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15950 Stephenie Lane

15950 Stephenie Lane, Los Gatos, CA 95032
Property in East Los Gatos
Sold Nov 09, 2021
$4,200,000
$3,000,000 by Wells Fargo Bank Na
Mortgage Due Dec 01, 2051
Sold Jun 20, 2008
$1,135,000
$1,800,000 by Heritage Bank
Mortgage
15950 Stephenie Lane has been categorized by the local assessors in Los Gatos, CA as a residential type of property. The building on the property was first built in 1940 and is 84 years old. The home has a total of 9 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 4 full bathrooms. There are 4 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 15950 Stephenie Lane has 3,101 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 40,075 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 552 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a porch and a patio. Love to swim? You'll be excited to find out that there is a both a pool and a spa on the property. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. In terms of heating, it is utilizing a heating system. There is a single fireplace in the home. Perfect for those wintery nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 15950 Stephenie Lane was last sold in Nov 1, 2021 for $4,200,000. According to our calculations, that's $1,354.40 per sqft. Prior to that sales transaction, the property was sold for $1,135,000 in Jun 6, 2008. Current property owners are expected to pay $49,767 in taxes per year. The property on 15950 Stephenie Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $4,284,000. To break that down further, the land itself was valued at $3,060,000. While improvements to the property were assessed at a total of $1,224,000. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 552
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Porch
  • Pool Type: Pool & spa (both)

    Dimensions

  • Lot Size Square Feet: 40,075
  • Total Building Area: 3,101
  • Gross Building Area: 1,627
  • Building Area: 3,101
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 3,101
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RINCONADA DE LOS GATOS RHO
  • Land Acres: 0.92
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MAP D6 873

Ownership

  • Current Owner : ALVES DAVID B
  • Current Owner 2: ALVES ELIZABETH J
  • Previous Owner : NEWMAN ANGELA
  • Previous Owner 2: THE DANIEL F BLUE SURVIVORS TR
  • Owner Before Previous Owner: BLUE DANIEL F
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Union Elementary School District
  • Census Tract: 506801

Zoning

  • Zoning: R1-8

Geography

  • Assessors Map Reference: 71-B3
  • Parcel: 523-25-051
  • Municipality: LOS GATOS
  • Latitude: 37.237
  • Longitude: -121.95

    Address

  • Full Address: 15950 Stephenie Ln
  • Address - House Number: 15950
  • Address - Street Name: Stephenie
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Los Gatos
  • Carrier Code: C009
  • 4-Digit Zip Code: 4826
  • Zip Code: 95032

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $49,767
  • Tax Rate Code Area: 03-000

    Appraisal Valuation

  • Standard Deviation: 0.2196
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 69
  • Final Value: 3,730,581
  • High Value: 4,549,911
  • Low Value: 2,911,252

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $3,000,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Nov 09, 2021
  • First Open Lien Mortgage Loan Amount: $3,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,284,000
  • Assessed Land Value: $3,060,000
  • Assessed Improvements Value: $1,224,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 01, 2021
  • Current Sale Recording Date: Nov 09, 2021
  • Current Sale Transaction ID: 11864445407
  • Current Sale Price: $4,200,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 25158709
  • Previous Sale Recording Date: Jun 20, 2008
  • Previous Sale Contract Date: Jun 06, 2008
  • Previous Sale Amount: $1,135,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Nov 09, 2021
  • First Mortgage Loan Amount: $3,000,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: HERITAGE BANK
  • Previous Mortgage Transaction Date: Jun 20, 2008
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $1,800,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 15950 Stephenie Lane located in?
The 15950 Stephenie Lane is a located in the neighborhood of East Los Gatos in East Los Gatos, Los Gatos.
What is the average sales price for listings in 15950 Stephenie Lane?
The average sales price for units in 15950 Stephenie Lane is $0 currently.

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