NOT LISTED FOR SALE

Estimated Value: $3,065,000 - $3,780,084

4 Beds
4.5 Baths
4,475 Sq Ft
$769/Sq Ft Est. Value

Last Sold February 05, 2021

Last sale price $2,825,000 $631 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $21,605/month

223 Days on Market

Highlights

  • New Construction
  • Primary Bedroom Suite
  • Mountain View
  • Lexington Elementary School Rated A-
  • Custom Home
  • Vaulted Ceiling

About This Home

As of February 2021

Rare opportunity to unquestionably own one of the best brand new contemporary estates in Los Gatos*This custom estate is over 4,600 SQFT with an enormous three car garage*This entertainers dream home was designed by Gary Kohlsaat and built by Massei Construction in 2020 and has 4 oversized bedrooms, 4.5 stunning interior designed bathrooms, and the huge downstairs bonus room could be a ground floor in-law suite*This estate includes an open epicurean kitchen and family room w/ top of the line Thermadore column series refrigerator, freezer, and wine storage*Enormous center island w/ quartz stone*European white oak hardwood floors, designer lighting fixtures, Jeld Wen windows, 5 foot linear fireplace, tall glass shower enclosures, walk in closets, custom cabinetry, & two laundry rooms*Just minutes to downtown, this estate is immersed in nature as it lies in the hills with captivating views*Los Gatos Distinguised Public Schools*Surrounded by other brand new $4M to $8M custom homes!!

Last Agent to Sell the Property

Joe Piazza

Coldwell Banker Realty License #01411341 Listed on: 05/29/2020

Coldwell Banker Realty

Last Buyer's Agent

Ginny Kavanaugh

Coldwell Banker Realty License #00884747

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,358

Year Built

  • 2020

Lot Details

  • 0.5 Acre Lot
  • Back Yard Fenced
  • Sprinklers on Timer

Parking

  • 3 Car Garage
  • Garage Door Opener
  • Secured Garage or Parking
  • Guest Parking

Property Views

  • Mountain
  • Hills
  • Garden
  • Park or Greenbelt
  • Neighborhood

Home Design

  • Custom Home
  • Contemporary Architecture
  • Farmhouse Style Home
  • Modern Architecture
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Ceiling Insulation
  • Composition Roof
  • Metal Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,475 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Formal Entry
  • Great Room
  • Separate Family Room
  • Dining Area
  • Den

Kitchen

  • Breakfast Room
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Double Oven
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Marble Countertops
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Walk-In Closet
  • Marble Bathroom Countertops
  • Granite Bathroom Countertops
  • Dual Sinks
  • Soaking Tub in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Oversized Bathtub in Primary Bathroom
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level

Home Security

  • Security Lights
  • Alarm System
  • Fire and Smoke Detector
  • Fire Sprinkler System
  • Fire Suppression System

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Heating System Uses Gas
  • Thermostat
  • Propane
  • Septic Tank

Community Details

Overview

Amenities

  • Courtyard

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,358

Year Built

2020

Lot Details

0

Parking

3

Listing Details

  • Zoning: HS-SR
  • Subclass: Single Family Home
  • Style: Contemporary, Custom, Farm House, Modern / High Tech
  • Estimated Completion Date: 05/29/2020
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 4
  • Structure Sq Ft: 4475
  • Construction: Completed-Never Occupied, New Construction
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2020

Interior Features

  • Family Room: Kitchen / Family Room Combo, Separate Family Room
  • Fireplace: Gas Burning, Gas Starter
  • Dining Room: Breakfast Bar, Breakfast Nook, Breakfast Room, Dining Area, Dining Bar, Eat In Kitchen
  • Kitchen: Countertop - Granite, Countertop - Marble, Dishwasher, Freezer, Island, Microwave, Oven - Double, Oven Range - Built-In, Pantry, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 4475
  • Security: Fire Alarm, Fire System - Sprinkler, Fire System - Suppression, Secured Garage / Parking, Security Alarm, Security Lights
  • Bedrooms: Ground Floor Bedroom, Primary Bedroom On Ground Floor, Primary Suite / Retreat, Primary Suite / Retreate - 2+, Walk-In Closet
  • Laundry: Upper Floor
  • Flooring: Carpet, Hardwood, Marble, Tile
  • Additional Rooms: Den / Study / Office, Formal Entry, Great Room, Laundry Room
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Granite, Marble, Primary - Oversized Tub, Primary - Stall Shower(s), Tile, Tub With Jets

