NOT LISTED FOR SALE

Estimated Value: $895,000 - $1,123,544

2 Beds
1 Bath
1,200 Sq Ft
$825/Sq Ft Est. Value

Last Sold April 07, 2023

Last sale price $895,000 $746 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $6,396/month

244 Days on Market

Highlights

  • Community Cabanas
  • 0.7 Acre Lot
  • Wood Flooring
  • Lexington Elementary School Rated A-
  • Forest View
  • Cottage

About This Home

As of April 2023

Great opportunity to own in a spectacular mountain property nestled among the beautiful redwood trees in the popular Redwood Estates community. Perfect starter home for private and serene living. Spacious Living and dining room combo with elegant flooring and Vaulted high ceilings. Eat in kitchen with views overlooking beautiful trees. Interior launder area with Samsung washer and dryer. Central air with Nest thermostat. Mature landscaping, trees, and extra wide driveway for 3 car parking. Oversized lot with ADU capabilities. Redwood Estates pool and playground, store, cafe and post office. SJ water and Comcast internet. Idyllic community nestled in the lower Los Gatos Hills with playgrounds, pool, community center, fire station, Nonno's cafe, post office and store. Easy access to Hwy 17 and great commute location, 7 min to town, 15 to the beach. Award Winning Los Gatos Schools, Lexington Elem, Fisher & LG High.

Last Agent to Sell the Property

Robert Garcia

Redfin License #01391078 Listed on: 06/24/2022

Last Buyer's Agent

Angelica Robles

Berkshire Hathaway HomeService License #01274249

Berkshire Hathaway HomeService

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,919

Year Built

  • Built in 1977

Lot Details

  • 0.7 Acre Lot
  • Zoning described as HS-SR

HOA Fees

  • $101 Monthly HOA Fees

Home Design

  • Cottage
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,200 Sq Ft Home
  • Combination Dining and Living Room
  • Forest Views
  • Breakfast Area or Nook

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Washer and Dryer

Parking

  • 3 Parking Spaces
  • No Garage
  • Uncovered Parking

Pool

  • Private Pool

Utilities

  • Forced Air Heating and Cooling System
  • Thermostat

Listing and Financial Details

  • Assessor Parcel Number 544-39-105

Community Details

Overview

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

Recreation

  • Community Playground
  • Community Cabanas
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,919

Year Built

Built in 1977

Lot Details

0

HOA Fees

$101 per month

Listing Details

  • Subclass: Single Family Home
  • Style: Cottage
  • Age: 45
  • Listing Class: Residential
  • Structure Sq Ft: 1200
  • Complex Name: Redwood Estates
  • Year Built: 1977
  • Zoning Description: HS-SR
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Dining Room: Breakfast Nook, Dining Area in Living Room
  • Kitchen: Refrigerator
  • Living Sq Ft: 1200
  • Laundry: Inside, Washer / Dryer
  • Flooring: Vinyl / Linoleum, Wood
  • Additional Rooms: Laundry Room
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Shower over Tub - 1

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Community Facility
  • Roof: Composition
  • View: Forest / Woods
  • Pool: Yes

Garage/Parking

  • Parking Spaces: 3
  • Garage Parking Features: No Garage, Uncovered Parking

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 101
  • HOA Amenities: Cabana, Community Pool, Playground
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Maintenance - Common Area, Maintenance - Road, Pool, Spa, or Tennis
  • H O A Name Text: Redwood Estates Service Association
  • H O A Exist: Yes

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

  • Parcel Number: 544-39-105
  • Lot Acres: 0.7000
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 30492.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 30492.00

Green Features

  • Energy Features: Thermostat Controller

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
  • Middle School Text: Raymond J. Fisher Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2022
Closed on
Mar 15, 2023
Sold by
Auger Robert D and Auger Melissa Kate
Bought by
Otovo Erumena and Otovo Jenafer
Seller's Agent
Robert Garcia
Redfin
Buyer's Agent
Angelica Robles
Berkshire Hathaway HomeService
List Price
$998,000
Sold Price
$895,000
Premium/Discount to List
-$103,000
-10.32%
Views
91
Current Estimated Value
$990,136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,136
Avg. Annual Appreciation
4.32%
Original Mortgage
$914,990
Outstanding Balance
$890,054
Interest Rate
6.5%
Mortgage Type
VA
Estimated Equity
$100,082

Purchase Details

Closed on
Jan 26, 2021
Sold by
Auger Robert D
Bought by
Auger Robert D and Auger Melissa Kate

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,250
Interest Rate
2.67%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 16, 2017
Closed on
Jul 6, 2017
Sold by
Rabe Gaye Lynn
Bought by
Auger Robert D
Seller's Agent
George Rabe
Intero Real Estate Services
Buyer's Agent
Brandolyn Reading
CSR Real Estate Services
List Price
$779,000
Sold Price
$745,000
Premium/Discount to List
-$34,000
-4.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.58%
Original Mortgage
$515,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 2015
Sold by
Rabe George E and Rabe Georgia L
Bought by
Rabe Gaye Lynn

Purchase Details

Closed on
Jul 23, 1998
Sold by
Rabe Georgia L and Lynn Gaye
Bought by
Rabe Gaye Lynn and Rabe George E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,500
Interest Rate
6.9%
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
Otovo Erumena $895,000 Chicago Title
Auger Robert D -- Wfg National Title Ins Co
Auger Robert D $745,000 Cornerstone Title Company
Rabe Gaye Lynn $330,000 None Available
Rabe Gaye Lynn -- North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Otovo Erumena $914,990
Previous Owner Auger Robert D $548,250
Previous Owner Auger Robert D $515,000
Previous Owner Rabe Gaye Lynn $60,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2023 04/07/23 Sold $895,000 -5.6% $746 / Sq Ft
02/24/2023 02/24/23 Pending -- -- --
11/02/2022 11/02/22 Price Changed $948,000 -5.0% $790 / Sq Ft
09/21/2022 09/21/22 For Sale $998,000 +11.5% $832 / Sq Ft
07/15/2022 07/15/22 Off Market $895,000 -- --
06/24/2022 06/24/22 For Sale $998,000 +34.0% $832 / Sq Ft
07/28/2017 07/28/17 Sold $745,000 -4.4% $621 / Sq Ft
05/19/2017 05/19/17 Pending -- -- --
04/16/2017 04/16/17 For Sale $779,000 -- $649 / 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 $10,919 $931,158 $780,300 $150,858
2024 $10,919 $912,900 $765,000 $147,900
2023 $9,769 $814,763 $792,892 $21,871
2022 $9,709 $798,789 $777,346 $21,443
2021 $9,537 $783,127 $762,104 $21,023
2020 $9,382 $775,098 $754,290 $20,808
2019 $9,271 $759,900 $739,500 $20,400
2018 $9,155 $745,000 $725,000 $20,000
2017 $2,597 $178,174 $75,015 $103,159
2016 $2,532 $174,682 $73,545 $101,137
2015 $2,522 $172,059 $72,441 $99,618
2014 $2,495 $168,689 $71,022 $97,667
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81897772

MLSListings

APN: 544-39-105