NOT LISTED FOR SALE

Estimated Value: $5,387,000 - $5,928,381

5 Beds
4 Baths
4,338 Sq Ft
$1,313/Sq Ft Est. Value

Last Sold September 25, 2015

Last sale price $3,450,000 $795 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $34,980/month

11 Days on Market

Highlights

  • Home Theater
  • In Ground Pool
  • Craftsman Architecture
  • Saratoga Elementary School Rated A
  • 0.69 Acre Lot
  • Deck

About This Home

As of September 2015

Exceptional Village Gated Estate. In its own private paradise, this like-new 4200+sf home features an open kitchen breakfast family Great Room opening to a fabulous park-like yard. Gourmet state-of-the-art kitchen. Luxurious spa-like master suite with 2 walk-in closets. 4 bedrooms with office/library, recreation & media rooms. Second Master or spacious guest suite. Exceptional location walking distance to schools, the enjoyable Village and Montalvo. Almost 7/10ths of an acre. Saratoga schools.

Last Agent to Sell the Property

William Gorman

Coldwell Banker Realty License #01053691 Listed on: 05/14/2015

Coldwell Banker Realty

Last Buyer's Agent

Marcella Orlita

Coldwell Banker Realty License #01225582

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $47,298

Year Built

  • Built in 1963

Lot Details

  • 0.69 Acre Lot
  • Security Fence
  • Sprinklers on Timer
  • Mostly Level
  • Back Yard Fenced
  • Zoning described as R120

Parking

  • 2 Car Detached Garage
  • 2 Carport Spaces
  • Off-Street Parking

Home Design

  • Craftsman Architecture
  • Slab Foundation
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,338 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Skylights in Kitchen
  • Wood Burning Fireplace
  • Gas Fireplace
  • Formal Entry
  • Combination Dining and Living Room
  • Breakfast Room
  • Home Theater
  • Den
  • Library
  • Bonus Room
  • Forest Views
  • Fire and Smoke Detector
  • Gas Dryer Hookup

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Built-In Double Oven
  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Granite Countertops
  • Trash Compactor

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

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

Outdoor Features

  • In Ground Pool
  • Balcony
  • Deck
  • Barbecue Area

Utilities

  • Forced Air Zoned Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 397-24-041

Home Details

Home Type

Single Family

Est. Annual Taxes

$47,298

Year Built

Built in 1963

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Craftsman
  • Age: 52
  • Listing Class: Residential
  • Structure Sq Ft: 4338
  • Year Built: 1963
  • Zoning Description: R120
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Gas Burning, Gas Starter, Wood Burning
  • Dining Room: Breakfast Bar, Breakfast Room, Dining Area in Living Room
  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Hood Over Range, Island, Oven - Built-In, Oven - Double, Pantry, Refrigerator, Skylight, Trash Compactor, Wine Refrigerator
  • Living Sq Ft: 4338
  • Stories: 2
  • Security: Fire Alarm, Security Fence
  • Laundry: Hookup - Electric, Gas Hookup, Hookup - Washer/Dryer
  • Flooring: Hardwood, Marble
  • Additional Rooms: Bonus / Hobby Room, Den / Study / Office, Formal Entry, Library, Media / Home Theater
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Bathroom: Double Sinks, Marble, Shower and Tub, Solid Surface, Stall Shower, Tub, Tub with Jets, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter, Concrete Slab
  • Pool Description: Pool - In Ground
  • Roof: Composition
  • View: Forest / Woods
  • Yard/Grounds: Back Yard, Balcony / Patio, BBQ Area, Deck, Fenced, Sprinklers - Auto, Sprinklers - Lawn
  • Pool: Yes
  • Fencing: Fenced, Fenced Back

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 10
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Carport, Detached Garage, Off-Street Parking, Parking Area
  • Carport Min: 2

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Skylight, Walk-in Closet, Wet Bar

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
  • Parcel Number: 397-24-041
  • Lot Acres: 0.6890
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 30000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 30000.00

Green Features

  • Energy Features: Skylight

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

Closed on
Jun 9, 2016
Sold by
Begeman Nathaniel and Begeman Jessica
Bought by
The Begeman Living Trust
Current Estimated Value
$5,696,345

Purchase Details

Listed on
May 14, 2015
Closed on
Sep 17, 2015
Sold by
Prabhu Naren S and Prabhu Raynah
Bought by
Begeman Nathaniel and Begeman Jessica
Seller's Agent
William Gorman
Coldwell Banker Realty
Buyer's Agent
Marcella Orlita
Coldwell Banker Realty
List Price
$3,499,999
Sold Price
$3,450,000
Premium/Discount to List
-$49,999
-1.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.18%
Original Mortgage
$2,350,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 17, 2003
Sold by
Prabhu Narendranath and Prabhu Rayna
Bought by
Prabhu Naren S and Prabhu Raynah

Purchase Details

Closed on
Oct 20, 2000
Sold by
Jones Ross and Jones Katherine C
Bought by
Prabhu Narendranath and Prabhu Rayna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
7.87%

Purchase Details

Closed on
Jul 21, 1998
Sold by
Rickgauer Donald R and Rickgauer Frances K
Bought by
Jones Ross and Jones Katherine C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
6.9%

Purchase Details

Closed on
Mar 23, 1994
Sold by
Boswell John W and Boswell Lou Ann
Bought by
Rickgauer Donald R and Rickgauer Frances K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
6.3%
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
The Begeman Living Trust -- None Available
Begeman Nathaniel $3,450,000 Old Republic Title Company
Prabhu Naren S -- --
Prabhu Narendranath $4,150,000 Fidelity National Title Ins
Jones Ross $1,552,500 Old Republic Title Company
Rickgauer Donald R $800,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Begeman Nathaniel $2,090,000
Closed Begeman Nathaniel $500,000
Closed Begeman Nathaniel $2,300,000
Closed Begeman Nathaniel $2,350,000
Previous Owner Prabhu Naren S $931,000
Previous Owner Prabhu Naren S $924,000
Previous Owner Prabhu Narendranath $1,100,000
Previous Owner Prabhu Narendranath $2,500,000
Previous Owner Jones Ross $800,000
Previous Owner Rickgauer Donald R $150,000
Previous Owner Rickgauer Donald R $640,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2015 09/25/15 Sold $3,450,000 -1.4% $795 / Sq Ft
09/02/2015 09/02/15 Pending -- -- --
08/21/2015 08/21/15 For Sale $3,499,999 -- $807 / 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 $47,298 $4,084,093 $3,373,819 $710,274
2024 $47,298 $4,004,014 $3,307,666 $696,348
2023 $46,912 $3,925,505 $3,242,810 $682,695
2022 $45,948 $3,848,535 $3,179,226 $669,309
2021 $45,222 $3,773,075 $3,116,889 $656,186
2020 $44,294 $3,734,388 $3,084,930 $649,458
2019 $43,566 $3,661,166 $3,024,442 $636,724
2018 $42,829 $3,589,380 $2,965,140 $624,240
2017 $42,698 $3,519,000 $2,907,000 $612,000
2016 $41,580 $3,450,000 $2,850,000 $600,000
2015 $43,826 $3,662,000 $3,088,400 $573,600
2014 $35,091 $2,926,000 $2,467,700 $458,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81501197

MLSListings

APN: 397-24-041