NOT LISTED FOR SALE

178 Loma Alta Ave Los Gatos, CA 95030

East Los Gatos Neighborhood

Estimated Value: $3,650,000 - $4,040,118

3 Beds
3.5 Baths
3,010 Sq Ft
$1,271/Sq Ft Est. Value

Last Sold October 23, 2013

Last sale price $2,482,500 $825 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $22,980/month

29 Days on Market

Highlights

  • Primary Bedroom Suite
  • Mountain View
  • Bonus Room
  • Louise Van Meter Elementary School Rated A
  • Marble Flooring
  • Steam Shower

About This Home

As of October 2013

ALMOST ENTIRELY NEW HOME FOLLOWING EXTENSIVE REMODEL COMPLETED LATE 2012. INCOMPARABLE MASTER SUITE, GOURMET KITCHEN, BLACK WALNUT FLOORING, AMAZINGLY STYLED BATHROOMS AND BEDROOMS, GROUND FLOOR FAMILY ROOM WITH FULL BATH AND MURPHY BED, ALL NEW SYSTEMS THROUGHOUT. AN AMAZING PROPERTY ON A SOUGHT AFTER STREET IN QUAINT LOS GATOS. TOTALLY TURNKEY!!

Last Agent to Sell the Property

Michael Riese

Christie's International Real Estate Sereno License #01366625 Listed on: 07/09/2013

Christie's International Real Estate Sereno

Last Buyer's Agent

Carol Jeans

Christie's International Real Estate Sereno License #01117857

Christie's International Real Estate Sereno

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,391

Year Built

  • Built in 1900

Lot Details

  • Lot Sloped Down
  • Zoning described as R18

Parking

  • 1 Car Detached Garage
  • Alley Access

Property Views

  • Mountain
  • Garden
  • Neighborhood

Home Design

  • Cottage
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,010 Sq Ft Home
  • 3-Story Property
  • Gas Log Fireplace
  • Double Pane Windows
  • Window Treatments
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Bonus Room
  • Washer

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Disposal

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Sunken Shower or Bathtub
  • Dual Flush Toilets
  • Low Flow Toliet
  • Bathtub with Shower
  • Steam Shower
  • Walk-in Shower
  • Low Flow Shower

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Insulation

Utilities

  • Forced Air Heating and Cooling System
  • Wood Insert Heater
  • Radiant Heating System
  • Thermostat
  • 220 Volts
  • Sewer Within 50 Feet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 532-28-032

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,391

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Style: Cottage/Bungalow
  • Sale Price Per Sq Ft: 824.75
  • Listing Class: Residential
  • Structure Sq Ft: 3010
  • Incorporated: Yes
  • Map Book Page: 893
  • Map Side Coordinate: 1
  • Map Top Coordinate: B
  • Thomas Bros Page: 893
  • Thomas Brothers: B1
  • Year Built: 1900
  • Zoning Description: R18
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Living Room, Insert, Gas Log, Yes
  • Dining Room: Dining Area in Living Room, Eat in Kitchen
  • Kitchen: Dishwasher, Cooktop, Garbage Disposal, Refrigerator, Microwave, Oven - Built-In, 220 Volt Outlet
  • Living Sq Ft: 3010
  • Stories: 3
  • Security: Security Alarm - Owned, Fire Alarm
  • Bedrooms: Primary Suite / Retreat
  • Laundry: In Laundry Room, Washer, 220 Volt Outlet
  • Flooring: Tile, Hardwood, Marble
  • Additional Rooms: Bonus / Hobby Room
  • Maximum Bathrooms: 4
  • Minimum Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Shower over Tub - 1, Tubs - 2+, Stall Shower - 2+, Steam Shower, Sunken Tub, Tub in Primary Bedroom, Dual Flush Toilet

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Pool Description: Pool - No
  • Roof: Composition
  • View: Garden / Greenbelt, Mountains, Local/Neighborhood
  • Exterior: Wood

Garage/Parking

  • Garage Spaces: 1
  • Garage Parking Features: Access - Alley, Detached Garage

Utilities

  • Cooling System: Central AC
  • Heating System: Radiant, Forced Air
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Window Covering(s), Double Pane Windows(s)

Lot Info

  • Lot Description: Grade - Sloped Down
  • Parcel Number: 532-28-032
  • List Price per Sq Ft: 862.13
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8050.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 8050.00
  • Lot Size Area Min Search: 8050.00
  • Maximum Lot Size: 8050.00
  • Map Book: Thomas Bros

