NOT LISTED FOR SALE

Estimated Value: $1,196,000 - $1,550,000

2 Beds
1.5 Baths
1,748 Sq Ft
$792/Sq Ft Est. Value

Last Sold July 15, 2016

Last sale price $1,040,000 $595 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $8,631/month

17 Days on Market

Highlights

  • 1.68 Acre Lot
  • A-Frame Home
  • Wood Flooring
  • Lexington Elementary School Rated A-
  • Deck
  • Beamed Ceilings

About This Home

As of July 2016

Nestled in the highly desirable Aldercroft Heights community of Los Gatos Hills & just moments from downtown Los Gatos, this oasis offers the perfect combination of convenience & serene privacy with every desirable detail including vaulted wood beam ceilings, rich hardwood floors throughout the common living area, vast windows abound that invite an abundance of natural light, tastefully updated gourmet kitchen with granite countertops, built in desk area, & large center island, 2 beds & 1 bath on the main level, 1 bed/office w/1/2 bath & living room downstairs that leads to the large back deck with a hot tub. This incredible lot encompasses 2 parcels over 1.5 acres with a 1 bed detached in-law quarters w/full kitchen, living room, bathroom & private patio space, and has a chicken coop. Fall in love with this tranquil retreat where you can hear the peaceful flowing stream and enjoy the stunning mountain views. Affiliated with top rated Los Gatos schools.This home is a must see!

Last Agent to Sell the Property

Ashley Rabello

Redfin License #01866916 Listed on: 05/16/2016

Redfin

Last Buyer's Agent

Jill Cole

Coldwell Banker Realty License #01489680

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,249

Year Built

  • Built in 1940

Lot Details

  • 1.68 Acre Lot
  • Fenced
  • Sprinklers on Timer
  • May Be Possible The Lot Can Be Split Into 2+ Parcels
  • Zoning described as HS

Parking

  • 4 Car Garage
  • No Garage

Home Design

  • A-Frame Home
  • Pillar, Post or Pier Foundation
  • Composition Roof

Interior Spaces

  • 1,748 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Wood Burning Fireplace
  • Separate Family Room
  • Dining Area
  • Breakfast Bar
  • Laundry on upper level
  • Unfinished Basement

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Deck
  • Shed

Farming

  • Farm Animals Allowed

Utilities

  • Forced Air Heating and Cooling System
  • Septic Tank

Community Details

  • Built by Aldercroft Heights
  • Stream

Listing and Financial Details

  • Assessor Parcel Number 558-20-041

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,249

Year Built

Built in 1940

Lot Details

0

Parking

4

Listing Details

  • Subclass: Single Family Home
  • Style: A-Frame
  • Age: 76
  • Listing Class: Residential
  • Structure Sq Ft: 1748
  • Complex Name: Aldercroft Heights
  • Year Built: 1940
  • Zoning Description: HS
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Wood Burning
  • Dining Room: Breakfast Bar, Dining Area
  • Kitchen: Countertop - Other
  • Living Sq Ft: 1748
  • Stories: 2
  • Laundry: Upper Floor
  • Flooring: Carpet, Hardwood
  • Additional Rooms: Basement - Unfinished, In-Law Unit, Storage
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: Yes

Exterior Features

  • Foundation: Pillars / Posts / Piers
  • Roof: Composition
  • Yard/Grounds: Deck, Fenced, Sprinklers - Auto, Storage Shed / Structure

Garage/Parking

  • Garage Spaces: 4
  • Parking Spaces: 4
  • Garage Max: 4
  • Garage Min: 4
  • Garage Parking Features: No Garage

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Open Beam Ceiling

Schools

  • School District: Los Gatos-Saratoga Joint Union High
  • Elementary School: Lexington Elementary
  • High School: Los Gatos High
  • High School: 262
  • Elementary School: 142

Lot Info

  • Lot Description: Farm Animals (Permitted), Possible Lot Split, Stream - Year Round
  • Parcel Number: 558-20-041
  • Lot Acres: 1.6800
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 73180.80
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 73180.80

