NOT LISTED FOR SALE

21392 Madrone Dr Los Gatos, CA 95033

Lexington HIlls Neighborhood

Estimated Value: $1,407,000 - $1,951,000

6 Beds
3 Baths
3,092 Sq Ft
$544/Sq Ft Est. Value

Last Sold August 08, 2017

Last sale price $1,170,000 $378 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $10,413/month

39 Days on Market

Highlights

  • In Ground Pool
  • Mountain View
  • Deck
  • Lexington Elementary School Rated A-
  • Clubhouse
  • Wood Flooring

About This Home

As of August 2017

Fabulous living in this spacious country home in Redwood Estates. This 3092 sq ft home on 6/10 acre sits on a sunny flat lot. 5 bedroom 2 bath plus separate 1 bed/1 bath apartment! Charming everywhere and beautiful light throughout from oversize windows, french doors and skylights. Spacious kitchen has stainless steel appliances, ample freshly painted cabinetry, greenhouse dining area that opens to decks and large storage/pantry and laundry area. Large bedrooms, lovely master suite, office space, new paint throughout, refinished hardwood floors and new flooring in bedrooms. Extra workshop and storage. Apartment has bedroom suite plus kitchen and living room. Amazing secluded sunny yard with swings, play structure, beautiful oak and fruit trees: apricot, plums, apple, fig, pear, persimmon, and blackberry. Great community with parks, pool, store, post office and cafe. Easy commute location with best schools: Lexington elementary, Fisher and Los Gatos High!

Last Agent to Sell the Property

Lisa Sgarlato

Compass License #01342694 Listed on: 06/06/2017

Compass

Last Buyer's Agent

Valerie Trenter

Coldwell Banker Realty License #01367578

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,343

Year Built

  • Built in 1926

Lot Details

  • 0.59 Acre Lot
  • Partially Fenced Property
  • Level Lot
  • Zoning described as HS

HOA Fees

  • $89 Monthly HOA Fees

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,092 Sq Ft Home
  • 1-Story Property
  • Skylights in Kitchen
  • Wood Burning Fireplace
  • Separate Family Room
  • Den
  • Workshop
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Dishwasher
  • Tile Countertops

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry in Utility Room
  • Electric Dryer Hookup

Parking

  • Covered Parking
  • Off-Street Parking

Outdoor Features

  • In Ground Pool
  • Deck

Utilities

  • Forced Air Heating System
  • 220 Volts
  • Propane
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 544-37-116

Community Details

Overview

  • Association fees include maintenance - road, pool spa or tennis
  • Resa Association
  • Built by Redwood Estates

Amenities

  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,343

Year Built

Built in 1926

Lot Details

0

HOA Fees

$89 per month

Listing Details

  • Subclass: Single Family Home
  • Age: 91
  • Listing Class: Residential
  • Structure Sq Ft: 3092
  • Complex Name: Redwood Estates
  • Year Built: 1926
  • Zoning Description: HS
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Wood Burning
  • Dining Room: Eat in Kitchen, Skylight
  • Kitchen: 220 Volt Outlet, Countertop - Tile, Dishwasher, Oven Range - Gas, Pantry, Refrigerator, Skylight
  • Living Sq Ft: 3092
  • Stories: 1
  • Laundry: Electricity Hookup (220V), In Utility Room
  • Flooring: Hardwood, Laminate, Tile
  • Additional Rooms: Den / Study / Office, Storage, Workshop
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 6
  • Minimum Numberof Bedrooms: 6
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Bathroom: Shower and Tub, Stall Shower
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Community Facility, Pool - In Ground
  • Roof: Composition
  • View: Mountains
  • Yard/Grounds: Deck, Fenced
  • Pool: Yes
  • Fencing: Partial Fencing
  • Construction Type: Wood

Garage/Parking

  • Garage Parking Features: Covered Parking, Off-Street Parking, Room for Oversized Vehicle

