NOT LISTED FOR SALE

Estimated Value: $3,603,000 - $3,934,269

0.2 Acre
$18,507,277 Price per Acre
8,782 Sq Ft Lot

Last Sold December 06, 2019

Last sale price $1,350,000 $1,223 Per Sq Ft

Est. 176% increase in value since last sale

Current estimated payment $22,338/month

202 Days on Market

About This Lot

As of December 2019

Incredible Development Opportunity In Prime Los Gatos! Fantastic Neighborhood Location Walking Distance to Fisher Middle School and Van Meter Elementary, Coffee Shops, Whole Foods, Vasona Park and Just Minutes to Downtown Los Gatos. Pending Site Plans For 2 Single Family Detached Homes Including One with an ADU Option. Property Was Previously Listed Together with Adjoining Property on George Street. Now Listed Separately.

Last Agent to Sell the Property

Tim O'Halloran

The O'Halloran Group License #01105570 Listed on: 04/17/2019

The O'Halloran Group

Last Buyer's Agent

Alexandra Celo-Cruz

Los Gatos Properties License #01482661

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $33,713

Lot Details

  • 8,782 Sq Ft Lot
  • Level Lot

Property Details

Property Type

Land

Est. Annual Taxes

$33,713

Lot Details

0

Listing Details

  • Zoning: R1
  • Subclass: Residential Development Land
  • Listing Class: Residential Lots & Land
  • Development Status: Site Plan Pending
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Sewer/Septic System: Sewer - Public

Schools

  • High School: 262

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.2016
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8780.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8780.00
  • Parcel Access: City Street

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2019
Closed on
Dec 5, 2019
Sold by
Kuehn Lauren L
Bought by
Alappat Antony Jayaraj and Moothedan Twinkle Jose
Seller's Agent
Tim O'Halloran
The O'Halloran Group
Buyer's Agent
Alexandra Celo-Cruz
Los Gatos Properties
List Price
$4,200,000
Sold Price
$1,350,000
Premium/Discount to List
-$2,850,000
-67.86%
Current Estimated Value
$3,731,067

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,381,067
Avg. Annual Appreciation
18.80%
Original Mortgage
$750,000
Outstanding Balance
$687,607
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$3,043,460

Purchase Details

Closed on
Nov 6, 2001
Sold by
Aguiar Angelo A and Aguiar Patti A
Bought by
Aguiar Angelo A and Aguiar Patricia Ann
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
Alappat Antony Jayaraj $1,350,000 Chicago Title Company
Aguiar Angelo A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alappat Antony Jayaraj $750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/06/2019 12/06/19 Sold $1,350,000 -67.9% $1,223 / Sq Ft
11/06/2019 11/06/19 Pending -- -- --
04/17/2019 04/17/19 For Sale $4,200,000 -- $3,804 / 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 $33,713 $2,944,483 $1,465,483 $1,479,000
2024 $33,713 $2,886,749 $1,436,749 $1,450,000
2023 $25,923 $2,184,839 $1,408,578 $776,261
2022 $16,463 $1,391,264 $1,380,959 $10,305
2021 $16,200 $1,363,985 $1,353,882 $10,103
2020 $16,091 $1,350,000 $1,340,000 $10,000
2019 $6,043 $467,624 $396,300 $71,324
2018 $6,282 $458,456 $388,530 $69,926
2017 $6,189 $449,467 $380,912 $68,555
2016 $5,963 $440,655 $373,444 $67,211
2015 $6,167 $434,037 $367,835 $66,202
2014 $6,719 $425,536 $360,630 $64,906
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81774354

MLSListings

APN: 529-18-046