NOT LISTED FOR SALE

Estimated Value: $4,100,481 - $5,739,000

5 Beds
3 Baths
3,025 Sq Ft
$1,562/Sq Ft Est. Value

Last Sold August 04, 2012

Last sale price $1,860,000 $615 Per Sq Ft

Est. 154% increase in value since last sale

Current estimated payment $27,397/month

58 Days on Market

Highlights

  • Primary Bedroom Suite
  • Granite Flooring
  • Fireplace in Primary Bedroom
  • Saratoga Elementary School Rated A
  • Mountain View
  • Breakfast Area or Nook

About This Home

As of August 2012

HUGE price deduction ($200K) after TFT! Beautiful home on 1+ acre in the best of Sobey Rd area. Saratoga-Los Gatos School District/Saratoga Schools. Recently remodeled home featuring mahogany floors, designer paint, high-end appliances, and more. Beautiful backyard with room for pool or tennis court. Must see to fully appreciate. The best value in Saratoga. Termite clearance.

Last Agent to Sell the Property

Sasha Lunginovic

Montalvo Realty License #01136628 Listed on: 05/09/2012

Last Buyer's Agent

Judy Wang

RE/Max Accord License #00998627

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,069

Year Built

  • Built in 1948

Lot Details

  • Lot Sloped Up
  • Front and Back Yard Sprinklers
  • Zoning described as R140

Parking

  • Attached Garage

Property Views

  • Mountain
  • Neighborhood

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,025 Sq Ft Home
  • 1-Story Property
  • Skylights
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Granite
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • 3 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Outdoor Features

  • Patio

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Thermostat
  • 220 Volts
  • Tankless Water Heater
  • Sewer Within 50 Feet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 397-07-038

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,069

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch
  • Sale Price Per Sq Ft: 614.88
  • Listing Class: Residential
  • Structure Sq Ft: 3025
  • Barclay Horizontal: 26
  • Barclays Page: 83
  • Incorporated: Yes
  • Map Book Page: 872
  • Map Book Page Secondary: 83
  • Map Side Coordinate: 4
  • Map Side Coordinate Secondary: 55
  • Map Top Coordinate: H
  • Map Top Coordinate Secondary: 26
  • Thomas Bros Page: 872
  • Thomas Brothers: H4
  • Year Built: 1948
  • 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: Dining Area in Living Room, Breakfast Nook
  • Kitchen: Dishwasher, Garbage Disposal, Refrigerator, Oven Range - Built-In, 220 Volt Outlet, Hookups - Gas
  • Living Sq Ft: 3025
  • Stories: 1
  • Bedrooms: Primary Suite / Retreat
  • Laundry: 220 Volt Outlet
  • Flooring: Tile, Carpet - Wall to Wall, Granite, Hardwood
  • Maximum Bathrooms: 3
  • Minimum Bathrooms: 3
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Bathroom: Showers over Tubs - 2+, Tubs - 2+, Stall Shower - 2+, Tub in Primary Bedroom

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Pool - No
  • Roof: Composition
  • View: Mountains, Local/Neighborhood
  • Yard/Grounds: Patio(s), Tennis Court(s) - Possible, Sprinkler(s) - Front, Sprinkler(s) - Rear
  • Exterior: Wood

Garage/Parking

  • Garage Parking Features: Attached Garage

Utilities

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

Lot Info

  • Lot Description: Grade - Sloped Up
  • Parcel Number: 397-07-038
  • List Price per Sq Ft: 594.71
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 47480.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 47480.00
  • Lot Size Area Min Search: 47480.00
  • Maximum Lot Size: 47480.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Green Features

  • Energy Features: Skylight, Thermostat Controller, Tankless Water Heater

Multi Family

  • Maximum Building Height: 1
  • Minimum Building Height: 1

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 28, 2020
Sold by
Huey Kevin Y and Huey Linh L
Bought by
Huey Kevin Y and Huey Linh L
Current Estimated Value
$4,723,870

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,400
Outstanding Balance
$366,050
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$4,357,820

