NOT LISTED FOR SALE

2740 Ferguson Rd Gilroy, CA 95020

Estimated Value: $702,561

9.63 Acres
$72,977 Price per Acre
419,356 Sq Ft Lot

Last Sold January 08, 2020

Last sale price $680,000

Est. 3% increase in value since last sale

Current estimated payment $3,826/month

11 Days on Market

About This Lot

As of January 2020

Located 3 miles from Highway 101, Costco, Best Buy, Walmart etc. Land is mostly flat with excellent soil. a huge (5,267 SF) new two story house at 2736 Ferguson was built next door. Local architect and builder are available.

Last Agent to Sell the Property

Jack Liu

Star Realty License #01338342 Listed on: 11/16/2019

Last Buyer's Agent

Judy Chen

Infiniti Real Estate License #01801281

Property Details

Property Type

  • Land

Lot Details

  • 9.63 Acre Lot
  • Mostly Level

Additional Features

  • Electricity Less than 500 Feet Away
  • Agricultural

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Zoning: AW
  • Subclass: Agriculture/Ranch Land
  • Listing Class: Residential Lots & Land
  • Present Use: Agricultural
  • Special Features: None
  • Property Sub Type: LotsLands

Lot Info

  • Lot Description: Agricultural Use, Grade - Mostly Level
  • Lot Acres: 9.6271
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 419357.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 419357.00
  • Parcel Access: Accessible

Multi Family

  • Utilities: Electricity - Less Than 500 Feet Away

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2019
Closed on
Dec 20, 2019
Sold by
Shi Yanmin
Bought by
Chen Joe J and Kuang Shu Zhen
Seller's Agent
Jack Liu
Star Realty
Buyer's Agent
Judy Chen
Infiniti Real Estate
List Price
$720,000
Sold Price
$680,000
Premium/Discount to List
-$40,000
-5.56%
Current Estimated Value
$702,561

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,561
Avg. Annual Appreciation
0.64%
Original Mortgage
$380,000
Outstanding Balance
$254,729
Interest Rate
3.1%
Mortgage Type
Commercial
Estimated Equity
$451,971

Purchase Details

Listed on
May 18, 2015
Closed on
Jul 26, 2016
Sold by
Tavakoli Ghassem and Tavakoli Simindokht
Bought by
Shi Yanmin
Seller's Agent
Rick Chehab Chehab
American West Properties
Buyer's Agent
Jack Liu
Star Realty
List Price
$500,000
Sold Price
$450,000
Premium/Discount to List
-$50,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.75%
Original Mortgage
$315,000
Interest Rate
3.54%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 19, 2000
Sold by
Tavakoli Ghassem and Tavakoli Simindokht
Bought by
Tavakoli Ghassem and Tavakoli Simindokht
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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Purchase History

Date Buyer Sale Price Title Company
Chen Joe J $680,000 Fidelity National Title Co
Shi Yanmin $450,000 Fidelity National Title Co
Tavakoli Ghassem -- --
Tavakoli Ghassem -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Joe J $380,000
Previous Owner Shi Yanmin $315,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/08/2020 01/08/20 Sold $680,000 -5.6% --
11/28/2019 11/28/19 Pending -- -- --
11/16/2019 11/16/19 For Sale $720,000 +60.0% --
08/02/2016 08/02/16 Sold $450,000 -10.0% -- View Prior Sale
07/23/2016 07/23/16 Pending -- -- --
05/18/2015 05/18/15 For Sale $500,000 -- --
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
2025 $1,822 $132,993 $122,589 $10,404
2024 $1,822 $137,910 $127,710 $10,200
2023 $1,670 $123,869 $123,869 $0
2022 $904 $61,369 $61,369 $0
2021 $914 $61,369 $61,369 $0
2020 $869 $57,960 $57,960 $0
2019 $838 $54,909 $54,909 $0
2018 $767 $52,164 $52,164 $0
2017 $792 $52,164 $52,164 $0
2016 $749 $49,679 $49,679 $0
2015 $720 $49,679 $49,679 $0
2014 $674 $47,421 $47,421 $0
Source: Public Records

Agents Affiliated with this Home

  • Jack Liu

    Seller's Agent in 2020

    Jack Liu

    Star Realty

    (408) 838-3500

    35 Total Sales

    Jack Liu
    Section Image
  • Judy Chen

    Buyer's Agent in 2020

    Judy Chen

    Infiniti Real Estate

    (408) 930-2608

    39 Total Sales

    Judy Chen
    Section Image
  • Rick Chehab Chehab

    Seller's Agent in 2016

    Rick Chehab Chehab

    American West Properties

    (408) 800-7028

    6 Total Sales

    Rick Chehab Chehab
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81775730

MLSListings

APN: 841-21-022

California Santa Clara County Gilroy 95020

2740 Ferguson Rd, Gilroy, CA

Not Listed for Sale

Lots

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