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115 Towne Ter, Los Gatos, CA, 95032
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Home sold for $3,485,000 in 188 days

115 Towne Ter Los Gatos, CA, 95032

Off the market 5,404 sqft

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PRICE REDUCTION - 115 Towne Terrace provides an opportunity to acquire an immaculately updated and maintained 8 unit apartment building in the heart of downtown Los Gatos in an infill "A" location. The property is comprised of (2) 2x1s and (6) 1x1s. The exterior boasts the following major upgrades: new dual pane windows throughout, new paint, new roof in 2013 & asphalt resealed in 2018. A short walk to Vasona Lake County Park, University Ave, and N Santa Cruz you are steps away from all the cultural amenities, shops, restaurants, and entertainment downtown Los Gatos has to offer. The building is a short walk to Safeway, Campo Di Bocce, Old Town Los Gatos Shopping center and the Los Gatos Creek Walking Trail. Average home price over $1.8M, top ranked schools, near major employers. 115 Towne Terrace and 205 Avery Lane are available to purchase separately or together as a 16 unit complex. There are on adjacent parcels on a corner lot.
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Property details

5,404 sqft interior area
Property type
Home
Interior area
5,404 sqft
Land area
12,196 sqft (0.28 acres)
Price per sqft
$644/sqft
Address
115 Towne Ter, Los Gatos, CA, 95032
City of California
Los Gatos
County
Santa Clara
Sold price
$3,485,000
Year Built
1961
District
Los Gatos/monte Sereno

Open Houses

No upcoming open houses

Interior Features

Heathing & Cooling
None, Wall Furnace
Appliances
Refrigerator

Listed by

Matthew Thomson, Newmark Cornish & Carey
Name
Matthew Thomson
License number
01471708
Brokerage company
Newmark Cornish & Carey
MLS #
ML81846814

Buyer agent

Name
Matthew Thomson
Brokerage company
Newmark Cornish & Carey

Payment calculator

Calculate your monthly payments
Mortgage
$10,700
Taxes
$0
HOA dues
$0
$10,700 per month
Mortgage
$697,000 / 20%
2.28%
30 years
Your amount $10,700 / month

Exterior Features

Shingle roof
Roof
Shingle

Lot details

TMK #529080481
Parcel nr.
529080481

95032 info

Essentials nearby
Neighborhood stats
Coffee shops
no data
Bus stop
no data
Supermarket
no data
Costco
no data
Hospital
no data
Park
no data
Beach
no data
Elementary school
no data
Middle school
no data
High school
no data
Local airport
no data

People living in 95032

46%
Families with children
National average: 39%
28%
Non family households
191,336
Population
$200,854
Average Income

Age & gender

Median age 44 years
More info

Commute types

86% commute by car
More info

Education level

34% have bachelor education
More info

Number of employees

3% work in management
More info

Vehicles available

45% have 2 vehicle
More info

Vehicles by gender

45% have 2 vehicle
More info

Housing market insights for

$2.75m
Neighborhood average
sales price*
$2.43m
Neighborhood median
sales price*
224
Number
of sales*

