NOT LISTED FOR SALE

12561 Paseo Cerro Saratoga, CA 95070

Quito Village Neighborhood

Estimated Value: $4,213,000 - $4,740,519

5 Beds
4 Baths
3,276 Sq Ft
$1,386/Sq Ft Est. Value

Last Sold June 27, 2018

Last sale price $3,375,000 $1,030 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $27,805/month

14 Days on Market

Highlights

  • Wood Flooring
  • High Ceiling
  • Formal Dining Room
  • Gussie M. Baker Elementary School Rated A
  • Breakfast Area or Nook
  • 2 Car Attached Garage

About This Home

As of June 2018

This stunning brand new 5bed,4bath home on a large lot presents an absolute luxury with mix of modern and contemporary finishes in a highly sought after El Quito village. No expense is spared, from open-concept chefs kitchen with European cabinets, oversized island, top of the line Thermador appliances to custom European bathroom cabinets & Spanish tiles, freestanding tub, overhead rain shower, modern light switches, and Anderson wood framed windows. Inviting living room, spacious & bright family room, exquisite dining room, attached suite with its own personal kitchenette, bathroom & separate entrance, 10 ceiling. Additional amenities include latest Nest thermostat, personalized wet bar, high end linear gas fireplace, Aluminum Garage Door, and so much more. The backyard is perfect for entertaining with a huge paver patio and beautiful landscaping. Situated on a nice quiet street within a walking distance to shops, parks, and restaurants and surrounded by newly built houses.

Last Agent to Sell the Property

Shawn Ghandchi

KW Silicon City License #01979089 Listed on: 05/08/2018

KW Silicon City

Last Buyer's Agent

Deepak H Chandani

Anthem Realty License #01240105

Anthem Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $47,119

Year Built

  • Built in 2018

Lot Details

  • 10,402 Sq Ft Lot
  • Zoning described as R110

Parking

  • 2 Car Attached Garage

Home Design

  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,276 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • High Ceiling
  • Separate Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Wood Flooring
  • Breakfast Area or Nook

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 386-11-034

Home Details

Home Type

Single Family

Est. Annual Taxes

$47,119

Year Built

Built in 2018

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 3276
  • Construction: Completed
  • Year Built: 2018
  • Zoning Description: R110
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room
  • Dining Room: Breakfast Nook, Formal Dining Room
  • Living Sq Ft: 3276
  • Stories: 1
  • Flooring: Hardwood
  • Fireplaces Min: 1
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Shingle

Garage/Parking

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

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Walk-in Closet, Wet Bar

Schools

  • High School: 241

Lot Info

  • Parcel Number: 386-11-034
  • Lot Acres: 0.2388
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 10400.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 10400.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Campbell Union High
  • Elementary School Text: Gussie M. Baker Elementary
  • High School Text: Prospect High
  • Middle School Text: Moreland Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2018
Closed on
May 20, 2018
Sold by
12561 Paseo Cerro Group
Bought by
Kyasanur Pradeep Narayanaswamy and Raghavendra Deepanjali Hosamane
Seller's Agent
Shawn Ghandchi
KW Silicon City
Buyer's Agent
Deepak H Chandani
Anthem Realty
List Price
$3,188,000
Sold Price
$3,375,000
Premium/Discount to List
$187,000
5.87%
Current Estimated Value
$4,539,380

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,164,380
Avg. Annual Appreciation
4.12%
Original Mortgage
$2,362,500
Outstanding Balance
$2,002,724
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,536,656

Purchase Details

Listed on
May 8, 2018
Closed on
May 1, 2018
Sold by
Zandieh Sanaz
Bought by
Ghanchi Ali Saraydar
Seller's Agent
Shawn Ghandchi
KW Silicon City
Buyer's Agent
Deepak H Chandani
Anthem Realty
List Price
$3,188,000
Sold Price
$3,375,000
Premium/Discount to List
$187,000
5.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,362,500
Outstanding Balance
$2,002,724
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,536,656

