NOT LISTED FOR SALE

20711 Bear Creek Rd Los Gatos, CA 95033

Estimated Value: $1,595,000 - $1,911,102

17 Acres
$102,379 Price per Acre
749,276 Sq Ft Lot

Last Sold July 02, 2018

Last sale price $1,250,000 $391 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $11,076/month

139 Days on Market

Highlights

  • Bay View
  • 17.2 Acre Lot
  • Agricultural
  • Lakeside Elementary School Rated A
  • Vineyard
  • Lot Sloped Down

About This Lot

As of July 2018

EXTREMELY RARE MULTI-ACRE PROPERTY WITH PANORAMIC FOREST AND MONTEREY BAY VIEWS TOTALING 17 +/- ACRES * APPROX. 5 ACRES OF KNOLL TOP LAND WITH VIEWS SUITABLE FOR DEVELOPMENT * PRIOR USES INCL. VINEYARD AND TREE FARM * LOCATED JUST MINUTES TO DOWNTOWN LOS GATOS AND SECONDS TO TOP SANTA CRUZ MTN WINERIES * THE OPPORTUNITIES ARE ENDLESS...BUILD A CUSTOM ESTATE, PRIME AGRICULTURAL/VITICULTURAL LAND, MULTI-GENERATIONAL/FAMILY COMPOUND...ONLY LIMITATION IS YOUR IMAGINATION! * PROPERTY IS IMPROVED WITH THREE STRUCTURES, INCLUDING 4 BEDROOM, 3 BATH SINGLE FAMILY HOME OF 2,800 +/- SQ. FT., WORKSHOP OF 1,800 +/- SQ. FT. FEAT. 3 OFFICES, AND 3,200 +/- SQ. FT. MULTI-PURPOSE BUILDING FEAT. 5 OFFICES AND 2 BATHS (PREVIOUSLY USED AS OFFICE/R&D SPACE). TOP-RATED LOS GATOS SCHOOLS: LAKESIDE ELEM., C.T. ENGLISH MIDDLE, LG HIGH (BUYER TO VERIFY ENROLLMENT). PHOTOS HAVE BEEN PROVIDED BY SELLER AND ARE APPROXIMATELY FROM 2013, AND MAY NOT BE 100% ACCURATE AND DO NOT REPRESENT CURRENT PROPERTY CONDITION.

Last Agent to Sell the Property

Cole and Riese

Coldwell Banker Realty License #70010123 Listed on: 01/24/2018

Last Buyer's Agent

Nathan Hadaway

Coldwell Banker Solano Pacific License #02007679

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $19,728

Lot Details

  • 17.2 Acre Lot
  • Lot Sloped Down
  • Mostly Level

Property Views

  • Bay
  • Mountain
  • Forest

Farming

  • Vineyard
  • Agricultural

Horse Facilities and Amenities

  • Horses Potentially Allowed on Property

Utilities

  • Well
  • Septic Tank

Property Details

Property Type

Land

Est. Annual Taxes

$19,728

Lot Details

0

Listing Details

  • Zoning: A
  • Subclass: Residential Lot
  • Listing Class: Residential Lots & Land
  • Present Use: Residential
  • Development Status: Improvements - Other
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Bay, Forest / Woods, Mountains
  • Horse Property: Possible

Utilities

  • Sewer/Septic System: Existing Septic

Schools

  • School District: Los Gatos-Saratoga Joint Union High
  • High School: Los Gatos High
  • High School: 262

Lot Info

  • Lot Description: Agricultural Use, Grade - Gently Sloped, Grade - Mostly Level, Grade - Sloped Down, Grade - Sloped Up, Vineyard
  • Lot Acres: 17.2010
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 749276.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 749276.00
  • Parcel Access: Accessible

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2018
Closed on
Jul 2, 2018
Sold by
Dunn Dan Charles and Mikes Nike
Bought by
Sears Russell C and Goodheart Dara B
Seller's Agent
Cole and Riese
Coldwell Banker Realty
Buyer's Agent
Nathan Hadaway
Coldwell Banker Solano Pacific
List Price
$1,595,000
Sold Price
$1,250,000
Premium/Discount to List
-$345,000
-21.63%
Current Estimated Value
$1,722,648

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$472,648
Avg. Annual Appreciation
4.93%
Original Mortgage
$1,000,000
Interest Rate
4.6%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 28, 2015
Sold by
Mikes Nike and Dunn Dan C
Bought by
Dunn Dan Charles and Mikes Nike

Purchase Details

Closed on
Jan 10, 2005
Sold by
Mikes Nike
Bought by
Mikes Nike and Dunn Dan C

Purchase Details

Closed on
Feb 26, 2004
Sold by
Povlin Michael
Bought by
Mikes Nike

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$783,200
Interest Rate
6.1%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 7, 2000
Sold by
Allansmith R
Bought by
Povlin Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.87%

Purchase Details

Closed on
Jul 14, 1999
Sold by
Allansmith M D Robert
Bought by
Allansmith R
Source: Public Records

Range of Values:

Collateral Analytics

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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
Sears Russell C $1,250,000 Cornerstone Title Company
Dunn Dan Charles -- None Available
Mikes Nike -- First American Title Co
Mikes Nike $979,000 First American Title Co
Povlin Michael $950,000 First American Title Co
Allansmith R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sears Russell C $1,760,000
Closed Sears Russell C $1,500,000
Closed Sears Russell C $1,000,000
Previous Owner Mikes Nike $119,990
Previous Owner Mikes Nike $960,000
Previous Owner Mikes Nike $400,000
Previous Owner Mikes Nike $783,200
Previous Owner Povlin Michael $505,000
Previous Owner Povlin Michael $505,000
Previous Owner Povlin Michael $500,000
Closed Mikes Nike $146,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2018 07/02/18 Sold $1,250,000 +4.6% $391 / Sq Ft
06/13/2018 06/13/18 Pending -- -- --
05/07/2018 05/07/18 Price Changed $1,195,000 -14.3% $374 / Sq Ft
03/25/2018 03/25/18 Price Changed $1,395,000 -12.5% $437 / Sq Ft
01/24/2018 01/24/18 For Sale $1,595,000 -- $499 / 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 $19,728 $1,735,334 $892,415 $842,919
2023 $19,270 $1,667,949 $857,762 $810,187
2022 $19,417 $1,635,244 $840,943 $794,301
2021 $15,593 $1,288,209 $824,454 $463,755
2020 $15,554 $1,275,000 $816,000 $459,000
2019 $14,834 $1,250,000 $800,000 $450,000
2018 $14,414 $1,208,336 $805,973 $402,363
2017 $14,277 $1,178,905 $786,344 $392,561
2016 $12,995 $1,091,579 $728,096 $363,483
2015 $11,765 $983,404 $655,942 $327,462
2014 $9,747 $799,515 $533,286 $266,229
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81690063

MLSListings

APN: 091-031-06-000