$1,260,000
SOLD MAR 31, 2018

3050 Pacheco Pass Hwy Gilroy, CA 95020

26 Acres
$48,462 Price per Acre
1,132,560 Sq Ft Lot

Recently Sold

3% Below List Price

87 Days on Market

Highlights

  • 26 Acre Lot
  • Crops Farm
  • Level Lot
  • Mountain View
  • Agricultural

About This Lot

As of August 2018

Country Property with great potential. Approximately 26 acres consisting of two parcels (2nd Parcel apn 841-50-028). Fruit Stand, Water Well, Residence with two additional rental units, a barn and much more. Income potential, Jan.15th 2018 rental income will be $4,000.00. Farmland with good soil is perfect for row crops or orchard. This is an excellent opportunity for an investor or family that enjoys country living, farming or running the fruit stand. Close to downtown, shopping and great freeway access.

Last Agent to Sell the Property

Dan Gluhaich

Intero Real Estate Services License #00963076 Listed on: 12/01/2017

Intero Real Estate Services

Last Buyer's Agent

Robert Moore

Losness Investment Real Estate Corp License #01908682

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,465

Lot Details

  • 26 Acre Lot
  • Level Lot
  • May Be Possible The Lot Can Be Split Into 2+ Parcels

Farming

  • Crops Farm
  • Agricultural

Utilities

  • Well
  • Septic Tank

Additional Features

  • Mountain Views
  • Electricity Available at Street
  • Horses Potentially Allowed on Property

Property Details

Property Type

Land

Est. Annual Taxes

$10,465

Lot Details

0

Listing Details

  • Zoning: AW
  • Subclass: Agriculture/Ranch Land
  • Listing Class: Residential Lots & Land
  • Present Use: 2nd Unit Possible, Agricultural, Agricultural/Residential, Farm, Row Crops
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Mountains
  • Horse Property: Possible

Utilities

  • Sewer/Septic System: Septic Connected

Schools

  • School District: Gilroy Unified

Lot Info

  • Lot Description: Agricultural Use, Grade - Level, Possible Lot Split
  • Lot Acres: 26.0000
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1132560.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1132560.00
  • Existing Crops Vegetation: Row Crop
  • Parcel Access: Highway, Paved Road

Multi Family

  • Utilities: Electricity - Available At Street, Electricity - On Site

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2018
Closed on
Aug 3, 2018
Sold by
Chen Wei
Bought by
Garlic City Properties Llc
Seller's Agent
Robert Moore
Losness Investment Real Estate Corp
Buyer's Agent
ROMAN SINGH NAHAL
Real Estate eBroker Inc
List Price
$1,299,000
Sold Price
$1,350,000
Premium/Discount to List
$51,000
3.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$882,000
Outstanding Balance
$765,981
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Dec 1, 2017
Closed on
Mar 29, 2018
Sold by
San Jose Tallow Properties Llc
Bought by
Chen Wei
Seller's Agent
Dan Gluhaich
Intero Real Estate Services
Buyer's Agent
Robert Moore
Losness Investment Real Estate Corp
List Price
$1,299,000
Sold Price
$1,260,000
Premium/Discount to List
-$39,000
-3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.79%

Purchase Details

Listed on
Dec 10, 2014
Closed on
Oct 4, 2017
Sold by
Gabriel Susan M
Bought by
San Jose Tallow Properties Llc
Seller's Agent
Dan Gluhaich
Intero Real Estate Services
Buyer's Agent
Dan Gluhaich
Intero Real Estate Services
List Price
$1,395,000
Sold Price
$1,150,000
Premium/Discount to List
-$245,000
-17.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.96%

Purchase Details

Closed on
Jun 19, 2009
Sold by
Fukagawa Tomoye and Gabriel Susan M
Bought by
Fukagawa Tomoye and Gabriel Susan M
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $1,350,000 Lawyers Title Co
Grant Deed $1,260,000 Stewart Title Of California
Grant Deed $1,150,000 Stewart Title Of California
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $882,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2018 08/06/18 Sold $1,350,000 +3.9% $655 / Sq Ft
05/31/2018 05/31/18 Pending -- -- --
05/23/2018 05/23/18 For Sale $1,299,000 +3.1% $630 / Sq Ft
03/31/2018 03/31/18 Sold $1,260,000 -3.0% --
02/27/2018 02/27/18 Pending -- -- --
12/01/2017 12/01/17 For Sale $1,299,000 +13.0% --
10/06/2017 10/06/17 Sold $1,150,000 -17.6% --
07/27/2017 07/27/17 Pending -- -- --
12/10/2014 12/10/14 For Sale $1,395,000 -- --
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 $10,465 $851,667 $472,395 $379,272
2024 $10,465 $843,496 $471,660 $371,836
2023 $10,459 $832,643 $468,097 $364,546
2022 $10,290 $817,822 $460,423 $357,399
2021 $10,261 $803,292 $452,900 $350,392
2020 $10,093 $791,580 $444,780 $346,800
2019 $9,964 $773,665 $433,665 $340,000
2018 $6,183 $505,232 $345,232 $160,000
2017 $3,096 $236,145 $179,210 $56,935
2016 $3,004 $229,688 $173,869 $55,819
2015 $2,844 $227,173 $172,192 $54,981
2014 $1,391 $105,628 $72,819 $32,809
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81686067

MLSListings

APN: 841-50-027