tomo logo

$1,749,000

Beds
4
Baths
2.5
sq ft
2,031

10995 Santa Teresa Blvd, Gilroy, CA 95020

10995 Santa Teresa Blvd

Gilroy, CA 95020

  • 92 days on market
Welcome home to this wonderful estate boasting 2 large homes & a large shop, all on over 2 flat acres. The homes have separate mailing addresses, electrical meters, water and septic for total independence. Main house offers 4 bedrooms 2.5 baths, a large sunroom, indoor laundry, ranch style/single story, wood burning fireplace, solar, 3 car garage & 3 property access points. The 2nd unit is vacant & offers 3 bedrooms 2 baths, laundry, kitchen & independent utilities. The wrap around driveway allows for easy access to the properties entire perimeter. The large shop offers 4 roll-up doors and 1 man door with tons of room for tools, storage and additional vehicles. The corner lot allows for added space from neighbors. The general location is ideal in that it's close to freeway access, close to everything the cities of Gilroy & Morgan Hill have to offer as well as close to local wine country. You'll also appreciate mountain views & sunsets from this ideal location. Multiple homes, large shop and tons of space are hard to find. This is an excellent opportunity for multi living situation or investment income to offset cost of ownership. Reach out today!

Details

Property type

Single Family Residence

Est. home value

$1,588,516

Lot size

2.22 acres

Price per sq ft

$862

Year built

1979

Price History

04/02/2024
BridgeMLS

BridgeMLS #ML81959775

Listed
$1,749,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Gilroy Unified

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

James Vergara Etal

Loan start date

December 2020

Original loan amount

$17,000

Est. remaining balance

Not provided

Interest rate

2.78%

Loan type

Commercial

Seller

Gregorio F Lucio and Adela P Lucio

Lender

Hms Capital Inc

Loan start date

November 2006

Original loan amount

$450,000

Est. remaining balance

Not provided

Interest rate

6.43%

Loan type

Stand Alone Second, 30 year

Seller

Gregorio F Lucio and Adela P Lucio

Lender

Santa Clara County Fcu

Loan start date

May 2004

Original loan amount

$225,000

Est. remaining balance

Not provided

Interest rate

5.38%

Loan type

Credit Line (Revolving)

Seller

Gregorio F Lucio and Adela P Lucio

Lender

Santa Clara County Fcu

Loan start date

March 2004

Original loan amount

$147,637

Est. remaining balance

Not provided

Interest rate

5.72%

Loan type

Credit Line (Revolving)

Seller

Gregorio F Lucio and Adela P Lucio

Lender

Bank Of America Na

Loan start date

August 2003

Original loan amount

$525,000

Est. remaining balance

$257,442

Interest rate

5.52%

Loan type

Not Provided, 30 year

Seller

Gregorio F Lucio and Adela P Lucio

Lender

Bank Of America

Loan start date

March 1999

Original loan amount

$476,000

Est. remaining balance

$150,556

Interest rate

6.78%

Loan type

Not Provided, 30 year

Seller

Gregorio F Lucio and Adela P Lucio

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 07/03/2024 at 10:20 PM

Listing updated: 06/14/2024 at 11:23 AM

Listed by: Demetrick Caballero, eXp Realty of California Inc Phone #: (831) 262-2900

MLS: BridgeMLS #ML81959775

BridgeMLS logo

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