NOT LISTED FOR SALE

1221 Lerma Ln Gilroy, CA 95020

Las Animas Neighborhood

Estimated Value: $1,074,073 - $1,133,000

3 Beds
2.5 Baths
1,889 Sq Ft
$583/Sq Ft Est. Value

Highlights

  • Wood Flooring
  • Formal Dining Room
  • Eat-In Kitchen
  • Christopher High School Rated A-
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of July 2022

Great home in Gilroy! Spacious home w/ beautiful gardens. 3 bedrooms, 2 bathrooms. High Ceilings. 1 block from Luigi Aprea Elementary School. Updated kitchen, Pergo wood flooring, Corian counter tops. Open bright floor plan.

Last Agent to Rent the Property

Veronica Gonzalez Renteria

Bellamia Real Estate Services License #02047714 Listed on: 06/15/2022

Last Renter's Agent

Veronica Gonzalez Renteria

Bellamia Real Estate Services License #02047714 Listed on: 06/15/2022

Home Details

Home Type

  • Single Family

Year Built

  • 1986

Lot Details

  • 5,998

Parking

  • 2 Car Attached Garage
  • On-Street Parking

Interior Spaces

  • 1,889 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Eat-In Kitchen

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Additional Features

  • 5,998 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Security Deposit $7,600
  • Property Available on 7/15/22
  • 12-Month Minimum Lease Term

Home Details

Home Type

Single Family

Year Built

1986

Lot Details

0

Parking

2

Rental Info

  • Available: 07/15/2022
  • Lease Terms: Deposit Required
  • Minimum Lease Months: 12
  • Security Deposit: 7600

Listing Details

  • Subclass: House For Rent
  • Listing Class: Residential Lease/Rental
  • Structure Sq Ft: 1889
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1986

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room, Wood Burning
  • Dining Room: Eat In Kitchen, Formal Dining Room
  • Fireplace: Yes
  • Living Sq Ft: 1889
  • Stories: 2
  • Flooring: Carpet, Hardwood, Vinyl / Linoleum
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage, On Street

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air - Gas

Lot Info

  • Lot Acres: 0.1377
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6000.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 19, 2019
Sold by
Qi Xiaojian and Chen Li
Bought by
Qi Xiaojian and Chen Li
Current Estimated Value
$1,101,518

Purchase Details

Closed on
May 12, 2011
Sold by
Chen Li and Qi Xiaojian
Bought by
Qi Xiaojian and Chen Li

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,000
Outstanding Balance
$194,994
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$906,524

Purchase Details

Closed on
Apr 1, 2010
Sold by
Qi Xiaojian and Chen Li
Bought by
Chen Li and Qi Xiaojian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 10, 2004
Sold by
Qi Xiaojian and Chen Li
Bought by
Qi Xiaojian and Chen Li

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,500
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 2004
Sold by
Chia Kenneth S and Chia Vivien S
Bought by
Oi Xiaojian and Chen Li

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,500
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 23, 1999
Sold by
May Leeanne M and May Fred M
Bought by
Chia Kenneth S and Chia Vivien S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.79%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Qi Xiaojian -- None Available
Qi Xiaojian -- Chicago Title Company
Chen Li -- Chicago Title Company
Qi Xiaojian -- Chicago Title
Oi Xiaojian $545,000 Commonwealth Land Title
Chia Kenneth S $310,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Qi Xiaojian $313,000
Closed Chen Li $330,000
Closed Qi Xiaojian $430,500
Closed Oi Xiaojian $430,500
Previous Owner Chia Kenneth S $240,000
Closed Oi Xiaojian $59,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2022 07/27/22 Rented $3,600 0.0% --
07/25/2022 07/25/22 Under Contract -- -- --
07/05/2022 07/05/22 Price Changed $3,600 -2.7% $2 / Sq Ft
06/27/2022 06/27/22 Price Changed $3,700 -2.6% $2 / Sq Ft
06/15/2022 06/15/22 For Rent $3,800 -- --
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 $9,433 $774,861 $309,942 $464,919
2024 $9,433 $759,668 $303,865 $455,803
2023 $9,378 $744,773 $297,907 $446,866
2022 $9,225 $730,170 $292,066 $438,104
2021 $9,185 $715,854 $286,340 $429,514
2020 $9,085 $708,514 $283,404 $425,110
2019 $9,001 $694,623 $277,848 $416,775
2018 $8,403 $681,003 $272,400 $408,603
2017 $8,582 $667,651 $267,059 $400,592
2016 $8,412 $654,561 $261,823 $392,738
2015 $7,356 $597,000 $238,800 $358,200
2014 $7,172 $574,000 $229,600 $344,400
Source: Public Records

Agents Affiliated with this Home

  • Veronica Gonzalez Renteria

    Landlord's Agent in 2022

    Veronica Gonzalez Renteria

    Bellamia Real Estate Services

    (831) 840-5446

    2 in this area

    20 Total Sales

    Veronica Gonzalez Renteria
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Map

Source: MLSListings

MLS Number: ML81896255

MLSListings

APN: 783-37-023

California Santa Clara County Gilroy 95020 Las Animas

1221 Lerma Ln, Gilroy, CA

Not Listed for Sale

Detached

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