NOT LISTED FOR SALE

Estimated Value: $5,252,000 - $6,111,000

5 Beds
3.5 Baths
4,748 Sq Ft
$1,181/Sq Ft Est. Value

Last Sold November 18, 2020

Last sale price $4,120,000 $868 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $33,825/month

27 Days on Market

Highlights

  • Private Pool
  • Primary Bedroom Suite
  • Fireplace in Primary Bedroom
  • Daves Avenue Elementary School Rated A
  • 0.54 Acre Lot
  • Jetted Soaking Tub in Primary Bathroom

About This Home

As of November 2020

Like a pot of gold at the end of the rainbow, this magnificent executive home is privately nestled at the end of a cul-de-sac in a premium Los Gatos neighborhood. Timeless transitional elegance with an expansive floorplan that offers luxury and comfort. Epicurean kitchen with marble countertops, large island with gas cooktop, top of the line appliances, and a great big, bright breakfast nook. Grand family room with soaring ceilings, fireplace and a custom bar area, exquisite dining room and a decadent formal living room with box beam ceiling, fireplace and built-in shelving. The five upstairs bedrooms include a massive master suite with an oversized bathroom and a monstrous walk in closet. Refinished hardwood flooring, new interior paint, new modern lighting and much more. Oasis Like private backyard with full bath cabana, sparkling pool and hot tub, outdoor kitchen and multiple patio areas, decks, and beautiful mature landscaping. Oversized three car garage. Los Gatos schools.

Last Agent to Sell the Property

Barbara Werner

Compass License #01864429 Listed on: 09/24/2020

Compass

Co-Listed By

Denise Carr

Compass License #01329583

Last Buyer's Agent

Nevis and Ardizzone Team

Compass License #70010073

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $50,435

Year Built

  • 1987

Lot Details

  • 0.54 Acre Lot
  • Sprinklers on Timer
  • Drought Tolerant Landscaping
  • Back Yard Fenced

Parking

  • 3 Car Attached Garage

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 4,748 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • High Ceiling
  • Ceiling Fan
  • Bay Window
  • Formal Entry
  • Family Room with Fireplace
  • 3 Fireplaces
  • Great Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Utility Room
  • Alarm System

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Double Oven
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Bathroom on Main Level
  • Dual Sinks
  • Jetted Soaking Tub in Primary Bathroom
  • Bathtub with Shower
  • Oversized Bathtub in Primary Bathroom
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Washer and Dryer

Outdoor Features

  • Private Pool
  • Balcony
  • Outdoor Kitchen
  • Shed
  • Barbecue Area

Utilities

  • Forced Air Heating and Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$50,435

Year Built

1987

Lot Details

0

Parking

3

Listing Details

  • Zoning: HR
  • Subclass: Single Family Home
  • Age: 33
  • Listing Class: Residential
  • Structure Sq Ft: 4748
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1987

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Living Room, Primary Bedroom
  • Dining Room: Breakfast Nook, Dining Area, Eat In Kitchen, Formal Dining Room
  • Kitchen: Countertop - Granite, Dishwasher, Garbage Disposal, Island, Oven - Double, Oven Range - Built-In, Pantry, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 4748
  • Stories: 2
  • Security: Security Alarm
  • Bedrooms: Primary Suite / Retreat, Walk-In Closet
  • Laundry: Upper Floor, Washer / Dryer
  • Flooring: Carpet, Hardwood
  • Additional Rooms: Formal Entry, Great Room, Laundry Room, Utility Room
  • Fireplaces Min: 3
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Bathroom: Double Sinks, Half On Ground Floor, Primary - Oversized Tub, Primary - Stall Shower(s), Primary - Tub With Jets, Showers Over Tubs - 2+

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Pool Description: Yes
  • Yard/Grounds: Back Yard, Balcony / Patio, Bbq Area, Drought Tolerant Plants, Fenced, Outdoor Kitchen, Sprinklers - Auto, Sprinklers - Lawn, Storage Shed / Structure
  • Fencing: Fenced Back
  • Pool: Heated - Solar, Pool - Heated, Pool - In Ground, Pool - Solar, Pool / Spa Combo

Garage/Parking

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

Utilities

  • Cooling System: Ceiling Fan, Central Ac
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Bay Window, High Ceiling, Walk-In Closet, Wet Bar

