NOT LISTED FOR SALE

Estimated Value: $3,340,000 - $3,929,000

4 Beds
3 Baths
2,879 Sq Ft
$1,271/Sq Ft Est. Value

Last Sold May 05, 2022

Last sale price $4,000,000 $1,389 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $22,954/month

Highlights

  • Deck
  • Family Room with Fireplace
  • High Ceiling
  • Noddin Elementary School Rated A
  • Main Floor Bedroom
  • Breakfast Area or Nook

About This Home

As of May 2022

Welcome to your exceptional one of a kind home located on a quiet cul-de-sac in the desirable Belwood neighborhood of Los Gatos. Remodeled kitchen, bathrooms, hardwood floors, much more. This modern home has an open concept floor plan with soaring ceilings, spacious rooms; a bedroom and a separate bathroom on the ground floor for your private office or visitors. Formal dining room, living room and a wonderful family room with a built in wet bar and cozy fireplace over looking the private backyard. Walking distance to highly ranked Noddin Elementary, scenic Belgatos Park. Option to join Belwood Cabana, although not required.

Last Agent to Sell the Property

Valerie Harder

Keller Williams Realty-Silicon Valley License #01391672 Listed on: 04/06/2022

Keller Williams Realty-Silicon Valley

Last Buyer's Agent

Miwan Kim

Prima Investment Group Inc. License #01106402

Prima Investment Group Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $41,447

Year Built

  • 1994

Lot Details

  • 9,270 Sq Ft Lot
  • Back Yard Fenced

Parking

  • 2 Car Attached Garage

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 2,879 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • High Ceiling
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Remodeled Bathroom
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Washer and Dryer

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Water Softener is Owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$41,447

Year Built

1994

Lot Details

0

Parking

2

Listing Details

  • Zoning: R18
  • Subclass: Single Family Home
  • Age: 28
  • Listing Class: Residential
  • Structure Sq Ft: 2879
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1994

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Gas Log, Gas Starter, Living Room, Wood Burning
  • Dining Room: Breakfast Nook, Eat In Kitchen, Formal Dining Room
  • Kitchen: Island
  • Fireplace: Yes
  • Living Sq Ft: 2879
  • Stories: 2
  • Bedrooms: Ground Floor Bedroom, Walk-In Closet
  • Laundry: Inside, Washer / Dryer
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Bathroom: Full On Ground Floor, Stall Shower - 2+, Tubs - 2+, Updated Bath

Exterior Features

  • Foundation: Concrete Perimeter
  • Yard/Grounds: Back Yard, Deck, Fenced
  • Fencing: Fenced Back, Wood

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Walk-In Closet, Wet Bar

Schools

  • School District: Campbell Union High
  • Elementary School: Noddin Elementary
  • Middle School: Union Middle
  • High School: Leigh High
  • High School: 240
  • Elementary School: 225
  • Middle School: 229

Lot Info

  • Lot Acres: 0.2128
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9271.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 9271.00

Green Features

  • Energy Features: Double Pane Windows

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2022
Closed on
Apr 26, 2022
Sold by
Salminen Family Revocable Trust
Bought by
Lee Daniel Hong Kyu and Song Ji Young
Seller's Agent
Valerie Harder
Keller Williams Realty-Silicon Valley
Buyer's Agent
Miwan Kim
Prima Investment Group Inc.
List Price
$2,985,000
Sold Price
$4,000,000
Premium/Discount to List
$1,015,000
34%
Current Estimated Value
$3,660,084

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$339,916
Avg. Annual Appreciation
-2.44%
Original Mortgage
$2,800,000
Outstanding Balance
$2,643,408
Interest Rate
4.42%
Mortgage Type
Balloon
Estimated Equity
$1,035,644

Purchase Details

Closed on
May 5, 2021
Sold by
Salminen Janne and Salminen Satu
Bought by
Salminen Janne and Salminen Satu

Purchase Details

Listed on
Mar 13, 2012
Closed on
Apr 4, 2012
Sold by
Bank Of America Na
Bought by
Salminen Satu and Salminen Janne
Seller's Agent
John Guidace
Intero Silicon Valley
Buyer's Agent
Valerie Harder
Compass
List Price
$1,100,000
Sold Price
$1,232,500
Premium/Discount to List
$132,500
12.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.50%
Original Mortgage
$600,000
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 11, 1994
Sold by
Coffey L D and Coffey Judith L
Bought by
Wells Clifford E and Wells Nancy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
3.37%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lee Daniel Hong Kyu $4,000,000 Chicago Title
Salminen Janne -- None Available
Salminen Satu $1,232,500 Stewart Title Of California
Wells Clifford E $530,000 Santa Clara Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Daniel Hong Kyu $2,800,000
Previous Owner Salminen Satu $546,000
Previous Owner Salminen Satu $600,000
Previous Owner Wells Clifford E $65,518
Previous Owner Wells Clifford E $880,000
Previous Owner Wells Clifford E $800,000
Previous Owner Wells Clifford E $100,000
Previous Owner Wells Clifford E $250,000
Previous Owner Wells Clifford E $390,000
Previous Owner Wells Clifford E $100,000
Previous Owner Wells Nancy A $390,000
Previous Owner Wells Clifford E $390,000
Previous Owner Wells Clifford E $389,000
Previous Owner Wells Clifford E $389,000
Previous Owner Wells Clifford E $380,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2022 05/05/22 Sold $4,000,000 +34.0% $1,389 / Sq Ft
04/06/2022 04/06/22 Pending -- -- --
04/06/2022 04/06/22 For Sale $2,985,000 +142.2% $1,037 / Sq Ft
04/24/2012 04/24/12 Sold $1,232,500 +12.0% $428 / Sq Ft
03/23/2012 03/23/12 Pending -- -- --
03/13/2012 03/13/12 For Sale $1,100,000 -- $382 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $41,447 $3,500,000 $2,158,900 $1,341,100
2024 $41,447 $3,255,080 $2,000,000 $1,255,080
2023 $37,115 $2,900,000 $1,900,000 $1,000,000
2022 $19,258 $1,458,789 $887,703 $571,086
2021 $18,858 $1,430,187 $870,298 $559,889
2020 $18,578 $1,415,524 $861,375 $554,149
2019 $18,223 $1,387,770 $844,486 $543,284
2018 $17,850 $1,360,560 $827,928 $532,632
2017 $17,583 $1,333,884 $811,695 $522,189
2016 $16,707 $1,307,730 $795,780 $511,950
2015 $16,401 $1,288,088 $783,827 $504,261
2014 $16,001 $1,262,857 $768,473 $494,384
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81884632

MLSListings

APN: 567-64-036