NOT LISTED FOR SALE

Los Gatos, CA 95032

East Los Gatos Neighborhood

Estimated Value: $4,534,000 - $5,357,000

4 Beds
3.5 Baths
3,716 Sq Ft
$1,322/Sq Ft Est. Value

Last Sold August 16, 2017

Last sale price $3,600,000 $969 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $30,366/month

Highlights

  • Private Pool
  • 0.91 Acre Lot
  • Wood Flooring
  • Blossom Hill Elementary School Rated A
  • Mountain View
  • Formal Dining Room

About This Home

As of August 2019

This extraordinary Silicon Valley hillside estate is available on approximately August 15, 2019! Located in the beautiful Los Gatos hills with valley and city light views. Over 3,700 square feet, this gated 4-bedroom, 4-bath home is perfect for entertaining and just minutes to downtown Los Gatos. With nearly 1 acre of land, this home has it all, including a modern entertainers kitchen with Wolf range and Bosch stainless steel appliances, a pool & hot tub, expansive decks, outdoor kitchen with Lyon Grill. The home is appointed with beautiful finishes, including French Oak hardwood floors, Zebrano marble countertops, Porcelanosa tile & fixtures, and LED lighting. A large entertainment room includes state-of-the-art audio and video system with a projector, kitchenette, and full bath. Features temperature-controlled wine storage, landscape with smart irrigation and a two-car garage. Beautifully staged and includes gardening & pool service. Flexible lease options ($9,950- $10,995).

Last Agent to Rent the Property

Mike Sullivan

SRE Asset Management Inc License #01365313 Listed on: 06/07/2019

Last Renter's Agent

Mike Sullivan

SRE Asset Management Inc License #01365313 Listed on: 06/07/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $45,733

Year Built

  • 1975

Lot Details

  • 0.91 Acre Lot
  • Back Yard

Parking

  • 2 Car Attached Garage
  • Electric Vehicle Home Charger
  • Garage Door Opener
  • Guest Parking
  • On-Street Parking
  • Uncovered Parking

Property Views

  • Mountain
  • Hills

Interior Spaces

  • 3,716 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Double Pane Windows
  • Separate Family Room
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Private Pool
  • Balcony
  • Barbecue Area

Utilities

  • Forced Air Heating and Cooling System
  • Thermostat

Listing and Financial Details

  • Security Deposit $10,995
  • Property Available on 8/15/19
  • Rent includes furniture, gardener, manager, pool/spa
  • 12-Month Lease Term

Home Details

Home Type

Single Family

Est. Annual Taxes

$45,733

Year Built

1975

Lot Details

0

Parking

2

Rental Info

  • Available: 08/15/2019
  • Maximum Lease Months: 12
  • Minimum Lease Months: 12
  • Rent Includes: Furniture, Gardener, Manager, Pool/Spa
  • Security Deposit: 10995

Listing Details

  • Subclass: House For Rent
  • Age: 44
  • Listing Class: Residential Lease/Rental
  • Structure Sq Ft: 3716
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1975

Interior Features

  • Family Room: Separate Family Room
  • Dining Room: Dining Area, Eat In Kitchen, Formal Dining Room
  • Kitchen: Cooktop - Gas, Dishwasher, Island, Microwave, Oven - Gas, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 3716
  • Stories: 2
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Hardwood
  • Additional Rooms: Laundry Room
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Pool Description: Yes
  • View: Hills, Mountains
  • Yard/Grounds: Back Yard, Balcony / Patio, Bbq Area

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage, Electric Car Hookup, Gate / Door Opener, Guest / Visitor Parking, On Street, Uncovered Parking

Utilities

  • Cooling System: Central Forced Air - Gas
  • Heating System: Central Forced Air, Fireplace

Schools

  • School District: Los Gatos-Saratoga Joint Union High
  • Elementary School: Blossom Hill Elementary
  • Middle School: Raymond J. Fisher Middle
  • High School: Los Gatos High
  • High School: 262
  • Elementary School: 139
  • Middle School: 141

Lot Info

  • Lot Acres: 0.9081
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 39556.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 39556.00

Green Features

  • Energy Features: Double Pane Windows, Thermostat Controller

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 13, 2018
Sold by
Rae Grant John Paul and Petersen Laura T
Bought by
Rae Grant John Paul and Petersen Laura T
Current Estimated Value
$4,911,689

