NOT LISTED FOR SALE

Estimated Value: $5,842,000 - $6,745,013

5 Beds
5.5 Baths
4,200 Sq Ft
$1,500/Sq Ft Est. Value

Last Sold August 14, 2023

Last sale price $6,000,000 $1,429 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $41,853/month

123 Days on Market

Highlights

  • Heated Pool and Spa
  • Primary Bedroom Suite
  • Mountain View
  • Louise Van Meter Elementary School Rated A
  • 3.99 Acre Lot
  • Family Room with Fireplace

About This Home

As of August 2023

Welcome to this amazing gated estate in the prestigious South Kennedy area of Los Gatos. Situated on four acres with magnificent grounds and three separate structures, this property offers an incredible and unique California lifestyle. The private compound features a main house with four en-suite bedrooms, attached 2-car garage, a fully equipped stand-alone one bedroom 915 sq ft Guest House and separate 960 sq ft 3-car garage with Town approval to convert to an ADU. (Total square footage ~6,075) Directly accessible from the family room is an absolutely stunning entertainer's dream backyard boasting an outdoor kitchen, sitting area with a retractable cover and 6-gas heaters, TV, fire pit and hot tub. Just above the patio area is a fantastic infinity edge pool including a large sun-shelf and spa. Huge front lawn offers a tremendous space for family fun & games as well as a sport court with its own viewing deck. Think Lake Tahoe Lodge out front, Miami Beach Resort out back!

Last Agent to Sell the Property

Greg Simpson

KW Bay Area Estates License #01449209 Listed on: 04/03/2023

KW Bay Area Estates

Last Buyer's Agent

Chris Ray

Christie's International Real Estate Sereno License #01215287

Christie's International Real Estate Sereno

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $69,379

Year Built

  • Built in 1977

Lot Details

  • 3.99 Acre Lot
  • Gated Home
  • Back and Front Yard Fenced
  • Gentle Sloping Lot
  • Sprinklers on Timer
  • Zoning described as HR110

Parking

  • 5 Car Detached Garage
  • Electric Vehicle Home Charger
  • Guest Parking

Property Views

  • Mountain
  • Garden

Home Design

  • Pillar, Post or Pier Foundation
  • Mudsill Foundation
  • Masonry Perimeter Foundation
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,200 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Entertainment System
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • 3 Fireplaces
  • Formal Dining Room
  • Recreation Room
  • Bonus Room
  • Workshop
  • Utility Room
  • Crawl Space

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Eat-In Kitchen
  • Double Self-Cleaning Oven
  • Gas Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Bidet
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Gas Dryer Hookup

Outdoor Features

  • Heated Pool and Spa
  • Balcony
  • Outdoor Kitchen
  • Fire Pit
  • Gazebo
  • Shed
  • Barbecue Area

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Gas
  • Thermostat
  • 220 Volts
  • Water Treatment System
  • Tankless Water Heater
  • Water Softener is Owned

Additional Features

  • 960 SF Accessory Dwelling Unit
  • Horses Potentially Allowed on Property

Listing and Financial Details

  • Assessor Parcel Number 532-39-015

Home Details

Home Type

Single Family

Est. Annual Taxes

$69,379

Year Built

Built in 1977

Lot Details

0

Parking

5

Listing Details

  • Subclass: Single Family Home
  • Age: 46
  • Listing Class: Residential
  • Second Res Apx Sq Ft: 960
  • Structure Sq Ft: 4200
  • Year Built: 1977
  • Zoning Description: HR110
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo, Separate Family Room
  • Fireplace: Family Room, Gas Log
  • Dining Room: Breakfast Nook, Dining Area in Family Room, Eat in Kitchen, Formal Dining Room
  • Kitchen: 220 Volt Outlet, Cooktop - Gas, Dishwasher, Freezer, Garbage Disposal, Hookups - Gas, Microwave, Oven - Double, Oven - Self Cleaning, Oven Range - Built-In, Gas, Pantry, Refrigerator
  • Living Sq Ft: 4200
  • Stories: 2
  • Bedrooms: Primary Suite / Retreat, Primary Suite / Retreate - 2+
  • Laundry: Electricity Hookup (220V), Gas Hookup, Inside
  • Flooring: Hardwood, Tile
  • Additional Rooms: Bonus / Hobby Room, Recreation Room, Storage, Utility Room, Workshop
  • Fireplaces Min: 3
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Bathroom: Bidet, Shower over Tub - 1, Stall Shower - 2+, Tub, Tub in Primary Bedroom
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab, Foundation Pillars, Masonry Perimeter, Mudsill, Sealed Crawlspace
  • Pool Description: Pool - Heated, Pool / Spa Combo, Spa / Hot Tub
  • Roof: Composition
  • View: Garden / Greenbelt, Mountains
  • Yard/Grounds: Balcony / Patio, BBQ Area, Fire Pit, Gazebo, Outdoor Kitchen, Sprinklers - Auto, Sprinklers - Lawn, Storage Shed / Structure
  • Horse Property: Possible
  • Pool: Yes
  • Fencing: Fenced Back, Fenced Front, Gate
  • Horse Property Description: Unimproved

Garage/Parking

  • Garage Spaces: 5
  • Garage Max: 5
  • Garage Min: 5
  • Garage Parking Features: Attached Garage, Detached Garage, Electric Car Hookup, Guest / Visitor Parking, Room for Oversized Vehicle

Utilities

  • Cooling System: Central AC, Multi-Zone
  • Heating System: Fireplace, Forced Air, Gas, Heating - 2+ Zones
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Built-in Vacuum, High Ceiling, Vaulted Ceiling, Video / Audio System, Walk-in Closet, Wet Bar

