NOT LISTED FOR SALE

5815 Monterey Rd Gilroy, CA 95020

Estimated Value: $1,630,000

3 Beds
2 Baths
2,000 Sq Ft
$815/Sq Ft Est. Value

Last Sold June 23, 2017

Last sale price $850,000 $425 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $9,415/month

37 Days on Market

Highlights

  • 8.47 Acre Lot
  • Bathtub
  • Forced Air Heating System
  • Wood Flooring
  • Walk-in Shower
  • 5-minute walk to Gilroy Sports Park

About This Home

As of June 2017

PRICED TO SELL. A great opportunity to own two properties located on 8.5 usable farming acres! Home located within a few minutes from the Gilroy Outlets. An ideal home for farmers who want to start their own business. Needs some updating repairs but ha a lot of potential. Main home includes 3/bed2bath with a granny house that includes 2bed/1bath its own kitchen and family room. HOME HAS A TON OF BUSINESS AND PERSONAL POTENTIAL.

Last Agent to Sell the Property

Andres Fernandez

Bay Shore Real Estate, Inc. License #01727511 Listed on: 04/18/2017

Last Buyer's Agent

Ricardo Arteaga

Intero Real Estate Services License #01903391

Intero Real Estate Services

Property Details

Property Type

  • Other

Year Built

  • 1964

Lot Details

  • 8.47

Parking

  • No Garage

Home Design

  • Farm
  • Slab Foundation
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,000 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Separate Family Room
  • Dining Area
  • Wood Flooring
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub
  • Walk-in Shower

Utilities

  • Forced Air Heating System
  • Well
  • Septic Tank

Additional Features

  • 8.47 Acre Lot
  • Horses Potentially Allowed on Property

Community Details

Property Details

Property Type

Other

Year Built

1964

Lot Details

0

Listing Details

  • Zoning: A-20A
  • Subclass: Farm / Ranch
  • Listing Class: Residential
  • Structure Sq Ft: 2000
  • Special Features: None
  • Property Sub Type: Other
  • Year Built: 1964

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Wood Burning
  • Dining Room: Dining Area
  • Fireplace: Yes
  • Living Sq Ft: 2000
  • Stories: 1
  • Laundry: Hookups Only
  • Flooring: Hardwood
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Stall Shower, Tub

Exterior Features

  • Foundation: Concrete Perimeter, Concrete Slab
  • Roof: Shingle
  • Horse Property: Possible

Garage/Parking

  • Garage Parking Features: No Garage

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Existing Septic, Septic Connected

Lot Info

  • Lot Acres: 8.4700
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 368953.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 368953.00

Multi Family

  • Utilities: Public Utilities
  • Second Unit Description: 2BED/1BATH

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 26, 2018
Sold by
Revolution Investmnents Llc
Bought by
Tran Hai Phuoc
Current Estimated Value
$1,630,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$419,530
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$1,210,470

Purchase Details

Listed on
Apr 18, 2017
Closed on
Jun 28, 2017
Sold by
Tran Hai
Bought by
Revolution Investment Llc
Seller's Agent
Andres Fernandez
Bay Shore Real Estate, Inc.
Buyer's Agent
Ricardo Arteaga
Intero Real Estate Services
List Price
$875,000
Sold Price
$850,000
Premium/Discount to List
-$25,000
-2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.90%

Purchase Details

Listed on
Apr 18, 2017
Closed on
May 31, 2017
Sold by
U S Bank Trust Na
Bought by
Tran Hai
Seller's Agent
Andres Fernandez
Bay Shore Real Estate, Inc.
Buyer's Agent
Ricardo Arteaga
Intero Real Estate Services
List Price
$875,000
Sold Price
$850,000
Premium/Discount to List
-$25,000
-2.86%

Purchase Details

Closed on
Nov 21, 2016
Sold by
Fonseca Rodolfo
Bought by
Us Bank Trust Na

Purchase Details

Closed on
Sep 22, 2004
Sold by
Alvarez Hernandez Alma G
Bought by
Fonseca Rodolfo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2004
Sold by
Yu John C and Yu Connie
Bought by
Fonseca Rodolfo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 21, 2003
Sold by
Yu John C and Yu Connie
Bought by
Yu John C and Yu Connie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 18, 1999
Sold by
Yu John C and Yu Connie
Bought by
Yu John C and Yu Connie

Purchase Details

Closed on
Aug 27, 1998
Sold by
Yu John C and Yu Connie
Bought by
Yu John C and Yu Connie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage
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
Tran Hai Phuoc $500,000 Orange Coast Title Co
Revolution Investment Llc $425,000 None Available
Tran Hai $850,000 Chicago Title Company
Us Bank Trust Na $784,671 Accommodation
Fonseca Rodolfo -- Alliance Title Company
Fonseca Rodolfo $1,050,000 Alliance Title Company
Yu John C -- Chicago Title
Yu John C -- --
Yu John C -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tran Hai Phuoc $500,000
Previous Owner Fonseca Rodolfo $840,000
Previous Owner Yu John C $260,000
Previous Owner Yu John C $165,000
Closed Fonseca Rodolfo $105,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/23/2017 06/23/17 Sold $850,000 -2.9% $425 / Sq Ft
05/26/2017 05/26/17 Pending -- -- --
05/19/2017 05/19/17 For Sale $875,000 0.0% $438 / Sq Ft
04/18/2017 04/18/17 For Sale $875,000 +2.9% $438 / Sq Ft
04/18/2017 04/18/17 Off Market $850,000 -- --
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 $11,694 $967,151 $625,804 $341,347
2024 $11,694 $948,188 $613,534 $334,654
2023 $11,609 $929,597 $601,504 $328,093
2022 $11,402 $911,370 $589,710 $321,660
2021 $11,350 $893,501 $578,148 $315,353
2020 $11,213 $884,340 $572,220 $312,120
2019 $11,103 $867,000 $561,000 $306,000
2018 $10,259 $850,000 $550,000 $300,000
2017 $10,001 $790,000 $390,000 $400,000
2016 $15,527 $1,236,363 $706,494 $529,869
2015 $14,558 $1,217,792 $695,882 $521,910
2014 $14,392 $1,193,938 $682,251 $511,687
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81647222

MLSListings

APN: 808-22-001