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885 Old Mill Pond Road

885 Old Mill Pond Road, Los Gatos, CA 95033
Property in Santa Cruz
Refi Aug 29, 2022
Transfer
$500,000 by Fremont Bank
Mortgage Due Aug 20, 2052
885 Old Mill Pond Road in Los Gatos, CA was first built in 1990 and is 34 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 9 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 885 Old Mill Pond Road has 3,277 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 819,320 square feet.

Learn more about the property and building on this page. There is a unknown. The roof of the home is made of composition shingle. Water for the property is sourced from a well system. The property is not connected to a municipal sewage system. Instead, it is connected to a septic system which you will need to handle on your own. For those who need parking, there is a attached garage. The garage is 523 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of A. The condition of the building has been evaluated as good. The exterior walls of the home are made of wood. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Current property owners are expected to pay $11,268 in taxes per year. The property on 885 Old Mill Pond Road was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $851,804. To break that down further, the land itself was valued at $306,957. While improvements to the property were assessed at a total of $544,847. 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. 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!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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: A
  • Construction Type: Wood
  • Exterior Walls Type: Wood
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 523
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 819,320
  • Total Building Area: 3,800
  • Gross Building Area: 3,800
  • Building Area: 3,277
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,277
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Land Acres: 18.809
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TWP 09S RGE 01W SEC 32

Ownership

  • Ownership Rights Codes: Family Revocable Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Scotts Valley Unified School District
  • Census Tract: 120600

Zoning

  • Zoning: SU

Geography

  • Assessors Map Reference: MAP: 093/051
  • Parcel: 093-051-44-000
  • Municipality: LOMA PRIETA
  • Latitude: 37.112
  • Longitude: -122

    Address

  • Full Address: 885 Old Mill Pond Rd
  • Address - House Number: 885
  • Address - Street Name: Old Mill Pond
  • Address - Suffix Type: Rd
  • State: CA
  • City Name: Los Gatos
  • Carrier Code: R009
  • 4-Digit Zip Code: 8304
  • Zip Code: 95033

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $11,268
  • Tax Rate Code Area: 79-023

    Appraisal Valuation

  • Standard Deviation: 0.2208
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 69
  • Final Value: 1,626,976
  • High Value: 1,986,327
  • Low Value: 1,267,625

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $500,000
  • First Open Lien Mortgage Lender: FREMONT BANK
  • First Open Lien Mortgage Recording Date: Aug 29, 2022
  • First Open Lien Mortgage Loan Amount: $500,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Aug 20, 2052

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $851,804
  • Assessed Land Value: $306,957
  • Assessed Improvements Value: $544,847

    Exemptions

  • Homeowner Exemption: Yes

About Santa Cruz



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Frequently Asked Questions

What neighborhood is 885 Old Mill Pond Road located in?
The 885 Old Mill Pond Road is a located in the neighborhood of Santa Cruz in Santa Cruz, Los Gatos.
What is the average sales price for listings in 885 Old Mill Pond Road?
The average sales price for units in 885 Old Mill Pond Road is $0 currently.

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