NOT LISTED FOR SALE

18635 Favre Ridge Rd Los Gatos, CA 95033

Estimated Value: $1,694,000 - $2,047,000

4 Beds
3 Baths
3,192 Sq Ft
$565/Sq Ft Est. Value

Last Sold July 02, 2021

Last sale price $1,408,500 $441 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $11,448/month

13 Days on Market

Highlights

  • Horse Property
  • Tennis Courts
  • Private Pool
  • Lakeside Elementary School Rated A
  • Wine Cellar
  • Canyon View

About This Home

As of July 2021

This private and peaceful mountain retreat is part of the Las Cumbres Community that includes a pool, tennis & basketball courts, playground & field, community garden, local fire station, & numerous beautiful hiking trails. The home itself showcases vaulted and exposed beam ceilings, gorgeous hardwood floors, temperature controlled sun room, a large game/exercise room that could be used as an office, 5th bedroom or hobby room. Natural light pours through the floor-to-ceiling windows in the 500sqft+ master suite with private kitchenette, walk-in closet and balcony deck. Step outside onto one of the many decks and into the sunshine while you take in the tranquil mountain setting among the trees and expansive forest and canyon views. Stay warm in the evenings next to one of the fireplaces or in the hot tub as you take in the stars. And don't miss the extra parking or fenced in animal pen for your furry friends. 20 min to Los Gatos. This home is equal parts beauty, peace and adventure.

Last Agent to Sell the Property

Justin McNabb

KW Thrive Santa Cruz License #01928930 Listed on: 05/12/2021

KW Thrive Santa Cruz

Last Buyer's Agent

Wendy Marioni

Compass License #01421223

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,728

Year Built

  • 1978

Lot Details

  • 1.26 Acre Lot
  • Fenced
  • Lot Sloped Down

HOA Fees

  • $247 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Off-Street Parking

Property Views

  • Canyon
  • Ridge
  • Forest
  • Valley

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,192 Sq Ft Home
  • Wet Bar
  • Beamed Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Stove
  • Gas Fireplace
  • Wine Cellar
  • Great Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Area
  • Den
  • Recreation Room
  • Bonus Room
  • Solarium
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry in Garage
  • Laundry Tub

Outdoor Features

  • Private Pool
  • Tennis Courts
  • Horse Property
  • Balcony
  • Deck
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Propane
  • Septic Tank

Community Details

Overview

  • Association fees include insurance - common area, maintenance - common area, maintenance - road, pool spa or tennis, recreation facility
  • Las Cumbres Conservation Corporation Association
  • Greenbelt

Amenities

  • Clubhouse

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,728

Year Built

1978

Lot Details

0

HOA Fees

$247 per month

Parking

2

Listing Details

  • Zoning: R-1-1AC
  • Subclass: Single Family Home
  • Restrictions: Age - No Restrictions
  • Age: 43
  • Listing Class: Residential
  • Structure Sq Ft: 3192
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1978

Interior Features

  • Fireplace: Gas Burning, Living Room, Primary Bedroom, Wood Stove
  • Dining Room: Dining Area
  • Kitchen: Countertop - Granite, Pantry
  • Fireplace: Yes
  • Living Sq Ft: 3192
  • Laundry: In Garage, Tub / Sink
  • Flooring: Tile, Wood
  • Additional Rooms: Bonus / Hobby Room, Great Room, Office Area, Recreation Room, Solarium, Wine Cellar / Storage
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bedrooms: 4

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Yes
  • Roof: Composition
  • View: Canyon, Forest / Woods, Ridge, Valley
  • Yard/Grounds: Balcony / Patio, Deck, Fenced, Storage Shed / Structure, Tennis Court
  • Horse Property: Yes
  • Fencing: Mixed Height / Type
  • Pool: Community Facility

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Off-Street Parking, Parking Area, Room For Oversized Vehicle

Utilities

  • Cooling System: Ceiling Fan, Central Ac
  • Heating System: Fireplace, Forced Air
  • Sewer/Septic System: Septic Standard

Condo/Co-op/Association

  • Complex Name: Las Cumbres
  • HOA Fees: 741
  • HOA Amenities: Basketball Court - Indoor Half, Bbq Area, Club House, Community Pool, Game Court (Outdoor), Garden / Greenbelt / Trails, Playground, Tennis Court / Facility
  • HOA Fee Frequency: Quarterly
  • Association Fees Include: Insurance - Common Area, Maintenance - Common Area, Maintenance - Road, Pool, Spa, Or Tennis, Recreation Facility
  • HOA Exist: Yes
  • H O A Name Text: Las Cumbres Conservation Corporation

Association/Amenities

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

Schools

  • School District: Los Gatos-Saratoga Joint Union High
  • Elementary School: Lakeside Elementary
  • Elementary School: 125

Lot Info

  • Lot Description: Grade - Sloped Down
  • Lot Acres: 1.2600
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 54886.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 54886.00

Multi Family

  • Utilities: Individual Electric Meters, Propane On Site

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2021
Closed on
Jun 14, 2021
Sold by
Lenihan Timothy P and Lenihan Jeanine M
Bought by
Veres Janos
Seller's Agent
Justin McNabb
KW Thrive Santa Cruz
Buyer's Agent
Wendy Marioni
Compass
List Price
$1,385,000
Sold Price
$1,408,500
Premium/Discount to List
$23,500
1.7%
Current Estimated Value
$1,803,316

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$394,816
Avg. Annual Appreciation
6.13%
Original Mortgage
$822,000
Outstanding Balance
$747,453
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,056,640

Purchase Details

Closed on
Apr 26, 1996
Sold by
Slater Joseph E
Bought by
Lenihan Timothy P and Lenihan Jeanine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,800
Interest Rate
7.82%
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
Veres Janos $1,408,500 First American Title Company
Lenihan Timothy P $353,500 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Veres Janos $822,000
Previous Owner Lenihan Timothy P $208,000
Previous Owner Lenihan Timothy P $277,000
Previous Owner Lenihan Timothy P $282,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2021 07/02/21 Sold $1,408,500 +1.7% $441 / Sq Ft
05/26/2021 05/26/21 Pending -- -- --
05/12/2021 05/12/21 For Sale $1,385,000 -- $434 / 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 $16,728 $1,494,712 $896,827 $597,885
2023 $16,326 $1,436,670 $862,002 $574,668
2022 $16,456 $1,408,500 $845,100 $563,400
2021 $8,008 $632,136 $253,239 $378,897
2020 $7,939 $625,655 $250,643 $375,012
2019 $7,596 $613,387 $245,728 $367,659
2018 $7,480 $601,360 $240,910 $360,450
2017 $7,442 $589,569 $236,187 $353,382
2016 $6,984 $578,009 $231,556 $346,453
2015 $6,842 $569,327 $228,078 $341,249
2014 $6,719 $558,174 $223,610 $334,564
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81843423

MLSListings

APN: 088-271-02-000