Schools

  • School District: Los Gatos-Saratoga Joint Union High
  • Elementary School: Louise Van Meter Elementary
  • Middle School: Raymond J. Fisher Middle
  • High School: Los Gatos High
  • High School: 262
  • Elementary School: 143
  • Middle School: 141

Lot Info

  • Lot Description: Grade - Gently Sloped
  • Parcel Number: 532-39-015
  • Lot Acres: 3.9946
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 174005.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 174005.00

Green Features

  • Energy Features: Double Pane Windows, Solar Power On Grid, Tankless Water Heater, Thermostat Controller

Multi Family

  • Utilities: Public Utilities
  • Second Unit Description: Guest House

MLS Schools

  • High School District Text: Los Gatos-Saratoga Joint Union High
  • Elementary School Text: Louise Van Meter Elementary
  • High School Text: Los Gatos High
  • Middle School Text: Raymond J. Fisher Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2023
Closed on
Jun 21, 2023
Sold by
Casale Living Trust
Bought by
Zaia Tony and Zaia Dena
Seller's Agent
Greg Simpson
KW Bay Area Estates
Buyer's Agent
Chris Ray
Christie's International Real Estate Sereno
List Price
$6,398,000
Sold Price
$6,000,000
Premium/Discount to List
-$398,000
-6.22%
Views
157
Current Estimated Value
$6,588,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$588,186
Avg. Annual Appreciation
1.99%
Original Mortgage
$1,700,000
Interest Rate
6.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 7, 2017
Sold by
Casale Jeffrey and Casale Silvana
Bought by
Casale Jeffrey P and Casale Silvana S

Purchase Details

Listed on
Jul 17, 2013
Closed on
Aug 26, 2014
Sold by
Pereyra Daniel and Pereya Cathy F
Bought by
Casale Jeffrey and Casale Silvana
Seller's Agent
Dan Gluhaich
Intero Real Estate Services
Buyer's Agent
Susan Castaneda
Coldwell Banker Realty
List Price
$4,749,000
Sold Price
$4,590,000
Premium/Discount to List
-$159,000
-3.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.84%
Original Mortgage
$2,577,250
Interest Rate
2.99%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 21, 2011
Sold by
Pereyra Daniel and Pereyra Cathy F
Bought by
Pereyra Daniel and Pereyra Cathy F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,950,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 21, 2007
Sold by
Pereyra Daniel and Pereyra Cathy F
Bought by
Pereyra Daniel and Pereyra Cathy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.21%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Nov 22, 2006
Sold by
Odell Ted M and Odell Jeanine L
Bought by
Pereyra Daniel and Pereyra Cathy

Purchase Details

Closed on
Feb 22, 1996
Sold by
Lentz Derek J and Lentz Ingrid J
Bought by
Odell Ted M and Odell Jeanine L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$646,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Zaia Tony $6,000,000 Chicago Title
Casale Jeffrey P -- None Available
Casale Jeffrey $4,590,000 Chicago Title Company
Pereyra Daniel -- Old Republic Title Company
Pereyra Daniel -- Fidelity National Title Ins
Pereyra Daniel -- Fidelity National Title
Pereyra Daniel $2,470,000 Alliance Title Company
Odell Ted M $807,500 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zaia Tony $1,700,000
Previous Owner Casale Living Trust $3,235,000
Previous Owner Casale Jeffrey $3,220,000
Previous Owner Casale Jeffrey $2,577,250
Previous Owner Pereyra Daniel $1,950,000
Previous Owner Pereyra Daniel $750,000
Previous Owner Pereyra Daniel $1,000,000
Previous Owner Odell Ted M $500,000
Previous Owner Odell Ted M $100,000
Previous Owner Odell Ted M $590,000
Previous Owner Odell Ted M $628,000
Previous Owner Odell Ted M $646,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2023 08/14/23 Sold $6,000,000 -6.2% $1,429 / Sq Ft
08/04/2023 08/04/23 Pending -- -- --
07/12/2023 07/12/23 For Sale $6,398,000 0.0% $1,523 / Sq Ft
06/18/2023 06/18/23 Pending -- -- --
06/08/2023 06/08/23 Price Changed $6,398,000 -8.6% $1,523 / Sq Ft
04/03/2023 04/03/23 For Sale $6,998,000 +52.5% $1,666 / Sq Ft
08/29/2014 08/29/14 Sold $4,590,000 -2.8% $897 / Sq Ft
08/04/2014 08/04/14 Pending -- -- --
07/21/2014 07/21/14 Price Changed $4,724,000 -0.5% $924 / Sq Ft
03/21/2014 03/21/14 For Sale $4,749,000 +3.5% $928 / Sq Ft
12/06/2013 12/06/13 Off Market $4,590,000 -- --
10/12/2013 10/12/13 Price Changed $4,749,000 -1.0% $928 / Sq Ft
07/17/2013 07/17/13 For Sale $4,799,000 -- $938 / 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
2024 $69,379 $6,000,000 $4,500,000 $1,500,000
2023 $62,704 $5,388,471 $3,812,094 $1,576,377
2022 $62,287 $5,282,816 $3,737,348 $1,545,468
2021 $61,372 $5,179,232 $3,664,067 $1,515,165
2020 $60,132 $5,109,726 $3,626,497 $1,483,229
2019 $59,267 $5,002,973 $3,555,390 $1,447,583
2018 $57,824 $4,848,259 $3,485,677 $1,362,582
2017 $57,317 $4,753,196 $3,417,331 $1,335,865
2016 $55,911 $4,659,997 $3,350,325 $1,309,672
2015 $55,644 $4,590,000 $3,300,000 $1,290,000
2014 $33,055 $2,688,000 $1,441,200 $1,246,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81919995

MLSListings

APN: 532-39-015