NOT LISTED FOR SALE

12611 Paseo Cerro Saratoga, CA 95070

Quito Village Neighborhood

Estimated Value: $2,771,000 - $3,199,000

3 Beds
2 Baths
1,609 Sq Ft
$1,855/Sq Ft Est. Value

Last Sold July 13, 2021

Last sale price $2,400,000 $1,492 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $18,341/month

8 Days on Market

Highlights

  • Soaking Tub in Primary Bathroom
  • Wood Flooring
  • Window or Skylight in Bathroom
  • Gussie M. Baker Elementary School Rated A
  • Marble Bathroom Countertops
  • Quartz Countertops

About This Home

As of July 2021

On a quiet street in Saratoga, this entirely renovated home offers easy flow between the sophisticated interior & spacious backyard. Step into an elegant living room where sunlight pours in through a picture window, warming the hardwood floors & brightening the freshly painted walls. The adjacent kitchen features ample cabinetry, white subway tiles, & stainless steel appliances. From the kitchen, French doors open to a versatile space that can be used as a dining room, a family room, & more! Through glass doors, step out onto the sprawling patio. The large, private backyard contains lush gardens, a storage shed, & enough space to build a potential ADU! Back inside, you'll find 2 BRs, a full BA, & the primary BR w/ glass sliders opening to the patio & a dazzling ensuite w/ heated towel rack and bidet. Additionally, you'll have 2 driveways, a single-car garage w/epoxied floor, & air conditioning. Shop at Quito Village down the road, & enjoy easy commutes via nearby freeways.

Last Agent to Sell the Property

George Lim

Realty World Bay Area R.E. License #01914926 Listed on: 06/03/2021

Co-Listed By

Darryl Honda

Corcoran Global Living License #01241016

Last Buyer's Agent

Mike Paydar

Access Realty Group License #01468718

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,665

Year Built

  • Built in 1955 | Remodeled

Lot Details

  • 9,583 Sq Ft Lot
  • Fenced
  • Sprinkler System

Home Design

  • Concrete Foundation
  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,609 Sq Ft Home
  • 1-Story Property
  • Gas Log Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • Formal Dining Room
  • Storage Room
  • Attic Fan

Kitchen

  • Free-Standing Electric Range
  • Dishwasher
  • Quartz Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Full Bathrooms
  • Marble Bathroom Countertops
  • Bidet
  • Soaking Tub in Primary Bathroom
  • Multiple Shower Heads
  • Window or Skylight in Bathroom

Laundry

  • Laundry on lower level
  • Stacked Washer and Dryer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 5 Car Attached Garage
  • Garage Door Opener
  • Open Parking

Utilities

  • Central Heating and Cooling System
  • 220 Volts

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 386-11-039

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,665

Year Built

Built in 1955 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subtype Description: Detached
  • Architectural Style: Ranch
  • Property Condition: Updated/Remodeled
  • Other Equipment: Attic Fan(s)
  • Remodeled/Updated: Yes
  • Remodeled Updated Desc: Bath 0-5YR
  • Stories: 1
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Number Of Fireplaces: 1
  • Fireplace Features: Gas Log, Living Room
  • Master Bathroom Features: Bidet, Marble, Multiple Shower Heads, Soaking Tub, Tile, Tub w/Shower Over, Window
  • Master Bedroom Features: Ground Floor, Outside Access
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Dining Room Features: Dining/Family Combo, Formal Room
  • Appliances: Dishwasher, Free Standing Electric Range, Free Standing Refrigerator
  • Bathroom Features: Shower Stall(s), Tile, Window
  • Flooring: Tile, Wood
  • Interior Amenities: Storage Area(s)
  • Kitchen Features: Quartz Counter
  • Laundry Features: Ground Floor, Laundry Closet, Washer/Dryer Stacked Included
  • Main Level: Bedroom(s), Dining Room, Family Room, Full Bath(s), Garage, Kitchen, Living Room, Master Bedroom
  • Price Per Square Foot: 1491.61
  • Room Type: Dining Room, Family Room, Living Room, Master Bathroom, Storage
  • Square Footage: 1609
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Stucco, Wood Siding
  • Fencing: Fenced
  • Foundation: Concrete, Slab
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Access: Independent
  • Parking Features: Attached, Garage Door Opener, Interior Access, Uncovered Parking Space, Uncovered Parking Spaces 2+
  • Parking Fees: No
  • Parking Type: On Site (Single Family Only)
  • Total Parking Spaces: 5

