$779,000
PRE-FORECLOSURE The borrower is in default on their loan obligation and/or the bank or lender has initiated foreclosure proceedings. This property is occupied, do not disturb the occupants. Trespassing is a criminal offense.

340 Walnut Ln Gilroy, CA 95020

Gilroy Area

Estimated payment $4,542/month

Total Views 1,468
3 Beds
1.5 Baths
1,092 Sq Ft
$713 Price per Sq Ft

Highlights

  • Very Popular Property
  • Beamed Ceilings
  • Bathtub with Shower
  • Covered Arena
  • Eat-In Kitchen
  • Tile Countertops

About This Home

Opportunity awaits! This 3-bedroom, 1.5 bath home offers 1,092 square feet of living space on a 6,500+ square foot lot. A standout feature is the convenient alley access, providing easy access for RV, boat, or additional vehicle parking while also offering potential for a future ADU or other improvements (buyer to verify with the City of Gilroy). Inside, the inviting living room features open beam ceilings and a cozy wood-burning fireplace. The kitchen offers a gas cooktop, tile countertops, an eat-in dining area, and includes a refrigerator and dishwasher. An indoor laundry room with a 220V hookup adds convenience. Being sold AS IS, this property presents an excellent opportunity for investors, contractors, or buyers looking to build equity through updates, while taking advantage of the lot's future potential.

Listing Agent

Lizette Oliveri

Realty One Group Infinity License #01912782 Listed on: 07/26/2026

Realty One Group Infinity

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1953

Lot Details

  • Wood Fence
  • Back Yard Fenced
  • Zoning described as R1

Parking

  • Carport

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,092 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Horse Facilities and Amenities

  • Round Pen
  • Covered Arena

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 841-03-019

Home Details

Home Type

Single Family

Year Built

Built in 1953

Lot Details

6,621 Sq Ft Lot

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 1092
  • Incorporated: Yes
  • Year Built: 1953
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room, Wood Burning
  • Dining Room: Eat in Kitchen
  • Kitchen: Cooktop - Gas, Countertop - Tile, Dishwasher, Garbage Disposal, Refrigerator
  • Living Sq Ft: 1092
  • Stories: 1
  • Laundry: Dryer, Electricity Hookup (220V), Washer
  • Flooring: Carpet, Tile
  • Additional Rooms: Laundry Room
  • Fireplaces Min: 1
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Shower and Tub
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition
  • Fencing: Fenced Back, Wood
  • Horse Property Description: Arena - Covered, Round Pen

Garage/Parking

  • Garage Parking Features: Carport, Parking Area

Utilities

  • Cooling System: Ceiling Fan, Window / Wall Unit
  • Heating System: Forced Air
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Open Beam Ceiling

Lot Info

  • Parcel Number: 841-03-019
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6534.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6534.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Gilroy Unified

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $3,121 $256,544 $102,609 $153,935
2025 $3,121 $251,515 $100,598 $150,917
2024 $3,070 $246,584 $98,626 $147,958
2023 $3,050 $241,750 $96,693 $145,057
2022 $2,997 $237,011 $94,798 $142,213
2021 $2,980 $232,365 $92,940 $139,425
2020 $2,946 $229,984 $91,988 $137,996
2019 $3,007 $225,476 $90,185 $135,291
2018 $2,812 $221,056 $88,417 $132,639
2017 $2,868 $216,723 $86,684 $130,039
2016 $2,804 $212,475 $84,985 $127,490
2015 $2,648 $209,284 $83,709 $125,575
2014 $2,631 $205,186 $82,070 $123,116
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/26/2026 07/26/26 For Sale $779,000 -- $713 / Sq Ft
Source: MLSListings

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed -- None Available
Interfamily Deed Transfer -- North American Title Co Inc
Individual Deed $148,000 North American Title Co Inc
Grant Deed -- North American Title Co Inc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $937,500 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $105,000 Fannie Mae Freddie Mac
Source: Public Records

Source: MLSListings

MLS Number: ML82053778

MLSListings

APN: 841-03-019

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