NOT LISTED FOR SALE

Estimated Value: $4,931,000 - $5,566,200

5 Beds
4.5 Baths
5,000 Sq Ft
$1,048/Sq Ft Est. Value

Last Sold December 30, 2016

Last sale price $3,100,000 $620 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $31,753/month

87 Days on Market

Highlights

  • Heated In Ground Pool
  • Mountain View
  • Wood Flooring
  • Daves Avenue Elementary School Rated A
  • Traditional Architecture
  • Hydromassage or Jetted Bathtub

About This Home

As of December 2016

Spectacular Custom Built-Recently Remodeled Picture Perfect With Front & Back Porches & Views-Epitome of Charm With Quality Amenities.Fabulous Lite Filled Floor Plan Inc 5 Large Bedrooms (1 Suite on First Floor+2 Master Bedroom Suites-Ideal For In-Laws or Au-Pair) Privately Situated At End Of Old Fashioned Neighborhood Friendly Cul-de-Sac. Fabulous Los Gatos Location Within Minutes of Academically Distinguished Los Gatos Schools (Daves Avenue Elementary,Fisher Middle- Los Gatos High),Downtown Los Gatos, Freeways And Parks. Exquisite Home Features Brazilian Mahogany Floors,3 Fireplaces, New Carpet, New Interior and Exterior Paint, High Ceilings, Crown Molding, Oversized Chef's Kitchen Overlooking the Stunning Grounds Backing To Greenbelt Feature Mature Oaks, Expansive Lawns,Gardens & Walkways-Recently Upgraded Gorgeous Pool With Automatic Cover. Side Yard Perfect For Dog Kennel+Room For Oversized Vehicle+Attached 4 Car Garage With Additional Side Garage Door and Secondary Kitchen. A 10!

Last Agent to Sell the Property

Carol Jeans

Christie's International Real Estate Sereno License #01117857 Listed on: 09/13/2016

Christie's International Real Estate Sereno

Last Buyer's Agent

Dani Wolter

Intero Real Estate Services License #01136513

Intero Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $40,924

Year Built

  • Built in 1992

Lot Details

  • 0.37 Acre Lot
  • Sprinklers on Timer
  • Zoning described as R1

Parking

  • 4 Car Attached Garage
  • Garage Door Opener
  • Guest Parking
  • On-Street Parking
  • Off-Street Parking

Property Views

  • Mountain
  • Garden

Home Design

  • Traditional Architecture
  • Wood Frame Construction
  • Ceiling Insulation
  • Shake Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,000 Sq Ft Home
  • 2-Story Property
  • Skylights
  • 3 Fireplaces
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Separate Family Room
  • Formal Dining Room
  • Attic Fan
  • Alarm System
  • Gas Dryer Hookup

Kitchen

  • Built-In Self-Cleaning Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Low Flow Toliet
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Walk-in Shower
  • Low Flow Shower

Pool

  • Heated In Ground Pool
  • Spa
  • Pool Cover
  • Pool Sweep

Utilities

  • Forced Air Zoned Heating and Cooling System
  • 220 Volts
  • Water Treatment System
  • Sewer Within 50 Feet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 409-34-046

Home Details

Home Type

Single Family

Est. Annual Taxes

$40,924

Year Built

Built in 1992

Lot Details

0

Parking

4

Listing Details

  • Subclass: Single Family Home
  • Style: Traditional
  • Age: 24
  • Listing Class: Residential
  • Structure Sq Ft: 5000
  • Incorporated: Yes
  • Year Built: 1992
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Starter, Wood Burning
  • Dining Room: Formal Dining Room
  • Kitchen: 220 Volt Outlet, Cooktop - Gas, Dishwasher, Garbage Disposal, Hookups - Gas, Microwave, Oven - Self Cleaning, Oven Range - Built-In, Pantry, Refrigerator
  • Living Sq Ft: 5000
  • Stories: 2
  • Security: Security Alarm
  • Laundry: Gas Hookup
  • Flooring: Carpet, Hardwood, Tile
  • Fireplaces Min: 3
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Bathroom: Shower and Tub, Stall Shower, Tub, Tub with Jets
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Pool - Cover, Pool - Heated, Pool - In Ground, Spa / Hot Tub, Pool - Sweep
  • Roof: Shake
  • View: Garden / Greenbelt, Mountains
  • Yard/Grounds: Sprinklers - Auto
  • Pool: Yes
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 4
  • Parking Spaces: 2
  • Garage Max: 4
  • Garage Min: 4
  • Garage Parking Features: Attached Garage, Gate / Door Opener, Guest / Visitor Parking, Off-Street Parking, On Street, Room for Oversized Vehicle

