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1261 Cypress Court

1261 Cypress Court, Gilroy, CA 95020
House in Santa Clara
Sold Sep 21, 2018
$700,000
$661,375 by Stearns Lending Llc
Mortgage Due Oct 01, 2048
Sold Dec 30, 2011
$318,000
$309,938 by Jpmorgan Chase Bank Na
Mortgage Due Jan 01, 2042
1261 Cypress Court 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 1969 and is 55 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1261 Cypress Court has 1,336 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 1,100 ft and across the front of the lot is 640 ft. The area measurement of the land has been determined as 7,040 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a custom style.

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 482 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a porch and a patio. 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. There is a single fireplace in the home. Perfect for those wintery nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1261 Cypress Court sold most recently in Sep 14, 2018 for a total of $700,000. If you work out the math, that's approximately a cost of $523.95 per sqft. Before that, the property was also sold for $318,000 in Dec 20, 2011. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $9,295 in taxes each year. 1261 Cypress Court was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $750,538. If we break it down further, the land itself was valued at $536,099. Improvements to the property, however, were assessed at a total of $214,439. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Custom
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 482
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 7,040
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 640
  • Total Building Area: 1,336
  • Gross Building Area: 1,336
  • Building Area: 1,336
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 1,336
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WESTWOOD ACRES
  • Land Acres: 0.162
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT 3960 WESTWOOD ACRES BOOK 192 PAGE 55 LOT 115

Ownership

  • Current Owner : ORELLANA JOSE M
  • Current Owner 2: MARTINEZ ROSA MARIA
  • Previous Owner : VASQUEZ JOSE
  • Previous Owner 2: VASQUEZ EULALIA
  • Owner Before Previous Owner: MIRELES FREDERICO
  • Owner Before Previous Owner 2: HERRERA MARISOL K
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Gilroy Unified School District
  • Census Tract: 512510

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 83-D1
  • Subdivision Tract Number: 3960
  • Parcel: 808-02-031
  • Lot: 115
  • Municipality: GILROY
  • Latitude: 37.0108
  • Longitude: -121.596

    Address

  • Full Address: 1261 Cypress Ct
  • Address - House Number: 1261
  • Address - Street Name: Cypress
  • Address - Suffix Type: Ct
  • State: CA
  • City Name: Gilroy
  • Carrier Code: C017
  • 4-Digit Zip Code: 4705
  • Zip Code: 95020

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,295
  • Tax Rate Code Area: 02-001

    Appraisal Valuation

  • Standard Deviation: 0.1948
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 74
  • Final Value: 888,716
  • High Value: 1,061,920
  • Low Value: 715,511

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $707,594
  • First Open Lien Mortgage Lender: STEARNS LENDING LLC
  • First Open Lien Mortgage Recording Date: Sep 21, 2018
  • First Open Lien Mortgage Loan Amount: $661,375
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2048
  • Second Open Lien Mortgage Lender: CORELOGIC SOLEX
  • Second Open Lien Mortgage Recording Date: Feb 12, 2021
  • Second Open Lien Mortgage Loan Amount: $46,219
  • Second Open Lien Mortgage Term: 331
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Oct 01, 2048

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $750,538
  • Assessed Land Value: $536,099
  • Assessed Improvements Value: $214,439

    Sales

  • Current Sale Contract Date: Sep 14, 2018
  • Current Sale Recording Date: Sep 21, 2018
  • Current Sale Transaction ID: 11507459524
  • Current Sale Price: $700,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 24028525
  • Previous Sale Recording Date: Dec 30, 2011
  • Previous Sale Contract Date: Dec 20, 2011
  • Previous Sale Amount: $318,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: STEARNS LENDING LLC
  • First Mortgage Transaction Date: Sep 21, 2018
  • First Mortgage Loan Amount: $661,375
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: JPMORGAN CHASE BANK NA
  • Previous Mortgage Transaction Date: Dec 30, 2011
  • Previous Mortgage Loan Amount: $309,938
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jan 01, 2042

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1261 Cypress Court located in?
The 1261 Cypress Court is a house located in the neighborhood of Santa Clara in Gilroy, Gilroy.
What is the average sales price for listings in 1261 Cypress Court?
The average sales price for units in 1261 Cypress Court is $680,000 , or $509/sqft. currently.

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