NOT LISTED FOR SALE

Estimated Value: $3,141,803 - $3,346,000

4 Beds
3.5 Baths
2,495 Sq Ft
$1,293/Sq Ft Est. Value

Last Sold October 24, 2022

Last sale price $2,525,000 $1,012 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $19,351/month

143 Days on Market

Highlights

  • Primary Bedroom Suite
  • 2.91 Acre Lot
  • Family Room with Fireplace
  • Blossom Hill Elementary School Rated A
  • Ridge View
  • Vaulted Ceiling

About This Home

As of October 2022

Sophisticated elegance abounds.Architecturally stunning shingle style beautifully updated sunny home featuring spectacular panoramic views.Privately situated-reminiscent of Tuscany-2.9+ac offers a perfect balance of tranquil living,min away from downtown Los Gatos dining-shopping-schools-easy commute location.Private drive-mature landscaping-rose gardens-brick patios+decks offer views of surrounding hills+mountains Featuring soaring ceiling heights w floor-to-ceiling windows flooding the interior with natural light Open floor plan inc recently remodeled kitchen-fabulous primary en-suite retreat-gorgeous large living+family rooms+sep dining room.Access from primary bedroom suite+all public rooms to expansive wrap-around view deck with extension ideal for alfresco dining creates a seamless integration of indoor/outdoor living.Separate exterior access to 4th bedroom ensuite ideal 4 office/au-pair/inlaws.Conceptual site plan features a proposed 1,200 sq ft ADU with private driveway access.

Last Agent to Sell the Property

Carol Jeans

Christie's International Real Estate Sereno License #01117857 Listed on: 05/03/2022

Christie's International Real Estate Sereno

Co-Listed By

Scott Holt

Christie's International Real Estate Sereno License #01897706

Last Buyer's Agent

Gary Campi

Golden Gate Sotheby's International Realty License #00600311

Golden Gate Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,604

Year Built

  • 1976

Lot Details

  • 2.91 Acre Lot
  • Gentle Sloping Lot
  • Irrigation

Parking

  • 2 Car Attached Garage
  • Uncovered Parking

Property Views

  • Ridge
  • Hills

Home Design

  • Traditional Architecture
  • Pillar, Post or Pier Foundation
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,495 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Garden Windows
  • Mud Room
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Double Oven
  • Electric Oven
  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Bathtub with Shower

Laundry

  • Laundry in Utility Room
  • Electric Dryer Hookup

Horse Facilities and Amenities

  • Horses Potentially Allowed on Property

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • 220 Volts
  • Propane
  • Water Softener is Owned
  • Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,604

Year Built

1976

Lot Details

0

Parking

2

Listing Details

  • Zoning: A-20S
  • Subclass: Single Family Home
  • Style: Traditional
  • Listing Class: Residential
  • Structure Sq Ft: 2495
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1976

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Living Room
  • Dining Room: Breakfast Bar, Breakfast Nook, Formal Dining Room
  • Kitchen: 220 Volt Outlet, Cooktop - Gas, Countertop - Quartz, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Hookups - Gas, Oven - Double, Oven - Electric, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 2495
  • Stories: 2
  • Bedrooms: Primary Suite / Retreat
  • Laundry: Electricity Hookup (220V), In Utility Room, Inside
  • Flooring: Carpet, Hardwood
  • Additional Rooms: Mud Room
  • Fireplaces Min: 2
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Shower Over Tub - 1, Tub In Primary Bedroom

Exterior Features

  • Foundation: Concrete Perimeter, Pillars / Posts / Piers
  • Roof: Composition, Shingle
  • View: Hills, Ridge
  • Horse Property: Possible

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage, Room For Oversized Vehicle, Uncovered Parking

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Garden Window, High Ceiling, Vaulted Ceiling

Lot Info

  • Lot Description: Grade - Gently Sloped
  • Lot Acres: 2.9060
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 126587.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 126587.00

Multi Family

  • Utilities: Propane On Site, Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 7, 2022
Sold by
Luthman 1987 Revocable Trust
Bought by
Posner Thomas and Posner Nicole
Current Estimated Value
$3,225,701

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,515,000
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 7, 1994
Sold by
Luthman Elmer H and Luthman Virginia E
Bought by
Luthman Elmer H and Luthman Virginia E
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
Posner Thomas $2,525,000 Stewart Title Of California
Luthman Elmer H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Posner Thomas $1,515,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/24/2022 10/24/22 Sold $2,525,000 -15.8% $1,012 / Sq Ft
09/24/2022 09/24/22 Pending -- -- --
06/16/2022 06/16/22 Price Changed $2,998,000 -9.1% $1,202 / Sq Ft
05/03/2022 05/03/22 For Sale $3,299,000 -- $1,322 / 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 $29,604 $2,627,010 $2,080,800 $546,210
2024 $29,604 $2,575,500 $2,040,000 $535,500
2023 $29,085 $2,525,000 $2,000,000 $525,000
2022 $5,268 $417,958 $140,614 $277,344
2021 $5,154 $409,763 $137,857 $271,906
2020 $5,071 $405,562 $136,444 $269,118
2019 $5,014 $397,611 $133,769 $263,842
2018 $4,951 $389,816 $131,147 $258,669
2017 $4,944 $382,174 $128,576 $253,598
2016 $4,821 $374,681 $126,055 $248,626
2015 $4,800 $369,054 $124,162 $244,892
2014 $4,451 $361,825 $121,730 $240,095
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81889749

MLSListings

APN: 537-27-059