NOT LISTED FOR SALE

Estimated Value: $7,540,000 - $9,806,493

5 Beds
6.5 Baths
7,212 Sq Ft
$1,173/Sq Ft Est. Value

Last Sold December 16, 2015

Last sale price $4,906,179 $680 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $52,046/month

286 Days on Market

Highlights

  • Wine Cellar
  • City Lights View
  • Deck
  • Alta Vista Elementary School Rated A
  • Fireplace in Primary Bedroom
  • Contemporary Architecture

About This Home

As of December 2015

NEW Frank Lloyd Wright Style Custom Home! Available for occupancy Winter 2015! Incredible Seamless Windows capture views of mountains, valley and City Lights. Living, Dining & Master feature Wood Beam Ceilings! Wrought Iron Chandeliers & Black Iron Stair Railings. Wine Cellar, Music Room, Decks, Porches, Loggias, Courtyards. All Top Notch Finishes. No Landscaping included as Per rendering.! Completion late summer 2015.

Last Agent to Sell the Property

Marc Burnstein

Davidon Homes License #00895006 Listed on: 10/20/2014

Last Buyer's Agent

Dave Xu

Bay East Bay Realty License #01396778

Bay East Bay Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $71,605

Year Built

  • Built in 2014

Lot Details

  • Lot Sloped Down
  • Zoning described as HR

Parking

  • 3 Car Garage

Property Views

  • City Lights
  • Canyon
  • Mountain
  • Valley

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 7,212 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Clean Air Certified Fireplace
  • Double Pane Windows
  • Formal Entry
  • Wine Cellar
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Utility Room
  • Gas Dryer Hookup

Kitchen

  • Breakfast Area or Nook
  • Built-In Self-Cleaning Oven
  • Microwave
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Walk-in Shower

Outdoor Features

  • Deck
  • Barbecue Area

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts
  • Water Storage
  • Tankless Water Heater
  • Sewer Within 50 Feet

Community Details

  • Property has a Home Owners Association
  • Association fees include insurance - common area, maintenance - common area
  • The Highlands Of Los Gatos Maintenance Association

Listing and Financial Details

  • Assessor Parcel Number 527-09-020

Home Details

Home Type

Single Family

Est. Annual Taxes

$71,605

Year Built

Built in 2014

Lot Details

0

Parking

3

Listing Details

  • Subclass: Single Family Home
  • Style: Contemporary
  • Listing Class: Residential
  • Structure Sq Ft: 7212
  • Builder Architect: Davidon Homes
  • Incorporated: Yes
  • Map Book Page: 873
  • Map Side Coordinate: 6
  • Map Top Coordinate: E
  • Thomas Bros Page: 873
  • Thomas Brothers: E6
  • Year Built: 2014
  • Zoning Description: HR
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Living Room, Primary Bedroom, Clean Air Certified, Yes
  • Dining Room: Formal Dining Room, Breakfast Nook
  • Kitchen: Pantry, Cooktop, Garbage Disposal, Oven Range, Dishwashers - 2+, Microwave, Oven - Self Cleaning, Trash Compactor, Refrigerators - 2+, Oven - Built-In, 220 Volt Outlet
  • Living Sq Ft: 7212
  • Stories: 2
  • Laundry: In Laundry Room, Gas Hookup, 220 Volt Outlet
  • Flooring: Carpet - Area, Hardwood - Partial, Tile, Carpet - Wall to Wall, Hardwood
  • Additional Rooms: Utility Room, Den / Study / Office, Rec/Rumpus Room, Formal Entry, Wine Cellar / Storage, Storage
  • Maximum Bathrooms: 7
  • Maximum Numberof Bedrooms: 5
  • Minimum Bathrooms: 7
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Bathroom: Showers over Tubs - 2+, Tubs - 2+, Stall Shower - 2+, Tub in Primary Bedroom, Tub with Jets, Half Bath - More than 1
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Pool - No
  • Roof: Tile
  • View: Mountains, Canyon, Local/Neighborhood, Valley, City Lights
  • Yard/Grounds: Patio(s), Patio(s)/Deck(s) - Covered, BBQ Area, Deck
  • Exterior: Brick

