NOT LISTED FOR SALE

Estimated Value: $2,703,000 - $3,307,000

4 Beds
3 Baths
2,203 Sq Ft
$1,373/Sq Ft Est. Value

Last Sold May 03, 2019

Last sale price $2,050,000 $931 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $18,743/month

10 Days on Market

Highlights

  • Mountain View
  • Deck
  • Wood Flooring
  • Louise Van Meter Elementary School Rated A
  • Contemporary Architecture
  • Main Floor Bedroom

About This Home

As of May 2019

Executive lifestyle combining urban luxury with amazing location. Boutique Montecito community of 25 homes are situated within the top rated Los Gatos schools boundaries. Gourmet kitchen with granite counter tops, honey walnut cabinets, wood floors, spacious dining area and plenty of natural light. Elegant gas fireplace and dining area. Open floor-plan with elegant oversized island. Spacious master bedroom with a spa-like bathroom with deep soaking tub and a large walk-in closet. Private wraparound outdoor entertaining and garden area. Walking distance to shopping, restaurants, Whole foods, Vasona Park and trail.

Last Agent to Sell the Property

Zdenka Mahan

Intero Real Estate Services License #01434045 Listed on: 03/23/2019

Intero Real Estate Services

Last Buyer's Agent

Jeff Cole

Compass License #01875671

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,455

Year Built

  • Built in 2013

Lot Details

  • 3,607 Sq Ft Lot
  • Property is Fully Fenced
  • Grass Covered Lot
  • Zoning described as CH

HOA Fees

  • $180 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Guest Parking

Property Views

  • Mountain
  • Neighborhood

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 2,203 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • Dining Area

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Low Flow Toliet
  • Bathtub with Shower
  • Low Flow Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Washer and Dryer

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • 220 Volts

Community Details

  • Association fees include common area electricity, insurance - common area, landscaping / gardening, maintenance - common area, maintenance - road
  • Montecito At Los Gatos Association
  • Built by Montecito At Los Gatos
  • The community has rules related to parking rules

Listing and Financial Details

  • Assessor Parcel Number 529-65-013

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,455

Year Built

Built in 2013

Lot Details

0

HOA Fees

$180 per month

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Contemporary
  • Restrictions: Parking Restrictions
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 25
  • Structure Sq Ft: 2203
  • Complex Name: Montecito At Los Gatos
  • Year Built: 2013
  • Zoning Description: CH
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Burning, Gas Starter, Living Room
  • Dining Room: Dining Area, Dining Bar, Eat in Kitchen
  • Kitchen: 220 Volt Outlet, Cooktop - Gas, Countertop - Granite, Dishwasher, Garbage Disposal, Island, Microwave, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 2203
  • Stories: 2
  • Bedrooms: Ground Floor Bedroom, Walk-in Closet
  • Laundry: Upper Floor, Washer / Dryer
  • Flooring: Hardwood, Tile
  • Additional Rooms: Laundry Room
  • Fireplaces Min: 1
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Bathroom: Full on Ground Floor, Shower over Tub - 1
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Tile
  • View: Mountains, Neighborhood
  • Yard/Grounds: Deck, Low Maintenance
  • Fencing: Complete Perimeter

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage, Guest / Visitor Parking

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Condo/Co-op/Association

  • HOA Fees: 180
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Insurance - Common Area, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Road
  • H O A Name Text: Montecito At Los Gatos
  • H O A Exist: Yes

Schools

  • High School: 262

Lot Info

  • Parcel Number: 529-65-013
  • Lot Acres: 0.0828
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3607.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 3607.00

Green Features

  • Energy Features: Double Pane Windows, Low Flow Shower, Low Flow Toilet

Multi Family

  • Utilities: Individual Electric Meters, Public Utilities

MLS Schools

  • High School District Text: Los Gatos-Saratoga Joint Union High
  • Elementary School Text: Louise Van Meter Elementary
  • High School Text: Los Gatos High
  • Middle School Text: Raymond J. Fisher Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2019
Closed on
Apr 11, 2019
Sold by
Wu Vincent H
Bought by
Kim Jung Sik and Kwon Suyeon
Seller's Agent
Zdenka Mahan
Intero Real Estate Services
Buyer's Agent
Jeff Cole
Compass
List Price
$1,920,000
Sold Price
$2,050,000
Premium/Discount to List
$130,000
6.77%
Current Estimated Value
$3,125,194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,075,194
Avg. Annual Appreciation
6.18%
Original Mortgage
$950,000
Outstanding Balance
$833,520
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$2,191,688

Purchase Details

Listed on
Mar 23, 2019
Closed on
Apr 5, 2019
Sold by
Tsai Yu An
Bought by
Wu Vincent H
Seller's Agent
Zdenka Mahan
Intero Real Estate Services
Buyer's Agent
Jeff Cole
Compass
List Price
$1,920,000
Sold Price
$2,050,000
Premium/Discount to List
$130,000
6.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Outstanding Balance
$833,520
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$2,191,688

Purchase Details

Listed on
Mar 23, 2019
Closed on
Apr 1, 2019
Sold by
Wu Vincent H and Tsai Yu An
Bought by
Wu Vincent H and Tsai Yu An
Seller's Agent
Zdenka Mahan
Intero Real Estate Services
Buyer's Agent
Jeff Cole
Compass
List Price
$1,920,000
Sold Price
$2,050,000
Premium/Discount to List
$130,000
6.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Outstanding Balance
$833,520
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$2,191,688

Purchase Details

Closed on
Aug 11, 2016
Sold by
Wu Vincent H
Bought by
Wu Vincent H and Tsai Yu An

Purchase Details

Closed on
Aug 1, 2016
Sold by
Wu Vincent H and Tsai Yu An
Bought by
Wu Vincent H and Tsai Yu An

Purchase Details

Closed on
Feb 20, 2014
Sold by
Tsai Yu An
Bought by
Wu Vincent H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,188,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 2014
Sold by
Dr Horton Bay Inc
Bought by
Wu Vincent H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,188,000
Interest Rate
4.38%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Kim Jung Sik $2,050,000 First American Title Company
Wu Vincent H -- First American Title Co
Wu Vincent H -- First American Title Company
Wu Vincent H -- None Available
Wu Vincent H -- None Available
Wu Vincent H -- First American Title Company
Wu Vincent H $1,485,500 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Jung Sik $950,000
Previous Owner Wu Vincent H $1,188,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2019 05/03/19 Sold $2,050,000 +6.8% $931 / Sq Ft
04/03/2019 04/03/19 Pending -- -- --
03/23/2019 03/23/19 For Sale $1,920,000 -- $872 / 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
2025 $26,455 $2,286,809 $1,829,449 $457,360
2024 $26,455 $2,241,971 $1,793,578 $448,393
2023 $25,993 $2,198,011 $1,758,410 $439,601
2022 $25,824 $2,154,914 $1,723,932 $430,982
2021 $25,406 $2,112,662 $1,690,130 $422,532
2020 $23,527 $1,966,000 $1,572,800 $393,200
2019 $19,882 $1,632,045 $934,079 $697,966
2018 $19,607 $1,600,045 $915,764 $684,281
2017 $19,560 $1,568,672 $897,808 $670,864
2016 $18,976 $1,537,914 $880,204 $657,710
2015 $18,858 $1,514,814 $866,983 $647,831
2014 $6,712 $492,044 $231,044 $261,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81743901

MLSListings

APN: 529-65-013