NOT LISTED FOR SALE

Estimated Value: $5,251,000 - $6,562,000

5 Beds
4.5 Baths
4,517 Sq Ft
$1,367/Sq Ft Est. Value

Last Sold April 18, 2023

Last sale price $5,400,000 $1,195 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $40,072/month

Highlights

  • Wine Cellar
  • Heated Pool and Spa
  • 0.49 Acre Lot
  • Blossom Hill Elementary School Rated A
  • Primary Bedroom Suite
  • Radiant Floor

About This Home

As of April 2023

Gorgeous, custom Los Gatos estate~Epicurean kitchen with island & professional grade appliances~Butler's pantry~Great room with fireplace and slide & fold doors that open to large covered patio with outdoor fireplace for gracious indoor/outdoor entertaining~Formal dining room~Elegant primary suite with dual walk in closets, jetted tub and separate stall shower, & dual vanities~5 bedrooms plus office~Resort-like backyard with pool & spa, outdoor kitchen, pool house with exercise room & 1/2 bath, fire pit, putting green, outdoor shower~Main level mudroom/laundry room & 2nd floor addt'l laundry room~3 car detached garage~Gated motor court.

Last Agent to Sell the Property

Fran Papapietro

Christie's International Real Estate Sereno License #01358728 Listed on: 04/18/2023

Christie's International Real Estate Sereno

Last Buyer's Agent

Tabea Thornton

Compass License #01995508

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $63,297

Year Built

  • Built in 2015

Lot Details

  • 0.49 Acre Lot
  • Gated Home
  • Wood Fence
  • Sprinklers on Timer
  • Zoning described as R1-20

Parking

  • 3 Car Detached Garage
  • Electric Vehicle Home Charger

Home Design

  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,517 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Gas Fireplace
  • Mud Room
  • Formal Entry
  • Wine Cellar
  • Great Room
  • Formal Dining Room
  • Den
  • Bonus Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Radiant Floor
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on upper level
  • Laundry Tub

Pool

  • Heated Pool and Spa
  • Heated In Ground Pool

Outdoor Features

  • Balcony
  • Outdoor Fireplace
  • Outdoor Kitchen
  • Fire Pit

Utilities

  • Forced Air Zoned Heating and Cooling System

Community Details

  • Courtyard

Listing and Financial Details

  • Assessor Parcel Number 532-05-019

Home Details

Home Type

Single Family

Est. Annual Taxes

$63,297

Year Built

Built in 2015

Lot Details

0

Parking

3

Listing Details

  • Subclass: Single Family Home
  • Age: 8
  • Listing Class: Residential
  • Structure Sq Ft: 4517
  • Year Built: 2015
  • Zoning Description: R1-20
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo, Separate Family Room
  • Fireplace: Gas Burning, Gas Starter
  • Dining Room: Breakfast Bar, Dining Area in Family Room, Eat in Kitchen, Formal Dining Room
  • Kitchen: Countertop - Stone, Dishwasher, Garbage Disposal, Hood Over Range, Island with Sink, Microwave, Oven Range - Built-In, Gas, Pantry, Refrigerator
  • Living Sq Ft: 4517
  • Stories: 2
  • Bedrooms: Ground Floor Bedroom, Primary Bedroom on Ground Floor, Primary Suite / Retreat, Walk-in Closet
  • Laundry: Inside, Tub / Sink, Upper Floor
  • Flooring: Hardwood, Stone
  • Additional Rooms: Bonus / Hobby Room, Den / Study / Office, Formal Entry, Great Room, Laundry Room, Mud Room, Wine Cellar / Storage
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Pool - Heated, Pool - In Ground, Pool / Spa Combo
  • Roof: Tile
  • Yard/Grounds: Balcony / Patio, Courtyard, Fenced, Fire Pit, Outdoor Fireplace, Outdoor Kitchen, Sprinklers - Auto
  • Pool: Yes
  • Fencing: Gate, Wood

Garage/Parking

  • Garage Spaces: 3
  • Garage Max: 3
  • Garage Min: 3
  • Garage Parking Features: Detached Garage
  • Electric Vehicle Hookup Type: Electric Vehicle Hookup Level 2 (240 volts)

