NOT LISTED FOR SALE

7415 Furlong Ave Gilroy, CA 95020

Estimated Value: $1,173,000 - $1,331,049

11 Acres
$113,203 Price per Acre
481,774 Sq Ft Lot

Last Sold July 31, 2023

Last sale price $1,300,000

Est. 4% decrease in value since last sale

Current estimated payment $8,278/month

114 Days on Market

Highlights

  • 11.06 Acre Lot
  • Agricultural
  • Gated Home

About This Lot

As of July 2023

This is an incredible opportunity to own a farm in Gilroy. This is a 50% interest in a 11+- acre parcel. This unique property is operating as a vegetable farm currently. The 50% interest for sale consists of the following: approximately 3+ acres green house, 1,440 +-sqft manufacture home ( permitted), 4 bedrooms 2 bathrooms. Addition 720 sqft was added to the manufacture home (permitted unknown). The manufacture home has total 2,160 sqft. 2 detached car garages. 2 walk-in coolers, 2 mobile homes, worker's rooms, and other out buildings. Two wells. Arg. well 200 feet deep with 350 gallon per minute. Domestic well 300 feet deep. Three water tanks. 5,000 gallon each. A lot of fruit trees around the house. Currently the farm is growing row crops. Good rental income. Great location, near Gilroy Outlet, Costco, Walmart, other shopping & restaurants. Huge price reduction!!! Just dropped $100,000.

Last Agent to Sell the Property

Jenny Huang

Coldwell Banker Realty License #01362454 Listed on: 03/02/2023

Coldwell Banker Realty

Last Buyer's Agent

Jenny Huang

Coldwell Banker Realty License #01362454 Listed on: 03/02/2023

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $15,647

Lot Details

  • 11.06 Acre Lot
  • Gated Home
  • Chain Link Fence

Home Design

  • Ranch Property

Farming

  • Agricultural

Utilities

  • Well
  • Septic Tank

Property Details

Property Type

Land

Est. Annual Taxes

$15,647

Lot Details

0

Listing Details

  • Zoning: AW
  • Subclass: Agriculture/Ranch Land
  • Listing Class: Residential Lots & Land
  • Present Use: Agricultural, Farm, Farm/Ranch, Greenhouse, Ranch
  • Development Status: Farm Land
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: Chain Link, Gate

Utilities

  • Sewer/Septic System: Existing Septic

Schools

  • School District: Gilroy Unified

Lot Info

  • Lot Description: Agricultural Use
  • Lot Acres: 11.0600
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 481773.60
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 481773.60
  • Parcel Access: Accessible

Multi Family

  • Utilities: Electricity - On Site

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2025
Sold by
Yang Lichun and Liu Hong
Bought by
Fuller Llc
Current Estimated Value
$1,252,025

Purchase Details

Listed on
Mar 2, 2023
Closed on
Jul 25, 2023
Sold by
Leung Ken L and Leung Tina
Bought by
Yang Lichun and Liu Hong
Seller's Agent
Jenny Huang
Coldwell Banker Realty
Buyer's Agent
Jenny Huang
Coldwell Banker Realty
List Price
$1,500,000
Sold Price
$1,300,000
Premium/Discount to List
-$200,000
-13.33%
Views
386

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.70%
Original Mortgage
$1,100,000
Interest Rate
6.69%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 8, 2019
Sold by
Wu John and Wu Mei Ching Kwong
Bought by
Wu John and Wu Mei Ching Kwong

Purchase Details

Closed on
Apr 5, 1999
Sold by
Petroni Frank G and Petroni Norine C
Bought by
Wu John and Wu Mei Ching Kwong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.91%
Mortgage Type
Seller Take Back
Source: Public Records

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    Section Image

Range of Values:

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Average Value
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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
Fuller Llc -- None Listed On Document
Yang Lichun $1,300,000 First American Title
Wu John -- None Available
Wong Wu John -- None Available
Wu John $265,000 American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yang Lichun $1,100,000
Previous Owner Wu John $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2023 07/31/23 Sold $1,300,000 -7.1% --
06/25/2023 06/25/23 Pending -- -- --
05/01/2023 05/01/23 Price Changed $1,399,888 -6.7% --
03/02/2023 03/02/23 For Sale $1,500,000 -- --
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
2024 $15,647 $1,273,061 $375,013 $898,048
2023 $8,486 $673,142 $327,943 $345,199
2022 $8,349 $661,198 $322,767 $338,431
2021 $8,326 $649,487 $317,691 $331,796
2020 $8,189 $639,933 $311,539 $328,394
2019 $8,085 $625,392 $303,437 $321,955
2018 $7,432 $611,393 $295,750 $315,643
2017 $7,603 $600,471 $291,017 $309,454
2016 $7,427 $587,176 $283,789 $303,387
2015 $7,002 $579,134 $280,304 $298,830
2014 $6,893 $566,452 $273,475 $292,977
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81920443

MLSListings

APN: 841-22-043