NOT LISTED FOR SALE

118 Placer Oaks Ct Los Gatos, CA 95032

East Los Gatos Neighborhood

Estimated Value: $3,357,969 - $3,922,000

4 Beds
2.5 Baths
2,765 Sq Ft
$1,308/Sq Ft Est. Value

Last Sold February 18, 2015

Last sale price $1,535,000 $555 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $20,830/month

51 Days on Market

Highlights

  • Primary Bedroom Suite
  • Craftsman Architecture
  • High Ceiling
  • Louise Van Meter Elementary School Rated A
  • Marble Flooring
  • Formal Dining Room

About This Home

As of February 2015

New single-family homes in Los Gatos.Nestled amid mature oak trees,2 floor plans available,50% sold out. This home 118 is a Plan B. High quality construction, 4 bdrm,2.5 & 3.5 ba,. Los Gatos schools. Close to downtown and Vasona. GPS purposes put corner of Frank Ave and Placer Oaks Rd. Don't get confused with Developmt on Blossom Hill & Placer Oaks. Pictures are of B plan model. Closed Dec 25-28th

Last Agent to Sell the Property

Linda Jones-Espinoza

Landmark Properties License #01085194 Listed on: 11/15/2014

Last Buyer's Agent

RECIP

Out of Area Office License #00000000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,656

Year Built

  • Built in 2014

Lot Details

  • Fenced
  • Front Yard Sprinklers
  • Sprinklers on Timer
  • Zoning described as RM512

Parking

  • 2 Car Attached Garage

Home Design

  • Craftsman Architecture
  • Ceiling Insulation
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,765 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Fireplace With Gas Starter
  • Double Pane Windows
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Storage Room
  • Gas Dryer Hookup
  • Security System Owned

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Sustainable
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Low Flow Toliet
  • Low Flow Shower

Utilities

  • Forced Air Zoned Heating and Cooling System
  • 220 Volts
  • Tankless Water Heater
  • Sewer Within 50 Feet

Additional Features

  • Energy-Efficient Insulation
  • Patio

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 529-66-006

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,656

Year Built

Built in 2014

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Craftsman
  • Listing Class: Residential
  • Structure Sq Ft: 2765
  • Builder Architect: Landmark Development
  • Incorporated: Yes
  • Year Built: 2014
  • Zoning Description: RM512
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Living Room, Gas Starter, Yes
  • Dining Room: Formal Dining Room, Eat in Kitchen
  • Kitchen: Dishwasher, Garbage Disposal, Microwave, Ovens - 2+, Oven - Built-In, Oven Range - Built-In, 220 Volt Outlet, Hookups - Gas
  • Living Sq Ft: 2765
  • Stories: 2
  • Security: Security Alarm - Owned
  • Bedrooms: Primary Suite / Retreat
  • Laundry: In Laundry Room, Gas Hookup, 220 Volt Outlet
  • Flooring: Tile, Carpet - Wall to Wall, Sustainable Materials, Marble
  • Additional Rooms: Storage
  • Maximum Bathrooms: 3
  • Maximum Numberof Bedrooms: 4
  • Minimum Bathrooms: 3
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Pool - No
  • Roof: Composition
  • Yard/Grounds: Patio(s), Sprinkler(s) - Front, Sprinklers - Auto, Fenced

Garage/Parking

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

Utilities

  • Cooling System: Central AC
  • Heating System: Heating - 2+ Zones, Forced Air
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Double Pane Windows(s), High Ceiling

Condo/Co-op/Association

  • HOA Fees: 348
  • H O A Exist: Yes

Schools

  • School District: Los Gatos-Saratoga Joint Union High
  • Elementary School: Louise Van Meter Elementary
  • Middle School: Raymond J. Fisher Middle
  • High School: Los Gatos High
  • High School: 262
  • Elementary School: 143
  • Middle School: 141

Lot Info

  • Parcel Number: 529-66-006
  • List Price per Sq Ft: 560.58
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4720.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 4720.00
  • Lot Size Area Min Search: 4720.00
  • Maximum Lot Size: 4720.00

Green Features

  • Energy Features: Ceiling Insulation, Walls Insulated, Caulked/Sealed, Insulated Water Heater, Low Flow Shower, Low Flow Toilet, Double Pane Windows, Tankless Water Heater, Ceiling Fan(s)

Multi Family

  • Maximum Building Height: 2
  • Minimum Building Height: 2

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
Nov 15, 2014
Closed on
Feb 9, 2015
Sold by
Placer Oaks Lp
Bought by
Asokan Vasanth and Ramakrishnan Sharadha
Seller's Agent
Linda Jones-Espinoza
Landmark Properties
Buyer's Agent
RECIP
Out of Area Office
List Price
$1,550,000
Sold Price
$1,535,000
Premium/Discount to List
-$15,000
-0.97%
Current Estimated Value
$3,616,742

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,081,742
Avg. Annual Appreciation
8.34%
Original Mortgage
$1,228,000
Outstanding Balance
$926,829
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,689,913
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
Asokan Vasanth $1,535,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Asokan Vasanth $1,228,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/18/2015 02/18/15 Sold $1,535,000 -1.0% $555 / Sq Ft
01/05/2015 01/05/15 Pending -- -- --
11/15/2014 11/15/14 For Sale $1,550,000 -- $561 / 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 $21,656 $1,844,832 $1,201,846 $642,986
2024 $21,656 $1,808,660 $1,178,281 $630,379
2023 $21,267 $1,773,197 $1,155,178 $618,019
2022 $21,053 $1,738,429 $1,132,528 $605,901
2021 $20,698 $1,704,343 $1,110,322 $594,021
2020 $20,330 $1,686,869 $1,098,938 $587,931
2019 $20,053 $1,653,794 $1,077,391 $576,403
2018 $19,774 $1,621,367 $1,056,266 $565,101
2017 $19,725 $1,589,576 $1,035,555 $554,021
2016 $19,218 $1,558,408 $1,015,250 $543,158
2015 $11,274 $871,333 $238,333 $633,000
2014 -- $233,665 $233,665 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2015

    Linda Jones-Espinoza

    Landmark Properties

    Section Image

  • R

    Buyer's Agent in 2015

    RECIP

    Out of Area Office

See All Agents

Map

Source: MLSListings

MLS Number: ML81440441

MLSListings

APN: 529-66-006

California Santa Clara County Los Gatos 95032 East Los Gatos

118 Placer Oaks Ct, Los Gatos, CA

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