NOT LISTED FOR SALE

18656 Favre Ridge Rd Los Gatos, CA 95033

Estimated Value: $1,724,000 - $1,829,000

4 Beds
3 Baths
2,940 Sq Ft
$599/Sq Ft Est. Value

Last Sold June 05, 2019

Last sale price $1,440,000 $490 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $11,827/month

31 Days on Market

Highlights

  • Tennis Courts
  • Bay View
  • Vineyard
  • Lakeside Elementary School Rated A
  • Primary Bedroom Suite
  • Clubhouse

About This Home

As of June 2019

Amazing Home with spectacular views located in the desirable Las Cumbres Community has a special place for all to enjoy with its dramatic long range mountain views to the Monterey Bay. Well crafted open floor plan with ceiling to floor windows allow for expansive views and the wrap around deck provides outdoor entertainment areas with relaxing sunsets to enjoy. Plenty of usable land. Other features include:Gleaming hardwood floors, Remodeled kitchen w/white diamond quartz counter tops, heated Travertine floors,Thermador prof.gas stove, walk in pantry, main level bedroom that opens to a beautiful garden, romantic master suite on upper level with dramatic ceilings and private balcony, bathroom with tub and open shower. Spiral staircase leads to lower level with two bedrooms and a spacious utility room, fenced in playground. The Community has so much to offer with tennis courts, pool, hiking trails, playground, and open space.Great commute to Apple Campus&Palo Alto. Los Gatos Schools.

Last Agent to Sell the Property

Patti Allmon

Coldwell Banker Realty License #01337313 Listed on: 04/01/2019

Coldwell Banker Realty

Last Buyer's Agent

Donald Knight

Coldwell Banker Realty License #01028567

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,866

Year Built

  • Built in 1992

Lot Details

  • 1.29 Acre Lot
  • Fenced
  • Level Lot
  • Zoning described as R-1-1AC

HOA Fees

  • $240 Monthly HOA Fees

Property Views

  • Bay
  • Canyon
  • Mountain

Home Design

  • Contemporary Architecture
  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,940 Sq Ft Home
  • Vaulted Ceiling
  • Skylights in Kitchen
  • Wood Burning Fireplace
  • Double Pane Windows
  • Formal Entry
  • Family Room with Fireplace
  • Dining Area
  • Utility Room
  • Laundry Room
  • Crawl Space

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone
  • Tile
  • Travertine

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Dual Sinks
  • Low Flow Toliet
  • Soaking Tub in Primary Bathroom
  • Oversized Bathtub in Primary Bathroom
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Parking

  • Guest Parking
  • Off-Street Parking

Outdoor Features

  • Tennis Courts
  • Balcony
  • Enclosed patio or porch
  • Shed
  • Barbecue Area

Farming

  • Vineyard

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • 220 Volts
  • Propane
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 088-271-06-000

Community Details

Overview

  • Association fees include common area electricity, insurance - common area, maintenance - common area, maintenance - road, management fee, organized activities, pool spa or tennis
  • Las Cumbres Conservation Corp Association
  • Built by Las Cumbres

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,866

Year Built

Built in 1992

Lot Details

0

HOA Fees

$240 per month

Listing Details

  • Subclass: Single Family Home
  • Style: Contemporary
  • Age: 27
  • Listing Class: Residential
  • Structure Sq Ft: 2940
  • Complex Name: Las Cumbres
  • Year Built: 1992
  • Zoning Description: R-1-1AC
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Wood Burning
  • Dining Room: Breakfast Bar, Dining Area
  • Kitchen: 220 Volt Outlet, Countertop - Quartz, Dishwasher, Garbage Disposal, Island, Microwave, Oven - Gas, Oven Range, Oven Range - Gas, Pantry, Skylight
  • Living Sq Ft: 2940
  • Bedrooms: Ground Floor Bedroom, Primary Suite / Retreat
  • Laundry: In Utility Room
  • Flooring: Carpet, Hardwood, Stone, Tile, Travertine
  • Additional Rooms: Formal Entry, Laundry Room, Utility Room
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Full on Ground Floor, Primary - Oversized Tub, Stall Shower - 2+, Tile, Tub in Primary Bedroom
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space, Post and Pier
  • Pool Description: Community Facility
  • Roof: Composition
  • View: Bay, Canyon, Mountains
  • Yard/Grounds: Balcony / Patio, BBQ Area, Fenced, Porch - Enclosed, Storage Shed / Structure, Tennis Court
  • Construction Type: Wood

Garage/Parking

  • Garage Parking Features: Guest / Visitor Parking, Off-Street Parking, Parking Area, Room for Oversized Vehicle

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air - Gas, Propane
  • Sewer/Septic System: Existing Septic

Condo/Co-op/Association

  • HOA Fees: 240
  • HOA Amenities: BBQ Area, Club House, Community Pool, Playground, Tennis Court / Facility
  • HOA Documents: Articles of Incorporation, Budget, Bylaws, CC&RS, Financial Statement, Minutes
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Insurance - Common Area, Maintenance - Common Area, Maintenance - Road, Management Fee, Organized Activities, Pool, Spa, or Tennis
  • H O A Name Text: Las Cumbres Conservation Corp
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Skylight, Vaulted Ceiling

