Seller's Agent in 2024
Gary Palacios
Compass
(408) 623-5209
14 in this area
222 Total Sales
7500 Chestnut St Gilroy, CA 95020
Estimated Value: $924,000 - $1,017,547
4
Beds
2
Baths
2,060
Sq Ft
$464/Sq Ft
Est. Value
Highlights
- Spa
- Wood Flooring
- 2 Car Attached Garage
- 0.37 Acre Lot
- Cottage
- Laundry in Utility Room
About This Home
As of April 2024Welcome to 7500 Chestnut Street, a charming gem nestled in the heart of Gilroy, CA. This delightful home boasts 4 cozy bedrooms and 2 tastefully appointed bathrooms within its spacious 2060+/- square feet. Situated on a generous 16,046+/- square foot lot, this property offers ample space for relaxation and enjoyment. As you step inside, you are greeted by the inviting warmth of a fireplace, perfect for creating a cozy ambiance during those chilly evenings. The convenience of laundry in the home adds a touch of modern comfort to this classic abode. Embrace the tranquility of the serene creek located just behind the home, providing a peaceful backdrop to your daily routine. The flag lot and long driveway ensure privacy and seclusion, offering a sense of exclusivity and Old World charm. For those with adventurous spirits, the property features RV and boat parking, catering to your outdoor excursions and leisure activities. Whether you seek a quiet retreat or an entertainer's paradise, this home offers the perfect canvas for your lifestyle. Don't miss the opportunity to make this residence your own and experience the allure of 7500 Chestnut Street. Come and discover the unique blend of comfort and character that awaits within these walls. Not to mention, room for a possible ADU!
Last Buyer's Agent
Alfredo Barajas
Real Estate Experts ERA Powered License #01225474
Home Details
Home Type
- Single Family
Year Built
- Built in 1920
Lot Details
- 0.37 Acre Lot
- Zoning described as R3
Parking
- 2 Car Attached Garage
Home Design
- Cottage
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,060 Sq Ft Home
- 1-Story Property
- Gas Fireplace
- Open Floorplan
- Laundry in Utility Room
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Pool
- Spa
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
Listing and Financial Details
- Assessor Parcel Number 841-07-050
Matterport 3D Tours
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 1, 2024
Closed on
Mar 21, 2024
Sold by
Drummond Revocable Living Trust and Drummond Mary Gold
Bought by
Saucedo Juan Manuel Lbare and Arroyo Erika Michelle
Seller's Agent
Gary Palacios
Compass
Buyer's Agent
Alfredo Barajas
Real Estate Experts ERA Powered
List Price
$899,999
Sold Price
$965,000
Premium/Discount to List
$65,001
7.22%
Views
79
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
-$9,613
Avg. Annual Appreciation
-0.58%
Original Mortgage
$766,000
Outstanding Balance
$753,984
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$201,403
Purchase Details
Closed on
Apr 29, 2016
Sold by
Drummond Mary G and Drummond Matthew W
Bought by
The Drummond Revocable Living Trust and Drummond Mary Gold
Purchase Details
Closed on
Jul 15, 2009
Sold by
Drummond Matthew W and Drummond Mary G
Bought by
Drummond Mary G and Drummond Matthew W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,000
Interest Rate
5.25%
Mortgage Type
New Conventional
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 |
|---|---|---|---|
| Saucedo Juan Manuel Lbare | $965,000 | Chicago Title | |
| The Drummond Revocable Living Trust | -- | None Available | |
| Drummond Mary G | -- | First American Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Saucedo Juan Manuel Lbare | $766,000 | |
| Previous Owner | Drummond Mary G | $355,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/12/2024 04/12/24 | Sold | $965,000 | +7.2% | $468 / Sq Ft |
| 03/13/2024 03/13/24 | Pending | -- | -- | -- |
| 03/01/2024 03/01/24 | For Sale | $899,999 | -- | $437 / 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 | $2,810 | $984,300 | $770,100 | $214,200 |
| 2024 | $2,810 | $225,292 | $81,223 | $144,069 |
| 2023 | $2,810 | $220,876 | $79,631 | $141,245 |
| 2022 | $2,742 | $216,546 | $78,070 | $138,476 |
| 2021 | $2,726 | $212,301 | $76,540 | $135,761 |
| 2020 | $2,695 | $210,125 | $75,756 | $134,369 |
| 2019 | $2,669 | $206,006 | $74,271 | $131,735 |
| 2018 | $2,580 | $201,967 | $72,815 | $129,152 |
| 2017 | $2,631 | $198,008 | $71,388 | $126,620 |
| 2016 | $2,483 | $194,127 | $69,989 | $124,138 |
| 2015 | $2,344 | $191,212 | $68,938 | $122,274 |
| 2014 | $2,327 | $187,467 | $67,588 | $119,879 |
Source: Public Records
Agents Affiliated with this Home
-
Gary Palacios
-
Sylvia Goupil
Seller Co-Listing Agent in 2024
Sylvia Goupil
Compass
(408) 206-3386
3 in this area
14 Total Sales
-
A
Buyer's Agent in 2024
Alfredo Barajas
Real Estate Experts ERA Powered
Map
Source: MLSListings
MLS Number: ML81955502
APN: 841-07-050
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