NOT LISTED FOR SALE

1520 Rosette Way Gilroy, CA 95020

Estimated Value: $668,448 - $761,000

3 Beds
2 Baths
1,293 Sq Ft
$541/Sq Ft Est. Value

Last Sold August 05, 2022

Last sale price $670,000 $518 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,595/month

73 Days on Market

Highlights

  • Gated with Attendant
  • Below Market Rate Unit
  • Clubhouse
  • Active Adult
  • Two Primary Bedrooms
  • Vaulted Ceiling

About This Home

As of August 2022

Welcome Home to own your own piece of heaven. This is a single residential home in a 62+ Senior community with 3 Bedrooms 2 full Baths, both with double sinks. A beautiful location at the base of the Santa Cruz mountains in the Southwestern area of Gilroy near Eagle Ridge, This beautiful home is filled with sunlight and has pristine walking pathways which leads through the complex. There is one master bedroom suite downstairs and 2 bedroom upstairs. Must see to appreciate. This home is currently under the Below Market Rate program with the City of Gilroy and has been approved to sell out of program. Release of Resale Restriction and City of Gilroy Deed of Trust will record concurrently with transaction. NO EXCEPTIONS.

Last Agent to Sell the Property

Leonette Stafford

Realty World People to People License #01788834 Listed on: 05/17/2022

Realty World People to People

Last Buyer's Agent

Tanya Spalanzani

Compass License #02091162

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,840

Year Built

  • 2003

Lot Details

  • 1,176 Sq Ft Lot
  • East Facing Home
  • Back Yard Fenced
  • Level Lot
  • Grass Covered Lot

HOA Fees

  • $242 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Guest Parking
  • On-Street Parking

Property Views

  • Park or Greenbelt
  • Neighborhood

Home Design

  • Cottage
  • Slab Foundation
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,293 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Double Pane Windows
  • Combination Dining and Living Room
  • Security Gate
  • Washer and Dryer

Kitchen

  • Breakfast Bar
  • Self-Cleaning Oven
  • Gas Cooktop
  • Microwave
  • Ice Maker

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Double Master Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Dual Sinks

Outdoor Features

  • Balcony
  • Barbecue Area

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Connection Less Than 500 Feet Away

Listing and Financial Details

  • Below Market Rate Unit

Community Details

Overview

  • Active Adult
  • Association fees include common area electricity, insurance - common area, landscaping / gardening, maintenance - common area, pool spa or tennis, reserves, security service
  • Village Green Senior Community Association

Recreation

  • Community Pool

Additional Features

  • Clubhouse
  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,840

Year Built

2003

Lot Details

0

HOA Fees

$242 per month

Parking

1

Listing Details

  • Zoning: A140
  • Subclass: Single Family Home
  • Style: Cottage
  • Restrictions: Below Market Rate Unit, Pets - Allowed, Pets - Rules, Senior Community (62+)
  • Age: 19
  • Listing Class: Residential
  • Structure Sq Ft: 1293
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2003

Interior Features

  • Family Room: No Family Room
  • Dining Room: Breakfast Bar, Dining Area In Living Room
  • Kitchen: Cooktop - Gas, Ice Maker, Microwave, Oven - Self Cleaning, Pantry, Refrigerator
  • Living Sq Ft: 1293
  • Stories: 2
  • Security: Security Gate With Guard
  • Bedrooms: Ground Floor Bedroom, More Than One Primary Bedroom, Walk-In Closet
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Laminate, Tile, Vinyl / Linoleum
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Full On Ground Floor

Exterior Features

  • Foundation: Concrete Perimeter, Concrete Slab
  • Roof: Composition
  • View: Greenbelt, Neighborhood
  • Yard/Grounds: Balcony / Patio, Bbq Area, Fenced, Low Maintenance
  • Fencing: Fenced Back
  • Property Faces: East
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Attached Garage, Gate / Door Opener, Guest / Visitor Parking, On Street

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer Connections - Less Than 500 Feet Away

Condo/Co-op/Association

  • Complex Name: Village Green Senior Community
  • HOA Fees: 242
  • HOA Amenities: Club House, Community Pool, Community Security Gate
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Insurance - Common Area, Landscaping / Gardening, Maintenance - Common Area, Pool, Spa, Or Tennis, Reserves, Security Service
  • HOA Exist: Yes
  • H O A Name Text: Village Green Senior Community

Association/Amenities

  • Amenities Miscellaneous: Security Gate, Vaulted Ceiling

Schools

  • School District: Gilroy Unified

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.0270
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1175.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1175.00

Green Features

  • Energy Features: Double Pane Windows

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2022
Closed on
Aug 1, 2022
Sold by
Johnson Rita M
Bought by
Hoffmann Cynthia H
Seller's Agent
Leonette Stafford
Realty World People to People
Buyer's Agent
Tanya Spalanzani
Compass
List Price
$669,999
Sold Price
$670,000
Premium/Discount to List
$1
0.0%
Views
2
Current Estimated Value
$699,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,862
Avg. Annual Appreciation
1.39%
Original Mortgage
$600,000
Outstanding Balance
$574,970
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$124,892

Purchase Details

Listed on
Nov 16, 2015
Closed on
Feb 23, 2016
Sold by
Mori June K
Bought by
Johnson Rita M
Seller's Agent
Alan Obata
Deonna Essary, Broker
Buyer's Agent
Leonette Stafford
Realty World People to People
List Price
$409,000
Sold Price
$390,000
Premium/Discount to List
-$19,000
-4.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.84%

Purchase Details

Closed on
Apr 1, 2004
Sold by
Village Green Cottages Llc
Bought by
Mori June K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,676
Interest Rate
4.37%
Mortgage Type
Negative Amortization
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
Hoffmann Cynthia H $670,000 First American Title
Johnson Rita M $390,000 Old Republic Title Company
Mori June K $288,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoffmann Cynthia H $600,000
Previous Owner Mori June K $172,676
Closed Johnson Rita M $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/05/2022 08/05/22 Sold $670,000 +0.8% $518 / Sq Ft
07/29/2022 07/29/22 Pending -- -- --
06/21/2022 06/21/22 Price Changed $664,999 -0.7% $514 / Sq Ft
05/17/2022 05/17/22 For Sale $669,999 +71.8% $518 / Sq Ft
03/16/2016 03/16/16 Sold $390,000 -2.3% $302 / Sq Ft View Prior Sale
01/14/2016 01/14/16 Pending -- -- --
12/30/2015 12/30/15 Price Changed $399,000 -2.4% $309 / Sq Ft
11/16/2015 11/16/15 For Sale $409,000 -- $316 / 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 $7,840 $675,000 $337,500 $337,500
2024 $7,840 $640,000 $320,000 $320,000
2023 $7,949 $640,000 $320,000 $320,000
2022 $5,422 $435,048 $217,524 $217,524
2021 $5,397 $426,518 $213,259 $213,259
2020 $5,338 $422,146 $211,073 $211,073
2019 $5,287 $413,870 $206,935 $206,935
2018 $4,936 $405,756 $202,878 $202,878
2017 $5,039 $397,800 $198,900 $198,900
2016 $4,370 $345,642 $126,106 $219,536
2015 $4,122 $340,451 $124,212 $216,239
2014 $4,096 $333,783 $121,779 $212,004
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81891192

MLSListings

APN: 810-69-012