NOT LISTED FOR SALE

Estimated Value: $2,624,000 - $3,174,000

5 Beds
3.5 Baths
2,947 Sq Ft
$1,006/Sq Ft Est. Value

Last Sold October 27, 2017

Last sale price $2,050,001 $696 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $18,045/month

6 Days on Market

Highlights

  • Two Primary Bedrooms
  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Carlton Elementary School Rated A
  • Wood Flooring
  • Great Room

About This Home

As of October 2017

Open spaces, soaring ceilings, numerous windows, skylights and light colors make this updated/expanded home a true delight. Situated on a large lot near the Cambrian Park/Los Gatos border, this desirable property offers two master suites, one situated downstairs. This feature makes this an ideal floor plan for those needing a home office or a bedroom for an aging parent. A great room overlooks an expansive rear yard. The home boasts extensive use of fine natural stone surfaces, custom tile work, thick plush carpeting and recessed lighting. The kitchen is a chefs dream with large counter space areas and plenty of room for storage. Located within the award-winning Carlton Elementary School and Union Middle School areas!

Last Agent to Sell the Property

Patrick Farnsworth

Christie's International Real Estate Sereno License #00915656 Listed on: 09/27/2017

Christie's International Real Estate Sereno

Co-Listed By

Eric Petruno

Christie's International Real Estate Sereno License #01873388

Last Buyer's Agent

Angela Langone

Redfin License #01743542

Redfin

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,252

Year Built

  • Built in 1953

Lot Details

  • 8,377 Sq Ft Lot
  • Zoning described as R1-8

Parking

  • 2 Car Attached Garage
  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,947 Sq Ft Home
  • 2-Story Property
  • Skylights
  • Double Pane Windows
  • Great Room
  • Family or Dining Combination
  • Den
  • Storage Room
  • Utility Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Double Master Bedroom
  • Walk-In Closet
  • Remodeled Bathroom
  • Bathroom on Main Level
  • Dual Sinks
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan

Listing and Financial Details

  • Assessor Parcel Number 421-17-059

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,252

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Traditional
  • Listing Class: Residential
  • Structure Sq Ft: 2947
  • Year Built: 1953
  • Zoning Description: R1-8
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Dining Room: Breakfast Bar, Dining Area in Family Room, Eat in Kitchen
  • Kitchen: Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Hookups - Gas, Microwave, Oven Range, Refrigerator
  • Living Sq Ft: 2947
  • Stories: 2
  • Bedrooms: Ground Floor Bedroom, Primary Bedroom on Ground Floor, More than One Primary Bedroom, Walk-in Closet
  • Laundry: Electricity Hookup (220V), Gas Hookup, In Utility Room, Inside
  • Flooring: Carpet, Hardwood, Tile
  • Additional Rooms: Great Room, Laundry Room, Office Area, Storage, Utility Room
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Bathroom: Double Sinks, Full on Ground Floor, Half on Ground Floor, Primary - Stall Shower(s), Shower over Tub - 1, Stall Shower - 2+, Tile, Tub, Updated Bath

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage, Off-Street Parking

Utilities

  • Cooling System: Central AC, Multi-Zone
  • Heating System: Central Forced Air, Heating - 2+ Zones
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Skylight, Walk-in Closet

Schools

  • High School: 240

Lot Info

  • Parcel Number: 421-17-059
  • Lot Acres: 0.1923
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8375.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8375.00

Green Features

  • Energy Features: Double Pane Windows

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Campbell Union High
  • Elementary School Text: Carlton Elementary
  • High School Text: Leigh High
  • Middle School Text: Union Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2017
Closed on
Oct 24, 2017
Sold by
1522 Renovation Llc
Bought by
Hegde Praveen and Shetty Reshma
Seller's Agent
Patrick Farnsworth
Christie's International Real Estate Sereno
Buyer's Agent
Angela Langone
Redfin
List Price
$1,850,000
Sold Price
$2,050,001
Premium/Discount to List
$200,001
10.81%
Current Estimated Value
$2,965,976

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$915,975
Avg. Annual Appreciation
4.72%
Original Mortgage
$1,537,501
Outstanding Balance
$1,245,656
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$1,720,320

Purchase Details

Closed on
Jul 13, 2016
Sold by
Wilcox Donald A and Wilcox Nancy K
Bought by
1522 Renovation Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,088,000
Interest Rate
3.66%
Mortgage Type
Construction
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
Hegde Praveen $2,050,500 Old Republic Title Company
1522 Renovation Llc $900,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hegde Praveen $1,537,501
Previous Owner 1522 Renovation Llc $1,088,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2017 10/27/17 Sold $2,050,001 +10.8% $696 / Sq Ft
10/04/2017 10/04/17 Pending -- -- --
09/27/2017 09/27/17 For Sale $1,850,000 -- $628 / 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 $30,252 $2,332,546 $1,365,393 $967,153
2024 $30,252 $2,286,811 $1,338,621 $948,190
2023 $29,690 $2,241,973 $1,312,374 $929,599
2022 $29,057 $2,198,014 $1,286,642 $911,372
2021 $28,572 $2,154,916 $1,261,414 $893,502
2020 $28,052 $2,132,821 $1,248,480 $884,341
2019 $27,624 $2,091,001 $1,224,000 $867,001
2018 $27,017 $2,050,001 $1,200,000 $850,001
2017 $12,670 $900,000 $890,000 $10,000
2016 $3,829 $217,055 $52,504 $164,551
2015 $4,909 $213,796 $51,716 $162,080
2014 $4,289 $209,609 $50,703 $158,906
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81679463

MLSListings

APN: 421-17-059