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139 Belwood Gateway

139 Belwood Gateway, Los Gatos, CA 95032
Sold Jun 16, 2022
$3,300,000
$2,640,000 by Bank Of America Na
Mortgage Due Jul 01, 2052
Sold Sep 09, 2019
$1,619,000
$1,295,110 by Wells Fargo Bank Na
Mortgage Due Oct 01, 2049
139 Belwood Gateway 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 1964 and is 60 years old. The home has a total of 8 rooms. 5 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 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, 139 Belwood Gateway has 2,045 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,250 ft and across the front of the lot is 800 ft. The area measurement of the land has been determined as 10,000 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 495 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a porch and a 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 C by the local assessor. In terms of heating, it is utilizing a heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 139 Belwood Gateway was last sold in Jun 9, 2022 for $3,300,000. According to our calculations, that's $1,613.69 per sqft. Prior to that sales transaction, the property was sold for $1,619,000 in Aug 29, 2019. Current property owners are expected to pay $21,530 in taxes per year. The property on 139 Belwood Gateway was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $3,366,000. To break that down further, the land itself was valued at $3,029,400. While improvements to the property were assessed at a total of $336,600. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Parking

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

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 495
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 10,000
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 800
  • Total Building Area: 2,045
  • Gross Building Area: 1,730
  • Building Area: 2,045
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 2,045
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BELWOOD OF LOS GATOS
  • Land Acres: 0.23
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT 3304 BELWOOD OF LOS GATOS BOOK 155 PAGE 4 PAGE 5 LOT 39

Ownership

  • Current Owner : SINHA TUHIN
  • Current Owner 2: RANADE RACHANA
  • Previous Owner : THANH HO
  • Previous Owner 2: THANH TUNG
  • Owner Before Previous Owner: JESSUP DONALD L
  • Owner Before Previous Owner 2: JESSUP FAMILY TRUST
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Union Elementary School District
  • Census Tract: 506900

Zoning

  • Zoning: R110

Geography

  • Assessors Map Reference: 71-E3
  • Subdivision Tract Number: 3304
  • Parcel: 527-31-023
  • Lot: 39
  • Municipality: LOS GATOS
  • Latitude: 37.2342
  • Longitude: -121.916

    Address

  • Full Address: 139 Belwood Gtwy
  • Address - House Number: 139
  • Address - Street Name: Belwood
  • Address - Suffix Type: Gtwy
  • State: CA
  • City Name: Los Gatos
  • Carrier Code: C006
  • 4-Digit Zip Code: 5138
  • Zip Code: 95032

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $21,530
  • Tax Rate Code Area: 03-007

    Appraisal Valuation

  • Standard Deviation: 0.202
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 72
  • Final Value: 2,673,522
  • High Value: 3,213,710
  • Low Value: 2,133,333

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,640,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Jun 16, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $2,640,000
  • 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: Jul 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,366,000
  • Assessed Land Value: $3,029,400
  • Assessed Improvements Value: $336,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 09, 2022
  • Current Sale Recording Date: Jun 16, 2022
  • Current Sale Transaction ID: 11890166228
  • Current Sale Price: $3,300,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 25321507
  • Previous Sale Recording Date: Sep 09, 2019
  • Previous Sale Contract Date: Aug 29, 2019
  • Previous Sale Amount: $1,619,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Jun 16, 2022
  • First Mortgage Loan Amount: $2,640,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2052

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Sep 09, 2019
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $1,295,110
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Oct 01, 2049

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Frequently Asked Questions

What neighborhood is 139 Belwood Gateway located in?
The 139 Belwood Gateway is a house located in the neighborhood of Belwood of Los Gatos in Cambrian, Los Gatos.
What is the average sales price for listings in 139 Belwood Gateway?
The average sales price for units in 139 Belwood Gateway is $0 currently.

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