NOT LISTED FOR SALE

24163 Summit Woods Dr Los Gatos, CA 95033

Estimated Value: $1,855,000

1.42 Acres
$1,306,338 Price per Acre
61,855 Sq Ft Lot

Last Sold March 18, 2013

Last sale price $160,000

Est. 1,059% increase in value since last sale

Current estimated payment $10,048/month

334 Days on Market

About This Lot

As of March 2013

Priced for quick cash sale! Beautiful 1.42 ac. parcel on a Cul de Sac in desirable Summit Woods. Great commute loc. betw. Soquel and Los Gatos. Build your dream home overlooking a lovely meadow w/ mtn. views! Ext. drainage requirements have been completed, as well as a survey & erosion control measures. LG schools. As is- Buyer to be responsible for obtaining site approval from Santa Cruz Co.

Last Agent to Sell the Property

Carol Payne

Coldwell Banker Realty License #00868667 Listed on: 03/02/2012

Coldwell Banker Realty

Last Buyer's Agent

Steve Coan

Coldwell Banker Realty License #01258637

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,907

Lot Details

  • Pie Shaped Lot

Utilities

  • Septic Permit Required
  • Sewer Not Available

Property Details

Property Type

Land

Est. Annual Taxes

$2,907

Lot Details

0

Listing Details

  • Zoning: RA
  • Subclass: Residential Lot
  • Inspections Reports: Fault Zone
  • Listing Class: Residential Lots & Land
  • Present Use: Vacant
  • Development Status: Building Site Cleared, May Not Be Subdivided
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Sewer/Septic System: Sewer Not Available, Septic Required

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: Pie Shaped
  • Lot Number: 29
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 61855.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 61855.00
  • Lot Size Area Min Search: 61855.00
  • Maximum Lot Size: 61855.00
  • Parcel Access: County Maintained Road

Rental Info

  • Lease Amount: 179000

Multi Family

  • Utilities: On Pole, Bottled Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2012
Closed on
Mar 7, 2013
Sold by
Hda Mortgage Fund Llc
Bought by
Adatia Al Riaz
Seller's Agent
Carol Payne
Coldwell Banker Realty
Buyer's Agent
Steve Coan
Coldwell Banker Realty
List Price
$249,000
Sold Price
$160,000
Premium/Discount to List
-$89,000
-35.74%
Current Estimated Value
$1,855,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,695,000
Avg. Annual Appreciation
21.47%

Purchase Details

Closed on
Nov 24, 2009
Sold by
Freitas John B
Bought by
Hda Mortgage Fund Llc

Purchase Details

Closed on
Jun 19, 2006
Sold by
Freitas Fatima A
Bought by
Freitas John B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.57%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 21, 2004
Sold by
Martin Nagai A and Martin Fred K
Bought by
Nelson Jon R and Nelson Beth A
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
Adatia Al Riaz $160,000 Old Republic Title Company
Hda Mortgage Fund Llc $100,000 First American Title Ins Co
Freitas John B -- First American Title
Freitas John B $205,000 First American Title
Nelson Jon R $80,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Freitas John B $200,000
Previous Owner Freitas John B $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/18/2013 03/18/13 Sold $160,000 -35.7% --
01/30/2013 01/30/13 Pending -- -- --
03/02/2012 03/02/12 For Sale $249,000 -- --
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 $2,907 $197,029 $197,029 --
2023 $2,783 $189,378 $189,378 $0
2022 $2,310 $185,665 $185,665 $0
2021 $2,530 $182,024 $182,024 $0
2020 $2,673 $180,158 $180,158 $0
2019 $2,591 $176,625 $176,625 $0
2018 $2,561 $173,162 $173,162 $0
2017 $2,497 $169,766 $169,766 $0
2016 $2,461 $166,437 $166,437 $0
2015 $2,764 $163,937 $163,937 $0
2014 $2,226 $160,726 $160,726 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81208056

MLSListings

APN: 097-291-04-000