$1,225,000
SOLD JUN 21, 2013
1 Bed
1 Bath
782 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$1,566 Per Sq Ft

9% Above List Price

10 Days on Market

Highlights

  • 1 Car Detached Garage
  • Eat-In Kitchen
  • Fenced
  • Louise Van Meter Elementary School Rated A
  • Dining Room
  • Vinyl Flooring

About This Home

As of August 2021

First time on market. Family property since 1940's,. Value is in the land. Build your own home just minutes from downtown Los Gatos offering Los Gatos schools. Desirable location. Bring your imagination! One bedroom, one bath cottage with front porch. Newer enclosed patio in the back with security doors, florescent lighting and electricity.

Last Agent to Sell the Property

Helen Tan

Compass License #00666404 Listed on: 05/13/2013

Compass

Last Buyer's Agent

Benjamin Guilardi

Compass License #00772203

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $48,338

Year Built

  • Built in 1942

Lot Details

  • Fenced
  • Zoning described as R110

Parking

  • 1 Car Detached Garage

Home Design

  • Composition Roof

Interior Spaces

  • 782 Sq Ft Home
  • 1-Story Property
  • Dining Room
  • Vinyl Flooring
  • Laundry in Garage

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Wall Furnace
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 529-32-046

Home Details

Home Type

Single Family

Est. Annual Taxes

$48,338

Year Built

Built in 1942

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Style: Cottage/Bungalow
  • Age: 71
  • Sale Price Per Sq Ft: 1566.50
  • Listing Class: Residential
  • Structure Sq Ft: 782
  • Incorporated: Yes
  • Map Book Page: 893
  • Map Side Coordinate: 1
  • Map Top Coordinate: A
  • Thomas Bros Page: 893
  • Thomas Brothers: A1
  • Year Built: 1942
  • Zoning Description: R110
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room, No Separate Family Room
  • Dining Room: No Formal Dining Room, Eat in Kitchen
  • Kitchen: Oven Range
  • Living Sq Ft: 782
  • Stories: 1
  • Laundry: In Garage, In Laundry Room
  • Flooring: Carpet - Area, Vinyl / Linoleum
  • Maximum Bathrooms: 1
  • Maximum Numberof Bedrooms: 1
  • Minimum Bathrooms: 1
  • Minimum Numberof Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Pool Description: Pool - No
  • Roof: Composition
  • Yard/Grounds: Patio(s)/Deck(s) - Covered, Fenced

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Detached Garage

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Schools

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

Lot Info

  • Parcel Number: 529-32-046
  • List Price per Sq Ft: 1438.62
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9000.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 9000.00
  • Lot Size Area Min Search: 9000.00
  • Maximum Lot Size: 9000.00
  • Map Book: Thomas Bros

Multi Family

  • Maximum Building Height: 1
  • Minimum Building Height: 1

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2021
Closed on
Jul 16, 2021
Sold by
Namashivayam Sambamurthy and Sambamurthy Menaka
Bought by
Leong Jason Jeffrey Chan and Leong Carol Huyen
Seller's Agent
Ashwin Veeravalli
Compass
Buyer's Agent
David Murthy
Real Estate eBroker Inc
List Price
$3,499,000
Sold Price
$4,015,000
Premium/Discount to List
$516,000
14.75%
Current Estimated Value
$4,819,268

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$804,268
Avg. Annual Appreciation
4.60%
Original Mortgage
$3,000,000
Outstanding Balance
$2,737,800
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$2,081,468

Purchase Details

Listed on
Nov 13, 2018
Closed on
Dec 20, 2018
Sold by
Henderson Randy J and Henderson Chrystie
Bought by
Namashivayam Sambamurthy and Sambamurthy Menaka
Seller's Agent
Connie Miller
Compass
Buyer's Agent
Ashwin Veeravalli
Compass
List Price
$3,295,000
Sold Price
$2,750,000
Premium/Discount to List
-$545,000
-16.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.00%
Original Mortgage
$1,250,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jun 26, 2015
Closed on
Aug 11, 2015
Sold by
Scott John C and Scott Elive E
Bought by
Henderson Randy J and Henderson Chrystie
Seller's Agent
Benjamin Guilardi
Compass
Buyer's Agent
Connie Miller
Compass
List Price
$3,288,000
Sold Price
$3,150,000
Premium/Discount to List
-$138,000
-4.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.96%

