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770 1st Street

770 1st Street, Gilroy, CA 95020
Property in Santa Clara
Local assessors in Gilroy, CA have categorized 770 1st Street as a commercial type of property. The home was built in 2009 and is 15 years old. The property's lot size has been calculated to be 58,403 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a custom style. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 770 1st Street has a total of 14,489 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. 770 1st Street is a 3 code building. This code stands for "buildings that have exterior walls made of non-combustible material. The interior partitions and roof structure are combustible materials. For example, the building may have concrete floors or a wood frame". 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 concrete 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 - C. Residents rely on air conditioning for their cooling system. The property was last sold in Sep 21, 2021 for $11,050,000. That's $762.65 per sqft. Prior to that sales transaction, the property was also sold in Oct 16, 2013 for $9,499,750. 770 1st Street was last assessed in 2023. The total value of the property was assessed at $9,424,174. Specifically, the land the property is located on was valued at $2,166,075. While improvements on the property were assessed at a total of $7,258,099. 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 $116,011. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. 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.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 2009
  • Effective Year Built: 2009
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Concrete
  • Building Style: Custom
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 58,403
  • Total Building Area: 14,489
  • Gross Building Area: 14,489
  • Building Area: 14,489
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 14,489
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Building Type: Exterior non-combustible materials/Interior combustible materials
  • Property Class: Commercial
  • Land Acres: 1.341
  • Standard Land Use Code: Retail stores (personal services, photography, travel)

Ownership

  • Current Owner : MINER WILLIAM B
  • Current Owner 2: MINER LESLIE
  • Previous Owner : PIRNIK DAVID G
  • Previous Owner 2: PIRNIK IRENE F
  • Owner Before Previous Owner: CASTLEWOOD COMMERCIAL WAL LLC
  • Ownership Rights Codes: Revocable Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Gilroy Unified School District
  • Census Tract: 512511

Zoning

  • Zoning: C3

Geography

  • Parcel: 808-12-037
  • Municipality: GILROY
  • Latitude: 37.0131
  • Longitude: -121.584

    Address

  • Full Address: 770 1st St
  • Address - House Number: 770
  • Address - Street Name: 1st
  • Address - Suffix Type: St
  • State: CA
  • City Name: Gilroy
  • Carrier Code: C013
  • 4-Digit Zip Code: 4972
  • Zip Code: 95020

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $116,011
  • Tax Rate Code Area: 02-001

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,200,000
  • First Open Lien Mortgage Lender: HERITAGE BANK OF COMMERCE
  • First Open Lien Mortgage Recording Date: Sep 11, 2023
  • First Open Lien Mortgage Loan Amount: $1,200,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $9,424,174
  • Assessed Land Value: $2,166,075
  • Assessed Improvements Value: $7,258,099

    Sales

  • Current Sale Contract Date: Sep 21, 2021
  • Current Sale Recording Date: Sep 23, 2021
  • Current Sale Transaction ID: 11856778869
  • Current Sale Price: $11,050,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 25111044
  • Previous Sale Recording Date: Oct 31, 2013
  • Previous Sale Contract Date: Oct 16, 2013
  • Previous Sale Amount: $9,499,750
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: HERITAGE BANK OF COMMERCE
  • First Mortgage Transaction Date: Sep 23, 2021
  • First Mortgage Loan Amount: $5,136,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

About Gilroy



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Frequently Asked Questions

What neighborhood is 770 1st Street located in?
The 770 1st Street is a located in the neighborhood of Santa Clara in Gilroy, Gilroy.
What is the average sales price for listings in 770 1st Street?
The average sales price for units in 770 1st Street is $0 currently.

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