Green Features

  • Energy Features: Insulation - Per Owner, Caulked/Sealed, Energy Star Appliances, Insulated Water Heater, Low Flow Shower, Low Flow Toilet, Weather Stripped Door(s), Double Pane Windows, Thermostat Controller

Multi Family

  • Maximum Building Height: 3
  • Minimum Building Height: 3

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 5, 2020
Sold by
Railo Matti J and Railo Allison W
Bought by
Railo Matti J and Railo Allison W
Current Estimated Value
$3,827,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$668,000
Outstanding Balance
$588,768
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$3,238,262

Purchase Details

Listed on
Jul 9, 2013
Closed on
Oct 18, 2013
Sold by
Railo Matti J and Railo Allison W
Bought by
Railo Matti J and Railo Allison W
Seller's Agent
Michael Riese
Christie's International Real Estate Sereno
Buyer's Agent
Carol Jeans
Christie's International Real Estate Sereno
List Price
$2,595,000
Sold Price
$2,482,500
Premium/Discount to List
-$112,500
-4.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.67%
Original Mortgage
$1,000,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jul 9, 2013
Closed on
Sep 27, 2013
Sold by
Fay Benjamin L and Fay Kristen
Bought by
Railo Matti J and Railo Allison W
Seller's Agent
Michael Riese
Christie's International Real Estate Sereno
Buyer's Agent
Carol Jeans
Christie's International Real Estate Sereno
List Price
$2,595,000
Sold Price
$2,482,500
Premium/Discount to List
-$112,500
-4.34%

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
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 2, 2012
Sold by
Fay Benjamin L and Fay Kristen
Bought by
Fay Benjamin L and Fay Kristen B

Purchase Details

Closed on
Mar 14, 2011
Sold by
Seders Jeffrey H and Seders Shelley A
Bought by
Fay Benjamin L and Fay Kristen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,125,000
Interest Rate
5.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2010
Sold by
Seders Jeffrey H and Seders Shelley A
Bought by
Seders Jeffrey H and Seders Shelley A

Purchase Details

Closed on
May 20, 1994
Sold by
Davis Mary Melinda
Bought by
Seders Jeffrey H and Seders Shelley A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,200
Interest Rate
5.87%
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
Railo Matti J -- Stewart Title Of Ca Inc
Railo Matti J -- Stewart Title Of Ca Inc
Railo Matti J -- Chicago Title Company
Railo Matti J $2,482,500 Chicago Title Company
Fay Benjamin L -- None Available
Fay Benjamin L $899,750 Chicago Title Company
Seders Jeffrey H -- None Available
Seders Jeffrey H $361,500 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Railo Matti J $668,000
Closed Railo Matti J $1,000,000
Previous Owner Fay Benjamin L $1,125,000
Previous Owner Seders Jeffrey H $289,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2013 10/23/13 Sold $2,482,500 -4.3% $825 / Sq Ft
09/25/2013 09/25/13 Pending -- -- --
08/27/2013 08/27/13 For Sale $2,595,000 -- $862 / 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
2025 $35,391 $3,096,584 $1,691,687 $1,404,897
2024 $35,391 $3,035,867 $1,658,517 $1,377,350
2023 $34,797 $2,976,342 $1,625,998 $1,350,344
2022 $34,567 $2,917,983 $1,594,116 $1,323,867
2021 $34,030 $2,860,768 $1,562,859 $1,297,909
2020 $33,439 $2,831,435 $1,546,834 $1,284,601
2019 $32,994 $2,775,917 $1,516,504 $1,259,413
2018 $32,550 $2,721,488 $1,486,769 $1,234,719
2017 $32,491 $2,668,126 $1,457,617 $1,210,509
2016 $31,146 $2,570,713 $1,429,037 $1,141,676
2015 $30,978 $2,532,099 $1,407,572 $1,124,527
2014 $30,526 $2,482,500 $1,380,000 $1,102,500
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2013

    Michael Riese

    Sereno Group

    Section Image
  • Carol Jeans

    Buyer's Agent in 2013

    Carol Jeans

    Sereno Group

    (408) 332-2797

    9 in this area

    67 Total Sales

    Carol Jeans
    Section Image
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Map

Source: MLSListings

MLS Number: ML81331619

MLSListings

APN: 532-28-032

California Santa Clara County Los Gatos 95030 East Los Gatos

178 Loma Alta Ave, Los Gatos, CA

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