NOT LISTED FOR SALE

Estimated Value: $1,430,000 - $2,059,000

3 Beds
2.5 Baths
1,815 Sq Ft
$926/Sq Ft Est. Value

Last Sold August 17, 2021

Last sale price $1,645,000 $906 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $9,549/month

15 Days on Market

Highlights

  • Primary Bedroom Suite
  • 2.86 Acre Lot
  • Deck
  • Lexington Elementary School Rated A-
  • Mountain View
  • Contemporary Architecture

About This Home

As of August 2021

Just behind the private automatic gate sits a long private driveway to a 2-car detached garage on nearly 3 private and sunny acres of meadow, mixed woods, and a seasonal creek all within 3 miles of Los Gatos downtown. This stunning contemporary 3bd/ 2.5ba home sitting among the tree line is updated throughout with Brazilian cherry and acacia hardwood floors, steam shower, freestanding soaking tub, heated floors in MB, dual pane windows, copper plumbing, newer heater and a wrap around deck plus large stamped concrete patio for indoor/ outdoor living mountain style. Downstairs features open plan living, dining, and kitchen with large breakfast bar, mudroom and half bath. Walk up the dramatic staircase to find 2 guest rooms with Jack and Jill bathroom and master bedroom with ensuite and access to a second story deck overlooking the patio. Plenty of space for ADU and oversized vehicles. Desirable Los Gatos school district. Easy access to Silicon Valley and Santa Cruz.

Last Agent to Sell the Property

Jayson Madani

Room Real Estate License #70010074 Listed on: 05/07/2021

Last Buyer's Agent

Jayson Madani

Room Real Estate License #70010074 Listed on: 05/07/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,115

Year Built

  • 1978

Lot Details

  • 2.86 Acre Lot
  • Fenced Front Yard

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Uncovered Parking

Property Views

  • Mountain
  • Hills
  • Forest

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,815 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Double Pane Windows
  • Combination Dining and Living Room
  • Utility Room
  • Laundry in Utility Room
  • Security Gate

Kitchen

  • Open to Family Room
  • Electric Oven
  • Gas Cooktop
  • Microwave
  • Granite Countertops

Flooring

  • Wood
  • Radiant Floor
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Remodeled Bathroom
  • Soaking Tub in Primary Bathroom
  • Oversized Bathtub in Primary Bathroom
  • Steam Shower
  • Walk-in Shower

Outdoor Features

  • Seasonal Stream
  • Balcony
  • Deck
  • Barbecue Area

Utilities

  • Forced Air Heating System
  • Well
  • Septic Tank

Additional Features

  • Energy-Efficient Insulation
  • Horses Potentially Allowed on Property

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,115

Year Built

1978

Lot Details

0

Parking

2

Listing Details

  • Zoning: HS-SR
  • Subclass: Single Family Home
  • Style: Contemporary
  • Age: 43
  • Listing Class: Residential
  • Structure Sq Ft: 1815
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1978

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Dining Room: Dining Area, Dining Area In Living Room
  • Kitchen: Cooktop - Gas, Countertop - Granite, Microwave, Oven - Electric, Refrigerator
  • Living Sq Ft: 1815
  • Stories: 2
  • Bedrooms: Primary Suite / Retreat
  • Laundry: In Utility Room
  • Flooring: Hardwood, Tile
  • Additional Rooms: Utility Room
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Primary - Oversized Tub, Primary - Stall Shower(s), Stall Shower, Steam Shower, Updated Bath

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • View: Forest / Woods, Hills, Mountains
  • Yard/Grounds: Balcony / Patio, Bbq Area, Deck
  • Horse Property: Possible
  • Fencing: Fenced Front
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 8
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Detached Garage, Gate / Door Opener, Room For Oversized Vehicle, Uncovered Parking

Utilities

  • Heating System: Forced Air, Radiant Floors
  • Sewer/Septic System: Existing Septic

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Security Gate

Schools

  • School District: Los Gatos-Saratoga Joint Union High

Lot Info

  • Lot Description: Stream - Seasonal
  • Lot Acres: 2.8600
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 124581.60
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 124581.60

