NOT LISTED FOR SALE

Estimated Value: $4,712,000 - $6,241,000

4 Beds
4.5 Baths
4,927 Sq Ft
$1,075/Sq Ft Est. Value

Last Sold December 28, 2017

Last sale price $3,225,000 $655 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $30,696/month

13 Days on Market

Highlights

  • Home Theater
  • Bay View
  • Contemporary Architecture
  • Louise Van Meter Elementary School Rated A
  • Deck
  • Recreation Room

About This Home

As of December 2017

Extremely rare in-town home with one of the most spectacular views in Los Gatos while just 1/2 mile to Los Gatos High School and walking distance to downtown. Unbelievable quality of construction with timeless design and the finest materials throughout. Incredible attention to detail with gorgeous views and privacy from virtually every room. Great entertaining house, with multiple decks, expansive gourmet kitchen with adjacent dining and living rooms, separate family room with faulted ceilings and surround sound. Each oversized bedroom has own private bath. Tremendous 3-car garage and additional off-street parking. Square footage includes a 500 Square Foot Bar and Entertainment room that was completed at a cost of over $100,000 with custom bar, stonework, surround sound, and wood floors. Los Gatos Schools.

Last Agent to Sell the Property

Michael Riese

Coldwell Banker Realty License #01366625 Listed on: 10/27/2017

Coldwell Banker Realty

Co-Listed By

Bill Lister

Coldwell Banker Realty License #01179611

Last Buyer's Agent

Shannon Susick

Coldwell Banker Realty License #02024635

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $41,892

Year Built

  • Built in 2002

Lot Details

  • 9,901 Sq Ft Lot
  • Southeast Facing Home
  • Partially Fenced Property
  • Lot Sloped Down
  • Drought Tolerant Landscaping
  • Grass Covered Lot
  • Back Yard
  • Zoning described as R1B

Parking

  • 3 Car Garage

Property Views

  • Bay
  • City Lights
  • Mountain
  • Valley

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,927 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • High Ceiling
  • 2 Fireplaces
  • Gas Fireplace
  • Double Pane Windows
  • Formal Entry
  • Great Room
  • Separate Family Room
  • Formal Dining Room
  • Home Theater
  • Recreation Room
  • Bonus Room
  • Fire Sprinkler System

Kitchen

  • Eat-In Kitchen
  • Built-In Double Oven
  • Gas Cooktop
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Stone Countertops In Bathroom
  • Granite Bathroom Countertops
  • Dual Sinks
  • Dual Flush Toilets
  • Soaking Tub in Primary Bathroom
  • Steam Shower
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Washer and Dryer

Eco-Friendly Details

  • Energy-Efficient Insulation

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan

Listing and Financial Details

  • Assessor Parcel Number 529-35-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$41,892

Year Built

Built in 2002

Lot Details

0

Parking

3

Listing Details

  • Subclass: Single Family Home
  • Style: Contemporary
  • Property Condition: Built / Remodeled Green
  • Age: 15
  • Listing Class: Residential
  • Structure Sq Ft: 4927
  • Incorporated: Yes
  • Year Built: 2002
  • Zoning Description: R1B
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Burning
  • Dining Room: Eat in Kitchen, Formal Dining Room
  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Exhaust Fan, Oven - Built-In, Oven - Double, Refrigerator
  • Living Sq Ft: 4927
  • Stories: 2
  • Security: Fire System - Sprinkler
  • Laundry: Inside, Washer / Dryer
  • Flooring: Carpet, Hardwood, Tile
  • Additional Rooms: Bonus / Hobby Room, Formal Entry, Great Room, Media / Home Theater, Recreation Room, Storage
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Dual Flush Toilet, Granite, Primary - Stall Shower(s), Primary - Sunken Tub, Steam Shower, Stone
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • View: Bay, City Lights, Mountains, Valley
  • Yard/Grounds: Back Yard, Balcony / Patio, Deck, Drought Tolerant Plants, Low Maintenance
  • Fencing: Partial Fencing
  • Property Faces: Southeast
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 3
  • Parking Spaces: 3
  • Garage Max: 3
  • Garage Min: 3
  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Walk-in Closet, Wet Bar

Schools

  • School District: Los Gatos-Saratoga Joint Union High
  • Elementary School: Louise Van Meter Elementary
  • Middle School: Raymond J. Fisher Middle
  • High School: Los Gatos High
  • High School: 262
  • Elementary School: 143
  • Middle School: 141

Lot Info

  • Lot Description: Grade - Sloped Down, Views
  • Parcel Number: 529-35-003
  • Lot Acres: 0.2273
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9900.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 9900.00
  • Soil: Unknown

Green Features

  • Energy Features: Double Pane Windows, Energy Star Appliances, Insulation - Per Owner, Walls Insulated

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Los Gatos-Saratoga Joint Union High
  • Elementary School Text: Louise Van Meter Elementary
  • High School Text: Los Gatos High
  • Middle School Text: Raymond J. Fisher Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 2, 2020
Sold by
Namboori Ravi and Namboori Lakshmi
Bought by
Namboori Ravi and Namboori Lakshmi
Current Estimated Value
$4,992,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,842,000
Interest Rate
2.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 27, 2017
Closed on
Dec 8, 2017
Sold by
Perklns William Dwight and Perklns Eileen D
Bought by
Namboori Ravi and Namboori Lakshmi
Seller's Agent
Michael Riese
Coldwell Banker Realty
Buyer's Agent
Shannon Susick
Coldwell Banker Realty
List Price
$3,250,000
Sold Price
$3,225,000
Premium/Discount to List
-$25,000
-0.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.31%
Original Mortgage
$2,418,750
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 5, 2002
Sold by
Perkins William Dwight and Perkins William R
Bought by
Perkins William Dwight and Perkins Eileen D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Namboori Ravi -- None Available
Namboori Ravi $3,225,000 Cornerstone Title Co
Perkins William Dwight $273,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nanboori Ravi $1,800,000
Closed Namboori Ravi $1,842,000
Closed Nainboori Ravi $1,855,750
Closed Namboori Ravi $1,955,000
Closed Namboori Ravi $2,418,750
Previous Owner Perkins William Dwight $250,000
Previous Owner Perkins William Dwight $250,000
Previous Owner Perkins William Dwight $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2017 12/28/17 Sold $3,225,000 -0.8% $655 / Sq Ft
11/10/2017 11/10/17 Pending -- -- --
10/27/2017 10/27/17 For Sale $3,250,000 -- $660 / 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 $41,892 $3,669,495 $2,474,777 $1,194,718
2024 $41,892 $3,597,545 $2,426,252 $1,171,293
2023 $41,204 $3,527,006 $2,378,679 $1,148,327
2022 $40,932 $3,457,850 $2,332,039 $1,125,811
2021 $40,312 $3,390,050 $2,286,313 $1,103,737
2020 $39,539 $3,355,290 $2,262,870 $1,092,420
2019 $39,017 $3,289,500 $2,218,500 $1,071,000
2018 $38,497 $3,225,000 $2,175,000 $1,050,000
2017 $18,000 $1,439,552 $386,000 $1,053,552
2016 $17,535 $1,411,327 $378,432 $1,032,895
2015 $17,422 $1,390,128 $372,748 $1,017,380
2014 $17,157 $1,362,898 $365,447 $997,451
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81683094

MLSListings

APN: 529-35-003