NOT LISTED FOR SALE

18331 Lexington Dr Monte Sereno, CA 95030

Estimated Value: $8,003,000 - $9,317,594

5 Beds
8 Baths
8,710 Sq Ft
$1,006/Sq Ft Est. Value

Last Sold August 25, 2021

Last sale price $7,800,000 $896 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $53,289/month

300 Days on Market

Highlights

  • Wine Cellar
  • Private Pool
  • Wood Flooring
  • Daves Avenue Elementary School Rated A
  • 1.28 Acre Lot
  • Marble Bathroom Countertops

About This Home

As of August 2021

This luxurious Monte Sereno estate is located in one of the most prestigious estate neighborhoods in Silicon Valley. Excellent floor plan w/ phenomenal architectural design features:Main home has 3 fantastic bedroom suites, amazing private library/office, plus gorgeous full guest quarters with kitchen, bedroom & bath. Separate pool cabana with full bedroom, bath, & kitchen (square footage includes cabana and guest quarters). Five Car Garage. City lights, mountain views, privacy gate, beautiful pool, minutes to Los Gatos plus fabulous Los Gatos Schools.

Last Agent to Sell the Property

Yuanzi Ren

Nova Land, Inc License #01939147 Listed on: 09/22/2020

Last Buyer's Agent

Bob Kamangar

Christie's International Real Estate Sereno License #01229105

Christie's International Real Estate Sereno

Home Details

Home Type

  • Single Family

Year Built

  • 1992

Lot Details

  • 1.28 Acre Lot
  • Gated Home
  • Back Yard

Parking

  • 5 Car Attached Garage
  • Garage Door Opener

Home Design

  • Permanent Foundation
  • Slab Foundation
  • Concrete Roof

Interior Spaces

  • 8,710 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • Skylights
  • Gas Fireplace
  • Double Pane Windows
  • Bay Window
  • Garden Windows
  • Formal Entry
  • Wine Cellar
  • Separate Family Room
  • Dining Area
  • Den
  • Library
  • Storage Room
  • Utility Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Gas Oven

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Marble Bathroom Countertops
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer

Pool

  • Private Pool
  • Solar Heated Pool

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Water Purifier is Owned

Home Details

Home Type

Single Family

Year Built

1992

Lot Details

0

Parking

5

Listing Details

  • Zoning: R144
  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 8710
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1992

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Burning
  • Dining Room: Dining Area, Eat In Kitchen
  • Kitchen: Oven - Gas, Oven Range, Pantry, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 8710
  • Stories: 3
  • Laundry: Inside, Washer / Dryer
  • Flooring: Hardwood
  • Additional Rooms: Den / Study / Office, Formal Entry, Laundry Room, Library, Storage, Utility Room, Wine Cellar / Storage
  • Full Bathrooms: 5
  • Half Bathrooms: 3
  • Total Bedrooms: 5
  • Bathroom: Marble, Primary - Stall Shower(s), Shower And Tub

Exterior Features

  • Foundation: Concrete Block, Permanent
  • Pool Description: Yes
  • Roof: Concrete
  • Yard/Grounds: Back Yard, Fenced
  • Fencing: Gate
  • Pool: Heated - Solar, Pool - Above Ground, Pool - Cover

Garage/Parking

  • Garage Spaces: 5
  • Garage Parking Features: Attached Garage, Drive Through, Gate / Door Opener

Utilities

  • Cooling System: Central Ac, Multi-Zone
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Bay Window, Garden Window, High Ceiling, Skylight, Walk-In Closet

Schools

  • High School: 262

Lot Info

  • Lot Description: Regular
  • Lot Acres: 1.2832
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 55896.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 55896.00

Green Features

  • Energy Features: Double Pane Windows, Skylight, Solar Heating - Pool

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2020
Closed on
Aug 3, 2021
Sold by
Pei Haoqin and Fu Xiao
Bought by
Peninsula Pointe Ventures Llc
Seller's Agent
Yuanzi Ren
Nova Land, Inc
Buyer's Agent
Bob Kamangar
Christie's International Real Estate Sereno
List Price
$11,999,000
Sold Price
$7,800,000
Premium/Discount to List
-$4,199,000
-34.99%
Current Estimated Value
$8,762,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$962,649
Avg. Annual Appreciation
2.67%

Purchase Details

Listed on
Jul 8, 2013
Closed on
Jan 8, 2014
Sold by
Tramiel Sam and Tramiel Felicia
Bought by
Pei Haoqin and Fu Xiao
Seller's Agent
Donald Knight
Compass
Buyer's Agent
Larry Zeng
A Plus Realty
List Price
$7,950,000
Sold Price
$6,830,000
Premium/Discount to List
-$1,120,000
-14.09%

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
$2,000,000
Interest Rate
4.46%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 31, 2012
Sold by
Tramiel Sam
Bought by
Tramiel Sam and Tramiel Felicia

Purchase Details

Closed on
Jun 26, 2001
Sold by
Tramiel Jack and Tramiel Helen
Bought by
Tramiel Jack and Tramiel Helen
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Peninsula Pointe Ventures Llc $7,800,000 Chicago Title
Pei Haoqin -- Old Republic Title Company
Tramiel Sam -- None Available
Tramiel Sam -- None Available
Tramiel Jack -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pei Haoqin $2,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/25/2021 08/25/21 Sold $7,800,000 -8.2% $896 / Sq Ft
07/20/2021 07/20/21 Pending -- -- --
03/26/2021 03/26/21 Price Changed $8,499,000 -29.2% $976 / Sq Ft
09/22/2020 09/22/20 For Sale $11,999,000 +75.7% $1,378 / Sq Ft
01/16/2014 01/16/14 Sold $6,830,000 -14.1% $640 / Sq Ft View Prior Sale
12/09/2013 12/09/13 Pending -- -- --
07/08/2013 07/08/13 For Sale $7,950,000 -- $744 / Sq Ft
Source: MLSListings

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 $92,887 $8,277,422 $4,775,436 $3,501,986
2024 $92,887 $8,115,120 $4,681,800 $3,433,320
2023 $91,441 $7,956,000 $4,590,000 $3,366,000
2022 $90,944 $7,800,000 $4,500,000 $3,300,000
2021 $90,585 $7,735,028 $4,643,283 $3,091,745
2020 $89,053 $7,655,715 $4,595,672 $3,060,043
2019 $87,898 $7,505,604 $4,505,561 $3,000,043
2018 $86,751 $7,358,436 $4,417,217 $2,941,219
2017 $86,645 $7,214,154 $4,330,605 $2,883,549
2016 $84,538 $7,072,701 $4,245,692 $2,827,009
2015 $84,151 $6,966,463 $4,181,918 $2,784,545
2014 $58,779 $4,808,538 $1,272,843 $3,535,695
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81812132

MLSListings

APN: 410-26-002