NOT LISTED FOR SALE

395 E 8th St Gilroy, CA 95020

Estimated Value: $742,000 - $1,012,000

0.18 Acre
$4,956,620 Price per Acre
8,015 Sq Ft Lot

Last Sold March 30, 2016

Last sale price $175,000

Est. 421% increase in value since last sale

Current estimated payment $5,463/month

98 Days on Market

About This Lot

As of March 2016

Great Opportunity to build your new home with ADU. Plan is approved for 1280 sq. ft. 3 bedroom, 2 bath single family residence with an additional 542 sq. ft 1 bedroom, 1 bath ADU. Property is vacant and no need to demolish. It was created by a recent lot split with adjoining property which is also for sale with a remodeled house. This 8,000 SF flat lot is on the left of orange fence if you face the property. Seller financing is available with 30+% down.

Last Agent to Sell the Property

Hubert Yu

Excel Realty & Mortgage Inc License #01516062 Listed on: 05/06/2015

Last Buyer's Agent

Zodeiva Lemus

Norm Yop, Inc., Realtors License #01380483

Property Details

Property Type

  • Land

Lot Details

Additional Features

  • Fenced
  • Electricity Available at Street
  • Gas Available at Street

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Zoning: M2
  • Subclass: Residential Development Land
  • Listing Class: Residential Lots & Land
  • Present Use: Vacant
  • Development Status: Approved Building Plan, Topographical Map Available
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: Mixed Height / Type

Utilities

  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Description: Regular
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8000.00
  • Parcel Access: City Street

Multi Family

  • Utilities: Electricity - Available At Street, Gas - Available At Street

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2023
Sold by
Ruiz Sauno Edith
Bought by
Sauno Edith Rulz
Current Estimated Value
$912,018

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,522
Outstanding Balance
$73,134
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$838,884

Purchase Details

Closed on
Dec 13, 2017
Sold by
Sauno Albeto
Bought by
Sauno Edith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
3.94%
Mortgage Type
Commercial

Purchase Details

Listed on
May 6, 2015
Closed on
Mar 9, 2016
Sold by
Bay Elite Homes Inc
Bought by
Sauno Alberto and Sauno Edith
Seller's Agent
Hubert Yu
Excel Realty & Mortgage Inc
Buyer's Agent
Zodeiva Lemus
Norm Yop, Inc., Realtors
List Price
$175,000
Sold Price
$175,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.45%
Original Mortgage
$131,250
Interest Rate
3.65%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
Not Available
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
Sauno Edith Rulz -- First American Title
Sauno Edith -- Fidelity National Title Co
Sauno Alberto $175,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sauno Edith Rulz $75,522
Previous Owner Sauno Edith $460,000
Previous Owner Sauno Alberto $131,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2016 03/30/16 Sold $175,000 0.0% --
08/12/2015 08/12/15 Pending -- -- --
05/06/2015 05/06/15 For Sale $175,000 -- --
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 $8,217 $673,446 $207,162 $466,284
2024 $8,217 $660,242 $203,100 $457,142
2023 $8,169 $647,297 $199,118 $448,179
2022 $8,035 $634,606 $195,214 $439,392
2021 $8,000 $622,164 $191,387 $430,777
2020 $7,912 $615,785 $189,425 $426,360
2019 $7,839 $603,711 $185,711 $418,000
2018 $2,560 $200,888 $182,070 $18,818
2017 $2,378 $178,500 $178,500 $0
2016 $1,875 $139,796 $139,796 $0
2015 $1,772 $137,697 $137,697 $0
2014 $1,821 $139,389 $139,389 $0
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2016

    Hubert Yu

    Excel Realty & Mortgage Inc

    Section Image

  • Z

    Buyer's Agent in 2016

    Zodeiva Lemus

    Norm Yop, Inc., Realtors

    Section Image
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Map

Source: MLSListings

MLS Number: ML81463651

MLSListings

APN: 841-11-077

California Santa Clara County Gilroy 95020

395 E 8th St, Gilroy, CA

Not Listed for Sale

Lots

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