NOT LISTED FOR SALE

Estimated Value: $3,806,004 - $4,751,000

3 Beds
2 Baths
2,045 Sq Ft
$2,110/Sq Ft Est. Value

Last Sold June 01, 2016

Last sale price $2,765,000 $1,352 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $26,433/month

26 Days on Market

Highlights

  • Wine Cellar
  • Skyline View
  • Wood Flooring
  • Saratoga Elementary School Rated A
  • Deck
  • 2 Fireplaces

About This Home

As of June 2016

Serene 1.13 Acre Offers a True Sanctuary~Nestled Beneath Majestic Oaks with Tranquil CITY LIGHT VIEWS to Eastern Foothills~Highly-Coveted SARATOGA SCHOOLS~ Prestigious Enclave of Extraordinary Estates~Impressive Hi-End Remodel Exudes Timeless Appeal~Stunning Coved+Boxed Ceilings+Rich Walnut Hand-Hewned Flooring Enhance Designer Interiors~Exquisite Craftsmanship Defines Custom Built-In Cabinetry~Elegant Liv Rm Welcomes the Outdoors with Walls of Windows, Capturing Views&Accessing Expansive Hi-Tech Decking for Entertaining+Dining Under the Stars Superb Gourmet Kitchen Includes Pro-Thermador Appliances, Exquisite Granite Slab Counters&Breakfast Bar~Adjacent Family Room Boasts Remote-Control Fireplace,Built-In Bookcases+Media Center~Romantic MasterSuite+Spa Bath~Great Laundry Room/Custom Cabs~500 Bottle Thermostat Controlled Wine Room~Oversize Garage/ Storage~Fenced Dog Run/OutdoorSink+Potting Area~Room4Pool~RENDERINGS 4 ADD-ON POSSIBILITIES~DON'T MISS Private"NaturePark" Across Road

Last Agent to Sell the Property

Lucy Wedemeyer

Christie's International Real Estate Sereno License #00640875 Listed on: 04/01/2016

Christie's International Real Estate Sereno

Co-Listed By

Keith Andry

Christie's International Real Estate Sereno License #01470138

Last Buyer's Agent

Kevin Shams

Kevin Shams, Broker License #01505787

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $37,933

Year Built

  • Built in 1958

Lot Details

  • 1.2 Acre Lot
  • Kennel or Dog Run
  • Fenced
  • Lot Sloped Down
  • Sprinklers on Timer
  • Zoning described as R140

Parking

  • 3 Car Garage
  • Guest Parking

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,045 Sq Ft Home
  • 1-Story Property
  • Skylights in Kitchen
  • 2 Fireplaces
  • Fireplace With Gas Starter
  • Formal Entry
  • Wine Cellar
  • Separate Family Room
  • Formal Dining Room
  • Skyline Views
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Built-In Self-Cleaning Double Oven
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Dual Sinks
  • Walk-in Shower

Outdoor Features

  • Deck
  • Barbecue Area

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 397-11-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,933

Year Built

Built in 1958

Lot Details

0

Parking

3

Listing Details

  • Subclass: Single Family Home
  • Age: 58
  • Listing Class: Residential
  • Structure Sq Ft: 2045
  • Year Built: 1958
  • Zoning Description: R140
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Starter
  • Dining Room: Breakfast Bar, Formal Dining Room, Skylight
  • Kitchen: 220 Volt Outlet, Cooktop - Electric, Countertop - Granite, Dishwasher, Garbage Disposal, Hookups - Gas, Microwave, Oven - Built-In, Oven - Double, Oven - Electric, Oven - Self Cleaning, Pantry, Refrigerator, Skylight
  • Living Sq Ft: 2045
  • Stories: 1
  • Laundry: Hookup - Electric, Hookup - Washer/Dryer
  • Flooring: Carpet, Hardwood, Stone
  • Additional Rooms: Formal Entry, Laundry Room, Wine Cellar / Storage
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Skylight, Stall Shower
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Composition
  • Yard/Grounds: BBQ Area, Deck, Dog Run / Kennel, Fenced, Sprinklers - Auto, Sprinklers - Lawn

Garage/Parking

  • Garage Spaces: 3
  • Garage Max: 3
  • Garage Min: 3
  • Garage Parking Features: Attached Garage, Guest / Visitor Parking

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Skylight

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

  • Lot Description: Grade - Gently Sloped, Grade - Sloped Down
  • Parcel Number: 397-11-002
  • Lot Acres: 1.2000
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 52269.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 52269.00

Multi Family

  • Utilities: Public Utilities

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
Apr 1, 2016
Closed on
May 24, 2016
Sold by
Forney Richard E and Forney Linda N
Bought by
Buciak David J
Seller's Agent
Lucy Wedemeyer
Christie's International Real Estate Sereno
Buyer's Agent
Kevin Shams
Kevin Shams, Broker
List Price
$2,650,000
Sold Price
$2,765,000
Premium/Discount to List
$115,000
4.34%
Current Estimated Value
$4,385,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,620,155
Avg. Annual Appreciation
5.05%
Original Mortgage
$2,000,000
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2007
Sold by
Johnson David P and Ferrero Chelse
Bought by
Forney Richard E and Forney Linda N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.16%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 2, 2005
Sold by
Kovac Nickie
Bought by
Johnson David P and Ferrero Chelse

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,128,000
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 13, 2001
Sold by
Kovac Nickie
Bought by
Kovac Nickie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 28, 1997
Sold by
Nickie Kovac
Bought by
Kovac Nickie
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
Buciak David J $2,765,000 First American Title Company
Forney Richard E $2,194,500 Stewart Title Of Ca Inc
Johnson David P $1,880,000 First American Title Company
Kovac Nickie -- Alliance Title Company
Kovac Nickie -- Alliance Title Company
Kovac Nickie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Buciak David J $1,800,000
Closed Buciak David J $2,000,000
Previous Owner Forney Richard E $1,100,000
Previous Owner Forney Richard E $1,100,000
Previous Owner Forney Linda N $250,000
Previous Owner Forney Richard E $1,100,000
Previous Owner Johnson David P $150,000
Previous Owner Johnson David P $1,128,000
Previous Owner Kovac Nickie $250,000
Previous Owner Kovac Nickie $322,500
Previous Owner Kovac Nickie $275,000
Previous Owner Kovac Nickie $326,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2016 06/01/16 Sold $2,765,000 +4.3% $1,352 / Sq Ft
04/28/2016 04/28/16 Pending -- -- --
04/20/2016 04/20/16 For Sale $2,650,000 0.0% $1,296 / Sq Ft
04/11/2016 04/11/16 Pending -- -- --
04/01/2016 04/01/16 For Sale $2,650,000 -- $1,296 / 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 $37,933 $3,273,193 $2,604,351 $668,842
2024 $37,933 $3,209,014 $2,553,286 $655,728
2023 $37,618 $3,146,093 $2,503,222 $642,871
2022 $36,852 $3,084,406 $2,454,140 $630,266
2021 $36,260 $3,023,928 $2,406,020 $617,908
2020 $35,520 $2,992,923 $2,381,350 $611,573
2019 $34,947 $2,934,239 $2,334,657 $599,582
2018 $34,360 $2,876,706 $2,288,880 $587,826
2017 $34,205 $2,820,300 $2,244,000 $576,300
2016 $9,181 $721,167 $350,834 $370,333
2015 $8,983 $710,336 $345,565 $364,771
2014 $8,779 $696,422 $338,796 $357,626
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81578231

MLSListings

APN: 397-11-002