NOT LISTED FOR SALE

Estimated Value: $3,025,000 - $5,115,000

4 Beds
3.5 Baths
4,483 Sq Ft
$961/Sq Ft Est. Value

Last Sold August 19, 2021

Last sale price $3,750,000 $836 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $27,585/month

Highlights

  • 3.17 Acre Lot
  • Mountain View
  • Breakfast Area or Nook
  • Blossom Hill Elementary School Rated A
  • Wine Refrigerator
  • Formal Dining Room

About This Home

As of October 2021

New Price!!! VIEWS and PRIVACY Galore! Imagine coming home to this private sanctuary after a stressful day of work. Enjoy a glass of wine as you watch the beautiful sunset and views. A private getaway yet accessible to downtown Los Gatos and top-rated Los Gatos schools! Inside you will find 4 bedrooms plus an additional bonus room or office, a ground floor junior suite, 3.5 bathrooms, 3 car garage, formal living and dining plus a separate family room with gas starter fireplace, kitchen with a sunken breakfast nook, and an open study with built in bookshelves. Other features include an enclosed sun room, owned solar panel system, central cooling and heating, new roof in 2021, refinished hardwood floors, automatic screen doors, wet bar, new carpets, & dual pane windows/doors throughout. There are also multiple decks and a balcony with city lights and mountain views. New gas cooktop, oven, and perimeter fencing to be installed Nov2021. Short term lease may be possible. Open House Sun 9/26

Last Agent to Rent the Property

Hiep Nguyen

Intero Real Estate Services License #01441508 Listed on: 08/31/2021

Intero Real Estate Services

Last Renter's Agent

Hiep Nguyen

Intero Real Estate Services License #01441508 Listed on: 08/31/2021

Intero Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $44,726

Year Built

  • 1992

Lot Details

  • 3.17

Parking

  • 3 Car Garage
  • Garage Door Opener

Property Views

  • Mountain
  • Hills

Interior Spaces

  • 4,483 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Separate Family Room
  • Formal Dining Room
  • Washer and Dryer

Kitchen

  • Breakfast Area or Nook
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms

Additional Features

  • 3.17 Acre Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Security Deposit $10,000
  • Property Available on 9/22/21
  • Rent includes sewer
  • 4-Month Minimum Lease Term

Home Details

Home Type

Single Family

Est. Annual Taxes

$44,726

Year Built

1992

Lot Details

0

Parking

3

Rental Info

  • Available: 09/22/2021
  • Lease Terms: Credit Report Required
  • Minimum Lease Months: 4
  • Rent Includes: Sewer
  • Security Deposit: 10000

Listing Details

  • Subclass: House For Rent
  • Age: 29
  • Listing Class: Residential Lease/Rental
  • Structure Sq Ft: 4483
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1992

Interior Features

  • Family Room: Separate Family Room
  • Dining Room: Breakfast Nook, Formal Dining Room
  • Kitchen: Dishwasher, Island, Microwave, Refrigerator, Wine Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 4483
  • Stories: 2
  • Laundry: Washer / Dryer
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • View: Hills, Mountains

Garage/Parking

  • Garage Spaces: 3
  • Garage Parking Features: Attached Garage, Gate / Door Opener

Utilities

  • Cooling System: Central Ac, Central Forced Air - Gas
  • Heating System: Central Forced Air

Schools

  • School District: Los Gatos-Saratoga Joint Union High
  • Elementary School: Blossom Hill Elementary
  • Middle School: Raymond J. Fisher Middle
  • High School: Los Gatos High
  • High School: 262
  • Elementary School: 139
  • Middle School: 141

Lot Info

  • Lot Acres: 3.1670
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 137954.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 137954.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2021
Closed on
Aug 6, 2021
Sold by
Fritsch Frank J and Fritsch Eleen E
Bought by
Vedaraman Shankar and Shankar Subhashini
Seller's Agent
Andy Tse
Intero Real Estate Services
Buyer's Agent
Hiep Nguyen
Intero Real Estate Services
List Price
$3,498,000
Sold Price
$3,750,000
Premium/Discount to List
$252,000
7.2%
Current Estimated Value
$4,307,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$557,400
Avg. Annual Appreciation
4.53%
Original Mortgage
$2,000,000
Outstanding Balance
$1,834,243
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$2,629,535

Purchase Details

Closed on
Apr 5, 1994
Sold by
Fritsch Frank J and Fritsch Eileen E
Bought by
Fritsch Frank J and Fritsch Eileen E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$643,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Vedaraman Shankar $3,750,000 Old Republic Title Company
Fritsch Frank J -- Santa Clara Land Title Compa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vedaraman Shankar $2,000,000
Previous Owner Fritsch Frank J $643,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2021 10/07/21 Rented $8,500 0.0% --
09/22/2021 09/22/21 Price Changed $8,500 -5.6% $2 / Sq Ft
08/31/2021 08/31/21 For Rent $9,000 0.0% --
08/19/2021 08/19/21 Sold $3,750,000 +7.2% $836 / Sq Ft
07/14/2021 07/14/21 Pending -- -- --
07/09/2021 07/09/21 For Sale $3,498,000 -- $780 / 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 $44,726 $3,901,500 $3,121,200 $780,300
2023 $43,983 $3,825,000 $3,060,000 $765,000
2022 $43,684 $3,750,000 $3,000,000 $750,000
2021 $17,154 $1,441,487 $640,660 $800,827
2020 $16,871 $1,426,707 $634,091 $792,616
2019 $16,665 $1,398,733 $621,658 $777,075
2018 $16,449 $1,371,308 $609,469 $761,839
2017 $16,430 $1,344,420 $597,519 $746,901
2016 $16,032 $1,318,059 $585,803 $732,256
2015 $15,963 $1,298,261 $577,004 $721,257
2014 $15,750 $1,272,831 $565,702 $707,129
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81860737

MLSListings

APN: 537-12-006