Seller's Agent in 2020
Ryan Mull
The Realty Society
(408) 805-0359
55 Total Sales
7841 Miller Ave Gilroy, CA 95020
Estimated Value: $1,392,000 - $1,687,000
8
Beds
5
Baths
2,423
Sq Ft
$658/Sq Ft
Est. Value
Highlights
- Art Studio
- 1.31 Acre Lot
- Wood Flooring
- Private Pool
- Mountain View
- Farmhouse Style Home
About This Home
As of October 2020Iconic Miller Avenue property on rare 1.2 acre lot located between 1st Street and Second Street in Gilroy's unique and highly desirable Golden Triangle...first time on market! This property's current layout, acreage, zoning and surrounding neighborhood propose several different opportunities for developers, extended/multi-family buyers, income producing property investors, or just someone looking for a special piece with a huge lot in town. In addition to the main home, there are 4 legal detached rental units existing with separate meters, 3 of which are rented (4th requires renovation). These units along with the main house offer sizable cash flow for investors and/or developers as they await approval. This is a truly unique opportunity to own a special piece of real estate in the heart of Gilroy.
Last Agent to Sell the Property
The Realty Society License #01329887 Listed on: 09/02/2020
Property Details
Home Type
- Multi-Family
Year Built
- 1920
Lot Details
- 1.31 Acre Lot
- Fenced
- Level Lot
- Back Yard
- May Be Possible The Lot Can Be Split Into 2+ Parcels
Parking
- 4 Car Garage
- 3 Carport Spaces
- Guest Parking
- Uncovered Parking
Home Design
- Farmhouse Style Home
- Spanish Architecture
- Raised Foundation
- Slab Foundation
- Wood Frame Construction
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,423 Sq Ft Home
- 2-Story Property
- Fireplace
- Den
- Art Studio
- Mountain Views
- Security Lights
- Washer and Dryer
Kitchen
- Built-In Oven
- Gas Cooktop
- Range Hood
- Microwave
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Wood
- Carpet
- Tile
Outdoor Features
- Private Pool
- Balcony
- Shed
Utilities
- Wall Furnace
Listing and Financial Details
- Total Actual Rent $78,000
Community Details
Overview
- 2,423 Sq Ft Building
Building Details
- 3 Leased Units
- Gardener Expense $2,400
- Insurance Expense $1,500
- Operating Expense $22,650
- Gross Income $78,000
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 2, 2020
Closed on
Oct 14, 2020
Sold by
Bought by
Seller's Agent
Ryan Mull
The Realty Society
Buyer's Agent
Edward Lujan
Windermere Valley Properties
List Price
$1,499,950
Sold Price
$1,500,000
Premium/Discount to List
$50
0.003%
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
$93,257
Avg. Annual Appreciation
1.06%
Original Mortgage
$1,200,000
Outstanding Balance
$1,065,390
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$527,867
Purchase Details
Closed on
Aug 29, 2007
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
7.62%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 9, 2002
Sold by
Bought by
Purchase Details
Closed on
May 17, 2002
Sold by
Bought by
Purchase Details
Closed on
Aug 26, 1998
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.89%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 16, 1995
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,500,000 | Chicago Title Company | ||
| $812,500 | Commonwealth Land Title | ||
| $112,500 | -- | ||
| $100,500 | Stewart Title | ||
| -- | American Title Ins Co | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $1,200,000 | ||
| Previous Owner | $650,000 | ||
| Previous Owner | $240,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/21/2020 10/21/20 | Sold | $1,500,000 | 0.0% | $619 / Sq Ft |
| 09/08/2020 09/08/20 | Pending | -- | -- | -- |
| 09/02/2020 09/02/20 | For Sale | $1,499,950 | -- | $619 / Sq Ft |
Source: MLSListings
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $19,619 | $1,623,646 | $887,593 | $736,053 |
| 2024 | $19,619 | $1,591,811 | $870,190 | $721,621 |
| 2023 | $19,506 | $1,560,600 | $853,128 | $707,472 |
| 2022 | $19,189 | $1,530,000 | $836,400 | $693,600 |
| 2021 | $19,110 | $1,500,000 | $820,000 | $680,000 |
| 2020 | $12,380 | $975,840 | $536,622 | $439,218 |
| 2019 | $12,263 | $956,706 | $526,100 | $430,606 |
| 2018 | $11,446 | $937,948 | $515,785 | $422,163 |
| 2017 | $11,689 | $919,558 | $505,672 | $413,886 |
| 2016 | $8,700 | $684,000 | $375,500 | $308,500 |
| 2015 | $7,311 | $600,000 | $400,000 | $200,000 |
| 2014 | $5,993 | $485,000 | $300,000 | $185,000 |
Source: Public Records
Agents Affiliated with this Home
-
Ryan Mull
-
Edward Lujan
Buyer's Agent in 2020
Edward Lujan
Windermere Valley Properties
(408) 767-8998
19 Total Sales
Map
Source: MLSListings
MLS Number: ML81808839
APN: 808-13-011
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