tomo logo

$3,999,999

Beds
4
Baths
4.5
sq ft
3,435

16982 Kennedy Rd, Los Gatos, CA 95032

16982 Kennedy Rd

Los Gatos, CA 95032

  • 41 days on market
    • Price drop $499,889↓
WOW! NEW PRICE! Tremendous opportunity for a like-new 2020-built Craftsman home nestled in a serene, desirable neighborhood. Award-winning Los Gatos schools and close to downtown with shopping and entertainment. As you admire the landscaped front yard with elegant pavers, enter the living area that exudes luxury. The home features a stunning kitchen with an oversized island, custom cabinetry, modern chandeliers, Subzero and Wolf appliances, and ample counter space. The family room has an in-line fireplace and views to the backyard oasis. This home boasts 4 bedrooms, including a primary suite and an ensuite bedroom on the main floor, perfect for multi-generational living. The high ceilings, European oak flooring, double height ceilings in the kitchen and the streaming natural light create an open, airy feel. Head down the glass staircase to the large bonus room designed as a chic home theater, a second primary suite and an additional guest bedroom with its own bathroom. The home also features a rare pneumatic lift, custom lights, multi-zoned heating and AC, Nest thermostats, smart fire alarms, custom smart shades in living areas and primary bedroom, owned solar, and ~$300k upgrades. The gated driveway and cameras ensure safety and security. Do not miss this opportunity!

Details

Property type

Single Family Residence

Est. home value

$3,943,103

Property condition

New Construction

Lot size

7,499 sq ft

Price per sq ft

$1,165

Year built

2020

HOA

No

Price History

10/04/2024
BridgeMLS

BridgeMLS #ML81981553

Price change
$3,999,999
-11.11%
09/25/2024
BridgeMLS

BridgeMLS #ML81981553

Listed
$4,499,888
+44%
03/03/2021
MLSL

MLSL #ML81819925

Sold
$3,125,000
-2.34%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Los Gatos-Saratoga Joint Union High

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

First Technology Federal Cu

Loan start date

April 2022

Original loan amount

$400,000

Est. remaining balance

Not provided

Interest rate

2.98%

Loan type

Credit Line (Revolving), 25 year

Seller

Srinivas Gudimella and Neelima Avadhanula

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/05/2024 at 5:55 PM

Listing updated: 11/03/2024 at 2:16 AM

Listed by: Chandani Group, Compass Phone #: (408) 391-8267

MLS: BridgeMLS #ML81981553

BridgeMLS logo

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