NOT LISTED FOR SALE

Estimated Value: $3,575,000 - $4,669,000

4 Beds
3 Baths
2,815 Sq Ft
$1,490/Sq Ft Est. Value

Last Sold October 30, 2019

Last sale price $2,915,500 $1,036 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $25,205/month

Highlights

  • Wood Flooring
  • Garden View
  • Formal Dining Room
  • Daves Avenue Elementary School Rated A
  • Wine Refrigerator
  • Open to Family Room

About This Home

As of December 2019

This gorgeous Silicon Valley estate is situated in the quaint town of Monte Sereno. With over 2,800 SF, this 4-bedroom, 3-bath home is beautifully appointed with elegance in every room. French doors lead to a southern-style porch and a fantastic back yard w/ an expansive lawn and built-in play structure. The Chefs inspired kitchen is equipped with a Sub-Zero refrigerator and GE Monogram appliances, wine refrigerator, granite countertop & backsplash. The home features natural hardwood flooring throughout, LED recessed lighting, ceiling fans, crown molding, a beautiful marble framed fireplace in the sitting room and great room. Enjoy a spacious master suite w/ a fully-remodeled bathroom featuring custom glass shower doors, separate soaking tub, marble countertops, tile flooring and a spacious cedar planked walk-in closet. Equipped w/ a 2-car garage and dual electric vehicle charging stations, and only minutes to downtown Los Gatos & Saratoga. (Flexible Lease Options Available)

Last Agent to Rent the Property

Mike Sullivan

SRE Asset Management Inc License #01365313 Listed on: 11/05/2019

Last Renter's Agent

Mike Sullivan

SRE Asset Management Inc License #01365313 Listed on: 11/05/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $37,603

Year Built

  • 1998

Lot Details

  • 0.42 Acre Lot
  • Back Yard

Parking

  • 2 Car Garage
  • Electric Vehicle Home Charger
  • Guest Parking
  • On-Street Parking
  • Uncovered Parking

Interior Spaces

  • 2,815 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Double Pane Windows
  • Formal Dining Room
  • Garden Views

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Thermostat

Listing and Financial Details

  • Security Deposit $9,000
  • Property Available on 11/5/19
  • Rent includes gardener, manager
  • 6-Month Min and 12-Month Max Lease Term

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,603

Year Built

1998

Lot Details

0

Parking

2

Rental Info

  • Available: 11/05/2019
  • Maximum Lease Months: 12
  • Minimum Lease Months: 6
  • Rent Includes: Gardener, Manager
  • Security Deposit: 9000

Listing Details

  • Subclass: House For Rent
  • Age: 21
  • Listing Class: Residential Lease/Rental
  • Structure Sq Ft: 2815
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1998

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Dining Room: Dining Area, Eat In Kitchen, Formal Dining Room
  • Kitchen: Cooktop - Gas, Dishwasher, Island, Microwave, Oven - Gas, Refrigerator, Wine Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 2815
  • Stories: 2
  • Laundry: Washer / Dryer
  • Flooring: Hardwood, Tile
  • Additional Rooms: Laundry Room
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bedrooms: 4

Exterior Features

  • View: Garden / Greenbelt
  • Yard/Grounds: Back Yard, Storage Shed / Structure

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 3
  • Garage Parking Features: Attached Garage, Electric Car Hookup, Guest / Visitor Parking, On Street, Uncovered Parking

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air

Condo/Co-op/Association

  • Complex Name: NA

Schools

  • School District: Los Gatos-Saratoga Joint Union High
  • Elementary School: Daves Avenue Elementary
  • High School: Los Gatos High
  • High School: 262
  • Elementary School: 140

Lot Info

  • Lot Acres: 0.4218
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 18374.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 18374.00

Green Features

  • Energy Features: Double Pane Windows, Thermostat Controller

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2019
Closed on
Oct 20, 2019
Sold by
Harris Marina
Bought by
Rafia Eric S and Rafia Jenny C
Seller's Agent
Mike Sullivan
SRE Asset Management Inc
Buyer's Agent
Mike Sullivan
SRE Asset Management Inc
Sold Price
$8,500
Current Estimated Value
$4,031,139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,022,639
Avg. Annual Appreciation
6.40%
Original Mortgage
$1,895,075
Outstanding Balance
$1,627,117
Interest Rate
2.12%
Mortgage Type
New Conventional
Estimated Equity
$2,548,247

