NOT LISTED FOR SALE

Estimated Value: $3,058,000 - $3,342,000

3 Beds
2.5 Baths
2,109 Sq Ft
$1,526/Sq Ft Est. Value

Last Sold June 17, 2019

Last sale price $2,400,000 $1,138 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $19,410/month

6 Days on Market

Highlights

  • Craftsman Architecture
  • Mountain View
  • Wood Burning Stove
  • Louise Van Meter Elementary School Rated A
  • Deck
  • Vaulted Ceiling

About This Home

As of June 2019

Welcome home to this beautiful Move-In Ready Craftsman located on a prime street yet, just minutes away from Downtown Los Gatos. This comfortably appointed home has had many thoughtful renovations and enhancements and is ready for your enjoyment! The desirable floor plan offers a connection of the indoor-outdoor spaces in a way that is rarely available and encourages a peaceful lifestyle perfect for entertaining friends and family. Whether it is in the spacious front courtyard or your private serene backyard with a stunning view of the mountains you will appreciate the quality of life here on Loma Alta. This home has plenty of light and space to relax with a separate family room and living room. Close to trails, parks, restaurants and less than a mile to award winning Los Gatos 10-rated schools. Ready for the new proud homeowners!

Last Agent to Sell the Property

Dave Keefe

KW Bay Area Estates Saratoga License #70010092 Listed on: 05/07/2019

KW Bay Area Estates Saratoga

Last Buyer's Agent

C.T. Harris

Christie's International Real Estate Sereno License #01334308

Christie's International Real Estate Sereno

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,842

Year Built

  • Built in 1976

Lot Details

  • 8,250 Sq Ft Lot
  • Southwest Facing Home
  • Wood Fence
  • Lot Sloped Up
  • Drought Tolerant Landscaping
  • Grass Covered Lot
  • Zoning described as R1

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Off-Site Parking

Property Views

  • Mountain
  • Neighborhood

Home Design

  • Craftsman Architecture
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,109 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Vaulted Ceiling
  • Skylights in Kitchen
  • Wood Burning Stove
  • Fireplace With Gas Starter
  • Double Pane Windows
  • Bay Window
  • Separate Family Room
  • Formal Dining Room
  • Den

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • Marble Bathroom Countertops
  • Dual Sinks
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

  • Security Lights
  • Alarm System

Outdoor Features

  • Deck
  • Barbecue Area

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Separate Meters

Community Details

  • Courtyard

Listing and Financial Details

  • Assessor Parcel Number 532-29-090

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,842

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Craftsman
  • Listing Class: Residential
  • Structure Sq Ft: 2109
  • Incorporated: Yes
  • Year Built: 1976
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Starter, Wood Stove
  • Dining Room: Eat in Kitchen, Formal Dining Room
  • Kitchen: Countertop - Granite, Dishwasher, Exhaust Fan, Microwave, Oven Range - Gas, Refrigerator, Skylight
  • Living Sq Ft: 2109
  • Stories: 1
  • Security: Security Alarm, Security Lights
  • Bedrooms: Primary Bedroom on Ground Floor, More than One Bedroom on Ground Floor
  • Laundry: In Utility Room, Inside, Washer / Dryer
  • Flooring: Hardwood, Vinyl / Linoleum
  • Additional Rooms: Laundry Room, Office Area
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Full on Ground Floor, Half on Ground Floor, Marble, Showers over Tubs - 2+
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • View: Mountains, Neighborhood
  • Yard/Grounds: BBQ Area, Courtyard, Deck, Drought Tolerant Plants, Fenced, Low Maintenance
  • Fencing: Wood
  • Property Faces: Southwest
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage, Gate / Door Opener, Off-Site Parking

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Bay Window, Open Beam Ceiling, Skylight, Vaulted Ceiling

Schools

  • High School: 262

Lot Info

  • Lot Description: Grade - Sloped Up, Views
  • Parcel Number: 532-29-090
  • Lot Acres: 0.1894
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8250.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8250.00

