NOT LISTED FOR SALE

12540 Paseo Cerro Saratoga, CA 95070

Quito Village Neighborhood

Estimated Value: $3,337,439 - $3,769,000

4 Beds
2.5 Baths
2,324 Sq Ft
$1,538/Sq Ft Est. Value

Last Sold July 02, 2020

Last sale price $2,500,000 $1,076 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $21,602/month

4 Days on Market

Highlights

  • Primary Bedroom Suite
  • Skyline View
  • Vaulted Ceiling
  • Gussie M. Baker Elementary School Rated A
  • Family Room with Fireplace
  • Soaking Tub in Primary Bathroom

About This Home

As of July 2020

Welcome Home to the Beautiful 12540 Paseo Cerro in the Heart of Saratoga! Single Level Home- Completely Rebuilt in 2002. Move In Ready w/ Gleaming Hardwood Floors, Recessed Lighting, Milgard Dual Pane Windows, & Dual Zone Heating & Cooling! Open Concept Great Room w/ Raised Ceiling Ideally Situated Off of Back Garden! Large Master Suite w/ Formal Entry Alcove, Double Closet (Including a Walk-In). Master Bath Flooded w/ Natural Light from Skylight & Two Other Obscure Glass Exterior Light Sources! Light Well / Enclosed Patio between Entry, Master, & Living Room. Kitchen Boasts Walk-In Pantry, Central Island w/ Sink, Breakfast Bar, & Pendant Lighting, Gas Range, Bosch Dishwasher, Granite Countertops, Glass Subway Tile Full Backsplash, Under Cabinet Lights, & Built-In Desk! Huge Auxiliary Bedrooms w/ Closets 3 Doors Wide! Special Set-Back Variance on Detached Garage Large Enough to house 4 Cars! Baker Elementary*Moreland Midd*Prospect High! Close to Shopping, Restaurants, & Commute Routes!

Last Agent to Sell the Property

Andy Tse

Intero Real Estate Services License #01345580 Listed on: 06/05/2020

Intero Real Estate Services

Co-Listed By

Yuriko Tse Shotter

Intero Real Estate Services License #01433750

Last Buyer's Agent

Dafna Mizrahi

Coldwell Banker Realty License #00605924

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $33,577

Year Built

  • 2002

Lot Details

  • 10,001 Sq Ft Lot
  • Gated Home
  • Wood Fence
  • Level Lot
  • Sprinklers on Timer
  • Drought Tolerant Landscaping
  • Grass Covered Lot

Parking

  • 3 Car Detached Garage
  • Workshop in Garage
  • Tandem Parking

Property Views

  • Skyline
  • Neighborhood

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,324 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Skylights
  • Gas Log Fireplace
  • Double Pane Windows
  • Formal Entry
  • Family Room with Fireplace
  • 2 Fireplaces
  • Great Room
  • Living Room with Fireplace
  • Family or Dining Combination
  • Alarm System

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Breakfast Bar
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Slate Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • Bathroom on Main Level
  • Marble Bathroom Countertops
  • Dual Sinks
  • Soaking Tub in Primary Bathroom
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Shed

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Vented Exhaust Fan
  • Thermostat
  • Separate Meters
  • Individual Gas Meter

Home Details

Home Type

Single Family

Est. Annual Taxes

$33,577

Year Built

2002

Lot Details

0

Parking

3

Listing Details

  • Zoning: R110
  • Subclass: Single Family Home
  • Style: Traditional
  • Listing Class: Residential
  • Structure Sq Ft: 2324
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2002

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Family Room, Gas Burning, Gas Log, Gas Starter, Living Room
  • Dining Room: Breakfast Bar, Breakfast Nook, Dining Area In Family Room
  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Exhaust Fan, Garbage Disposal, Island With Sink, Microwave, Pantry, Refrigerator, Wine Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 2324
  • Stories: 1
  • Security: Security Alarm
  • Bedrooms: Ground Floor Bedroom, Primary Bedroom On Ground Floor, Primary Suite / Retreat, More Than One Bedroom On Ground Floor, Walk-In Closet
  • Laundry: Inside, Washer / Dryer
  • Flooring: Carpet, Hardwood, Slate, Tile
  • Additional Rooms: Formal Entry, Great Room, Laundry Room
  • Fireplaces Min: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Full On Ground Floor, Half On Ground Floor, Marble, Primary - Stall Shower(s), Primary - Sunken Tub, Skylight, Tile, Updated Bath

