1 month on rocket

Sale Pending

188 Lewis St, Gilroy, CA, 95020

$949,000

Home List Price

$10,000*

Closing Credit

0 Baths
1,419 SqFt
$669/SqFt
Multi
Schools Nearby

Location

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188 Lewis St, Gilroy$949,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingCarport, Off Site, Off Street
Year Built1900
HeatingWall Furnace
CoolingNone
MLS #ML81957583
Lot Size0.15 Acres
StatusSale Pending
(Pending)

About 188 Lewis St

Great investment opportunity to live in one unit and rent the other. Originally a single-family dwelling, this corner lot property was legally converted into a duplex and renovated in 2017. It now offers two distinct units: 188 Lewis St and 7581 Alexander, each featuring 2 bedrooms and 1 bathroom. One unit is currently vacant (newly painted interior/new flooring throughout) while the other is leased to a reliable long-term tenant on a month-to-month basis, providing instant rental income. Conveniently located within walking distance of downtown Gilroy's shops and restaurants, each unit is approximately 700 sqft and includes separate utilities, a 2-car metal carport with individual storage closets, and in-unit washer/dryer facilities. Rare R3 mixed-use residential and multi-family residential zoning makes this property a great opportunity for investors and homeowners.

Property Details

Property Features

Property Information:

  • Year Built: 1900
  • Stories: 1
  • Living Area: 1,419 SqFt

Listing Office:

  • Office Name: Redfin
  • Office Phone: (877) 973-3346
  • Listing Agent: Liliana Sandoval

Exterior Features

Parking Information:

  • Parking: Carport, Off Site, Off Street

Lot Features

Lot Information:

  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: None

Price Information

Listing Price Info

Price Summary:

  • List Price: $949,000
  • Price Per SqFt: $669/SqFt

Tax Information:

  • Annual Amount: $9,203
  • 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

$521

Avg. Days On Market

21

# of Sold Homes

27

188 Lewis St vs Gilroy

44 DAYS ON ROCKET

+23 Days

$949,000

-$100.8K Less

$669/SqFt

+$147 More

KEY TAKEAWAY

This property is $100.8K less than the Median Sold Price and $147/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: #ML81957583

Listing Office:

  • Office Name: Redfin
  • Office Phone: (877) 973-3346
  • Listing Agent: Liliana Sandoval

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: 4/28/2024, 9:25:18 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

Jul 20, 2017Home Sold
$690,000

Tax History

YEARPROP. TAXASSESSMENT
2021$9,203$725,312
2020$9,203$717,876
2019$8,512$703,800
2018$8,513$690,000
2017$384$20,644

History based on county public records data.

Payment Calculator

$4,804

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,912

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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-2109874
4
/10

  • Eliot Elementary School

  • 475 Old Gilroy St

  • 0.41 miles

  • Public District Grades KG-5

school-card-donut-2109875
2
/10

  • Glen View Elementary School

  • 600 W 8th St

  • 0.73 miles

  • Public District Grades KG-5

school-card-donut-2109876
4
/10

  • El Roble Elementary School

  • 930 3rd St

  • 0.99 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 $30,900. Typical income of Gilroy, CA residents is less than $35k annually. Typical family type is married, with kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Santa Clara County›Gilroy›95020›188 Lewis St

This home is located at 188 Lewis St in Gilroy, CA and zip code 95020 in the Downtown Gilroy neighborhood. This 1,419 square foot home, which was built in 1900, sits on a 0.15 acre lot. It has been listed on Rocket Homes since March 15, 2024 and is currently priced at $949,000.

In March 2024, from all listings sold in Gilroy, CA there were more than 14 sold above asking price, over 8 sold below and more than 5 were sold right at the asked price. The number of homes for sale in Gilroy, CA increased by 15.6% between February 2024 and March 2024. The median list price of listings available in March 2024 was $1,049,888, while the average time on the real estate market was 21 days.

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

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