NOT LISTED FOR SALE

Estimated Value: $2,903,000 - $3,426,000

4 Beds
3 Baths
2,200 Sq Ft
$1,458/Sq Ft Est. Value

Last Sold January 21, 2014

Last sale price $1,575,000 $716 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $19,333/month

122 Days on Market

Highlights

  • Primary Bedroom Suite
  • Mountain View
  • 2 Car Attached Garage
  • Blossom Hill Elementary School Rated A
  • Wood Flooring
  • Formal Entry

About This Home

As of January 2014

HUGE $200K PRICE REDUCTION! Newly remodeled, spacious 4br/3ba Los Gatos home in desirable quiet area close to foothills. New kitchen with granite tops, new bathrooms, new floors, new paint (inside and out), nice landscaping. Permitted addition. Dual pane windows. Large lot with room for expansion. Shows like new home. Award winning Los Gatos schools. Walking distance to parks.

Last Agent to Sell the Property

Alex Lunginovic

Montalvo Realty License #01136628 Listed on: 08/16/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,604

Year Built

  • Built in 1958

Lot Details

  • Fenced
  • Level Lot
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Zoning described as R18

Parking

  • 2 Car Attached Garage

Property Views

  • Mountain
  • Neighborhood

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,200 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Formal Entry
  • Separate Family Room
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Storage Room
  • Laundry in Garage

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • 3 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Wood Insert Heater
  • Heating System Uses Gas
  • 220 Volts
  • Sewer Within 50 Feet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 523-10-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,604

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch
  • Age: 56
  • Sale Price Per Sq Ft: 715.91
  • Level Street Main: 2 or more Primary Suites
  • Listing Class: Residential
  • Structure Sq Ft: 2200
  • Barclay Horizontal: 32
  • Barclays Page: 94
  • Incorporated: Yes
  • Map Book Page: 873
  • Map Book Page Secondary: 94
  • Map Side Coordinate: 6
  • Map Side Coordinate Secondary: 52
  • Map Top Coordinate: D
  • Map Top Coordinate Secondary: 32
  • Thomas Bros Page: 873
  • Thomas Brothers: D6
  • Year Built: 1958
  • Zoning Description: R18
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room, Wood Burning, Insert, Yes
  • Dining Room: Dining Area in Living Room, No Informal Dining Room
  • Kitchen: Dishwasher, Cooktop, Garbage Disposal, Microwave, Oven - Built-In, 220 Volt Outlet, Hookups - Gas
  • Living Sq Ft: 2200
  • Stories: 1
  • Bedrooms: Primary Suite / Retreate - 2+
  • Laundry: In Garage, 220 Volt Outlet
  • Flooring: Tile, Hardwood
  • Additional Rooms: Formal Entry, Storage
  • Maximum Bathrooms: 3
  • Maximum Numberof Bedrooms: 4
  • Minimum Bathrooms: 3
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bedrooms: 4

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Pool - No
  • Roof: Composition
  • View: Mountains, Local/Neighborhood
  • Yard/Grounds: Sprinkler(s) - Front, Sprinkler(s) - Rear, Sprinklers - Auto, Fenced
  • Exterior: Brick, Stucco

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: Forced Air, Gas
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Schools

  • School District: Los Gatos-Saratoga Joint Union High
  • Elementary School: Blossom Hill Elementary
  • Middle School: Raymond J. Fisher Middle
  • High School: Los Gatos High
  • High School: 262
  • Elementary School: 139
  • Middle School: 141

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 523-10-010
  • List Price per Sq Ft: 772.27
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9204.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 9204.00
  • Lot Size Area Min Search: 9204.00
  • Maximum Lot Size: 9204.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Multi Family

  • Maximum Building Height: 1
  • Minimum Building Height: 1

MLS Schools

  • High School District Text: Los Gatos-Saratoga Joint Union High
  • Elementary School Text: Blossom Hill 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
Aug 16, 2013
Closed on
Jan 15, 2014
Sold by
Tamhane Shrikant K and Tamhane Arundhati S
Bought by
Yoo Peter and Kirn Hee Jin
Seller's Agent
Alex Lunginovic
Montalvo Realty
List Price
$1,999,000
Sold Price
$1,575,000
Premium/Discount to List
-$424,000
-21.21%
Current Estimated Value
$3,208,686

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,633,686
Avg. Annual Appreciation
6.32%
Original Mortgage
$1,260,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 2006
Sold by
Tamhane Shrikant K and Tamhane Arundhati S
Bought by
Tamhane Shrikant K and Tamhane Arundhati S

Purchase Details

Closed on
Jun 8, 1998
Sold by
Tamhane Shrikant K
Bought by
Tamhane Shrikant K and Tamhane Arundhati S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,150
Interest Rate
7.17%

Purchase Details

Closed on
Sep 29, 1995
Sold by
Tamhane Shrikant K and Tamhane Aru Shrikant
Bought by
Tamhane Shrikant K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
7.8%
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
Yoo Peter $1,575,000 Old Republic Title Company
Tamhane Shrikant K -- None Available
Tamhane Shrikant K -- North American Title Co
Tamhane Shrikant K -- All Cal Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yoo Peter $500,000
Open Yoo Peter $765,000
Closed Yoo Peter $850,000
Closed Yoo Peter $888,000
Closed Yoo Peter $893,000
Closed Yoo Peter $1,076,000
Closed Yoo Peter $1,233,000
Closed Yoo Peter $1,250,000
Closed Yoo Peter $1,260,000
Previous Owner Tamhane Shrikant K $700,000
Previous Owner Tamhane Shrikant K $621,500
Previous Owner Tamhane Shrikant K $620,000
Previous Owner Tamhane Shrikant K $520,000
Previous Owner Tamhane Shrikant K $227,150
Previous Owner Tamhane Shrikant K $203,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2014 01/21/14 Sold $1,575,000 -7.3% $716 / Sq Ft
12/16/2013 12/16/13 Pending -- -- --
10/11/2013 10/11/13 Price Changed $1,699,000 -10.5% $772 / Sq Ft
09/09/2013 09/09/13 Price Changed $1,899,000 -5.0% $863 / Sq Ft
08/16/2013 08/16/13 For Sale $1,999,000 -- $909 / 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 $22,604 $1,930,723 $1,225,859 $704,864
2024 $22,604 $1,892,867 $1,201,823 $691,044
2023 $22,201 $1,855,753 $1,178,258 $677,495
2022 $22,060 $1,819,366 $1,155,155 $664,211
2021 $21,693 $1,783,693 $1,132,505 $651,188
2020 $21,310 $1,765,404 $1,120,893 $644,511
2019 $21,021 $1,730,789 $1,098,915 $631,874
2018 $20,732 $1,696,853 $1,077,368 $619,485
2017 $20,684 $1,663,583 $1,056,244 $607,339
2016 $20,154 $1,630,965 $1,035,534 $595,431
2015 $20,033 $1,606,468 $1,019,980 $586,488
2014 $5,081 $352,598 $125,053 $227,545
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81330296

MLSListings

APN: 523-10-010