NOT LISTED FOR SALE

7041 Monterey St Gilroy, CA 95020

Estimated Value: $1,124,627

4 Beds
3.5 Baths
2,678 Sq Ft
$420/Sq Ft Est. Value

Last Sold February 01, 2022

Last sale price $1,140,000 $426 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $7,069/month

92 Days on Market

Highlights

  • Family Room with Fireplace
  • Wood Flooring
  • Workshop
  • Vaulted Ceiling
  • Granite Countertops
  • Eat-In Kitchen

About This Home

As of February 2022

ENVISION THE OPPORTUNITIES!! Charming Spanish style 3 bed/2 baths + sep 1 bed/1 bath studio (Total home approx. 1978 sq. ft). Live in one -rent the other. Restaurant-retail space (approx. 700 sq ft) connected allowing a wonderful work life environment. Best of both worlds! Mixed Use-Commercial - Residential in "Downtown Expansion District" = City Benefits. Huge ¼ acre lot w/room to expand all buildings if desired. Extensively updated w/new granite countertops, cabinets, DP windows, individual AC/Heat units, electrical & plumbing, bathrooms, hardwood floors. Farmers Delight - fantastic ¼ acre entertaining space & orchard. Raised planter beds, oranges, figs, apples, grapes and more. Fully fenced and family friendly huge back yard. Additional stand-alone storage building approximately 400 sq ft. plus multiple other out-buildings and storage sheds. Dream Opportunity for family, Entrepreneur or Food Truck Owner looking to live in one and work in the other. Welcome Home!!

Last Agent to Sell the Property

Trevor Feichtmann

Intero Real Estate Services License #02049253 Listed on: 09/29/2021

Intero Real Estate Services

Last Buyer's Agent

Graciela Cardona

Coldwell Banker Realty License #02061941

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • 1935

Lot Details

  • 0.28 Acre Lot

Home Design

  • Tile Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,678 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Dining Area
  • Workshop
  • Storage Room
  • Gas Dryer Hookup
  • Utility Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Oven or Range
  • Granite Countertops

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Granite Bathroom Countertops
  • Bathtub with Shower

Parking

  • 3 Carport Spaces
  • Guest Parking

Utilities

  • Zoned Heating and Cooling
  • Floor Furnace

Community Details

  • Courtyard

Home Details

Home Type

Single Family

Year Built

1935

Lot Details

0

Listing Details

  • Zoning: CZ
  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 2678
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1935

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Living Room, Wood Burning
  • Dining Room: Breakfast Bar, Dining Area, Eat In Kitchen
  • Kitchen: Countertop - Granite, Oven Range
  • Fireplace: Yes
  • Living Sq Ft: 2678
  • Stories: 1
  • Laundry: Gas Hookup
  • Flooring: Hardwood, Laminate, Tile
  • Additional Rooms: Storage, Utility Room, Workshop
  • Fireplaces Min: 2
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Granite, Shower And Tub

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition, Tile
  • Yard/Grounds: Courtyard

Garage/Parking

  • Garage Parking Features: Carport, Guest / Visitor Parking
  • Carport Min: 3

Utilities

  • Cooling System: Ceiling Fan, Multi-Zone
  • Heating System: Fireplace, Floor Furnace, Heating - 2+ Zones, Individual Room Controls
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Vaulted Ceiling

Lot Info

  • Lot Acres: 0.2810
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 12240.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 12240.00

Multi Family

  • Utilities: Public Utilities
  • Second Unit Description: 1/1 studio

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 22, 2025
Sold by
Pacheco Luis R
Bought by
Pacheco Luis R
Current Estimated Value
$1,124,627

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$629,000
Outstanding Balance
$529,958
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$604,688

Purchase Details

Listed on
Sep 29, 2021
Closed on
Jan 14, 2022
Sold by
Fong Chee K and Fong Carole
Bought by
Pacheco Luis R
Seller's Agent
Trevor Feichtmann
Intero Real Estate Services
Buyer's Agent
Graciela Cardona
Coldwell Banker Realty
List Price
$1,200,000
Sold Price
$1,140,000
Premium/Discount to List
-$60,000
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.12%
Original Mortgage
$1,096,000
Interest Rate
3.22%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 25, 2017
Closed on
Dec 27, 2017
Sold by
Oliveri Anthony M and Oliveri Julieanne
Bought by
Fong Chee K and Fong Carolwe
Seller's Agent
Leslie Ames
Intero Real Estate Services
Buyer's Agent
Deborah Teng
Century 21 MM
List Price
$899,000
Sold Price
$920,000
Premium/Discount to List
$21,000
2.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.40%

Purchase Details

Closed on
Jun 5, 2006
Sold by
Oliveri Anthony M and Oliveri Julieanne
Bought by
Oliveri Anthony M and Oliveri Julieanne
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

Date Buyer Sale Price Title Company
Pacheco Luis R -- Chicago Title
Pacheco Luis R -- Chicago Title
Pacheco Luis R $1,140,000 Orange Coast Title
Fong Chee K $920,000 Old Republic Title Co
Oliveri Anthony M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pacheco Luis R $629,000
Previous Owner Pacheco Luis R $1,096,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/01/2022 02/01/22 Sold $1,140,000 0.0% $426 / Sq Ft
01/01/2022 01/01/22 Off Market $1,140,000 -- --
12/31/2021 12/31/21 Pending -- -- --
12/22/2021 12/22/21 Price Changed $1,150,000 -4.2% $429 / Sq Ft
09/29/2021 09/29/21 For Sale $1,200,000 +30.4% $448 / Sq Ft
01/03/2018 01/03/18 Sold $920,000 +2.3% $345 / Sq Ft View Prior Sale
10/21/2017 10/21/17 Pending -- -- --
09/05/2017 09/05/17 For Sale $899,000 0.0% $337 / Sq Ft
08/25/2017 08/25/17 For Sale $899,000 -2.3% $337 / Sq Ft
08/25/2017 08/25/17 Off Market $920,000 -- --
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 $14,743 $1,209,776 $955,087 $254,689
2024 $14,743 $1,186,056 $936,360 $249,696
2023 $14,657 $1,162,800 $918,000 $244,800
2022 $12,503 $986,423 $305,576 $680,847
2021 $12,446 $967,083 $299,585 $667,498
2020 $12,309 $957,168 $296,514 $660,654
2019 $12,195 $938,400 $290,700 $647,700
2018 $2,969 $234,559 $109,237 $125,322
2017 $3,023 $229,961 $107,096 $122,865
2016 $2,953 $225,453 $104,997 $120,456
2015 $2,789 $222,067 $103,420 $118,647
2014 $2,768 $217,718 $101,395 $116,323
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81864669

MLSListings

APN: 799-11-039