NOT LISTED FOR SALE

Estimated Value: $1,236,000 - $1,749,000

3 Beds
2 Baths
1,627 Sq Ft
2,091 Sq Ft Lot

Last Sold July 26, 2021

Last sale price $1,175,000 $722 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $9,458/month

136 Days on Market

Highlights

  • Private Pool
  • Wood Flooring
  • Elevator
  • Louise Van Meter Elementary School Rated A
  • Granite Countertops
  • 4-minute walk to Pageant Grounds Park

About This Home

As of July 2021

The heart of Los Gatos is calling. Don't miss this fantastic, spacious Luxury Los Gatos Forbes Mill condo. Very nicely updated, this property has the ideal downtown location, set in a quiet section just off Main Street. Yet literally steps away from shopping, restaurants, Los Gatos Creek Trail for hiking and biking, public library, Los Gatos High School, as well as Van Meter Elementary and Fisher Middle school. With over 1600 sq feet of living space, this property features 3 large bedrooms, including a separate master bedroom with walk in closet and dual sinks, ALL on one level. No recessed flooring or stairs to deal with. There is also a formal dining area, large living area with gorgeous bay windows, and 3 good size balconies. Ideal for that early morning coffee, or late afternoon cocktail hour. Elevator access from the garage to all floors. HOA fee covers all utilities, garbage, insurance, outside maintenance, pool, and more. Lobby and parking are key entry only. A must see!!!

Last Agent to Sell the Property

John Van Dyk

Intero Real Estate Services License #00576952 Listed on: 02/11/2021

Intero Real Estate Services

Last Buyer's Agent

Corinne Raffanti

Christie's International Real Estate Sereno License #00827405

Christie's International Real Estate Sereno

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,928

Year Built

  • 1981

Lot Details

  • 2,091

Parking

  • 1 Car Garage
  • Lighted Parking
  • Garage Door Opener
  • Secured Garage or Parking

Interior Spaces

  • 1,627 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Formal Dining Room

Kitchen

  • Electric Oven
  • <<microwave>>
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • <<tubWithShowerToken>>

Laundry

  • Laundry in Utility Room
  • Washer and Dryer

Home Security

Additional Features

  • Private Pool
  • Forced Air Heating and Cooling System

Community Details

Overview

  • Association fees include electricity, exterior painting, fencing, garbage, gas, insurance - common area, insurance - earthquake, insurance - liability, landscaping / gardening, maintenance - common area, maintenance - exterior, management fee, pool spa or tennis, reserves, roof, water / sewer
  • 45 Units
  • Community Management Serrvices Association

Amenities

  • Trash Chute
  • Elevator
  • Community Storage Space

Recreation

  • Community Pool

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,928

Year Built

1981

Lot Details

0

Parking

1

Listing Details

  • Zoning: RM520
  • Subclass: Condominium
  • Restrictions: Age - No Restrictions, Pets - Rules
  • Age: 40
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 45
  • Structure Sq Ft: 1627
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1981

Interior Features

  • Fireplace: Gas Burning
  • Dining Room: Formal Dining Room
  • Kitchen: Countertop - Granite, Dishwasher, Microwave, Oven Range - Electric, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 1627
  • Stories: 1
  • Security: Fire System - Sprinkler, Secured Garage / Parking, Security Building
  • Bedrooms: Walk-In Closet
  • Laundry: In Utility Room, Washer / Dryer
  • Flooring: Carpet, Wood
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Showers Over Tubs - 2+

Exterior Features

  • Pool Description: Yes
  • Pool: Community Facility, Pool - Fenced, Pool - In Ground, Spa / Hot Tub

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Attached Garage, Covered Parking, Gate / Door Opener, Lighted Parking Area, Parking Area

Utilities

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

Condo/Co-op/Association

  • Complex Name: Forbes Mill Condominium Assoc.
  • HOA Fees: 1045
  • HOA Amenities: Additional Storage, Community Pool, Elevator, Trash Chute
  • HOA Documents: Articles Of Incorporation, Budget, Bylaws, Cc&rs, Financial Statement, Minutes, Reserve Study, Rules & Regulations
  • Association Fees Include: Electricity, Exterior Painting, Fencing, Garbage, Gas, Insurance - Common Area, Insurance - Earthquake, Insurance - Liability, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Management Fee, Pool, Spa, Or Tennis, Reserves, Roof, Water / Sewer
  • HOA Exist: Yes
  • H O A Name Text: Community Management Serrvices

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

Multi Family

  • Utilities: Public Utilities
  • Maximum Building Height: 3
  • Minimum Building Height: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2021
Closed on
Jul 22, 2021
Sold by
Apicelli Nancy Jane and Sullivan John J
Bought by
Wilson Jayne Elizabeth
Seller's Agent
John Van Dyk
Intero Real Estate Services
Buyer's Agent
Corinne Raffanti
Christie's International Real Estate Sereno
List Price
$1,308,000
Sold Price
$1,175,000
Premium/Discount to List
-$133,000
-10.17%
Current Estimated Value
$1,482,992

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$307,992
Avg. Annual Appreciation
5.53%

Purchase Details

Closed on
May 7, 2004
Sold by
Sullivan Jack and Sullivan Patricia
Bought by
Sullivan John J and Sullivan Patricia M

Purchase Details

Closed on
Dec 3, 2003
Sold by
Jones Kenneth J
Bought by
Sullivan Jack and Sullivan Patricia
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
Wilson Jayne Elizabeth $1,175,000 Orange Coast Ttl Co Of Nocal
Sullivan John J -- --
Sullivan Jack $615,000 Stewart Title Of California
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2021 07/26/21 Sold $1,175,000 -10.2% $722 / Sq Ft
06/28/2021 06/28/21 Pending -- -- --
05/14/2021 05/14/21 For Sale $1,308,000 0.0% $804 / Sq Ft
05/13/2021 05/13/21 Pending -- -- --
02/11/2021 02/11/21 For Sale $1,308,000 -- $804 / 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
2024 $14,928 $1,222,470 $611,235 $611,235
2023 $14,637 $1,198,500 $599,250 $599,250
2022 $14,549 $1,175,000 $587,500 $587,500
2021 $10,316 $807,801 $525,402 $282,399
2020 $10,122 $799,519 $520,015 $279,504
2019 $9,974 $783,843 $509,819 $274,024
2018 $9,825 $768,474 $499,823 $268,651
2017 $9,786 $753,407 $490,023 $263,384
2016 $9,516 $738,635 $480,415 $258,220
2015 $9,437 $727,541 $473,199 $254,342
2014 $9,288 $713,290 $463,930 $249,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81829390

MLSListings

APN: 529-54-035