Located in the heart of downtown Los Gatos, opportunity awaits the investor or homeowner that wants additional income from an ADU. Hardwood floors, dual pane windows, freshly painted interior and exterior, new fully equipped kitchen including S/S appliances enhance the main dwelling. Situated on a corner lot, the property offers easy access to the backyard & entrance to the fully refurbished ADU: New kitchen including all appliances, bath refresh and freshly painted interior and exterior. The low maintenance backyard has recently been updated with new fences and gates. A stroll away from the Town Plaza, LG Farmer's market, fine dining, shops, trails & all the outdoor activities this charming town has to offer.
Sold for $1,750,000
Tax assessed value
$1,750,000
550 University Ave, Los Gatos, CA 95032
2beds
1,104sqft
Single Family Residence, Residential
Built in 1947
9,148 Square Feet Lot
$2,221,600 Zestimate®
$1,585/sqft
$4,933 Estimated rent
Home value
$2,221,600
$2.00M - $2.51M
$4,933/mo
Zestimate® history
Owner options
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$4,933/mo
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$4,933/mo
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$11,197/mo
Est. payment
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$11,197/mo
Est. payment
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List your homeWhat's special
Freshly painted interiorFine diningCorner lotLow maintenance backyardNew kitchenNew fencesHardwood floors
Zillow last checked:
Listing updated:
Listed by:
Rick Zea 00880772 408-205-8050,
The Agency 650-668-0200
Bought with:
, 01895141
The Agency
Source: MLSListings Inc,MLS#: ML81956059
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 3
Bedroom
- Features: GroundFloorBedroom
Bathroom
- Features: ShowersoverTubs2plus
Dining room
- Features: DiningL
Family room
- Features: NoFamilyRoom
Kitchen
- Features: ExhaustFan, Island
Heating
- Central Forced Air Gas, Heat Pump
Cooling
- Central Air, Other
Appliances
- Included: Exhaust Fan, Built In Gas Oven/Range, Refrigerator, Washer/Dryer
- Laundry: Inside
Features
- Flooring: Carpet, Hardwood, Vinyl Linoleum
- Fireplace features: Living Room
Interior area
- Total structure area: 1,104
- Total interior livable area: 1,104 sqft
Property
Parking
- Parking features: No Garage, Off Street, Parking Restrictions
Features
- Stories: 1
- Fencing: Back Yard,Front Yard
Lot
- Size: 9,148 Square Feet
Details
- Parcel number: 52909005
- Zoning: RM520
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence, Residential
Materials
- Foundation: Slab, Concrete Perimeter and Slab
- Roof: Composition
Condition
- New construction: No
- Year built: 1947
Utilities & green energy
- Gas: PublicUtilities
- Water: Public
- Utilities for property: Public Utilities, Water Public
Community & HOA
Location
- Region: Los Gatos
Financial & listing details
- Price per square foot: $1,585/sqft
- Tax assessed value: $1,750,000
- Annual tax amount: $21,794
- Date on market: 3/29/2024
- Listing agreement: ExclusiveRightToSell
Price history
| Date | Event | Price |
|---|---|---|
| 12/26/2024 | Sold | $1,750,000$1,585/sqft |
Source: Public Record Report a problem | ||
| 5/24/2024 | Sold | $1,750,000+0%$1,585/sqft |
Source:  MLSListings Inc #ML81956059 Report a problem | ||
| 5/13/2024 | Pending sale | $1,749,950$1,585/sqft |
Source: MLSListings Inc #ML81956059 Report a problem | ||
| 5/8/2024 | Price change | $1,749,950-10.3%$1,585/sqft |
Source: MLSListings Inc #ML81956059 Report a problem | ||
| 4/18/2024 | Price change | $1,950,000-7.1%$1,766/sqft |
Source: MLSListings Inc #ML81956059 Report a problem | ||
| 3/29/2024 | Listed for sale | $2,099,000+235.8%$1,901/sqft |
Source: MLSListings Inc #ML81956059 Report a problem | ||
| 3/10/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 9/6/2017 | Listing removed | $3,400$3/sqft |
Source: Owner Report a problem | ||
| 8/28/2017 | Listed for rent | $3,400+3%$3/sqft |
Source: Owner Report a problem | ||
| 2/28/2016 | Listing removed | $3,300$3/sqft |
Source: Owner Report a problem | ||
| 2/18/2016 | Price change | $3,300-2.9%$3/sqft |
Source: Owner Report a problem | ||
| 2/10/2016 | Listed for rent | $3,400$3/sqft |
Source: Owner Report a problem | ||
| 8/31/2000 | Sold | $625,000$566/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $21,794 +79.8% | $1,750,000 +89.5% |
| 2024 | $12,120 +2% | $923,294 +2% |
| 2023 | $11,878 +0.6% | $905,191 +2% |
| 2022 | $11,812 +2% | $887,443 +2% |
| 2021 | $11,576 +1.9% | $870,044 +1% |
| 2020 | $11,356 | $861,124 +2% |
| 2019 | $11,356 +3.1% | $844,240 +2% |
| 2018 | $11,016 | $827,687 +2% |
| 2017 | $11,016 +0.5% | $811,459 +2% |
| 2016 | $10,965 +4.1% | $795,549 +1.5% |
| 2015 | $10,536 +1.9% | $783,600 +2% |
| 2014 | $10,342 | $768,252 +0.5% |
| 2013 | -- | $764,781 +2% |
| 2012 | -- | $749,786 +2% |
| 2011 | -- | $735,085 +0.8% |
| 2010 | -- | $729,592 +26.9% |
| 2009 | -- | $575,100 -15% |
| 2008 | -- | $676,700 +11% |
| 2007 | -- | $609,700 +1% |
| 2006 | -- | $603,700 +6% |
| 2005 | -- | $569,700 +15% |
| 2004 | -- | $495,500 +1% |
| 2003 | -- | $490,700 +10% |
| 2002 | -- | $446,200 -28.6% |
| 2001 | -- | $625,000 |
Find assessor info on the county website
Neighborhood: 95032
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Nearby schools
GreatSchools rating
- 10/10Daves Avenue Elementary SchoolGrades: K-5Distance: 0.6 mi
- 9/10Raymond J. Fisher Middle SchoolGrades: 6-8Distance: 0.5 mi
- 10/10Los Gatos High SchoolGrades: 9-12Distance: 0.6 mi
Schools provided by the listing agent
- District: LomaPrietaJointUnionElementary
Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$2,221,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$2,221,600
- California
- Santa Clara County
- Los Gatos
- 95032
- 550 University Ave
Nearby cities
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Other Los Gatos Topics
