NOT LISTED FOR SALE

8775 Wild Iris Dr Gilroy, CA 95020

Las Animas Neighborhood

Estimated Value: $2,233,000 - $2,605,000

0.4 Acre
$6,017,360 Price per Acre
17,424 Sq Ft Lot

Last Sold December 21, 2016

Last sale price $282,500

Est. 752% increase in value since last sale

Current estimated payment $15,032/month

91 Days on Market

Highlights

  • Boat Dock
  • City Lights View
  • 0.4 Acre Lot
  • Christopher High School Rated A-

About This Lot

As of December 2016

Create your own home on incredible lot in Cambridge at Carriage Hills. This private community on Gilroy's west side offers peace, tranquility, oak studded rolling hills, open space & views galore. Current owner has done all the prep work but now relocation is cutting his dream short. Soils report, structural reports, architectural & landscape plans complete AND city impact fees PAID. Get a jump start, run with these ideas or let your imagination explore all the endless possibilities of this special lot & prestigious neighborhood.

Last Agent to Sell the Property

Geri Rincon

Century 21 Real Estate Alliance Inc License #01132571 Listed on: 08/03/2016

Century 21 Real Estate Alliance Inc

Last Buyer's Agent

Paul Reddy

Vinpaul Corporation License #01885796

Property Details

Property Type

  • Land

Lot Details

  • 0.4 Acre Lot
  • Lot Sloped Up

Property Views

  • City Lights
  • Hills
  • Valley

Utilities

  • Gas Available
  • Sewer Within 50 Feet

Community Details

Overview

  • Property has a Home Owners Association
  • Cambridge At Carriage Hills Association

Recreation

  • Boat Dock

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Zoning: R1
  • Subclass: Residential Lot
  • Listing Class: Residential Lots & Land
  • Present Use: Residential, Vacant
  • Development Status: Approved Building Plan, Build To Suit, Building Site Cleared, Final Map Approved, Have Building Plans, Improvements Plans Avail, May Not Be Subdivided, Public Report Available, Recorded Parcel Map
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: City Lights, Hills, Valley

Utilities

  • Sewer/Septic System: Sewer In Street

Condo/Co-op/Association

  • HOA Fees: 106
  • HOA Amenities: Boat Dock
  • HOA Exist: Yes
  • H O A Name Text: Cambridge at Carriage Hills

Schools

  • High School: 2592

Lot Info

  • Lot Description: Grade - Sloped Up
  • Lot Acres: 0.4000
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 17424.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 17424.00
  • Parcel Access: Paved Road, Private Road

Multi Family

  • Utilities: Electricity - On Site, Gas - On Site

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 28, 2024
Sold by
Gonugunta Praveen and Gonugunta Smitha
Bought by
Gonugunta Praveen and Gonugunta Smitha
Current Estimated Value
$2,406,944

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,907,760
Outstanding Balance
$1,891,705
Interest Rate
7%
Mortgage Type
New Conventional
Estimated Equity
$515,239

Purchase Details

Listed on
Aug 3, 2016
Closed on
Dec 19, 2016
Sold by
Kollareddy Usharani
Bought by
Kollareddy Sridhar
Seller's Agent
Geri Rincon
Century 21 Real Estate Alliance Inc
Buyer's Agent
Paul Reddy
Vinpaul Corporation
List Price
$310,000
Sold Price
$282,500
Premium/Discount to List
-$27,500
-8.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.71%

Purchase Details

Listed on
Mar 31, 2014
Closed on
May 16, 2014
Sold by
Santa Clara County New Communities Ii Ll
Bought by
Nanchy Richard and Nanchy Eriselda
Seller's Agent
Lisa Blagof
Coldwell Banker Realty
Buyer's Agent
Marian Tankersley
RE/MAX Realty Partners
List Price
$269,000
Sold Price
$245,000
Premium/Discount to List
-$24,000
-8.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.70%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gonugunta Praveen -- Title Connect
Kollareddy Sridhar -- Chicago Title Company
Kollareddy Sridhar $282,500 Chicago Title Company
Nanchy Richard $245,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonugunta Praveen $1,907,760
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/21/2016 12/21/16 Sold $282,500 -8.9% --
11/03/2016 11/03/16 Pending -- -- --
08/03/2016 08/03/16 For Sale $310,000 +26.5% --
05/27/2014 05/27/14 Sold $245,000 -8.9% -- View Prior Sale
05/08/2014 05/08/14 Pending -- -- --
03/31/2014 03/31/14 For Sale $269,000 -- --
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 $29,503 $2,448,000 $816,000 $1,632,000
2024 $29,503 $2,400,000 $800,000 $1,600,000
2023 $23,684 $1,890,132 $315,132 $1,575,000
2022 $21,869 $1,738,153 $308,953 $1,429,200
2021 $3,974 $302,896 $302,896 $0
2020 $3,948 $299,791 $299,791 $0
2019 $3,812 $293,913 $293,913 $0
2018 $3,556 $288,150 $288,150 $0
2017 $3,631 $282,500 $282,500 $0
2016 $3,312 $253,705 $253,705 $0
2015 $3,072 $249,895 $249,895 $0
2014 $1,647 $130,761 $130,761 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2016

    Geri Rincon

    Century 21 Real Estate Alliance Inc

    Section Image

  • P

    Buyer's Agent in 2016

    Paul Reddy

    Vinpaul Corporation

    Section Image

  • L

    Seller's Agent in 2014

    Lisa Blagof

    Coldwell Banker Realty

    Section Image

  • M

    Buyer's Agent in 2014

    Marian Tankersley

    RE/MAX

    Section Image
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Map

Source: MLSListings

MLS Number: ML81598396

MLSListings

APN: 783-52-029

California Santa Clara County Gilroy 95020 Las Animas

8775 Wild Iris Dr, Gilroy, CA

Not Listed for Sale

Lots

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