Purchase Details

Listed on
May 13, 2013
Closed on
Jul 8, 2013
Sold by
Guilardi Benjamin
Bought by
Scott John C and Scott Elvie E
Seller's Agent
Helen Tan
Compass
Buyer's Agent
Benjamin Guilardi
Compass
List Price
$1,125,000
Sold Price
$1,225,000
Premium/Discount to List
$100,000
8.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
53.03%
Original Mortgage
$1,600,000
Interest Rate
4.75%
Mortgage Type
Construction

Purchase Details

Listed on
May 13, 2013
Closed on
Jun 17, 2013
Sold by
Delcarlo Rick D
Bought by
Scott John C and Scott Elvie E
Seller's Agent
Helen Tan
Compass
Buyer's Agent
Benjamin Guilardi
Compass
List Price
$1,125,000
Sold Price
$1,225,000
Premium/Discount to List
$100,000
8.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,600,000
Interest Rate
4.75%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 17, 1995
Sold by
Biagi Lawrence Joseph and Biagi Nancy
Bought by
Delcarlo Rena C and Del Carlo Rena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.71%

Purchase Details

Closed on
Aug 8, 1995
Sold by
Delcarlo Rena C and Biagi Lawrence Joseph
Bought by
Delcarlo Rena C and Delcarlo Rick D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.71%

Purchase Details

Closed on
May 5, 1994
Sold by
Biagi Lawrence Joseph and Biagi Nancy
Bought by
Biagi Lawrence Joseph and Biagi Nancy
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 $4,015,000 Stewart Title Of Ca Inc
Grant Deed $2,750,000 Old Republic Title Co
Grant Deed $3,150,000 Old Republic Title Company
Quit Claim Deed -- None Available
Grant Deed $1,225,000 Old Republic Title Company
Grant Deed $50,000 Old Republic Title
Interfamily Deed Transfer -- Old Republic Title Company
Grant Deed -- --
Grant Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,000,000 New Conventional
Previous Owner $1,250,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,600,000 Construction
Previous Owner $75,000 New Conventional
Previous Owner $50,000 Credit Line Revolving
Previous Owner $118,500 Unknown
Previous Owner $120,000 Unknown
Previous Owner $40,000 Credit Line Revolving
Previous Owner $100,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2021 08/06/21 Sold $4,015,000 +14.7% $1,092 / Sq Ft
07/13/2021 07/13/21 Pending -- -- --
07/07/2021 07/07/21 For Sale $3,499,000 +27.2% $952 / Sq Ft
01/17/2019 01/17/19 Sold $2,750,000 -8.0% $748 / Sq Ft
12/10/2018 12/10/18 Pending -- -- --
12/03/2018 12/03/18 Price Changed $2,990,000 -9.3% $813 / Sq Ft
11/13/2018 11/13/18 For Sale $3,295,000 +4.6% $896 / Sq Ft
09/09/2015 09/09/15 Sold $3,150,000 -4.2% $860 / Sq Ft
08/03/2015 08/03/15 Pending -- -- --
07/15/2015 07/15/15 For Sale $3,288,000 +4.4% $898 / Sq Ft
07/15/2015 07/15/15 Off Market $3,150,000 -- --
06/26/2015 06/26/15 For Sale $2,995,000 +144.5% $818 / Sq Ft
06/21/2013 06/21/13 Sold $1,225,000 +8.9% $1,566 / Sq Ft
05/23/2013 05/23/13 Pending -- -- --
05/13/2013 05/13/13 For Sale $1,125,000 -- $1,439 / 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 $48,338 $4,260,750 $3,183,624 $1,077,126
2024 $48,338 $4,177,206 $3,121,200 $1,056,006
2023 $47,553 $4,095,300 $3,060,000 $1,035,300
2022 $47,235 $4,015,000 $3,000,000 $1,015,000
2021 $33,903 $2,834,059 $2,061,134 $772,925
2020 $33,316 $2,805,000 $2,040,000 $765,000
2019 $39,632 $3,342,805 $2,122,416 $1,220,389
2018 $39,104 $3,277,260 $2,080,800 $1,196,460
2017 $38,990 $3,213,000 $2,040,000 $1,173,000
2016 $38,038 $3,150,000 $2,000,000 $1,150,000
2015 $18,858 $1,503,687 $753,087 $750,600
2014 $15,254 $1,230,560 $738,336 $492,224
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81316586

MLSListings

APN: 529-32-046