NOT LISTED FOR SALE

Estimated Value: $3,105,000 - $3,502,652

3 Beds
2 Baths
2,631 Sq Ft
$1,243/Sq Ft Est. Value

Last Sold October 28, 2022

Last sale price $2,900,000 $1,102 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $20,185/month

104 Days on Market

Highlights

  • In Ground Pool
  • City Lights View
  • Deck
  • Saratoga Elementary School Rated A
  • 2.31 Acre Lot
  • Secluded Lot

About This Home

As of October 2022

On a clear day San Francisco is at your beckon call and it just flows all the way to Downtown San Jose. This unique property was once a 1930's Jewel. Tucked away on a hillside retreat yet only minutes from either downtown Los Gatos or Saratoga. It is your time to enjoy this wonderful property. Per owner, home is serviced by public water and public sewer. 3 bedrooms and 2 full bathrooms. The "Great Room" is fantastic with a floor to ceiling Brick wood burning fireplace, hard wood floors, open wood beam ceiling and it all takes in the commanding Valley Views .Formal Dining room, Separate Family Room with wood paneling and Brick fireplace, add to the splendor of this home. Country kitchen with Wolfe Gas stove top, Electric oven, microwave, built-in Frig and hardwood floors. Decks galore surround the inground pool, barbeque areas plus a brick patio with portable fire pit and a huge separate storage shed.

Last Agent to Sell the Property

Chuck Nunnally

KW Bay Area Estates License #00588459 Listed on: 05/28/2022

KW Bay Area Estates

Last Buyer's Agent

Heidi Herz

Golden Gate Sotheby's International Realty License #01234067

Golden Gate Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,015

Year Built

  • Built in 1930

Lot Details

  • 2.31 Acre Lot
  • Secluded Lot
  • Lot Sloped Down
  • Hillside Location
  • Zoning described as HS-D1

Parking

  • 2 Car Detached Garage
  • Off-Site Parking

Property Views

  • City Lights
  • Mountain
  • Hills

Home Design

  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,631 Sq Ft Home
  • 2-Story Property
  • Skylights in Kitchen
  • Family Room with Fireplace
  • 2 Fireplaces
  • Great Room
  • Living Room with Fireplace
  • Formal Dining Room

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Kitchen Island
  • Ceramic Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry in Utility Room
  • Electric Dryer Hookup

Outdoor Features

  • In Ground Pool
  • Deck
  • Gazebo
  • Shed
  • Barbecue Area

Horse Facilities and Amenities

  • Horses Potentially Allowed on Property

Utilities

  • Vented Exhaust Fan
  • 220 Volts
  • Propane

Community Details

  • Courtyard

Listing and Financial Details

  • Assessor Parcel Number 510-53-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,015

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch
  • Age: 92
  • Listing Class: Residential
  • Structure Sq Ft: 2631
  • Incorporated: Yes
  • Year Built: 1930
  • Zoning Description: HS-D1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Living Room
  • Dining Room: Formal Dining Room
  • Kitchen: 220 Volt Outlet, Cooktop - Gas, Countertop - Ceramic, Exhaust Fan, Garbage Disposal, Hookups - Gas, Island, Microwave, Oven - Gas, Refrigerator, Skylight
  • Living Sq Ft: 2631
  • Stories: 2
  • Bedrooms: Ground Floor Bedroom
  • Laundry: Electricity Hookup (220V), In Utility Room
  • Flooring: Carpet, Hardwood
  • Additional Rooms: Great Room
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Shower over Tub - 1, Stall Shower, Tile
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter, Post and Pier
  • Pool Description: Pool - In Ground
  • Roof: Composition
  • View: City Lights, Hills, Mountains
  • Yard/Grounds: BBQ Area, Courtyard, Deck, Gazebo, Storage Shed / Structure
  • Horse Property: Possible
  • Pool: Yes
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Detached Garage, Off-Site Parking

Utilities

  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Los Gatos-Saratoga Joint Union High

Lot Info

  • Lot Description: Grade - Hillside, Grade - Sloped Down, Grade - Sloped Up, Grade - Varies, Private / Secluded, Views
  • Parcel Number: 510-53-001
  • Lot Acres: 2.3135
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 100777.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 100777.00

Multi Family

  • Utilities: Propane On Site, Public Utilities

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2022
Closed on
Sep 11, 2022
Sold by
Lockie Douglas G
Bought by
Vu Ngoc Vinh and Do Thanh Hai
Seller's Agent
Chuck Nunnally
KW Bay Area Estates
Buyer's Agent
Heidi Herz
Golden Gate Sotheby's International Realty
List Price
$3,500,000
Sold Price
$2,900,000
Premium/Discount to List
-$600,000
-17.14%
Views
8
Current Estimated Value
$3,269,663

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$369,663
Avg. Annual Appreciation
4.30%
Original Mortgage
$2,320,000
Interest Rate
6.02%
Mortgage Type
Balloon

Purchase Details

Closed on
Dec 23, 1996
Sold by
Mcgraw Lawrence W and Mcgraw Dorothea J
Bought by
Lockie Douglas G and Lockie Debra J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$547,500
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
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
Vu Ngoc Vinh $2,950,000 Stewart Title Of California
Lockie Douglas G $730,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vu Ngoc Vinh $2,320,000
Previous Owner Lockie Douglas G $0
Previous Owner Lockie Douglas G $1,309,000
Previous Owner Lockie Douglas G $1,635,000
Previous Owner Lockie Douglas G $1,642,200
Previous Owner Lockie Douglas G $1,650,000
Previous Owner Lockie Douglas G $350,000
Previous Owner Lockie Douglas G $56,000
Previous Owner Lockie Douglas G $547,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2022 10/28/22 Sold $2,900,000 -17.1% $1,102 / Sq Ft
09/10/2022 09/10/22 Pending -- -- --
05/28/2022 05/28/22 For Sale $3,500,000 -- $1,330 / 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 $35,015 $3,017,160 $2,715,444 $301,716
2024 $35,015 $2,958,000 $2,662,200 $295,800
2023 $34,716 $2,900,000 $2,610,000 $290,000
2022 $13,964 $1,120,361 $659,942 $460,419
2021 $13,724 $1,098,394 $647,002 $451,392
2020 $13,429 $1,087,132 $640,368 $446,764
2019 $13,208 $1,065,816 $627,812 $438,004
2018 $12,967 $1,044,918 $615,502 $429,416
2017 $12,849 $1,024,431 $603,434 $420,997
2016 $12,475 $1,004,345 $591,602 $412,743
2015 $12,197 $989,260 $582,716 $406,544
2014 $11,923 $969,883 $571,302 $398,581
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81893925

MLSListings

APN: 510-53-001