NOT LISTED FOR SALE

12411 Merriman Ln Gilroy, CA 95020

Estimated Value: $1,197,952

7.1 Acres
$168,726 Price per Acre
309,276 Sq Ft Lot

Last Sold August 02, 2017

Last sale price $720,000

Est. 66% increase in value since last sale

Current estimated payment $7,475/month

9 Days on Market

Highlights

  • Water Views
  • Horse Property
  • Secluded Lot
  • Christopher High School Rated A-
  • 7.1 Acre Lot
  • Stream

About This Lot

As of August 2017

CAN YOU FIND THE DEER IN THE VIRTUAL TOUR*BUILD YOUR DREAM HOME ON THIS UNIQUE BEAUTIFUL AND VERY PRIVATE 7.1 PARCEL WITH 315' OF FRONTAGE ON YEAR ROUND UVAS CREEK*ELECTRICITY ON PROPERTY-TRANSFORMER STUBBED OFF FOR FUTURE HOUSE*PRIVATE WELL*PERMANENT BUILDING SITE APPROVAL*SURROUNDED BY MOUNTAINS AND TREES*1 ACRE WILDLIFE EASEMENT ALONG CREEK *TURKEY,DEER AND QUAIL ABOUND*CAN BUILD A MAIN HOUSE PLUS A 1000 SF DETACHED IN LAW QUARTERS*No CC&Rs*AREA OF 2 MILLION DOLLAR HOMES*TO VIEW PROPERTY YOU BUYERS MUST BE ACCOMPANIED BY YOUR AGENT OR THE LISTING AGENT*OWNER MAY FINANCE FOR A QUALIFIED BUYER*LISTING AGENT IS THE OWNER OF PROPERTY*

Last Agent to Sell the Property

Roy Patrick Thiels

Roy P. Thiels, Broker License #01119366 Listed on: 06/29/2017

Last Buyer's Agent

Roy Patrick Thiels

Roy P. Thiels, Broker License #01119366 Listed on: 06/29/2017

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $11,989

Lot Details

  • 7.1 Acre Lot
  • Partially Fenced Property
  • Chain Link Fence
  • Secluded Lot
  • Lot Sloped Down
  • Irrigation
  • Mostly Level

Property Views

  • Water
  • Panoramic
  • Mountain
  • Forest

Utilities

  • Well
  • Septic Permit Required

Community Details

Overview

  • Stream

Recreation

  • Horse Property

Property Details

Property Type

Land

Est. Annual Taxes

$11,989

Lot Details

0

Listing Details

  • Zoning: RR5
  • Subclass: Residential Lot
  • Listing Class: Residential Lots & Land
  • Present Use: Bare Land
  • Development Status: Map Recorded
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Forest / Woods, Mountains, Panoramic, Water
  • Horse Property: Yes
  • Fencing: Chain Link, Partial Fencing

Utilities

  • Sewer/Septic System: Septic Required

Schools

  • School District: Gilroy Unified

Lot Info

  • Lot Description: Grade - Mostly Level, Grade - Sloped Down, Private / Secluded, Stream - Year Round, Views
  • Lot Acres: 7.1000
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 309276.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 309276.00
  • Parcel Access: Paved Road, Private Road, Private Road - Share Access

Multi Family

  • Utilities: Electricity - On Site

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 15, 2020
Sold by
Gibson Robert Mark and Russell Gibson Robin
Bought by
Mhc Morgan Hill Expansion Lp
Current Estimated Value
$1,197,952

Purchase Details

Listed on
Jun 29, 2017
Closed on
Jul 26, 2017
Sold by
Thiels Roy P and Thiels Eliska W
Bought by
Gibson Robert Mark and Russell Gibson Robin Elizabeth
Seller's Agent
Roy Patrick Thiels
Roy P. Thiels, Broker
Buyer's Agent
Roy Patrick Thiels
Roy P. Thiels, Broker
List Price
$749,950
Sold Price
$720,000
Premium/Discount to List
-$29,950
-3.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.48%
Original Mortgage
$620,000
Interest Rate
3.9%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 28, 2004
Sold by
Grant Marie
Bought by
Thiels Roy P and Thiels Eliska W
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
Mhc Morgan Hill Expansion Lp $925,000 First American Title Ins Co
Gibson Robert Mark $720,000 Chicago Title Company
Thiels Roy P $537,500 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gibson Robert Mark $620,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2017 08/02/17 Sold $720,000 -4.0% --
07/09/2017 07/09/17 Pending -- -- --
06/30/2017 06/30/17 For Sale $749,950 +4.2% --
06/29/2017 06/29/17 Off Market $720,000 -- --
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 $11,989 $1,001,249 $1,001,249 --
2024 $11,989 $981,617 $981,617 --
2023 $11,904 $962,370 $962,370 $0
2022 $11,695 $943,500 $943,500 $0
2021 $11,636 $925,000 $925,000 $0
2020 $9,433 $749,088 $749,088 $0
2019 $9,340 $734,400 $734,400 $0
2018 $8,678 $720,000 $720,000 $0
2017 $7,551 $600,000 $600,000 $0
2016 $6,299 $500,000 $500,000 $0
2015 $5,070 $420,000 $420,000 $0
2014 $3,958 $325,000 $325,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81653511

MLSListings

APN: 756-43-024