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2380 Olea Court

2380 Olea Court, Gilroy, CA 95020
House in Santa Clara
Sold Nov 17, 2017
$1,510,000
$1,202,500 by General Mortgage Capital Corp
Mortgage Due Jun 01, 2055
Sold Oct 31, 2003
$260,000
$130,000 by Bank Of America Na
Mortgage Due Nov 01, 2033
2380 Olea Court in Gilroy, CA was first built in 2007 and is 17 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 10 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 5 partial bathrooms. 2380 Olea Court has 4,438 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 21,100 square feet.

Learn more about the property and building on this page. There is a porch and a patio. For those who need parking, there is a garage. The garage is 1,040 sqft. There are a total of 4 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as good. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit. 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, 2380 Olea Court sold most recently in Nov 8, 2017 for a total of $1,510,000. If you work out the math, that's approximately a cost of $340.24 per sqft. Before that, the property was also sold for $260,000 in Oct 27, 2003. 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 $20,208 in taxes each year. 2380 Olea Court was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,651,402. If we break it down further, the land itself was valued at $492,139. Improvements to the property, however, were assessed at a total of $1,159,263. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: Good
  • Building Quality: B
  • Construction Type: Wood
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 1,040
  • Parking Space Count: 4
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 21,100
  • Total Building Area: 4,438
  • Gross Building Area: 2,680
  • Building Area: 4,438
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 4,438
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THE MAP OF TRACT 9201
  • Land Acres: 0.484
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT 9201 LOT 68

Ownership

  • Current Owner : NGUYEN TUNG
  • Current Owner 2: DAO NGOCLINH PHUONG
  • Previous Owner : DANG MINH
  • Owner Before Previous Owner: GILROY DEVELOPERS LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Gilroy Unified School District
  • Census Tract: 512515

Zoning

  • Zoning: R1

Geography

  • Subdivision Tract Number: 9201
  • Parcel: 783-64-026
  • Lot: 68
  • Municipality: GILROY
  • Latitude: 37.0271
  • Longitude: -121.621

    Address

  • Full Address: 2380 Olea Ct
  • Address - House Number: 2380
  • Address - Street Name: Olea
  • Address - Suffix Type: Ct
  • State: CA
  • City Name: Gilroy
  • Carrier Code: R001
  • 4-Digit Zip Code: 8414
  • Zip Code: 95020

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $20,208
  • Tax Rate Code Area: 02-004

    Appraisal Valuation

  • Standard Deviation: 0.189
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 75
  • Final Value: 2,061,744
  • High Value: 2,451,617
  • Low Value: 1,671,872

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,202,500
  • First Open Lien Mortgage Lender: GENERAL MORTGAGE CAPITAL CORP
  • First Open Lien Mortgage Recording Date: May 21, 2021
  • First Open Lien Mortgage Loan Amount: $1,202,500
  • First Open Lien Mortgage Term: 408
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2055

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,651,402
  • Assessed Land Value: $492,139
  • Assessed Improvements Value: $1,159,263

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 08, 2017
  • Current Sale Recording Date: Nov 17, 2017
  • Current Sale Transaction ID: 11302174297
  • Current Sale Price: $1,510,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 23806655
  • Previous Sale Recording Date: Oct 31, 2003
  • Previous Sale Contract Date: Oct 27, 2003
  • Previous Sale Amount: $260,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: MUFG UNION BANK NA
  • First Mortgage Transaction Date: Nov 17, 2017
  • First Mortgage Loan Amount: $1,208,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Dec 01, 2047

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Oct 31, 2003
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $130,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Nov 01, 2033

About Gilroy



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Frequently Asked Questions

What neighborhood is 2380 Olea Court located in?
The 2380 Olea Court is a house located in the neighborhood of Santa Clara in Gilroy, Gilroy.
What is the average sales price for listings in 2380 Olea Court?
The average sales price for units in 2380 Olea Court is $0 currently.

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