NOT LISTED FOR SALE

18704 Favre Ridge Rd Los Gatos, CA 95033

Estimated Value: $1,849,000 - $2,376,000

4 Beds
2.5 Baths
3,536 Sq Ft
$587/Sq Ft Est. Value

Last Sold January 31, 2014

Last sale price $1,333,000 $377 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $13,279/month

84 Days on Market

Highlights

  • Ocean View
  • Private Pool
  • Deck
  • Lakeside Elementary School Rated A
  • Primary Bedroom Suite
  • Contemporary Architecture

About This Home

As of January 2014

DRAMATIC CONTEMPORARY WITH SPECTACULAR VIEWS OF THE MONTEREY BAY!LOCATED IN THE DESIRABLE LAS CUMBRES COMMUNITY*FLOOR TO CELING WINDOWS LOOK OUT TO THE EXPANSIVE VIEWS*WONDERFUL LIVING ROOM DINING ROOM WITH HIGH CEILINGS,HARDWOOD FLOORS, ACCESS TO DECK & LOOKS TO THE AMAZING VIEWS*GORGEOUS KITCHEN W/TEAK CABINETS,BREAKFAST BAR,PANTRY & PRIVATE DECK*MASTER RETREAT W/9FT CEILINGS & SUNKEN BATH*

Last Agent to Sell the Property

Nancy Cole

Coldwell Banker Realty License #00621248 Listed on: 10/08/2013

Last Buyer's Agent

Larry Fordyce

Team Fordyce License #00216674

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,048

Year Built

  • Built in 1988

Lot Details

  • Kennel or Dog Run

Parking

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

Property Views

  • Ocean
  • Bay
  • Canyon

Home Design

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

Interior Spaces

  • 3,536 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Vaulted Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Clean Air Certified Fireplace
  • Double Pane Windows
  • Garden Windows
  • Formal Entry
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Bonus Room
  • Workshop
  • Solarium
  • Utility Room
  • Fire Sprinkler System

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Built-In Self-Cleaning Oven
  • Dishwasher
  • Trash Compactor

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • Low Flow Toliet
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Walk-in Shower
  • Low Flow Shower

Outdoor Features

  • Private Pool
  • Deck

Utilities

  • Radiant Heating System
  • 220 Volts
  • Water Softener is Owned
  • Septic Tank
  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number 088-271-009

Community Details

Overview

  • Las Cumbres Association

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,048

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Contemporary
  • Age: 26
  • Sale Price Per Sq Ft: 376.98
  • Level Street Main: Bedroom(s)
  • Listing Class: Residential
  • Structure Sq Ft: 3536
  • Builder Architect: Custom
  • Map Book Page: 9
  • Map Side Coordinate: 3
  • Map Top Coordinate: C
  • Thomas Bros Page: 9
  • Thomas Brothers: C3
  • Year Built: 1988
  • Zoning Description: R-1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Living Room, Clean Air Certified, Wood Burning, Yes
  • Dining Room: Dining Area in Living Room, Breakfast Nook, Breakfast Bar
  • Kitchen: Pantry, Dishwasher, Refrigerator, Ovens - 2+, Oven - Self Cleaning, Trash Compactor, Oven - Built-In, 220 Volt Outlet, Hookups - Gas
  • Living Sq Ft: 3536
  • Stories: 2
  • Security: Fire System - Sprinkler
  • Bedrooms: Primary Suite / Retreat, Ground Floor Bedroom
  • Laundry: In Laundry Room, 220 Volt Outlet
  • Flooring: Tile, Carpet - Wall to Wall, Hardwood, Vinyl / Linoleum
  • Additional Rooms: Bonus / Hobby Room, Utility Room, Workshop, Formal Entry, Solarium, Storage
  • Maximum Bathrooms: 3
  • Maximum Numberof Bedrooms: 4
  • Minimum Bathrooms: 3
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Shower over Tub - 1, Tubs - 1, Stall Shower, Tub with Jets

Exterior Features

  • Foundation: Post and Pier, Concrete Perimeter
  • Pool Description: In Ground Concrete, Community Facility, Pool - Yes
  • Roof: Composition
  • View: Bay, Canyon, Ocean
  • Yard/Grounds: Deck, Dog Run / Kennel
  • Pool: Yes
  • Exterior: Shingles

