$1,750,000
SOLD AUG 22, 2023
3 Beds
2 Baths
1,550 Sq Ft
0.53 Acres

Recently Sold

$1,129 Per Sq Ft

22% Below List Price

106 Days on Market

Highlights

  • 0.53 Acre Lot
  • Wood Flooring
  • Combination Dining and Living Room
  • Westmont High School Rated A
  • Forced Air Heating System
  • 1-Story Property

About This Home

As of August 2023

Rare Opportunity, Multiple Options! 3 bedroom / 2 bath home on flat 1/2+ acre Los Gatos lot. Large additional covered parking for RV, boat, autos, etc. Site has zoning for Office/Medical/Mixed Use. Possible small subdivision or SB 9 options. Convenient location near Highway 85 and 17.

Last Agent to Sell the Property

Doug Ferrari

Prime Commercial, Inc. License #01032363 Listed on: 03/06/2023

Last Buyer's Agent

Doug Ferrari

Prime Commercial, Inc. License #01032363 Listed on: 03/06/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,616

Year Built

  • Built in 1941

Lot Details

  • 0.53 Acre Lot
  • Zoning described as C1

Parking

  • 2 Car Garage
  • 3 Carport Spaces

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,550 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 406-30-016

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,616

Year Built

Built in 1941

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 82
  • Listing Class: Residential
  • Structure Sq Ft: 1550
  • Year Built: 1941
  • Zoning Description: C1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room
  • Dining Room: Dining Area in Living Room
  • Living Sq Ft: 1550
  • Stories: 1
  • Flooring: Hardwood
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Carport
  • Carport Min: 3

Utilities

  • Heating System: Forced Air
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Schools

  • School District: Campbell Union High

Lot Info

  • Parcel Number: 406-30-016
  • Lot Acres: 0.5342
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 23270.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 23270.00

Multi Family

  • Utilities: Natural Gas

MLS Schools

  • High School District Text: Campbell Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2023
Closed on
Aug 10, 2023
Sold by
Ravi K Singh M D Inc
Bought by
Los Gatos Llc
Seller's Agent
Doug Ferrari
Prime Commercial, Inc.
Buyer's Agent
Doug Ferrari
Prime Commercial, Inc.
List Price
$2,250,000
Sold Price
$1,750,000
Premium/Discount to List
-$500,000
-22.22%
Views
75
Current Estimated Value
$1,982,936

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$232,936
Avg. Annual Appreciation
6.80%
Original Mortgage
$865,000
Outstanding Balance
$864,582
Interest Rate
23.12%
Mortgage Type
New Conventional
Estimated Equity
$1,118,354

Purchase Details

Closed on
Nov 25, 2020
Sold by
Falcone Diane and Marie Elena Falcone Exempt Sha
Bought by
Ravi K Singh M D Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,295,000
Interest Rate
2.6%
Mortgage Type
Commercial

Purchase Details

Closed on
May 19, 2015
Sold by
Falcone Marie Elena and Marie Elena Falcone Exempt Sha
Bought by
Lillian Ann Falcone Living Trust and Marie Elena Falcone Exempt Share Trust

Purchase Details

Closed on
Mar 9, 1999
Sold by
Falcone Joseph R and Falcone Marie Elena
Bought by
Falcone Marie Elena and Lillian Ann Falcone Living Tru
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,750,000 Chicago Title
Grant Deed $1,850,000 Chicago Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $865,000 New Conventional
Previous Owner $1,295,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2023 08/22/23 Sold $1,750,000 -10.3% $1,129 / Sq Ft
06/21/2023 06/21/23 Pending -- -- --
05/26/2023 05/26/23 Price Changed $1,950,000 -13.3% $1,258 / Sq Ft
05/17/2023 05/17/23 For Sale $2,250,000 0.0% $1,452 / Sq Ft
04/25/2023 04/25/23 Pending -- -- --
03/06/2023 03/06/23 For Sale $2,250,000 +21.6% $1,452 / Sq Ft
02/11/2021 02/11/21 Sold $1,850,000 -3.9% $1,194 / Sq Ft
11/15/2020 11/15/20 Pending -- -- --
10/23/2020 10/23/20 For Sale $1,925,000 0.0% $1,242 / Sq Ft
10/23/2020 10/23/20 Price Changed $1,925,000 -3.5% $1,242 / Sq Ft
09/10/2020 09/10/20 Pending -- -- --
09/06/2020 09/06/20 For Sale $1,995,000 0.0% $1,287 / Sq Ft
09/05/2020 09/05/20 Pending -- -- --
08/22/2020 08/22/20 For Sale $1,995,000 -- $1,287 / 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
2024 $21,616 $1,750,000 $1,700,000 $50,000
2023 $20,757 $1,670,000 $1,419,500 $250,500
2022 $23,550 $1,887,000 $1,603,950 $283,050
2021 $1,915 $82,780 $55,490 $27,290
2020 $1,858 $81,933 $54,922 $27,011
2019 $1,814 $80,328 $53,846 $26,482
2018 $1,758 $78,754 $52,791 $25,963
2017 $1,714 $77,210 $51,756 $25,454
2016 $1,601 $75,697 $50,742 $24,955
2015 $1,545 $74,561 $49,980 $24,581
2014 $1,433 $73,101 $49,001 $24,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81920755

MLSListings

APN: 406-30-016