NOT LISTED FOR SALE

Estimated Value: $7,633,000 - $10,203,755

7 Beds
9 Baths
7,705 Sq Ft
$1,158/Sq Ft Est. Value

Last Sold December 04, 2018

Last sale price $7,000,000 $909 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $54,922/month

223 Days on Market

Highlights

  • Wine Cellar
  • Home Theater
  • Sauna
  • Saratoga Elementary School Rated A
  • Heated In Ground Pool
  • Primary Bedroom Suite

About This Home

As of December 2018

Once in a lifetime opportunity to experience perfection at this breathtaking Executive Estate in the most sought-after Los Gatos/ Saratoga Neighborhood. Just completed top to bottom renovation in 2017. Step into this high tech, sprawling oasis where luxury meets modern comfort and convenience. This 7,705 square feet single-level ranch-style Estate with basement is a breathtaking, custom-built paradise nestled on over one acre in the prestigious and highly sought-after neighborhood. Featuring two wings each complete with their own master suite, the home has a total of 7 bedrooms + Den, 6 full baths, 3 half baths, Guest House with a full kitchen, Movie Theatre with surround sound, 3,000 bottle Wine Cellar, Bocce Ball Court, Horseshoe Pit and attached three-car Garage with an electric vehicle charger - all canopied by stunning California Redwood / Pine trees on a corner lot. Upgraded with Control4 home automation controlling lighting, whole house sound, video distribution and HVAC.

Last Agent to Sell the Property

Sandhya Murthy

Compass License #01916905 Listed on: 03/19/2018

Compass

Last Buyer's Agent

Jerry Houston

Christie's International Real Estate Sereno License #00553642

Christie's International Real Estate Sereno

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $88,805

Year Built

  • Built in 1990

Lot Details

  • 1.04 Acre Lot
  • Kennel or Dog Run
  • Paved or Partially Paved Lot
  • Sprinklers on Timer
  • Drought Tolerant Landscaping
  • Back Yard
  • Zoning described as RHS-D

Parking

  • 3 Car Attached Garage
  • Electric Vehicle Home Charger
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Contemporary Architecture
  • Modern Architecture
  • Pillar, Post or Pier Foundation
  • Composition Roof

Interior Spaces

  • 7,705 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Central Vacuum
  • Entertainment System
  • Wired For Sound
  • Ceiling Fan
  • Skylights in Kitchen
  • Fireplace With Gas Starter
  • Double Pane Windows
  • Garden Windows
  • Wine Cellar
  • Family Room with Fireplace
  • 3 Fireplaces
  • Formal Dining Room
  • Home Theater
  • Den
  • Storage Room
  • Utility Room
  • Sauna
  • Skyline Views
  • Attic
  • Finished Basement

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Radiant Floor
  • Stone

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet
  • Remodeled Bathroom
  • Bathroom on Main Level
  • Marble Bathroom Countertops
  • Dual Sinks
  • Dual Flush Toilets
  • Bathtub
  • Steam Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

  • Intercom
  • Alarm System

Eco-Friendly Details

  • Energy-Efficient Insulation

Pool

  • Heated In Ground Pool
  • In Ground Spa
  • Pool Cover

Outdoor Features

  • Balcony
  • Outdoor Fireplace
  • Outdoor Kitchen
  • Fire Pit
  • Barbecue Area

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan
  • 220 Volts
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 510-23-008

