NOT LISTED FOR SALE

Estimated Value: $2,473,000 - $3,198,000

3 Beds
2 Baths
2,268 Sq Ft
$1,206/Sq Ft Est. Value

Last Sold February 11, 2020

Last sale price $1,750,000 $772 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $16,318/month

Highlights

  • 0.95 Acre Lot
  • View of Hills
  • Fireplace
  • Daves Avenue Elementary School Rated A
  • Formal Dining Room
  • 2 Car Attached Garage

About This Home

As of March 2020

This home is located at 16524 Farvue Ln, Los Gatos, CA 95030 since 15 February 2020 and is currently priced at $2,735,283. This property was built in 1977. 16524 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.

Last Agent to Rent the Property

Ali Nikfarjam

Intero Real Estate Services License #01955177 Listed on: 02/15/2020

Intero Real Estate Services

Last Renter's Agent

Ali Nikfarjam

Intero Real Estate Services License #01955177 Listed on: 02/15/2020

Intero Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,788

Year Built

  • 1977

Lot Details

  • 0.95 Acre Lot
  • Back Yard

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 2,268 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Separate Family Room
  • Formal Dining Room
  • Views of Hills
  • Washer and Dryer

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Security Deposit $6,700
  • Property Available on 2/26/20
  • Rent includes gardener
  • 12-Month Lease Term

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,788

Year Built

1977

Lot Details

0

Parking

2

Rental Info

  • Available: 02/26/2020
  • Lease Terms: Credit Report Required
  • Maximum Lease Months: 12
  • Minimum Lease Months: 12
  • Rent Includes: Gardener
  • Security Deposit: 6700

Listing Details

  • Subclass: House For Rent
  • Restrictions: Pets - Allowed
  • Age: 43
  • Listing Class: Residential Lease/Rental
  • Structure Sq Ft: 2268
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1977

Interior Features

  • Family Room: Separate Family Room
  • Dining Room: Formal Dining Room
  • Kitchen: Cooktop - Electric, Dishwasher, Freezer, Microwave, Oven - Electric, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 2268
  • Stories: 1
  • Laundry: Washer / Dryer
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • View: Hills
  • Yard/Grounds: Back Yard

Garage/Parking

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

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air

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 Acres: 0.9500
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 41382.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 41382.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 24, 2022
Sold by
Bastani and Sima
Bought by
Bastani Yaser
Current Estimated Value
$2,735,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,320,000
Outstanding Balance
$1,254,109
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$1,481,174

Purchase Details

Listed on
Feb 15, 2020
Closed on
Jan 28, 2020
Sold by
Sisich Richard and Sanders Phillip A
Bought by
Bastani Yaser and Didari Sima
Seller's Agent
Ali Nikfarjam
Intero Real Estate Services
Buyer's Agent
Ali Nikfarjam
Intero Real Estate Services
Sold Price
$6,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.24%
Original Mortgage
$1,400,000
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2013
Sold by
Krause Lorraine M
Bought by
Krause Lorraine M
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
Bastani Yaser -- Old Republic Title
Bastani Yaser $1,750,000 Lawyers Title Company
Krause Lorraine M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bastani Yaser $1,320,000
Previous Owner Bastani Yaser $1,400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2020 03/10/20 Rented $6,000 -7.7% --
03/09/2020 03/09/20 Under Contract -- -- --
02/15/2020 02/15/20 For Rent $6,500 0.0% --
02/11/2020 02/11/20 Sold $1,750,000 -7.8% $772 / Sq Ft
01/19/2020 01/19/20 Pending -- -- --
11/06/2019 11/06/19 For Sale $1,898,000 -- $837 / 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 $21,788 $1,913,875 $1,438,141 $475,734
2024 $21,788 $1,876,349 $1,409,943 $466,406
2023 $21,386 $1,839,559 $1,382,298 $457,261
2022 $21,246 $1,803,491 $1,355,195 $448,296
2021 $20,918 $1,768,130 $1,465,022 $303,108
2020 $3,340 $248,598 $57,009 $191,589
2019 $3,307 $243,725 $55,892 $187,833
2018 $3,268 $238,947 $54,797 $184,150
2017 $3,264 $234,263 $53,723 $180,540
2016 $3,183 $229,670 $52,670 $177,000
2015 $3,170 $226,221 $51,879 $174,342
2014 $3,134 $221,790 $50,863 $170,927
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81782857

MLSListings

APN: 510-37-004