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223 Kensington Way

223 Kensington Way, Los Gatos, CA 95032
Property in Cambrian
Sold Apr 03, 2012
$850,000
$396,080 by Better Mortgage Corporation
Mortgage Due Mar 01, 2036
Sold Jun 02, 2008
$850,000
$680,000 by Flagstar Bank Fsb
Mortgage Due Jun 01, 2038
223 Kensington Way 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 6 rooms. 4 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, 223 Kensington Way has 1,612 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 1,000 ft and across the front of the lot is 600 ft. The area measurement of the land has been determined as 6,000 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 461 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 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 C by the local assessor. In terms of heating, it is utilizing a heating system. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Mar 8, 2012 for $850,000. That's $527.30 per sqft. Prior to that sales transaction, the property was also sold in May 23, 2008 for $850,000. 223 Kensington Way was last assessed in 2023. The total value of the property was assessed at $1,026,179. Specifically, the land the property is located on was valued at $718,327. While improvements on the property were assessed at a total of $307,852. 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 $13,351. 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.

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: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 461
  • Parking Space Count: 2
  • Patio Type: Patio - screened
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 6,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,612
  • Gross Building Area: 1,612
  • Building Area: 1,612
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 1,612
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CAMEO PARK
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT 3035 CAMEO PARK BOOK 159 PAGE 20 PAGE 21 LOT 153

Ownership

  • Current Owner : KIM JASON
  • Current Owner 2: KIM JENNY S
  • Previous Owner : SARGENT ALBERT
  • Previous Owner 2: SLAY JULIE A
  • Owner Before Previous Owner: WOODNAL JOHNNY JOSEPH
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Union Elementary School District
  • Census Tract: 506804

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 71-D2
  • Subdivision Tract Number: 3035
  • Parcel: 527-45-046
  • Lot: 153
  • Municipality: LOS GATOS
  • Latitude: 37.2409
  • Longitude: -121.928

    Address

  • Full Address: 223 Kensington Way
  • Address - House Number: 223
  • Address - Street Name: Kensington
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Los Gatos
  • Carrier Code: C020
  • 4-Digit Zip Code: 4027
  • Zip Code: 95032

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $13,351
  • Tax Rate Code Area: 03-007

    Appraisal Valuation

  • Standard Deviation: 0.202
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 72
  • Final Value: 2,124,488
  • High Value: 2,553,834
  • Low Value: 1,695,141

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $396,080
  • First Open Lien Mortgage Lender: BETTER MORTGAGE CORPORATION
  • First Open Lien Mortgage Recording Date: Mar 08, 2021
  • First Open Lien Mortgage Loan Amount: $396,080
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2036

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,026,179
  • Assessed Land Value: $718,327
  • Assessed Improvements Value: $307,852

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 08, 2012
  • Current Sale Recording Date: Apr 03, 2012
  • Current Sale Transaction ID: 1058978520
  • Current Sale Price: $850,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21608542
  • Previous Sale Recording Date: Jun 02, 2008
  • Previous Sale Contract Date: May 23, 2008
  • Previous Sale Amount: $850,000
  • Previous Sale Document Type: Executor's Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS INC
  • First Mortgage Transaction Date: Apr 03, 2012
  • First Mortgage Loan Amount: $550,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2042

    Previous Mortgages

  • Previous Mortgage Lender: FLAGSTAR BANK FSB
  • Previous Mortgage Transaction Date: Jun 02, 2008
  • Previous Mortgage Loan Amount: $680,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jun 01, 2038

About Cambrian



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Frequently Asked Questions

What neighborhood is 223 Kensington Way located in?
The 223 Kensington Way is a located in the neighborhood of Cambrian in Cambrian, Los Gatos.
What is the average sales price for listings in 223 Kensington Way?
The average sales price for units in 223 Kensington Way is $0 currently.

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