NOT LISTED FOR SALE

Estimated Value: $5,306,000 - $7,616,854

4 Beds
5 Baths
5,370 Sq Ft
$1,189/Sq Ft Est. Value

Last Sold November 01, 2018

Last sale price $4,425,000 $824 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $39,497/month

432 Days on Market

Highlights

  • Wine Cellar
  • Heated In Ground Pool
  • City Lights View
  • Saratoga Elementary School Rated A
  • Custom Home
  • 1.1 Acre Lot

About This Home

As of November 2018

Stunning gated luxury estate sited on one of the most prestigious streets in Los Gatos/Saratoga. Surrounded by other multi-million dollar estates, Matilija Drive offers rare sanctuary and true retreat from Silicon Valley, yet is convenient to fine dining, award winning schools and commute. European inspired design and exquisite craftsmanship combine to create a residence offering the ultimate in luxury and state-of-the-art convenience. Main residence boast 5,028+/- SF of living area, plus there is a 342+/- pool/guest house. Grand gourmet kitchen opens to family great room. Exceptional grounds with lush gardens, vineyard, outdoor fireplace, pavilion, custom fountain and pool. Dramatic valley/city light and mountain views. Saratoga schools and so much more!

Last Agent to Sell the Property

David Welton

Compass License #00922957 Listed on: 07/10/2017

Compass

Last Buyer's Agent

David Welton

Compass License #00922957 Listed on: 07/10/2017

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $56,555

Year Built

  • Built in 1957

Lot Details

  • 1.1 Acre Lot
  • Gated Home
  • Property is Fully Fenced
  • Secluded Lot
  • Sprinklers on Timer
  • Hilly Lot
  • Back Yard
  • Zoning described as RHS-D

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Electric Gate
  • Uncovered Parking

Property Views

  • Skyline
  • Vineyard
  • Hills

Home Design

  • Custom Home
  • Mediterranean Architecture
  • Pillar, Post or Pier Foundation
  • Ceiling Insulation
  • Tile Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 5,370 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Whole House Fan
  • Skylights
  • 4 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Formal Entry
  • Wine Cellar
  • Great Room
  • Formal Dining Room
  • Den
  • Travertine

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Built-In Self-Cleaning Double Oven
  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Warming Drawer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • 5 Full Bathrooms
  • Marble Bathroom Countertops
  • Dual Sinks
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer
  • Laundry Tub

Basement

  • Sump Pump
  • Crawl Space

Home Security

  • Security Lights
  • Security Gate
  • Alarm System
  • Panic Alarm
  • Fire and Smoke Detector

Pool

  • Heated In Ground Pool
  • Spa
  • Fence Around Pool
  • Outside Bathroom Access
  • Pool Sweep

Outdoor Features

  • Balcony
  • Deck
  • Outdoor Fireplace
  • Outdoor Kitchen
  • Gazebo
  • Barbecue Area

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Vented Exhaust Fan
  • Thermostat
  • Separate Meters
  • Power Generator
  • Individual Gas Meter
  • Tankless Water Heater
  • Satellite Dish
  • Cable TV Available

Additional Features

  • Energy-Efficient HVAC
  • Vineyard

Community Details

  • Courtyard
  • Controlled Access

Listing and Financial Details

  • Assessor Parcel Number 510-23-007

Home Details

Home Type

Single Family

Est. Annual Taxes

$56,555

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Custom, Mediterranean
  • Age: 60
  • Listing Class: Residential
  • Structure Sq Ft: 5370
  • Year Built: 1957
  • Zoning Description: RHS-D
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Gas Burning, Gas Starter, Wood Burning
  • Dining Room: Dining Bar, Formal Dining Room
  • Kitchen: Cooktop - Gas, Countertop - Other, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Hookups - Gas, Ice Maker, Island, Oven - Built-In, Oven - Double, Oven - Gas, Oven - Self Cleaning, Refrigerator, Warming Drawer
  • Living Sq Ft: 5370
  • Stories: 1
  • Security: Controlled / Secured Access, Fire Alarm, Panic Alarm, Security Alarm, Security Lights
  • Bedrooms: Walk-in Closet
  • Laundry: Dryer, Tub / Sink, Washer, Washer / Dryer
  • Flooring: Travertine
  • Additional Rooms: Den / Study / Office, Formal Entry, Great Room, Guest House, Laundry Room, Office Area, Wine Cellar / Storage
  • Fireplaces Min: 4
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 5
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Marble, Outside Access, Shower and Tub, Skylight, Stall Shower, Tub, Tub with Jets, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space, Foundation Pillars
  • Pool Description: Pool - Fenced, Pool - Heated, Pool - In Ground, Spa / Hot Tub, Pool - Sweep
  • Roof: Tile
  • View: City Lights, Hills, Vineyard
  • Yard/Grounds: Back Yard, Balcony / Patio, BBQ Area, Courtyard, Deck, Fenced, Gazebo, Outdoor Fireplace, Outdoor Kitchen, Sprinklers - Auto, Sprinklers - Lawn
  • Pool: Yes
  • Fencing: Complete Perimeter, Gate, Mixed Height / Type
  • Construction Type: Stucco, Wood

