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15851 Izorah Way

15851 Izorah Way, Los Gatos, CA 95032
Property in East Los Gatos
Sold Mar 24, 2021
$2,560,000
$1,999,000 by Pnc Bank Na
Mortgage Due Apr 01, 2051
Local assessors in Los Gatos, CA have categorized 15851 Izorah Way as a residential type of property. The home was built in 1946 and is 78 years old. It was most recently renovated and altered in 1970. The property's lot size has been calculated to be 13,786 square feet. The linear feet between the front and back of the lot was measured at 1,220 ft and the front of the lot was measured at 930 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a custom style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 9 rooms in the home. Of these, 5 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 15851 Izorah Way has a total of 2,421 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 414 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a porch and a patio so you'll have great options in both the front and back of the home. In addition, there is a both a pool and a spa on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The home's a heating system is the primary heating source. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 15851 Izorah Way sold most recently in Mar 22, 2021 for a total of $2,560,000. If you work out the math, that's approximately a cost of $1,057.41 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $31,052 in taxes each year. 15851 Izorah Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $2,663,423. If we break it down further, the land itself was valued at $2,130,739. Improvements to the property, however, were assessed at a total of $532,684. The property's total assessed value has been marked as more than the total market value 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.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1946
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Custom
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 414
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Porch
  • Pool Type: Pool & spa (both)

    Dimensions

  • Lot Size Square Feet: 13,786
  • Lot Size Depth Feet: 1,220
  • Lot Size Frontage Feet: 930
  • Total Building Area: 2,421
  • Gross Building Area: 1,629
  • Building Area: 2,421
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 2,421
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 665 HARRIS SUB
  • Land Acres: 0.317
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 15

Ownership

  • Current Owner : LI JIA
  • Current Owner 2: CHEN JINCHENG
  • Previous Owner : GORDON JENNIFER L
  • Previous Owner 2: GORDON ERIC M
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Los Gatos Union Elementary School District
  • Census Tract: 506801

Zoning

  • Zoning: R18A

Geography

  • Subdivision Tract Number: 665
  • Parcel: 529-14-068
  • Lot: 15
  • Municipality: LOS GATOS
  • Latitude: 37.2383
  • Longitude: -121.966

    Address

  • Full Address: 15851 Izorah Way
  • Address - House Number: 15851
  • Address - Street Name: Izorah
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Los Gatos
  • Carrier Code: C010
  • 4-Digit Zip Code: 3441
  • Zip Code: 95032

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $31,052
  • Tax Rate Code Area: 03-000

    Appraisal Valuation

  • Standard Deviation: 0.202
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 72
  • Final Value: 3,164,219
  • High Value: 3,803,688
  • Low Value: 2,524,749

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,999,000
  • First Open Lien Mortgage Lender: PNC BANK NA
  • First Open Lien Mortgage Recording Date: Mar 24, 2021
  • First Open Lien Mortgage Loan Amount: $1,999,000
  • 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: Apr 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,663,423
  • Assessed Land Value: $2,130,739
  • Assessed Improvements Value: $532,684

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 22, 2021
  • Current Sale Recording Date: Mar 24, 2021
  • Current Sale Transaction ID: 11826218062
  • Current Sale Price: $2,560,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 24889686

    Last Sale Mortgage

  • First Mortgage Lender: PNC BANK NA
  • First Mortgage Transaction Date: Mar 24, 2021
  • First Mortgage Loan Amount: $1,999,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2051

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Frequently Asked Questions

What neighborhood is 15851 Izorah Way located in?
The 15851 Izorah Way is a located in the neighborhood of East Los Gatos in East Los Gatos, Los Gatos.
What is the average sales price for listings in 15851 Izorah Way?
The average sales price for units in 15851 Izorah Way is $0 currently.

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