NOT LISTED FOR SALE

Estimated Value: $1,195,000 - $1,298,000

4 Beds
2.5 Baths
2,019 Sq Ft
$609/Sq Ft Est. Value

Last Sold June 12, 2020

Last sale price $883,000 $437 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $7,488/month

61 Days on Market

Highlights

  • Private Pool
  • Mountain View
  • High Ceiling
  • Christopher High School Rated A-
  • Wood Flooring
  • Breakfast Area or Nook

About This Home

As of June 2020

Beautiful home in sought-after NW quadrant of Gilroy. Colony Way is a coveted street with a sense of close-knit community. Enjoy the feel of privacy in this cul-de-sac location with no rear neighbors. Immaculate and well-cared home with lots of natural light and high ceilings. Open concept floor plan perfect for entertaining with an easy transition to the gorgeous backyard with sparkling pool and spa. Large, open kitchen has new stainless steel ovens, gas cooktop and dishwasher. The adjoining family room features a gas log fireplace. Rich, dark-stained hardwood floors throughout the first level. Other features include new carpeting, plantation shutters, indoor laundry. 2-car garage with built-in cabinets. No HOA. Desirable schools: Luigi Aprea Elem, Brownell Middle and Christopher HS. Close to Gilroy Gardens, wineries, golf, walking paths. Want to hit the beach? Only 30 minutes over Hecker Pass will get you there!

Last Agent to Sell the Property

Gretchen Merrick

Intero Real Estate Services License #01317499 Listed on: 03/08/2020

Intero Real Estate Services

Last Buyer's Agent

Kathi Hammill

Compass License #00797165

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,637

Year Built

  • 1996

Lot Details

  • 6,970

Parking

  • 2 Car Attached Garage

Property Views

  • Mountain
  • Neighborhood

Home Design

  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,019 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Gas Log Fireplace
  • Combination Dining and Living Room
  • Laundry in Utility Room

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Breakfast Bar
  • Built-In Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • Dual Sinks
  • Bathtub with Shower
  • Walk-in Shower

Additional Features

  • Private Pool
  • Forced Air Heating and Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,637

Year Built

1996

Lot Details

0

Parking

2

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Age: 24
  • Listing Class: Residential
  • Structure Sq Ft: 2019
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1996

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Gas Log
  • Dining Room: Breakfast Bar, Breakfast Nook, Dining Area In Living Room
  • Kitchen: Cooktop - Gas, Countertop - Tile, Dishwasher, Garbage Disposal, Island, Microwave, Oven - Built-In, Pantry
  • Fireplace: Yes
  • Living Sq Ft: 2019
  • Stories: 2
  • Bedrooms: Walk-In Closet
  • Laundry: In Utility Room, Inside
  • Flooring: Carpet, Hardwood, Tile
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Half On Ground Floor, Primary - Stall Shower(s), Shower Over Tub - 1, Tub In Primary Bedroom

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Pool Description: Yes
  • Roof: Tile
  • View: Mountains, Neighborhood
  • Pool: Pool - In Ground, Spa - In Ground

Garage/Parking

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

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Walk-In Closet

Schools

  • School District: Gilroy Unified
  • Elementary School: Luigi Aprea Elementary
  • Middle School: Brownell Middle
  • High School: Christopher High School
  • High School: 2592
  • Elementary School: 281
  • Middle School: 268

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7096.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7096.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2020
Closed on
Jun 3, 2020
Sold by
Porras Mike and Porras Jayne Riley
Bought by
Ferrari Gabriella D and Trozzo Michael H
Seller's Agent
Gretchen Merrick
Intero Real Estate Services
Buyer's Agent
Kathi Hammill
Compass
List Price
$884,999
Sold Price
$883,000
Premium/Discount to List
-$1,999
-0.23%
Current Estimated Value
$1,229,383

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$346,383
Avg. Annual Appreciation
6.38%
Original Mortgage
$662,250
Outstanding Balance
$587,034
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$642,349

Purchase Details

Closed on
Aug 9, 2005
Sold by
Porras Mike and Porras Jayne Riley
Bought by
Porras Mike and Porras Jayne Riley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,000
Interest Rate
5.16%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 26, 2001
Sold by
Riley Jayne and Power Jayne L
Bought by
Porras Mike and Riley Jayne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$291,000
Interest Rate
7.76%

Purchase Details

Closed on
Nov 6, 1996
Sold by
140 Gilroy Associates Lp
Bought by
Power Jayne L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,350
Interest Rate
4.95%
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
Ferrari Gabriella D $883,000 Chicago Title Company
Porras Mike -- Chicago Title
Porras Mike $145,500 Commonwealth Land Title Co
Power Jayne L $299,500 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferrari Gabriella D $662,250
Previous Owner Porras Mike $415,000
Previous Owner Porras Mike $291,000
Previous Owner Power Jayne L $240,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/12/2020 06/12/20 Sold $883,000 -0.2% $437 / Sq Ft
05/09/2020 05/09/20 Pending -- -- --
04/29/2020 04/29/20 For Sale $884,999 0.0% $438 / Sq Ft
04/29/2020 04/29/20 Price Changed $884,999 +0.7% $438 / Sq Ft
04/08/2020 04/08/20 Pending -- -- --
03/08/2020 03/08/20 For Sale $879,000 -- $435 / 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 $11,637 $965,685 $386,274 $579,411
2024 $11,637 $946,750 $378,700 $568,050
2023 $11,568 $928,187 $371,275 $556,912
2022 $11,378 $909,989 $363,996 $545,993
2021 $11,327 $892,147 $356,859 $535,288
2020 $6,131 $481,884 $186,147 $295,737
2019 $6,073 $472,437 $182,498 $289,939
2018 $5,670 $463,174 $178,920 $284,254
2017 $5,788 $454,093 $175,412 $278,681
2016 $5,668 $445,190 $171,973 $273,217
2015 $5,347 $438,504 $169,390 $269,114
2014 $5,312 $429,915 $166,072 $263,843
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81785909

MLSListings

APN: 783-38-054