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7240 Eagle Ridge Drive

7240 Eagle Ridge Drive, Gilroy, CA 95020
House in Santa Clara
Sold Jan 04, 2019
$1,025,000
$49,052 by Figure Lending Llc
Mortgage
Sold Feb 15, 2013
$750,000
$550,000 by Stearns Lending Inc
Mortgage Due Feb 01, 2043
7240 Eagle Ridge 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 2003 and is 21 years old. The home has a total of 9 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 7240 Eagle Ridge Drive has 2,645 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 7,800 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 attached garage for those who require parking. The garage measured 612 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a porch and a patio. Moving on to the building itself. The condition of the building has been evaluated as good. 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 inside of the home is being cooled with no air conditioning at the moment. In terms of heating, it is utilizing no heating system and being fueled with nothing. 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, 7240 Eagle Ridge Drive sold most recently in Dec 18, 2018 for a total of $1,025,000. If you work out the math, that's approximately a cost of $387.52 per sqft. Before that, the property was also sold for $750,000 in Feb 4, 2013. 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 $13,550 in taxes each year. The initial year of tax delinquency occurred in 2019. 7240 Eagle Ridge Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,099,004. If we break it down further, the land itself was valued at $589,709. Improvements to the property, however, were assessed at a total of $509,295. The property's total assessed value has been marked as more than the total market value 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. 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: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: B
  • Construction Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 612
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 7,800
  • Total Building Area: 2,645
  • Gross Building Area: 2,645
  • Building Area: 2,645
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: None
  • Heated Square Feet: 2,645
  • Heating Fuel Type: None

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 9156 EAGLE RDG
  • Land Acres: 0.179
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : JOHNSON CAROL A
  • Previous Owner : MORTON SANDRA
  • Owner Before Previous Owner: DYER ROBERT
  • Owner Before Previous Owner 2: DYER DIANE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Gilroy Unified School District
  • Census Tract: 512510

Zoning

  • Zoning: R1

Geography

  • Parcel: 810-56-027
  • Lot: 9
  • Municipality: GILROY
  • Latitude: 36.999
  • Longitude: -121.606

    Address

  • Full Address: 7240 Eagle Ridge Dr
  • Address - House Number: 7240
  • Address - Street Name: Eagle Ridge
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Gilroy
  • Carrier Code: C026
  • 4-Digit Zip Code: 3050
  • Zip Code: 95020

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $13,550
  • Intital Tax Deliquent Year: 2019
  • Tax Rate Code Area: 02-004

    Appraisal Valuation

  • Standard Deviation: 0.2144
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 70
  • Final Value: 1,331,748
  • High Value: 1,617,327
  • Low Value: 1,046,168

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $49,052
  • First Open Lien Mortgage Lender: FIGURE LENDING LLC
  • First Open Lien Mortgage Recording Date: Jul 21, 2020
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $49,052
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,099,004
  • Assessed Land Value: $589,709
  • Assessed Improvements Value: $509,295

    Sales

  • Current Sale Contract Date: Dec 18, 2018
  • Current Sale Recording Date: Jan 04, 2019
  • Current Sale Transaction ID: 11548768586
  • Current Sale Price: $1,025,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 24092102
  • Previous Sale Recording Date: Feb 15, 2013
  • Previous Sale Contract Date: Feb 04, 2013
  • Previous Sale Amount: $750,000
  • Previous Sale Document Type: Grant Deed

    Previous Mortgages

  • Previous Mortgage Lender: STEARNS LENDING INC
  • Previous Mortgage Transaction Date: Feb 15, 2013
  • Previous Mortgage Loan Amount: $550,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Feb 01, 2043

About Gilroy



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Frequently Asked Questions

What neighborhood is 7240 Eagle Ridge Drive located in?
The 7240 Eagle Ridge Drive is a house located in the neighborhood of Santa Clara in Gilroy, Gilroy.
What is the average sales price for listings in 7240 Eagle Ridge Drive?
The average sales price for units in 7240 Eagle Ridge Drive is $0 currently.

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