NOT LISTED FOR SALE

16040 Redwood Lodge Rd Los Gatos, CA 95033

Estimated Value: $1,360,000 - $1,790,000

5 Beds
2 Baths
2,938 Sq Ft
$554/Sq Ft Est. Value

Last Sold February 08, 2021

Last sale price $1,225,000 $417 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $10,106/month

176 Days on Market

Highlights

  • 8.57 Acre Lot
  • Deck
  • Forest View
  • Loma Prieta Elementary School Rated A
  • Contemporary Architecture
  • Family Room with Fireplace

About This Home

As of February 2021

*New expanded driveway for additional parking and updates in home. Location, location, location! Absolutely stunning mountain retreat with over 8.5 acres of land and excellent Los Gatos schools. Close to world class wineries and iconic Summit Store. Spacious 2,983 sqft home features beautiful kitchen, spacious living room area, high ceilings, exposed wood beams, new 6 panel doors, double sided stone fireplace ready for entertaining. Additional features include, upgraded extra large double pane windows throughout, enjoy majestic views of natural beauty from inside or entertain out on the newer deck. Spacious interior to accommodate family, guest and office space. High speed fiber to allow capacity to work from home and download entertainment with ease. Newly paved private circular driveway. Property bonus features include a seasonal spring and large flat area. The possibilities are limitless with over 8.5 acres to hike (private trail) or bike and roam around and do as you please.

Last Agent to Sell the Property

Dat Vu

Dat Vu, Broker License #01454787 Listed on: 07/31/2020

Last Buyer's Agent

Scott Phong

HLB Realty,Inc License #01395088

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,487

Year Built

  • 1971

Lot Details

  • 8.57

Home Design

  • Contemporary Architecture
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 2,938 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Two Way Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Forest Views
  • Laundry in unit

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Travertine

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms
  • Granite Bathroom Countertops

Outdoor Features

  • Seasonal Stream
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Propane
  • Well
  • Septic Tank

Additional Features

  • 8.57 Acre Lot
  • Horses Potentially Allowed on Property

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,487

Year Built

1971

Lot Details

0

Listing Details

  • Zoning: SU
  • Subclass: Single Family Home
  • Style: Contemporary
  • Age: 49
  • Listing Class: Residential
  • Structure Sq Ft: 2938
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1971

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Dual See Thru, Family Room, Living Room, Wood Burning
  • Dining Room: Breakfast Bar, Dining Area, Formal Dining Room
  • Kitchen: Countertop - Granite, Dishwasher, Microwave, Oven Range - Gas, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 2938
  • Stories: 2
  • Laundry: Inside
  • Flooring: Carpet, Hardwood, Travertine, Wood
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Bathroom: Granite

Exterior Features

  • Foundation: Post And Pier
  • Roof: Composition
  • View: Forest / Woods
  • Yard/Grounds: Deck
  • Horse Property: Possible
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Parking Features: Drive Through

Utilities

  • Cooling System: Ceiling Fan, Central Ac
  • Heating System: Forced Air
  • Sewer/Septic System: Septic Tank / Pump

Schools

  • School District: Los Gatos-Saratoga Joint Union High

Lot Info

  • Lot Description: Stream - Seasonal
  • Lot Acres: 8.5720
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 373396.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 373396.00

Multi Family

  • Utilities: Individual Electric Meters, Propane On Site

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2020
Closed on
Feb 3, 2021
Sold by
Vurich Joseph and Vurich Alice
Bought by
Yong Lih Fang and Yong Chee Siong
Seller's Agent
Dat Vu
Dat Vu, Broker
Buyer's Agent
Scott Phong
HLB Realty,Inc
List Price
$1,445,000
Sold Price
$1,225,000
Premium/Discount to List
-$220,000
-15.22%
Current Estimated Value
$1,617,896

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$392,896
Avg. Annual Appreciation
5.19%

Purchase Details

Closed on
Aug 17, 2016
Sold by
Evans Earnest B and Mora Marta M
Bought by
Bousfield David H and Lonergan Rebecca L

Purchase Details

Closed on
Jun 9, 2009
Sold by
Vurich Joseph and Vurich Alice
Bought by
Vurich Joseph and Vurich Alice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
4.76%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jul 21, 2006
Sold by
Deutsche Bank National Trust Co
Bought by
Vurich Joseph and Harmon Alice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$616,000
Interest Rate
6.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 15, 2005
Sold by
Webster David D and Webster Gabrielle N
Bought by
Deutsche Bank National Trust Co

Purchase Details

Closed on
Dec 19, 1997
Sold by
Webster David A and Webster Gabrielle N
Bought by
Webster David D and Webster Gabrielle N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$446,250
Interest Rate
9.12%

Purchase Details

Closed on
Apr 7, 1997
Sold by
Webster David D and Webster Gabrielle N
Bought by
Webster David D and Webster Gabrielle N

Purchase Details

Closed on
Jan 12, 1996
Sold by
Downey Fletcher C and Downey Rochelle R
Bought by
Webster David D and Webster Gabrielle N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,200
Interest Rate
6.75%
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
Yong Lih Fang $1,225,000 Chicago Title Insurance Co
Bousfield David H -- None Available
Vurich Joseph -- Chicago Title Company
Vurich Joseph $770,000 Santa Cruz Title Company
Deutsche Bank National Trust Co -- First American Title Co
Webster David D -- Commonwealth Land Title Co
Webster David D -- --
Webster David D $399,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vurich Joseph Peter $100,000
Previous Owner Vurich Joseph $625,000
Previous Owner Vurich Joseph $616,000
Previous Owner Webster David D $600,000
Previous Owner Webster David D $200,000
Previous Owner Webster David D $677,000
Previous Owner Webster David D $122,250
Previous Owner Webster David D $446,250
Previous Owner Webster David D $370,000
Previous Owner Webster David D $319,200
Closed Webster David D $39,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2021 02/08/21 Sold $1,225,000 -5.8% $417 / Sq Ft
01/24/2021 01/24/21 Pending -- -- --
11/30/2020 11/30/20 Price Changed $1,300,005 -6.8% $442 / Sq Ft
08/28/2020 08/28/20 Price Changed $1,395,000 -3.5% $475 / Sq Ft
07/31/2020 07/31/20 For Sale $1,445,000 -- $492 / 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 $15,487 $1,325,979 $974,189 $351,790
2023 $15,107 $1,274,490 $936,360 $338,130
2022 $14,506 $1,249,500 $918,000 $331,500
2021 $11,249 $953,078 $444,358 $508,720
2020 $11,311 $943,304 $439,801 $503,503
2019 $10,876 $924,809 $431,178 $493,631
2018 $10,333 $870,798 $405,998 $464,800
2017 $9,668 $821,508 $383,017 $438,491
2016 $9,011 $760,655 $354,645 $406,010
2015 $8,483 $717,599 $334,570 $383,029
2014 $7,701 $646,486 $301,414 $345,072
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81803916

MLSListings

APN: 097-061-30-000