NOT LISTED FOR SALE

16240 Brooke Acres Dr Los Gatos, CA 95032

East Los Gatos Neighborhood

Estimated Value: $4,350,000 - $5,437,000

4 Beds
3 Baths
3,300 Sq Ft
$1,481/Sq Ft Est. Value

Last Sold October 24, 2018

Last sale price $3,600,000 $1,091 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $30,424/month

27 Days on Market

Highlights

  • Skyline View
  • 1.12 Acre Lot
  • Bonus Room
  • Blossom Hill Elementary School Rated A
  • Marble Bathroom Countertops
  • Great Room

About This Home

As of October 2018

Majestic Trees Frame Captivating Custom Modern French Farmhouse!LOS GATOS SCHOOLS! Awesome Single-Story!Timeless Classic that Lives Large! Walls of Glass Showcase Vast Tranquil Nature Park Complete with Visits by Bambi+Fam! Exquisite Showstopping Front Porch is Reminiscent of Another Era! Impressive Designer Interiors Boast Wide French Oak Plank Floors, Great-Room Ambiance, with Enduring Appeal! Formal Living and Dining Rooms Blend into Family Centered Living=the Heart of the Home! Sep "Library" Could Be Music Room! Inviting Family Room Opens to Expansive Patio and Lush Lawns; Perfect for Entertaining! Stunning Gourmet Kitchen Boasts Dramatic Island, Prof 6 Burner 48" Viking Gas Range+Pot-Filler! Bedroom Wing includes Laundry Room. Superb Barn Doors Enhance Master Suite Retreat=Sophisticated Bath+Striking Stone Shower! Delightful Light-Filled Bedrooms Share Cool Bath=Jazzy Double Vanity+Shower Over Tub! Don't Miss Sep Office Plus Spacious Step-Down PlayRoom/ManCave?Room4Pool,SportsCt!!

Last Agent to Sell the Property

Lucy Wedemeyer

Christie's International Real Estate Sereno License #00640875 Listed on: 08/14/2018

Christie's International Real Estate Sereno

Co-Listed By

Keith Andry

Christie's International Real Estate Sereno License #01470138

Last Buyer's Agent

Kim Richman

Christie's International Real Estate Sereno License #01076556

Christie's International Real Estate Sereno

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $46,232

Year Built

  • Built in 1969

Lot Details

  • 1.12 Acre Lot
  • Partially Fenced Property
  • Sprinklers on Timer
  • Mostly Level
  • Back Yard

Parking

  • 2 Car Attached Garage

Home Design

  • Metal Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,300 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Skylights
  • Great Room
  • Separate Family Room
  • Formal Dining Room
  • Den
  • Library
  • Bonus Room
  • Skyline Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven
  • Range Hood
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Marble Bathroom Countertops
  • Stone Countertops In Bathroom
  • Dual Sinks
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry Tub
  • Electric Dryer Hookup

Outdoor Features

  • Balcony
  • Barbecue Area

Horse Facilities and Amenities

  • Horses Potentially Allowed on Property

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts

Listing and Financial Details

  • Assessor Parcel Number 532-18-026

Home Details

Home Type

Single Family

Est. Annual Taxes

$46,232

Year Built

Built in 1969

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 49
  • Listing Class: Residential
  • Structure Sq Ft: 3300
  • Year Built: 1969
  • Zoning Description: S
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Dining Room: Breakfast Bar, Eat in Kitchen, Formal Dining Room
  • Kitchen: 220 Volt Outlet, Countertop - Quartz, Countertop - Stone, Dishwasher, Garbage Disposal, Hood Over Range, Hookups - Ice Maker, Island, Oven Range - Gas, Pantry, Refrigerator
  • Living Sq Ft: 3300
  • Stories: 1
  • Laundry: Electricity Hookup (220V), In Utility Room, Inside, Tub / Sink
  • Additional Rooms: Bonus / Hobby Room, Den / Study / Office, Great Room, Laundry Room, Library
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Marble, Primary - Stall Shower(s), Shower over Tub - 1, Skylight, Stall Shower - 2+, Stone

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Metal
  • Yard/Grounds: Back Yard, Balcony / Patio, BBQ Area, Sprinklers - Auto, Sprinklers - Lawn
  • Horse Property: Possible
  • Fencing: Partial Fencing

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Parking Area, Room for Oversized Vehicle

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Skylight, Walk-in Closet, Wet Bar

