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16510 Topping Way

16510 Topping Way, Los Gatos, CA 95032
Property in Shannon
Sold Jul 20, 2021
$2,842,000
$2,273,600 by Guaranteed Rate Inc
Mortgage Due Aug 01, 2051
Local assessors in Los Gatos, CA have categorized 16510 Topping Way as a residential type of property. The home was built in 1947 and is 77 years old. The property's lot size has been calculated to be 10,960 square feet. The linear feet between the front and back of the lot was measured at 1,370 ft and the front of the lot was measured at 800 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 5 rooms in the home. Of these, 2 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 is one full bathroom. There is also a partial bathroom. 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 16510 Topping Way has a total of 1,228 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 480 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. 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 - D. Residents rely on no air conditioning for their cooling system. The home's no heating system is the primary heating source and it is being fueled with nothing. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 16510 Topping Way sold most recently in Jul 12, 2021 for a total of $2,842,000. If you work out the math, that's approximately a cost of $2,314.33 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 $33,441 in taxes each year. 16510 Topping Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $2,898,840. If we break it down further, the land itself was valued at $2,319,072. Improvements to the property, however, were assessed at a total of $579,768. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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: 1947
  • Effective Year Built: 1947
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Wood
  • Building Style: Custom
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 480
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 10,960
  • Lot Size Depth Feet: 1,370
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,228
  • Gross Building Area: 1,228
  • Building Area: 1,228
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: None
  • Heated Square Feet: 1,228
  • Heating Fuel Type: None

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KENWOOD ACRES
  • Land Acres: 0.252
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT 328 KENWOOD ACRES BOOK 10 PAGE 56 LOT 66

Ownership

  • Current Owner : BAMBERGER STEVEN
  • Current Owner 2: MCGOVERN SUSAN
  • Previous Owner : COX SANDRA KATHLEEN
  • Previous Owner 2: COX RICHARD
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

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

Zoning

  • Zoning: R1-8

Geography

  • Assessors Map Reference: 71-A4
  • Subdivision Tract Number: 328
  • Parcel: 532-09-029
  • Lot: 66
  • Municipality: LOS GATOS
  • Latitude: 37.228
  • Longitude: -121.959

    Address

  • Full Address: 16510 Topping Way
  • Address - House Number: 16510
  • Address - Street Name: Topping
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Los Gatos
  • Carrier Code: C019
  • 4-Digit Zip Code: 5646
  • Zip Code: 95032

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $33,441
  • Tax Rate Code Area: 03-000

    Appraisal Valuation

  • Standard Deviation: 0.202
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 72
  • Final Value: 2,685,199
  • High Value: 3,227,861
  • Low Value: 2,142,536

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,273,600
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Jul 20, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $2,273,600
  • 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: Aug 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,898,840
  • Assessed Land Value: $2,319,072
  • Assessed Improvements Value: $579,768

    Sales

  • Current Sale Contract Date: Jul 12, 2021
  • Current Sale Recording Date: Jul 20, 2021
  • Current Sale Transaction ID: 11843563093
  • Current Sale Price: $2,842,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 25034308

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Jul 20, 2021
  • First Mortgage Loan Amount: $2,273,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

    Financing

  • First Mortgage Financing Type: Adjustable Rate

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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 16510 Topping Way located in?
The 16510 Topping Way is a located in the neighborhood of Shannon in East Los Gatos, Los Gatos.
What is the average sales price for listings in 16510 Topping Way?
The average sales price for units in 16510 Topping Way is $0 currently.

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