NOT LISTED FOR SALE

Estimated Value: $6,634,279 - $7,664,000

5 Beds
4.5 Baths
5,057 Sq Ft
$1,402/Sq Ft Est. Value

Last Sold November 15, 2012

Last sale price $3,188,000 $630 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $41,156/month

8 Days on Market

Highlights

  • Primary Bedroom Suite
  • Mountain View
  • Modern Architecture
  • Saratoga Elementary School Rated A
  • Marble Flooring
  • High Ceiling

About This Home

As of November 2012

Beautiful relatively new home in one of Saratoga's finest neighborhoods at the end of a private, quiet cul-de-sac, nearly level acre featuring an exclnt 1 level floorplan with the kitchen, breakfast, family rooms opening to an enormous backyard with an extensive lawn. "Great Room." Family bdrm wing with 4 bedrooms & 3 baths. Separate guest suite on other end of house. Sport court. Saratoga schools

Last Agent to Sell the Property

William Gorman

Coldwell Banker Realty License #01053691 Listed on: 10/22/2012

Coldwell Banker Realty

Last Buyer's Agent

Dominique Van Ryckeghem

Compass License #01707012

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $48,422

Year Built

  • Built in 1995

Lot Details

  • Kennel or Dog Run
  • Fenced
  • Level Lot
  • Zoning described as R1

Property Views

  • Mountain
  • Neighborhood

Home Design

  • Modern Architecture
  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,057 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Central Vacuum
  • High Ceiling
  • Skylights
  • Gas Log Fireplace
  • Double Pane Windows
  • Formal Entry
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Utility Room

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite
  • Sunken Shower or Bathtub
  • Bathtub with Shower
  • Walk-in Shower

Parking

  • Attached Garage
  • Garage Door Opener
  • Guest Parking

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Within 50 Feet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 397-18-095

Home Details

Home Type

Single Family

Est. Annual Taxes

$48,422

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Style: Modern / High Tech
  • Sale Price Per Sq Ft: 630.41
  • Level Street Main: 2 or more Primary Suites, Bedroom(s)
  • Listing Class: Residential
  • Structure Sq Ft: 5057
  • Builder Architect: Li
  • Barclay Horizontal: 24
  • Barclays Page: 82
  • Incorporated: Yes
  • Map Book Page: 872
  • Map Book Page Secondary: 82
  • Map Side Coordinate: 3
  • Map Side Coordinate Secondary: 56
  • Map Top Coordinate: F
  • Map Top Coordinate Secondary: 24
  • Thomas Bros Page: 872
  • Thomas Brothers: F3
  • Year Built: 1995
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Living Room, Gas Log, Gas Starter, Yes
  • Dining Room: Formal Dining Room, Breakfast Room
  • Kitchen: Pantry, Dishwasher, Cooktop, Refrigerator, Microwave, Oven - Built-In, Hookups - Gas
  • Living Sq Ft: 5057
  • Stories: 1
  • Bedrooms: Primary Suite / Retreate - 2+, Ground Floor Bedroom
  • Laundry: In Laundry Room, 220 Volt Outlet
  • Flooring: Tile, Carpet - Wall to Wall, Hardwood, Marble
  • Additional Rooms: Utility Room, Formal Entry
  • Maximum Bathrooms: 5
  • Minimum Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Bathroom: Showers over Tubs - 2+, Tubs - 2+, Stall Shower - 2+, Sunken Tub, Tub in Primary Bedroom

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Possible Site, Pool - No
  • Roof: Tile
  • View: Mountains, Local/Neighborhood
  • Yard/Grounds: Dog Run / Kennel, Fenced, Game Court Out/In
  • Exterior: Stucco

Garage/Parking

  • Garage Parking Features: Attached Garage, Gate / Door Opener, Guest / Visitor Parking

Utilities

  • Cooling System: Central AC
  • Heating System: Forced Air
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Double Pane Windows(s), High Ceiling, Wet Bar, Built-in Vacuum

Schools

  • High School: 264

Lot Info

  • Lot Description: Grade - Level, Grade - Sloped Up
  • Parcel Number: 397-18-095
  • Lot Location: Cul-de-Sac
  • List Price per Sq Ft: 652.36
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 47480.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 47480.00
  • Lot Size Area Min Search: 47480.00
  • Maximum Lot Size: 47480.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Green Features

  • Energy Features: Double Pane Windows, Skylight

Multi Family

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

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
Oct 22, 2012
Closed on
Nov 9, 2012
Sold by
Li Hungwen and Li Hung Ying S
Bought by
Liu Fang Yu and Chang Mei Fang
Seller's Agent
William Gorman
Coldwell Banker Realty
Buyer's Agent
Dominique Van Ryckeghem
Compass
List Price
$3,299,000
Sold Price
$3,188,000
Premium/Discount to List
-$111,000
-3.36%
Current Estimated Value
$7,092,070

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,904,070
Avg. Annual Appreciation
6.36%

Purchase Details

Closed on
Feb 17, 2010
Sold by
Li Hungwen and Li Hung Ying S
Bought by
Li Hungwen and Li Hung Ying S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.03%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 16, 2002
Sold by
Li Hungwen and Li Hung Ying S
Bought by
Li Hungwen and Li Hung Ying S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,000
Interest Rate
6.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 24, 2000
Sold by
Li Hungwen and Li Hung Ying S
Bought by
Li Hungwen and Li Hung Ying S

Purchase Details

Closed on
May 11, 1994
Sold by
August Alexander Michael and August Jean Ellen
Bought by
Li Hungwen and Li Hung Ying S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
8.53%
Mortgage Type
Purchase Money Mortgage
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
Liu Fang Yu $3,187,750 Old Republic Title Company
Li Hungwen -- Fidelity National Title Ins
Li Hungwen -- Fidelity National Title Co
Li Hungwen -- Chicago Title Co
Li Hungwen -- --
Li Hungwen $676,000 North American Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Li Hungwen $500,000
Previous Owner Li Hungwen $395,000
Previous Owner Li Hungwen $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2012 11/15/12 Sold $3,188,000 -3.4% $630 / Sq Ft
10/30/2012 10/30/12 Pending -- -- --
10/22/2012 10/22/12 For Sale $3,299,000 -- $652 / 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 $48,422 $4,182,980 $2,524,422 $1,658,558
2024 $48,422 $4,100,962 $2,474,924 $1,626,038
2023 $48,029 $4,020,552 $2,426,397 $1,594,155
2022 $47,041 $3,941,719 $2,378,821 $1,562,898
2021 $46,298 $3,864,431 $2,332,178 $1,532,253
2020 $45,349 $3,824,807 $2,308,265 $1,516,542
2019 $44,604 $3,749,811 $2,263,005 $1,486,806
2018 $43,850 $3,676,286 $2,218,633 $1,457,653
2017 $43,716 $3,604,203 $2,175,131 $1,429,072
2016 $42,489 $3,533,533 $2,132,482 $1,401,051
2015 $41,701 $3,480,457 $2,100,451 $1,380,006
2014 $38,438 $3,202,473 $2,059,307 $1,143,166
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81238649

MLSListings

APN: 397-18-095