NOT LISTED FOR SALE

Estimated Value: $5,152,961 - $5,951,000

5 Beds
4 Baths
3,931 Sq Ft
$1,423/Sq Ft Est. Value

Last Sold March 23, 2012

Last sale price $1,950,000 $496 Per Sq Ft

Est. 187% increase in value since last sale

Current estimated payment $31,682/month

Highlights

  • RV Access or Parking
  • Primary Bedroom Suite
  • Maid or Guest Quarters
  • Saratoga Elementary School Rated A
  • Mountain View
  • Fireplace in Primary Bedroom

About This Home

As of March 2012

Fabulous opportunity to own this unique home on over 1.2 park like acres in a much sought after location convenient to both Saratoga & Los Gatos! Main level features the majority of the living space including an office,guest bdrm & master suite,upstairs are 2 large bedrooms with an abundance of storage & full bath.Below the main level is a full separate apartment ideal for extended family & guests

Last Agent to Sell the Property

Brenda Miller

Compass License #00804691 Listed on: 03/23/2012

Compass

Last Buyer's Agent

Steven Herckt

License #01522460

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,745

Year Built

  • Built in 1900

Lot Details

  • Fenced
  • Lot Sloped Down
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Zoning described as R140

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Guest Parking
  • Off-Street Parking
  • RV Access or Parking

Home Design

  • Traditional Architecture
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,931 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • High Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Window Treatments
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Storage Room
  • Utility Room
  • Mountain Views
  • Intercom

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Maid or Guest Quarters
  • 4 Full Bathrooms
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Walk-in Shower

Outdoor Features

  • Deck
  • Patio
  • Barbecue Area

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Gas
  • 220 Volts
  • Sewer Within 50 Feet
  • Satellite Dish
  • Cable TV Available

Additional Features

  • Energy-Efficient Insulation
  • Dwelling with Separate Living Area

Listing and Financial Details

  • Assessor Parcel Number 397-20-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,745

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Traditional
  • Sale Price Per Sq Ft: 496.06
  • Level Street Main: 2 or more Primary Suites, Bedroom(s)
  • Listing Class: Residential
  • Structure Sq Ft: 3931
  • 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: 1900
  • Zoning Description: R140
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Living Room, Primary Bedroom, Wood Burning, Yes
  • Dining Room: Formal Dining Room, Eat in Kitchen
  • Kitchen: Cooktop, Garbage Disposal, Ovens - 2+, Trash Compactor, Oven - Built-In, 220 Volt Outlet, Hookups - Gas
  • Living Sq Ft: 3931
  • Stories: 2
  • Bedrooms: Primary Suite / Retreate - 2+, Ground Floor Bedroom
  • Laundry: In Laundry Room, 220 Volt Outlet
  • Flooring: Tile, Carpet - Wall to Wall, Hardwood
  • Additional Rooms: Utility Room, Den / Study / Office, Guest Quarters, Separate Living Unit, Storage
  • Maximum Bathrooms: 4
  • Minimum Bathrooms: 4
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Bathroom: Showers over Tubs - 2+, Tubs - 2+, Stall Shower - 2+, Tub in Primary Bedroom, Tub with Jets

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Pool Description: Pool - No
  • Roof: Composition
  • View: Mountains
  • Yard/Grounds: Patio(s), Tennis Court(s) - Possible, Sprinkler(s) - Front, Sprinkler(s) - Rear, Sprinklers - Auto, BBQ Area, Deck, Fenced, Game Court Out/In
  • Exterior: Wood

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Detached Garage, Gate / Door Opener, Guest / Visitor Parking, Off-Street Parking, RV/Boat Parking

Utilities

  • Cooling System: Central AC
  • Heating System: Heating - 2+ Zones, Forced Air, Gas
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Window Covering(s), High Ceiling, Wet Bar

Schools

  • High School: 264

Lot Info

  • Lot Description: Grade - Sloped Down
  • Parcel Number: 397-20-009
  • List Price per Sq Ft: 534.22
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 52272.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 52272.00
  • Lot Size Area Min Search: 52272.00
  • Maximum Lot Size: 52272.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Green Features

