NOT LISTED FOR SALE

Estimated Value: $5,175,000 - $6,263,716

4 Beds
6 Baths
6,100 Sq Ft
$946/Sq Ft Est. Value

Last Sold March 13, 2020

Last sale price $4,350,000 $713 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $35,814/month

18 Days on Market

Highlights

  • Wine Cellar
  • City Lights View
  • Fireplace in Primary Bedroom
  • Blossom Hill Elementary School Rated A
  • 3.29 Acre Lot
  • Vaulted Ceiling

About This Home

As of March 2020

Brand New Designer appointment!! Beautiful serenity w/exquisite views of the Valley; yet, only 1.5+/- miles from Los Gatos Blvd. Set upon a fabulous 3.29 ac site in a quaint enclave of Sky Ln in Los Gatos, this private & tranquil location offers a country aesthetic of privacy & beauty with the convenience of a neighborhood. The 6100 sf +/- hm has been extensively remodeled w/ top quality materials & professional designer touches. The main home offers 4 spacious bedrooms, an elegant office and game/theatre room. The common area offers open kitchen & great room, separate dining room, an office and 2 main level bedrooms. The outdoor living spaces are artfully designed including an outdoor kitchen and bar adjacent to a spectacular wine room with full dining capacity & bath in addition to a 750 bottle cellar. As a bonus, there is a detached 2 bedroom/2bath w/full kitchen aux unit/guest house w/separate entrance & parking & its own private deck and fabulous views. Los Gatos school district.

Last Agent to Sell the Property

Nevis and Ardizzone Team

Compass License #70010073 Listed on: 01/20/2020

Compass

Last Buyer's Agent

Joseph Sabeh Jr

Golden Gate Sotheby's Int'l License #01295925

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $53,166

Year Built

  • 1997

Lot Details

  • 3.29 Acre Lot
  • Back Yard

Parking

  • 3 Car Garage
  • Garage Door Opener
  • Electric Gate
  • Guest Parking
  • Off-Street Parking

Property Views

  • City Lights
  • Mountain
  • Valley

Home Design

  • Pillar, Post or Pier Foundation
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 6,100 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Two Way Fireplace
  • Gas Log Fireplace
  • Mud Room
  • Formal Entry
  • Wine Cellar
  • Great Room
  • Separate Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Breakfast Room
  • Formal Dining Room
  • Den
  • Fire Sprinkler System

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Double Oven
  • Electric Oven
  • Gas Cooktop
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • Marble Bathroom Countertops
  • Granite Bathroom Countertops
  • Dual Sinks
  • Soaking Tub in Primary Bathroom
  • Bathtub with Shower
  • Oversized Bathtub in Primary Bathroom
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry Tub

Outdoor Features

  • Balcony
  • Outdoor Kitchen
  • Fire Pit
  • Shed
  • Barbecue Area

Additional Homes

  • 1,305 SF Accessory Dwelling Unit

Utilities

  • Forced Air Heating and Cooling System
  • Wood Insert Heater
  • Vented Exhaust Fan
  • Propane
  • Water Softener is Owned
  • Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$53,166

Year Built

1997

Lot Details

0

Parking

3

Listing Details

  • Zoning: RHS-2
  • Subclass: Single Family Home
  • Age: 23
  • Listing Class: Residential
  • Second Res Apx Sq Ft: 1305
  • Structure Sq Ft: 6100
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1997

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Dual See Thru, Gas Log, Insert, Living Room, Primary Bedroom
  • Dining Room: Breakfast Bar, Breakfast Room, Eat In Kitchen, Formal Dining Room
  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Exhaust Fan, Garbage Disposal, Island, Oven - Built-In, Oven - Double, Oven - Electric, Pantry, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 6100
  • Stories: 2
  • Security: Fire System - Sprinkler
  • Bedrooms: Ground Floor Bedroom, Primary Bedroom On Ground Floor, More Than One Bedroom On Ground Floor
  • Laundry: Inside, Tub / Sink
  • Flooring: Carpet, Hardwood, Marble, Tile
  • Additional Rooms: Den / Study / Office, Formal Entry, Great Room, Laundry Room, Mud Room, Storage, Wine Cellar / Storage
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Full On Ground Floor, Granite, Marble, Primary - Oversized Tub, Primary - Stall Shower(s), Showers Over Tubs - 2+, Tile, Tub In Primary Bedroom

