NOT LISTED FOR SALE

12540 Center Ave San Martin, CA 95046

Estimated Value: $1,520,000 - $1,964,000

4 Beds
2 Baths
1,522 Sq Ft
$1,084/Sq Ft Est. Value

Last Sold January 10, 2020

Last sale price $1,250,000 $821 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $9,958/month

103 Days on Market

Highlights

  • Barn
  • Horse Property
  • 2.43 Acre Lot
  • Stables
  • Private Pool
  • View of Hills

About This Home

As of January 2020

Beautiful San Martin Ranchette situated on approximately 2.4 acres with views of the hills! This one has it all! Dont miss the newly added pool "Oasis" with over 150k invested to create a virtual paradise! Perfect for the horse enthusiast with barn, hay storage, paddocks, round pen, stalls and trailer storage. Also included is an updated mobile home which is perfect for in-laws or additional income! Remodeled kitchen with granite countertops, stainless steel appliances, custom cabinetry with pull outs, center island with breakfast seating, Family room with fireplace and adjoining dining room, hardwood floors, fresh interior paint, new light fixtures, new interior doors and hardware, new carpet, Central heating and AC, dual pane windows, Inside laundry with storage space! 2nd structure (Mobile home) offers 2 additional bedrooms, 1 bath, kitchen, fresh interior and exterior paint, new light fixtures and new carpet.

Last Agent to Sell the Property

Dominic Nicoli

Intero Real Estate Services License #01112681 Listed on: 08/22/2019

Intero Real Estate Services

Last Buyer's Agent

Ray Martinez

Skyrise Real Estate Group License #01338047

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,356

Year Built

  • 1973

Lot Details

  • 2.43 Acre Lot
  • Security Fence
  • Fenced For Horses
  • Back Yard

Parking

  • 2 Car Attached Garage

Home Design

  • Metal Roof

Interior Spaces

  • 1,522 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Family Room with Fireplace
  • Family or Dining Combination
  • Views of Hills
  • Crawl Space
  • Laundry in Utility Room

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Gas Cooktop
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Walk-in Shower

Outdoor Features

  • Private Pool
  • Horse Property

Horse Facilities and Amenities

  • Paddocks
  • Trailer Storage
  • Hay Storage
  • Round Pen
  • Stables

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Propane
  • Well
  • Septic Tank

Additional Features

  • Dwelling with Separate Living Area
  • Barn

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,356

Year Built

1973

Lot Details

0

Parking

2

Listing Details

  • Zoning: RR-5A
  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 1522
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1973

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Family Room
  • Dining Room: Breakfast Bar, Dining Area In Family Room
  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Exhaust Fan, Garbage Disposal
  • Fireplace: Yes
  • Living Sq Ft: 1522
  • Stories: 1
  • Security: Security Fence
  • Laundry: In Utility Room
  • Flooring: Carpet, Hardwood, Vinyl / Linoleum
  • Additional Rooms: Separate Living Unit
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Bathroom: Stall Shower

Exterior Features

  • Foundation: Crawl Space
  • Pool Description: Yes
  • Roof: Metal
  • View: Hills
  • Yard/Grounds: Back Yard, Fenced
  • Horse Property: Yes
  • Horse Property Description: Barn, Fenced, Hay Storage, Paddocks, Round Pen, Stalls, Trailer Storage
  • Pool: Pool - Fenced, Pool - In Ground, Spa - In Ground

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage, Drive Through, Parking Area, Room For Oversized Vehicle

Utilities

  • Cooling System: Ceiling Fan, Central Ac
  • Heating System: Central Forced Air
  • Sewer/Septic System: Septic Tank / Pump

Schools

  • High School: 308

Lot Info

  • Lot Acres: 2.4337
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 106013.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 106013.00

Multi Family

  • Utilities: Propane On Site

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2019
Closed on
Jan 6, 2020
Sold by
Lohbeck Sharon K
Bought by
Ramirez Efrain Montes and Montes Claudia
Seller's Agent
Dominic Nicoli
Intero Real Estate Services
Buyer's Agent
Ray Martinez
Skyrise Real Estate Group
List Price
$1,299,000
Sold Price
$1,250,000
Premium/Discount to List
-$49,000
-3.77%
Current Estimated Value
$1,649,802

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$399,802
Avg. Annual Appreciation
4.87%
Original Mortgage
$928,000
Outstanding Balance
$819,925
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$829,877

