NOT LISTED FOR SALE

Estimated Value: $945,519 - $1,106,000

2 Beds
1.5 Baths
1,040 Sq Ft
$480/mo HOA Fee

Last Sold December 30, 2021

Last sale price $1,010,000 $971 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $6,924/month

97 Days on Market

Highlights

  • Private Pool
  • Eat-In Kitchen
  • Separate Family Room
  • Louise Van Meter Elementary School Rated A
  • Guest Parking
  • Dogs and Cats Allowed

About This Home

As of December 2021

Price drop alert! Now is your chance to get a great price on a great place to live. Top schools. Have it all with plenty of outdoor access & world class dining in sought after town of Los Gatos. With all the hustle and bustle of a dynamic and picturesque community, you will find this quiet, peaceful, friendly small complex walkable to top-rated Los Gatos schools. Once you step inside the wrought iron front gate, you find yourself in a garden oasis complete with a sparkling pool. Remodeled kitchen with subway tiles, quartz countertops and stainless appliances Nicely updated bathrooms.Large upstairs bedrooms with views. Sun tunnel for plenty of natural light. A/C. Dedicated carport space connects directly to unit for ease carrying in groceries. Quaint private patio.Very easy walk to 4 food stores, Philz, Super Duper,Starbucks, and restaurants. Dues include water, sewer, and trash. Live the good life affordably! End the year with this fantastic investment opportunity!

Last Agent to Sell the Property

Angele Price

Compass License #01187585 Listed on: 09/17/2021

Compass

Last Buyer's Agent

Kay Casey

Referral Realty-BV License #01057889

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,161

Year Built

  • 1971

Lot Details

  • 653

HOA Fees

  • $480 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,040 Sq Ft Home
  • 2-Story Property
  • Separate Family Room
  • Vinyl Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • 1 Parking Space
  • 1 Carport Space
  • Guest Parking
  • Off-Street Parking

Pool

  • Private Pool

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Community Details

Overview

  • Association fees include insurance - earthquake, maintenance - exterior, management fee, pool spa or tennis, reserves, water, water / sewer
  • 26 Units
  • Placer Oaks Association

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,161

Year Built

1971

Lot Details

0

HOA Fees

$480 per month

Listing Details

  • Zoning: RM51
  • Subclass: Condominium
  • Restrictions: Pets - Cats Permitted, Pets - Dogs Permitted
  • Age: 50
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 26
  • Structure Sq Ft: 1040
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1971

Interior Features

  • Family Room: Separate Family Room
  • Dining Room: Eat In Kitchen
  • Living Sq Ft: 1040
  • Stories: 2
  • Flooring: Vinyl / Linoleum
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Yes
  • Roof: Composition
  • Pool: Community Facility

Garage/Parking

  • Parking Spaces: 1
  • Garage Parking Features: Covered Parking, Guest / Visitor Parking, Off-Street Parking
  • Carport Min: 1

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer Connected

Condo/Co-op/Association

  • Complex Name: Placer Oaks
  • HOA Fees: 480
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Insurance - Earthquake, Maintenance - Exterior, Management Fee, Pool, Spa, Or Tennis, Reserves, Water, Water / Sewer
  • HOA Exist: Yes
  • H O A Name Text: Placer Oaks

Schools

  • School District: Los Gatos-Saratoga Joint Union High
  • Elementary School: Louise Van Meter Elementary
  • Middle School: Raymond J. Fisher Middle
  • Elementary School: 143
  • Middle School: 141

Multi Family

  • Utilities: Public Utilities
  • Unit Features: Unit Faces Common Area

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 29, 2022
Sold by
Arnold Alexander Kern and Arnold Marian
Bought by
Lex Arnold Family Revocable Trust and Arnold
Current Estimated Value
$1,019,380

Purchase Details

Listed on
Sep 17, 2021
Closed on
Dec 28, 2021
Sold by
Tseng Hsien Yu and Lee Chia Chien
Bought by
Arnold Alexander Kem and Arnold Marian
Seller's Agent
Angele Price
Compass
Buyer's Agent
Kay Casey
Referral Realty-BV
List Price
$1,079,000
Sold Price
$1,010,000
Premium/Discount to List
-$69,000
-6.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.25%

