Seller's Agent in 2016
Margaret Vierra
EXIT Realty Consultants
(408) 202-3243
5 in this area
47 Total Sales
640 E 8th St Gilroy, CA 95020
12
Beds
8
Baths
4,784
Sq Ft
0.31
Acres
Highlights
- 4 Car Detached Garage
- Tile Flooring
- Forced Air Heating and Cooling System
About This Home
As of June 201618 year old spacious 4 plex with below market rents. Upside potential. Approximatey 1196 sqft each, 3 beds/2 baths each, large walk-in closets, tile floors. Open and bright, 2 buildings, no common walls. All utilities separately metered. Lower levels have backyards approx 12'x30'. Upper units have balconies approx 7'x25'. Each unit has enclosed garage plus one assigned exterior parking space. Exterior painting scheduled. DO NOT DISTURB TENANTS. NO SIGN ON PROPERTY. MAKE OFFER SUBJECT TO INSPECTION.
Last Agent to Sell the Property
EXIT Realty Consultants License #01183425 Listed on: 05/10/2016
Property Details
Home Type
- Multi-Family
Year Built
- 1998
Lot Details
- 0.31
Parking
- 4 Car Detached Garage
- Assigned Parking
Home Design
- Quadruplex
- Slab Foundation
- Wood Frame Construction
- Composition Roof
Interior Spaces
- 4,784 Sq Ft Home
- 2-Story Property
- Tile Flooring
Additional Features
- 0.31 Acre Lot
- Forced Air Heating and Cooling System
Listing and Financial Details
- Total Actual Rent $80,400
Community Details
Overview
- 4,784 Sq Ft Building
Building Details
- 4 Leased Units
- Gardener Expense $480
- Insurance Expense $2,340
- Other Expense $480
- Utility Expense $420
- Trash Expense $2,484
- Operating Expense $17,533
- Gross Income $78,660
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/22/2016 06/22/16 | Sold | $1,125,000 | -6.3% | $235 / Sq Ft |
| 05/20/2016 05/20/16 | Pending | -- | -- | -- |
| 05/10/2016 05/10/16 | For Sale | $1,200,000 | -- | $251 / Sq Ft |
Source: MLSListings
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 | $16,164 | $1,331,766 | $591,896 | $739,870 |
| 2024 | $16,164 | $1,305,654 | $580,291 | $725,363 |
| 2023 | $16,071 | $1,280,054 | $568,913 | $711,141 |
| 2022 | $15,811 | $1,254,956 | $557,758 | $697,198 |
| 2021 | $15,745 | $1,230,350 | $546,822 | $683,528 |
| 2020 | $15,573 | $1,217,736 | $541,216 | $676,520 |
| 2019 | $15,428 | $1,193,859 | $530,604 | $663,255 |
| 2018 | $14,404 | $1,170,450 | $520,200 | $650,250 |
| 2017 | $14,712 | $1,147,500 | $510,000 | $637,500 |
| 2016 | $13,605 | $1,060,000 | $540,000 | $520,000 |
| 2015 | $11,329 | $920,000 | $460,000 | $460,000 |
| 2014 | $10,928 | $875,000 | $400,000 | $475,000 |
Source: Public Records
Agents Affiliated with this Home
-
Margaret Vierra
-
David Long
Buyer's Agent in 2016
David Long
Sereno Group
(408) 335-1400
1 in this area
108 Total Sales
Map
Source: MLSListings
MLS Number: ML81584765
APN: 841-12-055
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