NOT LISTED FOR SALE

18086 Reed Knoll Rd Los Gatos, CA 95033

Estimated Value: $1,566,757 - $2,579,000

3 Beds
2 Baths
2,489 Sq Ft
$755/Sq Ft Est. Value

Last Sold November 08, 2017

Last sale price $1,238,000 $497 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $11,763/month

22 Days on Market

Highlights

  • Tennis Courts
  • Solar Heated In Ground Pool
  • Deck
  • Lakeside Elementary School Rated A
  • City Lights View
  • Contemporary Architecture

About This Home

As of November 2017

Located in the top rated Los Gatos school district, this well-maintained, Eichler-style home is in the desirable mountain community of Las Cumbres. 3 BR/2 BA, a thoughtful floor plan, many skylights and stunning floor to ceiling windows in the living room. Unique views include mountains and twinkling Silicon Valley lights. Perfect for entertaining or as a quiet retreat. A spacious deck under majestic oaks provides a wonderful atmosphere for entertaining. Large separate structure can function as over-size garage and/or workshop. This home benefits from special Las Cumbres features, including a community center, large swimming pool, on-site fire station, playing field, tennis, basketball and bocci ball courts, 1000 acres of hiking trails, and a welcoming community with many social opportunities. Forced air heating / air conditioning plus a wood-burning fireplace for romantic evenings or family marshmallow roasts! Internet service provided by Hilltop Internet Inc.

Last Agent to Sell the Property

Barbara Harriman

Coldwell Banker Realty License #01389088 Listed on: 09/15/2017

Last Buyer's Agent

Kimberly Copher

Coldwell Banker Realty License #01423875

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,912

Year Built

  • Built in 1993

Lot Details

  • 0.87 Acre Lot
  • North Facing Home
  • Hilly Lot
  • Zoning described as R-1-1AC

HOA Fees

  • $220 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • 2 Carport Spaces
  • Guest Parking
  • Off-Street Parking

Property Views

  • Skyline
  • Mountain
  • Forest

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,489 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Skylights
  • Double Pane Windows
  • Living Room with Fireplace
  • Dining Area
  • Workshop

Kitchen

  • Electric Cooktop
  • Range Hood
  • Dishwasher
  • Tile Countertops
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry in Utility Room
  • Washer and Dryer

Pool

  • Solar Heated In Ground Pool
  • Gunite Pool

Outdoor Features

  • Tennis Courts
  • Deck
  • Barbecue Area

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Power Generator
  • Propane
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 088-231-06-000

Community Details

Overview

  • Association fees include common area electricity, common area gas, insurance - common area, maintenance - common area, maintenance - road, management fee, organized activities, pool spa or tennis
  • Las Cumbres Conservation Corp Association
  • Built by Las Cumbres Conservation Corp
  • Greenbelt

Amenities

  • Planned Social Activities

Recreation

  • Tennis Courts
  • Sport Court
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,912

Year Built

Built in 1993

Lot Details

0

HOA Fees

$220 per month

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Contemporary
  • Restrictions: Neighborhood Approval
  • Age: 24
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 120
  • Structure Sq Ft: 2489
  • Complex Name: Las Cumbres Conservation Corp
  • Year Built: 1993
  • Zoning Description: R-1-1AC
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room
  • Dining Room: Dining Area
  • Kitchen: Cooktop - Electric, Countertop - Tile, Dishwasher, Garbage Disposal, Hood Over Range, Refrigerator, Trash Compactor
  • Living Sq Ft: 2489
  • Stories: 1
  • Bedrooms: Primary Bedroom on Ground Floor, More than One Bedroom on Ground Floor, Walk-in Closet
  • Laundry: Electricity Hookup (220V), In Utility Room, Inside, Washer / Dryer
  • Flooring: Carpet, Hardwood, Tile
  • Additional Rooms: Workshop
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Full on Ground Floor, Shower over Tub - 1, Skylight, Stall Shower
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Community Facility, Heated - Solar, Pool - Gunite, Pool - In Ground
  • Roof: Composition
  • View: City Lights, Forest / Woods, Mountains
  • Yard/Grounds: BBQ Area, Deck, Tennis Court
  • Pool: Yes
  • Property Faces: North
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 4
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Carport, Covered Parking, Detached Garage, Guest / Visitor Parking, Off-Street Parking
  • Carport Min: 2

