NOT LISTED FOR SALE

460 W 9th St Gilroy, CA 95020

6 Beds
2 Baths
1,828 Sq Ft
6,970 Sq Ft Lot

Last Sold September 17, 2015

Last sale price $645,000 $353 Per Sq Ft

4 Days on Market

Highlights

  • 2 Car Detached Garage
  • Forced Air Heating System
  • 1-Story Property
  • Tile Flooring
  • Fenced

About This Home

As of September 2015

Well cared for duplex across from Glenview Elementary. Composition roof, dual pane windows, newer heating systems. Tile kitchen counters and floors. Each side is three bedrooms, 1 bath and indoor laundry area. One car detached garage off rear alley. Brick wood burning fireplace in each unit. Tenants would like to stay. Tenant in 470 is a long term tenant and 460 moved in about two years ago.

Last Agent to Sell the Property

Brad Bannister

Coldwell Banker Realty License #00520922 Listed on: 08/26/2015

Coldwell Banker Realty

Last Buyer's Agent

David Zaria

Intero Real Estate Services License #01916037

Intero Real Estate Services

Property Details

Home Type

  • Multi-Family

Year Built

  • 1959

Lot Details

  • Fenced
  • Sprinkler System

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

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

Flooring

  • Carpet
  • Tile
  • Vinyl

Utilities

  • Forced Air Heating System
  • Separate Meters
  • 220 Volts
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $40,800

Community Details

Overview

Building Details

  • 2 Leased Units
  • Gardener Expense $720
  • Insurance Expense $1,815
  • Maintenance Expense $1,000
  • Operating Expense $5,769
  • Gross Income $39,576

Property Details

Home Type

Multi-Family

Year Built

1959

Lot Details

0

Parking

2

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

  • Kitchen: 220 Volt Outlet
  • Living Sq Ft: 1828
  • Stories: 1
  • Laundry: Hookups Only
  • Flooring: Carpet, Tile, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Yard/Grounds: Fenced, Sprinklers - Lawn
  • Construction Type: Wood Frame

Garage/Parking

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

Utilities

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

Schools

  • High School: 277

Lot Info

  • Lot Description: Regular
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6970.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6970.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 15.17
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 1815
  • Expense Landscape: 720
  • Expense Maintenance: 1000
  • Expenses Total: 5769
  • Income Annual Gross: 39576.00
  • Income Annual Rental: 40800
  • Income Gross Scheduled: 40800
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Insurance, Maintenance - Repair, Services - Gardener
  • Tenant Expenses: Services - Sewer, Services - Trash Removal, Utilities - Electric, Utilities - Heating, Utilities - Water
  • Vacancy Factor: 3

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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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

Property History

Date Event Price List to Sale Price per Sq Ft
09/17/2015 09/17/15 Sold $645,000 +4.2% $353 / Sq Ft
08/31/2015 08/31/15 Pending -- -- --
08/26/2015 08/26/15 For Sale $619,000 -- $339 / 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 $8,875 $728,028 $372,892 $355,136
2024 $8,875 $713,754 $365,581 $348,173
2023 $8,824 $699,760 $358,413 $341,347
2022 $8,679 $686,040 $351,386 $334,654
2021 $8,642 $672,590 $344,497 $328,093
2020 $8,547 $665,694 $340,965 $324,729
2019 $8,468 $652,642 $334,280 $318,362
2018 $7,907 $639,846 $327,726 $312,120
2017 $8,074 $627,300 $321,300 $306,000
2016 $7,914 $615,000 $315,000 $300,000
2015 $2,615 $206,283 $68,214 $138,069
2014 $2,599 $202,243 $66,878 $135,365
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2015

    Brad Bannister

    Coldwell Banker Realty

    Section Image

  • D

    Buyer's Agent in 2015

    David Zaria

    Intero Real Estate Services

    Section Image
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Map

Source: MLSListings

MLS Number: ML81501873

MLSListings

APN: 799-13-012

California Santa Clara County Gilroy 95020

460 W 9th St, Gilroy, CA

Not Listed for Sale

MultiFamily

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