See Home Value
$2,696,000 - $3,294,000
House - Off Market

16542 Marchmont DR

LOS GATOS, CA 95032
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1548 Sqft
Refi Nov 08, 2018
Transfer
$3,225,000 by Finance Of America Reverse Llc
Mortgage Due Nov 08, 2048

About This Property

Outstanding Remodeled Single Story Home in Fabulous Neighborhood on large lot! Many custom new homes being built. Great Curb appeal! Remodeled Kitchen with custom cabinets and full slab counters and subway backsplash! Double Pane Windows, Breakfast Nook, Formal Dining and Living Room with custom pillars and wood work! Hardwood floors! Large master w walk in closet! The landscape front and back is spectacular! Pool, Patios, Paved Walkways, Raised Garden Beds, Ivy Arbor, Built in Barbecue!  Great for entertaining! Central Forced Air and Central Air Conditioning! Crown Molding!  Very Nice ADU (without permit) with kitchen and bathroom! Two Car Attached Garage!

The manager has listed the unit size as 1548 square feet.
Unit Size
1,548Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$1,935
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1958

Price History

Date / Event Date Event Price
Apr 18, 2024 No longer available -
No longer available
Apr 10, 2024 Listed $2,995,000
Listed

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Custom
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 546
  • Parking Space Count: 2
  • Pool Type: Pool & spa (both)

    Dimensions

  • Lot Size Square Feet: 11,200
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,548
  • Gross Building Area: 1,484
  • Building Area: 1,548
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 1,548
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KENWOOD ACRES
  • Land Acres: 0.257
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT 328 KENWOOD ACRES BOOK 10 PAGE 56 LOT 32

Ownership

  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Gatos Union Elementary School District
  • Census Tract: 506900

Zoning

  • Zoning: R1-8

Geography

  • Assessors Map Reference: 71-A4
  • Subdivision Tract Number: 328
  • Parcel: 532-08-014
  • Lot: 32
  • Municipality: LOS GATOS
  • Latitude: 37.2272
  • Longitude: -121.959

    Address

  • Full Address: 16542 Marchmont Dr
  • Address - House Number: 16542
  • Address - Street Name: Marchmont
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Los Gatos
  • Carrier Code: C016
  • 4-Digit Zip Code: 5607
  • Zip Code: 95032

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,343
  • Tax Rate Code Area: 03-000

    Appraisal Valuation

  • Standard Deviation: 0.2018
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 72
  • Final Value: 2,829,274
  • High Value: 3,400,399
  • Low Value: 2,258,148

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $3,225,000
  • First Open Lien Mortgage Lender: FINANCE OF AMERICA REVERSE LLC
  • First Open Lien Mortgage Recording Date: Nov 08, 2018
  • First Open Lien Mortgage Loan Amount: $3,225,000
  • First Open Lien Mortgage Term: 999
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Reverse Mortgage (Home Equity Conversion Mortgage)
  • First Open Lien Mortgage Loan Due Date: Nov 08, 2048

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $141,733
  • Assessed Land Value: $30,614
  • Assessed Improvements Value: $111,119

    Exemptions

  • Homeowner Exemption: Yes



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
3.5 Baths
2,050 ft²
$1,365/ft²
$2,798,000 Mar 10, 2024
-
$267/mo

About East Los Gatos


Similar Homes for Sale

Unit for sale at 16564 Grant Bishop Lane, LOS GATOS, CA 95032

$2,798,000

  • 4 Beds
  • 3.5 Baths
  • 2,050 ft²
16564 Grant Bishop Lane, LOS GATOS, CA 95032 Listing by Andy Tse

Nearby Rentals

Unit for rent at 12 Montgomery St B, LOS GATOS, CA, 95030

$3,950 /mo

  • 2 Beds
  • 1 Bath
  • 850 ft²
12 Montgomery St B, LOS GATOS, CA, 95030 Listing by Liz Hawkins


Frequently Asked Questions

When was property at 16542 Marchmont Drive built and last sold?
The property at 16542 Marchmont Drive was built in 1958 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 16542 Marchmont Drive is $2,976,364.
What are some comparable homes to 16542 Marchmont Drive?
There are currently no comparable homes to 16542 Marchmont Drive.

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