NOT LISTED FOR SALE

12480 Lolly Ct Saratoga, CA 95070

West San Jose Neighborhood

Estimated Value: $3,241,000 - $3,446,308

4 Beds
2 Baths
2,000 Sq Ft
$1,679/Sq Ft Est. Value

Last Sold March 29, 2017

Last sale price $1,900,000 $950 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $20,001/month

1 Day on Market

Highlights

  • Wood Flooring
  • Granite Countertops
  • Forced Air Heating System
  • Country Lane Elementary School Rated A
  • 2 Car Attached Garage
  • Separate Family Room

About This Home

As of March 2017

Great home with charming curb appeal in sought-after Saratoga Woods! this bright and comfortable ranch home has an ideal floor-plan for family and entertaining. The updated single-level design features gleaming hardwood floors, vaulted ceilings in the family room. Spacious home on a large 11K end of Cul-de-sac lot with huge rear yard. 4 bedrooms, 2 baths, eat-in kitchen, living room features cozy fireplace and over-sized windows. Ready to move in today with potential to add-on later. The picture-perfect backyard has an expansive patio, verdant lawn with ample room for your veggie garden and a large pool or join Saratoga Woods Neighborhood Swim Club, for kids and kids at heart. Home of the Dolphins swim team for kids, adult morning swim, Happy Hour and sports viewing events by the pool including a July 4th BBQs and bike parade. The appeal of this amazing property is its excellent access to the best of Silicon Valley, Shopping, Tech Firms, Great restaurants and excellent schools.

Last Agent to Sell the Property

Art Sharif

Sotheby's Intl Rlty License #01481940 Listed on: 02/16/2017

Sotheby's Intl Rlty

Last Buyer's Agent

John Faylor

Sereno Group License #01065896

Sereno Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,042

Year Built

  • Built in 1953

Lot Details

  • 0.26 Acre Lot
  • Zoning described as R110

Parking

  • 2 Car Attached Garage

Home Design

  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 2,000 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Separate Family Room

Kitchen

  • Gas Cooktop
  • Granite Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 386-18-030

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,042

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 2000
  • Year Built: 1953
  • Zoning Description: R110
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Burning
  • Dining Room: Dining "L"
  • Kitchen: Cooktop - Gas, Countertop - Granite
  • Living Sq Ft: 2000
  • Stories: 1
  • Flooring: Carpet, Hardwood
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: Yes

Exterior Features

  • Foundation: Raised
  • Roof: Composition

Garage/Parking

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

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Drainage - Public Storage

Schools

  • High School: 241

Lot Info

  • Parcel Number: 386-18-030
  • Lot Acres: 0.2620
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 11400.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 11400.00

Multi Family

  • Utilities: Natural Gas, Public Utilities

MLS Schools

  • High School District Text: Campbell Union High
  • High School Text: Prospect High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2017
Closed on
Mar 20, 2017
Sold by
Moorhead Dera and Moorhead Rainee
Bought by
Chittar Naren and Chittar Vasudha
Seller's Agent
Art Sharif
Sotheby's Intl Rlty
Buyer's Agent
John Faylor
Sereno Group
List Price
$1,700,000
Sold Price
$1,900,000
Premium/Discount to List
$200,000
11.76%
Current Estimated Value
$3,358,077

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,458,077
Avg. Annual Appreciation
6.82%
Original Mortgage
$1,425,000
Outstanding Balance
$1,279,431
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,078,646

Purchase Details

Closed on
May 24, 2004
Sold by
Moorhead Jean M
Bought by
Oldofredi Dera M and Moorhead Rainee

Purchase Details

Closed on
Jan 15, 2004
Sold by
Moorhead Jean M
Bought by
Moorhead Jean M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 7, 2004
Sold by
Moorhead Jean M
Bought by
Moorhead Jean M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 2, 2001
Sold by
Moorhead Jean M
Bought by
Moorhead Jean M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.89%
Mortgage Type
Credit Line Revolving
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
Chittar Naren $1,900,000 Old Republic Title Company
Oldofredi Dera M -- --
Moorhead Jean M -- --
Moorhead Jean M -- Fidelity National Title Ins
Moorhead Jean M -- Stewart Title
Moorhead Jean M -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chittar Naren $1,425,000
Previous Owner Moorhead Jean M $200,000
Previous Owner Moorhead Jean M $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2017 03/29/17 Sold $1,900,000 +11.8% $950 / Sq Ft
02/18/2017 02/18/17 Pending -- -- --
02/16/2017 02/16/17 For Sale $1,700,000 -- $850 / 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 $28,042 $2,241,520 $1,764,087 $477,433
2024 $28,042 $2,197,570 $1,729,498 $468,072
2023 $27,793 $2,154,482 $1,695,587 $458,895
2022 $26,870 $2,077,925 $1,662,341 $415,584
2021 $26,499 $2,037,183 $1,629,747 $407,436
2020 $26,124 $2,016,295 $1,613,036 $403,259
2019 $25,092 $1,976,760 $1,581,408 $395,352
2018 $24,610 $1,938,000 $1,550,400 $387,600
2017 $2,246 $110,236 $35,808 $74,428
2016 $2,072 $108,075 $35,106 $72,969
2015 $2,020 $106,452 $34,579 $71,873
2014 $1,951 $104,368 $33,902 $70,466
Source: Public Records

Agents Affiliated with this Home

  • Art Sharif

    Seller's Agent in 2017

    Art Sharif

    Sotheby's Intl Rlty

    (650) 804-4770

    76 Total Sales

    Art Sharif
    Section Image

  • J

    Buyer's Agent in 2017

    John Faylor

    Sereno Group

    Section Image
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Map

Source: MLSListings

MLS Number: ML81639132

MLSListings

APN: 386-18-030

California Santa Clara County Saratoga 95070 West San Jose

12480 Lolly Ct, Saratoga, CA

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