tomo logo

$1,475,000

Beds
4
Baths
3.0
sq ft
3,539

1465 Welburn Ave, Gilroy, CA 95020

1465 Welburn Ave

Gilroy, CA 95020

  • 69 days on market
    • Price drop $20,000↓
CUSTOM RESIDENCE W/ PANORAMIC VIEWS | Immerse yourself in the light-filled luxury of this custom home tucked into the hills above Gilroy. The airy floorplan presents formal and casual gathering areas alongside a sky-lit kitchen with granite countertops, dual ovens, and a walk-in pantry with wine cooler. Each bedroom is flexibly designed. Double doors reveal a vast primary suite with luxury bath, dual walk-in closets, and view patio. Outdoor retreats maximize the propertys valley views, and include a terraced backyard, mature fruit trees, and leisure decks ideal for entertaining. Enjoy hardwood floors, soaring ceilings, multiple fireplaces, graceful columns, and more. Located in the sought-after northwest pocket of Gilroy, the home is convenient to Highways 101 and 152, parks, golf, hiking, Gilroy Gardens, and shopping and dining in Downtown Gilroy. Near top schools like Luigi Aprea Elementary and Christopher High School (buyer to verify).

Details

Property type

Single Family Residence

Est. home value

$1,549,632

Lot size

0.3444 acres

Price per sq ft

$417

Year built

1991

HOA

No

Price History

11/12/2024
BridgeMLS

BridgeMLS #ML81980331

Price change
$1,475,000
-1.34%
10/17/2024
BridgeMLS

BridgeMLS #ML81980331

Price change
$1,495,000
-1.32%
09/13/2024
BridgeMLS

BridgeMLS #ML81980331

Listed
$1,515,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Gilroy Unified

Negotiation Insights

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

Seller could get up to

$1,056,245
Asking price
$1,475,000
Closing costs (~8% of asking)
-$118,000
Est. remaining loan balance
-$300,755
Cash to seller
$1,056,245

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

American Financial Resources Inc

Loan start date

June 2013

Original loan amount

$409,000

Est. remaining balance

$300,755

Interest rate

3.42%

Loan type

New Conventional, 30 year

Seller

Yuen Cjen Yong and Yeok Heng Yong

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: 11/22/2024 at 1:20 PM

Listing updated: 11/13/2024 at 2:25 AM

Listed by: Adrian Castillo, Real Brokerage Technologies Phone #: (408) 375-0523

MLS: BridgeMLS #ML81980331

BridgeMLS logo

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