Utilities

  • Cooling: Central
  • Electric: 220 Volts
  • Heating: Central
  • Security Features: Carbon Mon Detector, Smoke Detector
  • Sewer: Public Sewer
  • Utilities: All Public
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Assessor Parcel Number: 386-11-039
  • Irrigation: Irrigation Connected
  • Land Use: Residential
  • Lot Features: Auto Sprinkler F&R
  • Lot Size Acres: 0.2200
  • Lot Size Sq Ft: 9583
  • Lot Size Units: SqFt
  • Price Per Acre: 10909090.91

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2021
Closed on
Jul 6, 2021
Sold by
Raulwing Peter and Raulwing Roni Adina
Bought by
Gottipati Srinivasu and Thotakura Kapila
Seller's Agent
George Lim
Realty World Bay Area R.E.
Buyer's Agent
Mike Paydar
Access Realty Group
List Price
$2,188,000
Sold Price
$2,400,000
Premium/Discount to List
$212,000
9.69%
Current Estimated Value
$2,984,975

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$584,975
Avg. Annual Appreciation
5.22%
Original Mortgage
$1,500,000
Outstanding Balance
$1,361,017
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,623,958

Purchase Details

Closed on
Jul 3, 2017
Sold by
Raulwing Peter and Raulwing Roni Adina
Bought by
Raulwing Peter and Raulwing Roni Adina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 13, 2007
Sold by
Raulwing Peter and Raulwing Sharon Roni
Bought by
Raulwing Peter and Raulwing Sharon Roni A

Purchase Details

Closed on
Oct 5, 2005
Sold by
Grantham Jackson L and Grantham Virginia R
Bought by
Raulwing Peter and Raulwing Sharon Roni

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,250
Interest Rate
5.68%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 26, 1998
Sold by
Grantham Jackson L and Grantham Virginia R
Bought by
Grantham Jackson L and Grantham Virginia R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,200
Interest Rate
6.62%
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
Gottipati Srinivasu $2,400,000 First American Title Company
Raulwing Peter -- Fidelity National Title Co
Raulwing Peter -- None Available
Raulwing Peter -- Financial Title Company
Grantham Jackson L -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gottipati Srinivasu $1,500,000
Previous Owner Raulwing Peter $1,000,000
Previous Owner Raulwing Peter $137,250
Previous Owner Grantham Jackson L $293,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/13/2021 07/13/21 Sold $2,400,000 +9.7% $1,492 / Sq Ft
06/11/2021 06/11/21 Pending -- -- --
06/03/2021 06/03/21 For Sale $2,188,000 -- $1,360 / Sq Ft
Source: San Francisco Association of REALTORS®

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 $31,665 $2,491,416 $2,122,416 $369,000
2024 $31,665 $2,496,960 $2,080,800 $416,160
2023 $31,371 $2,448,000 $2,040,000 $408,000
2022 $30,870 $2,400,000 $2,000,000 $400,000
2021 $15,470 $1,155,187 $866,332 $288,855
2020 $15,240 $1,143,343 $857,449 $285,894
2019 $14,641 $1,120,926 $840,637 $280,289
2018 $14,353 $1,098,948 $824,154 $274,794
2017 $14,159 $1,077,401 $807,995 $269,406
2016 $13,380 $1,056,276 $792,152 $264,124
2015 $13,252 $1,040,411 $780,254 $260,157
2014 $12,250 $963,000 $722,200 $240,800
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2021

    George Lim

    Realty World Bay Area R.E.

    (415) 552-9500

    1 in this area

    21 Total Sales

    George Lim
    Section Image

  • D

    Seller Co-Listing Agent in 2021

    Darryl Honda

    Corcoran Global Living

    Section Image
  • Mike Paydar

    Buyer's Agent in 2021

    Mike Paydar

    Access Realty Group

    (408) 307-2897

    1 in this area

    9 Total Sales

    Mike Paydar
    Section Image
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Map

Source: San Francisco Association of REALTORS®

MLS Number: 421559437

San Francisco Association of REALTORS®

APN: 386-11-039

California Santa Clara County Saratoga 95070 Quito Village

12611 Paseo Cerro, Saratoga, CA

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