NOT LISTED FOR SALE

Estimated Value: $656,000 - $1,033,000

1 Bed
1 Bath
567 Sq Ft
915 Sq Ft Lot

Last Sold June 24, 2014

Last sale price $490,000 $864 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $5,548/month

11 Days on Market

Highlights

  • Unit is on the top floor
  • Primary Bedroom Suite
  • Living Room with Fireplace
  • Daves Avenue Elementary School Rated A
  • Mountain View
  • 1-minute walk to Town Plaza Park

About This Home

As of June 2014

Desirable Downtown location.Right in the heart of everything Los Gatos,Jazz on the Plazz, Farmers Market just downstairs.Conveniently located above LeBoulanger and Posh Bagel.Enjoy the smells of fresh baked bread and freshly brewed coffee every morning.Beautiful “one of a kind” Condo.1Bed 1Bath, High Ceilings and Tons of Natural Light.Secure Building W Elevator. Los Gatos Schools! Xlnt Investment!

Last Agent to Sell the Property

Don Perry

Coldwell Banker Realty License #00613226 Listed on: 05/29/2014

Coldwell Banker Realty

Last Buyer's Agent

Carol Abela

Coldwell Banker Realty License #01345357

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,747

Year Built

  • Built in 1994

Lot Details

  • 915

Parking

  • No Garage

Home Design

  • Composition Roof

Interior Spaces

  • 567 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Gas Log Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Wood Flooring
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • Primary Bedroom Suite
  • 1 Full Bathroom

Home Security

Location

  • Unit is on the top floor

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 529-01-035

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include hot water, management fee, roof, water, common area electricity, common area gas, garbage, insurance - common area
  • 6 Units
  • Massingham Association
  • Built by Montebello Terrace

Amenities

  • Common Utility Room
  • Elevator

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,747

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Subclass: Condominium
  • Age: 20
  • Sale Price Per Sq Ft: 864.20
  • Listing Class: Residential
  • Maximum Unit Floor Number: 2
  • Maximum Unit Levels: 1
  • Max Numberof Unitsin Building: 10
  • Max Numberof Unitsin Complex: 6
  • Min Numberof Unitsin Complex: 6
  • Structure Sq Ft: 567
  • Complex Name: Montebello Terrace
  • Incorporated: Yes
  • Year Built: 1994
  • Zoning Description: R1B6
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room, No Separate Family Room
  • Fireplace: Living Room, Yes, Gas Log
  • Dining Room: Dining Area in Living Room, Eat in Kitchen
  • Kitchen: Dishwasher, Garbage Disposal, Refrigerator, Oven Range, Microwave, Hookups - Gas
  • Living Sq Ft: 567
  • Stories: 1
  • Security: Fire System - Sprinkler
  • Bedrooms: Primary Suite / Retreat
  • Laundry: Laundry Facility - Free
  • Flooring: Hardwood
  • Maximum Bathrooms: 1
  • Maximum Numberof Bedrooms: 1
  • Minimum Bathrooms: 1
  • Minimum Numberof Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Bathroom: Tubs - 1, No Stall Shower

Exterior Features

  • Roof: Composition
  • View: Mountains

Garage/Parking

  • Garage Parking Features: No Garage, No Parking

Utilities

  • Cooling System: Central AC
  • Heating System: Gas - Natural, Forced Air, Gas

Condo/Co-op/Association

  • HOA Fees: 504
  • HOA Amenities: Common Utility Room, Elevator
  • HOA Documents: Articles of Incorporation, Bylaws
  • Association Fees Include: Hot Water, Management Fee, Roof, Water, Common Area Electricity, Common Area Gas, Garbage, Insurance - Common Area
  • H O A Name Text: Massingham
  • Levels In Unit: 1
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Double Pane Windows(s), High Ceiling

Schools

  • School District: Los Gatos-Saratoga Joint Union High
  • Elementary School: Daves Avenue Elementary
  • Middle School: Raymond J. Fisher Middle
  • High School: Los Gatos High
  • High School: 262
  • Elementary School: 140
  • Middle School: 141

