NOT LISTED FOR SALE

Estimated Value: $2,655,000 - $2,899,000

5 Beds
3 Baths
2,561 Sq Ft
$1,089/Sq Ft Est. Value

Last Sold October 02, 2023

Last sale price $2,500,000 $976 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $17,429/month

20 Days on Market

Highlights

  • Vaulted Ceiling
  • Main Floor Bedroom
  • Wine Refrigerator
  • Leigh High School Rated A
  • Granite Countertops
  • 4-minute walk to Houge Park

About This Home

As of October 2023

Located right on the Cambrian/Los Gatos border, this highly desirable Ponderosa home offers a harmonious blend of comfort and elegance. As you enter, the grandeur of vaulted and high ceilings and a stylish floor finish greets you. Elegant formal dining on the right, large living room on the left connects to family room. The custom fireplace with granite surrounds is a focal point for family gathering. The kitchen features freshly painted white cabinets and granite countertops, with stainless steel appliances and a wine cooler its a chefs dream come true! One bedroom downstairs with a full bath plus 4 bedrooms and 2 bath upstairs is perfect for a large family! The attention to detail extends to the garage, where you'll find a pristine space with epoxy flooring and built-in cabinets all around. Landscaped backyard with turf & a covered patio is great for summer parties! With top schools, easy access to highway 85, around the corner to Houge Park, this home is in the perfect location!

Last Agent to Sell the Property

Mei Ling

8 Blocks Real Estate License #01425296 Listed on: 08/17/2023

Last Buyer's Agent

Bharath 'Kumar' Talluri

Intero Real Estate Services License #01138908

Intero Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,713

Year Built

  • Built in 1977

Lot Details

  • 5,911 Sq Ft Lot
  • Zoning described as A-PD

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,561 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Formal Dining Room
  • Tile Flooring

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Eat-In Kitchen
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Remodeled Bathroom
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Granite Bathroom Countertops
  • Dual Sinks
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 421-31-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,713

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 46
  • Listing Class: Residential
  • Structure Sq Ft: 2561
  • Year Built: 1977
  • Zoning Description: A-PD
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Family Room, Wood Burning
  • Dining Room: Breakfast Nook, Dining Area, Dining Area in Family Room, Eat in Kitchen, Formal Dining Room
  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Garbage Disposal, Hookups - Gas, Microwave, Oven - Gas, Refrigerator, Wine Refrigerator
  • Living Sq Ft: 2561
  • Stories: 2
  • Bedrooms: Ground Floor Bedroom, Walk-in Closet
  • Laundry: Dryer, Electricity Hookup (220V), Washer
  • Flooring: Tile
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Bathroom: Double Sinks, Full on Ground Floor, Granite, Shower over Tub - 1, Stall Shower - 2+, Tile, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Composition

Garage/Parking

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

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Vaulted Ceiling, Walk-in Closet

Schools

  • School District: Campbell Union High
  • Elementary School: Farnham Charter
  • Middle School: Price Charter Middle
  • High School: Leigh High
  • High School: 240
  • Elementary School: 44
  • Middle School: 46

Lot Info

  • Parcel Number: 421-31-004
  • Lot Acres: 0.1357
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5913.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5913.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Campbell Union High
  • Elementary School Text: Farnham Charter
  • High School Text: Leigh High
  • Middle School Text: Price Charter Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2024
Sold by
Lakamsani Prasad and Lakamsani Ratna
Bought by
Prasad V Lakamsani & Ratna S Lakamsani Revoca and Lakamsani
Current Estimated Value
$2,788,811

Purchase Details

Listed on
Aug 17, 2023
Closed on
Sep 28, 2023
Sold by
Gao Ben and Gao Hai Hong
Bought by
Lakamsani Prasad and Lakamsani Ratna
Seller's Agent
Mei Ling
8 Blocks Real Estate
Buyer's Agent
Bharath 'Kumar' Talluri
Intero Real Estate Services
List Price
$2,599,000
Sold Price
$2,500,000
Premium/Discount to List
-$99,000
-3.81%
Views
182

