NOT LISTED FOR SALE

Estimated Value: $2,402,000 - $3,411,000

4 Beds
2.5 Baths
2,695 Sq Ft
$1,145/Sq Ft Est. Value

Last Sold November 01, 2018

Last sale price $2,050,000 $761 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $18,716/month

313 Days on Market

Highlights

  • Wine Cellar
  • Bay View
  • 1.66 Acre Lot
  • Saratoga Elementary School Rated A
  • Custom Home
  • Deck

About This Home

As of November 2018

This may be your last chance. View the whole S Bay from 1.66 usable acres with 2 permitted Charismatic homes for your enjoyment. Take Massol - Bachman, & up to Hernandez and Overlook. Ignore Google directions...terrible road! Waiting to meet you this Sat and Sunday from 2-4! Main home was rented for $4000 per month until August 2017. Mostly flat land with an Eastern slope suitable for vineyard. Tenant in cottage!. There is an Overlook Road Maintenance Agreement. Disclosures Online. And YES!!!! This is a horse property!

Last Agent to Sell the Property

Lynn Hanchett

Compass License #00575955 Listed on: 11/14/2017

Compass

Last Buyer's Agent

Paul Prouty

KW Bay Area Estates License #01171285

KW Bay Area Estates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,889

Year Built

  • Built in 1910

Lot Details

  • 1.66 Acre Lot
  • Secluded Lot
  • Gentle Sloping Lot
  • Mostly Level
  • Drought Tolerant Landscaping
  • Grass Covered Lot
  • Back Yard
  • Zoning described as HS-D1

Parking

  • 3 Car Detached Garage
  • Workshop in Garage
  • Guest Parking
  • Off-Street Parking

Property Views

  • Bay
  • City Lights
  • Mountain
  • Hills
  • Forest
  • Valley

Home Design

  • Custom Home
  • Rustic Architecture
  • Bungalow
  • Fixer Upper
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Composition Roof
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,695 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Vaulted Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Wine Cellar
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Den
  • Recreation Room
  • Bonus Room
  • Workshop
  • Finished Basement
  • Crawl Space
  • Attic

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Formica Countertops

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level
  • Dual Sinks
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Electric Dryer Hookup

Outdoor Features

  • Outside Bathroom Access
  • Deck
  • Shed

Horse Facilities and Amenities

  • Horses Potentially Allowed on Property

Utilities

  • Forced Air Heating and Cooling System
  • Floor Furnace
  • 220 Volts
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 510-31-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,889

Year Built

Built in 1910

Lot Details

0

Parking

3

Listing Details

  • Subclass: Single Family Home
  • Style: Bungalow, Custom, Rustic
  • Property Condition: Fixer Upper
  • Age: 107
  • Listing Class: Residential
  • Structure Sq Ft: 2695
  • Incorporated: Yes
  • Year Built: 1910
  • Zoning Description: HS-D1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room, Wood Burning
  • Dining Room: Eat in Kitchen, Formal Dining Room
  • Kitchen: 220 Volt Outlet, Countertop - Formica, Oven Range - Gas, Pantry, Refrigerator
  • Living Sq Ft: 2695
  • Stories: 1
  • Bedrooms: Ground Floor Bedroom, Primary Bedroom on Ground Floor, More than One Bedroom on Ground Floor
  • Laundry: Electricity Hookup (220V), Inside
  • Flooring: Carpet, Hardwood, Tile, Vinyl / Linoleum
  • Additional Rooms: Attic, Basement - Finished, Basement - Unfinished, Bonus / Hobby Room, Den / Study / Office, Office Area, Recreation Room, Separate Living Unit, Storage, Wine Cellar / Storage, Workshop
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Full on Ground Floor, Outside Access, Stall Shower, Tile, Tub
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space, Pillars / Posts / Piers
  • Roof: Composition
  • View: Bay, City Lights, Forest / Woods, Hills, Mountains, Valley
  • Yard/Grounds: Back Yard, Deck, Drought Tolerant Plants, Low Maintenance, Storage Shed / Structure
  • Horse Property: Possible
  • Construction Type: Shingle, Wood, Wood Frame

Garage/Parking

  • Garage Spaces: 3
  • Parking Spaces: 8
  • Garage Max: 3
  • Garage Min: 3
  • Garage Parking Features: Common Parking Area, Detached Garage, Enclosed, Guest / Visitor Parking, Off-Street Parking, Room for Oversized Vehicle, Workshop in Garage

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Open Beam Ceiling, Skylight, Vaulted Ceiling

Schools

  • School District: Los Gatos-Saratoga Joint Union High

Lot Info

  • Lot Description: Grade - Gently Sloped, Grade - Mostly Level, Private / Secluded, Views
  • Parcel Number: 510-31-011
  • Lot Acres: 1.6600
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 72309.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 72309.00

Multi Family

  • Utilities: Natural Gas, Public Utilities

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 17, 2021
Sold by
Iversen Etrik Everett and Kensler Sarah Wyn
Bought by
Iversen Erik Everett and Kensler Sarah Wyn
Current Estimated Value
$3,084,957

Purchase Details

Listed on
Nov 14, 2017
Closed on
Oct 17, 2018
Sold by
Walton Anne Helen
Bought by
Iversen Erik E and Kensler Sarah W
Seller's Agent
Lynn Hanchett
Compass
Buyer's Agent
Paul Prouty
KW Bay Area Estates
List Price
$2,200,000
Sold Price
$2,050,000
Premium/Discount to List
-$150,000
-6.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.09%
Original Mortgage
$945,000
Outstanding Balance
$834,148
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$2,039,688

Purchase Details

Closed on
Apr 19, 2011
Sold by
Walton Charles A
Bought by
Walton Jonathan D

Purchase Details

Closed on
Nov 12, 2007
Sold by
Walton Charles A
Bought by
Walton Charles A
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
Iversen Erik Everett -- None Available
Iversen Erik E $2,322,727 Old Republic Title Co
Walton Jonathan D -- None Available
Walton Charles A -- None Available
Walton Charles A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Iversen Erik E $945,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2018 11/01/18 Sold $2,050,000 -4.7% $761 / Sq Ft
09/24/2018 09/24/18 Pending -- -- --
08/19/2018 08/19/18 Price Changed $2,150,000 -2.3% $798 / Sq Ft
08/19/2018 08/19/18 For Sale $2,200,000 0.0% $816 / Sq Ft
05/09/2018 05/09/18 Pending -- -- --
05/07/2018 05/07/18 Price Changed $2,200,000 -8.3% $816 / Sq Ft
11/14/2017 11/14/17 For Sale $2,398,000 -- $890 / 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 $22,889 $2,007,932 $2,007,932 --
2024 $22,889 $1,968,561 $1,968,561 --
2023 $25,774 $2,198,010 $1,929,962 $268,048
2022 $25,237 $2,154,913 $1,892,120 $262,793
2021 $24,851 $2,112,661 $1,855,020 $257,641
2020 $24,354 $2,091,000 $1,836,000 $255,000
2019 $23,991 $2,050,000 $1,800,000 $250,000
2018 $2,141 $161,983 $66,781 $95,202
2017 $2,133 $158,808 $65,472 $93,336
2016 $2,067 $155,695 $64,189 $91,506
2015 $2,031 $153,357 $63,225 $90,132
2014 $1,995 $150,354 $61,987 $88,367
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81684751

MLSListings

APN: 510-31-011