NOT LISTED FOR SALE

18490 Withey Rd Monte Sereno, CA 95030

Estimated Value: $6,646,000 - $8,348,556

5 Beds
2.5 Baths
5,097 Sq Ft
$1,418/Sq Ft Est. Value

Last Sold May 10, 2021

Last sale price $6,150,000 $1,207 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $44,550/month

167 Days on Market

Highlights

  • Wine Cellar
  • Private Pool
  • Primary Bedroom Suite
  • Daves Avenue Elementary School Rated A
  • Solar Power System
  • Granite Flooring

About This Home

As of May 2021

Unique, park-like retreat offers absolute privacy on a sprawling 2.59 acres near Downtown Los Gatos. Surrounded by trees & canyon views, this home was restored in 1997 and is situated on some of the most usable land of any parcel in the area. This 7,345 SF home (including 2,248 SF basement) is a dramatic blend of Craftsman architecture & Zen-inspired gardens leading into an interior harmonizing Art Deco flair w/modern luxury. Enjoy grand-scale entertaining in formal gathering rooms & outdoor terraces, and access to a professional-grade kitchen. Flexible spaces include an expansive upstairs & a lower level w/ gym, rec room, & wine storage. The meandering grounds, originally landscaped by the designer of Golden Gate Park, showcase a multilevel koi pond unfolding to a heated pool, spa, outdoor shower & kitchen. Energy upgrades incl. solar panels & backup generator. Live in an award-winning school district, close to trails and a village-like downtown, safe in the heart of Silicon Valley.

Last Agent to Sell the Property

Ducky Grabill

Christie's International Real Estate Sereno License #01018603 Listed on: 11/02/2020

Christie's International Real Estate Sereno

Last Buyer's Agent

Lucy Wedemeyer

Christie's International Real Estate Sereno License #00640875

Christie's International Real Estate Sereno

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $74,279

Year Built

  • 1915

Lot Details

  • 2.59 Acre Lot
  • Gated Home
  • Property is Fully Fenced
  • Secluded Lot
  • Sprinklers on Timer
  • Mostly Level
  • Grass Covered Lot
  • Back Yard

Parking

  • 3 Car Detached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Craftsman Architecture
  • Wood Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,097 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Formal Entry
  • Wine Cellar
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Library
  • Recreation Room
  • Views of Hills
  • Alarm System
  • Attic
  • Finished Basement

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Gas Oven
  • Gas Cooktop
  • Dishwasher

Flooring

  • Wood
  • Granite
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer

Eco-Friendly Details

  • Solar Power System

Outdoor Features

  • Private Pool
  • Balcony
  • Outdoor Kitchen
  • Gazebo

Utilities

  • Forced Air Heating System
  • Thermostat
  • Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$74,279

Year Built

1915

Lot Details

0

Parking

3

Listing Details

  • Zoning: R44
  • Subclass: Single Family Home
  • Style: Craftsman
  • Age: 105
  • Listing Class: Residential
  • Structure Sq Ft: 5097
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1915

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Gas Starter, Living Room, Wood Burning
  • Dining Room: Breakfast Nook, Formal Dining Room
  • Kitchen: Cooktop - Gas, Countertop - Other, Dishwasher, Oven - Gas, Pantry, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 5097
  • Stories: 2
  • Security: Security Alarm
  • Bedrooms: Primary Suite / Retreat, Walk-In Closet
  • Laundry: Inside, Washer / Dryer
  • Flooring: Granite, Hardwood, Tile
  • Additional Rooms: Attic, Basement - Finished, Basement - Unfinished, Den / Study / Office, Formal Entry, Laundry Room, Library, Office Area, Recreation Room, Storage, Wine Cellar / Storage
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Bathroom: Primary - Stall Shower(s), Stall Shower, Tub In Primary Bedroom

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Yes
  • Roof: Wood Shakes / Shingles
  • View: Hills
  • Yard/Grounds: Back Yard, Balcony / Patio, Gazebo, Low Maintenance, Outdoor Kitchen, Sprinklers - Auto
  • Fencing: Complete Perimeter, Fenced, Gate
  • Pool: Pool - Heated, Spa / Hot Tub

Garage/Parking

  • Garage Spaces: 3
  • Garage Max: 3
  • Garage Min: 3
  • Garage Parking Features: Detached Garage, Gate / Door Opener, Off-Street Parking

Utilities

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

Association/Amenities

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

Schools

  • School District: Los Gatos-Saratoga Joint Union High
  • Elementary School: Daves Avenue Elementary
  • Middle School: Raymond J. Fisher Middle
  • High School: Los Gatos High
  • High School: 262
  • Elementary School: 140
  • Middle School: 141

