NOT LISTED FOR SALE

487 Wraight Ave Los Gatos, CA 95032

West Los Gatos Neighborhood

Estimated Value: $1,830,000 - $2,096,114

2 Beds
1 Bath
768 Sq Ft
$2,495/Sq Ft Est. Value

Last Sold July 26, 2021

Last sale price $1,758,000 $2,289 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $12,267/month

8 Days on Market

Highlights

  • Formal Dining Room
  • Bathtub with Shower
  • Ceiling Fan
  • Daves Avenue Elementary School Rated A
  • Bathroom on Main Level
  • Separate Family Room

About This Home

As of July 2021

Welcome to a fantastic opportunity in a highly sought after location. Build your dream home, remodel, or move-in to this 2 bedroom, 1 bathroom home with 768 +/- square feet of living space situated on a 5,500 +/- square foot lot. This gem is located within walking distance to downtown retail shopping, restaurants, parks, and prestigious Los Gatos High School. Convenient to local commute arteries, yet peacefully quiet. Easy to maintain landscaping in both the front and rear yards. Excellent Los Gatos Schools: Daves Elementary, Fischer Middle, and Los Gatos High.

Last Agent to Sell the Property

Jim & Jimmy Nappo

Compass License #70000193 Listed on: 06/22/2021

Last Buyer's Agent

Michelle Yang

Legend Realty & Finance Group License #02013060

Legend Realty & Finance Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,886

Year Built

  • 1946

Lot Details

  • 5,502 Sq Ft Lot
  • Wood Fence
  • Level Lot
  • Back Yard

Parking

  • 1 Car Garage
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 768 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Separate Family Room
  • Formal Dining Room
  • Built-In Oven
  • Electric Dryer Hookup

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom
  • Bathtub with Shower

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,886

Year Built

1946

Lot Details

0

Parking

1

Listing Details

  • Zoning: R18
  • Subclass: Single Family Home
  • Style: Ranch
  • Age: 75
  • Listing Class: Residential
  • Structure Sq Ft: 768
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1946

Interior Features

  • Family Room: Separate Family Room
  • Dining Room: Formal Dining Room
  • Kitchen: Oven - Built-In, Refrigerator
  • Living Sq Ft: 768
  • Stories: 1
  • Bedrooms: Ground Floor Bedroom
  • Laundry: Electricity Hookup (220V)
  • Flooring: Carpet, Vinyl / Linoleum
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Full On Ground Floor, Shower And Tub

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Yard/Grounds: Back Yard, Fenced
  • Fencing: Fenced, Wood

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Attached Garage, Off-Street Parking, On Street

Utilities

  • Cooling System: Ceiling Fan, Window / Wall Unit
  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer Connected

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: Grade - Level
  • Lot Acres: 0.1263
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5500.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5500.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2021
Closed on
Jul 20, 2021
Sold by
Grabscheid Loney and Grabscheid Maona
Bought by
Chien Victor and Chien Elaine
Seller's Agent
Jim & Jimmy Nappo
Compass
Buyer's Agent
Michelle Yang
Legend Realty & Finance Group
List Price
$1,595,000
Sold Price
$1,758,000
Premium/Discount to List
$163,000
10.22%
Current Estimated Value
$1,916,529

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,529
Avg. Annual Appreciation
3.89%
Original Mortgage
$1,406,400
Outstanding Balance
$1,290,900
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$762,320

Purchase Details

Closed on
Apr 9, 2004
Sold by
Grabscheid Loney
Bought by
Grabscheid Loney and Grabscheid Maona
Source: Public Records

Range of Values:

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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
Chien Victor $1,758,000 Old Republic Title Company
Grabscheid Loney -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chien Victor $1,406,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2021 07/26/21 Sold $1,758,000 +10.2% $2,289 / Sq Ft
06/30/2021 06/30/21 Pending -- -- --
06/22/2021 06/22/21 For Sale $1,595,000 -- $2,077 / 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 $21,886 $1,865,603 $1,750,993 $114,610
2024 $21,886 $1,829,023 $1,716,660 $112,363
2023 $21,493 $1,793,160 $1,683,000 $110,160
2022 $21,357 $1,758,000 $1,650,000 $108,000
2021 $6,027 $424,738 $261,380 $163,358
2020 $5,905 $420,383 $258,700 $161,683
2019 $5,813 $412,141 $253,628 $158,513
2018 $5,718 $404,060 $248,655 $155,405
2017 $5,683 $396,138 $243,780 $152,358
2016 $5,513 $388,371 $239,000 $149,371
2015 $5,451 $382,538 $235,410 $147,128
2014 $5,350 $375,045 $230,799 $144,246
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jim & Jimmy Nappo

    Compass

  • M

    Buyer's Agent in 2021

    Michelle Yang

    Legend Realty & Finance Group

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Map

Source: MLSListings

MLS Number: ML81849173

MLSListings

APN: 529-06-024

California Santa Clara County Los Gatos 95032 West Los Gatos

487 Wraight Ave, Los Gatos, CA

This home is located at 487 Wraight Ave, Los Gatos, CA 95032 since 22 June 2021 and is currently estimated at $1,916,529, approximately $2,495 per square foot. This property was built in 1946. 487 Wraight 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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