Purchase Details

Listed on
Sep 23, 2014
Closed on
Nov 21, 2014
Sold by
Harris Phillip
Bought by
Harris Marina F
Seller's Agent
Barbara Werner
KW Bay Area Estates
Buyer's Agent
Daniel Walker
Compass
List Price
$2,799,000
Sold Price
$2,675,000
Premium/Discount to List
-$124,000
-4.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.76%
Original Mortgage
$1,872,500
Interest Rate
5.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Sep 23, 2014
Closed on
Nov 17, 2014
Sold by
Schechter Bruce D and Schechter Hemmie S
Bought by
Harris Marina
Seller's Agent
Barbara Werner
KW Bay Area Estates
Buyer's Agent
Daniel Walker
Compass
List Price
$2,799,000
Sold Price
$2,675,000
Premium/Discount to List
-$124,000
-4.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,872,500
Interest Rate
5.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 2, 2009
Sold by
Schechter Bruce D and Schechter Hemmie S
Bought by
Schechter Bruce D and Schechter Hemmie S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2001
Sold by
Schechter Bruce D and Schechter Hemmie S
Bought by
Schechter Bruce D and Schechter Hemmie S
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
Rafia Eric S $2,915,500 Cornerstone Title Company
Harris Marina F -- Chicago Title Company
Harris Marina $2,675,000 Chicago Title Company
Schechter Bruce D -- Accommodation
Schechter Bruce D -- Chicago Title Company
Schechter Bruce D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rafia Eric S $1,895,075
Previous Owner Harris Marina F $1,872,500
Previous Owner Schechter Bruce D $533,000
Previous Owner Schechter Bruce D $417,000
Previous Owner Schechter Bruce D $250,000
Previous Owner Schechter Bruce D $150,000
Previous Owner Schechter Bruce D $250,000
Previous Owner Schechter Bruce D $100,000
Previous Owner Schechter Bruce $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2019 12/13/19 Rented $8,500 -5.6% --
12/11/2019 12/11/19 Under Contract -- -- --
11/21/2019 11/21/19 Price Changed $9,000 -8.2% $3 / Sq Ft
11/05/2019 11/05/19 For Rent $9,800 0.0% --
10/30/2019 10/30/19 Sold $2,915,500 -2.8% $1,036 / Sq Ft
09/28/2019 09/28/19 Pending -- -- --
09/26/2019 09/26/19 Price Changed $2,999,000 -8.3% $1,065 / Sq Ft
09/06/2019 09/06/19 Price Changed $3,270,000 -5.9% $1,162 / Sq Ft
08/16/2019 08/16/19 Price Changed $3,475,000 -5.4% $1,234 / Sq Ft
08/02/2019 08/02/19 For Sale $3,675,000 +37.4% $1,306 / Sq Ft
11/26/2014 11/26/14 Sold $2,675,000 -4.4% $950 / Sq Ft
10/13/2014 10/13/14 Pending -- -- --
09/23/2014 09/23/14 For Sale $2,799,000 -- $994 / 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 $37,603 $3,297,474 $2,570,613 $726,861
2024 $37,603 $3,214,436 $2,520,209 $694,227
2023 $36,977 $3,151,409 $2,470,794 $680,615
2022 $36,868 $3,089,618 $2,422,348 $667,270
2021 $35,341 $2,945,704 $2,374,851 $570,853
2020 $34,732 $2,915,500 $2,350,500 $565,000
2019 $34,548 $2,882,018 $2,127,846 $754,172
2018 $34,087 $2,825,509 $2,086,124 $739,385
2017 $34,027 $2,770,108 $2,045,220 $724,888
2016 $33,183 $2,715,793 $2,005,118 $710,675
2015 $33,008 $2,675,000 $1,975,000 $700,000
2014 $10,924 $830,383 $405,973 $424,410
Source: Public Records

Agents Affiliated with this Home

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Source: MLSListings

MLS Number: ML81774693

MLSListings

APN: 510-12-016