Schools

  • School District: Los Gatos-Saratoga Joint Union High
  • High School: Los Gatos High
  • High School: 262

Lot Info

  • Lot Description: Grade - Level, Grade - Sloped Down, Grade - Sloped Up, Views, Vineyard
  • Parcel Number: 088-271-06-000
  • Lot Acres: 1.2860
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 56018.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 56018.00

Green Features

  • Energy Features: Double Pane Windows, Low Flow Toilet, Skylight

Multi Family

  • Utilities: Propane On Site

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2019
Closed on
May 13, 2019
Sold by
Cartus Financial Corporation
Bought by
Norgeot Beau and Norgeot Sara A
Seller's Agent
Patti Allmon
Coldwell Banker Realty
Buyer's Agent
Donald Knight
Coldwell Banker Realty
List Price
$1,449,000
Sold Price
$1,440,000
Premium/Discount to List
-$9,000
-0.62%
Current Estimated Value
$1,844,308

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$404,308
Avg. Annual Appreciation
3.30%
Original Mortgage
$1,277,401
Interest Rate
4.2%
Mortgage Type
VA

Purchase Details

Closed on
Apr 2, 2019
Sold by
Kiug Frank J and Kiug Yulia
Bought by
Cartus Financial Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,277,401
Interest Rate
4.2%
Mortgage Type
VA

Purchase Details

Listed on
Jul 11, 2014
Closed on
Nov 17, 2014
Sold by
Collins Leo B and Collins Susan R
Bought by
Klug Frank J and Klug Yulia
Seller's Agent
Nancy Cole
Coldwell Banker Realty
Buyer's Agent
Patti Allmon
Coldwell Banker Realty
List Price
$1,249,000
Sold Price
$1,185,000
Premium/Discount to List
-$64,000
-5.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.77%
Original Mortgage
$885,000
Interest Rate
3.89%
Mortgage Type
VA

Purchase Details

Closed on
Apr 14, 2008
Sold by
Delacy James R and Delacy Sharon Davies
Bought by
Collins Leo B and Collins Susan R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 18, 2001
Sold by
Delacy James R and Delacy Sharon Bettin
Bought by
Delacy James R and Delacy Sharon Davies

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.88%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 4, 1999
Sold by
Delacy James R and Delacy Sharon D
Bought by
Delacy James R and Delacy Sharon Bettin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
6.7%

Purchase Details

Closed on
Sep 8, 1997
Sold by
Delacy Sharon B and Davies Sharon Davies
Bought by
Delacy Sharon Bettin
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
Norgeot Beau $1,440,000 Cornerstone Title Company
Cartus Financial Corporation $1,440,000 Cornerstone Title Company
Klug Frank J $1,185,000 Cornerstone Title Company
Collins Leo B $1,075,000 North American Title Co
Delacy James R -- Commonwealth Land Title Co
Delacy James R -- First American Title Co
Delacy Sharon Bettin -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Norgeot Beau $1,272,618
Closed Norgeot Beau $1,277,401
Previous Owner Klug Frank J $885,000
Previous Owner Collins Leo B $516,000
Previous Owner Collins Leo B $250,000
Previous Owner Collins Leo B $517,000
Previous Owner Collins Leo B $552,000
Previous Owner Collins Leo B $350,000
Previous Owner Collins Leo B $200,000
Previous Owner Delacy James R $250,000
Previous Owner Delacy James R $165,000
Previous Owner Delacy James R $100,000
Previous Owner Delacy James R $189,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2019 06/05/19 Sold $1,440,000 -0.6% $490 / Sq Ft
05/03/2019 05/03/19 Pending -- -- --
04/01/2019 04/01/19 For Sale $1,449,000 +22.3% $493 / Sq Ft
12/03/2014 12/03/14 Sold $1,185,000 -3.3% $403 / Sq Ft
10/13/2014 10/13/14 Pending -- -- --
08/28/2014 08/28/14 Price Changed $1,225,000 -1.9% $417 / Sq Ft
07/11/2014 07/11/14 For Sale $1,249,000 -- $425 / 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 $17,866 $1,606,347 $963,808 $642,539
2023 $17,442 $1,543,971 $926,383 $617,588
2022 $17,584 $1,513,697 $908,218 $605,479
2021 $17,178 $1,484,017 $890,410 $593,607
2020 $17,024 $1,468,800 $881,280 $587,520
2019 $14,718 $1,276,709 $766,025 $510,684
2018 $14,484 $1,251,675 $751,005 $500,670
2017 $14,411 $1,227,134 $736,280 $490,854
2016 $13,826 $1,203,072 $721,843 $481,229
2015 $13,666 $1,185,000 $711,000 $474,000
2014 $11,434 $981,215 $563,259 $417,956
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81744982

MLSListings

APN: 088-271-06-000