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390 London Drive

390 London Drive, Gilroy, CA 95020
Property in Santa Clara
Local assessors in Gilroy, CA have categorized 390 London Drive as a residential type of property. The home was built in 1979 and is 45 years old. The property's lot size has been calculated to be 7,056 square feet. The linear feet between the front and back of the lot was measured at 1,120 ft and the front of the lot was measured at 630 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 4 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 are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 390 London Drive has a total of 2,085 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. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. 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 489 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 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 - B. The building has a roof that is made of wood shake/ shingles. Lots of stucco were used in the construction of the exterior walls of the home. The home's a heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 390 London Drive was last sold in Sep 27, 2019 for $685,000. According to our calculations, that's $328.54 per sqft. Prior to that sales transaction, the property was sold for $475,000 in Feb 24, 2014. Current property owners are expected to pay $8,836 in taxes per year. The property on 390 London Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $720,054. To break that down further, the land itself was valued at $395,978. While improvements to the property were assessed at a total of $324,076. 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. 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.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.

Building Features

Parking

Attached Garage
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190823
08/23/2019
4 Bed
2.5 Bath
2085 ft²
$699,000
bedrooms
4 Bed
bathrooms
2.5 Bath
square feet
2085 ft²
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • 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: 489
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 7,056
  • Lot Size Depth Feet: 1,120
  • Lot Size Frontage Feet: 630
  • Total Building Area: 2,085
  • Gross Building Area: 1,095
  • Building Area: 2,085
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 2,085
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: 6254 HIDDEN GLEN GILROY UN 5
  • Land Acres: 0.162
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT 6254 LOT 96

Ownership

  • Current Owner : RAI SANDEEP K
  • Previous Owner : PHELAN JOHN E
  • Previous Owner 2: PHELAN ANJELLQUE D
  • Owner Before Previous Owner: AKIMAX INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 83-F3
  • Subdivision Tract Number: 6254
  • Parcel: 799-42-009
  • Lot: 96
  • Municipality: GILROY
  • Latitude: 36.9948
  • Longitude: -121.568

    Address

  • Full Address: 390 London Dr
  • Address - House Number: 390
  • Address - Street Name: London
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Gilroy
  • Carrier Code: C016
  • 4-Digit Zip Code: 6706
  • Zip Code: 95020

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,836
  • Tax Rate Code Area: 02-001

    Appraisal Valuation

  • Standard Deviation: 0.2034
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 72
  • Final Value: 976,003
  • High Value: 1,174,562
  • Low Value: 777,443

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $542,000
  • First Open Lien Mortgage Lender: QUICKEN LOANS LLC
  • First Open Lien Mortgage Recording Date: Jul 21, 2020
  • First Open Lien Mortgage Loan Amount: $542,000
  • 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: Aug 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $720,054
  • Assessed Land Value: $395,978
  • Assessed Improvements Value: $324,076

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 27, 2019
  • Current Sale Recording Date: Oct 01, 2019
  • Current Sale Transaction ID: 11657197808
  • Current Sale Price: $685,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 24294369
  • Previous Sale Recording Date: Feb 28, 2014
  • Previous Sale Contract Date: Feb 24, 2014
  • Previous Sale Amount: $475,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: MOVEMENT MORTGAGE
  • First Mortgage Transaction Date: Oct 01, 2019
  • First Mortgage Loan Amount: $548,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Oct 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: RESOURCE LENDERS INC
  • Previous Mortgage Transaction Date: Feb 28, 2014
  • Previous Mortgage Loan Amount: $434,981
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Mar 01, 2044

About Gilroy



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 390 London Drive located in?
The 390 London Drive is a other located in the neighborhood of Santa Clara in Gilroy, Gilroy.
What is the average sales price for listings in 390 London Drive?
The average sales price for units in 390 London Drive is $0 currently.

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