Lot Info

  • Parcel Number: 529-01-035
  • List Price per Sq Ft: 880.07
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 892.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 892.00
  • Lot Size Area Min Search: 892.00
  • Maximum Lot Size: 892.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Green Features

  • Energy Features: Double Pane Windows

Rental Info

  • Current Rent: 2250

Multi Family

  • Maximum Building Height: 3
  • Minimum Building Height: 1
  • Unit Features: Top Floor or Penthouse

MLS Schools

  • High School District Text: Los Gatos-Saratoga Joint Union High
  • Elementary School Text: Daves Avenue Elementary
  • High School Text: Los Gatos High
  • Middle School Text: Raymond J. Fisher Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 24, 2020
Sold by
Garjaka Tiago Cerdoura and Garjaka Karla Patricia
Bought by
Josifovski Vanja and Josifovska Milli
Current Estimated Value
$850,038

Purchase Details

Closed on
Feb 15, 2019
Sold by
Hwang Rachel P and Chang Jonathan
Bought by
Garjaka Tiago Cerdoura and Garjaka Karla Patricia C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 8, 2014
Sold by
Chang Si En
Bought by
Hwang Rachel P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,500
Interest Rate
2.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
May 29, 2014
Closed on
Jun 17, 2014
Sold by
Mannion Alice Margaret
Bought by
Hwang Rachel P and Chang Jonathan
Seller's Agent
Don Perry
Coldwell Banker Realty
Buyer's Agent
Carol Abela
Coldwell Banker Realty
List Price
$499,000
Sold Price
$490,000
Premium/Discount to List
-$9,000
-1.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.14%

Purchase Details

Closed on
Feb 22, 2007
Sold by
Hakimi Larijani Fatemeh and Hakimilarijani Fatemeh
Bought by
Mannion Alice Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,200
Interest Rate
6.23%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 17, 1998
Sold by
Cooke William F and Goss Darlene L
Bought by
Hakimilarijani Fatemeh

Purchase Details

Closed on
Nov 4, 1994
Sold by
Cooke William F
Bought by
Cooke William F and Goss Darlene L

Purchase Details

Closed on
Aug 29, 1994
Sold by
Wilson David S and Wilson Sandra W
Bought by
Cooke William F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,600
Interest Rate
8.7%
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
Josifovski Vanja $705,000 Cornerstone Title Company
Garjaka Tiago Cerdoura $560,000 Cornerstone Title Co
Hwang Rachel P -- Fidelity National Title Co
Hwang Rachel P -- Fidelity National Title Co
Hwang Rachel P $490,000 First American Title Company
Mannion Alice Margaret $508,000 Stewart Title Of Ca Inc
Hakimilarijani Fatemeh $255,000 American Title Co
Cooke William F -- Stewart Title
Cooke William F $159,500 First American Title Guarant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Garjaka Tiago Cerdoura $300,000
Previous Owner Hwang Rachel P $318,500
Previous Owner Mannion Alice Margaret $57,200
Previous Owner Mannion Alice Margaret $400,000
Previous Owner Hakimi Laridjani Fatemeh $100,000
Previous Owner Cooke William F $127,600
Closed Cooke William F $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2014 06/24/14 Sold $490,000 -1.8% $864 / Sq Ft
06/09/2014 06/09/14 Pending -- -- --
05/29/2014 05/29/14 For Sale $499,000 -- $880 / 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 $9,747 $755,898 $377,949 $377,949
2023 $9,534 $741,078 $370,539 $370,539
2022 $9,482 $726,548 $363,274 $363,274
2021 $9,287 $712,302 $356,151 $356,151
2020 $7,578 $571,200 $285,600 $285,600
2019 $7,216 $538,466 $269,233 $269,233
2018 $7,104 $527,908 $263,954 $263,954
2017 $7,068 $517,558 $258,779 $258,779
2016 $6,865 $507,410 $253,705 $253,705
2015 $6,798 $499,790 $249,895 $249,895
2014 $6,921 $517,000 $258,500 $258,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81418739

MLSListings

APN: 529-01-035