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719 University Avenue

719 University Avenue, Los Gatos, CA 95032
Townhouse in West Los Gatos
Sold Sep 15, 2020
$1,600,000
$1,280,000 by Wells Fargo Bank Na
Mortgage Due Oct 01, 2050
Sold Mar 10, 2016
$1,300,000
$948,750 by Mufg Union Bank Na
Mortgage Due Apr 30, 2046
719 University 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 1980 and is 44 years old. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 719 University Avenue has 1,895 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 440 ft and across the front of the lot is 370 ft. The area measurement of the land has been determined as 1,628 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a condo 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 400 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 B by the local assessor. The roof of the building is made of tar and gravel. The exterior walls of the building are made of wood. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heating system and being fueled with gas. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 719 University Avenue was last sold in Sep 1, 2020 for $1,600,000. According to our calculations, that's $844.33 per sqft. Prior to that sales transaction, the property was sold for $1,300,000 in Mar 4, 2016. Current property owners are expected to pay $19,878 in taxes per year. The property on 719 University Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,664,640. To break that down further, the land itself was valued at $832,320. While improvements to the property were assessed at a total of $832,320. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. 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!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Condo
  • Exterior Walls Type: Wood
  • Roof Cover Type: Tar and gravel
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: Patio - screened
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 1,628
  • Lot Size Depth Feet: 440
  • Lot Size Frontage Feet: 370
  • Total Building Area: 1,895
  • Gross Building Area: 743
  • Building Area: 1,895
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,895
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: UNIV OAKS CONDO 6584
  • Land Acres: 0.037
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: TRACT 6584

Ownership

  • Current Owner : MARTINEZ FELICIANO GOMEZ
  • Current Owner 2: MONER MONICA LLAGARIA
  • Previous Owner : LEXIS PETER S
  • Previous Owner 2: THE LEXIS FAMILY TRUST
  • Owner Before Previous Owner: MINER ALLAN
  • Owner Before Previous Owner 2: MINER NANCY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Los Gatos Union Elementary School District
  • Census Tract: 507100

Zoning

  • Zoning: RPD

Geography

  • Assessors Map Reference: 70-E3
  • Subdivision Tract Number: 6584
  • Parcel: 529-53-005
  • Lot: 1
  • Municipality: LOS GATOS
  • Latitude: 37.2374
  • Longitude: -121.976

    Address

  • Full Address: 719 University Ave
  • Address - House Number: 719
  • Address - Street Name: University
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Gatos
  • Carrier Code: C027
  • 4-Digit Zip Code: 7607
  • Zip Code: 95032

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $19,878
  • Tax Rate Code Area: 03-000

    Appraisal Valuation

  • Standard Deviation: 0.1906
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 74
  • Final Value: 1,804,711
  • High Value: 2,148,818
  • Low Value: 1,460,604

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,280,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Sep 15, 2020
  • First Open Lien Mortgage Loan Amount: $1,280,000
  • 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: Oct 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,664,640
  • Assessed Land Value: $832,320
  • Assessed Improvements Value: $832,320

    Sales

  • Current Sale Contract Date: Sep 01, 2020
  • Current Sale Recording Date: Sep 15, 2020
  • Current Sale Transaction ID: 11787491289
  • Current Sale Price: $1,600,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 24613925
  • Previous Sale Recording Date: Mar 10, 2016
  • Previous Sale Contract Date: Mar 04, 2016
  • Previous Sale Amount: $1,300,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Sep 15, 2020
  • First Mortgage Loan Amount: $1,280,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: MUFG UNION BANK NA
  • Previous Mortgage Transaction Date: Mar 10, 2016
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $948,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Apr 30, 2046

About West Los Gatos



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Frequently Asked Questions

What neighborhood is 719 University Avenue located in?
The 719 University Avenue is a townhouse located in the neighborhood of West Los Gatos in West Los Gatos, Los Gatos.
What is the average sales price for listings in 719 University Avenue?
The average sales price for units in 719 University Avenue is $0 currently.

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