NOT LISTED FOR SALE

Estimated Value: $4,168,860 - $4,688,000

3 Beds
2 Baths
2,571 Sq Ft
$1,716/Sq Ft Est. Value

Last Sold October 21, 2014

Last sale price $2,600,000 $1,011 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $27,031/month

17 Days on Market

Highlights

  • Primary Bedroom Suite
  • Wood Flooring
  • Formal Dining Room
  • Saratoga Elementary School Rated A
  • High Ceiling
  • Open to Family Room

About This Home

As of October 2014

This is basically a turnkey product with extensive remodel. The addition of a 4th bedrm and 3rd bath is very doable. Have illustrations.(450 sf,over the counter permit) Very deep 27,000 sf lot ( 275 sf depth) Another option is to add an in laws quarters in backyard for additional 1200 sf( 2 bedroom cottage) Great location. Walking distance to village,Saratoga High, Oak Elem, Montalvo, etc.

Last Agent to Sell the Property

Anthony Lum

Coldwell Banker Realty License #01172999 Listed on: 08/28/2014

Coldwell Banker Realty

Last Buyer's Agent

Wayne Garrahan

Coldwell Banker Realty License #01914967

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,493

Year Built

  • Built in 1924

Lot Details

  • 0.59

Parking

  • 2 Car Garage
  • Guest Parking

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,571 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Wood Flooring

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Built-In Oven
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Sewer Within 50 Feet

Additional Features

  • Barbecue Area
  • Zoning described as R110

Listing and Financial Details

  • Assessor Parcel Number 397-24-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,493

Year Built

Built in 1924

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch
  • Age: 90
  • Sale Price Per Sq Ft: 1011.28
  • Listing Class: Residential
  • Structure Sq Ft: 2571
  • Incorporated: Yes
  • Map Book Page: 872
  • Map Side Coordinate: 2
  • Map Top Coordinate: E
  • Thomas Bros Page: 872
  • Thomas Brothers: E2
  • Year Built: 1924
  • Zoning Description: R110
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Family Room, Living Room, Wood Burning, Gas Starter, Yes
  • Dining Room: Formal Dining Room, Eat in Kitchen
  • Kitchen: Dishwasher, Garbage Disposal, Refrigerator, Oven Range - Built-In
  • Living Sq Ft: 2571
  • Stories: 1
  • Bedrooms: Primary Suite / Retreat
  • Laundry: In Laundry Room
  • Flooring: Carpet - Wall to Wall, Hardwood
  • Maximum Bathrooms: 2
  • Maximum Numberof Bedrooms: 3
  • Minimum Bathrooms: 2
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Pool Description: Pool - No
  • Roof: Composition
  • View: Local/Neighborhood
  • Yard/Grounds: Patio(s), Tennis Court(s) - Possible, BBQ Area

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Guest / Visitor Parking

Utilities

  • Heating System: Forced Air, Gas
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: High Ceiling

Schools

  • School District: Los Gatos-Saratoga Joint Union High
  • Elementary School: Saratoga Elementary
  • Middle School: Redwood Middle
  • High School: Saratoga High
  • High School: 264
  • Elementary School: 199
  • Middle School: 198

Lot Info

  • Parcel Number: 397-24-001
  • List Price per Sq Ft: 894.55
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 27557.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 27557.00
  • Lot Size Area Min Search: 27557.00
  • Maximum Lot Size: 27557.00
  • Map Book: Thomas Bros

Multi Family

  • Maximum Building Height: 1
  • Minimum Building Height: 1

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2014
Closed on
Sep 18, 2014
Sold by
Collins Julie
Bought by
Zhang Chunyi and Peng Fei
Seller's Agent
Anthony Lum
Coldwell Banker Realty
Buyer's Agent
Wayne Garrahan
Coldwell Banker Realty
List Price
$2,299,888
Sold Price
$2,600,000
Premium/Discount to List
$300,112
13.05%
Current Estimated Value
$4,411,465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,811,465
Avg. Annual Appreciation
4.99%
Original Mortgage
$1,690,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 13, 2014
Sold by
Terpstra Linda S
Bought by
Collins Julie

Purchase Details

Closed on
May 7, 2014
Sold by
Tirado Don Louis
Bought by
Collins Julie

Purchase Details

Closed on
Jun 16, 2010
Sold by
Paravagna Jack M and Paravagna Lois J
Bought by
Paravagna Jack M and Paravagna Lois J
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
Zhang Chunyi $2,600,000 Chicago Title Company
Collins Julie $1,550,000 Chicago Title Company
Collins Julie $1,550,000 Chicago Title Company
Paravagna Jack M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Chunyi $1,458,000
Closed Zhang Chunyi $1,690,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2014 10/21/14 Sold $2,600,000 +13.0% $1,011 / Sq Ft
09/14/2014 09/14/14 Pending -- -- --
08/28/2014 08/28/14 For Sale $2,299,888 -- $895 / 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 $36,493 $3,124,804 $2,403,698 $721,106
2024 $36,493 $3,063,534 $2,356,567 $706,967
2023 $36,179 $3,003,465 $2,310,360 $693,105
2022 $35,442 $2,944,574 $2,265,059 $679,515
2021 $34,877 $2,886,839 $2,220,647 $666,192
2020 $34,158 $2,857,239 $2,197,877 $659,362
2019 $33,594 $2,801,216 $2,154,782 $646,434
2018 $33,022 $2,746,291 $2,112,532 $633,759
2017 $32,915 $2,692,443 $2,071,110 $621,333
2016 $32,465 $2,639,650 $2,030,500 $609,150
2015 $31,811 $2,600,000 $2,000,000 $600,000
2014 $2,615 $140,652 $65,948 $74,704
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81431411

MLSListings

APN: 397-24-001