NOT LISTED FOR SALE

16050 Overlook Dr Los Gatos, CA 95030

Glen Una Neighborhood

Estimated Value: $2,036,000 - $2,318,398

2 Beds
2 Baths
1,341 Sq Ft
$1,649/Sq Ft Est. Value

Last Sold February 21, 2024

Last sale price $2,050,000 $1,529 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $13,960/month

114 Days on Market

Highlights

  • Spa
  • City Lights View
  • Solar owned by a third party
  • Saratoga Elementary School Rated A
  • 2 Car Detached Garage
  • Laundry in Utility Room

About This Home

As of February 2024

Welcome to this stunning home nestled in the desirable Hillside above Saratoga and Los Gatos. With its prime location, breathtaking Silicon Valley views, and proximity to Villa Montalvo Arboretum County Park and El Sereno Open Space Preserve, this property offers the perfect blend of tranquility and convenience. Access to spectacular trails for both hiking and biking, truly for nature lovers. As you step inside, you are greeted by the elegance of the hardwood floors that flow throughout the home, creating a warm and inviting ambiance. The spacious living/dining area is the heart of the home, featuring a cozy fireplace that adds a touch of charm and comfort and a custom mural depicting the actual views. The kitchen is thoughtfully designed, with top-of-the-line appliances, including a Miele dishwasher, GE Monogram multi-use microwave, refrigerator, and an induction cooktop. The captivating city lights will serve as a constant reminder of the vibrant energy of Silicon Valley.

Last Agent to Sell the Property

Cyndi Stewart

Compass License #70000314 Listed on: 09/19/2023

Compass

Last Buyer's Agent

Jennifer Tollenaar

Redfin License #01405600

Redfin

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,402

Year Built

  • Built in 1962

Lot Details

  • 1.45 Acre Lot
  • Hillside Location
  • Zoning described as HS-D1

Parking

  • 2 Car Detached Garage

Property Views

  • City Lights
  • Mountain
  • Valley

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,341 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Laundry in Utility Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Walk-in Shower

Utilities

  • Forced Air Heating and Cooling System
  • Septic Tank

Additional Features

  • Solar owned by a third party
  • Spa

Listing and Financial Details

  • Assessor Parcel Number 510-27-038

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,402

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 61
  • Listing Class: Residential
  • Structure Sq Ft: 1341
  • Year Built: 1962
  • Zoning Description: HS-D1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room
  • Dining Room: Dining Area in Living Room
  • Living Sq Ft: 1341
  • Stories: 1
  • Laundry: In Utility Room
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Primary - Stall Shower(s), Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Pool Description: Spa - Jetted
  • Roof: Composition
  • View: City Lights, Mountains, Valley

Garage/Parking

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

Utilities

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

Schools

  • School District: Los Gatos-Saratoga Joint Union High

Lot Info

  • Lot Description: Grade - Hillside
  • Parcel Number: 510-27-038
  • Lot Acres: 1.4477
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 63063.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 63063.00

Multi Family

  • Utilities: Public Utilities, Solar Panels - Leased

MLS Schools

  • High School District Text: Los Gatos-Saratoga Joint Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2023
Closed on
Feb 12, 2024
Sold by
Gallagher Steven James and Chan Lana Hiului
Bought by
Jayaraman Arjun and Venkatasubramaniyan Shreya
Seller's Agent
Cyndi Stewart
Compass
Buyer's Agent
Jennifer Tollenaar
Redfin
List Price
$2,100,000
Sold Price
$2,050,000
Premium/Discount to List
-$50,000
-2.38%
Views
6728
Current Estimated Value
$2,208,636

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,636
Avg. Annual Appreciation
4.82%
Original Mortgage
$1,585,000
Outstanding Balance
$1,564,838
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$632,104

Purchase Details

Listed on
Sep 16, 2016
Closed on
Feb 7, 2017
Sold by
Pakdaman Nader
Bought by
Gallagher Steven James and Chan Lana Hiului
Seller's Agent
David Montagna
Coldwell Banker Realty
Buyer's Agent
Betty Gong
Green Valley Realty USA
List Price
$1,798,800
Sold Price
$1,698,880
Premium/Discount to List
-$99,920
-5.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.72%
Original Mortgage
$600,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 2003
Sold by
Grose Leroy J and Grose Susan K
Bought by
Pakdaman Nader

