NOT LISTED FOR SALE

Estimated Value: $5,155,000 - $6,048,000

6 Beds
5 Baths
4,300 Sq Ft
$1,296/Sq Ft Est. Value

Last Sold July 27, 2012

Last sale price $2,827,000 $657 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $32,784/month

61 Days on Market

Highlights

  • Art Studio
  • Cabana
  • Primary Bedroom Suite
  • Louise Van Meter Elementary School Rated A
  • RV Access or Parking
  • Mountain View

About This Home

As of July 2012

Price adjusted 6/23/12. Mediterranean Estate, 4,300 square feet, on 1.24 acres. Prime location of Los Gatos. Remodeled and updated. Kitchen designed by Deguilio. Open floor plan is great for entertaining. Large master with adjoining gym or artist studio. 6 bedrooms. Fantastic landscaped yard with pool, spa, and cabana. Very peaceful setting. 3 car garage. Top Rated Los Gatos School District.

Last Agent to Sell the Property

Kenn Callahan

Coldwell Banker Realty License #01044326 Listed on: 05/08/2012

Coldwell Banker Realty

Last Buyer's Agent

Susan Castaneda

Coldwell Banker Realty License #70000700

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,815

Year Built

  • Built in 1989

Lot Details

  • Security Fence
  • Lot Sloped Up
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Zoning described as HR

Property Views

  • Mountain
  • Neighborhood

Home Design

  • Mediterranean Architecture
  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,300 Sq Ft Home
  • Wet Bar
  • Central Vacuum
  • Vaulted Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Double Pane Windows
  • Window Treatments
  • Formal Entry
  • Separate Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Library
  • Recreation Room
  • Bonus Room
  • Art Studio
  • Storage Room
  • Utility Room
  • Security System Owned

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Oven
  • Microwave
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Bathtub with Shower
  • Walk-in Shower

Parking

  • Attached Garage
  • Garage Door Opener
  • Off-Street Parking
  • RV Access or Parking

Pool

  • Cabana
  • In Ground Pool
  • Outdoor Pool
  • Spa

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Barbecue Area

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Gas
  • 220 Volts
  • Sewer Within 50 Feet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 532-17-034

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,815

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Style: Mediterranean
  • Age: 23
  • Sale Price Per Sq Ft: 657.44
  • Level Street Main: 2 or more Primary Suites, Bedroom(s)
  • Listing Class: Residential
  • Structure Sq Ft: 4300
  • Barclay Horizontal: 31
  • Barclays Page: 94
  • Incorporated: Yes
  • Map Book Page: 873
  • Map Book Page Secondary: 94
  • Map Side Coordinate: 7
  • Map Side Coordinate Secondary: 51
  • Map Top Coordinate: D
  • Map Top Coordinate Secondary: 31
  • Thomas Bros Page: 873
  • Thomas Brothers: D7
  • Year Built: 1989
  • Zoning Description: HR
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room, Primary Bedroom, Wood Burning, Gas Starter, Yes
  • Dining Room: Formal Dining Room, Breakfast Bar, Eat in Kitchen
  • Stories: Bi/ Split Level
  • Kitchen: Pantry, Garbage Disposal, Dishwashers - 2+, Microwave, Trash Compactor, Refrigerators - 2+, Oven - Built-In, 220 Volt Outlet, Hookups - Gas
  • Living Sq Ft: 4300
  • Security: Security Alarm - Owned, Security Fence
  • Bedrooms: Primary Suite / Retreat, Primary Suite / Retreate - 2+, Ground Floor Bedroom
  • Laundry: In Laundry Room, 220 Volt Outlet
  • Flooring: Hardwood - Partial, Carpet - Wall to Wall, Marble
  • Additional Rooms: Bonus / Hobby Room, Utility Room, Den / Study / Office, Library, Rec/Rumpus Room, Artist Studio, Formal Entry, Storage
  • Maximum Bathrooms: 4
  • Maximum Numberof Bedrooms: 6
  • Minimum Bathrooms: 4
  • Minimum Numberof Bedrooms: 6
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Bathroom: Shower over Tub - 1, Tubs - 1, Stall Shower - 2+, Tub in Primary Bedroom

