NOT LISTED FOR SALE

Estimated Value: $3,398,000 - $6,202,792

4 Beds
2.5 Baths
2,496 Sq Ft
$2,007/Sq Ft Est. Value

Last Sold March 30, 2018

Last sale price $2,850,000 $1,142 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $33,588/month

Highlights

  • In Ground Pool
  • Vaulted Ceiling
  • Attic
  • Foothill Elementary School Rated A
  • Wood Flooring
  • Formal Dining Room

About This Home

As of March 2018

Wow! Location! Location! Location! Luxurious Saratoga Estate living at its finest! Move in & enjoy this custom built home located in one of Saratoga most exclusive neighborhood. Enjoy this fabulous home in move-in condition More than 1/2 acre! Enjoy the breath-taking views and vaulted ceiling in living room! The Opportunities are endless! Million dollars homes all around. Bike or walk to Award-winning Saratoga schools.

Last Agent to Sell the Property

Deepak

Anthem Realty License #70010052 Listed on: 02/14/2018

Last Buyer's Agent

Deepak H Chandani

Anthem Realty License #01240105

Anthem Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $53,169

Year Built

  • Built in 1966

Lot Details

  • 0.57 Acre Lot
  • Zoning described as R120

Parking

  • 2 Car Garage
  • 2 Carport Spaces
  • Garage Door Opener

Home Design

  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,496 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Whole House Fan
  • Wood Burning Fireplace
  • Formal Entry
  • Separate Family Room
  • Formal Dining Room
  • Alarm System
  • Attic

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Electric Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Remodeled Bathroom
  • Dual Sinks
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer

Pool

  • In Ground Pool

Utilities

  • Forced Air Heating System
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number 503-53-046

Home Details

Home Type

Single Family

Est. Annual Taxes

$53,169

Year Built

Built in 1966

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 52
  • Listing Class: Residential
  • Structure Sq Ft: 2496
  • Year Built: 1966
  • Zoning Description: R120
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Wood Burning
  • Dining Room: Eat in Kitchen, Formal Dining Room
  • Kitchen: Cooktop - Electric, Dishwasher, Garbage Disposal, Oven Range - Built-In, Pantry
  • Living Sq Ft: 2496
  • Stories: 1
  • Security: Security Alarm
  • Laundry: Washer / Dryer
  • Flooring: Hardwood, Tile
  • Additional Rooms: Attic, Formal Entry, Laundry Room
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Shower and Tub, Stall Shower, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Pool Description: Pool - In Ground
  • Roof: Shingle
  • Pool: Yes

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Carport, Covered Parking, Gate / Door Opener
  • Carport Min: 2

Utilities

  • Cooling System: Whole House / Attic Fan
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Vaulted Ceiling

Schools

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

Lot Info

  • Parcel Number: 503-53-046
  • Lot Acres: 0.5722
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 24924.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 24924.00

Multi Family

  • Utilities: Individual Electric Meters, Natural Gas, Public Utilities

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2018
Closed on
Mar 27, 2018
Sold by
Iyar Subrah S
Bought by
Lavu Ratnakar and Murthy Chitra
Seller's Agent
Deepak
Anthem Realty
Buyer's Agent
Deepak H Chandani
Anthem Realty
List Price
$2,850,000
Sold Price
$2,850,000
Current Estimated Value
$5,325,394

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,475,394
Avg. Annual Appreciation
7.97%
Original Mortgage
$2,850,000
Outstanding Balance
$2,468,552
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$2,541,896

Purchase Details

Listed on
Sep 28, 2015
Closed on
Nov 18, 2015
Sold by
Askanas Lita
Bought by
Lyar Leena S and The Iyar 2006 Revocable Trust
Seller's Agent
Steve McCarrick
Coldwell Banker Realty
Buyer's Agent
Deepak H Chandani
Anthem Realty
List Price
$2,498,000
Sold Price
$2,375,000
Premium/Discount to List
-$123,000
-4.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.18%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Lavu Ratnakar $2,850,000 Chicago Title Co
The Leena S Iyar 2012 Irrevocable Tyrust -- Chicago Title Co
Lyar Leena S $2,375,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lavu Ratnakar $2,850,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2018 03/30/18 Sold $2,850,000 0.0% $1,142 / Sq Ft
02/14/2018 02/14/18 Pending -- -- --
02/14/2018 02/14/18 For Sale $2,850,000 +20.0% $1,142 / Sq Ft
12/03/2015 12/03/15 Sold $2,375,000 -1.0% $952 / Sq Ft
11/16/2015 11/16/15 Pending -- -- --
11/11/2015 11/11/15 Price Changed $2,398,000 -4.0% $961 / Sq Ft
09/28/2015 09/28/15 For Sale $2,498,000 -- $1,001 / 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
2024 $53,169 $4,514,017 $2,733,019 $1,780,998
2023 $52,719 $4,425,508 $2,679,431 $1,746,077
2022 $51,598 $4,338,735 $2,626,894 $1,711,841
2021 $41,650 $3,472,166 $2,575,387 $896,779
2020 $35,366 $2,971,552 $2,548,980 $422,572
2019 $34,697 $2,907,000 $2,499,000 $408,000
2018 $29,665 $2,470,950 $2,184,840 $286,110
2017 $29,564 $2,422,500 $2,142,000 $280,500
2016 $28,728 $2,375,000 $2,100,000 $275,000
2015 $2,637 $169,316 $55,152 $114,164
2014 $2,585 $166,000 $54,072 $111,928
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81692576

MLSListings

APN: 503-53-046