NOT LISTED FOR SALE

453 Alberto Way Unit D159 Los Gatos, CA 95032

East Los Gatos Neighborhood

Estimated Value: $550,000 - $578,000

1 Bed
1 Bath
768 Sq Ft
$506/mo HOA Fee

Last Sold November 03, 2023

Last sale price $525,000 $684 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,073/month

28 Days on Market

Highlights

  • Private Pool
  • Wood Flooring
  • Breakfast Bar
  • Active Adult
  • Formal Dining Room
  • Electric Gate

About This Home

As of November 2023

Well located ground floor unit in desirable Los Gatos Commons. Rare opportunity to own a 1 bedroom, plus an office/study, in this wonderful run and maintained senior living community. One member must be 55 years old and companion must be at least 45. In addition to the nice sized bedroom, there is a den/study/office. Great patio off of large living room and bedroom affords outside privacy and place for table. Assigned secured parking space. Outstanding community club house with all the amenities imaginable includes full kitchen, billiards, library, pool/spa, and exercise room and more. Inviting park like grounds and walkways make this well located complex even more inviting. Close to downtown LG and all of its wonderful amenities.

Last Agent to Sell the Property

Kenn Callahan

Coldwell Banker Realty License #01044326 Listed on: 09/16/2023

Coldwell Banker Realty

Co-Listed By

Joe Callahan

Coldwell Banker Realty License #02035700

Last Buyer's Agent

Carlo Severo

Montalvo Realty License #01468696

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,156

Year Built

  • Built in 1978

Lot Details

  • 1,864

HOA Fees

  • $506 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 768 Sq Ft Home
  • 1-Story Property
  • Formal Dining Room
  • Breakfast Bar

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Washer and Dryer

Parking

  • Garage
  • 1 Carport Space
  • Garage Door Opener
  • Electric Gate
  • Secured Garage or Parking
  • Assigned Parking

Additional Features

  • Private Pool
  • Security Fence
  • Radiant Heating System

Listing and Financial Details

  • Assessor Parcel Number 529-46-055

Community Details

Overview

  • Active Adult
  • Association fees include common area electricity, exterior painting, fencing, garbage, insurance - common area, maintenance - common area, pool spa or tennis, recreation facility, roof
  • Los Gatos Commons Association
  • Built by Los Gatos Commons

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,156

Year Built

Built in 1978

Lot Details

0

HOA Fees

$506 per month

Listing Details

  • Subclass: Condominium
  • Restrictions: Pets - Allowed, Senior Community (1 Resident 55+)
  • Age: 45
  • Listing Class: Residential
  • Structure Sq Ft: 768
  • Complex Name: Los Gatos Commons
  • Year Built: 1978
  • Zoning Description: PD
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Dining Room: Breakfast Bar, Formal Dining Room
  • Living Sq Ft: 768
  • Stories: 1
  • Security: Secured Garage / Parking, Security Fence
  • Laundry: Inside, Washer / Dryer
  • Flooring: Carpet, Tile, Wood
  • Maximum Numberof Bedrooms: 1
  • Minimum Numberof Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition
  • Pool: Yes

Garage/Parking

  • Garage Parking Features: Assigned Spaces, Electric Gate, Gate / Door Opener
  • Carport Min: 1

Utilities

  • Heating System: Radiant
  • Sewer/Septic System: Sewer Connected

Condo/Co-op/Association

  • HOA Fees: 506
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Exterior Painting, Fencing, Garbage, Insurance - Common Area, Maintenance - Common Area, Pool, Spa, or Tennis, Recreation Facility, Roof
  • H O A Name Text: Los Gatos Commons
  • H O A Exist: Yes

Schools

  • School District: Los Gatos-Saratoga Joint Union High
  • Elementary School: Louise Van Meter Elementary
  • Middle School: Raymond J. Fisher Middle
  • High School: Los Gatos High
  • High School: 262
  • Elementary School: 143
  • Middle School: 141

Lot Info

  • Parcel Number: 529-46-055
  • Lot Acres: 0.0428
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1866.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1866.00

Multi Family

  • Utilities: Public Utilities

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
Sep 16, 2023
Closed on
Oct 17, 2023
Sold by
Jean Francisco Revocable Trust
Bought by
Teel Nancy A
Seller's Agent
Kenn Callahan
Coldwell Banker Realty
Buyer's Agent
Carlo Severo
Montalvo Realty
List Price
$565,000
Sold Price
$525,000
Premium/Discount to List
-$40,000
-7.08%
Views
59
Current Estimated Value
$560,386

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,386
Avg. Annual Appreciation
3.46%

Purchase Details

Closed on
Apr 16, 2015
Sold by
Francisco Etta Jean
Bought by
Francisco Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2012
Sold by
Francisco Jean
Bought by
Francisco Jean

Purchase Details

Closed on
Jan 13, 2009
Sold by
Roszell James D
Bought by
Francisco Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 7, 2004
Sold by
Roszell Bette H and Roszell Bette J
Bought by
Roszell Bette H and Roszell James D
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
Teel Nancy A $525,000 Chicago Title
Francisco Jean -- First American Title Company
Francisco Etta Jean -- First American Title
Francisco Jean -- None Available
Francisco Jean $368,000 Chicago Title Company
Roszell Bette H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Francisco Etta Jean $164,000
Previous Owner Francisco Jean $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2023 11/03/23 Sold $525,000 +5.0% $684 / Sq Ft
10/15/2023 10/15/23 Pending -- -- --
10/11/2023 10/11/23 Price Changed $499,900 -11.5% $651 / Sq Ft
09/16/2023 09/16/23 For Sale $565,000 -- $736 / 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 $7,156 $535,500 $267,750 $267,750
2024 $7,156 $525,000 $262,500 $262,500
2023 $6,229 $455,169 $227,492 $227,677
2022 $6,200 $446,245 $223,032 $223,213
2021 $6,047 $437,496 $218,659 $218,837
2020 $5,924 $433,011 $216,417 $216,594
2019 $5,830 $424,522 $212,174 $212,348
2018 $5,734 $416,199 $208,014 $208,185
2017 $5,698 $408,039 $203,936 $204,103
2016 $5,526 $400,039 $199,938 $200,101
2015 $5,368 $386,000 $192,900 $193,100
2014 $5,173 $370,000 $184,900 $185,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81942186

MLSListings

APN: 529-46-055