NOT LISTED FOR SALE

Estimated Value: $640,000

0.24 Acre
$2,645,721 Price per Acre
10,537 Sq Ft Lot

Last Sold March 05, 2021

Last sale price $310,000

Est. 106% increase in value since last sale

Current estimated payment $3,892/month

69 Days on Market

Highlights

  • View of Hills
  • Christopher High School Rated A-
  • Pasture

About This Lot

As of March 2021

SPECTACULAR CORNER LOT LOCATED IN THE BEAUTIFUL COUNTRY ESTATES! READY FOR YOUR CREATIVITY AND IMAGINATION TO CUSTOMIZE YOUR DREAM HOME* VIEWS OF OPEN SPACE AND THE ROLLING HILLS OF GILROY* OVERSIZED 10,602 SF LOT WITH GORGEOUS MAJESTIC OAK TREE ENHANCING THE BEAUTY OF THIS AMAZING PARCEL OF LAND* ENJOY THE PEACEFUL COUNTRY SETTING ALONGSIDE BEAUTIFUL CUSTOM HOMES, SELLER SPENT OVER 4 YEARS & $100K ON FINAL PLANS, HOA & CITY APPROVAL, LANDSCAPE ARCHITECT PLANS, DON'T PASS UP THIS INCREDIBLE OPPORTUNITY, TURN YOUR DREAMS INTO REALITY!

Last Agent to Sell the Property

Anne Culbertson

Legacy Real Estate & Assoc. License #01091626 Listed on: 12/08/2020

Co-Listed By

Debbie Rossetto

Legacy Real Estate & Associates License #00985361

Last Buyer's Agent

RECIP

Out of Area Office License #00000000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,651

Lot Details

  • 10,537 Sq Ft Lot
  • Lot Sloped Down

Additional Features

  • Views of Hills
  • Pasture

Community Details

Overview

  • Country Estates Association
  • The community has rules related to parking rules

Recreation

  • Electricity Available at Street

Property Details

Property Type

Land

Est. Annual Taxes

$4,651

Lot Details

0

Listing Details

  • Zoning: R1
  • Subclass: Residential Development Land
  • Restrictions: Parking Restrictions
  • Listing Class: Residential Lots & Land
  • Present Use: Residential
  • Development Status: Approved Building Plan, Have Building Plans
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Hills, Pasture

Utilities

  • Sewer/Septic System: Sewer Available

Condo/Co-op/Association

  • HOA Fees: 64
  • HOA Exist: Yes
  • H O A Name Text: COUNTRY ESTATES

Schools

  • School District: Gilroy Unified
  • Elementary School: Luigi Aprea Elementary
  • Middle School: Brownell Middle
  • High School: Christopher High School
  • High School: 2592
  • Elementary School: 281
  • Middle School: 268

Lot Info

  • Lot Description: Grade - Sloped Down, Views
  • Lot Acres: 0.2419
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 10537.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 10537.00
  • Parcel Access: Accessible, Paved Road

Multi Family

  • Utilities: Electricity - Available At Street

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 17, 2021
Sold by
Lu Tuyet and The Tuyet Lu Trust
Bought by
Le Anh
Current Estimated Value
$640,000

Purchase Details

Listed on
Dec 8, 2020
Closed on
Mar 1, 2021
Sold by
Watson Marcus Alan and Watson Cameron Brooke
Bought by
Lu Tuyet and The Tuyet Lu Trust
Seller's Agent
Anne Culbertson
Legacy Real Estate & Assoc.
Buyer's Agent
RECIP
Out of Area Office
List Price
$499,999
Sold Price
$310,000
Premium/Discount to List
-$189,999
-38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.73%

Purchase Details

Listed on
Apr 7, 2016
Closed on
Jun 23, 2016
Sold by
Washburn Martin and Foodpro International Inc Prof
Bought by
Watson Marcus Alan and Watson Cameron Brooke
Seller's Agent
Lisa Flemming
Intero Real Estate Services
Buyer's Agent
Deborah Rossetto
Legacy RE & Assoc.ERA Powered
List Price
$349,000
Sold Price
$240,000
Premium/Discount to List
-$109,000
-31.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.71%

Purchase Details

Closed on
Sep 2, 2010
Sold by
Bank Of America Na
Bought by
Washburn Martin

Purchase Details

Closed on
Mar 1, 2010
Sold by
Gebremariam Efrem
Bought by
Bank Of America Na

Purchase Details

Closed on
Nov 2, 2000
Sold by
Country Estates Llc
Bought by
Gebremariam Efrem

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
7.82%
Mortgage Type
Balloon
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
Le Anh $151,000 Old Republic Title Company
Lu Tuyet $310,000 Chicago Title Company
Watson Marcus Alan $240,000 Old Republic Title Company
Washburn Martin $80,000 None Available
Bank Of America Na $168,750 Landsafe Title
Gebremariam Efrem $325,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gebremariam Efrem $249,000
Previous Owner Gebremariam Efrem $252,000
Previous Owner Gebremariam Efrem $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2021 03/05/21 Sold $310,000 -8.7% --
02/16/2021 02/16/21 Pending -- -- --
02/11/2021 02/11/21 Price Changed $339,550 -32.1% --
12/08/2020 12/08/20 For Sale $499,999 +108.3% --
07/27/2016 07/27/16 Sold $240,000 -31.2% --
06/15/2016 06/15/16 Pending -- -- --
04/07/2016 04/07/16 For Sale $349,000 -- --
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 $4,651 $328,974 $328,974 --
2024 $4,651 $322,524 $322,524 --
2023 $5,665 $316,200 $316,200 $0
2022 $4,516 $310,000 $310,000 $0
2021 $3,313 $257,327 $257,327 $0
2020 $3,277 $254,689 $254,689 $0
2019 $3,327 $249,696 $249,696 $0
2018 $3,119 $244,800 $244,800 $0
2017 $3,152 $240,000 $240,000 $0
2016 $2,389 $86,362 $86,362 $0
2015 $1,716 $85,065 $85,065 $0
2014 $1,063 $83,399 $83,399 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81824469

MLSListings

APN: 783-46-079