$4,241,250
SOLD OCT 10, 2018
5 Beds
4.5 Baths
5,598 Sq Ft
1.61 Acres

Recently Sold

$758 Per Sq Ft

6% Below List Price

408 Days on Market

Highlights

  • Wine Cellar
  • Solar Power System
  • 1.61 Acre Lot
  • Blossom Hill Elementary School Rated A
  • Lake View
  • Craftsman Architecture

About This Home

As of October 2018

HUGE PRICE REDUCTION! Gorgeous "Gated" estate in Prestigious Kennedy Estates! Fabulous open architectural design - 1st floor large ensuite guest quarters with private entrance - huge family room with pool table & wet bar & wine fridge - fireplace - Multi French doors open to beautiful exterior grounds - Elegant Formal dining room with wine closet - Gourmet kitchen with a fabulous huge "pantry room" with more storage & computer desk - Mahogany wood floors & natural stone staircase accent the quality finishes throughout - Each bedroom w/French doors to a private balcony/deck. All windows face the gorgeous views of the park like grounds - State of the Art gym recently installed with sauna (Cable machine stays; other equipment is negotiable) - Plans available for pool-gazebo w/sitting area-sport court - TRULY AN EXQUISITE ESTATE & A MUST SEE! Best LG Schools -

Last Agent to Sell the Property

Kate Davey

Davey & Associates Real Estate, Inc. License #00614262 Listed on: 04/12/2016

Last Buyer's Agent

RECIP

Out of Area Office License #00000000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $53,614

Year Built

  • Built in 2001

Lot Details

  • 1.61 Acre Lot
  • Security Fence
  • Gated Home
  • Fenced Front Yard
  • Sprinklers on Timer
  • Mostly Level
  • Zoning described as R1

Parking

  • 3 Car Garage
  • Electric Gate

Property Views

  • Lake
  • Skyline
  • Mountain
  • Garden
  • Park or Greenbelt

Home Design

  • Craftsman Architecture
  • French Architecture
  • Mediterranean Architecture
  • Slate Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,598 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Skylights
  • 3 Fireplaces
  • Fireplace With Gas Starter
  • Formal Entry
  • Wine Cellar
  • Separate Family Room
  • Formal Dining Room
  • Loft
  • Bonus Room
  • Alarm System

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Built-In Self-Cleaning Oven
  • Gas Oven
  • Range Hood
  • Warming Drawer
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Marble Bathroom Countertops
  • Granite Bathroom Countertops
  • Dual Sinks
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry Tub
  • Gas Dryer Hookup

Eco-Friendly Details

  • Solar Power System

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan
  • Cable TV Available

Community Details

  • Building Fire Escape

Listing and Financial Details

  • Assessor Parcel Number 537-22-018

Home Details

Home Type

Single Family

Est. Annual Taxes

$53,614

Year Built

Built in 2001

Lot Details

0

Parking

3

Listing Details

  • Subclass: Single Family Home
  • Style: Craftsman, French, Mediterranean
  • Age: 15
  • Listing Class: Residential
  • Structure Sq Ft: 5598
  • Year Built: 2001
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Starter
  • Dining Room: Breakfast Bar, Breakfast Nook, Formal Dining Room
  • Kitchen: Countertop - Granite, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Hookups - Gas, Island, Microwave, Oven - Gas, Oven - Self Cleaning, Oven Range - Built-In, Pantry, Refrigerator, Warming Drawer, Wine Refrigerator
  • Living Sq Ft: 5598
  • Stories: 2
  • Security: Fire Escape, Security Alarm, Security Fence
  • Laundry: Gas Hookup, Hookup - Washer/Dryer, Tub / Sink
  • Flooring: Carpet, Hardwood, Stone, Tile
  • Additional Rooms: Bonus / Hobby Room, Formal Entry, Laundry Room, Loft, Wine Cellar / Storage
  • Fireplaces Min: 3
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Bathroom: Double Sinks, Granite, Marble, Shower and Tub, Skylight, Stall Shower, Tub, Tub with Jets
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Slate
  • View: Garden / Greenbelt, Greenbelt, Lake, Mountains
  • Yard/Grounds: Balcony / Patio, Deck, Fenced, Sprinklers - Auto, Sprinklers - Lawn
  • Fencing: Fenced, Fenced Front, Gate

Garage/Parking

  • Garage Spaces: 3
  • Garage Max: 3
  • Garage Min: 3
  • Garage Parking Features: Attached Garage, Electric Gate

Utilities

  • Cooling System: Central AC, Multi-Zone
  • Heating System: Central Forced Air, Heating - 2+ Units, Heating - 2+ Zones
  • Sewer/Septic System: Sewer - Public, Sewer Connected, Sewer Not Connected

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Skylight, Vaulted Ceiling, Walk-in Closet, Wet Bar

Schools

  • School District: Los Gatos-Saratoga Joint Union High

Lot Info

  • Lot Description: Grade - Mostly Level
  • Parcel Number: 537-22-018
  • Lot Acres: 1.6100
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 70131.60
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 70131.60

