See Home Value
$1,715,341*
House - Off Market

16890 Cypress WAY

LOS GATOS, CA 95030
bedrooms
1 Bed
bathrooms
2 Baths, 1 Half Bath
square feet
800 Sqft
$1,350,000 - $1,650,000
Reference Base Price*
14.36%
Since Feb 1, 2021
CA-San Francisco
Primary Model
Sold Aug 25, 2023
$2,375,000
$2,450,000 by Cavallino Fund Llc
Mortgage Due Sep 01, 2024
Sold Apr 29, 2021
$1,000,000
$800,000 by Civic Financial Services Llc
Mortgage Due May 01, 2022

About This Property

The home is a "New Construction" project. Existing structure is a 2 story building and was an artist studio with a small kitchen and bath upstairs and a studio downstairs and has been completely gutted. Plans for a new 3000+ sqft 2 story home have been done and submission for final  building approval is about complete. Value is in the land only. Current structure is not advised for entry.

The manager has listed the unit size as 800 square feet.
Unit Size
800Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$1,875
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1951

Price History

Date / Event Date Event Price
Aug 25, 2023 Sold $2,375,000
Sold
Apr 29, 2021 Sold to Lgrveal001 $1,000,000
Sold to Lgrveal001
Jan 23, 2021 No longer available -
No longer available
Dec 29, 2020 Listed $1,500,000
Listed
Jun 14, 2019 No longer available -
No longer available
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 1
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Custom
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 240
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 13,008
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 860
  • Total Building Area: 800
  • Gross Building Area: 400
  • Building Area: 800
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: None
  • Heated Square Feet: 800
  • Heating Fuel Type: None

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DAVIS & COWELL
  • Land Acres: 0.299
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 2

Ownership

  • Current Owner : MIRACLE VENTURES CYPRESS LLC
  • Previous Owner : LGREVEAL001 LLC
  • Owner Before Previous Owner: PURPLE ROSE LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Gatos Union Elementary School District
  • Census Tract: 507002

Zoning

  • Zoning: R110

Geography

  • Assessors Map Reference: 70-F5
  • Parcel: 532-23-072
  • Lot: 2
  • Municipality: LOS GATOS
  • Latitude: 37.2169
  • Longitude: -121.965

    Address

  • Full Address: 16890 Cypress Way
  • Address - House Number: 16890
  • Address - Street Name: Cypress
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Los Gatos
  • Carrier Code: C014
  • 4-Digit Zip Code: 7533
  • Zip Code: 95030

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $16,407
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 03-070

    Appraisal Valuation

  • Standard Deviation: 0.0775
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 94
  • Final Value: 2,152,287
  • High Value: 2,319,160
  • Low Value: 1,985,414

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,450,000
  • First Open Lien Mortgage Lender: CAVALLINO FUND LLC
  • First Open Lien Mortgage Recording Date: Aug 25, 2023
  • First Open Lien Mortgage Loan Amount: $2,450,000
  • First Open Lien Mortgage Term: 12
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2024

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,352,520
  • Assessed Land Value: $1,352,520

    Sales

  • Current Sale Contract Date: Aug 23, 2023
  • Current Sale Recording Date: Aug 25, 2023
  • Current Sale Transaction ID: 11911675405
  • Current Sale Price: $2,375,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 25523190
  • Previous Sale Recording Date: Apr 29, 2021
  • Previous Sale Contract Date: Feb 24, 2021
  • Previous Sale Amount: $1,000,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: CAVALLINO FUND LLC
  • First Mortgage Transaction Date: Aug 25, 2023
  • First Mortgage Loan Amount: $2,450,000
  • First Mortgage Terms: 12
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: Sep 01, 2024

    Previous Mortgages

  • Previous Mortgage Lender: CIVIC FINANCIAL SERVICES LLC
  • Previous Mortgage Transaction Date: Apr 29, 2021
  • Previous Mortgage Loan Amount: $800,000
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: May 01, 2022



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Condo
2 Beds
1.5 Baths
1,145 ft²
$1,310/ft²
$1,500,000 Mar 18, 2023
-
$500/mo

About East Los Gatos


Similar Homes for Sale

Unit for sale at 177 Villa Avenue, LOS GATOS, CA 95030

$1,500,000

  • 2 Beds
  • 1.5 Baths
  • 1,145 ft²
177 Villa Avenue, LOS GATOS, CA 95030 Listing by Ricardo Martinez

Nearby Rentals

Unit for rent at

$1,850 /mo

  • Studio
  • 1 Bath
  • 400 ft²
Listing by Fantasia Bailey


Frequently Asked Questions

When was property at 16890 Cypress Way built and last sold?
The property at 16890 Cypress Way was built in 1951 and last sold on Aug 23, 2023 for $2,375,000.
How much is this home worth?
The estimated value of the home located at 16890 Cypress Way is $1,476,850.
What are some comparable homes to 16890 Cypress Way?
There are currently no comparable homes to 16890 Cypress Way.

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