NOT LISTED FOR SALE

Estimated Value: $3,535,000 - $4,194,000

5 Beds
4 Baths
2,610 Sq Ft
$1,488/Sq Ft Est. Value

Last Sold October 27, 2016

Last sale price $2,500,000 $958 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $23,117/month

63 Days on Market

Highlights

  • Guest House
  • Bonus Room
  • In-Law or Guest Suite
  • Daves Avenue Elementary School Rated A
  • 2 Car Detached Garage
  • Bathtub with Shower

About This Home

As of October 2016

This gorgeous Craftsman home is nestled in the heart of Downtown Los Gatos on a Private double sided lot, with access from both Walnut Ave and Wishakashi Ave. This amazing Glen Ridge home has been beautifully Restored to its original exterior with added square footage and Completely remodeled interior. This restoration includes Designer finishes and high quality materials throughout, Gourmet Kitchen, and a large center island. The main house boasts 4 bedrooms, 3 full baths, elegant formal living and dining rooms and family room with built-in home entertainment alcove. The home includes a 2 car garage with 2 Additional parking spots. With Los Gatos schools. **The second floor is a legal junior 1 bedroom, 1 full bath, Private Entry, full kitchen, laundry, and large living area. It has its own Address and is Separately Metered and would make an excellent AU PAIR, THEATER/GAME ROOM, HOME OFFICE, GREAT FOR STUDENTS, RENTAL INCOME / AIR B&B.**

Last Agent to Sell the Property

Julie Bruns

Intero Real Estate Services License #01971051 Listed on: 07/18/2016

Intero Real Estate Services

Last Buyer's Agent

Anita Hunter

Compass License #01294883

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1890

Lot Details

  • 8,015 Sq Ft Lot
  • Zoning described as R1B8

Parking

  • 2 Car Detached Garage
  • Guest Parking

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,610 Sq Ft Home
  • 2-Story Property
  • Separate Family Room
  • Dining Area
  • Bonus Room
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • In-Law or Guest Suite
  • 4 Full Bathrooms
  • Dual Sinks
  • Bathtub with Shower

Additional Features

  • Guest House
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 510-41-007

Home Details

Home Type

Single Family

Year Built

Built in 1890

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 2610
  • Year Built: 1890
  • Zoning Description: R1B8
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Dining Room: Dining Area
  • Kitchen: Countertop - Other, Dishwasher, Garbage Disposal, Island
  • Living Sq Ft: 2610
  • Stories: 2
  • Laundry: Hookups Only
  • Flooring: Carpet, Laminate, Tile
  • Additional Rooms: Bonus / Hobby Room, Guest House, In-Law Unit
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Bathroom: Double Sinks, Shower and Tub, Tub

Exterior Features

  • Foundation: Crawl Space
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 3
  • Garage Parking Features: Detached Garage, Guest / Visitor Parking

Utilities

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

Lot Info

  • Parcel Number: 510-41-007
  • Lot Acres: 0.1840
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8000.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Los Gatos-Saratoga Joint Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 28, 2020
Sold by
Siegel Jeffrey
Bought by
Siegel Jeffrey Marc
Current Estimated Value
$3,883,099

Purchase Details

Closed on
Nov 18, 2019
Sold by
Siegel Jeffrey
Bought by
Siegel Jeffrey

Purchase Details

Listed on
Jul 18, 2016
Closed on
Oct 19, 2016
Sold by
Oveyssi Parissa
Bought by
Siegel Jeffrey
Seller's Agent
Julie Bruns
Intero Real Estate Services
Buyer's Agent
Anita Hunter
Compass
List Price
$2,895,000
Sold Price
$2,500,000
Premium/Discount to List
-$395,000
-13.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.89%
Original Mortgage
$800,000
Outstanding Balance
$640,535
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$3,242,564

Purchase Details

Closed on
Dec 1, 2015
Sold by
Clover Properties Llc
Bought by
Oveyssi Parissa

Purchase Details

Closed on
Mar 21, 2012
Sold by
Oveyssi Mahmoud and Oveyssi Manijeh
Bought by
Clover Properties Llc

Purchase Details

Closed on
Oct 12, 2006
Sold by
Montgomery Earl and Hecathorn Pauline
Bought by
Oveyssi Michael and Oveyssi Manijeh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
1.4%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 20, 1996
Sold by
Montgomery Eunice O
Bought by
Montgomery Eunice O
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Siegel Jeffrey Marc -- Chicago Title Company
Siegel Jeffrey -- None Available
Siegel Jeffrey $2,500,000 Chicago Title Company
Oveyssi Parissa $1,655,000 None Available
Clover Properties Llc -- None Available
Oveyssi Michael $1,355,000 Stewart Title Of Ca Inc
Montgomery Eunice O -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Siegel Jeffrey $800,000
Previous Owner Oveyssi Michael $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2016 10/27/16 Sold $2,500,000 -3.5% $958 / Sq Ft
09/20/2016 09/20/16 Pending -- -- --
09/16/2016 09/16/16 Price Changed $2,590,000 -3.9% $992 / Sq Ft
08/18/2016 08/18/16 Price Changed $2,695,000 -6.9% $1,033 / Sq Ft
07/18/2016 07/18/16 For Sale $2,895,000 -- $1,109 / 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 $33,746 $2,901,459 $2,089,052 $812,407
2024 $33,746 $2,844,569 $2,048,091 $796,478
2023 $33,183 $2,788,794 $2,007,933 $780,861
2022 $32,969 $2,734,112 $1,968,562 $765,550
2021 $32,032 $2,680,503 $1,929,963 $750,540
2020 $31,879 $2,653,019 $1,910,174 $742,845
2019 $31,448 $2,601,000 $1,872,720 $728,280
2018 $31,018 $2,550,000 $1,836,000 $714,000
2017 $30,950 $2,500,000 $1,800,000 $700,000
2016 $27,319 $2,210,499 $1,404,318 $806,181
2015 $27,141 $2,177,296 $1,383,224 $794,072
2014 -- $2,134,647 $1,356,129 $778,518
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81595828

MLSListings

APN: 510-41-007