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition
  • View: Neighborhood
  • Yard/Grounds: Drought Tolerant Plants, Fenced, Low Maintenance, Sprinklers - Auto, Storage Shed / Structure
  • Fencing: Gate, Wood
  • Construction Type: Stucco

Garage/Parking

  • Garage Spaces: 3
  • Garage Parking Features: Detached Garage, Tandem Parking, Workshop In Garage

Utilities

  • Cooling System: Central Ac, Multi-Zone
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Vaulted Ceiling, Walk-In Closet

Schools

  • High School: 241

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.2296
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 10000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 10000.00

Green Features

  • Energy Features: Double Pane Windows, Skylight, Thermostat Controller

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2020
Closed on
Jun 29, 2020
Sold by
Murphy Sean J and Murphy Karen A
Bought by
Venkatapuram Prahlad and Venkatapuram Rajyalakshmi
Seller's Agent
Andy Tse
Intero Real Estate Services
Buyer's Agent
Dafna Mizrahi
Coldwell Banker Realty
List Price
$2,298,000
Sold Price
$2,500,000
Premium/Discount to List
$202,000
8.79%
Current Estimated Value
$3,574,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,074,860
Avg. Annual Appreciation
6.95%
Original Mortgage
$1,750,000
Outstanding Balance
$1,522,049
Interest Rate
2.12%
Mortgage Type
New Conventional
Estimated Equity
$2,052,811

Purchase Details

Closed on
Nov 20, 2002
Sold by
Murphy Sean J and Murphy Karen A
Bought by
Murphy Sean J and Murphy Karen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 11, 2000
Sold by
Murphy Sean J and Murphy Karen H
Bought by
Murphy Sean J and Murphy Karen A
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
Venkatapuram Prahlad $2,500,000 Old Republic Title Company
Murphy Sean J -- Old Republic Title Company
Murphy Sean J -- --
Murphy Sean J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Venkatapuram Prahlad $1,750,000
Previous Owner Murphy Sean J $525,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/02/2020 07/02/20 Sold $2,500,000 +8.8% $1,076 / Sq Ft
06/10/2020 06/10/20 Pending -- -- --
06/05/2020 06/05/20 For Sale $2,298,000 -- $989 / 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 $33,577 $2,706,080 $2,164,864 $541,216
2024 $33,577 $2,653,020 $2,122,416 $530,604
2023 $33,265 $2,601,000 $2,080,800 $520,200
2022 $32,732 $2,550,000 $2,040,000 $510,000
2021 $32,287 $2,500,000 $2,000,000 $500,000
2020 $8,743 $629,206 $132,593 $496,613
2019 $8,401 $616,870 $129,994 $486,876
2018 $8,227 $604,776 $127,446 $477,330
2017 $8,105 $592,919 $124,948 $467,971
2016 $7,633 $581,295 $122,499 $458,796
2015 $7,541 $572,564 $120,659 $451,905
2014 $7,349 $561,349 $118,296 $443,053
Source: Public Records

Agents Affiliated with this Home

  • Andy Tse

    Seller's Agent in 2020

    Andy Tse

    Intero Real Estate Services

    (408) 807-8808

    16 in this area

    813 Total Sales

    Andy Tse
    Section Image
  • Yuriko Tse Shotter

    Seller Co-Listing Agent in 2020

    Yuriko Tse Shotter

    Intero Real Estate Services

    (408) 813-2358

    73 Total Sales

    Yuriko Tse Shotter
    Section Image

  • D

    Buyer's Agent in 2020

    Dafna Mizrahi

    Coldwell Banker Realty

    Section Image
  • Tina Kyriakis

    Buyer Co-Listing Agent in 2020

    Tina Kyriakis

    Coldwell Banker Realty

    (650) 207-3906

    51 Total Sales

    Tina Kyriakis
    Section Image

  • E

    Buyer Co-Listing Agent in 2020

    Edward Yuan

    A & A Properties

See All Agents

Map

Source: MLSListings

MLS Number: ML81795355

MLSListings

APN: 386-46-009

California Santa Clara County Saratoga 95070 Quito Village

12540 Paseo Cerro, Saratoga, CA

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