NOT LISTED FOR SALE

Estimated Value: $2,938,703 - $3,115,000

4 Beds
2.5 Baths
3,223 Sq Ft
$934/Sq Ft Est. Value

Last Sold May 31, 2024

Last sale price $2,910,000 $903 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $17,416/month

6 Days on Market

Highlights

  • Pool and Spa
  • Family Room with Fireplace
  • Wood Flooring
  • Primary Bedroom Suite
  • Soaking Tub in Primary Bathroom
  • Bonus Room

About This Home

As of May 2024

Situated in the coveted Rose Garden community, this stunning Summerhill home boasts architectural details such as a grand foyer, a spectacular spiral staircase, soaring ceilings and ample windows. Spacious formal dining and living areas as well as an open family room connected to the kitchen and breakfast nook. French doors enhance the seamless indoor/outdoor living spaces. Imagine dining and relaxing in the warm sun on your flagstone patio while overlooking the serene pool/spa with water features. Large lower level den could be used as a 5th bedroom while the downstairs powder room could be converted to a full bath. Well-appointed Kitchen with granite counters, an island with a prep sink, a Sub-Zero refrigerator, gas range, a breakfast nook and a pantry. Sizable primary suite with retreat area, gas fireplace, & a generous walk-in California Closet. Luxurious primary bathroom complete with soaking tub, dual sinks, and a shower stall. Plantation shutters, rich Brazilian hardwood floors, central a/c. Local amenities include: The Rose Garden Park, the library, schools, Farmers Market, Zanotto's. Easy access to Highways 880, 280, and 87, Cupertino, Santa Clara, downtown, trains/light rail transit, the airport, Valley Fair, Santa Row, Wholefoods, Bellarmine, SCU.

Last Agent to Sell the Property

Derrick Oh

Coldwell Banker Realty License #01344896 Listed on: 04/10/2024

Coldwell Banker Realty

Last Buyer's Agent

Jamie Sweeney

Compass License #01331223

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1996

Lot Details

  • 5,663 Sq Ft Lot
  • Fenced
  • Sprinklers on Timer
  • Back Yard
  • Zoning described as A-PD

Parking

  • 2 Car Attached Garage

Home Design

  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,223 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • High Ceiling
  • Whole House Fan
  • Gas Fireplace
  • Double Pane Windows
  • Formal Entry
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Bonus Room
  • Attic Fan

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Eat-In Kitchen
  • Built-In Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Trash Compactor

Flooring

  • Wood
  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Bathroom on Main Level
  • Dual Sinks
  • Soaking Tub in Primary Bathroom
  • Bathtub with Shower
  • Oversized Bathtub in Primary Bathroom
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level

Pool

  • Pool and Spa
  • In Ground Pool

Outdoor Features

  • Barbecue Area

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan

Community Details

  • Courtyard

Listing and Financial Details

  • Assessor Parcel Number 274-61-005

Home Details

Home Type

Single Family

Year Built

Built in 1996

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 3223
  • Year Built: 1996
  • Zoning Description: A-PD
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo, Separate Family Room
  • Fireplace: Family Room, Gas Burning, Gas Starter, Living Room
  • Dining Room: Breakfast Nook, Eat in Kitchen, Formal Dining Room
  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Exhaust Fan, Microwave, Oven - Built-In, Pantry, Refrigerator, Trash Compactor
  • Living Sq Ft: 3223
  • Stories: 2
  • Bedrooms: Primary Suite / Retreat, Walk-in Closet
  • Laundry: Upper Floor
  • Flooring: Carpet, Hardwood, Stone, Tile
  • Additional Rooms: Bonus / Hobby Room, Den / Study / Office, Formal Entry, Laundry Room
  • Fireplaces Min: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Half on Ground Floor, Primary - Oversized Tub, Primary - Stall Shower(s), Shower over Tub - 1
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Pool - In Ground, Pool / Spa Combo, Spa - Jetted
  • Roof: Tile
  • Yard/Grounds: Back Yard, BBQ Area, Courtyard, Fenced, Sprinklers - Auto
  • Pool: Yes

