NOT LISTED FOR SALE

18518 Favre Ridge Rd Los Gatos, CA 95033

Estimated Value: $2,029,000 - $2,614,396

4 Beds
3 Baths
3,026 Sq Ft
$751/Sq Ft Est. Value

Last Sold August 23, 2022

Last sale price $2,912,500 $962 Per Sq Ft

Est. 22% decrease in value since last sale

Current estimated payment $14,030/month

15 Days on Market

Highlights

  • Ocean View
  • Primary Bedroom Suite
  • Deck
  • Lakeside Elementary School Rated A
  • Clubhouse
  • Soaking Tub in Primary Bathroom

About This Home

As of August 2022

Your private retreat with sweeping views of Santa Cruz and the Monterey Bay awaits you. This truly one-of-a-kind property features an open floor plan that leads you to the stunning primary suite with spa bath, large walk-in closet, and access to the expansive deck and surrounding views. The modern kitchen with marble countertops is perfect for entertaining your guests in the open living room and dining room with high ceilings and exposed beams. Two guest bedrooms with en-suite bathrooms lead to a separate laundry room and large 2 car garage. The 4th bedroom is the perfect space for your work-from-home office setup. This is California indoor-outdoor living at its finest. Enjoy your days and evenings on the deck under the grapevines and stars overlooking the mountains and spectacular coastline. Wildlife enthusiasts rejoice in spotting foxes, mountain cats, and a variety of bird species. Community features private hiking trails, center with pool and tennis, and community activities.

Last Agent to Sell the Property

Kimberly Legg

Avenue 8 License #02033812 Listed on: 07/07/2022

Avenue 8

Co-Listed By

Josh Rubin

Compass License #01995038

Last Buyer's Agent

Jodi Campion

Compass License #01357206

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,103

Year Built

  • 1978

Lot Details

  • 1.35 Acre Lot

HOA Fees

  • $247 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

  • Ocean
  • Ridge
  • Mountain
  • Valley

Home Design

  • Modern Architecture
  • Slab Foundation
  • Foam Roof

Interior Spaces

  • 3,026 Sq Ft Home
  • Beamed Ceilings
  • High Ceiling
  • 1 Fireplace
  • Dining Area
  • Concrete Flooring

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Range Hood
  • Dishwasher
  • Marble Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • 3 Full Bathrooms
  • Marble Bathroom Countertops
  • Dual Sinks
  • Dual Flush Toilets
  • Soaking Tub in Primary Bathroom
  • Bathtub with Shower
  • Oversized Bathtub in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Washer and Dryer

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Septic Tank

Community Details

Overview

  • Association fees include common area electricity, maintenance - common area, maintenance - road, management fee, organized activities, pool spa or tennis, recreation facility
  • Las Cumbres Association

Amenities

  • Clubhouse
  • Planned Social Activities

Recreation

  • Tennis Courts
  • Sport Court
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,103

Year Built

1978

Lot Details

0

HOA Fees

$247 per month

Parking

2

Listing Details

  • Zoning: R-1-1AC
  • Subclass: Single Family Home
  • Style: Modern / High Tech
  • Age: 44
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 119
  • Structure Sq Ft: 3026
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1978

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area
  • Kitchen: Cooktop - Electric, Countertop - Marble, Dishwasher, Hood Over Range, Oven - Electric, Pantry, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 3026
  • Bedrooms: Primary Suite / Retreat, Walk-In Closet
  • Laundry: In Utility Room, Inside, Washer / Dryer
  • Flooring: Concrete
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Dual Flush Toilet, Marble, Oversized Tub, Primary - Oversized Tub, Shower Over Tub - 1, Tub In Primary Bedroom, Tubs - 2+, Updated Bath

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Foam
  • View: Mountains, Ocean, Ridge, Valley
  • Yard/Grounds: Balcony / Patio, Deck

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air
  • Sewer/Septic System: Septic Connected

