NOT LISTED FOR SALE

18065 La Verne Dr Los Gatos, CA 95033

Lexington HIlls Neighborhood

Estimated Value: $931,000 - $1,056,000

2 Beds
1 Bath
860 Sq Ft
$1,171/Sq Ft Est. Value

Last Sold August 14, 2023

Last sale price $1,007,000 $1,171 Per Sq Ft

Current estimated payment $6,472/month

75 Days on Market

Highlights

  • Spa
  • Skyline View
  • Clubhouse
  • Lexington Elementary School Rated A-
  • Craftsman Architecture
  • Deck

About This Home

As of August 2023

Sophistication, charm and comfort meet at this Redwood Retreat & Rental. Beautifully updated with guest unit in the sought-after Redwood Estates Community. Open concept living with abundant natural light. Cozy living room with free-standing wood stove and gourmet kitchen with spacious center island, granite countertops, custom soft closing cabinets, & stainless steel appliances. Large dining area w/ slider opening to Trex deck perfect for entertaining. 2 beds, 1 full bath, and indoor laundry with washer and dryer complete the main home. Enjoy breathtaking views of the grounds & redwoods. Guest unit, hot tub, & garden area create a true retreat-like ambiance. Ample parking is available & a short walk to the village center, cafe, store, post office, pool, and playground. Zoned for the best LG schools and a just short 10 minutes to Los Gatos, making it an ideal investment for those seeking a turn-key AirBnB property, & perfect for first-time homebuyers, down-sizers, and commuters alike.

Last Agent to Sell the Property

Datta Khalsa

Main Street Realtors License #01161050 Listed on: 03/31/2023

Last Buyer's Agent

Katia Mata Hinrichsen

Katia Hinrichsen, J.D. Brkr License #01749261

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,900

Year Built

  • Built in 1925

Lot Details

  • 6,695 Sq Ft Lot
  • Partially Fenced Property
  • Back Yard
  • Zoning described as HS

HOA Fees

  • $115 Monthly HOA Fees

Home Design

  • Craftsman Architecture
  • Cabin
  • Mudsill Foundation
  • Ceiling Insulation
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 860 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Free Standing Fireplace
  • Double Pane Windows
  • Formal Entry
  • Dining Area
  • Skyline Views

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Radiant Floor
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Remodeled Bathroom
  • 1 Full Bathroom
  • Bathtub with Shower
  • Bathtub Includes Tile Surround

Laundry

  • Laundry Room
  • Washer and Dryer

Parking

  • Electric Vehicle Home Charger
  • Guest Parking
  • Off-Street Parking

Eco-Friendly Details

  • Energy-Efficient Insulation

Outdoor Features

  • Spa
  • Deck
  • Shed

Additional Homes

  • 120 SF Accessory Dwelling Unit
  • Accessory Dwelling Unit (ADU)

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Radiant Heating System
  • Heating System Uses Propane
  • Propane
  • Tankless Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 544-38-034

Community Details

Overview

  • Association fees include insurance - common area, maintenance - road, pool spa or tennis
  • Redwood Estates Service Association
  • Built by Redwood Estates

Amenities

  • Clubhouse

Recreation

  • Sport Court
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,900

Year Built

Built in 1925

Lot Details

0

HOA Fees

$115 per month

Listing Details

  • Subclass: Single Family Home
  • Style: Cabin, Craftsman
  • Age: 98
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 350
  • Second Res Apx Sq Ft: 120
  • Structure Sq Ft: 860
  • Complex Name: Redwood Estates
  • Year Built: 1925
  • Zoning Description: HS
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Free Standing, Wood Burning, Wood Stove
  • Dining Room: Breakfast Bar, Dining Area, Skylight
  • Kitchen: Countertop - Granite, Exhaust Fan, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 860
  • Stories: 1
  • Bedrooms: More than One Bedroom on Ground Floor
  • Laundry: Inside, Washer / Dryer
  • Flooring: Carpet, Hardwood, Tile
  • Additional Rooms: Formal Entry, Laundry Room
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Shower over Tub - 1, Skylight, Tile, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Mudsill
  • Pool Description: Spa / Hot Tub
  • Roof: Composition, Shingle
  • Yard/Grounds: Back Yard, Deck, Fenced, Storage Shed / Structure
  • Fencing: Partial Fencing
  • Construction Type: Wood

Garage/Parking

  • Garage Parking Features: Guest / Visitor Parking, Off-Street Parking, Parking Area
  • Electric Vehicle Hookup Type: Electric Vehicle Hookup Level 2 (240 volts)

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Central Forced Air, Propane, Radiant, Radiant Floors, Stove - Wood
  • Sewer/Septic System: Existing Septic

