$1,715,000
SOLD OCT 26, 2018
4 Beds
3 Baths
2,175 Sq Ft
0.3 Acres

Recently Sold

$789 Per Sq Ft

10% Below List Price

29 Days on Market

Highlights

  • Wood Flooring
  • Granite Countertops
  • Security Fence
  • Westmont High School Rated A
  • Ceiling Fan
  • 1-Story Property

About This Home

As of October 2018

Charming 1940's house plus 2 income units in Los Gatos on a huge 13,080 sf corner lot in quiet neighborhood across from Netfix HQ. 2 bd, 1 ba main house with spacious rooms, beautiful hardwood floors, fireplace in the living room, kitchen with granite and tile, separate dining nook, laundry room and basement. Two income units with separate address (588 Vasona). Numerous fruit trees. Large storage shed in back of lot . Collect the rent or build dream home! Close to downtown Los Gatos and downtown Campbell.

Last Agent to Sell the Property

Nevis and Ardizzone Team

Compass License #70010073 Listed on: 07/30/2018

Compass

Last Buyer's Agent

Jose Padilla

Compass License #01424564

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $23,959

Year Built

  • 1940

Lot Details

  • 0.3 Acre Lot
  • Security Fence

Home Design

  • Triplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,175 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Washer and Dryer Hookup

Kitchen

  • Gas Oven
  • Range Hood
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Parking

  • On-Street Parking
  • Off-Street Parking

Utilities

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

Community Details

  • 2,175 Sq Ft Building
  • 1 Leased Unit

Listing and Financial Details

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$23,959

Year Built

1940

Lot Details

0

Listing Details

  • Zoning: O
  • Subclass: Triplex
  • Age: 78
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2175
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1940

Interior Features

  • Kitchen: Countertop - Granite, Dishwasher, Hood Over Range, Oven Range - Gas, Pantry Cabinet, Refrigerator
  • Living Sq Ft: 2175
  • Stories: 1
  • Security: Security Fence
  • Laundry: Hookups Only
  • Flooring: Carpet, Hardwood, Tile

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition

Garage/Parking

  • Garage Parking Features: Off-Street Parking, On Street

Utilities

  • Cooling System: Ceiling Fan, Window / Wall Unit
  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Schools

  • School District: Campbell Union High

Lot Info

  • Lot Acres: 0.3047
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 13274.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 13274.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Number Of Leased: 1

Multi Family

  • Utilities: Individual Electric Meters, Public Utilities
  • Meters: Separate Electric
  • Number Of Buildings: 2
  • Operating Expenses Include: Services - Trash Removal, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 29, 2021
Sold by
Kiran Vallamdas Ravi and Kiran Priya Ashwini
Bought by
Ravi And Ashwini Revocable Trust
Current Estimated Value
$2,019,622

Purchase Details

Closed on
Mar 9, 2021
Sold by
Vallamdas Ravi Kiran and Kanna Ashwini Priya
Bought by
Vallamdas Ravi Kiran and Kanna Ashwini Priya

Purchase Details

Listed on
Aug 20, 2018
Closed on
Sep 26, 2018
Sold by
Hayes Phil and Hayes Edward Phillip
Bought by
Vallamdas Ravi Kiran and Kanna Ashwini Priya
Seller's Agent
Nevis and Ardizzone Team
Compass
Buyer's Agent
Jose Padilla
Compass
List Price
$1,900,000
Sold Price
$1,715,000
Premium/Discount to List
-$185,000
-9.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.95%
Original Mortgage
$1,366,428
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 17, 2018
Sold by
Hayes Hayes E Phil E Phil and Hayes Phi Hayes E
Bought by
Hayes Phil and Hayes Barbara Jean

Purchase Details

Closed on
Sep 25, 2003
Sold by
Hayes E Phil and Hayes Barbara Jean
Bought by
Hayes E Phil and Hayes Barbara Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 11, 1996
Sold by
Hayes E Phil and Hayes Barbara Jean
Bought by
Hayes E Phil and Hayes Barbara Jean
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 Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Interfamily Deed Transfer -- None Available
Grant Deed $1,715,000 Old Republic Title Co
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Title Company
Interfamily Deed Transfer -- Old Republic Title Company
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $300,000 Credit Line Revolving
Previous Owner $1,366,428 Adjustable Rate Mortgage/ARM
Previous Owner $255,000 Purchase Money Mortgage
Previous Owner $266,000 Unknown
Previous Owner $172,500 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2018 10/26/18 Sold $1,715,000 0.0% $1,495 / Sq Ft
10/26/2018 10/26/18 Sold $1,715,000 -9.7% $789 / Sq Ft
08/29/2018 08/29/18 Pending -- -- --
08/28/2018 08/28/18 Pending -- -- --
08/20/2018 08/20/18 For Sale $1,900,000 0.0% $1,656 / Sq Ft
07/30/2018 07/30/18 For Sale $1,900,000 -- $874 / 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 $23,959 $1,875,600 $1,678,745 $196,855
2023 $23,621 $1,838,825 $1,645,829 $192,996
2022 $23,399 $1,802,770 $1,613,558 $189,212
2021 $23,026 $1,767,422 $1,581,920 $185,502
2020 $22,556 $1,749,300 $1,565,700 $183,600
2019 $22,239 $1,715,000 $1,535,000 $180,000
2018 $4,992 $285,597 $94,594 $191,003
2017 $4,891 $279,998 $92,740 $187,258
2016 $4,381 $274,509 $90,922 $183,587
2015 $4,252 $270,387 $89,557 $180,830
2014 $4,040 $265,091 $87,803 $177,288
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81716848

MLSListings

APN: 406-32-004