NOT LISTED FOR SALE

Estimated Value: $2,908,000 - $4,001,000

2.23 Acres
$1,514,269 Price per Acre
97,139 Sq Ft Lot

Last Sold July 07, 2017

Last sale price $2,425,000 $1,007 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $20,321/month

80 Days on Market

Highlights

  • Bay View
  • 2.23 Acre Lot
  • Seasonal Stream
  • Saratoga Elementary School Rated A
  • Secluded Lot

About This Lot

As of July 2017

VIEWS, VIEWS, VIEWS right off of Hwy 9! Spectacular, rare 2.23 acre secluded, private parcel in unincorporated Santa Clara County with 180 degree stunning city & mountain views. Best value in Los Gatos & Saratoga. Remodel existing home or build an enormous estate. Value is in the land. All Utilities are available at the street including City Water and Sewer connectivity Private, quiet setting, studded with majestic oaks nestled at the top of the coveted Redberry street lined with sprawling executive homes. Due to county jurisdiction, building codes are flexible allowing a good possibility to build a 6,000+ sqft home. Magnificent site for a vineyard. This property offers the best of both worlds, a tranquil Los Gatos setting along with the highly sought after Saratoga school district, minutes from downtown Los Gatos and Saratoga. Please see the incredible aerial photos in the virtual tour!

Last Agent to Sell the Property

Boyenga Team

KW Bay Area Estates License #70010882 Listed on: 03/17/2017

KW Bay Area Estates

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $31,327

Lot Details

  • 2.23 Acre Lot
  • Secluded Lot
  • Paved or Partially Paved Lot
  • Lot Sloped Up
  • Hillside Location

Property Views

  • Bay
  • Panoramic
  • Downtown
  • Canyon
  • Mountain
  • Hills
  • Forest
  • Valley

Additional Features

  • Seasonal Stream
  • Septic Tank

Property Details

Property Type

Land

Est. Annual Taxes

$31,327

Lot Details

0

Listing Details

  • Zoning: RHS-D
  • Subclass: Residential Lot
  • Listing Class: Residential Lots & Land
  • Present Use: Residential
  • Development Status: Build To Suit
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Bay, Canyon, City Lights, Downtown, Forest / Woods, Hills, Mountains, Panoramic, Valley

Utilities

  • Sewer/Septic System: Septic Tank / Pump, Sewer - Public, Sewer Available

Schools

  • High School: 264

Lot Info

  • Lot Description: Grade - Hillside, Grade - Sloped Up, Grade - Varies, Paved, Private / Secluded, Stream - Seasonal, Views
  • Lot Acres: 2.2300
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 97138.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 97138.00
  • Parcel Access: County Maintained Road, Paved Road

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2017
Closed on
Jun 8, 2017
Sold by
Jacobs Michael W and Jacobs Jennifer Q
Bought by
Izrailevsky Yury A and Kaniouchina Ekaterina V
Seller's Agent
Boyenga Team
KW Bay Area Estates
Buyer's Agent
Boyenga Team
KW Bay Area Estates
List Price
$2,580,000
Sold Price
$2,425,000
Premium/Discount to List
-$155,000
-6.01%
Current Estimated Value
$3,376,819

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$951,819
Avg. Annual Appreciation
4.06%
Original Mortgage
$1,212,500
Outstanding Balance
$967,507
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,409,312

Purchase Details

Closed on
Feb 1, 2013
Sold by
Jacobs Michael W and Jacobs Jennifer Q
Bought by
Jacobs Michael W and Jacobs Jennifer Q

Purchase Details

Closed on
Nov 10, 2011
Sold by
Jacobs Michael W and Jacobs Jennifer Q
Bought by
Jacobs Michael W and Jacobs Jennifer Q

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 30, 2003
Sold by
Jacobs Jennifer Q and Jacobs Michael W
Bought by
Jacobs Michael W and Jacobs Jennifer Q

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,260,000
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 23, 2003
Sold by
Jacobs Michael W and Jacobs Jennifer Q
Bought by
Jacobs Michael W and Jacobs Jennifer Q

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,260,000
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 29, 2002
Sold by
Jacobs Jennifer Q and Jacobs Michael W
Bought by
Jacobs Michael W and Jacobs Jennifer Q

Purchase Details

Closed on
May 22, 2000
Sold by
Webb Robert L And Dorothy E Trustee
Bought by
Jacobs Michael W and Jacobs Jennifer Q

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,256,500
Interest Rate
8.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 19, 1996
Sold by
Webb Webb Robert L Robert L
Bought by
Webb Webb Robert L Robert L

Purchase Details

Closed on
Jan 13, 1987
Sold by
Webb Robert L and Webb Dorothy E
Bought by
Webb Robert L and Webb Dorothy E
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
Izrailevsky Yury A $2,425,000 Orange Coast Title Co Norcal
Jacobs Michael W -- None Available
Jacobs Michael W -- Lsi Title Company
Jacobs Michael W -- Lsi
Jacobs Michael W -- Lsi
Jacobs Michael W -- Alliance Title Company
Jacobs Michael W -- Alliance Title Company
Jacobs Michael W -- --
Jacobs Michael W $1,795,000 Fidelity National Title Co
Webb Webb Robert L Robert L -- --
Webb Robert L -- --
Webb Robert L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Izrailevsky Yury A $1,212,500
Previous Owner Jacobs Michael W $1,100,000
Previous Owner Jacobs Michael W $1,260,000
Previous Owner Jacobs Michael W $1,256,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/07/2017 07/07/17 Sold $2,425,000 0.0% $1,007 / Sq Ft
07/07/2017 07/07/17 Sold $2,425,000 -6.0% $1,007 / Sq Ft View Prior Sale
06/06/2017 06/06/17 Pending -- -- --
06/06/2017 06/06/17 Pending -- -- --
03/17/2017 03/17/17 For Sale $2,580,000 0.0% $1,071 / Sq Ft
02/28/2017 02/28/17 For Sale $2,580,000 -- $1,071 / 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 $31,327 $2,759,231 $2,617,005 $142,226
2024 $31,327 $2,705,130 $2,565,692 $139,438
2023 $31,047 $2,652,089 $2,515,385 $136,704
2022 $30,398 $2,600,088 $2,466,064 $134,024
2021 $29,932 $2,549,107 $2,417,710 $131,397
2020 $29,333 $2,522,970 $2,392,920 $130,050
2019 $28,896 $2,473,500 $2,346,000 $127,500
2018 $28,414 $2,425,000 $2,300,000 $125,000
2017 $28,244 $2,377,150 $1,721,616 $655,534
2016 $23,177 $1,965,000 $1,420,000 $545,000
2015 $22,334 $2,295,534 $1,662,506 $633,028
2014 $20,874 $1,776,000 $1,286,200 $489,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81642797

MLSListings

APN: 510-27-026