NOT LISTED FOR SALE

8981 Tea Tree Way Gilroy, CA 95020

Las Animas Neighborhood

Estimated Value: $2,444,000 - $2,704,000

5 Beds
5 Baths
4,989 Sq Ft
$515/Sq Ft Est. Value

Last Sold March 30, 2021

Last sale price $2,000,000 $401 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $15,439/month

96 Days on Market

Highlights

  • New Construction
  • Two Primary Bedrooms
  • 0.89 Acre Lot
  • Christopher High School Rated A-
  • City Lights View
  • Wood Flooring

About This Home

As of March 2021

Be the first to move into this NEW CONSTRUCTION executive country estate home with stunning city VIEWS, LUXURY features, and ample space. With two expansive master suites, ensuite guest rooms, custom chefs kitchen and large 3 car garage this impressive home will check all your boxes. Why pay high prices up the peninsula when you can live like a king in Gilroy?

Last Agent to Sell the Property

Sandra Jamison

Tuscana Properties License #70010132 Listed on: 11/18/2020

Last Buyer's Agent

Robert Reichert

RCB Real Estate Group, Inc. License #01348154

Home Details

Home Type

  • Single Family

Year Built

  • 2020

Lot Details

  • 0.89

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Property Views

  • City Lights
  • Mountain
  • Valley

Home Design

  • Modern Architecture
  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 4,989 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Separate Family Room
  • Formal Dining Room
  • Loft
  • Wood Flooring
  • Laundry in unit

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Cooktop
  • Microwave
  • Kitchen Island
  • Quartz Countertops
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Double Master Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • 5 Full Bathrooms
  • Dual Sinks
  • Bathtub

Additional Features

  • 0.89 Acre Lot
  • Forced Air Heating and Cooling System

Community Details

  • County Estates Association

Home Details

Home Type

Single Family

Year Built

2020

Lot Details

0

HOA Fees

$100 per month

Parking

3

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Style: Modern / High Tech
  • Listing Class: Residential
  • Structure Sq Ft: 4989
  • Construction: Completed-Never Occupied
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2020

Interior Features

  • Family Room: Separate Family Room
  • Dining Room: Breakfast Nook, Eat In Kitchen, Formal Dining Room
  • Kitchen: Cooktop - Gas, Countertop - Quartz, Garbage Disposal, Island, Microwave, Pantry, Refrigerator, Trash Compactor
  • Living Sq Ft: 4989
  • Stories: 2
  • Bedrooms: Primary Bedroom On Ground Floor, More Than One Primary Bedroom
  • Laundry: Inside
  • Flooring: Hardwood
  • Additional Rooms: Loft
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Bathroom: Double Sinks, Full On Ground Floor, Tub In Primary Bedroom

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Tile
  • View: City Lights, Mountains, Valley

Garage/Parking

  • Garage Spaces: 3
  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 100
  • HOA Fee Frequency: Monthly
  • HOA Exist: Yes
  • H O A Name Text: County Estates

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Walk-In Closet

Lot Info

  • Lot Acres: 0.8898
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 38760.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 38760.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2020
Closed on
Mar 24, 2021
Sold by
Nri Associates Llc
Bought by
Unger David and Khawaja Mahreen
Seller's Agent
Sandra Jamison
Tuscana Properties
Buyer's Agent
Robert Reichert
RCB Real Estate Group, Inc.
List Price
$1,999,700
Sold Price
$2,000,000
Premium/Discount to List
$300
0.02%
Current Estimated Value
$2,519,821

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$519,821
Avg. Annual Appreciation
5.37%
Original Mortgage
$900,000
Outstanding Balance
$807,196
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$1,759,992

Purchase Details

Closed on
Nov 29, 2016
Sold by
Badwal Narinder
Bought by
Nri Associates Llc

Purchase Details

Listed on
Sep 12, 2013
Closed on
Oct 10, 2013
Sold by
Wells Fargo Bank Na
Bought by
Badwal Narinder
Seller's Agent
Marta Dinsmore
Intero Real Estate Services
Buyer's Agent
Narinder Badwal
Intero Real Estate Services
List Price
$210,000
Sold Price
$210,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.84%

Purchase Details

Closed on
Apr 6, 2011
Sold by
Gilroy Country Oaks Estates Llc
Bought by
Wells Fargo Bank N A and Coast Commercial Bank
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
Unger David $2,000,000 Lawyers Title
Nri Associates Llc -- None Available
Badwal Narinder $210,000 First American Title Company
Wells Fargo Bank N A $5,662,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Unger David $900,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/30/2021 03/30/21 Sold $2,000,000 0.0% $401 / Sq Ft
02/22/2021 02/22/21 Pending -- -- --
11/18/2020 11/18/20 For Sale $1,999,700 +852.2% $401 / Sq Ft
11/08/2013 11/08/13 Sold $210,000 0.0% -- View Prior Sale
09/24/2013 09/24/13 Pending -- -- --
09/12/2013 09/12/13 For Sale $210,000 -- --
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 $26,109 $2,164,862 $920,066 $1,244,796
2024 $26,109 $2,122,415 $902,026 $1,220,389
2023 $26,052 $2,080,800 $884,340 $1,196,460
2022 $25,630 $2,040,000 $867,000 $1,173,000
2021 $26,790 $2,100,522 $230,522 $1,870,000
2020 $17,237 $1,345,149 $228,159 $1,116,990
2019 $8,995 $649,006 $223,686 $425,320
2018 $3,939 $308,480 $219,300 $89,180
2017 $2,842 $215,000 $215,000 $0
2016 $6,715 $217,461 $217,461 $0
2015 $4,446 $214,195 $214,195 $0
2014 $2,878 $210,000 $210,000 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Sandra Jamison

    Tuscana Properties

    (408) 214-8821

    3 in this area

    345 Total Sales

    Sandra Jamison
    Section Image

  • R

    Buyer's Agent in 2021

    Robert Reichert

    RCB Real Estate Group, Inc.

    (650) 454-0280

    2 in this area

    37 Total Sales

    Robert Reichert
    Section Image

  • M

    Seller's Agent in 2013

    Marta Dinsmore

    Intero Real Estate Services

    Section Image

  • N

    Buyer's Agent in 2013

    Narinder Badwal

    Intero Real Estate Services

    (408) 655-5175

    3 Total Sales

    Narinder Badwal
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81817802

MLSListings

APN: 783-72-031

California Santa Clara County Gilroy 95020 Las Animas

8981 Tea Tree Way, Gilroy, CA

Not Listed for Sale

Detached

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