NOT LISTED FOR SALE

Estimated Value: $6,423,000 - $7,342,589

5 Beds
7 Baths
5,569 Sq Ft
$1,216/Sq Ft Est. Value

Last Sold October 05, 2022

Last sale price $5,450,000 $979 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $39,754/month

62 Days on Market

Highlights

  • In Ground Spa
  • Primary Bedroom Suite
  • Custom Home
  • Saratoga Elementary School Rated A
  • Panoramic View
  • Updated Kitchen

About This Home

As of October 2022

The estate features 5,569 square feet of home, 5 en-suite bedrooms, 1 office, 7 bathrooms, and 4 fireplaces.

Last Agent to Sell the Property

Cliff Hsia

Coldwell Banker Realty License #01867493 Listed on: 07/05/2022

Coldwell Banker Realty

Last Buyer's Agent

Anne Moran

License #01139184

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $51,834

Year Built

  • Built in 1997 | Remodeled

Lot Details

  • 2.75 Acre Lot
  • Landscaped
  • Sprinkler System
  • Garden
  • Property is zoned R140

Parking

  • 3 Car Direct Access Garage
  • Parking Available
  • Three Garage Doors
  • Brick Driveway
  • Automatic Gate

Property Views

  • Panoramic
  • City Lights
  • Woods
  • Mountain

Home Design

  • Custom Home
  • Contemporary Architecture
  • Turnkey

Interior Spaces

  • 5,569 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Bar
  • Crown Molding
  • Wainscoting
  • Coffered Ceiling
  • Cathedral Ceiling
  • Skylights
  • Recessed Lighting
  • Plantation Shutters
  • Formal Entry
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Dining Room
  • Home Office
  • Library
  • Bonus Room with Fireplace
  • Storage
  • Home Gym

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Butlers Pantry
  • Double Oven
  • Six Burner Stove
  • Built-In Range
  • Range Hood
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Pots and Pans Drawers

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • Maid or Guest Quarters
  • In-Law or Guest Suite
  • Bathroom on Main Level
  • Stone Bathroom Countertops
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower
  • Linen Closet In Bathroom
  • Closet In Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Alarm System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Outdoor Features

  • In Ground Spa
  • Balcony
  • Fireplace in Patio
  • Outdoor Grill

Schools

  • Saratoga High School

Utilities

  • Two cooling system units
  • Forced Air Zoned Heating and Cooling System
  • 220 Volts in Garage
  • Natural Gas Connected
  • Water Heater
  • Water Purifier
  • Water Softener

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 51722118
  • $1,024 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Foothills

Recreation

  • Hiking Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$51,834

Year Built

Built in 1997 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Fire and Smoke Detection System, Fire Sprinkler System, Security System, Smoke Detector(s), Wired for Alarm System
  • View: Yes
  • Zoning: R140
  • Architectural Style: Contemporary, Custom Built
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 51722118
  • Year Built: 1997
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5569.00 Square Feet
  • Interior Amenities: Balcony, Bar, Built-in Features, Cathedral Ceiling(s), Coffered Ceiling(s), Crown Molding, Granite Counters, High Ceilings, In-Law Floorplan, Living Room Deck Attached, Open Floorplan, Pantry, Recessed Lighting, Storage, Sunken Living Room, Two Story Ceilings, Wainscoting, Wet Bar
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Room, In Kitchen
  • Fireplace Features: Bonus Room, Family Room, Living Room, Master Bedroom, Patio
  • Levels: Two
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 978.63
  • Room Type: Bonus Room, Exercise Room, Family Room, Formal Entry, Foyer, Great Room, Guest/Maid's Quarters, Kitchen, Laundry, Library, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Master Suite, Office, Separate Family Room, Walk-In Closet, Walk-In Pantry
  • Spa Features: In Ground
  • Window Features: Plantation Shutters, Skylight(s)
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Closet In Bathroom, Double Sinks In Master Bath, Linen Closet/Storage, Main Floor Full Bath, Remodeled, Stone Counters, Upgraded, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Butler's Pantry, Granite Counters, Kitchen Island, Kitchen Open To Family Room, Pots & Pan Drawers, Remodeled Kitchen, Walk-In Pantry

Exterior Features

  • View: City Lights, Mountain(s), Panoramic, Trees/Woods
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway - Brick, Garage - Three Door
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Barbecue, Built-In Range, Dishwasher, Double Oven, Freezer, Ice Maker, Microwave, Range Hood, Refrigerator, Water Heater, Water Purifier, Water Softener
  • Electric: 220 Volts in Garage
  • Heating Type: Central, Forced Air, Zoned
  • Laundry Features: Dryer Included, Individual Room, Inside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Dual, Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Foothills, Hiking

Schools

  • High School: Saratoga
  • High School2: SARATO

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Garden, Landscaped, Lot Over 40000 Sqft, Sprinkler System
  • Lot Size Sq Ft: 119790.00
  • Lot Size Acres: 2.7500
  • Latitude Manual: 37.24745800

