NOT LISTED FOR SALE

140 Lu Ray Dr Los Gatos, CA 95032

East Los Gatos Neighborhood

Estimated Value: $3,248,000 - $3,752,229

4 Beds
3.5 Baths
2,605 Sq Ft
$1,330/Sq Ft Est. Value

Last Sold May 23, 2014

Last sale price $1,760,000 $676 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $20,550/month

24 Days on Market

Highlights

  • Primary Bedroom Suite
  • Mountain View
  • Contemporary Architecture
  • Alta Vista Elementary School Rated A
  • Fireplace in Primary Bedroom
  • Wood Flooring

About This Home

As of May 2014

MUST SEE,Beautifully rebuilt 2014 custom home with designer touches throughout. Large lot, new framing,re-piping,re-wiring,central cool & heat, new roof,windows,solid interior doors,hardwood floor,skylight with remote,custom kitchen cabinet, marble island; SS appliances,huge master bath,Jacuzzi tub & walk in closets,laundry inside,recessed lights throughout,2 fireplaces,new landscaping & ...

Last Agent to Sell the Property

Payman Farzaneh

Coldwell Banker Realty License #01815784 Listed on: 04/07/2014

Coldwell Banker Realty

Last Buyer's Agent

Farhad Ettehad

Americhoice Inc License #01369547

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,104

Year Built

  • Built in 1959

Lot Details

  • Fenced
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Zoning described as R110

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Property Views

  • Mountain
  • Neighborhood

Home Design

  • Contemporary Architecture
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,605 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Skylights
  • Wood Burning Fireplace
  • Double Pane Windows
  • Formal Entry
  • Living Room with Fireplace
  • Open Floorplan
  • Wood Flooring
  • Gas Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Walk-in Shower

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Thermostat
  • 220 Volts
  • Tankless Water Heater
  • Sewer Within 50 Feet
  • Cable TV Available
  • TV Antenna

Listing and Financial Details

  • Assessor Parcel Number 523-24-028

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,104

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Contemporary
  • Age: 55
  • Sale Price Per Sq Ft: 675.62
  • Level Street Main: 2 or more Primary Suites
  • Listing Class: Residential
  • Structure Sq Ft: 2605
  • Incorporated: Yes
  • Map Book Page: 873
  • Map Side Coordinate: 6
  • Map Top Coordinate: E
  • Thomas Bros Page: 873
  • Thomas Brothers: E6
  • Year Built: 1959
  • Zoning Description: R110
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Living Room, Primary Bedroom, Wood Burning, Yes
  • Dining Room: Dining Area in Living Room, Dining Area in Family Room, Breakfast Bar, Eat in Kitchen
  • Kitchen: Pantry, Dishwasher, Garbage Disposal, Refrigerator, Oven Range, 220 Volt Outlet, Hookups - Gas
  • Living Sq Ft: 2605
  • Stories: 1
  • Bedrooms: Primary Suite / Retreate - 2+
  • Laundry: In Laundry Room, Gas Hookup, 220 Volt Outlet
  • Flooring: Hardwood
  • Additional Rooms: Formal Entry
  • Maximum Bathrooms: 4
  • Maximum Numberof Bedrooms: 4
  • Minimum Bathrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Shower over Tub - 1, Tubs - 2+, Stall Shower - 2+, Tub in Primary Bedroom, Tub with Jets

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Pool - No
  • Roof: Shingle, Composition
  • View: Mountains, Local/Neighborhood
  • Yard/Grounds: Patio(s), Sprinkler(s) - Front, Sprinkler(s) - Rear, Sprinklers - Auto, Fenced
  • Exterior: Stucco

Garage/Parking

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

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Double Pane Windows(s), Wet Bar

Schools

  • School District: Campbell Union High
  • Elementary School: Alta Vista Elementary
  • Middle School: Union Middle
  • Elementary School: 214
  • Middle School: 229

Lot Info

  • Parcel Number: 523-24-028
  • List Price per Sq Ft: 690.21
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 10001.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 10001.00
  • Lot Size Area Min Search: 10001.00
  • Maximum Lot Size: 10001.00
  • Map Book: Thomas Bros

Green Features

  • Energy Features: Double Pane Windows, Skylight, Skylight Tube(s), Thermostat Controller, Tankless Water Heater

Multi Family

  • Maximum Building Height: 1
  • Minimum Building Height: 1

MLS Schools

  • High School District Text: Campbell Union High
  • Elementary School Text: Alta Vista Elementary
  • Middle School Text: Union Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2014
Closed on
May 12, 2014
Sold by
Esfahani Mahsa and Farzaneh Payman
Bought by
Ahmed Ali and Ahmed Raana
Seller's Agent
Payman Farzaneh
Coldwell Banker Realty
Buyer's Agent
Farhad Ettehad
Americhoice Inc
List Price
$1,798,000
Sold Price
$1,760,000
Premium/Discount to List
-$38,000
-2.11%
Current Estimated Value
$3,463,557

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,703,557
Avg. Annual Appreciation
5.89%
Original Mortgage
$1,400,000
Outstanding Balance
$999,470
Interest Rate
2.65%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,366,913

Purchase Details

Closed on
Aug 21, 2013
Sold by
Miller Luen
Bought by
Esfahani Mahsa and Farzaneh Payman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$860,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 26, 2005
Sold by
Miller William Frederic and Miller William F
Bought by
Miller William F
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
Ahmed Ali $1,760,000 Fidelity National Title Co
Esfahani Mahsa $1,075,000 Fidelity National Title Co
Miller William F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ahmed Ali $1,400,000
Previous Owner Esfahani Mahsa $860,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2014 05/23/14 Sold $1,760,000 -2.1% $676 / Sq Ft
05/01/2014 05/01/14 Pending -- -- --
04/07/2014 04/07/14 For Sale $1,798,000 -- $690 / 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 $27,104 $2,157,506 $1,360,701 $796,805
2024 $27,104 $2,115,203 $1,334,021 $781,182
2023 $26,636 $2,073,729 $1,307,864 $765,865
2022 $26,035 $2,033,069 $1,282,220 $750,849
2021 $25,612 $1,993,206 $1,257,079 $736,127
2020 $25,238 $1,972,769 $1,244,190 $728,579
2019 $24,756 $1,934,089 $1,219,795 $714,294
2018 $24,249 $1,896,167 $1,195,878 $700,289
2017 $23,889 $1,858,988 $1,172,430 $686,558
2016 $22,689 $1,822,539 $1,149,442 $673,097
2015 $22,298 $1,795,164 $1,132,177 $662,987
2014 $14,557 $1,153,000 $860,000 $293,000
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2014

    Payman Farzaneh

    Coldwell Banker Realty

    Section Image
  • Farhad Ettehad

    Buyer's Agent in 2014

    Farhad Ettehad

    Americhoice Inc

    (408) 829-5296

    1 in this area

    7 Total Sales

    Farhad Ettehad
    Section Image
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Map

Source: MLSListings

MLS Number: ML81411409

MLSListings

APN: 523-24-028

California Santa Clara County Los Gatos 95032 East Los Gatos

140 Lu Ray Dr, Los Gatos, CA

This home is located at 140 Lu Ray Dr, Los Gatos, CA 95032 since 07 April 2014 and is currently estimated at $3,463,557, approximately $1,329 per square foot. This property was built in 1959. 140 Lu Ray Dr is a home located in Santa Clara County with nearby schools including Alta Vista Elementary School, Union Middle School, and Leigh High School.

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