Exterior Features

  • Foundation: Post And Pier
  • Roof: Composition, Shingle
  • View: City Lights, Mountains, Valley
  • Yard/Grounds: Back Yard, Balcony / Patio, Bbq Area, Fire Pit, Outdoor Kitchen, Storage Shed / Structure

Garage/Parking

  • Garage Spaces: 3
  • Garage Max: 3
  • Garage Min: 3
  • Garage Parking Features: Attached Garage, Electric Gate, Gate / Door Opener, Guest / Visitor Parking, Off-Street Parking

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air
  • Sewer/Septic System: Septic Connected

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Vaulted Ceiling, Walk-In Closet, Wet Bar

Schools

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

Lot Info

  • Lot Description: Views
  • Lot Acres: 3.2925
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 143420.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 143420.00

Multi Family

  • Utilities: Propane On Site
  • Second Unit Description: 2bd/2ba unit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2020
Closed on
Feb 19, 2020
Sold by
Goodwin Keith E and Goodwin Janice K
Bought by
Rajagopalan Ranganathan and Rajagopalan Sujatha
Seller's Agent
Nevis and Ardizzone Team
Compass
Buyer's Agent
Joseph Sabeh Jr
Golden Gate Sotheby's Int'l
List Price
$4,500,000
Sold Price
$4,350,000
Premium/Discount to List
-$150,000
-3.33%
Current Estimated Value
$5,770,929

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,420,929
Avg. Annual Appreciation
5.30%
Original Mortgage
$1,500,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2002
Sold by
Goodwin Keith E and Goodwin Janice K
Bought by
Goodwin Keith E and Goodwin Janice K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.78%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 12, 2002
Sold by
Klasing Kevin L and Klasing Lori A
Bought by
Goodwin Keith E and Goodwin Janice K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.78%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 12, 1996
Sold by
Coombs Lindy Sherwood and Harris Linda D
Bought by
Klasing Kevin L and Klasing Lori A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Rajagopalan Ranganathan $4,350,000 Old Republic Title Company
Goodwin Keith E -- --
Goodwin Keith E $2,850,000 Alliance Title Company
Klasing Kevin L $550,000 Santa Clara Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rajagopalan Ranganathan $1,462,350
Closed Rajagopalan Ranganathan $1,500,000
Previous Owner Goodwin Keith E $1,000,000
Previous Owner Goodwin Keith E $800,000
Previous Owner Klasing Kevin L $800,000
Previous Owner Klasing Kevin L $100,000
Previous Owner Klasing Kevin L $440,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2020 03/13/20 Sold $4,350,000 -3.3% $713 / Sq Ft
02/08/2020 02/08/20 Pending -- -- --
01/20/2020 01/20/20 For Sale $4,500,000 -- $738 / 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 $53,166 $4,757,357 $2,570,066 $2,187,291
2024 $53,166 $4,664,076 $2,519,673 $2,144,403
2023 $52,297 $4,572,624 $2,470,268 $2,102,356
2022 $51,941 $4,482,966 $2,421,832 $2,061,134
2021 $51,198 $4,395,066 $2,374,346 $2,020,720
2020 $44,683 $3,849,795 $2,026,208 $1,823,587
2019 $44,041 $3,774,310 $1,986,479 $1,787,831
2018 $43,568 $3,700,305 $1,947,529 $1,752,776
2017 $43,497 $3,627,751 $1,909,343 $1,718,408
2016 $42,393 $3,556,619 $1,871,905 $1,684,714
2015 $42,218 $3,503,197 $1,843,788 $1,659,409
2014 $41,647 $3,434,575 $1,807,671 $1,626,904
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81779604

MLSListings

APN: 537-27-003