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 Description: Grade - Mostly Level
  • Parcel Number: 532-18-026
  • Lot Acres: 1.1205
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 48811.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 48811.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2018
Closed on
Oct 11, 2018
Sold by
Karnan Faith L
Bought by
Loller William C and Loller Stephanie B
Seller's Agent
Lucy Wedemeyer
Christie's International Real Estate Sereno
Buyer's Agent
Kim Richman
Christie's International Real Estate Sereno
List Price
$3,498,000
Sold Price
$3,600,000
Premium/Discount to List
$102,000
2.92%
Current Estimated Value
$4,886,148

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,286,148
Avg. Annual Appreciation
4.55%
Original Mortgage
$2,500,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 14, 2018
Closed on
Oct 10, 2018
Sold by
Karnan Faith L
Bought by
Karnan Faith L
Seller's Agent
Lucy Wedemeyer
Christie's International Real Estate Sereno
Buyer's Agent
Kim Richman
Christie's International Real Estate Sereno
List Price
$3,498,000
Sold Price
$3,600,000
Premium/Discount to List
$102,000
2.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2005
Sold by
Karnan Faith L
Bought by
Karnan Faith L

Purchase Details

Closed on
Sep 12, 2002
Sold by
Karnan Richard P and Karnan Faith L
Bought by
Karnan Richard P and Karnan Faith L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 11, 1997
Sold by
Karnan Richard P
Bought by
Karnan Richard P and Karnan Faith L

Purchase Details

Closed on
Apr 24, 1996
Sold by
Karnan Richard P and Karnan Faith L
Bought by
Karnan Richard P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
8.25%
Mortgage Type
Purchase Money Mortgage
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
Loller William C $3,600,000 Chicago Title Co
Karnan Faith L -- Chicago Title Co
Karnan Faith L -- --
Karnan Richard P -- Stewart Title Of California
Karnan Richard P -- Stewart Title Of California
Karnan Richard P -- --
Karnan Richard P -- Old Republic Title
Karnan Richard P -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loller Family Trust $1,039,200
Open Loller Family Trust $2,066,000
Closed Loller Family Trust $2,018,000
Open Loller Family Trust $5,000,000
Closed Loller William C $2,137,000
Closed Loller Iswilliain C $2,150,000
Closed Loller William C $2,500,000
Previous Owner Karnan Richard P $283,500
Previous Owner Karnan Richard P $100,000
Previous Owner Karnan Richard P $285,000
Previous Owner Karnan Richard P $100,000
Previous Owner Karnan Richard P $310,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2018 10/24/18 Sold $3,600,000 +2.9% $1,091 / Sq Ft
09/11/2018 09/11/18 Pending -- -- --
08/26/2018 08/26/18 For Sale $3,498,000 0.0% $1,060 / Sq Ft
08/25/2018 08/25/18 Pending -- -- --
08/14/2018 08/14/18 For Sale $3,498,000 -- $1,060 / 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 $46,232 $4,078,644 $2,900,347 $1,178,297
2024 $46,232 $3,998,672 $2,843,478 $1,155,194
2023 $45,477 $3,920,268 $2,787,724 $1,132,544
2022 $45,173 $3,843,401 $2,733,063 $1,110,338
2021 $44,494 $3,768,041 $2,679,474 $1,088,567
2020 $43,402 $3,701,000 $2,652,000 $1,049,000
2019 $42,502 $3,600,000 $2,600,000 $1,000,000
2018 $3,052 $181,073 $51,755 $129,318
2017 $2,968 $177,524 $50,741 $126,783
2016 $2,860 $174,045 $49,747 $124,298
2015 $2,517 $171,431 $49,000 $122,431
2014 $2,499 $168,074 $48,041 $120,033
Source: Public Records

Agents Affiliated with this Home

  • Lucy Wedemeyer

    Seller's Agent in 2018

    Lucy Wedemeyer

    Sereno Group

    (408) 335-1414

    10 in this area

    45 Total Sales

    Lucy Wedemeyer
    Section Image
  • Keith Andry

    Seller Co-Listing Agent in 2018

    Keith Andry

    Sereno Group

    (408) 891-4151

    9 in this area

    39 Total Sales

    Keith Andry
    Section Image

  • K

    Buyer's Agent in 2018

    Kim Richman

    Sereno Group

    Section Image
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Map

Source: MLSListings

MLS Number: ML81718848

MLSListings

APN: 532-18-026

California Santa Clara County Los Gatos 95032 East Los Gatos

16240 Brooke Acres Dr, Los Gatos, CA

This home is located at 16240 Brooke Acres Dr, Los Gatos, CA 95032 since 14 August 2018 and is currently estimated at $4,886,148, approximately $1,480 per square foot. This property was built in 1969. 16240 Brooke Acres Dr is a home located in Santa Clara County with nearby schools including Blossom Hill Elementary School, Loma Prieta Elementary School, and Raymond J. Fisher Middle School.

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