Garage/Parking

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

Utilities

  • Cooling System: Central AC, Whole House / Attic Fan
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Built-in Vacuum, High Ceiling, Walk-in Closet

Schools

  • High School: 347

Lot Info

  • Parcel Number: 274-61-005
  • Lot Acres: 0.1300
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5663.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5663.00

Green Features

  • Energy Features: Attic Fan, Double Pane Windows, Solar Power On Grid, Whole House Fan

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: San Jose Unified
  • Elementary School Text: Merritt Trace Elementary
  • High School Text: Abraham Lincoln High
  • Middle School Text: Herbert Hoover Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2024
Closed on
May 13, 2024
Sold by
Willis Gary W and Willis Joyce D
Bought by
Gangadharaiah Rashmi and Narayanaswamy Balakrishnan
Seller's Agent
Derrick Oh
Coldwell Banker Realty
Buyer's Agent
Jamie Sweeney
Compass
List Price
$1,850,000
Sold Price
$2,910,000
Premium/Discount to List
$1,060,000
57.3%
Views
35
Current Estimated Value
$3,005,334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,334
Avg. Annual Appreciation
2.16%
Original Mortgage
$2,182,500
Outstanding Balance
$2,151,897
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$856,779

Purchase Details

Closed on
Nov 12, 2003
Sold by
Reloaction
Bought by
Willis Gary W and Willis Joyce D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$809,000
Interest Rate
3.5%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Oct 14, 2003
Sold by
Hoffman James C and Polino Anne M
Bought by
Reloaction

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$809,000
Interest Rate
3.5%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 12, 2000
Sold by
Hoffman James C and Polino Anne M
Bought by
Hoffman James C and Polino Anne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$361,000
Interest Rate
7.87%

Purchase Details

Closed on
Jan 3, 2000
Sold by
Hoffman James C and Polino Anne M
Bought by
Hoffman James C and Polino Anne M

Purchase Details

Closed on
Mar 4, 1997
Sold by
Summerhill Rosegarden Ltd
Bought by
Hoffman James Christopher and Polino Anne Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
7.81%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gangadharaiah Rashmi $2,910,000 Chicago Title
Willis Gary W $1,159,000 Chicago Title
Reloaction $1,159,000 Chicago Title
Hoffman James C -- First American Title Co
Hoffman James C -- --
Hoffman James Christopher $536,000 First American Title Guarant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gangadharaiah Rashmi $2,182,500
Previous Owner Willis Gary W $809,000
Previous Owner Hoffman James C $361,000
Previous Owner Hoffman James Christopher $270,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2024 05/31/24 Sold $2,910,000 +2.1% $903 / Sq Ft
04/17/2024 04/17/24 Pending -- -- --
04/10/2024 04/10/24 Price Changed $2,850,000 +54.1% $884 / Sq Ft
04/10/2024 04/10/24 For Sale $1,850,000 -- $574 / 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 $20,045 $2,968,200 $2,226,150 $742,050
2024 $20,045 $1,615,535 $906,039 $709,496
2023 $19,694 $1,583,859 $888,274 $695,585
2022 $19,525 $1,552,804 $870,857 $681,947
2021 $19,168 $1,522,358 $853,782 $668,576
2020 $18,772 $1,506,749 $845,028 $661,721
2019 $18,392 $1,477,206 $828,459 $648,747
2018 $18,227 $1,448,242 $812,215 $636,027
2017 $18,092 $1,419,846 $796,290 $623,556
2016 $17,859 $1,392,007 $780,677 $611,330
2015 $17,755 $1,371,099 $768,951 $602,148
2014 $15,637 $1,214,000 $680,800 $533,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81960886

MLSListings

APN: 274-61-005