Seller's Agent in 2025
Mike Masoumi
RE/MAX
(408) 666-2112
2 in this area
25 Total Sales
7521 Chestnut St Gilroy, CA 95020
4
Beds
2
Baths
1,546
Sq Ft
7,100
Sq Ft Lot
Highlights
- Wood Flooring
- Tile Countertops
- Fenced
- Cottage
- Washer and Dryer
- 5-minute walk to Forest Street Park
About This Home
As of December 2025Great investment with great income, two home on one parcel, front house with 3 bedroom 1 bath including garage conversion with 820 sq-ft not counting garage conversion. back house with 3/1/ including carport conversion with 730 sq-ft, carport conversion is not included in the sq-ft. Both homes have large backyard and laundry room. Individual PG&E and water meter for both homes. Both houses are rented and both tenants like to stay.
Last Agent to Sell the Property
RE/MAX Santa Clara Valley License #00887609 Listed on: 10/16/2025
Property Details
Home Type
- Multi-Family
Year Built
- 1940
Lot Details
- 7,100 Sq Ft Lot
- Fenced
- Level Lot
- Back Yard
Parking
- 1 Car Garage
- 1 Carport Space
Home Design
- Duplex
- Cottage
- Wood Frame Construction
- Composition Roof
Interior Spaces
- 1,546 Sq Ft Home
- 1-Story Property
- Crawl Space
- Washer and Dryer
Kitchen
- Electric Oven
- Gas Cooktop
- Range Hood
- Microwave
- Tile Countertops
Flooring
- Wood
- Carpet
- Laminate
- Tile
- Vinyl
Outdoor Features
- Barbecue Area
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- 220 Volts
Listing and Financial Details
- Total Actual Rent $62,364
Community Details
Overview
- 1,546 Sq Ft Building
Building Details
- 2 Leased Units
- Insurance Expense $1,300
- Operating Expense $6,500
- Gross Income $62,364
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 16, 2025
Closed on
Dec 24, 2025
Sold by
Arreola Delozano Virginia
Bought by
Lozano Ramiro
Seller's Agent
Mike Masoumi
RE/MAX Santa Clara Valley
Buyer's Agent
Dominic Gluhaich
Intero Real Estate Services
List Price
$899,500
Sold Price
$840,000
Premium/Discount to List
-$59,500
-6.61%
Views
184
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.31%
Original Mortgage
$672,000
Outstanding Balance
$672,000
Interest Rate
6.24%
Mortgage Type
New Conventional
Estimated Equity
$181,083
Purchase Details
Listed on
Oct 16, 2025
Closed on
Dec 23, 2025
Sold by
Masoumi Brothers Llc
Bought by
Lozano Ramiro
Seller's Agent
Mike Masoumi
RE/MAX Santa Clara Valley
Buyer's Agent
Dominic Gluhaich
Intero Real Estate Services
List Price
$899,500
Sold Price
$840,000
Premium/Discount to List
-$59,500
-6.61%
Views
184
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$672,000
Outstanding Balance
$672,000
Interest Rate
6.24%
Mortgage Type
New Conventional
Estimated Equity
$181,083
Purchase Details
Closed on
Aug 28, 2012
Sold by
Aguilar Jose Juan Flores
Bought by
Masoumi Brothers Llc
Purchase Details
Closed on
Nov 8, 2006
Sold by
Creer Scott C
Bought by
Aguilar Jose Juan Flores
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,850
Interest Rate
6.3%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Nov 7, 2006
Sold by
Creer Brent Y and Creer Maryiln C
Bought by
Creer Scott C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,850
Interest Rate
6.3%
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | Fidelity National Title Compan | |
| Grant Deed | $840,000 | Fidelity National Title Compan | |
| Grant Deed | $315,000 | First American Title Company | |
| Grant Deed | $739,000 | Old Republic Title Company | |
| Grant Deed | $669,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $672,000 | New Conventional | |
| Previous Owner | $110,850 | Stand Alone Second |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/30/2025 12/30/25 | Sold | $840,000 | -2.3% | $543 / Sq Ft |
| 12/01/2025 12/01/25 | Pending | -- | -- | -- |
| 11/14/2025 11/14/25 | Price Changed | $859,500 | -4.4% | $556 / Sq Ft |
| 10/16/2025 10/16/25 | For Sale | $899,500 | -- | $582 / Sq Ft |
Source: MLSListings
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 | $4,791 | $387,886 | $184,707 | $203,179 |
| 2024 | $4,791 | $380,282 | $181,086 | $199,196 |
| 2023 | $4,791 | $372,827 | $177,536 | $195,291 |
| 2022 | $5,043 | $365,517 | $174,055 | $191,462 |
| 2021 | $4,662 | $358,351 | $170,643 | $187,708 |
| 2020 | $4,611 | $354,678 | $168,894 | $185,784 |
| 2019 | $4,569 | $347,725 | $165,583 | $182,142 |
| 2018 | $4,269 | $340,908 | $162,337 | $178,571 |
| 2017 | $4,357 | $334,224 | $159,154 | $175,070 |
| 2016 | $4,265 | $327,672 | $156,034 | $171,638 |
| 2015 | $4,026 | $322,751 | $153,691 | $169,060 |
| 2014 | $4,001 | $316,430 | $150,681 | $165,749 |
Source: Public Records
Agents Affiliated with this Home
-
Mike Masoumi
-
Dominic Gluhaich
Buyer's Agent in 2025
Dominic Gluhaich
Intero Real Estate Services
(408) 778-7474
3 in this area
63 Total Sales
Map
Source: MLSListings
MLS Number: ML82025060
APN: 841-05-009
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