G
Seller's Agent in 2017
George Montanari
Compass
17094 Summit Way Los Gatos, CA 95030
West Los Gatos NeighborhoodEstimated Value: $3,504,000 - $4,606,617
4
Beds
3.5
Baths
3,174
Sq Ft
$1,241/Sq Ft
Est. Value
Highlights
- Panoramic View
- 0.66 Acre Lot
- Wood Flooring
- Daves Avenue Elementary School Rated A
- Deck
- 5-minute walk to Creekside Turf Sports Park
About This Home
As of March 2017BEST OF ALL WORLDS !! LOCATION AND VIEWS!! Close to downtown, LG creek trail, Vasona Park, and unbelievable access to Hwy 85 & 17 Situated on over a half acre, this home offers expansive views of Silicon Valley, in addition to the convenience of a stroll for some or a short drive from cafes, restaurants and shops only a block away. Elegantly designed and substantially remodeled. Enter the grand foyer, the wall of windows in the living room overlooking the valley with city light and mountain views. Extensive use of windows provides soft,natural light throughout the home.Gourmet kitchen features custom cabinets, granite counter,high end appliances including gas stove top, double oven, breakfast bar and large skylight above.Formal dining area with stunning picture window. 4 generous bedrooms,each room offers a magical view and a home office.The master, separately located has two large walk-in closet and has French doors opening to the private deck, overlooking the valley and mountains.
Last Agent to Sell the Property
George Montanari
Compass License #00780027 Listed on: 01/23/2017
Last Buyer's Agent
Lynne Bucher
David Lyng Real Estate License #00615504
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $33,767
Year Built
- Built in 1950
Lot Details
- 0.66 Acre Lot
- Partially Fenced Property
- Zoning described as R120
Parking
- 2 Car Attached Garage
- Guest Parking
- Off-Site Parking
Property Views
- Panoramic
- Downtown
- Mountain
- Hills
- Valley
Home Design
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 3,174 Sq Ft Home
- 2-Story Property
- High Ceiling
- Whole House Fan
- Skylights in Kitchen
- 2 Fireplaces
- Wood Burning Fireplace
- Gas Fireplace
- Double Pane Windows
- Formal Entry
- Separate Family Room
- Formal Dining Room
- Bonus Room
- Storage Room
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Built-In Oven
- Gas Cooktop
- Dishwasher
- Granite Countertops
- Trash Compactor
- Disposal
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
- Bidet
- Dual Sinks
- Bathtub with Shower
- Walk-in Shower
Laundry
- Laundry Room
- Washer and Dryer Hookup
Outdoor Features
- Balcony
- Deck
Utilities
- Forced Air Zoned Cooling and Heating System
- Vented Exhaust Fan
Listing and Financial Details
- Assessor Parcel Number 424-30-037
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 23, 2017
Closed on
Mar 7, 2017
Sold by
Cross Glenn S and Cross Joan Y
Bought by
Clarke Jeffrey E and Clarke Einat S
Seller's Agent
George Montanari
Compass
Buyer's Agent
Lynne Bucher
David Lyng Real Estate
List Price
$2,645,000
Sold Price
$2,535,000
Premium/Discount to List
-$110,000
-4.16%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,550,549
Avg. Annual Appreciation
5.22%
Original Mortgage
$1,999,999
Outstanding Balance
$1,618,226
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,319,178
Purchase Details
Closed on
Apr 14, 1998
Sold by
Cross Glenn S and Cross Joan Y
Bought by
Cross Glenn S and Cross Joan Y
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
7.15%
Purchase Details
Closed on
Oct 26, 1995
Sold by
Cross Glenn S and Cross Joan Y
Bought by
Cross Glenn S and Cross Joan Y
Purchase Details
Closed on
Mar 3, 1994
Sold by
Derendinger A Francois and Derendinger Birgit S
Bought by
Cross Glenn S and Cross Joan Y
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
7%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Clarke Jeffrey E | $2,535,000 | Old Republic Title Company | |
| Cross Glenn S | -- | North American Title Co | |
| Cross Glenn S | -- | North American Title Co | |
| Cross Glenn S | -- | Stewart Title | |
| Cross Glenn S | $575,000 | Stewart Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Clarke Jeffrey E | $1,999,999 | |
| Previous Owner | Cross Glenn S | $70,000 | |
| Previous Owner | Cross Glenn S | $450,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/16/2017 03/16/17 | Sold | $2,535,000 | -4.2% | $799 / Sq Ft |
| 02/15/2017 02/15/17 | Pending | -- | -- | -- |
| 01/23/2017 01/23/17 | For Sale | $2,645,000 | -- | $833 / Sq Ft |
Source: MLSListings
Tax History Compared to Growth
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 | $33,767 | $2,942,080 | $2,321,170 | $620,910 |
| 2024 | $33,767 | $2,884,393 | $2,275,657 | $608,736 |
| 2023 | $33,198 | $2,827,837 | $2,231,037 | $596,800 |
| 2022 | $32,973 | $2,772,391 | $2,187,292 | $585,099 |
| 2021 | $32,459 | $2,718,031 | $2,144,404 | $573,627 |
| 2020 | $31,896 | $2,690,162 | $2,122,416 | $567,746 |
| 2019 | $31,471 | $2,637,414 | $2,080,800 | $556,614 |
| 2018 | $31,048 | $2,585,700 | $2,040,000 | $545,700 |
| 2017 | $10,872 | $842,081 | $606,304 | $235,777 |
| 2016 | $10,576 | $825,570 | $594,416 | $231,154 |
| 2015 | $10,492 | $813,170 | $585,488 | $227,682 |
| 2014 | $10,319 | $797,243 | $574,020 | $223,223 |
Source: Public Records
Agents Affiliated with this Home
-
-
L
Buyer's Agent in 2017
Lynne Bucher
David Lyng Real Estate
Map
Source: MLSListings
MLS Number: ML81638401
APN: 424-30-037
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