NOT LISTED FOR SALE

24575 Soquel San Jose Rd Los Gatos, CA 95033

60 Acres
-- Price per Acre
2,613,600 Sq Ft Lot

Last Sold December 06, 2017

Last sale price $2,400,000

147 Days on Market

Highlights

  • 60 Acre Lot
  • Secluded Lot
  • Stream
  • Loma Prieta Elementary School Rated A
  • Pond
  • Spring water is a source of water for the property

About This Lot

As of December 2017

One of the most Unique Real Estate holdings in the Santa Cruz Mtns with a Los Gatos address. 60 acres of beauty located less than 1 mile from the Summit Store. It's an easy commute to Silicon Valley or to the Santa Cruz beaches. The property has good roads and trails throughout the park like setting....a natural pond and creek... The property also has three commercial wells and a developed spring with 50,000+ gallons of water storage.... a six acre meadow with all of the soils, geologic and septic reports complete ...a towering redwood forest....and open usable areas for your Estate Home. There is room to expand for an amazing family compound with multiple homes or Retreat Center. Two separate parcels 43 & 17 Estate Acres. There is room for horses, barns, gardens , greenhouses, tennis courts or even a heliport. This is a Landscape Architects Dream. With two legal parcels you can build two main homes and two Second Units and multiple accessory structures. Total privacy

Last Agent to Sell the Property

Paula Leary

Compass License #01469235 Listed on: 11/15/2016

Compass

Co-Listed By

Terence Leary

Compass License #01854782

Last Buyer's Agent

Alma Donato

David Lyng Real Estate License #01133745

David Lyng Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,166

Lot Details

  • 60 Acre Lot
  • Secluded Lot
  • Paved or Partially Paved Lot
  • Level Lot

Utilities

  • No Utilities
  • Spring water is a source of water for the property
  • Well

Additional Features

  • Farm Animals Allowed
  • Horses Potentially Allowed on Property

Community Details

Overview

  • Stream

Recreation

  • Pond

Property Details

Property Type

Land

Est. Annual Taxes

$9,166

Lot Details

0

Listing Details

  • Zoning: RA
  • Subclass: Residential Development Land
  • Listing Class: Residential Lots & Land
  • Present Use: Bare Land, Farm/Ranch, Grazing, Pasture, Vacant
  • Development Status: Build To Suit, Improvements - Other, Recorded Parcel Map, Topographical Map Available
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Horse Property: Possible
  • Horse Property Description: Unimproved

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: Farm Animals (Permitted), Grade - Level, Grade - Sloped Up, Paved, Pond On Site, Private / Secluded
  • Lot Acres: 60.0000
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 2613600.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 2613600.00
  • Parcel Access: Accessible, Paved Road, Unpaved Road

Multi Family

  • Utilities: None / No Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 23, 2020
Sold by
Atrenet Inc
Bought by
Russell Larry Douglas and Russell Janet Marie

Purchase Details

Listed on
Nov 15, 2016
Closed on
Dec 4, 2017
Sold by
Russel Larry Douglas and Russell Janet Marie
Bought by
Antrenet Inc
Seller's Agent
Paula Leary
Compass
Buyer's Agent
Alma Donato
David Lyng Real Estate
List Price
$2,850,000
Sold Price
$2,400,000
Premium/Discount to List
-$450,000
-15.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage
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
Russell Larry Douglas $100,000 First American Title
Antrenet Inc $2,400,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Antrenet Inc $1,400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2017 12/06/17 Sold $2,400,000 -15.8% --
04/12/2017 04/12/17 Pending -- -- --
11/15/2016 11/15/16 For Sale $2,850,000 -- --
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 $9,166 $782,707 $782,707 --
2023 $7,876 $656,188 $656,188 $0
2022 $7,408 $643,321 $643,321 $0
2021 $7,302 $630,707 $630,707 $0
2020 $7,400 $624,240 $624,240 $0
2019 $7,199 $612,000 $612,000 $0
2018 $7,103 $600,000 $600,000 $0
2017 $3,333 $261,861 $261,861 $0
2016 $3,279 $256,726 $256,726 $0
2015 $3,232 $252,870 $252,870 $0
2014 $3,175 $247,917 $247,917 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81631880

MLSListings

APN: 096-221-36-000