NOT LISTED FOR SALE

Estimated Value: $4,844,000 - $5,037,696

5 Beds
3.5 Baths
3,294 Sq Ft
$1,498/Sq Ft Est. Value

Last Sold July 19, 2024

Last sale price $5,000,000 $1,518 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $28,034/month

4 Days on Market

Highlights

  • 0.33 Acre Lot
  • Wood Flooring
  • Marble Countertops
  • Blue Hills Elementary School Rated A-
  • Main Floor Bedroom
  • Formal Dining Room

About This Home

As of July 2024

Welcome to 12368 Saraglen, a recently updated modern home. The inviting front yard boasts a wide porch and professional landscaping with drought-tolerant plants and trees, creating excellent curb appeal. As you enter, the home opens up to a spacious floor plan with a formal living area adorned by a linear fireplace, setting the modern tone of the house. The great room is the heart of the home, featuring soaring ceilings, skylights, and views of the park-like backyard. The kitchen includes a waterfall island perfect for dining, seamlessly flowing into the family living area to create a cozy, bright space. This functional layout includes a ground-floor suite and all main bedrooms upstairs. The backyard offers ample space for entertainment, featuring turf, blossoming plants, fruit trees, a batting cage, a basketball half-court, an impressive treehouse, and an outdoor kitchen. Walking distance to Kevin Moran Park and near commuter routes such as Highway 85, Saratoga Sunnyvale, and Lawrence Expy, this home is just minutes from downtown Saratoga's fine dining and shopping. Award-winning Lynbrook High, recently ranked among the top 100 in the nation and an easy commute to private schools like Harker, Bellarmine and Mitty. Don't miss the opportunity to make this beautiful home yours!

Last Agent to Sell the Property

Andy Tse

Intero Real Estate Services License #01345580 Listed on: 06/14/2024

Intero Real Estate Services

Last Buyer's Agent

Yvonne Dong

Intero Real Estate Services License #02045897

Intero Real Estate Services

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1967

Lot Details

  • 0.33 Acre Lot
  • Level Lot
  • Zoning described as R112

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof

Interior Spaces

  • 3,294 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Formal Entry
  • Separate Family Room
  • Formal Dining Room
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • Marble Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Dual Sinks
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Washer and Dryer

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan
  • 220 Volts
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 386-37-051

Home Details

Home Type

Single Family

Year Built

Built in 1967

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 3294
  • Incorporated: Yes
  • Year Built: 1967
  • Zoning Description: R112
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Burning
  • Dining Room: Formal Dining Room, Eat in Kitchen
  • Kitchen: 220 Volt Outlet, Cooktop - Gas, Countertop - Marble, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Oven - Built-In
  • Living Sq Ft: 3294
  • Stories: 2
  • Bedrooms: Ground Floor Bedroom
  • Laundry: Inside, Washer / Dryer
  • Flooring: Hardwood, Tile
  • Additional Rooms: Formal Entry
  • Fireplaces Min: 1
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Bathroom: Double Sinks, Stall Shower, Shower and Tub
  • Fireplace: Yes

Exterior Features

  • Foundation: Crawl Space
  • Roof: Composition

Garage/Parking

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

Utilities

  • Cooling System: Central AC, Multi-Zone
  • Heating System: Central Forced Air - Gas, Heating - 2+ Zones
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 386-37-051
  • Lot Acres: 0.3283
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 14300.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 14300.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Fremont Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2024
Closed on
Jun 28, 2024
Sold by
Krishnamurthi Mahesh and Srinivasan Kavitha
Bought by
Liu Shihwei and Fang Tze-Shuang
Seller's Agent
Andy Tse
Intero Real Estate Services
Buyer's Agent
Yvonne Dong
Intero Real Estate Services
List Price
$4,793,000
Sold Price
$5,000,000
Premium/Discount to List
$207,000
4.32%
Views
15
Current Estimated Value
$4,934,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$65,576
Avg. Annual Appreciation
-0.86%
Original Mortgage
$2,000,000
Outstanding Balance
$1,972,719
Interest Rate
6.29%
Mortgage Type
New Conventional
Estimated Equity
$2,961,705

Purchase Details

Closed on
Aug 6, 2015
Sold by
Mcmanus Marjorie D
Bought by
Krishnamurthi Mahesh and Srinivasan Kavitha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,600,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 23, 2014
Sold by
Mcmanus Marjorie D
Bought by
Mcmanus Marjorie D and John P & Marjorie D Mcmanus Revocable Tr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$885,798
Interest Rate
4.2%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Liu Shihwei $5,000,000 Orange Coast Title
Krishnamurthi Mahesh $2,000,000 Old Republic Title Company
Mcmanus Marjorie D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liu Shihwei $2,000,000
Previous Owner Krishnamurthi Mahesh $1,600,000
Previous Owner Mcmanus Marjorie D $885,798
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2024 07/19/24 Sold $5,000,000 +4.3% $1,518 / Sq Ft
06/19/2024 06/19/24 Pending -- -- --
06/14/2024 06/14/24 For Sale $4,793,000 -- $1,455 / 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 $28,932 $5,000,000 $4,400,000 $600,000
2024 $28,932 $2,410,529 $2,205,110 $205,419
2023 $28,700 $2,363,265 $2,161,873 $201,392
2022 $28,364 $2,316,928 $2,119,484 $197,444
2021 $28,065 $2,271,499 $2,077,926 $193,573
2020 $27,718 $2,248,209 $2,056,620 $191,589
2019 $27,063 $2,204,128 $2,016,295 $187,833
2018 $26,420 $2,160,910 $1,976,760 $184,150
2017 $26,288 $2,118,540 $1,938,000 $180,540
2016 $24,544 $2,000,000 $1,900,000 $100,000
2015 $2,589 $142,210 $34,579 $107,631
2014 $2,502 $139,425 $33,902 $105,523
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81969771

MLSListings

APN: 386-37-051