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Electric Gate, Gate / Door Opener, Uncovered Parking

Utilities

  • Cooling System: Central Forced Air - Gas, Multi-Zone, Whole House / Attic Fan
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public, Sewer Connected, Sump Pump

Association/Amenities

  • Amenities Miscellaneous: Security Gate, Skylight, Vaulted Ceiling, Walk-in Closet, Wet Bar

Schools

  • School District: Los Gatos-Saratoga Joint Union High

Lot Info

  • Lot Description: Grade - Hilly, Grade - Varies, Private / Secluded, Views, Vineyard
  • Parcel Number: 510-23-007
  • Lot Acres: 1.0952
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 47708.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 47708.00

Green Features

  • Energy Features: Ceiling Insulation, Energy Star HVAC, Skylight, Tankless Water Heater, Thermostat Controller

Multi Family

  • Utilities: Generator, Individual Electric Meters, Individual Gas Meters, 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
Jul 10, 2017
Closed on
Oct 1, 2018
Sold by
Marks Athena S
Bought by
Gosling Mark Robert and Millar Alison Claire
Seller's Agent
David Welton
Compass
Buyer's Agent
David Welton
Compass
List Price
$6,300,000
Sold Price
$4,425,000
Premium/Discount to List
-$1,875,000
-29.76%
Current Estimated Value
$6,383,964

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,958,964
Avg. Annual Appreciation
4.39%
Original Mortgage
$3,000,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 4, 1994
Sold by
Jones Harvey C and Jones Barbara E
Bought by
Marks Christopher A and Marks Athena S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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 Buyer Sale Price Title Company
Gosling Mark Robert $4,425,000 Fidelity National Title Co
Marks Christopher A $1,050,000 All Cal Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gosling Mark Robert $1,967,000
Closed Gosling Mark Robert $2,250,000
Closed Gosling Mark Robert $3,000,000
Previous Owner Marks Athena S $1,500,000
Previous Owner Marks Athena S $567,000
Previous Owner Marks Athena S $167,000
Previous Owner Marks Athena S $900,000
Previous Owner Marks Christopher A $840,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2018 11/01/18 Sold $4,425,000 -1.7% $824 / Sq Ft
09/16/2018 09/16/18 Pending -- -- --
09/04/2018 09/04/18 Price Changed $4,500,000 -9.9% $838 / Sq Ft
04/13/2018 04/13/18 Price Changed $4,995,000 -6.6% $930 / Sq Ft
01/31/2018 01/31/18 Price Changed $5,350,000 -7.0% $996 / Sq Ft
12/06/2017 12/06/17 Price Changed $5,750,000 -8.7% $1,071 / Sq Ft
07/10/2017 07/10/17 For Sale $6,300,000 -- $1,173 / 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 $56,555 $4,936,167 $3,123,451 $1,812,716
2024 $56,555 $4,839,380 $3,062,207 $1,777,173
2023 $56,118 $4,744,491 $3,002,164 $1,742,327
2022 $54,954 $4,651,463 $2,943,299 $1,708,164
2021 $54,087 $4,560,259 $2,885,588 $1,674,671
2020 $52,983 $4,513,500 $2,856,000 $1,657,500
2019 $52,166 $4,425,000 $2,800,000 $1,625,000
2018 $19,483 $1,606,570 $738,120 $868,450
2017 $19,345 $1,575,070 $723,648 $851,422
2016 $18,776 $1,544,187 $709,459 $834,728
2015 $18,397 $1,520,993 $698,803 $822,190
2014 $17,999 $1,491,200 $685,115 $806,085
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81669179

MLSListings

APN: 510-23-007