NOT LISTED FOR SALE

Estimated Value: $4,466,000 - $6,088,274

4 Beds
3.5 Baths
3,588 Sq Ft
$1,488/Sq Ft Est. Value

Last Sold November 30, 2016

Last sale price $3,030,260 $845 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $32,232/month

42 Days on Market

Highlights

  • Black Bottom Pool
  • Bay View
  • 1.44 Acre Lot
  • Louise Van Meter Elementary School Rated A
  • Solar Power System
  • Deck

About This Home

As of November 2016

Panoramic views and close-to-town proximity are hallmarks of this well-appointed home situated on one of the finest view lots in Los Gatos. This extremely rare view property offers long-range views from Silicon Valley to San Francisco from virtually every room and several decks and outdoor entertainment areas. A gourmet kitchen with dual French door Subzero refrigerator, six-burner gas stove, Miele dishwasher and warming drawers are combined with a walk-in butler's pantry complete with its own sink and fridge. The home offers tremendous flexibility, with several living areas and several thousand square feet of decking creating the ultimate indoor-outdoor lifestyle. Four large bedrooms and a separate office complete the home. Outside, an amazing black-bottom pool and over an acre of gardens provide a multitude of outdoor entertainment areas. Top-rated LG Schools. Adjacent parcel also available for sale (MLS ML81627194) for $995,000 and is subject to pending lot line adjustment.

Last Agent to Sell the Property

Michael Riese

Coldwell Banker Realty License #01366625 Listed on: 10/04/2016

Coldwell Banker Realty

Last Buyer's Agent

Bill Lister

Coldwell Banker Realty License #01179611

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,878

Year Built

  • Built in 1960

Lot Details

  • 1.44 Acre Lot
  • Back and Front Yard Fenced
  • Lot Sloped Down
  • Sprinklers on Timer
  • Drought Tolerant Landscaping
  • Grass Covered Lot
  • Zoning described as HR110

Parking

  • 3 Car Garage
  • Electric Gate
  • Off-Street Parking

Property Views

  • Bay
  • Panoramic
  • City Lights
  • Mountain

Home Design

  • Modern Architecture
  • Wood Frame Construction
  • Rolled or Hot Mop Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,588 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Formal Entry
  • Family or Dining Combination
  • Den
  • Bonus Room
  • Alarm System

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • <<builtInOvenToken>>
  • Gas Cooktop
  • Warming Drawer
  • Dishwasher
  • Wine Refrigerator
  • Trash Compactor

Flooring

  • Wood
  • Carpet
  • Travertine

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • Dual Sinks
  • <<tubWithShowerToken>>
  • Walk-in Shower

Pool

  • Black Bottom Pool
  • Solar Heated In Ground Pool

Outdoor Features

  • Balcony
  • Deck
  • Shed
  • Barbecue Area

Utilities

  • Forced Air Heating and Cooling System
  • Septic Tank

Additional Features

  • Solar Power System
  • Horses Potentially Allowed on Property

Listing and Financial Details

  • Assessor Parcel Number 532-24-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,878

Year Built

Built in 1960

Lot Details

0

Parking

3

Listing Details

  • Subclass: Single Family Home
  • Style: Modern / High Tech
  • Property Condition: Built / Remodeled Green
  • Age: 56
  • Listing Class: Residential
  • Structure Sq Ft: 3588
  • Year Built: 1960
  • Zoning Description: HR110
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Wood Burning
  • Dining Room: Dining Area in Family Room, Eat in Kitchen
  • Kitchen: Cooktop - Gas, Dishwasher, Oven - Built-In, Pantry Cabinet, Refrigerator, Trash Compactor, Warming Drawer, Wine Refrigerator
  • Living Sq Ft: 3588
  • Stories: 2
  • Security: Security Alarm
  • Laundry: Hookup - Washer/Dryer
  • Flooring: Carpet, Hardwood, Travertine
  • Additional Rooms: Bonus / Hobby Room, Den / Study / Office, Formal Entry
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Shower and Tub, Stall Shower, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Pool Description: Pool - Black Bottom, Heated - Solar, Pool - In Ground
  • Roof: Rolled Composition
  • View: Bay, City Lights, Mountains, Panoramic
  • Yard/Grounds: Back Yard, Balcony / Patio, BBQ Area, Deck, Drought Tolerant Plants, Fenced, Low Maintenance, Sprinklers - Auto, Sprinklers - Lawn, Storage Shed / Structure
  • Horse Property: Possible
  • Pool: Yes
  • Fencing: Fenced Back, Fenced Front, Partial Fencing
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 3
  • Garage Max: 3
  • Garage Min: 3
  • Garage Parking Features: Attached Garage, Electric Gate, Off-Street Parking

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air
  • Sewer/Septic System: Existing Septic

