Property Overview:
14225 Lora Dr, Apt 64 is a condominium unit in Los Gatos, CA, built in 1963. It features 2 bedrooms, 2 bathrooms, and 1,050 sq. ft. of living space. The home includes a parking garage, heating system, and double-pane windows. The estimated home value is $972,600 (last sold for $400,000 in 2015).
Neighborhood Highlights:
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Crime Rate:
- Personal crime risk: 4.5% (lower than state average of 11.8%).
- Property crime risk: 6.9% (lower than state average of 10.8%).
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Schools:
- Served by highly ranked schools: Marshal Lane Elementary, Rolling Hills Middle, and Westmont High.
- State average SAT score: 975.
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Job Market:
- 74.2% white-collar jobs, 25.9% blue-collar jobs.
- Unemployment rate: 2.1% (lower than state average of 4.7%).
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Demographics:
- Community population: 22,996 (22% growth since 2000).
- 67% families with children.
- Largest age group: 45-54 years (18.18%); second largest: 35-44 years (14.92%).
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Natural Disaster Risk:
- Moderate flood risk, low tornado risk, high earthquake risk.
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Weather:
- Average temperature: 41.3°F (January), 77.4°F (July).
- Average rainfall: 26.1 inches/year.
- Average snowfall: 0.1 inches/year.
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Cost of Living:
- Median household income: $115,651.
- Average annual spending: $76,252.
Property Features:
- End unit with lots of natural light and view windows (second floor/top floor).
- Great room concept: Open kitchen, living, dining, and den.
- Updated kitchen: New built-in microwave, newer stainless steel appliances, beautiful countertops.
- Newer carpet and fresh paint throughout.
- Large master bedroom with walk-in closet and separate A/C.
- Double-pane windows for energy efficiency.
- Elevator in building and designated storage space for each unit.
- HOA pays for water and garbage (unique feature).
- Assigned carport plus option to purchase additional parking; easy guest parking.
- Community amenities: Lush gardens, large rec room/clubhouse, onsite laundry, peaceful landscaped grounds.
- No pets (except service animals), no smoking.
Location Benefits:
- Prime location near La Rinconada Country Club, Bay Club Courtside, and downtown Los Gatos.
- Walking distance to schools, shopping centers, Los Gatos Creek Trail, and golf courses.
- Close to major employers: Netflix Headquarters, El Camino Hospital, Kaiser Permanente, Good Samaritan Hospital.
- Easy access to Highways 17 & 85 for commuters.
- Excellent for first-time buyers or as a rental property.
- Peaceful, tree-lined neighborhood with a strong community feel.