NOT LISTED FOR SALE

87 Prospect Ave Los Gatos, CA 95030

East Los Gatos Neighborhood

Estimated Value: $2,641,000 - $4,051,000

4 Beds
2.5 Baths
2,758 Sq Ft
$1,303/Sq Ft Est. Value

Sale Details

Date Sold: January 10, 2019

Last sale price $2,400,000 $870 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $22,470 / mo

34 Days on Market

Highlights

  • Primary Bedroom Suite
  • Mountain View
  • Vaulted Ceiling
  • Louise Van Meter Elementary School Rated A
  • Family Room with Fireplace
  • Wood Flooring

About This Home

As of January 2019

Best value, locations and living In a neighborhood of $4-$5 million dollar homes, nestled amidst the foothills just blocks from Testarossa Winery, Jones Trail, downtown's award-winning restaurants, Los Gatos High school, and shopping. Excellent setting on a large corner lot apx 1/3 acre. Stunning mountain and foothill views. Enjoy the spacious living, fabulous floor-plan, beautiful and thoughtfully, architecturally designed home. Chefs Gourmet Kitchen with granite counter tops, self-closing cabinetry, breakfast bar. Upscale appliances, large walk in pantry. Cozy nook and large dining room. 2 family rooms, one with fireplace. Living room, soaring vaulted ceiling with exposed wood beams, fireplace and lots of windows adding warmth to this elegant room. Master suite offers vaulted ceiling and opens to a private deck with 180-degree view. Several decks and large lawn area. Over-sized two car garage. Award Winning Los Gatos Schools: Fisher Middle and Los Gatos High School.

Last Agent to Sell the Property

George Montanari

Compass License #00780027 Listed on: 10/22/2018

Compass

Last Buyer's Agent

George Montanari

Compass License #00780027 Listed on: 10/22/2018

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1978

Lot Details

  • 14,749 Sq Ft Lot
  • Fenced
  • Back Yard
  • Zoning described as R120

Parking

  • 2 Car Detached Garage
  • Workshop in Garage
  • Garage Door Opener

Property Views

  • Mountain
  • Hills

Home Design

  • Tile Roof
  • Concrete Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,758 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Skylights
  • Fireplace With Gas Starter
  • Double Pane Windows
  • Bay Window
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Breakfast Room
  • Bonus Room
  • Laundry on upper level

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dual Sinks
  • Bathtub with Shower
  • Walk-in Shower

Additional Features

  • Balcony
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 529-31-062

Home Details

Home Type

Single Family

Year Built

Built in 1978

Lot Details

0.34 Acres

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 2758
  • Year Built: 1978
  • Zoning Description: R120
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Gas Starter, Living Room
  • Dining Room: Breakfast Bar, Breakfast Room, Dining Area in Living Room, Eat in Kitchen
  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Garbage Disposal, Microwave, Oven - Built-In, Pantry
  • Living Sq Ft: 2758
  • Stories: 2
  • Bedrooms: Primary Suite / Retreat
  • Laundry: Inside, Upper Floor
  • Flooring: Carpet, Hardwood, Tile, Vinyl / Linoleum
  • Additional Rooms: Bonus / Hobby Room
  • Fireplaces Min: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Primary - Stall Shower(s), Shower over Tub - 1
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Concrete, Tile
  • View: Hills, Mountains
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Detached Garage, Gate / Door Opener, Workshop in Garage

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Bay Window, Skylight, Vaulted Ceiling, Walk-in Closet

Schools

  • High School: 262

Lot Info

  • Parcel Number: 529-31-062
  • Lot Acres: 0.3386
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 14750.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 14750.00

Green Features

  • Energy Features: Double Pane Windows

Multi Family

  • Utilities: Public Utilities

MLS Schools

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2018
Closed on
Jan 7, 2019
Sold by
Bought by
Seller's Agent
George Montanari
Compass
Buyer's Agent
George Montanari
Compass
List Price
$2,799,500
Sold Price
$2,400,000
Premium/Discount to List
-$399,500
-14.27%
Current Estimated Value
$3,664,965

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,264,965
Avg. Annual Appreciation
5.53%

Purchase Details

Closed on
Apr 8, 2008
Sold by
Bought by

Purchase Details

Closed on
Apr 17, 2000
Sold by
Bought by

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
0.0625%

Purchase Details

Closed on
Jul 24, 1998
Sold by
Bought by

Purchase Details

Closed on
Jan 28, 1998
Sold by
Bought by

Purchase Details

Closed on
Jul 12, 1995
Sold by
Bought by

Purchase Details

Closed on
Jan 18, 1995
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,400,000 Old Republic Title Co
-- None Available
$1,483,000 North American Title Co
-- --
-- Old Republic Title Company
-- --
-- --
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $554,000
Closed $560,000
Closed $560,000
Closed $610,000
Closed $700,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/10/2019 01/10/19 Sold $2,400,000 -14.3% $870 / Sq Ft
11/26/2018 11/26/18 Pending -- -- --
10/22/2018 10/22/18 For Sale $2,799,500 -- $1,015 / Sq Ft
Source: MLSListings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $32,090 $2,677,241 $2,141,794 $535,447
2024 $30,943 $2,624,748 $2,099,799 $524,949
2023 $30,417 $2,573,283 $2,058,627 $514,656
2022 $30,220 $2,522,827 $2,018,262 $504,565
2021 $29,745 $2,473,361 $1,978,689 $494,672
2020 $29,228 $2,448,000 $1,958,400 $489,600
2019 $24,645 $2,043,302 $1,102,254 $941,048
2018 $24,309 $2,003,239 $1,080,642 $922,597
2017 $24,207 $1,963,960 $1,059,453 $904,507
2016 $23,593 $1,925,452 $1,038,680 $886,772
2015 $22,694 $1,832,600 $988,500 $844,100
2014 $20,610 $1,651,000 $890,600 $760,400
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2019

    George Montanari

    Compass

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Map

Source: MLSListings

MLS Number: ML81730391

MLSListings

APN: 529-31-062

California Santa Clara County Los Gatos 95030 East Los Gatos

87 Prospect Ave, Los Gatos, CA

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