NOT LISTED FOR SALE

420 E 8th St Unit B Gilroy, CA 95020

Gilroy Area
Studio
-- Baths
1,974 Sq Ft
10,019 Sq Ft Lot

Sale Details

Date Sold: June 13, 2014

Last sale price $426,000 $216 Per Sq Ft

22 Days on Market

Highlights

  • Neighborhood Views
  • Vinyl Flooring
  • 4-minute walk to Forest Street Park
  • Level Lot

About This Home

As of June 2014

Great value for a duplex on a huge corner lot. Same tenants for almost 4 years. Each unit is a spacious 2/1 with large separate driveways providing lots of off street parking. Private large yards for entertaining. Pictures taken in 2010 when property was purchased. Property has lots of potential.

Last Agent to Sell the Property

Goldie Morabito

Coldwell Banker Realty License #01402830 Listed on: 05/12/2014

Last Buyer's Agent

Goldie Morabito

Coldwell Banker Realty License #01402830 Listed on: 05/12/2014

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

Property Details

Home Type

  • Multi-Family

Year Built

  • 1920

Lot Details

  • Level Lot

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1,974 Sq Ft Home
  • 2-Story Property
  • Vinyl Flooring
  • Neighborhood Views

Parking

  • Private Parking
  • Off-Street Parking

Utilities

  • Wall Furnace
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $31,200
  • The owner pays for garbage

Community Details

Overview

  • 1,974 Sq Ft Building

Building Details

  • Insurance Expense $887
  • Trash Expense $688
  • Operating Expense $4,853
  • Gross Income $31,200

Property Details

Home Type

Multi-Family

Year Built

1920

Lot Details

10,019 Sq Ft Lot

Listing Details

  • Zoning: M2
  • Subclass: Duplex
  • Inspections Reports: Flood Zone
  • Sale Price Per Sq Ft: 215.81
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 1974
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1920

Interior Features

  • Kitchen: Refrigerator
  • Living Sq Ft: 1974
  • Stories: 2
  • Laundry: Laundry Area - In All Units
  • Flooring: Carpet - Area, Vinyl / Linoleum

Exterior Features

  • Roof: Composition
  • View: Local/Neighborhood

Garage/Parking

  • Garage Parking Features: Private / Exclusive, Off-Street Parking

Utilities

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

Lot Info

  • Lot Description: Grade - Level
  • Lot Location: Corner
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 10019.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 10019.00
  • Lot Size Area Min Search: 10019.00
  • Maximum Lot Size: 10019.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 12.47

Multi Family

  • Expense Insurance: 887
  • Expenses Total: 4853
  • Expense Trash: 688
  • Income Annual Gross: 31200.00
  • Income Annual Rental: 31200
  • Income Gross Scheduled: 31200
  • Income Includes: Lease
  • Maximum Building Height: 2
  • Meters: Separate Gas
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Trash Removal, Insurance, Fee - Property Tax
  • Owner Pays: Garbage
  • Tenant Expenses: Utilities - Gas, Utilities - Water, Utilities - Electric

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2014
Closed on
Jun 12, 2014
Sold by
Cham Bessie Lee and Cham Living Trust
Bought by
Seller's Agent
Goldie Morabito
Coldwell Banker Realty
Buyer's Agent
Goldie Morabito
Coldwell Banker Realty
List Price
$389,000
Sold Price
$426,000
Premium/Discount to List
$37,000
9.51%

Purchase Details

Closed on
Jul 31, 2012
Sold by
Cham Bessie Lee
Bought by
Lee Cham Dennis Sy and Lee Cham Bessie

Purchase Details

Closed on
Apr 1, 2010
Sold by
Aurora Loan Services Llc
Bought by
Cham Bessie Lee

Purchase Details

Closed on
Dec 9, 2009
Sold by
Buzzini Diane
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Apr 26, 2002
Sold by
Buzzini Diane
Bought by
Buzzini Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,250
Interest Rate
7.13%
Mortgage Type
Stand Alone First
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Gilroy, CA

See All Agents

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 Buyer Sale Price Title Company
$426,000 Fidelity National Title Co
Lee Cham Dennis Sy -- None Available
Cham Bessie Lee $247,000 Fidelity National Title Co
Aurora Loan Services Llc $437,015 Servicelink
Buzzini Diane -- Fidelity National Title Co
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 Borrower Loan Amount
Previous Owner $390,000
Previous Owner Buzzini Diane L $359,000
Previous Owner Buzzini Diane $356,250
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
06/13/2014 06/13/14 Sold $426,000 +9.5% $216 / Sq Ft
06/03/2014 06/03/14 Pending -- -- --
05/12/2014 05/12/14 For Sale $389,000 -- $197 / Sq Ft
Source: MLSListings

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 $6,508 $532,649 $282,580 $250,069
2025 $6,406 $522,206 $277,040 $245,166
2024 $6,406 $511,967 $271,608 $240,359
2023 $6,369 $501,930 $266,283 $235,647
2022 $6,264 $492,089 $261,062 $231,027
2021 $6,236 $482,442 $255,944 $226,498
2020 $6,168 $477,496 $253,320 $224,176
2019 $6,111 $468,134 $248,353 $219,781
2018 $5,708 $458,956 $243,484 $215,472
2017 $5,827 $449,958 $238,710 $211,248
2016 $5,708 $441,136 $234,030 $207,106
2015 $5,387 $434,511 $230,515 $203,996
2014 -- $260,084 $136,886 $123,198
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: MLSListings

MLS Number: ML81416371

MLSListings

APN: 841-12-025

Your Personal Tour Guide

Ask me questions while you tour the home.