NOT LISTED FOR SALE

10505 Center Ave Unit C Gilroy, CA 95020

Estimated Value: $2,654,000

3 Beds
2 Baths
2,900 Sq Ft
$915/Sq Ft Est. Value

Last Sold September 26, 2017

Last sale price $1,570,000 $541 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $15,751/month

264 Days on Market

Highlights

  • 20.5 Acre Lot
  • Formal Dining Room
  • Eat-In Kitchen
  • Christopher High School Rated A-
  • 2 Car Detached Garage
  • Forced Air Heating System

About This Home

As of September 2017

Incredible Opportunity! 20.5 USEABLE ACRES PLUS TWO HOMES AND LARGE BARN!! This amazing property is in an ideal location on the northern end of Gilroy. Great freeway access and lots of privacy! Fruit trees galore! Two beautiful 3 bedroom/ two bath homes! Spacious workshop/barn! Ag well, Natural Gas. Don't miss this huge chance to own this prime real estate!

Last Agent to Sell the Property

Teri Fortino

Intero Real Estate Services License #01061765 Listed on: 09/20/2016

Intero Real Estate Services

Last Buyer's Agent

RECIP

Out of Area Office License #00000000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,474

Year Built

  • Built in 1948

Lot Details

  • 20.5 Acre Lot
  • Zoning described as AW

Parking

  • 2 Car Detached Garage

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,900 Sq Ft Home
  • Wood Burning Fireplace
  • Separate Family Room
  • Formal Dining Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Horse Facilities and Amenities

  • Horses Potentially Allowed on Property

Utilities

  • Forced Air Heating System
  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 835-09-023

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,474

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 2900
  • Year Built: 1948
  • Zoning Description: AW
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Wood Burning
  • Dining Room: Eat in Kitchen, Formal Dining Room
  • Living Sq Ft: 2900
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Horse Property: Possible

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Detached Garage

Utilities

  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Septic Tank / Pump

Lot Info

  • Parcel Number: 835-09-023
  • Lot Acres: 20.5000
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 892980.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 892980.00

Multi Family

  • Utilities: Natural Gas

MLS Schools

  • High School District Text: Gilroy Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 14, 2017
Sold by
Russo Chauncey V and Russo Rosalia
Bought by
Machathil James K and Machathil Jessy J
Current Estimated Value
$2,654,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 30, 2001
Sold by
Russo Chauncey V and Russo Daniel
Bought by
Russo Chauncey V and Russo Rosalia
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Machathil James K $1,570,000 Old Republic Title Company
Russo Chauncey V $200,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Machathil James K $1,100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2017 09/26/17 Sold $1,570,000 -1.6% $541 / Sq Ft
06/12/2017 06/12/17 Pending -- -- --
04/19/2017 04/19/17 For Sale $1,595,000 0.0% $550 / Sq Ft
04/19/2017 04/19/17 Price Changed $1,595,000 +1.6% $550 / Sq Ft
03/07/2017 03/07/17 Off Market $1,570,000 -- --
01/09/2017 01/09/17 Price Changed $1,625,000 -4.1% $560 / Sq Ft
09/20/2016 09/20/16 For Sale $1,695,000 -- $584 / 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 $21,474 $1,786,272 $1,023,930 $762,342
2024 $21,474 $1,751,248 $1,003,853 $747,395
2023 $21,319 $1,716,911 $984,170 $732,741
2022 $20,939 $1,683,247 $964,873 $718,374
2021 $20,846 $1,650,243 $945,954 $704,289
2020 $20,594 $1,633,323 $936,255 $697,068
2019 $20,390 $1,601,298 $917,898 $683,400
2018 $18,877 $1,569,900 $899,900 $670,000
2017 $2,956 $223,515 $165,051 $58,464
2016 $2,872 $217,838 $160,520 $57,318
2015 $2,698 $213,600 $157,142 $56,458
2014 $2,629 $207,849 $152,496 $55,353
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2017

    Teri Fortino

    Intero Real Estate Services

    Section Image

  • R

    Buyer's Agent in 2017

    RECIP

    Out of Area Office

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Map

Source: MLSListings

MLS Number: ML81615225

MLSListings

APN: 835-09-023

California Santa Clara County Gilroy 95020

10505 Center Ave Unit C, Gilroy, CA

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