NOT LISTED FOR SALE

111 Lusitano Way Gilroy, CA 95020

Estimated Value: $912,000 - $936,000

3 Beds
2.5 Baths
2,028 Sq Ft
$455/Sq Ft Est. Value

Last Sold February 23, 2024

Last sale price $900,000 $444 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $5,788/month

47 Days on Market

Highlights

  • Vaulted Ceiling
  • Traditional Architecture
  • Corian Countertops
  • Soaking Tub in Primary Bathroom
  • Loft
  • Neighborhood Views

About This Home

As of February 2024

Luxury awaits in this 2014-built, two-story gem nestled in Oak Place Community. This home defines elegance with soaring 9-ft ceilings, recessed lighting, and an open layout. Boasting 3 beds/2.5 baths, a versatile loft, and a separate laundry room, it blends style and function seamlessly. Indulge in the master suite's luxury soaking tub, separate shower, and dual vanity sinks. The chef's kitchen features updated Corian countertops, tall cabinets, stainless steel appliances, and a spacious pantry. Outside, a private oasis with fenced space beckons entertaining. Enjoy a community lifestyle close to the Sports Complex, parks, and trails: easy freeway access, mere minutes from shopping, restaurants, and the train station. Elevate your living experience in Oak Place!

Last Agent to Sell the Property

Frank Quinn

Coldwell Banker Realty License #01354078 Listed on: 12/13/2023

Coldwell Banker Realty

Last Buyer's Agent

Tammy Nguyen

Kinetic Real Estate License #02053851

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2014

Lot Details

  • 2,614 Sq Ft Lot
  • Southwest Facing Home
  • Wood Fence
  • Mostly Level
  • Grass Covered Lot
  • Zoning described as A-20A

HOA Fees

  • $143 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Ceiling Insulation
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,028 Sq Ft Home
  • 2-Story Property
  • Wired For Sound
  • Vaulted Ceiling
  • Double Pane Windows
  • Dining Area
  • Loft
  • Neighborhood Views
  • Attic Fan

Kitchen

  • Open to Family Room
  • Built-In Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Corian Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • Dual Sinks
  • Soaking Tub in Primary Bathroom
  • Bathtub with Shower
  • Oversized Bathtub in Primary Bathroom
  • Walk-in Shower

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Home Security

  • Alarm System
  • Fire Sprinkler System

Eco-Friendly Details

  • Energy-Efficient Insulation

Utilities

  • Forced Air Heating and Cooling System
  • Thermostat
  • Separate Meters
  • 220 Volts
  • Individual Gas Meter

Listing and Financial Details

  • Assessor Parcel Number 808-48-026

Community Details

Overview

  • Association fees include landscaping / gardening, management fee, common area electricity
  • Oak Place Owner's Association
  • Built by Oak Place
  • The community has rules related to parking rules

Recreation

  • Putting Green

Home Details

Home Type

Single Family

Year Built

Built in 2014

Lot Details

0

HOA Fees

$143 per month

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Traditional
  • Restrictions: Parking Restrictions
  • Listing Class: Residential
  • Structure Sq Ft: 2028
  • Complex Name: Oak Place
  • Incorporated: Yes
  • Year Built: 2014
  • Zoning Description: A-20A
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Dining Room: Dining Area
  • Kitchen: 220 Volt Outlet, Cooktop - Gas, Countertop - Solid Surface / Corian, Dishwasher, Garbage Disposal, Microwave, Oven - Built-In, Pantry, Refrigerator
  • Living Sq Ft: 2028
  • Stories: 2
  • Security: Security Alarm, Fire System - Sprinkler
  • Bedrooms: Walk-in Closet
  • Laundry: Electricity Hookup (220V)
  • Flooring: Laminate, Carpet, Vinyl / Linoleum
  • Additional Rooms: Loft, Laundry Room
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Shower and Tub, Half on Ground Floor, Primary - Oversized Tub, Primary - Stall Shower(s)

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Tile
  • View: Neighborhood
  • Yard/Grounds: Fenced, Low Maintenance
  • Fencing: Wood
  • Property Faces: Southwest
  • Construction Type: Stucco, Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 143
  • HOA Amenities: Putting Green
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Landscaping / Gardening, Management Fee, Common Area Electricity
  • H O A Name Text: Oak Place Owner's Association
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Vaulted Ceiling, Walk-in Closet

Lot Info

  • Lot Description: Grade - Mostly Level
  • Parcel Number: 808-48-026
  • Lot Acres: 0.0600
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 2614.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 2614.00
  • Soil: Unknown