Lot Info

  • Lot Description: Grade - Mostly Level, Private / Secluded, Views
  • Lot Acres: 2.5900
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 112820.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 112820.00

Green Features

  • Energy Features: Solar Power, Thermostat Controller

Multi Family

  • Utilities: Public Utilities, Solar Panels - Owned

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2020
Closed on
Apr 21, 2021
Sold by
Galanos Gregory P and Labbe Carole L
Bought by
Ho9fman Peter Reed and Peter Reed Hofman Revocable Li
Seller's Agent
Ducky Grabill
Christie's International Real Estate Sereno
Buyer's Agent
Lucy Wedemeyer
Christie's International Real Estate Sereno
List Price
$6,998,000
Sold Price
$6,150,000
Premium/Discount to List
-$848,000
-12.12%
Total Days on Market
167
Current Estimated Value
$7,228,185

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,078,185
Avg. Annual Appreciation
2.46%
Original Mortgage
$2,000,000
Outstanding Balance
$1,818,496
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$4,969,987

Purchase Details

Closed on
Jun 9, 2016
Sold by
Carole Galanos Gregory P and Abbe Carole L
Bought by
Duncan Kenneth J and Sheibani Shida

Purchase Details

Closed on
Nov 30, 2012
Sold by
Galanos Gregory P
Bought by
Carole Galanos Gregory P and Abbe Carole L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$401,400
Interest Rate
3.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 23, 2002
Sold by
Galanos Gregory P
Bought by
Galanos Gregory P and Labbe Carole

Purchase Details

Closed on
Nov 5, 1999
Sold by
Galanos Gregory P and Galanos Carole Labbe
Bought by
Galanos Gregory P and Labbe Carole

Purchase Details

Closed on
Nov 20, 1996
Sold by
Carl Cooper J and Carl Lorelei M
Bought by
Galanos Gregory P and Labbe Carole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 28, 1996
Sold by
Cooper J Carl and Cooper Lorelei M
Bought by
Cooper J Carl and Cooper Lorelei M

Purchase Details

Closed on
Oct 19, 1995
Sold by
Morrill Gloria R
Bought by
Pimentel Albert A and Pimentel Laurie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
7.67%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Ho9fman Peter Reed $6,150,000 Stewart Title
Duncan Kenneth J $10,000 Orange Coast Title Co Norcal
Carole Galanos Gregory P -- Ticor Title Company Of Ca
Galanos Gregory P -- Ticor Title Company Of Calif
Galanos Gregory P -- First American Title Company
Galanos Gregory P -- First American Title Company
Galanos Gregory P -- First American Title Company
Galanos Gregory P -- --
Galanos Gregory P $1,100,000 Fidelity National Title Co
Cooper J Carl -- --
Pimentel Albert A $950,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ho9fman Peter Reed $2,000,000
Previous Owner Galanos Gregory P $401,400
Previous Owner Galanos Gregory P $417,000
Previous Owner Galanos Gregory P $900,000
Previous Owner Galanos Gregory P $1,100,000
Previous Owner Galanos Gregory P $500,000
Previous Owner Galanos Gregory P $700,000
Previous Owner Galanos Gregory P $500,000
Previous Owner Pimentel Albert A $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2021 05/10/21 Sold $6,150,000 +2.5% $1,207 / Sq Ft
04/19/2021 04/19/21 Pending -- -- --
04/01/2021 04/01/21 Price Changed $5,999,000 -6.2% $1,177 / Sq Ft
02/01/2021 02/01/21 Price Changed $6,395,000 -6.6% $1,255 / Sq Ft
12/21/2020 12/21/20 Price Changed $6,849,000 -2.1% $1,344 / Sq Ft
11/02/2020 11/02/20 For Sale $6,998,000 -- $1,373 / 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
2024 $74,279 $6,526,429 $4,934,617 $1,591,812
2023 $73,100 $6,398,460 $4,837,860 $1,560,600
2022 $72,735 $6,273,000 $4,743,000 $1,530,000
2021 $36,662 $3,122,785 $1,647,616 $1,475,169
2020 $36,054 $3,090,765 $1,630,722 $1,460,043
2019 $35,603 $3,030,163 $1,598,748 $1,431,415
2018 $35,151 $2,970,749 $1,567,400 $1,403,349
2017 $35,117 $2,912,500 $1,536,667 $1,375,833
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81818488

MLSListings

APN: 510-54-029