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Pool Description: Spa / Hot Tub, In Ground Concrete, Cabana / Dressing Room, Pool - Yes
  • Roof: Tile
  • View: Mountains, Local/Neighborhood
  • Yard/Grounds: Patio(s), Patio(s)/Deck(s) - Covered, Sprinkler(s) - Front, Sprinkler(s) - Rear, Sprinklers - Auto, BBQ Area, Deck
  • Pool: Yes
  • Exterior: Wood, Stucco

Garage/Parking

  • Garage Min: 3
  • Garage Parking Features: Attached Garage, Gate / Door Opener, Off-Street Parking, RV/Boat Parking

Utilities

  • Cooling System: Central AC
  • Heating System: Heating - 2+ Zones, Forced Air, Gas
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Window Covering(s), Double Pane Windows(s), High Ceiling, Vaulted Ceiling, Wet Bar, Built-in Vacuum

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 - Sloped Up
  • Parcel Number: 532-17-034
  • List Price per Sq Ft: 695.35
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 54014.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 54014.00
  • Lot Size Area Min Search: 54014.00
  • Maximum Lot Size: 54014.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Green Features

  • Energy Features: Double Pane Windows, Skylight

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
May 8, 2012
Closed on
Jul 23, 2012
Sold by
Niederman Kim and Niederman Dawn R
Bought by
Sheth Hitesh and Sheth Kalpana J
Seller's Agent
Kenn Callahan
Coldwell Banker Realty
Buyer's Agent
Susan Castaneda
Coldwell Banker Realty
List Price
$3,199,000
Sold Price
$2,827,000
Premium/Discount to List
-$372,000
-11.63%
Current Estimated Value
$5,574,108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,747,108
Avg. Annual Appreciation
5.26%

Purchase Details

Closed on
May 2, 2003
Sold by
Niederman Kim and Niederman Dawn R
Bought by
Niederman Kim and Niederman Dawn R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,000
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 1, 2002
Sold by
Niederman Kim and Niederman Dawn R
Bought by
Niederman Kim and Niederman Dawn R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,700
Interest Rate
6.94%
Mortgage Type
Balloon

Purchase Details

Closed on
Sep 2, 1997
Sold by
Kim Niederman and Kim Dawn R
Bought by
Niederman Kim and Niederman Dawn R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 18, 1997
Sold by
Kim Niederman and Kim Dawn R
Bought by
Niederman Kim and Niederman Dawn R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 26, 1995
Sold by
Niederman Kim
Bought by
Niederman Kim and Niederman Dawn R

Purchase Details

Closed on
Jul 13, 1994
Sold by
Niederman Dawn
Bought by
Niederman Kim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 11, 1994
Sold by
Goldberg M Alan and Goldberg Perri A
Bought by
Niederman Kim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.87%
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
Sheth Hitesh $2,827,000 Old Republic Title Company
Niederman Kim -- American Title Insurance Co
Niederman Kim -- American Title Insurance Co
Niederman Kim -- Commonwealth Land Title
Niederman Kim -- Commonwealth Land Title
Niederman Kim -- Chicago Title Co
Niederman Kim -- Chicago Title Co
Niederman Kim -- --
Niederman Kim -- Santa Clara Land Title Co
Niederman Kim $1,070,000 Santa Clara Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Niederman Kim $297,000
Previous Owner Niederman Kim $300,700
Previous Owner Niederman Kim $246,000
Previous Owner Niederman Kim $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2012 07/27/12 Sold $2,827,000 -5.5% $657 / Sq Ft
07/08/2012 07/08/12 Pending -- -- --
06/23/2012 06/23/12 Price Changed $2,990,000 -6.5% $695 / Sq Ft
05/08/2012 05/08/12 For Sale $3,199,000 -- $744 / 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 $39,815 $3,480,929 $2,436,621 $1,044,308
2024 $39,815 $3,412,677 $2,388,845 $1,023,832
2023 $39,158 $3,345,762 $2,342,005 $1,003,757
2022 $38,901 $3,280,160 $2,296,084 $984,076
2021 $38,309 $3,215,844 $2,251,063 $964,781
2020 $37,648 $3,182,871 $2,227,982 $954,889
2019 $37,153 $3,120,463 $2,184,297 $936,166
2018 $36,658 $3,059,278 $2,141,468 $917,810
2017 $36,547 $2,999,293 $2,099,479 $899,814
2016 $35,639 $2,940,484 $2,058,313 $882,171
2015 $35,454 $2,896,316 $2,027,396 $868,920
2014 $34,944 $2,839,583 $1,987,683 $851,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81217174

MLSListings

APN: 532-17-034