Multi Family

  • Lease Considered: No
  • Lot Size Area: 119790.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5073.02
  • Tax Lot: 2
  • TaxOtherAnnualAssessmentAmount: 1024.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2022
Closed on
Sep 29, 2022
Sold by
Han Ruiling
Bought by
Parulkar Family Revocable Trust
Seller's Agent
Cliff Hsia
Coldwell Banker Realty
Buyer's Agent
Anne Moran
Keller Williams Palo Alto
List Price
$7,500,000
Sold Price
$5,450,000
Premium/Discount to List
-$2,050,000
-27.33%
Views
11
Current Estimated Value
$6,769,897

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,319,897
Avg. Annual Appreciation
7.30%
Original Mortgage
$3,815,000
Outstanding Balance
$3,658,234
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$3,111,663

Purchase Details

Closed on
Jun 9, 2021
Sold by
He We and Han Ruiling
Bought by
Han Ruling

Purchase Details

Listed on
Jun 27, 2016
Closed on
Jul 25, 2017
Sold by
Mangla Vishal and Mangla Ritu Vishal
Bought by
He Wei and Han Rulling
Seller's Agent
Steve Cooper
KW Bay Area Estates
Buyer's Agent
Kai Huang
Maxreal
List Price
$5,998,000
Sold Price
$4,600,000
Premium/Discount to List
-$1,398,000
-23.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.78%

Purchase Details

Listed on
Jan 12, 2015
Closed on
Feb 18, 2015
Sold by
Smith Mark S
Bought by
The Mangla Family Trust
Seller's Agent
Dominic Nicoli
Intero Real Estate Services
Buyer's Agent
Renuka Chainani
Intero Real Estate Services
List Price
$4,748,000
Sold Price
$4,495,000
Premium/Discount to List
-$253,000
-5.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.96%
Original Mortgage
$2,921,750
Interest Rate
2.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 1, 2009
Sold by
Smith Deborah R
Bought by
Smith Mark S

Purchase Details

Closed on
Apr 9, 2009
Sold by
Smith Mark S and Smith Deborah R
Bought by
Smith Mark S and Smith Deborah R

Purchase Details

Closed on
Oct 17, 2003
Sold by
Patterson Robert M and Olsen Joanne B
Bought by
Smith Mark S and Smith Deborah R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$423,000
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 13, 1995
Sold by
Patterson Robert M and Olsen Joanne
Bought by
Patterson Robert M and Olsen Joanne B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
8%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 15, 1994
Sold by
James E Roberts Ohbayashi Corp
Bought by
Patterson Robert M and Olsen Joanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,000
Interest Rate
7.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 14, 1994
Sold by
T D Service Company
Bought by
James E Roberts Ohbayashi Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,000
Interest Rate
7.21%
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
Parulkar Family Revocable Trust $5,450,000 Old Republic Title
Han Ruling -- None Available
He Wei $4,600,000 Orange Coast Title
The Mangla Family Trust $4,495,000 Orange Coast Title
Smith Mark S -- None Available
Smith Mark S -- None Available
Smith Mark S $5,959,000 Fidelity National Title Ins
Patterson Robert M -- North American Title Company
Patterson Robert M $585,000 North American Title Co Inc
James E Roberts Ohbayashi Corp $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parulkar Family Revocable Trust $3,815,000
Previous Owner The Mangla Family Trust $2,921,750
Previous Owner Smith Mark S $423,000
Previous Owner Patterson Robert M $650,000
Previous Owner Patterson Robert M $351,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/05/2022 10/05/22 Sold $5,450,000 -6.5% $979 / Sq Ft
09/06/2022 09/06/22 Pending -- -- --
09/01/2022 09/01/22 Price Changed $5,830,000 -15.4% $1,047 / Sq Ft
08/11/2022 08/11/22 Price Changed $6,890,000 -8.1% $1,237 / Sq Ft
07/05/2022 07/05/22 For Sale $7,500,000 +63.0% $1,347 / Sq Ft
07/28/2017 07/28/17 Sold $4,600,000 -1.8% $826 / Sq Ft View Prior Sale
07/17/2017 07/17/17 Pending -- -- --
06/01/2017 06/01/17 Price Changed $4,685,000 -21.9% $841 / Sq Ft
06/27/2016 06/27/16 For Sale $5,998,000 +33.4% $1,077 / Sq Ft
02/24/2015 02/24/15 Sold $4,495,000 -5.3% $807 / Sq Ft View Prior Sale
01/17/2015 01/17/15 Pending -- -- --
01/12/2015 01/12/15 For Sale $4,748,000 -- $853 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $51,834 $4,474,119 $3,121,377 $1,352,742
2024 $51,834 $4,386,392 $3,060,174 $1,326,218
2023 $64,902 $5,450,000 $4,200,000 $1,250,000
2022 $58,830 $4,932,127 $3,431,046 $1,501,081
2021 $57,911 $4,835,420 $3,363,771 $1,471,649
2020 $56,731 $4,785,840 $3,329,280 $1,456,560
2019 $55,808 $4,692,000 $3,264,000 $1,428,000
2018 $54,873 $4,600,000 $3,200,000 $1,400,000
2017 $56,395 $4,654,818 $3,106,665 $1,548,153
2016 $54,826 $4,563,548 $3,045,750 $1,517,798
2015 $83,876 $7,049,532 $4,732,027 $2,317,505
2014 $63,676 $5,342,700 $3,586,300 $1,756,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC22142905

California Regional Multiple Listing Service (CRMLS)

APN: 517-22-118