NOT LISTED FOR SALE

Estimated Value: $3,678,000 - $4,345,740

4 Beds
3.5 Baths
3,548 Sq Ft
$1,120/Sq Ft Est. Value

Last Sold November 10, 2021

Last sale price $3,600,000 $1,015 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $24,781/month

86 Days on Market

Highlights

  • Wine Cellar
  • Private Pool
  • Wood Flooring
  • Daves Avenue Elementary School Rated A
  • Normandy Architecture
  • 3-minute walk to Town Plaza Park

About This Home

As of November 2021

$545,000 price reduction for this amazing downtown Los Gatos historic estate. You not only get land & location but also a piece of Los Gatos history! 68 Broadway has been enjoyed by only 2 prominent Los Gatos families in its 86 year history. Now it's time to carry on the legacy & make this amazing property yours. Also known as Les Moineaux (the sparrows), 68 Broadway is an updated, authentic French Normandy style home with tons of character. Some of the features include a brick courtyard entry, a great room with open beamed ceilings and gorgeous parquet wood flooring, an updated kitchen, updated main bathroom, an office with built-ins desks and an upstairs laundry. Workshop, potential wine cellar & a finished basement are not included in the square footage. The large private grounds host multiple brick patios, one with an electronic pergola and heat for year round entertaining, a glistening pool and spa. Just steps away from vibrant downtown Los Gatos & top rated Los Gatos Schools!

Last Agent to Sell the Property

Kim Richman

Compass License #01076556 Listed on: 07/27/2021

Compass

Last Buyer's Agent

Kim Richman

Compass License #01076556 Listed on: 07/27/2021

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $43,379

Year Built

  • 1935

Lot Details

  • 0.3 Acre Lot
  • South Facing Home
  • Wood Fence
  • Flag Lot
  • Sprinklers on Timer
  • Back Yard

Home Design

  • Normandy Architecture
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,548 Sq Ft Home
  • 3-Story Property
  • Beamed Ceilings
  • 3 Fireplaces
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Formal Entry
  • Wine Cellar
  • Formal Dining Room
  • Den
  • Workshop
  • Utility Room
  • Laundry on upper level
  • Neighborhood Views
  • Alarm System
  • Attic
  • Finished Basement

Kitchen

  • Electric Oven
  • Self-Cleaning Oven
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Remodeled Bathroom
  • Dual Sinks
  • Walk-in Shower

Parking

  • 3 Carport Spaces
  • No Garage
  • On-Street Parking
  • Uncovered Parking

Outdoor Features

  • Private Pool
  • Balcony
  • Barbecue Area

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Courtyard

Home Details

Home Type

Single Family

Est. Annual Taxes

$43,379

Year Built

1935

Lot Details

0

Listing Details

  • Zoning: RM
  • Subclass: Single Family Home
  • Style: Normandy
  • Age: 86
  • Listing Class: Residential
  • Structure Sq Ft: 3548
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1935

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Starter, Wood Burning
  • Dining Room: Formal Dining Room
  • Kitchen: Countertop - Granite, Dishwasher, Garbage Disposal, Oven - Self Cleaning, Oven Range - Electric, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 3548
  • Stories: 3
  • Security: Security Alarm
  • Bedrooms: Ground Floor Bedroom
  • Laundry: Inside, Upper Floor
  • Flooring: Hardwood, Tile, Wood
  • Additional Rooms: Attic, Basement - Finished, Formal Entry, Office Area, Utility Room, Wine Cellar / Storage, Workshop
  • Fireplaces Min: 3
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Primary - Stall Shower(s), Updated Bath

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Pool Description: Yes
  • Roof: Composition
  • View: Neighborhood
  • Yard/Grounds: Back Yard, Balcony / Patio, Bbq Area, Courtyard, Fenced, Sprinklers - Auto, Sprinklers - Lawn
  • Fencing: Wood
  • Property Faces: South
  • Pool: Pool - Gunite, Pool - Heated, Pool - In Ground, Spa - In Ground

Garage/Parking

  • Garage Parking Features: Carport, Covered Parking, No Garage, On Street, Uncovered Parking
  • Carport Min: 3

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Open Beam Ceiling

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

  • Lot Description: Flag Lot
  • Lot Acres: 0.2984
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 13000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 13000.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2021
Closed on
Oct 28, 2021
Sold by
Wasserman Michael J and Wasserman Kimberley J
Bought by
Dubresson Marc and Dubresson Caroline
Seller's Agent
Kim Richman
Compass
Buyer's Agent
Kim Richman
Compass
List Price
$4,395,000
Sold Price
$3,600,000
Premium/Discount to List
-$795,000
-18.09%
Current Estimated Value
$3,972,685

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$372,685
Avg. Annual Appreciation
4.14%
Original Mortgage
$2,880,000
Outstanding Balance
$2,626,489
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$1,582,377

Purchase Details

Closed on
Mar 30, 2012
Sold by
Wasserman Michael J and Wasserman Kimberley J
Bought by
Wasserman Michael J and Wasserman Kimberley J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 2002
Sold by
Wasserman Michael J and Wasserman Kimberley J
Bought by
Wasserman Michael J and Wasserman Kimberley J

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
5.99%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 8, 1999
Sold by
Wasserman Michael J and Wasserman Kimberley J
Bought by
Wasserman Michael J and Wasserman Kimberley J

Purchase Details

Closed on
Dec 17, 1993
Sold by
Wasserman Michael J and Wasserman Kimberley J
Bought by
Wasserman Michael J and Wasserman Kimberley J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,000
Interest Rate
7.2%
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
Dubresson Marc $3,600,000 Chicago Title Company
Wasserman Michael J -- Old Republic Title Company
Wasserman Michael J -- Old Republic Title Company
Wasserman Michael J -- Commonwealth Land Title
Wasserman Michael J -- --
Wasserman Michael J -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dubresson Marc $2,880,000
Previous Owner Wasserman Michael J $417,000
Previous Owner Wasserman Michael J $260,000
Previous Owner Wasserman Michael J $488,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2021 11/10/21 Sold $3,600,000 -18.1% $1,015 / Sq Ft
10/21/2021 10/21/21 Pending -- -- --
07/27/2021 07/27/21 For Sale $4,395,000 -- $1,239 / 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 $43,379 $3,820,348 $3,056,279 $764,069
2024 $43,379 $3,745,440 $2,996,352 $749,088
2023 $42,666 $3,672,000 $2,937,600 $734,400
2022 $42,381 $3,600,000 $2,880,000 $720,000
2021 $8,058 $607,855 $262,707 $345,148
2020 $7,901 $601,623 $260,014 $341,609
2019 $7,782 $589,827 $254,916 $334,911
2018 $7,661 $578,263 $249,918 $328,345
2017 $7,622 $566,925 $245,018 $321,907
2016 $7,421 $555,810 $240,214 $315,596
2015 $7,416 $547,462 $236,606 $310,856
2014 $7,288 $536,739 $231,972 $304,767
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81866653

MLSListings

APN: 510-45-085