabriel $576,000
Previous Owner Jimenez John R $445,600
Closed Jimenez John R $111,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/21/2022 04/21/22 Sold $1,300,000 +15.0% $605 / Sq Ft
03/22/2022 03/22/22 Pending -- -- --
03/16/2022 03/16/22 For Sale $1,130,000 +193.5% $526 / Sq Ft
04/13/2012 04/13/12 Sold $385,000 -1.0% $224 / Sq Ft View Prior Sale
03/15/2012 03/15/12 Pending -- -- --
03/03/2012 03/03/12 Price Changed $389,000 -2.7% $227 / Sq Ft
02/28/2012 02/28/12 For Sale $399,900 0.0% $233 / Sq Ft
02/22/2012 02/22/12 Pending -- -- --
01/31/2012 01/31/12 For Sale $399,900 -- $233 / Sq Ft
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
2025 $16,601 $1,379,569 $477,543 $902,026
2024 $16,601 $1,352,520 $468,180 $884,340
2023 $16,504 $1,326,000 $459,000 $867,000
2022 $5,720 $455,681 $250,566 $205,115
2021 $5,692 $446,747 $245,653 $201,094
2020 $5,629 $442,168 $243,135 $199,033
2019 $5,576 $433,499 $238,368 $195,131
2018 $5,206 $425,000 $233,695 $191,305
2017 $5,313 $416,667 $229,113 $187,554
2016 $5,202 $408,498 $224,621 $183,877
2015 $4,908 $402,362 $221,247 $181,115
2014 $4,876 $394,482 $216,914 $177,568
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81882671

MLSListings

APN: 808-34-001