NOT LISTED FOR SALE

12638 Larchmont Ave Saratoga, CA 95070

West San Jose Neighborhood

Estimated Value: $4,304,000 - $4,524,000

4 Beds
2 Baths
2,625 Sq Ft
$1,672/Sq Ft Est. Value

Last Sold July 26, 2016

Last sale price $2,350,000 $895 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $26,328/month

Highlights

  • Deck
  • Vaulted Ceiling
  • 2 Fireplaces
  • Argonaut Elementary School Rated A
  • Wood Flooring
  • Granite Countertops

About This Home

As of July 2016

For Comp Purposes.Sprawling 2,625 sq ft single level home situated on a 12,000+ sq ft lot with prime Saratoga schools in desirable Pride's Crossing Neighborhood! Excellent floor-plan with open kitchen to family room. Rear slider leads to deck and huge landscaped backyard for ultimate California indoor/outdoor living! Large master suite opens to backyard with walk-in plus 3 additional closets. Spacious living areas, abundance of natural light, vaulted ceilings and hardwood floors. Formal entry, inviting front courtyard, indoor laundry room and 3-car garage complete this perfect Saratoga home!

Last Agent to Sell the Property

Scott Poncetta

KW Bay Area Estates License #01497030 Listed on: 07/26/2016

KW Bay Area Estates

Last Buyer's Agent

Neva Mills

Compass License #00926527

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $38,928

Year Built

  • Built in 1973

Lot Details

  • 0.29 Acre Lot
  • Level Lot
  • Sprinklers on Timer
  • Back Yard Fenced
  • Zoning described as R1125

Parking

  • 3 Car Attached Garage

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,625 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Separate Family Room
  • Formal Dining Room
  • Granite Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Granite Bathroom Countertops

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Individual Gas Meter

Community Details

  • Courtyard

Listing and Financial Details

  • Assessor Parcel Number 386-50-036

Home Details

Home Type

Single Family

Est. Annual Taxes

$38,928

Year Built

Built in 1973

Lot Details

0

Parking

3

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch
  • Listing Class: Residential
  • Structure Sq Ft: 2625
  • Year Built: 1973
  • Zoning Description: R1125
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Wood Burning
  • Dining Room: Formal Dining Room
  • Kitchen: Countertop - Granite
  • Living Sq Ft: 2625
  • Stories: 1
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Hardwood
  • Additional Rooms: Laundry Room
  • Fireplaces Min: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Bathroom: Granite
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Yard/Grounds: Back Yard, Courtyard, Deck, Fenced, Sprinklers - Auto, Sprinklers - Lawn
  • Fencing: Fenced Back

Garage/Parking

  • Garage Spaces: 3
  • Garage Parking Features: Attached Garage

Utilities

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

Association/Amenities

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

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 386-50-036
  • Lot Acres: 0.2900
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 12623.69
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 12623.69

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters

MLS Schools

  • High School District Text: Los Gatos-Saratoga Joint Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2016
Closed on
Jul 18, 2016
Sold by
Cahn Suzanne L
Bought by
Patil Milind S and Patil Anagha G
Seller's Agent
Scott Poncetta
KW Bay Area Estates
Buyer's Agent
Neva Mills
Compass
List Price
$2,300,000
Sold Price
$2,350,000
Premium/Discount to List
$50,000
2.17%
Current Estimated Value
$4,388,494

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,038,494
Avg. Annual Appreciation
6.98%
Original Mortgage
$1,880,000
Outstanding Balance
$1,478,152
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,910,342

Purchase Details

Closed on
Nov 20, 2002
Sold by
Cahn Suzanne L and Backhouse Christine M
Bought by
Cahn Suzanne L

Purchase Details

Closed on
Apr 14, 1998
Sold by
Cahn Suzanne L
Bought by
Cahn Suzanne L and Backhouse Christine M
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
Patil Milind S $2,350,000 Cornerstone Title Company
Cahn Suzanne L -- --
Cahn Suzanne L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patil Milind S $1,880,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2016 07/26/16 Sold $2,350,000 +2.2% $895 / Sq Ft
07/26/2016 07/26/16 For Sale $2,300,000 -- $876 / 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 $38,928 $3,987,332 $2,181,899 $1,805,433
2024 $38,928 $2,705,129 $2,139,117 $566,012
2023 $38,624 $2,652,088 $2,097,174 $554,914
2022 $37,975 $2,600,087 $2,056,053 $544,034
2021 $37,467 $2,549,106 $2,015,739 $533,367
2020 $36,496 $2,493,838 $1,995,071 $498,767
2019 $35,984 $2,444,940 $1,955,952 $488,988
2018 $35,477 $2,397,000 $1,917,600 $479,400
2017 $35,450 $2,350,000 $1,880,000 $470,000
2016 $4,710 $331,937 $106,211 $225,726
2015 $4,583 $326,952 $104,616 $222,336
2014 $4,462 $320,548 $102,567 $217,981
Source: Public Records

Agents Affiliated with this Home

  • Scott Poncetta

    Seller's Agent in 2016

    Scott Poncetta

    KW Bay Area Estates

    (408) 757-1007

    50 Total Sales

    Scott Poncetta
    Section Image

  • N

    Buyer's Agent in 2016

    Neva Mills

    Compass

    Section Image
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Map

Source: MLSListings

MLS Number: ML81592811

MLSListings

APN: 386-50-036

California Santa Clara County Saratoga 95070 West San Jose

12638 Larchmont Ave, Saratoga, CA

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