$450,000
SOLD AUG 2, 2016

2740 Ferguson Rd Gilroy, CA 95020

9.66 Acres
$46,584 Price per Acre
420,790 Sq Ft Lot

Recently Sold

10% Below List Price

432 Days on Market

Highlights

  • 9.66 Acre Lot
  • Level Lot
  • Crops

About This Lot

As of January 2020

Located 3 miles from Highway 101, Costco, Best Buy, Walmart etc.. Great investment in the path of growth. Land is flat with excellent soil. Land at this price close to the center of Silicon Valley may never become available. A huge (5,267 SF) new two story house at 2736 Ferguson was recently built next door. Local architect and builder are available.

Last Agent to Sell the Property

Rick Chehab Chehab

American West Properties License #01214380 Listed on: 05/18/2015

Last Buyer's Agent

Jack Liu

Star Realty License #01338342

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,822

Lot Details

  • 9.66 Acre Lot
  • Level Lot

Additional Features

  • Electricity Available at Street
  • Crops
  • Horses Potentially Allowed on Property
  • Septic Permit Required

Property Details

Property Type

Land

Est. Annual Taxes

$1,822

Lot Details

0

Listing Details

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

Exterior Features

  • Horse Property: Possible

Utilities

  • Sewer/Septic System: Septic Required

Schools

  • School District: Gilroy Unified

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 9.6600
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 420790.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 420790.00
  • Existing Crops Vegetation: Crop(s)
  • Parcel Access: Paved Road

Multi Family

  • Utilities: Electricity - Available At Street

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
$716,970

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,970
Avg. Annual Appreciation
0.93%
Original Mortgage
$380,000
Outstanding Balance
$254,729
Interest Rate
3.1%
Mortgage Type
Commercial
Estimated Equity
$462,241

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:

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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
Grant Deed $680,000 Fidelity National Title Co
Grant Deed $450,000 Fidelity National Title Co
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $380,000 Commercial
Previous Owner $315,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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% --
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

    36 Total Sales

    Jack Liu
    Section Image
  • Judy Chen

    Buyer's Agent in 2020

    Judy Chen

    Infiniti Real Estate

    (408) 930-2608

    38 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: ML81465866

MLSListings

APN: 841-21-022

California Santa Clara County Gilroy 95020

2740 Ferguson Rd, Gilroy, CA

This home is located at 2740 Ferguson Rd, Gilroy, CA 95020 and is currently priced at $450,000. 2740 Ferguson Rd is a home located in Santa Clara County with nearby schools including Rucker Elementary School, Solorsano Middle School, and Gilroy High School.

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