NOT LISTED FOR SALE

16635 Marchmont Dr Los Gatos, CA 95032

East Los Gatos Neighborhood

Estimated Value: $3,193,000 - $5,649,000

3 Beds
1 Bath
1,089 Sq Ft
$4,535/Sq Ft Est. Value

Last Sold November 09, 2021

Last sale price $2,700,000 $2,479 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $28,945/month

1 Day on Market

Highlights

  • Private Lot
  • No HOA
  • Garden
  • Blossom Hill Elementary School Rated A
  • Converted Garage
  • Outdoor Storage

About This Home

As of November 2021

Incredible opportunity to build or expand your dream home. Amazing location! One of the most desirable streets in LG surrounded by luxury Estate homes! Close to top rated Los Gatos schools, Downtown Los Gatos, Worcester Park, Vasona Park and many shops and restaurants. This is a rare opportunity! This single-story home has a separate living room, Bright kitchen, 2 bedrooms with a the 3rd bedroom garage conversion. Gigantic backyard ready to build on! Close to Los Gatos Boulevard, Highway 17/880 and Highway 85.

Last Agent to Sell the Property

Albert Garibaldi

The Agency License #01321299 Listed on: 10/07/2021

The Agency

Last Buyer's Agent

Andy Sweat

KW Bay Area Estates License #01974462

KW Bay Area Estates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,591

Year Built

  • Built in 1947

Lot Details

  • 10,275 Sq Ft Lot
  • Fenced
  • Landscaped
  • Private Lot
  • Garden
  • Back and Front Yard

Interior Spaces

  • 1-Story Property
  • Family Room with Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • No Garage
  • Converted Garage
  • Parking Lot

Outdoor Features

  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • 220 Volts in Kitchen

Community Details

  • No Home Owners Association
  • Bay East Association

Listing and Financial Details

  • Assessor Parcel Number 53209040

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,591

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Stories: 1
  • Year Built: 1947
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.24
  • Subdivision Name: Not Listed
  • Directions: Kennedy to Englewood to Marchmont
  • Architectural Style: Other
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One Story
  • New Construction: No
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Owner
  • Special Features: None

Interior Features

  • Flooring: Other
  • Other Equipment: Other
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Family Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Room Kitchen Features: 220 Volt Outlet

Exterior Features

  • Fencing: Fenced
  • Lot Features: Level, Premium Lot, Front Yard, Landscape Front, Private
  • Pool Features: None
  • Pool Private: No
  • Construction Type: Other
  • Exterior Features: Back Yard, Front Yard, Garden/Play, Side Yard, Storage, Landscape Back, Landscape Front, Private Entrance
  • Property Condition: Existing

Garage/Parking

  • Attached Garage: No
  • Parking Features: Converted Garage, Parking Lot, No Garage

Utilities

  • Heating: Central
  • Cooling: Central Air
  • Laundry Features: Other
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: No Solar, 220 Volts in Kitchen
  • Electricity On Property: Yes

Condo/Co-op/Association

  • Association Name: BAY EAST
  • Association: No

Lot Info

  • Lot Size Sq Ft: 10275
  • Parcel Number: 53209040
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2021
Closed on
Oct 29, 2021
Sold by
Los Gatos Custom Home Development Llc
Bought by
Kullar Raj and Kullar Jasneet
Seller's Agent
Albert Garibaldi
The Agency
Buyer's Agent
Andy Sweat
KW Bay Area Estates
List Price
$2,699,950
Sold Price
$2,700,000
Premium/Discount to List
$50
0.002%
Current Estimated Value
$4,938,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,238,710
Avg. Annual Appreciation
16.43%
Original Mortgage
$2,025,000
Outstanding Balance
$1,852,710
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$3,086,000

Purchase Details

Closed on
Jul 1, 2021
Sold by
Roberti Jeannette M
Bought by
Los Gatos Custom Home Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 17, 2015
Sold by
Roberti Jeannette M
Bought by
Roberti Jeannette M

Purchase Details

Closed on
Sep 20, 2006
Sold by
Grenzer Albert F
Bought by
Grenzer Albert F
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
Kullar Raj $2,700,000 Orange Coast Ttl Co Of Nocal
Los Gatos Custom Home Development Llc $1,800,000 Orange Coast Ttl Co Of Nocal
Roberti Jeannette M -- None Available
Grenzer Albert F -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kullar Raj $2,025,000
Previous Owner Los Gatos Custom Home Development Llc $2,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2025 02/04/25 Off Market $2,700,000 -- --
11/09/2021 11/09/21 Sold $2,700,000 0.0% $2,479 / Sq Ft
10/08/2021 10/08/21 Pending -- -- --
10/07/2021 10/07/21 For Sale $2,699,950 -- $2,479 / Sq Ft
Source: Bay East Association of REALTORS®

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 $35,591 $5,412,201 $2,812,201 $2,600,000
2024 $35,591 $3,108,060 $2,757,060 $351,000
2023 $31,669 $2,754,000 $2,703,000 $51,000
2022 $32,149 $2,700,000 $2,650,000 $50,000
2021 $1,811 $59,062 $27,079 $31,983
2020 $1,760 $58,458 $26,802 $31,656
2019 $1,736 $57,313 $26,277 $31,036
2018 $1,693 $56,190 $25,762 $30,428
2017 $1,661 $55,089 $25,257 $29,832
2016 $1,588 $54,010 $24,762 $29,248
2015 $1,542 $53,200 $24,391 $28,809
2014 $1,494 $52,159 $23,914 $28,245
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Albert Garibaldi

    The Agency

    (424) 230-3700

    1 in this area

    25 Total Sales

    Albert Garibaldi
    Section Image
  • Andy Sweat

    Buyer's Agent in 2021

    Andy Sweat

    KW Bay Area Estates

    (408) 802-3540

    2 in this area

    148 Total Sales

    Andy Sweat
    Section Image
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Map

Source: Bay East Association of REALTORS®

MLS Number: 40969995

Bay East Association of REALTORS®

APN: 532-09-040

California Santa Clara County Los Gatos 95032 East Los Gatos

16635 Marchmont Dr, Los Gatos, CA

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