NOT LISTED FOR SALE

443 Alberto Way Unit B117 Los Gatos, CA 95032

East Los Gatos Neighborhood

Estimated Value: $680,987 - $1,026,000

2 Beds
2 Baths
1,076 Sq Ft
436 Sq Ft Lot

Last Sold May 07, 2014

Last sale price $510,000 $474 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $5,101/month

8 Days on Market

Highlights

  • Clubhouse
  • Contemporary Architecture
  • Sauna
  • Louise Van Meter Elementary School Rated A
  • Planned Social Activities
  • Ground Level Unit

About This Home

As of May 2014

Charming ground level condo in Los Gatos Commons surrounded by lush gardens and includes all the amenities. This desirable corner unit offers an enclosed sunroom and 2 private patios with access from the living room and master bedroom. Inside laundry with washer and dryer, updated baths, dual pane windows. Close to downtown. One resident must be 55+.

Last Agent to Sell the Property

Cindy Foreman

Keller Williams Realty License #1224961 Listed on: 04/09/2014

Last Buyer's Agent

Meryle Sussman

Christie's International Real Estate Sereno License #01247038

Christie's International Real Estate Sereno

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,146

Year Built

  • Built in 1978

Lot Details

  • 436

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,076 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Window Treatments
  • Combination Dining and Living Room
  • Security Gate

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • 1 Carport Space
  • Garage Door Opener
  • Guest Parking

Location

  • Ground Level Unit

Utilities

  • Radiant Heating System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 529-47-035

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include landscaping / gardening, pool spa or tennis, management fee, roof, cable / dish, water, exterior painting, garbage, insurance - common area
  • 110 Units
  • Los Gatos Commons Association
  • Built by Los Gatos Commons
  • Car Wash Area

Amenities

  • Sauna
  • Clubhouse
  • Planned Social Activities
  • Elevator

Recreation

  • Sport Court
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,146

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Subclass: Condominium
  • Style: Contemporary
  • Age: 36
  • Sale Price Per Sq Ft: 473.98
  • Listing Class: Residential
  • Maximum Unit Floor Number: 1
  • Maximum Unit Levels: 1
  • Max Numberof Unitsin Complex: 110
  • Min Numberof Unitsin Complex: 110
  • Structure Sq Ft: 1076
  • Complex Name: Los Gatos Commons
  • Incorporated: Yes
  • Map Book Page: 873
  • Map Side Coordinate: 7
  • Map Top Coordinate: B
  • Thomas Bros Page: 873
  • Thomas Brothers: B7
  • Year Built: 1978
  • Zoning Description: PD
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room, No Separate Family Room
  • Dining Room: Dining Area in Living Room, No Informal Dining Room
  • Kitchen: Dishwasher, Oven Range
  • Living Sq Ft: 1076
  • Stories: 1
  • Security: Security Gate
  • Laundry: In Laundry Room, Dryer, Washer, Laundry Facility - Coin-Op
  • Flooring: Carpet - Wall to Wall, Vinyl / Linoleum
  • Maximum Bathrooms: 2
  • Maximum Numberof Bedrooms: 2
  • Minimum Bathrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Shower over Tub - 1, Tub in Primary Bedroom, Tubs - 1, Stall Shower

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition

Garage/Parking

  • Garage Parking Features: Gate / Door Opener, Guest / Visitor Parking
  • Carport Max: 1
  • Carport Min: 1

Utilities

  • Heating System: Radiant, Electric

Condo/Co-op/Association

  • HOA Fees: 444
  • HOA Amenities: Car Wash Area, Club House, Elevator, Organized Activities, Game Court (Outdoor), Community Pool, Sauna / Spa / Hot Tub, Cable/ Satellite TV
  • HOA Documents: Articles of Incorporation, Bylaws
  • Association Fees Include: Landscaping / Gardening, Pool, Spa, or Tennis, Management Fee, Roof, Cable / Dish, Water, Exterior Painting, Garbage, Insurance - Common Area
  • H O A Name Text: Los Gatos Commons
  • Levels In Unit: 1
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Window Covering(s), Balcony/Patio

Schools

  • School District: Los Gatos-Saratoga Joint Union High

Lot Info

  • Parcel Number: 529-47-035
  • List Price per Sq Ft: 450.74
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Green Features

  • Energy Features: Ceiling Fan(s)

Multi Family

  • Maximum Building Height: 3
  • Minimum Building Height: 1
  • Unit Features: Ground Floor

MLS Schools

  • High School District Text: Los Gatos-Saratoga Joint Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2014
Closed on
May 2, 2014
Sold by
Bourne Gavin and Davis Leslie M
Bought by
Lane Monya A
Seller's Agent
Cindy Foreman
Keller Williams Realty
Buyer's Agent
Meryle Sussman
Christie's International Real Estate Sereno
List Price
$485,000
Sold Price
$510,000
Premium/Discount to List
$25,000
5.15%
Current Estimated Value
$833,997

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$323,997
Avg. Annual Appreciation
4.41%
Original Mortgage
$371,250
Outstanding Balance
$277,988
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$556,009

Purchase Details

Closed on
Nov 15, 2004
Sold by
Davis Leslie M and Bourne Gavin N
Bought by
Bourne Gavin and Davis Leslie M

Purchase Details

Closed on
Dec 28, 2001
Sold by
Bourne Gavin N and Davis Leslie M
Bought by
Bourne Gavin N and Davis Leslie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 2, 2001
Sold by
Barnett Marvene L
Bought by
Davis Leslie M and Bourne Gavin N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 27, 1996
Sold by
Stacy David L and Stacy Jo Ann A
Bought by
Barnett Marvene L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
8.23%
Mortgage Type
Seller Take Back
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
Lane Monya A $510,000 Orange Coast Title Company
Bourne Gavin -- --
Bourne Gavin N -- Financial Title Company
Davis Leslie M $275,000 Fidelity National Title Ins
Barnett Marvene L $150,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lane Monya A $371,250
Previous Owner Bourne Gavin N $135,000
Previous Owner Davis Leslie M $135,000
Previous Owner Barnett Marvene L $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2014 05/07/14 Sold $510,000 +5.2% $474 / Sq Ft
04/17/2014 04/17/14 Pending -- -- --
04/09/2014 04/09/14 For Sale $485,000 -- $451 / 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 $8,146 $625,180 $312,590 $312,590
2024 $8,146 $612,922 $306,461 $306,461
2023 $7,957 $600,904 $300,452 $300,452
2022 $7,917 $589,122 $294,561 $294,561
2021 $7,742 $577,572 $288,786 $288,786
2020 $7,592 $571,650 $285,825 $285,825
2019 $7,478 $560,442 $280,221 $280,221
2018 $7,363 $549,454 $274,727 $274,727
2017 $7,327 $538,682 $269,341 $269,341
2016 $7,118 $528,120 $264,060 $264,060
2015 $7,049 $520,188 $260,094 $260,094
2014 $4,870 $337,714 $168,765 $168,949
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81411993

MLSListings

APN: 529-47-035