NOT LISTED FOR SALE

4990 Elester Dr San Jose, CA 95124

Blossom Crest Neighborhood

Estimated Value: $2,380,000 - $2,946,000

5 Beds
3 Baths
2,357 Sq Ft
$1,114/Sq Ft Est. Value

Last Sold August 31, 2022

Last sale price $2,035,000 $863 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $16,022/month

4 Days on Market

Highlights

  • Formal Dining Room
  • Solar owned by seller
  • Separate Family Room
  • Carlton Elementary School Rated A
  • Forced Air Heating and Cooling System
  • 1-Story Property

About This Home

As of August 2022

Welcome Home to 4990 Elester Drive. Exceptionally located in the highly desirable Carlton neighborhood of Cambrian Park, near Los Gatos. With 2357sf of quality living space on huge 8000+sf lot, this Special property has a beautiful home plus+ an attached ADU. Main home consists of 3 Bedrooms, 2 baths, living, family & dining room w/bonus office that could be a 4th bedroom plus chef's kitchen ready for your touches. The attached ADU has 1 large bedroom, 1 updated bath, living room, designer kitchen with direct access to the main home plus its own separate entrance. Beautiful hardwood flooring throughout, updated baths, designer paint, light fixtures & fans. Owned solar panels & A/C to keep you cool all summer long. This home is perfect for multi-generational living-Or-live in one side & rent out the other. You are close to downtown Los Gatos, Campbell & Willow Glen. Top Rated Schools: Carlton, Union Middle, Leigh High. Great commute location. Perfect for expansion +ADU. Welcome Home!

Last Agent to Sell the Property

Robert Godar

Intero Real Estate Services License #01356357 Listed on: 07/22/2022

Intero Real Estate Services

Last Buyer's Agent

Zaid Hanna

Real Estate 38 License #01421581

Real Estate 38

Home Details

Home Type

  • Single Family

Year Built

  • 1955

Lot Details

  • 8,059

Parking

  • 2 Car Garage
  • On-Street Parking
  • Off-Site Parking

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,357 Sq Ft Home
  • 1-Story Property
  • Separate Family Room
  • Formal Dining Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Solar owned by seller
  • 8,059 Sq Ft Lot
  • Forced Air Heating and Cooling System

Home Details

Home Type

Single Family

Year Built

1955

Lot Details

0

Parking

2

Listing Details

  • Zoning: R1-8
  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 2357
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1955

Interior Features

  • Family Room: Separate Family Room
  • Dining Room: Formal Dining Room
  • Living Sq Ft: 2357
  • Stories: 1
  • Full Bathrooms: 3
  • Total Bedrooms: 5

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Off-Site Parking, On Street

Utilities

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

Schools

  • High School: 240

Lot Info

  • Lot Acres: 0.1850
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8060.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8060.00

Multi Family

  • Utilities: Public Utilities, Solar Panels - Owned

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2022
Closed on
Aug 26, 2022
Sold by
2001 Cox Family Trust
Bought by
Devkota Prabesh and Selvavinayakam Swathi
Seller's Agent
Robert Godar
Intero Real Estate Services
Buyer's Agent
Zaid Hanna
Real Estate 38
List Price
$1,998,000
Sold Price
$2,035,000
Premium/Discount to List
$37,000
1.85%
Current Estimated Value
$2,625,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$590,318
Avg. Annual Appreciation
7.90%
Original Mortgage
$1,628,000
Outstanding Balance
$1,534,724
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$1,090,594

Purchase Details

Closed on
Oct 6, 2009
Sold by
Cox Willis M and Cox Darlene
Bought by
Cox Willis M and Cox Darlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 13, 2005
Sold by
Cox Willis M and Cox Darlene
Bought by
Cox Willis M and Cox Darlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,000
Interest Rate
5.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 6, 2001
Sold by
Cox Willis M and Cox Etta Darlene
Bought by
Cox Willis M and Cox Darlene
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
Devkota Prabesh $2,035,000 Orange Coast Title
Cox Willis M -- Accommodation
Cox Willis M -- Lsi Title Company
Cox Willis M -- --
Cox Willis M -- Alliance Title Company
Cox Willis M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Devkota Prabesh $1,628,000
Previous Owner Cox Willis M $297,000
Previous Owner Cox Willis M $263,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2022 08/31/22 Sold $2,035,000 +1.9% $863 / Sq Ft
07/27/2022 07/27/22 Pending -- -- --
07/22/2022 07/22/22 For Sale $1,998,000 -- $848 / 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 $27,695 $2,117,214 $1,768,680 $348,534
2024 $27,695 $2,075,700 $1,734,000 $341,700
2023 $27,178 $2,035,000 $1,700,000 $335,000
2022 $4,607 $246,417 $21,955 $224,462
2021 $4,469 $241,586 $21,525 $220,061
2020 $4,336 $239,110 $21,305 $217,805
2019 $4,236 $234,423 $20,888 $213,535
2018 $4,126 $229,828 $20,479 $209,349
2017 $4,064 $225,323 $20,078 $205,245
2016 $3,876 $220,906 $19,685 $201,221
2015 $3,809 $217,589 $19,390 $198,199
2014 $3,352 $213,328 $19,011 $194,317
Source: Public Records

Agents Affiliated with this Home

  • Robert Godar

    Seller's Agent in 2022

    Robert Godar

    Intero Real Estate Services

    (408) 655-6457

    2 in this area

    73 Total Sales

    Robert Godar
    Section Image
  • Zaid Hanna

    Buyer's Agent in 2022

    Zaid Hanna

    Real Estate 38

    (408) 515-1613

    1 in this area

    568 Total Sales

    Zaid Hanna
    Section Image
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Map

Source: MLSListings

MLS Number: ML81901298

MLSListings

APN: 421-15-016

California Santa Clara County San Jose 95124 Blossom Crest

4990 Elester Dr, San Jose, CA

Not Listed for Sale

Detached

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