NOT LISTED FOR SALE

15005 Karl Ave Monte Sereno, CA 95030

Estimated Value: $7,953,000 - $11,657,227

5 Beds
4 Baths
5,230 Sq Ft
$1,774/Sq Ft Est. Value

Last Sold August 23, 2016

Last sale price $5,418,000 $1,036 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $59,130/month

97 Days on Market

Highlights

  • Heated In Ground Pool
  • 2.55 Acre Lot
  • Wood Flooring
  • Daves Avenue Elementary School Rated A
  • Canyon View
  • 4 Fireplaces

About This Home

As of August 2016

Presiding over 2.5 level acres, this magical estate property is located less than 2 miles to downtown Los Gatos on one of Monte Sereno's most coveted streets. The grounds are truly spectacular with sweeping vistas across the canyon and western hills. Classic California ranch w/an array of opportunities to further transform the property. A myriad of outdoor venues include a pool, entertaining patios, Zen garden with Koi pond, rose and cut flower gardens, fruit trees, garden work center and greenhouse, recreation building, workshop, and potential for a vineyard, stables and more. Fully equipped separate one bedroom guest cottage. Total finished sq. footage approx. 5,230 sq ft and 2,575 sq ft of unfinished space. The sellers have completed a recent topographical map that demonstrates the slope density formula meets the City of Monte Sereno's requirements for a 2 parcel lot split-approval is subject to application and review processes. Nearby La Rinconada Country Club. Los Gatos Schools.

Last Agent to Sell the Property

Ducky Grabill

Christie's International Real Estate Sereno License #01018603 Listed on: 04/18/2016

Christie's International Real Estate Sereno

Co-Listed By

Amy Hoefer

Christie's International Real Estate Sereno License #01466250

Last Buyer's Agent

George Montanari

Compass License #00780027

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $101,646

Year Built

  • Built in 1922

Lot Details

  • 2.55 Acre Lot
  • Gated Home
  • Level Lot
  • Sprinklers on Timer
  • Back Yard Fenced
  • May Be Possible The Lot Can Be Split Into 2+ Parcels
  • Zoning described as R144

Parking

  • 3 Car Detached Garage
  • Workshop in Garage
  • Garage Door Opener
  • On-Street Parking

Property Views

  • Canyon
  • Mountain
  • Hills
  • Garden

Home Design

  • Shake Roof
  • Wood Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,230 Sq Ft Home
  • 1-Story Property
  • Skylights in Kitchen
  • 4 Fireplaces
  • Wood Burning Fireplace
  • Separate Family Room
  • Formal Dining Room
  • Den
  • Workshop
  • Alarm System
  • Unfinished Basement

Kitchen

  • Built-In Double Oven
  • Electric Cooktop
  • Warming Drawer
  • Dishwasher
  • Kitchen Island
  • Tile Countertops

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms
  • Dual Sinks
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Washer and Dryer
  • Laundry Tub

Outdoor Features

  • Heated In Ground Pool
  • Balcony
  • Shed
  • Barbecue Area

Horse Facilities and Amenities

  • Horses Potentially Allowed on Property

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Separate Meters
  • Individual Gas Meter
  • High Speed Internet
  • Cable TV Available

Community Details

  • Courtyard

Listing and Financial Details

  • Assessor Parcel Number 409-39-007

Home Details

Home Type

Single Family

Est. Annual Taxes

$101,646

Year Built

Built in 1922

Lot Details

0

Parking

3

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch
  • Age: 94
  • Listing Class: Residential
  • Structure Sq Ft: 5230
  • Year Built: 1922
  • Zoning Description: R144
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Wood Burning
  • Dining Room: Formal Dining Room
  • Kitchen: Cooktop - Electric, Countertop - Tile, Dishwasher, Island, Oven - Built-In, Oven - Double, Pantry Cabinet, Refrigerator, Skylight, Warming Drawer
  • Living Sq Ft: 5230
  • Stories: 1
  • Security: Security Alarm
  • Laundry: Dryer, Hookup - Washer/Dryer, Tub / Sink, Washer, Washer / Dryer
  • Flooring: Carpet, Hardwood, Tile, Vinyl / Linoleum
  • Additional Rooms: Basement - Unfinished, Den / Study / Office, Guest House, Storage, Workshop
  • Fireplaces Min: 4
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Bathroom: Double Sinks, Shower and Tub, Stall Shower, Tub
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Pool Description: Pool - Heated, Pool - In Ground
  • Roof: Shake, Wood Shakes / Shingles
  • View: Canyon, Garden / Greenbelt, Hills, Mountains
  • Yard/Grounds: Back Yard, Balcony / Patio, BBQ Area, Courtyard, Sprinklers - Auto, Sprinklers - Lawn, Storage Shed / Structure
  • Horse Property: Possible
  • Pool: Yes
  • Fencing: Complete Perimeter, Fenced, Fenced Back, Gate, Mixed Height / Type

Garage/Parking

  • Garage Spaces: 3
  • Garage Max: 3
  • Garage Min: 3
  • Garage Parking Features: Detached Garage, Gate / Door Opener, On Street, Parking Area, Room for Oversized Vehicle, Workshop in Garage

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air - Gas, Heating - 2+ Units, Heating - 2+ Zones
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: Los Gatos-Saratoga Joint Union High

Lot Info

  • Lot Description: Grade - Level, Possible Lot Split, Views
  • Parcel Number: 409-39-007
  • Lot Acres: 2.5540
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 111239.17
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 111239.17

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2016
Closed on
Aug 10, 2016
Sold by
Hopp Wayne M and Eagen Katheryn M
Bought by
Gentzkow Paul F and Gentzkow Barbara G
Seller's Agent
Ducky Grabill
Christie's International Real Estate Sereno
Buyer's Agent
George Montanari
Compass
List Price
$7,890,000
Sold Price
$5,418,000
Premium/Discount to List
-$2,472,000
-31.33%
Current Estimated Value
$9,252,601

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,834,601
Avg. Annual Appreciation
6.87%
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
Gentzkow Paul F $5,418,000 Stewart Title Of Ca Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gentzkow Paul F $3,500,000
Previous Owner Hopp Wayne M $500,000
Previous Owner Hopp Wayne M $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2016 08/23/16 Sold $5,418,000 +0.9% $1,036 / Sq Ft
07/25/2016 07/25/16 Pending -- -- --
07/20/2016 07/20/16 Price Changed $5,368,000 -16.0% $1,026 / Sq Ft
05/24/2016 05/24/16 Price Changed $6,389,000 -19.0% $1,222 / Sq Ft
04/18/2016 04/18/16 For Sale $7,890,000 -- $1,509 / 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 $101,646 $8,860,155 $5,438,822 $3,421,333
2023 $100,076 $8,686,428 $5,332,179 $3,354,249
2022 $99,520 $8,516,107 $5,227,627 $3,288,480
2021 $98,101 $8,349,125 $5,125,125 $3,224,000
2020 $86,864 $7,457,574 $5,072,574 $2,385,000
2019 $79,939 $6,810,936 $5,555,736 $1,255,200
2018 $64,538 $5,446,800 $5,446,800 $0
2017 $65,431 $5,418,000 $4,000,000 $1,418,000
2016 $3,732 $3,500,000 $3,000,000 $500,000
2015 $3,595 $218,144 $110,131 $108,013
2014 $3,518 $213,872 $107,974 $105,898
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81580831

MLSListings

APN: 409-39-007