NOT LISTED FOR SALE

Estimated Value: $5,276,000 - $5,866,000

4 Beds
4.5 Baths
4,102 Sq Ft
$1,355/Sq Ft Est. Value

Last Sold February 10, 2021

Last sale price $4,300,000 $1,048 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $34,016/month

10 Days on Market

Highlights

  • 0.7 Acre Lot
  • Wood Flooring
  • Forced Air Heating and Cooling System
  • Louise Van Meter Elementary School Rated A
  • 2 Car Detached Garage
  • Dining Area

About This Home

As of February 2021

Welcome to 130 Prospect Avenue, Los Gatos. This modern farmhouse built in 2017 by the renowned SummerHill Homes is just above downtown Los Gatos on a quiet street. Highlights include beautifully landscaped grounds, security gate as you enter the driveway, a large patio that wraps around the home, perfect for outdoor entertaining. The spacious open concept floor plan boasts plenty of room to work, play, learn and unwind at the end of the day. Gorgeous kitchen featuring oversized island with industrial pendant lighting and plenty of seating that is surrounded by stainless steel Thermador appliances and glass subway tile backsplash that extends to the ceiling. Close to downtown Los Gatos with plenty of shopping and dining options and easy access to highway 9, 17 and 85. Award winning schools - Louise Van Meter Elementary, Raymond J Fisher Middle and Los Gatos High.

Last Agent to Sell the Property

Andy Tse

Intero Real Estate Services License #01345580 Listed on: 12/26/2020

Intero Real Estate Services

Co-Listed By

Jeni Moon

Intero Real Estate Services License #01930991

Last Buyer's Agent

Chad Rabello

Compass License #02023281

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $52,763

Year Built

  • 2017

Lot Details

  • 0.7

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,102 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Family Room with Fireplace
  • Dining Area

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Additional Features

  • 0.7 Acre Lot
  • Forced Air Heating and Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$52,763

Year Built

2017

Lot Details

0

Parking

2

Listing Details

  • Zoning: R120
  • Subclass: Single Family Home
  • Age: 3
  • Listing Class: Residential
  • Structure Sq Ft: 4102
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2017

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Gas Burning
  • Dining Room: Dining Area
  • Fireplace: Yes
  • Living Sq Ft: 4102
  • Stories: 2
  • Flooring: Carpet, Hardwood, Tile
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Detached Garage, Gate / Door Opener

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Los Gatos-Saratoga Joint Union High

Lot Info

  • Lot Acres: 0.6986
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 30431.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 30431.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 26, 2020
Closed on
Feb 8, 2021
Sold by
Pak Yong Kil and Pak Young Sun
Bought by
Khalipa Jason T and Khalipa Ashley S
Seller's Agent
Andy Tse
Intero Real Estate Services
Buyer's Agent
Chad Rabello
Compass
List Price
$3,980,000
Sold Price
$4,300,000
Premium/Discount to List
$320,000
8.04%
Current Estimated Value
$5,559,109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,259,109
Avg. Annual Appreciation
6.00%
Original Mortgage
$3,010,000
Outstanding Balance
$2,693,655
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$2,929,271

Purchase Details

Closed on
Jul 16, 2018
Sold by
Pak Yong Kil and Pak Young Sun
Bought by
Pak Youg Kil and Pak Young Sun

Purchase Details

Closed on
Jul 13, 2017
Sold by
Summerhill Propect Avenue Llc
Bought by
Pak Yong Kil and Pak Young Sun
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Khalipa Jason T $4,300,000 Old Republic Title Company
Pak Youg Kil -- None Available
Pak Yong Kil $3,835,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khalipa Jason T $3,010,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2021 02/10/21 Sold $4,300,000 +8.0% $1,048 / Sq Ft
01/06/2021 01/06/21 Pending -- -- --
12/26/2020 12/26/20 For Sale $3,980,000 -- $970 / 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 $52,763 $4,654,457 $3,247,296 $1,407,161
2024 $52,763 $4,563,194 $3,183,624 $1,379,570
2023 $51,914 $4,473,720 $3,121,200 $1,352,520
2022 $51,568 $4,386,000 $3,060,000 $1,326,000
2021 $47,707 $4,031,269 $2,564,875 $1,466,394
2020 $46,889 $3,989,934 $2,538,576 $1,451,358
2019 $46,276 $3,911,700 $2,488,800 $1,422,900
2018 $45,664 $3,835,000 $2,440,000 $1,395,000
2017 $20,959 $1,682,470 $1,096,470 $586,000
2016 $13,123 $1,074,971 $1,074,971 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81824044

MLSListings

APN: 529-44-022