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7620 Gennaro Way

7620 Gennaro Way, Gilroy, CA 95020
Townhouse in Santa Clara
7620 Gennaro Way 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 2007 and is 17 years old. The home has a total of 5 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 7620 Gennaro Way has 1,397 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 1,242 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a condo style.

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 garage for those who require parking. The garage measured 376 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying both a porch and a screened patio. Moving on to the building itself. The condition of the building has been evaluated as average. 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 air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. 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, 7620 Gennaro Way sold most recently in Aug 3, 2020 for a total of $435,000. If you work out the math, that's approximately a cost of $311.38 per sqft. Before that, the property was also sold for $275,000 in Oct 21, 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 $5,617 in taxes each year. 7620 Gennaro Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $452,574. If we break it down further, the land itself was valued at $226,287. Improvements to the property, however, were assessed at a total of $226,287. The property's total assessed value has been marked as more than the total market value 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.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

On-Street Parking
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200123
01/23/2020
2 Bed
3 Bath
1397 ft²
$549,000
bedrooms
2 Bed
bathrooms
3 Bath
square feet
1397 ft²
$435,000 -20.77%
08/06/2020
The Jamison Team

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Condo
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 376
  • Parking Space Count: 1
  • Patio Type: Patio - screened
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 1,242
  • Total Building Area: 1,397
  • Gross Building Area: 723
  • Building Area: 1,397
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,397
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ALEXANDER PLACE
  • Land Acres: 0.029
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: TRACT 9867 ALEXANDER PLACE BOOK 813 PAGE 31 PAGE 34 LOT 14

Ownership

  • Current Owner : KIM JAMES WIKYU
  • Current Owner 2: KIM SANDY CHONG
  • Previous Owner : VALENZUELA GERALD S
  • Previous Owner 2: VALENZUELA AMY K
  • Owner Before Previous Owner: ALEXANDER PLACE DEVELOPMENT LLC
  • Ownership Rights Codes: Revocable Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: CD

Geography

  • Subdivision Tract Number: 9867
  • Parcel: 841-83-014
  • Lot: 14
  • Municipality: GILROY
  • Latitude: 37.0109
  • Longitude: -121.567

    Address

  • Full Address: 7620 Gennaro Way
  • Address - House Number: 7620
  • Address - Street Name: Gennaro
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Gilroy
  • Carrier Code: C019
  • 4-Digit Zip Code: 5278
  • Zip Code: 95020

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,617
  • Tax Rate Code Area: 02-000

    Appraisal Valuation

  • Standard Deviation: 0.1934
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 74
  • Final Value: 553,934
  • High Value: 661,068
  • Low Value: 446,800

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $235,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Aug 06, 2020
  • First Open Lien Mortgage Loan Amount: $235,000
  • 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: Sep 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $452,574
  • Assessed Land Value: $226,287
  • Assessed Improvements Value: $226,287

    Sales

  • Current Sale Contract Date: Aug 03, 2020
  • Current Sale Recording Date: Aug 06, 2020
  • Current Sale Transaction ID: 11777800426
  • Current Sale Price: $435,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 24566605
  • Previous Sale Recording Date: Oct 31, 2013
  • Previous Sale Contract Date: Oct 21, 2013
  • Previous Sale Amount: $275,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Aug 06, 2020
  • First Mortgage Loan Amount: $235,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: GUILD MORTGAGE CO
  • Previous Mortgage Transaction Date: Oct 31, 2013
  • Previous Mortgage Loan Amount: $214,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2043

About Gilroy



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 7620 Gennaro Way located in?
The 7620 Gennaro Way is a townhouse located in the neighborhood of Santa Clara in Gilroy, Gilroy.
What is the average sales price for listings in 7620 Gennaro Way?
The average sales price for units in 7620 Gennaro Way is $549,000 , or $393/sqft. currently.

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