NOT LISTED FOR SALE

Estimated Value: $1,689,000 - $1,814,000

4 Beds
3.5 Baths
3,516 Sq Ft
$496/Sq Ft Est. Value

Last Sold February 11, 2019

Last sale price $1,200,000 $341 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $10,776/month

7 Days on Market

Highlights

  • Primary Bedroom Suite
  • 0.73 Acre Lot
  • Post and Beam
  • Christopher High School Rated A-
  • Mountain View
  • Main Floor Bedroom

About This Home

As of February 2019

Live the luxury lifestyle in this executive home located in the "Forest"-- one of Gilroy's most exclusive communities. With over 3500 SF of living space, this home boasts 4 bedrooms, 3 baths, and office/den. An expansive foyer w/ a sweeping staircase invites you in. Open plan living/dining combination w/ an abundance of windows includes an exterior door leading you to a private deck with hot tub. Gourmet kitchen with a commercial style free standing stainless range, granite countertops, and custom cabinets completes this space. Adjacent family room with soaring ceiling creates the perfect combination of living space for family or entertaining guests. Additional space includes a downstairs office/den. The master bedroom/bath retreat with its double door entry offers a private place to relax and enjoy the wooded view from your oversized tub or bay window. The 4 spacious bedrooms each offer an attached bath. Large deck expands your living space...just one more way to enjoy the "forest."

Last Agent to Sell the Property

Michael Lombardo

Coldwell Banker Realty License #01449696 Listed on: 01/03/2019

Coldwell Banker Realty

Last Buyer's Agent

Philip Simons

Philip E Simons, Broker License #01237833

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2006

Lot Details

  • 31,799 Sq Ft Lot
  • Lot Sloped Down
  • Sprinklers on Timer
  • Zoning described as A125

HOA Fees

  • $111 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Off-Street Parking

Property Views

  • Mountain
  • Forest
  • Valley

Home Design

  • Post and Beam
  • Mediterranean Architecture
  • Wood Frame Construction
  • Tile Roof
  • Concrete Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 3,516 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Family Room with Fireplace
  • Formal Dining Room
  • Laundry on upper level

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Oven or Range
  • Range Hood
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Bathroom on Main Level
  • Dual Sinks
  • Jetted Tub in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Gas
  • High Speed Internet
  • Satellite Dish
  • Cable TV Available

Additional Features

  • Energy-Efficient Insulation
  • Balcony

Community Details

  • Association fees include common area electricity, insurance - common area, maintenance - common area
  • The Forest Association
  • Built by The Forest
  • The community has rules related to parking rules

Listing and Financial Details

  • Assessor Parcel Number 783-03-049

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

0.73 Acres

HOA Fees

$111 per month

Parking

3

Listing Details

  • Subclass: Single Family Home
  • Style: Mediterranean
  • Restrictions: Parking Restrictions
  • Listing Class: Residential
  • Structure Sq Ft: 3516
  • Complex Name: The Forest
  • Incorporated: Yes
  • Year Built: 2006
  • Zoning Description: A125
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room
  • Dining Room: Breakfast Nook, Eat in Kitchen, Formal Dining Room
  • Kitchen: Countertop - Granite, Hood Over Range, Island, Oven Range
  • Living Sq Ft: 3516
  • Stories: 2
  • Bedrooms: Ground Floor Bedroom, Primary Suite / Retreat, Walk-in Closet
  • Laundry: Upper Floor
  • Flooring: Carpet, Laminate
  • Fireplaces Min: 1
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Half on Ground Floor, Primary - Stall Shower(s), Primary - Tub with Jets, Shower and Tub
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter, Post and Beam
  • Roof: Concrete, Tile
  • View: Forest / Woods, Mountains, Valley
  • Yard/Grounds: Balcony / Patio, Sprinklers - Auto
  • Construction Type: Stucco, Wood Frame

Garage/Parking

  • Garage Spaces: 3
  • Garage Parking Features: Off-Street Parking

Utilities

  • Cooling System: Ceiling Fan, Central AC, Multi-Zone
  • Heating System: Central Forced Air, Gas, Heating - 2+ Zones
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 111
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Insurance - Common Area, Maintenance - Common Area
  • H O A Name Text: The Forest
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Walk-in Closet

Lot Info

  • Lot Description: Grade - Sloped Down
  • Parcel Number: 783-03-049
  • Lot Acres: 0.7300
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 31798.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 31798.00

Green Features

  • Energy Features: Double Pane Windows, Insulation - Per Owner

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
Jan 3, 2019
Closed on
Feb 5, 2019
Sold by
Barner Gary K and Raassech Djamsched
Bought by
Jorstad Laurence F and Jorstad Terri L
Seller's Agent
Michael Lombardo
Coldwell Banker Realty
Buyer's Agent
Philip Simons
Philip E Simons, Broker
List Price
$1,239,500
Sold Price
$1,200,000
Premium/Discount to List
-$39,500
-3.19%
Current Estimated Value
$1,743,220

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$543,220
Avg. Annual Appreciation
5.38%

Purchase Details

Closed on
Aug 22, 2005
Sold by
Banner Gary K and Rassech Djamschad
Bought by
Banner Gary K and Rassech Djamsched

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 26, 2005
Sold by
Laptalo Jakov
Bought by
Rassech Djamschad and Banner Gary

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
5.79%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 30, 2000
Sold by
Toste Steve A
Bought by
Laptalo Jakov

Purchase Details

Closed on
Aug 10, 1999
Sold by
Gilroy Forest Llc
Bought by
Toste Steve A

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
7.63%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jorstad Laurence F $1,200,000 Chicago Title Co
Banner Gary K -- Chicago Title
Rassech Djamschad $375,000 Fidelity National Title Ins
Laptalo Jakov $396,500 Chicago Title Co
Toste Steve A $165,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Banner Gary K $600,000
Previous Owner Rassech Djamschad $100,000
Previous Owner Toste Steve A $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/11/2019 02/11/19 Sold $1,200,000 -3.2% $341 / Sq Ft
01/11/2019 01/11/19 Pending -- -- --
01/03/2019 01/03/19 For Sale $1,239,500 -- $353 / Sq Ft
Source: MLSListings

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 $16,197 $1,338,618 $669,309 $669,309
2024 $16,197 $1,312,372 $656,186 $656,186
2023 $16,104 $1,286,640 $643,320 $643,320
2022 $15,944 $1,261,412 $630,706 $630,706
2021 $15,903 $1,236,680 $618,340 $618,340
2020 $15,687 $1,224,000 $612,000 $612,000
2019 $15,369 $1,200,000 $350,000 $850,000
2018 $16,453 $1,350,000 $400,000 $950,000
2017 $16,805 $1,323,500 $402,500 $921,000
2016 $15,714 $1,237,000 $376,200 $860,800
2015 $13,548 $1,113,700 $338,700 $775,000
2014 $13,419 $1,081,300 $328,900 $752,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81734141

MLSListings

APN: 783-03-049

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