Purchase Details

Listed on
Jul 11, 2017
Closed on
Aug 11, 2017
Sold by
Re Mark Edward
Bought by
Rae Grant John Paul and Petersen Laura T
Seller's Agent
Mary Kay Groth
Christie's International Real Estate Sereno
Buyer's Agent
Angele Price
Coldwell Banker Realty
List Price
$3,595,000
Sold Price
$3,600,000
Premium/Discount to List
$5,000
0.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.05%
Original Mortgage
$2,000,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 16, 2015
Sold by
Re Leslie Deruntz
Bought by
Re Mark Edward

Purchase Details

Closed on
Nov 7, 2002
Sold by
Deruntz Re Mark Edward and Deruntz Re Leslie
Bought by
Deruntz Re Mark Edward and Deruntz Re Leslie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,226,000
Interest Rate
5.37%

Purchase Details

Closed on
Dec 21, 2001
Sold by
Deruntz Re Mark Edward and Deruntz Re Leslie
Bought by
Deruntz Re Mark Edward and Deruntz Re Leslie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
6%

Purchase Details

Closed on
Jul 17, 1999
Sold by
Re Mark E and Re Leslie D
Bought by
Deruntz Re Mark Edward and Deruntz Re Leslie

Purchase Details

Closed on
Jul 29, 1998
Sold by
Richardson Robert J and Richardson Ellen D
Bought by
Re Mark E and Re Leslie D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$945,000
Interest Rate
7.25%
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
Rae Grant John Paul -- None Available
Rae Grant John Paul $3,600,000 Stewart Title Of Ca Inc
Re Mark Edward -- None Available
Deruntz Re Mark Edward -- North American Title Company
Deruntz Re Mark Edward -- Chicago Title Co
Deruntz Re Mark Edward -- --
Re Mark E $1,350,000 First American Title Guarant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rae Grant John Paul $1,875,000
Closed Rae Grant John Paul $2,000,000
Previous Owner Re Mark Edward $1,491,698
Previous Owner Re Mark Edward $1,226,000
Previous Owner Deruntz Re Mark Edward $1,226,000
Previous Owner Deruntz Re Mark Edward $1,100,000
Previous Owner Re Mark Edward $928,000
Previous Owner Re Mark E $945,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2019 08/20/19 Rented $9,600 -3.5% --
08/16/2019 08/16/19 Under Contract -- -- --
07/29/2019 07/29/19 Price Changed $9,950 -9.5% $3 / Sq Ft
07/09/2019 07/09/19 Price Changed $10,995 -8.4% $3 / Sq Ft
06/07/2019 06/07/19 For Rent $12,000 0.0% --
08/16/2017 08/16/17 Sold $3,600,000 +0.1% $969 / Sq Ft
07/20/2017 07/20/17 Pending -- -- --
07/11/2017 07/11/17 For Sale $3,595,000 -- $967 / 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 $45,733 $4,096,181 $3,100,583 $995,598
2024 $45,733 $4,015,865 $3,039,788 $976,077
2023 $44,975 $3,937,124 $2,980,185 $956,939
2022 $44,670 $3,859,926 $2,921,750 $938,176
2021 $44,025 $3,784,242 $2,864,461 $919,781
2020 $43,291 $3,745,440 $2,835,090 $910,350
2019 $42,745 $3,672,000 $2,779,500 $892,500
2018 $42,200 $3,600,000 $2,725,000 $875,000
2017 $22,051 $1,823,240 $1,080,642 $742,598
2016 $21,520 $1,787,491 $1,059,453 $728,038
2015 $21,432 $1,760,643 $1,043,540 $717,103
2014 $21,147 $1,726,155 $1,023,099 $703,056
Source: Public Records

Agents Affiliated with this Home

  • Mike Sullivan

    Landlord's Agent in 2019

    Mike Sullivan

    SRE Asset Management Inc

    (408) 802-3110

    1 in this area

    3 Total Sales

    Mike Sullivan
    Section Image
  • Mary Kay Groth

    Seller's Agent in 2017

    Mary Kay Groth

    Sereno Group

    (408) 335-1456

    1 in this area

    6 Total Sales

    Mary Kay Groth
    Section Image
  • Cassidy McIntire

    Seller Co-Listing Agent in 2017

    Cassidy McIntire

    Sereno Group

    (408) 568-4412

    1 in this area

    34 Total Sales

    Cassidy McIntire
    Section Image

  • A

    Buyer's Agent in 2017

    Angele Price

    Coldwell Banker Realty

    Section Image
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Source: MLSListings

MLS Number: ML81755737

MLSListings

APN: 537-25-031

California Santa Clara County Los Gatos 95032

East Los Gatos

This home since 07 June 2019 and is currently priced at $4,911,689. This property was built in 1975. This home is a home located in Santa Clara County with nearby schools including Blossom Hill Elementary School, Loma Prieta Elementary School, and Raymond J. Fisher Middle School.

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