Green Features

  • Energy Features: Attic Fan, Walls Insulated, Ceiling Insulation, Energy Star Appliances, Thermostat Controller, Double Pane Windows

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities

MLS Schools

  • High School District Text: Gilroy Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2023
Closed on
Feb 6, 2024
Sold by
Chacko Mathew and Chacko Joanne
Bought by
Devera Eric and De Vera Annaliza
Seller's Agent
Frank Quinn
Coldwell Banker Realty
Buyer's Agent
Tammy Nguyen
Kinetic Real Estate
List Price
$908,888
Sold Price
$900,000
Premium/Discount to List
-$8,888
-0.98%
Views
87
Current Estimated Value
$922,321

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,321
Avg. Annual Appreciation
1.33%
Original Mortgage
$250,000
Outstanding Balance
$245,623
Interest Rate
6.66%
Estimated Equity
$676,698

Purchase Details

Listed on
Feb 6, 2018
Closed on
Apr 12, 2018
Sold by
Woortham Ii Joseph and Woortham Tari
Bought by
Chacko Mathew and Thomas Joanne
Seller's Agent
Tari Wortham
Intero Real Estate Services
Buyer's Agent
Frank Quinn
Christie's International Real Estate Sereno
List Price
$679,900
Sold Price
$710,000
Premium/Discount to List
$30,100
4.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.13%
Original Mortgage
$674,500
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 7, 2016
Sold by
Wortham Joseph and Wortham Tari
Bought by
Wortham Ii Joseph A and Wortham Tari L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$641,493
Interest Rate
3.65%
Mortgage Type
VA

Purchase Details

Closed on
Oct 9, 2014
Sold by
Kb Home South Bay Inc
Bought by
Wortham Ii Joseph and Wortham Tari

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$512,945
Interest Rate
3.25%
Mortgage Type
VA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Devera Eric $900,000 Chicago Title
Chacko Mathew $710,000 Old Republic Title Co
Wortham Ii Joseph A -- First American Title Company
Wortham Ii Joseph $502,500 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Devera Eric $250,000
Open Devera Eric $623,000
Previous Owner Chacko Mathew $674,500
Previous Owner Wortham Ii Joseph A $641,493
Previous Owner Wortham Ii Joseph $512,945
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/23/2024 02/23/24 Sold $900,000 0.0% $444 / Sq Ft
01/29/2024 01/29/24 Pending -- -- --
01/21/2024 01/21/24 Price Changed $899,950 -1.0% $444 / Sq Ft
12/26/2023 12/26/23 For Sale $908,888 +1.0% $448 / Sq Ft
12/21/2023 12/21/23 Off Market $900,000 -- --
12/13/2023 12/13/23 For Sale $908,888 +28.0% $448 / Sq Ft
04/17/2018 04/17/18 Sold $710,000 +1.6% $350 / Sq Ft View Prior Sale
03/27/2018 03/27/18 Pending -- -- --
03/22/2018 03/22/18 Price Changed $699,000 -1.5% $345 / Sq Ft
02/21/2018 02/21/18 Price Changed $710,000 +4.4% $350 / Sq Ft
02/14/2018 02/14/18 For Sale $679,900 0.0% $335 / Sq Ft
02/12/2018 02/12/18 Pending -- -- --
02/06/2018 02/06/18 For Sale $679,900 -- $335 / 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 $9,743 $918,000 $596,700 $321,300
2024 $9,743 $792,015 $446,206 $345,809
2023 $9,685 $776,486 $437,457 $339,029
2022 $9,525 $761,262 $428,880 $332,382
2021 $9,483 $746,336 $420,471 $325,865
2020 $9,378 $738,684 $416,160 $322,524
2019 $9,289 $724,200 $408,000 $316,200
2018 $6,573 $530,400 $316,879 $213,521
2017 $6,711 $520,001 $310,666 $209,335
2016 $6,576 $509,806 $304,575 $205,231
2015 $6,204 $502,149 $300,000 $202,149
2014 $886 $69,000 $69,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Frank Quinn

    Seller's Agent in 2024

    Frank Quinn

    Coldwell Banker Realty

    (408) 569-3582

    1 in this area

    36 Total Sales

    Frank Quinn
    Section Image

  • T

    Buyer's Agent in 2024

    Tammy Nguyen

    Kinetic Real Estate

    Section Image

  • T

    Seller's Agent in 2018

    Tari Wortham

    Intero Real Estate Services

    Section Image
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Map

Source: MLSListings

MLS Number: ML81949528

MLSListings

APN: 808-48-026

California Santa Clara County Gilroy 95020

111 Lusitano Way, Gilroy, CA

Not Listed for Sale

Detached

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