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7450 Railroad Street

7450 Railroad Street, Gilroy, CA 95020
House in Santa Clara
Sold Apr 23, 2004
$425,000
$340,000 by New Century Mortgage Corp
Mortgage Due May 01, 2034
7450 Railroad Street in Gilroy, CA was first built in 1900 and is 124 years old. Although, the building on the property was most recently renovated and altered in 1920. This has been categorized as a residential property type. It is a single story home. There are a total of 6 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 7450 Railroad Street has 1,024 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 400 ft and the linear feet between the front and back of the lot is 1,370. In total, the area measurement of the land is 5,480 square feet.

Learn more about the property and building on this page. There is a porch and a patio. The roof of the home is made of materials that we aren't sure of. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a attached garage. The garage is 1,120 sqft. There are a total of 4 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of D. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood siding. Walk into the home itself and you'll find that it is currently being cooled with no air conditioning. As for heating, the home is utilizing no heating system and being fueled with nothing. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 7450 Railroad Street sold most recently in Apr 5, 2004 for a total of $425,000. If you work out the math, that's approximately a cost of $415.04 per sqft. 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 $7,223 in taxes each year. 7450 Railroad Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $580,784. If we break it down further, the land itself was valued at $341,639. Improvements to the property, however, were assessed at a total of $239,145. 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.

Building Features

Parking

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

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Wood
  • Exterior Walls Type: Wood siding
  • Roof Cover Type: Other
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 1,120
  • Parking Space Count: 4
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 5,480
  • Lot Size Depth Feet: 1,370
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,024
  • Gross Building Area: 1,024
  • Building Area: 1,024
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: None
  • Heated Square Feet: 1,024
  • Heating Fuel Type: None

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.126
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BLK 1 PART OF LOT 4

Ownership

  • Current Owner : RAFFERTY NICHOLAS JOSEPH
  • Current Owner 2: RAFFERTY LINDA S
  • Previous Owner : HANOUM MILTON JAMES
  • Previous Owner 2: HANOUM SONIA
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Gilroy Unified School District
  • Census Tract: 512603

Zoning

  • Zoning: C2

Geography

  • Assessors Map Reference: 83-F2
  • Parcel: 841-06-027
  • Block: 1
  • Lot: 4
  • Municipality: GILROY
  • Latitude: 37.008
  • Longitude: -121.567

    Address

  • Full Address: 7450 Railroad St
  • Address - House Number: 7450
  • Address - Street Name: Railroad
  • Address - Suffix Type: St
  • State: CA
  • City Name: Gilroy
  • Carrier Code: C020
  • 4-Digit Zip Code: 5819
  • Zip Code: 95020

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,223
  • Tax Rate Code Area: 02-000

    Appraisal Valuation

  • Standard Deviation: 0.2034
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 72
  • Final Value: 814,712
  • High Value: 980,459
  • Low Value: 648,966

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $340,000
  • First Open Lien Mortgage Lender: NEW CENTURY MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Apr 23, 2004
  • First Open Lien Mortgage Loan Amount: $340,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: May 01, 2034

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $580,784
  • Assessed Land Value: $341,639
  • Assessed Improvements Value: $239,145

    Sales

  • Current Sale Contract Date: Apr 05, 2004
  • Current Sale Recording Date: Apr 23, 2004
  • Current Sale Transaction ID: 1006650582
  • Current Sale Price: $425,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 17739531

    Last Sale Mortgage

  • First Mortgage Lender: NEW CENTURY MORTGAGE CORP
  • First Mortgage Transaction Date: Apr 23, 2004
  • First Mortgage Loan Amount: $340,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: May 01, 2034

About Gilroy



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Frequently Asked Questions

What neighborhood is 7450 Railroad Street located in?
The 7450 Railroad Street is a house located in the neighborhood of Santa Clara in Gilroy, Gilroy.
What is the average sales price for listings in 7450 Railroad Street?
The average sales price for units in 7450 Railroad Street is $0 currently.

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