NOT LISTED FOR SALE

10505 Center Ave Gilroy, CA 95020

Estimated Value: $1,492,724 - $2,274,000

21.06 Acres
$89,428 Price per Acre
917,374 Sq Ft Lot

Last Sold December 04, 2018

Last sale price $1,100,000

Est. 71% increase in value since last sale

Current estimated payment $11,137/month

132 Days on Market

Highlights

  • 21.06 Acre Lot
  • Christopher High School Rated A-
  • Agricultural

About This Lot

As of December 2018

Incredible Opportunity! 21+- USEABLE ACRES!! This amazing land is in an ideal location on the northern end of Gilroy. Great freeway access. Don't miss this great opportunity to own this prime real estate in the south county. It is just 20 minutes from south San Jose. TFT. Back to the market.

Last Agent to Sell the Property

Jenny Huang

Coldwell Banker Realty License #01362454 Listed on: 06/14/2018

Coldwell Banker Realty

Last Buyer's Agent

RECIP

Out of Area Office License #00000000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $14,763

Lot Details

  • 21.06 Acre Lot
  • Chain Link Fence

Additional Features

  • Electricity Available at Street
  • Agricultural
  • Horses Potentially Allowed on Property
  • Well

Property Details

Property Type

Land

Est. Annual Taxes

$14,763

Lot Details

0

Listing Details

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

Exterior Features

  • Horse Property: Possible
  • Fencing: Chain Link

Lot Info

  • Lot Description: Agricultural Use
  • Lot Acres: 21.0600
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 917373.60
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 917373.60
  • Parcel Access: Paved Road

Multi Family

  • Utilities: Electricity - Available At Street

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 26, 2019
Sold by
1031 Ep1 Inc
Bought by
Machathil James K and Machathil Jessy J
Current Estimated Value
$1,883,362

Purchase Details

Listed on
Jun 14, 2018
Closed on
Dec 4, 2018
Sold by
Deng Shu Y and Deng Rong Sen
Bought by
1031 Ep1 Inc
Seller's Agent
Jenny Huang
Coldwell Banker Realty
Buyer's Agent
RECIP
Out of Area Office
List Price
$1,099,000
Sold Price
$1,100,000
Premium/Discount to List
$1,000
0.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.11%
Original Mortgage
$1,108,737
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 6, 2018
Sold by
Chak Cliff
Bought by
Deng Shu Y

Purchase Details

Closed on
Oct 24, 2012
Sold by
Rivas Juan and Rivas Dora Claudia
Bought by
Deng Shu Y

Purchase Details

Closed on
Apr 21, 2005
Sold by
Deng Shu Y and Deng Rong Sen
Bought by
Rivas Juan and Rivas Claudia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
5.92%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 9, 2001
Sold by
Russo Daniel B and Russo Kathleen A
Bought by
Deng Shu Y and Deng Rong Sen

Purchase Details

Closed on
May 30, 2001
Sold by
Russo Chauncey V and Russo Daniel
Bought by
Russo Chauncey V and Russo Rosalia

Purchase Details

Closed on
Dec 23, 1993
Sold by
Russo Rosalie
Bought by
Russo Chauncey
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
Machathil James K $1,100,000 Chicago Title Company
1031 Ep1 Inc $1,100,000 Chicago Title Co
Deng Shu Y -- Chicago Title Co
Deng Shu Y $816,830 First American Title Co
Rivas Juan $1,000,000 Fidelity National Title Ins
Deng Shu Y $749,000 Old Republic Title Company
Deng Shu Y -- Old Republic Title Company
Russo Chauncey V $200,000 Old Republic Title Company
Russo Chauncey -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 1031 Ep1 Inc $1,108,737
Previous Owner Rivas Juan $750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/04/2018 12/04/18 Sold $1,100,000 +0.1% --
10/25/2018 10/25/18 Pending -- -- --
09/08/2018 09/08/18 For Sale $1,099,000 0.0% --
07/02/2018 07/02/18 Pending -- -- --
06/14/2018 06/14/18 For Sale $1,099,000 -- --
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
2025 $14,763 $1,227,068 $1,227,068 --
2024 $14,763 $1,203,008 $1,203,008 --
2023 $14,657 $1,179,420 $1,179,420 $0
2022 $14,397 $1,156,295 $1,156,295 $0
2021 $14,418 $1,133,623 $1,133,623 $0
2020 $14,262 $1,122,000 $1,122,000 $0
2019 $14,101 $1,100,000 $1,100,000 $0
2018 $8,820 $725,112 $725,112 $0
2017 $9,007 $710,895 $710,895 $0
2016 $8,822 $696,956 $696,956 $0
2015 $8,304 $686,488 $686,488 $0
2014 $8,198 $673,041 $673,041 $0
Source: Public Records

Agents Affiliated with this Home

  • Jenny Huang

    Seller's Agent in 2018

    Jenny Huang

    Coldwell Banker Realty

    (408) 802-3982

    74 Total Sales

    Jenny Huang
    Section Image

  • R

    Buyer's Agent in 2018

    RECIP

    Out of Area Office

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Map

Source: MLSListings

MLS Number: ML81710374

MLSListings

APN: 835-09-024

California Santa Clara County Gilroy 95020

10505 Center Ave, Gilroy, CA

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