NOT LISTED FOR SALE

430 Old Gilroy St Gilroy, CA 95020

Estimated Value: $385,460 - $1,172,000

0.21 Acre
$3,769,264 Price per Acre
8,999 Sq Ft Lot

Last Sold December 23, 2020

Last sale price $370,000

Est. 110% increase in value since last sale

Current estimated payment $4,393/month

14 Days on Market

About This Lot

As of December 2020

Amazing Development Potential!!!! 430 Old Gilroy Street is zoned R3, with the ability to put multiple dwelling units on this 9000 SF lot. Located just across the street from Eliot Elementary School, this lot is primed for multifamily development. Develop and sell off for profit or keep for cash flow! With R3 being one of the most versatile zoning types, the possibilities are endless at 430 Old Gilroy Street!

Last Agent to Sell the Property

Stephen Barsanti

Intero Real Estate Services License #01241267 Listed on: 10/06/2020

Intero Real Estate Services

Last Buyer's Agent

Dominic Gluhaich

Compass License #02092371

Compass

Property Details

Property Type

  • Land

Lot Details

  • 8,999 Sq Ft Lot
  • Wood Fence
  • Level Lot

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Zoning: R3
  • Subclass: Residential Development Land
  • Listing Class: Residential Lots & Land
  • Present Use: Vacant
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: Wood

Utilities

  • Sewer/Septic System: Sewer - Public

Schools

  • High School: 277

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.2066
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 9000.00
  • Parcel Access: State Road

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 27, 2023
Sold by
Venkatraman Yuvaraj
Bought by
Letterforms Inc
Current Estimated Value
$778,730

Purchase Details

Closed on
Apr 4, 2022
Sold by
Jung Cho and Jung Yoo
Bought by
Yuvaraj Venkatraman and Augustine Monica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 2, 2022
Sold by
Priyadarshini Sunder
Bought by
Yuvaraj Venkatraman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2022
Sold by
Unknown
Bought by
Augustine Monica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 6, 2020
Closed on
Dec 15, 2020
Sold by
2005 Revocable Trust and 2005 Revocable Tr Of Michael J
Bought by
Cho Jae and Lee Yoo Jung
Seller's Agent
Stephen Barsanti
Intero Real Estate Services
Buyer's Agent
Dominic Gluhaich
Compass
List Price
$350,000
Sold Price
$370,000
Premium/Discount to List
$20,000
5.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.91%
Original Mortgage
$277,500
Interest Rate
5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Letterforms Inc $300,000 --
Yuvaraj Venkatraman $420,000 Old Republic Title
Yuvaraj Venkatraman -- Old Republic Title
Augustine Monica -- Old Republic Title
Cho Jae $370,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yuvaraj Venkatraman $294,000
Previous Owner Cho Jae $277,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2020 12/23/20 Sold $370,000 +5.7% --
10/21/2020 10/21/20 Pending -- -- --
10/06/2020 10/06/20 For Sale $350,000 -- --
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 $3,902 $312,120 $312,120 --
2024 $3,902 $306,000 $306,000 --
2023 $5,378 $428,400 $428,400 $0
2022 $4,759 $377,400 $377,400 $0
2021 $4,739 $370,000 $370,000 $0
2020 $159 $8,069 $8,069 $0
2019 $158 $7,911 $7,911 $0
2018 $147 $7,756 $7,756 $0
2017 $148 $7,604 $7,604 $0
2016 $133 $7,455 $7,455 $0
2015 $127 $7,344 $7,344 $0
2014 $125 $7,201 $7,201 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81814442

MLSListings

APN: 841-11-075