NOT LISTED FOR SALE

16508 Farvue Ln Los Gatos, CA 95030

West Los Gatos Neighborhood

Estimated Value: $3,183,000 - $3,680,000

2 Beds
2.5 Baths
2,464 Sq Ft
$1,370/Sq Ft Est. Value

Last Sold October 17, 2017

Last sale price $1,930,000 $783 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $20,571/month

23 Days on Market

Highlights

  • Primary Bedroom Suite
  • 1.01 Acre Lot
  • Secluded Lot
  • Daves Avenue Elementary School Rated A
  • Hilly Lot
  • Jetted Soaking Tub in Primary Bathroom

About This Home

As of October 2017

Spectacular views of the LG mountains and City lights! The romantic French-style estate offers a beautiful setting to enjoy serenity and privacy and only 10 minutes from downtown Los Gatos. This lovely property features 2,464 +/- sq ft of living space, 2 spacious bedrooms & 2.5 bathrooms on just over a 1 acre lot. A large bonus room w/ a second fireplace is upstairs & could easily be a third bedroom. The beautiful architecture will take your breath away! A commanding foyer opens to the large living room w/ handsome stone fireplace & features a wall of French doors showcasing the spectacular views! The formal dining room has ample space for large parties. A charming kitchen has ample cabinetry and good sized pantry. The 2 car garage has an office room added to the back. A wrap-around deck is perfect for star gazing! Enjoy the peaceful ambiance. This property awaits the discerning homebuyer who will have a wonderful opportunity to make this their dream home. Award winning LG schools!

Last Agent to Sell the Property

Amy McCafferty

Compass License #00967324 Listed on: 07/31/2017

Compass

Last Buyer's Agent

Heidi Herz

Compass License #01234067

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,166

Year Built

  • Built in 1972

Lot Details

  • 1.01 Acre Lot
  • Secluded Lot
  • Steep Slope
  • Hilly Lot
  • Zoning described as HS-D1

Parking

  • 2 Car Garage

Home Design

  • French Architecture
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,464 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • 2 Fireplaces
  • Gas Fireplace
  • Formal Dining Room
  • Den
  • Bonus Room
  • Gas Dryer Hookup
  • Property Views

Kitchen

  • Eat-In Kitchen
  • Built-In Double Oven
  • Gas Cooktop
  • Freezer
  • Dishwasher
  • Tile Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Bathroom on Main Level
  • Marble Bathroom Countertops
  • Jetted Soaking Tub in Primary Bathroom
  • Oversized Bathtub in Primary Bathroom
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Utilities

  • Heating System Uses Gas
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 510-37-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,166

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: French
  • Age: 45
  • Listing Class: Residential
  • Structure Sq Ft: 2464
  • Year Built: 1972
  • Zoning Description: HS-D1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Burning
  • Dining Room: Eat in Kitchen, Formal Dining Room
  • Kitchen: Cooktop - Gas, Countertop - Tile, Dishwasher, Freezer, Oven - Built-In, Oven - Double, Pantry, Refrigerator
  • Living Sq Ft: 2464
  • Stories: 2
  • Bedrooms: Primary Suite / Retreat, Walk-in Closet
  • Laundry: Electricity Hookup (110V), Gas Hookup
  • Flooring: Carpet, Hardwood, Tile
  • Additional Rooms: Bonus / Hobby Room, Den / Study / Office, Storage
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Half on Ground Floor, Marble, Primary - Oversized Tub, Primary - Stall Shower(s), Primary - Tub with Jets, Stall Shower - 2+, Tile
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

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

Utilities

  • Heating System: Gas
  • Sewer/Septic System: Septic Connected

Association/Amenities

  • Amenities Miscellaneous: Open Beam Ceiling, Walk-in Closet

Schools

  • School District: Los Gatos-Saratoga Joint Union High
  • Elementary School: Daves Avenue Elementary
  • Middle School: Raymond J. Fisher Middle
  • High School: Los Gatos High
  • High School: 262
  • Elementary School: 140
  • Middle School: 141

Lot Info

  • Lot Description: Grade - Hilly, Grade - Steep, Grade - Varies, Private / Secluded, Views
  • Parcel Number: 510-37-011
  • Lot Acres: 1.0124
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 44100.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 44100.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Los Gatos-Saratoga Joint Union High
  • Elementary School Text: Daves Avenue Elementary
  • High School Text: Los Gatos High
  • Middle School Text: Raymond J. Fisher Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 3, 2021
Sold by
Bhargava Living Trust
Bought by
Bhargava Living Trust
Current Estimated Value
$3,528,070