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.59%
Original Mortgage
$1,750,000
Interest Rate
7.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 26, 2021
Closed on
Sep 27, 2021
Sold by
Oliver Terrance W and Oliver Pepper K
Bought by
Gao Ben and Chen Hai Hong
Seller's Agent
Marcie Paul
Intero Real Estate Services
Buyer's Agent
Sri Rao
Intero Real Estate Services
List Price
$2,300,000
Sold Price
$2,600,000
Premium/Discount to List
$300,000
13.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.94%
Original Mortgage
$1,260,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 6, 2016
Sold by
Oliver Terrence W and Oliver Pepper K
Bought by
Oliver Terrance W and Oliver Pepper K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,500
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 2011
Sold by
Gunsky Paul D and Gunsky Diana C
Bought by
Oliver Terrance W and Oliver Pepper

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$716,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 28, 2006
Sold by
Gunsky Paul D and Gunsky Diana C
Bought by
Gunsky Paul D and Gunsky Diana C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$499,000
Interest Rate
6.36%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 20, 2006
Sold by
Gunsky Paul D and Gunsky Diana C
Bought by
Gunsky Paul D and Gunsky Diana C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$499,000
Interest Rate
6.36%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 5, 2003
Sold by
Gunsky Paul D and Gunsky Diana C
Bought by
Gunsky Paul D and Gunsky Diana C

Purchase Details

Closed on
Sep 17, 2002
Sold by
Gunsky Paul D and Gunsky Diana C
Bought by
Gunsky Paul D and Gunsky Diana C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.24%

Purchase Details

Closed on
Feb 1, 2002
Sold by
Gunsky Paul D and Gunsky Dana C
Bought by
Gunsky Paul D and Gunsky Diana C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
7.15%

Purchase Details

Closed on
Aug 18, 1999
Sold by
Gunsky Paul D and Gunsky Diana C
Bought by
Gunsky Paul D and Gunsky Diana C

Purchase Details

Closed on
Apr 24, 1996
Sold by
Guevara Joseph David and Guevara Isabel Unsiog
Bought by
Gunsky Paul D and Gunsky Diana C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,600
Interest Rate
7.62%
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
Prasad V Lakamsani & Ratna S Lakamsani Revoca -- None Listed On Document
Lakamsani Prasad $2,500,000 Chicago Title
Gao Ben $2,600,000 Orange Coast Ttl Co Of Nocal
Oliver Terrance W -- Fidelity National Title Co
Oliver Terrance W $895,000 Old Republic Title Company
Gunsky Paul D -- None Available
Gunsky Paul D -- Alliance Title Company
Gunsky Paul D -- Commonwealth Land Title
Gunsky Paul D -- North American Title Company
Gunsky Paul D -- North American Title Co
Gunsky Paul D -- North American Title Co
Gunsky Paul D -- --
Gunsky Paul D $367,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lakamsani Prasad $1,750,000
Previous Owner Gao Ben $1,260,000
Previous Owner Oliver Terrance W $625,500
Previous Owner Oliver Terrance W $716,000
Previous Owner Gunsky Paul D $499,000
Previous Owner Gunsky Paul D $260,000
Previous Owner Gunsky Paul D $260,000
Previous Owner Gunsky Paul D $293,600
Closed Gunsky Paul D $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2023 10/02/23 Sold $2,500,000 -3.8% $976 / Sq Ft
09/07/2023 09/07/23 Pending -- -- --
08/17/2023 08/17/23 For Sale $2,599,000 0.0% $1,015 / Sq Ft
10/01/2021 10/01/21 Sold $2,600,000 +13.0% $1,015 / Sq Ft
09/02/2021 09/02/21 Pending -- -- --
08/26/2021 08/26/21 For Sale $2,300,000 -- $898 / 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 $31,713 $2,550,000 $2,040,000 $510,000
2024 $31,713 $2,500,000 $2,000,000 $500,000
2023 $33,967 $2,652,000 $2,121,600 $530,400
2022 $33,332 $2,600,000 $2,080,000 $520,000
2021 $14,328 $1,038,551 $830,845 $207,706
2020 $13,681 $1,027,903 $822,326 $205,577
2019 $13,522 $1,007,749 $806,202 $201,547
2018 $13,071 $987,991 $790,395 $197,596
2017 $12,843 $968,620 $774,898 $193,722
2016 $12,232 $949,628 $759,704 $189,924
2015 $12,089 $935,365 $748,293 $187,072
2014 $11,470 $917,043 $733,635 $183,408
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81938951

MLSListings

APN: 421-31-004