NOT LISTED FOR SALE

Estimated Value: $3,650,000 - $4,356,028

4 Beds
4 Baths
3,312 Sq Ft
$1,216/Sq Ft Est. Value

Last Sold April 23, 2024

Last sale price $3,768,000 $1,138 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $24,692/month

4 Days on Market

Highlights

  • In Ground Spa
  • Primary Bedroom Suite
  • Mountain View
  • Louise Van Meter Elementary School Rated A
  • 0.91 Acre Lot
  • Fireplace in Primary Bedroom

About This Home

As of April 2024

A short distance downtown Los Gatos, yet seemingly miles away. A magnificent property with awe-inspiring views across the Valley and out to the Bay with San Francisco and the East Bay in the distance. The two-story design maximizes the views with large windows on both levels. Inside, you'll find elegant interiors with hardwood floors, a crystal chandelier, and cozy fireplaces. The granite kitchen includes a breakfast area and high-quality appliances. The home also boasts a lower level recreation room. With 4 bedrooms and 4 full baths, including a luxurious primary suite with a fireplace, private deck, and outdoor spa, this residence offers luxurious living. Set on nearly 1 acre, the property provides ample outdoor space for entertainment, gardening, and relaxation.

Last Agent to Sell the Property

Ben Jiang

Goodview Financial & Real Estate License #01200662 Listed on: 04/05/2024

Goodview Financial & Real Estate

Co-Listed By

Calvin Lin

Goodview Financial & Real Estate License #02118582

Last Buyer's Agent

Natasha Barringer

Christie's International Real Estate Sereno License #01325176

Christie's International Real Estate Sereno

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,754

Year Built

  • Built in 1970

Lot Details

  • 0.91 Acre Lot
  • Secluded Lot
  • Sloped Lot
  • Zoning described as R1E-2

Parking

  • 3 Car Garage
  • Off-Site Parking

Property Views

  • Mountain
  • Valley

Home Design

  • Traditional Architecture
  • Pillar, Post or Pier Foundation
  • Slab Foundation
  • Wood Frame Construction

Interior Spaces

  • 3,312 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Mud Room
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Utility Room
  • Crawl Space

Kitchen

  • Breakfast Area or Nook
  • Built-In Self-Cleaning Double Oven
  • Gas Cooktop
  • Microwave
  • Ice Maker
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • 4 Full Bathrooms
  • Marble Bathroom Countertops
  • Granite Bathroom Countertops
  • Dual Sinks
  • Soaking Tub in Primary Bathroom
  • Oversized Bathtub in Primary Bathroom
  • Walk-in Shower

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Home Security

  • Security Gate
  • Alarm System

Pool

  • In Ground Spa
  • Private Pool
  • Gunite Spa

Farming

  • Fenced For Horses

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Heating System Uses Gas
  • Master Meter
  • 220 Volts
  • Power Generator
  • Septic Tank
  • High Speed Internet
  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number 532-26-036

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,754

Year Built

Built in 1970

Lot Details

0

Parking

3

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch, Traditional
  • Age: 54
  • Listing Class: Residential
  • Structure Sq Ft: 3312
  • Year Built: 1970
  • Zoning Description: R1E-2
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Gas Log, Gas Starter, Living Room, Primary Bedroom, Wood Burning
  • Dining Room: Formal Dining Room, Breakfast Nook
  • Kitchen: 220 Volt Outlet, Countertop - Granite, Ice Maker, Cooktop - Gas, Garbage Disposal, Microwave, Oven - Built-In, Oven - Double, Oven - Self Cleaning
  • Living Sq Ft: 3312
  • Stories: 1
  • Security: Security Alarm
  • Bedrooms: Primary Suite / Retreat, Walk-in Closet
  • Laundry: Gas Hookup, Electricity Hookup (220V)
  • Flooring: Tile, Hardwood
  • Additional Rooms: Storage, Utility Room, Laundry Room, Mud Room
  • Fireplaces Min: 3
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Granite, Marble, Stall Shower, Primary - Oversized Tub, Primary - Stall Shower(s)
  • Fireplace: Yes

Exterior Features

  • Foundation: Post and Pier, Concrete Slab, Crawl Space
  • Pool Description: Spa / Hot Tub, Spa - In Ground, Spa - Gas, Spa - Gunite
  • Roof: Concrete
  • View: Mountains, Valley
  • Pool: Yes
  • Fencing: Horse Fencing
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 3
  • Parking Spaces: 4
  • Garage Max: 3
  • Garage Min: 3
  • Garage Parking Features: Attached Garage, Off-Site Parking

