NOT LISTED FOR SALE

Estimated Value: $4,885,000 - $5,170,000

4 Beds
2.5 Baths
4,228 Sq Ft
$1,189/Sq Ft Est. Value

Last Sold May 15, 2015

Last sale price $3,150,000 $745 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $30,924/month

11 Days on Market

Highlights

  • Home Theater
  • Pool and Spa
  • 1.16 Acre Lot
  • Louise Van Meter Elementary School Rated A
  • Bay View
  • Deck

About This Home

As of May 2015

Luxurious Hillside Estate with Unparalleled Views of the Bay Area and Beyond! Completely remodeled, this upscale home offers 4 bedrooms and 2.5 baths on an approx. 1.16 Acre with a 3 car garage. Spacious open floor plan with Grand Foyer, spectacular Great Room, Formal Dining Room and Family Fun/Bar Area. Gourmet kitchen with custom hand made cabinetry, top of the line granite slab counters and appliances, Pantry off the main kitchen, Luxurious Master Suite & Bath, Custom Bi-level theater & much more!

Last Agent to Sell the Property

Dominic Nicoli

Intero Real Estate Services License #01112681 Listed on: 03/24/2015

Intero Real Estate Services

Last Buyer's Agent

Kate Engelbrecht

Coldwell Banker Realty License #00922873

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $42,499

Year Built

  • Built in 1977

Lot Details

  • 1.16 Acre Lot
  • Zoning described as R1E-2

Parking

  • 3 Car Detached Garage

Property Views

  • Bay
  • City Lights
  • Mountain
  • Valley

Home Design

  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,228 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Fireplace With Gas Starter
  • Great Room
  • Separate Family Room
  • Formal Dining Room
  • Home Theater
  • Alarm System
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Double Oven
  • Gas Cooktop
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • Dual Sinks
  • Hydromassage or Jetted Bathtub
  • Walk-in Shower

Pool

  • Pool and Spa
  • Black Bottom Pool

Outdoor Features

  • Balcony
  • Deck
  • Barbecue Area

Utilities

  • Forced Air Heating and Cooling System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 532-26-031

Home Details

Home Type

Single Family

Est. Annual Taxes

$42,499

Year Built

Built in 1977

Lot Details

0

Parking

3

Listing Details

  • Subclass: Single Family Home
  • Age: 38
  • Listing Class: Residential
  • Structure Sq Ft: 4228
  • Year Built: 1977
  • Zoning Description: R1E-2
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Starter
  • Dining Room: Breakfast Nook, Formal Dining Room
  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Garbage Disposal, Island with Sink, Oven - Double, Pantry, Refrigerator
  • Living Sq Ft: 4228
  • Stories: 2
  • Security: Security Alarm
  • Flooring: Hardwood, Stone, Tile
  • Additional Rooms: Great Room, Laundry Room, Media / Home Theater
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Stall Shower, Tub with Jets, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Pool Description: Pool - Black Bottom, Pool / Spa Combo
  • Roof: Tile
  • View: Bay, City Lights, Mountains, Valley
  • Yard/Grounds: Balcony / Patio, BBQ Area, Deck
  • Pool: Yes

Garage/Parking

  • Garage Spaces: 3
  • Garage Max: 3
  • Garage Min: 3
  • Garage Parking Features: Detached Garage

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Vaulted Ceiling, 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

  • Parcel Number: 532-26-031
  • Lot Acres: 1.1600
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 50530.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 50530.00

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

Closed on
Jan 5, 2016
Sold by
Kelly John Joseph
Bought by
Kelly John Joseph
Current Estimated Value
$5,025,297

Purchase Details

Listed on
Mar 24, 2015
Closed on
May 13, 2015
Sold by
Shapiro David and Shapiro Judy
Bought by
Kelly John Joseph
Seller's Agent
Dominic Nicoli
Intero Real Estate Services
Buyer's Agent
Kate Engelbrecht
Coldwell Banker Realty
List Price
$3,249,000
Sold Price
$3,150,000
Premium/Discount to List
-$99,000
-3.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.21%
Original Mortgage
$1,575,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 20, 2007
Sold by
Shapiro David and Shapiro Judy
Bought by
Shapiro David and Shapiro Judy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,225,000
Interest Rate
6.25%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Apr 6, 1999
Sold by
Lynn Shapiro and Lynn Garrett
Bought by
Shapiro David and Shapiro Judy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$752,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 31, 1995
Sold by
Jury William F and Jury Anita L
Bought by
Shapiro David and Garrett Judy Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$636,000
Interest Rate
7.63%
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
Kelly John Joseph -- None Available
Kelly John Joseph $3,150,000 Orange Coast Title
Shapiro David -- First American Title Co
Shapiro David -- Commonwealth Land Title Co
Shapiro David $795,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelly John Joseph $1,585,000
Closed Kelly John Joseph $1,575,000
Previous Owner Shapiro David $1,195,500
Previous Owner Shapiro David $1,212,000
Previous Owner Shapiro David $150,000
Previous Owner Shapiro David $1,225,000
Previous Owner Shapiro David $500,000
Previous Owner Shapiro David $737,500
Previous Owner Shapiro David $149,000
Previous Owner Shapiro David $752,000
Previous Owner Shapiro David $636,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2015 05/15/15 Sold $3,150,000 -3.0% $745 / Sq Ft
04/04/2015 04/04/15 Pending -- -- --
03/24/2015 03/24/15 For Sale $3,249,000 -- $768 / 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 $42,499 $3,785,820 $2,163,328 $1,622,492
2024 $42,499 $3,711,589 $2,120,910 $1,590,679
2023 $41,788 $3,638,814 $2,079,324 $1,559,490
2022 $41,502 $3,567,465 $2,038,553 $1,528,912
2021 $40,900 $3,497,516 $1,998,582 $1,498,934
2020 $40,220 $3,461,654 $1,978,089 $1,483,565
2019 $39,715 $3,393,779 $1,939,303 $1,454,476
2018 $39,204 $3,327,235 $1,901,278 $1,425,957
2017 $39,165 $3,261,997 $1,863,999 $1,397,998
2016 $38,223 $3,198,037 $1,827,450 $1,370,587
2015 $18,609 $1,520,412 $549,446 $970,966
2014 $18,360 $1,490,631 $538,684 $951,947
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81456525

MLSListings

APN: 532-26-031