331 Penn Way
Los Gatos, CA 95032
3 bd 2 ba 1,191 sqft Built 1960 Lot 7,843 sqft single_family
Most recent sale
$1,850,000
Jul 3, 2023
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 3, 2023 | Sold | $1,850,000 | Public Record |
| May 9, 2023 | Sold | $1,850,000 | MLSListings |
| Apr 5, 2023 | Listing removed | $1,899,999 | MLSListings |
| Mar 2, 2023 | Listed | $1,899,999 | MLSListings |
| Dec 17, 2022 | Listing removed | $2,099,888 | MLSListings |
| Nov 11, 2022 | Price changed | $2,099,888 | MLSListings |
| Oct 11, 2022 | Listed | $2,199,888 | MLSListings |
| May 29, 2008 | Sold | $815,000 | Public Record |
| Jul 30, 1996 | Sold | $299,500 | Public Record |
| Feb 26, 1993 | Sold | $245,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $208,080 | $1,716,660 | $1,924,740 | $24,876 |
| 2024 | $208,080 | $1,716,660 | $1,924,740 | $24,278 |
| 2023 | $257,293 | $771,642 | $1,028,935 | $13,763 |
| 2022 | $252,249 | $756,512 | $1,008,761 | $13,470 |
| 2021 | $247,303 | $741,679 | $988,982 | $13,240 |
| 2020 | $244,768 | $734,074 | $978,842 | $13,034 |
| 2019 | $239,969 | $719,681 | $959,650 | $12,694 |
| 2018 | $235,264 | $705,570 | $940,834 | $12,425 |
| 2017 | $230,651 | $691,736 | $922,387 | $12,231 |
| 2016 | $226,129 | $678,173 | $904,302 | $11,608 |
| 2015 | $222,733 | $667,987 | $890,720 | $11,383 |
| 2014 | $218,370 | $654,903 | $873,273 | $11,110 |
| 2013 | $178,500 | $535,500 | $714,000 | $9,001 |
| 2012 | $167,800 | $503,200 | $671,000 | $8,562 |
| 2010 | $160,000 | $479,000 | $639,000 | $9,043 |
| 2009 | $182,900 | $548,600 | $731,500 | $8,666 |
| 2008 | $88,032 | $283,326 | $371,358 | $4,637 |
| 2007 | $86,306 | $277,771 | $364,077 | $4,578 |
Property facts
Year built
1960
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,191 sqft
Lot size
7,843 sqft
ZIP code
95032
City
Los Gatos
Street
Penn Way
Coordinates
37.24896, -121.95357
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$11,100
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 331 Penn Way last sell?
331 Penn Way most recently sold on Jul 3, 2023 for $1,850,000.
What is the current tax assessment for 331 Penn Way?
The most recent total assessment for 331 Penn Way (year 2025) is $1,924,740 with $24,876 in property tax.
How does 331 Penn Way's assessment compare to its last sale price?
The current assessment is 4.0% above the last sale price of $1,850,000.
When was 331 Penn Way built?
331 Penn Way was built in 1960.
How does 331 Penn Way compare to others on Penn Way?
We track 8 other properties on Penn Way. Browse the list under "Other properties on Penn Way" to compare beds, baths, and sale history.
What are the property facts for 331 Penn Way?
331 Penn Way is a 3 bed, 2 bath, 1,191 sqft, 7,843 sqft lot single_family.
Is 331 Penn Way a flip candidate?
No — 331 Penn Way does not appear in our flips dataset.
Is 331 Penn Way a tax-appeal candidate?
No — 331 Penn Way is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.9%
Implied 1-yr
+3.7%
2026 Q3
$2.93M
2026 Q4
$2.95M
ZIP 95032 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Penn Way