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$699,000

Beds
2
Baths
2.0
sq ft
1,100

21471 Lee Dr, Los Gatos, CA 95033

21471 Lee Dr

Los Gatos, CA 95033

  • 171 days on market
    • Price drop $26,000↓
Escape to this charming 2BD, 2BA mountain retreat nestled in desirable Redwood Estates, just a short drive from downtown Los Gatos. Tucked away on 18,797 square feet of land adjacent to community protected open green space, this secluded cottage offers a peaceful getaway. Completely remodeled from the ground up, this cozy home features a 1 BD 1 BA unit upstairs and a separate entry to the 1 BD 1 BA downstairs, offering potential for partial rental income. Step inside to discover custom Alderwood cabinetry, newer appliances including a dishwasher and low-profile microwave, new skylights and custom updated light fixtures and barnwood closet doors. Beautiful views from every window. Enchanting outdoor living, with 2 decks and bulit-in seating and entertainment areas providing the perfect spot to soak in stunning nature. Back patio for Bbqing. With central heat, a/c, in-unit laundry, Comcast internet and ample storage, this mountain retreat offers both comfort and convenience. Redwood Estates has a private community pool, playgrounds and community center, village store, restaurant and post office. Easy access to Hwy 17, just 10 minute to downtown and Santa Cruz in 20 minutes. Los Gatos Schools. Don't miss this opportunity to make this secret mountain cottage your own. Welcome home!

Details

Property type

Single Family Residence

Est. home value

$886,998

Lot size

0.4 acres

Price per sq ft

$636

Year built

1938

HOA fee

$135

Price History

11/08/2024
BridgeMLS

BridgeMLS #ML81967916

Price change
$699,000
-3.59%
10/26/2024
BridgeMLS

BridgeMLS #ML81967916

Price change
$725,000
-3.33%
08/28/2024
BridgeMLS

BridgeMLS #ML81967916

Price change
$750,000
-5.66%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

High school district: 

Los Gatos-Saratoga Joint Union High

Negotiation Insights

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

Seller could get up to

$167,052
Asking price
$699,000
Closing costs (~8% of asking)
-$55,920
Est. remaining loan balance
-$476,028
Cash to seller
$167,052

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Flagstar Bank Fsb

Loan start date

September 2020

Original loan amount

$524,000

Est. remaining balance

$476,028

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

Tyler Nickerson and Cailyn Bradley

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: 11/24/2024 at 4:30 PM

Listing updated: 11/08/2024 at 7:35 PM

Listed by: Lisa Sgarlato, Compass Phone #: (408) 396-7231

MLS: BridgeMLS #ML81967916

BridgeMLS logo

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