115 Towne Ter
Description
- Listed by Matthew Thomson • DRE #01471708 • Brokerage DRE #00586119 • Newmark Cornish & Carey • 650-515-6555
- Listed by Brian Henry • DRE #01385537 • Brokerage DRE #00586119 • Cornish & Carey Commercial
Property Details for 115 Towne Terrace
Property Details for 115 Towne Terrace
| Status | Sold |
|---|---|
| MLS # | ML81846814 |
| Days on Compass | 114 |
| Taxes | $45,691 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | 5+ Units / Five or More Units |
| Year Built | 1961 |
| Lot Size | 0.28 AC / 12,396 SF |
| County | Santa Clara County |
Location
Sold By Newmark Cornish & Carey, Matthew Thomson, DRE #01471708; Cornish & Carey Commercial, Brian Henry, DRE #01385537
Building Information for 115 Towne Terrace
Payment Calculator
$20,793 per month
30 year fixed, 6.15% Interest
$16,985
$3,808
$0
Property Information for 115 Towne Terrace
- Fireplace: No
- Living SqFt: 5404
- Pool: No
- Security Features: Security Lights
- Special Features: Parking
- Cooling: None
- Heating: Wall Furnace
- Meters: Separate Electric, Separate Gas
- Sewer Septic: Sewer Connected
- Utilities: Public Utilities
- Water: Public
- Carport Min: 14
- Garage and Parking: Carport
- HOA Amenities: BBQ Area
- HOA Exists: 0
- HOA Fee: $0
- Min Num Of Units in Complex: 8
- Area Text: Los Gatos/Monte Sereno
- Restrictions: None
- Roof: Composition, Shingle
- Stories: 0.0
- Subclass: Five or More Units
- Year Built Source: Assessor
- Street Number: 115
- Street Name: Towne
- Street Suffix: Terrace
- Area ID: 16
- Number of Buildings: 1
- Structure SqFt: 5404
- Structure SqFt Source: Assessor
- Age: 60
- Construction Type: Wood Frame
- Zoning Detail: RM520
- Parcel Number: 529-08-048-1
- County Name: Santa Clara
- City Name: LOS GATOS
- City Postal ID: 30
- Postal Code: 95032
- Elementary School District: 461
- High School District Text: Los Gatos-Saratoga Joint Union High
- Foundation: Concrete Perimeter
- Lot Acres: .28
- Lot Size Area Maximum Units: Square Feet
- Lot Size Area Minimum Units: Square Feet
- Lot Size Source: Assessor
- No Of Leased: 8
- Annual Tax Amount: $45,691
- Capitalization Rate: 2.90
- Tenant Expenses: Utilities - Electric, Utilities - Gas
- Income Includes: Laundry, Rents
- Vacancy Factor: 3
- Expense Insurance: $3,339
- Expense Landscape: $3,268
- Expense Maintenance: $4,000
- Expense Management: $0
- Expense Trash: $2,356
- Expenses Other: $2,240
- Expenses Utility: $5,518
- Expenses Total: $66,412
- Operating Expenses Include: Fee - Property Tax, Insurance, Services - Gardener, Services - Sewer, Services - Trash Removal, Utilities - Water
- Gross Rent Multiplier: 20.52
- Income Annual Gross: $171,457
- Income Annual Rental: $174,840
- Income Gross Scheduled: $176,760
- Income Other: $1,920
- Unit 1 Full Bathrooms: 1
- Unit 1 Number of Bedrooms: 2
- Unit 1 Rent: $1,480
- Unit 1 Type: Apartment
- Unit 2 Approx Square Footage: 650
- Unit 2 Full Bathrooms: 1
- Unit 2 Number of Bedrooms: 1
- Unit 2 Rent: $1,400
- Unit 2 Type: Apartment
- Unit 3 Rent: $0
- Unit 4 Rent: $0
- Unit Type1 Approx SqFt: 752
- Lease Type: Net
Property History for 115 Towne Terrace
