NOT LISTED FOR SALE

21541 Madrone Dr Los Gatos, CA 95033

Lexington HIlls Neighborhood

Estimated Value: $978,000 - $1,183,000

2 Beds
1 Bath
1,000 Sq Ft
$1,092/Sq Ft Est. Value

Last Sold April 26, 2023

Last sale price $1,050,000 $1,050 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $6,871/month

11 Days on Market

Highlights

  • Ridge View
  • Clubhouse
  • Community Pool
  • Lexington Elementary School Rated A-
  • Vaulted Ceiling
  • Tennis Courts

About This Home

As of April 2023

Beautiful home located in the foothills of Los Gatos Mountains. Only a short 9 minute drive to downtown Los Gatos. This wonderful 2 bedroom 1 bath is the perfect starter home. Potential for expansion and only 1 minute drive to Hwy 17 without the noise! The highly acclaimed Lexington School, great neighbors, and a perfectly charming home, newly painted exterior, new carpeting, updated appliances and updated bathroom. Brand new fencing surrounding the back of the property. Downstairs is an ADU that could be used as another 1 bedroom 1 bathroom unit or a fitness room.

Last Agent to Sell the Property

Daniel Ferrarese

Compass License #02058797 Listed on: 03/28/2023

Compass

Last Buyer's Agent

Daniel Ferrarese

Compass License #02058797 Listed on: 03/28/2023

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,622

Year Built

  • Built in 1935

Lot Details

  • 0.28 Acre Lot
  • Wood Fence
  • Gentle Sloping Lot
  • Zoning described as HS

Parking

  • Uncovered Parking

Property Views

  • Ridge
  • Forest

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,000 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Free Standing Fireplace
  • Dining Area
  • Den
  • Storage Room

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Self-Cleaning Oven
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Remodeled Bathroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 558-11-154

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include maintenance - road, pool spa or tennis
  • Redwood Estates Service Assoc. Association
  • Built by Redwood Estates

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,622

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Restrictions: Age - No Restrictions
  • Age: 88
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 364
  • Structure Sq Ft: 1000
  • Complex Name: Redwood Estates
  • Year Built: 1935
  • Zoning Description: HS
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Free Standing
  • Dining Room: Breakfast Bar, Dining Area
  • Kitchen: Dishwasher, Oven - Electric, Oven - Self Cleaning, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 1000
  • Stories: 1
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Laminate
  • Additional Rooms: Laundry Room, Office Area, Storage
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter, Concrete Perimeter and Slab
  • Roof: Composition, Shingle
  • View: Forest / Woods, Ridge
  • Fencing: Rail, Wood
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Parking Features: Parking Area, Uncovered Parking

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air, Electric
  • Sewer/Septic System: Septic Standard

Condo/Co-op/Association

  • HOA Fees: 115
  • HOA Amenities: BBQ Area, Club House, Community Pool, Playground, Tennis Court / Facility
  • Association Fees Include: Maintenance - Road, Pool, Spa, or Tennis
  • H O A Name Text: Redwood Estates Service Assoc.
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Vaulted Ceiling

Schools

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

Lot Info

  • Lot Description: Grade - Gently Sloped, Views
  • Parcel Number: 558-11-154
  • Lot Acres: 0.2761
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 12026.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 12026.00

Multi Family

  • Utilities: Individual Electric Meters

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2023
Closed on
Apr 11, 2023
Sold by
Bravin Michelle
Bought by
Gillis Christian P and Glenn Jeske E
Seller's Agent
Daniel Ferrarese
Compass
Buyer's Agent
Daniel Ferrarese
Compass
List Price
$1,100,000
Sold Price
$1,050,000
Premium/Discount to List
-$50,000
-4.55%
Views
15
Current Estimated Value
$1,092,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,254
Avg. Annual Appreciation
0.44%
Original Mortgage
$840,000
Outstanding Balance
$817,523
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$243,514

Purchase Details

Listed on
May 29, 2015
Closed on
Jun 29, 2015
Sold by
Minshull Terri Lee
Bought by
Bravin Michelle
Seller's Agent
Diana Crawford
Intero Real Estate Services
Buyer's Agent
Lino Matos
Intero Real Estate Services
List Price
$599,000
Sold Price
$650,000
Premium/Discount to List
$51,000
8.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.33%
Original Mortgage
$520,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2010
Sold by
Minshull Mark H and Minshull Terri Lee
Bought by
Minshull Mark Hamilton and Minshull Terri Lee

Purchase Details

Closed on
Aug 22, 1996
Sold by
Minshull Mark H and Minshull Patricia G
Bought by
Minshull Mark H
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
Gillis Christian P $1,050,000 Old Republic Title
Bravin Michelle $650,000 Cornerstone Title Company
Minshull Mark Hamilton -- None Available
Minshull Mark H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gillis Christian P $840,000
Previous Owner Bravin Michelle $150,000
Previous Owner Bravin Michelle $491,890
Previous Owner Bravin Michelle $520,000
Previous Owner Bravin Michelle $520,000
Previous Owner Minshull Mark H $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2023 04/26/23 Sold $1,050,000 -4.5% $1,050 / Sq Ft
04/08/2023 04/08/23 Pending -- -- --
03/28/2023 03/28/23 For Sale $1,100,000 +69.2% $1,100 / Sq Ft
07/07/2015 07/07/15 Sold $650,000 +8.5% $650 / Sq Ft
06/13/2015 06/13/15 Pending -- -- --
05/29/2015 05/29/15 For Sale $599,000 -- $599 / 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 $12,622 $1,092,420 $873,936 $218,484
2024 $12,622 $1,071,000 $856,800 $214,200
2023 $8,836 $739,583 $512,020 $227,563
2022 $8,781 $725,082 $501,981 $223,101
2021 $8,620 $710,866 $492,139 $218,727
2020 $8,479 $703,578 $487,093 $216,485
2019 $8,378 $689,784 $477,543 $212,241
2018 $8,273 $676,260 $468,180 $208,080
2017 $8,263 $663,000 $459,000 $204,000
2016 $8,061 $650,000 $450,000 $200,000
2015 $5,583 $428,605 $275,536 $153,069
2014 -- $420,210 $270,139 $150,071
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2023

    Daniel Ferrarese

    Compass

    Section Image

  • D

    Seller's Agent in 2015

    Diana Crawford

    Intero Real Estate Services

  • Lino Matos

    Buyer's Agent in 2015

    Lino Matos

    Intero Real Estate Services

    (408) 394-4881

    40 Total Sales

    Lino Matos
    Section Image
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Map

Source: MLSListings

MLS Number: ML81922747

MLSListings

APN: 558-11-154

California Santa Clara County Los Gatos 95033 Lexington HIlls

21541 Madrone Dr, Los Gatos, CA

This home is located at 21541 Madrone Dr, Los Gatos, CA 95033 since 28 March 2023 and is currently estimated at $1,092,254, approximately $1,092 per square foot. This property was built in 1935. 21541 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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