Schools

  • School District: Los Gatos-Saratoga Joint Union High
  • Elementary School: Daves Avenue Elementary
  • Middle School: Raymond J. Fisher Middle
  • High School: Los Gatos High
  • High School: 262
  • Elementary School: 140
  • Middle School: 141

Lot Info

  • Lot Acres: 0.5363
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 23362.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 23362.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2020
Closed on
Nov 10, 2020
Sold by
Heffernan Michael J and 2017 Michael J Heffernan Trust
Bought by
Mirani Rajiv and Makhijani Kiran
Seller's Agent
Barbara Werner
Compass
Buyer's Agent
Nevis and Ardizzone Team
Compass
List Price
$4,450,000
Sold Price
$4,120,000
Premium/Discount to List
-$330,000
-7.42%
Current Estimated Value
$5,609,306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,489,306
Avg. Annual Appreciation
7.20%
Original Mortgage
$2,884,000
Outstanding Balance
$2,521,889
Interest Rate
1.75%
Mortgage Type
New Conventional
Estimated Equity
$3,250,109

Purchase Details

Closed on
Sep 27, 2017
Sold by
Heffernan Michael
Bought by
Heffernan Michael J

Purchase Details

Listed on
Mar 31, 2016
Closed on
Mar 11, 2016
Sold by
Giancola Gene R and Giancola Kathleen R Hennessy
Bought by
Heffernan Michael
Seller's Agent
Greg Simpson
KW Bay Area Estates
Buyer's Agent
Barbara Werner
KW Bay Area Estates
List Price
$3,685,000
Sold Price
$3,685,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.85%

Purchase Details

Closed on
Mar 29, 2013
Sold by
Giancola Gene Raymond and Giancola Kathleen R Hennessy
Bought by
Giancola Gene R and Giancola Kathleen R Hennessy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$383,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 1999
Sold by
Giancola Gene And Kathleen H Trustee
Bought by
Giancola Gene and Giancola Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
6.84%

Purchase Details

Closed on
Nov 15, 1996
Sold by
Giancola Gene R and Giancola Kathleen H
Bought by
Giancola Gene and Giancola Kathleen Hennessy
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
Mirani Rajiv $4,120,000 Chicago Title Company
Heffernan Michael J -- None Available
Heffernan Michael $3,685,000 Chicago Title Company
Giancola Gene R -- Old Republic Title Company
Giancola Gene -- Fidelity National Title Co
Giancola Gene -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mirani Rajiv $2,884,000
Previous Owner Heffernan Michael $3,685,000
Previous Owner Giancola Gene R $383,000
Previous Owner Giancola Gene Raymond $396,000
Previous Owner Giancola Gene Raymond $599,000
Previous Owner Giancola Gene Raymond $200,000
Previous Owner Giancola Gene Raymond $650,000
Previous Owner Giancola Gene $650,000
Previous Owner Giancola Gene $650,000
Previous Owner Giancola Gene $200,000
Previous Owner Giancola Gene $560,000
Previous Owner Giancola Gene $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2020 11/18/20 Sold $4,120,000 -4.2% $868 / Sq Ft
10/21/2020 10/21/20 Pending -- -- --
10/13/2020 10/13/20 Price Changed $4,300,000 -3.4% $906 / Sq Ft
09/24/2020 09/24/20 For Sale $4,450,000 +20.8% $937 / Sq Ft
03/31/2016 03/31/16 Sold $3,685,000 0.0% $776 / Sq Ft
03/31/2016 03/31/16 Pending -- -- --
03/31/2016 03/31/16 For Sale $3,685,000 -- $776 / 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 $50,435 $4,459,619 $3,139,053 $1,320,566
2024 $50,435 $4,372,176 $3,077,503 $1,294,673
2023 $49,617 $4,286,448 $3,017,160 $1,269,288
2022 $49,276 $4,202,400 $2,958,000 $1,244,400
2021 $48,541 $4,120,000 $2,900,000 $1,220,000
2020 $46,768 $3,988,761 $2,489,593 $1,499,168
2019 $46,154 $3,910,551 $2,440,778 $1,469,773
2018 $45,542 $3,833,874 $2,392,920 $1,440,954
2017 $45,392 $3,758,700 $2,346,000 $1,412,700
2016 $15,654 $1,256,567 $478,607 $777,960
2015 $15,500 $1,237,693 $471,418 $766,275
2014 $15,258 $1,213,449 $462,184 $751,265
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81803555

MLSListings

APN: 410-04-018