NOT LISTED FOR SALE

451 Fairview Dr Gilroy, CA 95020

5 Beds
2 Baths
1,828 Sq Ft
7,074 Sq Ft Lot

Last Sold October 07, 2022

Last sale price $765,000 $418 Per Sq Ft

58 Days on Market

About This Home

As of October 2022

Amazing opportunity to own this duplex property in the heart of Gilroy! Close proximity to dining, shopping, schools and parks, you can't beat this location! This duplex has great curb appeal with a nicely landscaped front yard with mature trees & grass lawn. The first unit offers 928 square feet of living space with 3 bedrooms & 1 bathroom. The second unit offers 900 square feet of living space with 2 bedrooms & 1 bathroom. Beautiful wood-burning fireplaces in both units are nice centerpieces to the large main living rooms. The bedroom's closets offer a vast amount of storage options & the bathrooms offer a shower/tub combination. The dine-in kitchens have plenty of storage & the laundry nooks are an added bonus. The private yards are generously sized & also include storage unit sheds. This duplex offers dual pane windows & newer roof. The 621-631 Fairview duplex a few doors down is also for sale (ML81899792). So much potential awaits, come take a look for yourself!

Last Agent to Sell the Property

Joseph Portale

Compass License #01800376 Listed on: 07/11/2022

Compass

Last Buyer's Agent

Navjit 'Jeet' Sangha

Coldwell Banker Realty License #02014485

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1959

Lot Details

  • 7,074 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 1,828 Sq Ft Home
  • 1-Story Property
  • Washer and Dryer Hookup

Utilities

  • Wall Furnace
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $58,008

Community Details

Overview

Building Details

  • 2 Leased Units
  • Gardener Expense $1,400
  • Insurance Expense $1,200
  • Maintenance Expense $185
  • Manager Expense $1,939
  • Other Expense $140
  • Trash Expense $855
  • Operating Expense $11,219
  • Gross Income $58,008

Property Details

Home Type

Multi-Family

Year Built

1959

Lot Details

0

Listing Details

  • Zoning: R3
  • Subclass: Duplex
  • Style: Ranch
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1828
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1959

Interior Features

  • Living Sq Ft: 1828
  • Stories: 1
  • Laundry: Hookups Only

Exterior Features

  • Foundation: Raised
  • Roof: Composition

Garage/Parking

  • Parking Spaces: 2
  • Garage Parking Features: Detached Garage

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer Connected

Schools

  • High School: 277

Lot Info

  • Lot Acres: 0.1624
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7072.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7072.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 13.76
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Gas Meters
  • Expense Insurance: 1200
  • Expense Landscape: 1400
  • Expense Maintenance: 185
  • Expense Management: 1939
  • Expenses Other: 140
  • Expenses Total: 11219
  • Expense Trash: 855
  • Income Annual Gross: 58008.00
  • Income Annual Rental: 58008
  • Income Gross Scheduled: 58008
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Water

Range of Values:

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

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2022 10/07/22 Sold $765,000 -4.1% $418 / Sq Ft
09/08/2022 09/08/22 Pending -- -- --
08/17/2022 08/17/22 Price Changed $798,000 -11.1% $437 / Sq Ft
07/11/2022 07/11/22 For Sale $898,000 -- $491 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81899788

MLSListings

APN: 799-13-019