NOT LISTED FOR SALE

1650 Salem Ave Gilroy, CA 95020

Las Animas Neighborhood

Estimated Value: $1,195,000 - $1,609,000

3 Beds
2 Baths
2,280 Sq Ft
$608/Sq Ft Est. Value

Last Sold December 12, 2016

Last sale price $840,000 $368 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $8,208/month

231 Days on Market

Highlights

  • 1.66 Acre Lot
  • Wood Flooring
  • Formal Dining Room
  • Christopher High School Rated A-
  • Granite Countertops
  • 2 Car Attached Garage

About This Home

As of December 2016

Back on the market, priced to sell! Tucked on a quiet, close-knit street on Gilroy's scenic west side, this beautifully remodeled home is looking for a new family! Private with land for hobbies/interests, this wonderful property should move quickly.

Last Agent to Sell the Property

Sean Dinsmore

Intero Real Estate Services License #01966405 Listed on: 03/30/2016

Intero Real Estate Services

Co-Listed By

Marta Dinsmore

Intero Real Estate Services License #01352339

Last Buyer's Agent

Lori Ferrito

Coldwell Banker Realty License #01769602

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1972

Lot Details

  • 1.66 Acre Lot
  • Gentle Sloping Lot
  • Zoning described as RR

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof

Interior Spaces

  • 2,280 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Separate Family Room
  • Formal Dining Room
  • Wood Flooring
  • Crawl Space

Kitchen

  • Breakfast Bar
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Horse Facilities and Amenities

  • Horses Potentially Allowed on Property

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Propane
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 783-15-042

Home Details

Home Type

Single Family

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 2280
  • Year Built: 1972
  • Zoning Description: RR
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Dining Room: Breakfast Bar, Dining Area, Formal Dining Room
  • Kitchen: Countertop - Granite
  • Living Sq Ft: 2280
  • Stories: 1
  • Flooring: Hardwood
  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Crawl Space
  • Roof: Composition
  • Horse Property: Possible

Garage/Parking

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

Utilities

  • Cooling System: Ceiling Fan, Central AC
  • Heating System: Central Forced Air
  • Sewer/Septic System: Septic Standard

Lot Info

  • Lot Description: Grade - Gently Sloped
  • Parcel Number: 783-15-042
  • Lot Acres: 1.6600
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 72309.60
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 72309.60

Multi Family

  • Utilities: Individual Electric Meters, Propane On Site

MLS Schools

  • High School District Text: Gilroy Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2016
Closed on
Dec 6, 2016
Sold by
Hopkins John I and Byrd Patricia A
Bought by
Ferrito Michael J and Ferrito Tiffany
Seller's Agent
Sean Dinsmore
Intero Real Estate Services
Buyer's Agent
Lori Ferrito
Coldwell Banker Realty
List Price
$849,000
Sold Price
$840,000
Premium/Discount to List
-$9,000
-1.06%
Current Estimated Value
$1,385,173

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$545,173
Avg. Annual Appreciation
5.66%
Original Mortgage
$672,000
Outstanding Balance
$538,055
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$847,118

Purchase Details

Closed on
Apr 5, 2012
Sold by
Byrd Patricia A and Hopkins John I
Bought by
Hopkins John I and Byrd Patricia A

Purchase Details

Closed on
May 26, 2004
Sold by
Lopez Jesse and Lopez Anita
Bought by
Hopkins John I and Byrd Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$552,885
Interest Rate
4.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 20, 2002
Sold by
Marable Kelly Ramsey
Bought by
Lopez Jesse and Razo Anita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 3, 1999
Sold by
Jones Fred A and Jones Catherine L
Bought by
Jones Fred A and Jones Catherine L

Purchase Details

Closed on
May 19, 1998
Sold by
Jones Fred A and Jones Catherine L
Bought by
Jones Fred A and Jones Catherine L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
7.13%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ferrito Michael J $840,000 Chicago Title Company
Hopkins John I -- None Available
Byrd Patricia A -- None Available
Hopkins John I $615,000 Old Republic Title Company
Lopez Jesse $410,000 Chicago Title Co
Jones Fred A -- --
Jones Fred A -- --
Jones Fred A -- American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferrito Michael J $672,000
Previous Owner Hopkins John I $552,885
Previous Owner Lopez Jesse $328,000
Previous Owner Jones Fred A $45,000
Closed Lopez Jesse $61,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/12/2016 12/12/16 Sold $840,000 -1.1% $368 / Sq Ft
11/17/2016 11/17/16 Pending -- -- --
03/30/2016 03/30/16 For Sale $849,000 -- $372 / 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 $11,665 $974,887 $389,955 $584,932
2024 $11,665 $955,772 $382,309 $573,463
2023 $11,580 $937,032 $374,813 $562,219
2022 $11,372 $918,660 $367,464 $551,196
2021 $11,320 $900,648 $360,259 $540,389
2020 $11,182 $891,413 $356,565 $534,848
2019 $11,070 $873,935 $349,574 $524,361
2018 $10,284 $856,800 $342,720 $514,080
2017 $10,501 $840,000 $336,000 $504,000
2016 $11,050 $885,096 $295,452 $589,644
2015 $10,398 $871,802 $291,015 $580,787
2014 $10,270 $854,726 $285,315 $569,411
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2016

    Sean Dinsmore

    Intero Real Estate Services

    Section Image

  • M

    Seller Co-Listing Agent in 2016

    Marta Dinsmore

    Intero Real Estate Services

    Section Image
  • Lori Ferrito

    Buyer's Agent in 2016

    Lori Ferrito

    Coldwell Banker Realty

    (408) 529-6166

    17 Total Sales

    Lori Ferrito
    Section Image
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Map

Source: MLSListings

MLS Number: ML81628102

MLSListings

APN: 783-15-042

California Santa Clara County Gilroy 95020 Las Animas

1650 Salem Ave, Gilroy, CA

Not Listed for Sale

Detached

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