Garage/Parking

  • Garage Spaces: 3
  • Garage Max: 3
  • Garage Min: 3
  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Central AC
  • Heating System: Forced Air
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Double Pane Windows(s), High Ceiling, Vaulted Ceiling, Wet Bar

Condo/Co-op/Association

  • HOA Fees: 393
  • Association Fees Include: Insurance - Common Area, Maintenance - Common Area
  • H O A Name Text: The Highlands of Los Gatos Maintenance
  • H O A Exist: Yes

Schools

  • School District: Campbell Union High
  • High School: Leigh High
  • High School: 240

Lot Info

  • Lot Description: Grade - Sloped Down
  • Parcel Number: 527-09-020
  • Lot Location: Cul-de-Sac
  • List Price per Sq Ft: 745.29
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 57633.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 57633.00
  • Lot Size Area Min Search: 57633.00
  • Maximum Lot Size: 57633.00
  • Map Book: Thomas Bros

Green Features

  • Energy Features: Double Pane Windows, Tankless Water Heater

Multi Family

  • Utilities: Public Utilities
  • Maximum Building Height: 2
  • Minimum Building Height: 2

MLS Schools

  • High School District Text: Campbell Union High
  • High School Text: Leigh High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2014
Closed on
Dec 5, 2015
Sold by
Davidon Homes
Bought by
Gu Cheng and Chen Ying
Seller's Agent
Marc Burnstein
Davidon Homes
Buyer's Agent
Dave Xu
Bay East Bay Realty
List Price
$4,995,000
Sold Price
$4,906,179
Premium/Discount to List
-$88,821
-1.78%
Current Estimated Value
$8,456,873

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,550,694
Avg. Annual Appreciation
5.80%
Original Mortgage
$2,400,000
Outstanding Balance
$1,865,823
Interest Rate
3.29%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$6,591,050

Purchase Details

Closed on
Aug 19, 2011
Sold by
East West Bank
Bought by
Davidon Homes

Purchase Details

Closed on
Feb 28, 2011
Sold by
The Highlands Of Los Gatos Llc
Bought by
East West Bank
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
Gu Cheng $4,906,500 First American Title Company
Davidon Homes $8,199,750 Fidelity National Title Ins
East West Bank $17,100,000 Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gu Cheng $2,400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2015 12/16/15 Sold $4,906,179 -1.8% $680 / Sq Ft
08/02/2015 08/02/15 Pending -- -- --
06/01/2015 06/01/15 For Sale $4,995,000 +1.8% $693 / Sq Ft
06/01/2015 06/01/15 Off Market $4,906,179 -- --
04/28/2015 04/28/15 Price Changed $4,995,000 -7.1% $693 / Sq Ft
10/20/2014 10/20/14 For Sale $5,375,000 -- $745 / 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 $71,605 $5,807,917 $2,604,351 $3,203,566
2024 $71,605 $5,694,037 $2,553,286 $3,140,751
2023 $70,349 $5,582,390 $2,503,222 $3,079,168
2022 $68,708 $5,472,933 $2,454,140 $3,018,793
2021 $67,641 $5,365,621 $2,406,020 $2,959,601
2020 $66,698 $5,310,604 $2,381,350 $2,929,254
2019 $65,453 $5,206,475 $2,334,657 $2,871,818
2018 $64,145 $5,104,388 $2,288,880 $2,815,508
2017 $63,182 $5,004,302 $2,244,000 $2,760,302
2016 $60,021 $4,906,179 $2,200,000 $2,706,179
2015 $8,716 $700,218 $700,218 $0
2014 $8,553 $686,502 $686,502 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81437789

MLSListings

APN: 527-09-020