Multi Family

  • Utilities: Public Utilities

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2016
Closed on
Jul 7, 2016
Sold by
Griffin Cameron R and Griffin Katrina M
Bought by
Kneckt Jarkko Lauri Sakari and Kneckt Katja Elina
Seller's Agent
Ashley Rabello
Redfin
Buyer's Agent
Jill Cole
Coldwell Banker Realty
List Price
$1,050,000
Sold Price
$1,040,000
Premium/Discount to List
-$10,000
-0.95%
Current Estimated Value
$1,384,213

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$344,213
Avg. Annual Appreciation
3.18%
Original Mortgage
$470,000
Outstanding Balance
$377,169
Interest Rate
3.66%
Mortgage Type
New Conventional
Estimated Equity
$1,007,044

Purchase Details

Listed on
May 16, 2016
Closed on
Jun 21, 2016
Sold by
Warfel Laura Michele
Bought by
Gilliland Douglas C and Gilliland Lisa L
Seller's Agent
Ashley Rabello
Redfin
Buyer's Agent
Jill Cole
Coldwell Banker Realty
List Price
$1,050,000
Sold Price
$1,040,000
Premium/Discount to List
-$10,000
-0.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$470,000
Outstanding Balance
$377,169
Interest Rate
3.66%
Mortgage Type
New Conventional
Estimated Equity
$1,007,044

Purchase Details

Listed on
Sep 3, 2013
Closed on
Oct 23, 2013
Sold by
Smith Mark A and Smith Megan S
Bought by
Griffin Cameron R and Griffin Katrina M
Seller's Agent
Amy McCafferty
Compass
Buyer's Agent
Angelica Robles
Redfin
List Price
$825,000
Sold Price
$815,000
Premium/Discount to List
-$10,000
-1.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.38%
Original Mortgage
$692,750
Interest Rate
4.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2002
Sold by
Smith Gerald W
Bought by
Smith Mark A and Smith Megan S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,000
Interest Rate
6.83%

Purchase Details

Closed on
May 20, 2002
Sold by
Burger Ronald Edward and Burger Jennifer Phillips
Bought by
Smith Gerald W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,000
Interest Rate
6.83%

Purchase Details

Closed on
Mar 19, 2001
Sold by
Burger Ronald Edward and Burger Jennifer Phillips
Bought by
Burger Ronald E and Burger Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$636,000
Interest Rate
7.19%
Mortgage Type
Balloon
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
Kneckt Jarkko Lauri Sakari $1,040,000 Orange Coast Title Co Norcal
Gilliland Douglas C $990,000 Orange Coast Title Co Norcal
Griffin Cameron R $815,000 Orange Coast Title Company O
Smith Mark A $445,000 Stewart Title
Smith Gerald W -- Chicago Title Co
Burger Ronald E -- Alliance Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kneckt Jarkko Lauri Sakari $470,000
Closed Gilliland Douglas C $594,000
Previous Owner Griffin Cameron R $692,750
Previous Owner Smith Mark A $417,000
Previous Owner Smith Mark A $414,500
Previous Owner Smith Mark A $417,000
Previous Owner Smith Mark A $400,000
Previous Owner Smith Mark A $356,000
Previous Owner Burger Ronald E $636,000
Previous Owner Burger Ronald Edward $189,500
Closed Smith Mark A $44,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2016 07/15/16 Sold $1,040,000 -1.0% $595 / Sq Ft
06/03/2016 06/03/16 Pending -- -- --
05/16/2016 05/16/16 For Sale $1,050,000 +28.8% $601 / Sq Ft
10/28/2013 10/28/13 Sold $815,000 -1.2% $466 / Sq Ft
09/30/2013 09/30/13 Pending -- -- --
09/03/2013 09/03/13 For Sale $825,000 -- $472 / 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 $13,249 $1,148,974 $858,829 $290,145
2024 $13,249 $1,126,446 $841,990 $284,456
2023 $12,972 $1,104,360 $825,481 $278,879
2022 $12,889 $1,082,707 $809,296 $273,411
2021 $12,673 $1,061,478 $793,428 $268,050
2020 $12,464 $1,050,595 $785,293 $265,302
2019 $12,312 $1,029,996 $769,896 $260,100
2018 $12,156 $1,009,800 $754,800 $255,000
2017 $12,143 $990,000 $740,000 $250,000
2016 $9,989 $813,152 $517,767 $295,385
2015 $10,306 $831,028 $540,079 $290,949
2014 $10,171 $814,750 $529,500 $285,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81585804

MLSListings

APN: 558-20-041