NOT LISTED FOR SALE

431 El Cerrito Way Gilroy, CA 95020

Las Animas Neighborhood

Estimated Value: $854,000 - $1,047,000

4 Beds
2 Baths
1,640 Sq Ft
$576/Sq Ft Est. Value

Last Sold March 18, 2016

Last sale price $550,000 $335 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $5,625/month

19 Days on Market

Highlights

  • Granite Countertops
  • Fireplace
  • Separate Family Room
  • Christopher High School Rated A-
  • Forced Air Heating System
  • 1-Story Property

About This Home

As of March 2016

This home is located at 431 El Cerrito Way, Gilroy, CA 95020 since 05 February 2016 and is currently estimated at $944,791, approximately $576 per square foot. This property was built in 1953. 431 El Cerrito Way is a home located in Santa Clara County with nearby schools including Rod Kelley Elementary School, South Valley Middle School, and Solorsano Middle School.

Last Agent to Sell the Property

Daniel Li

Tera Real Estate License #01721013 Listed on: 02/05/2016

Tera Real Estate

Last Buyer's Agent

Cesar Cadena

The Real Estate Center License #00848937

The Real Estate Center

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,863

Year Built

  • Built in 1953

Lot Details

  • 9,714 Sq Ft Lot
  • Zoning described as R1

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,640 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Separate Family Room
  • Granite Countertops
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Parking Spaces
  • 1 Carport Space

Utilities

  • Forced Air Heating System
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number 790-34-018

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,863

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 1640
  • Year Built: 1953
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Kitchen: Countertop - Granite
  • Living Sq Ft: 1640
  • Stories: 1
  • Laundry: Hookup - Washer/Dryer
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Parking Spaces: 4
  • Garage Parking Features: Carport
  • Carport Min: 1

Utilities

  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Parcel Number: 790-34-018
  • Lot Acres: 0.2230
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9731.30
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 9731.30

Multi Family

  • Utilities: Individual Electric Meters, Natural Gas

MLS Schools

  • High School District Text: Gilroy Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2016
Closed on
Mar 16, 2016
Sold by
Harmin Brothers Llc
Bought by
Hernandez Jose E and Hernandez Melba A
Seller's Agent
Daniel Li
Tera Real Estate
Buyer's Agent
Cesar Cadena
The Real Estate Center
List Price
$549,000
Sold Price
$550,000
Premium/Discount to List
$1,000
0.18%
Current Estimated Value
$944,791

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$394,791
Avg. Annual Appreciation
5.77%
Original Mortgage
$495,000
Outstanding Balance
$392,699
Interest Rate
3.72%
Mortgage Type
New Conventional
Estimated Equity
$552,092

Purchase Details

Closed on
Dec 24, 2012
Sold by
Li Daniel and Li Lin
Bought by
Harmin Brothers Llc

Purchase Details

Closed on
Dec 12, 2007
Sold by
Salazar Hector
Bought by
Li Daniel and Li Lin

Purchase Details

Closed on
Aug 26, 2005
Sold by
Salazar Hector
Bought by
Salazar Hector

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2002
Sold by
Salazar Pilar J and Salazar Elidia
Bought by
Salazar Hector

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
6.89%

Purchase Details

Closed on
Aug 17, 1994
Sold by
Salazar Pilar and Salazar Elidia
Bought by
Salazar Pilar and Salazar Elidia
Source: Public Records

Range of Values:

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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
Hernandez Jose E $550,000 Chicago Title Company
Harmin Brothers Llc -- None Available
Li Daniel $254,786 None Available
Salazar Hector -- Transcontinental Title Co
Salazar Hector $189,000 First American Title Guarant
Salazar Pilar -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Jose E $495,000
Previous Owner Salazar Hector $150,000
Previous Owner Salazar Hector $189,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/18/2016 03/18/16 Sold $550,000 +0.2% $335 / Sq Ft
02/25/2016 02/25/16 Pending -- -- --
02/05/2016 02/05/16 For Sale $549,000 -- $335 / 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
2025 $7,863 $651,080 $358,095 $292,985
2024 $7,863 $638,315 $351,074 $287,241
2023 $7,815 $625,800 $344,191 $281,609
2022 $7,686 $613,531 $337,443 $276,088
2021 $7,650 $601,502 $330,827 $270,675
2020 $7,566 $595,335 $327,435 $267,900
2019 $7,574 $583,663 $321,015 $262,648
2018 $7,086 $572,220 $314,721 $257,499
2017 $7,202 $561,000 $308,550 $252,450
2016 $6,521 $501,186 $249,654 $251,532
2015 $6,428 $493,658 $245,904 $247,754
2014 $6,355 $483,989 $241,088 $242,901
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2016

    Daniel Li

    Tera Real Estate

    Section Image

  • C

    Buyer's Agent in 2016

    Cesar Cadena

    The Real Estate Center

    Section Image
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Map

Source: MLSListings

MLS Number: ML81549498

MLSListings

APN: 790-34-018

California Santa Clara County Gilroy 95020 Las Animas

431 El Cerrito Way, Gilroy, CA

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