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$1,575,000

Beds
3
Baths
3.0
sq ft
1,542

17020 Melody Ln, Los Gatos, CA 95033

17020 Melody Ln

Los Gatos, CA 95033

  • 149 days on market
    • Price drop $75,000↓
Two wonderful homes and a Travel Trailer on a stunning, serene, useable 1.2 +/- acres of land! This magical property is private and peacefully set among the Santa Cruz Mountain redwoods. The lovely two-bed, two-bath home with carport and storage building sits on a little more than an acre with a one-bedroom ADU, ready-to-occupy 28-foot travel trailer, and welcoming redwood grove. The well-designed and attractive kitchen is open to the dining area with vaulted redwood ceilings, skylights, and large windows. French doors that open to a deck overlooking the park-like setting and a brick fireplace bring warmth and beauty to the living room. Abundant built-in storage spaces highlight the good-sized bedrooms. An adaptable space overlooking the large rear patio has been used as a perfect home office, a workout space, a den, and a playroom. The ADU has an open floor plan and vaulted ceiling, skylights, single-car garage, and redwood deck with a lovely elevated view of the redwood grove.Excellent location with easy access to Hwy 17 and Old Santa Cruz Hwy. 10 mins to Downtown Los Gatos and 25 mins to Santa Cruz. Award-winning Loma Prieta and Los Gatos Schools.

Details

Property type

Single Family Residence

Est. home value

$1,583,534

Lot size

1.18 acres

Price per sq ft

$1,022

Year built

1948

HOA

No

Price History

09/16/2024
BridgeMLS

BridgeMLS #ML81952350

Price change
$1,575,000
-4.55%
06/12/2024
BridgeMLS

BridgeMLS #ML81952350

Listed
$1,650,000

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

Ing Bank Fsb

Loan start date

December 2006

Original loan amount

$872,000

Est. remaining balance

Not provided

Interest rate

6.12%

Loan type

Not Provided, 30 year

Seller

Barry S Milstone and Victoria L Milstone

Lender

Us Bank Na Nd

Loan start date

April 2003

Original loan amount

$160,000

Est. remaining balance

Not provided

Interest rate

5.67%

Loan type

Credit Line (Revolving)

Seller

Barry S Milstone and Victoria L Milstone

Lender

Gn Mtg Co

Loan start date

July 1998

Original loan amount

$227,150

Est. remaining balance

$59,907

Interest rate

7.05%

Loan type

Not Provided, 30 year

Seller

Barry S Milstone and Victoria L Milstone

Lender

Downey S/L

Loan start date

July 1996

Original loan amount

$288,000

Est. remaining balance

Not provided

Interest rate

5.45%

Loan type

Not Provided, 40 year

Seller

Barry S Milstone and Victoria Lynne Catanese

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: 11/08/2024 at 12:55 PM

Listing updated: 10/28/2024 at 12:20 PM

Listed by: Marisa Irene Thompson, Golden Gate Sotheby's International Realty Phone #: (408) 761-0609

MLS: BridgeMLS #ML81952350

BridgeMLS logo

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