NOT LISTED FOR SALE

Estimated Value: $845,000 - $953,000

3 Beds
2 Baths
1,190 Sq Ft
$760/Sq Ft Est. Value

Last Sold September 05, 2019

Last sale price $670,000 $563 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $5,606/month

24 Days on Market

Highlights

  • Heated In Ground Pool
  • Mountain View
  • Contemporary Architecture
  • Lexington Elementary School Rated A-
  • Clubhouse
  • Main Floor Primary Bedroom

About This Home

As of September 2019

Great potential as first home or investment property. Beautiful long range views of Sierra Azul Mountains. Sale includes second parcel 558-11-018 with 6,316 sq ft for a total lot square footage of 12,149 sq ft (all to be verified by buyer). Spacious Living Room with vaulted wood-beamed ceilings and sliding glass door to deck with long range views. Newly paved parking area accommodates at least 4 cars. This cozy home is located in the community of the Redwood Estates Community with public water system, community pool, pavilion, Nonno's Pizza restaurant, general store and post office. Easy access to Hwy 17 and very commutable to Silicon Valley. If buyers are considering this as an investment property, they may want to have the current tenants remain in the property. They have been excellent tenants in this property for the past 11 years and are interested in remaining. PLEASE DO NOT disturb tenants.Thank you.

Last Agent to Sell the Property

Barbara Harriman

Christie's International Real Estate Sereno License #01389088 Listed on: 07/09/2019

Last Buyer's Agent

Liya Zhu

FlyHomes, Inc License #02091856

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,118

Year Built

  • Built in 1930

Lot Details

  • 5,833 Sq Ft Lot
  • Partially Fenced Property
  • Wood Fence
  • Lot Sloped Down
  • Zoning described as HS

Home Design

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

Interior Spaces

  • 1,190 Sq Ft Home
  • 2-Story Property
  • Inverted Floor Plan
  • Dining Room
  • Mountain Views

Kitchen

  • Electric Oven
  • Tile Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry in Utility Room
  • Washer and Dryer

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Pool

  • Heated In Ground Pool
  • Gunite Pool

Utilities

  • Separate Meters
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 558-11-019

Community Details

Recreation

  • Community Pool

Additional Features

  • Built by Redwood Estates
  • Clubhouse

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,118

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Style: Contemporary
  • Age: 89
  • Listing Class: Residential
  • Structure Sq Ft: 1190
  • Complex Name: Redwood Estates
  • Year Built: 1930
  • Zoning Description: HS
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Dining Room: No Formal Dining Room
  • Kitchen: Countertop - Tile, Oven - Electric, Oven Range - Electric
  • Living Sq Ft: 1190
  • Stories: 2
  • Bedrooms: Inverted Floor Plan, Primary Bedroom on Ground Floor
  • Laundry: Electricity Hookup (220V), In Utility Room, Washer / Dryer
  • Flooring: Carpet, Vinyl / Linoleum
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Shower over Tub - 1, Stall Shower

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Community Facility, Pool - Gunite, Pool - Heated, Pool - In Ground
  • Roof: Composition
  • View: Mountains
  • Pool: Yes
  • Fencing: Partial Fencing, Wood
  • Construction Type: Wood Frame

Garage/Parking

  • Parking Spaces: 4
  • Garage Parking Features: Off-Street Parking

Utilities

  • Heating System: Electric
  • Sewer/Septic System: Existing Septic

Condo/Co-op/Association

  • HOA Amenities: Club House, Community Pool

Schools

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

Lot Info

  • Lot Description: Grade - Sloped Down
  • Parcel Number: 558-11-019
  • Lot Acres: 0.1339
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5833.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5833.00

Multi Family

  • Utilities: Individual Electric Meters, Public Utilities

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2019
Closed on
Aug 21, 2019
Sold by
Epstein Abel Philip M and Epstein Abel Barbara
Bought by
Cao Chunming
Seller's Agent
Barbara Harriman
Christie's International Real Estate Sereno
Buyer's Agent
Liya Zhu
FlyHomes, Inc
List Price
$749,000
Sold Price
$670,000
Premium/Discount to List
-$79,000
-10.55%
Current Estimated Value
$904,608

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,608
Avg. Annual Appreciation
5.22%
Original Mortgage
$602,933
Outstanding Balance
$533,740
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$374,180

Purchase Details

Closed on
Feb 12, 2018
Sold by
Abel Philip Martin and Abel Barbara E
Bought by
Epstein Abel Philip M and Epstein Abel Barbara
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
Cao Chunming $670,000 Cornerstone Title Company
Epstein Abel Philip M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cao Chunming $602,933
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2019 09/05/19 Sold $670,000 -10.5% $563 / Sq Ft
08/03/2019 08/03/19 Pending -- -- --
07/09/2019 07/09/19 For Sale $749,000 -- $629 / 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 $8,118 $678,056 $601,503 $76,553
2024 $8,118 $664,761 $589,709 $75,052
2023 $7,919 $651,728 $578,147 $73,581
2022 $7,873 $638,950 $566,811 $72,139
2021 $7,725 $626,423 $555,698 $70,725
2020 $7,551 $620,000 $550,000 $70,000
2019 $1,170 $63,322 $29,550 $33,772
2018 $1,158 $62,081 $28,971 $33,110
2017 $1,155 $60,864 $28,403 $32,461
2016 $1,124 $59,672 $27,847 $31,825
2015 $1,119 $58,776 $27,429 $31,347
2014 $1,111 $57,625 $26,892 $30,733
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81759614

MLSListings

APN: 558-11-019