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295 London Drive

295 London Drive, Gilroy, CA 95020
House in Santa Clara
Sold Nov 09, 2018
$835,000
$618,750 by United Wholesale Mortgage
Mortgage Due Oct 01, 2050
295 London 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 1980 and is 44 years old. The home has a total of 10 rooms. 5 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, 295 London Drive has 2,810 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 700 ft. The area measurement of the land has been determined as 7,700 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 340 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying both a porch and a screened 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 B by the local assessor. The roof of the building is made of wood shake/ shingles. The exterior walls of the building are made of stucco. In terms of heating, it is utilizing a heating system. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 295 London Drive was last sold in Oct 30, 2018 for $835,000. According to our calculations, that's $297.15 per sqft. Current property owners are expected to pay $11,063 in taxes per year. The property on 295 London Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,128,531. To break that down further, the land itself was valued at $510,829. While improvements to the property were assessed at a total of $617,702. 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 you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Wood
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 340
  • Parking Space Count: 1
  • Patio Type: Patio - screened
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 7,700
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 700
  • Total Building Area: 2,810
  • Gross Building Area: 1,442
  • Building Area: 2,810
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 2,810
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HIDDEN GLEN OF GILROY
  • Land Acres: 0.177
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT 6254 LOT 102

Ownership

  • Current Owner : DU LIM THIRO
  • Current Owner 2: DU PHUONG NGUYEN ANH
  • Previous Owner : OVESEN THOMAS A
  • Previous Owner 2: OVESEN KAREN M
  • Ownership Rights Codes: Life Tenant
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Gilroy Unified School District
  • Census Tract: 512509

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 84-A3
  • Subdivision Tract Number: 6254
  • Parcel: 799-42-015
  • Lot: 102
  • Municipality: GILROY
  • Latitude: 36.9953
  • Longitude: -121.567

    Address

  • Full Address: 295 London Dr
  • Address - House Number: 295
  • Address - Street Name: London
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Gilroy
  • Carrier Code: C016
  • 4-Digit Zip Code: 6704
  • Zip Code: 95020

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,063
  • Tax Rate Code Area: 02-001

    Appraisal Valuation

  • Standard Deviation: 0.2045
  • Valuation Date: Sep 27, 2023
  • Confidence Score: 72
  • Final Value: 1,165,181
  • High Value: 1,403,462
  • Low Value: 926,899

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $618,750
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Sep 03, 2020
  • First Open Lien Mortgage Loan Amount: $618,750
  • 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: Oct 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,128,531
  • Assessed Land Value: $510,829
  • Assessed Improvements Value: $617,702

    Sales

  • Current Sale Contract Date: Oct 30, 2018
  • Current Sale Recording Date: Nov 09, 2018
  • Current Sale Transaction ID: 11531736755
  • Current Sale Price: $835,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 24062269

    Last Sale Mortgage

  • First Mortgage Lender: PMAC LENDING SERVICES INC
  • First Mortgage Transaction Date: Nov 09, 2018
  • First Mortgage Loan Amount: $626,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Dec 01, 2048

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Gilroy



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Frequently Asked Questions

What neighborhood is 295 London Drive located in?
The 295 London Drive is a house located in the neighborhood of Santa Clara in Gilroy, Gilroy.
What is the average sales price for listings in 295 London Drive?
The average sales price for units in 295 London Drive is $0 currently.

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