NOT LISTED FOR SALE

Estimated Value: $1,314,816 - $1,540,000

2 Beds
2 Baths
1,057 Sq Ft
1,045 Sq Ft Lot

Last Sold May 23, 2018

Last sale price $1,190,000 $1,126 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $9,313/month

86 Days on Market

Highlights

  • Unit is on the top floor
  • City Lights View
  • Mediterranean Architecture
  • Daves Avenue Elementary School Rated A
  • Wood Flooring
  • 1-minute walk to Town Plaza Park

About This Home

As of May 2018

New York style living in Los Gatos, Beautiful and unique 2 bedrooms 2 bath condo in the heart of Downtown Los Gatos. adjacent to the park for Jazz in the Plazz, Farmer's Market, Christmas parade, close to Los Gatos trails and Music in the park. This is the best unit in this complex.overlooks the park, Security Front door, Private elevator, High Ceilings, Viking gas stove, Large master bedroom with separate closet, Fireplace in living room, Tile and Hardwood floors,Storage closet on basement level. Walk to all your favorite Restaurants, Cafes and Boutique shops. Furniture is included with this property.

Last Agent to Sell the Property

John Tomovic

CBC Realty License #01219379 Listed on: 01/30/2018

Last Buyer's Agent

Gina Marciano

Coldwell Banker Realty License #01156361

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,831

Year Built

  • Built in 1994

Lot Details

  • End Unit
  • North Facing Home

Parking

  • No Garage

Property Views

  • City Lights
  • Mountain

Home Design

  • Mediterranean Architecture
  • Slab Foundation
  • Tar and Gravel Roof

Interior Spaces

  • 1,057 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Skylights in Kitchen
  • Gas Fireplace
  • Formal Dining Room
  • Intercom

Kitchen

  • Open to Family Room
  • Gas Cooktop
  • Microwave
  • Ceramic Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer

Location

  • Unit is on the top floor

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts

Listing and Financial Details

  • Assessor Parcel Number 529-01-033

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include exterior painting, garbage, insurance - common area, insurance - earthquake, insurance - liability, roof, water
  • Montebello Terrace Off Los Gatos Association

Additional Features

  • Laundry Facilities
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,831

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Subclass: Condominium
  • Style: Mediterranean
  • Age: 24
  • Listing Class: Residential
  • Max Numberof Unitsin Building: 6
  • Structure Sq Ft: 1057
  • Year Built: 1994
  • Zoning Description: R1B6
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Gas Burning
  • Dining Room: Formal Dining Room
  • Kitchen: 220 Volt Outlet, Cooktop - Gas, Countertop - Ceramic, Garbage Disposal, Microwave, Refrigerator, Skylight
  • Living Sq Ft: 1057
  • Stories: 1
  • Security: Fire System - Sprinkler, Security Building
  • Laundry: Community Facility, Washer / Dryer
  • Flooring: Hardwood, Tile
  • Additional Rooms: Laundry Room
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Shower over Tub - 1, Stall Shower
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Tar and Gravel
  • View: City Lights, Mountains
  • Property Faces: North

Garage/Parking

  • Garage Parking Features: No Garage, Parking Area

Utilities

  • Cooling System: Central AC
  • Heating System: Forced Air
  • Sewer/Septic System: Sewer Connected

Condo/Co-op/Association

  • HOA Fees: 688
  • HOA Documents: Articles of Incorporation, Budget, Bylaws, CC&RS, Rules & Regulations
  • Association Fees Include: Exterior Painting, Garbage, Insurance - Common Area, Insurance - Earthquake, Insurance - Liability, Roof, Water
  • H O A Name Text: MONTEBELLO TERRACE OFF LOS GATOS
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Walk-in Closet

Schools

  • School District: Los Gatos-Saratoga Joint Union High

Lot Info

  • Parcel Number: 529-01-033
  • Lot Acres: 0.0240
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1046.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1046.00

Multi Family

  • Maximum Building Height: 1
  • Minimum Building Height: 1
  • Unit Features: Corner Unit, End Unit, Top Floor or Penthouse, Unit Faces Street

MLS Schools

  • High School District Text: Los Gatos-Saratoga Joint Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2018
Closed on
May 17, 2018
Sold by
Breidenthal John and The Dvaid Breidenthal Living T
Bought by
Kelso Richard G and The Richard G Kelso Trust
Seller's Agent
John Tomovic
CBC Realty
Buyer's Agent
Gina Marciano
Coldwell Banker Realty
List Price
$1,200,000
Sold Price
$1,190,000
Premium/Discount to List
-$10,000
-0.83%
Current Estimated Value
$1,434,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,954
Avg. Annual Appreciation
2.68%

Purchase Details

Closed on
May 24, 2011
Sold by
Breidenthal David
Bought by
Montebello Terrace Of Los Gatos Resident

Purchase Details

Closed on
May 28, 2004
Sold by
Rocca Matt J and Rocca Kimberly A
Bought by
Breidenthal David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$556,800
Interest Rate
3.77%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jan 24, 2003
Sold by
Urban Scott T
Bought by
Rocca Matt J and Rocca Kimberly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,000
Interest Rate
5.97%

Purchase Details

Closed on
Oct 22, 1996
Sold by
Rodensky Michael W
Bought by
Urban Scott T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,750
Interest Rate
7.75%

Purchase Details

Closed on
Aug 29, 1994
Sold by
Wilson David S and Wilson Sandra W
Bought by
Rodensky Michael W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.6%
Source: Public Records

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Range of Values:

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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
Kelso Richard G $1,190,000 Chicago Title Co
Montebello Terrace Of Los Gatos Resident $24,634 First American Title Company
Breidenthal David $795,000 Stewart Title Of California
Rocca Matt J $658,000 North American Title Company
Urban Scott T $332,500 Old Republic Title Company
Rodensky Michael W $292,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Breidenthal David $556,800
Previous Owner Rocca Matt J $305,000
Previous Owner Urban Scott T $232,750
Previous Owner Rodensky Michael W $200,000
Closed Rodensky Michael W $22,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2018 05/23/18 Sold $1,190,000 -0.8% $1,126 / Sq Ft
04/27/2018 04/27/18 Pending -- -- --
01/30/2018 01/30/18 For Sale $1,200,000 -- $1,135 / 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
2024 $15,831 $1,327,466 $663,733 $663,733
2023 $15,872 $1,301,438 $650,719 $650,719
2022 $15,777 $1,275,920 $637,960 $637,960
2021 $15,496 $1,250,902 $625,451 $625,451
2020 $15,216 $1,238,076 $619,038 $619,038
2019 $15,005 $1,213,800 $606,900 $606,900
2018 $8,762 $670,724 $335,362 $335,362
2017 $8,725 $657,574 $328,787 $328,787
2016 $8,482 $644,682 $322,341 $322,341
2015 $7,694 $575,000 $434,000 $141,000
2014 $7,712 $576,000 $434,700 $141,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81690586

MLSListings

APN: 529-01-033