Green Features

  • Energy Features: Double Pane Windows, Skylight

Multi Family

  • Utilities: Individual Electric Meters, Natural Gas, Public Utilities

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

Closed on
Aug 20, 2021
Sold by
Mulgund Jeevan and Advaithi Revathi
Bought by
Mulgund Jeevan and Advaithi Revathi
Current Estimated Value
$3,217,362

Purchase Details

Listed on
May 7, 2019
Closed on
Jun 14, 2019
Sold by
Advaithi Revathi
Bought by
Mulgund Jeevan
Seller's Agent
Dave Keefe
KW Bay Area Estates Saratoga
Buyer's Agent
C.T. Harris
Christie's International Real Estate Sereno
List Price
$2,195,000
Sold Price
$2,400,000
Premium/Discount to List
$205,000
9.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.71%
Original Mortgage
$1,680,000
Outstanding Balance
$1,434,122
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,783,240

Purchase Details

Listed on
May 7, 2019
Closed on
May 16, 2019
Sold by
Johnson Marshall and Johnson Laura
Bought by
Mulgund Jeevan
Seller's Agent
Dave Keefe
KW Bay Area Estates Saratoga
Buyer's Agent
C.T. Harris
Christie's International Real Estate Sereno
List Price
$2,195,000
Sold Price
$2,400,000
Premium/Discount to List
$205,000
9.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,680,000
Outstanding Balance
$1,434,122
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,783,240

Purchase Details

Closed on
Dec 10, 2009
Sold by
Mead Michael J and Mead Lisa
Bought by
Johnson Marshall and Johnson Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
4.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 2008
Sold by
Mead Michael J and Mead Lisa
Bought by
Mead Michael J and Mead Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$835,000
Interest Rate
5.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2007
Sold by
Mead Michael J and Mead Lisa
Bought by
Mead Michael J and Mead Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.14%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 1, 2006
Sold by
Mead Michael J and Mead Lisa
Bought by
Mead Michael J and Mead Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.67%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 16, 2004
Sold by
Mead Michael and Mead Lisa
Bought by
Mead Michael J and Mead Lisa

Purchase Details

Closed on
Aug 21, 1998
Sold by
Edwards Craig L and Edwards Barbara J
Bought by
Mead Michael and Witchel Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,000
Interest Rate
6.91%
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
Mulgund Jeevan -- None Available
Mulgund Jeevan -- None Available
Mulgund Jeevan -- Chicago Title Co
Mulgund Jeevan $2,400,000 Chicago Title Co
Johnson Marshall $1,175,000 North American Title Company
Mead Michael J -- First American Title Co
Mead Michael J -- First American Title Co
Mead Michael J -- First American Title Company
Mead Michael J -- First American Title Company
Mead Michael J -- New Century Title Company
Mead Michael J -- New Century Title Company
Mead Michael J -- --
Mead Michael $699,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mulgund Jeevan $1,680,000
Previous Owner Johnson Marshall $625,000
Previous Owner Mead Michael J $835,000
Previous Owner Mead Michael J $250,000
Previous Owner Mead Michael J $150,000
Previous Owner Mead Michael $504,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/17/2019 06/17/19 Sold $2,400,000 +4.6% $1,138 / Sq Ft
05/14/2019 05/14/19 Pending -- -- --
05/07/2019 05/07/19 Price Changed $2,295,000 +4.6% $1,088 / Sq Ft
05/07/2019 05/07/19 For Sale $2,195,000 -- $1,041 / 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 $30,842 $2,677,241 $2,141,794 $535,447
2024 $30,842 $2,624,748 $2,099,799 $524,949
2023 $30,317 $2,573,283 $2,058,627 $514,656
2022 $30,119 $2,522,827 $2,018,262 $504,565
2021 $29,644 $2,473,361 $1,978,689 $494,672
2020 $26,333 $2,204,000 $1,763,200 $440,800
2019 $17,150 $1,402,140 $951,753 $450,387
2018 $16,909 $1,374,648 $933,092 $441,556
2017 $16,863 $1,347,696 $914,797 $432,899
2016 $16,423 $1,321,271 $896,860 $424,411
2015 $16,315 $1,301,425 $883,389 $418,036
2014 $16,064 $1,275,933 $866,085 $409,848
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81750614

MLSListings

APN: 532-29-090