Garage/Parking

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

Utilities

  • Heating System: Radiant
  • Sewer/Septic System: Septic Tank / Pump

Association/Amenities

  • Amenities Miscellaneous: Window Covering(s), Double Pane Windows(s), Garden Window, High Ceiling, Vaulted Ceiling, Built-in Vacuum

Condo/Co-op/Association

  • H O A Name Text: Las Cumbres

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: 088-271-009
  • Lot Location: Cul-de-Sac
  • List Price per Sq Ft: 381.79
  • Lot Size Area Minimum Units: Acres
  • Minimum Lot Size: 1.06
  • Lot Size Area Maximum Units: Acres
  • Lot Size Area Max Search: 46173.60
  • Lot Size Area Min Search: 46173.60
  • Maximum Lot Size: 1.06
  • Map Book: Thomas Bros

Green Features

  • Energy Features: Energy Audit - Required, City/County, Insulated Water Heater, Low Flow Shower, Low Flow Toilet, Weather Stripped Door(s), Double Pane Windows, Skylight, Ceiling Fan(s)

Multi Family

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

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

Closed on
Mar 1, 2018
Sold by
Stanger Philip and Murphy Lise
Bought by
Stanger Philip and Murphy Lise
Current Estimated Value
$2,120,198

Purchase Details

Closed on
Aug 16, 2017
Sold by
Isted Ra and Isted Carolyn
Bought by
Stanger Philip and Murphy Lise S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,280,000
Outstanding Balance
$1,063,375
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,011,425

Purchase Details

Closed on
Feb 27, 2015
Sold by
Isted Ronald Alfred and Isted Carolyn Clare
Bought by
The Isted Trust

Purchase Details

Listed on
Oct 8, 2013
Closed on
Jan 14, 2014
Sold by
Mehrtens Cathryn A and Mehrtens Frank Kim
Bought by
Isted Ronald Alfred and Isted Carolyn Clare
Seller's Agent
Nancy Cole
Coldwell Banker Realty
Buyer's Agent
Larry Fordyce
Team Fordyce
List Price
$1,349,999
Sold Price
$1,333,000
Premium/Discount to List
-$16,999
-1.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.91%
Original Mortgage
$160,000
Interest Rate
4.45%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 6, 2011
Sold by
Loeswick Thomas and Loeswick Maureen
Bought by
Mehrtens Cathryn A and Mehrtens Frank Kim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$888,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 10, 2005
Sold by
Potter Donald R and Potter Juanita E
Bought by
Loeswick Thomas and Loeswick Maureen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
6.12%
Mortgage Type
Unknown

Purchase Details

Closed on
May 27, 1998
Sold by
Potter Donald R and Potter Juanita E
Bought by
Potter Donald R and Potter Juanita E
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
Stanger Philip -- None Available
Stanger Philip $1,600,000 Old Republic Title Company
The Isted Trust -- None Available
Isted Ronald Alfred $1,333,000 Cornerstone Title Company
Mehrtens Cathryn A $1,110,000 First American Title Company
Loeswick Thomas $1,353,000 First American Title Co
Potter Donald R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stanger Philip $1,280,000
Previous Owner Isted Ronald Alfred $160,000
Previous Owner Mehrtens Cathryn A $888,000
Previous Owner Loeswick Thomas $500,000
Previous Owner Loeswick Thomas $850,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2014 01/31/14 Sold $1,333,000 -1.3% $377 / Sq Ft
12/31/2013 12/31/13 Pending -- -- --
10/08/2013 10/08/13 For Sale $1,349,999 -- $382 / 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 $20,048 $1,820,527 $1,080,938 $739,589
2023 $19,654 $1,749,834 $1,038,964 $710,870
2022 $19,822 $1,715,523 $1,018,592 $696,931
2021 $19,383 $1,681,886 $998,620 $683,266
2020 $19,209 $1,664,640 $988,380 $676,260
2019 $18,608 $1,632,000 $969,000 $663,000
2018 $18,311 $1,600,000 $950,000 $650,000
2017 $16,464 $1,407,976 $703,988 $703,988
2016 $15,844 $1,380,368 $690,184 $690,184
2015 $15,579 $1,359,634 $679,817 $679,817
2014 $13,146 $1,137,339 $543,054 $594,285
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81337018

MLSListings

APN: 088-271-09-000