NOT LISTED FOR SALE

Estimated Value: $3,692,000 - $5,216,422

4 Beds
4 Baths
3,950 Sq Ft
$1,098/Sq Ft Est. Value

Last Sold August 25, 2020

Last sale price $3,100,000 $785 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $26,686/month

129 Days on Market

Highlights

  • Private Pool
  • Primary Bedroom Suite
  • 2 Acre Lot
  • Daves Avenue Elementary School Rated A
  • City Lights View
  • Deck

About This Home

As of August 2020

Ultra-private, tranquil & highly secure 2 acre gated estate just minutes to downtown Los Gatos & its award winning schools. Beautifully modernized 3 bed/3 bath, 3,250 +/- sq ft mid-century home w 1 bed/1 bath, 700+/- sq ft original guest house. Unparalleled Valley views from every room, balcony & deck, enveloped by park-like setting of mature oak trees. Open floor plan & large, floor to ceiling picture windows thruout bring outdoors in capturing natural light & mesmerizing views day & night, creating an airy, welcoming environment, ideal for entertaining & personal enjoyment. Gourmet kitchen w 6 burner Wolf dual fuel range, 2 Miele dishwashers, Sub-Zero fridge & full wine fridge, built-in Miele coffee maker, large center island. Water filtration & softener, dual furnace & A/C, tankless water heater, Control4 audio/video/surveillance system/front gate controller. Durable Trex decking w marine cable railings & 180° views. Gated/fenced perimeter, paver driveway & updated, sparkling pool

Last Agent to Sell the Property

Heather Crane

Intero Real Estate Services License #01846215 Listed on: 03/09/2020

Intero Real Estate Services

Last Buyer's Agent

Shellie Nichol Chandar

HeartStone Realty License #01859605

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,755

Year Built

  • 1950

Lot Details

  • 2 Acre Lot
  • Property is Fully Fenced
  • Lot Sloped Down
  • Drought Tolerant Landscaping
  • Grass Covered Lot
  • Back Yard

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Electric Gate

Property Views

  • Skyline
  • Mountain

Home Design

  • Reverse Style Home
  • Slab Foundation
  • Ceiling Insulation
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,950 Sq Ft Home
  • 2-Story Property
  • Entertainment System
  • Beamed Ceilings
  • Vaulted Ceiling
  • Skylights in Kitchen
  • Circular Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Formal Entry
  • Separate Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Monitored

Kitchen

  • Double Oven
  • Range Hood
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Bathroom on Main Level
  • 4 Full Bathrooms
  • Marble Bathroom Countertops
  • Dual Sinks
  • Dual Flush Toilets
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Washer and Dryer

Eco-Friendly Details

  • Energy-Efficient HVAC
  • Energy-Efficient Insulation

Outdoor Features

  • Private Pool
  • Balcony
  • Deck
  • Gazebo
  • Barbecue Area

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Thermostat
  • Separate Meters
  • 220 Volts
  • Water Filtration System
  • Tankless Water Heater
  • Water Softener is Owned
  • Septic Tank

Additional Features

  • 700 SF Accessory Dwelling Unit
  • Horses Potentially Allowed on Property

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,755

Year Built

1950

Lot Details

0

Parking

2

Listing Details

  • Zoning: HS-D1
  • Subclass: Single Family Home
  • Age: 70
  • Listing Class: Residential
  • Second Res Apx Sq Ft: 700
  • Structure Sq Ft: 3950
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1950

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Burning, Gas Starter, Living Room
  • Dining Room: Formal Dining Room, Skylight
  • Kitchen: 220 Volt Outlet, Dishwasher, Dual Fuel, Exhaust Fan, Freezer, Hood Over Range, Ice Maker, Island, Microwave, Oven - Double, Oven Range, Refrigerator, Skylight, Wine Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 3950
  • Stories: 2
  • Security: Closed Circuit Monitoring (24-Hour), Security Alarm, Video / Audio System
  • Bedrooms: Ground Floor Bedroom, Primary Suite / Retreat, More Than One Bedroom On Ground Floor, Reverse Floor Plan, Walk-In Closet
  • Laundry: Electricity Hookup (220V), Inside, Washer / Dryer
  • Flooring: Hardwood, Tile
  • Additional Rooms: Formal Entry
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Dual Flush Toilet, Full On Ground Floor, Marble, Primary - Stall Shower(s), Shower And Tub, Skylight, Tile, Tub In Primary Bedroom

Exterior Features

  • Foundation: Concrete Perimeter, Concrete Slab
  • Pool Description: Yes
  • Roof: Composition
  • View: City Lights, Mountains
  • Yard/Grounds: Back Yard, Balcony / Patio, Bbq Area, Deck, Drought Tolerant Plants, Fenced, Gazebo, Low Maintenance
  • Horse Property: Possible
  • Fencing: Complete Perimeter
  • Pool: Pool - Heated, Pool - Sweep, Steam Room Or Sauna

