NOT LISTED FOR SALE

Estimated Value: $5,287,000 - $5,858,944

5 Beds
3.5 Baths
3,462 Sq Ft
$1,611/Sq Ft Est. Value

Last Sold May 30, 2017

Last sale price $3,450,000 $997 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $32,972/month

16 Days on Market

Highlights

  • Private Pool
  • Wood Flooring
  • Workshop
  • Saratoga Elementary School Rated A
  • Breakfast Area or Nook
  • Formal Dining Room

About This Home

As of May 2017

This classic Mid-Century Saratoga home features 5 bedrooms, 3 1/2 bathrooms with +/-3462 square feet of living space. Separate Living Room, Dining Room, Family Room and Kitchen Nook opening to spacious Kitchen. An expansive beautiful back yard featuring a swimming pool/spa, patio, built in BBQ and manicured lawns for all of your entertaining. This home is situated on a very private, quiet and serene 1.04 flat acre surrounded by tress at the end of a cul-de-sac. Located near downtown Saratoga for all your shopping, 5-star dining and top rated Saratoga Schools.

Last Agent to Sell the Property

Jonathan Perez

Intero Real Estate Services License #01734486 Listed on: 04/13/2017

Intero Real Estate Services

Last Buyer's Agent

Yvonne Casteel

Coldwell Banker Realty License #01410996

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $45,255

Year Built

  • 1966

Lot Details

  • 1.04 Acre Lot
  • Property is Fully Fenced
  • Pie Shaped Lot
  • Level Lot
  • Sprinklers on Timer
  • Back Yard

Parking

  • 3 Car Attached Garage
  • Workshop in Garage
  • Garage Door Opener

Home Design

  • Wood Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,462 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Formal Entry
  • Separate Family Room
  • Formal Dining Room
  • Workshop
  • Storage Room

Kitchen

  • Breakfast Area or Nook
  • Double Oven
  • Electric Oven
  • Electric Cooktop
  • Dishwasher
  • Tile Countertops

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Dual Sinks
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry Tub
  • Washer and Dryer Hookup

Outdoor Features

  • Private Pool
  • Balcony
  • Barbecue Area

Utilities

  • Forced Air Zoned Heating System
  • Vented Exhaust Fan
  • Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$45,255

Year Built

1966

Lot Details

0

Parking

3

Listing Details

  • Zoning: R140
  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 3462
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1966

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Starter, Wood Burning
  • Dining Room: Breakfast Nook, Formal Dining Room
  • Kitchen: Cooktop - Electric, Countertop - Tile, Dishwasher, Exhaust Fan, Oven - Double, Oven - Electric, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 3462
  • Stories: 2
  • Laundry: Hookup - Washer/Dryer, Tub / Sink
  • Flooring: Carpet, Hardwood, Vinyl / Linoleum
  • Additional Rooms: Formal Entry, Laundry Room, Storage, Workshop
  • Fireplaces Min: 1
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Bathroom: Double Sinks, Shower And Tub, Stall Shower, Tile

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Pool Description: Yes
  • Roof: Wood Shakes / Shingles
  • Yard/Grounds: Back Yard, Balcony / Patio, Bbq Area, Fenced, Sprinklers - Auto, Sprinklers - Lawn
  • Fencing: Complete Perimeter, Fenced
  • Pool: Pool - Heated, Pool - In Ground, Pool / Spa Combo

Garage/Parking

  • Garage Spaces: 3
  • Garage Parking Features: Attached Garage, Covered Parking, Gate / Door Opener, Workshop In Garage

Utilities

  • Heating System: Central Forced Air - Gas, Heating - 2+ Units, Heating - 2+ Zones
  • Sewer/Septic System: Septic Standard

Lot Info

  • Lot Description: Grade - Level, Pie Shaped
  • Lot Acres: 1.0400
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 45302.40
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 45302.40

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2017
Closed on
Jul 14, 2017
Sold by
Gerstner Dan and Gerstner Silvia
Bought by
Gerstner Eliot and Chen Jingran
Seller's Agent
Jonathan Perez
Intero Real Estate Services
Buyer's Agent
Yvonne Casteel
Coldwell Banker Realty
List Price
$3,650,000
Sold Price
$3,450,000
Premium/Discount to List
-$200,000
-5.48%
Current Estimated Value
$5,578,736

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,128,736
Avg. Annual Appreciation
5.87%

Purchase Details

Listed on
Apr 13, 2017
Closed on
May 3, 2017
Sold by
14880 Farwell Llc
Bought by
Gerstner Dan and Gerstner Silvia
Seller's Agent
Jonathan Perez
Intero Real Estate Services
Buyer's Agent
Yvonne Casteel
Coldwell Banker Realty
List Price
$3,650,000
Sold Price
$3,450,000
Premium/Discount to List
-$200,000
-5.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,242,500
Outstanding Balance
$1,897,191
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,681,545

Purchase Details

Closed on
Feb 14, 2017
Sold by
Little Patrick W and Little Andrea M Muro
Bought by
14880 Farwell Llc

Purchase Details

Listed on
Feb 3, 2014
Closed on
Feb 24, 2014
Sold by
Desmet Richard C
Bought by
Little Patrick W and Muro Little Andrea M
Seller's Agent
Ed Graziani
Christie's International Real Estate Sereno
Buyer's Agent
Teri Nelson
Intero Real Estate Services
List Price
$3,868,000
Sold Price
$3,500,000
Premium/Discount to List
-$368,000
-9.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.10%
Original Mortgage
$1,750,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 29, 1996
Sold by
Morrison Grant E and Morrison Mardys
Bought by
Desmet Richard C and Desmet Gail
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
Gerstner Eliot -- None Available
Gerstner Dan $3,450,000 Chicago Title Company
14880 Farwell Llc -- None Available
Little Patrick W $3,500,000 Chicago Title Company
Desmet Richard C $807,000 Santa Clara Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gerstner Dan $2,242,500
Previous Owner Little Patrick W $1,750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/30/2017 05/30/17 Sold $3,450,000 -5.5% $997 / Sq Ft
04/30/2017 04/30/17 Pending -- -- --
04/13/2017 04/13/17 For Sale $3,650,000 +4.3% $1,054 / Sq Ft
03/25/2014 03/25/14 Sold $3,500,000 -9.5% $1,011 / Sq Ft View Prior Sale
02/17/2014 02/17/14 Pending -- -- --
02/03/2014 02/03/14 For Sale $3,868,000 -- $1,117 / 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 $45,255 $3,964,822 $3,102,906 $861,916
2024 $45,255 $3,887,081 $3,042,065 $845,016
2023 $44,877 $3,810,865 $2,982,417 $828,448
2022 $43,942 $3,736,143 $2,923,939 $812,204
2021 $43,272 $3,662,886 $2,866,607 $796,279
2020 $42,405 $3,625,329 $2,837,214 $788,115
2019 $41,731 $3,554,245 $2,781,583 $772,662
2018 $41,046 $3,487,329 $2,729,214 $758,115
2017 $44,380 $3,696,856 $2,851,861 $844,995
2016 $43,165 $3,624,370 $2,795,943 $828,427
2015 $42,382 $3,569,930 $2,753,946 $815,984
2014 $2,906 $225,933 $76,872 $149,061
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81646659

MLSListings

APN: 397-18-061