Utilities

  • Cooling System: Central AC, Multi-Zone
  • Heating System: Central Forced Air - Gas, Heating - 2+ Zones, Radiant Floors
  • Sewer/Septic System: Sewer - Public

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: 532-05-019
  • Lot Acres: 0.4946
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 21545.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 21545.00

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
Apr 18, 2023
Closed on
Apr 5, 2023
Sold by
Rainey John David and Rainey Kelly M
Bought by
Grier Michael and Grier Anne
Seller's Agent
Fran Papapietro
Christie's International Real Estate Sereno
Buyer's Agent
Tabea Thornton
Compass
Sold Price
$5,400,000
Current Estimated Value
$6,355,569

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$955,569
Avg. Annual Appreciation
5.96%
Original Mortgage
$2,900,000
Outstanding Balance
$2,805,398
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$3,371,204

Purchase Details

Closed on
Feb 19, 2015
Sold by
Ricci Nicole and Mcnelly Michael
Bought by
Rainey John David and Rainey Kelly M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,025,000
Interest Rate
2.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 16, 2014
Sold by
Massei Steve
Bought by
Vinco Development Corporation

Purchase Details

Closed on
May 22, 2014
Sold by
Ricci Nicole and Mcnelly Mike
Bought by
Ricci Nicole and Mcnelly Mike

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,485,000
Interest Rate
4.23%
Mortgage Type
Construction

Purchase Details

Listed on
Jul 19, 2013
Closed on
Jul 25, 2013
Sold by
Brasiel Robert W and Anderson Cathleen
Bought by
Mcnelly Nicole Ricci and Mcnelly Mike
Seller's Agent
Ducky Grabill
Christie's International Real Estate Sereno
Buyer's Agent
Joe Piazza
Compass
List Price
$1,598,000
Sold Price
$1,662,000
Premium/Discount to List
$64,000
4.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.54%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Grier Michael $5,400,000 Old Republic Title
Rainey John David $4,325,000 Chicago Title Company
Vinco Development Corporation -- None Available
Ricci Nicole -- First American Title Company
Mcnelly Nicole Ricci $1,662,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grier Michael $2,900,000
Previous Owner Rainey John David $2,957,000
Previous Owner Rainey John David $3,025,000
Previous Owner Ricci Nicole $1,485,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2023 06/16/23 Pending -- -- --
04/18/2023 04/18/23 Sold $5,400,000 +24.9% $1,195 / Sq Ft
09/22/2015 09/22/15 Sold $4,325,000 -3.8% $958 / Sq Ft
08/22/2015 08/22/15 Pending -- -- --
08/04/2015 08/04/15 Price Changed $4,498,000 -4.3% $996 / Sq Ft
06/26/2015 06/26/15 Price Changed $4,700,000 -5.1% $1,041 / Sq Ft
04/16/2015 04/16/15 For Sale $4,950,000 +197.8% $1,096 / Sq Ft
08/05/2013 08/05/13 Sold $1,662,000 +4.0% $1,536 / Sq Ft
07/25/2013 07/25/13 Pending -- -- --
07/19/2013 07/19/13 For Sale $1,598,000 -- $1,477 / 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 $63,297 $5,618,160 $3,537,360 $2,080,800
2024 $63,297 $5,508,000 $3,468,000 $2,040,000
2023 $58,918 $5,101,820 $2,958,353 $2,143,467
2022 $58,522 $5,001,786 $2,900,347 $2,101,439
2021 $57,664 $4,903,713 $2,843,478 $2,060,235
2020 $56,678 $4,853,432 $2,814,322 $2,039,110
2019 $55,938 $4,758,268 $2,759,140 $1,999,128
2018 $55,201 $4,664,970 $2,705,040 $1,959,930
2017 $55,125 $4,573,500 $2,652,000 $1,921,500
2016 $51,899 $4,325,000 $2,600,000 $1,725,000
2015 $30,054 $2,450,916 $1,536,916 $914,000
2014 $20,467 $1,669,545 $1,506,810 $162,735
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81932172

MLSListings

APN: 532-05-019