NOT LISTED FOR SALE

21570 Summit Rd Los Gatos, CA 95033

Estimated Value: $903,000 - $2,466,000

3 Beds
1 Bath
1,400 Sq Ft
$1,100/Sq Ft Est. Value

Last Sold May 09, 2024

Last sale price $2,500,000 $1,786 Per Sq Ft

Est. 38% decrease in value since last sale

Current estimated payment $8,189/month

10 Days on Market

Highlights

  • 46.84 Acre Lot
  • Wood Burning Stove
  • Farm
  • Lakeside Elementary School Rated A+
  • Dining Room
  • 1-Story Property

About This Home

As of May 2024

Introducing 21570 Summit Road, an exceptional property nestled in the Santa Cruz Mountains, boasting over 46 acres spread across three separate parcels. Formerly renowned as the beloved Frank Christmas tree farm, this land holds a rich history and abundant potential. A prized asset of this property is its valuable water source originating from the headwaters of Zayante Creek, ensuring ample water supply year-round. Accompanying this sprawling acreage is a charming 3-bedroom, 1-bathroom home, a well-appointed manufactured home, multiple sheds, and ample water tanks, offering a myriad of possibilities. Whether you're envisioning a serene retreat, an agricultural venture, or a development opportunity, this versatile property provides the canvas for your dreams to flourish. Seize the chance to own a piece of history with limitless potential.

Last Agent to Sell the Property

Nick Torres

Sherman & Boone Realtors License #01719985 Listed on: 04/11/2024

Co-Listed By

Erik Barbic

Sherman & Boone Realtors License #01736370

Last Buyer's Agent

Adriana Morris

Intero Real Estate Services License #01997490

Intero Real Estate Services

Property Details

Property Type

  • Other

Year Built

  • Built in 1953

Lot Details

  • 46.84 Acre Lot
  • Zoning described as SU

Home Design

  • Farm

Interior Spaces

  • 1,400 Sq Ft Home
  • 1-Story Property
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Dining Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 8 Carport Spaces
  • Off-Street Parking

Horse Facilities and Amenities

  • Horses Potentially Allowed on Property

Utilities

  • Well
  • Septic Tank

Community Details

Listing and Financial Details

  • Assessor Parcel Number 091-071-03-000

Property Details

Property Type

Other

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Subclass: Farm / Ranch
  • Listing Class: Residential
  • Structure Sq Ft: 1400
  • Incorporated: Yes
  • Year Built: 1953
  • Zoning Description: SU
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: No Formal Dining Room
  • Living Sq Ft: 1400
  • Stories: 1
  • Fireplaces Min: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Horse Property: Possible

Garage/Parking

  • Garage Parking Features: Covered Parking, Off-Street Parking, Parking Area
  • Carport Min: 8

Utilities

  • Heating System: Stove - Wood
  • Sewer/Septic System: Septic Connected

Lot Info

  • Parcel Number: 091-071-03-000
  • Lot Acres: 46.8400
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 2040350.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 2040350.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2024
Closed on
Apr 24, 2024
Sold by
Frank Laurel Marie and Frank Arthur Michael
Bought by
Gomez Villafane Julian Andres and Gomez Ana Beale
Seller's Agent
Nick Torres
Sherman & Boone Realtors
Buyer's Agent
Adriana Morris
Intero Real Estate Services
List Price
$2,195,000
Sold Price
$2,500,000
Premium/Discount to List
$305,000
13.9%
Views
2
Current Estimated Value
$1,539,850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$960,150
Avg. Annual Appreciation
-25.32%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Gomez Villafane Julian Andres $2,500,000 Old Republic Title Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/09/2024 05/09/24 Sold $2,500,000 +13.9% $1,786 / Sq Ft
04/21/2024 04/21/24 Pending -- -- --
04/11/2024 04/11/24 For Sale $2,195,000 -- $1,568 / 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 $1,642 $85,953 $35,865 $50,088
2023 $1,594 $82,616 $34,473 $48,143
2022 $1,567 $80,996 $33,797 $47,199
2021 $1,399 $79,407 $33,134 $46,273
2020 $1,384 $78,593 $32,794 $45,799
2019 $1,141 $77,052 $32,151 $44,901
2018 $1,170 $75,541 $31,521 $44,020
2017 $1,111 $74,061 $30,903 $43,158
2016 $1,091 $72,609 $30,297 $42,312
2015 $1,026 $71,518 $29,842 $41,676
2014 $1,007 $70,117 $29,257 $40,860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81960860

MLSListings

APN: 091-071-03-000