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7720 Rea St, Gilroy, CA, 95020

$995,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
1 Full Bath
1,429 SqFt
$696/SqFt
House

Location

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7720 Rea St, Gilroy$995,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingCovered, Carport
Year Built1950
HeatingBaseboard, Fireplace(s), Wall Furnace
FireplaceLiving Room
ViewNeighborhood
MLS #ML81985791
Lot Size0.16 Acres
StatusActive

About 7720 Rea St

Welcome to your charming oasis in the heart of Gilroy, California! This delightful two-bedroom, one-bathroom home offers a perfect blend of comfort and convenience. Enjoy the possibilities of alley access to an additional unpermitted bedroom, bathroom, living area and kitchen with private parking. Nestled on a spacious 6,900 square foot lot, this property boasts engineered hardwood flooring throughout, adding a touch of elegance to every room. Step into the large living room, where a cozy fireplace invites you to unwind after a long day. The front patio area, enclosed within a private yard, provides a serene space for morning coffee or evening relaxation. The gated alley access leads to a rear private living area, featuring an additional (unpermitted) bedroom, bathroom, living area, and kitchen, ideal for guests or a potential rental opportunity. Located in an established neighborhood, this home is just moments away from schools and shopping, making it the perfect choice for everyone. Dont miss the chance to make this warm and inviting home your own!

Property Details

Property Features

Property Information:

  • Year Built: 1950
  • Stories: 2
  • Living Area: 1,429 SqFt

Listing Office:

  • Office Name: Hollister Realty
  • Office Phone: (831) 636-8700
  • Listing Agent: Richard Weber

Interior Features

Interior Information:

  • Appliances: Double Oven, Dishwasher, Disposal, Refrigerator, Range Hood, Vented Exhaust Fan
  • Flooring Type: Tile, Wood
  • Interior: Loft, Walk-In Closet(s)
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: Neighborhood

Parking Information:

  • Attached Garage: No
  • Parking: Covered, Carport

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Fireplace(s), Wall Furnace

Other

Directions Information:

  • Directions: Cross Street: 3rd Street

Price Information

Listing Price Info

Price Summary:

  • List Price: $995,000
  • Price Per SqFt: $696/SqFt

Tax Information:

  • Annual Amount: $5,930
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Gilroy, CA.

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Gilroy, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$536

Avg. Days On Market

25

# of Sold Homes

33

7720 Rea St vs Gilroy

7 DAYS ON ROCKET

-18 Days

$995,000

-$84.2K Less

$696/SqFt

+$160 More

KEY TAKEAWAY

This property is $84.2K less than the Median Sold Price and $160/SqFt more than other homes in Gilroy, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #ML81985791

Listing Office:

  • Office Name: Hollister Realty
  • Office Phone: (831) 636-8700
  • Listing Agent: Richard Weber

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/13/2024, 1:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 12, 1989Home Sold
$277,000

Tax History

YEARPROP. TAXASSESSMENT
2021$5,930$470,789
2020$5,929$465,962
2019$5,484$456,826
2018$5,484$447,870
2017$5,597$439,089

History based on county public records data.

Payment Calculator

$5,034

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,050

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-289610
3
/10

  • El Roble Elementary School

  • 930 3rd St

  • 0.31 miles

  • Public District Grades KG-5

school-card-donut-289611
4
/10

  • Glen View Elementary School

  • 600 E 8th St

  • 0.68 miles

  • Public District Grades KG-5

school-card-donut-289612
6
/10

  • Rod Kelley Elementary School

  • 8755 Kern Ave

  • 1.04 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $77,660. Typical income of Gilroy, CA residents is between $35k-100k annually. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7720 Rea St

What is the listing price of this property?

The listing price of 7720 Rea St property is $995,000.

What type of property is this?

The property 7720 Rea St is a house located in Gilroy, California, 95020.

Is this property for sale now?

Active Listing: 7720 Rea St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $5,930 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on October 12, 1989 for $277,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 7720 Rea St has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 7720 Rea St is 1,429 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7720 Rea St is 1950.

Rocket Homes›California›Santa Clara County›Gilroy›95020›7720 Rea St

This home is located at 7720 Rea St in Gilroy, CA and zip code 95020 in the Jas A. Clayton neighborhood. This 1,429 square foot home, which was built in 1950, sits on a 0.16 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 06, 2024 and is currently priced at $995,000.

While more than 15 listings in Gilroy, CA in October 2024 were sold above asking price, there were more than 8 listings sold at asking price, and more than 9 were sold below. In October 2024 in Gilroy, CA there were 22.5% more homes for sale than in September 2024. In October 2024 median list price was $1,079,250 and the average listing age was 25 days.

From Rocket Homes Real Estate and based on county public records data.

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