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3 Kimble Avenue

3 Kimble Avenue, Los Gatos, CA 95030
Property in East Los Gatos
Sold Jun 25, 2021
$3,500,000
$2,800,000 by Guaranteed Rate Affinity Llc
Mortgage Due Jul 01, 2051
Sold May 25, 2017
$2,900,000
$1,885,000 by Wells Fargo Bank Na
Mortgage Due Jun 01, 2047
3 Kimble Avenue 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 1993 and is 31 years old. The home has a total of 8 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 3 Kimble Avenue has 2,812 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 10,237 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a custom style.

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 720 sqft. According to our sources, there are a total of 3 available parking spaces. Residents will have the luxury of enjoying both a porch and a 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 B by the local assessor. The inside of the home is being cooled with no air conditioning at the moment. In terms of heating, it is utilizing no heating system and being fueled with nothing. 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, 3 Kimble Avenue sold most recently in Jun 10, 2021 for a total of $3,500,000. If you work out the math, that's approximately a cost of $1,244.67 per sqft. Before that, the property was also sold for $2,900,000 in May 19, 2017. 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 $42,217 in taxes each year. The initial year of tax delinquency occurred in 2021. 3 Kimble Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $3,641,400. If we break it down further, the land itself was valued at $2,913,120. Improvements to the property, however, were assessed at a total of $728,280. 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: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Custom
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 660
  • Garage Type: Garage
  • Garage Square Area: 720
  • Parking Space Count: 3
  • Patio Type: Patio
  • Porch Type: Porch
  • Pool Type: Pool & spa (both)

    Dimensions

  • Lot Size Square Feet: 10,237
  • Total Building Area: 2,812
  • Gross Building Area: 2,272
  • Building Area: 2,812
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: None
  • Heated Square Feet: 2,812
  • Heating Fuel Type: None

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KIMBLE 01
  • Land Acres: 0.235
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : SCHROEDER RYAN D
  • Current Owner 2: SCHROEDER TIFFANY
  • Previous Owner : GUILLOU JEAN PIERRE S
  • Previous Owner 2: FARBER SARAH
  • Owner Before Previous Owner: VANGUNDY SCOTT A
  • Owner Before Previous Owner 2: VAN GUNDY SIVIA L G
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Los Gatos Union Elementary School District
  • Census Tract: 507003

Zoning

  • Zoning: RMH

Geography

  • Parcel: 529-34-104
  • Lot: 4
  • Municipality: LOS GATOS
  • Latitude: 37.2195
  • Longitude: -121.977

    Address

  • Full Address: 3 Kimble Ave
  • Address - House Number: 3
  • Address - Street Name: Kimble
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Gatos
  • Carrier Code: C003
  • 4-Digit Zip Code: 7059
  • Zip Code: 95030

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $42,217
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 03-191

    Appraisal Valuation

  • Standard Deviation: 0.195
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 74
  • Final Value: 3,857,430
  • High Value: 4,609,874
  • Low Value: 3,104,986

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,800,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE AFFINITY LLC
  • First Open Lien Mortgage Recording Date: Jun 25, 2021
  • First Open Lien Mortgage Loan Amount: $2,800,000
  • 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, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,641,400
  • Assessed Land Value: $2,913,120
  • Assessed Improvements Value: $728,280

    Sales

  • Current Sale Contract Date: Jun 10, 2021
  • Current Sale Recording Date: Jun 25, 2021
  • Current Sale Transaction ID: 11840929582
  • Current Sale Price: $3,500,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 25009470
  • Previous Sale Recording Date: May 25, 2017
  • Previous Sale Contract Date: May 19, 2017
  • Previous Sale Amount: $2,900,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE AFFINITY LLC
  • First Mortgage Transaction Date: Jun 25, 2021
  • First Mortgage Loan Amount: $2,800,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: May 25, 2017
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $1,885,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Jun 01, 2047

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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 3 Kimble Avenue located in?
The 3 Kimble Avenue 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 3 Kimble Avenue?
The average sales price for units in 3 Kimble Avenue is $0 currently.

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