NOT LISTED FOR SALE

12631 Paseo Olivos Saratoga, CA 95070

Quito Village Neighborhood

Estimated Value: $3,649,000 - $4,251,891

4 Beds
3.5 Baths
2,736 Sq Ft
$1,460/Sq Ft Est. Value

Last Sold July 05, 2018

Last sale price $2,530,000 $925 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $23,918/month

22 Days on Market

Highlights

  • Two Primary Bedrooms
  • Contemporary Architecture
  • Marble Countertops
  • Gussie M. Baker Elementary School Rated A
  • Marble Flooring
  • Marble Bathroom Countertops

About This Home

As of July 2018

Built in 2017, this exquisite custom-built home is located on a large lot in a quiet, tree-lined neighborhood. Refined accoutrement include gorgeous Quartzite slab countertops, Brazilian teak hardwood floors, 10' ceilings, crown molding, wainscoting, contemporary lighting & mirrors, custom closets & smart home technology. The stunning formal entry leads to a grand living room w/tray ceiling & bright window seat. A well-appointed kitchen features marble countertops, a huge prep island, abundant cabinetry, top of the line stainless steel appliances (refrigerator & wine refrigerator included) & an expansive formal dining room w/direct access to the newly landscaped back yard oasis. Four bedrooms include the master & junior master suites, both w/luxurious baths, large walk-in closets & direct access to the patio. Indoor laundry w/new LG washer & dryer included. Lovely back yard patio plus new sod & bark, fruit trees & casita. Close to Westgate shopping, dining & Hwys 85/280. Must see!

Last Agent to Sell the Property

Mei Ling

Sereno Group License #01425296 Listed on: 05/08/2018

Sereno Group

Last Buyer's Agent

Minhua Jin

Coldwell Banker Realty License #01246488

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,888

Year Built

  • Built in 2017

Lot Details

  • 0.27 Acre Lot
  • Sprinkler System
  • Back Yard Fenced
  • Zoning described as R110

Parking

  • 2 Car Garage
  • Garage Door Opener
  • On-Street Parking

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,736 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Double Pane Windows
  • Mud Room
  • Formal Entry
  • Formal Dining Room
  • Storage Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven
  • Range Hood
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Marble Countertops
  • Disposal

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Double Master Bedroom
  • Walk-In Closet
  • Marble Bathroom Countertops
  • Dual Sinks
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

  • Alarm System
  • Fire Sprinkler System

Outdoor Features

  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Thermostat
  • 220 Volts
  • Tankless Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 386-12-056

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,888

Year Built

Built in 2017

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Contemporary
  • Listing Class: Residential
  • Structure Sq Ft: 2736
  • Year Built: 2017
  • Zoning Description: R110
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Dining Room: Breakfast Bar, Eat in Kitchen, Formal Dining Room
  • Kitchen: 220 Volt Outlet, Countertop - Marble, Dishwasher, Garbage Disposal, Hood Over Range, Island with Sink, Oven Range - Gas, Pantry, Refrigerator, Wine Refrigerator
  • Living Sq Ft: 2736
  • Stories: 1
  • Security: Fire System - Sprinkler, Security Alarm
  • Bedrooms: More than One Primary Bedroom, Walk-in Closet
  • Laundry: Electricity Hookup (220V), Gas Hookup, Inside, Washer / Dryer
  • Flooring: Hardwood, Marble, Tile
  • Additional Rooms: Formal Entry, Laundry Room, Mud Room, Storage
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Marble, Showers over Tubs - 2+, Stall Shower, Tile, Tub with Jets

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Tile
  • Yard/Grounds: Back Yard, Sprinklers - Lawn, Storage Shed / Structure
  • Fencing: Fenced Back
  • Construction Type: Stucco

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Gate / Door Opener, On Street, Room for Oversized Vehicle

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: High Ceiling

Schools

  • High School: 241

Lot Info

  • Parcel Number: 386-12-056
  • Lot Acres: 0.2697
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 11746.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 11746.00

Green Features

  • Energy Features: Double Pane Windows, Tankless Water Heater, Thermostat Controller

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
Jun 28, 2018
Sold by
Chung Seong Min and Park Hyoung Joon
Bought by
Kwan Koo Shawn Myung and Koo Teresa Y
Seller's Agent
Mei Ling
Sereno Group
Buyer's Agent
Minhua Jin
Coldwell Banker Realty
List Price
$2,880,000
Sold Price
$2,530,000
Premium/Discount to List
-$350,000
-12.15%
Current Estimated Value
$3,994,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,464,473
Avg. Annual Appreciation
6.44%
Original Mortgage
$1,100,000
Outstanding Balance
$925,168
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,069,305

Purchase Details

Closed on
Feb 26, 2008
Sold by
Rojas Juan
Bought by
Chung Seong Min and Park Hyoung Joon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$725,000
Interest Rate
5.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 28, 2005
Sold by
Valbuena Martha Rocio Forero
Bought by
Rojas Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,000
Interest Rate
5.58%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 15, 2005
Sold by
Gonzales Peter and Gonzalez Socorro A
Bought by
Rojas Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,000
Interest Rate
5.58%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 21, 1997
Sold by
Peter Gonzalez
Bought by
Gonzalez Peter and Gonzalez Socorro 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
Kwan Koo Shawn Myung $2,530,000 Chicago Title Co
Chung Seong Min -- Stewart Title Of California
Rojas Juan -- Old Republic Title Company
Rojas Juan $985,000 Old Republic Title Company
Gonzalez Peter -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kwan Koo Shawn Myung $1,100,000
Previous Owner Chung Seong Min $725,000
Previous Owner Rojas Juan $197,000
Previous Owner Rojas Juan $788,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/05/2018 07/05/18 Sold $2,530,000 -12.2% $925 / Sq Ft
05/31/2018 05/31/18 Pending -- -- --
05/08/2018 05/08/18 For Sale $2,880,000 -- $1,053 / 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 $34,888 $2,822,257 $1,784,828 $1,037,429
2024 $34,888 $2,766,920 $1,749,832 $1,017,088
2023 $34,562 $2,712,668 $1,715,522 $997,146
2022 $34,005 $2,659,480 $1,681,885 $977,595
2021 $33,542 $2,607,334 $1,648,907 $958,427
2020 $33,073 $2,580,600 $1,632,000 $948,600
2019 $31,762 $2,530,000 $1,600,000 $930,000
2018 $26,366 $2,088,625 $1,096,686 $991,939
2017 $15,122 $1,162,565 $1,075,183 $87,382
2016 $15,987 $1,281,820 $1,054,101 $227,719
2015 $14,128 $1,120,233 $1,038,268 $81,965
2014 $13,790 $1,098,290 $1,017,930 $80,360
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2018

    Mei Ling

    Sereno Group

    Section Image
  • Minhua Jin

    Buyer's Agent in 2018

    Minhua Jin

    Coldwell Banker Realty

    (408) 996-1100

    84 Total Sales

    Minhua Jin
    Section Image
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Map

Source: MLSListings

MLS Number: ML81704425

MLSListings

APN: 386-12-056

California Santa Clara County Saratoga 95070 Quito Village

12631 Paseo Olivos, Saratoga, CA

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