NOT LISTED FOR SALE

18668 Favre Ridge Rd Los Gatos, CA 95033

Estimated Value: $1,497,000 - $1,632,000

4 Beds
2 Baths
3,206 Sq Ft
$485/Sq Ft Est. Value

Last Sold July 15, 2024

Last sale price $1,545,000 $482 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $9,841/month

48 Days on Market

Highlights

  • Primary Bedroom Suite
  • Canyon View
  • Fireplace in Primary Bedroom
  • Lakeside Elementary School Rated A
  • Clubhouse
  • Soaking Tub in Primary Bathroom

About This Home

As of July 2024

Picture perfect mountain retreat with long-range views, a parklike setting, and an architecturally stunning dome house flanked by a wrap-around deck; the indoor-outdoor living is immediately evident. In 2017 the structure was upgraded with a new roof, fireproof Hardie board siding, reinforced foundation, top-to-bottom insulation, and more. With its unique architecture, the home feels expansive and open. The kitchen boasts stainless steel appliances and a built-in desk adding to the functionality of the space. Step into the luxurious primary suite featuring a beautifully remodeled spa-like bathroom, walk-in closet, cozy fireplace, and separate office space for quiet contemplation or remote work. The lower level offers a 4th bedroom, providing flexibility and space for guests, and a spacious family room with a relaxed atmosphere and access to the leveled yard complete with a play structure and gathering area. Enjoy easy access to South Bay and Peninsula employment areas and Las Cumbres amenities such as a community garden, community center, bocce/basketball/tennis, pool, and playground. There are over 1,200+ acres of surrounding shared conservation to explore. 10Gbps Capable Community Owner Fiber Internet. Served by top-rated Lakeside Elementary and Los Gatos High.

Last Agent to Sell the Property

Jill Cole

Coldwell Banker Realty License #01489680 Listed on: 05/04/2024

Coldwell Banker Realty

Co-Listed By

Heather La France

Coldwell Banker Realty License #02002800

Last Buyer's Agent

Jessica Stone

eXp Realty of California Inc License #02123052

eXp Realty of California Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,075

Year Built

  • Built in 1979

Lot Details

  • 1.14 Acre Lot
  • Zoning described as R-1-1AC

HOA Fees

  • $289 Monthly HOA Fees

Property Views

  • Canyon
  • Mountain

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,206 Sq Ft Home
  • High Ceiling
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Combination Dining and Living Room

Kitchen

  • Built-In Oven
  • Electric Cooktop
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Dual Sinks
  • Soaking Tub in Primary Bathroom
  • Bathtub
  • Oversized Bathtub in Primary Bathroom
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Washer and Dryer

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 088-271-07-000

Community Details

Overview

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

Amenities

  • Clubhouse
  • Planned Social Activities

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,075

Year Built

Built in 1979

Lot Details

0

HOA Fees

$289 per month

Listing Details

  • Subclass: Single Family Home
  • Restrictions: Pets - Allowed
  • Age: 45
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 125
  • Structure Sq Ft: 3206
  • Complex Name: Las Cumbres
  • Year Built: 1979
  • Zoning Description: R-1-1AC
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Living Room, Primary Bedroom
  • Dining Room: Dining Area in Living Room
  • Kitchen: Cooktop - Electric, Dishwasher, Microwave, Oven - Built-In, Refrigerator
  • Living Sq Ft: 3206
  • Bedrooms: Primary Suite / Retreat, Walk-in Closet
  • Laundry: Inside, Washer / Dryer
  • Flooring: Laminate, Stone, Tile, Wood
  • Fireplaces Min: 3
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Primary - Oversized Tub, Primary - Stall Shower(s), Tub in Primary Bedroom, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Composition
  • View: Canyon, Mountains

Garage/Parking

  • Garage Parking Features: Room for Oversized Vehicle

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air, Propane, Stove Heater
  • Sewer/Septic System: Existing Septic

