NOT LISTED FOR SALE

Estimated Value: $3,682,000 - $4,579,000

5 Beds
4.5 Baths
3,368 Sq Ft
$1,240/Sq Ft Est. Value

Last Sold October 29, 2021

Last sale price $3,600,121 $1,069 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $25,914/month

10 Days on Market

Highlights

  • New Construction
  • Contemporary Architecture
  • Soaking Tub in Primary Bathroom
  • Alta Vista Elementary School Rated A
  • Vaulted Ceiling
  • Wood Flooring

About This Home

As of October 2021

GPS address: 15975 Union Ave, Los Gatos. A modern take on the classic Spanish Villa, this stunning home channels unmistakable Mediterranean influences. Elevating the everyday with soaring ceilings, high-end finishes, & unmatched attention to detail, this brand-new residence offers a bright, open footprint. An arched entryway reveals a luxuriously appointed interior lined in hardwoods. Designed with ample windows, light floods a formal dining room & great room with commanding stone fireplace. Featuring soaring ceilings, the living room flows into a striking kitchen w/ quartz counters, S/S appliances, & wet bar with wine fridge. Poised for weekend visitors, the 1st floor features a bedroom with full bath & powder room. Beyond the kitchen, French doors open outwards into a sunny patio w/ covered veranda. Designed with 3 bedrooms/baths, the upstairs offers a primary suite with luxe, ensuite bath. Outfitted with a 3-car garage & ample storage, minutes to downtown Los Gatos 10+ schools.

Last Agent to Sell the Property

Joe Velasco

Compass License #01309200 Listed on: 08/24/2021

Compass

Last Buyer's Agent

Upasna Gupta

Excel Realty License #01953773

Excel Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $47,376

Year Built

  • 2021

Lot Details

  • 0.26 Acre Lot
  • Level Lot
  • Flag Lot
  • Sprinklers on Timer
  • Back Yard Fenced

Parking

  • 3 Car Garage
  • Off-Street Parking

Home Design

  • Contemporary Architecture
  • Spanish Architecture
  • Mediterranean Architecture
  • Raised Foundation
  • Wood Frame Construction
  • Ceiling Insulation
  • Floor Insulation
  • Tile Roof

Interior Spaces

  • 3,368 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Vaulted Ceiling
  • Gas Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • Formal Dining Room
  • Wood Flooring
  • Neighborhood Views
  • Fire Sprinkler System

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Eat-In Kitchen
  • Gas Oven
  • Range Hood
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • Dual Sinks
  • Low Flow Toliet
  • Soaking Tub in Primary Bathroom
  • Bathtub with Shower
  • Oversized Bathtub in Primary Bathroom
  • Bathtub Includes Tile Surround
  • Walk-in Shower
  • Low Flow Shower

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Eco-Friendly Details

  • Energy-Efficient HVAC
  • Energy-Efficient Insulation
  • ENERGY STAR/CFL/LED Lights

Outdoor Features

  • Balcony
  • Enclosed patio or porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan
  • Thermostat
  • 220 Volts
  • Tankless Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$47,376

Year Built

2021

Lot Details

0

Parking

3

Listing Details

  • Zoning: R140
  • Subclass: Single Family Home
  • Style: Contemporary, Mediterranean, Spanish
  • Listing Class: Residential
  • Structure Sq Ft: 3368
  • Construction: Completed-Never Occupied, New Construction
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2021

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Gas Burning, Living Room
  • Dining Room: Breakfast Nook, Dining Area, Eat In Kitchen, Formal Dining Room
  • Kitchen: 220 Volt Outlet, Countertop - Quartz, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Island With Sink, Microwave, Oven Range - Built-In, Gas, Oven Range - Gas, Refrigerator, Wine Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 3368
  • Stories: 2
  • Security: Fire System - Sprinkler
  • Bedrooms: Ground Floor Bedroom, Walk-In Closet
  • Laundry: Electricity Hookup (220V), Gas Hookup, Inside
  • Flooring: Hardwood
  • Additional Rooms: Laundry Room
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Bathroom: Double Sinks, Full On Ground Floor, Half On Ground Floor, Primary - Oversized Tub, Primary - Stall Shower(s), Showers Over Tubs - 2+, Tile, Tub

Exterior Features

  • Foundation: Raised
  • Roof: Tile
  • View: Neighborhood
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced, Porch - Enclosed, Sprinklers - Auto
  • Fencing: Fenced Back
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 3
  • Parking Spaces: 3
  • Garage Max: 3
  • Garage Min: 3
  • Garage Parking Features: Attached Garage, Off-Street Parking, Parking Area

Utilities

  • Cooling System: Central Ac, Multi-Zone
  • Heating System: Heating - 2+ Zones
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Open Beam Ceiling, Vaulted Ceiling, Walk-In Closet

Schools

  • School District: Campbell Union High
  • Elementary School: Alta Vista Elementary
  • Middle School: Union Middle
  • High School: Leigh High
  • High School: 240
  • Elementary School: 214
  • Middle School: 229

Lot Info

  • Lot Description: Flag Lot, Grade - Level
  • Lot Acres: 0.2606
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 11351.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 11351.00

Green Features

  • Energy Features: Ceiling Insulation, Double Pane Windows, Energy Star Appliances, Energy Star Hvac, Energy Star Lighting, Insulation - Floor, Low Flow Shower, Low Flow Toilet, Tankless Water Heater, Thermostat Controller, Walls Insulated

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2021
Closed on
Oct 12, 2021
Sold by
Bella Estates Llc
Bought by
Khasgiwala Mudit Sunilkumar and Shah Alpa
Seller's Agent
Joe Velasco
Compass
Buyer's Agent
Upasna Gupta
Excel Realty
List Price
$2,999,888
Sold Price
$3,600,121
Premium/Discount to List
$600,233
20.01%
Current Estimated Value
$4,011,956

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$411,835
Avg. Annual Appreciation
4.00%
Original Mortgage
$2,700,000
Outstanding Balance
$2,434,721
Interest Rate
1.75%
Mortgage Type
New Conventional
Estimated Equity
$1,740,629
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Khasgiwala Mudit Sunilkumar $3,600,500 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khasgiwala Mudit Sunilkumar $2,700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2021 10/29/21 Sold $3,600,121 +20.0% $1,069 / Sq Ft
09/04/2021 09/04/21 Pending -- -- --
08/24/2021 08/24/21 For Sale $2,999,888 -- $891 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $47,376 $3,745,565 $2,184,840 $1,560,725
2023 $41,747 $3,285,000 $1,916,100 $1,368,900
2022 $52,392 $3,600,121 $2,100,000 $1,500,121
2021 $27,591 $2,198,500 $1,545,850 $652,650
2020 $21,730 $1,732,216 $1,530,000 $202,216
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81859763

MLSListings

APN: 523-42-076