Purchase Details

Closed on
Oct 31, 2017
Sold by
Ghandchi Amir Hossein and Ghandchi Ali Saraydar
Bought by
Grp 12561 Paseo Cerro

Purchase Details

Listed on
Feb 29, 2016
Closed on
Feb 19, 2016
Sold by
Osborne Jan
Bought by
Ghandchi Amir Hossein Sardar and Ghandchi Ali Saraydar
Seller's Agent
Barbara Lymberis
Perfect Harmony Properties
Buyer's Agent
RECIP
Out of Area Office
List Price
$1,300,000
Sold Price
$1,300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.82%

Purchase Details

Closed on
Oct 18, 2006
Sold by
Osborne Christopher
Bought by
Osborne Jan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$864,000
Interest Rate
6.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 24, 2005
Sold by
Osborne Christopher
Bought by
Osborne Jan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$807,500
Interest Rate
6.75%
Mortgage Type
Balloon

Purchase Details

Closed on
Oct 4, 2005
Sold by
Angel Gary and Angel Mary Ann
Bought by
Osborne Jan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$807,500
Interest Rate
6.75%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 1, 1997
Sold by
Suth Annette M
Bought by
Angel Gary and Angel Mary Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
5.62%

Purchase Details

Closed on
Oct 27, 1994
Sold by
Suth Annette M
Bought by
Suth Annette M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
8.7%
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
Kyasanur Pradeep Narayanaswamy $3,375,000 First American Title
Ghanchi Ali Saraydar -- First American Title
Ghanchi Ali Saraydar -- First American Title
Grp 12561 Paseo Cerro -- None Available
Ghandchi Amir Hossein Sardar $1,300,000 First American Title Company
Osborne Jan -- Financial Title Company
Osborne Jan -- Chicago Title
Osborne Jan $950,000 Chicago Title
Angel Gary $460,000 Commonwealth Land Title Co
Suth Annette M -- All Cal Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kyasanur Pradeep Narayanaswamy $2,362,500
Previous Owner Osborne Jan $864,000
Previous Owner Osborne Jan $807,500
Previous Owner Angel Gary $368,000
Previous Owner Suth Annette M $236,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/27/2018 06/27/18 Sold $3,375,000 +5.9% $1,030 / Sq Ft
05/23/2018 05/23/18 Pending -- -- --
05/08/2018 05/08/18 For Sale $3,188,000 +145.2% $973 / Sq Ft
02/29/2016 02/29/16 Sold $1,300,000 0.0% $767 / Sq Ft View Prior Sale
02/29/2016 02/29/16 Pending -- -- --
02/29/2016 02/29/16 For Sale $1,300,000 -- $767 / 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 $47,119 $3,840,168 $2,730,787 $1,109,381
2024 $47,119 $3,764,872 $2,677,243 $1,087,629
2023 $46,676 $3,691,052 $2,624,749 $1,066,303
2022 $45,918 $3,618,680 $2,573,284 $1,045,396
2021 $42,117 $3,293,000 $2,341,600 $951,400
2020 $39,549 $3,100,000 $2,100,000 $1,000,000
2019 $39,943 $3,442,500 $2,448,000 $994,500
2018 $18,533 $1,440,877 $1,014,390 $426,487
2017 $16,696 $1,326,000 $994,500 $331,500
2016 $13,779 $1,096,679 $822,512 $274,167
2015 $13,646 $1,080,207 $810,158 $270,049
2014 $13,319 $1,059,049 $794,289 $264,760
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2018

    Shawn Ghandchi

    KW Silicon City

    Section Image

  • D

    Buyer's Agent in 2018

    Deepak H Chandani

    Anthem Realty

    Section Image

  • B

    Seller's Agent in 2016

    Barbara Lymberis

    Perfect Harmony Properties

    Section Image

  • R

    Buyer's Agent in 2016

    RECIP

    Out of Area Office

See All Agents

Map

Source: MLSListings

MLS Number: ML81704417

MLSListings

APN: 386-11-034

California Santa Clara County Saratoga 95070 Quito Village

12561 Paseo Cerro, Saratoga, CA

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