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1150 Valbusa Drive

1150 Valbusa Drive, Gilroy, CA 95020
House in Santa Clara
Sold Dec 13, 2019
$739,000
$711,000 by Guaranteed Rate Affinity Llc
Mortgage Due Sep 01, 2051
Sold Mar 28, 2000
$360,000
1150 Valbusa Drive has been categorized by the local assessors in Gilroy, CA as a residential type of property. The building on the property was first built in 1986 and is 38 years old. The home has a total of 9 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1150 Valbusa Drive has 1,790 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,000 ft and across the front of the lot is 600 ft. The area measurement of the land has been determined as 6,000 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 481 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. In terms of heating, it is utilizing a heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1150 Valbusa Drive was last sold in Dec 9, 2019 for $739,000. According to our calculations, that's $412.85 per sqft. Prior to that sales transaction, the property was sold for $360,000 in Mar 15, 2000. Current property owners are expected to pay $9,529 in taxes per year. The property on 1150 Valbusa Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $776,818. To break that down further, the land itself was valued at $310,727. While improvements to the property were assessed at a total of $466,091. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 481
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,790
  • Gross Building Area: 955
  • Building Area: 1,790
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 1,790
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 7856
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT 7856 AMENDED BOOK 565 PAGE 35 PAGE 37 LOT 36

Ownership

  • Current Owner : RIDLEY ANDREW S
  • Current Owner 2: RIDLEY SHANAY K
  • Previous Owner : JORSTAD LAURENCE F
  • Previous Owner 2: JORSTAD TERRI L
  • Owner Before Previous Owner: SCOTT ESTEP
  • Owner Before Previous Owner 2: SCOTT KERRIE A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Gilroy Unified School District
  • Census Tract: 512516

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 82-D5
  • Subdivision Tract Number: 7856
  • Parcel: 783-34-068
  • Lot: 36
  • Municipality: GILROY
  • Latitude: 37.0252
  • Longitude: -121.601

    Address

  • Full Address: 1150 Valbusa Dr
  • Address - House Number: 1150
  • Address - Street Name: Valbusa
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Gilroy
  • Carrier Code: C024
  • 4-Digit Zip Code: 7454
  • Zip Code: 95020

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,529
  • Tax Rate Code Area: 02-001

    Appraisal Valuation

  • Standard Deviation: 0.2008
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 73
  • Final Value: 1,006,811
  • High Value: 1,209,025
  • Low Value: 804,598

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $764,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE AFFINITY LLC
  • First Open Lien Mortgage Recording Date: Aug 16, 2021
  • First Open Lien Mortgage Loan Amount: $711,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2051
  • Second Open Lien Mortgage Lender: STAR ONE CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Dec 05, 2023
  • Second Open Lien Mortgage Loan Amount: $53,000
  • Second Open Lien Mortgage Term: 301
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Feb 08, 2049

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $776,818
  • Assessed Land Value: $310,727
  • Assessed Improvements Value: $466,091

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 09, 2019
  • Current Sale Recording Date: Dec 13, 2019
  • Current Sale Transaction ID: 11709792504
  • Current Sale Price: $739,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 24357792
  • Previous Sale Recording Date: Mar 28, 2000
  • Previous Sale Contract Date: Mar 15, 2000
  • Previous Sale Amount: $360,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE AFFINITY LLC
  • First Mortgage Transaction Date: Dec 13, 2019
  • First Mortgage Loan Amount: $702,050
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2050

About Gilroy



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Frequently Asked Questions

What neighborhood is 1150 Valbusa Drive located in?
The 1150 Valbusa Drive is a house located in the neighborhood of Santa Clara in Gilroy, Gilroy.
What is the average sales price for listings in 1150 Valbusa Drive?
The average sales price for units in 1150 Valbusa Drive is $0 currently.

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