NOT LISTED FOR SALE

Estimated Value: $3,849,000 - $4,112,000

3 Beds
2.5 Baths
2,050 Sq Ft
$1,933/Sq Ft Est. Value

Last Sold September 10, 2018

Last sale price $2,300,000 $1,122 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $24,341/month

20 Days on Market

Highlights

  • In Ground Pool
  • Attic
  • Eat-In Kitchen
  • Country Lane Elementary School Rated A
  • 2 Car Attached Garage
  • Laundry Room

About This Home

As of September 2018

WELCOME TO 12446 PALMTAG DRIVE LOCATED IN ONE OF SARATOGA'S MOST SOUGHT AFTER NEIGHBORHOODS WITH AWARD WINNING SCHOOLS! THIS WONDERFUL FAMILY HOME OFFERS AN EXCEPTIONAL LOCATION AND STUNNING FLOORPLAN! WALKING DISTANCE TO SCHOOLS, PARKS AND BROOKSIDE POOL AND TENNIS CLUB! REMODELED KITCHEN AND BATHROOMS! DUAL PANE WINDOWS! SEPARATE FAMILY AND LIVING ROOMS! SPACIOUS KITCHEN! HARDWOOD FLOORS! CENTRAL A/C! CROWN MOULDING! AN ENTERTAINER'S DREAM BACKYARD SITUATED ON A HUGE 10,699 SQ.FT. LOT! WONDERFUL NEIGHBORHOOD LOCATION! AND SO MUCH MORE! LOCATION! LOCATION! LOCATION!

Last Agent to Sell the Property

Steve McCarrick

Coldwell Banker Realty License #01178076 Listed on: 07/25/2018

Coldwell Banker Realty

Last Buyer's Agent

Wenjing Zhang

Realty One Group - World Properties License #01935969

Realty One Group - World Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $41,948

Year Built

  • Built in 1956

Lot Details

  • 10,698 Sq Ft Lot
  • Zoning described as R110

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,050 Sq Ft Home
  • 1-Story Property
  • Formal Entry
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Eat-In Kitchen
  • Laundry Room
  • Attic

Bedrooms and Bathrooms

  • 3 Bedrooms

Additional Features

  • In Ground Pool
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 386-07-046

Home Details

Home Type

Single Family

Est. Annual Taxes

$41,948

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 2050
  • Year Built: 1956
  • Zoning Description: R110
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room
  • Dining Room: Dining Area in Living Room, Eat in Kitchen
  • Living Sq Ft: 2050
  • Stories: 1
  • Additional Rooms: Attic, Formal Entry, Laundry Room
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Pool Description: Pool - In Ground
  • Roof: Composition
  • Pool: Yes

Garage/Parking

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

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer Connected

Schools

  • High School: 241

Lot Info

  • Parcel Number: 386-07-046
  • Lot Acres: 0.2456
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 10699.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 10699.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Campbell Union High
  • Elementary School Text: Country Lane Elementary
  • High School Text: Prospect High
  • Middle School Text: Moreland Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 6, 2022
Sold by
Wang and Meifen
Bought by
Wang And Zhu Revocable Trust
Current Estimated Value
$3,962,903

Purchase Details

Closed on
Jul 29, 2021
Sold by
Ming Yue and Jin Yiqing
Bought by
Wang Chenxi and Zhu Meifen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,560,000
Interest Rate
2.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 25, 2018
Closed on
Aug 31, 2018
Sold by
Phillips John E and Phillips Joan E
Bought by
Yue Ming and Yue Yiqing Jin
Seller's Agent
Steve McCarrick
Coldwell Banker Realty
Buyer's Agent
Wenjing Zhang
Realty One Group - World Properties
List Price
$2,298,000
Sold Price
$2,300,000
Premium/Discount to List
$2,000
0.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.92%
Original Mortgage
$1,610,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 8, 1997
Sold by
Phillips John E and Phillips Joan E
Bought by
Phillips John E and Phillips Joan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
7.54%
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
Wang And Zhu Revocable Trust -- None Listed On Document
Wang Chenxi $3,200,000 Old Republic Title Company
Yue Ming $2,300,000 Chicago Title Co
Phillips John E -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wang Chenxi $2,560,000
Previous Owner Yue Ming $1,610,000
Previous Owner Phillips John E $332,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/10/2018 09/10/18 Sold $2,300,000 +0.1% $1,122 / Sq Ft
08/15/2018 08/15/18 Pending -- -- --
07/25/2018 07/25/18 For Sale $2,298,000 -- $1,121 / 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 $41,948 $3,395,864 $2,759,140 $636,724
2024 $41,948 $3,329,280 $2,705,040 $624,240
2023 $35,869 $2,805,000 $2,279,000 $526,000
2022 $40,881 $3,200,000 $2,600,000 $600,000
2021 $32,074 $2,490,880 $2,164,191 $326,689
2020 $31,622 $2,465,340 $2,142,000 $323,340
2019 $28,934 $2,300,000 $2,100,000 $200,000
2018 $6,875 $507,535 $218,761 $288,774
2017 $6,830 $497,584 $214,472 $283,112
2016 $6,338 $487,828 $210,267 $277,561
2015 $6,254 $480,501 $207,109 $273,392
2014 $6,171 $471,090 $203,053 $268,037
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81716290

MLSListings

APN: 386-07-046