NOT LISTED FOR SALE

1261 Lerma Ln Gilroy, CA 95020

Las Animas Neighborhood

Estimated Value: $960,221 - $1,026,000

3 Beds
2 Baths
1,590 Sq Ft
$622/Sq Ft Est. Value

Last Sold September 28, 2022

Last sale price $900,000 $566 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $6,188/month

Highlights

  • High Ceiling
  • Breakfast Area or Nook
  • Walk-In Closet
  • Christopher High School Rated A-
  • 2 Car Attached Garage
  • Bathtub with Shower

About This Home

As of September 2022

Lovely single level home, in a very desirable location near award wining schools. This home offers high ceilings, large master bath with separate shower and tub to relax in. Master bath also features double vanities and walk-in closet. In 2021 the home was painted inside , new flooring was installed, a new AC unit with a smart thermostat and the appliances were replaced.

Last Agent to Sell the Property

Tina Salos

Windermere Valley Properties License #01238890 Listed on: 08/26/2022

Windermere Valley Properties

Last Buyer's Agent

Ruth Garcia

Windermere Valley Properties License #01290053

Windermere Valley Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,370

Year Built

  • 1986

Lot Details

  • 6,233 Sq Ft Lot
  • Wood Fence
  • Sprinklers on Timer
  • Mostly Level

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,590 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Family or Dining Combination
  • Laundry in unit

Kitchen

  • Breakfast Area or Nook
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Dual Sinks
  • Bathtub with Shower
  • Walk-in Shower

Utilities

  • Forced Air Heating and Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,370

Year Built

1986

Lot Details

0

Parking

2

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Age: 36
  • Listing Class: Residential
  • Structure Sq Ft: 1590
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1986

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room, Wood Burning
  • Dining Room: Breakfast Nook, Dining Area In Family Room
  • Kitchen: Dishwasher, Garbage Disposal, Microwave, Oven - Self Cleaning, Oven Range - Built-In, Gas
  • Fireplace: Yes
  • Living Sq Ft: 1590
  • Stories: 1
  • Bedrooms: Walk-In Closet
  • Laundry: Inside
  • Flooring: Carpet, Laminate
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Full On Ground Floor, Oversized Tub, Primary - Stall Shower(s), Shower And Tub, Shower Over Tub - 1

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Tile
  • Yard/Grounds: Fenced, Sprinklers - Auto, Sprinklers - Lawn
  • Fencing: Wood
  • Construction Type: Stucco

Garage/Parking

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

Utilities

  • Cooling System: Central Ac
  • Heating System: Forced Air
  • Sewer/Septic System: Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Walk-In Closet

Schools

  • School District: Gilroy Unified
  • Elementary School: Luigi Aprea Elementary
  • High School: Christopher High School
  • High School: 2592
  • Elementary School: 281

Lot Info

  • Lot Description: Grade - Mostly Level
  • Lot Acres: 0.1431
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6232.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6232.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2022
Closed on
Sep 13, 2022
Sold by
Salos and Fotini
Bought by
Quibelan Kyle and Quibelan Vanessa
Seller's Agent
Tina Salos
Windermere Valley Properties
Buyer's Agent
Ruth Garcia
Windermere Valley Properties
List Price
$920,000
Sold Price
$900,000
Premium/Discount to List
-$20,000
-2.17%
Current Estimated Value
$988,305

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,305
Avg. Annual Appreciation
3.12%
Original Mortgage
$855,000
Outstanding Balance
$816,060
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$172,245

Purchase Details

Closed on
Sep 19, 2007
Sold by
U S Bank Na
Bought by
Salos Mark and Salos Fotini

Purchase Details

Closed on
May 14, 2007
Sold by
Smith Shirley
Bought by
U S Bank Na

Purchase Details

Closed on
Nov 9, 2005
Sold by
Smith Oscar L
Bought by
Smith Shirley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,000
Interest Rate
5.63%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 10, 2005
Sold by
Smith Shawn G and Smith Melinda E
Bought by
Smith Shirley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,000
Interest Rate
5.63%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 14, 2004
Sold by
Maggiora Michael F and Maggiora Brenda J
Bought by
Smith Shawn G and Smith Melinda E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,500
Interest Rate
7.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 29, 2003
Sold by
Maggiora Michael F
Bought by
Maggiora Michael F and Maggiora Brenda J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
5.83%

Purchase Details

Closed on
May 19, 1994
Sold by
Mckeever Michael E and Wong Stephanie J
Bought by
Maggiora Michael F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
5.62%
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
Quibelan Kyle $900,000 Old Republic Title
Salos Mark $552,000 Fidelity National Default So
U S Bank Na $534,324 Fidelity National
Smith Shirley -- Fidelity National Title
Smith Shirley -- --
Smith Shawn G $525,000 Old Republic Title Company
Maggiora Michael F -- Financial Title Company
Maggiora Michael F $216,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Quibelan Kyle $855,000
Previous Owner Smith Shirley $127,000
Previous Owner Smith Shirley $508,000
Previous Owner Smith Shawn G $472,500
Previous Owner Maggiora Michael F $115,000
Previous Owner Maggiora Michael F $152,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2022 09/28/22 Sold $900,000 -2.2% $566 / Sq Ft
08/26/2022 08/26/22 Pending -- -- --
08/26/2022 08/26/22 For Sale $920,000 -- $579 / 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 $11,370 $936,360 $374,544 $561,816
2024 $11,370 $918,000 $367,200 $550,800
2023 $11,305 $900,000 $360,000 $540,000
2022 $8,639 $683,107 $404,618 $278,489
2021 $8,601 $669,714 $396,685 $273,029
2020 $8,507 $662,848 $392,618 $270,230
2019 $8,429 $649,852 $384,920 $264,932
2018 $7,870 $637,111 $377,373 $259,738
2017 $7,763 $603,000 $357,100 $245,900
2016 $7,326 $569,000 $337,000 $232,000
2015 $6,251 $506,000 $299,700 $206,300
2014 $5,657 $451,000 $267,100 $183,900
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2022

    Tina Salos

    Windermere Valley Properties

    (408) 602-9138

    1 in this area

    10 Total Sales

    Tina Salos
    Section Image
  • Ruth Garcia

    Buyer's Agent in 2022

    Ruth Garcia

    Windermere Valley Properties

    (408) 202-6024

    2 in this area

    33 Total Sales

    Ruth Garcia
    Section Image
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Map

Source: MLSListings

MLS Number: ML81903818

MLSListings

APN: 783-37-019

California Santa Clara County Gilroy 95020 Las Animas

1261 Lerma Ln, Gilroy, CA

This home is located at 1261 Lerma Ln, Gilroy, CA 95020 since 26 August 2022 and is currently estimated at $988,305, approximately $621 per square foot. This property was built in 1986. 1261 Lerma Ln is a home located in Santa Clara County with nearby schools including Luigi Aprea Elementary School, Brownell Middle School, and Solorsano Middle School.

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