NOT LISTED FOR SALE

420 University Ave Los Gatos, CA 95032

West Los Gatos Neighborhood

Estimated Value: $3,042,000 - $3,542,000

4 Beds
3.5 Baths
2,757 Sq Ft
$1,177/Sq Ft Est. Value

Last Sold September 09, 2021

Last sale price $2,600,000 $943 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $19,655/month

7 Days on Market

Highlights

  • Vaulted Ceiling
  • Wood Flooring
  • Steam Shower
  • Daves Avenue Elementary School Rated A
  • Jetted Tub in Primary Bathroom
  • Formal Dining Room

About This Home

As of September 2021

Spacious Downtown Los Gatos home built in 1990. So close to all that Downtown Los Gatos has to offer. Open concept floorplan that includes a wonderful living room that is filled with brilliant natural light. Kitchen features stainless steel appliances, peninsula with breakfast bar seating. Abundant built-in cabinetry and crown/base molding throughout. Upper level includes a spacious master suite, an en-suite bedroom and a conveniently located laundry room. Master bedroom has soaring ceilings and views of the Los Gatos Mountains. Master bath includes a jetted tub and steam shower. Lower level has built-in office area. Downstairs media room has been used as a 4th bedroom and includes a large cedar lined walk-in closet. Large deck perfect for entertaining. Gas line for fire pit and BBQ. Inviting backyard area. Mature trees and landscaping. Detached two car garage. Steps away from dining, shopping & recreation. Desirable Los Gatos schools.

Last Agent to Sell the Property

Greg Simpson

KW Bay Area Estates License #01449209 Listed on: 08/05/2021

KW Bay Area Estates

Last Buyer's Agent

Maggie Rakow

Intero Real Estate Services License #01702656

Intero Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,668

Year Built

  • 1990

Lot Details

  • 5,471

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,757 Sq Ft Home
  • 3-Story Property
  • Vaulted Ceiling
  • Living Room with Fireplace
  • Formal Dining Room

Kitchen

  • Open to Family Room
  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Microwave

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Jetted Tub in Primary Bathroom
  • Steam Shower

Laundry

  • Laundry in unit
  • Washer and Dryer

Additional Features

  • 5,471 Sq Ft Lot
  • Forced Air Heating and Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,668

Year Built

1990

Lot Details

0

Parking

2

Listing Details

  • Zoning: R18
  • Subclass: Single Family Home
  • Age: 31
  • Listing Class: Residential
  • Structure Sq Ft: 2757
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1990

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Living Room
  • Dining Room: Formal Dining Room
  • Kitchen: Cooktop - Gas, Hood Over Range, Microwave, Oven - Gas, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 2757
  • Stories: 3
  • Laundry: Inside, Washer / Dryer
  • Flooring: Carpet, Hardwood, Tile
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Primary - Tub With Jets, Steam Shower

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Detached Garage, Off-Street Parking

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Vaulted Ceiling

Schools

  • School District: Los Gatos-Saratoga Joint Union High
  • Elementary School: Daves Avenue Elementary
  • Middle School: Raymond J. Fisher Middle
  • High School: Los Gatos High
  • High School: 262
  • Elementary School: 140
  • Middle School: 141

Lot Info

  • Lot Acres: 0.1256
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5470.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5470.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2021
Closed on
Aug 18, 2021
Sold by
Greenwald Jeffrey and Greenwald Emily Jo
Bought by
Carlton Alan Gerald and Carlton Paula Ann
Seller's Agent
Greg Simpson
KW Bay Area Estates
Buyer's Agent
Maggie Rakow
Intero Real Estate Services
List Price
$2,498,000
Sold Price
$2,600,000
Premium/Discount to List
$102,000
4.08%
Current Estimated Value
$3,244,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$644,492
Avg. Annual Appreciation
5.49%
Original Mortgage
$1,000,000
Outstanding Balance
$907,940
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$2,336,552

Purchase Details

Listed on
Sep 11, 2018
Closed on
Jan 23, 2019
Sold by
Gordon Adam R and Herbert Karen J
Bought by
Greenwald Jeffrey and Greenwald Emily Jo Hudspeth
Seller's Agent
Rick Smith
Windermere Silicon Valley
Buyer's Agent
Greg Simpson
KW Bay Area Estates
List Price
$2,695,000
Sold Price
$2,150,000
Premium/Discount to List
-$545,000
-20.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.55%
Original Mortgage
$1,720,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 2, 2013
Sold by
Hebert Karen J
Bought by
Gordon Adam R and Hebert Karen J

