NOT LISTED FOR SALE

Estimated Value: $3,801,394 - $4,287,000

4 Beds
3 Baths
2,504 Sq Ft
$1,582/Sq Ft Est. Value

Last Sold June 01, 2021

Last sale price $3,500,000 $1,398 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $23,638/month

3 Days on Market

Highlights

  • Skyline View
  • Soaking Tub in Primary Bathroom
  • Main Floor Bedroom
  • Daves Avenue Elementary School Rated A
  • Wood Flooring
  • Marble Countertops

About This Home

As of June 2021

Casual Elegance in the heart of Downtown Los Gatos. This light and bright home has an exceptional floorplan. It is both highly functional as well as open and airy. High ceilings and skylights add to a light-filled atmosphere. Living room has French doors to front porch and kitchen/family room have French doors to back patio & beautiful backyard. Kitchen has high end stainless appliances (Wolf range, sub-zero refrigerator, Miele dishwasher) a charming breakfast banquette and lot of storage. Fourth bedroom, currently being used as an office, is on main floor with French doors & built ins. Full bath on main level. Electronic driveway gate leads to detached 2-car garage. Garage has cabinets, epoxy floors and 2 Tesla chargers. Home features tons of well thought out storage including separate laundry room upstairs with sink, upper cabinets and linen closet. Front bedroom has 2 storage/play area cubbies. Primary bedroom has walk-in closet and bathroom w/ large tub. V-tour has 3D floor plan.

Last Agent to Sell the Property

Lara Carlson

Compass License #01188560 Listed on: 04/12/2021

Compass

Last Buyer's Agent

Kim Richman

Compass License #01076556

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,584

Year Built

  • 2003

Lot Details

  • 7,714 Sq Ft Lot

Parking

  • 2 Car Detached Garage
  • Electric Vehicle Home Charger
  • Electric Gate

Home Design

  • Fiberglass Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,504 Sq Ft Home
  • 2-Story Property
  • Skylights
  • 2 Fireplaces
  • Gas Log Fireplace
  • Combination Dining and Living Room
  • Skyline Views

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Eat-In Kitchen
  • Gas Oven
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Marble Countertops
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Remodeled Bathroom
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Marble Bathroom Countertops
  • Soaking Tub in Primary Bathroom
  • Bathtub with Shower
  • Oversized Bathtub in Primary Bathroom
  • Walk-in Shower

Laundry

  • Laundry on upper level
  • Washer and Dryer
  • Laundry Tub

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Water Filtration System

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,584

Year Built

2003

Lot Details

0

Parking

2

Listing Details

  • Zoning: 0LHP
  • Subclass: Single Family Home
  • Age: 18
  • Listing Class: Residential
  • Structure Sq Ft: 2504
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2003

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Gas Log
  • Dining Room: Breakfast Nook, Dining Area In Living Room, Eat In Kitchen
  • Kitchen: Countertop - Granite, Countertop - Marble, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Island, Microwave, Oven Range - Gas, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 2504
  • Stories: 2
  • Bedrooms: Ground Floor Bedroom, Walk-In Closet
  • Laundry: Inside, Tub / Sink, Upper Floor, Washer / Dryer
  • Flooring: Carpet, Hardwood, Tile
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Bathroom: Full On Ground Floor, Marble, Primary - Oversized Tub, Primary - Stall Shower(s), Oversized Tub, Shower Over Tub - 1, Skylight, Stall Shower - 2+, Tubs - 2+, Updated Bath

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Fiberglass

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Detached Garage, Electric Car Hookup, Electric Gate, Parking Restrictions

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Skylight, Walk-In Closet

Schools

  • School District: Los Gatos-Saratoga Joint Union High

Lot Info

  • Lot Acres: 0.1771
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7715.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7715.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2021
Closed on
May 13, 2021
Sold by
Lee Cadir B and Lee Susan H
Bought by
Smith Kurt Robert and Richman Kimberly Kay
Seller's Agent
Lara Carlson
Compass
Buyer's Agent
Kim Richman
Compass
List Price
$2,998,000
Sold Price
$3,500,000
Premium/Discount to List
$502,000
16.74%
Current Estimated Value
$3,962,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$462,349
Avg. Annual Appreciation
2.95%
Original Mortgage
$2,800,000
Outstanding Balance
$2,544,433
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$1,417,916

Purchase Details

Closed on
Jul 21, 2003
Sold by
T Mac Llc
Bought by
Lee Cadir B and Lee Susan H

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
3.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 5, 2002
Sold by
Mcelroy Terry N and Mcelroy Victoria L
Bought by
T-Mac Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,121,250
Interest Rate
6.71%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 15, 2001
Sold by
Thomas Barbara D and Davies Frances C
Bought by
Mcelroy Terry N and Mcelroy Victoria L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
7.15%
Source: Public Records

Range of Values:

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Average Value
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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
Smith Kurt Robert $3,500,000 First American Title Company
Lee Cadir B $2,075,000 North American Title Co
T-Mac Llc -- North American Title Co
Mcelroy Terry N $700,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Kurt Robert $2,800,000
Previous Owner Lee Cadir B $727,000
Previous Owner Lee Cadir B $864,300
Previous Owner Lee Cadir B $1,000,000
Previous Owner T-Mac Llc $1,121,250
Previous Owner Mcelroy Terry N $203,000
Closed Lee Cadir B $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2021 06/01/21 Sold $3,500,000 +16.7% $1,398 / Sq Ft
04/16/2021 04/16/21 Pending -- -- --
04/12/2021 04/12/21 For Sale $2,998,000 -- $1,197 / 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 $26,584 $2,298,489 $1,665,630 $632,859
2024 $26,584 $2,253,421 $1,632,971 $620,450
2023 $26,120 $2,209,237 $1,600,952 $608,285
2022 $25,950 $2,165,919 $1,569,561 $596,358
2021 $32,613 $2,730,886 $1,745,752 $985,134
2020 $32,133 $2,702,885 $1,727,852 $975,033
2019 $31,710 $2,649,888 $1,693,973 $955,915
2018 $31,282 $2,597,930 $1,660,758 $937,172
2017 $31,224 $2,546,992 $1,628,195 $918,797
2016 $30,442 $2,497,052 $1,596,270 $900,782
2015 $30,277 $2,459,545 $1,572,293 $887,252
2014 $29,864 $2,411,366 $1,541,494 $869,872
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81838644

MLSListings

APN: 510-14-043