Green Features

  • Energy Features: Double Pane Windows, Insulation - Per Owner

Multi Family

  • Utilities: Natural Gas, Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2021
Closed on
Aug 10, 2021
Sold by
Kalaga Ramachandra Rao and Kalaga Asha Jyotsna
Bought by
Patel Jagdish and Patel Saku
Seller's Agent
Jayson Madani
Room Real Estate
Buyer's Agent
Jayson Madani
Room Real Estate
List Price
$1,625,000
Sold Price
$1,645,000
Premium/Discount to List
$20,000
1.23%
Current Estimated Value
$1,681,068

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,068
Avg. Annual Appreciation
0.06%

Purchase Details

Listed on
Sep 4, 2018
Closed on
Oct 15, 2018
Sold by
Tam Ching Stanley and Tam Ching Mary
Bought by
Kalaga Ramchandra Rao and Kalaga Asha Jyotsna
Seller's Agent
Scott Raley
CSR Real Estate Services
Buyer's Agent
Jayson Madani
KW Thrive Santa Cruz
List Price
$1,588,000
Sold Price
$1,485,101
Premium/Discount to List
-$102,899
-6.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.69%
Original Mortgage
$1,188,080
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2015
Sold by
Chin Stanley and Tam Ching Mary
Bought by
Ching Family Trust

Purchase Details

Closed on
May 12, 2012
Sold by
Hsbc Bank Usa National Association
Bought by
Ching Stanley T H and Tam Ching Mary N

Purchase Details

Closed on
Sep 14, 2011
Sold by
Hubcher Richard and Protsenko Tania
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Apr 21, 2006
Sold by
Lasalle Bank Na
Bought by
Hubcher Richard and Protsenko Tania

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,000
Interest Rate
8.35%
Mortgage Type
Balloon

Purchase Details

Closed on
Sep 20, 2005
Sold by
Yip Lawrence
Bought by
Lasalle Bank Na

Purchase Details

Closed on
Jun 12, 2001
Sold by
Yip Lawrence W
Bought by
Yip Lawrence W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
7.14%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
May 30, 1999
Sold by
Yip Lawrence W and Yip Cecilia S
Bought by
Yip Lawrence W and Yip Cecilia S
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
Patel Jagdish $1,645,000 First American Title Company
Kalaga Ramchandra Rao $1,485,500 Fidelity National Title Co
Ching Family Trust -- None Available
Ching Stanley T H $550,000 Landsafe Title Simi Valley
Hsbc Bank Usa National Association $472,500 Accommodation
Hubcher Richard $610,000 First American Title
Lasalle Bank Na $652,442 Alliance Title Company
Yip Lawrence W -- Alliance Title Company
Yip Lawrence W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kalaga Ramchandra Rao $1,188,080
Previous Owner Hubscher Richard $314,000
Previous Owner Hubcher Richard $488,000
Previous Owner Yip Lawrence W $50,000
Previous Owner Yip Lawrence $600,000
Previous Owner Yip Lawrence W $50,000
Previous Owner Yip Lawrence $547,500
Previous Owner Yip Lawrence W $60,000
Previous Owner Yip Lawrence W $427,000
Previous Owner Yip Lawrence W $52,000
Previous Owner Yip Lawrence W $375,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2021 08/17/21 Sold $1,645,000 +1.2% $906 / Sq Ft
05/23/2021 05/23/21 Pending -- -- --
05/07/2021 05/07/21 For Sale $1,625,000 +9.4% $895 / Sq Ft
10/23/2018 10/23/18 Sold $1,485,101 -6.5% $818 / Sq Ft
09/17/2018 09/17/18 Pending -- -- --
09/04/2018 09/04/18 For Sale $1,588,000 -- $875 / 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 $7,115 $586,306 $234,522 $351,784
2024 $7,115 $574,811 $229,924 $344,887
2023 $6,930 $563,541 $225,416 $338,125
2022 $6,892 $552,493 $220,997 $331,496
2021 $18,101 $1,530,496 $1,030,567 $499,929
2020 $17,801 $1,514,803 $1,020,000 $494,803
2019 $17,582 $1,485,101 $1,000,000 $485,101
2018 $7,561 $607,142 $408,442 $198,700
2017 $7,553 $595,238 $400,434 $194,804
2016 $7,369 $583,568 $392,583 $190,985
2015 $7,339 $574,804 $386,687 $188,117
2014 $7,247 $563,546 $379,113 $184,433
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81842835

MLSListings

APN: 544-34-060