Purchase Details

Listed on
Nov 29, 2017
Closed on
Dec 21, 2017
Sold by
Melnyk Dmytro
Bought by
Tseng Hsien Yu and Lee Chia Chien
Seller's Agent
Stacey Tomasello
Redfin
Buyer's Agent
Betty Gong
Green Valley Realty USA
List Price
$798,888
Sold Price
$940,000
Premium/Discount to List
$141,112
17.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.81%
Original Mortgage
$658,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 4, 2014
Closed on
Oct 2, 2014
Sold by
Melnyk Mariia
Bought by
Melnyk Dmytro
Seller's Agent
Russ Klein
KW Bay Area Estates
Buyer's Agent
Cindy Cockcroft
Compass
List Price
$599,000
Sold Price
$630,000
Premium/Discount to List
$31,000
5.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.23%
Original Mortgage
$94,400
Interest Rate
4.08%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Sep 4, 2014
Closed on
Sep 16, 2014
Sold by
Dallas Deborah A
Bought by
Melnyk Dmytro
Seller's Agent
Russ Klein
KW Bay Area Estates
Buyer's Agent
Cindy Cockcroft
Compass
List Price
$599,000
Sold Price
$630,000
Premium/Discount to List
$31,000
5.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,400
Interest Rate
4.08%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 17, 2013
Sold by
Dallas Deborah A
Bought by
Dallas Deborah A

Purchase Details

Closed on
May 25, 2006
Sold by
Driscoll Rene and Driscoll Paige
Bought by
Dallas Deborah A

Purchase Details

Closed on
May 13, 2005
Sold by
Ran Erik and Ran Lisa
Bought by
Driscoll Rene and Driscoll Paige

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,600
Interest Rate
5.72%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 28, 1995
Sold by
Jeffery Mark G and Jeffery Kathleen A
Bought by
Ran Erik and Ran Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,300
Interest Rate
7.88%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lex Arnold Family Revocable Trust -- None Listed On Document
Arnold Alexander Kem $1,010,000 Fidelity National Title Co
Tseng Hsien Yu $940,000 Chicago Title Co
Melnyk Dmytro -- Old Republic Title Company
Melnyk Dmytro $630,000 Old Republic Title Agency
Dallas Deborah A -- None Available
Dallas Deborah A $555,000 Old Republic Title Company
Driscoll Rene $507,000 Chicago Title
Ran Erik $174,000 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tseng Hsien Yu $634,334
Previous Owner Tseng Hsien Yu $658,000
Previous Owner Melnyk Dmytro $100,000
Previous Owner Melnyk Dmytro $94,400
Previous Owner Melnyk Dmytro $472,500
Previous Owner Driscoll Rene $100,600
Previous Owner Driscoll Rene $402,400
Previous Owner Ran Erik $250,000
Previous Owner Ran Erik $152,000
Previous Owner Ran Erik $165,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2021 12/30/21 Sold $1,010,000 -0.5% $971 / Sq Ft
12/23/2021 12/23/21 Pending -- -- --
12/13/2021 12/13/21 Price Changed $1,015,000 -3.2% $976 / Sq Ft
10/14/2021 10/14/21 Price Changed $1,049,000 -2.8% $1,009 / Sq Ft
09/17/2021 09/17/21 For Sale $1,079,000 +14.8% $1,038 / Sq Ft
12/28/2017 12/28/17 Sold $940,000 +17.7% $904 / Sq Ft
12/07/2017 12/07/17 Pending -- -- --
11/29/2017 11/29/17 For Sale $798,888 +26.8% $768 / Sq Ft
10/08/2014 10/08/14 Sold $630,000 +5.2% $606 / Sq Ft
09/09/2014 09/09/14 Pending -- -- --
09/04/2014 09/04/14 For Sale $599,000 -- $576 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $12,161 $1,040,000 $520,000 $520,000
2024 $12,161 $970,000 $485,000 $485,000
2023 $11,675 $930,000 $465,000 $465,000
2022 $12,734 $1,010,000 $505,000 $505,000
2021 $12,390 $988,106 $494,053 $494,053
2020 $10,810 $977,976 $488,988 $488,988
2019 $11,988 $958,800 $479,400 $479,400
2018 $11,813 $940,000 $470,000 $470,000
2017 $8,586 $652,398 $326,199 $326,199
2016 $8,345 $639,606 $319,803 $319,803
2015 $8,270 $630,000 $315,000 $315,000
2014 $8,154 $618,707 $312,140 $306,567
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81862198

MLSListings

APN: 529-40-023