NOT LISTED FOR SALE

23250 Summit Rd Los Gatos, CA 95033

Estimated Value: $993,732 - $1,396,000

2 Beds
1 Bath
1,205 Sq Ft
$1,025/Sq Ft Est. Value

Last Sold April 01, 2022

Last sale price $1,100,000 $913 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $7,613/month

12 Days on Market

Highlights

  • Eat-In Kitchen
  • Wall Furnace
  • 1-Story Property
  • Loma Prieta Elementary School Rated A

About This Home

As of April 2022

CODE VIOLATION: Garage Converted to 1/1 living structure without permits. Cash Only or Non-Conventional financing likely due to code violation. LOCATION, LOCATION, LOCATION and FLAT Sunny land! Just off Summit Road between hiway 17 and Summit Store is one of the most desirable locations on the mountain.

Last Agent to Sell the Property

Ed Dee

Sanctuary Real Estate License #01383829 Listed on: 02/27/2022

Last Buyer's Agent

Michael Cheng

Archers Homes License #01886927

Home Details

Home Type

  • Single Family

Year Built

  • 1970

Lot Details

  • 1.53

Parking

  • Off-Street Parking

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,205 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Wall Furnace
  • Well
  • Septic Tank

Additional Features

  • 1.53 Acre Lot
  • Horses Potentially Allowed on Property

Home Details

Home Type

Single Family

Year Built

1970

Lot Details

0

Listing Details

  • Zoning: HS
  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 1205
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1970

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room
  • Dining Room: Eat In Kitchen
  • Fireplace: Yes
  • Living Sq Ft: 1205
  • Stories: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

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

Garage/Parking

  • Garage Parking Features: Off-Street Parking, Room For Oversized Vehicle

Utilities

  • Heating System: Electric, Fireplace, Wall Furnace
  • Sewer/Septic System: Existing Septic

Lot Info

  • Lot Acres: 1.5305
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 66669.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 66669.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2022
Closed on
Mar 25, 2022
Sold by
Purser Trust
Bought by
Zope Saurabh Avinash and Bhargava Ekta
Seller's Agent
Ed Dee
Sanctuary Real Estate
Buyer's Agent
Michael Cheng
Archers Homes
List Price
$1,200,000
Sold Price
$1,100,000
Premium/Discount to List
-$100,000
-8.33%
Current Estimated Value
$1,235,683

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,683
Avg. Annual Appreciation
3.12%
Original Mortgage
$880,000
Outstanding Balance
$826,699
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$408,984

Purchase Details

Closed on
Mar 6, 1996
Sold by
Purser Owen and Purser Sharon A
Bought by
Purser Owen and Purser Sharon A
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
Zope Saurabh Avinash $1,100,000 Old Republic Title
Purser Owen -- --
Purser Owen -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zope Saurabh Avinash $880,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2022 04/01/22 Sold $1,100,000 -8.3% $913 / Sq Ft
03/11/2022 03/11/22 Pending -- -- --
02/27/2022 02/27/22 For Sale $1,200,000 -- $996 / 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 $13,818 $1,167,328 $955,087 $212,241
2024 $13,818 $1,144,440 $936,360 $208,080
2023 $13,597 $1,122,000 $918,000 $204,000
2022 $1,486 $97,511 $25,441 $72,070
2021 $1,318 $95,600 $24,943 $70,657
2020 $1,455 $94,621 $24,688 $69,933
2019 $1,443 $92,766 $24,204 $68,562
2018 $1,426 $90,948 $23,730 $67,218
2017 $1,395 $89,165 $23,265 $65,900
2016 $1,352 $87,417 $22,809 $64,608
2015 $1,333 $86,105 $22,467 $63,638
2014 $1,315 $84,419 $22,027 $62,392
Source: Public Records

Agents Affiliated with this Home

  • Ed Dee

    Seller's Agent in 2022

    Ed Dee

    Sanctuary Real Estate

    (408) 896-1117

    41 Total Sales

    Ed Dee
    Section Image

  • M

    Buyer's Agent in 2022

    Michael Cheng

    Archers Homes

    (408) 320-5261

    39 Total Sales

    Michael Cheng
    Section Image
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Map

Source: MLSListings

MLS Number: ML81877586

MLSListings

APN: 558-03-026

California Santa Clara County Los Gatos 95033

23250 Summit Rd, Los Gatos, CA

Not Listed for Sale

Detached

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