Seller's Agent in 2021
Rebecca Smith
Sereno Group
(408) 335-1400
95 Total Sales
23739 Summit Rd Los Gatos, CA 95033
Estimated Value: $1,831,648 - $2,053,000
3
Beds
2
Baths
2,181
Sq Ft
$899/Sq Ft
Est. Value
Highlights
- 16.17 Acre Lot
- Formal Dining Room
- Bay Window
- Loma Prieta Elementary School Rated A
- 4 Car Detached Garage
- Laundry in Utility Room
About This Home
As of September 2021Rare Opportunity! 16+acres in the heart of the Summit area, close to all local amenities including schools, store, churches, and wineries. Almost 1500 feet Summit Road frontage extending from Morrill Rd, almost to the Loma Prieta school campus exit. Access from Morrill Rd and Summit. Gently rolling, mostly usable land, once pear orchards along the sunny, south-facing Summit side, featuring majestic redwood groves on the northern slope abutting SJWC land. Unlimited potential to develop a mountain estate w/ room for horses, pool, sports courts or raise livestock, orchards, organic farming, vineyards. The existing home dates back to 1942 - has been updated. Private setting on the knoll, set back from Summit with gated entry and long sweeping private driveway. This is a one-of-a-kind property! Parcels of this magnitude rarely come on the market in the central Summit area. Excellent schools, Loma Prieta Elementary, CT English Middle, Los Gatos High!
Last Agent to Sell the Property
Christie's International Real Estate Sereno License #01310611 Listed on: 07/03/2021
Last Buyer's Agent
Carol Payne
Coldwell Banker Realty License #00868667
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $21,080
Year Built
- 1942
Lot Details
- 16.17 Acre Lot
- Fenced
- Lot Has A Rolling Slope
- Mostly Level
Parking
- 4 Car Detached Garage
- Off-Street Parking
Home Design
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,181 Sq Ft Home
- 1-Story Property
- Wood Burning Fireplace
- Bay Window
- Living Room with Fireplace
- Formal Dining Room
- Laundry in Utility Room
- Finished Basement
Flooring
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Horse Facilities and Amenities
- Horses Potentially Allowed on Property
Utilities
- Central Air
- Heat Pump System
- Well
- Septic Tank
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 3, 2021
Closed on
Sep 24, 2021
Sold by
Jones Handel H and The Handel H Jones Revocable T
Bought by
Dwyer Daniel H and Murphy Diana
Seller's Agent
Rebecca Smith
Christie's International Real Estate Sereno
Buyer's Agent
Carol Payne
Coldwell Banker Realty
List Price
$2,488,000
Sold Price
$1,700,000
Premium/Discount to List
-$788,000
-31.67%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$260,662
Avg. Annual Appreciation
3.59%
Purchase Details
Closed on
Aug 1, 2016
Sold by
Jones Handel H and Jones Handel
Bought by
Jones Handel H
Purchase Details
Closed on
Nov 3, 2011
Sold by
Jones Christine and Jones Christina
Bought by
Jones Handel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.95%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 6, 2005
Sold by
Jones Christina
Bought by
Jones Christina
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.02%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Dwyer Daniel H | $1,700,000 | Stewart Title Of Ca Inc | |
| Jones Handel H | -- | None Available | |
| Jones Handel | $700,000 | Fidelity National Title Co | |
| Jones Christina | -- | Alliance Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Jones Handel | $417,000 | |
| Previous Owner | Jones Christina | $300,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/28/2021 09/28/21 | Sold | $1,700,000 | -10.1% | $779 / Sq Ft |
| 09/09/2021 09/09/21 | Pending | -- | -- | -- |
| 09/07/2021 09/07/21 | Price Changed | $1,890,000 | -4.5% | $867 / Sq Ft |
| 08/23/2021 08/23/21 | Price Changed | $1,980,000 | -13.5% | $908 / Sq Ft |
| 08/11/2021 08/11/21 | Price Changed | $2,288,000 | -8.0% | $1,049 / Sq Ft |
| 07/03/2021 07/03/21 | For Sale | $2,488,000 | -- | $1,141 / Sq Ft |
Source: MLSListings
Tax History Compared to Growth
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 | $21,080 | $1,804,053 | $1,379,570 | $424,483 |
| 2024 | $21,080 | $1,768,680 | $1,352,520 | $416,160 |
| 2023 | $20,698 | $1,734,000 | $1,326,000 | $408,000 |
| 2022 | $20,094 | $1,700,000 | $1,300,000 | $400,000 |
| 2021 | $9,886 | $812,271 | $638,216 | $174,055 |
| 2020 | $9,850 | $803,943 | $631,672 | $172,271 |
| 2019 | $9,731 | $788,181 | $619,287 | $168,894 |
| 2018 | $9,605 | $772,728 | $607,145 | $165,583 |
| 2017 | $9,350 | $757,578 | $595,241 | $162,337 |
| 2016 | $9,097 | $742,724 | $583,570 | $159,154 |
| 2015 | $8,940 | $731,569 | $574,805 | $156,764 |
| 2014 | -- | $717,240 | $563,546 | $153,694 |
Source: Public Records
Agents Affiliated with this Home
-
Rebecca Smith
-
Karen Izzo
Seller Co-Listing Agent in 2021
Karen Izzo
Sereno Group
(408) 309-9076
83 Total Sales
-
C
Buyer's Agent in 2021
Carol Payne
Coldwell Banker Realty
Map
Source: MLSListings
MLS Number: ML81843020
APN: 558-56-003
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