NOT LISTED FOR SALE

22645 Summit Rd Los Gatos, CA 95033

Estimated Value: $2,316,000 - $3,048,000

4 Beds
4 Baths
3,645 Sq Ft
$733/Sq Ft Est. Value

Last Sold December 18, 2017

Last sale price $1,750,000 $480 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $15,917/month

8 Days on Market

Highlights

  • Two Primary Bedrooms
  • Living Room with Fireplace
  • Main Floor Bedroom
  • Loma Prieta Elementary School Rated A
  • Wood Flooring
  • Jetted Tub in Primary Bathroom

About This Home

As of December 2017

Los Gatos mountain gated Estate property. Beautiful park like setting. Contemporary style home on 1.7 acres. Spacious living room with large windows bringing the outside in. Kitchen w/granite counters, maple cabinets and breakfast bar. Formal Dining area off the kitchen and living room opening out to a deck to capture the views. Two bedrooms on the main level including the Master bedroom w/walk in closet and windows! Master bath with spa like tub plus separate shower. Lower level has two more bedrooms with baths. Separate family room opening out to another fabulous deck. Nook off family room for endless possibilities: 2nd kitchen, office area or ??? Useable acreage with room for pool, sport court etc. Great Loma Prieta Schools, Los Gatos High and the Summit store. Minutes to downtown Los Gatos

Last Agent to Sell the Property

Margery Walsh

Coldwell Banker Realty License #00797248 Listed on: 11/14/2017

Coldwell Banker Realty

Last Buyer's Agent

Bedbury Group

Golden Gate Sotheby's International Realty License #01817656

Golden Gate Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,117

Year Built

  • Built in 1995

Lot Details

  • 1.71 Acre Lot
  • Partially Fenced Property
  • Zoning described as HS

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Electric Gate

Home Design

  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,645 Sq Ft Home
  • 2-Story Property
  • Skylights in Kitchen
  • Gas Log Fireplace
  • Formal Entry
  • Separate Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Area
  • Den
  • Workshop

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Double Oven
  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Double Master Bedroom
  • Walk-In Closet
  • 4 Full Bathrooms
  • Jetted Tub in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • 220 Volts
  • Propane
  • Shared Well
  • Septic Tank

Additional Features

  • Balcony
  • Horses Potentially Allowed on Property

Listing and Financial Details

  • Assessor Parcel Number 558-04-043

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,117

Year Built

Built in 1995

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 3645
  • Incorporated: Yes
  • Year Built: 1995
  • Zoning Description: HS
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Log, Gas Starter, Living Room
  • Dining Room: Breakfast Nook, Dining Area, Dining Bar, Eat in Kitchen
  • Kitchen: 220 Volt Outlet, Cooktop - Gas, Countertop - Granite, Dishwasher, Garbage Disposal, Hood Over Range, Hookups - Gas, Oven - Built-In, Oven - Double, Refrigerator, Skylight
  • Living Sq Ft: 3645
  • Stories: 2
  • Bedrooms: More than One Bedroom on Ground Floor, More than One Primary Bedroom, Walk-in Closet
  • Laundry: Electricity Hookup (220V), In Utility Room, Inside
  • Flooring: Carpet, Hardwood, Tile
  • Additional Rooms: Formal Entry, Laundry Room, Office Area, Workshop
  • Fireplaces Min: 2
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Bathroom: Primary - Stall Shower(s), Primary - Tub with Jets, Showers over Tubs - 2+, Stall Shower
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Tile
  • Yard/Grounds: Balcony / Patio
  • Horse Property: Possible
  • Fencing: Partial Fencing

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage, Electric Gate, Gate / Door Opener, Parking Area

Utilities

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

Schools

  • High School: 262

Lot Info

  • Parcel Number: 558-04-043
  • Lot Acres: 1.7100
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 74487.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 74487.00

Multi Family

  • Utilities: Individual Electric Meters, Propane On Site

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
Nov 14, 2017
Closed on
Dec 10, 2017
Sold by
Archangeli Matthew C and Strong Kathleen
Bought by
Lytle Rebecca Reynolds
Seller's Agent
Margery Walsh
Coldwell Banker Realty
Buyer's Agent
Bedbury Group
Golden Gate Sotheby's International Realty
List Price
$1,795,000
Sold Price
$1,750,000
Premium/Discount to List
-$45,000
-2.51%
Current Estimated Value
$2,672,917

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$922,917
Avg. Annual Appreciation
5.54%
Original Mortgage
$1,400,000
Outstanding Balance
$1,178,677
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$1,494,240

Purchase Details

Closed on
Jul 11, 2017
Sold by
Gemignani Lara C
Bought by
Archangeli Matthew C and Strong Kathleen

Purchase Details

Closed on
Apr 2, 2007
Sold by
Gemignani Chris A
Bought by
Gemignani Chris A and Gemignani Lara C

Purchase Details

Closed on
Dec 13, 2005
Sold by
Gemignani Lara C
Bought by
Gemignani Chris A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.95%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Dec 8, 2005
Sold by
Stephenson Dennis E
Bought by
Gemignani Chris A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.95%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Oct 13, 2000
Sold by
Barringer David and Barringer Jody
Bought by
Stephenson Dennis E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Interest Rate
8.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 1, 1997
Sold by
Keller Scott A and Keller Kay M
Bought by
Barringer David and Barringer Jody

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$631,200
Interest Rate
7.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 25, 1995
Sold by
Simmons Walter J and Simmons Jeanette B
Bought by
Keller Scott A and Keller Kay M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.59%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Lytle Rebecca Reynolds -- Chicago Title Co
Archangeli Matthew C $2,296,026 Accommodation
Gemignani Chris A -- None Available
Gemignani Chris A -- Financial Title Company
Gemignani Chris A $1,599,000 Financial Title Company
Stephenson Dennis E $1,300,000 North American Title Co
Barringer David $789,000 North American Title Co
Keller Scott A $625,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lytle Rebecca Reynolds $1,400,000
Previous Owner Gemignani Chris A $1,000,000
Previous Owner Stephenson Dennis E $950,000
Previous Owner Barringer David $631,200
Previous Owner Keller Scott A $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2017 12/18/17 Sold $1,750,000 -2.5% $480 / Sq Ft
11/23/2017 11/23/17 Pending -- -- --
11/14/2017 11/14/17 For Sale $1,795,000 -- $492 / 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 $23,117 $1,991,196 $1,137,827 $853,369
2024 $23,117 $1,952,154 $1,115,517 $836,637
2023 $22,705 $1,913,878 $1,093,645 $820,233
2022 $22,064 $1,876,351 $1,072,201 $804,150
2021 $21,787 $1,839,561 $1,051,178 $788,383
2020 $21,509 $1,820,700 $1,040,400 $780,300
2019 $21,232 $1,785,000 $1,020,000 $765,000
2018 $20,955 $1,750,000 $1,000,000 $750,000
2017 $22,238 $1,882,809 $1,058,565 $824,244
2016 $18,763 $1,596,000 $896,700 $699,300
2015 $15,919 $1,352,600 $760,400 $592,200
2014 $14,383 $1,218,600 $685,100 $533,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81684739

MLSListings

APN: 558-04-043