NOT LISTED FOR SALE

968 Montebello Dr Gilroy, CA 95020

6 Beds
4 Baths
2,426 Sq Ft
8,046 Sq Ft Lot

Last Sold July 31, 2020

Last sale price $850,000 $350 Per Sq Ft

99 Days on Market

Highlights

  • Balcony
  • Walk-In Closet
  • Ceiling Fan
  • 3 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Fenced

About This Home

As of July 2020

Great investment opportunity! Both units are 3 bedrooms 2 baths, approximately 1213 sq ft with inside laundry area, one side has 2 car garage, other has one car garage, spacious, private backyards, fireplace in living rm. Washer/dryer & refrigerators belong to tenants. Rents are below market,tenants pay all utilities, separate meters for gas/electricity & water. Master bedroom offers walk in closet & it's own bathrm with shower, hallbath offers shower over tub. Easy access to shopping centers, banks, schools,parks, bus service, grocery stores

Last Agent to Sell the Property

Susan Jacobsen

Starritt Realtors License #00572040 Listed on: 03/26/2020

Last Buyer's Agent

Mary Alvarez

Windermere Valley Properties License #01229005

Windermere Valley Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • 1978

Lot Details

  • 8,046 Sq Ft Lot
  • Fenced
  • Back Yard

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Duplex
  • Slab Foundation
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • Walk-In Closet
  • 2,426 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Washer and Dryer Hookup

Kitchen

  • Oven or Range
  • Electric Cooktop
  • Range Hood
  • Dishwasher
  • Formica Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $29,400

Community Details

Overview

Building Details

  • 2 Leased Units
  • Insurance Expense $377
  • Manager Expense $1,200
  • Operating Expense $5,732
  • Gross Income $29,400

Property Details

Home Type

Multi-Family

Year Built

1978

Lot Details

0

Parking

3

Listing Details

  • Zoning: R1
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2426
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1978

Interior Features

  • Kitchen: Cooktop - Electric, Countertop - Formica, Dishwasher, Garbage Disposal, Hood Over Range, Oven Range
  • Living Sq Ft: 2426
  • Stories: 1
  • Laundry: Hookups Only
  • Flooring: Carpet, Laminate, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 3
  • Parking Spaces: 3
  • Garage Parking Features: Attached Garage, Gate / Door Opener, Off-Street Parking

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Walk-In Closet

Lot Info

  • Lot Acres: 0.1847
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8046.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8046.00

Rental Info

  • Existing Lease Term(s): Lease Agreement - Written, Month To Month, Security Deposit
  • Gross Rent Multiplier: 29.25
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Natural Gas, Public Utilities
  • Expense Insurance: 377
  • Expense Management: 1200
  • Expenses Total: 5732
  • Income Annual Gross: 29400.00
  • Income Annual Rental: 29400
  • Income Gross Scheduled: 29400
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Tenant Expenses: Services - Gardener/Landscaping, Services - Sewer, Services - Trash Removal, Utilities - Heating, Utilities - Hot Water, Utilities - Water
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2020 07/31/20 Sold $850,000 -1.2% $350 / Sq Ft
07/04/2020 07/04/20 Pending -- -- --
03/26/2020 03/26/20 For Sale $859,900 -- $354 / 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 $11,179 $920,066 $508,742 $411,324
2024 $11,179 $902,026 $498,767 $403,259
2023 $11,114 $884,340 $488,988 $395,352
2022 $10,933 $867,000 $479,400 $387,600
2021 $10,886 $850,000 $470,000 $380,000
2020 $4,193 $321,304 $107,096 $214,208
2019 $4,155 $315,005 $104,997 $210,008
2018 $3,883 $308,830 $102,939 $205,891
2017 $3,962 $302,775 $100,921 $201,854
2016 $3,878 $296,840 $98,943 $197,897
2015 $3,661 $292,382 $97,457 $194,925
2014 $3,638 $286,655 $95,548 $191,107
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81787933

MLSListings

APN: 808-28-041