NOT LISTED FOR SALE

261 Lewis St Gilroy, CA 95020

Estimated Value: $565,000 - $700,000

2 Beds
2.5 Baths
1,395 Sq Ft
$455/Sq Ft Est. Value

Last Sold December 23, 2013

Last sale price $275,000 $197 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $3,596/month

54 Days on Market

Highlights

  • High Ceiling
  • Bathtub
  • Forced Air Heating System
  • Eat-In Kitchen
  • Walk-in Shower
  • 5-minute walk to San Ysidro Park

About This Home

As of December 2013

Beautiful 2BR/2.5 Baths Below Market Rate (BMR) Condo in Alexander Place for 1st time homebuyer, must be owner occupied, has affordability and resale restrictions with 80% Area Median Income Maximum Limits: 1 Person = $59,400; 2 People = $67,900; 3 People = $67,400; 4 People = $84,900

Last Agent to Sell the Property

Violeta Perez

Neighborhood Housing Services Silicon Valley License #01837105 Listed on: 10/01/2013

Last Buyer's Agent

Violeta Perez

Neighborhood Housing Services Silicon Valley License #01837105 Listed on: 10/01/2013

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2009

Lot Details

  • 1,176

Parking

  • 1 Car Garage

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,395 Sq Ft Home
  • High Ceiling
  • Dining Room

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub
  • Walk-in Shower

Home Security

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 841-83-006

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include roof, common area electricity, common area gas, exterior painting, insurance - common area
  • Alexander Place HOA

Security

  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Year Built

Built in 2009

Lot Details

0

Parking

1

Listing Details

  • Subclass: Townhouse
  • Sale Price Per Sq Ft: 197.13
  • Listing Class: Residential
  • Structure Sq Ft: 1395
  • Incorporated: Yes
  • Map Book Page: 978
  • Map Side Coordinate: 2
  • Map Top Coordinate: A
  • Thomas Bros Page: 978
  • Thomas Brothers: A2
  • Year Built: 2009
  • Zoning Description: CD
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Family Room: No Family Room, No Separate Family Room
  • Dining Room: No Formal Dining Room, Eat in Kitchen
  • Kitchen: Dishwasher, Garbage Disposal, Oven Range
  • Living Sq Ft: 1395
  • Security: Fire System - Sprinkler
  • Maximum Bathrooms: 3
  • Minimum Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Tubs - 1, Stall Shower

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 1

Utilities

  • Heating System: Forced Air

Condo/Co-op/Association

  • HOA Fees: 250
  • HOA Documents: Articles of Incorporation, Bylaws, Budget, Financial Statement, Rules & Regulations
  • Association Fees Include: Roof, Common Area Electricity, Common Area Gas, Exterior Painting, Insurance - Common Area
  • H O A Name Text: Alexander Place HOA
  • Levels In Unit: 3
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: High Ceiling

Lot Info

  • Parcel Number: 841-83-006
  • List Price per Sq Ft: 197.13
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1189.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 1189.00
  • Lot Size Area Min Search: 1189.00
  • Maximum Lot Size: 1189.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Multi Family

  • Maximum Building Height: 3
  • Minimum Building Height: 1

MLS Schools

  • High School District Text: Gilroy Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2010
Sold by
Alexander Place Development Llc
Bought by
Velasquez Karen Elena
Current Estimated Value
$634,635

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Outstanding Balance
$118,816
Interest Rate
4.51%
Mortgage Type
New Conventional
Estimated Equity
$515,819
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Velasquez Karen Elena $260,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velasquez Karen Elena $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2013 12/23/13 Sold $275,000 0.0% $197 / Sq Ft
11/24/2013 11/24/13 Pending -- -- --
11/20/2013 11/20/13 For Sale $275,000 0.0% $197 / Sq Ft
10/21/2013 10/21/13 Pending -- -- --
10/01/2013 10/01/13 For Sale $275,000 -- $197 / 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 $3,251 $270,290 $135,145 $135,145
2024 $3,251 $264,992 $132,496 $132,496
2023 $3,231 $259,798 $129,899 $129,899
2022 $3,176 $254,704 $127,352 $127,352
2021 $3,161 $249,710 $124,855 $124,855
2020 $3,125 $247,150 $123,575 $123,575
2019 $3,095 $242,304 $121,152 $121,152
2018 $2,891 $237,554 $118,777 $118,777
2017 $2,949 $232,898 $116,449 $116,449
2016 $2,882 $228,332 $114,166 $114,166
2015 $2,719 $280,494 $140,247 $140,247
2014 $3,372 $275,000 $137,500 $137,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81336541

MLSListings

APN: 841-83-006