NOT LISTED FOR SALE

Estimated Value: $5,876,000 - $6,351,000

6 Beds
4.5 Baths
4,013 Sq Ft
$1,532/Sq Ft Est. Value

Last Sold July 20, 2021

Last sale price $5,400,000 $1,346 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $39,771/month

2 Days on Market

Highlights

  • Stables
  • Horse Property
  • Private Pool
  • Daves Avenue Elementary School Rated A
  • Wine Cellar
  • Primary Bedroom Suite

About This Home

As of July 2021

Meticulously Designed Tuscan Estate located in the unique and one of a kind Loma Serena Equestrian Association. Indoor/outdoor lifestyle at it's best featuring approx 4400 square feet of exquisite living space on a peaceful and private almost 3/4 of an acre sanctuary. Quality materials and thoughtful attention to detail throughout. This impeccable home offers a versatile floor plan with six bedrooms, an expansive, luxurious Master Suite with separate office, four and a half bathrooms, a custom gourmet kitchen and sunlit views from all windows. Beautiful resort like grounds enhanced by numerous patios, verandas, loggias, a full outdoor kitchen, built-in firepit and a gorgeous pool and spa. Separate entrance to a fully appointed studio apartment and the approximately 900 bottle wine cellar. Located in an absolutely extraordinary setting backing to Oak studded open space with full access to 45 acres of trails, horse facilities and riding arenas.

Last Listed By

Bart Call

Christie's International Real Estate Sereno License #01109483 Listed on: 06/09/2021

Christie's International Real Estate Sereno

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $65,069

Year Built

  • 2001

Lot Details

  • 0.68 Acre Lot
  • Fenced
  • Lot Sloped Down
  • Sprinklers on Timer
  • Mostly Level
  • Back Yard

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Off-Street Parking

Property Views

  • Skyline
  • Hills
  • Forest
  • Park or Greenbelt
  • Neighborhood

Home Design

  • Custom Home
  • Mediterranean Architecture
  • Slate Roof
  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,013 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Bay Window
  • Formal Entry
  • Wine Cellar
  • Separate Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Combination Dining and Living Room
  • Den
  • Bonus Room
  • Crawl Space

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Double Self-Cleaning Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Marble Bathroom Countertops
  • Stone Countertops In Bathroom
  • Dual Sinks
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Outdoor Features

  • Private Pool
  • Horse Property
  • Balcony
  • Deck
  • Outdoor Kitchen
  • Fire Pit
  • Barbecue Area

Horse Facilities and Amenities

  • Wash Rack
  • Paddocks
  • Stables
  • Arena

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan

Community Details

Overview

  • Association fees include fencing, insurance - common area, maintenance - common area, reserves
  • Loma Serena Homeowners Association
  • Greenbelt

Amenities

  • Courtyard

Home Details

Home Type

Single Family

Est. Annual Taxes

$65,069

Year Built

2001

Lot Details

0

HOA Fees

$100 per month

Parking

2

Listing Details

  • Zoning: R144
  • Subclass: Single Family Home
  • Style: Custom, Luxury, Mediterranean
  • Restrictions: Age - No Restrictions
  • Age: 20
  • Listing Class: Residential
  • Structure Sq Ft: 4013
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2001

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Log, Gas Starter, Living Room, Primary Bedroom
  • Dining Room: Breakfast Bar, Breakfast Nook, Dining Area In Living Room, Eat In Kitchen
  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Exhaust Fan, Garbage Disposal, Island, Microwave, Oven - Double, Oven - Self Cleaning, Refrigerator, Wine Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 4013
  • Stories: 1
  • Bedrooms: Primary Suite / Retreat, Walk-In Closet
  • Laundry: Electricity Hookup (220V), Inside
  • Flooring: Carpet, Hardwood, Stone
  • Additional Rooms: Bonus / Hobby Room, Den / Study / Office, Formal Entry, Laundry Room, Storage, Wine Cellar / Storage
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 6
  • Minimum Numberof Bedrooms: 6
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Bathroom: Double Sinks, Marble, Primary - Stall Shower(s), Sauna, Showers Over Tubs - 2+, Skylight, Stall Shower, Stone, Tile, Tub In Primary Bedroom

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space
  • Pool Description: Yes
  • Roof: Slate, Tile
  • View: Forest / Woods, Greenbelt, Hills, Neighborhood
  • Yard/Grounds: Back Yard, Balcony / Patio, Bbq Area, Courtyard, Deck, Fire Pit, Outdoor Kitchen, Sprinklers - Auto, Sprinklers - Lawn
  • Horse Property: Yes
  • Fencing: Fenced
  • Horse Property Description: Arena, Barn Amenities, Paddocks, Stalls, Trailer Storage, Wash Rack
  • Pool: Pool - Cover, Pool - In Ground, Pool - Sweep, Spa - Gas, Spa - Jetted, Spa / Hot Tub