Exterior Features

  • Foundation: Concrete Perimeter And Slab, Pillars / Posts / Piers
  • Roof: Composition, Metal
  • View: Garden / Greenbelt, Greenbelt, Hills, Mountains, Neighborhood
  • Yard/Grounds: Courtyard, Fenced, Sprinklers - Auto, Sprinklers - Lawn
  • Fencing: Fenced Back
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 3
  • Parking Spaces: 1
  • Garage Max: 3
  • Garage Min: 3
  • Garage Parking Features: Attached Garage, Gate / Door Opener, Guest / Visitor Parking

Utilities

  • Cooling System: Ceiling Fan, Central Ac, Multi-Zone
  • Heating System: Central Forced Air, Central Forced Air - Gas, Fireplace, Gas
  • Sewer/Septic System: Septic Connected

Condo/Co-op/Association

  • Complex Name: Castle Hill Estates

Association/Amenities

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

Schools

  • School District: Los Gatos-Saratoga Joint Union High
  • Elementary School: Lexington Elementary
  • Middle School: Raymond J. Fisher Middle
  • High School: Los Gatos High
  • High School: 262
  • Elementary School: 142
  • Middle School: 141

Lot Info

  • Lot Description: Grade - Varies
  • Lot Acres: 0.5009
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 21821.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 21821.00

Green Features

  • Energy Features: Ceiling Insulation, Double Pane Windows, Thermostat Controller

Multi Family

  • Utilities: Propane On Site, Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2020
Closed on
Jan 12, 2021
Sold by
Vinco Development Llc
Bought by
Fadell Michael and Fadell Melody Dawn
Seller's Agent
Joe Piazza
Coldwell Banker Realty
Buyer's Agent
Ginny Kavanaugh
Coldwell Banker Realty
List Price
$3,850,000
Sold Price
$2,825,000
Premium/Discount to List
-$1,025,000
-26.62%
Current Estimated Value
$3,439,771

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$614,771
Avg. Annual Appreciation
4.45%
Original Mortgage
$300,000
Outstanding Balance
$269,065
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$3,170,706
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
Fadell Michael $2,825,000 Stewart Title Of Ca Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fadell Michael $200,000
Open Fadell Michael $300,000
Closed Fadell Michael $250,000
Closed Fadeil Michael $300,000
Closed Fadell Michael $100,000
Open Fadell Michael $1,892,500
Previous Owner Vinco Development Corporation $3,755,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2021 02/05/21 Sold $2,825,000 +0.9% $631 / Sq Ft
01/08/2021 01/08/21 Pending -- -- --
12/14/2020 12/14/20 Price Changed $2,798,888 -6.7% $625 / Sq Ft
09/24/2020 09/24/20 Price Changed $2,998,888 -6.2% $670 / Sq Ft
09/03/2020 09/03/20 Price Changed $3,198,000 -8.6% $715 / Sq Ft
07/02/2020 07/02/20 Price Changed $3,498,000 -9.1% $782 / Sq Ft
05/29/2020 05/29/20 For Sale $3,850,000 -- $860 / 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 $34,358 $3,057,868 $1,325,978 $1,731,890
2024 $34,358 $2,997,911 $1,299,979 $1,697,932
2023 $33,769 $2,939,130 $1,274,490 $1,664,640
2022 $33,540 $2,881,500 $1,249,500 $1,632,000
2021 $25,377 $2,154,271 $79,271 $2,075,000
2020 $15,527 $1,310,559 $78,459 $1,232,100
2019 $9,069 $742,521 $76,921 $665,600
2018 $1,283 $75,413 $75,413 $0
2017 $1,281 $73,935 $73,935 $0
2016 $1,247 $72,486 $72,486 $0
2015 $1,243 $71,398 $71,398 $0
2014 $1,232 $70,000 $70,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81794510

MLSListings

APN: 558-37-038