Housing type

64% are single detacheds
More info

Rooms

31% of the houses have 4 or 5 rooms
More info

Bedrooms

54% have 2 or 3 bedrooms
More info

Owners vs Renters

70% are owners
More info

Schools

15 schools with rating up to 9
School rating Distance
NR
St. Mary Elementary School
30 Lyndon Avenue, Los Gatos, CA 95030
Elementary School
0.621mi
NR
Fusion Academy Los Gatos
50 University Avenue, Los Gatos, CA 95030
Middle School
0.571mi
NR
Fusion Academy Los Gatos
50 University Avenue, Los Gatos, CA 95030
High School
0.571mi
School rating Distance
NR
St. Mary Elementary School
30 Lyndon Avenue, Los Gatos, CA 95030
0.621mi
7
out of 10
Louise Van Meter Elementary School
16445 Los Gatos Boulevard, Los Gatos, CA 95032
0.641mi
NR
Los Gatos-Saratoga Juhsd Adult Education Program
17421 Farley Road West, Los Gatos, CA 95030
0.678mi
8
out of 10
Daves Avenue Elementary School
17770 Daves Avenue, Los Gatos, CA 95030
0.746mi
NR
Liber Community School
16555 Shannon Rd., Los Gatos, CA 95032
0.998mi
School rating Distance
NR
Fusion Academy Los Gatos
50 University Avenue, Los Gatos, CA 95030
0.571mi
8
out of 10
Raymond J. Fisher Middle School
19195 Fisher Avenue, Los Gatos, CA 95032
0.603mi
NR
St. Mary Elementary School
30 Lyndon Avenue, Los Gatos, CA 95030
0.621mi
NR
Los Gatos-Saratoga Juhsd Adult Education Program
17421 Farley Road West, Los Gatos, CA 95030
0.678mi
NR
Liber Community School
16555 Shannon Rd., Los Gatos, CA 95032
0.998mi
School rating Distance
NR
Fusion Academy Los Gatos
50 University Avenue, Los Gatos, CA 95030
0.571mi
9
out of 10
Los Gatos High School
20 High School Court, Los Gatos, CA 95030
0.665mi
NR
Los Gatos-Saratoga Juhsd Adult Education Program
17421 Farley Road West, Los Gatos, CA 95030
0.678mi
NR
Liber Community School
16555 Shannon Rd., Los Gatos, CA 95032
0.998mi
NR
Highland Institute for Better Education
109 Belvue Drive, Los Gatos, CA 95032
3.501mi
School ratings provided by Greatschools.org © 2023. All rights reserved.

Price history

Sold Dec 6, 2021
Date Event Price $/sqft Source
Dec 6, 2021 Sold $3,485,000 644.89 Public Record
Dec 6, 2021 Price Decrease $3,485,000 -6.44% 644.89 MLS #ML81846814
Sep 24, 2021 Under contract $3,725,000 689.3 MLS #ML81846814
Jun 2, 2021 New Listing $3,725,000 689.3 MLS #ML81846814

Taxes of 115 Towne Ter, Los Gatos, CA, 95032

RM52 zoning / MLS #ML81846814
Zoning
RM52

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Frequently Asked Questions about 115 Towne Ter

What is 115 Towne Ter?

115 Towne Ter, Los Gatos, CA, 95032 is a single family home located in the city of Los Gatos, California with zipcode 95032. This single family home has with an interior area of 5,404 sqft.

Which year was this home built?

This home was build in 1961.

Which year was this property last sold?

This property was sold in 2021.

What is the full address of this Home?

115 Towne Ter, Los Gatos, CA, 95032.

Are grocery stores nearby?

The closest grocery stores are Safeway, 0.1 miles away and Lunardi's, 0.85 miles away.

What is the neighborhood like?

The 95032 zip area has a population of 191,336, and 46% of the families have children. The median age is 44.79 years and 86% commute by car. The most popular housing type is "single detached" and 70% is owner.

Based on information from the bridgeMLS as of 03-28-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Listing last updated on: Dec 08, 2021
Verhouse Last checked 2 minutes ago

115 Towne Ter, Los Gatos, CA, 95032 is a single family home located in the city of Los Gatos, California with zipcode 95032. This single family home has with an interior area of 5,404 sqft on a 12,396 sqft sqft lot. This house was build in 1961.
The closest grocery stores are Safeway, 0.1 miles away and Lunardi's, 0.85 miles away.
The 95032 zip area has a population of 191,336, and 46% of the families have children. The median age is 44.79 years and 86% commute by car. The most popular housing type is "single detached" and 70% is owner.

*Neighborhood & street median sales price are calculated over sold properties over the last 6 months.

Home Sold $3.49m 115 Towne Ter, Los Gatos, CA, 95032 5,404 sqft Save House Remove from Saved