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2030 Trumar Lane

2030 Trumar Lane, Gilroy, CA 95020
Sold Nov 03, 2022
$2,850,000
$2,000,000 by Wells Fargo Bank Na
Mortgage Due Dec 01, 2052
Sold Sep 11, 2002
$625,000
Local assessors in Gilroy, CA have categorized 2030 Trumar Lane as a residential type of property. The home was built in 2022 and is 2 years old. The property's lot size has been calculated to be 213,450 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 10 rooms in the home. Of these, 5 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 5 full bathrooms. There are also 5 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2030 Trumar Lane has a total of 4,475 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Residents rely on no air conditioning for their cooling system. The home's a forced air unit is the primary heating source. 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, 2030 Trumar Lane sold most recently in Oct 26, 2022 for a total of $2,850,000. If you work out the math, that's approximately a cost of $636.87 per sqft. Before that, the property was also sold for $625,000 in Aug 26, 2002. 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 $8,025 in taxes each year. 2030 Trumar Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $2,850,000. If we break it down further, the land itself was valued at $1,950,000. Improvements to the property, however, were assessed at a total of $900,000. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.

Building Features

Condition

New Construction

Parking

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

Building Info

Overview

    General

  • Year Built: 2022
  • Effective Year Built: 2022
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Condition: Good
  • Construction Type: Wood
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 213,450
  • Total Building Area: 4,475
  • Building Area: 4,475
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 4,475
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 4.9
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT 9099 LOT 4

Ownership

  • Current Owner : ISLAND CREST FAMILY TRUST
  • Previous Owner : IACOMINI VINCENZO
  • Owner Before Previous Owner: FONTAINE ALAN R
  • Owner Before Previous Owner 2: FONTAINE DONNA K
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Gilroy Unified School District
  • Census Tract: 512401

Zoning

  • Zoning: RR-5A

Geography

  • Subdivision Tract Number: 9099
  • Parcel: 830-36-014
  • Lot: 4
  • Municipality: UNINCORPORATED
  • Latitude: 37.0716
  • Longitude: -121.561

    Address

  • Full Address: 2030 Trumar Ln
  • Address - House Number: 2030
  • Address - Street Name: Trumar
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Gilroy
  • Carrier Code: R004
  • 4-Digit Zip Code: 9733
  • Zip Code: 95020

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,025
  • Tax Rate Code Area: 67-007

    Appraisal Valuation

  • Standard Deviation: 0.0776
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 94
  • Final Value: 2,914,276
  • High Value: 3,140,521
  • Low Value: 2,688,031

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,000,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Nov 03, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $2,000,000
  • 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: Dec 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,850,000
  • Assessed Land Value: $1,950,000
  • Assessed Improvements Value: $900,000

    Sales

  • Current Sale Contract Date: Oct 26, 2022
  • Current Sale Recording Date: Nov 03, 2022
  • Current Sale Transaction ID: 11898172775
  • Current Sale Price: $2,850,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 25395871
  • Previous Sale Recording Date: Sep 11, 2002
  • Previous Sale Contract Date: Aug 26, 2002
  • Previous Sale Amount: $625,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Nov 03, 2022
  • First Mortgage Loan Amount: $2,000,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2052

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Santa Clara



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Frequently Asked Questions

What neighborhood is 2030 Trumar Lane located in?
The 2030 Trumar Lane is a land located in the neighborhood of Santa Clara in Santa Clara, Gilroy.
What is the average sales price for listings in 2030 Trumar Lane?
The average sales price for units in 2030 Trumar Lane is $0 currently.

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