NOT LISTED FOR SALE

15461 Benedict Ln Los Gatos, CA 95032

East Los Gatos Neighborhood

Estimated Value: $2,222,000 - $2,517,000

2 Beds
1 Bath
1,173 Sq Ft
$2,001/Sq Ft Est. Value

Last Sold May 26, 2023

Last sale price $2,100,000 $1,790 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $14,461/month

3 Days on Market

Highlights

  • Wood Flooring
  • Balcony
  • Bathtub with Shower
  • Louise Van Meter Elementary School Rated A
  • 2 Car Detached Garage
  • Tile Countertops

About This Home

As of May 2023

Imagine the possibilities!!! Remarkable opportunity to remodel, renovate, or simply update this house to the home of your dreams! Located on a spacious 9,375 +/- lot, and situated in highly desirable Los Gatos, this location has it all. Surrounded by highly distinguished top-rated schools, you are just a short distance to historic downtown Los Gatos, Vasona Park, walking trails, shopping, entertainment, HWY 85, and so much more. This is the opportunity you have been waiting for!

Last Agent to Sell the Property

Brent Mardesich

RE/MAX Santa Clara Valley License #01901623 Listed on: 05/04/2023

RE/MAX Santa Clara Valley

Last Buyer's Agent

Jennifer Tollenaar

Redfin License #01405600

Redfin

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,409

Year Built

  • Built in 1951

Lot Details

  • 9,374 Sq Ft Lot
  • Fenced
  • Sprinklers on Timer
  • Back Yard
  • Zoning described as R18A

Parking

  • 2 Car Detached Garage
  • On-Street Parking

Home Design

  • Composition Roof

Interior Spaces

  • 1,173 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Wood Flooring
  • Crawl Space
  • Laundry in Garage

Kitchen

  • Gas Oven
  • Tile Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower
  • Bathtub Includes Tile Surround

Additional Features

  • Balcony
  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 424-20-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,409

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 1173
  • Year Built: 1951
  • Zoning Description: R18A
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room, Wood Burning
  • Dining Room: Dining Area
  • Kitchen: Countertop - Tile, Garbage Disposal, Oven Range - Gas
  • Living Sq Ft: 1173
  • Stories: 1
  • Laundry: In Garage
  • Flooring: Hardwood
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Shower over Tub - 1, Tile
  • Fireplace: Yes

Exterior Features

  • Foundation: Crawl Space
  • Roof: Composition
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced, Sprinklers - Auto

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Detached Garage, On Street

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Parcel Number: 424-20-003
  • Lot Acres: 0.2152
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9375.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 9375.00

Multi Family

  • Utilities: 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
May 4, 2023
Closed on
May 23, 2023
Sold by
Mainville Gary
Bought by
Karuppiah Balakrishnan and Balakrishnan Anuradha
Seller's Agent
Brent Mardesich
RE/MAX Santa Clara Valley
Buyer's Agent
Jennifer Tollenaar
Redfin
List Price
$1,499,999
Sold Price
$2,100,000
Premium/Discount to List
$600,001
40%
Views
36
Current Estimated Value
$2,346,719

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$246,719
Avg. Annual Appreciation
4.68%
Original Mortgage
$1,350,000
Outstanding Balance
$1,311,634
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$1,035,085

Purchase Details

Closed on
Oct 4, 2022
Sold by
Mainville Mary Bardell
Bought by
Mainville Gary and Mainville Mary Bardell

Purchase Details

Closed on
May 24, 2001
Sold by
Mainville Gary L and Mainville Mary Bardell
Bought by
Mainville Mary Bardell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,500
Interest Rate
6.5%
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
Karuppiah Balakrishnan $2,100,000 Chicago Title
Mainville Gary -- Lawyers Title
Mainville Mary Bardell -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karuppiah Balakrishnan $1,350,000
Previous Owner Mainville Mary Bardell $276,500
Closed Mainville Mary Bardell $20,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/26/2023 05/26/23 Sold $2,100,000 +40.0% $1,790 / Sq Ft
05/08/2023 05/08/23 Pending -- -- --
05/04/2023 05/04/23 For Sale $1,499,999 -- $1,279 / 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 $25,409 $2,184,840 $2,080,800 $104,040
2024 $25,409 $2,142,000 $2,040,000 $102,000
2023 $7,941 $595,069 $421,096 $173,973
2022 $7,819 $583,402 $412,840 $170,562
2021 $7,644 $571,964 $404,746 $167,218
2020 $7,494 $566,100 $400,596 $165,504
2019 $7,380 $555,001 $392,742 $162,259
2018 $7,264 $544,120 $385,042 $159,078
2017 $7,226 $533,452 $377,493 $155,959
2016 $7,017 $522,993 $370,092 $152,901
2015 $6,948 $515,138 $364,533 $150,605
2014 $6,825 $505,048 $357,393 $147,655
Source: Public Records

Agents Affiliated with this Home

  • Brent Mardesich

    Seller's Agent in 2023

    Brent Mardesich

    RE/MAX

    (408) 607-4257

    2 in this area

    94 Total Sales

    Brent Mardesich
    Section Image

  • J

    Buyer's Agent in 2023

    Jennifer Tollenaar

    Redfin

    Section Image
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Map

Source: MLSListings

MLS Number: ML81927022

MLSListings

APN: 424-20-003

California Santa Clara County Los Gatos 95032 East Los Gatos

15461 Benedict Ln, Los Gatos, CA

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