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341 Lewis Street

341 Lewis Street, Gilroy, CA 95020
Property in Santa Clara
Sold Mar 05, 2020
$750,000
$570,000 by Home Point Financial Corporati
Mortgage Due Dec 01, 2050
Sold Mar 09, 2017
$700,000
Local assessors in Gilroy, CA have categorized 341 Lewis Street as a residential type of property. The home was built in 1929 and is 95 years old. The property's lot size has been calculated to be 64,000 square feet. The linear feet between the front and back of the lot was measured at 6,400 ft and the front of the lot was measured at 1,000 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a custom style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 3 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 is one full bathroom. There are also 2 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 341 Lewis Street has a total of 1,220 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. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 504 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a porch and a patio so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is fair. 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 - D. Residents rely on no air conditioning for their cooling system. The home's no heating system is the primary heating source and it is being fueled with nothing. 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, 341 Lewis Street was last sold in Feb 28, 2020 for $750,000. According to our calculations, that's $614.75 per sqft. Prior to that sales transaction, the property was sold for $700,000 in Mar 7, 2017. Current property owners are expected to pay $9,762 in taxes per year. The property on 341 Lewis Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $788,380. To break that down further, the land itself was valued at $536,099. While improvements to the property were assessed at a total of $252,281. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1929
  • Effective Year Built: 1929
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Fair
  • Building Quality: D
  • Construction Type: Wood
  • Building Style: Custom
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 504
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 64,000
  • Lot Size Depth Feet: 6,400
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,220
  • Gross Building Area: 1,220
  • Building Area: 1,220
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: None
  • Heated Square Feet: 1,220
  • Heating Fuel Type: None

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WALNUT GROVE
  • Land Acres: 1.469
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MAP F-1 PG 4 PART OF LOT 12

Ownership

  • Current Owner : PATEL JITENDRAKUMAR MAGANBHAI
  • Previous Owner : AADI CORPORATION
  • Owner Before Previous Owner: PATEL TEJAS A
  • Owner Before Previous Owner 2: PATEL RANJAN T
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Gilroy Unified School District
  • Census Tract: 512604

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 84-A1
  • Parcel: 841-03-063
  • Lot: 12
  • Municipality: GILROY
  • Latitude: 37.0118
  • Longitude: -121.566

    Address

  • Full Address: 341 Lewis St
  • Address - House Number: 341
  • Address - Street Name: Lewis
  • Address - Suffix Type: St
  • State: CA
  • City Name: Gilroy
  • Carrier Code: C019
  • 4-Digit Zip Code: 5244
  • Zip Code: 95020

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,762
  • Tax Rate Code Area: 02-000

    Appraisal Valuation

  • Standard Deviation: 0.2065
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 72
  • Final Value: 1,535,877
  • High Value: 1,853,055
  • Low Value: 1,218,700

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $570,000
  • First Open Lien Mortgage Lender: HOME POINT FINANCIAL CORPORATI
  • First Open Lien Mortgage Recording Date: Nov 16, 2020
  • First Open Lien Mortgage Loan Amount: $570,000
  • 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, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $788,380
  • Assessed Land Value: $536,099
  • Assessed Improvements Value: $252,281

    Sales

  • Current Sale Contract Date: Feb 28, 2020
  • Current Sale Recording Date: Mar 05, 2020
  • Current Sale Transaction ID: 11745073885
  • Current Sale Price: $750,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 24422406
  • Previous Sale Recording Date: Mar 09, 2017
  • Previous Sale Contract Date: Mar 07, 2017
  • Previous Sale Amount: $700,000
  • Previous Sale Document Type: Quit Claim Deed

    Last Sale Mortgage

  • First Mortgage Lender: CARDINAL FINANCIAL COMPANY LP
  • First Mortgage Transaction Date: Mar 05, 2020
  • First Mortgage Loan Amount: $562,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2050

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 341 Lewis Street located in?
The 341 Lewis Street is a located in the neighborhood of Santa Clara in Gilroy, Gilroy.
What is the average sales price for listings in 341 Lewis Street?
The average sales price for units in 341 Lewis Street is $0 currently.

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