$1,500,000
SOLD JAN 30, 2019
3 Beds
2 Baths
1,884 Sq Ft
0.38 Acres

Recently Sold

$796 Per Sq Ft

12% Below List Price

86 Days on Market

Highlights

  • Wood Flooring
  • Combination Dining and Living Room
  • Gas Log Fireplace
  • Louise Van Meter Elementary School Rated A
  • 1-Story Property

About This Home

As of February 2021

Just minutes from downtown Los Gatos and its amenities, this midcentury classic offers hillside seclusion amongst the trees and great views of the surrounding hills and town below. Los Gatos Schools are also in close proximity. This property is being sold concurrently with 16890 Cypress Way. These properties may be purchased together or separately. The current owners considered rehabbing these properties prior to sale but, as they live out of the area, decided not to. The new owners may have the opportunity for instant equity once the repairs are complete. Or check with Town of Los Gatos, and possibly build your dream home(s) here. Inspection reports, contractors estimates, and appraisals are available.

Last Agent to Sell the Property

Robert Blanton

Access Financial & Real Estate License #01402515 Listed on: 06/25/2018

Last Buyer's Agent

Jeffrey Crittenden

KW Bay Area Estates License #01372464

KW Bay Area Estates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $38,847

Year Built

  • Built in 1962

Lot Details

  • 0.38 Acre Lot
  • Zoning described as R110

Parking

  • 2 Car Garage
  • Uncovered Parking

Home Design

  • Raised Foundation
  • Shingle Roof

Interior Spaces

  • 1,884 Sq Ft Home
  • 1-Story Property
  • Gas Log Fireplace
  • Combination Dining and Living Room

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 532-23-073

Home Details

Home Type

Single Family

Est. Annual Taxes

$38,847

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 56
  • Listing Class: Residential
  • Structure Sq Ft: 1884
  • Incorporated: Yes
  • Year Built: 1962
  • Zoning Description: R110
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Log
  • Dining Room: Dining Area in Living Room
  • Living Sq Ft: 1884
  • Stories: 1
  • Flooring: Carpet, Wood
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Raised
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: Los Gatos-Saratoga Joint Union High
  • High School: Los Gatos High
  • High School: 262

Lot Info

  • Parcel Number: 532-23-073
  • Lot Acres: 0.3768
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 16412.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 16412.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 29, 2020
Closed on
Jan 29, 2021
Sold by
Bohaty Ventures Llc
Bought by
Chandrasekhar Vishak and Ramkumar Divya
Seller's Agent
Romy Grau
KW Bay Area Estates
Buyer's Agent
Perez & Ruth Mistry
Coldwell Banker Realty
List Price
$3,150,000
Sold Price
$3,150,000
Total Days on Market
86
Current Estimated Value
$3,684,886

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$534,886
Avg. Annual Appreciation
3.57%
Original Mortgage
$2,400,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 25, 2018
Closed on
Jan 30, 2019
Sold by
Macleod Llewellyn Mary and Llewellyn Thomas H
Bought by
Bohaty Ventures Llc
Seller's Agent
Robert Blanton
Access Financial & Real Estate
Buyer's Agent
Jeffrey Crittenden
KW Bay Area Estates
List Price
$1,698,000
Sold Price
$1,500,000
Premium/Discount to List
-$198,000
-11.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
44.65%
Original Mortgage
$225,000
Interest Rate
4.5%
Mortgage Type
Commercial
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $3,150,000 Chicago Title Company
Grant Deed $1,500,000 Calatlantic Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,385,500 New Conventional
Closed $2,400,000 New Conventional
Previous Owner $350,000 Commercial
Previous Owner $450,000 Commercial
Previous Owner $135,000 Commercial
Previous Owner $1,715,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $225,000 Commercial
Previous Owner $1,350,000 Purchase Money Mortgage
Previous Owner $150,000 Unknown
Previous Owner $250,000 Credit Line Revolving
Previous Owner $100,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2021 02/02/21 Sold $3,150,000 0.0% $1,125 / Sq Ft
01/03/2021 01/03/21 Pending -- -- --
12/29/2020 12/29/20 For Sale $3,150,000 +110.0% $1,125 / Sq Ft
01/30/2019 01/30/19 Sold $1,500,000 -11.7% $796 / Sq Ft
12/18/2018 12/18/18 For Sale $1,698,000 0.0% $901 / Sq Ft
12/17/2018 12/17/18 Pending -- -- --
12/11/2018 12/11/18 Pending -- -- --
12/11/2018 12/11/18 For Sale $1,698,000 0.0% $901 / Sq Ft
12/07/2018 12/07/18 Pending -- -- --
09/22/2018 09/22/18 For Sale $1,698,000 +13.2% $901 / Sq Ft
06/25/2018 06/25/18 Off Market $1,500,000 -- --
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 $38,847 $3,342,804 $2,971,382 $371,422
2023 $38,201 $3,277,260 $2,913,120 $364,140
2022 $37,947 $3,213,000 $2,856,000 $357,000
2021 $18,952 $1,545,850 $1,365,501 $180,349
2020 $18,614 $1,530,000 $1,351,500 $178,500
2019 $22,959 $1,898,730 $1,508,580 $390,150
2018 $22,644 $1,861,500 $1,479,000 $382,500
2017 $2,184 $107,454 $30,636 $76,818
2016 $2,097 $105,348 $30,036 $75,312
2015 $2,047 $103,766 $29,585 $74,181
2014 $1,991 $101,734 $29,006 $72,728
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81707241

MLSListings

APN: 532-23-073