NOT LISTED FOR SALE

Estimated Value: $6,940,000 - $8,156,000

5 Beds
5.5 Baths
5,820 Sq Ft
$1,317/Sq Ft Est. Value

Last Sold August 11, 2020

Last sale price $5,450,000 $936 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $48,484/month

59 Days on Market

Highlights

  • Home Theater
  • Private Pool
  • 1.14 Acre Lot
  • Daves Avenue Elementary School Rated A
  • Primary Bedroom Suite
  • Fireplace in Primary Bedroom

About This Home

As of August 2020

Outstanding property in a great Monte Sereno neighborhood. Property includes detached 400 +/-sq. ft. home theater w/full bath. Detached 10x12' +/- sauna, swimming pool & spa w/beautiful large paver patio & fire pit. 900 sq. ft.+/- sport court. Huge rear lawn is surrounded by exquisite landscaping, a small pergola covered in Wisteria w/a paver walk-way around the perimeter area. Property is fenced w/two electric gates has ample parking for 8+ cars. Two, 2-car garages, one attached, with extra storage. Two large Master suites, one on ground floor w/ high ceilings and a fireplace. New kitchen installed in 2019 includes 4 x 9' +/- island, 2 sinks, stainless appliances including Subzero & Viking gas stove, breakfast bar that will seat 5. Spacious, bright family room w/vaulted ceiling, large windows full sized bar. Hardwood floors & tile throughout. This is a home you must see to appreciate, many wonderful custom details. Excellent Los Gatos schools. Covid information: //bit.ly/CBPrevPlan

Last Listed By

Ted LaScola

Coldwell Banker Realty License #00596001 Listed on: 05/10/2020

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $71,904

Year Built

  • 1990

Lot Details

  • 1.14 Acre Lot
  • Gated Home
  • Wood Fence
  • Level Lot
  • Sprinklers on Timer

Parking

  • 4 Car Detached Garage
  • Tandem Parking
  • Garage Door Opener
  • Electric Gate
  • Secured Garage or Parking
  • Guest Parking

Home Design

  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,820 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Skylights in Kitchen
  • Gas Log Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Home Theater
  • Den
  • Utility Room
  • Sump Pump
  • Alarm System

Kitchen

  • Breakfast Bar
  • Built-In Self-Cleaning Double Oven
  • Electric Oven
  • Gas Cooktop
  • Microwave
  • Kitchen Island
  • Trash Compactor

Flooring

  • Wood
  • Tile
  • Travertine

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet
  • Remodeled Bathroom
  • Stone Countertops In Bathroom
  • Granite Bathroom Countertops
  • Dual Sinks
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer and Dryer

Eco-Friendly Details

  • Energy-Efficient Insulation
  • Solar Heating System

Pool

  • Private Pool
  • Solar Heated Pool

Outdoor Features

  • Balcony
  • Fire Pit
  • Shed

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Tankless Water Heater
  • Sewer Within 50 Feet

Home Details

Home Type

Single Family

Est. Annual Taxes

$71,904

Year Built

1990

Lot Details

0

Parking

4

Listing Details

  • Zoning: R144
  • Subclass: Single Family Home
  • Age: 30
  • Listing Class: Residential
  • Structure Sq Ft: 5820
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1990

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Gas Log, Gas Starter, Living Room, Primary Bedroom
  • Dining Room: Breakfast Bar, Breakfast Room, Formal Dining Room, Skylight
  • Kitchen: Cooktop - Gas, Island, Microwave, Oven - Built-In, Oven - Double, Oven - Electric, Oven - Self Cleaning, Oven Range - Built-In, Pantry, Refrigerator, Skylight, Trash Compactor
  • Fireplace: Yes
  • Living Sq Ft: 5820
  • Stories: 1
  • Security: Secured Garage / Parking, Security Alarm
  • Bedrooms: Primary Bedroom On Ground Floor, Primary Suite / Retreat, More Than One Bedroom On Ground Floor, More Than One Primary Bedroom, Walk-In Closet
  • Laundry: Electricity Hookup (220V), In Garage, In Utility Room, Inside, Washer / Dryer
  • Flooring: Hardwood, Tile, Travertine
  • Additional Rooms: Laundry Room, Media / Home Theater, Office Area, Utility Room
  • Fireplaces Min: 3
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Bathroom: Double Sinks, Granite, Primary - Stall Shower(s), Oversized Tub, Shower Over Tub - 1, Stall Shower, Stall Shower - 2+, Stone, Tubs - 2+, Updated Bath

