tomo logo

$889,000

Beds
2
Baths
2.5
sq ft
1,120

420 Alberto Way Unit 51, Los Gatos, CA 95032

420 Alberto Way Unit 51

Los Gatos, CA 95032

  • 12 days on market
    • Open house Jan 25
Welcome to your new home! This charming residence boasts 2 bedrooms and 2.5 bathrooms within a spacious 1,120 sq. ft layout. The well-equipped kitchen features modern amenities, perfect for culinary enthusiasts. The open dining area provides a welcoming space for meals and gatherings. Enjoy the cozy ambiance of the living room, complete with an elegant fireplace for those cooler evenings. Laundry is conveniently located on the upper floor next to the bedrooms and comes with a washer and dryer. Enjoy stunning Santa Cruz mountain views and the perfect location within the community next to the pool. The home is located in a more peaceful pocket of the community and does not face the street. The community offers fantastic amenities, including a heated pool that is perfect for relaxation and recreation. Additionally, the property includes 2 assigned garage spaces with additional storage, providing ample parking. Ideally located, this home is situated within the Los Gatos Union Elementary School District and features the Top Los Gatos Schools. This is your opportunity to enjoy all the best Los Gatos has to offer at a fantastic price. The home is exceptionally close to downtown Los Gatos and desirable amenities, shopping and dining, top tech companies, and convenient commute routes.

Details

Property type

Condominium

Est. home value

$897,998

Lot size

Unknown

Price per sq ft

$794

Year built

1970

Monthly HOA fee

$720

Price History

01/10/2025
BridgeMLS

BridgeMLS #ML81990023

Listed
$889,000
-1.77%
08/29/2022
BridgeMLS

BridgeMLS #41003633

Sold
$905,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

High school district: 

Los Gatos-Saratoga Joint Union High

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$117,546
Asking price
$889,000
Closing costs (~8% of asking)
-$71,120
Est. remaining loan balance
-$700,334
Cash to seller
$117,546

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Bank Of America Na

Loan start date

August 2022

Original loan amount

$724,000

Est. remaining balance

$700,334

Interest rate

5.7%

Loan type

New Conventional, 30 year

Seller

Deepti Chugani and Bobby Chugani

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 01/22/2025 at 9:50 PM

Listing updated: 01/22/2025 at 7:50 PM

Listed by: Travis Conte, Berkshire Hathaway HomeServices DrysdaleProperties Phone #: (650) 520-5753

MLS: BridgeMLS #ML81990023

BridgeMLS logo

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