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7498 Chestnut Street

7498 Chestnut Street, Gilroy, CA 95020
Property in Santa Clara
Sold Mar 15, 2021
$730,000
$547,500 by Alameda Mortgage Corp
Mortgage Due Apr 01, 2051
Sold May 14, 2019
$630,000
$618,589 by Guaranteed Rate Affinity Llc
Mortgage Due Jun 01, 2049
7498 Chestnut 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 1950. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a custom style. It is a single story home. There are a total of 4 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 7498 Chestnut Street has 1,170 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 670 ft and the linear feet between the front and back of the lot is 1,590. In total, the area measurement of the land is 10,653 square feet.

Learn more about the property and building on this page. There is a porch and a screened patio. For those who need parking, there is a garage. The garage is 240 sqft. There is one available parking space. 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 C. The condition of the building has been evaluated as average. As for heating, the home is utilizing a heating system. The property was last sold in Mar 1, 2021 for $730,000. That's $623.93 per sqft. Prior to that sales transaction, the property was also sold in May 6, 2019 for $630,000. 7498 Chestnut Street was last assessed in 2023. The total value of the property was assessed at $725,000. Specifically, the land the property is located on was valued at $526,300. While improvements on the property were assessed at a total of $198,700. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $9,784. The initial tax year of delinquency was in 2019. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Parking

Detached Garage
Guest Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Custom
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 240
  • Parking Space Count: 1
  • Patio Type: Patio - screened
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 10,653
  • Lot Size Depth Feet: 1,590
  • Lot Size Frontage Feet: 670
  • Total Building Area: 1,170
  • Gross Building Area: 1,170
  • Building Area: 1,170
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 1,170
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAS ANIMAS RANCH
  • Land Acres: 0.245
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 3

Ownership

  • Current Owner : ZHENG SHAO LAN
  • Current Owner 2: ZHU YINGGUANG
  • Previous Owner : MOREY EDWARD J
  • Previous Owner 2: MOREY MEGAN D
  • Owner Before Previous Owner: SCHREIBER ATIA
  • Owner Before Previous Owner 2: MARC PERKEL 2017 TRUST
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

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

Zoning

  • Zoning: R3

Geography

  • Assessors Map Reference: 84-A1
  • Parcel: 841-07-049
  • Lot: 3
  • Municipality: GILROY
  • Latitude: 37.0095
  • Longitude: -121.564

    Address

  • Full Address: 7498 Chestnut St
  • Address - House Number: 7498
  • Address - Street Name: Chestnut
  • Address - Suffix Type: St
  • State: CA
  • City Name: Gilroy
  • Carrier Code: C020
  • 4-Digit Zip Code: 5806
  • Zip Code: 95020

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,784
  • Intital Tax Deliquent Year: 2019
  • Tax Rate Code Area: 02-000

    Appraisal Valuation

  • Standard Deviation: 0.2034
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 72
  • Final Value: 804,548
  • High Value: 968,227
  • Low Value: 640,869

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $547,500
  • First Open Lien Mortgage Lender: ALAMEDA MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Mar 15, 2021
  • First Open Lien Mortgage Loan Amount: $547,500
  • 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: Apr 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $725,000
  • Assessed Land Value: $526,300
  • Assessed Improvements Value: $198,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 01, 2021
  • Current Sale Recording Date: Mar 15, 2021
  • Current Sale Transaction ID: 11824954703
  • Current Sale Price: $730,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 24874949
  • Previous Sale Recording Date: May 14, 2019
  • Previous Sale Contract Date: May 06, 2019
  • Previous Sale Amount: $630,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: ALAMEDA MORTGAGE CORP
  • First Mortgage Transaction Date: Mar 15, 2021
  • First Mortgage Loan Amount: $547,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: GUARANTEED RATE AFFINITY LLC
  • Previous Mortgage Transaction Date: May 14, 2019
  • Previous Mortgage Loan Amount: $618,589
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jun 01, 2049

About Gilroy



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Frequently Asked Questions

What neighborhood is 7498 Chestnut Street located in?
The 7498 Chestnut Street is a located in the neighborhood of Santa Clara in Gilroy, Gilroy.
What is the average sales price for listings in 7498 Chestnut Street?
The average sales price for units in 7498 Chestnut Street is $0 currently.

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