NOT LISTED FOR SALE

16231 Wood Acres Rd Los Gatos, CA 95030

West Los Gatos Neighborhood

Estimated Value: $2,641,000

1.07 Acres
$2,464,309 Price per Acre
46,683 Sq Ft Lot

Last Sold April 04, 2022

Last sale price $567,608

Est. 365% increase in value since last sale

Current estimated payment $14,976/month

160 Days on Market

Highlights

  • 1.07 Acre Lot
  • Saratoga Elementary School Rated A
  • Canyon View

About This Lot

As of April 2022

Vacant Land with no structure on it - Once in a lifetime opportunity to build your dream home on this prestigious Monte Sereno property. An exclusive neighborhood with multi-million dollar homes in a tranquil natural setting, just minutes away from downtown Los Gatos and Saratoga. Hurry this property will not last. old Plans (currently expired) available upon request - Buyer has to purchase them, resubmit for approval or make new plans for their dream home. Many of the homes on the street have public water and Sewer. PG&E i available at the site.

Last Agent to Sell the Property

Rob Roham

Compass License #00984218 Listed on: 10/13/2021

Compass

Last Buyer's Agent

Rob Roham

Compass License #00984218 Listed on: 10/13/2021

Compass

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,026

Lot Details

  • 1.07 Acre Lot
  • Hillside Location

Property Views

  • Canyon
  • Hills
  • Forest

Outdoor Features

  • Electricity Available at Street

Property Details

Property Type

Land

Est. Annual Taxes

$7,026

Lot Details

0

Listing Details

  • Zoning: HS-D1
  • Subclass: Residential Lot
  • Listing Class: Residential Lots & Land
  • Present Use: Residential
  • Development Status: Improvements - Other
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Canyon, Forest / Woods, Hills

Utilities

  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Los Gatos-Saratoga Joint Union High

Lot Info

  • Lot Description: Grade - Hillside
  • Lot Acres: 1.0717
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 46685.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 46685.00
  • Parcel Access: Paved Road

Multi Family

  • Utilities: Electricity - Available At Street, Electricity - On Site, Gas - Tbd, Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2021
Closed on
Mar 28, 2022
Sold by
Patch Of Land Lending Llc
Bought by
Curtis Theodore C
Seller's Agent
Rob Roham
Compass
Buyer's Agent
Rob Roham
Compass
List Price
$999,000
Sold Price
$567,608
Premium/Discount to List
-$431,392
-43.18%
Current Estimated Value
$2,641,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,073,392
Avg. Annual Appreciation
60.11%

Purchase Details

Closed on
Aug 26, 2020
Sold by
Wood Acres Development
Bought by
Patch Of Land Lending Llc

Purchase Details

Closed on
Apr 30, 2018
Sold by
Zaghi Farhad
Bought by
Wood Acres Development

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,870,000
Interest Rate
4.44%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 31, 2012
Sold by
Northstar Properties Llc
Bought by
Zaghi Farhad

Purchase Details

Closed on
Jun 25, 2010
Sold by
L S Properties Lp
Bought by
Northstar Properties Llc

Purchase Details

Closed on
Jul 1, 2009
Sold by
Northstar Properties Llc
Bought by
L S Properties Lp

Purchase Details

Closed on
Sep 8, 2006
Sold by
Ls Properties Lp
Bought by
Northstar Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
6.56%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Nov 4, 2005
Sold by
Ls Properties Lp
Bought by
Northstar Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
5.9%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 23, 2004
Sold by
Clegg Randall D
Bought by
Ls Properties Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 13, 2000
Sold by
Foss Jean Mclean and Foss 1988 Living Trust
Bought by
Clegg Randall D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
8.07%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 28, 1988
Sold by
Foss William R and Foss Jean E
Bought by
Foss William R and Foss Jean Mclean
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
Curtis Theodore C $568,000 First American Title
Patch Of Land Lending Llc $1,400,000 Accommodation
Wood Acres Development $2,870,000 Stewart Title
Zaghi Farhas -- Stewart Title
Zaghi Farhad $1,050,000 Stewart Title Of California
Northstar Properties Llc $500,000 None Available
L S Properties Lp $750,000 None Available
Northstar Properties Llc -- Financial Title Company
Ls Properties Lp -- Financial Title Company
Northstar Properties Llc -- North American Title Company
Ls Properties Lp $450,000 Stewart Title Of California
Clegg Randall D $500,000 Commonwealth Land Title Co
Foss William R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zaghi Farhas $2,870,000
Previous Owner Zaghi Farhad $0
Previous Owner Ls Properties Lp $750,000
Previous Owner Northstar Properties Llc $420,000
Previous Owner Ls Properties Lp $300,000
Previous Owner Clegg Randall D $490,000
Previous Owner Thilmany Randy $200,000
Previous Owner Clegg Randall D $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2022 04/04/22 Sold $567,608 -18.8% --
03/23/2022 03/23/22 Pending -- -- --
11/23/2021 11/23/21 Price Changed $699,000 -30.0% --
10/13/2021 10/13/21 For Sale $999,000 -- --
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 $7,026 $602,349 $602,349 --
2024 $7,026 $590,539 $590,539 --
2023 $6,903 $578,960 $578,960 $0
2022 $36,824 $3,162,000 $3,162,000 $0
2021 $36,260 $3,100,000 $3,100,000 $0
2020 $34,587 $2,985,948 $2,985,948 $0
2019 $34,068 $2,927,400 $2,927,400 $0
2018 $8,538 $719,702 $719,702 $0
2017 $8,513 $705,591 $705,591 $0
2016 $8,270 $691,756 $691,756 $0
2015 $8,119 $681,366 $681,366 $0
2014 $7,958 $668,019 $668,019 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2022

    Rob Roham

    Compass

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Map

Source: MLSListings

MLS Number: ML81866615

MLSListings

APN: 510-53-018

California Santa Clara County Los Gatos 95030 West Los Gatos

16231 Wood Acres Rd, Los Gatos, CA

This home is located at 16231 Wood Acres Rd, Los Gatos, CA 95030 since 13 October 2021 and is currently estimated at $2,641,000. 16231 Wood Acres Rd 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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