NOT LISTED FOR SALE

22540 Echo Dr Los Gatos, CA 95033

Estimated Value: $1,459,000 - $1,707,456

3 Beds
2.5 Baths
2,271 Sq Ft
$696/Sq Ft Est. Value

Last Sold August 02, 2023

Last sale price $1,400,000 $616 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $9,653/month

36 Days on Market

Highlights

  • Wood Burning Stove
  • Forest View
  • Wood Flooring
  • Loma Prieta Elementary School Rated A
  • Living Room with Fireplace
  • Loft

About This Home

As of August 2023

Peaceful redwood retreat in the coveted Melody Woods, minutes from Summit/17. Tucked away on a long private driveway, this charming mountain home offers unique architecture and flexible floor plan with optional 3rd bed/master suite or family room with wet bar & loft. Covered porch & formal entry with half bath. Updated kitchen w/butcher block counters, dining room or snug with woodburning stove. Spacious living room featuring beamed ceilings, parquet floors, walls of windows offering serene nature views. 2nd flr: 2 large beds & full bath with shower over sunken tub. Family room with wet bar/kitchenette (no oven), wood burning stove, sun room, full bath with shower, sleeping loft or office. Original 1980s character, pristine condition. Separate exterior access. Explore your private redwood forest, 3 fairy rings, lots of usable land for trails. RV parking. 2 car attached garage, detached carport, and shed. Immerse yourself in nature!

Last Agent to Sell the Property

Karen Izzo

Christie's International Real Estate Sereno License #01402005 Listed on: 05/18/2023

Christie's International Real Estate Sereno

Co-Listed By

Rebecca Smith

Christie's International Real Estate Sereno License #01310611

Last Buyer's Agent

Laura Rabb-Jancola

California Real Estate License #01196219

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1981

Lot Details

  • 3.18 Acre Lot
  • Mostly Level
  • Zoning described as HS

Parking

  • 2 Car Attached Garage
  • Carport
  • Off-Street Parking

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,271 Sq Ft Home
  • 2-Story Property
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Free Standing Fireplace
  • Formal Entry
  • Separate Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Loft
  • Storage Room
  • Utility Room
  • Forest Views

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower
  • Garden Bath
  • Walk-in Shower

Laundry

  • Laundry in Utility Room
  • Washer and Dryer

Outdoor Features

  • Balcony
  • Shed

Horse Facilities and Amenities

  • Horses Potentially Allowed on Property

Utilities

  • Floor Furnace
  • Wall Furnace
  • Vented Exhaust Fan
  • Propane
  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 558-05-020

Home Details

Home Type

Single Family

Year Built

Built in 1981

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 2271
  • Year Built: 1981
  • Zoning Description: HS
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Free Standing, Living Room, Wood Burning
  • Dining Room: Dining "L", Eat in Kitchen
  • Kitchen: Countertop - Other, Dishwasher, Exhaust Fan, Oven - Electric, Oven Range - Electric
  • Living Sq Ft: 2271
  • Stories: 2
  • Laundry: In Utility Room, Washer / Dryer
  • Flooring: Carpet, Vinyl / Linoleum, Wood
  • Additional Rooms: Formal Entry, Loft, Storage, Utility Room
  • Fireplaces Min: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Shower and Tub, Stall Shower, Sunken / Garden Tub
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Composition
  • View: Forest / Woods
  • Yard/Grounds: Balcony / Patio, Storage Shed / Structure
  • Horse Property: Possible

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage, Carport, Off-Street Parking, Room for Oversized Vehicle

Utilities

  • Heating System: Floor Furnace, Stove - Wood, Wall Furnace
  • Sewer/Septic System: Septic Connected

Schools

  • High School: 262

Lot Info

  • Lot Description: Grade - Mostly Level
  • Parcel Number: 558-05-020
  • Lot Acres: 3.1813
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 138578.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 138578.00

Multi Family

  • Utilities: Propane On Site, Public Utilities

MLS Schools

  • High School District Text: Los Gatos-Saratoga Joint Union High
  • Elementary School Text: Loma Prieta Elementary
  • High School Text: Los Gatos High
  • Middle School Text: C. T. English Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2023
Closed on
Jun 26, 2023
Sold by
Kenneth M Northon 2004 Inter Vivos Trust
Bought by
Noriega Eduardo Gonzalo Lope and Ramirez Gonzalo Lopez
Seller's Agent
Karen Izzo
Christie's International Real Estate Sereno
Buyer's Agent
Laura Rabb-Jancola
California Real Estate
List Price
$1,499,000
Sold Price
$1,400,000
Premium/Discount to List
-$99,000
-6.6%
Views
39
Current Estimated Value
$1,580,614

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,614
Avg. Annual Appreciation
5.12%
Original Mortgage
$1,120,000
Outstanding Balance
$1,092,682
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$487,932

Purchase Details

Closed on
Dec 9, 2004
Sold by
Northon Kenneth M
Bought by
Northon Kenneth M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Noriega Eduardo Gonzalo Lope $1,400,000 Stewart Title Of California
Northon Kenneth M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Noriega Eduardo Gonzalo Lope $1,120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/02/2023 08/02/23 Sold $1,400,000 +7.8% $616 / Sq Ft
06/23/2023 06/23/23 Pending -- -- --
06/15/2023 06/15/23 Price Changed $1,299,000 -13.3% $572 / Sq Ft
05/18/2023 05/18/23 For Sale $1,499,000 -- $660 / 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 $16,654 $1,428,000 $1,224,000 $204,000
2024 $16,654 $1,400,000 $1,200,000 $200,000
2023 $2,283 $157,650 $53,042 $104,608
2022 $1,923 $154,559 $52,002 $102,557
2021 $1,896 $151,530 $50,983 $100,547
2020 $2,020 $149,978 $50,461 $99,517
2019 $2,000 $147,038 $49,472 $97,566
2018 $1,974 $144,155 $48,502 $95,653
2017 $1,925 $141,329 $47,551 $93,778
2016 $1,867 $138,559 $46,619 $91,940
2015 $1,837 $136,478 $45,919 $90,559
2014 $1,808 $133,806 $45,020 $88,786
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81928127

MLSListings

APN: 558-05-020