8340 Rancho Real

8340 Rancho Real in Gilroy, CA was first built in 1988 and is 36 years old. 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. There are a total of 2 floors. There are a total of 11 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 8340 Rancho Real has 3,423 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 1,000 ft and the linear feet between the front and back of the lot is 2,000. In total, the area measurement of the land is 20,000 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. For those who need parking, there is a garage. The garage is 1,086 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 B. The condition of the building has been evaluated as average. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home 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, 8340 Rancho Real sold most recently in May 9, 2019 for a total of $1,125,000. If you work out the math, that's approximately a cost of $328.66 per sqft. Before that, the property was also sold for $715,000 in Mar 1, 2000. 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 $14,773 in taxes each year. The initial year of tax delinquency occurred in 2023. 8340 Rancho Real was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,206,224. If we break it down further, the land itself was valued at $482,490. Improvements to the property, however, were assessed at a total of $723,734. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.