Purchase Details

Listed on
Jul 21, 2017
Closed on
Aug 29, 2017
Sold by
Caputo Ferrari Ottoboni and Llo Wunderling
Bought by
Lohbeck Mark
Seller's Agent
Kimberly Reynolds
Alain Pinel Realtors
Buyer's Agent
RECIP
Out of Area Office
List Price
$1,025,000
Sold Price
$1,080,000
Premium/Discount to List
$55,000
5.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.39%
Original Mortgage
$810,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 1, 2017
Sold by
Regent John M and Regent Bertha A
Bought by
Ferrari Ottoboni Caputo & Wunderling Llp

Purchase Details

Closed on
Sep 25, 1997
Sold by
Regent John M and Regent Bertha A
Bought by
Regent John M and Regent Bertha A

Purchase Details

Closed on
Jun 6, 1997
Sold by
Regent John M and Regent Bertha A
Bought by
Regent John M and Regent Bertha A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
7.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 7, 1996
Sold by
Benson Robert C and Benson Beverly A
Bought by
Regent John M and Regent Bertha A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,000
Interest Rate
7.82%
Mortgage Type
Purchase Money Mortgage
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
Ramirez Efrain Montes $1,250,000 Orange Coast Ttl Co Of Nocal
Lohbeck Mark $1,080,000 Old Republic Title Company
Lohbeck Mark -- Old Republic Title Company
Ferrari Ottoboni Caputo & Wunderling Llp $745,000 None Available
Regent John M -- --
Regent John M $65,000 Old Republic Title Company
Regent John M $357,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramirez Efrain Montes $928,000
Previous Owner Lohbeck Mark $810,000
Previous Owner Regent John M $255,000
Previous Owner Regent John M $257,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/10/2020 01/10/20 Sold $1,250,000 -3.8% $821 / Sq Ft
12/04/2019 12/04/19 Pending -- -- --
11/08/2019 11/08/19 For Sale $1,299,000 0.0% $853 / Sq Ft
10/21/2019 10/21/19 Pending -- -- --
10/07/2019 10/07/19 For Sale $1,299,000 0.0% $853 / Sq Ft
09/20/2019 09/20/19 Pending -- -- --
09/03/2019 09/03/19 For Sale $1,299,000 0.0% $853 / Sq Ft
08/30/2019 08/30/19 For Sale $1,299,000 0.0% $853 / Sq Ft
08/28/2019 08/28/19 Pending -- -- --
08/26/2019 08/26/19 Pending -- -- --
08/22/2019 08/22/19 For Sale $1,299,000 +20.3% $853 / Sq Ft
08/31/2017 08/31/17 Sold $1,080,000 +5.4% $710 / Sq Ft View Prior Sale
08/05/2017 08/05/17 Pending -- -- --
07/21/2017 07/21/17 For Sale $1,025,000 -- $673 / 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 $15,356 $1,367,053 $754,613 $612,440
2024 $15,356 $1,340,249 $739,817 $600,432
2023 $15,154 $1,313,970 $725,311 $588,659
2022 $15,489 $1,288,207 $711,090 $577,117
2021 $14,437 $1,262,949 $697,148 $565,801
2020 $13,433 $1,123,632 $624,240 $499,392
2019 $13,031 $1,101,600 $612,000 $489,600
2018 $13,071 $1,080,000 $600,000 $480,000
2017 $6,991 $568,645 $214,702 $353,943
2016 $6,546 $557,496 $210,493 $347,003
2015 $6,474 $549,123 $207,332 $341,791
2014 $6,560 $538,367 $203,271 $335,096
Source: Public Records

Agents Affiliated with this Home

  • Dominic Nicoli

    Seller's Agent in 2020

    Dominic Nicoli

    Intero Real Estate Services

    (408) 892-3122

    148 Total Sales

    Dominic Nicoli
    Section Image
  • Ray Martinez

    Buyer's Agent in 2020

    Ray Martinez

    Skyrise Real Estate Group

    (408) 621-2060

    28 Total Sales

    Ray Martinez
    Section Image

  • K

    Seller's Agent in 2017

    Kimberly Reynolds

    Alain Pinel Realtors

  • R

    Buyer's Agent in 2017

    RECIP

    Out of Area Office

See All Agents

Map

Source: MLSListings

MLS Number: ML81765611

MLSListings

APN: 825-25-101

California Santa Clara County San Martin 95046

12540 Center Ave, San Martin, CA

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