NOT LISTED FOR SALE

248 Old Adobe Rd Los Gatos, CA 95032

West Los Gatos Neighborhood

Estimated Value: $2,874,000 - $3,204,000

4 Beds
2.5 Baths
2,223 Sq Ft
$1,375/Sq Ft Est. Value

Last Sold March 30, 2023

Last sale price $2,700,000 $1,215 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $18,653/month

6 Days on Market

Highlights

  • In Ground Pool
  • Family Room with Fireplace
  • 2 Car Attached Garage
  • Westmont High School Rated A
  • Built-In Double Oven
  • Eat-In Kitchen

About This Home

As of March 2023

Great opportunity to own a spacious and customizable ranch-style home in a desirable neighborhood of Los Gatos. With 4 large bedrooms, 2.5 baths, and separate living and family rooms, there is plenty of room for you to make this house your own. The vaulted ceiling in the living room adds to the spacious feel of the home, and the original hardwood floors underneath the carpet provide an opportunity for the new owner to choose their preferred flooring option. The large lot also provides the option to expand the footprint of the home or keep it the same, depending on the new owner's needs. Additionally, the nicely landscaped backyard offers ample space for outdoor activities and summer pool parties. This home is a great opportunity for someone looking to customize their living space in a desirable neighborhood of Los Gatos and make lasting memories.

Last Agent to Sell the Property

Kendra Gaeta

Christie's International Real Estate Sereno License #01962095 Listed on: 03/03/2023

Christie's International Real Estate Sereno

Last Buyer's Agent

Azita Alaverdi

Compass License #01371125

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1964

Lot Details

  • 10,864 Sq Ft Lot
  • Zoning described as R110

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof

Interior Spaces

  • 2,223 Sq Ft Home
  • 1-Story Property
  • Gas Log Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Crawl Space
  • Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Built-In Double Oven
  • Electric Cooktop
  • Dishwasher
  • Tile Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Dual Sinks
  • Bathtub with Shower
  • Walk-in Shower

Pool

  • In Ground Pool
  • Fence Around Pool

Utilities

  • Forced Air Heating and Cooling System
  • Wood Insert Heater

Listing and Financial Details

  • Assessor Parcel Number 407-09-023

Home Details

Home Type

Single Family

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 2223
  • Year Built: 1964
  • Zoning Description: R110
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Gas Burning, Gas Log, Gas Starter, Insert, Living Room
  • Dining Room: Dining Area in Living Room, Eat in Kitchen
  • Kitchen: Cooktop - Electric, Countertop - Tile, Dishwasher, Garbage Disposal, Oven - Built-In, Oven - Double, Pantry, Refrigerator
  • Living Sq Ft: 2223
  • Stories: 1
  • Laundry: Washer / Dryer
  • Fireplaces Min: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Primary - Stall Shower(s), Shower and Tub
  • Fireplace: Yes

Exterior Features

  • Foundation: Crawl Space
  • Pool Description: Pool - Fenced, Pool - In Ground
  • Roof: Composition
  • Pool: Yes

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage

Utilities

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

Lot Info

  • Parcel Number: 407-09-023
  • Lot Acres: 0.2494
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 10866.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 10866.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Campbell Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2023
Closed on
Mar 20, 2023
Sold by
Simone Family Trust
Bought by
Mousavi Kianoosh and Noroozi Nazbanoo
Seller's Agent
Kendra Gaeta
Christie's International Real Estate Sereno
Buyer's Agent
Azita Alaverdi
Compass
List Price
$2,500,000
Sold Price
$2,700,000
Premium/Discount to List
$200,000
8%
Views
46
Current Estimated Value
$3,055,937

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$355,937
Avg. Annual Appreciation
4.47%
Original Mortgage
$2,025,000
Outstanding Balance
$1,963,568
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$1,092,369

Purchase Details

Closed on
Jul 16, 1997
Sold by
Simone Paul A and Simone Dolores M
Bought by
Simone Paul A and Simone Dolores
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mousavi Kianoosh $2,700,000 Chicago Title
Simone Paul A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mousavi Kianoosh $2,025,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2023 03/30/23 Sold $2,700,000 +8.0% $1,215 / Sq Ft
03/09/2023 03/09/23 Pending -- -- --
03/03/2023 03/03/23 For Sale $2,500,000 -- $1,125 / 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 $33,412 $2,809,080 $2,528,172 $280,908
2024 $33,412 $2,754,000 $2,478,600 $275,400
2023 $2,649 $146,725 $55,042 $91,683
2022 $2,595 $143,849 $53,963 $89,886
2021 $2,446 $141,029 $52,905 $88,124
2020 $2,376 $139,584 $52,363 $87,221
2019 $2,323 $136,848 $51,337 $85,511
2018 $2,252 $134,166 $50,331 $83,835
2017 $2,199 $131,537 $49,345 $82,192
2016 $2,050 $128,959 $48,378 $80,581
2015 $1,986 $127,023 $47,652 $79,371
2014 $1,858 $124,536 $46,719 $77,817
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2023

    Kendra Gaeta

    Sereno Group

    Section Image

  • A

    Buyer's Agent in 2023

    Azita Alaverdi

    Compass

    Section Image
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Map

Source: MLSListings

MLS Number: ML81919535

MLSListings

APN: 407-09-023

California Santa Clara County Los Gatos 95032 West Los Gatos

248 Old Adobe Rd, Los Gatos, CA

Not Listed for Sale

Detached

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