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2540 Bridle Path Drive

2540 Bridle Path Drive, Gilroy, CA 95020
Property in Santa Clara
Sold May 31, 2016
$1,550,000
$1,240,000 by Bank Of America Na
Mortgage Due Jun 01, 2046
Sold Jan 29, 2013
$1,240,000
$992,000 by Private Mortgage Advisors Llc
Mortgage Due Feb 01, 2043
2540 Bridle Path 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 1983 and is 41 years old. The home has a total of 14 rooms. 5 of these rooms are legally considered as bedrooms. Residents will have access to 4 full bathrooms. There are 5 partial bathrooms in the home. The building has a total of 2 stories. In addition, 2540 Bridle Path Drive has 7,692 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 423,164 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 1,066 sqft. According to our sources, there are a total of 4 available parking spaces. Residents will have the luxury of enjoying both a porch and a screened patio. Love to swim? You'll be excited to find out that there is a both a pool and a spa on the property. 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 A by the local assessor. In terms of heating, it is utilizing a heating system. 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, 2540 Bridle Path Drive sold most recently in May 20, 2016 for a total of $1,550,000. If you work out the math, that's approximately a cost of $201.51 per sqft. Before that, the property was also sold for $1,240,000 in Dec 13, 2012. 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 $21,357 in taxes each year. 2540 Bridle Path Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,763,631. If we break it down further, the land itself was valued at $568,913. Improvements to the property, however, were assessed at a total of $1,194,718. The property's total assessed value has been marked as more than the total market value which is pretty atypical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1983
  • Effective Year Built: 1983
  • Building Count: 1
  • Total Rooms: 14
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Wood
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 1,066
  • Parking Space Count: 4
  • Patio Type: Patio - screened
  • Porch Type: Porch
  • Pool Type: Pool & spa (both)

    Dimensions

  • Lot Size Square Feet: 423,164
  • Total Building Area: 7,692
  • Gross Building Area: 5,684
  • Building Area: 7,692
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 7,692
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GOLDEN HILL ESTATES
  • Land Acres: 9.715
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT 6241 GOLDEN HILL ESTATES BOOK 418 PAGE 40 PAGE 43 LOT 16

Ownership

  • Current Owner : LIU DENNIS W
  • Current Owner 2: LIU SOPHIA
  • Previous Owner : ROSENDAHL CHARLES A
  • Previous Owner 2: ROSENDAHL ROSEMARIE Q
  • Owner Before Previous Owner: KNIGHTS DAVID W
  • Owner Before Previous Owner 2: JENNINGS NICOLA L
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Gilroy Unified School District
  • Census Tract: 512402

Zoning

  • Zoning: HS

Geography

  • Assessors Map Reference: 81-C6
  • Subdivision Tract Number: 6241
  • Parcel: 830-17-028
  • Lot: 16
  • Municipality: UNINCORPORATED
  • Latitude: 37.0674
  • Longitude: -121.544

    Address

  • Full Address: 2540 Bridle Path Dr
  • Address - House Number: 2540
  • Address - Street Name: Bridle Path
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Gilroy
  • Carrier Code: R004
  • 4-Digit Zip Code: 9005
  • Zip Code: 95020

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $21,357
  • Tax Rate Code Area: 67-011

    Appraisal Valuation

  • Standard Deviation: 0.2136
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 70
  • Final Value: 2,042,339
  • High Value: 2,478,713
  • Low Value: 1,605,965

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,240,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: May 31, 2016
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,240,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2046

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,763,631
  • Assessed Land Value: $568,913
  • Assessed Improvements Value: $1,194,718

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 20, 2016
  • Current Sale Recording Date: May 31, 2016
  • Current Sale Transaction ID: 1555682415
  • Current Sale Price: $1,550,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 23320629
  • Previous Sale Recording Date: Jan 29, 2013
  • Previous Sale Contract Date: Dec 13, 2012
  • Previous Sale Amount: $1,240,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: May 31, 2016
  • First Mortgage Loan Amount: $1,240,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Jun 01, 2046

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: PRIVATE MORTGAGE ADVISORS LLC
  • Previous Mortgage Transaction Date: Jan 29, 2013
  • Previous Mortgage Loan Amount: $992,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Feb 01, 2043

About Santa Clara



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Frequently Asked Questions

What neighborhood is 2540 Bridle Path Drive located in?
The 2540 Bridle Path Drive is a located in the neighborhood of Santa Clara in Santa Clara, Gilroy.
What is the average sales price for listings in 2540 Bridle Path Drive?
The average sales price for units in 2540 Bridle Path Drive is $0 currently.

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