NOT LISTED FOR SALE

441 University Ave Los Gatos, CA 95032

West Los Gatos Neighborhood

Estimated Value: $1,969,000 - $2,304,000

2 Beds
1 Bath
1,125 Sq Ft
$1,938/Sq Ft Est. Value

Last Sold April 16, 2021

Last sale price $1,750,000 $1,556 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $13,287/month

24 Days on Market

Highlights

  • Solid Surface Bathroom Countertops
  • Quartz Countertops
  • Storage Room
  • Daves Avenue Elementary School Rated A
  • Den
  • Bathroom on Main Level

About This Home

As of April 2021

HOSTED BUYER SHOWINGS SAT MARCH 6 FROM 2PM TO 4PM. THIS IS NOT A TRUE OPEN HOUSE AS BUYERS MUST SCHEDULE AN APPT. Move right into this cozy two bedroom, one bath home with detached studio in downtown Los Gatos with award winning schools. Or build the home of your dreams taking advantage of the very spacious lot. Secondary unit is perfect for an office or studio. Updated kitchen with beautiful quartz slab counters, tile backsplash, plenty of cabinetry with soft-close drawers and recessed lights. Stainless appliances include a new Frigidaire 4-burner gas range plus griddle, new vent hood and Whirlpool dishwasher. New flooring throughout, air conditioning, Navien tankless water heater and dual pane windows. Extensive backyard has plenty of room for an outdoor kitchen, firepit area, sports court. Existing horseshoe pit at the back of the property. Daves Elementary, Fisher Middle and Los Gatos High. This home is not in the Historical District.

Last Agent to Sell the Property

Therese Swan

Compass License #01355719 Listed on: 02/19/2021

Compass

Last Buyer's Agent

Stilla Raissi

Coldwell Banker Realty License #01720940

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,202

Year Built

  • 1900

Lot Details

  • 7,292 Sq Ft Lot
  • Wood Fence
  • Back Yard Fenced

Home Design

  • Composition Roof

Interior Spaces

  • 1,125 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Den
  • Storage Room
  • Laundry in Utility Room
  • Utility Room
  • Vinyl Flooring

Kitchen

  • Gas Oven
  • Dishwasher
  • Quartz Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Remodeled Bathroom
  • Bathroom on Main Level
  • 1 Full Bathroom
  • Solid Surface Bathroom Countertops
  • Walk-in Shower

Parking

  • 1 Parking Space
  • On-Street Parking

Utilities

  • Forced Air Heating and Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,202

Year Built

1900

Lot Details

0

Listing Details

  • Zoning: R-1D
  • Subclass: Single Family Home
  • Age: 121
  • Listing Class: Residential
  • Structure Sq Ft: 1125
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1900

Interior Features

  • Dining Room: Dining Area In Living Room, No Formal Dining Room
  • Kitchen: Countertop - Quartz, Dishwasher, Oven Range - Gas
  • Living Sq Ft: 1125
  • Stories: 1
  • Bedrooms: Ground Floor Bedroom
  • Laundry: In Utility Room
  • Flooring: Vinyl / Linoleum
  • Additional Rooms: Den / Study / Office, Storage, Utility Room
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Full On Ground Floor, Solid Surface, Stall Shower, Updated Bath

Exterior Features

  • Roof: Composition
  • Fencing: Fenced Back, Wood

Garage/Parking

  • Parking Spaces: 1
  • Garage Parking Features: On Street, Parking Area

Utilities

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

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 Description: Regular
  • Lot Acres: 0.1674
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7294.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7294.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2021
Closed on
Apr 1, 2021
Sold by
Panchal Vinay and Panchal Panna
Bought by
Davoodi Mehdi and Bashi Melika
Seller's Agent
Therese Swan
Compass
Buyer's Agent
Stilla Raissi
Coldwell Banker Realty
List Price
$1,799,000
Sold Price
$1,750,000
Premium/Discount to List
-$49,000
-2.72%
Current Estimated Value
$2,180,803

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$430,803
Avg. Annual Appreciation
4.98%
Original Mortgage
$1,400,000
Outstanding Balance
$1,264,030
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$916,773

Purchase Details

Closed on
Aug 29, 2019
Sold by
Panchal Vinay and Panchal Panna
Bought by
Panchal Vinay and Panchal Panna

