NOT LISTED FOR SALE

Estimated Value: $2,010,000 - $2,381,000

4 Beds
2 Baths
1,431 Sq Ft
$1,589/Sq Ft Est. Value

About This Home

This home is located at 228 Gregg Dr, Los Gatos, CA 95032 and is currently estimated at $2,273,899, approximately $1,589 per square foot. 228 Gregg Dr is a home located in Santa Clara County with nearby schools including Alta Vista Elementary School, Union Middle School, and Leigh High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2016
Sold by
Merkel Jay and Merkel Lisa
Bought by
Merkel Jay Scott and Merkel Lisa Pauline
Current Estimated Value
$2,273,899

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$606,600
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 19, 1998
Sold by
Melnick Todd Lawrence and Freeman Helaine Beth
Bought by
Merkel Jay S and Merkel Lisa P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
7.06%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 26, 1997
Sold by
Christeson Joel and Christeson Nancy L
Bought by
Melnick Todd Lawrence and Freeman Helaine Beth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
10.5%

Purchase Details

Closed on
Jul 25, 1995
Sold by
Ervin June H
Bought by
Christeson Joel and Christeson Nancy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,250
Interest Rate
7.59%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Merkel Jay Scott -- First American Title Company
Merkel Jay S $415,000 All Cal Title Company
Melnick Todd Lawrence $360,000 North American Title Co
Christeson Joel $255,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merkel Lisa Pauline $104,000
Open Merkel Jay Scott $573,000
Closed Merkel Jay Scott $606,600
Closed Merkel Jay $396,000
Closed Merkel Jay $50,000
Closed Merkel Jay $456,000
Previous Owner Merkel Jay S $452,000
Previous Owner Merkel Jay S $116,000
Previous Owner Merkel Jay S $332,000
Previous Owner Melnick Todd Lawrence $324,000
Previous Owner Christeson Joel $242,250
Closed Merkel Jay S $62,200
Source: Public Records

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 $10,235 $752,722 $318,912 $433,810
2023 $10,067 $737,963 $312,659 $425,304
2022 $9,861 $723,494 $306,529 $416,965
2021 $9,685 $709,309 $300,519 $408,790
2020 $9,526 $702,037 $297,438 $404,599
2019 $9,335 $688,272 $291,606 $396,666
2018 $8,588 $630,778 $285,889 $344,889
2017 $7,727 $560,568 $280,284 $280,284
2016 $7,327 $549,578 $274,789 $274,789
2015 $7,174 $541,324 $270,662 $270,662
2014 $6,993 $530,722 $265,361 $265,361
Source: Public Records

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