NOT LISTED FOR SALE

1240 Lions Peak Ln San Martin, CA 95046

Estimated Value: $3,198,000 - $4,395,000

4 Beds
4 Baths
5,587 Sq Ft
$644/Sq Ft Est. Value

Last Sold October 05, 2017

Last sale price $2,165,000 $388 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $22,892/month

31 Days on Market

Highlights

  • Lake View
  • No HOA
  • Family Room
  • 179,031 Sq Ft lot
  • Forced Air Heating and Cooling System

About This Home

As of October 2017

CordeValle Vineyard Estates home is situated on approximately 3 acres with vineyards maintained by Clos LaChance, on the lake with views of rolling hills. This home has 4 bedrooms and 3 full bathrooms, two powders rooms , foyer, loft, library, walk in closets, patio over looking the lake, French doors, gourmet kitchen with two islands, granite slab counters, custom cabinetry. Chef's quality appliances include a 48" sub-zero refrigerator with matching cabinetry front, wine captain, Wolf 6 burner gas range with griddle and two ovens, Thermador convection / microwave oven, and two dishwashers. Other features include security system, central vacuum, Cat 5, no HOA.

Last Agent to Sell the Property

Amanda Alford

Che Hill License #01846695 Listed on: 07/21/2017

Co-Listed By

che hill

Che Hill License #01708807

Last Buyer's Agent

Jean Yi

License #01938008

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $41,693

Year Built

  • Built in 2004

Lot Details

  • 4.11 Acre Lot
  • Property is zoned R1

HOA Fees

  • No Home Owners Association

Parking

  • 3 Car Garage

Interior Spaces

  • 5,587 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room with Fireplace
  • Lake Views

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 4 Full Bathrooms

Additional Features

  • Suburban Location
  • Forced Air Heating and Cooling System

Community Details

  • Compass Association

Listing and Financial Details

  • Assessor Parcel Number 77956028

Home Details

Home Type

Single Family

Est. Annual Taxes

$41,693

Year Built

Built in 2004

Lot Details

0

HOA Fees

$600 per month

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: R1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 77956028
  • Year Built: 2004
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5587.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 387.51
  • Room Type: Family Room

Exterior Features

  • View: Lake
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Forced Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Association Fee: 600.00
  • Association Name: compass
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot Over 40000 Sqft
  • Lot Size Sq Ft: 179031.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5124.01

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2017
Closed on
Aug 23, 2017
Sold by
The Bank Of New York Mellon
Bought by
Lee Ilsong and Lee Jane Youngran
Seller's Agent
Amanda Alford
Che Hill
Buyer's Agent
Jean Yi
List Price
$2,244,900
Sold Price
$2,165,000
Premium/Discount to List
-$79,900
-3.56%
Current Estimated Value
$3,595,343

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,430,343
Avg. Annual Appreciation
6.50%
Original Mortgage
$1,165,000
Outstanding Balance
$941,560
Interest Rate
2.85%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,653,783

Purchase Details

Closed on
Dec 4, 2015
Sold by
Diresta Patrick and Diresta Annette
Bought by
The Bank Of New York Mellon

Purchase Details

Closed on
Sep 16, 2015
Sold by
Diresta Annette M
Bought by
Diresta Annette M

Purchase Details

Closed on
Jan 30, 2012
Sold by
Diresta Annette Maria and Diresta Patrick Gene
Bought by
Diresta Annette M

Purchase Details

Closed on
Mar 7, 2005
Sold by
Diresta Patrick and Diresta Annette
Bought by
Diresta Annette Maria and Diresta Patrick Gene

Purchase Details

Closed on
Nov 18, 2004
Sold by
Cordevalle Vineyard Estates Llc
Bought by
Diresta Patrick and Diresta Annette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,820,000
Interest Rate
2%
Mortgage Type
Negative Amortization
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Ilsong $2,165,000 Old Republic Title
The Bank Of New York Mellon $2,295,000 Old Republic
Diresta Annette M -- None Available
Diresta Annette M -- None Available
Diresta Annette Maria -- --
Diresta Patrick $2,800,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Ilsong $1,165,000
Previous Owner Diresta Patrick $1,820,000
Closed Diresta Patrick $420,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/05/2017 10/05/17 Sold $2,165,000 0.0% $388 / Sq Ft View Prior Sale
10/05/2017 10/05/17 Sold $2,165,000 -3.6% $388 / Sq Ft
08/22/2017 08/22/17 For Sale $2,244,900 0.0% $402 / Sq Ft
08/21/2017 08/21/17 Pending -- -- --
08/21/2017 08/21/17 Pending -- -- --
08/18/2017 08/18/17 For Sale $2,244,900 0.0% $402 / Sq Ft
08/18/2017 08/18/17 Price Changed $2,244,900 0.0% $402 / Sq Ft
08/18/2017 08/18/17 Price Changed $2,244,900 0.0% $402 / Sq Ft
08/18/2017 08/18/17 For Sale $2,244,900 -2.4% $402 / Sq Ft
07/31/2017 07/31/17 Pending -- -- --
07/31/2017 07/31/17 Pending -- -- --
07/26/2017 07/26/17 Price Changed $2,299,900 0.0% $412 / Sq Ft
07/26/2017 07/26/17 Price Changed $2,299,900 -4.2% $412 / Sq Ft
07/21/2017 07/21/17 For Sale $2,399,900 -14.3% $430 / Sq Ft
03/30/2017 03/30/17 For Sale $2,799,900 -- $501 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $41,693 $2,463,395 $1,024,044 $1,439,351
2024 $41,693 $2,415,094 $1,003,965 $1,411,129
2023 $40,950 $2,367,740 $984,280 $1,383,460
2022 $38,967 $2,321,315 $964,981 $1,356,334
2021 $38,299 $2,275,800 $946,060 $1,329,740
2020 $36,865 $2,252,466 $936,360 $1,316,106
2019 $37,834 $2,208,300 $918,000 $1,290,300
2018 $35,969 $2,165,000 $900,000 $1,265,000
2017 $49,422 $3,264,000 $1,224,000 $2,040,000
2016 $46,762 $3,200,000 $1,200,000 $2,000,000
2015 $42,256 $2,835,732 $1,130,813 $1,704,919
2014 $42,682 $2,780,184 $1,108,662 $1,671,522
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC17168291

California Regional Multiple Listing Service (CRMLS)

APN: 779-56-028