NOT LISTED FOR SALE

Estimated Value: $7,744,174 - $9,980,000

5 Beds
5.5 Baths
5,140 Sq Ft
$1,648/Sq Ft Est. Value

Last Sold May 22, 2015

Last sale price $5,600,000 $1,089 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $50,829/month

3 Days on Market

Highlights

  • Guest House
  • Wine Cellar
  • Vaulted Ceiling
  • Saratoga Elementary School Rated A
  • Heated Pool
  • Marble Flooring

About This Home

As of May 2015

Exceptionally designed and built custom estate home. Sited on 1+/- manicured acres in one of Saratoga's most highly sought after neighborhoods. Very exclusive gated street. 5,140+/- SF of living area in the main house plus 583+/- SF of living area in the custom pool/guest house. Total living area square footage equals 5,723+/- SF. Soaring ceilings. Bright and open floor plan. Amazing grounds with custom pool, pizza oven/BBQ, custom stone walkways and patios, lush gardens... Award winning Saratoga schools!

Last Agent to Sell the Property

David Welton

Compass License #00922957 Listed on: 05/11/2015

Compass

Last Buyer's Agent

Shawn Luo

AEZ Investment, Inc. License #01853029

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $77,839

Year Built

  • Built in 1990

Lot Details

  • 1 Acre Lot
  • Wood Fence
  • Level Lot
  • Sprinklers on Timer
  • Back Yard
  • Zoning described as R140

Parking

  • 3 Car Attached Garage
  • 1 Carport Space
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Wood Frame Construction
  • Shake Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,140 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Entertainment System
  • Wired For Sound
  • Beamed Ceilings
  • Vaulted Ceiling
  • 4 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Wine Cellar
  • Separate Family Room
  • Formal Dining Room
  • Crawl Space

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Electric Oven
  • Self-Cleaning Oven
  • Gas Cooktop
  • Warming Drawer
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • Marble Bathroom Countertops
  • Granite Bathroom Countertops
  • Dual Sinks
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Home Security

  • Intercom
  • Alarm System
  • Fire and Smoke Detector

Pool

  • Heated Pool
  • Spa
  • Outside Bathroom Access
  • Pool Sweep

Outdoor Features

  • Balcony
  • Outdoor Fireplace
  • Outdoor Kitchen
  • Barbecue Area

Additional Homes

  • Guest House
  • 583 SF Accessory Dwelling Unit

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Vented Exhaust Fan
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 397-18-101

Home Details

Home Type

Single Family

Est. Annual Taxes

$77,839

Year Built

Built in 1990

Lot Details

0

Parking

3

Listing Details

  • Subclass: Single Family Home
  • Style: Traditional
  • Listing Class: Residential
  • Second Res Apx Sq Ft: 583
  • Structure Sq Ft: 5140
  • Year Built: 1990
  • Zoning Description: R140
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Burning, Gas Starter, Wood Burning
  • Dining Room: Breakfast Bar, Breakfast Nook, Formal Dining Room
  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Exhaust Fan, Freezer, Garbage Disposal, Ice Maker, Island with Sink, Microwave, Oven - Electric, Oven - Self Cleaning, Pantry, Refrigerator, Trash Compactor, Warming Drawer
  • Living Sq Ft: 5140
  • Stories: 2
  • Security: Fire Alarm, Security Alarm
  • Laundry: Hookup - Washer/Dryer
  • Flooring: Carpet, Hardwood, Marble
  • Additional Rooms: Guest House, Laundry Room, Wine Cellar / Storage
  • Fireplaces Min: 4
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Bathroom: Double Sinks, Granite, Pass Through, Marble, Outside Access, Shower and Tub, Stall Shower, Tub with Jets
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab, Crawl Space
  • Pool Description: Pool - Heated, Spa / Hot Tub, Pool - Sweep
  • Roof: Shake
  • Yard/Grounds: Back Yard, Balcony / Patio, BBQ Area, Fenced, Outdoor Fireplace, Outdoor Kitchen, Sprinklers - Auto, Sprinklers - Lawn
  • Pool: Yes
  • Fencing: Wood
  • Construction Type: Brick, Wood Frame

Garage/Parking

  • Garage Spaces: 3
  • Garage Parking Features: Attached Garage, Carport, Gate / Door Opener
  • Carport Min: 1

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Open Beam Ceiling, Vaulted Ceiling, Video / Audio System, Walk-in Closet, Wet Bar

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 397-18-101
  • Lot Acres: 1.0000
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 41818.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 41818.00

Multi Family

  • Utilities: Public Utilities
  • Second Unit Description: GUEST HOUSE

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2015
Closed on
Apr 3, 2015
Sold by
Harris Nick and Harris Ellen G
Bought by
Gong Jiantang
Seller's Agent
David Welton
Compass
Buyer's Agent
Shawn Luo
AEZ Investment, Inc.
List Price
$4,999,000
Sold Price
$5,600,000
Premium/Discount to List
$601,000
12.02%
Current Estimated Value
$8,471,544

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,871,544
Avg. Annual Appreciation
4.04%

Purchase Details

Closed on
Sep 12, 2006
Sold by
Harris Nick and Harris Ellen G
Bought by
Harris Nick and Harris Ellen G

Purchase Details

Closed on
Sep 12, 2003
Sold by
Harris Nick and Harris Ellen G
Bought by
Harris Nick and Harris Ellen G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 14, 2001
Sold by
Harris Nick and Harris Ellen G
Bought by
Harris Nick and Harris Ellen G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
7.25%

Purchase Details

Closed on
Jan 24, 2001
Sold by
Harris Nick and Harris Ellen G
Bought by
Harris Nick and Harris Ellen G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
7.25%

Purchase Details

Closed on
Nov 2, 1999
Sold by
Harris Nick and Harris Ellen G
Bought by
Harris Nick and Harris Ellen G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
3.45%

Purchase Details

Closed on
Oct 18, 1999
Sold by
Bregante Richard J and Bregante Judy P
Bought by
Harris Nick and Harris Ellen G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
3.45%
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
Gong Jiantang $5,600,000 Fidelity National Title Co
Harris Nick -- None Available
Harris Nick -- First American Title Co
Harris Nick -- First American Title Co
Harris Nick -- First American Title Guarant
Harris Nick -- First American Title Guarant
Harris Nick -- --
Harris Nick $3,600,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Harris Nick $975,000
Previous Owner Harris Nick $1,100,000
Previous Owner Harris Nick $1,100,000
Closed Harris Nick $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/22/2015 05/22/15 Sold $5,600,000 +12.0% $1,089 / Sq Ft
05/14/2015 05/14/15 Pending -- -- --
05/11/2015 05/11/15 For Sale $4,999,000 -- $973 / 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 $77,839 $6,730,353 $3,966,101 $2,764,252
2024 $77,839 $6,598,386 $3,888,335 $2,710,051
2023 $77,257 $6,469,007 $3,812,094 $2,656,913
2022 $75,666 $6,342,165 $3,737,348 $2,604,817
2021 $74,482 $6,217,810 $3,664,067 $2,553,743
2020 $72,963 $6,154,055 $3,626,497 $2,527,558
2019 $71,773 $6,033,389 $3,555,390 $2,477,999
2018 $70,569 $5,915,088 $3,485,677 $2,429,411
2017 $70,363 $5,799,107 $3,417,331 $2,381,776
2016 $68,391 $5,685,400 $3,350,325 $2,335,075
2015 $53,248 $4,434,000 $2,342,700 $2,091,300
2014 -- $4,409,500 $2,329,800 $2,079,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81464465

MLSListings

APN: 397-18-101