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Dec 6, 2021 | Sold MLSListings #ML81846814 | $3,485,000 | — |
| Dec 6, 2021 | Sold RESFAR #81846814 | $3,485,000 | — |
| Nov 30, 2021 | Sold (Public Record) Public Record #1478461933 | $3,485,000 | — |
| Sep 25, 2021 | Temporarily Off Market EBRD #ML81845475 | — | |
| Sep 24, 2021 | Temporarily Off Market EBRD #ML81846814 | — | |
| Sep 24, 2021 | Pending RESFAR #81846814 | — | |
| Sep 24, 2021 | Pending EBRD #ML81846814 | — | |
| Sep 24, 2021 | Expired MLSListings #ML81845475 | $7,380,000 | — |
| Sep 24, 2021 | Pending MLSListings #ML81846814 | — | |
| Aug 10, 2021 | Expired EBRD #ML81845475 | — | |
| Aug 10, 2021 | Temporarily Off Market EBRD #ML81845475 | — | |
| Aug 10, 2021 | Temporarily Off Market MLSListings #ML81845475 | — | |
| Jul 21, 2021 | Price Change EBRD #ML81846814 | $3,626,715 | — |
| Jul 21, 2021 | Price Change EBRD #ML81845475 | $7,380,000 | — |
| Jul 21, 2021 | Price Change MLSListings #ML81846814 | $3,626,715 | — |
| Jun 2, 2021 | Listed (Active) EBRD #ML81846814 | $3,725,000 | — |
| Jun 2, 2021 | Listed (Active) RESFAR #81846814 | $3,626,715 | — |
| Jun 2, 2021 | Listed (Active) MLSListings #ML81846814 | $3,725,000 | — |
| May 24, 2021 | Listed (Active) EBRD #ML81845475 | $7,580,000 | — |
| May 24, 2021 | Listed (Active) MLSListings #ML81845475 | $7,580,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 12/06/2021 | Sold MLSListings #ML81846814 | $3,485,000 |
| 12/06/2021 | Sold RESFAR #81846814 | $3,485,000 |
| 11/30/2021 | Sold (Public Record) Public Record #1478461933 | $3,485,000 |
| 09/25/2021 | Temporarily Off Market EBRD #ML81845475 | — |
| 09/24/2021 | Temporarily Off Market EBRD #ML81846814 | — |
| 09/24/2021 | Pending RESFAR #81846814 | — |
| 09/24/2021 | Pending EBRD #ML81846814 | — |
| 09/24/2021 | Expired MLSListings #ML81845475 | $7,380,000 |
| 09/24/2021 | Pending MLSListings #ML81846814 | — |
| 08/10/2021 | Expired EBRD #ML81845475 | — |
| 08/10/2021 | Temporarily Off Market EBRD #ML81845475 | — |
| 08/10/2021 | Temporarily Off Market MLSListings #ML81845475 | — |
| 07/21/2021 | Price Change EBRD #ML81846814 | $3,626,715 |
| 07/21/2021 | Price Change EBRD #ML81845475 | $7,380,000 |
| 07/21/2021 | Price Change MLSListings #ML81846814 | $3,626,715 |
| 06/02/2021 | Listed (Active) EBRD #ML81846814 | $3,725,000 |
| 06/02/2021 | Listed (Active) RESFAR #81846814 | $3,626,715 |
| 06/02/2021 | Listed (Active) MLSListings #ML81846814 | $3,725,000 |
| 05/24/2021 | Listed (Active) EBRD #ML81845475 | $7,580,000 |
| 05/24/2021 | Listed (Active) MLSListings #ML81845475 | $7,580,000 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 115 Towne Terrace
Schools near 115 Towne Terrace
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 6 to 8 |
Rating | School | Distance |
|---|---|---|
Daves Avenue Elementary School PublicK to 5 | ||
Loma Prieta Elementary School PublicK to 5 | ||
Raymond J. Fisher Middle School Public6 to 8 | ||
C. T. English Middle School Public6 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Newmark Cornish & Carey, Matthew Thomson, DRE #01471708; Cornish & Carey Commercial, Brian Henry, DRE #01385537
Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.