NOT LISTED FOR SALE

661 Fairview Dr Gilroy, CA 95020

5 Beds
4 Baths
1,828 Sq Ft
7,074 Sq Ft Lot

Last Sold June 16, 2022

Last sale price $900,000 $492 Per Sq Ft

66 Days on Market

About This Home

As of June 2022

Do not disturb tenants or walk on property. Great location, close to schools, parks, great shopping. Great units, well maintained with long term tenants, both units have backyards, Great floorplans and great investment....Walking distance to the library, downtown Gilroy's many restaurants/bars/shops, and the CalTrain/VTA station! Quick access to 101 and Monterey Road for an easy commute.

Last Agent to Sell the Property

Mike Masoumi

RE/MAX Santa Clara Valley License #00887609 Listed on: 03/10/2022

Last Buyer's Agent

Leah Arenas

Coldwell Banker Realty License #02102532

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1959

Lot Details

  • 7,074 Sq Ft Lot
  • Level Lot

Home Design

  • Duplex
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,828 Sq Ft Home
  • 1-Story Property

Parking

  • Carport
  • On-Street Parking

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter
  • Septic Tank

Listing and Financial Details

  • Total Actual Rent $53,400

Community Details

Overview

Building Details

  • 2 Leased Units
  • Insurance Expense $1,100
  • Operating Expense $7,811
  • Gross Income $53,400

Property Details

Home Type

Multi-Family

Year Built

1959

Lot Details

7,074 Sq Ft Lot

Listing Details

  • Zoning: R3
  • Subclass: Duplex
  • Style: Ranch
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1828
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1959

Interior Features

  • Living Sq Ft: 1828
  • Stories: 1

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition
  • Construction Type: Wood, Wood Frame

Garage/Parking

  • Garage Parking Features: Carport, On Street

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Septic Connected

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1624
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7072.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7072.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 16.84
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 1100
  • Expenses Total: 7811
  • Income Annual Gross: 53400.00
  • Income Annual Rental: 53400
  • Income Gross Scheduled: 53400
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Tenant Expenses: Maintenance - Exterior, Services - Gardener/Landscaping, Services - Sewer, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Utilities - Water
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/16/2022 06/16/22 Sold $900,000 +0.1% $492 / Sq Ft
05/16/2022 05/16/22 Pending -- -- --
05/06/2022 05/06/22 Price Changed $899,500 +5.9% $492 / Sq Ft
05/01/2022 05/01/22 For Sale $849,000 0.0% $464 / Sq Ft
04/15/2022 04/15/22 Pending -- -- --
04/05/2022 04/05/22 For Sale $849,000 0.0% $464 / Sq Ft
04/04/2022 04/04/22 Pending -- -- --
03/23/2022 03/23/22 For Sale $849,000 0.0% $464 / Sq Ft
03/18/2022 03/18/22 Pending -- -- --
03/10/2022 03/10/22 For Sale $849,000 -- $464 / Sq Ft
Source: MLSListings

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81881863

MLSListings
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