Association/Amenities

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

Schools

  • School District: Los Gatos-Saratoga Joint Union High
  • Middle School: Raymond J. Fisher Middle
  • High School: Los Gatos High
  • High School: 262
  • Middle School: 141

Lot Info

  • Lot Description: Grade - Sloped Down
  • Parcel Number: 532-24-003
  • Lot Acres: 1.4360
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 62548.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 62548.00
  • Soil: Unknown

Green Features

  • Energy Features: Solar Heating - Pool, Solar Power, Solar Power On Grid

Multi Family

  • Utilities: Natural Gas, Public Utilities

MLS Schools

  • High School District Text: Los Gatos-Saratoga Joint Union High
  • 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
Jun 3, 2022
Sold by
Sheldon L Gilbert L and Sheldon Donna R
Bought by
Sheldon L Gilbert And Donna R Gilbert Family and Gilbert
Current Estimated Value
$5,340,091

Purchase Details

Listed on
Oct 4, 2016
Closed on
Nov 29, 2016
Sold by
Steffensen Peer and Steffensen Hanne Salome
Bought by
Gilbert Sheldon L and Gilbert Donna R
Seller's Agent
Michael Riese
Coldwell Banker Realty
Buyer's Agent
Bill Lister
Coldwell Banker Realty
List Price
$3,495,000
Sold Price
$3,030,260
Premium/Discount to List
-$464,740
-13.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.43%
Original Mortgage
$1,000,000
Interest Rate
3.95%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Mar 26, 2013
Closed on
Jun 3, 2013
Sold by
Cianciulli David Francis and Von Cianciulli Lynne
Bought by
Steffensen Peer and Steffensen Hanne Salome
Seller's Agent
Heather Crane
Intero Real Estate Services
Buyer's Agent
Steve& Christine Perry
Christie's International Real Estate Sereno
List Price
$2,650,000
Sold Price
$2,300,000
Premium/Discount to List
-$350,000
-13.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.25%
Original Mortgage
$200,000
Interest Rate
4.46%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 20, 2010
Sold by
Cianciulli David F and Cianciulli Lynne V
Bought by
Cianciulli David Francis and Von Cianciulli Lynne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,500
Interest Rate
4.52%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Sheldon L Gilbert And Donna R Gilbert Family -- None Listed On Document
Gilbert Sheldon L $3,030,500 Cornerstone Title Company
Steffensen Peer $2,300,000 Orange Coast Title Company
Cianciulli David Francis -- Stewart Title Of California
Cianciulli David F -- Stewart Title Of California
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gilbert Sheldon L $1,000,000
Previous Owner Gilbert Sheldon L $1,000,000
Previous Owner Steffensen Peer $367,500
Previous Owner Steffensen Peer $200,000
Previous Owner Steffensen Peer $1,840,000
Previous Owner Cianciulli David F $393,500
Previous Owner Cianciulli David F $656,000
Previous Owner Cianciulli David F $656,000
Previous Owner Cianciulli David F $250,000
Previous Owner Cianciulli David F $537,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2016 11/30/16 Sold $3,030,260 +1.2% $845 / Sq Ft
11/16/2016 11/16/16 Pending -- -- --
11/15/2016 11/15/16 Price Changed $2,995,000 -14.3% $835 / Sq Ft
11/12/2016 11/12/16 For Sale $3,495,000 0.0% $974 / Sq Ft
10/22/2016 10/22/16 Pending -- -- --
10/04/2016 10/04/16 For Sale $3,495,000 +52.0% $974 / Sq Ft
06/07/2013 06/07/13 Sold $2,300,000 -7.3% $641 / Sq Ft
05/21/2013 05/21/13 Pending -- -- --
05/07/2013 05/07/13 Price Changed $2,480,000 -6.4% $691 / Sq Ft
05/01/2013 05/01/13 For Sale $2,650,000 0.0% $739 / Sq Ft
04/30/2013 04/30/13 Pending -- -- --
04/15/2013 04/15/13 Price Changed $2,650,000 -11.1% $739 / Sq Ft
03/26/2013 03/26/13 For Sale $2,980,000 -- $831 / 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
2024 $32,878 $3,934,189 $1,563,375 $2,370,814
2023 $32,878 $2,867,417 $1,532,721 $1,334,696
2022 $48,398 $4,178,134 $2,952,843 $1,225,291
2021 $44,841 $3,847,826 $2,894,945 $952,881
2020 $41,608 $3,591,338 $2,865,261 $726,077
2019 $41,553 $3,561,443 $2,809,080 $752,363
2018 $38,381 $3,264,000 $2,754,000 $510,000
2017 $38,348 $3,200,000 $2,700,000 $500,000
2016 $27,426 $2,288,517 $1,820,412 $468,105
2015 $27,314 $2,254,142 $1,793,068 $461,074
2014 $26,948 $2,209,988 $1,757,945 $452,043
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81627110

MLSListings

APN: 532-24-003