Green Features

  • Energy Features: Skylight

Multi Family

  • Utilities: Public Utilities, Solar

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2025
Sold by
Amirkhas-Petros Ilbra and Petros James
Bought by
Petros Blessings & Guardian Trust and Petros
Current Estimated Value
$6,235,287

Purchase Details

Listed on
Apr 12, 2016
Closed on
Oct 2, 2018
Sold by
Stuart Brad W and Stuart Melissa A
Bought by
Petros James and Amirkhas Petros Ilbra
Seller's Agent
Kate Davey
Davey & Associates Real Estate, Inc.
Buyer's Agent
RECIP
Out of Area Office
List Price
$4,498,000
Sold Price
$4,241,250
Premium/Discount to List
-$256,750
-5.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.73%
Original Mortgage
$2,968,875
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 13, 2017
Sold by
Stuart Brad and Stuart Melissa
Bought by
Stuart Brad W and Stuart Melissa A

Purchase Details

Listed on
May 24, 2013
Closed on
Jun 14, 2013
Sold by
Valenzuela Steve and Lee So Young
Bought by
Stuart Brad and Stuart Melissa
Seller's Agent
Nevis and McCafferty
Compass
Buyer's Agent
Kate Davey
Davey & Associates Real Estate, Inc.
List Price
$3,998,000
Sold Price
$4,050,000
Premium/Discount to List
$52,000
1.3%

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
$3,000,000
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 21, 2008
Sold by
Valenzuela Steve and Lee So Young
Bought by
Valenzuela Steve and Lee So Young

Purchase Details

Closed on
Apr 22, 2004
Sold by
Valenzuela Steve
Bought by
Valenzuela Steve and Lee So Young

Purchase Details

Closed on
Jul 23, 2003
Sold by
Valenzuela Steve
Bought by
Valenzuela Steve

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 29, 2001
Sold by
Kolling Joseph R and Kolling Colleen M
Bought by
Valenzuela Steve

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed -- None Listed On Document
Grant Deed $4,241,500 Chicago Title Co
Interfamily Deed Transfer -- None Available
Grant Deed $4,050,000 Orange Coast Title Company O
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Alliance Title Company
Interfamily Deed Transfer -- First American Title Co
Grant Deed -- Alliance Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $900,000 Credit Line Revolving
Previous Owner $2,845,000 New Conventional
Previous Owner $2,968,875 Adjustable Rate Mortgage/ARM
Previous Owner $3,000,000 New Conventional
Previous Owner $632,600 New Conventional
Previous Owner $661,200 New Conventional
Previous Owner $750,000 Credit Line Revolving
Previous Owner $199,000 Credit Line Revolving
Previous Owner $705,000 Unknown
Previous Owner $1,300,000 Purchase Money Mortgage
Previous Owner $1,300,000 Unknown
Previous Owner $1,300,000 Unknown
Previous Owner $1,200,000 Purchase Money Mortgage
Previous Owner $1,700,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2018 10/10/18 Sold $4,241,250 -2.5% $758 / Sq Ft
05/26/2017 05/26/17 Pending -- -- --
05/04/2017 05/04/17 Price Changed $4,350,000 -3.3% $777 / Sq Ft
04/08/2017 04/08/17 For Sale $4,498,000 +6.1% $804 / Sq Ft
01/12/2017 01/12/17 Off Market $4,241,250 -- --
01/12/2017 01/12/17 For Sale $4,498,000 0.0% $804 / Sq Ft
11/01/2016 11/01/16 Pending -- -- --
10/03/2016 10/03/16 Price Changed $4,498,000 -5.3% $804 / Sq Ft
08/16/2016 08/16/16 For Sale $4,750,000 0.0% $849 / Sq Ft
08/16/2016 08/16/16 Price Changed $4,750,000 -5.0% $849 / Sq Ft
07/19/2016 07/19/16 Pending -- -- --
05/10/2016 05/10/16 Price Changed $4,998,000 -3.8% $893 / Sq Ft
04/12/2016 04/12/16 For Sale $5,198,000 +28.3% $929 / Sq Ft
06/28/2013 06/28/13 Sold $4,050,000 +1.3% $699 / Sq Ft
05/31/2013 05/31/13 Pending -- -- --
05/24/2013 05/24/13 For Sale $3,998,000 -- $690 / 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
2024 $53,614 $4,638,422 $2,833,909 $1,804,513
2023 $53,614 $4,547,474 $2,778,343 $1,769,131
2022 $52,401 $4,458,309 $2,723,866 $1,734,443
2021 $51,627 $4,370,892 $2,670,457 $1,700,435
2020 $50,743 $4,326,075 $2,643,075 $1,683,000
2019 $50,081 $4,241,250 $2,591,250 $1,650,000
2018 $52,879 $4,455,984 $2,326,861 $2,129,123
2017 $52,755 $4,368,613 $2,281,237 $2,087,376
2016 $50,634 $4,212,955 $2,236,507 $1,976,448
2015 $50,388 $4,149,673 $2,202,913 $1,946,760
2014 $49,674 $4,068,387 $2,159,761 $1,908,626
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81579690

MLSListings

APN: 537-22-018