NOT LISTED FOR SALE

16140 Cypress Way Los Gatos, CA 95030

East Los Gatos Neighborhood

Estimated Value: $2,496,000 - $3,828,000

2 Beds
1 Bath
1,260 Sq Ft
$2,487/Sq Ft Est. Value

Last Sold December 16, 2019

Last sale price $1,425,000 $1,131 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $18,904/month

262 Days on Market

Highlights

  • 3.21 Acre Lot
  • Louise Van Meter Elementary School Rated A
  • 1-Story Property

About This Home

As of December 2019

OPPORTUNITY KNOCKS! RARE 3.2 ACRES LAND/BUILD MINUTES TO LOS GATOS HIGH AND DOWNTOWN LOS GATOS! REMODEL OR EXPAND EXISTING 1260SF HOME OR TEAR DOWN AND BUILD NEW 4500+SF HOME SURROUNDED BY $4M-$7M ESTATES! VAN METER ELEMENTARY, FISHER JR HIGH AND LOS GATOS HIGH SCHOOL! BEAUTIFUL BUILDABLE LOT WITH VIEWS! PG&E, CITY WATER ALL AT SITE READY TO GO! SEE RECENT SALES COMPS! MOMENTS TO EXCLUSIVE SHOPPING, FINE DINING AND LOS GATOS SCHOOLS! MUST SEE! Elevations of the property offer breathtaking views of Silicon Valley and San Francisco Bay and is perfect for a private estate or family retreat, with space for a vineyard and outbuildings or secondary dwelling unit. Property should support a 5000+ sq. plus a secondary dwelling unit of up to 1200sqft. Building permit approvals is County of Santa Clara (not Town of Los Gatos).

Last Agent to Sell the Property

Brett Jennings

Real Estate Experts ERA Powered License #70010020 Listed on: 02/25/2019

Real Estate Experts ERA Powered

Last Buyer's Agent

Brett Jennings

Real Estate Experts ERA Powered License #01761522

Real Estate Experts ERA Powered

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,472

Year Built

  • 1916

Lot Details

  • 3.21

Home Design

  • Composition Roof

Interior Spaces

  • 1,260 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • On-Street Parking
  • Off-Street Parking

Additional Features

  • 3.21 Acre Lot
  • Horses Potentially Allowed on Property
  • Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,472

Year Built

1916

Lot Details

0

Listing Details

  • Zoning: R1E-2
  • Subclass: Single Family Home
  • Age: 103
  • Listing Class: Residential
  • Structure Sq Ft: 1260
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1916

Interior Features

  • Family Room: No Family Room
  • Living Sq Ft: 1260
  • Stories: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Roof: Composition
  • Horse Property: Possible

Garage/Parking

  • Garage Parking Features: Off-Street Parking, On Street

Utilities

  • Sewer/Septic System: Existing Septic

Schools

  • School District: Los Gatos-Saratoga Joint Union High
  • Elementary School: Louise Van Meter Elementary
  • Middle School: Raymond J. Fisher Middle
  • High School: Los Gatos High
  • High School: 262
  • Elementary School: 143
  • Middle School: 141

Lot Info

  • Lot Acres: 3.2100
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 139826.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 139826.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2019
Closed on
Dec 4, 2019
Sold by
Lloyd Properties Llc
Bought by
Gillis Andrew B C and Gillis Olen Demi Dzilno
Seller's Agent
Brett Jennings
Real Estate Experts ERA Powered
Buyer's Agent
Brett Jennings
Real Estate Experts ERA Powered
List Price
$1,999,000
Sold Price
$1,425,000
Premium/Discount to List
-$574,000
-28.71%
Current Estimated Value
$3,133,789

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,708,789
Avg. Annual Appreciation
14.47%

Purchase Details

Closed on
Apr 2, 2019
Sold by
San Jose Water Company
Bought by
Lloyd Properties Llc
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
Gillis Andrew B C $1,425,000 Lawyers Title
Lloyd Properties Llc -- None Available
Lloyd Properties Llc -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/16/2019 12/16/19 Sold $1,425,000 0.0% $1,131 / Sq Ft
12/16/2019 12/16/19 Sold $1,425,000 -5.0% $1,131 / Sq Ft View Prior Sale
11/15/2019 11/15/19 Pending -- -- --
11/15/2019 11/15/19 Pending -- -- --
06/17/2019 06/17/19 Price Changed $1,500,000 0.0% $1,190 / Sq Ft
06/17/2019 06/17/19 Price Changed $1,500,000 -16.7% $1,190 / Sq Ft
04/04/2019 04/04/19 Price Changed $1,800,000 0.0% $1,429 / Sq Ft
04/04/2019 04/04/19 Price Changed $1,800,000 -10.0% $1,429 / Sq Ft
02/25/2019 02/25/19 For Sale $1,999,000 0.0% $1,587 / Sq Ft
02/08/2019 02/08/19 For Sale $1,999,000 -- $1,587 / 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 $27,472 $2,415,025 $1,531,102 $883,923
2024 $27,472 $2,367,673 $1,501,081 $866,592
2023 $27,502 $2,321,249 $1,471,649 $849,600
2022 $23,911 $2,031,704 $1,442,794 $588,910
2021 $21,148 $1,776,894 $1,414,504 $362,390
2020 $16,987 $1,425,000 $1,400,000 $25,000
2019 $11,847 $929,134 $883,197 $45,937
2018 $12,991 $910,917 $865,880 $45,037
2017 $13,251 $893,056 $848,902 $44,154
2016 $10,903 $875,546 $832,257 $43,289
2015 $10,803 $862,395 $819,756 $42,639
2014 $10,663 $845,503 $803,699 $41,804
Source: Public Records

Agents Affiliated with this Home

  • Brett Jennings

    Seller's Agent in 2019

    Brett Jennings

    Real Estate Experts ERA Powered

    (408) 427-9220

    4 in this area

    170 Total Sales

    Brett Jennings
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Map

Source: MLSListings

MLS Number: ML81740280

MLSListings

APN: 532-26-065

California Santa Clara County Los Gatos 95030 East Los Gatos

16140 Cypress Way, Los Gatos, CA

This home is located at 16140 Cypress Way, Los Gatos, CA 95030 since 25 February 2019 and is currently estimated at $3,133,789, approximately $2,487 per square foot. This property was built in 1916. 16140 Cypress Way is a home located in Santa Clara County with nearby schools including Louise Van Meter Elementary School, Loma Prieta Elementary School, and Raymond J. Fisher Middle School.

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