Utilities

  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Existing Septic

Condo/Co-op/Association

  • HOA Fees: 89
  • HOA Amenities: Club House, Community Pool
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Maintenance - Road, Pool, Spa, or Tennis
  • H O A Name Text: RESA
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Skylight

Schools

  • School District: Los Gatos-Saratoga Joint Union High
  • Elementary School: Lexington Elementary
  • Middle School: Raymond J. Fisher Middle
  • High School: Los Gatos High
  • High School: 262
  • Elementary School: 142
  • Middle School: 141

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 544-37-116
  • Lot Acres: 0.5868
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 25560.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 25560.00

Multi Family

  • Utilities: Propane On Site, 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
  • Middle School Text: Raymond J. Fisher Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2017
Closed on
Jul 28, 2017
Sold by
Cornett Larry L and Cornett Nicole M
Bought by
Wright Elizabeth J L
Seller's Agent
Lisa Sgarlato
Compass
Buyer's Agent
Valerie Trenter
Coldwell Banker Realty
List Price
$1,299,000
Sold Price
$1,170,000
Premium/Discount to List
-$129,000
-9.93%
Current Estimated Value
$1,660,051

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$490,051
Avg. Annual Appreciation
3.62%
Original Mortgage
$300,000
Outstanding Balance
$252,312
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$1,304,210

Purchase Details

Closed on
Oct 6, 2003
Sold by
Chu David C and Price Ruth D
Bought by
Cornett Larry L and Cornett Nicole M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 27, 1994
Sold by
Allie Vernon L and Allie Harriet
Bought by
Chu David C and Price Ruth D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,200
Interest Rate
8.51%
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
Wright Elizabeth J L $1,150,000 Old Republic Title Company
Cornett Larry L $650,000 Stewart Title Of California
Chu David C $299,000 North American Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wright Elizabeth J L $300,000
Previous Owner Cornett Larry L $606,000
Previous Owner Cornett Larry L $520,000
Previous Owner Chu David C $198,000
Previous Owner Chu David C $239,200
Closed Cornett Larry L $97,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2017 08/08/17 Sold $1,170,000 -2.4% $378 / Sq Ft
07/16/2017 07/16/17 Pending -- -- --
07/02/2017 07/02/17 Price Changed $1,199,000 -7.7% $388 / Sq Ft
06/06/2017 06/06/17 For Sale $1,299,000 -- $420 / 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 $15,343 $1,331,255 $284,454 $1,046,801
2024 $15,343 $1,305,153 $278,877 $1,026,276
2023 $15,037 $1,279,562 $273,409 $1,006,153
2022 $14,941 $1,254,474 $268,049 $986,425
2021 $14,698 $1,229,878 $262,794 $967,084
2020 $14,456 $1,217,268 $260,100 $957,168
2019 $14,281 $1,193,400 $255,000 $938,400
2018 $14,101 $1,170,000 $250,000 $920,000
2017 $9,845 $796,285 $581,903 $214,382
2016 $9,660 $780,673 $570,494 $210,179
2015 $9,564 $768,947 $561,925 $207,022
2014 $9,440 $753,885 $550,918 $202,967
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2017

    Lisa Sgarlato

    Compass

    Section Image

  • V

    Buyer's Agent in 2017

    Valerie Trenter

    Coldwell Banker Realty

    (650) 329-6668

    8 Total Sales

    Section Image
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Map

Source: MLSListings

MLS Number: ML81654686

MLSListings

APN: 544-37-116

California Santa Clara County Los Gatos 95033 Lexington HIlls

21392 Madrone Dr, Los Gatos, CA

This home is located at 21392 Madrone Dr, Los Gatos, CA 95033 since 06 June 2017 and is currently estimated at $1,683,297, approximately $544 per square foot. This property was built in 1926. 21392 Madrone Dr is a home located in Santa Clara County with nearby schools including Lexington Elementary School, Loma Prieta Elementary School, and C. T. English Middle School.

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