NOT LISTED FOR SALE

Estimated Value: $4,535,000 - $4,749,708

4 Beds
4 Baths
2,791 Sq Ft
$1,660/Sq Ft Est. Value

Last Sold May 26, 2015

Last sale price $2,600,000 $932 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $28,099/month

13 Days on Market

Highlights

  • In Ground Pool
  • Panoramic View
  • Traditional Architecture
  • Foothill Elementary School Rated A
  • Vaulted Ceiling
  • Wood Flooring

About This Home

As of May 2015

Beautifully remodeled home featuring an excellent open one-level floorplan including a gourmet kitchen breakfast family Great Room opening to an excellent entertaining backyard with fabulous views. Luxurious master suite, featuring a limestone bath, walk-in closet and second closet. Kitchen with granite slabs, stainless appliances, custom cabinets and large island. Close to schools and shopping, approximately 1 mile from Argonaut. Saratoga schools.

Last Agent to Sell the Property

William Gorman

Coldwell Banker Realty License #01053691 Listed on: 04/14/2015

Coldwell Banker Realty

Last Buyer's Agent

William Gorman

Coldwell Banker Realty License #01053691 Listed on: 04/14/2015

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,570

Year Built

  • Built in 1971

Lot Details

  • Lot Sloped Up
  • Sprinklers on Timer
  • Mostly Level
  • Zoning described as R140

Parking

  • 3 Car Attached Garage
  • Guest Parking

Property Views

  • Panoramic
  • Downtown
  • Vineyard
  • Mountain
  • Hills
  • Valley
  • Garden

Home Design

  • Traditional Architecture
  • Shake Roof
  • Metal Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,791 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Vaulted Ceiling
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Formal Entry
  • Great Room
  • Breakfast Room
  • Formal Dining Room

Kitchen

  • Open to Family Room
  • Built-In Double Oven
  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Travertine

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms
  • Marble Bathroom Countertops
  • Dual Sinks
  • Hydromassage or Jetted Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry Tub

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Balcony
  • Barbecue Area

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 503-56-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,570

Year Built

Built in 1971

Lot Details

0

Parking

3

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch, Traditional
  • Age: 44
  • Listing Class: Residential
  • Structure Sq Ft: 2791
  • Year Built: 1971
  • Zoning Description: R140
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Gas Starter, Wood Burning
  • Dining Room: Breakfast Room, Formal Dining Room
  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Hood Over Range, Island, Oven - Built-In, Oven - Double, Pantry Cabinet, Refrigerator
  • Living Sq Ft: 2791
  • Stories: 1
  • Laundry: Hookup - Electric, Tub / Sink
  • Flooring: Hardwood, Travertine
  • Additional Rooms: Formal Entry, Great Room, Laundry Room
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Marble, Stall Shower, Tub, Tub with Jets
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Pool - In Ground, Spa / Hot Tub
  • Roof: Metal, Shake
  • View: City, City Lights, Downtown, Garden / Greenbelt, Hills, Mountains, Panoramic, Valley, Vineyard
  • Yard/Grounds: Balcony / Patio, BBQ Area, Sprinklers - Auto
  • Pool: Yes

Garage/Parking

  • Garage Spaces: 3
  • Parking Spaces: 10
  • Garage Max: 3
  • Garage Min: 3
  • Garage Parking Features: Attached Garage, Guest / Visitor Parking, Parking Area

Utilities

  • Cooling System: Central AC, Multi-Zone
  • Heating System: Central Forced Air, Central Forced Air - Gas, Heating - 2+ Zones
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Open Beam Ceiling, Vaulted Ceiling, Walk-in Closet

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

  • Lot Description: Grade - Mostly Level, Grade - Sloped Up
  • Parcel Number: 503-56-003
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 42253.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 42253.00

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
Apr 14, 2015
Closed on
May 21, 2015
Sold by
Foss Peter and Foss Catherine
Bought by
The Jace Living Trust and Chen Li Tsung Elisa
Seller's Agent
William Gorman
Coldwell Banker Realty
Buyer's Agent
William Gorman
Coldwell Banker Realty
List Price
$2,399,000
Sold Price
$2,600,000
Premium/Discount to List
$201,000
8.38%
Current Estimated Value
$4,633,427

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,033,427
Avg. Annual Appreciation
5.77%
Original Mortgage
$1,950,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 6, 2007
Sold by
National Residential Nominee Svcs Inc
Bought by
Foss Peter and Foss Catherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 20, 2007
Sold by
Hushyar Kaveh and Samadi Behrokh
Bought by
National Residential Nominee Svcs Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 19, 2004
Sold by
Hushyar Kaveh and Samadi Behrokh
Bought by
Hushyar Kaveh and Samadi Behrokh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,270,000
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 25, 2002
Sold by
Hushyar Kaveh and Samadi Behrokh
Bought by
Hushyar Kaveh and Samadi Behrokh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,470,000
Interest Rate
5.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 25, 2000
Sold by
Lewis Robert A and Diehl Lewis Linda S
Bought by
Hushyar Kaveh and Samadi Behrokh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,470,000
Interest Rate
6.87%
Source: Public Records

Range of Values:

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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
The Jace Living Trust $2,600,000 Old Republic Title Company
Foss Peter $2,085,000 Fidelity National Title
National Residential Nominee Svcs Inc -- Fidelity Title
Hushyar Kaveh -- Financial Title Company
Hushyar Kaveh -- Financial Title Company
Hushyar Kaveh -- --
Hushyar Kaveh $2,100,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Tsehua Alex $1,630,000
Closed The Jace Living Trust $1,950,000
Previous Owner Foss Peter $574,000
Previous Owner Foss Peter $598,000
Previous Owner Foss Peter $600,000
Previous Owner Foss Peter $376,000
Previous Owner Foss Peter $1,500,000
Previous Owner National Residential Nominee Svcs Inc $376,000
Previous Owner Hushyar Kaveh $1,270,000
Previous Owner Hushyar Kaveh $1,470,000
Previous Owner Hushyar Kaveh $1,470,000
Previous Owner Hushyar Kaveh $1,470,000
Previous Owner Hushyar Kaveh $1,470,000
Previous Owner Hushyar Kaveh $1,470,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2015 05/26/15 Sold $2,600,000 +8.4% $932 / Sq Ft
04/27/2015 04/27/15 Pending -- -- --
04/14/2015 04/14/15 For Sale $2,399,000 -- $860 / 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 $36,570 $3,124,802 $2,523,882 $600,920
2024 $36,570 $3,063,533 $2,474,395 $589,138
2023 $36,214 $3,003,465 $2,425,878 $577,587
2022 $35,440 $2,944,574 $2,378,312 $566,262
2021 $34,875 $2,886,838 $2,331,679 $555,159
2020 $34,097 $2,857,238 $2,307,771 $549,467
2019 $33,508 $2,801,215 $2,262,521 $538,694
2018 $32,906 $2,746,290 $2,218,158 $528,132
2017 $32,788 $2,692,442 $2,174,665 $517,777
2016 $31,865 $2,639,650 $2,132,025 $507,625
2015 $27,469 $2,278,724 $1,841,561 $437,163
2014 -- $2,234,088 $1,805,488 $428,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81459781

MLSListings

APN: 503-56-003