NOT LISTED FOR SALE

550 Adams Ct Gilroy, CA 95020

Estimated Value: $741,000 - $777,000

3 Beds
1.5 Baths
1,190 Sq Ft
$643/Sq Ft Est. Value

Last Sold October 10, 2024

Last sale price $780,000 $655 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $4,460/month

8 Days on Market

Highlights

  • Primary Bedroom Suite
  • Open to Family Room
  • Bathtub with Shower
  • Christopher High School Rated A-
  • 1 Car Attached Garage
  • Tile Flooring

About This Home

As of October 2024

Welcome to this charming 3-bedroom, 1.5 bathroom single family home, offering the perfect blend of space and functionality. Ideal for first-time buyers, entrepreneurs, and investors alike, this residence features a versatile extra room, perfect for an office or playroom. Unique to this property is the exclusive backyard access, accommodating parking for a boat, RV, or the opportunity to build an ADU. Enjoy the added convenience of being close to schools, premium outlets and the vibrant downtown Gilroy, with ample shopping, dining, and entertainment options. Affordable and well-located, this home presents a fantastic opportunity for both personal use and investment potential.

Last Agent to Sell the Property

Iris Garcia

Compass License #02179660 Listed on: 08/28/2024

Compass

Last Buyer's Agent

Jorge Sanchez

Cedavivienda Realty License #01202825

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1977

Lot Details

  • 4,792 Sq Ft Lot
  • Back Yard Fenced
  • Zoning described as R1

Parking

  • 1 Car Attached Garage

Home Design

  • Slab Foundation
  • Shingle Roof
  • Fiberglass Roof

Interior Spaces

  • 1,190 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Dining Area
  • Open to Family Room

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Bathtub with Shower

Laundry

  • Laundry Located Outside
  • Washer and Dryer

Utilities

  • Forced Air Heating System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 841-62-054

Home Details

Home Type

Single Family

Year Built

Built in 1977

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch
  • Listing Class: Residential
  • Structure Sq Ft: 1190
  • Year Built: 1977
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Living Room
  • Dining Room: Dining Area
  • Living Sq Ft: 1190
  • Stories: 1
  • Bedrooms: Primary Suite / Retreat
  • Laundry: Outside, Washer / Dryer
  • Flooring: Laminate, Tile
  • Fireplaces Min: 1
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Showers over Tubs - 2+
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Fiberglass, Shingle
  • Fencing: Fenced Back

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 1
  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Forced Air
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Parcel Number: 841-62-054
  • Lot Acres: 0.1100
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4792.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4792.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Gilroy Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2024
Closed on
Oct 2, 2024
Sold by
Ramirez Guillermo and Ramirez Jorge Luis
Bought by
Rubio Kenia L Gomez and Portillo Edgard A
Seller's Agent
Iris Garcia
Compass
Buyer's Agent
Jorge Sanchez
Cedavivienda Realty
List Price
$720,000
Sold Price
$780,000
Premium/Discount to List
$60,000
8.33%
Views
69
Current Estimated Value
$764,961

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,039
Avg. Annual Appreciation
-1.51%
Original Mortgage
$765,872
Outstanding Balance
$757,821
Interest Rate
6.35%
Mortgage Type
FHA
Estimated Equity
$7,140

Purchase Details

Closed on
Nov 21, 2016
Sold by
Mendoza Leticia T and Mendoza Agapito
Bought by
Ramirez Guillermo and Ramirez Jorge Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,392
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 26, 2011
Sold by
Cortez Robert G
Bought by
Mendoza Leticia T and Mendoza Agapito

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,789
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 25, 2011
Sold by
Mendoza Agapito L
Bought by
Mendoza Leticia T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,789
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 18, 2008
Sold by
Cortez Priscilla
Bought by
Cortez Robert G

Purchase Details

Closed on
Nov 17, 2008
Sold by
Wachovia Mortgage Fsb
Bought by
Cortez Robert G

Purchase Details

Closed on
Oct 1, 2008
Sold by
Mendoza Patricia
Bought by
Wachovia Mortgage Fsb

Purchase Details

Closed on
Dec 17, 2004
Sold by
Perez Gustavo Domingues
Bought by
Mendoza Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,000
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 25, 2002
Sold by
Frias Ramon and Frias Francisca
Bought by
Perez Gustavo Domingues

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
7.25%
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Rubio Kenia L Gomez $780,000 First American Title
Ramirez Guillermo $420,000 Fidelity National Title Co
Ramirez Guillermo -- Fidelity National Title Co
Mendoza Leticia T $245,000 Fidelity National Title Co
Mendoza Leticia T -- Fidelity National Title Co
Cortez Robert G -- Fidelity National Title Co
Cortez Robert G $245,000 Fidelity National Title Co
Wachovia Mortgage Fsb $163,180 None Available
Mendoza Patricia -- Chicago Title
Perez Gustavo Domingues $355,000 Stewart Title Of California
Perez Gustavo Domingues -- Stewart Title Of California
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rubio Kenia L Gomez $765,872
Previous Owner Ramirez Guillermo $412,392
Previous Owner Mendoza Leticia T $238,789
Previous Owner Mendoza Patricia $364,000
Previous Owner Perez Gustavo Domingues $284,000
Closed Perez Gustavo Domingues $71,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/10/2024 10/10/24 Sold $780,000 +8.3% $655 / Sq Ft
09/06/2024 09/06/24 Pending -- -- --
08/28/2024 08/28/24 For Sale $720,000 -- $605 / 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 $5,985 $780,000 $429,000 $351,000
2024 $5,985 $477,884 $341,347 $136,537
2023 $5,950 $468,514 $334,654 $133,860
2022 $5,852 $459,329 $328,093 $131,236
2021 $5,826 $450,323 $321,660 $128,663
2020 $5,762 $445,706 $318,362 $127,344
2019 $5,709 $436,968 $312,120 $124,848
2018 $5,333 $428,400 $306,000 $122,400
2017 $5,444 $420,000 $300,000 $120,000
2016 $3,674 $259,953 $116,926 $143,027
2015 $3,479 $256,049 $115,170 $140,879
2014 $3,405 $251,034 $112,914 $138,120
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81978225

MLSListings

APN: 841-62-054