NOT LISTED FOR SALE

Estimated Value: $3,704,103 - $4,440,000

4 Beds
2.5 Baths
2,542 Sq Ft
$1,568/Sq Ft Est. Value

Last Sold May 20, 2015

Last sale price $2,250,000 $885 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $23,922/month

21 Days on Market

Highlights

  • 0.47 Acre Lot
  • Canyon View
  • Formal Dining Room
  • Daves Avenue Elementary School Rated A
  • Wood Flooring
  • 2 Car Attached Garage

About This Home

As of May 2015

This beautifully remodeled single-story home is situated on a sprawling 20,412 sq ft lot which features a lush, private setting and stunning views of the Los Gatos mountains. Large sliding doors encase the open living, kitchen and dining areas, which offer the ultimate indoor-outdoor California lifestyle. Award winning Los Gatos Schools!

Last Agent to Sell the Property

Kendra Parker Tate

Christie's International Real Estate Sereno License #01937578 Listed on: 04/06/2015

Last Buyer's Agent

Michael Riese

Christie's International Real Estate Sereno License #01366625

Christie's International Real Estate Sereno

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,200

Year Built

  • Built in 1956

Lot Details

  • 0.47 Acre Lot
  • Kennel or Dog Run
  • Fenced
  • Sprinklers on Timer
  • Drought Tolerant Landscaping
  • Back Yard
  • Zoning described as R112

Parking

  • 2 Car Attached Garage

Property Views

  • Canyon
  • Mountain

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,542 Sq Ft Home
  • 1-Story Property
  • Separate Family Room
  • Formal Dining Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms

Additional Features

  • Barbecue Area
  • Forced Air Heating and Cooling System

Community Details

  • Courtyard

Listing and Financial Details

  • Assessor Parcel Number 409-26-016

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,200

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 59
  • Listing Class: Residential
  • Structure Sq Ft: 2542
  • Incorporated: Yes
  • Year Built: 1956
  • Zoning Description: R112
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Dining Room: Formal Dining Room
  • Living Sq Ft: 2542
  • Stories: 1
  • Flooring: Hardwood
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • View: Canyon, Mountains
  • Yard/Grounds: Back Yard, BBQ Area, Courtyard, Dog Run / Kennel, Drought Tolerant Plants, Fenced, Sprinklers - Auto

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage

Utilities

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

Schools

  • School District: Los Gatos-Saratoga Joint Union High

Lot Info

  • Parcel Number: 409-26-016
  • Lot Acres: 0.4690
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 20412.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 20412.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Los Gatos-Saratoga Joint Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 20, 2020
Sold by
Cummings Uri V and Cummings Erica D
Bought by
Duan Xiaoming and Xie Manjing
Current Estimated Value
$3,986,026

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,321,000
Outstanding Balance
$1,154,852
Interest Rate
2.37%
Mortgage Type
New Conventional
Estimated Equity
$2,831,174

Purchase Details

Listed on
Apr 6, 2015
Closed on
Jun 5, 2015
Sold by
Cummings Uri and Cummings Erica D
Bought by
Uri & Erica Cummings Living Trust and Cummings Erica D
Seller's Agent
Kendra Parker Tate
Christie's International Real Estate Sereno
Buyer's Agent
Michael Riese
Christie's International Real Estate Sereno
List Price
$2,395,000
Sold Price
$2,250,000
Premium/Discount to List
-$145,000
-6.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.62%

Purchase Details

Closed on
Mar 20, 2015
Sold by
Swenson John M and Swenson Gina R
Bought by
Cummings Uri and Cummings Erica D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
3.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 13, 2008
Sold by
Gorini Richard A and Freeman Gerald I
Bought by
Swenson John M and Swenson Gina R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Interest Rate
5.64%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 10, 1998
Sold by
Freeman Gerald I and Freeman Clarice M
Bought by
Gerald I & Clarice M Freeman Family Ltd

Purchase Details

Closed on
Dec 10, 1986
Sold by
Freeman Gerald I and Freeman Clarice M
Bought by
Freeman Gerald I and Freeman Clarice M
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
Duan Xiaoming $2,922,000 Cornerstone Title Company
Uri & Erica Cummings Living Trust -- None Available
Cummings Uri $2,250,000 Chicago Title Company
Swenson John M $1,540,000 Chicago Title Company
Gerald I & Clarice M Freeman Family Ltd $705,000 --
Freeman Gerald I -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duan Xiaoming $1,321,000
Previous Owner Cummings Uri $1,200,000
Previous Owner Swenson John M $154,000
Previous Owner Swenson John M $1,155,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/20/2015 05/20/15 Sold $2,250,000 -6.1% $885 / Sq Ft
04/27/2015 04/27/15 Pending -- -- --
04/06/2015 04/06/15 For Sale $2,395,000 -- $942 / 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 $36,200 $3,162,648 $2,706,080 $456,568
2024 $36,200 $3,100,636 $2,653,020 $447,616
2023 $35,595 $3,039,840 $2,601,000 $438,840
2022 $35,273 $2,980,236 $2,550,000 $430,236
2021 $34,727 $2,921,800 $700,000 $2,221,800
2020 $29,324 $2,472,609 $769,255 $1,703,354
2019 $28,930 $2,424,127 $754,172 $1,669,955
2018 $28,538 $2,376,596 $739,385 $1,637,211
2017 $28,482 $2,329,997 $724,888 $1,605,109
2016 $27,764 $2,284,312 $710,675 $1,573,637
2015 $21,314 $1,721,544 $765,038 $956,506
2014 -- $1,687,822 $750,052 $937,770
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81458475

MLSListings

APN: 409-26-016