NOT LISTED FOR SALE

Estimated Value: $3,139,000 - $3,869,066

2 Beds
1.5 Baths
1,900 Sq Ft
$1,838/Sq Ft Est. Value

Last Sold August 21, 2019

Last sale price $1,775,000 $934 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $20,706/month

59 Days on Market

Highlights

  • Formal Dining Room
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Blossom Hill Elementary School Rated A
  • Built-In Barbecue
  • Separate Family Room

About This Home

As of August 2019

This home and property have huge potential for your dreams come true in an incredibly sought after neighborhood. Make it your dream home in the heart of beautiful Los Gatos! The spacious rear yard features mature trees, detached shed, large patio, flower boxes with irrigation and a lovely front yard ready for a tire swing! Opportunities are endless for this nearly quarter acre property and unique home. Clearly well loved.

Last Agent to Sell the Property

Tyanna Smith

Compass Rose Realty, Inc License #02082975 Listed on: 05/19/2019

Last Buyer's Agent

Tyanna Smith

Compass Rose Realty, Inc License #02082975 Listed on: 05/19/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,984

Year Built

  • Built in 1950

Lot Details

  • 10,001 Sq Ft Lot
  • Zoning described as R1-8

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,900 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Separate Family Room
  • Formal Dining Room

Bedrooms and Bathrooms

  • 2 Bedrooms

Additional Features

  • Built-In Barbecue
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 523-16-008

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,984

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 69
  • Listing Class: Residential
  • Structure Sq Ft: 1900
  • Year Built: 1950
  • Zoning Description: R1-8
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Wood Burning
  • Dining Room: Formal Dining Room
  • Kitchen: Built-in BBQ Grill
  • Living Sq Ft: 1900
  • Stories: 1
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage

Utilities

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

Schools

  • School District: Los Gatos-Saratoga Joint Union High

Lot Info

  • Parcel Number: 523-16-008
  • Lot Acres: 0.2296
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 10000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 10000.00

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 19, 2019
Closed on
Aug 8, 2019
Sold by
Jerbic Stephen Michael and Jerbic Family Trust
Bought by
Tufts Raymond J and Marren Michelle
Seller's Agent
Tyanna Smith
Compass Rose Realty, Inc
Buyer's Agent
Tyanna Smith
Compass Rose Realty, Inc
List Price
$1,999,000
Sold Price
$1,775,000
Premium/Discount to List
-$224,000
-11.21%
Current Estimated Value
$3,491,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,716,517
Avg. Annual Appreciation
11.61%
Original Mortgage
$400,000
Outstanding Balance
$344,716
Interest Rate
2.95%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,146,801

Purchase Details

Closed on
Jun 11, 2014
Sold by
Jerbic Stephen Michael
Bought by
Jerbic Stephen Michael and 2014 Stephen Kent Jerbic Irrevocable Tru

Purchase Details

Closed on
Apr 8, 2014
Sold by
Jerbic Stephen Michael and Jerbic Stephen Kent
Bought by
Jerbic Stephen Michael

Purchase Details

Closed on
Aug 10, 1994
Sold by
Jerbic Stephen K and Jerbic Janis J
Bought by
Jerbic S K and Jerbic Janis Joleen
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Tufts Raymond J $1,775,000 Fidelity National Title
Jerbic Stephen Michael -- None Available
Jerbic Stephen Michael -- None Available
Jerbic S K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tufts Raymond J $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/21/2019 08/21/19 Sold $1,775,000 -4.1% $934 / Sq Ft
07/17/2019 07/17/19 Pending -- -- --
07/12/2019 07/12/19 Price Changed $1,850,000 -7.5% $974 / Sq Ft
05/19/2019 05/19/19 For Sale $1,999,000 -- $1,052 / 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 $26,984 $2,328,559 $1,552,976 $775,583
2024 $26,984 $2,282,902 $1,522,526 $760,376
2023 $26,514 $2,238,140 $1,492,673 $745,467
2022 $26,341 $2,194,255 $1,463,405 $730,850
2021 $22,920 $1,891,938 $1,434,711 $457,227
2020 $21,395 $1,775,000 $1,420,000 $355,000
2019 $2,013 $81,287 $29,592 $51,695
2018 $1,967 $79,694 $29,012 $50,682
2017 $1,934 $78,133 $28,444 $49,689
2016 $1,855 $76,602 $27,887 $48,715
2015 $1,807 $75,453 $27,469 $47,984
2014 $1,673 $73,976 $26,931 $47,045
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81752751

MLSListings

APN: 523-16-008