NOT LISTED FOR SALE

15891 Ravine Rd Los Gatos, CA 95030

Estimated Value: $3,158,000 - $3,542,503

1 Bed
1 Bath
2,702 Sq Ft
$1,247/Sq Ft Est. Value

Last Sold December 22, 2017

Last sale price $2,400,000 $888 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $21,013/month

13 Days on Market

Highlights

  • Workshop
  • Tile Flooring
  • Dining Area
  • Saratoga Elementary School Rated A
  • Forced Air Heating System
  • Wood Burning Fireplace

About This Home

As of December 2017

Historical Japanese garden property. Kotani-En is a California registered historical landmark (Number 903) and has been placed in the National Register of Historic Places. With history dating back to the very early 20th century this unique property yearns for the next owner that will preserve it's historic legacy. There is a modern structure on the property above the garden that can be used to create an incredible home overlooking the historic garden. Features of the garden include a Teahouse and Shinto temple, a Torii gate and other authentic Japanese structures and garden designs. The garden was designed to mimic a 13th century Samurai estate. Garden buildings were constructed using methods from that time and materials were sourced in the Kyoto region of Japan as were many of the original plantings. Too much history to fit here. Once in a lifetime opportunity and not available for purchase in more than 50 years.

Last Agent to Sell the Property

Andrew Arild

Climb Real Estate License #01709602 Listed on: 11/15/2017

Climb Real Estate

Last Buyer's Agent

Andrew Arild

Climb Real Estate License #01709602 Listed on: 11/15/2017

Climb Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,796

Year Built

  • Built in 1940

Lot Details

  • 1.41 Acre Lot
  • Zoning described as HS-D1

Parking

  • 6 Car Garage
  • Workshop in Garage

Home Design

  • Composition Roof

Interior Spaces

  • 2,702 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Dining Area
  • Workshop

Flooring

  • Carpet
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 510-29-057

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,796

Year Built

Built in 1940

Lot Details

0

Parking

6

Listing Details

  • Subclass: Single Family Home
  • Age: 77
  • Listing Class: Residential
  • Structure Sq Ft: 2702
  • Year Built: 1940
  • Zoning Description: HS-D1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Dining Area
  • Living Sq Ft: 2702
  • Stories: 1
  • Flooring: Carpet, Concrete, Tile
  • Additional Rooms: Storage, Workshop
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 1
  • Minimum Numberof Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: Yes

Exterior Features

  • Roof: Composition

Garage/Parking

  • Garage Spaces: 6
  • Garage Max: 6
  • Garage Min: 6
  • Garage Parking Features: Attached Garage, Workshop in Garage

Utilities

  • Heating System: Forced Air
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Los Gatos-Saratoga Joint Union High
  • Elementary School: Argonaut Elementary
  • Middle School: Redwood Middle
  • High School: Saratoga High
  • High School: 264
  • Elementary School: 196
  • Middle School: 198

Lot Info

  • Parcel Number: 510-29-057
  • Lot Acres: 1.4100
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 61419.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 61419.00

Multi Family

  • Utilities: Public Utilities
  • Second Unit Description: Japanese garden

MLS Schools

  • High School District Text: Los Gatos-Saratoga Joint Union High
  • Elementary School Text: Argonaut Elementary
  • High School Text: Saratoga High
  • Middle School Text: Redwood Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2017
Closed on
Dec 13, 2017
Sold by
Gittens Jacqueline
Bought by
Nguyen Charlie and Le Chi Thi Phuong
Seller's Agent
Andrew Arild
Climb Real Estate
Buyer's Agent
Andrew Arild
Climb Real Estate
List Price
$2,595,000
Sold Price
$2,400,000
Premium/Discount to List
-$195,000
-7.51%
Current Estimated Value
$3,370,126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$970,126
Avg. Annual Appreciation
3.47%
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
Nguyen Charlie $2,400,000 Chicago Title Co
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2017 12/22/17 Sold $2,400,000 -7.5% $888 / Sq Ft
11/29/2017 11/29/17 Pending -- -- --
11/15/2017 11/15/17 For Sale $2,595,000 -- $960 / 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 $31,796 $2,730,787 $2,275,657 $455,130
2024 $31,796 $2,677,243 $2,231,037 $446,206
2023 $31,518 $2,624,749 $2,187,292 $437,457
2022 $30,876 $2,573,284 $2,144,404 $428,880
2021 $30,378 $2,522,828 $2,102,357 $420,471
2020 $29,750 $2,496,960 $2,080,800 $416,160
2019 $29,284 $2,448,000 $2,040,000 $408,000
2018 $28,776 $2,400,000 $2,000,000 $400,000
2017 $3,623 $243,314 $67,659 $175,655
2016 $3,487 $238,544 $66,333 $172,211
2015 $3,391 $234,962 $65,337 $169,625
2014 $3,296 $230,361 $64,058 $166,303
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81684918

MLSListings

APN: 510-29-057