Condo/Co-op/Association

  • HOA Fees: 115
  • HOA Amenities: Club House, Community Pool, Game Court (Outdoor), Playground
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Insurance - Common Area, Maintenance - Road, Pool, Spa, or Tennis
  • H O A Name Text: Redwood Estates Service Association
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Built-in Vacuum, High Ceiling, Skylight, Vaulted Ceiling

Schools

  • School District: Los Gatos-Saratoga Joint Union High

Lot Info

  • Parcel Number: 544-38-034
  • Lot Acres: 0.1537
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6697.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6697.00

Green Features

  • Energy Features: Ceiling Insulation, Double Pane Windows, Insulation - Per Owner, Skylight, Tankless Water Heater, Walls Insulated

Multi Family

  • Utilities: Propane On Site, Public Utilities
  • Second Unit Description: Tiny House ADU

MLS Schools

  • High School District Text: Los Gatos-Saratoga Joint Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2023
Closed on
Jul 14, 2023
Sold by
Letton Andrew Martin and Letton Cynthia Lyn
Bought by
Ritter Gregory and Gmerek Nicole
Seller's Agent
Datta Khalsa
Main Street Realtors
Buyer's Agent
Katia Mata Hinrichsen
Katia Hinrichsen, J.D. Brkr
List Price
$1,050,000
Sold Price
$1,007,000
Premium/Discount to List
-$43,000
-4.1%
Views
49
Current Estimated Value
$1,007,122

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122
Avg. Annual Appreciation
-0.59%
Original Mortgage
$179,000
Outstanding Balance
$44,484
Interest Rate
6.71%
Estimated Equity
$950,228

Purchase Details

Closed on
Feb 10, 2012
Sold by
Letton Andrew Martin
Bought by
Letton Andrew Martin and Letton Cynthia Lyn

Purchase Details

Closed on
Apr 18, 2011
Sold by
Skyles Faun Arwen
Bought by
Letton Andrew Martin

Purchase Details

Closed on
Oct 27, 2004
Sold by
Letton Andrew and Skyles Faun
Bought by
Letton Andrew and Skyles Faun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
5.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 16, 2001
Sold by
Letton Andrew M and Skyles Faun A
Bought by
Letton Andrew and Skyles Faun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.89%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 21, 1999
Sold by
Feliz Marjorie A
Bought by
Letton Andrew M and Skyles Faun A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
7.1%
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
Ritter Gregory $1,007,000 Old Republic Title
Letton Andrew Martin -- None Available
Letton Andrew Martin -- None Available
Letton Andrew -- Alliance Title Company
Letton Andrew -- Chicago Title
Letton Andrew M $195,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ritter Gregory $179,000
Open Ritter Gregory $726,200
Previous Owner Letton Andrew Martin $225,000
Previous Owner Letton Andrew Martin $229,500
Previous Owner Letton Andrew $265,000
Previous Owner Letton Andrew $225,000
Previous Owner Letton Andrew $176,000
Previous Owner Letton Andrew M $146,000
Previous Owner Letton Andrew M $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2023 08/14/23 Sold $1,007,000 +0.8% $1,171 / Sq Ft
06/14/2023 06/14/23 Pending -- -- --
06/02/2023 06/02/23 Price Changed $999,000 -4.9% $1,162 / Sq Ft
03/31/2023 03/31/23 For Sale $1,050,000 -- $1,221 / 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 $11,900 $1,027,140 $918,000 $109,140
2024 $11,900 $1,007,000 $900,000 $107,000
2023 $3,790 $294,441 $292,316 $2,125
2022 $3,771 $288,669 $286,585 $2,084
2021 $3,678 $283,010 $280,966 $2,044
2020 $3,619 $280,110 $278,086 $2,024
2019 $3,580 $274,619 $272,634 $1,985
2018 $3,536 $269,236 $267,289 $1,947
2017 $3,530 $263,958 $262,049 $1,909
2016 $3,442 $258,783 $256,911 $1,872
2015 $3,426 $254,896 $253,052 $1,844
2014 $3,385 $249,904 $248,096 $1,808
Source: Public Records

Agents Affiliated with this Home

  • Datta Khalsa

    Seller's Agent in 2023

    Datta Khalsa

    Main Street Realtors

    (831) 818-0181

    1 in this area

    83 Total Sales

    Datta Khalsa
    Section Image

  • K

    Buyer's Agent in 2023

    Katia Mata Hinrichsen

    Katia Hinrichsen, J.D. Brkr

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Map

Source: MLSListings

MLS Number: ML81927198

MLSListings

APN: 544-38-034

California Santa Clara County Los Gatos 95033 Lexington HIlls

18065 La Verne Dr, Los Gatos, CA

This home is located at 18065 La Verne Dr, Los Gatos, CA 95033 since 31 March 2023 and is currently estimated at $1,007,122, approximately $1,171 per square foot. This property was built in 1925. 18065 La Verne Dr is a home located in Santa Clara County with nearby schools including Lexington Elementary School, Loma Prieta Elementary School, and C. T. English Middle School.

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