NOT LISTED FOR SALE

16665 Topping Way Los Gatos, CA 95032

East Los Gatos Neighborhood

Estimated Value: $4,247,000 - $5,036,000

4 Beds
3 Baths
3,955 Sq Ft
$1,191/Sq Ft Est. Value

Last Sold June 20, 2022

Last sale price $4,420,000 $1,118 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $30,095/month

9 Days on Market

Highlights

  • Wine Cellar
  • Primary Bedroom Suite
  • Vaulted Ceiling
  • Blossom Hill Elementary School Rated A
  • View of Hills
  • Wood Flooring

About This Home

As of June 2022

Extensively remodeled in 2009, this elegant custom-built home aligning Mediterranean architecture with contemporary flair. Located in one of Los Gatos' premiere neighborhoods known for large lots, views of the foothills, close to school & proximity to downtown. The grand foyer has soaring ceilings, a custom curved staircase, and dramatic chandelier. The living room features a gas fireplace with stone mantel, exposed solid wood beams, and separate formal dining room for elegant affairs. A downstairs suite, oversized primary upstairs, plus two additional bedrooms offer plenty of room to retreat. The kitchen features double islands, custom-built alder cabinetry, granite countertops, and professional appliances. The large family room is equipped with surround sound and an abundance of windows creating seamless flow to the outdoors. Enjoy bocce ball in the expansive 13,974 sqft yard. The additional detached studio is perfect for a home office, workout room or convert to an ADU.

Last Agent to Sell the Property

Denise Carr

Compass License #01329583 Listed on: 05/10/2022

Compass

Last Buyer's Agent

Brad Le

Elevate Group License #01378770

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $53,060

Year Built

  • 1948

Lot Details

  • 0.32

Parking

  • 2 Car Garage
  • Workshop in Garage

Home Design

  • Mediterranean Architecture
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,955 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Mud Room
  • Formal Entry
  • Wine Cellar
  • Great Room
  • Separate Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Views of Hills
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Dishwasher
  • Wine Refrigerator
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Travertine

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Granite Bathroom Countertops
  • Dual Sinks
  • Bathtub with Shower
  • Walk-in Shower

Additional Features

  • 0.32 Acre Lot
  • Forced Air Heating and Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$53,060

Year Built

1948

Lot Details

0

Parking

2

Listing Details

  • Zoning: R1-8
  • Subclass: Single Family Home
  • Style: Mediterranean
  • Age: 74
  • Listing Class: Residential
  • Structure Sq Ft: 3955
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1948

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room
  • Dining Room: Formal Dining Room
  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Garbage Disposal, Oven Range - Gas, Pantry, Wine Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 3955
  • Stories: 2
  • Bedrooms: Primary Suite / Retreat, Walk-In Closet
  • Laundry: In Utility Room, Inside
  • Flooring: Hardwood, Travertine
  • Additional Rooms: Formal Entry, Great Room, Laundry Room, Mud Room, Wine Cellar / Storage
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Full On Ground Floor, Granite, Primary - Stall Shower(s), Shower Over Tub - 1, Stall Shower - 2+, Tub In Primary Bedroom

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • View: Hills

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Workshop In Garage

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Vaulted Ceiling

Schools

  • School District: Los Gatos-Saratoga Joint Union High
  • Elementary School: Blossom Hill Elementary
  • Middle School: Raymond J. Fisher Middle
  • High School: Los Gatos High
  • High School: 262
  • Elementary School: 139
  • Middle School: 141

Lot Info

  • Lot Acres: 0.3208
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 13974.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 13974.00

Multi Family

  • Utilities: Public Utilities
  • Second Unit Description: Studio/office

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 19, 2017
Sold by
Malmsheimer Karl A and Malmsheimer Kristine O
Bought by
Malmsheimer Karl A and Malmsheimer Kristine O
Current Estimated Value
$4,711,868

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$636,150
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 2011
Sold by
Malmsheimer Karl A and Malmsheimer Kristine O
Bought by
Malmsheimer Karl A and Malmsheimer Kristine O

Purchase Details

Closed on
Nov 30, 2009
Sold by
Malmsheimer Karl and Malmsheimer Kristine O
Bought by
Malmsheimer Karl A and Malmsheimer Kristine O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
5.01%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 25, 2006
Sold by
Herring Carol J
Bought by
Malmsheimer Karl and Malmsheimer Kristine O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.56%
Mortgage Type
Credit Line Revolving
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
Malmsheimer Karl A -- None Available
Malmsheimer Kari A -- None Available
Malmsheimer Karl A -- None Available
Malmsheimer Karl A -- Chicago Title Company
Malmsheimer Karl $1,100,000 Stewart Title Of Ca Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malmsheimer Karl A $599,000
Closed Malmsheimer Karl A $636,150
Closed Malmsheimer Karl A $943,750
Closed Malmsheimer Karl A $944,000
Closed Malmsheimer Karl A $230,000
Closed Malmsheimer Karl A $729,750
Closed Malmsheimer Karl $110,000
Closed Malmsheimer Karl $880,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2022 06/20/22 Sold $4,420,000 +2.8% $1,118 / Sq Ft
05/20/2022 05/20/22 Pending -- -- --
05/10/2022 05/10/22 For Sale $4,298,000 -- $1,087 / 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 $53,060 $4,490,000 $3,352,200 $1,137,800
2024 $53,060 $4,598,568 $3,433,320 $1,165,248
2023 $50,979 $4,508,400 $3,366,000 $1,142,400
2022 $27,592 $2,309,168 $1,352,147 $957,021
2021 $27,149 $2,263,891 $1,325,635 $938,256
2020 $26,673 $2,240,679 $1,312,043 $928,636
2019 $26,381 $2,196,745 $1,286,317 $910,428
2018 $26,021 $2,153,673 $1,261,096 $892,577
2017 $25,966 $2,111,445 $1,236,369 $875,076
2016 $25,309 $2,070,045 $1,212,127 $857,918
2015 $25,165 $2,038,952 $1,193,920 $845,032
2014 $24,793 $2,115,978 $1,170,533 $945,445
Source: Public Records

Agents Affiliated with this Home

  • Denise Carr

    Seller's Agent in 2022

    Denise Carr

    Compass

    (408) 839-6323

    10 in this area

    61 Total Sales

    Denise Carr
    Section Image
  • Brad Le

    Buyer's Agent in 2022

    Brad Le

    Elevate Group

    (408) 270-1945

    3 in this area

    127 Total Sales

    Brad Le
    Section Image
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Map

Source: MLSListings

MLS Number: ML81890882

MLSListings

APN: 532-09-012

California Santa Clara County Los Gatos 95032 East Los Gatos

16665 Topping Way, Los Gatos, CA

This home is located at 16665 Topping Way, Los Gatos, CA 95032 since 10 May 2022 and is currently estimated at $4,711,868, approximately $1,191 per square foot. This property was built in 1948. 16665 Topping Way is a home located in Santa Clara County with nearby schools including Blossom Hill Elementary School, Loma Prieta Elementary School, and Raymond J. Fisher Middle School.

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