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$917,000
Interest Rate
3.67%
Mortgage Type
Balloon

Purchase Details

Closed on
Apr 8, 2002
Sold by
Grose Leroy J and Grose Susan K
Bought by
Grose Leroy J and Grose Susan K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 22, 2001
Sold by
Grose Leroy J and Grose Susan K
Bought by
Grose Leroy J and Grose Susan K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.97%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 16, 2001
Sold by
Grose Leroy J and Grose Susan K
Bought by
Grose Leroy J and Grose Susan K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.97%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 3, 2000
Sold by
Grose Leroy J And Susan K Trustee
Bought by
Midpeninsula Regional Open Space Dist

Purchase Details

Closed on
Sep 3, 1997
Sold by
Grose Leroy J and Grose Susan K
Bought by
Grose Leroy J and Grose Susan K
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
Jayaraman Arjun $2,050,000 Old Republic Title
Gallagher Steven James $1,699,000 Cornerstone Title Company
Pakdaman Nader $1,310,000 Fidelity National Title Ins
Grose Leroy J -- Commonwealth Land Title
Grose Leroy J -- --
Grose Leroy J -- Chicago Title Co
Midpeninsula Regional Open Space Dist -- Chicago Title
Grose Leroy J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jayaraman Arjun $1,585,000
Previous Owner Gallagher Steven James $283,000
Previous Owner Gallagher Steven James $600,000
Previous Owner Pakdaman Nader $500,000
Previous Owner Pakdaman Nader $893,500
Previous Owner Pakdaman Nader $917,000
Previous Owner Grose Leroy J $275,000
Previous Owner Grose Leroy J $100,000
Previous Owner Grose Leroy J $275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2024 02/21/24 Sold $2,050,000 -2.4% $1,529 / Sq Ft
01/12/2024 01/12/24 Pending -- -- --
09/19/2023 09/19/23 For Sale $2,100,000 +23.6% $1,566 / Sq Ft
02/17/2017 02/17/17 Sold $1,698,880 0.0% $1,159 / Sq Ft
01/22/2017 01/22/17 Pending -- -- --
10/11/2016 10/11/16 Price Changed $1,698,880 -5.6% $1,159 / Sq Ft
09/16/2016 09/16/16 For Sale $1,798,800 -- $1,227 / 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
2024 $22,402 $1,933,030 $1,546,422 $386,608
2023 $22,177 $1,895,128 $1,516,100 $379,028
2022 $21,715 $1,857,970 $1,486,373 $371,597
2021 $21,381 $1,821,540 $1,457,229 $364,311
2020 $20,953 $1,802,863 $1,442,287 $360,576
2019 $20,640 $1,767,513 $1,414,007 $353,506
2018 $20,295 $1,732,857 $1,386,282 $346,575
2017 $19,122 $1,604,831 $1,225,065 $379,766
2016 $18,587 $1,573,365 $1,201,045 $372,320
2015 $18,244 $1,549,733 $1,183,005 $366,728
2014 $17,878 $1,519,377 $1,159,832 $359,545
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2024

    Cyndi Stewart

    Compass

    Section Image

  • J

    Buyer's Agent in 2024

    Jennifer Tollenaar

    Redfin

    Section Image
  • David Montagna

    Seller's Agent in 2017

    David Montagna

    Coldwell Banker Realty

    (408) 354-2465

    1 in this area

    21 Total Sales

    Section Image
  • Betty Gong

    Buyer's Agent in 2017

    Betty Gong

    Green Valley Realty USA

    (408) 313-2844

    13 Total Sales

    Section Image
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Map

Source: MLSListings

MLS Number: ML81942379

MLSListings

APN: 510-27-038

California Santa Clara County Los Gatos 95030 Glen Una

16050 Overlook Dr, Los Gatos, CA

This home is located at 16050 Overlook Dr, Los Gatos, CA 95030 since 19 September 2023 and is currently estimated at $2,211,100, approximately $1,648 per square foot. This property was built in 1962. 16050 Overlook Dr is a home located in Santa Clara County with nearby schools including Saratoga Elementary School, Foothill Elementary School, and Argonaut Elementary School.

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