tomo logo

$3,700,000

Beds
4
Baths
4.0
sq ft
3,000

467 University Ave, Los Gatos, CA 95032

467 University Ave

Los Gatos, CA 95032

  • <1 day on market
    • Open house Mar 08
Now, you have to feast your eyes on this beautiful custom Craftsman home with a multitude of enhancements in the remodel by a well known local Contractor. From 12' ceilings in the huge formal Living room and 9' ceilings throughout the rest of the home one can enjoy the open floor plan. Stunning kitchen with high end finishes from the dynamite cabinets to the random plank hardwood floors. Approximately 3000 square feet, 4 bedrooms (All En-suite) and 4 full bathrooms. There are two Primary Bedrooms of which one is on the main level. You will not believe the "Over-The-Top" Spectacular, Masterfully designed Primary bathroom that is luxury-Spa quality. There is an open Family Room that adjoins three of the bedrooms, which is a Perfect sanctuary for kids... An abundance of windows and natural light. Solar system owned--tesla charging station. 7000sf lot. Downtown Los Gatos location, walking distance to everything. Los Gatos Schools...

Details

Property type

Single Family Residence

Est. home value

$3,253,719

Lot size

7,200 sq ft

Price per sq ft

$1,234

Year built

1880

HOA

No

Price History

03/04/2025
BridgeMLS

BridgeMLS #ML81996372

Listed
$3,700,000
+4.23%
09/23/2024
SFAR

SFAR #81979014

Sold
$3,550,000
+47.61%
09/18/2020
BridgeMLS

BridgeMLS #ML81797068

Sold
$2,405,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$1,733,341
Asking price
$3,700,000
Closing costs (~8% of asking)
-$296,000
Est. remaining loan balance
-$1,670,659
Cash to seller
$1,733,341

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

Seller’s Loan History

Lender

Us Bank Na

Loan start date

September 2020

Original loan amount

$1,855,000

Est. remaining balance

$1,670,659

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

Jason Malat and Meena Patel

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?

Status: Active

Tomo last checked: 03/04/2025 at 8:30 PM

Listing updated: 03/04/2025 at 7:55 PM

Listed by: Chuck Nunnally, KW Bay Area Estates Phone #: (408) 568-1779

MLS: BridgeMLS #ML81996372

BridgeMLS logo

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