Purchase Details

Listed on
Mar 16, 2017
Closed on
Apr 11, 2017
Sold by
Lavender Herbert R
Bought by
Panchal Vinay and Panchal Panna
Seller's Agent
Drew N Holderman
Intero Real Estate Services
Buyer's Agent
Therese Swan
Compass
List Price
$1,400,000
Sold Price
$1,450,000
Premium/Discount to List
$50,000
3.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.90%
Original Mortgage
$900,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Sep 29, 2016
Closed on
Dec 1, 2016
Sold by
Musser Carol M
Bought by
Lavender Herbert R
Seller's Agent
RECIP
Out of Area Office
Buyer's Agent
David Propach
Coldwell Banker Realty
List Price
$1,395,000
Sold Price
$1,255,000
Premium/Discount to List
-$140,000
-10.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
51.08%
Original Mortgage
$1,004,000
Interest Rate
3.52%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 21, 2012
Sold by
Musser John H and Musser Carol M
Bought by
Musser John H and Musser Carol M

Purchase Details

Closed on
Aug 14, 2006
Sold by
Musser John
Bought by
Musser Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
1.4%
Mortgage Type
Negative Amortization
Source: Public Records

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
Davoodi Mehdi $1,750,000 Cornerstone Title Company
Panchal Vinay -- None Available
Panchal Vinay $1,450,000 Orange Coast Title
Lavender Herbert R $1,255,000 Chicago Title Company
Musser John H -- None Available
Musser John H -- None Available
Musser Carol -- Ticor Title Company Of Ca
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davoodi Mehdi $1,400,000
Previous Owner Panchal Vinay $900,000
Previous Owner Lavender Herbert R $1,004,000
Previous Owner Musser Carol $675,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/16/2021 04/16/21 Sold $1,750,000 -2.7% $1,556 / Sq Ft
03/16/2021 03/16/21 Pending -- -- --
02/19/2021 02/19/21 For Sale $1,799,000 +24.1% $1,599 / Sq Ft
04/13/2017 04/13/17 Sold $1,450,000 +3.6% $1,289 / Sq Ft View Prior Sale
03/17/2017 03/17/17 Pending -- -- --
03/16/2017 03/16/17 For Sale $1,400,000 +11.6% $1,244 / Sq Ft
12/06/2016 12/06/16 Sold $1,255,000 -10.0% $1,116 / Sq Ft View Prior Sale
11/18/2016 11/18/16 Pending -- -- --
10/14/2016 10/14/16 For Sale $1,395,000 0.0% $1,240 / Sq Ft
10/04/2016 10/04/16 Pending -- -- --
09/29/2016 09/29/16 For Sale $1,395,000 -- $1,240 / 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 $22,202 $1,894,254 $1,515,404 $378,850
2024 $22,202 $1,857,113 $1,485,691 $371,422
2023 $21,804 $1,820,700 $1,456,560 $364,140
2022 $21,666 $1,785,000 $1,428,000 $357,000
2021 $19,050 $1,554,421 $1,243,538 $310,883
2020 $18,711 $1,538,484 $1,230,788 $307,696
2019 $18,455 $1,508,318 $1,206,655 $301,663
2018 $18,199 $1,478,745 $1,182,996 $295,749
2017 $15,848 $1,255,000 $1,155,000 $100,000
2016 $3,117 $185,010 $92,505 $92,505
2015 $3,064 $182,232 $91,116 $91,116
2014 $2,996 $178,664 $89,332 $89,332
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2021

    Therese Swan

    Compass

    Section Image
  • Stilla Raissi

    Buyer's Agent in 2021

    Stilla Raissi

    Coldwell Banker Realty

    (408) 316-8899

    4 in this area

    78 Total Sales

    Stilla Raissi
    Section Image

  • D

    Seller's Agent in 2017

    Drew N Holderman

    Intero Real Estate Services

    Section Image

  • R

    Seller's Agent in 2016

    RECIP

    Out of Area Office

  • D

    Buyer's Agent in 2016

    David Propach

    Coldwell Banker Realty

    Section Image
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Map

Source: MLSListings

MLS Number: ML81830571

MLSListings

APN: 529-07-034

California Santa Clara County Los Gatos 95030 West Los Gatos

441 University Ave, Los Gatos, CA

This home is located at 441 University Ave, Los Gatos, CA 95032 since 19 February 2021 and is currently estimated at $2,180,803, approximately $1,938 per square foot. This property was built in 1900. 441 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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