Utilities

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

Schools

  • School District: Los Gatos-Saratoga Joint Union High

Lot Info

  • Parcel Number: 409-34-046
  • Lot Acres: 0.3680
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 16047.50
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 16047.50

Green Features

  • Energy Features: Attic Fan, Ceiling Insulation, Low Flow Shower, Low Flow Toilet, Skylight

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Los Gatos-Saratoga Joint Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2016
Closed on
Dec 28, 2016
Sold by
Walker Gregory C and Lee Ginger
Bought by
Cornelius William Pete and Cornelius Marla Thompson
Seller's Agent
Carol Jeans
Christie's International Real Estate Sereno
Buyer's Agent
Dani Wolter
Intero Real Estate Services
List Price
$3,248,000
Sold Price
$3,100,000
Premium/Discount to List
-$148,000
-4.56%
Current Estimated Value
$5,242,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,142,300
Avg. Annual Appreciation
6.23%
Original Mortgage
$2,325,000
Outstanding Balance
$1,871,685
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,370,615

Purchase Details

Closed on
Mar 28, 2005
Sold by
Ofarrell Michael K and Ofarrell Ursula Marie
Bought by
Walker Gregory C and Lee Ginger

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 20, 2003
Sold by
Ofarrell Michael K
Bought by
Ofarrell Michael K and Ofarrell Ursula Marie

Purchase Details

Closed on
Aug 26, 2002
Sold by
Surgalski Ursula Marie
Bought by
Ofarrell Michael K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.75%

Purchase Details

Closed on
Jan 17, 2001
Sold by
Ofarrell Serena M
Bought by
Ofarrell Michael K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,600,000
Interest Rate
7%

Purchase Details

Closed on
Apr 24, 2000
Sold by
Kirsch David M
Bought by
Kirsch David Maxwell and Kirsch Sharon Swecker
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
Cornelius William Pete $3,100,000 Stewart Title Of Ca Inc
Walker Gregory C $2,593,000 North American Title Company
Ofarrell Michael K -- --
Ofarrell Michael K -- Stewart Title
Ofarrell Michael K -- North American Title Co
Ofarrell Michael $2,800,000 North American Title Co
Kirsch David Maxwell -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cornelius William Pete $2,325,000
Previous Owner Walker Gregory C $1,500,000
Previous Owner Ofarrell Michael $450,000
Previous Owner Ofarrell Michael K $1,000,000
Previous Owner Ofarrell Michael K $1,000,000
Previous Owner Ofarrell Michael $1,600,000
Previous Owner Kirsch David M $300,000
Previous Owner Kirsch David M $682,000
Previous Owner Kirsch David M $682,000
Closed Ofarrell Michael K $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2016 12/30/16 Sold $3,100,000 -4.6% $620 / Sq Ft
12/10/2016 12/10/16 Pending -- -- --
09/13/2016 09/13/16 For Sale $3,248,000 -- $650 / 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 $40,924 $3,597,809 $2,205,110 $1,392,699
2024 $40,924 $3,527,265 $2,161,873 $1,365,392
2023 $40,247 $3,458,104 $2,119,484 $1,338,620
2022 $39,971 $3,390,299 $2,077,926 $1,312,373
2021 $39,361 $3,323,824 $2,037,183 $1,286,641
2020 $38,682 $3,289,744 $2,016,295 $1,273,449
2019 $38,169 $3,225,240 $1,976,760 $1,248,480
2018 $37,658 $3,162,000 $1,938,000 $1,224,000
2017 $37,677 $3,100,000 $1,900,000 $1,200,000
2016 $36,824 $3,053,246 $2,413,869 $639,377
2015 $36,633 $3,007,384 $2,377,611 $629,773
2014 $36,102 $2,948,474 $2,331,037 $617,437
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81614203

MLSListings

APN: 409-34-046