NOT LISTED FOR SALE

340 Penn Way Los Gatos, CA 95032

East Los Gatos Neighborhood

Estimated Value: $2,378,000 - $2,650,708

3 Beds
2 Baths
1,819 Sq Ft
$1,401/Sq Ft Est. Value

Last Sold September 04, 2019

Last sale price $1,625,000 $893 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $15,381/month

16 Days on Market

Highlights

  • 1 Fireplace
  • Formal Dining Room
  • Breakfast Bar
  • Carlton Elementary School Rated A
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of September 2019

Beautifully remodeled home in a wonderful Los Gatos neighborhood with great schools and shopping nearby. Sitting on a 6300 sq ft. lot this 1819 sq ft. home is surrounded by plenty of foliage & fruit trees. Inside, the 3 bedrooms and 2 baths have been remodeled to perfection; plenty of living space for to host social gatherings, large kitchen flr plan, laminate flooring, all stainless steel appliances, giant skylight, and marble countertops/backsplash, plenty of room along with both dining rooms and a bonus room for family functions, plus office area. Spacious master bedroom has a large walk-in closet and a large walk-in shower. The backyard is accessible with three sliding glass doors. All windows are dual-paned. 2 + car garage has been fully enclosed with sheetrock. House has partial copper plumbing throughout and central heat & air-conditioning. New dimmable can lights and ceiling fans throughout the house. Cable and ethernet jacks are available in all rooms.

Last Agent to Sell the Property

Ryan Larocca

KW Bay Area Estates License #01967232 Listed on: 06/13/2019

KW Bay Area Estates

Last Buyer's Agent

Shanna Desai

Intero Real Estate Services License #01828662

Intero Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,402

Year Built

  • Built in 1960

Lot Details

  • 6,299 Sq Ft Lot
  • Zoning described as R18

Parking

  • 2 Car Attached Garage
  • On-Street Parking

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,819 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Separate Family Room
  • Formal Dining Room
  • Breakfast Bar

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 424-11-038

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,402

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 59
  • Listing Class: Residential
  • Structure Sq Ft: 1819
  • Year Built: 1960
  • Zoning Description: R18
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Dining Room: Dining Bar, Formal Dining Room
  • Living Sq Ft: 1819
  • Stories: 1
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, On Street

Utilities

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

Schools

  • School District: Campbell Union High
  • High School: Leigh High
  • High School: 240

Lot Info

  • Parcel Number: 424-11-038
  • Lot Acres: 0.1446
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6300.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6300.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Campbell Union High
  • High School Text: Leigh High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2019
Closed on
Aug 29, 2019
Sold by
Sanchez Robert
Bought by
Dittenhafer Daniel Webster and Dittenhafer Jennifer Lyn
Seller's Agent
Ryan Larocca
KW Bay Area Estates
Buyer's Agent
Shanna Desai
Intero Real Estate Services
List Price
$1,749,950
Sold Price
$1,625,000
Premium/Discount to List
-$124,950
-7.14%
Current Estimated Value
$2,548,927

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$923,927
Avg. Annual Appreciation
7.66%
Original Mortgage
$715,000
Outstanding Balance
$627,564
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$1,921,363

Purchase Details

Closed on
Feb 28, 2019
Sold by
Musselman Timothy P and Musselman Nancy J
Bought by
Sanchez Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,105,000
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 28, 2001
Sold by
Musselman Timothy P and Musselman Nancy J
Bought by
Musselman Timothy P and Musselman Nancy J
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
Dittenhafer Daniel Webster $1,625,000 Chicago Title
Sanchez Robert $1,300,000 Chicago Title Company
Musselman Timothy P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dittenhafer Daniel Webster $715,000
Previous Owner Sanchez Robert $1,105,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/04/2019 09/04/19 Sold $1,625,000 -7.1% $893 / Sq Ft
08/14/2019 08/14/19 Pending -- -- --
07/29/2019 07/29/19 For Sale $1,749,950 -- $962 / 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 $22,402 $1,777,169 $1,339,713 $437,456
2024 $22,402 $1,742,324 $1,313,445 $428,879
2023 $22,017 $1,708,162 $1,287,692 $420,470
2022 $21,523 $1,674,670 $1,262,444 $412,226
2021 $21,168 $1,641,835 $1,237,691 $404,144
2020 $20,853 $1,625,000 $1,225,000 $400,000
2019 $2,063 $107,642 $25,239 $82,403
2018 $2,003 $105,533 $24,745 $80,788
2017 $1,952 $103,464 $24,260 $79,204
2016 $1,834 $101,436 $23,785 $77,651
2015 $1,674 $99,913 $23,428 $76,485
2014 $1,609 $97,957 $22,970 $74,987
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2019

    Ryan Larocca

    KW Bay Area Estates

    Section Image

  • S

    Buyer's Agent in 2019

    Shanna Desai

    Intero Real Estate Services

    Section Image
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Map

Source: MLSListings

MLS Number: ML81762394

MLSListings

APN: 424-11-038

California Santa Clara County Los Gatos 95032 East Los Gatos

340 Penn Way, Los Gatos, CA

This home is located at 340 Penn Way, Los Gatos, CA 95032 since 13 June 2019 and is currently estimated at $2,548,927, approximately $1,401 per square foot. This property was built in 1960. 340 Penn Way is a home located in Santa Clara County with nearby schools including Carlton Elementary School, Union Middle School, and Leigh High School.

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