NOT LISTED FOR SALE

248 Jared Ln Los Gatos, CA 95030

East Los Gatos Neighborhood

Estimated Value: $3,307,000 - $6,757,081

1.65 Acres
$3,262,285 Price per Acre
71,874 Sq Ft Lot

Last Sold February 19, 2016

Last sale price $1,000,000

Est. 438% increase in value since last sale

Current estimated payment $33,373/month

91 Days on Market

Highlights

  • 1.65 Acre Lot
  • Louise Van Meter Elementary School Rated A
  • Mountain View

About This Lot

As of February 2016

Extraordinary Opportunity to Build Your Dream Home!Estate Worthy 1.65 Acre Knoll Top Setting! Close to Town in Sought-After Family Neighborhood! Walk to Town and Award-Winning LOS GATOS Schools! Plans available for 6,000sf Custom Home. Town had previously approved building up on the knoll. JARED is a private Lane.

Last Agent to Sell the Property

Lucy Wedemeyer

Christie's International Real Estate Sereno License #00640875 Listed on: 10/15/2015

Christie's International Real Estate Sereno

Co-Listed By

Keith Andry

Christie's International Real Estate Sereno License #01470138

Last Buyer's Agent

Xudong Li

Legend Real Estate & Finance License #01741252

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $37,886

Year Built

  • 2024

Lot Details

  • 1.65 Acre Lot
  • Lot Sloped Up
  • Hillside Location

Property Views

  • Mountain
  • Hills

Additional Features

  • Electricity Available at Street
  • Sewer Connection Less Than 500 Feet Away

Property Details

Property Type

Land

Est. Annual Taxes

$37,886

Year Built

2024

Lot Details

0

Listing Details

  • Zoning: R1
  • Subclass: Residential Lot
  • Listing Class: Residential Lots & Land
  • Present Use: Single Family
  • Development Status: Have Building Plans, May Not Be Subdivided, Preliminary Map
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2024

Exterior Features

  • View: Hills, Mountains

Utilities

  • Sewer/Septic System: Sewer Available, Sewer Connections - Less Than 500 Feet Away, Sewer Not Connected

Schools

  • School District: Los Gatos-Saratoga Joint Union High
  • Elementary School: Louise Van Meter Elementary
  • Middle School: Raymond J. Fisher Middle
  • High School: Los Gatos High
  • High School: 262
  • Elementary School: 143
  • Middle School: 141

Lot Info

  • Lot Description: Grade - Hillside, Grade - Sloped Up, Surveyed, Views
  • Lot Acres: 1.6500
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 71908.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 71908.00
  • Parcel Access: Accessible, Private Road

Multi Family

  • Utilities: Available - Not On Site, Electricity - Available At Street

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 20, 2021
Sold by
Pan Sam Shiwei
Bought by
Pan Sam Shiwei and Liu Xin
Total Days on Market
91
Current Estimated Value
$5,382,770

Purchase Details

Listed on
Oct 15, 2015
Closed on
Feb 18, 2016
Sold by
Yang Irene Yiling
Bought by
Pan Sam Shiwei
Seller's Agent
Lucy Wedemeyer
Christie's International Real Estate Sereno
Buyer's Agent
Xudong Li
Legend Real Estate & Finance
List Price
$1,050,000
Sold Price
$1,000,000
Premium/Discount to List
-$50,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.72%

Purchase Details

Listed on
Oct 15, 2015
Closed on
Feb 9, 2016
Sold by
Hughes William R and Hughes Sandra M
Bought by
Pan Sam Shiwei
Seller's Agent
Lucy Wedemeyer
Christie's International Real Estate Sereno
Buyer's Agent
Xudong Li
Legend Real Estate & Finance
List Price
$1,050,000
Sold Price
$1,000,000
Premium/Discount to List
-$50,000
-4.76%

Purchase Details

Closed on
Jun 16, 2009
Sold by
Hughes William R and Hughes Sandra M
Bought by
Hughes William R and Hughes Sandra M

Purchase Details

Closed on
Aug 20, 2008
Sold by
Chang George T and Chang Pi Ying
Bought by
Hughes William R and Hughes Sandra M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$807,625
Interest Rate
5.5%
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
Pan Sam Shiwei -- None Available
Pan Sam Shiwei -- Chicago Title Company
Pan Sam Shiwei $1,000,000 Chicago Title Company
Hughes William R -- None Available
Hughes William R $1,242,500 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hughes William R $807,625
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2016 02/19/16 Sold $1,000,000 -4.8% --
01/15/2016 01/15/16 Pending -- -- --
10/15/2015 10/15/15 For Sale $1,050,000 -- --
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
2024 $37,886 $3,302,583 $1,160,583 $2,142,000
2023 $21,638 $1,857,777 $1,137,827 $719,950
2022 $17,682 $1,488,343 $1,115,517 $372,826
2021 $13,196 $1,093,645 $1,093,645 $0
2020 $13,000 $1,082,432 $1,082,432 $0
2019 $12,822 $1,061,208 $1,061,208 $0
2018 $13,259 $1,040,400 $1,040,400 $0
2017 $13,636 $1,020,000 $1,020,000 $0
2016 $17,688 $1,351,621 $1,351,621 $0
2015 $16,548 $1,331,319 $1,331,319 $0
2014 $16,103 $1,305,241 $1,305,241 $0
Source: Public Records

Agents Affiliated with this Home

  • Lucy Wedemeyer

    Seller's Agent in 2016

    Lucy Wedemeyer

    Sereno Group

    (408) 335-1414

    12 in this area

    48 Total Sales

    Lucy Wedemeyer
    Section Image
  • Keith Andry

    Seller Co-Listing Agent in 2016

    Keith Andry

    Sereno Group

    (408) 891-4151

    10 in this area

    40 Total Sales

    Keith Andry
    Section Image

  • X

    Buyer's Agent in 2016

    Xudong Li

    Legend Real Estate & Finance

See All Agents

Map

Source: MLSListings

MLS Number: ML81518923

MLSListings

APN: 532-34-071

California Santa Clara County Los Gatos 95030 East Los Gatos

248 Jared Ln, Los Gatos, CA

This home is located at 248 Jared Ln, Los Gatos, CA 95030 since 15 October 2015 and is currently estimated at $5,382,770. This property was built in 2024. 248 Jared Ln is a home located in Santa Clara County with nearby schools including Louise Van Meter Elementary School, Loma Prieta Elementary School, and Raymond J. Fisher Middle School.

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