NOT LISTED FOR SALE

2985 Day Rd Gilroy, CA 95020

Estimated Value: $3,872,000 - $6,684,000

6 Beds
4.5 Baths
6,396 Sq Ft
$741/Sq Ft Est. Value

Last Sold March 15, 2023

Last sale price $3,600,000 $563 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $29,333/month

21 Days on Market

Highlights

  • Home Theater
  • Cabana
  • 5.05 Acre Lot
  • Christopher High School Rated A-
  • Solar Power System
  • Mountain View

About This Home

As of March 2023

Stunning 5 acre gated estate in the heart of Santa Clara Valley's Wine country! Gorgeous 6,396 sq ft home with ground floor primary suite, 6 bedrooms & 4.5 baths, plus an office! Gourmet chef's kitchen complete with Viking appliances, 8 burner gas range, oversized island, and two dishwashers. Entertain your friends and family with a private approx 3,000 sq ft cabana with a full bar, arcade area, home theater, and an additional 1.5 bathrooms! Separate 1 bed/1 bath guest house (approx 600 sq ft) with full kitchen & living room is perfect for in-laws or overnight guests. Nestled against the foothills in a beautiful private location, you'll never need to leave home with amenities including pool, spa, outdoor BBQ & fireplace, fire pit, basketball court, playground, and bocce ball court! Garden area, fruit trees, and plenty of room for all your cars with a 4 car garage. Even more storage with additional workshop including heating and AC. Luxury living at its finest!

Last Agent to Sell the Property

Todd Brown

Intero Real Estate Services License #01863454 Listed on: 01/22/2023

Intero Real Estate Services

Last Buyer's Agent

K J Grewal

Intero Real Estate Services License #01905615

Intero Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $44,571

Year Built

  • Built in 1998

Lot Details

  • 5.05 Acre Lot
  • Fenced
  • Back Yard
  • Zoning described as HS

Parking

  • 4 Car Attached Garage

Home Design

  • Tile Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 6,396 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Separate Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Home Theater
  • Den
  • Workshop
  • Mountain Views
  • Security Gate

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Bathroom on Main Level
  • Dual Sinks
  • Soaking Tub in Primary Bathroom
  • Bathtub with Shower
  • Oversized Bathtub in Primary Bathroom
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry Tub

Eco-Friendly Details

  • Solar Power System
  • Solar owned by seller

Pool

  • Cabana
  • In Ground Pool
  • Above Ground Spa
  • Pool Cover

Outdoor Features

  • Outdoor Fireplace
  • Fire Pit
  • Barbecue Area

Horse Facilities and Amenities

  • Horses Potentially Allowed on Property

Utilities

  • Forced Air Heating and Cooling System
  • Thermostat
  • Power Generator
  • Propane
  • Well
  • Water Softener is Owned
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 779-27-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$44,571

Year Built

Built in 1998

Lot Details

0

Parking

4

Listing Details

  • Subclass: Single Family Home
  • Age: 25
  • Listing Class: Residential
  • Structure Sq Ft: 6396
  • Year Built: 1998
  • Zoning Description: HS
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room, Outside
  • Dining Room: Breakfast Nook, Formal Dining Room
  • Kitchen: Cooktop - Gas, Dishwasher, Island, Microwave, Oven - Built-In, Pantry, Refrigerator
  • Living Sq Ft: 6396
  • Stories: 2
  • Bedrooms: Primary Bedroom on Ground Floor, Walk-in Closet
  • Laundry: Inside, Tub / Sink
  • Flooring: Carpet, Tile
  • Additional Rooms: Den / Study / Office, Laundry Room, Media / Home Theater, Workshop
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 6
  • Minimum Numberof Bedrooms: 6
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Bathroom: Double Sinks, Full on Ground Floor, Half on Ground Floor, Primary - Oversized Tub, Primary - Stall Shower(s), Showers over Tubs - 2+
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Cabana / Dressing Room, Pool - Cover, Pool - In Ground, Spa - Above Ground, Spa / Hot Tub
  • Roof: Tile
  • View: Mountains
  • Yard/Grounds: Back Yard, BBQ Area, Fire Pit, Outdoor Fireplace
  • Horse Property: Possible
  • Pool: Yes
  • Fencing: Mixed Height / Type
  • Construction Type: Stucco

Garage/Parking

  • Garage Spaces: 4
  • Garage Max: 4
  • Garage Min: 4
  • Garage Parking Features: Attached Garage, Room for Oversized Vehicle

Utilities

  • Cooling System: Ceiling Fan, Central AC
  • Heating System: Forced Air
  • Sewer/Septic System: Septic Tank / Pump

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Security Gate

Schools

  • School District: Gilroy Unified
  • Elementary School: Rucker Elementary
  • Middle School: Solorsano Middle
  • High School: Christopher High School
  • High School: 2592
  • Elementary School: 1077
  • Middle School: 1075

Lot Info

  • Lot Description: Views
  • Parcel Number: 779-27-005
  • Lot Acres: 5.0453
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 219772.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 219772.00