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Gate / Door Opener, Off-Street Parking

Utilities

  • Cooling System: Central Ac, Multi-Zone
  • Heating System: Central Forced Air - Gas, Heating - 2+ Zones
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Condo/Co-op/Association

  • Complex Name: Loma Serena Homeowners
  • HOA Fees: 1200
  • HOA Amenities: Garden / Greenbelt / Trails
  • HOA Documents: Bylaws, Cc&rs, Financial Statement, Minutes, Rules & Regulations
  • HOA Fee Frequency: Annually
  • Association Fees Include: Fencing, Insurance - Common Area, Maintenance - Common Area, Reserves
  • HOA Exist: Yes
  • H O A Name Text: Loma Serena Homeowners Association

Association/Amenities

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

Schools

  • School District: Los Gatos-Saratoga Joint Union High
  • Elementary School: Daves Avenue Elementary
  • Middle School: Raymond J. Fisher Middle
  • High School: Los Gatos High
  • High School: 262
  • Elementary School: 140
  • Middle School: 141

Lot Info

  • Lot Description: Grade - Mostly Level, Grade - Sloped Down
  • Lot Acres: 0.6818
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 29700.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 29700.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2021
Closed on
Jun 30, 2021
Sold by
Cutini Jerauld J and Cutini Elise J
Bought by
Hoffman George and Hoffman Julia
Seller's Agent
Bart Call
Christie's International Real Estate Sereno
Buyer's Agent
Elena Licari
Compass
List Price
$4,780,000
Sold Price
$5,400,000
Premium/Discount to List
$620,000
12.97%
Total Days on Market
2
Current Estimated Value
$6,147,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$747,995
Avg. Annual Appreciation
3.44%
Original Mortgage
$3,240,000
Outstanding Balance
$2,965,169
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$3,182,826

Purchase Details

Closed on
Dec 17, 2004
Sold by
Cutini Jerauld J and Cutini Elise J
Bought by
Cutini Jerauld J and Cutini Elise J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$958,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 19, 2003
Sold by
Cutini Jerauld J
Bought by
Cutini Jerauld J and Cutini Elise J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$977,000
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 9, 2001
Sold by
Cutini Jerauld J
Bought by
Cutini Jerauld J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$990,000
Interest Rate
6.62%

Purchase Details

Closed on
Jan 20, 2000
Sold by
Cassidy James P And Janeen E Trustee
Bought by
Cutini Jerauld J

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
8.5%

Purchase Details

Closed on
Mar 28, 1994
Sold by
Cassidy James P and Cassidy Janeen E
Bought by
Cassidy James P and Cassidy Janeen E

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
Hoffman George $5,400,000 Stewart Title Of Ca Inc
Cutini Jerauld J -- North American Title Company
Cutini Jerauld J -- North American Title Company
Cutini Jerauld J -- North American Title Co
Cutini Jerauld J $1,900,000 Alliance Title Company
Cassidy James P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoffman George $3,240,000
Previous Owner Cutini Jerauld J $1,800,000
Previous Owner Cutini Jerauld J $2,000,000
Previous Owner Cutini Jerauld J $585,000
Previous Owner Cutini Jerauld J $600,000
Previous Owner Cutini Jerauld J $625,500
Previous Owner Cutini Jerauld J $958,000
Previous Owner Cutini Jerauld J $977,000
Previous Owner Cutini Jerauld J $990,000
Previous Owner Cutini Jerauld J $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2021 07/20/21 Sold $5,400,000 +13.0% $1,346 / Sq Ft
06/12/2021 06/12/21 Pending -- -- --
06/09/2021 06/09/21 For Sale $4,780,000 -- $1,191 / 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 $65,069 $5,618,160 $4,161,600 $1,456,560
2023 $64,040 $5,508,000 $4,080,000 $1,428,000
2022 $63,736 $5,400,000 $4,000,000 $1,400,000
2021 $38,053 $3,145,062 $1,419,934 $1,725,128
2020 $37,394 $3,112,814 $1,405,375 $1,707,439
2019 $36,893 $3,051,779 $1,377,819 $1,673,960
2018 $36,395 $2,991,941 $1,350,803 $1,641,138
2017 $36,322 $2,933,276 $1,324,317 $1,608,959
2016 $35,401 $2,875,761 $1,298,350 $1,577,411
2015 $35,189 $2,832,565 $1,278,848 $1,553,717
2014 $34,658 $2,777,080 $1,253,798 $1,523,282
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81848087

MLSListings

APN: 409-43-012