NOT LISTED FOR SALE

7721 Sumac Place Gilroy, CA 95020

Estimated Value: $1,048,000 - $1,154,000

4 Beds
3 Baths
2,182 Sq Ft
$511/Sq Ft Est. Value

Last Sold August 22, 2023

Last sale price $1,040,000 $477 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $7,094/month

22 Days on Market

Highlights

  • Open to Family Room
  • Controlled Access
  • Dining Room
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • 1-minute walk to Hecker Pass Park

About This Home

As of August 2023

Wow! Absolute turn-key beauty on a premium corner location in the gated Heartland community. Nestled against the foothills of the Santa Cruz Mountains, this community enjoys peace & quiet, with amazing views and a cool marine breeze in the evenings. Don't let the lot-size fool you, this home has a sizable yard suitable for both kids & entertaining, with pavers & fresh, high-end synthetic turf. New interior paint, new carpet, all-LED, with a full bedroom & bathroom downstairs, plus an extra family room upstairs. This is a close-knit community, with lots of children & neighborhood parties/events. Located near shopping, the community also sits next to hiking trails, a public park/playground, and a sizable dog park. Such a great price-point for what you get, don't miss out on this one!

Last Agent to Sell the Property

Sean Dinsmore

Intero Real Estate Services License #01966405 Listed on: 07/06/2023

Intero Real Estate Services

Last Buyer's Agent

Joseph Sabeh Jr

Golden Gate Sotheby's Int'l License #01295925

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2016

Lot Details

  • 3,933 Sq Ft Lot
  • Zoning described as A-20A

HOA Fees

  • $101 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • On-Street Parking

Home Design

  • Slab Foundation
  • Concrete Roof

Interior Spaces

  • 2,182 Sq Ft Home
  • 2-Story Property
  • Dining Room
  • Open to Family Room
  • Laundry on upper level

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 810-84-038

Community Details

Overview

  • Association fees include maintenance - common area
  • Heartland HOA
  • Built by Heartland
  • The community has rules related to credit or board approval, parking rules

Security

  • Controlled Access

Home Details

Home Type

Single Family

Year Built

Built in 2016

Lot Details

0

HOA Fees

$101 per month

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Restrictions: Board / Park Approval, Parking Restrictions
  • Listing Class: Residential
  • Structure Sq Ft: 2182
  • Complex Name: Heartland
  • Year Built: 2016
  • Zoning Description: A-20A
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Dining Room: No Formal Dining Room
  • Living Sq Ft: 2182
  • Stories: 2
  • Security: Controlled / Secured Access
  • Laundry: Upper Floor
  • Full Bathrooms: 3
  • Total Bedrooms: 4

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Concrete

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage, On Street

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 101
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Maintenance - Common Area
  • H O A Name Text: Heartland HOA
  • H O A Exist: Yes

Lot Info

  • Parcel Number: 810-84-038
  • Lot Acres: 0.0903
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3934.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 3934.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Gilroy Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2023
Closed on
Aug 1, 2023
Sold by
Porcalla Delfin and Porcalla Kathryn L
Bought by
Aggarwal Faguni and Maheshwari Naman
Seller's Agent
Sean Dinsmore
Intero Real Estate Services
Buyer's Agent
Joseph Sabeh Jr
Golden Gate Sotheby's Int'l
List Price
$1,099,000
Sold Price
$1,040,000
Premium/Discount to List
-$59,000
-5.37%
Views
89
Current Estimated Value
$1,114,941

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,941
Avg. Annual Appreciation
2.97%
Original Mortgage
$832,000
Outstanding Balance
$804,859
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$310,082

Purchase Details

Closed on
Jun 27, 2016
Sold by
Meritage Homes Of California Inc
Bought by
Porcalla Delfin and Porcalla Kathryn L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$636,446
Interest Rate
3.5%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Aggarwal Faguni $1,040,000 Chicago Title
Porcalla Delfin $658,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aggarwal Faguni $832,000
Previous Owner Porcalla Delfin $636,446
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/22/2023 08/22/23 Sold $1,040,000 -2.7% $477 / Sq Ft
07/28/2023 07/28/23 Pending -- -- --
07/21/2023 07/21/23 Price Changed $1,069,000 -2.7% $490 / Sq Ft
07/21/2023 07/21/23 For Sale $1,099,000 0.0% $504 / Sq Ft
07/18/2023 07/18/23 Pending -- -- --
07/06/2023 07/06/23 For Sale $1,099,000 -- $504 / 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 $14,025 $1,060,800 $530,400 $530,400
2024 $14,025 $1,040,000 $520,000 $520,000
2023 $10,621 $748,294 $341,347 $406,947
2022 $10,421 $733,622 $334,654 $398,968
2021 $10,337 $719,239 $328,093 $391,146
2020 $10,193 $711,865 $324,729 $387,136
2019 $10,068 $697,908 $318,362 $379,546
2018 $9,428 $684,224 $312,120 $372,104
2017 $9,570 $670,808 $306,000 $364,808
2016 $2,283 $105,129 $105,129 $0
2015 $234 $16,150 $16,150 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81933305

MLSListings

APN: 810-84-038