NOT LISTED FOR SALE

12940 Pierce Rd Saratoga, CA 95070

Saratoga Foothills Neighborhood

Estimated Value: $4,452,322 - $5,034,000

5 Beds
3.5 Baths
3,191 Sq Ft
$1,490/Sq Ft Est. Value

Sale Details

Date Sold: May 21, 2014

Last sale price $2,350,000 $736 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $28,007 / mo

28 Days on Market

Highlights

  • RV Access or Parking
  • Primary Bedroom Suite
  • Wood Flooring
  • Argonaut Elementary School Rated A
  • Contemporary Architecture
  • Hydromassage or Jetted Bathtub

About This Home

As of May 2014

One level Remodeled 5Bd, 3.5Ba Saratoga Charmer. Close to Argonaut Shopping Center. Gourmet kitchen w/ granite counter tops & informal dining. 2 Family Rms w/ marble fireplaces. 2 formal dining areas. 2 Master Suites one w/ private entrance to backyard. Harwood flrs, crown molding, recessed ceilings & lighting, skylights. Spacious Backyard w/ paver patio & large grassy area. Newly added 1200+/-sf

Last Agent to Sell the Property

Carol Mauldin

Compass License #01247020 Listed on: 04/03/2014

Compass

Last Buyer's Agent

Jean-Luc Laminette

Compass License #01847917

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1956

Lot Details

  • Fenced
  • Level Lot
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Zoning described as R140

Parking

  • 2 Car Attached Garage
  • Off-Street Parking
  • RV Access or Parking

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,191 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Skylights
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Double Pane Windows
  • Formal Entry
  • Family Room with Fireplace
  • Formal Dining Room
  • Den
  • Bonus Room
  • Storage Room
  • Utility Room
  • Neighborhood Views

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Oven
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Walk-in Shower

Outdoor Features

  • Patio

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Wood Insert Heater
  • Sewer Within 50 Feet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 503-16-046

Home Details

Home Type

Single Family

Year Built

Built in 1956

Lot Details

0.28 Acres

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Contemporary
  • Sale Price Per Sq Ft: 736.45
  • Level Street Main: 2 or more Primary Suites, Bedroom(s)
  • Listing Class: Residential
  • Structure Sq Ft: 3191
  • Barclay Horizontal: 22
  • Barclays Page: 74
  • Incorporated: Yes
  • Map Book Page: 852
  • Map Book Page Secondary: 74
  • Map Side Coordinate: 6
  • Map Side Coordinate Secondary: 60
  • Map Top Coordinate: D
  • Map Top Coordinate Secondary: 22
  • Thomas Bros Page: 852
  • Thomas Brothers: D6
  • Year Built: 1956
  • Zoning Description: R140
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Wood Burning, Insert, Gas Starter, Yes
  • Dining Room: Formal Dining Room, Dining Area in Living Room, Breakfast Nook, Eat in Kitchen
  • Kitchen: Dishwasher, Refrigerator, Microwave, Oven - Built-In, Hookups - Gas
  • Living Sq Ft: 3191
  • Stories: 1
  • Bedrooms: Primary Suite / Retreate - 2+, Ground Floor Bedroom
  • Laundry: In Laundry Room
  • Flooring: Tile, Hardwood, Vinyl / Linoleum
  • Additional Rooms: Bonus / Hobby Room, Utility Room, Den / Study / Office, Formal Entry, Storage
  • Maximum Bathrooms: 4
  • Minimum Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Bathroom: Showers over Tubs - 2+, Tubs - 2+, Stall Shower, Tub in Primary Bedroom, Tub with Jets

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Pool Description: Pool - No
  • Roof: Composition
  • View: Local/Neighborhood
  • Yard/Grounds: Patio(s), Sprinkler(s) - Front, Sprinkler(s) - Rear, Sprinklers - Auto, Fenced
  • Exterior: Wood, Brick, Stone, Stucco

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage, Off-Street Parking, RV/Boat Parking

Utilities

  • Cooling System: Central AC
  • Heating System: Heating - 2+ Zones, Forced Air
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Double Pane Windows(s), Wet Bar

Schools

  • High School: 264

Lot Info

  • Lot Description: Grade - Level, Grade - Sloped Down
  • Parcel Number: 503-16-046
  • List Price per Sq Ft: 777.19
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 12197.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 12197.00
  • Lot Size Area Min Search: 12197.00
  • Maximum Lot Size: 12197.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Green Features

