Seller's Agent in 2024
Tino Le
Pacificwide Real Estate & Mortgage
(408) 532-1278
3 in this area
49 Total Sales
7221 Forest St Gilroy, CA 95020
Estimated Value: $991,000 - $1,083,000
6
Beds
3.5
Baths
1,780
Sq Ft
$585/Sq Ft
Est. Value
Highlights
- Breakfast Area or Nook
- Combination Dining and Living Room
- 2-minute walk to Forest Street Park
- Forced Air Heating and Cooling System
- 1-Story Property
About This Home
As of August 2024One of a lifetime opportunity to buy one property and get TWO HOMES! The main house has 3 bedroom and 2 bathrooms, with a private backyard and driveway. There is also a bonus room detached to the main house that has a full bathroom and living room. The rear unit has 3 bedrooms and 1 bathrooms, with separate own entrance, private backyard, and driveway; built with permits perfect as a rental unit or multi-generational living. Rear unit has brand new laminate flooring and new paint ready to rent out. Both units are on separate electric and gas meters. This is a perfect opportunity to own a property where you can generate rental income from the rear unit and still live privately in the main unit. Current owner had ADU rented for $3,000/month. Convenient location close to schools, shopping centers, and freeway access.
Last Agent to Sell the Property
Pacificwide Real Estate & Mortgage License #02082031 Listed on: 06/17/2024
Home Details
Home Type
- Single Family
Year Built
- Built in 1890
Lot Details
- 9,148 Sq Ft Lot
- Zoning described as M2
Home Design
- Reinforced Concrete Foundation
- Composition Roof
Interior Spaces
- 1,780 Sq Ft Home
- 1-Story Property
- Combination Dining and Living Room
- Crawl Space
Kitchen
- Breakfast Area or Nook
- Open to Family Room
Bedrooms and Bathrooms
- 6 Bedrooms
Parking
- Garage
- Garage Door Opener
Utilities
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 841-11-014
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 17, 2024
Closed on
Aug 28, 2024
Sold by
Moreno Roy A and Moreno Mary I
Bought by
Lopez Gabriel Salome Guzma and De Jaquez Maria
Seller's Agent
Tino Le
Pacificwide Real Estate & Mortgage
Buyer's Agent
juliana espinosa
Realty ONE Group Future
List Price
$1,080,000
Sold Price
$1,060,000
Premium/Discount to List
-$20,000
-1.85%
Views
36
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,782
Avg. Annual Appreciation
-1.35%
Original Mortgage
$795,000
Outstanding Balance
$786,560
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$254,658
Purchase Details
Closed on
Dec 9, 2015
Sold by
Gorr Donald W
Bought by
Moreno Roy A and Moreno Mary I
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,765
Interest Rate
3.99%
Mortgage Type
FHA
Purchase Details
Closed on
Nov 16, 2010
Sold by
Gorr Yolanda
Bought by
Gorr Donald W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,750
Interest Rate
4.23%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 12, 2010
Sold by
Aurora Loan Services Llc
Bought by
Gorr Donald W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,750
Interest Rate
4.23%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 13, 2009
Sold by
Ortiz Raul and Quintanar Simona
Bought by
Aurora Loan Services Llc
Purchase Details
Closed on
Feb 14, 2007
Sold by
The Kennedy Family Lp
Bought by
Ortiz Raul and Quintanar Simona
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$616,000
Interest Rate
7.75%
Mortgage Type
Stand Alone Second
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lopez Gabriel Salome Guzma | $1,060,000 | Wfg National Title Insurance C | |
| Moreno Roy A | $289,000 | North American Title Co Inc | |
| Gorr Donald W | -- | Chicago Title Company | |
| Gorr Donald W | $285,000 | Chicago Title Company | |
| Aurora Loan Services Llc | $654,880 | Accommodation | |
| Ortiz Raul | $770,000 | Alliance Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lopez Gabriel Salome Guzma | $795,000 | |
| Previous Owner | Moreno Roy A | $283,765 | |
| Previous Owner | Gorr Donald W | $213,750 | |
| Previous Owner | Ortiz Raul | $616,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/30/2024 08/30/24 | Sold | $1,060,000 | -1.9% | $596 / Sq Ft |
| 07/31/2024 07/31/24 | Pending | -- | -- | -- |
| 07/22/2024 07/22/24 | For Sale | $1,080,000 | +1.9% | $607 / Sq Ft |
| 07/16/2024 07/16/24 | Off Market | $1,060,000 | -- | -- |
| 06/17/2024 06/17/24 | For Sale | $1,080,000 | -- | $607 / Sq Ft |
Source: MLSListings
Tax History Compared to Growth
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 | $4,157 | $1,060,000 | $800,000 | $260,000 |
| 2024 | $4,157 | $335,402 | $219,346 | $116,056 |
| 2023 | $4,130 | $328,827 | $215,046 | $113,781 |
| 2022 | $4,060 | $322,380 | $210,830 | $111,550 |
| 2021 | $4,039 | $316,060 | $206,697 | $109,363 |
| 2020 | $3,994 | $312,820 | $204,578 | $108,242 |
| 2019 | $3,956 | $306,687 | $200,567 | $106,120 |
| 2018 | $3,695 | $300,675 | $196,635 | $104,040 |
| 2017 | $3,769 | $294,780 | $192,780 | $102,000 |
| 2016 | $3,686 | $289,000 | $189,000 | $100,000 |
| 2015 | $3,796 | $303,810 | $133,250 | $170,560 |
| 2014 | -- | $297,859 | $130,640 | $167,219 |
Source: Public Records
Agents Affiliated with this Home
-
Tino Le
-
Duc Le
Seller Co-Listing Agent in 2024
Duc Le
Pacificwide Real Estate & Mortgage
(408) 623-2499
2 in this area
41 Total Sales
-
juliana espinosa
j
Buyer's Agent in 2024
juliana espinosa
Realty ONE Group Future
(408) 781-3239
1 in this area
16 Total Sales
-
A
Buyer Co-Listing Agent in 2024
Anayetzin Bahena
Realty ONE Group Future
Map
Source: MLSListings
MLS Number: ML81969970
APN: 841-11-014
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