NOT LISTED FOR SALE

15685 Gum Tree Ln Unit 18 Los Gatos, CA 95032

East Los Gatos Neighborhood

Estimated Value: $5,338,000 - $7,364,988

5 Beds
6 Baths
6,644 Sq Ft
$990/Sq Ft Est. Value

Last Sold December 07, 2018

Last sale price $4,360,000 $656 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $41,066/month

352 Days on Market

Highlights

  • Home Theater
  • 4.13 Acre Lot
  • Wood Flooring
  • Alta Vista Elementary School Rated A
  • Fireplace in Primary Bedroom
  • Formal Dining Room

About This Home

As of December 2018

Reminiscent of country estate gracing a sun-kissed Tuscan hillside, this breathtaking custom home features five bedrooms and six and one-half baths in an expansive 6644 sq. ft. The gracious, flowing design of the home's upper level includes formal living and dining areas for grand scale entertaining, along with a gourmet kitchen, spacious family room , and study. Two of the home's five bedrooms are located on the upper level, including a sumptuous master suite and large secondary bedroom adjacent to the kitchen and family room. The lower level features a delightful junior master suite with private patio, two additional bedrooms with walk-in closets and en-suite baths, laundry, recreation room with fireplace and wet bar, and creative multi-purpose room for media room. A secondary staircase conveniently located near the master suite allows for easy access between the upper and lower level bedrooms Private gated drive, extensive wine storage, theater room with leather seating.

Last Agent to Sell the Property

Marc Burnstein

Davidon Homes License #00895006 Listed on: 09/15/2017

Last Buyer's Agent

Matt Zampella

Christie's International Real Estate Sereno License #01815607

Christie's International Real Estate Sereno

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $61,212

Year Built

  • Built in 2015

Lot Details

  • 4.13 Acre Lot
  • Zoning described as HR

HOA Fees

  • $139 Monthly HOA Fees

Parking

  • 3 Car Garage

Home Design

  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 6,644 Sq Ft Home
  • 2-Story Property
  • Formal Entry
  • Family Room with Fireplace
  • Formal Dining Room
  • Home Theater

Kitchen

  • Gas Cooktop
  • Warming Drawer
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • 6 Full Bathrooms
  • Dual Sinks
  • Bathtub with Shower
  • Walk-in Shower

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Separate Meters

Community Details

  • Association fees include management fee
  • The Highlands Of Los Gatos Association
  • Built by The Highlands of los Gatos
  • The community has rules related to credit or board approval

Listing and Financial Details

  • Assessor Parcel Number 527-09-032

Home Details

Home Type

Single Family

Est. Annual Taxes

$61,212

Year Built

Built in 2015

Lot Details

0

HOA Fees

$139 per month

Parking

3

Listing Details

  • Subclass: Single Family Home
  • Restrictions: Board / Park Approval
  • Age: 2
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 19
  • Structure Sq Ft: 6644
  • Complex Name: The Highlands of los Gatos
  • Year Built: 2015
  • Zoning Description: HR
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Primary Bedroom
  • Dining Room: Formal Dining Room
  • Kitchen: Cooktop - Gas, Dishwasher, Exhaust Fan, Freezer, Garbage Disposal, Island with Sink, Refrigerator, Trash Compactor, Warming Drawer
  • Living Sq Ft: 6644
  • Stories: 2
  • Flooring: Carpet, Hardwood, Tile
  • Additional Rooms: Formal Entry, Media / Home Theater
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 6
  • Total Bedrooms: 5
  • Bathroom: Double Sinks, Shower and Tub, Stall Shower
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Tile

Garage/Parking

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

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air - Gas, Fireplace
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 417
  • HOA Documents: Budget, Bylaws, CC&RS, Rules & Regulations
  • HOA Fee Frequency: Quarterly
  • Association Fees Include: Management Fee
  • H O A Name Text: The Highlands of Los Gatos
  • H O A Exist: Yes

Schools

  • School District: Campbell Union High

Lot Info

  • Parcel Number: 527-09-032
  • Lot Acres: 4.1304
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 179921.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 179921.00

Multi Family

  • Utilities: Individual Electric Meters

MLS Schools

  • High School District Text: Campbell Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2017
Closed on
Nov 3, 2018
Sold by
Davidon Homes
Bought by
Wookey Michael James and Wookey Tracey Patricia
Seller's Agent
Marc Burnstein
Davidon Homes
Buyer's Agent
Matt Zampella
Christie's International Real Estate Sereno
List Price
$4,990,000
Sold Price
$4,360,000
Premium/Discount to List
-$630,000
-12.63%
Current Estimated Value
$6,575,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,215,247
Avg. Annual Appreciation
7.49%
Original Mortgage
$2,600,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 9, 2016
Sold by
Taylor Zane M and Taylor Dawna L
Bought by
Davidon Homes

Purchase Details

Listed on
Jun 10, 2015
Closed on
Jun 3, 2015
Sold by
Davidon Homes
Bought by
Taylor Zane M and Taylor Dawna L
Seller's Agent
Marc Burnstein
Davidon Homes
Buyer's Agent
Dan Hunnicutt
Compass
List Price
$4,723,586
Sold Price
$4,723,586

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
$2,700,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Wookey Michael James $4,360,000 First American Title Co
Davidon Homes $5,300,000 First American Title Co
Taylor Zane M $4,724,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wookey Michael James $2,592,000
Closed Wookey Michael James $2,600,000
Previous Owner Taylor Zane M $2,700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2018 12/07/18 Sold $4,360,000 -7.2% $656 / Sq Ft
09/03/2018 09/03/18 Pending -- -- --
07/10/2018 07/10/18 Price Changed $4,698,000 -5.9% $707 / Sq Ft
09/15/2017 09/15/17 For Sale $4,990,000 +5.6% $751 / Sq Ft
06/25/2015 06/25/15 Sold $4,723,586 0.0% $711 / Sq Ft
06/10/2015 06/10/15 Pending -- -- --
06/10/2015 06/10/15 For Sale $4,723,586 -- $711 / 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 $61,212 $4,957,829 $2,632,622 $2,325,207
2024 $61,212 $4,860,617 $2,581,002 $2,279,615
2023 $60,139 $4,765,312 $2,530,395 $2,234,917
2022 $58,742 $4,671,876 $2,480,780 $2,191,096
2021 $57,776 $4,576,372 $2,432,138 $2,144,234
2020 $55,949 $4,447,200 $2,407,200 $2,040,000
2019 $54,902 $4,360,000 $2,360,000 $2,000,000
2018 $67,890 $5,406,000 $2,652,000 $2,754,000
2017 $66,875 $5,300,000 $2,600,000 $2,700,000
2016 $58,719 $4,795,620 $2,359,020 $2,436,600
2015 $25,351 $2,039,218 $700,218 $1,339,000
2014 -- $686,502 $686,502 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81678023

MLSListings

APN: 527-09-032