NOT LISTED FOR SALE

Estimated Value: $2,075,920 - $2,683,000

2 Beds
1 Bath
1,175 Sq Ft
$2,042/Sq Ft Est. Value

Last Sold December 09, 2022

Last sale price $2,007,000 $1,708 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $14,084/month

65 Days on Market

Highlights

  • City Lights View
  • 1.41 Acre Lot
  • Wood Flooring
  • Louise Van Meter Elementary School Rated A
  • Vaulted Ceiling
  • Granite Countertops

About This Home

As of December 2022

Rarely comes along such an amazing opportunity featuring approx. 3.5 acres (2 parcels - 532-25-025/532-25-02) with spectacular city lights view and only 2 1/2 miles to downtown Los Gatos! Situated in the City of Los Gatos, connected to public sewer, and unlimited potential whether enjoying the existing 2 bedroom home, expanding, or completely rebuilding your dream home. Many updates: double pane windows, newer roof, central HVAC w/ air-conditioning, new siding, and more! Great building pad while maintaining the natural serenity of the property -- stunning oak trees and natural landscaping. Extra bonus -- this property offers you privacy while still having a neighborhood-like setting and LOS GATOS SCHOOLS: Van Meter Elementary, Fisher Middle, Los Gatos High

Last Agent to Sell the Property

nicholas french

Christie's International Real Estate Sereno License #01350085 Listed on: 09/08/2022

Christie's International Real Estate Sereno

Last Buyer's Agent

Ali Naimi

Redfin License #01955531

Redfin

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1951

Lot Details

  • 1.41 Acre Lot
  • Zoning described as R1E-2

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,175 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Double Pane Windows
  • Wood Flooring
  • City Lights Views
  • Laundry in Utility Room

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Outdoor Features

  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Propane

Listing and Financial Details

  • Assessor Parcel Number 532-25-025

Home Details

Home Type

Single Family

Year Built

Built in 1951

Lot Details

1.41 Acres

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 1175
  • Year Built: 1951
  • Zoning Description: R1E-2
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Eat in Kitchen
  • Kitchen: Countertop - Granite, Dishwasher, Microwave, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 1175
  • Stories: 1
  • Bedrooms: Walk-in Closet
  • Laundry: In Utility Room
  • Flooring: Hardwood
  • Fireplaces Min: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Stall Shower, Tile
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • View: City Lights
  • Yard/Grounds: Storage Shed / Structure

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Vaulted Ceiling

Schools

  • High School: 262

Lot Info

  • Parcel Number: 532-25-025
  • Lot Acres: 1.4056
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 61226.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 61226.00

Green Features

  • Energy Features: Double Pane Windows

Multi Family

  • Utilities: Individual Electric Meters, Propane On Site

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
Sep 8, 2022
Closed on
Dec 5, 2022
Sold by
Cheng Heyning A
Bought by
Phan Duy Ngoc
Seller's Agent
nicholas french
Christie's International Real Estate Sereno
Buyer's Agent
Ali Naimi
Redfin
List Price
$2,395,000
Sold Price
$2,007,000
Premium/Discount to List
-$388,000
-16.2%
Views
4
Current Estimated Value
$2,398,980

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$391,980
Avg. Annual Appreciation
5.59%
Original Mortgage
$1,605,600
Outstanding Balance
$1,544,548
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$854,432

Purchase Details

Closed on
Apr 23, 2012
Sold by
Tomlinson Carol J
Bought by
Cheng Heyning A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2008
Sold by
Tomlinson Carol J and Bezman Victor H
Bought by
Tomlinson Carol J and Bezman Victor H
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Phan Duy Ngoc -- First American Title
Cheng Heyning A $1,074,000 Chicago Title Company
Tomlinson Carol J -- None Available
Tomlinson Carol J -- None Available
Tomlinson Carol J -- None Available
Tomlinson Carol J -- None Available
Tomlinson Carol J -- None Available
Tomlinson Carol J -- None Available
Tomlinson Carol J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phan Duy Ngoc $1,605,600
Previous Owner Cheng Heyning A $625,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/09/2022 12/09/22 Sold $2,007,000 -16.2% $1,708 / Sq Ft
11/13/2022 11/13/22 Pending -- -- --
09/08/2022 09/08/22 For Sale $2,395,000 -- $2,038 / Sq Ft
Source: MLSListings

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 $15,182 $1,255,762 $1,040,400 $215,362
2024 $15,182 $1,231,140 $1,020,000 $211,140
2023 $15,182 $1,207,000 $1,000,000 $207,000
2022 $13,254 $1,041,569 $923,213 $118,356
2021 $12,927 $1,021,147 $905,111 $116,036
2020 $12,691 $1,010,678 $895,831 $114,847
2019 $12,513 $990,862 $878,266 $112,596
2018 $12,332 $971,435 $861,046 $110,389
2017 $12,239 $952,388 $844,163 $108,225
2016 $11,912 $933,714 $827,611 $106,103
2015 $11,822 $919,690 $815,180 $104,510
2014 $11,583 $901,675 $799,212 $102,463
Source: Public Records

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Map

Source: MLSListings

MLS Number: ML81906687

MLSListings

APN: 532-25-025

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