7221 Forest St Gilroy, CA 95020
Gilroy AreaEstimated payment $7,421/month
Highlights
- Very Popular Property
- Forced Air Heating and Cooling System
- 1-Story Property
- Breakfast Area or Nook
- Combination Dining and Living Room
- 2-minute walk to Forest Street Park
About This Home
Rare opportunity to own two homes on one lot, offering flexibility for homeowners, investors, or multi-generational living. Live in one home and rent the other, continue with the current rental arrangement, or enjoy the space for extended family. The front home is listed as a 3-bedroom, 1-bathroom residence and features an additional bathroom. Recent updates include fresh interior paint and new bedroom flooring. Inside, you'll find a spacious living and dining room combination, plus a rear deck perfect for relaxing or entertaining. A detached bonus structure with a bathroom and shower offers endless possibilities as a guest room, home office, studio, or hobby space. The rear home is listed as a 3-bedroom, 1-bathroom residence and includes an additional half bath. It also features its own private entrance from the back of the property, providing added privacy and convenience. Whether you're seeking rental income, an owner-occupied investment, or a property with room to grow, this versatile offering presents exceptional potential in one unique package. Opportunities like this don't come around often!
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
- 1,732 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
- 2 Full Bathrooms
Parking
- Garage
- Garage Door Opener
Utilities
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 841-11-014
Map
Home Values in the Area
Average Home Value in this Area
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 | $13,058 | $1,081,200 | $816,000 | $265,200 |
| 2025 | $13,058 | $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 |
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 |
|---|---|---|---|---|---|
| 07/23/2026 07/23/26 | For Sale | $1,150,000 | +8.5% | $664 / Sq Ft | |
| 08/30/2024 08/30/24 | Sold | $1,060,000 | -1.9% | $596 / Sq Ft | View Prior Sale |
| 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 |
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,060,000 | Wfg National Title Insurance C | |
| Grant Deed | $289,000 | North American Title Co Inc | |
| Interfamily Deed Transfer | -- | Chicago Title Company | |
| Grant Deed | $285,000 | Chicago Title Company | |
| Trustee Deed | $654,880 | Accommodation | |
| Grant Deed | $770,000 | Alliance Title Company |
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 | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $795,000 | New Conventional | |
| Previous Owner | $283,765 | FHA | |
| Previous Owner | $213,750 | New Conventional | |
| Previous Owner | $616,000 | Stand Alone Second |
Source: MLSListings
MLS Number: ML82055230
APN: 841-11-014
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