NOT LISTED FOR SALE

16080 Ridgecrest Ave Monte Sereno, CA 95030

Estimated Value: $3,323,000 - $4,108,000

4 Beds
3 Baths
2,841 Sq Ft
$1,332/Sq Ft Est. Value

Last Sold July 31, 2013

Last sale price $1,785,000 $628 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $21,379/month

32 Days on Market

Highlights

  • Primary Bedroom Suite
  • Living Room with Fireplace
  • Main Floor Bedroom
  • Saratoga Elementary School Rated A
  • Traditional Architecture
  • Attic

About This Home

As of July 2013

Charming home on a large flat lot (0.3 Acre) at prime Monte Sereno location, Gourmet kitchen overlooking lush back yard w/ High ceilings, Granite slab counter top, Viking professional stove, Island, and Wine Cooler, Master suite on first floor, Living room with gas fireplace and French doors opening to the deck. Excellent Saratoga/Los Gatos schools. Only minutes away from Downtown Los Gatos.

Last Agent to Sell the Property

Gita Kazemi

Coldwell Banker Realty License #01747241 Listed on: 05/16/2013

Coldwell Banker Realty

Last Buyer's Agent

Anthony Lum

Coldwell Banker Realty License #01172999

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,295

Year Built

  • Built in 1947

Lot Details

  • Zoning described as R44

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Fiberglass Roof

Interior Spaces

  • 2,841 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Skylights
  • Gas Log Fireplace
  • Bay Window
  • Separate Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Bonus Room
  • Tile Flooring
  • Laundry in Garage
  • Attic

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • 3 Full Bathrooms
  • Bathtub
  • Walk-in Shower

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 510-12-019

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,295

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Traditional
  • Age: 66
  • Sale Price Per Sq Ft: 628.30
  • Level Street Main: Bedroom(s)
  • Listing Class: Residential
  • Structure Sq Ft: 2841
  • Incorporated: Yes
  • Map Book Page: 872
  • Map Side Coordinate: 6
  • Map Top Coordinate: J
  • Thomas Bros Page: 872
  • Thomas Brothers: J6
  • Year Built: 1947
  • Zoning Description: R44
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room, Gas Log, Yes
  • Dining Room: Formal Dining Room, Eat in Kitchen
  • Kitchen: Dishwasher, Garbage Disposal, Refrigerator, Oven Range, Hookups - Gas
  • Living Sq Ft: 2841
  • Stories: 2
  • Security: Security Alarm - Owned
  • Bedrooms: Primary Suite / Retreat, Ground Floor Bedroom
  • Laundry: In Garage
  • Flooring: Carpet - Area, Tile
  • Additional Rooms: Bonus / Hobby Room, Attic
  • Maximum Bathrooms: 3
  • Maximum Numberof Bedrooms: 4
  • Minimum Bathrooms: 3
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Bathroom: Tubs - 2+, Stall Shower, Sunken Tub, Tub in Primary Bedroom

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Pool - No
  • Roof: Fiberglass
  • Yard/Grounds: Patio(s)

Garage/Parking

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

Utilities

  • Cooling System: Central AC
  • Heating System: Heating - 2+ Zones, Forced Air
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Bay Window

Schools

  • School District: Los Gatos-Saratoga Joint Union High
  • Elementary School: Saratoga Elementary
  • Middle School: Redwood Middle
  • High School: Los Gatos High
  • High School: 262
  • Elementary School: 199
  • Middle School: 198

Lot Info

  • Parcel Number: 510-12-019
  • List Price per Sq Ft: 633.58
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 14014.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 14014.00
  • Lot Size Area Min Search: 14014.00
  • Maximum Lot Size: 14014.00
  • Map Book: Thomas Bros

Green Features

  • Energy Features: Skylight, Ceiling Fan(s)

Multi Family

  • Maximum Building Height: 2
  • Minimum Building Height: 2

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2013
Closed on
Jul 24, 2013
Sold by
Ellis George R
Bought by
Viswanath Harsha C and Viswanath Se
Seller's Agent
Gita Kazemi
Coldwell Banker Realty
Buyer's Agent
Anthony Lum
Coldwell Banker Realty
List Price
$1,800,000
Sold Price
$1,785,000
Premium/Discount to List
-$15,000
-0.83%
Current Estimated Value
$3,504,590

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,719,590
Avg. Annual Appreciation
5.49%
Original Mortgage
$1,428,000
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 19, 2003
Sold by
Swamy Ram R and Ramaswamy Usha
Bought by
Ellis George R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$812,500
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 3, 2002
Sold by
Swamy Ram R and Ramaswamy Usha
Bought by
Swamy Ram R and Ramaswamy Usha

Purchase Details

Closed on
Feb 11, 1998
Sold by
Desimone Ralph E and Desimone Laurie C
Bought by
Swamy Ram R and Ramaswamy Usha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,500
Interest Rate
6.97%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 1, 1995
Sold by
Stypula John Walter and Stypula Gail Ann
Bought by
Desimone Ralph E and Desimone Laurie C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
7.58%
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
Viswanath Harsha C $1,785,000 Cornerstone Title Company
Ellis George R $1,250,000 Chicago Title
Swamy Ram R -- --
Swamy Ram R $775,000 Chicago Title Co
Desimone Ralph E $550,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Viawanath Harsha C $1,266,000
Closed Viswanath Harsha C $1,347,000
Closed Viswanath Harsha C $1,428,000
Previous Owner Ellis George R $200,000
Previous Owner Ellis George R $200,000
Previous Owner Ellis George R $812,500
Previous Owner Swamy Ram R $1,090,000
Previous Owner Swamy Ram R $500,000
Previous Owner Swamy Ram R $77,500
Previous Owner Swamy Ram R $620,000
Previous Owner Desimone Ralph E $440,000
Closed Desimone Ralph E $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2013 07/31/13 Sold $1,785,000 -0.8% $628 / Sq Ft
06/17/2013 06/17/13 Pending -- -- --
05/16/2013 05/16/13 For Sale $1,800,000 -- $634 / 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 $26,295 $2,254,560 $1,750,282 $504,278
2024 $26,295 $2,210,354 $1,715,963 $494,391
2023 $26,051 $2,167,015 $1,682,317 $484,698
2022 $25,665 $2,124,526 $1,649,331 $475,195
2021 $25,247 $2,082,870 $1,616,992 $465,878
2020 $24,721 $2,061,513 $1,600,412 $461,101
2019 $23,639 $1,961,288 $1,569,032 $392,256
2018 $23,225 $1,922,832 $1,538,267 $384,565
2017 $23,127 $1,885,130 $1,508,105 $377,025
2016 $22,457 $1,848,168 $1,478,535 $369,633
2015 $22,012 $1,820,408 $1,456,327 $364,081
2014 $21,545 $1,784,750 $1,427,800 $356,950
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81317042

MLSListings

APN: 510-12-019