NOT LISTED FOR SALE

7081 Church St Gilroy, CA 95020

4 Beds
2 Baths
1,954 Sq Ft
7,492 Sq Ft Lot

Last Sold January 10, 2017

Last sale price $628,000 $321 Per Sq Ft

41 Days on Market

Highlights

  • Tile Countertops
  • Forced Air Heating System
  • 1-Story Property

About This Home

As of January 2017

Very nice RARE duplex located in the heart of Gilroy. Close to nearby school and shopping in Downtown Gilroy. Enjoy the fireworks at the school during 4th of July and the Gilroy Garlic Festival! This duplex has 2 units both 2Bedroom 1Bath and approx. 977square feet each. Duplex also includes 2 2-car garages that are attached to the units! Newer laminate flooring installed in unit B. Unit A renting for $1450 and unit B is renting for $1,550 (currently a 4.5% cap rate). Separate gas and electric meters. Wall mounted A/C units and central forced air heating. Low maintenance. Please do not disturb the tenants.

Last Agent to Sell the Property

Ryan Larocca

Intero Real Estate Services License #01967232 Listed on: 08/11/2016

Intero Real Estate Services

Last Buyer's Agent

Susan Jacobsen

Starritt Realtors License #00572040

Property Details

Home Type

  • Multi-Family

Year Built

  • 1985

Lot Details

  • 7,492 Sq Ft Lot

Parking

  • 4 Car Garage
  • On-Street Parking

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1,954 Sq Ft Home
  • 1-Story Property
  • Washer and Dryer Hookup

Kitchen

  • Gas Cooktop
  • Dishwasher
  • Tile Countertops

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $36,000

Community Details

Overview

Building Details

  • 2 Leased Units
  • Insurance Expense $740
  • Maintenance Expense $350
  • Utility Expense $1,200
  • Operating Expense $6,439
  • Gross Income $36,000

Property Details

Home Type

Multi-Family

Year Built

1985

Lot Details

0

Parking

4

Listing Details

  • Zoning: R-2
  • Subclass: Duplex
  • Age: 31
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1954
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1985

Interior Features

  • Kitchen: Cooktop - Gas, Countertop - Tile, Dishwasher
  • Living Sq Ft: 1954
  • Stories: 1
  • Laundry: Hookups Only

Exterior Features

  • Roof: Composition

Garage/Parking

  • Garage Spaces: 4
  • Parking Spaces: 4
  • Garage Parking Features: On Street, Parking Area

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Gilroy Unified
  • High School: Gilroy High
  • High School: 277

Lot Info

  • Lot Acres: 0.1720
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7501.03
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7501.03

Rental Info

  • Existing Lease Term(s): 1 Year Lease
  • Gross Rent Multiplier: 18.03
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 740
  • Expense Maintenance: 350
  • Expenses Total: 6439
  • Expenses Utility: 1200
  • Income Annual Gross: 36000.00
  • Income Annual Rental: 36000
  • Income Gross Scheduled: 36000
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance, Miscellaneous/Other, Utilities - Water
  • Tenant Expenses: Services - Sewer, Services - Trash Removal, Utilities - Electric, Utilities - Gas

Range of Values:

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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
01/10/2017 01/10/17 Sold $628,000 -3.2% $321 / Sq Ft
09/22/2016 09/22/16 Pending -- -- --
08/27/2016 08/27/16 Price Changed $649,000 -3.9% $332 / Sq Ft
08/11/2016 08/11/16 For Sale $675,000 -- $345 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2017

    Ryan Larocca

    Intero Real Estate Services

    Section Image
  • Susan Jacobsen

    Buyer's Agent in 2017

    Susan Jacobsen

    Starritt Realtors

    (408) 842-8261

    16 in this area

    45 Total Sales

    Susan Jacobsen
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81599585

MLSListings

APN: 799-11-047

California Santa Clara County Gilroy 95020

7081 Church St, Gilroy, CA

This home is located at 7081 Church St, Gilroy, CA 95020 since 11 August 2016. This property was built in 1985. 7081 Church St is a home located in Santa Clara County with nearby schools including Glen View Elementary School, Solorsano Middle School, and Gilroy High School.

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