NOT LISTED FOR SALE

311 Johnson Ave Los Gatos, CA 95030

East Los Gatos Neighborhood

Estimated Value: $1,600,521 - $1,963,000

3 Beds
2 Baths
936 Sq Ft
$1,913/Sq Ft Est. Value

Last Sold June 07, 2024

Last sale price $1,712,300 $1,829 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $9,570/month

37 Days on Market

Highlights

  • Forced Air Heating System
  • Separate Family Room
  • 1-Story Property
  • Louise Van Meter Elementary School Rated A
  • Dining Area

About This Home

As of June 2024

OPEN HOUSE CANCELLED. Significant price reduction. Seller is motivated and this won't last. First time on the market since 1965...Nestled in one of the most desirable neighborhoods in the Town of Los Gatos, 311 Johnson Avenue is a two-bedroom one-bathroom home with Victorian charm and appeal. It features an approved, detached accessory dwelling unit (ADU), perfect for extended family or guests. Residents on Johnson Avenue enjoy easy access to the incredible downtown area with its dining, shopping, and entertainment. It is also near award-winning schools and beautiful parks and trails. The property presents an opportunity to either rent both dwellings for steady cash flow, entry-level ownership into a highly coveted neighborhood, or rebuild the home of your dreams and take advantage of the best that Los Gatos has to offer. (buyer to verify a rebuild with the town). PLEASE DO NOT DISTURB THE OCCUPANTS BY WALKING ON SITE. PROPERTY IS OCCUPIED.

Last Agent to Sell the Property

Carlos Azucena

Marcus & Millichap License #01738155 Listed on: 03/27/2024

Last Buyer's Agent

Diksha Arora

Alliance Bay Realty License #02098857

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,368

Year Built

  • Built in 1900

Lot Details

  • 5,118 Sq Ft Lot
  • Zoning described as R18

Home Design

  • Flat Roof Shape
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 936 Sq Ft Home
  • 1-Story Property
  • Separate Family Room
  • Dining Area

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • No Garage
  • On-Street Parking
  • Off-Street Parking

Utilities

  • Forced Air Heating System
  • Master Meter
  • Individual Gas Meter

Listing and Financial Details

  • Assessor Parcel Number 532-28-017

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,368

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 936
  • Incorporated: Yes
  • Year Built: 1900
  • Zoning Description: R18
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Dining Room: Dining Area
  • Living Sq Ft: 936
  • Stories: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Flat / Low Pitch, Shingle

Garage/Parking

  • Parking Spaces: 2
  • Garage Parking Features: No Garage, Off-Street Parking, On Street

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Schools

  • High School: 262

Lot Info

  • Parcel Number: 532-28-017
  • Lot Acres: 0.1175
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5120.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5120.00

Multi Family

  • Utilities: Individual Gas Meters, Master Meter

MLS Schools

  • High School District Text: Los Gatos-Saratoga Joint Union High
  • Elementary School Text: Louise Van Meter Elementary
  • High School Text: Los Gatos High
  • Middle School Text: Raymond J. Fisher Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2024
Closed on
Jun 4, 2024
Sold by
Keiser Norman F
Bought by
Reddy Abhay Karthik Rama and Biddala Nishita Reddy
Seller's Agent
Carlos Azucena
Marcus & Millichap
Buyer's Agent
Diksha Arora
Alliance Bay Realty
List Price
$1,898,000
Sold Price
$1,712,300
Premium/Discount to List
-$185,700
-9.78%
Views
64
Current Estimated Value
$1,790,630

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,330
Avg. Annual Appreciation
3.27%
Original Mortgage
$1,369,840
Outstanding Balance
$1,351,012
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$439,618

Purchase Details

Closed on
May 2, 1994
Sold by
Keiser Norman F
Bought by
Keiser Norman F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.84%
Source: Public Records

Range of Values:

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Average Value
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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
Reddy Abhay Karthik Rama $1,712,500 Fidelity National Title
Keiser Norman F -- Chicago Title Company
Keiser Norman F -- Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reddy Abhay Karthik Rama $1,369,840
Previous Owner Keiser Norman F $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/07/2024 06/07/24 Sold $1,712,300 +0.8% $1,829 / Sq Ft
05/04/2024 05/04/24 Pending -- -- --
04/26/2024 04/26/24 Price Changed $1,698,000 -10.5% $1,814 / Sq Ft
03/27/2024 03/27/24 For Sale $1,898,000 -- $2,028 / 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 $2,368 $62,542 $29,309 $33,233
2024 $2,368 $61,317 $28,735 $32,582
2023 $2,270 $60,116 $28,172 $31,944
2022 $2,270 $58,938 $27,620 $31,318
2021 $2,134 $57,783 $27,079 $30,704
2020 $2,046 $57,192 $26,802 $30,390
2019 $1,973 $56,072 $26,277 $29,795
2018 $1,901 $54,973 $25,762 $29,211
2017 $1,840 $53,896 $25,257 $28,639
2016 $1,750 $52,840 $24,762 $28,078
2015 $1,688 $52,048 $24,391 $27,657
2014 $1,626 $51,030 $23,914 $27,116
Source: Public Records

Agents Affiliated with this Home

  • Carlos Azucena

    Seller's Agent in 2024

    Carlos Azucena

    Marcus & Millichap

    (650) 391-1700

    1 in this area

    33 Total Sales

    Carlos Azucena
    Section Image

  • D

    Buyer's Agent in 2024

    Diksha Arora

    Alliance Bay Realty

See All Agents

Map

Source: MLSListings

MLS Number: ML81959177

MLSListings

APN: 532-28-017

California Santa Clara County Los Gatos 95030 East Los Gatos

311 Johnson Ave, Los Gatos, CA

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