Condo/Co-op/Association

  • Complex Name: Las Cumbres
  • HOA Fees: 740
  • HOA Amenities: Bbq Area, Club House, Community Pool, Game Court (Outdoor), Organized Activities, Playground, Tennis Court / Facility
  • HOA Fee Frequency: Quarterly
  • Association Fees Include: Common Area Electricity, Maintenance - Common Area, Maintenance - Road, Management Fee, Organized Activities, Pool, Spa, Or Tennis, Recreation Facility
  • HOA Exist: Yes
  • H O A Name Text: Las Cumbres

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Open Beam Ceiling, Walk-In Closet

Schools

  • School District: Los Gatos-Saratoga Joint Union High

Lot Info

  • Lot Description: Views
  • Lot Acres: 1.3520
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 58893.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 58893.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2022
Closed on
Aug 18, 2022
Sold by
Binti Forsberg and Binti Azizah
Bought by
Moody Karen E and Moody John H
Seller's Agent
Kimberly Legg
Avenue 8
Buyer's Agent
Jodi Campion
Compass
List Price
$3,095,000
Sold Price
$2,912,500
Premium/Discount to List
-$182,500
-5.9%
Current Estimated Value
$2,272,599

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$639,901
Avg. Annual Appreciation
-7.45%
Original Mortgage
$1,500,000
Outstanding Balance
$1,411,743
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$891,662

Purchase Details

Closed on
Sep 2, 2020
Sold by
Tretikov Lila A
Bought by
Forsbeg Neil and Mohd Azizah Binti

Purchase Details

Closed on
Jul 10, 2007
Sold by
Duquette William L and Duquette Elizabeth E
Bought by
Tretikov Lila A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.73%
Mortgage Type
Unknown
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
Moody Karen E $2,912,500 Lawyers Title
Forsbeg Neil $2,488,000 Lawyers Title Company
Forsberg Amelia Suhani -- Lawyers Title Company
Tretikov Lila A $1,300,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moody Karen E $1,500,000
Previous Owner Tretikov Lila A $240,000
Previous Owner Tretikov Lila A $720,000
Previous Owner Tretikov Lila A $1,000,000
Previous Owner Duquette William L $100,000
Previous Owner Duquette William L $83,600
Previous Owner Duquette William L $96,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2022 08/23/22 Sold $2,912,500 -5.9% $962 / Sq Ft
07/23/2022 07/23/22 Pending -- -- --
07/07/2022 07/07/22 For Sale $3,095,000 -- $1,023 / 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 $17,103 $1,533,641 $1,058,212 $475,429
2023 $16,694 $1,474,088 $1,017,121 $456,967
2022 $28,616 $2,537,760 $1,649,544 $888,216
2021 $28,040 $2,488,000 $1,617,200 $870,800
2020 $18,002 $1,561,363 $889,977 $671,386
2019 $17,446 $1,530,749 $872,527 $658,222
2018 $17,024 $1,487,564 $847,914 $639,650
2017 $16,337 $1,403,362 $799,919 $603,443
2016 $14,496 $1,264,290 $720,647 $543,643
2015 $13,085 $1,139,000 $649,231 $489,769
2014 $10,752 $926,016 $527,830 $398,186
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2022

    Kimberly Legg

    Avenue 8

    Section Image
  • Josh Rubin

    Seller Co-Listing Agent in 2022

    Josh Rubin

    Compass

    (650) 575-5981

    116 Total Sales

    Josh Rubin
    Section Image

  • J

    Buyer's Agent in 2022

    Jodi Campion

    Compass

See All Agents

Map

Source: MLSListings

MLS Number: ML81899320

MLSListings

APN: 088-261-08-000

California Santa Cruz County Los Gatos 95033

18518 Favre Ridge Rd, Los Gatos, CA

This home is located at 18518 Favre Ridge Rd, Los Gatos, CA 95033 since 07 July 2022 and is currently estimated at $2,272,599, approximately $751 per square foot. This property was built in 1978. 18518 Favre Ridge Rd is a home located in Santa Cruz County with nearby schools including Lakeside Elementary School and Los Gatos High School.

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