NOT LISTED FOR SALE

23231 Summit Rd Los Gatos, CA 95033

Estimated Value: $1,299,000 - $1,719,437

3 Beds
2 Baths
1,500 Sq Ft
$1,023/Sq Ft Est. Value

Last Sold May 07, 2018

Last sale price $950,000 $633 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $9,015/month

3 Days on Market

Highlights

  • Wood Burning Stove
  • 1 Fireplace
  • Eat-In Kitchen
  • Loma Prieta Elementary School Rated A
  • Granite Countertops
  • Bathtub with Shower

About This Home

As of May 2018

This home is located just 1.7 miles from highway 17 and 1/3 mile down Smitty's Lane- so a quiet location and wonderfully sloped with lots of flat land. redwoods and privacy! House is about 1500 SF with a huge basement area too. There is a well and storage tanks at the top of the property. An old barn type structure is at the lower end of this rectangular parcel. Kitchen has granite counters. Good floorplan with 2 beds and one bath on one end and a master at the other end. Serene back deck. 2 car carport. Lovingly maintained for over 50 years by the family. Must see to appreciate all this home has to offer-- good roads, sunshine, slope and near the Summit Store and wineries!

Last Agent to Sell the Property

Kathi Hammill

Compass License #00797165 Listed on: 04/04/2018

Compass

Last Buyer's Agent

Ed Dee

Compass License #01383829

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1963

Lot Details

  • 3.09 Acre Lot
  • Zoning described as HS

Parking

  • 2 Carport Spaces

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,500 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Wood Burning Stove

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Horse Facilities and Amenities

  • Horses Potentially Allowed on Property

Utilities

  • Forced Air Heating System
  • Propane
  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 558-03-012

Home Details

Home Type

Single Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 1500
  • Year Built: 1963
  • Zoning Description: HS
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Stove
  • Dining Room: Eat in Kitchen
  • Kitchen: Countertop - Granite, Dishwasher
  • Living Sq Ft: 1500
  • Stories: 1
  • Flooring: Carpet, Vinyl / Linoleum
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Primary - Stall Shower(s), Shower over Tub - 1
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Block
  • Roof: Composition
  • Horse Property: Possible

Garage/Parking

  • Garage Parking Features: Carport
  • Carport Min: 2

Utilities

  • Heating System: Forced Air
  • Sewer/Septic System: Septic Connected

Schools

  • High School: 262

Lot Info

  • Parcel Number: 558-03-012
  • Lot Acres: 3.0878
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 134504.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 134504.00

Multi Family

  • Utilities: 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
Apr 4, 2018
Closed on
Apr 9, 2018
Sold by
Baglas Lorena
Bought by
Illges Justin and Robnett Illges Tammy C
Seller's Agent
Kathi Hammill
Compass
Buyer's Agent
Ed Dee
Compass
List Price
$998,000
Sold Price
$950,000
Premium/Discount to List
-$48,000
-4.81%
Current Estimated Value
$1,534,859

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$584,859
Avg. Annual Appreciation
6.42%
Original Mortgage
$712,500
Outstanding Balance
$612,880
Interest Rate
4.45%
Mortgage Type
New Conventional
Estimated Equity
$921,979

Purchase Details

Closed on
Apr 15, 2005
Sold by
Baglas George Peter and Baglas Lorena
Bought by
Baglas George P and Baglas Lorena

Purchase Details

Closed on
Jul 7, 2004
Sold by
Baglas George Peter and Baglas Lorena
Bought by
Baglas George P and Baglas Lorena

Purchase Details

Closed on
Aug 16, 1995
Sold by
Baglas Lorena
Bought by
Baglas George Peter and Baglas Lorena
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
Illges Justin $950,000 Stewart Title
Baglas George P -- --
Baglas George P -- --
Baglas George Peter -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Illges Justin $712,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/07/2018 05/07/18 Sold $950,000 -4.8% $633 / Sq Ft
04/08/2018 04/08/18 Pending -- -- --
04/04/2018 04/04/18 For Sale $998,000 -- $665 / 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 $12,830 $1,080,932 $853,369 $227,563
2024 $12,830 $1,059,738 $836,637 $223,101
2023 $12,569 $1,038,960 $820,233 $218,727
2022 $12,068 $1,018,589 $804,150 $214,439
2021 $11,915 $998,618 $788,383 $210,235
2020 $11,838 $988,380 $780,300 $208,080
2019 $11,688 $969,000 $765,000 $204,000
2018 $1,622 $101,267 $47,487 $53,780
2017 $1,588 $99,282 $46,556 $52,726
2016 $1,623 $97,337 $45,644 $51,693
2015 $1,601 $95,876 $44,959 $50,917
2014 $1,581 $93,999 $44,079 $49,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81699088

MLSListings

APN: 558-03-012