NOT LISTED FOR SALE

5885 Monterey Frontage Rd Unit A Gilroy, CA 95020

Gilroy Area

Estimated Value: $1,246,000 - $1,712,840

2 Beds
2 Baths
968 Sq Ft
$1,537/Sq Ft Est. Value

Sale Details

Date Sold: April 29, 2021

Last sale price $1,260,000 $1,302 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $9,282 / mo

90 Days on Market

Highlights

  • 4.75 Acre Lot
  • Dining Room
  • 1-Story Property
  • Forced Air Heating System

About This Home

As of April 2021

Amazing Opportunity! Own a truly unique property with many income producing possibilities. Imagine your Vineyard and tasting room, organic farm, horse facility, dog facility/rescue, storage units, RV storage keep dreaming! Currently receiving $2400 in rent with endless possibilities for rental income. There are 2 homes, could be a family compound or rent one, live in one. There are two fabulous barns, great for storage and also to house animals, hay etc. This property is flat and would support a small farm that would produce farm products as well as crop growing. Previously there was a rose nursery with a gift shop in the red barn, there were goats, chickens, cattle and horses on the property. This lot borders the Gilroy Sports Park, it lays within the Urban Growth Boundary. There may be development possibility in the future. Newer septic tanks and leach lines have been installed. This property is a throwback to the old west and yet current in our new working from home environment.

Last Agent to Sell the Property

Lisa Faria

Coldwell Banker Realty License #01462310 Listed on: 12/09/2020

Coldwell Banker Realty

Last Buyer's Agent

Lisa Faria

Coldwell Banker Realty License #01462310 Listed on: 12/09/2020

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • 1900

Lot Details

  • 4.75

Home Design

  • Composition Roof

Interior Spaces

  • 968 Sq Ft Home
  • 1-Story Property
  • Dining Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • No Garage
  • Covered Parking

Utilities

  • Forced Air Heating System
  • Well
  • Septic Tank

Additional Features

  • 4.75 Acre Lot
  • Horses Potentially Allowed on Property

Home Details

Home Type

Single Family

Year Built

1900

Lot Details

4.75 Acres

Listing Details

  • Zoning: A-20A
  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 968
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1900

Interior Features

  • Family Room: No Family Room
  • Dining Room: No Formal Dining Room
  • Living Sq Ft: 968
  • Stories: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Roof: Composition
  • Horse Property: Possible

Garage/Parking

  • Garage Parking Features: Common Parking Area, No Garage, Room For Oversized Vehicle

Utilities

  • Heating System: Forced Air
  • Sewer/Septic System: Existing Septic

Schools

  • High School: 277

Lot Info

  • Lot Acres: 4.7534
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 207057.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 207057.00

Multi Family

  • Utilities: Public Utilities

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
Dec 9, 2020
Closed on
Apr 23, 2021
Sold by
Bought by
Seller's Agent
Lisa Faria
Coldwell Banker Realty
Buyer's Agent
Lisa Faria
Coldwell Banker Realty
List Price
$1,500,000
Sold Price
$1,260,000
Premium/Discount to List
-$240,000
-16%
Current Estimated Value
$1,487,613

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,613
Avg. Annual Appreciation
3.21%
Original Mortgage
$822,375
Outstanding Balance
$727,861
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$759,752

Purchase Details

Closed on
Mar 26, 2019
Sold by
Bought by

Purchase Details

Closed on
Aug 15, 2018
Sold by
Bought by

Purchase Details

Closed on
Sep 23, 2016
Sold by
Bought by

Purchase Details

Closed on
Oct 15, 1996
Sold by
Bought by

Purchase Details

Closed on
Aug 22, 1996
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

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
$1,260,000 First American Title Company
-- None Available
-- None Available
-- None Available
$280,000 Old Republic Title Company
$283,679 --
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
Open $822,375
Previous Owner $108,000
Previous Owner $75,000
Previous Owner $300,000
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
04/29/2021 04/29/21 Sold $1,260,000 -16.0% $1,302 / Sq Ft
03/09/2021 03/09/21 Pending -- -- --
12/09/2020 12/09/20 For Sale $1,500,000 -- $1,550 / 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 $16,649 $1,391,138 $761,814 $629,324
2025 $16,383 $1,363,862 $746,877 $616,985
2024 $16,383 $1,337,121 $732,233 $604,888
2023 $16,265 $1,310,904 $717,876 $593,028
2022 $15,975 $1,285,200 $703,800 $581,400
2021 $5,422 $419,779 $300,923 $118,856
2020 $5,357 $415,476 $297,838 $117,638
2019 $5,217 $407,331 $291,999 $115,332
2018 $4,888 $399,345 $286,274 $113,071
2017 $4,991 $391,515 $280,661 $110,854
2016 $4,841 $383,839 $275,158 $108,681
2015 $4,559 $378,074 $271,025 $107,049
2014 $4,489 $370,669 $265,716 $104,953
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2021

    Lisa Faria

    Coldwell Banker Realty

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Map

Source: MLSListings

MLS Number: ML81821658

MLSListings

APN: 808-21-013

California Santa Clara County Gilroy 95020

5885 Monterey Frontage Rd Unit A, Gilroy, CA

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