NOT LISTED FOR SALE

18554 Favre Ridge Rd Los Gatos, CA 95033

Estimated Value: $1,372,740 - $1,689,000

3 Beds
2 Baths
2,203 Sq Ft
$695/Sq Ft Est. Value

Last Sold November 06, 2013

Last sale price $780,000 $354 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $9,265/month

22 Days on Market

Highlights

  • Ocean View
  • Wine Cellar
  • Wood Burning Stove
  • Lakeside Elementary School Rated A
  • Primary Bedroom Suite
  • Living Room with Fireplace

About This Home

As of November 2013

3BR/2BA 2,200 sq.ft. Mountain Home with spectacular views located in the highly desirable community of Las Cumbres which includes 1,000 acres of open space and hiking trails, community center, tennis courts, playing field, community pool, bocce ball court, fire station and hydrants (which helps with home insurance). Los Gatos Schools. Home has considerable deferred maintenance.

Last Agent to Sell the Property

Barbara Harriman

Coldwell Banker Realty License #01389088 Listed on: 07/08/2013

Last Buyer's Agent

Larry Fordyce

Team Fordyce License #00216674

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,307

Year Built

  • Built in 1982

Lot Details

  • Zoning described as R-1AC

Parking

  • 2 Car Garage
  • Guest Parking
  • Off-Street Parking

Property Views

  • Ocean
  • Mountain
  • Valley

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,203 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Wood Burning Stove
  • Wine Cellar
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Solarium
  • Gas Dryer Hookup

Kitchen

  • Built-In Oven
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 088-261-010

Community Details

Overview

  • Property has a Home Owners Association
  • Las Cumbres Association

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,307

Year Built

Built in 1982

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 31
  • Sale Price Per Sq Ft: 354.06
  • Listing Class: Residential
  • Structure Sq Ft: 2203
  • Map Book Page: 9
  • Map Side Coordinate: 2
  • Map Top Coordinate: C
  • Thomas Bros Page: 9
  • Thomas Brothers: C2
  • Year Built: 1982
  • Zoning Description: R-1AC
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room, No Separate Family Room
  • Fireplace: Living Room, Wood Stove, Yes
  • Dining Room: Dining Area in Living Room, No Informal Dining Room
  • Kitchen: Dishwasher, Cooktop, Garbage Disposal, Oven - Built-In
  • Living Sq Ft: 2203
  • Stories: 2
  • Bedrooms: Primary Suite / Retreat
  • Laundry: Gas Hookup, 220 Volt Outlet
  • Flooring: Tile, Carpet - Wall to Wall, Hardwood
  • Additional Rooms: Solarium, Wine Cellar / Storage
  • Maximum Bathrooms: 2
  • Maximum Numberof Bedrooms: 3
  • Minimum Bathrooms: 2
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Community Facility, Pool - No
  • Roof: Composition
  • View: Mountains, Ocean, Valley
  • Exterior: Shingles

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Guest / Visitor Parking, Off-Street Parking

Utilities

  • Heating System: Forced Air
  • Sewer/Septic System: Septic Tank / Pump

Association/Amenities

  • Amenities Miscellaneous: High Ceiling

Condo/Co-op/Association

  • HOA Fees: 222
  • H O A Name Text: Las Cumbres
  • H O A Exist: Yes

Schools

  • School District: Los Gatos-Saratoga Joint Union High

Lot Info

  • Parcel Number: 088-261-010
  • List Price per Sq Ft: 362.69
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 38856.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 38856.00
  • Lot Size Area Min Search: 38856.00
  • Maximum Lot Size: 38856.00
  • Map Book: Thomas Bros

Multi Family

  • Maximum Building Height: 2
  • Minimum Building Height: 2

MLS Schools

  • High School District Text: Los Gatos-Saratoga Joint Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2013
Closed on
Oct 29, 2013
Sold by
Barker Harold William and Ventresca Patrice
Bought by
Isted Timothy V
Seller's Agent
Barbara Harriman
Coldwell Banker Realty
Buyer's Agent
Larry Fordyce
Team Fordyce
List Price
$799,000
Sold Price
$780,000
Premium/Discount to List
-$19,000
-2.38%
Current Estimated Value
$1,530,435

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$750,435
Avg. Annual Appreciation
6.12%
Original Mortgage
$624,000
Interest Rate
4.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 20, 1999
Sold by
Gunnison Forrest
Bought by
Barker Harold William and Ventresca Patrice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
7.75%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

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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
Isted Timothy V $780,000 Chicago Title Company
Barker Harold William $725,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Isted Timothy V $500,000
Open Isted Timothy V $726,525
Closed Isted Timothy V $598,000
Closed Isted Timothy V $624,000
Previous Owner Barker Harold William $580,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2013 11/06/13 Sold $780,000 -2.4% $354 / Sq Ft
07/30/2013 07/30/13 Pending -- -- --
07/08/2013 07/08/13 For Sale $799,000 -- $363 / 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 $11,307 $956,173 $573,704 $382,469
2023 $11,011 $919,045 $551,427 $367,618
2022 $11,084 $901,024 $540,614 $360,410
2021 $10,780 $883,357 $530,014 $353,343
2020 $10,686 $874,299 $524,579 $349,720
2019 $10,289 $857,155 $514,293 $342,862
2018 $10,129 $840,349 $504,209 $336,140
2017 $10,079 $823,873 $494,324 $329,549
2016 $9,575 $807,718 $484,631 $323,087
2015 $9,398 $795,585 $477,351 $318,234
2014 $9,228 $780,000 $468,000 $312,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81324275

MLSListings

APN: 088-261-10-000