Green Features

  • Energy Features: Double Pane Windows, Solar Power, Thermostat Controller

Multi Family

  • Utilities: Generator, Propane On Site, Public Utilities, Solar Panels - Owned

MLS Schools

  • High School District Text: Gilroy Unified
  • Elementary School Text: Rucker Elementary
  • High School Text: Christopher High School
  • Middle School Text: Solorsano Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2023
Closed on
Mar 7, 2023
Sold by
Semitron Investment Llc
Bought by
Singh Gursharan Jit and Sekhon Sharanjit Kaur
Seller's Agent
Todd Brown
Intero Real Estate Services
Buyer's Agent
K J Grewal
Intero Real Estate Services
List Price
$3,699,999
Sold Price
$3,600,000
Premium/Discount to List
-$99,999
-2.7%
Views
171
Current Estimated Value
$4,738,514

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,138,514
Avg. Annual Appreciation
11.82%
Original Mortgage
$2,500,000
Outstanding Balance
$2,409,670
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$2,328,844

Purchase Details

Listed on
Feb 12, 2022
Closed on
Mar 8, 2022
Sold by
Nicks and Monique
Bought by
Semitron Investment Llc
Seller's Agent
Todd Brown
Intero Real Estate Services
Buyer's Agent
Danielle Brown
Intero Real Estate Services
List Price
$3,499,999
Sold Price
$3,775,000
Premium/Discount to List
$275,001
7.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.82%
Original Mortgage
$2,737,500
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 23, 2013
Closed on
Apr 17, 2014
Sold by
Bumb Joanne
Bought by
Nicks Carl and Nicks Monique
Seller's Agent
Mark DeTar
Intero Real Estate Services
Buyer's Agent
Augie Bertao
Bertao Real Estate Group
List Price
$2,200,000
Sold Price
$1,950,000
Premium/Discount to List
-$250,000
-11.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.70%

Purchase Details

Closed on
Dec 13, 2012
Sold by
Bumb George and Bumb Joanne
Bought by
Bumb George and Bumb Joanne

Purchase Details

Closed on
Mar 15, 2010
Sold by
Hammelev Sotelo Reynaldo W and Hammelev Sotelo Sam
Bought by
Bumb George and Bumb Joanne

Purchase Details

Closed on
Dec 4, 1998
Sold by
Sotelo Reynaldo W
Bought by
Hammelev Sotelo Reynaldo W and Hammelev Sotelo Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.86%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Singh Gursharan Jit $3,600,000 Orange Coast Title
Semitron Investment Llc $3,775,000 New Title Company Name
Nicks Carl -- Orange Coast Title Company
Bumb George $989,750 None Available
Bumb George $2,175,000 Old Republic Title Company
Hammelev Sotelo Reynaldo W -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Singh Gursharan Jit $2,500,000
Previous Owner Semitron Investment Llc $2,737,500
Previous Owner Bumb George $1,000,000
Previous Owner Sotelo Reynaldo $100,000
Previous Owner Sotelo Reynaldo W $500,000
Previous Owner Sotelo Reynaldo W $250,000
Previous Owner Hammelev Sotelo Reynaldo W $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2023 03/15/23 Sold $3,600,000 -2.7% $563 / Sq Ft
02/13/2023 02/13/23 Pending -- -- --
01/22/2023 01/22/23 For Sale $3,699,999 -2.0% $578 / Sq Ft
03/29/2022 03/29/22 Sold $3,775,000 +7.9% $590 / Sq Ft
02/17/2022 02/17/22 Pending -- -- --
02/12/2022 02/12/22 For Sale $3,499,999 +79.5% $547 / Sq Ft
04/28/2014 04/28/14 Sold $1,950,000 0.0% $304 / Sq Ft
02/21/2014 02/21/14 Pending -- -- --
02/03/2014 02/03/14 Off Market $1,950,000 -- --
10/28/2013 10/28/13 Price Changed $2,198,000 -0.1% $343 / Sq Ft
09/16/2013 09/16/13 For Sale $2,200,000 -- $343 / 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 $44,571 $3,739,315 $1,866,595 $1,872,720
2024 $44,571 $3,665,996 $1,829,996 $1,836,000
2023 $47,321 $3,844,496 $1,860,596 $1,983,900
2022 $29,270 $2,367,811 $514,042 $1,853,769
2021 $29,145 $2,321,384 $503,963 $1,817,421
2020 $28,792 $2,297,582 $498,796 $1,798,786
2019 $28,505 $2,252,532 $489,016 $1,763,516
2018 $26,472 $2,208,366 $479,428 $1,728,938
2017 $27,044 $2,165,066 $470,028 $1,695,038
2016 $26,361 $2,110,614 $460,812 $1,649,802
2015 $23,674 $1,983,861 $453,891 $1,529,970
2014 $27,537 $2,289,205 $631,795 $1,657,410
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81916825

MLSListings

APN: 779-27-005