NOT LISTED FOR SALE

40 Ervin Ct Gilroy, CA 95020

Estimated Value: $1,353,000 - $1,649,000

5 Beds
5 Baths
3,185 Sq Ft
$454/Sq Ft Est. Value

Last Sold October 27, 2021

Last sale price $1,410,000 $443 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $8,311/month

38 Days on Market

Highlights

  • 3 Car Attached Garage
  • Solar Heating System
  • Forced Air Heating and Cooling System
  • Security Service

About This Home

As of October 2021

One-of-a-kind opportunity to have this gorgeous remodeled 5 bed/ 4.5 Bath single family house with Detached ADU/ in law unit sitting in the private Cul- De- Sac.From the moment you step into the house a huge high ceiling Entry corridor catch your eyes, one independent master with walking closet & a separate courtyard on the first floor, 3 bedrooms with 2 baths upstairs including one master with Jacuzzi tub & Huge walking closet.One bed & one bath, kitchen,stack laundry& separate A/C & Furnace in the in-Law Unit. Tile & Laminate Flooring,Shutters throughout, Nest Thermostat, Granite Counter tops,Gorgeous backsplashes,Water Softener,Samsung Tablet Refrigerator, Maytag Washer& Dryer,The house sold Furnished,Patio with Fan & Lightening,Stamped Concrete, Perfect house for bigger family or great rental investment opportunity as two to three units, Minutes away to all shopping centers,Gilroy Outlet, Hwy101,walking distance to Newly opened CineLux Theater & beautiful Uvas Creek walking trial.

Last Agent to Sell the Property

Shawn Jahanbani

Realty World Dominion License #01952057 Listed on: 09/11/2021

Last Buyer's Agent

Heidi Mendoza

Premier Properties Of Silicon Valley License #01498523

Property Details

Home Type

  • Multi-Family

Year Built

  • 2006

Lot Details

  • 7,410

Parking

  • 3 Car Attached Garage
  • 3 Carport Spaces

Home Design

  • Duplex
  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 3,185 Sq Ft Home
  • 2-Story Property

Additional Features

  • Solar Heating System
  • 7,410 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $80,400

Community Details

Building Details

  • Gardener Expense $1,200
  • Insurance Expense $960
  • Utility Expense $1,800
  • Operating Expense $14,760
  • Gross Income $80,400

Additional Features

  • 3,185 Sq Ft Building
  • Security Service

Property Details

Home Type

Multi-Family

Year Built

2006

Lot Details

0

Parking

3

Listing Details

  • Zoning: A120
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3185
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 2006

Interior Features

  • Living Sq Ft: 3185
  • Stories: 2
  • Security: Security Service

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 3
  • Parking Spaces: 3
  • Garage Parking Features: Attached Garage
  • Carport Min: 3

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air, Solar
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.1701
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7411.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7411.00

Rental Info

  • Existing Lease Term(s): Building Vacant
  • Gross Rent Multiplier: 17.16

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 960
  • Expense Landscape: 1200
  • Expenses Total: 14760
  • Expenses Utility: 1800
  • Income Annual Gross: 80400.00
  • Income Annual Rental: 80400
  • Income Gross Scheduled: 80400
  • Meters: Master Electric, Master Gas, Master Water
  • Number Of Buildings: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2021
Closed on
Oct 25, 2021
Sold by
Jahanbani Shahin and Yazdankhah Solileh
Bought by
Ortiz Robert and Ortiz Cheri
Seller's Agent
Shawn Jahanbani
Realty World Dominion
Buyer's Agent
Heidi Mendoza
Premier Properties Of Silicon Valley
List Price
$1,380,000
Sold Price
$1,410,000
Premium/Discount to List
$30,000
2.17%
Current Estimated Value
$1,309,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$100,938
Avg. Annual Appreciation
0.59%

Purchase Details

Closed on
Mar 12, 2019
Sold by
Jimenez Elizabeth and Jimenez John
Bought by
Jahanbani Shahin and Yazdankhah Solileh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Interest Rate
7.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 18, 2018
Sold by
Jimenez Elizabeth and Jimenez John
Bought by
Deutsche Bank National Trust Co
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ortiz Robert $1,410,000 First American Title Company
Jahanbani Shahin $650,000 Fidelity National Title Co
Deutsche Bank National Trust Co $911,941 Premium Title Of California
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jahanbani Shahin $585,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2021 10/27/21 Sold $1,410,000 +2.2% $443 / Sq Ft
10/20/2021 10/20/21 Pending -- -- --
10/16/2021 10/16/21 For Sale $1,380,000 0.0% $433 / Sq Ft
09/15/2021 09/15/21 Pending -- -- --
09/11/2021 09/11/21 For Sale $1,380,000 -- $433 / Sq Ft
Source: MLSListings

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 $18,001 $1,496,302 $657,948 $838,354
2024 $18,001 $1,466,964 $645,048 $821,916
2023 $17,896 $1,438,200 $632,400 $805,800
2022 $17,604 $1,410,000 $620,000 $790,000
2021 $12,254 $958,427 $334,934 $623,493
2020 $12,120 $948,600 $331,500 $617,100
2019 $8,735 $649,999 $271,300 $378,699
2018 $10,944 $897,000 $374,500 $522,500
2017 $10,234 $805,000 $336,100 $468,900
2016 $9,712 $764,000 $318,900 $445,100
2015 $8,911 $732,000 $305,600 $426,400
2014 -- $673,000 $281,000 $392,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81862330

MLSListings

APN: 799-46-054