NOT LISTED FOR SALE

Estimated Value: $6,022,000 - $6,741,000

5 Beds
4.5 Baths
5,584 Sq Ft
$1,157/Sq Ft Est. Value

Last Sold February 20, 2024

Last sale price $5,850,000 $1,048 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $40,408/month

4 Days on Market

Highlights

  • Wine Cellar
  • Solar Power System
  • 0.86 Acre Lot
  • Louise Van Meter Elementary School Rated A
  • Primary Bedroom Suite
  • Fireplace in Primary Bedroom

About This Home

As of February 2024

Gorgeous Mediterranean estate in fantastic Los Gatos location close to Town. Think Luxury throughout! Grand formal entry with marble floors and high ceilings opens to bright formal dining room. Expansive Gourmet Chef's kitchen features an oversized island, Sub Zero Refrigerator, separate pull out refrigerator drawers, Viking Double Ovens and 48" six-burner range with griddle. Vaulted beamed ceilings with an impressive, stone fireplace seamlessly connect the family room, breakfast nook and kitchen together, creating an ideal space for entertaining. Extremely private meticulously landscaped backyard with wrap around paver patio, three separate sitting areas, artificial turf lawn, built in BBQ and waterfall. Spacious primary retreat with grand walk-in closet, private balcony with views and spa like bathroom. Two main floor en-suite bedrooms. Lower level with entertainment room, two additional bedrooms, craft room and wine cellar. Gated entry, massive 3-car garage + additional parking.

Last Agent to Sell the Property

Greg Simpson

KW Bay Area Estates License #01449209 Listed on: 01/16/2024

KW Bay Area Estates

Last Buyer's Agent

Deepak

Compass License #70010052

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $57,574

Year Built

  • Built in 2008

Lot Details

  • 0.86 Acre Lot
  • Sprinklers on Timer
  • Zoning described as R120

Parking

  • 3 Car Garage
  • Electric Vehicle Home Charger
  • Workshop in Garage
  • Garage Door Opener
  • Electric Gate
  • Guest Parking

Home Design

  • Mediterranean Architecture
  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,584 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Vaulted Ceiling
  • Fireplace With Gas Starter
  • Formal Entry
  • Wine Cellar
  • Family Room with Fireplace
  • 5 Fireplaces
  • Great Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Recreation Room
  • Bonus Room
  • Finished Basement

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Double Oven
  • Gas Oven
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Soaking Tub in Primary Bathroom
  • Oversized Bathtub in Primary Bathroom

Laundry

  • Laundry in unit
  • Washer and Dryer

Home Security

  • Security Gate
  • Alarm System

Outdoor Features

  • Balcony
  • Outdoor Fireplace
  • Barbecue Area

Additional Features

  • Solar Power System
  • Forced Air Zoned Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 529-31-099

Home Details

Home Type

Single Family

Est. Annual Taxes

$57,574

Year Built

Built in 2008

Lot Details

0

Parking

3

Listing Details

  • Subclass: Single Family Home
  • Style: Mediterranean
  • Age: 16
  • Listing Class: Residential
  • Structure Sq Ft: 5584
  • Year Built: 2008
  • Zoning Description: R120
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Gas Starter, Living Room, Outside, Primary Bedroom
  • Dining Room: Breakfast Nook, Eat in Kitchen, Formal Dining Room
  • Kitchen: Countertop - Granite, Dishwasher, Hood Over Range, Island with Sink, Microwave, Oven - Double, Oven - Gas, Oven Range - Gas, Pantry
  • Living Sq Ft: 5584
  • Stories: 2
  • Security: Security Alarm
  • Bedrooms: Primary Suite / Retreat, Walk-in Closet
  • Laundry: Inside, Washer / Dryer
  • Flooring: Carpet, Hardwood, Marble, Tile
  • Additional Rooms: Basement - Finished, Bonus / Hobby Room, Formal Entry, Great Room, Recreation Room, Storage, Wine Cellar / Storage
  • Fireplaces Min: 5
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Bathroom: Primary - Oversized Tub
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Concrete, Tile
  • Yard/Grounds: Balcony / Patio, BBQ Area, Outdoor Fireplace, Sprinklers - Auto

Garage/Parking

  • Garage Spaces: 3
  • Garage Max: 3
  • Garage Min: 3
  • Garage Parking Features: Attached Garage, Electric Car Hookup, Electric Gate, Gate / Door Opener, Guest / Visitor Parking, Room for Oversized Vehicle, Workshop in Garage
  • Electric Vehicle Hookup Type: Electric Vehicle Hookup Level 2 (240 volts)

