NOT LISTED FOR SALE

2395 Ric Dr Gilroy, CA 95020

Estimated Value: $3,092,000 - $4,373,000

6 Beds
5 Baths
4,286 Sq Ft
$845/Sq Ft Est. Value

Last Sold November 24, 2021

Last sale price $3,500,000 $817 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $22,734/month

Highlights

  • Private Pool
  • Fireplace in Primary Bedroom
  • 6 Car Garage
  • Christopher High School Rated A-
  • Formal Dining Room
  • Open to Family Room

About This Home

As of November 2021

A Corporate Retreat, Family Compound, or simply a magnificent place to call home. You decide. Sited on nearly 2.5 manicured acres, it all begins with a gorgeous single story main house, a sparkling in-ground Pool, a Pool House with full bath and wet bar, an Outdoor Kitchen with grand Outdoor Fireplace, a cozy Fire Pit, built-in Pizza oven, Bocce Ball Court and not one, but two Horseshoe Pits. But that's only where this love story begins... Two guest houses, a Loft Game Room with full bar, and Garages for six (6) cars. An incredible fully fitted gym, complete with full bath and Massage Room. You'll enjoy raised garden beds, fruit trees and a charming green house. Manicured grounds with meandering paths, an owned Solar System, and plenty of room to park the RVs, which is easily accessible and out of sight. You couldn't begin to build this magnificent estate for the money, and I assure you, you'll not find anything like it. Isn't it time you loved where you live?

Last Agent to Sell the Property

Joanne McPhee

Coldwell Banker Realty License #01713548 Listed on: 10/28/2021

Coldwell Banker Realty

Last Buyer's Agent

Loren Burks

Compass License #01207245

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $44,178

Year Built

  • 1988

Lot Details

  • 2.32 Acre Lot
  • Property is Fully Fenced
  • Level Lot

Parking

  • 6 Car Garage
  • Electric Gate
  • Guest Parking

Home Design

  • Composition Roof

Interior Spaces

  • 4,286 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • 5 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Crawl Space
  • Open to Family Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom
  • 5 Full Bathrooms

Outdoor Features

  • Private Pool
  • Outdoor Fireplace

Utilities

  • Forced Air Heating and Cooling System
  • Shared Well
  • Septic Tank

Additional Features

  • Solar owned by seller
  • Horses Potentially Allowed on Property

Home Details

Home Type

Single Family

Est. Annual Taxes

$44,178

Year Built

1988

Lot Details

0

Parking

6

Listing Details

  • Zoning: A-20A
  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 4286
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1988

Interior Features

  • Family Room: Kitchen / Family Room Combo, Separate Family Room
  • Fireplace: Family Room, Living Room, Outside, Primary Bedroom
  • Dining Room: Formal Dining Room
  • Fireplace: Yes
  • Living Sq Ft: 4286
  • Stories: 1
  • Fireplaces Min: 5
  • Full Bathrooms: 5
  • Total Bedrooms: 6

Exterior Features

  • Foundation: Crawl Space
  • Pool Description: Yes
  • Roof: Composition
  • Horse Property: Possible
  • Fencing: Complete Perimeter
  • Pool: Cabana / Dressing Room, Pool / Spa Combo

Garage/Parking

  • Garage Spaces: 6
  • Parking Spaces: 6
  • Garage Parking Features: Attached Garage, Detached Garage, Electric Gate, Guest / Visitor Parking

Utilities

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

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 2.3214
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 101122.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 101122.00

Multi Family

  • Utilities: Solar Panels - Owned
  • Second Unit Description: 2 Guest Houses

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2021
Closed on
Nov 10, 2021
Sold by
Renzulli Carmine and Renzulli Brenda
Bought by
Mortisen Derek and Hessling Renee
Seller's Agent
Joanne McPhee
Coldwell Banker Realty
Buyer's Agent
Loren Burks
Compass
List Price
$3,499,000
Sold Price
$3,500,000
Premium/Discount to List
$1,000
0.03%
Current Estimated Value
$3,621,879

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,879
Avg. Annual Appreciation
0.87%
Original Mortgage
$2,623,000
Outstanding Balance
$2,405,524
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$1,216,355

Purchase Details

Listed on
Feb 2, 2015
Closed on
Jul 6, 2015
Sold by
Oabata Thomas J
Bought by
Rensulli 2000 Revocable Trust
Seller's Agent
Dan Gluhaich
Intero Real Estate Services
Buyer's Agent
Teri Nelson
Intero Real Estate Services
List Price
$2,495,000
Sold Price
$2,400,000
Premium/Discount to List
-$95,000
-3.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.09%
Original Mortgage
$650,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 2013
Sold by
Obata Thomas
Bought by
Obata Thomas J

Purchase Details

Closed on
Dec 29, 2011
Sold by
Obata Valerie
Bought by
Obata Thomas J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$835,000
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 8, 2007
Sold by
Obata Thomas J
Bought by
Obata Thomas J

Purchase Details

Closed on
Apr 3, 2002
Sold by
Obata Thomas J and Obata Eileen M
Bought by
Obata Thomas J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$561,422
Interest Rate
7.13%
Mortgage Type
Seller Take Back
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
Mortisen Derek $3,500,000 Old Republic Title Company
Rensulli 2000 Revocable Trust $240,000 Stewart Title Of California
Obata Thomas J -- Old Republic Title Company
Obata Thomas J -- Old Republic Title Company
Obata Thomas J -- None Available
Obata Thomas J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mortisen Derek $2,623,000
Previous Owner Rensulli 2000 Revocable Trust $650,000
Previous Owner Obata Thomas J $835,000
Previous Owner Obata Thomas J $561,422
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/24/2021 11/24/21 Sold $3,500,000 0.0% $817 / Sq Ft
10/28/2021 10/28/21 Pending -- -- --
10/28/2021 10/28/21 For Sale $3,499,000 +45.8% $816 / Sq Ft
07/10/2015 07/10/15 Sold $2,400,000 -3.8% $284 / Sq Ft View Prior Sale
06/10/2015 06/10/15 Pending -- -- --
02/02/2015 02/02/15 For Sale $2,495,000 -- $295 / 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 $44,178 $3,714,228 $2,122,416 $1,591,812
2024 $44,178 $3,641,400 $2,080,800 $1,560,600
2023 $43,860 $3,570,000 $2,040,000 $1,530,000
2022 $43,167 $3,500,000 $2,000,000 $1,500,000
2021 $32,833 $2,624,748 $1,749,832 $874,916
2020 $32,434 $2,597,835 $1,731,890 $865,945
2019 $32,110 $2,546,898 $1,697,932 $848,966
2018 $29,816 $2,496,960 $1,664,640 $832,320
2017 $30,460 $2,448,000 $1,632,000 $816,000
2016 $29,858 $2,400,000 $1,600,000 $800,000
2015 $11,549 $968,681 $238,484 $730,197
2014 -- $949,707 $233,813 $715,894
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81866969

MLSListings

APN: 835-24-085