NOT LISTED FOR SALE

Estimated Value: $5,616,000 - $8,197,000

5 Beds
4 Baths
4,736 Sq Ft
$1,469/Sq Ft Est. Value

Last Sold October 19, 2016

Last sale price $4,795,000 $1,012 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $43,145/month

5 Days on Market

Highlights

  • Solar Heated In Ground Pool
  • 0.9 Acre Lot
  • Colonial Architecture
  • Daves Avenue Elementary School Rated A
  • Canyon View
  • Wood Flooring

About This Home

As of October 2016

Idyllic Los Gatos estate in prime, walk-to-town location -- just blocks from the heart of one of the Bay Area's most charming & desirable towns. Nearly 1 acre, knoll-top, gated estate with calming, unobstructed views, lush gardens, accessible outdoor kitchen, oversize gazebo & plenty of southern exposure over a resort-like, vanishing-edge pool w/tremendous privacy. Beautifully-appointed living space w/separate guest house awaits the Silicon Valley executive seeking tranquility, modern amenities, space for elegant entertaining & most importantly, a comfortable place to call home. Fine finishes throughout this updated floorplan. Detailed custom molding & fantastic hardwood flooring. Gourmet kitchen w/oversize butler’s pantry. Spa-like master bathroom w/soaking tub, large frameless shower enclosure & spectacular views off its own private balcony. Near world-class restaurants, boutique shopping & extensive trails for those with an active lifestyle.

Last Agent to Sell the Property

Erin Bourke

Coldwell Banker Realty License #01815530 Listed on: 09/13/2016

Coldwell Banker Realty

Last Buyer's Agent

Nazzi Shishido

Compass License #01385100

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $62,734

Year Built

  • Built in 1928

Lot Details

  • 0.9 Acre Lot
  • Zoning described as REBD

Parking

  • 2 Car Detached Garage
  • 2 Carport Spaces
  • Garage Door Opener

Property Views

  • Canyon
  • Mountain
  • Forest
  • Valley
  • Garden

Home Design

  • Colonial Architecture
  • Traditional Architecture
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,736 Sq Ft Home
  • 2-Story Property
  • 3 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Separate Family Room
  • Formal Dining Room
  • Den
  • Wood Flooring

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Wine Refrigerator
  • Granite Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Pool

  • Solar Heated In Ground Pool
  • Spa

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Assessor Parcel Number 510-41-040

Home Details

Home Type

Single Family

Est. Annual Taxes

$62,734

Year Built

Built in 1928

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Colonial, Traditional
  • Age: 88
  • Listing Class: Residential
  • Structure Sq Ft: 4736
  • Incorporated: Yes
  • Year Built: 1928
  • Zoning Description: REBD
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Burning, Gas Starter, Wood Burning
  • Dining Room: Formal Dining Room
  • Kitchen: Cooktop - Gas, Countertop - Granite, Exhaust Fan, Oven - Electric, Oven Range - Gas, Pantry, Wine Refrigerator
  • Living Sq Ft: 4736
  • Stories: 2
  • Laundry: Hookup - Washer/Dryer
  • Flooring: Hardwood
  • Additional Rooms: Den / Study / Office, Guest House, Storage
  • Fireplaces Min: 3
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Pool Description: Heated - Solar, Pool - In Ground, Spa / Hot Tub
  • Roof: Composition
  • View: Canyon, Forest / Woods, Garden / Greenbelt, Mountains, Special, Valley
  • Pool: Yes

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Carport, Detached Garage, Gate / Door Opener
  • Carport Min: 2

Utilities

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

Schools

  • School District: Los Gatos-Saratoga Joint Union High
  • Elementary School: Daves Avenue Elementary
  • Middle School: Raymond J. Fisher Middle
  • High School: Los Gatos High
  • High School: 262
  • Elementary School: 140
  • Middle School: 141

Lot Info

  • Parcel Number: 510-41-040
  • Lot Acres: 0.8980
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 39100.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 39100.00

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Natural Gas, Public Utilities

MLS Schools

  • High School District Text: Los Gatos-Saratoga Joint Union High
  • Elementary School Text: Daves Avenue Elementary
  • High School Text: Los Gatos High
  • Middle School Text: Raymond J. Fisher Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2016
Closed on
Oct 12, 2016
Sold by
Conrad Michael L and Conrad Catherine J
Bought by
Kaestner Henry and Kaestner Kimberley
Seller's Agent
Erin Bourke
Coldwell Banker Realty
Buyer's Agent
Nazzi Shishido
Compass
List Price
$4,795,000
Sold Price
$4,795,000
Current Estimated Value
$6,958,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,163,775
Avg. Annual Appreciation
4.29%

