NOT LISTED FOR SALE

24345 Santa Cruz Hwy Los Gatos, CA 95033

Estimated Value: $1,100,000 - $1,236,000

3 Beds
3 Baths
1,897 Sq Ft
$605/Sq Ft Est. Value

Last Sold September 25, 2015

Last sale price $724,500 $382 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $7,029/month

100 Days on Market

Highlights

  • Mountain View
  • Tile Flooring
  • Wood Burning Fireplace
  • Vine Hill Elementary School Rated A-
  • Zoned Heating

About This Home

As of September 2015

Fabulous value for turnkey Los Gatos home, conveniently located for easy access to Silicon Valley, Scotts Valley or Santa Cruz! Formal entry/sun room, living/dining room w/custom rock fireplace, hardwood flrs, exposed beams. Updated kitchen, spacious/ light with newer appliances. Two master suites, great layout for in-laws/guests. Second master/family rm w/wood burning stove, French door to backyard. Detached 1 car garage. Spacious deck w/mountain views. Elevated, private setting on ~3/4ac, lots of parking!

Last Agent to Sell the Property

Rebecca Smith

Christie's International Real Estate Sereno License #01310611 Listed on: 05/12/2015

Christie's International Real Estate Sereno

Co-Listed By

Karen Izzo

Christie's International Real Estate Sereno License #01402005

Last Buyer's Agent

Allan Freiberg

David Lyng Real Estate License #01144833

David Lyng Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,937

Year Built

  • Built in 1969

Lot Details

  • 0.65 Acre Lot
  • Zoning described as RA

Parking

  • 1 Car Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,897 Sq Ft Home
  • Wood Burning Fireplace
  • Mountain Views

Flooring

  • Carpet
  • Sustainable
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Zoned Heating
  • Propane
  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 093-461-07-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,937

Year Built

Built in 1969

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Age: 46
  • Listing Class: Residential
  • Structure Sq Ft: 1897
  • Incorporated: Yes
  • Year Built: 1969
  • Zoning Description: RA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Dining "L"
  • Living Sq Ft: 1897
  • Flooring: Carpet, Sustainable Materials, Tile
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • View: Mountains

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Gate / Door Opener, Off-Street Parking

Utilities

  • Heating System: Electric, Individual Room Controls
  • Sewer/Septic System: Septic Connected

Schools

  • School District: Scotts Valley Unified

Lot Info

  • Parcel Number: 093-461-07-000
  • Lot Acres: 0.6450
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 28096.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 28096.00

Multi Family

  • Utilities: Propane On Site, Public Utilities

MLS Schools

  • High School District Text: Scotts Valley Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 5, 2021
Sold by
Cai Lei
Bought by
Cai Lei and Cai Ming Chieh
Current Estimated Value
$1,147,107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Outstanding Balance
$440,236
Interest Rate
2.28%
Mortgage Type
New Conventional
Estimated Equity
$666,199

Purchase Details

Listed on
May 12, 2015
Closed on
Sep 22, 2015
Sold by
Cai Ming Chieh
Bought by
Cai Lei
Seller's Agent
Rebecca Smith
Christie's International Real Estate Sereno
Buyer's Agent
Allan Freiberg
David Lyng Real Estate
List Price
$749,000
Sold Price
$724,500
Premium/Discount to List
-$24,500
-3.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.34%
Original Mortgage
$417,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 12, 2015
Closed on
Sep 3, 2015
Sold by
Vanalst Roger W and Vanalst Van Alst
Bought by
Cai Lei
Seller's Agent
Rebecca Smith
Christie's International Real Estate Sereno
Buyer's Agent
Allan Freiberg
David Lyng Real Estate
List Price
$749,000
Sold Price
$724,500
Premium/Discount to List
-$24,500
-3.27%

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
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 2, 2002
Sold by
Fagin Ian A
Bought by
Vanalst Roger W and Vanalst Tiffany A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,200
Interest Rate
6.28%

Purchase Details

Closed on
May 21, 1998
Sold by
Sahbari Shahram J
Bought by
Fagin Ian A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,000
Interest Rate
7.07%

Purchase Details

Closed on
Jul 21, 1994
Sold by
Smith Cynthia A
Bought by
Sahbari Shahram J

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
8.38%

Purchase Details

Closed on
Feb 18, 1994
Sold by
Lortz Warren N and Sander Stephanie K
Bought by
Smith Cynthia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
5.25%
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
Cai Lei -- Old Republic Title Company
Cai Lei -- Stewart Title Of Ca Inc
Cai Lei $724,500 Stewart Title Of Ca Inc
Vanalst Roger W $456,500 Old Republic Title Company
Fagin Ian A -- Old Republic Title Company
Fagin Ian A $307,000 First American Title Co
Sahbari Shahram J -- First American Title Co
Sahbari Shahram J $250,000 First American Title Co
Smith Cynthia A $180,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cai Lei $560,000
Closed Cai Lei $579,000
Closed Cai Lei $618,750
Closed Cai Lei $417,000
Previous Owner Vanalst Roger W $100,000
Previous Owner Vanalst Roger W $365,200
Previous Owner Fagin Ian A $227,000
Previous Owner Sahbari Shahram J $200,000
Previous Owner Smith Cynthia A $144,000
Closed Vanalst Roger W $45,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2015 09/25/15 Sold $724,500 -3.3% $382 / Sq Ft
08/20/2015 08/20/15 Pending -- -- --
05/12/2015 05/12/15 For Sale $749,000 -- $395 / 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 $9,937 $857,662 $514,597 $343,065
2023 $9,734 $824,357 $494,614 $329,743
2022 $9,566 $808,193 $484,916 $323,277
2021 $9,276 $792,347 $475,408 $316,939
2020 $9,201 $784,222 $470,533 $313,689
2019 $8,917 $768,845 $461,307 $307,538
2018 $8,502 $753,770 $452,262 $301,508
2017 $8,469 $738,990 $443,394 $295,596
2016 $8,130 $724,500 $434,700 $289,800
2015 $6,340 $550,127 $330,077 $220,050
2014 $6,083 $539,351 $323,611 $215,740
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81464732

MLSListings

APN: 093-461-07-000