NOT LISTED FOR SALE

7614 Gennaro Way Unit 15 Gilroy, CA 95020

Estimated Value: $571,000 - $711,000

2 Beds
2.5 Baths
1,395 Sq Ft
$470/Sq Ft Est. Value

Last Sold October 16, 2013

Last sale price $278,500 $200 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $3,868/month

96 Days on Market

Highlights

  • Primary Bedroom Suite
  • Walk-in Shower
  • Dining Room
  • Traditional Architecture
  • Forced Air Heating System
  • Separate Family Room

About This Home

As of October 2013

"New Construction" Beautiful new 2 Bedroom town-house UNDER CONSTRUCTION in the heart of Gilroy. This home is expected to be 1395 sq.ft. Close to downtown shopping and Caltrain. Qualified buyers can buy with as little as 1% down and 20% down payment assistance. Reserve your town-home today.

Last Agent to Sell the Property

Rodney Geiman

Neighborhood Housing Services Silicon Valley License #00890561 Listed on: 03/05/2013

Last Buyer's Agent

Rodney Geiman

Neighborhood Housing Services Silicon Valley License #00890561 Listed on: 03/05/2013

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,104

Year Built

  • Built in 2007

Lot Details

  • 1,263

Parking

  • 1 Car Garage

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,395 Sq Ft Home
  • Separate Family Room
  • Dining Room
  • Vinyl Flooring
  • Gas Dryer Hookup

Kitchen

  • Built-In Oven
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • Walk-in Shower

Home Security

Utilities

  • Forced Air Heating System
  • 220 Volts

Listing and Financial Details

  • Assessor Parcel Number 841-83-015

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include landscaping / gardening, management fee, reserves, roof, common area electricity, exterior painting, insurance - common area
  • 32 Units
  • Alexander Place Owners' Association

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,104

Year Built

Built in 2007

Lot Details

0

Parking

1

Listing Details

  • Subclass: Townhouse
  • Style: Traditional
  • Age: 6
  • Sale Price Per Sq Ft: 199.64
  • Listing Class: Residential
  • Max Numberof Unitsin Building: 50
  • Max Numberof Unitsin Complex: 32
  • Min Numberof Unitsin Complex: 32
  • Structure Sq Ft: 1395
  • Builder Architect: South County Com,munity Builders
  • Incorporated: Yes
  • Year Built: 2007
  • Zoning Description: PUD
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Family Room: Separate Family Room
  • Dining Room: No Formal Dining Room, Dining "L"
  • Kitchen: Dishwasher, Garbage Disposal, Oven Range - Built-In, 220 Volt Outlet, Hookups - Gas
  • Living Sq Ft: 1395
  • Security: Fire Alarm, Fire System - Sprinkler
  • Bedrooms: Primary Suite / Retreat
  • Laundry: Gas Hookup
  • Flooring: Carpet - Wall to Wall, Vinyl / Linoleum
  • Maximum Bathrooms: 3
  • Maximum Numberof Bedrooms: 2
  • Minimum Bathrooms: 3
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Tubs - 1, Stall Shower

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition
  • View: Local/Neighborhood

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: Forced Air

Condo/Co-op/Association

  • HOA Fees: 200
  • HOA Documents: Articles of Incorporation, Bylaws, Budget
  • Association Fees Include: Landscaping / Gardening, Management Fee, Reserves, Roof, Common Area Electricity, Exterior Painting, Insurance - Common Area
  • H O A Name Text: Alexander Place Owners'
  • Levels In Unit: 3
  • H O A Exist: Yes

Schools

  • School District: Gilroy Unified
  • Elementary School: Eliot Elementary
  • Middle School: Brownell Middle
  • High School: Gilroy High
  • High School: 277
  • Elementary School: 269
  • Middle School: 268

Lot Info

  • Parcel Number: 841-83-015
  • List Price per Sq Ft: 197.13
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1242.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 1242.00
  • Lot Size Area Min Search: 1242.00
  • Maximum Lot Size: 1242.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Multi Family

  • Maximum Building Height: 3
  • Minimum Building Height: 1
  • Unit Features: Ground Floor

MLS Schools

  • High School District Text: Gilroy Unified
  • Elementary School Text: Eliot Elementary
  • High School Text: Gilroy High
  • Middle School Text: Brownell Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2013
Closed on
Oct 14, 2013
Sold by
Alexander Place Development Llc
Bought by
Johnson Adam Reed and Johnson Peng Li
Seller's Agent
Rodney Geiman
Neighborhood Housing Services Silicon Valley
Buyer's Agent
Rodney Geiman
Neighborhood Housing Services Silicon Valley
List Price
$275,000
Sold Price
$278,500
Premium/Discount to List
$3,500
1.27%
Current Estimated Value
$644,135

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$365,635
Avg. Annual Appreciation
7.47%
Original Mortgage
$273,152
Outstanding Balance
$208,678
Interest Rate
4.55%
Mortgage Type
VA
Estimated Equity
$444,270
Source: Public Records

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
Johnson Adam Reed $278,500 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Adam Reed $273,152
Closed Johnson Adam $0
Previous Owner South County Housing Corporation $840,000
Previous Owner Alexander Place Development Llc $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2013 10/16/13 Sold $278,500 +1.3% $200 / Sq Ft
06/09/2013 06/09/13 Pending -- -- --
03/05/2013 03/05/13 For Sale $275,000 -- $197 / Sq Ft
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 $4,104 $334,696 $167,348 $167,348
2023 $4,079 $328,134 $164,067 $164,067
2022 $4,011 $321,700 $160,850 $160,850
2021 $3,992 $315,394 $157,697 $157,697
2020 $3,947 $312,162 $156,081 $156,081
2019 $3,909 $306,042 $153,021 $153,021
2018 $3,650 $300,042 $150,021 $150,021
2017 $3,725 $294,160 $147,080 $147,080
2016 $3,644 $288,394 $144,197 $144,197
2015 $3,438 $284,064 $142,032 $142,032
2014 $3,415 $278,500 $139,250 $139,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81306835

MLSListings

APN: 841-83-015