  • Energy Features: Double Pane Windows, Skylight

Multi Family

  • Maximum Building Height: 1
  • Minimum Building Height: 1

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2017
Sold by
Somayajula Siva Rama Kumar and Rao Suman N
Bought by
50Inayajula Siva Rama Kumar and Rao Suman N
Current Estimated Value
$4,753,081

Purchase Details

Listed on
Apr 3, 2014
Closed on
May 16, 2014
Sold by
Chen Tsehua Alex and Chen Li Tsung Elisa
Bought by
Somayajula Siva Rama Kumar and Rao Suman N
Seller's Agent
Carol Mauldin
Compass
Buyer's Agent
Jean-Luc Laminette
Compass
List Price
$2,480,000
Sold Price
$2,350,000
Premium/Discount to List
-$130,000
-5.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.12%
Original Mortgage
$1,645,000
Outstanding Balance
$1,278,506
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,474,575

Purchase Details

Closed on
Dec 13, 2012
Sold by
Chen Tsehua Alex and Chen Li Tsung Elisa
Bought by
Chen Tsehua Alex and Chen Li Tsung Elisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 2012
Sold by
Chen Tsehua Alex and Chen Li Tsung Elisa
Bought by
Chen Tsehua Alex and Chen Li Tsung Elisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2012
Sold by
Chen Tsehua Alex and Chen Litsung Elisa
Bought by
Chen Tsehua Alex and Chen Li Tsung Elisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
3.59%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 21, 2011
Sold by
Chen Tsehua Alex and Chen Li Tsung Elisa
Bought by
Chen Tsehua Alex and Chen Li Tsung Elisa

Purchase Details

Closed on
Apr 30, 2007
Sold by
Chan Stanley Gary and Chan Trisha Amy
Bought by
Chen Tsehua A and Chen Litsung E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$990,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 10, 2006
Sold by
Chan Stanley G and Chan Trisha A
Bought by
Chan Stanley Gary and Chan Trisha Amy

Purchase Details

Closed on
Aug 16, 2006
Sold by
Mcweeney Kevin
Bought by
Chan Stanley G and Chan Trisha A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,500
Interest Rate
6.67%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 17, 2002
Sold by
Mcweeney Robert J
Bought by
Mcweeney Robert J
Source: Public Records
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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
50Inayajula Siva Rama Kumar -- None Available
Somayajula Siva Rama Kumar $2,350,000 Chicago Title Company
Chen Tsehua Alex -- Fidelity National Title Co
Chen Tsehua Alex -- Accommodation
Chen Tsehua Alex -- North American Title Co Inc
Chen Tsehua Alex -- North American Title Co Inc
Chen Tsehua Alex -- None Available
Chen Tsehua A $1,325,000 Chicago Title Company
Chan Stanley Gary -- None Available
Chan Stanley G $1,200,000 Chicago Title Company
Mcweeney Robert J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Somayajula Siva Rama Kumar $1,645,000
Previous Owner Chen Tsehua Alex $417,000
Previous Owner Chen Tsehua Alex $750,000
Previous Owner Chen Tsehua A $990,000
Previous Owner Chan Stanley G $119,500
Previous Owner Chan Stanley G $960,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/21/2014 05/21/14 Sold $2,350,000 -5.2% $736 / Sq Ft
05/01/2014 05/01/14 Pending -- -- --
04/03/2014 04/03/14 For Sale $2,480,000 -- $777 / Sq Ft
Source: MLSListings

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 $33,678 $2,880,769 $2,083,964 $796,805
2024 $33,678 $2,824,284 $2,043,102 $781,182
2023 $33,370 $2,768,907 $2,003,042 $765,865
2022 $32,524 $2,714,616 $1,963,767 $750,849
2021 $31,999 $2,661,389 $1,925,262 $736,127
2020 $31,285 $2,634,100 $1,905,521 $728,579
2019 $30,752 $2,582,452 $1,868,158 $714,294
2018 $30,200 $2,531,817 $1,831,528 $700,289
2017 $30,178 $2,482,174 $1,795,616 $686,558
2016 $29,328 $2,433,505 $1,760,408 $673,097
2015 $28,774 $2,396,953 $1,733,966 $662,987
2014 $19,670 $1,630,922 $1,202,229 $428,693
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2014

    Carol Mauldin

    Compass

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Map

Source: MLSListings

MLS Number: ML81411050

MLSListings

APN: 503-16-046

California Santa Clara County Saratoga 95070 Saratoga Foothills

12940 Pierce Rd, Saratoga, CA

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