NOT LISTED FOR SALE

16450 Los Gatos Almaden Rd Los Gatos, CA 95032

East Los Gatos Neighborhood

Estimated Value: $3,018,000 - $3,431,021

3 Beds
2 Baths
2,028 Sq Ft
$1,594/Sq Ft Est. Value

Last Sold June 30, 2021

Last sale price $2,825,000 $1,393 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $20,168/month

4 Days on Market

Highlights

  • Primary Bedroom Suite
  • Jetted Tub in Primary Bathroom
  • 2 Car Attached Garage
  • Blossom Hill Elementary School Rated A
  • Breakfast Area or Nook
  • Walk-In Closet

About This Home

As of June 2021

CORNER HOME ON IMMENSE LOT | Nestled in a park-like corner setting, this gracious Blossom Manor home occupies a sprawling lot just moments from shopping, dining, Vasona Park, and award-winning LG schools! The lively single-level layout showcases open living and dining areas flowing into an entertaining patio, plus a central, newly refinished kitchen with stainless appliances. Stylish amenities include fully-owned SOLAR, oversized picture windows, designer lighting, central AC, and keyless entry. Quiet and luxurious, the owner suite has space for a sitting room/office, an immense walk-in closet, outdoor access, and relaxing bath with soaking tub and double shower. Beautiful lawns flank the home, and the vast backyard retreat is an outdoor delight with a planter garden and fruit trees, including apricot, pomegranate, cherry, lemon, and orange. Includes oversized two-car garage with EV wiring and separate parking pad. Near groceries, fitness, freeways, and acclaimed Los Gatos schools!

Last Agent to Sell the Property

Roxy Laufer

Christie's International Real Estate Sereno License #02006177 Listed on: 05/27/2021

Christie's International Real Estate Sereno

Co-Listed By

Jane Shen

Christie's International Real Estate Sereno License #01958893

Last Buyer's Agent

Steven Luethje

Realty One Group Infinity License #01960698

Realty One Group Infinity

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,253

Year Built

  • 1950

Lot Details

  • 0.27

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,028 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Family or Dining Combination
  • Laminate Flooring
  • Breakfast Area or Nook

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Jetted Tub in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry on upper level
  • Washer and Dryer

Additional Features

  • 0.27 Acre Lot
  • Forced Air Heating and Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,253

Year Built

1950

Lot Details

0

Parking

2

Listing Details

  • Zoning: R1-8
  • Subclass: Single Family Home
  • Age: 71
  • Listing Class: Residential
  • Structure Sq Ft: 2028
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1950

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Wood Burning
  • Dining Room: Breakfast Nook, Dining Area, Dining Area In Family Room
  • Fireplace: Yes
  • Living Sq Ft: 2028
  • Stories: 1
  • Bedrooms: Primary Suite / Retreat, Walk-In Closet
  • Laundry: Inside, Upper Floor, Washer / Dryer
  • Flooring: Laminate
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Primary - Stall Shower(s), Primary - Tub With Jets, Shower And Tub

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage

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 Acres: 0.2727
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 11878.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 11878.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2021
Closed on
Jun 22, 2021
Sold by
Nimmagadda Srimaruti Manoj and Mandava Sindhura
Bought by
Shah Zubin and Shah Rajvi
Seller's Agent
Roxy Laufer
Christie's International Real Estate Sereno
Buyer's Agent
Steven Luethje
Realty One Group Infinity
List Price
$2,299,000
Sold Price
$2,825,000
Premium/Discount to List
$526,000
22.88%
Current Estimated Value
$3,233,005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$408,005
Avg. Annual Appreciation
3.29%
Original Mortgage
$2,260,000
Outstanding Balance
$2,034,342
Interest Rate
2.25%
Mortgage Type
New Conventional
Estimated Equity
$1,198,663

Purchase Details

Closed on
Jul 30, 2019
Sold by
Nimmagadda Srimaruti Manoj and Mandava Sindhura
Bought by
Nimmagadda Srimaruti Manoj and Mandava Sindhura