Purchase Details

Closed on
Oct 31, 2009
Sold by
Conrad Michael L and Conrad Catherine J
Bought by
Conrad Michael L and Conrad Catherine J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 28, 2009
Sold by
Conrad Michael L and Conrad Catherine J
Bought by
Conrad Michael L and Conrad Catherine J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$999,999
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2005
Sold by
Conrad Michael L and Conrad Catherine J
Bought by
Conrad Michael L and Conrad Catherine J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$999,999
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 3, 2005
Sold by
Conrad Michael L and Conrad Catherine J
Bought by
Conrad Michael L and Conrad Catherine J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$999,999
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 26, 2001
Sold by
Falcon Elizabeth Melissa Zetterquist and Grundman Susan E
Bought by
Conrad Michael L and Conrad Catherine J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
7.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 11, 2000
Sold by
Zetterquist Mary Bell Trustee
Bought by
Grundman Susan E and Zetterquist John R

Purchase Details

Closed on
May 25, 2000
Sold by
Grundman Susan E and Zetterquist John R
Bought by
Falcon Elizabeth Melissa Zetterquist and Zetterquist James R

Purchase Details

Closed on
Sep 2, 1999
Sold by
Grundman Susan E and Zetterquist John R
Bought by
Zetterquist John R

Purchase Details

Closed on
Feb 26, 1997
Sold by
Zetterquist Mary Bell
Bought by
Zetterquist James R

Purchase Details

Closed on
Dec 19, 1996
Sold by
Zetterquist Mary Bell
Bought by
Grundman Susan E

Purchase Details

Closed on
Dec 29, 1995
Sold by
Zetterquist Mary Bell
Bought by
Zetterquist James R

Purchase Details

Closed on
Dec 7, 1995
Sold by
Zetterquist Mary Bell
Bought by
Zetterquist Mary Bell
Source: Public Records

Range of Values:

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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
Kaestner Henry $4,795,000 Chicago Title Company
Conrad Michael L -- Old Republic Title Company
Conrad Michael L -- Old Republic Title Company
Conrad Michael L -- Old Republic Title Company
Conrad Michael L -- Fidelity National Title Ins
Conrad Michael L -- Fidelity National Title Ins
Conrad Michael L $3,500,000 North American Title Co
Grundman Susan E -- --
Falcon Elizabeth Melissa Zetterquist $380,500 --
Zetterquist James R -- --
Zetterquist John R -- --
Falcon Elizabeth Melissa Zetterquist -- --
Grundman Susan E -- --
Zetterquist John R -- --
Zetterquist James R -- --
Grundman Susan E -- --
Falcon Elizabeth Melissa Zetterquist -- --
Zetterquist James R -- --
Zetterquist John R -- --
Falcon Elizabeth Melissa Zetterquist -- --
Grundman Susan E -- --
Zetterquist Mary Bell -- --
Grundman Susan E -- --
Falcon Elizabeth Melissa Zetterquist -- --
Zetterquist John R -- --
Zetterquist James R -- --
Zetterquist Mary Bell -- --
Zetterquist James R -- --
Zetterquist John R -- --
Falcon Elizabeth Melissa Zetterquist -- --
Grundman Susan E -- --
Zetterquist Mary Bell -- --
Zetterquist Mary Bell -- --
Zetterquist Mary Bell -- --
Zetterquist Mary Bell -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kaestner Henry $2,000,000
Previous Owner Conrad Michael L $625,500
Previous Owner Conrad Michael L $682,656
Previous Owner Conrad Michael L $400,000
Previous Owner Conrad Michael L $690,000
Previous Owner Conrad Michael L $700,000
Previous Owner Conrad Michael L $999,999
Previous Owner Conrad Michael L $999,999
Previous Owner Conrad Michael L $999,000
Previous Owner Conrad Michael L $1,498,000
Previous Owner Conrad Michael L $1,500,000
Previous Owner Conrad Michael L $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2016 10/19/16 Sold $4,795,000 0.0% $1,012 / Sq Ft
09/19/2016 09/19/16 Pending -- -- --
09/13/2016 09/13/16 For Sale $4,795,000 -- $1,012 / 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 $62,734 $5,565,005 $3,597,814 $1,967,191
2024 $62,734 $5,455,888 $3,527,269 $1,928,619
2023 $61,736 $5,348,910 $3,458,107 $1,890,803
2022 $61,319 $5,244,030 $3,390,301 $1,853,729
2021 $60,423 $5,141,207 $3,323,825 $1,817,382
2020 $59,392 $5,088,491 $3,289,744 $1,798,747
2019 $58,617 $4,988,718 $3,225,240 $1,763,478
2018 $57,846 $4,890,900 $3,162,000 $1,728,900
2017 $57,716 $4,795,000 $3,100,000 $1,695,000
2016 $47,415 $3,947,033 $2,545,792 $1,401,241
2015 $47,181 $3,887,746 $2,507,552 $1,380,194
2014 $46,509 $3,811,591 $2,458,433 $1,353,158
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81614257

MLSListings

APN: 510-41-040