  • Energy Features: Insulation - Unknown, Skylight, Ceiling Fan(s)

Multi Family

  • Maximum Building Height: 2
  • Minimum Building Height: 2

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
Mar 29, 2015
Sold by
Gidwani Sanjay and Gidwani Shalini
Bought by
The Gidwani Family Trust
Current Estimated Value
$5,595,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,310,000
Outstanding Balance
$1,009,927
Interest Rate
3.78%
Mortgage Type
New Conventional
Estimated Equity
$4,585,563

Purchase Details

Closed on
Jul 3, 2013
Sold by
Gidwani Sanjay and Gidwani Shalini
Bought by
Gidwani Sanjay and Gidwani Shalini

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,360,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 23, 2012
Closed on
Apr 3, 2012
Sold by
Gidwani Sanjay and Gidwani Shalini S
Bought by
Gidwani Sanjay and Gidwani Shalini
Seller's Agent
Brenda Miller
Compass
Buyer's Agent
Brenda Miller
Compass
Sold Price
$1,950,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.05%
Original Mortgage
$1,390,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Mar 23, 2012
Closed on
Mar 21, 2012
Sold by
Bourque Margot
Bought by
Gidwani Sanjay and Gidwani Shalini S
Seller's Agent
Brenda Miller
Compass
Buyer's Agent
Brenda Miller
Compass
Sold Price
$1,950,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,390,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 30, 2006
Sold by
Bourque Margot
Bought by
Bourque Margot

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,600,000
Interest Rate
1.25%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Feb 9, 2006
Sold by
Bourque Margot
Bought by
Bourque Margot

Purchase Details

Closed on
Sep 10, 2003
Sold by
Bourque James B
Bought by
Bourque Margot

Purchase Details

Closed on
Jul 6, 2001
Sold by
Bourque James and Bourque Margot
Bought by
Bourque James and Bourque Margot

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,330,000
Interest Rate
7.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 19, 2001
Sold by
Harmon Stanley D and Harmon Bette G
Bought by
Bourque James and Bourque Margot

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,330,000
Interest Rate
7.66%
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
The Gidwani Family Trust -- Accommodation
Gidwani Sanjay -- Fidelity National Title Co
Gidwani Sanjay -- First American Title Company
Gidwani Sanjay -- First American Title Company
Gidwani Sanjay -- Fidelity National Title Co
Gidwani Sanjay $1,950,000 Fidelity National Title Co
Bourque Margot -- Chicago Title Company
Bourque Margot -- Chicago Title Company
Bourque Margot -- None Available
Bourque Margot -- --
Bourque James B -- --
Bourque James -- Stewart Title
Bourque James $1,900,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gidwani Sanjay $1,310,000
Closed Gidwani Sanjay $1,360,000
Closed Gidwani Sanjay $1,390,000
Previous Owner Bourque Margot $1,600,000
Previous Owner Bourque James $1,330,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/23/2012 03/23/12 Sold $1,950,000 -- $496 / 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 $28,745 $2,448,985 $1,836,727 $612,258
2024 $28,745 $2,400,966 $1,800,713 $600,253
2023 $28,481 $2,353,889 $1,765,405 $588,484
2022 $27,905 $2,307,736 $1,730,790 $576,946
2021 $27,453 $2,262,487 $1,696,853 $565,634
2020 $26,881 $2,239,289 $1,679,454 $559,835
2019 $26,432 $2,195,382 $1,646,524 $548,858
2018 $25,976 $2,152,337 $1,614,240 $538,097
2017 $25,967 $2,110,136 $1,582,589 $527,547
2016 $25,224 $2,068,761 $1,551,558 $517,203
2015 $24,653 $2,037,688 $1,528,253 $509,435
2014 $24,137 $1,997,773 $1,498,317 $499,456
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81210945

MLSListings

APN: 397-20-009