NOT LISTED FOR SALE

393 4th St Gilroy, CA 95020

Estimated Value: $736,000 - $782,000

4 Beds
2 Baths
1,032 Sq Ft
$735/Sq Ft Est. Value

Last Sold February 06, 2015

Last sale price $320,000 $310 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $4,252/month

67 Days on Market

Highlights

  • Level Lot
  • Carpet
  • 1-Story Property

About This Home

As of February 2015

Great rental opportunity. Long term renters. Nice neighborhood, close to shopping & freeway. Needs some TLC, rents are low for neighborhood. Each unit has a nice size back yard.

Last Agent to Sell the Property

Donald Mitchell

KW Bay Area Estates License #01199334 Listed on: 11/11/2014

KW Bay Area Estates

Last Buyer's Agent

Susan Jacobsen

Starritt Realtors License #00572040

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,461

Year Built

  • 1900

Lot Details

  • Level Lot

Parking

  • Private Parking

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1,032 Sq Ft Home
  • 1-Story Property
  • Carpet
  • Oven or Range

Utilities

  • Wall Furnace
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $19,380

Community Details

Overview

  • 2 Units
  • 1,032 Sq Ft Building

Building Details

  • Insurance Expense $600
  • Operating Expense $986
  • Gross Income $19,380

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,461

Year Built

1900

Lot Details

0

Listing Details

  • Zoning: R1
  • Subclass: Duplex
  • Age: 114
  • Inspections Reports: Fault Zone, Geological/Flood, Flood Zone
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 1032
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Kitchen: Varies By Unit, Oven Range, Refrigerator
  • Living Sq Ft: 1032
  • Stories: 1
  • Laundry: Laundry Area - In All Units
  • Flooring: Carpet

Exterior Features

  • Roof: Composition
  • View: Local/Neighborhood

Garage/Parking

  • Garage Parking Features: Private / Exclusive, Rv/Boat Parking

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Schools

  • School District: Gilroy Unified

Lot Info

  • Lot Description: Grade - Level
  • Lot Location: Court
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7446.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 7446.00
  • Lot Size Area Min Search: 7446.00
  • Maximum Lot Size: 7446.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 18.00

Multi Family

  • Expense Insurance: 600
  • Expenses Total: 986
  • Income Annual Gross: 19380.00
  • Income Annual Rental: 19380
  • Income Gross Scheduled: 19380
  • Income Includes: Lease
  • Maximum Building Height: 1
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Minimum Building Height: 1
  • Number Of Buildings: 2
  • Operating Expenses Include: Insurance, Fee - Property Tax
  • Tenant Expenses: Utilities - Gas, Utilities - Water, Utilities - Heating, Cable Tv, Utilities - Electric, Services - Trash Removal

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 15, 2017
Sold by
Buckley Charles F and Buckley Joan A
Bought by
Jacobsen Mark
Current Estimated Value
$693,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Outstanding Balance
$287,514
Interest Rate
3.93%
Mortgage Type
Seller Take Back
Estimated Equity
$513,986

Purchase Details

Listed on
Nov 11, 2014
Closed on
Jan 29, 2015
Sold by
Alonzo Valentino
Bought by
Buckley Family Trust
Seller's Agent
Donald Mitchell
KW Bay Area Estates
Buyer's Agent
Susan Jacobsen
Starritt Realtors
List Price
$348,888
Sold Price
$320,000
Premium/Discount to List
-$28,888
-8.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.12%

Purchase Details

Closed on
Sep 25, 1995
Sold by
Alonzo Maria L
Bought by
Alonzo Valentino
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
Jacobsen Mark $390,000 Old Republic Title Company
Buckley Family Trust $320,000 Old Republic Title Company
Alonzo Valentino -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jacobsen Mark $340,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2015 02/06/15 Sold $320,000 -8.3% $310 / Sq Ft
01/17/2015 01/17/15 Pending -- -- --
11/11/2014 11/11/14 For Sale $348,888 -- $338 / 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
2024 $5,461 $435,046 $239,275 $195,771
2023 $5,429 $426,517 $234,584 $191,933
2022 $5,340 $418,155 $229,985 $188,170
2021 $5,315 $409,957 $225,476 $184,481
2020 $5,257 $405,755 $223,165 $182,590
2019 $5,209 $397,800 $218,790 $179,010
2018 $4,866 $390,000 $214,500 $175,500
2017 $4,321 $331,376 $182,257 $149,119
2016 $4,230 $324,880 $178,684 $146,196
2015 $372 $21,875 $13,436 $8,439
2014 -- $21,447 $13,173 $8,274
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2015

    Donald Mitchell

    KW Bay Area Estates

    Section Image
  • Susan Jacobsen

    Buyer's Agent in 2015

    Susan Jacobsen

    Starritt Realtors

    (408) 842-8261

    17 in this area

    47 Total Sales

    Section Image
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Map

Source: MLSListings

MLS Number: ML81439969

MLSListings

APN: 799-05-014

California Santa Clara County Gilroy 95020

393 4th St, Gilroy, CA

This home is located at 393 4th St, Gilroy, CA 95020 since 11 November 2014 and is currently estimated at $759,000, approximately $735 per square foot. This property was built in 1900. 393 4th St is a home located in Santa Clara County with nearby schools including El Roble Elementary School, Brownell Middle School, and Solorsano Middle School.

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