NOT LISTED FOR SALE

Estimated Value: $1,952,938 - $2,533,000

3 Beds
2 Baths
1,175 Sq Ft
$1,865/Sq Ft Est. Value

Last Sold November 24, 2020

Last sale price $1,777,000 $1,512 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $13,239/month

53 Days on Market

Highlights

  • City Lights View
  • 2.29 Acre Lot
  • Vaulted Ceiling
  • Louise Van Meter Elementary School Rated A
  • Wood Burning Stove
  • Wood Flooring

About This Home

As of November 2020

Fabulous Opportunity for Owner/Builder! 2.3+/- acres. Two Parcels, each over an acre. APN 532-23-095 and 094. City Light, Valley and Mountain Views! Private Setting at the End of High Street. Create your dream home! Existing home features three bedrooms and two baths. Living room with vaulted ceiling, exposed wood beams, two expansive windows with views and fireplace. Dining room with matching expansive window with valley views. Several rooms with outstanding views. Laundry room with deep sink. Grounds offer meandering walkways, paths and stairs. Mature redwoods. Award Winning Los Gatos Schools. Buyer to work with the Town of Los Gatos and what can be built and if the 2nd lot is buildable. This is a Trustee sale and the Trustee has very limited information. This is a very special piece of property and location. It's been a hidden gem and now ready for a new owner. Please feel free to drive up to the property and look around. To enter you need an appointment and a signed PEAD.

Last Agent to Sell the Property

George Montanari

Compass License #00780027 Listed on: 05/26/2020

Compass

Last Buyer's Agent

RECIP

Out of Area Office License #00000000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,246

Year Built

  • 1936

Lot Details

  • 2.29 Acre Lot
  • Drought Tolerant Landscaping
  • Grass Covered Lot

Parking

  • 1 Car Detached Garage
  • Guest Parking

Property Views

  • City Lights
  • Mountain

Home Design

  • Cabin
  • Pillar, Post or Pier Foundation

Interior Spaces

  • 1,175 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Formal Dining Room
  • Unfinished Basement

Kitchen

  • Electric Cooktop
  • Range Hood
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Balcony
  • Shed

Utilities

  • Wood Insert Heater
  • Separate Meters
  • Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,246

Year Built

1936

Lot Details

0

Parking

1

Listing Details

  • Zoning: R110
  • Subclass: Single Family Home
  • Style: Cabin
  • Age: 84
  • Listing Class: Residential
  • Structure Sq Ft: 1175
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1936

Interior Features

  • Family Room: No Family Room
  • Fireplace: Insert, Wood Burning
  • Dining Room: Formal Dining Room
  • Kitchen: Cooktop - Electric, Dishwasher, Hood Over Range, Pantry
  • Fireplace: Yes
  • Living Sq Ft: 1175
  • Stories: 1
  • Laundry: Inside, Washer / Dryer
  • Flooring: Carpet, Hardwood, Vinyl / Linoleum
  • Additional Rooms: Basement - Unfinished, Laundry Room
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Shower Over Tub - 1

Exterior Features

  • Foundation: Post And Pier
  • View: City Lights, Mountains
  • Yard/Grounds: Balcony / Patio, Drought Tolerant Plants, Low Maintenance, Storage Shed / Structure

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Detached Garage, Guest / Visitor Parking

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Stove - Wood
  • Sewer/Septic System: Existing Septic

Association/Amenities

  • Amenities Miscellaneous: Open Beam Ceiling, Vaulted Ceiling

Schools

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

Lot Info

  • Lot Description: Grade - Varies
  • Lot Acres: 2.2900
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 99752.40
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 99752.40

Multi Family

  • Utilities: Individual Electric Meters

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 11, 2022
Sold by
San Jose Water Company
Bought by
Hutchison David Neil
Total Days on Market
53
Current Estimated Value
$2,191,485

Purchase Details

Listed on
May 26, 2020
Closed on
Nov 17, 2020
Sold by
Gagliardi Joseph A and Gagliardi Joseph A
Bought by
Hutchison David Neil
Seller's Agent
George Montanari
Compass
Buyer's Agent
RECIP
Out of Area Office
List Price
$2,200,000
Sold Price
$1,777,000
Premium/Discount to List
-$423,000
-19.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.55%
Original Mortgage
$1,397,000
Interest Rate
2.75%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Hutchison David Neil -- --
Hutchison David Neil $1,777,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hutchison David Neil $1,397,000
Previous Owner March Gerald E $938,250
Previous Owner March Gerald E $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2020 11/24/20 Sold $1,777,000 -19.2% $1,512 / Sq Ft
07/19/2020 07/19/20 Pending -- -- --
05/26/2020 05/26/20 For Sale $2,200,000 -- $1,872 / 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 $11,246 $951,902 $933,863 $18,039
2023 $10,999 $933,238 $915,552 $17,686
2022 $10,930 $914,940 $897,600 $17,340
2021 $10,821 $897,000 $880,000 $17,000
2020 $1,326 $81,267 $44,754 $36,513
2019 $1,316 $79,675 $43,877 $35,798
2018 $1,301 $78,114 $43,017 $35,097
2017 $1,297 $76,583 $42,174 $34,409
2016 $1,262 $75,083 $41,348 $33,735
2015 $1,255 $73,956 $40,727 $33,229
2014 $1,244 $72,509 $39,930 $32,579
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81801189

MLSListings

APN: 532-23-095