Purchase Details

Closed on
Feb 28, 2013
Sold by
Huey Kevin Y and Huey Linh
Bought by
Huey Kevin Y and Huey Linh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 20, 2013
Sold by
Huey Kevin Y and Huey Linh L
Bought by
Huey Kevin Y and Huey Linh L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 9, 2012
Closed on
Jul 17, 2012
Sold by
Belgrade Capital Partners Llc
Bought by
Huey Kevin and Huey Linh
Seller's Agent
Sasha Lunginovic
Montalvo Realty
Buyer's Agent
Judy Wang
RE/Max Accord
List Price
$1,799,000
Sold Price
$1,860,000
Premium/Discount to List
$61,000
3.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.29%
Original Mortgage
$1,100,000
Outstanding Balance
$729,968
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$3,993,902

Purchase Details

Closed on
Oct 6, 2011
Sold by
Sridhar Madhu and Sridhar Anjali
Bought by
Belgrade Capital Partners Llc

Purchase Details

Closed on
Feb 16, 2007
Sold by
Sridhar Madhu and Sridhar Anjali
Bought by
Sridhar Madhu and Sridhar Anjali

Purchase Details

Closed on
Sep 7, 2005
Sold by
Sridhar Madhu and Sridhar Anjali
Bought by
Sridhar Madhu and Sridhar Anjali

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,605,000
Interest Rate
5.31%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 30, 2003
Sold by
Sridhar Anjali and Sridhar Madhu
Bought by
Sridhar Madhu and Sridhar Anjali

Purchase Details

Closed on
Dec 6, 2001
Sold by
Sridhar Madhu and Sridhar Anjali
Bought by
Sridhar Madhu and Sridhar Anjali

Home Financials for this Owner

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

Purchase Details

Closed on
May 24, 1999
Sold by
Miller Walter E and Miller Cherie B
Bought by
Sridhar Madhu and Sridhar Anjali

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Huey Kevin Y -- Amrock
Huey Kevin Y -- Amrock
Huey Kevin Y -- Old Republic Title Company
Huey Kevin Y -- None Available
Huey Kevin $1,860,000 Old Republic Title Company
Belgrade Capital Partners Llc $1,400,000 Chicago Title Company
Sridhar Madhu -- Chicago Title Company
Sridhar Madhu -- Stewart Title Of Ca Inc
Sridhar Madhu -- Stewart Title Of California
Sridhar Madhu -- --
Sridhar Madhu -- Commonwealth Land Title Co
Sridhar Madhu $1,350,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huey Kevin Y $510,400
Closed Huey Kevin Y $625,000
Open Huey Kevin $1,100,000
Previous Owner Sridhar Madhu $1,605,000
Previous Owner Sridhar Madhu $1,000,000
Previous Owner Sridhar Madhu $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/04/2012 08/04/12 Sold $1,860,000 +3.4% $615 / Sq Ft
07/06/2012 07/06/12 Pending -- -- --
06/23/2012 06/23/12 Price Changed $1,799,000 0.0% $595 / Sq Ft
06/23/2012 06/23/12 For Sale $1,799,000 -10.0% $595 / Sq Ft
05/23/2012 05/23/12 Pending -- -- --
05/09/2012 05/09/12 For Sale $1,999,000 -- $661 / 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 $32,069 $2,761,686 $1,717,838 $1,043,848
2024 $32,069 $2,707,536 $1,684,155 $1,023,381
2023 $30,820 $2,571,107 $1,651,133 $919,974
2022 $27,261 $2,268,501 $1,618,758 $649,743
2021 $25,554 $2,116,021 $1,587,018 $529,003
2020 $25,025 $2,094,325 $1,570,746 $523,579
2019 $24,614 $2,053,261 $1,539,948 $513,313
2018 $24,193 $2,013,002 $1,509,753 $503,249
2017 $24,109 $1,973,532 $1,480,150 $493,382
2016 $23,416 $1,934,836 $1,451,128 $483,708
2015 $22,960 $1,905,774 $1,429,331 $476,443
2014 $22,478 $1,868,444 $1,401,333 $467,111
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81217363

MLSListings

APN: 397-07-038