NOT LISTED FOR SALE

24120 Summit Woods Dr Los Gatos, CA 95033

Estimated Value: $1,647,000 - $1,797,000

4 Beds
3 Baths
2,172 Sq Ft
$803/Sq Ft Est. Value

Last Sold June 01, 2021

Last sale price $1,620,000 $746 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $10,965/month

30 Days on Market

Highlights

  • Ridge View
  • 2 Car Attached Garage
  • Separate Family Room
  • Loma Prieta Elementary School Rated A
  • Forced Air Heating System
  • Dining Area

About This Home

As of June 2021

Ideally located in one of the most coveted neighborhoods in the Los Gatos Mountains, this thoughtfully and beautifully updated home awaits its new owners. Perfect floorplan for today's world of work/study from home and for future entertaining with plenty of flexible divided space but also open floor plan.Majestic redwood trees grace the property while offering view of the distant ridge. 25 minute commute to Los Gatos or 20 minutes to the the beach. Beautiful wrap around deck, landscape,artisan river rock fireplace,hardwood floors,skylights,and fully fenced in 1+acre.Enjoy tasteful upgrades such as electric charger, tranquil spa, tankless water heaters,Bose whole home stereo system, high-end appliances, and remodeled bathrooms, and so much more. This property has been a special place for memories made, warm gatherings of friends, and family, and connected community events. Now it awaits new ones! Must see to appreciate. Excellent Loma Prieta, CT English, and Los Gatos High schools.

Last Agent to Sell the Property

Angele Price

Compass License #01187585 Listed on: 04/01/2021

Compass

Last Buyer's Agent

Kathi Hammill

Compass License #00797165

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,086

Year Built

  • 1968

Lot Details

  • 1.06

Parking

  • 2 Car Attached Garage
  • 1 Carport Space

Property Views

  • Ridge
  • Mountain

Home Design

  • Pillar, Post or Pier Foundation
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,172 Sq Ft Home
  • Wood Burning Fireplace
  • Separate Family Room
  • Dining Area
  • Laundry in unit

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Heating System Uses Gas
  • Propane
  • Septic Tank

Additional Features

  • 1.06 Acre Lot
  • Horses Potentially Allowed on Property

Community Details

  • Association fees include water
  • Summit Mutual Water Company Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,086

Year Built

1968

Lot Details

0

Parking

2

Listing Details

  • Zoning: RA
  • Subclass: Single Family Home
  • Age: 53
  • Listing Class: Residential
  • Structure Sq Ft: 2172
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1968

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Wood Burning
  • Dining Room: Dining Area
  • Fireplace: Yes
  • Living Sq Ft: 2172
  • Laundry: Inside
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bedrooms: 4

Exterior Features

  • Foundation: Post And Pier
  • Roof: Composition, Shingle
  • View: Mountains, Ridge
  • Horse Property: Possible

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage
  • Carport Min: 1

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Forced Air, Gas
  • Sewer/Septic System: Existing Septic

Condo/Co-op/Association

  • Association Fees Include: Water
  • H O A Name Text: Summit Mutual Water Company

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 Acres: 1.0580
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 46086.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 46086.00

Multi Family

  • Utilities: Propane On Site, Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2021
Closed on
May 21, 2021
Sold by
Talvensaari Michael D and Talvensaari Jillian L
Bought by
Willson Michael R and Willson Jessica D
Seller's Agent
Angele Price
Compass
Buyer's Agent
Kathi Hammill
Compass
List Price
$1,699,000
Sold Price
$1,620,000
Premium/Discount to List
-$79,000
-4.65%
Current Estimated Value
$1,743,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,877
Avg. Annual Appreciation
0.94%
Original Mortgage
$1,043,650
Outstanding Balance
$946,951
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$739,584

Purchase Details

Closed on
Nov 2, 2006
Sold by
Talvensaari Michael D and Talvensaari Jillian G
Bought by
Talvensaari Michael D and Talvensaari Jillian L G

Purchase Details

Closed on
Nov 29, 1999
Sold by
Tebo Keith M and Tebo Kristin M
Bought by
Talvensaari Michael D and Talvensaari Jillian G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.75%

Purchase Details

Closed on
Sep 8, 1997
Sold by
William Davis Michael and William Alison Letitia
Bought by
Tebo Keith M and Tebo Kristin M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
5.75%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Willson Michael R $1,620,000 Fidelity National Title Co
Talvensaari Michael D -- None Available
Talvensaari Michael D $505,000 First American Title Co
Tebo Keith M $435,000 Santa Cruz Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Willson Michael R $1,043,650
Previous Owner Talvensaari Michael D $560,000
Previous Owner Talvensaari Michael F $600,000
Previous Owner Talvensaari Jillian Lg $709,700
Previous Owner Talvensaari Michael D $400,000
Previous Owner Talvensaari Michael D $200,000
Previous Owner Talvensaari Michael D $400,000
Previous Owner Talvensaari Michael D $292,700
Previous Owner Talvensaari Michael D $303,000
Previous Owner Talvensaari Michael D $300,000
Previous Owner Talvensaari Michael D $200,000
Previous Owner Talvensaari Michael D $225,000
Previous Owner Talvensaari Michael D $275,000
Previous Owner Talvensaari Michael D $125,000
Previous Owner Talvensaari Michael D $275,000
Previous Owner Tebo Keith M $50,000
Previous Owner Tebo Keith M $400,000
Previous Owner Tebo Keith M $348,000
Closed Tebo Keith M $43,500
Closed Talvensaari Michael D $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2021 06/01/21 Sold $1,620,000 +1.3% $746 / Sq Ft
05/01/2021 05/01/21 Pending -- -- --
04/19/2021 04/19/21 Price Changed $1,599,000 -5.9% $736 / Sq Ft
04/01/2021 04/01/21 For Sale $1,699,000 -- $782 / 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 $20,086 $1,753,540 $1,227,478 $526,062
2023 $19,619 $1,685,448 $1,179,814 $505,634
2022 $18,949 $1,652,400 $1,156,680 $495,720
2021 $9,504 $804,504 $430,244 $374,260
2020 $9,582 $796,255 $425,832 $370,423
2019 $9,218 $780,642 $417,483 $363,159
2018 $9,092 $765,336 $409,297 $356,039
2017 $8,817 $750,328 $401,270 $349,058
2016 $8,662 $735,616 $393,402 $342,214
2015 $8,482 $724,567 $387,493 $337,074
2014 $8,321 $710,374 $379,903 $330,471
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81826682

MLSListings

APN: 097-281-03-000