NOT LISTED FOR SALE

7191 Rosanna St Gilroy, CA 95020

Gilroy Area
7 Beds
5 Baths
2,700 Sq Ft
9,291 Sq Ft Lot

Sale Details

Date Sold: September 5, 2024

Last sale price $1,395,000 $517 Per Sq Ft

76 Days on Market

Highlights

  • 3 Car Attached Garage
  • Tile Flooring
  • 1-Story Property

About This Home

As of September 2024

This gives a rare opportunity for an investor to own a whole corner lot in Gilroy zoned R3.This corner property offers a unique combination of a duplex on Rosanna Street and a single-family detached house on 8th Street. Each unit is individually metered for all utilities, with the owner covering the cost of garbage. The duplex features two units, each boasting three bedrooms and one and a half bathrooms. Both units include an attached single-car garage with sectional roll-up doors and an indoor laundry room. Additionally, both units have newer replacement windows. The single-level detached house includes two bedrooms and one full bathroom, along with an attached single-car garage. This versatile property is well-maintained and ready for occupancy, providing a great opportunity for both investors and homeowners.

Last Agent to Sell the Property

Teri Fortino

Compass License #01061765 Listed on: 06/05/2024

Compass

Last Buyer's Agent

Laura Vasquez

Compass License #02098169

Compass
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Property Details

Home Type

  • Multi-Family

Year Built

  • 1969

Lot Details

  • 9,291 Sq Ft Lot

Parking

  • 3 Car Attached Garage
  • 3 Carport Spaces
  • On-Street Parking
  • Off-Site Parking

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,700 Sq Ft Home
  • 1-Story Property

Kitchen

  • Electric Oven
  • Range Hood

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $100,080

Community Details

Overview

  • 2,700 Sq Ft Building

Building Details

  • 3 Leased Units
  • Insurance Expense $5,000
  • Maintenance Expense $3,000
  • Utility Expense $4,200
  • Operating Expense $24,075
  • Gross Income $100,080

Property Details

Home Type

Multi-Family

Year Built

1969

Lot Details

9,291 Sq Ft Lot

Parking

3

Listing Details

  • Zoning: R3
  • Subclass: Multiple Dwellings / Structures
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2700
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1969

Interior Features

  • Kitchen: Dual Fuel, Hood Over Range, Oven Range - Electric
  • Living Sq Ft: 2700
  • Stories: 1
  • Flooring: Laminate, Tile, Carpet, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 3
  • Parking Spaces: 3
  • Garage Parking Features: Attached Garage, On Street, Off-Site Parking
  • Carport Min: 3

Utilities

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

Lot Info

  • Lot Acres: 0.2133
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9291.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 9291.00

Rental Info

  • Existing Lease Term(s): Month To Month, Security Deposit
  • Gross Rent Multiplier: 14.48
  • Number Of Leased: 3

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Natural Gas
  • Expense Insurance: 5000
  • Expense Maintenance: 3000
  • Expenses Total: 24075
  • Expenses Utility: 4200
  • Income Annual Gross: 100080.00
  • Income Annual Rental: 100080
  • Income Gross Scheduled: 100080
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 2
  • Operating Expenses Include: Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Water

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
Jun 5, 2024
Closed on
Sep 4, 2024
Sold by
Bought by
Seller's Agent
Teri Fortino
Compass
Buyer's Agent
Laura Vasquez
Compass
List Price
$1,498,000
Sold Price
$1,395,000
Premium/Discount to List
-$103,000
-6.88%
Views
27

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$642,900
Outstanding Balance
$630,048
Interest Rate
6.78%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 5, 2024
Closed on
Aug 24, 2024
Sold by
Bought by
Seller's Agent
Teri Fortino
Compass
Buyer's Agent
Laura Vasquez
Compass
List Price
$1,498,000
Sold Price
$1,395,000
Premium/Discount to List
-$103,000
-6.88%
Views
27

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$642,900
Outstanding Balance
$630,048
Interest Rate
6.78%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 25, 2023
Closed on
Oct 5, 2023
Sold by
Bought by
Seller's Agent
Chris Ordaz
Intero Real Estate Services
Buyer's Agent
Teri Fortino
Compass
List Price
$899,000
Sold Price
$950,000
Premium/Discount to List
$51,000
5.67%
Views
17

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
53.25%

Purchase Details

Listed on
Sep 25, 2023
Closed on
Oct 4, 2023
Sold by
Bought by
Seller's Agent
Chris Ordaz
Intero Real Estate Services
Buyer's Agent
Teri Fortino
Compass
List Price
$899,000
Sold Price
$950,000
Premium/Discount to List
$51,000
5.67%
Views
17

Purchase Details

Closed on
Nov 12, 2015
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
-- Old Republic Title
$1,395,000 Old Republic Title
-- Old Republic Title
-- Old Republic Title
-- Old Republic Title
$950,000 Old Republic Title
-- None Available
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 $642,900
Previous Owner $45,000
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 Prior Sale
09/05/2024 09/05/24 Sold $1,395,000 -3.7% $517 / Sq Ft
08/21/2024 08/21/24 Pending -- -- --
07/19/2024 07/19/24 Price Changed $1,449,000 -3.3% $537 / Sq Ft
06/05/2024 06/05/24 For Sale $1,498,000 +57.7% $555 / Sq Ft
10/11/2023 10/11/23 Sold $950,000 +5.7% $352 / Sq Ft View Prior Sale
09/27/2023 09/27/23 Pending -- -- --
09/25/2023 09/25/23 For Sale $899,000 -- $333 / 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 $17,142 $1,422,900 $816,000 $606,900
2025 $11,749 $1,395,000 $800,000 $595,000
2024 $11,749 $950,000 $670,000 $280,000
2023 $982 $69,221 $21,285 $47,936
2022 $964 $67,865 $20,868 $46,997
2021 $957 $66,535 $20,459 $46,076
2020 $947 $65,854 $20,250 $45,604
2019 $939 $64,563 $19,853 $44,710
2018 $898 $63,298 $19,464 $43,834
2017 $912 $62,058 $19,083 $42,975
2016 $884 $60,842 $18,709 $42,133
2015 $838 $59,929 $18,428 $41,501
2014 $798 $58,757 $18,068 $40,689
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81968362

MLSListings

APN: 799-12-033

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