NOT LISTED FOR SALE

Estimated Value: $3,182,000 - $4,185,000

4 Beds
3 Baths
2,529 Sq Ft
$1,517/Sq Ft Est. Value

Last Sold May 13, 2021

Last sale price $2,825,000 $1,117 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $23,267/month

95 Days on Market

Highlights

  • Primary Bedroom Suite
  • Family Room with Fireplace
  • Jetted Tub in Primary Bathroom
  • Louise Van Meter Elementary School Rated A
  • Wood Flooring
  • High Ceiling

About This Home

As of May 2021

Entirely rebuilt in 2010, this carefully curated home is a stunning exhibition of Mission Revival architecture. With quality craftsmanship abounding, 403 Los Gatos Blvd embraces its elegant side while maintaining comfort and livability. Savor the spacious, sun-filled rooms adorned with tray ceilings and crown molding. Notice how light pours into the kitchen and adjacent living room through tall windows and glass doors, casting a warm glow on the diagonal wood flooring. Imagine yourself preparing a favorite meal for loved ones, then curling up with a glass of wine beside the ornate fireplace. Slide open the door leading to the backyards lush garden, a romantic retreat for any occasion. Head back inside to explore the owners suite, boasting a luxurious sunken tub, walk-in closet, and patio access. Take a short walk to downtown Los Gatos shopping, dining, parks, biking trails, and outstanding Los Gatos Union schools. This sophisticated home is the ideal place to begin and end every day.

Last Agent to Sell the Property

Chuck Robinson

Corcoran Icon Properties License #01975601 Listed on: 01/22/2021

Corcoran Icon Properties

Last Buyer's Agent

Jose Pulido

Realty One Group Infinity License #01923155

Realty One Group Infinity

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,964

Year Built

  • 2010

Lot Details

  • 7,745 Sq Ft Lot
  • Fenced
  • Back Yard

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 2,529 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • High Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Gas Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Crawl Space
  • Alarm System

Kitchen

  • Open to Family Room
  • Built-In Oven
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Travertine

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Granite Bathroom Countertops
  • Dual Sinks
  • Jetted Tub in Primary Bathroom
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Washer and Dryer

Utilities

  • Forced Air Heating and Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,964

Year Built

2010

Lot Details

0

Parking

2

Listing Details

  • Zoning: R18
  • Subclass: Single Family Home
  • Age: 11
  • Listing Class: Residential
  • Structure Sq Ft: 2529
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2010

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Family Room, Gas Burning, Wood Burning
  • Dining Room: Formal Dining Room
  • Kitchen: Island With Sink, Oven - Built-In
  • Fireplace: Yes
  • Living Sq Ft: 2529
  • Stories: 1
  • Security: Security Alarm
  • Bedrooms: Primary Bedroom On Ground Floor, Primary Suite / Retreat, More Than One Bedroom On Ground Floor
  • Laundry: Inside, Washer / Dryer
  • Flooring: Carpet, Hardwood, Travertine
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Full On Ground Floor, Granite, Primary - Stall Shower(s), Primary - Tub With Jets

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space
  • Roof: Tile
  • Yard/Grounds: Back Yard, Fenced
  • Fencing: Fenced
  • Construction Type: Stucco, Wood Frame

Garage/Parking

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

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Skylight, Wet Bar

Schools

  • School District: Los Gatos-Saratoga Joint Union High

Lot Info

  • Lot Acres: 0.1778
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7746.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7746.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2021
Closed on
May 7, 2021
Sold by
Veltmann Jolie A and The Veltmann Family Trust
Bought by
Austin Sheen and Dcruz Tammy
Seller's Agent
Chuck Robinson
Corcoran Icon Properties
Buyer's Agent
Jose Pulido
Realty One Group Infinity
List Price
$2,999,000
Sold Price
$2,825,000
Premium/Discount to List
-$174,000
-5.8%
Total Days on Market
95
Current Estimated Value
$3,835,269

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,010,269
Avg. Annual Appreciation
7.42%

Purchase Details

Closed on
Nov 10, 2020
Sold by
Veltmann Jolie A
Bought by
Veltmann Jolie A and Veltmann Family Trust

Purchase Details

Closed on
Apr 5, 2010
Sold by
Safadi Rima and Safadi Adnan
Bought by
Veltmann Jolie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$729,750
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 8, 2008
Sold by
Safadi Rima and Safadi Mohammad O
Bought by
Safadi Rima and Safadi Adnan

Purchase Details

Closed on
Jul 2, 2008
Sold by
Larsen Edward
Bought by
Safadi Rima and Safadi Mohammad O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$691,100
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 24, 2004
Sold by
Denea Marjorie R and Russell Marjorie J
Bought by
Russell Marjorie J
Source: Public Records

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Range of Values:

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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
Austin Sheen $2,825,000 Old Republic Title Company
Veltmann Jolie A -- None Available
Veltmann Jolie A $1,255,000 Old Republic Title Company
Safadi Rima $122,500 None Available
Safadi Rima $950,000 First American Title
Russell Marjorie J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Veltmann Jolie A $500,000
Previous Owner Veltmann Jolie A $729,750
Previous Owner Safadi Rima $691,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2021 05/13/21 Sold $2,825,000 -5.8% $1,117 / Sq Ft
04/28/2021 04/28/21 Pending -- -- --
03/22/2021 03/22/21 For Sale $2,999,000 0.0% $1,186 / Sq Ft
03/05/2021 03/05/21 Pending -- -- --
01/22/2021 01/22/21 For Sale $2,999,000 -- $1,186 / 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
2024 $34,964 $2,997,911 $2,228,536 $769,375
2023 $34,376 $2,939,130 $2,184,840 $754,290
2022 $34,149 $2,881,500 $2,142,000 $739,500
2021 $18,380 $1,496,308 $745,024 $751,284
2020 $17,972 $1,480,966 $737,385 $743,581
2019 $17,725 $1,451,928 $722,927 $729,001
2018 $17,476 $1,423,459 $708,752 $714,707
2017 $17,429 $1,395,549 $694,855 $700,694
2016 $16,976 $1,368,186 $681,231 $686,955
2015 $16,866 $1,347,636 $670,999 $676,637
2014 $16,607 $1,321,239 $657,856 $663,383
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81826889

MLSListings

APN: 529-20-030