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Electric Gate, Gate / Door Opener

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air - Gas, Fireplace
  • Sewer/Septic System: Existing Septic

Association/Amenities

  • Amenities Miscellaneous: Open Beam Ceiling, Skylight, Vaulted Ceiling, Video / Audio System, Walk-In Closet

Schools

  • School District: Los Gatos-Saratoga Joint Union High
  • Elementary School: Daves Avenue Elementary
  • Middle School: Raymond J. Fisher Middle
  • Elementary School: 140
  • Middle School: 141

Lot Info

  • Lot Description: Grade - Sloped Down, Views
  • Lot Acres: 2.0000
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 87120.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 87120.00

Green Features

  • Energy Features: Ceiling Insulation, Double Pane Windows, Energy Star Appliances, Energy Star Hvac, Skylight, Tankless Water Heater, Thermostat Controller, Walls Insulated

Multi Family

  • Utilities: Individual Electric Meters, Public Utilities
  • Second Unit Description: Stunning views!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2020
Closed on
Aug 11, 2020
Sold by
Schiller Thomas and Schiller Shanti
Bought by
Lynch Sean and Munawar Farheen
Seller's Agent
Heather Crane
Intero Real Estate Services
Buyer's Agent
Shellie Nichol Chandar
HeartStone Realty
List Price
$3,295,000
Sold Price
$3,100,000
Premium/Discount to List
-$195,000
-5.92%
Current Estimated Value
$4,335,606

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,235,606
Avg. Annual Appreciation
5.34%
Original Mortgage
$2,480,000
Outstanding Balance
$2,204,878
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$1,813,258

Purchase Details

Listed on
Jan 8, 2019
Closed on
Mar 21, 2019
Sold by
Eklund Lars Thomas and Eklund Kristin
Bought by
Schiller Thomas and Schiller Shanti
Seller's Agent
Heather Crane
Intero Real Estate Services
Buyer's Agent
Heather Crane
Intero Real Estate Services
List Price
$3,375,000
Sold Price
$3,200,000
Premium/Discount to List
-$175,000
-5.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.21%
Original Mortgage
$1,800,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2013
Sold by
Pacific Network Supply Inc
Bought by
Williams Houston Lee and Williams Mary Anna Bordges

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,236,000
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 11, 2013
Sold by
Williams Houston Lee and Williams Mary Anna
Bought by
Eklund Lars Thomas and Eklund Kristin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,236,000
Interest Rate
3.25%
Mortgage Type
New Conventional
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
Lynch Sean $3,100,000 Orange Coast Ttl Co Of Nocal
Schiller Thomas $3,200,000 Orange Coast Ttl Co Of Nocal
Williams Houston Lee -- None Available
Eklund Lars Thomas $1,545,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lynch Sean $2,480,000
Previous Owner Schiller Thomas $1,800,000
Previous Owner Eklund Lars Thomas $1,602,000
Previous Owner Eklund Lars Thomas $400,000
Previous Owner Eklund Lars Thomas $300,000
Previous Owner Eklund Lars Thomas $1,236,000
Previous Owner Pacific Network Supply Inc $187,940
Previous Owner Williams Houston Lee $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2020 08/25/20 Sold $3,100,000 -5.9% $785 / Sq Ft
07/17/2020 07/17/20 Pending -- -- --
05/26/2020 05/26/20 For Sale $3,295,000 0.0% $834 / Sq Ft
04/29/2020 04/29/20 Pending -- -- --
03/09/2020 03/09/20 For Sale $3,295,000 +3.0% $834 / Sq Ft
03/27/2019 03/27/19 Sold $3,200,000 -5.2% $985 / Sq Ft
02/18/2019 02/18/19 Pending -- -- --
02/18/2019 02/18/19 For Sale $3,375,000 0.0% $1,038 / Sq Ft
02/18/2019 02/18/19 Price Changed $3,375,000 -3.6% $1,038 / Sq Ft
02/13/2019 02/13/19 Pending -- -- --
01/08/2019 01/08/19 For Sale $3,499,998 -- $1,077 / 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 $36,755 $3,274,357 $2,733,141 $541,216
2024 $36,755 $3,210,154 $2,679,550 $530,604
2023 $36,129 $3,147,210 $2,627,010 $520,200
2022 $35,885 $3,085,500 $2,575,500 $510,000
2021 $35,358 $3,025,000 $2,525,000 $500,000
2020 $37,176 $3,196,680 $2,686,680 $510,000
2019 $19,269 $1,631,888 $1,576,944 $54,944
2018 $19,024 $1,599,891 $1,546,024 $53,867
2017 $19,005 $1,568,521 $1,515,710 $52,811
2016 $18,546 $1,537,767 $1,485,991 $51,776
2015 $18,114 $1,575,868 $1,260,695 $315,173
2014 $12,926 $1,044,051 $564,316 $479,735
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81785990

MLSListings

APN: 510-34-029