Purchase Details

Closed on
Apr 26, 2004
Sold by
Murphy John J and Fagan Murphy Nancy
Bought by
Hebert Paul A and Hebert Karen J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
3.57%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Aug 15, 2002
Sold by
Murphy John J
Bought by
Murphy John J and Fagan Murphy Nancy

Purchase Details

Closed on
May 2, 2002
Sold by
Razvi Syed A
Bought by
Murphy John J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,500
Interest Rate
5.87%

Purchase Details

Closed on
Mar 15, 2001
Sold by
Harris Nick S and Harris Aline S
Bought by
Harris Nick S and Harris Aline S

Purchase Details

Closed on
May 3, 2000
Sold by
Harris Nick S and Harris Aline S
Bought by
Razvi Syed A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$993,750
Interest Rate
8.25%
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
Carlton Alan Gerald $2,600,000 Chicago Title Company
Greenwald Jeffrey $2,150,000 Chicago Title Co
Gordon Adam R -- None Available
Hebert Karen J -- None Available
Hebert Paul A $1,225,000 First American Title Company
Murphy John J -- --
Murphy John J $1,150,000 Fidelity National Title Co
Harris Nick S -- --
Razvi Syed A $1,325,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carlton Alan Gerald $1,000,000
Previous Owner Greenwald Jeffrey $1,720,000
Previous Owner Hebert Paul A $700,000
Previous Owner Murphy John J $492,500
Previous Owner Razvi Syed A $993,750
Closed Murphy John J $6,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/09/2021 09/09/21 Sold $2,600,000 +4.1% $943 / Sq Ft
08/12/2021 08/12/21 Pending -- -- --
08/05/2021 08/05/21 For Sale $2,498,000 +16.2% $906 / Sq Ft
01/31/2019 01/31/19 Sold $2,150,000 0.0% $780 / Sq Ft View Prior Sale
12/24/2018 12/24/18 Pending -- -- --
12/17/2018 12/17/18 Off Market $2,150,000 -- --
11/27/2018 11/27/18 Price Changed $2,299,000 -6.8% $834 / Sq Ft
10/29/2018 10/29/18 Price Changed $2,468,000 -5.0% $895 / Sq Ft
10/12/2018 10/12/18 Price Changed $2,599,000 -3.6% $943 / Sq Ft
09/11/2018 09/11/18 For Sale $2,695,000 -- $978 / 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 $31,668 $2,759,140 $2,207,312 $551,828
2024 $31,668 $2,705,040 $2,164,032 $541,008
2023 $31,128 $2,652,000 $2,121,600 $530,400
2022 $30,924 $2,600,000 $2,080,000 $520,000
2021 $26,594 $2,215,718 $1,648,907 $566,811
2020 $26,127 $2,193,000 $1,632,000 $561,000
2019 $13,310 $1,069,176 $534,588 $534,588
2018 $13,118 $1,048,212 $524,106 $524,106
2017 $13,075 $1,027,660 $513,830 $513,830
2016 $12,726 $1,007,510 $503,755 $503,755
2015 $12,633 $992,378 $496,189 $496,189
2014 $12,433 $972,940 $486,470 $486,470
Source: Public Records

Agents Affiliated with this Home

  • Greg Simpson

    Seller's Agent in 2021

    Greg Simpson

    KW Bay Area Estates

    (408) 560-9017

    17 in this area

    89 Total Sales

    Greg Simpson
    Section Image
  • Maggie Rakow

    Buyer's Agent in 2021

    Maggie Rakow

    Intero Real Estate Services

    (408) 859-9549

    1 in this area

    28 Total Sales

    Maggie Rakow
    Section Image

  • R

    Seller's Agent in 2019

    Rick Smith

    Windermere Silicon Valley

See All Agents

Map

Source: MLSListings

MLS Number: ML81851742

MLSListings

APN: 529-06-067

California Santa Clara County Los Gatos 95030 West Los Gatos

420 University Ave, Los Gatos, CA

This home is located at 420 University Ave, Los Gatos, CA 95032 since 05 August 2021 and is currently estimated at $3,244,492, approximately $1,176 per square foot. This property was built in 1990. 420 University Ave is a home located in Santa Clara County with nearby schools including Daves Avenue Elementary School, Loma Prieta Elementary School, and Raymond J. Fisher Middle School.

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