NOT LISTED FOR SALE

Estimated Value: $4,025,000 - $4,490,000

5 Beds
2.5 Baths
2,412 Sq Ft
$1,758/Sq Ft Est. Value

Last Sold February 20, 2019

Last sale price $3,005,000 $1,246 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $26,172/month

8 Days on Market

Highlights

  • Family Room with Fireplace
  • Wood Flooring
  • Formal Dining Room
  • Argonaut Elementary School Rated A
  • High Ceiling
  • Balcony

About This Home

As of February 2019

Situated in the prestigious and tranquil Golden Triangle of Saratoga this five-bedroom home offers an open of living space, a sprawling, private 12350 square foot lot and acclaimed Saratoga schools. Inside, a dedicated family room, dining room, living room, utility room and sizable master suite all swathed in natural light. The thoughtful floor-plan offers views of the expansive and private backyard gardens. The living room features a vaulted wood beam ceiling w/ new carpet, hardwood flooring, copper plumbing, air conditioning, two fireplaces and an over-sized garage with workbench and cabinetry. A short jaunt away are life's necessities schools, parks, cafes, trails and iconic Silicon Valley organizations.

Last Agent to Sell the Property

Cheryl Okuno

Compass License #01051270 Listed on: 01/21/2019

Compass

Last Buyer's Agent

Lakshmi Sathyanarayana

Keller Williams Thrive License #01472095

Keller Williams Thrive

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $38,999

Year Built

  • Built in 1965

Lot Details

  • 0.28 Acre Lot
  • Property is Fully Fenced
  • Back Yard
  • Zoning described as R112

Parking

  • 2 Car Attached Garage

Home Design

  • Shake Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,412 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Dual Sinks
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry in Utility Room
  • Electric Dryer Hookup

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • 220 Volts

Listing and Financial Details

  • Assessor Parcel Number 393-15-027

Home Details

Home Type

Single Family

Est. Annual Taxes

$38,999

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch
  • Age: 54
  • Listing Class: Residential
  • Structure Sq Ft: 2412
  • Year Built: 1965
  • Zoning Description: R112
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Living Room, Wood Burning
  • Dining Room: Formal Dining Room
  • Kitchen: 220 Volt Outlet, Cooktop - Electric, Countertop - Tile, Dishwasher, Exhaust Fan, Garbage Disposal, Microwave, Oven - Electric, Refrigerator
  • Living Sq Ft: 2412
  • Stories: 1
  • Laundry: Electricity Hookup (220V), In Utility Room
  • Flooring: Carpet, Hardwood, Tile, Vinyl / Linoleum
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Bathroom: Double Sinks, Primary - Stall Shower(s), Shower over Tub - 1, Stall Shower
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Shake
  • Yard/Grounds: Back Yard, Balcony / Patio
  • Fencing: Complete Perimeter, Fenced

Garage/Parking

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

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: High Ceiling

Schools

  • School District: Los Gatos-Saratoga Joint Union High
  • Middle School: Redwood Middle
  • High School: Saratoga High
  • High School: 264
  • Middle School: 198

Lot Info

  • Parcel Number: 393-15-027
  • Lot Acres: 0.2835
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 12350.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 12350.00

Multi Family

  • Utilities: Public Utilities

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

Listed on
Jan 21, 2019
Closed on
Feb 11, 2019
Sold by
Thomson James C and The Edward C Thomson Family Tr
Bought by
Sunkara Srinivas and Chennu Smitha
Seller's Agent
Cheryl Okuno
Compass
Buyer's Agent
Lakshmi Sathyanarayana
Keller Williams Thrive
List Price
$2,500,000
Sold Price
$3,005,000
Premium/Discount to List
$505,000
20.2%
Current Estimated Value
$4,239,575

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,234,575
Avg. Annual Appreciation
5.23%
Original Mortgage
$2,100,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 25, 2002
Sold by
Thompson Olive I
Bought by
Thompson Olive I

Purchase Details

Closed on
Jul 24, 1996
Sold by
Thompson Edward C and Thompson Olive I
Bought by
Thompson Edward C and Thompson Olive I
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
Sunkara Srinivas $3,005,000 Old Republic Title Co
Thompson Olive I -- --
Thompson Edward C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sunkara Srinivas $1,998,000
Closed Sunkara Srinivas $2,100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2019 02/20/19 Sold $3,005,000 +20.2% $1,246 / Sq Ft
01/30/2019 01/30/19 Pending -- -- --
01/21/2019 01/21/19 For Sale $2,500,000 -- $1,036 / 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 $38,999 $3,374,002 $2,900,347 $473,655
2024 $38,999 $3,307,846 $2,843,478 $464,368
2023 $38,683 $3,242,987 $2,787,724 $455,263
2022 $37,852 $3,179,400 $2,733,063 $446,337
2021 $37,244 $3,117,060 $2,679,474 $437,586
2020 $36,483 $3,085,100 $2,652,000 $433,100
2019 $2,534 $145,543 $43,877 $101,666
2018 $2,473 $142,690 $43,017 $99,673
2017 $2,437 $139,893 $42,174 $97,719
2016 $2,335 $137,151 $41,348 $95,803
2015 $2,262 $135,091 $40,727 $94,364
2014 $2,109 $132,446 $39,930 $92,516
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81736012

MLSListings

APN: 393-15-027