NOT LISTED FOR SALE

494 5th St Gilroy, CA 95020

Estimated Value: $808,000 - $843,455

2 Beds
1 Bath
1,304 Sq Ft
$628/Sq Ft Est. Value

Last Sold October 30, 2024

Last sale price $800,000 $613 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,375/month

31 Days on Market

Highlights

  • Wood Flooring
  • Formal Dining Room
  • Bathtub with Shower
  • Breakfast Area or Nook
  • 3 Car Detached Garage
  • Central Air

About This Home

As of October 2024

Tired of cookie cutter houses on small lots? Tired of HOA dues & someone telling what you can & can't do with your house? Here's your opportunity to own a home with character & charm in a much sought after neighborhood! The "Willow Glen" of Gilroy!! Hardwood floors, dual pane windows, spacious eat-in kit, large formal dining room w/ built-in hutch, spacious living room w/ fireplace & builtin cabinets. Both bedrooms have exceptionally large closets for an older home! Bath room offers shower over tub with room to update. Spacious lot featuring large side yard to the east-ideal for ADU! Garages off Dowdy offer opportunity to build new garages w/ living quarters above!! Small basement ideal for wine cellar! Air conditioning has been added. Sooo much potential here!! Covered stone patio/enclosure w/ small room off it-built-in bar-b-q, age & condition unknown, table & benches included in sale, washer/dryer included

Last Agent to Sell the Property

Susan Jacobsen

Starritt Realtors License #00572040 Listed on: 09/12/2024

Last Buyer's Agent

Brandon Koehne

KW Bay Area Estates License #02015418

KW Bay Area Estates

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1922

Lot Details

  • 8,712 Sq Ft Lot
  • North Facing Home
  • Wood Fence
  • Level Lot
  • Back Yard Fenced
  • Zoning described as R1

Parking

  • 3 Car Detached Garage

Home Design

  • Fixer Upper
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,304 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Formal Dining Room
  • Unfinished Basement

Kitchen

  • Breakfast Area or Nook
  • Electric Oven
  • Electric Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower
  • Bathtub Includes Tile Surround

Laundry

  • Laundry in unit
  • Dryer

Utilities

  • Central Air
  • Heating System Uses Gas
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 799-18-042

Home Details

Home Type

Single Family

Year Built

Built in 1922

Lot Details

0

Parking

3

Listing Details

  • Subclass: Single Family Home
  • Property Condition: Fixer Upper
  • Listing Class: Residential
  • Structure Sq Ft: 1304
  • Year Built: 1922
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room
  • Dining Room: Breakfast Nook, Formal Dining Room
  • Kitchen: Cooktop - Electric, Dishwasher, Garbage Disposal, Oven Range - Electric
  • Living Sq Ft: 1304
  • Stories: 1
  • Laundry: Dryer, Electricity Hookup (220V), Inside
  • Flooring: Vinyl / Linoleum, Wood
  • Additional Rooms: Basement - Unfinished
  • Fireplaces Min: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Shower and Tub, Tile
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Yard/Grounds: Back Yard
  • Fencing: Fenced Back, Wood
  • Property Faces: North

Garage/Parking

  • Garage Spaces: 3
  • Garage Parking Features: Detached Garage

Utilities

  • Cooling System: Central AC
  • Heating System: Gas
  • Sewer/Septic System: Sewer - Public

Schools

  • High School: 277

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 799-18-042
  • Lot Acres: 0.2000
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8712.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8712.00

Multi Family

  • Utilities: Natural Gas, Public Utilities

MLS Schools

  • High School District Text: Gilroy Unified
  • Elementary School Text: El Roble Elementary
  • High School Text: Gilroy High
  • Middle School Text: Brownell Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2024
Closed on
Oct 23, 2024
Sold by
Ivelich 2012 Family Living Trust and Ivelich Anthony W
Bought by
Burgy Drew Glover
Seller's Agent
Susan Jacobsen
Starritt Realtors
Buyer's Agent
Brandon Koehne
KW Bay Area Estates
List Price
$850,999
Sold Price
$800,000
Premium/Discount to List
-$50,999
-5.99%
Views
35
Current Estimated Value
$831,530

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,530
Avg. Annual Appreciation
2.01%
Original Mortgage
$600,000
Outstanding Balance
$593,376
Interest Rate
6.09%
Mortgage Type
Balloon
Estimated Equity
$225,988

Purchase Details

Closed on
Mar 30, 2012
Sold by
Ivelich Anthony W and Ivelich Pamela J
Bought by
Ivelich Anthony W and Ivelich Pamela J

Purchase Details

Closed on
Jun 13, 2011
Sold by
Fumagalli Anthony J and Fumagalli Lavina L
Bought by
Ivelich Anthony W and Ivelich Pamela J

Purchase Details

Closed on
Apr 18, 2005
Sold by
Fumagalli Anthony J and Fumagalli Lavina L
Bought by
Fumagalli Anthony J and Fumagalli Lavina L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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

Purchase History

Date Buyer Sale Price Title Company
Burgy Drew Glover $800,000 Old Republic Title
Ivelich Anthony W -- None Available
Ivelich Anthony W -- None Available
Fumagalli Anthony J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burgy Drew Glover $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2024 10/30/24 Sold $800,000 -6.0% $613 / Sq Ft
10/13/2024 10/13/24 Pending -- -- --
09/12/2024 09/12/24 For Sale $850,999 -- $653 / 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 $844 $800,000 $650,000 $150,000
2024 $844 $57,676 $16,272 $41,404
2023 $838 $56,546 $15,953 $40,593
2022 $823 $55,439 $15,641 $39,798
2021 $816 $54,353 $15,335 $39,018
2020 $807 $53,796 $15,178 $38,618
2019 $801 $52,742 $14,881 $37,861
2018 $753 $51,709 $14,590 $37,119
2017 $765 $50,696 $14,304 $36,392
2016 $739 $49,703 $14,024 $35,679
2015 $701 $48,958 $13,814 $35,144
2014 $696 $48,000 $13,544 $34,456
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81975536

MLSListings

APN: 799-18-042