$1,698,880
SOLD FEB 17, 2017
2 Beds
2 Baths
1,466 Sq Ft
1.45 Acres

Recently Sold

$1,159 Per Sq Ft

6% Below List Price

127 Days on Market

Highlights

  • Bay View
  • Deck
  • Wood Flooring
  • Saratoga Elementary School Rated A
  • Vaulted Ceiling
  • Beamed Ceilings

About This Home

As of February 2024

Beautiful Home on Large Lot w/Great Mountain & Valley Views - Los Gatos/Saratoga Schools! This private retreat is just a few minutes from Downtown Los Gatos & Saratoga. The home boasts sparkling wide-plank hardwood floors throughout. There are two full bathrooms, both beautifully updated. Other features include: Light & bright property with open and inviting floor plan designed to take advantage of the amazing location and views. Expansive decking, perfect for relaxing, entertaining or enjoying the built-in hot tub. Tranquil setting, mature oak trees, beautiful paths through woods leading to bordering open space preserve. Central heat and A/C. Double pane windows. Automatic wrought iron gate at entry. Meticulously maintained home. Copper piping. Unbeatable Location. Updated kitchen w/stainless steel appliances. Two car garage and long driveway for extra privacy & extra parking. Large 1.45 acre lot with plenty of room to build your masterpiece.

Last Agent to Sell the Property

David Montagna

Coldwell Banker Realty License #70000227 Listed on: 09/16/2016

Coldwell Banker Realty

Last Buyer's Agent

Betty Gong

Green Valley Realty USA License #00971366

Green Valley Realty USA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,402

Year Built

  • Built in 1962

Lot Details

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

Parking

  • 2 Car Detached Garage

Property Views

  • Bay
  • City Lights
  • Canyon
  • Mountain
  • Hills
  • Forest
  • Valley

Home Design

  • Composition Roof

Interior Spaces

  • 1,466 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Vaulted Ceiling
  • Skylights
  • Gas Fireplace
  • Double Pane Windows
  • Combination Dining and Living Room
  • Wood Flooring
  • Crawl Space
  • Washer and Dryer

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Tile Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

  • Security Gate
  • Alarm System

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Septic Tank

Community Details

  • Built by Montgomery Highlands

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: 54
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 20
  • Structure Sq Ft: 1466
  • Complex Name: Montgomery Highlands
  • Year Built: 1962
  • Zoning Description: HS-D1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Burning
  • Dining Room: Dining Area in Living Room
  • Kitchen: Cooktop - Electric, Countertop - Tile, Dishwasher, Garbage Disposal, Hood Over Range, Microwave, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 1466
  • Stories: 1
  • Security: Security Alarm
  • Laundry: Washer / Dryer
  • Flooring: Hardwood
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: Yes

Exterior Features

  • Foundation: Crawl Space
  • Roof: Composition
  • View: Bay, Canyon, City Lights, Forest / Woods, Hills, Mountains, Valley
  • Yard/Grounds: Deck
  • Construction Type: Wood

Garage/Parking

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

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Open Beam Ceiling, Security Gate, Skylight, Vaulted Ceiling

Schools

  • School District: Los Gatos-Saratoga Joint Union High

Lot Info

  • Lot Description: Grade - Hillside, Views
  • Parcel Number: 510-27-038
  • Lot Acres: 1.4480
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 63061.81
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 63061.81

Green Features

  • Energy Features: Double Pane Windows

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
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
5.43%
Original Mortgage
$1,585,000
Outstanding Balance
$1,564,838
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$643,798

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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $2,050,000 Old Republic Title
Grant Deed $1,699,000 Cornerstone Title Company
Grant Deed $1,310,000 Fidelity National Title Ins
Interfamily Deed Transfer -- Commonwealth Land Title
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Chicago Title Co
Quit Claim Deed -- Chicago Title
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,585,000 New Conventional
Previous Owner $283,000 New Conventional
Previous Owner $600,000 New Conventional
Previous Owner $500,000 Credit Line Revolving
Previous Owner $893,500 Negative Amortization
Previous Owner $917,000 Balloon
Previous Owner $275,000 Purchase Money Mortgage
Previous Owner $100,000 Credit Line Revolving
Previous Owner $275,000 Purchase Money Mortgage
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

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Map

Source: MLSListings

MLS Number: ML81614739

MLSListings

APN: 510-27-038