NOT LISTED FOR SALE

Estimated Value: $1,281,000 - $2,255,000

2 Beds
2 Baths
1,062 Sq Ft
$1,756/Sq Ft Est. Value

Last Sold June 18, 2021

Last sale price $1,610,000 $1,516 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $11,090/month

About This Home

As of June 2021

Welcome to 229 Loma Alta, a well appointed Los Gatos charmer. Why live in an apartment when you can enjoy the peaceful Zen of 6500 sq ft of land, your own private garage, secure parking, safety and the security of a home with ZERO noise from neighbors on the other side of a shared wall to the side, above or below? Just a 5 minute drive or brisk 21 minute walk to down town Los Gatos foodie spot, 20-30 minute drive to most Silicon Valley employers or 25 minutes to the beach. Enjoy the oversized, sunlit, gleaming hardwood floor living room featuring a cozy fireplace for those cool Autumn evenings. Open the French doors and relax on your own private porch, waive to the neighbors walking by. Cherrywood shaker cabinets, granite counters, laminate wood flooring, newer appliances and an eat in kitchen offer a cozy option to dinners out at Santana Row, downtown Los Gatos, Campbell or San Jose on those nights you simply want to come home and let your hair down.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 23, 2022
Sold by
Zhuo Huan Le and Livi Yan
Bought by
Huan Le Zhuo And Yan Tang Revocable Living Tr
Current Estimated Value
$1,865,253

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$795,921
Interest Rate
5.54%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
May 6, 2021
Closed on
Jun 17, 2021
Sold by
Takeo Tsutsumi Raymond
Bought by
Raymond T Tsutsumi 2004 Trust
Seller's Agent
Felix Enow
Intero Real Estate Services
Buyer's Agent
Felix Enow
Intero Real Estate Services
List Price
$1,249,000
Sold Price
$1,610,000
Premium/Discount to List
$361,000
28.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.80%
Original Mortgage
$410,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 6, 2021
Closed on
Jun 14, 2021
Sold by
Tsutsumi Glenn R and Raymond T Tsutsumi 2004 Trust
Bought by
Zhuo Huan and Tang Yan
Seller's Agent
Felix Enow
Intero Real Estate Services
Buyer's Agent
Felix Enow
Intero Real Estate Services
List Price
$1,249,000
Sold Price
$1,610,000
Premium/Discount to List
$361,000
28.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 15, 2004
Sold by
Tsutsumi Raymond T
Bought by
Tsutsumi Raymond T

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
Huan Le Zhuo And Yan Tang Revocable Living Tr -- Orange Coast Title
Raymond T Tsutsumi 2004 Trust -- --
Zhuo Huan $1,610,000 Orange Coast Ttl Co Of Nocal
Raymond T Tsutsumi 2004 Trust -- --
Tsutsumi Raymond T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Huan Le Zhuo And Yan Tang Revocable Living Tr $795,921
Previous Owner Zhuo Huan $410,000
Previous Owner Tsutsumi Raymond T $907,024
Previous Owner Tsutsumi Raymond T $904,240
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2023 11/02/23 Rented $3,595 -0.1% --
09/30/2023 09/30/23 For Rent $3,599 +0.1% --
08/26/2021 08/26/21 Rented $3,595 0.0% --
08/25/2021 08/25/21 Under Contract -- -- --
08/08/2021 08/08/21 For Rent $3,595 0.0% --
06/18/2021 06/18/21 Sold $1,610,000 +28.9% $1,516 / Sq Ft
05/13/2021 05/13/21 Pending -- -- --
05/06/2021 05/06/21 For Sale $1,249,000 -- $1,176 / Sq Ft

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 $7,792 $576,918 $319,340 $257,578
2023 $7,608 $565,607 $313,079 $252,528
2022 $7,568 $554,518 $306,941 $247,577
2021 $1,623 $74,860 $27,079 $47,781
2020 $1,569 $74,094 $26,802 $47,292
2019 $1,527 $72,642 $26,277 $46,365
2018 $1,482 $71,218 $25,762 $45,456
2017 $1,448 $69,822 $25,257 $44,565
2016 $1,372 $68,454 $24,762 $43,692
2015 $1,324 $67,427 $24,391 $43,036
2014 $1,273 $66,107 $23,914 $42,193
Source: Public Records

Agents Affiliated with this Home

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