NOT LISTED FOR SALE

1240 Cypress Ct Gilroy, CA 95020

Estimated Value: $884,000 - $1,020,000

3 Beds
2 Baths
1,503 Sq Ft
$625/Sq Ft Est. Value

Last Sold November 14, 2014

Last sale price $525,000 $349 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $5,549/month

4 Days on Market

Highlights

  • Primary Bedroom Suite
  • Breakfast Room
  • Patio
  • Neighborhood Views
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of November 2014

This is a 10!All New kitchen with granite countertops and stainless steel appliances (Aug 2014). New carpets in the bedrooms, and fresh paint throughout. Many upgrades, newer water heater and windows.The home is meticulously maintained. Family room with fireplace which overlooks the patio and garden. Wonderful landscaping with pond and waterfall. Great neighborhood where children come out to play.

Last Agent to Sell the Property

Manjit Bhatia

Coldwell Banker Realty License #01399514 Listed on: 10/17/2014

Coldwell Banker Realty

Last Buyer's Agent

Liz Doyle

Intero Real Estate Services License #01248955

Intero Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,622

Year Built

  • Built in 1967

Lot Details

  • Fenced
  • Zoning described as R1

Parking

  • 2 Car Attached Garage

Home Design

  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,503 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Breakfast Room
  • Dining Room
  • Neighborhood Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 808-03-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,622

Year Built

Built in 1967

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch
  • Sale Price Per Sq Ft: 349.30
  • Listing Class: Residential
  • Structure Sq Ft: 1503
  • Incorporated: Yes
  • Map Book Page: 977
  • Map Side Coordinate: 2
  • Map Top Coordinate: G
  • Thomas Bros Page: 977
  • Thomas Brothers: G2
  • Year Built: 1967
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Wood Burning, Yes
  • Dining Room: No Formal Dining Room, Breakfast Room
  • Living Sq Ft: 1503
  • Stories: 1
  • Bedrooms: Primary Suite / Retreat
  • Flooring: Carpet - Area
  • Maximum Bathrooms: 2
  • Minimum Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Pool Description: Pool - No
  • Roof: Shingle, Composition
  • View: Local/Neighborhood
  • Yard/Grounds: Patio(s), Fenced

Garage/Parking

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

Utilities

  • Cooling System: Central AC
  • Heating System: Forced Air
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Lot Info

  • Parcel Number: 808-03-005
  • List Price per Sq Ft: 332.00
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7000.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 7000.00
  • Lot Size Area Min Search: 7000.00
  • Maximum Lot Size: 7000.00
  • Map Book: Thomas Bros

Multi Family

  • Maximum Building Height: 1
  • Minimum Building Height: 1

MLS Schools

  • High School District Text: Gilroy Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2014
Closed on
Nov 6, 2014
Sold by
Marquez Gabriel and Marquez Heather
Bought by
Matsuyama Allen Tamio
Seller's Agent
Manjit Bhatia
Coldwell Banker Realty
Buyer's Agent
Liz Doyle
Intero Real Estate Services
List Price
$499,000
Sold Price
$525,000
Premium/Discount to List
$26,000
5.21%
Current Estimated Value
$938,748

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$413,748
Avg. Annual Appreciation
5.45%
Original Mortgage
$417,000
Outstanding Balance
$321,311
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$617,437

Purchase Details

Closed on
Oct 7, 2003
Sold by
Milne Todd
Bought by
Marquez Gabriel and Marquez Heather

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,400
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 19, 2001
Sold by
Milne Veronica
Bought by
Milne Todd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,100
Interest Rate
8.5%

Purchase Details

Closed on
May 18, 2000
Sold by
Silman John S
Bought by
Silman Ellen A

Purchase Details

Closed on
Feb 9, 1999
Sold by
Santiago Baltazar P
Bought by
Silman John S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
8.62%

Purchase Details

Closed on
Feb 2, 1999
Sold by
Santiago Irma C
Bought by
Santiago Baltazar P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
8.62%

Purchase Details

Closed on
Jan 2, 1997
Sold by
Lemus Alfonso L and Lemus Nazaria S
Bought by
Santiago Saltazar P

Purchase Details

Closed on
Aug 11, 1995
Sold by
State Street Bank and State Company Tru
Bought by
Lemus Alfonso L and Lemus Nazaria S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,400
Interest Rate
7.63%

Purchase Details

Closed on
Mar 9, 1995
Sold by
State Street Bank & Trust Company and Ruiz Ronald Lee Anthony
Bought by
State Street Bank & Trust Company
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
Matsuyama Allen Tamio $525,000 Cornerstone Title Company
Marquez Gabriel $433,000 First American Title Co
Milne Todd -- Fidelity National Title Co
Milne Todd $377,000 Fidelity National Title Co
Silman Ellen A -- --
Silman John S $255,000 Old Republic Title Company
Santiago Baltazar P $255,000 Old Republic Title Company
Santiago Baltazar P -- Chicago Title Co
Santiago Saltazar P -- Golden California Title Co
Lemus Alfonso L $170,000 --
State Street Bank & Trust Company $163,678 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Matsuyama Allen Tamio $417,000
Previous Owner Marquez Gabriel $346,400
Previous Owner Milne Todd $320,100
Previous Owner Silman John S $65,000
Previous Owner Lemus Alfonso L $161,400
Closed Milne Todd $56,500
Closed Marquez Gabriel $86,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2014 11/14/14 Sold $525,000 +5.2% $349 / Sq Ft
10/21/2014 10/21/14 Pending -- -- --
10/17/2014 10/17/14 For Sale $499,000 -- $332 / 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 $7,622 $630,961 $346,968 $283,993
2024 $7,622 $618,590 $340,165 $278,425
2023 $7,575 $606,462 $333,496 $272,966
2022 $7,450 $594,571 $326,957 $267,614
2021 $7,415 $582,914 $320,547 $262,367
2020 $7,333 $576,938 $317,261 $259,677
2019 $7,264 $565,627 $311,041 $254,586
2018 $6,781 $554,538 $304,943 $249,595
2017 $6,923 $543,665 $298,964 $244,701
2016 $6,782 $533,005 $293,102 $239,903
2015 $6,397 $525,000 $288,700 $236,300
2014 $5,313 $430,000 $236,500 $193,500
Source: Public Records

Agents Affiliated with this Home

  • Manjit Bhatia

    Seller's Agent in 2014

    Manjit Bhatia

    Coldwell Banker Realty

    (408) 644-9100

    1 in this area

    49 Total Sales

    Manjit Bhatia
    Section Image

  • L

    Buyer's Agent in 2014

    Liz Doyle

    Intero Real Estate Services

    Section Image
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Map

Source: MLSListings

MLS Number: ML81437521

MLSListings

APN: 808-03-005

California Santa Clara County Gilroy 95020

1240 Cypress Ct, Gilroy, CA

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