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,434,000
Interest Rate
2.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 27, 2018
Sold by
Bhargava Ravi and Bhargava Nutan
Bought by
Bhargava Nutan and Bhargava Ravi

Purchase Details

Listed on
Jul 31, 2017
Closed on
Oct 5, 2017
Sold by
Schoendorf Patrice D
Bought by
Bhargava Ravi and Bhargav Nutan
Seller's Agent
Amy McCafferty
Compass
Buyer's Agent
Heidi Herz
Compass
List Price
$2,000,000
Sold Price
$1,930,000
Premium/Discount to List
-$70,000
-3.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.92%
Original Mortgage
$1,000,000
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 9, 2010
Sold by
Schoendorf Walter and Schoendorf Dorothy
Bought by
Schoendorf Walter J and Schoendorf Dorothy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$729,750
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 5, 2003
Sold by
Schoendorf Walter J and Schoendorf Dorothy M
Bought by
Schoendorf Walter J and Schoendorf Dorothy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,025,000
Interest Rate
4.62%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 26, 2002
Sold by
Schoendorf Walter J and Schoendorf Dorothy M
Bought by
Schoendorf Walter J and Schoendorf Dorothy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,020,000
Interest Rate
5.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 27, 2000
Sold by
Schoendorf Walter J and Schoendorf Dorothy M
Bought by
Schoendorf Walter J and Schoendorf Dorothy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$980,000
Interest Rate
3.95%
Mortgage Type
Unknown
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
Bhargava Living Trust -- Rosenberg Pllc
Bhargava Nutan -- None Available
Bhargava Ravi $1,930,000 Orange Coast Title Co Norcal
Schoendorf Walter J -- Accommodation
Schoendorf Walter -- Fidelity National Title Co
Schoendorf Walter J -- --
Schoendorf Walter J -- Alliance Title Company
Schoendorf Walter J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bhargava Living Trust $400,000
Closed Bhargava Living Trust $400,000
Previous Owner Bhargava Ravi $1,438,000
Previous Owner Bhargava Living Trust $1,434,000
Previous Owner Bhargava Ravi $500,000
Previous Owner Bhargava Ravi $300,000
Previous Owner Bhargava Ravi $1,000,000
Previous Owner Schoendorf Walter J $735,000
Previous Owner Schoendorf Walter J $729,750
Previous Owner Schoendorf Walter J $350,000
Previous Owner Schoendorf Walter $729,750
Previous Owner Schoendorf Walter J $1,030,000
Previous Owner Schoendorf Walter J $1,025,000
Previous Owner Schoendorf Walter J $1,020,000
Previous Owner Schoendorf Walter J $980,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2017 10/17/17 Sold $1,930,000 -3.5% $783 / Sq Ft
08/24/2017 08/24/17 Pending -- -- --
07/31/2017 07/31/17 For Sale $2,000,000 -- $812 / 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 $16,166 $1,409,400 $524,431 $884,969
2024 $16,166 $1,381,766 $514,149 $867,617
2023 $15,846 $1,354,673 $504,068 $850,605
2022 $15,742 $1,328,112 $494,185 $833,927
2021 $15,488 $1,302,072 $484,496 $817,576
2020 $12,891 $1,084,722 $479,529 $605,193
2019 $12,734 $1,063,454 $470,127 $593,327
2018 $12,653 $1,042,603 $460,909 $581,694
2017 $2,490 $177,523 $54,918 $122,605
2016 $2,426 $174,043 $53,842 $120,201
2015 $2,413 $171,430 $53,034 $118,396
2014 $2,386 $168,073 $51,996 $116,077
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2017

    Amy McCafferty

    Compass

    Section Image

  • H

    Buyer's Agent in 2017

    Heidi Herz

    Compass

    Section Image
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Map

Source: MLSListings

MLS Number: ML81672139

MLSListings

APN: 510-37-011

California Santa Clara County Los Gatos 95030 West Los Gatos

16508 Farvue Ln, Los Gatos, CA

This home is located at 16508 Farvue Ln, Los Gatos, CA 95030 since 31 July 2017 and is currently estimated at $3,376,575, approximately $1,370 per square foot. This property was built in 1972. 16508 Farvue Ln is a home located in Santa Clara County with nearby schools including Daves Avenue Elementary School, Loma Prieta Elementary School, and Raymond J. Fisher Middle School.

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