Utilities

  • Cooling System: Central AC, Multi-Zone
  • Heating System: Forced Air, Gas, Central Forced Air - Gas
  • Sewer/Septic System: Septic Connected

Association/Amenities

  • Amenities Miscellaneous: Walk-in Closet, High Ceiling, Security Gate

Schools

  • School District: Los Gatos-Saratoga Joint Union High

Lot Info

  • Lot Description: Views, Private / Secluded, Grade - Side Slope
  • Parcel Number: 532-26-036
  • Lot Acres: 0.9100
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 39640.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 39640.00
  • Soil: Unknown

Multi Family

  • Utilities: Generator, Master Meter, Public Utilities, Diesel, Natural Gas

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2024
Closed on
Apr 18, 2024
Sold by
Wang Yadong and Zhu Ying
Bought by
Srinivas Vikram and Dsouza Luna Sapna
Seller's Agent
Ben Jiang
Goodview Financial & Real Estate
Buyer's Agent
Natasha Barringer
Christie's International Real Estate Sereno
List Price
$3,498,000
Sold Price
$3,768,000
Premium/Discount to List
$270,000
7.72%
Views
26
Current Estimated Value
$3,950,290

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,290
Avg. Annual Appreciation
5.29%
Original Mortgage
$2,260,800
Outstanding Balance
$2,231,167
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$1,795,840

Purchase Details

Closed on
Jan 13, 2021
Sold by
Rice Family Los Gatos Llc
Bought by
Wang Yadong and Zhu Ying

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,260,000
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 21, 2018
Sold by
Rice Stephen Manfred
Bought by
Rice Family Los Gatos Llc

Purchase Details

Closed on
Jul 2, 2018
Sold by
Rice Stephen Manfred and Manfred Rice
Bought by
Rice Stephen Manfred

Purchase Details

Closed on
May 19, 2016
Sold by
Rice Manfred
Bought by
Rice Stephen Manfred

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,750,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 12, 2013
Sold by
Rice Manfred and Rice Claire Lincoln
Bought by
Rice Manfred and Rice Claire Lincoln

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 1997
Sold by
Manfred Rice and Manfred Claire L
Bought by
Rice Manfred and Rice Claire Lincoln

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.56%

Purchase Details

Closed on
Oct 17, 1996
Sold by
Manfred Rice and Manfred Claire L
Bought by
Rice Manfred and Rice Claire Lincoln

Purchase Details

Closed on
Dec 26, 1995
Sold by
Rice Manfred and Rice Claire Lincoln
Bought by
Rice Manfred and Rice Claire Lincoln

Purchase Details

Closed on
Jun 1, 1995
Sold by
Rice Claire Lincoln
Bought by
Rice Claire Lincoln
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
Srinivas Vikram $3,768,000 First American Title
Wang Yadong $3,025,000 Chicago Title Company
Rice Family Los Gatos Llc -- None Available
Rice Stephen Manfred -- None Available
Rice Stephen Manfred -- Accommodation
Rice Manfred -- Fidelity National Title Co
Rice Manfred -- North American Title Company
Rice Manfred -- Fidelity National Title Co
Rice Manfred -- --
Rice Manfred -- --
Rice Claire Lincoln -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Srinivas Vikram $2,260,800
Previous Owner Wang Yadong $800,000
Previous Owner Wang Yadong $2,260,000
Previous Owner Rice Manfred $1,750,000
Previous Owner Rice Manfred $320,000
Previous Owner Rice Manfred $1,439,700
Previous Owner Rice Manfred $1,240,000
Previous Owner Rice Manfred $500,000
Previous Owner Rice Manfred $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2024 04/23/24 Sold $3,768,000 +7.7% $1,138 / Sq Ft
04/09/2024 04/09/24 Pending -- -- --
04/05/2024 04/05/24 For Sale $3,498,000 -- $1,056 / 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
2024 $36,754 $3,210,153 $2,568,123 $642,030
2023 $36,129 $3,147,210 $2,517,768 $629,442
2022 $35,884 $3,085,500 $2,468,400 $617,100
2021 $2,957 $213,387 $56,531 $156,856
2020 $2,911 $211,200 $55,952 $155,248
2019 $2,883 $207,059 $54,855 $152,204
2018 $2,850 $203,000 $53,780 $149,220
2017 $2,845 $199,021 $52,726 $146,295
2016 $2,693 $195,120 $51,693 $143,427
2015 $2,680 $192,190 $50,917 $141,273
2014 $2,650 $188,426 $49,920 $138,506
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81958129

MLSListings

APN: 532-26-036