NOT LISTED FOR SALE

24161 Summit Woods Dr Los Gatos, CA 95033

Estimated Value: $1,549,000 - $1,908,000

4 Beds
2 Baths
2,284 Sq Ft
$741/Sq Ft Est. Value

Last Sold December 09, 2016

Last sale price $1,130,000 $495 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $10,491/month

30 Days on Market

Highlights

  • Above Ground Pool
  • Ridge View
  • High Ceiling
  • Loma Prieta Elementary School Rated A
  • Bonus Room
  • Den

About This Home

As of December 2016

Bright & Sunny single level ranch home with spacious, open living in the sought after Summit Woods neighborhood*Views to open sky and distant mountains out of most rooms*This 1+/- acre parcel offers fruit trees, pool, space and sun for a vegetable garden*Living room offers high beamed ceilings, west facing windows galore, & wood burning stove to keep you warm in winter*West facing Dining rm, with sliding glass drs, wet bar & easy access to the kitchen*Lots of light in large Family/Kitchen area, a wonderful space for spending time together*Enjoy breakfast, lunch, or dinner on the deck looking west across the mountain valley*Master suite with sliding glass doors to view a beautiful Oak, sky & mountains* Another 3 large bedrooms & an additional room for office or projects, flow nicely on the north side of the house*Efficient use of 2,284 +/- Sqft.*Additional workroom in the lower level has separate access*Award winning Loma Prieta Elementary & CT English Middle,Los Gatos high.

Last Agent to Sell the Property

Paula Leary

Compass License #01469235 Listed on: 09/19/2016

Compass

Co-Listed By

Terence Leary

Compass License #01854782

Last Buyer's Agent

Michael Tran

The Purity-Real Estate, Inc. License #01376592

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,293

Year Built

  • Built in 1973

Lot Details

  • 1 Acre Lot
  • Lot Sloped Down
  • Zoning described as RA

Parking

  • 2 Car Garage
  • Guest Parking

Property Views

  • Ridge
  • Forest

Home Design

  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation
  • Quake Bracing

Interior Spaces

  • 2,284 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Beamed Ceilings
  • High Ceiling
  • Wood Burning Fireplace
  • Dining Area
  • Den
  • Bonus Room
  • Alarm System

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Double Oven
  • Electric Cooktop
  • Range Hood
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Bathtub
  • Walk-in Shower

Pool

  • Above Ground Pool
  • Fence Around Pool

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Propane
  • Septic Tank

Community Details

  • Summit Woods Association

Listing and Financial Details

  • Assessor Parcel Number 097-291-05-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,293

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch
  • Age: 43
  • Listing Class: Residential
  • Structure Sq Ft: 2284
  • Year Built: 1973
  • Zoning Description: RA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Wood Burning
  • Dining Room: Dining Area, Dining Bar
  • Kitchen: Cooktop - Electric, Countertop - Tile, Dishwasher, Garbage Disposal, Hood Over Range, Oven - Double
  • Living Sq Ft: 2284
  • Stories: 1
  • Security: Security Alarm
  • Laundry: Hookup - Electric
  • Flooring: Carpet, Laminate, Tile, Vinyl / Linoleum
  • Additional Rooms: Bonus / Hobby Room, Den / Study / Office
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Stall Shower, Tub
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab, Post and Pier, Quake Bracing
  • Pool Description: Pool - Above Ground, Pool - Fenced
  • Roof: Composition
  • View: Forest / Woods, Ridge
  • Pool: Yes
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 4
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Guest / Visitor Parking

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Septic Standard

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Open Beam Ceiling, Walk-in Closet, Wet Bar

Condo/Co-op/Association

  • H O A Name Text: Summit Woods

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, Views
  • Parcel Number: 097-291-05-000
  • Lot Acres: 1.0010
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 43603.56
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 43603.56

Multi Family

  • Utilities: Individual Electric Meters, 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
Sep 19, 2016
Closed on
Oct 25, 2016
Sold by
Furlong Florence A
Bought by
Bowman John and Bowman Mal
Seller's Agent
Paula Leary
Compass
Buyer's Agent
Michael Tran
The Purity-Real Estate, Inc.
List Price
$1,175,000
Sold Price
$1,130,000
Premium/Discount to List
-$45,000
-3.83%
Current Estimated Value
$1,691,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$561,661
Avg. Annual Appreciation
4.88%
Original Mortgage
$904,000
Outstanding Balance
$723,812
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$987,507
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
Bowman John $1,130,000 Stewart Title Of Ca Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bowman John $150,000
Open Bowman John $904,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2016 12/09/16 Sold $1,130,000 -3.8% $495 / Sq Ft
10/20/2016 10/20/16 Pending -- -- --
09/19/2016 09/19/16 For Sale $1,175,000 -- $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 $15,293 $1,311,462 $905,257 $406,205
2023 $14,994 $1,260,537 $870,105 $390,432
2022 $14,396 $1,235,820 $853,044 $382,776
2021 $14,053 $1,211,589 $836,318 $375,271
2020 $14,090 $1,199,165 $827,742 $371,423
2019 $13,627 $1,175,652 $811,512 $364,140
2018 $13,128 $1,152,600 $795,600 $357,000
2017 $12,878 $1,130,000 $780,000 $350,000
2016 $2,125 $149,892 $41,258 $108,634
2015 $2,046 $147,640 $40,638 $107,002
2014 $2,010 $144,748 $39,842 $104,906
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81615164

MLSListings

APN: 097-291-05-000