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Pool Description: Yes
  • Roof: Concrete, Tile
  • Yard/Grounds: Balcony / Patio, Fenced, Fire Pit, Sprinklers - Auto, Sprinklers - Lawn, Storage Shed / Structure
  • Fencing: Fenced, Gate, Wood
  • Pool: Heated - Solar, Pool - In Ground, Pool - Sweep, Spa - In Ground, Steam Room Or Sauna

Garage/Parking

  • Garage Spaces: 4
  • Parking Spaces: 8
  • Garage Max: 4
  • Garage Min: 4
  • Garage Parking Features: Attached Garage, Detached Garage, Electric Gate, Gate / Door Opener, Guest / Visitor Parking, Room For Oversized Vehicle, Tandem Parking

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air, Central Forced Air - Gas, Heat Pump, Heating - 2+ Zones, Solar
  • Sewer/Septic System: Sewer Connected, Sewer In Street, Sump Pump

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Skylight, Vaulted Ceiling, Walk-In Closet, Wet Bar

Schools

  • School District: Los Gatos-Saratoga Joint Union High
  • Elementary School: Daves Avenue Elementary
  • Middle School: Raymond J. Fisher Middle
  • High School: Los Gatos High
  • High School: 262
  • Elementary School: 140
  • Middle School: 141

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 1.1389
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 49611.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 49611.00

Green Features

  • Energy Features: Double Pane Windows, Insulation - Per Owner, Solar Heating - Pool, Tankless Water Heater

Multi Family

  • Utilities: Public Utilities
  • Second Unit Description: Home Theater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2020
Closed on
Jul 20, 2020
Sold by
Mack Edward R and Mack Lynn Corley
Bought by
Heffernan Michael Joseph
Seller's Agent
Ted LaScola
Coldwell Banker Realty
Buyer's Agent
Barbara Werner
Compass
List Price
$5,895,000
Sold Price
$5,450,000
Premium/Discount to List
-$445,000
-7.55%
Total Days on Market
59
Current Estimated Value
$7,664,338

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,214,338
Avg. Annual Appreciation
7.39%
Original Mortgage
$5,000,000
Outstanding Balance
$4,482,773
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$3,181,565

Purchase Details

Closed on
Nov 16, 2009
Sold by
Mack Edward R and Mack Lynn Corley
Bought by
Mack Edward Reed and Mack Lynn Corley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.99%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 7, 2009
Sold by
Mack Edward R and Mack Lynn Corley
Bought by
Mack Edward Reed and Mack Lynn Corley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.25%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jun 14, 2006
Sold by
Gregory Alan V and Gregory Maureen K
Bought by
Mack Edward R and Mack Lynn Corley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,990,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 19, 1994
Sold by
Andrews Gary R
Bought by
Gregory Alan and Gregory Maurene K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

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
Heffernan Michael Joseph $5,450,000 Cornerstone Title Company
Mack Edward Reed -- Chicago Title Company
Mack Edward R -- Chicago Title Company
Mack Edward Reed -- First American Title Company
Mack Edward R $2,575,000 Alliance Title Company
Gregory Alan $623,500 First American Title Guarant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heffernan Michael Joseph $5,000,000
Previous Owner Mack Edward Reed $1,900,000
Previous Owner Mack Edward Reed $500,000
Previous Owner Mack Edward Reed $500,000
Previous Owner Mack Edward R $1,970,000
Previous Owner Mack Edward Reed $500,000
Previous Owner Mack Edward R $1,990,000
Previous Owner Mack Edward R $1,990,000
Previous Owner Gregory Alan $335,000
Previous Owner Gregory Alan $435,000
Previous Owner Gregory Alan $120,000
Closed Gregory Alan $309,160
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2020 08/11/20 Sold $5,450,000 -4.2% $936 / Sq Ft
07/09/2020 07/09/20 Pending -- -- --
06/29/2020 06/29/20 Price Changed $5,689,000 -3.5% $977 / Sq Ft
05/10/2020 05/10/20 For Sale $5,895,000 -- $1,013 / 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 $71,904 $6,261,963 $3,395,865 $2,866,098
2023 $70,156 $6,078,210 $3,329,280 $2,748,930
2022 $65,370 $5,572,557 $3,264,000 $2,308,557
2021 $64,268 $5,450,000 $3,200,000 $2,250,000
2020 $40,297 $3,400,637 $2,450,132 $950,505
2019 $39,686 $3,333,959 $2,402,091 $931,868
2018 $39,158 $3,268,589 $2,354,992 $913,597
2017 $39,092 $3,204,500 $2,308,816 $895,684
2016 $38,124 $3,141,668 $2,263,546 $878,122
2015 $37,928 $3,094,478 $2,229,546 $864,932
2014 $37,382 $3,033,863 $2,185,873 $847,990
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81792026

MLSListings

APN: 410-04-001