248 University Ave Los Gatos, CA 95030
West Los Gatos NeighborhoodEstimated payment $16,676/month
Total Views
381
3
Beds
2.5
Baths
1,940
Sq Ft
$1,495
Price per Sq Ft
Highlights
- Primary Bedroom Suite
- Wood Flooring
- Den
- Daves Avenue Elementary School Rated A
- Quartz Countertops
- Breakfast Area or Nook
About This Home
A Timeless Offering in the Heart of Downtown Los Gatos. Set along one of the most treasured streets in Los Gatos, University Ave offers a rare chance to own a legacy trophy home in the historic University/Edelen District. Just steps from vibrant downtown, yet tucked into a peaceful, tree-lined enclave, this residence offers a rare balance of privacy and connection. Lovingly held by the same family for over three decades, the home blends classic charm with refined, modern comfort. Light pours into thoughtfully updated interiors, including a custom-renovated kitchen and baths, hardwood floors, and a dedicated home office designed for flexibility. French doors lead to a private patio and a serene backyard, offering indoor-outdoor living perfect for entertaining or a quiet retreat. The location completes the entertainers lifestyle, with award-winning schools, Michelin-caliber dining, boutique shops, a farmers market, and the trendy downtown all just around the corner. Hiking and biking trails, parks, and recreational activities are within easy reach. A detached two-car garage, inviting curb appeal, and an address within one of the town's most historic neighborhoods, this is more than a home. Its an heirloom, a lifestyle, and a rare opportunity in Los Gatos and Silicon Valley.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,505
Year Built
- Built in 1990
Lot Details
- 5,062 Sq Ft Lot
- Zoning described as C2
Parking
- 2 Car Detached Garage
- Electric Vehicle Home Charger
Home Design
- Shingle Roof
Interior Spaces
- 1,940 Sq Ft Home
- 2-Story Property
- Skylights
- Garden Windows
- Living Room with Fireplace
- Formal Dining Room
- Den
- Crawl Space
Kitchen
- Breakfast Area or Nook
- Open to Family Room
- Gas Oven
- Range Hood
- Microwave
- Dishwasher
- Quartz Countertops
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom Suite
- Walk-In Closet
Laundry
- Laundry on upper level
- Washer and Dryer
Utilities
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 529-04-094
Map
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Home Values in the Area
Average Home Value in this Area
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 | $10,505 | $841,456 | $381,399 | $460,057 |
| 2024 | $10,505 | $824,958 | $373,921 | $451,037 |
| 2023 | $10,280 | $808,784 | $366,590 | $442,194 |
| 2022 | $10,220 | $792,926 | $359,402 | $433,524 |
| 2021 | $10,012 | $777,379 | $352,355 | $425,024 |
| 2020 | $9,823 | $769,409 | $348,743 | $420,666 |
| 2019 | $9,679 | $754,323 | $341,905 | $412,418 |
| 2018 | $9,533 | $739,533 | $335,201 | $404,332 |
| 2017 | $9,493 | $725,033 | $328,629 | $396,404 |
| 2016 | $9,230 | $710,818 | $322,186 | $388,632 |
| 2015 | $9,152 | $700,142 | $317,347 | $382,795 |
| 2014 | $8,999 | $686,428 | $311,131 | $375,297 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/21/2025 08/21/25 | For Sale | $2,899,999 | -- | $1,495 / Sq Ft |
Source: MLSListings
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | None Available | |
| Grant Deed | $175,000 | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $280,233 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $450,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $200,000 | Stand Alone Second | |
| Previous Owner | $300,000 | Stand Alone Second | |
| Previous Owner | $250,000 | Stand Alone Second | |
| Previous Owner | $245,000 | Unknown |
Source: Public Records
Similar Homes in Los Gatos, CA
Source: MLSListings
MLS Number: ML82017294
APN: 529-04-094
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