Purchase Details

Listed on
May 2, 2017
Closed on
May 19, 2017
Sold by
Radityo Gabriel U and Suwarna Astrid Sagita
Bought by
Nimmagadda Srimaruti Manoj and Mandava Sindhura
Seller's Agent
Mark Von Kaenel
KW Bay Area Estates
Buyer's Agent
Vuppuladhadium Venkataramana
Bay Zone Realtors, Inc.
List Price
$1,699,000
Sold Price
$1,825,000
Premium/Discount to List
$126,000
7.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.19%
Original Mortgage
$180,675
Interest Rate
4.02%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
May 2, 2014
Closed on
Jun 3, 2014
Sold by
Potmesil Jason and Potmesil Jennifer
Bought by
Radityo Gabriel U and Suwarna Astrid Sagita
Seller's Agent
Nina Durante
Compass
Buyer's Agent
Angelica Robles
Redfin
List Price
$1,395,000
Sold Price
$1,410,000
Premium/Discount to List
$15,000
1.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.07%
Original Mortgage
$1,128,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 6, 2010
Sold by
Potmesil Jason and Potmesil Jennifer
Bought by
Potmesil Jason and Potmesil Jennifer

Purchase Details

Closed on
Nov 5, 2007
Sold by
Potmesil Jason
Bought by
Potmesil Jason and Potmesil Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
6.38%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 13, 2003
Sold by
Potmesil Jason and Potmesil Jennifer
Bought by
Potmesil Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
5.46%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 25, 2002
Sold by
Self Dorthy M
Bought by
Potmesil Jason and Potmesil Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
6%

Purchase Details

Closed on
Apr 16, 2001
Sold by
Self Dorthy M
Bought by
Self Dorthy M

Purchase Details

Closed on
Apr 10, 1997
Sold by
Self Garland W and Self Dorothy M
Bought by
Self Garland W and Self Dorthy
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
Shah Zubin $2,825,000 Cornerstone Title Company
Nimmagadda Srimaruti Manoj -- None Available
Nimmagadda Srimaruti Manoj $1,825,000 Chicago Title Company
Radityo Gabriel U $1,410,000 Fidelity National Title Co
Potmesil Jason -- None Available
Potmesil Jason -- None Available
Potmesil Jason -- Stewart Title Of California
Potmesil Jason $589,000 Chicago Title Co
Self Dorthy M -- --
Self Garland W -- --
Self Garland W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shah Zubin $2,260,000
Previous Owner Nimmagadda Srimaruti Manoj $1,269,000
Previous Owner Nimmagadda Srimaruti Manoj $1,300,000
Previous Owner Nimmagadda Srimaruti Manoj $180,675
Previous Owner Nimmagadda Srimaruti Manoj $1,460,000
Previous Owner Radityo Gabriel U $1,093,000
Previous Owner Radityo Gabriel U $1,128,000
Previous Owner Potmesil Jason $675,000
Previous Owner Potmesil Jason $187,500
Previous Owner Potmesil Jason $92,000
Previous Owner Potmesil Jason $720,000
Previous Owner Potmesil Jason $130,000
Previous Owner Potmesil Jason $525,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2021 06/30/21 Sold $2,825,000 +22.9% $1,393 / Sq Ft
05/31/2021 05/31/21 Pending -- -- --
05/27/2021 05/27/21 For Sale $2,299,000 +26.0% $1,134 / Sq Ft
06/07/2017 06/07/17 Sold $1,825,000 +7.4% $900 / Sq Ft
05/09/2017 05/09/17 Pending -- -- --
05/02/2017 05/02/17 For Sale $1,699,000 +20.5% $838 / Sq Ft
06/20/2014 06/20/14 Sold $1,410,000 +1.1% $695 / Sq Ft
05/15/2014 05/15/14 Pending -- -- --
05/02/2014 05/02/14 For Sale $1,395,000 -- $688 / 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 $32,253 $3,057,869 $2,446,296 $611,573
2024 $32,253 $2,750,000 $2,200,000 $550,000
2023 $30,559 $2,595,000 $2,076,000 $519,000
2022 $34,231 $2,881,500 $2,305,200 $576,300
2021 $23,668 $1,956,767 $1,393,862 $562,905
2020 $23,251 $1,936,704 $1,379,570 $557,134
2019 $22,936 $1,898,730 $1,352,520 $546,210
2018 $22,620 $1,861,500 $1,326,000 $535,500
2017 $18,587 $1,489,303 $1,013,994 $475,309
2016 $18,107 $1,460,102 $994,112 $465,990
2015 $18,009 $1,438,171 $979,180 $458,991
2014 $10,708 $819,326 $626,657 $192,669
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81844019

MLSListings

APN: 523-17-040