Condo/Co-op/Association

  • HOA Fees: 868
  • HOA Amenities: BBQ Area, Club House, Community Pool, Organized Activities, Playground, Tennis Court / Facility
  • HOA Fee Frequency: Quarterly
  • Association Fees Include: Common Area Electricity, Common Area Gas, Insurance - Common Area, Maintenance - Common Area, Maintenance - Road, Management Fee, Pool, Spa, or Tennis, Recreation Facility
  • H O A Name Text: Las Cumbres Conservation Corp
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Walk-in Closet

Schools

  • School District: Los Gatos-Saratoga Joint Union High
  • Elementary School: Lakeside Elementary
  • High School: Los Gatos High
  • High School: 262
  • Elementary School: 125

Lot Info

  • Parcel Number: 088-271-07-000
  • Lot Acres: 1.1420
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 49746.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 49746.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2024
Closed on
Jun 26, 2024
Sold by
Gentle Family Revocable Trust and Gentle Christian Hedley
Bought by
Kunz Joseph B and Maxwell Megan
Seller's Agent
Jill Cole
Coldwell Banker Realty
Buyer's Agent
Jessica Stone
eXp Realty of California Inc
List Price
$1,795,000
Sold Price
$1,545,000
Premium/Discount to List
-$250,000
-13.93%
Views
22
Current Estimated Value
$1,517,161

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$27,839
Avg. Annual Appreciation
0.55%
Original Mortgage
$1,100,000
Outstanding Balance
$1,087,929
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$466,035

Purchase Details

Closed on
Aug 22, 2018
Sold by
Gentle Christian Hedley and Gentle Holly Nicole
Bought by
Gentle Christian Hedley and Gentle Holly Nicole

Purchase Details

Closed on
Feb 22, 2016
Sold by
Gentle Holly Nicole and Andrews Holly
Bought by
Gentle Holly Nicole and Gentle Christian Hedley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$940,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 11, 2005
Sold by
Wolf Kim T and Thompson Michael E
Bought by
Andrews Holly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$668,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 24, 2001
Sold by
Early Mary Jane Thompson Mark Edward
Bought by
Thompson Mark Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$616,000
Interest Rate
7.08%

Purchase Details

Closed on
Apr 12, 2000
Sold by
Barbara J Hw Cp Geistweit David W Hw Cp Richar
Bought by
Early Mary Jane and Thompson Mark Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$608,000
Interest Rate
6.25%
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
Kunz Joseph B $1,545,000 Cornerstone Title
Gentle Christian Hedley -- None Available
Gentle Christian Hedley -- None Available
Gentle Holly Nicole -- First American Title Ins Co
Andrews Holly $835,000 First American Title Co
Thompson Mark Edward -- Stewart Title
Early Mary Jane $760,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kunz Joseph B $1,100,000
Previous Owner Gentle Christian Hedley $853,000
Previous Owner Gentle Holly Nicole $940,000
Previous Owner Andrews Holly $668,000
Previous Owner Thompson Mark Edward $608,000
Previous Owner Thompson Mark Edward $616,000
Previous Owner Early Mary Jane $608,000
Previous Owner Geistweit David W $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2024 07/15/24 Sold $1,545,000 -8.8% $482 / Sq Ft
06/21/2024 06/21/24 Pending -- -- --
05/17/2024 05/17/24 Price Changed $1,695,000 -5.6% $529 / Sq Ft
05/04/2024 05/04/24 For Sale $1,795,000 -- $560 / 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 $14,075 $1,545,000 $895,000 $650,000
2023 $13,725 $1,179,415 $807,816 $371,599
2022 $13,827 $1,156,289 $791,977 $364,312
2021 $13,481 $1,133,617 $776,448 $357,169
2020 $12,630 $1,053,998 $704,095 $349,903
2019 $12,080 $1,024,017 $684,066 $339,951
2018 $11,683 $984,632 $657,755 $326,877
2017 $11,227 $928,898 $620,523 $308,375
2016 $9,894 $836,845 $559,030 $277,815
2015 $8,941 $753,915 $503,631 $250,284
2014 $7,430 $616,029 $453,722 $162,307
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81959535

MLSListings

APN: 088-271-07-000