NOT LISTED FOR SALE

148 W 8th St Gilroy, CA 95020

Estimated Value: $753,000 - $993,000

6 Beds
4 Baths
2,037 Sq Ft
$421/Sq Ft Est. Value

Last Sold June 10, 2021

Last sale price $820,000 $403 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $5,345/month

6 Days on Market

Highlights

  • Eat-In Kitchen
  • Separate Family Room
  • 1-Story Property
  • Forced Air Heating System

About This Home

As of June 2021

Great deal in Downtown Gilroy! TWO separate Single Family Houses on one large lot. Great for an extended family compound or live in one home while renting out the other. Front house is approximately 700 SF and is 2 Bd/1.5 Ba with eat in kitchen and built in 1962. A stand alone garage separates front house from the main rear house. Main rear home is approximately 1300 SF and has 4 Bd/1.5 Ba. Both homes have deferred maintenance but both have good bones structurally. Property has mature Walnut and Fig trees which produce every season. Rear house is currently vacant, tenants in front house have until May 2021 to remain on property. Property is walking distance to Caltrain Station and other great restaurants and retail. Less than 5 minute drive to Costco and Walmart Supercenters and less than 10 minutes to Gilroy Outlets. Adjacent 8-Unit Property also for sale with Listing Agent. All offers will be considered.

Last Agent to Sell the Property

Kelly De La Torre

Losness Investment Real Estate Corp License #02007167 Listed on: 03/05/2021

Last Buyer's Agent

Kelly De La Torre

Losness Investment Real Estate Corp License #02007167 Listed on: 03/05/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,110

Year Built

  • 1925

Lot Details

  • 8,904 Sq Ft Lot

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,037 Sq Ft Home
  • 1-Story Property
  • Separate Family Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 6 Bedrooms

Parking

  • 6 Parking Spaces
  • On-Street Parking
  • Uncovered Parking

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Individual Gas Meter

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,110

Year Built

1925

Lot Details

0

Listing Details

  • Zoning: R3
  • Subclass: Single Family Home
  • Age: 96
  • Listing Class: Residential
  • Structure Sq Ft: 2037
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1925

Interior Features

  • Family Room: Separate Family Room
  • Dining Room: Eat In Kitchen
  • Living Sq Ft: 2037
  • Stories: 1
  • Maximum Numberof Bedrooms: 6
  • Minimum Numberof Bedrooms: 6
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 6

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition

Garage/Parking

  • Parking Spaces: 6
  • Garage Parking Features: On Street, Uncovered Parking

Utilities

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

Schools

  • School District: Gilroy Unified

Lot Info

  • Lot Acres: 0.2044
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8905.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8905.00

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2021
Closed on
May 25, 2021
Sold by
Gonzales Edward D and De La Torre
Bought by
Nsms Properties Llc
Seller's Agent
Kelly De La Torre
Losness Investment Real Estate Corp
Buyer's Agent
Kelly De La Torre
Losness Investment Real Estate Corp
List Price
$808,000
Sold Price
$820,000
Premium/Discount to List
$12,000
1.49%
Current Estimated Value
$858,513

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,513
Avg. Annual Appreciation
1.05%
Original Mortgage
$500,000
Outstanding Balance
$451,701
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$406,812

Purchase Details

Closed on
Feb 11, 2020
Sold by
Gonzales Edward D and Gonzales Family Trust
Bought by
Gonzales Edward D and Gonzales Edward
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
Nsms Properties Llc $820,000 Cornerstone Title Company
Gonzales Edward D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nsms Properties Llc $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2021 06/10/21 Sold $820,000 +1.5% $403 / Sq Ft
03/12/2021 03/12/21 Pending -- -- --
03/05/2021 03/05/21 For Sale $808,000 -- $397 / 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 $10,110 $887,592 $355,037 $532,555
2024 $10,110 $815,000 $315,000 $500,000
2023 $9,381 $745,000 $298,000 $447,000
2022 $10,791 $836,400 $334,560 $501,840
2021 $6,690 $518,607 $272,952 $245,655
2020 $763 $50,281 $20,250 $30,031
2019 $985 $49,296 $19,853 $29,443
2018 $712 $48,330 $19,464 $28,866
2017 $723 $47,383 $19,083 $28,300
2016 $773 $46,455 $18,709 $27,746
2015 $769 $45,758 $18,428 $27,330
2014 $744 $44,863 $18,068 $26,795
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2021

    Kelly De La Torre

    Losness Investment Real Estate Corp

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Map

Source: MLSListings

MLS Number: ML81832801

MLSListings

APN: 799-10-015

California Santa Clara County Gilroy 95020

148 W 8th St, Gilroy, CA

This home is located at 148 W 8th St, Gilroy, CA 95020 since 05 March 2021 and is currently estimated at $858,513, approximately $421 per square foot. This property was built in 1925. 148 W 8th St is a home located in Santa Clara County with nearby schools including Glen View Elementary School, Solorsano Middle School, and Gilroy High School.

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