NOT LISTED FOR SALE

Estimated Value: $4,971,000 - $5,484,000

5 Beds
4 Baths
3,287 Sq Ft
$1,591/Sq Ft Est. Value

Last Sold April 22, 2022

Last sale price $5,250,000 $1,597 Per Sq Ft

Current estimated payment $33,083/month

8 Days on Market

Highlights

  • 0.49 Acre Lot
  • Vaulted Ceiling
  • Marble Countertops
  • Louise Van Meter Elementary School Rated A
  • Wood Flooring
  • Formal Dining Room

About This Home

As of April 2022

Elegant Craftsman home is one of the most beautiful residences on one of the grandest streets in downtown Los Gatos. Occupying a nearly 1/2 acre flat and usable lot, this home is special. Classic, timeless design and gracious flow of spaces define this home. The formal entry sets the stage and leads to the great room with classic brick fireplace, adjacent to formal dining room, library and private office. The kitchen has everything a chef could want; Double island, custom cabinetry, Carrera marble countertops, professional grade appliances, great mountain and garden views and vaulted ceilings. The primary suite is on the first level with separate sitting room and dedicated dressing area. Newly renovated second floor features a second primary suite with private balcony, two other large bedrooms and a gracious bathroom. All bedrooms have grand scale space, windows and views. Homes like this, close to downtown LG are much sought after. Plans for a 700+ sf ADU available.

Last Agent to Sell the Property

Robin Sedgwick

Coldwell Banker Realty License #02038180 Listed on: 03/15/2022

Coldwell Banker Realty

Co-Listed By

Donald Knight

Coldwell Banker Realty License #01028567

Last Buyer's Agent

Ducky Grabill

Christie's International Real Estate Sereno License #01018603

Christie's International Real Estate Sereno

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $62,702

Year Built

  • 1912

Lot Details

  • 0.49 Acre Lot

Parking

  • 3 Car Attached Garage

Home Design

  • Composition Roof
  • Fiberglass Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,287 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Separate Family Room
  • Formal Dining Room
  • Laundry in unit

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Self-Cleaning Oven
  • Range Hood
  • Dishwasher
  • Kitchen Island
  • Marble Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • 220 Volts

Home Details

Home Type

Single Family

Est. Annual Taxes

$62,702

Year Built

1912

Lot Details

0

Parking

3

Listing Details

  • Zoning: R120
  • Subclass: Single Family Home
  • Age: 110
  • Listing Class: Residential
  • Structure Sq Ft: 3287
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1912

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Wood Burning
  • Dining Room: Eat In Kitchen, Formal Dining Room
  • Kitchen: 220 Volt Outlet, Countertop - Marble, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Hookups - Gas, Island With Sink, Oven - Electric, Oven - Self Cleaning, Oven Range - Gas
  • Fireplace: Yes
  • Living Sq Ft: 3287
  • Stories: 2
  • Laundry: Inside
  • Flooring: Carpet, Hardwood, Tile
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 4
  • Total Bedrooms: 5

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition, Fiberglass

Garage/Parking

  • Garage Spaces: 3
  • Garage Max: 3
  • Garage Min: 3
  • Garage Parking Features: Attached Garage

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Vaulted Ceiling

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

  • Lot Acres: 0.4926
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 21456.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 21456.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2019
Closed on
Sep 24, 2019
Sold by
Cariani Leslie Joan and Leslie Joan Cariani Revocable
Bought by
Strange Darren and Strange Fiona
Seller's Agent
Amy McCafferty
Golden Gate Sotheby's International Realty
Buyer's Agent
Robin Sedgwick
Coldwell Banker Realty
List Price
$3,798,000
Sold Price
$3,300,000
Premium/Discount to List
-$498,000
-13.11%
Current Estimated Value
$5,228,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,928,660
Avg. Annual Appreciation
7.88%
Original Mortgage
$1,600,000
Outstanding Balance
$1,074,988
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$4,114,835

Purchase Details

Closed on
Apr 22, 2005
Sold by
Cariani Donald J and Cariani Nancy L
Bought by
Cariani Donald J and Cariani Nancy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 11, 2002
Sold by
Cariani Donald J and Cariani Nancy L
Bought by
Cariani Donald J and Cariani Nancy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6%

Purchase Details

Closed on
Mar 13, 1997
Sold by
Cariani Donald J and Cariani Nancy L
Bought by
Cariani Donald J and Cariani Nancy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7%

Purchase Details

Closed on
Mar 11, 1997
Sold by
Cariani Donald J and Cariani Nancy L
Bought by
Cariani Donald J and Cariani Nancy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7%

Purchase Details

Closed on
May 10, 1996
Sold by
Ostrowski Richard T and Ostrowski Karen K
Bought by
Cariani Donald J and Cariani Nancy L
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
Strange Darren $3,300,000 Orange Coast Ttl Co Of Nocal
Cariani Donald J -- North American Title Company
Cariani Donald J -- North American Title Company
Cariani Donald J -- First California Title Compa
Cariani Donald J -- First California Title Compa
Cariani Donald J -- Santa Clara Land Title Co
Cariani Donald J -- Santa Clara Land Title Co
Cariani Donald J $950,000 Santa Clara Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schroeder 2017 Revocable Trust $65,000
Open Strange Darren $1,600,000
Previous Owner Cariani Donald J $1,000,000
Previous Owner Cariani Donald J $450,000
Previous Owner Cariani Donald J $400,000
Previous Owner Cariani Donald J $200,000
Previous Owner Cariani Donald J $350,000
Previous Owner Cariani Donald J $100,000
Previous Owner Cariani Donald J $100,000
Closed Cariani Donald J $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2022 04/22/22 Sold $5,250,000 +5.0% $1,597 / Sq Ft
03/23/2022 03/23/22 Pending -- -- --
03/15/2022 03/15/22 For Sale $4,998,000 +51.5% $1,521 / Sq Ft
09/30/2019 09/30/19 Sold $3,300,000 -4.3% $1,004 / Sq Ft
09/07/2019 09/07/19 Pending -- -- --
07/31/2019 07/31/19 Price Changed $3,450,000 -9.2% $1,050 / Sq Ft
06/25/2019 06/25/19 For Sale $3,798,000 -- $1,155 / 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 $62,702 $5,571,341 $4,563,194 $1,008,147
2024 $62,702 $5,462,100 $4,473,720 $988,380
2023 $61,703 $5,355,000 $4,386,000 $969,000
2022 $39,964 $3,418,210 $2,720,697 $697,513
2021 $39,395 $3,351,187 $2,667,350 $683,837
2020 $38,597 $3,300,000 $2,640,000 $660,000
2019 $2,601 $169,904 $81,366 $88,538
2018 $2,542 $166,573 $79,771 $86,802
2017 $2,507 $163,307 $78,207 $85,100
2016 $2,403 $160,106 $76,674 $83,432
2015 $2,351 $157,702 $75,523 $82,179
2014 $2,286 $154,614 $74,044 $80,570
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81882063

MLSListings

APN: 529-38-020