NOT LISTED FOR SALE

291 Lewis St Gilroy, CA 95020

Estimated Value: $1,032,000 - $1,144,000

5 Beds
4 Baths
2,146 Sq Ft
$514/Sq Ft Est. Value

Last Sold November 19, 2024

Last sale price $1,120,000 $522 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $6,969/month

60 Days on Market

Highlights

  • Solar Power System
  • 2 Car Detached Garage
  • Tile Flooring
  • Granite Countertops
  • Storage Room
  • 5-minute walk to San Ysidro Park

About This Home

As of November 2024

Beautiful home remodeled in 2011 **Has ADUs with separate entrances to earn rental income** Main house boasts a gorgeous Marble kitchen countertops with stainless steel appliances, gas stove updated baths (with Jacuzzi in master bath), central AC, and owned solar panels to keep energy costs low. Cherry wood hardwood in the family room and bedrooms. 3rd bedroom is on second level. Small basement for storage, two car garage and large driveway for approximately 8 cars or oversized vehicle parking. Vacant attached ADU unit with 1 bedroom 1 bath recently rented for $2200/mo, and studio unit next to garage rented for $1300/mo.

Last Agent to Sell the Property

Vito Lippolis

Redfin License #01351146 Listed on: 08/22/2024

Redfin

Last Buyer's Agent

Michael Craighead

First National Real Estate License #01088656

Property Details

Home Type

  • Multi-Family

Year Built

  • 1915

Lot Details

  • 0.31 Acre Lot
  • Fenced

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,146 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Storage Room
  • Washer and Dryer
  • Monitored

Kitchen

  • Oven or Range
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Eco-Friendly Details

  • Solar Power System

Utilities

  • Forced Air Heating and Cooling System
  • Thermostat

Listing and Financial Details

  • Total Actual Rent $80,000

Community Details

Overview

Building Details

  • 2 Leased Units
  • Gross Income $160,000

Property Details

Home Type

Multi-Family

Year Built

1915

Lot Details

0.31 Acres

Parking

2

Listing Details

  • Zoning: M2
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2146
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1915

Interior Features

  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Garbage Disposal, Microwave, Oven Range, Refrigerator
  • Living Sq Ft: 2146
  • Stories: 2
  • Security: Video / Audio System
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Laminate, Tile
  • Additional Rooms: Storage

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition
  • Yard/Grounds: Fenced

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 4
  • Garage Parking Features: Detached Garage

Utilities

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

Lot Info

  • Lot Acres: 0.3100
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 13504.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 13504.00

Green Features

  • Energy Features: Solar Power, Thermostat Controller

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 6.88
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Income Annual Gross: 160000.00
  • Income Annual Rental: 80000
  • Income Gross Scheduled: 160000
  • Income Includes: Rents
  • Income Other: 80000
  • Meters: Master Electric, Master Gas, Master Water
  • Number Of Buildings: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2024
Closed on
Nov 15, 2024
Sold by
Poncelet Evan
Bought by
Craighead Mary Anne Jawod and Craighead Michael Damon
Seller's Agent
Vito Lippolis
Redfin
Buyer's Agent
Michael Craighead
First National Real Estate
List Price
$1,200,000
Sold Price
$1,120,000
Premium/Discount to List
-$80,000
-6.67%
Views
18
Current Estimated Value
$1,103,897

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,103
Avg. Annual Appreciation
-1.06%
Original Mortgage
$870,000
Outstanding Balance
$861,339
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$242,558

Purchase Details

Closed on
Sep 25, 2018
Sold by
Moreno Jose Luis and Moreno Zulema B
Bought by
Poncelet Evan

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
6.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Craighead Mary Anne Jawod $1,120,000 Fidelity National Title Compan
Craighead Mary Anne Jawod $1,120,000 Fidelity National Title Compan
Poncelet Evan $950,000 Old Republic Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Craighead Mary Anne Jawod $870,000
Closed Craighead Mary Anne Jawod $870,000
Previous Owner Poncelet Evan $750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2024 11/19/24 Sold $1,120,000 +1.8% $522 / Sq Ft
10/21/2024 10/21/24 Pending -- -- --
10/17/2024 10/17/24 Price Changed $1,100,000 -5.6% $513 / Sq Ft
10/12/2024 10/12/24 Price Changed $1,165,000 -2.1% $543 / Sq Ft
10/09/2024 10/09/24 Price Changed $1,190,000 -0.8% $555 / Sq Ft
09/18/2024 09/18/24 For Sale $1,200,000 0.0% $559 / Sq Ft
09/18/2024 09/18/24 Price Changed $1,200,000 -7.3% $559 / Sq Ft
09/05/2024 09/05/24 Pending -- -- --
08/22/2024 08/22/24 For Sale $1,295,000 -- $603 / Sq Ft
Source: MLSListings

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 $12,849 $1,120,000 $616,000 $504,000
2024 $12,849 $1,038,836 $628,721 $410,115
2023 $12,775 $1,018,468 $616,394 $402,074
2022 $12,827 $998,499 $604,308 $394,191
2021 $12,514 $978,921 $592,459 $386,462
2020 $12,377 $968,885 $586,385 $382,500
2019 $12,262 $949,888 $574,888 $375,000
2018 $1,442 $115,365 $12,967 $102,398
2017 $1,467 $113,104 $12,713 $100,391
2016 $1,427 $110,887 $12,464 $98,423
2015 $1,348 $109,222 $12,277 $96,945
2014 $1,337 $107,083 $12,037 $95,046
Source: Public Records

Agents Affiliated with this Home

  • M

    Buyer's Agent in 2024

    Michael Craighead

    First National Real Estate

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Map

Source: MLSListings

MLS Number: ML81976433

MLSListings

APN: 841-04-022

California Santa Clara County Gilroy 95020

291 Lewis St, Gilroy, CA

Not Listed for Sale

MultiFamily

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