NOT LISTED FOR SALE

451 Fairview Dr Gilroy, CA 95020

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

Sale Details

Date Sold: October 7, 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
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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

7,074 Sq Ft Lot

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

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
Jul 11, 2022
Closed on
Oct 3, 2022
Sold by
Brar Kulwant Kaur
Bought by
Seller's Agent
Joseph Portale
Compass
Buyer's Agent
Navjit 'Jeet' Sangha
Coldwell Banker Realty
List Price
$898,000
Sold Price
$765,000
Premium/Discount to List
-$133,000
-14.81%
Views
20

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$612,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 11, 2022
Closed on
Sep 23, 2022
Sold by
Cherry Lane Llc
Bought by
Brar Baljinder Singh
Seller's Agent
Joseph Portale
Compass
Buyer's Agent
Navjit 'Jeet' Sangha
Coldwell Banker Realty
List Price
$898,000
Sold Price
$765,000
Premium/Discount to List
-$133,000
-14.81%
Views
20

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$612,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 2019
Sold by
Cox Hugh W and The Hugh Warren Cox Rlt
Bought by
Cherry Lane Llc

Purchase Details

Closed on
Sep 25, 2007
Sold by
Cox Hugh W
Bought by
Cox Hugh W and The First Amendment To The Hugh Warren C

Purchase Details

Closed on
Apr 4, 2007
Sold by
Cox Hugh W
Bought by
Cox Hugh W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2002
Sold by
Cox Hugh W
Bought by
Cox Hugh W and The Hugh Warren Cox Revocable Living Tr

Purchase Details

Closed on
Nov 20, 1998
Sold by
Michael Silkwood
Bought by
Cox Hugh W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
6.69%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
-- Orange Coast Title Company Of
Brar Baljinder Singh $765,000 Orange Coast Title Company Of
Cherry Lane Llc $639,000 Stewart Title Of Ca Inc
Cox Hugh W -- None Available
Cox Hugh W -- Southland Title Of San Diego
Cox Hugh W -- Accommodation
Cox Hugh W -- --
Cox Hugh W $215,000 Old Republic Title Company
Cox Hugh W -- Old Republic Title Company
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 $612,000
Previous Owner Cox Hugh W $325,000
Previous Owner Cox Hugh W $172,000
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
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

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 $9,844 $811,823 $477,543 $334,280
2025 $9,689 $795,906 $468,180 $327,726
2024 $9,689 $780,300 $459,000 $321,300
2023 $9,633 $765,000 $450,000 $315,000
2022 $8,501 $671,700 $367,911 $303,789
2021 $8,464 $658,531 $360,698 $297,833
2020 $8,371 $651,780 $357,000 $294,780
2019 $3,990 $302,139 $161,609 $140,530
2018 $3,729 $296,216 $158,441 $137,775
2017 $3,806 $290,409 $155,335 $135,074
2016 $3,724 $284,716 $152,290 $132,426
2015 $3,516 $280,440 $150,003 $130,437
2014 -- $274,947 $147,065 $127,882
Source: Public Records

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Map

Source: MLSListings

MLS Number: ML81899788

MLSListings

APN: 799-13-019

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