NOT LISTED FOR SALE

16310 Shannon Rd Los Gatos, CA 95032

East Los Gatos Neighborhood

Estimated Value: $3,148,000 - $3,772,556

4 Beds
2 Baths
2,052 Sq Ft
$1,681/Sq Ft Est. Value

Last Sold September 13, 2023

Last sale price $3,125,000 $1,523 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $21,963/month

7 Days on Market

Highlights

  • Pool and Spa
  • 0.71 Acre Lot
  • Balcony
  • Blossom Hill Elementary School Rated A
  • Family Room with Fireplace
  • 3-minute walk to Blossom Hill Park

About This Home

As of September 2023

Take advantage of an exceptionally rare opportunity in the heart of Los Gatos. This beautiful property sits on one of the most desirable streets in Los Gatos and offers unmatched convenience and potential. With multi-million-dollar homes all around, this truly is a unique investment opportunity. With proximity to schools, parks, shops, dining, and iconic downtown Los Gatos, you could not find a better location! This one of a kind flat .71-acre lot is perfectly suited for building a luxurious executive home and ADU. While building your dream home, you can also enjoy the existing 2,052 square foot ranch-style home with 4 bedrooms, 2 bathrooms, a pool, barn, 3 carports, and utility shed. Blossom Hill Park is just steps away, and the property is in the prestigious Los Gatos school system. With multi-million-dollar homes all around, this truly is a unique investment opportunity.

Last Agent to Sell the Property

Jackie Jones

Coldwell Banker Realty License #00595786 Listed on: 08/15/2023

Coldwell Banker Realty

Last Buyer's Agent

Jordan Mott

Intero Real Estate Services License #01959108

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,475

Year Built

  • Built in 1946

Lot Details

  • 0.71 Acre Lot
  • Wood Fence
  • Level Lot
  • Back Yard Fenced
  • Zoning described as R1-8

Home Design

  • Foam Roof

Interior Spaces

  • 2,052 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Carpet
  • Crawl Space
  • Laundry in unit

Kitchen

  • Oven or Range
  • Dishwasher
  • Formica Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Parking

  • 3 Carport Spaces
  • No Garage

Pool

  • Pool and Spa
  • Pool Cover

Outdoor Features

  • Balcony
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 532-42-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,475

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch
  • Age: 77
  • Listing Class: Residential
  • Structure Sq Ft: 2052
  • Year Built: 1946
  • Zoning Description: R1-8
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Living Room
  • Dining Room: Dining Area in Living Room
  • Kitchen: Countertop - Formica, Dishwasher, Exhaust Fan, Garbage Disposal, Oven Range
  • Living Sq Ft: 2052
  • Stories: 1
  • Bedrooms: Ground Floor Bedroom
  • Laundry: Inside
  • Flooring: Carpet
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Bathroom: Shower over Tub - 1, Stall Shower
  • Fireplace: Yes

Exterior Features

  • Foundation: Crawl Space
  • Pool Description: Pool - Cover, Pool / Spa Combo
  • Roof: Foam
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced, Storage Shed / Structure
  • Pool: Yes
  • Fencing: Fenced Back, Wood

Garage/Parking

  • Garage Parking Features: Carport, No Garage
  • Carport Min: 3

Utilities

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

Schools

  • School District: Los Gatos-Saratoga Joint Union High

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 532-42-001
  • Lot Acres: 0.7085
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 30863.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 30863.00

Multi Family

  • Utilities: 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
Aug 15, 2023
Closed on
Oct 5, 2023
Sold by
Mehta Kumar Family Trust
Bought by
Mehta Kumar Family Trust and Mehta
Seller's Agent
Jackie Jones
Coldwell Banker Realty
Buyer's Agent
Jordan Mott
Intero Real Estate Services
List Price
$2,998,000
Sold Price
$3,125,000
Premium/Discount to List
$127,000
4.24%
Views
47
Current Estimated Value
$3,472,882

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$347,882
Avg. Annual Appreciation
6.32%

Purchase Details

Closed on
Oct 1, 2021
Sold by
Wright Patrice Elizabeth Joy
Bought by
Mehta Kumar Family Trust and Mehta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,875,000
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 23, 2021
Sold by
Boschert Robert J
Bought by
Boschert Robert J and Robert J Boschert 2000 Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2017
Sold by
Boschert Robert J
Bought by
Boschert Robert J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$515,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2008
Sold by
Boschert Robert J
Bought by
Boschert Robert J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$587,000
Interest Rate
6.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 17, 2000
Sold by
Boschert Robert J
Bought by
Boschert Robert J
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
Mehta Kumar Family Trust -- Chicago Title
Mehta Kumar Family Trust $3,125,000 Chicago Title
Boschert Robert J -- Fidelity National Title Co
Boschert Robert J -- Fidelity National Title Co
Boschert Robert J -- Fidelity National Title Co
Boschert Robert J -- Fidelity National Title Co
Boschert Robert J -- First American Title Company
Boschert Robert J -- First American Title Company
Boschert Robert J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mehta Kumar Family Trust $1,875,000
Previous Owner Boschert Robert J $675,000
Previous Owner Boschert Robert J $515,000
Previous Owner Boschert Robert J $573,700
Previous Owner Boschert Robert J $587,000
Previous Owner Boschert Robert J $199,900
Previous Owner Boschert Robert J $587,600
Previous Owner Boschert Robert J $587,600
Previous Owner Boschert Robert J $580,000
Previous Owner Boschert Robert J $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2023 09/13/23 Sold $3,125,000 +4.2% $1,523 / Sq Ft
08/23/2023 08/23/23 Pending -- -- --
08/15/2023 08/15/23 For Sale $2,998,000 -- $1,461 / 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 $36,475 $3,187,500 $3,085,500 $102,000
2024 $36,475 $3,125,000 $3,025,000 $100,000
2023 $5,695 $396,292 $113,743 $282,549
2022 $5,589 $388,522 $111,513 $277,009
2021 $5,443 $380,905 $109,327 $271,578
2020 $5,331 $377,000 $108,206 $268,794
2019 $5,266 $369,609 $106,085 $263,524
2018 $5,177 $362,362 $104,005 $258,357
2017 $5,140 $355,258 $101,966 $253,292
2016 $4,982 $348,293 $99,967 $248,326
2015 $4,921 $343,062 $98,466 $244,596
2014 $4,826 $336,343 $96,538 $239,805
Source: Public Records

Agents Affiliated with this Home

  • Jackie Jones

    Seller's Agent in 2023

    Jackie Jones

    Coldwell Banker Realty

    (408) 491-1620

    1 in this area

    107 Total Sales

    Section Image
  • Jordan Mott

    Buyer's Agent in 2023

    Jordan Mott

    Intero Real Estate Services

    (408) 966-0846

    1 in this area

    291 Total Sales

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Map

Source: MLSListings

MLS Number: ML81938468

MLSListings

APN: 532-42-001

California Santa Clara County Los Gatos 95032 East Los Gatos

16310 Shannon Rd, Los Gatos, CA

This home is located at 16310 Shannon Rd, Los Gatos, CA 95032 since 15 August 2023 and is currently estimated at $3,448,889, approximately $1,680 per square foot. This property was built in 1946. 16310 Shannon Rd 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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