NOT LISTED FOR SALE

10400 Santa Teresa Blvd Gilroy, CA 95020

Estimated Value: $1,806,000 - $2,135,000

3 Beds
2 Baths
2,274 Sq Ft
$851/Sq Ft Est. Value

Last Sold September 22, 2023

Last sale price $1,800,000 $792 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $12,361/month

95 Days on Market

Highlights

  • 8.43 Acre Lot
  • Mountain View
  • Family Room with Fireplace
  • Christopher High School Rated A-
  • A-Frame Home
  • Wood Flooring

About This Home

As of September 2023

What an incredible price reduction for this large parcel of land with a nice home.We are located North of Gilroy and in the pathway for Gilroy's future annexation. This property has been in the family for almost 100 years. Most of the value is in the 8.4 acres of level land for easy lot splits once incorporated in the city limits. The home is basic but with some remodeling an investor could rent easily.3 great detached garages for the car collector or a landscape business. Additional outbuilding for parking and storage on site. The long driveway is a future roadway slated to connect Santa Teresa Blvd and Monterey Hwy named Golden Gate Ave. A local farmer is always interested in leasing the land for row crop and maintenance. The North property border is the driveway, the green tree line is the East property border, the South border runs all the way to the green water tank & the West property border is at the tree line very near the driveway. The front parcel is not part of this listing.

Last Agent to Sell the Property

Ellen Sargenti

Coldwell Banker Realty License #00588168 Listed on: 06/10/2023

Coldwell Banker Realty

Last Buyer's Agent

Nadi Akhter

American Heritage Properties License #01879632

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,025

Year Built

  • Built in 1962

Lot Details

  • 8.43 Acre Lot
  • North Facing Home
  • Level Lot
  • Back Yard
  • Zoning described as A-20A

Parking

  • 6 Car Detached Garage
  • Workshop in Garage
  • Assigned Parking

Home Design

  • A-Frame Home
  • Reverse Style Home
  • Fixer Upper
  • Slab Foundation
  • Wood Frame Construction
  • Composition Roof
  • Rammed Earth

Interior Spaces

  • 2,274 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Bonus Room
  • Utility Room
  • Mountain Views

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Electric Oven
  • Electric Cooktop
  • Tile Countertops

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Located Outside
  • Electric Dryer Hookup

Farming

  • Agricultural
  • Pasture
  • Farm Animals Allowed

Utilities

  • Baseboard Heating
  • Separate Meters
  • Propane
  • Untreated Water
  • Well
  • Cesspool
  • Septic Tank

Additional Features

  • Solar owned by a third party
  • Horses Potentially Allowed on Property

Listing and Financial Details

  • Assessor Parcel Number 783-18-013

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,025

Year Built

Built in 1962

Lot Details

0

Parking

6

Listing Details

  • Subclass: Single Family Home
  • Style: A-Frame, Ranch
  • Property Condition: Fixer Upper, Seller Will Remodel
  • Age: 61
  • Listing Class: Residential
  • Structure Sq Ft: 2274
  • Year Built: 1962
  • Zoning Description: A-20A
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Living Room, Wood Burning
  • Dining Room: Breakfast Bar, Breakfast Nook
  • Kitchen: Cooktop - Electric, Countertop - Tile, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 2274
  • Stories: 1
  • Bedrooms: Ground Floor Bedroom, More than One Bedroom on Ground Floor, Reverse Floor Plan
  • Laundry: Electricity Hookup (220V), In Utility Room, Inside, Outside
  • Flooring: Carpet, Hardwood, Vinyl / Linoleum
  • Additional Rooms: Bonus / Hobby Room, Utility Room
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Showers over Tubs - 2+
  • Fireplace: Yes

Exterior Features

  • Foundation: Brick, Concrete Slab
  • Roof: Aluminum Over Tar, Composition
  • View: Mountains, Pasture
  • Yard/Grounds: Back Yard
  • Horse Property: Possible
  • Property Faces: North
  • Construction Type: Rammed Earth, Wood Frame

Garage/Parking

  • Garage Spaces: 6
  • Garage Max: 6
  • Garage Min: 6
  • Garage Parking Features: Assigned Spaces, Detached Garage, Workshop in Garage

Utilities

  • Heating System: Baseboard, Electric
  • Sewer/Septic System: Cesspool, Septic Tank / Pump

Schools

  • School District: Gilroy Unified

Lot Info

  • Lot Description: Agricultural Use, Farm Animals (Permitted), Grade - Level, Grade - Rolling, Grade - Sloped Down
  • Parcel Number: 783-18-013
  • Lot Acres: 8.4291
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 367172.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 367172.00
  • Soil: Adobe, Unknown

Multi Family

  • Utilities: Individual Electric Meters, Propane On Site, Solar Panels - Lien

MLS Schools

  • High School District Text: Gilroy Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2023
Closed on
Oct 27, 2023
Sold by
Syed Asifuddin and Syed Imrana
Bought by
Syed Family Trust and Syed
Seller's Agent
Ellen Sargenti
Coldwell Banker Realty
Buyer's Agent
Nadi Akhter
American Heritage Properties
List Price
$2,499,000
Sold Price
$1,800,000
Premium/Discount to List
-$699,000
-27.97%
Views
244
Current Estimated Value
$1,905,920

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,920
Avg. Annual Appreciation
1.63%
Original Mortgage
$500,000
Interest Rate
6.96%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 10, 2023
Closed on
Sep 20, 2023
Sold by
Vogel Family Living Trust
Bought by
Syed Asifuddin and Syed Imrana
Seller's Agent
Ellen Sargenti
Coldwell Banker Realty
Buyer's Agent
Nadi Akhter
American Heritage Properties
List Price
$2,499,000
Sold Price
$1,800,000
Premium/Discount to List
-$699,000
-27.97%
Views
244

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.96%
Mortgage Type
New Conventional
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
Syed Family Trust -- None Listed On Document
Syed Asifuddin $1,800,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Syed Asifuddin $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2023 09/22/23 Sold $1,800,000 -10.0% $792 / Sq Ft
09/14/2023 09/14/23 Pending -- -- --
08/20/2023 08/20/23 Price Changed $1,999,000 -13.0% $879 / Sq Ft
07/29/2023 07/29/23 Price Changed $2,299,000 -8.0% $1,011 / Sq Ft
06/11/2023 06/11/23 For Sale $2,499,000 +38.8% $1,099 / Sq Ft
06/11/2023 06/11/23 Off Market $1,800,000 -- --
06/10/2023 06/10/23 For Sale $2,499,000 -- $1,099 / 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
2024 $22,025 $1,800,000 $1,515,000 $285,000
2023 $12,738 $1,020,000 $816,000 $204,000
2022 $1,890 $142,326 $81,396 $60,930
2021 $12,993 $1,030,566 $731,702 $298,864
2020 $12,922 $1,020,000 $724,200 $295,800
2019 $1,835 $135,399 $77,434 $57,965
2018 $1,714 $132,745 $75,916 $56,829
2017 $1,742 $130,143 $74,428 $55,715
2016 $1,696 $127,592 $72,969 $54,623
2015 $1,603 $125,676 $71,873 $53,803
2014 $1,561 $123,216 $70,466 $52,750
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81931417

MLSListings

APN: 783-18-013