320 1st Street

Local assessors in Gilroy, CA have categorized 320 1st Street as a office type of property. The home was built in 1953 and is 71 years old. The property's lot size has been calculated to be 7,109 square feet. 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 320 1st Street has a total of 2,129 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. 320 1st Street is a 4 code building. This code stands for "buildings that have wood or wood and steel frames.". Moving onto specific details regarding the building. Our sources show that the building condition is average. 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. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. Residents rely on air conditioning for their cooling 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, 320 1st Street sold most recently in Dec 9, 2021 for a total of $807,000. If you work out the math, that's approximately a cost of $379.05 per sqft. Before that, the property was also sold for $68,000 in Jan 27, 1995. 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 $10,276 in taxes each year. 320 1st Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $823,140. If we break it down further, the land itself was valued at $275,400. Improvements to the property, however, were assessed at a total of $547,740. 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.