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251 Kensington Way

251 Kensington Way, Los Gatos, CA 95032
Property in Cambrian
Sold Aug 31, 2004
$740,000
$548,000 by Watermark Capital Inc
Mortgage Due Sep 01, 2042
Sold Dec 15, 2000
$710,000
$568,000 by Hsbc Mtg Corp Usa
Mortgage Due Jan 01, 2031
251 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, 251 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. Love to swim? You'll be excited to find out that there is a both a pool and a spa on the property. 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. The roof of the building is made of wood shake/ shingles. The exterior walls of the building are made of stucco. In terms of heating, it is utilizing a heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 251 Kensington Way sold most recently in Aug 18, 2004 for a total of $740,000. If you work out the math, that's approximately a cost of $459.06 per sqft. Before that, the property was also sold for $710,000 in Nov 6, 2000. 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 $12,930 in taxes each year. 251 Kensington Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $991,426. If we break it down further, the land itself was valued at $495,713. Improvements to the property, however, were assessed at a total of $495,713. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 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
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Wood shake/ shingles
  • 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
  • Pool Type: Pool & spa (both)

    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: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: CAMEO PARK
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT 2978 CAMEO PARK BOOK 143 PAGE 16 PAGE 17 LOT 20

Ownership

  • Current Owner : BARRY MICHELLE ANNE
  • Current Owner 2: DREW MITCHEL OVERTON
  • Previous Owner : LIU CHUNG
  • Previous Owner 2: LIU CAROLINA
  • Owner Before Previous Owner: BRINKMAN BRETT A
  • Owner Before Previous Owner 2: BRINKMAN KELLY J
  • Is Owner Occupied: Owner-occupied property
  • 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: 2978
  • Parcel: 527-45-039
  • Lot: 20
  • Municipality: LOS GATOS
  • Latitude: 37.242
  • Longitude: -121.928

    Address

  • Full Address: 251 Kensington Way
  • Address - House Number: 251
  • 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: $12,930
  • Tax Rate Code Area: 03-007

    Appraisal Valuation

  • Standard Deviation: 0.202
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 72
  • Final Value: 2,017,874
  • High Value: 2,425,675
  • Low Value: 1,610,074

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $548,000
  • First Open Lien Mortgage Lender: WATERMARK CAPITAL INC
  • First Open Lien Mortgage Recording Date: Aug 28, 2012
  • First Open Lien Mortgage Loan Amount: $548,000
  • 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: Sep 01, 2042

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $991,426
  • Assessed Land Value: $495,713
  • Assessed Improvements Value: $495,713

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 18, 2004
  • Current Sale Recording Date: Aug 31, 2004
  • Current Sale Transaction ID: 1058978487
  • Current Sale Price: $740,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 17980642
  • Previous Sale Recording Date: Dec 15, 2000
  • Previous Sale Contract Date: Nov 06, 2000
  • Previous Sale Amount: $710,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: SILVERGATE BANK
  • First Mortgage Transaction Date: Aug 31, 2004
  • First Mortgage Loan Amount: $592,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Sep 01, 2034

    Previous Mortgages

  • Previous Mortgage Lender: HSBC MTG CORP USA
  • Previous Mortgage Transaction Date: Dec 15, 2000
  • Previous Mortgage Loan Amount: $568,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jan 01, 2031

About Cambrian



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Frequently Asked Questions

What neighborhood is 251 Kensington Way located in?
The 251 Kensington Way is a located in the neighborhood of Cambrian in Cambrian, Los Gatos.
What is the average sales price for listings in 251 Kensington Way?
The average sales price for units in 251 Kensington Way is $0 currently.

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