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air, Fireplace, Propane
  • Sewer/Septic System: Existing Septic

Condo/Co-op/Association

  • HOA Fees: 660
  • HOA Amenities: BBQ Area, Community Pool, Game Court (Outdoor), Garden / Greenbelt / Trails, Organized Activities, Tennis Court / Facility
  • HOA Documents: Articles of Incorporation, Budget, Bylaws, CC&RS, Financial Statement, Minutes, Rules & Regulations
  • HOA Fee Frequency: Quarterly
  • Association Fees Include: Common Area Electricity, Common Area Gas, Insurance - Common Area, Maintenance - Common Area, Maintenance - Road, Management Fee, Organized Activities, Pool, Spa, or Tennis
  • H O A Name Text: Las Cumbres Conservation Corp
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Skylight

Schools

  • School District: Los Gatos-Saratoga Joint Union High

Lot Info

  • Lot Description: Grade - Hilly
  • Parcel Number: 088-231-06-000
  • Lot Acres: 0.8740
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 38071.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 38071.00

Green Features

  • Energy Features: Double Pane Windows

Multi Family

  • Utilities: Generator, Propane On Site, Public Utilities

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2017
Closed on
Oct 31, 2017
Sold by
Stanger Philip and Murphy Lise
Bought by
Stepp Mary M and Stepp Derrill C
Seller's Agent
Barbara Harriman
Coldwell Banker Realty
Buyer's Agent
Kimberly Copher
Coldwell Banker Realty
List Price
$1,295,000
Sold Price
$1,238,000
Premium/Discount to List
-$57,000
-4.4%
Current Estimated Value
$1,878,689

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$640,689
Avg. Annual Appreciation
5.49%
Original Mortgage
$928,500
Outstanding Balance
$779,482
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$1,099,207

Purchase Details

Listed on
Jun 18, 2015
Closed on
Sep 2, 2015
Sold by
Kemling Jo Loyd and The Jo W Kemling Trust Ii
Bought by
Stanger Philip and Murphy Lise
Seller's Agent
Anderson Christie
Anderson Christie, Inc.
Buyer's Agent
Christine Pimlott
Compass
List Price
$1,175,000
Sold Price
$1,150,000
Premium/Discount to List
-$25,000
-2.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.46%
Original Mortgage
$920,000
Interest Rate
3.97%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Stepp Mary M $1,238,000 Cornerstone Title Company
Stanger Philip $1,150,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stepp Mary M $928,500
Previous Owner Stanger Philip $920,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2017 11/08/17 Sold $1,238,000 -4.4% $497 / Sq Ft
10/08/2017 10/08/17 Pending -- -- --
09/15/2017 09/15/17 For Sale $1,295,000 +12.6% $520 / Sq Ft
09/08/2015 09/08/15 Sold $1,150,000 -2.1% $462 / Sq Ft
08/07/2015 08/07/15 Pending -- -- --
06/18/2015 06/18/15 For Sale $1,175,000 -- $472 / 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 $15,912 $1,408,633 $986,043 $422,590
2023 $15,527 $1,353,934 $947,754 $406,180
2022 $15,650 $1,327,386 $929,170 $398,216
2021 $15,276 $1,301,359 $910,951 $390,408
2020 $15,140 $1,288,016 $901,611 $386,405
2019 $14,644 $1,262,760 $883,932 $378,828
2018 $14,412 $1,238,000 $866,600 $371,400
2017 $13,896 $1,173,000 $821,100 $351,900
2016 $13,322 $1,150,000 $805,000 $345,000
2015 $5,917 $513,356 $210,800 $302,556
2014 $5,806 $503,300 $206,670 $296,630
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81678025

MLSListings

APN: 088-231-06-000