NOT LISTED FOR SALE

Estimated Value: $2,031,000 - $3,458,747

2 Beds
1.5 Baths
1,962 Sq Ft
$1,436/Sq Ft Est. Value

Last Sold February 16, 2021

Last sale price $2,530,000 $1,290 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $17,980/month

58 Days on Market

Highlights

  • Wine Cellar
  • Craftsman Architecture
  • Marble Bathroom Countertops
  • Louise Van Meter Elementary School Rated A
  • Wood Flooring
  • 1 Fireplace

About This Home

As of February 2021

2 legal & beautifully remodeled living units w/separate gas and electric meters. Generate income from both desirable units or live in one yourself. Main home is 1,962 sf +/- and the second unit is 1,100 sf +/-. Each home has its own yard & patio for entertainment and privacy. The main home is beautifully styled, blending white & cool color palates with elegant paneling in the dining room, consistent w/the Craftsman style. New dual-pane windows installed, except for the front dining & living room windows, preserving the old world wave glass. Fabulous, completely remodeled kitchen w/hardwood flooring, granite counters,& high-end S/S steel appliances. Main home is configured w/2 bedrooms & 1.5 baths, separate dining & living rooms, & spacious finished basement (250+/- of unpermitted basement sf included in total) w/inside laundry facilities. 2-car tandem gar. 1100 sf 1bed/1bath unit has separate living, eat-in kitchen, laundry room, spacious upstairs bedroom w/walk-in closets. LG Schools.

Last Agent to Sell the Property

Nevis and Ardizzone Team

Compass License #70010073 Listed on: 11/04/2020

Compass

Last Buyer's Agent

Chris Fisher

Modern Homes Realty License #01839010

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,948

Year Built

  • 1912

Lot Details

  • 0.33 Acre Lot
  • Gated Home
  • Back Yard Fenced

Parking

  • 2 Car Detached Garage
  • Tandem Parking

Home Design

  • Craftsman Architecture
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,962 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Wine Cellar
  • Formal Dining Room
  • Laundry in unit
  • Finished Basement

Kitchen

  • Breakfast Area or Nook
  • Gas Oven
  • Range Hood
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Remodeled Bathroom
  • Bathroom on Main Level
  • Marble Bathroom Countertops
  • Bathtub with Shower
  • Bathtub Includes Tile Surround

Additional Homes

  • 1,100 SF Accessory Dwelling Unit

Utilities

  • Forced Air Heating and Cooling System
  • Wood Insert Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,948

Year Built

1912

Lot Details

0

Parking

2

Listing Details

  • Zoning: RM512
  • Subclass: Single Family Home
  • Style: Craftsman
  • Age: 108
  • Listing Class: Residential
  • Second Res Apx Sq Ft: 1100
  • Structure Sq Ft: 1962
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1912

Interior Features

  • Family Room: No Family Room
  • Fireplace: Insert
  • Dining Room: Breakfast Nook, Formal Dining Room
  • Kitchen: Countertop - Granite, Dishwasher, Garbage Disposal, Hood Over Range, Microwave, Oven Range - Gas, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 1962
  • Stories: 1
  • Laundry: Inside
  • Flooring: Carpet, Hardwood, Tile
  • Additional Rooms: Basement - Finished, Wine Cellar / Storage
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Half On Ground Floor, Marble, Shower Over Tub - 1, Tile, Updated Bath

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition, Shingle
  • Fencing: Fenced Back, Gate

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Detached Garage, Tandem Parking

Utilities

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

Schools

  • School District: Los Gatos-Saratoga Joint Union High
  • Middle School: Raymond J. Fisher Middle
  • High School: Los Gatos High
  • High School: 262
  • Middle School: 141

Lot Info

  • Lot Acres: 0.3258
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 14191.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 14191.00

Multi Family

  • Utilities: Natural Gas, Public Utilities
  • Second Unit Description: 1Bd/1Ba rental

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 8, 2021
Sold by
Palmer Nicholas William and Lasaga Teresa Marie
Bought by
Palmer Nicholas William and Lasaga Teresa Marie
Current Estimated Value
$2,816,687

Purchase Details

Listed on
Nov 4, 2020
Closed on
Feb 11, 2021
Sold by
Bower Robert L
Bought by
Palmer Nicholas William and Lasaga Teresa Marie
Seller's Agent
Nevis and Ardizzone Team
Compass
Buyer's Agent
Chris Fisher
Modern Homes Realty
List Price
$2,950,000
Sold Price
$2,530,000
Premium/Discount to List
-$420,000
-14.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.39%
Original Mortgage
$1,875,000
Outstanding Balance
$1,681,803
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$1,134,884

Purchase Details

Listed on
Aug 25, 2015
Closed on
Sep 18, 2015
Sold by
Bower Jennifer
Bought by
Bower Robert
Seller's Agent
Mark Von Kaenel
KW Bay Area Estates
Buyer's Agent
Mark Von Kaenel
KW Bay Area Estates
List Price
$1,399,000
Sold Price
$1,555,000
Premium/Discount to List
$156,000
11.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.41%
Original Mortgage
$1,000,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 25, 2015
Closed on
Sep 16, 2015
Sold by
Stone Greg
Bought by
Bower Robert L
Seller's Agent
Mark Von Kaenel
KW Bay Area Estates
Buyer's Agent
Mark Von Kaenel
KW Bay Area Estates
List Price
$1,399,000
Sold Price
$1,555,000
Premium/Discount to List
$156,000
11.15%

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
3.86%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Palmer Nicholas William -- Fidelity National Title
Palmer Nicholas William $2,530,000 Fidelity National Title Co
Bower Robert -- Chicago Title Company
Bower Robert L $1,555,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palmer Nicholas William $1,875,000
Previous Owner Bower Robert L $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2021 02/16/21 Sold $2,530,000 -6.1% $1,290 / Sq Ft
01/01/2021 01/01/21 Pending -- -- --
11/18/2020 11/18/20 Price Changed $2,695,000 -8.6% $1,374 / Sq Ft
11/04/2020 11/04/20 For Sale $2,950,000 +89.7% $1,504 / Sq Ft
09/21/2015 09/21/15 Sold $1,555,000 +11.2% $1,034 / Sq Ft
09/06/2015 09/06/15 Pending -- -- --
08/25/2015 08/25/15 For Sale $1,399,000 -- $930 / 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 $31,948 $2,738,552 $2,056,620 $681,932
2024 $31,948 $2,684,856 $2,016,295 $668,561
2023 $31,413 $2,632,212 $1,976,760 $655,452
2022 $31,211 $2,580,600 $1,938,000 $642,600
2021 $21,149 $1,700,342 $1,020,151 $680,191
2020 $20,768 $1,682,908 $1,009,691 $673,217
2019 $20,479 $1,649,911 $989,894 $660,017
2018 $20,189 $1,617,561 $970,485 $647,076
2017 $20,130 $1,585,845 $951,456 $634,389
2016 $19,593 $1,554,750 $932,800 $621,950
2015 $2,008 $71,854 $52,653 $19,201
2014 $1,556 $70,447 $51,622 $18,825
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81818535

MLSListings

APN: 529-22-021