NOT LISTED FOR SALE

7640 Forest St Gilroy, CA 95020

Estimated Value: $550,000 - $782,000

3 Beds
1 Bath
654 Sq Ft
$1,027/Sq Ft Est. Value

Last Sold March 23, 2016

Last sale price $418,100 $639 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $4,022/month

131 Days on Market

Highlights

  • Detached Garage
  • Dining Room
  • 1-Story Property

About This Home

As of March 2016

Live in one and rent the other. Front home has 2 bd/ 1 bath and garage converted into 3 bd/ 1 bath. Both in need of TLC. Great for Investors. Take a look, run, don't walk!

Last Agent to Sell the Property

Raul Profeta

Sharp Point Realty Group License #01277931 Listed on: 10/07/2015

Last Buyer's Agent

Larry Zeng

A Plus Realty License #01391780

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,075

Year Built

  • Built in 1960

Lot Details

  • 7,971 Sq Ft Lot
  • Zoning described as R2

Parking

  • Detached Garage

Home Design

  • Wood Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 654 Sq Ft Home
  • 1-Story Property
  • Dining Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 841-03-057

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,075

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Age: 55
  • Listing Class: Residential
  • Structure Sq Ft: 654
  • Year Built: 1960
  • Zoning Description: R2
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: No Formal Dining Room
  • Living Sq Ft: 654
  • Stories: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Wood Shakes / Shingles

Garage/Parking

  • Garage Parking Features: Detached Garage

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Gilroy Unified

Lot Info

  • Parcel Number: 841-03-057
  • Lot Acres: 0.1830
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7987.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7987.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Gilroy Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 30, 2020
Sold by
Tang Zhihui and Liu Idaho Aca
Bought by
Tang Zhihui and Liu Xia
Current Estimated Value
$671,701

Purchase Details

Listed on
Oct 7, 2015
Closed on
Mar 17, 2016
Sold by
Delgadillo Lucas Rafael
Bought by
Tang Zhihui and Liu Xia
Seller's Agent
Raul Profeta
Sharp Point Realty Group
Buyer's Agent
Larry Zeng
A Plus Realty
List Price
$430,888
Sold Price
$418,100
Premium/Discount to List
-$12,788
-2.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.06%
Original Mortgage
$313,500
Outstanding Balance
$248,710
Interest Rate
3.72%
Mortgage Type
New Conventional
Estimated Equity
$422,991

Purchase Details

Closed on
Jul 16, 2015
Sold by
Delgadillo Lucas Rafael
Bought by
Delgadillo Lucas Rafael

Purchase Details

Closed on
Aug 1, 2007
Sold by
Delgadillo Julia
Bought by
Delgadillo Julia

Purchase Details

Closed on
Jul 2, 2007
Sold by
Delgadillo Julia
Bought by
Delgadillo Julia

Purchase Details

Closed on
Oct 29, 2002
Sold by
Delgadillo Julia
Bought by
Delgadillo Julia
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Tang Zhihui -- None Available
Tang Zhihui $418,500 North American Title Co Inc
Delgadillo Lucas Rafael -- None Available
Delgadillo Julia -- None Available
Delgadillo Julia -- None Available
Delgadillo Julia -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tang Zhihui $313,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/23/2016 03/23/16 Sold $418,100 0.0% $639 / Sq Ft
02/16/2016 02/16/16 Pending -- -- --
02/15/2016 02/15/16 Off Market $418,100 -- --
02/09/2016 02/09/16 Pending -- -- --
02/08/2016 02/08/16 Price Changed $420,888 -2.3% $644 / Sq Ft
10/07/2015 10/07/15 For Sale $430,888 -- $659 / 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
2025 $6,075 $494,939 $355,136 $139,803
2024 $6,075 $485,235 $348,173 $137,062
2023 $6,040 $475,722 $341,347 $134,375
2022 $5,940 $466,395 $334,654 $131,741
2021 $5,913 $457,251 $328,093 $129,158
2020 $5,849 $452,563 $324,729 $127,834
2019 $5,875 $443,690 $318,362 $125,328
2018 $5,503 $434,991 $312,120 $122,871
2017 $5,586 $426,462 $306,000 $120,462
2016 $3,036 $230,788 $112,022 $118,766
2015 $2,867 $227,323 $110,340 $116,983
2014 $2,849 $222,871 $108,179 $114,692
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81518016

MLSListings

APN: 841-03-057