$2,250,000
SOLD AUG 27, 2020

16363 Ridgecrest Ave Monte Sereno, CA 95030

2 Beds
2 Baths
1,691 Sq Ft
1.05 Acres

Recently Sold

$1,331 Per Sq Ft

13% Below List Price

8 Days on Market

Highlights

  • 1.05 Acre Lot
  • Mountain View
  • Wood Flooring
  • Saratoga Elementary School Rated A
  • Vaulted Ceiling
  • Beamed Ceilings

About This Home

As of October 2023

Rare opportunity to build your dream home in one of Monte Sereno's finest locations! Enjoy sunrise with unobstructed views to the east hills and of Mt. Hamilton. Surrounded by estate quality homes yet close proximity to beautiful downtown Los Gatos. More than one acre of gorgeous oaks and wildlife provide the perfect setting for your new home. Build new or remodel existing structure to make your dreams come true. The existing modest home offers a large living room with a fireplace, two bedroom suites, and a small kitchen.

Last Agent to Sell the Property

Nevis and Ardizzone Team

Compass License #70010073 Listed on: 07/21/2020

Compass

Last Buyer's Agent

Trisha Tuyen Ho

Santana Real Estate License #01191325

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $136,724

Year Built

  • Built in 1924

Lot Details

  • 1.05 Acre Lot
  • Lot Sloped Down
  • Zoning described as R44

Property Views

  • Mountain
  • Valley

Home Design

  • Composition Roof

Interior Spaces

  • 1,691 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Formal Dining Room

Kitchen

  • Built-In Oven
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Tile Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Carport Space
  • Off-Street Parking

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 510-21-069

Home Details

Home Type

Single Family

Est. Annual Taxes

$136,724

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Age: 96
  • Listing Class: Residential
  • Structure Sq Ft: 1691
  • Year Built: 1924
  • Zoning Description: R44
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room, Wood Burning
  • Dining Room: Dining Area, Formal Dining Room
  • Kitchen: Cooktop - Electric, Countertop - Tile, Dishwasher, Microwave, Oven - Built-In, Oven - Electric
  • Living Sq Ft: 1691
  • Stories: 1
  • Flooring: Carpet, Tile, Wood
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: Yes

Exterior Features

  • Roof: Composition
  • View: Mountains, Valley

Garage/Parking

  • Garage Parking Features: Carport, Off-Street Parking
  • Carport Min: 1

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Open Beam Ceiling, Vaulted Ceiling

Schools

  • School District: Los Gatos-Saratoga Joint Union High
  • Middle School: Redwood Middle
  • High School: Saratoga High
  • High School: 264
  • Middle School: 198

Lot Info

  • Lot Description: Grade - Sloped Down
  • Parcel Number: 510-21-069
  • Lot Acres: 1.0460
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 45563.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 45563.00

Multi Family

  • Utilities: Natural Gas, Public Utilities

MLS Schools

  • High School District Text: Los Gatos-Saratoga Joint Union High
  • High School Text: Saratoga High
  • Middle School Text: Redwood Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2023
Closed on
Oct 5, 2023
Sold by
Banda Sumanth and Banda Pavani
Bought by
Mojodojo Llc
Seller's Agent
Stilla Raissi
Coldwell Banker Realty
Buyer's Agent
Laura McCarthy
Golden Gate Sotheby's International Realty
List Price
$11,800,000
Sold Price
$11,800,000
Views
46
Current Estimated Value
$9,285,008

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,514,992
Avg. Annual Appreciation
-11.95%

Purchase Details

Listed on
Jun 14, 2021
Closed on
Aug 5, 2021
Sold by
Shaked Ofer and Shaked Lilach
Bought by
Banda Sumanth and Reddy Pavani
Seller's Agent
Trisha Tuyen Ho
Santana Real Estate
Buyer's Agent
Stilla Raissi
Coldwell Banker Realty
List Price
$3,098,000
Sold Price
$3,115,000
Premium/Discount to List
$17,000
0.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
85.26%
Original Mortgage
$2,415,000
Interest Rate
2.14%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 21, 2020
Closed on
Aug 6, 2020
Sold by
Garber James J
Bought by
Shaked Ofer and Shaked Lilach
Seller's Agent
Nevis and Ardizzone Team
Compass
Buyer's Agent
Trisha Tuyen Ho
Santana Real Estate
List Price
$2,590,000
Sold Price
$2,250,000
Premium/Discount to List
-$340,000
-13.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.00%

Purchase Details

Closed on
Oct 26, 2016
Sold by
Garber James J
Bought by
Garber James J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
3.5%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 12, 2013
Sold by
Bates Virginia T and Garber James J
Bought by
Garber James J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.98%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $11,800,000 First American Title
Grant Deed $3,115,000 Fidelity National Title Co
Grant Deed $2,250,000 Old Republic Title Company
Interfamily Deed Transfer -- Old Republic Title Company
Interfamily Deed Transfer -- First American Title Company
Grant Deed $208,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,000,000 New Conventional
Previous Owner $2,415,000 New Conventional
Previous Owner $325,000 Credit Line Revolving
Previous Owner $417,000 New Conventional
Previous Owner $150,000 Credit Line Revolving
Previous Owner $100,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2023 10/27/23 Sold $11,800,000 0.0% $1,931 / Sq Ft
09/29/2023 09/29/23 Pending -- -- --
09/05/2023 09/05/23 For Sale $11,800,000 +278.8% $1,931 / Sq Ft
08/30/2021 08/30/21 Sold $3,115,000 +0.5% $1,842 / Sq Ft
06/22/2021 06/22/21 Pending -- -- --
06/14/2021 06/14/21 For Sale $3,098,000 +37.7% $1,832 / Sq Ft
08/27/2020 08/27/20 Sold $2,250,000 -13.1% $1,331 / Sq Ft
07/30/2020 07/30/20 Pending -- -- --
07/21/2020 07/21/20 For Sale $2,590,000 -- $1,532 / 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 $136,724 $12,036,000 $10,200,000 $1,836,000
2024 $136,724 $11,800,000 $10,000,000 $1,800,000
2023 $85,525 $7,276,300 $3,126,300 $4,150,000
2022 $37,225 $3,115,000 $3,065,000 $50,000
2021 $27,276 $2,250,000 $2,200,000 $50,000
2020 $4,596 $314,541 $138,345 $176,196
2019 $4,510 $308,375 $135,633 $172,742
2018 $4,416 $302,329 $132,974 $169,355
2017 $4,373 $296,402 $130,367 $166,035
2016 $4,301 $290,591 $127,811 $162,780
2015 $4,194 $286,227 $125,892 $160,335
2014 $4,088 $280,621 $123,426 $157,195
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81802156

MLSListings

APN: 510-21-069