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100 Towne Tr

100 Towne Tr, Los Gatos, CA 95032
Sold Nov 18, 2022
$2,600,000
$2,000,000 by Us Bank National Association
Mortgage Due Dec 01, 2052
Sold Apr 06, 2021
$2,425,000
$1,000,000 by Wells Fargo Bank Na
Mortgage Due May 01, 2051
100 Towne Tr has been categorized by the local assessors in Los Gatos, CA as a residential type of property. The building on the property was first built in 1922 and is 102 years old. However, we must point out that the home was most recently renovated and altered in 2010. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 100 Towne Tr has 1,527 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 5,200 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 252 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying both a porch and a screened patio. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. The property was last sold in Nov 7, 2022 for $2,600,000. That's $1,702.69 per sqft. Prior to that sales transaction, the property was also sold in Mar 11, 2021 for $2,425,000. 100 Towne Tr was last assessed in 2023. The total value of the property was assessed at $2,600,000. Specifically, the land the property is located on was valued at $2,200,000. While improvements on the property were assessed at a total of $400,000. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $29,554. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Parking

Detached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1922
  • Effective Year Built: 2010
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Wood
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 252
  • Parking Space Count: 1
  • Patio Type: Patio - screened
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 5,200
  • Total Building Area: 1,527
  • Gross Building Area: 1,527
  • Building Area: 1,527
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,527
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.119
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT A

Ownership

  • Current Owner : RAJABIOUN TOORAJ
  • Current Owner 2: ZAND KATAYOUN
  • Previous Owner : CAMPOSANO ROSEMARY ANN
  • Owner Before Previous Owner: LEVINE KENNETH R
  • Owner Before Previous Owner 2: LEVINE LORRAINE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Los Gatos Union Elementary School District
  • Census Tract: 507100

Zoning

  • Zoning: RM520

Geography

  • Parcel: 529-08-061
  • Lot: A
  • Municipality: LOS GATOS
  • Latitude: 37.2306
  • Longitude: -121.978

    Address

  • Full Address: 100 Towne Ter
  • Address - House Number: 100
  • Address - Street Name: Towne
  • Address - Suffix Type: Ter
  • State: CA
  • City Name: Los Gatos
  • Carrier Code: C018
  • 4-Digit Zip Code: 7353
  • Zip Code: 95032

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $29,554
  • Tax Rate Code Area: 03-000

    Appraisal Valuation

  • Standard Deviation: 0.2013
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 72
  • Final Value: 2,580,263
  • High Value: 3,099,922
  • Low Value: 2,060,604

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,000,000
  • First Open Lien Mortgage Lender: US BANK NATIONAL ASSOCIATION
  • First Open Lien Mortgage Recording Date: Nov 18, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $2,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,600,000
  • Assessed Land Value: $2,200,000
  • Assessed Improvements Value: $400,000

    Sales

  • Current Sale Contract Date: Nov 07, 2022
  • Current Sale Recording Date: Nov 18, 2022
  • Current Sale Transaction ID: 11898800595
  • Current Sale Price: $2,600,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 25402302
  • Previous Sale Recording Date: Apr 06, 2021
  • Previous Sale Contract Date: Mar 11, 2021
  • Previous Sale Amount: $2,425,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: US BANK NATIONAL ASSOCIATION
  • First Mortgage Transaction Date: Nov 18, 2022
  • First Mortgage Loan Amount: $2,000,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2052

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Apr 06, 2021
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $1,000,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2051

About West Los Gatos



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Nearby Rentals

Unit for rent at 12 Montgomery St B, LOS GATOS, CA, 95030

$3,950 /mo

  • 2 Beds
  • 1 Bath
  • 850 ft²
12 Montgomery St B, LOS GATOS, CA, 95030 Listing by Liz Hawkins

Frequently Asked Questions

What neighborhood is 100 Towne Tr located in?
The 100 Towne Tr is a house located in the neighborhood of West Los Gatos in West Los Gatos, Los Gatos.
What is the average sales price for listings in 100 Towne Tr?
The average sales price for units in 100 Towne Tr is $0 currently.

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