NOT LISTED FOR SALE

23505 Summit Rd Los Gatos, CA 95033

Estimated Value: $2,279,004 - $3,135,000

4 Beds
2.5 Baths
3,070 Sq Ft
$901/Sq Ft Est. Value

Last Sold June 18, 2013

Last sale price $1,436,000 $468 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $16,377/month

79 Days on Market

Highlights

  • Horse Property
  • Canyon View
  • Fireplace in Primary Bedroom
  • Loma Prieta Elementary School Rated A
  • Craftsman Architecture
  • Deck

About This Home

As of June 2013

Located on the quiet well located Timmus Lane off of Summit Rd in the Hills of Los Gatos. This beautiful 2-story home has wonderful light and space that emphasizes the generous 4 bedroom, 2.5 bathroom floor plan. A Mehus Construction, remodeled, gourmet kitchen equipped with top-of-the-line appliances, granite countertops, and built-in cabinetry. Situated on 3.2 usable sun filled acres with views

Last Agent to Sell the Property

Ed Graziani

Christie's International Real Estate Sereno License #01081556 Listed on: 01/23/2013

Christie's International Real Estate Sereno

Last Buyer's Agent

Michael Riese

Christie's International Real Estate Sereno License #01366625

Christie's International Real Estate Sereno

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,543

Year Built

  • Built in 1964

Lot Details

  • Fenced
  • Lot Sloped Down
  • Backyard Sprinklers
  • Sprinklers on Timer
  • Zoning described as HS

Parking

  • 2 Car Attached Garage

Property Views

  • Canyon
  • Mountain
  • Garden

Home Design

  • Craftsman Architecture
  • Contemporary Architecture
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,070 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Formal Entry
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Bonus Room
  • Workshop
  • Storage Room
  • Gas Dryer Hookup
  • Utility Room

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Low Flow Toliet
  • Low Flow Shower

Eco-Friendly Details

  • Energy-Efficient Insulation

Outdoor Features

  • Horse Property
  • Deck
  • Patio
  • Barbecue Area

Utilities

  • Forced Air Zoned Heating System
  • Heating System Uses Propane
  • Thermostat
  • 220 Volts
  • Water Storage
  • Well
  • Septic Tank
  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number 558-02-033

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,543

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Craftsman, Contemporary
  • Age: 49
  • Sale Price Per Sq Ft: 467.75
  • Listing Class: Residential
  • Structure Sq Ft: 3070
  • Builder Architect: Mehus Remodel
  • Barclay Horizontal: 31
  • Barclays Page: 112
  • Map Book Page: 913
  • Map Book Page Secondary: 112
  • Map Side Coordinate: 7
  • Map Side Coordinate Secondary: 38
  • Map Top Coordinate: F
  • Map Top Coordinate Secondary: 31
  • Thomas Bros Page: 913
  • Thomas Brothers: F7
  • Year Built: 1964
  • Zoning Description: HS
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Family Room, Living Room, Primary Bedroom, Wood Burning, Yes
  • Dining Room: Formal Dining Room, Breakfast Nook
  • Kitchen: Pantry, Dishwasher, Cooktop, Garbage Disposal, Refrigerator, Dishwashers - 2+, Microwave, Oven - Built-In, 220 Volt Outlet, Hookups - Gas
  • Living Sq Ft: 3070
  • Stories: 2
  • Laundry: In Laundry Room, Gas Hookup, 220 Volt Outlet
  • Flooring: Tile, Carpet - Wall to Wall
  • Additional Rooms: Bonus / Hobby Room, Utility Room, Workshop, Den / Study / Office, Formal Entry, Storage
  • Maximum Bathrooms: 3
  • Maximum Numberof Bedrooms: 4
  • Minimum Bathrooms: 3
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Pool - No
  • Roof: Composition
  • View: Garden / Greenbelt, Mountains, Canyon
  • Yard/Grounds: BBQ Area, Patio(s), Sprinkler(s) - Rear, Sprinklers - Auto, Deck, Fenced
  • Horse Property: Yes
  • Exterior: Wood

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: Heating - 2+ Zones, Gas - Propane, Forced Air, Electric
  • Sewer/Septic System: Septic Tank / Pump

Schools

  • School District: Los Gatos-Saratoga Joint Union High
  • Elementary School: Loma Prieta Elementary
  • Middle School: C. T. English Middle
  • High School: Los Gatos High
  • High School: 262
  • Elementary School: 127
  • Middle School: 126

Lot Info

  • Lot Description: Grade - Sloped Down
  • Parcel Number: 558-02-033
  • List Price per Sq Ft: 514.33
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 139392.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 139392.00
  • Lot Size Area Min Search: 139392.00
  • Maximum Lot Size: 139392.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Green Features

  • Energy Features: Insulation - Unknown, Caulked/Sealed, Low Flow Shower, Low Flow Toilet, Weather Stripped Door(s), Thermostat Controller

Multi Family

  • Maximum Building Height: 2
  • Minimum Building Height: 2

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

Closed on
May 31, 2017
Sold by
Riese Michael and Riese Jennifer Viane
Bought by
Riese Michael and Riese Jennifer Viane
Current Estimated Value
$2,766,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$845,000
Outstanding Balance
$689,992
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,076,009

Purchase Details

Closed on
Apr 18, 2013
Sold by
Caplan Stephen H and Caplan Cheryl K
Bought by
Riese Micheal and Riese Jennifer Viane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$742,266
Interest Rate
3.32%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 29, 1997
Sold by
Caplan Stephen H and Caplan Cheryl K
Bought by
Caplan Stephen H and Caplan Cheryl K
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
Riese Michael -- Cornerstone Title Company
Riese Micheal $1,436,000 Chicago Title Company
Caplan Stephen H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Riese Michael $845,000
Previous Owner Riese Micheal $742,266
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/18/2013 06/18/13 Sold $1,436,000 -9.1% $468 / Sq Ft
04/12/2013 04/12/13 Pending -- -- --
01/23/2013 01/23/13 For Sale $1,579,000 -- $514 / 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 $20,543 $1,768,319 $1,009,766 $758,553
2024 $20,543 $1,733,647 $989,967 $743,680
2023 $20,168 $1,699,655 $970,556 $729,099
2022 $19,561 $1,666,329 $951,526 $714,803
2021 $19,314 $1,633,657 $932,869 $700,788
2020 $19,086 $1,616,907 $923,304 $693,603
2019 $18,920 $1,585,203 $905,200 $680,003
2018 $18,682 $1,554,121 $887,451 $666,670
2017 $18,145 $1,523,649 $870,050 $653,599
2016 $17,649 $1,493,775 $852,991 $640,784
2015 $17,286 $1,471,338 $840,179 $631,159
2014 $16,955 $1,442,518 $823,722 $618,796
Source: Public Records

Agents Affiliated with this Home

  • Ed Graziani

    Seller's Agent in 2013

    Ed Graziani

    Sereno Group

    (408) 777-3814

    52 Total Sales

    Ed Graziani
    Section Image

  • M

    Buyer's Agent in 2013

    Michael Riese

    Sereno Group

    Section Image
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Map

Source: MLSListings

MLS Number: ML81302032

MLSListings

APN: 558-02-033

California Santa Clara County Los Gatos 95033

23505 Summit Rd, Los Gatos, CA

This home is located at 23505 Summit Rd, Los Gatos, CA 95033 since 23 January 2013 and is currently estimated at $2,766,001, approximately $900 per square foot. This property was built in 1964. 23505 Summit Rd is a home located in Santa Clara County with nearby schools including Loma Prieta Elementary School, C. T. English Middle School, and Los Gatos High School.

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