NOT LISTED FOR SALE

8500 New Ave Gilroy, CA 95020

Estimated Value: $1,610,000 - $1,772,000

3 Beds
1.5 Baths
1,876 Sq Ft
$904/Sq Ft Est. Value

Last Sold January 30, 2020

Last sale price $1,173,500 $626 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $10,288/month

136 Days on Market

Highlights

  • Private Pool
  • 7.09 Acre Lot
  • Formal Dining Room
  • Christopher High School Rated A-
  • View of Hills
  • Forced Air Heating System

About This Home

As of January 2020

Here is your chance to own a charming country property that is amenity-rich and also close to town. Featuring a very well maintained ranch-style home with newer windows, roof, septic system, and well-hardware. There is a small guest unit with full bathroom & kitchenette. Multiple large workshops totalling about 5000sf, a 600sf finished basement under the main house, as well as many covered carports. Easy access to town and also Highway 101. This home is fed by natural gas, so no need for pesky & expensive propane service. A wonderful property with endless opportunity!

Last Agent to Sell the Property

Sean Dinsmore

Intero Real Estate Services License #01966405 Listed on: 07/01/2019

Intero Real Estate Services

Last Buyer's Agent

Vanessa Bermudez

Intero Real Estate Services License #01972396

Intero Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,374

Year Built

  • 1940

Lot Details

  • 7.09 Acre Lot
  • West Facing Home

Parking

  • 6 Carport Spaces

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,876 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Separate Family Room
  • Formal Dining Room
  • Views of Hills

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating System
  • Well
  • Septic Tank

Additional Features

  • Private Pool
  • 4,900 SF Accessory Dwelling Unit
  • Horses Potentially Allowed on Property

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,374

Year Built

1940

Lot Details

0

Listing Details

  • Zoning: A-40A
  • Subclass: Single Family Home
  • Listing Class: Residential
  • Second Res Apx Sq Ft: 4900
  • Structure Sq Ft: 1876
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1940

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Wood Burning
  • Dining Room: Formal Dining Room
  • Fireplace: Yes
  • Living Sq Ft: 1876
  • Stories: 1
  • Fireplaces Min: 1
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Yes
  • Roof: Composition
  • View: Hills
  • Horse Property: Possible
  • Property Faces: West
  • Pool: Pool - In Ground

Garage/Parking

  • Garage Parking Features: Carport
  • Carport Min: 6

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Septic Standard

Lot Info

  • Lot Acres: 7.0927
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 308960.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 308960.00

Multi Family

  • Utilities: Public Utilities
  • Second Unit Description: Two Workshops

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2019
Closed on
Jan 30, 2020
Sold by
Aiassa Beverly
Bought by
Aiassa Beverly
Seller's Agent
Sean Dinsmore
Intero Real Estate Services
Buyer's Agent
Vanessa Bermudez
Intero Real Estate Services
List Price
$1,699,000
Sold Price
$1,173,500
Premium/Discount to List
-$525,500
-30.93%
Current Estimated Value
$1,696,331

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$522,831
Avg. Annual Appreciation
6.63%
Original Mortgage
$1,056,150
Outstanding Balance
$936,918
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$759,413

Purchase Details

Listed on
Jul 1, 2019
Closed on
Jan 28, 2020
Sold by
Aiassa Beverly
Bought by
Flores Rodolfo Domingo and Landeros Maria Haydee
Seller's Agent
Sean Dinsmore
Intero Real Estate Services
Buyer's Agent
Vanessa Bermudez
Intero Real Estate Services
List Price
$1,699,000
Sold Price
$1,173,500
Premium/Discount to List
-$525,500
-30.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,056,150
Outstanding Balance
$936,918
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$759,413

Purchase Details

Closed on
Feb 22, 2006
Sold by
Aiassa Robert William and Aiassa Beverly
Bought by
Aiassa Robert William and Aiassa Beverly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.35%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jun 8, 1998
Sold by
Aiassa Robert W
Bought by
Robert & Beverly Aiassa Revocable Trust
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
Aiassa Beverly -- Chicago Title Company
Flores Rodolfo Domingo $1,173,500 Chicago Title Company
Aiassa Robert William -- First American Title Company
Robert & Beverly Aiassa Revocable Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flores Rodolfo Domingo $1,056,150
Previous Owner Aiassa Robert William $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2020 01/30/20 Sold $1,173,500 -9.7% $626 / Sq Ft
11/15/2019 11/15/19 Pending -- -- --
09/08/2019 09/08/19 Price Changed $1,299,000 -7.1% $692 / Sq Ft
07/20/2019 07/20/19 Price Changed $1,399,000 -17.7% $746 / Sq Ft
07/01/2019 07/01/19 For Sale $1,699,000 -- $906 / 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 $16,374 $1,283,390 $874,915 $408,475
2024 $16,374 $1,258,226 $857,760 $400,466
2023 $16,241 $1,233,556 $840,942 $392,614
2022 $15,922 $1,209,369 $824,453 $384,916
2021 $15,813 $1,185,657 $808,288 $377,369
2020 $5,417 $354,537 $205,850 $148,687
2019 $5,452 $347,586 $201,814 $145,772
2018 $5,118 $340,771 $197,857 $142,914
2017 $5,147 $334,090 $193,978 $140,112
2016 $5,022 $327,540 $190,175 $137,365
2015 $4,702 $322,621 $187,319 $135,302
2014 $5,554 $316,302 $183,650 $132,652
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2020

    Sean Dinsmore

    Intero Real Estate Services

    Section Image

  • V

    Buyer's Agent in 2020

    Vanessa Bermudez

    Intero Real Estate Services

    Section Image
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Map

Source: MLSListings

MLS Number: ML81758869

MLSListings

APN: 835-25-023

California Santa Clara County Gilroy 95020

8500 New Ave, Gilroy, CA

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