Utilities

  • Cooling System: Central AC, Multi-Zone
  • Heating System: Central Forced Air, Heating - 2+ Zones
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Open Beam Ceiling, Security Gate, Vaulted Ceiling, Walk-in Closet

Schools

  • School District: Los Gatos-Saratoga Joint Union High
  • Elementary School: Louise Van Meter Elementary
  • Middle School: Raymond J. Fisher Middle
  • High School: Los Gatos High
  • High School: 262
  • Elementary School: 143
  • Middle School: 141

Lot Info

  • Parcel Number: 529-31-099
  • Lot Acres: 0.8605
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 37482.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 37482.00

Green Features

  • Energy Features: Solar Power

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Los Gatos-Saratoga Joint Union High
  • Elementary School Text: Louise Van Meter 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
Jan 16, 2024
Closed on
Jan 31, 2024
Sold by
Pile-Smith 2010 Family Trust
Bought by
Forbell/Rao 2014 Revocable Trust and Forbell
Seller's Agent
Greg Simpson
KW Bay Area Estates
Buyer's Agent
Deepak
Compass
List Price
$5,898,000
Sold Price
$5,850,000
Premium/Discount to List
-$48,000
-0.81%
Views
23
Current Estimated Value
$6,504,076

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$654,076
Avg. Annual Appreciation
7.01%
Original Mortgage
$4,000,000
Outstanding Balance
$3,930,681
Interest Rate
5.38%
Mortgage Type
New Conventional
Estimated Equity
$2,531,524

Purchase Details

Closed on
Jan 27, 2018
Sold by
Pile James S
Bought by
Pile James S and Smith Julie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$999,975
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 14, 2015
Sold by
Vandenberghe Katherine L
Bought by
Pile Smith Family Trust and Smith Julie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,225,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 25, 2012
Sold by
Obrien James K and Obrien Lynn A
Bought by
Vandenberghe Katherine L and Katherine Vandenberghe Family Trust

Purchase Details

Closed on
May 14, 2008
Sold by
Obrien James K and Obrien Lynn A
Bought by
Obrien James K and Obrien Lynn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,725,000
Interest Rate
5.88%
Mortgage Type
Construction

Purchase Details

Closed on
May 9, 2008
Sold by
Sienna Oaks Llc
Bought by
Obrien James K and Obrien Lynn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,725,000
Interest Rate
5.88%
Mortgage Type
Construction
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
Forbell/Rao 2014 Revocable Trust $5,850,000 Chicago Title
Pile James S -- None Available
Pile Smith Family Trust $4,300,000 Chicago Title Company
Vandenberghe Katherine L $4,000,000 Chicago Title Company
Obrien James K -- Chicago Title Company Gilroy
Obrien James K -- Chicago Title Company Gilroy
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Forbell/Rao 2014 Revocable Trust $4,000,000
Previous Owner Pile James S $999,975
Previous Owner Pile James S $1,000,000
Previous Owner Pile Smith Family Trust $3,225,000
Previous Owner Obrien James K $1,725,000
Previous Owner Obrien James K $1,725,000
Previous Owner Obrien James K $1,725,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2024 02/20/24 Sold $5,850,000 -0.8% $1,048 / Sq Ft
01/21/2024 01/21/24 Pending -- -- --
01/16/2024 01/16/24 For Sale $5,898,000 +37.2% $1,056 / Sq Ft
07/28/2015 07/28/15 Sold $4,300,000 -2.3% $770 / Sq Ft
06/23/2015 06/23/15 Pending -- -- --
03/21/2015 03/21/15 For Sale $4,399,000 -- $788 / 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 $57,574 $4,990,514 $2,321,169 $2,669,345
2023 $56,654 $4,892,661 $2,275,656 $2,617,005
2022 $56,274 $4,796,728 $2,231,036 $2,565,692
2021 $55,448 $4,702,676 $2,187,291 $2,515,385
2020 $54,501 $4,654,457 $2,164,864 $2,489,593
2019 $53,790 $4,563,194 $2,122,416 $2,440,778
2018 $52,982 $4,473,720 $2,080,800 $2,392,920
2017 $52,908 $4,386,000 $2,040,000 $2,346,000
2016 $51,661 $4,300,000 $2,000,000 $2,300,000
2015 $50,701 $4,180,409 $1,881,184 $2,299,225
2014 $49,982 $4,098,522 $1,844,335 $2,254,187
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81951546

MLSListings

APN: 529-31-099