$265,000
SOLD FEB 18, 2016
0.64 Acre
$414,062 Price per Acre
27,878 Sq Ft Lot

Recently Sold

24% Below List Price

331 Days on Market

Highlights

  • City Lights View
  • Christopher High School Rated A-
  • 0.64 Acre Lot

About This Lot

As of September 2020

LOT #62 Huge price reduction!! Beautiful home lots available for your new custom home or spec home! Views of City and surrounding mountains. Conveniently located to local schools, freeway access, and city center such as Gilroy Gardens and Gilroy Premium Outlets. Located in the "northwest quad" area of Gilroy in Country Estates Phase III. Carmel, Monterey & San Jose within one hour of Gilroy.

Last Agent to Sell the Property

Marta Dinsmore

Intero Real Estate Services License #01352339 Listed on: 02/01/2015

Intero Real Estate Services

Last Buyer's Agent

Marta Dinsmore

Intero Real Estate Services License #01352339 Listed on: 02/01/2015

Intero Real Estate Services

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $26,257

Property Views

  • City Lights
  • Mountain
  • Valley

Additional Features

  • 0.64 Acre Lot
  • Gas Available at Street

Community Details

Overview

  • Association fees include maintenance - common area
  • Country Estates Association

Recreation

  • Electricity Available at Street

Property Details

Property Type

Land

Est. Annual Taxes

$26,257

Lot Details

0

Listing Details

  • Zoning: R1
  • Subclass: Residential Lot
  • Listing Class: Residential Lots & Land
  • Present Use: Vacant
  • Development Status: Public Report Available
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: City Lights, Mountains, Valley

Utilities

  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 78
  • Association Fees Include: Maintenance - Common Area
  • HOA Exist: Yes
  • H O A Name Text: Country Estates

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 Description: Views
  • Lot Acres: 0.6400
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 27878.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 27878.00
  • Parcel Access: Paved Road, Private Road

Multi Family

  • Utilities: Electricity - Available At Street, Gas - Available At Street

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 27, 2022
Sold by
Hertel Justin Marc
Bought by
Justin Marc Hertel 2022 Living Trust
Current Estimated Value
$2,559,370

Purchase Details

Listed on
Jun 16, 2020
Closed on
Sep 2, 2020
Sold by
The Suner Corporation
Bought by
Hertel Justin Marc
Seller's Agent
Julie Bruns
Coldwell Banker Realty
Buyer's Agent
Katie Figueroa
Coldwell Banker Realty
List Price
$2,088,850
Sold Price
$2,000,000
Premium/Discount to List
-$88,850
-4.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.61%
Original Mortgage
$1,600,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2019
Sold by
Mighani Fahad and Fahad Mighani Trust
Bought by
The Suner Corporation and The James Group

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,170,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 10, 2018
Sold by
Suner James
Bought by
The Suner Corporation and The James Group

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Feb 1, 2015
Closed on
Feb 11, 2016
Sold by
Wells Fargo Bank Na
Bought by
Suner James
Seller's Agent
Marta Dinsmore
Intero Real Estate Services
Buyer's Agent
Marta Dinsmore
Intero Real Estate Services
List Price
$350,000
Sold Price
$265,000
Premium/Discount to List
-$85,000
-24.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.39%

Purchase Details

Closed on
Apr 6, 2011
Sold by
Gilroy Country Oaks Estates Llc
Bought by
Wells Fargo Bank N A and Coast Commercial Bank
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 Type Sale Price Title Company
Deed -- --
Grant Deed $2,000,000 Old Republic Title Company
Quit Claim Deed -- Old Republic Title Company
Grant Deed $750,000 First American Title Co
Grant Deed $265,000 First American Title Company
Trustee Deed $5,662,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,600,000 New Conventional
Previous Owner $1,170,000 New Conventional
Previous Owner $750,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2020 09/15/20 Sold $2,000,000 -4.3% $457 / Sq Ft
07/17/2020 07/17/20 Pending -- -- --
06/16/2020 06/16/20 For Sale $2,088,850 +688.2% $477 / Sq Ft
02/18/2016 02/18/16 Sold $265,000 -24.3% --
12/29/2015 12/29/15 Pending -- -- --
02/01/2015 02/01/15 For Sale $350,000 -- --
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
2024 $26,257 $2,134,615 $636,724 $1,497,891
2023 $25,959 $2,080,800 $624,240 $1,456,560
2022 $25,538 $2,040,000 $612,000 $1,428,000
2021 $25,433 $2,000,000 $600,000 $1,400,000
2020 $19,133 $1,503,200 $316,200 $1,187,000
2019 $7,910 $609,160 $310,000 $299,160
2018 $7,085 $574,866 $275,706 $299,160
2017 $3,541 $270,300 $270,300 $0
2016 $2,157 $162,338 $162,338 $0
2015 $1,984 $159,900 $159,900 $0
2014 $1,971 $156,768 $156,768 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81448933

MLSListings

APN: 783-72-062