Home Details

Home Type

Single Family

Est. Annual Taxes

$88,805

Year Built

Built in 1990

Lot Details

0

Parking

3

Listing Details

  • Subclass: Single Family Home
  • Style: Contemporary, Modern / High Tech
  • Age: 28
  • Listing Class: Residential
  • Structure Sq Ft: 7705
  • Incorporated: Yes
  • Year Built: 1990
  • Zoning Description: RHS-D
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo, Separate Family Room
  • Fireplace: Family Room, Gas Starter, Primary Bedroom
  • Dining Room: Breakfast Bar, Breakfast Nook, Dining Area, Dining Bar, Eat in Kitchen, Formal Dining Room, Skylight
  • Kitchen: 220 Volt Outlet, Cooktop - Gas, Countertop - Stone, Dishwasher, Exhaust Fan, Freezer, Garbage Disposal, Hookups - Gas, Ice Maker, Island, Microwave, Oven - Gas, Pantry, Refrigerator, Skylight
  • Living Sq Ft: 7705
  • Stories: 1
  • Security: Security Alarm
  • Bedrooms: Ground Floor Bedroom, Primary Bedroom on Ground Floor, Primary Suite / Retreat, Primary Suite / Retreate - 2+, More than One Bedroom on Ground Floor, More than One Primary Bedroom, More than One Primary Bedroom on Ground Floor, Walk-in Closet
  • Laundry: Dryer, Gas Hookup, Inside, Washer, Washer / Dryer
  • Flooring: Carpet, Hardwood, Stone, Wood
  • Additional Rooms: Attic, Basement - Finished, Den / Study / Office, Laundry Room, Media / Home Theater, Storage, Utility Room, Wine Cellar / Storage
  • Fireplaces Min: 3
  • Maximum Numberof Bedrooms: 7
  • Minimum Numberof Bedrooms: 7
  • Full Bathrooms: 6
  • Half Bathrooms: 3
  • Total Bedrooms: 7
  • Bathroom: Double Sinks, Dual Flush Toilet, Full on Ground Floor, Marble, Sauna, Skylight, Stall Shower - 2+, Steam Shower, Tub, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Post and Pier
  • Pool Description: Pool - Cover, Pool - Heated, Pool - In Ground, Spa - In Ground
  • Roof: Composition
  • Yard/Grounds: Back Yard, Balcony / Patio, BBQ Area, Dog Run / Kennel, Drought Tolerant Plants, Fire Pit, Outdoor Fireplace, Outdoor Kitchen, Sprinklers - Auto, Sprinklers - Lawn
  • Pool: Yes

Garage/Parking

  • Garage Spaces: 3
  • Parking Spaces: 10
  • Garage Max: 3
  • Garage Min: 3
  • Garage Parking Features: Attached Garage, Electric Car Hookup, Gate / Door Opener, Off-Street Parking

Utilities

  • Cooling System: Ceiling Fan, Central AC, Multi-Zone
  • Heating System: Central Forced Air - Gas, Fireplace, Forced Air, Heating - 2+ Zones, Radiant Floors
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Built-in Vacuum, Garden Window, Skylight, Video / Audio System, Walk-in Closet, Wet Bar

Schools

  • School District: Los Gatos-Saratoga Joint Union High

Lot Info

  • Lot Description: Paved
  • Parcel Number: 510-23-008
  • 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

Green Features

  • Energy Features: Double Pane Windows, Energy Star Appliances, Skylight, Walls Insulated

Multi Family

  • Utilities: Public Utilities

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2018
Closed on
Nov 1, 2018
Sold by
Gupta Neha
Bought by
Gupta Abhivan
Seller's Agent
Sandhya Murthy
Compass
Buyer's Agent
Jerry Houston
Christie's International Real Estate Sereno
List Price
$10,700,000
Sold Price
$7,000,000
Premium/Discount to List
-$3,700,000
-34.58%
Current Estimated Value
$8,919,439

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,919,439
Avg. Annual Appreciation
2.56%
Original Mortgage
$1,250,000
Interest Rate
3.1%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Mar 19, 2018
Closed on
Oct 31, 2018
Sold by
Memmen Stephen D
Bought by
Gupta Abhinav
Seller's Agent
Sandhya Murthy
Compass
Buyer's Agent
Jerry Houston
Christie's International Real Estate Sereno
List Price
$10,700,000
Sold Price
$7,000,000
Premium/Discount to List
-$3,700,000
-34.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,250,000
Interest Rate
3.1%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Sep 17, 2013
Closed on
Aug 28, 2013
Sold by
Wood James Brian and Wood Paff Schmidt
Bought by
Memmen Stephan D
Seller's Agent
Chuck Nunnally
Compass
Buyer's Agent
Sandhya Murthy
Compass
List Price
$5,400,000
Sold Price
$5,400,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.10%
Original Mortgage
$3,780,000
Interest Rate
1.94%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 14, 2006
Sold by
Wood James Brian and Wood Paff Schmidt
Bought by
Wood James Brian and Wood Paff Schmidt

Purchase Details

Closed on
Aug 22, 1995
Sold by
Maib Keith and Maib Elaine N
Bought by
Wood James B and Wood Paffs

Purchase Details

Closed on
Jun 15, 1994
Sold by
Giannetto S Thomas and Giannetto Marjorie E
Bought by
Maib Keith and Maib Elaine N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$885,000
Interest Rate
8.6%
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
Gupta Abhivan -- Stewart Title
Gupta Abhinav $7,000,000 Stewart Title Of California
Memmen Stephan D $5,400,000 Stewart Title Of California
Wood James Brian -- None Available
Wood James B $935,000 Old Republic Title
Maib Keith -- All Cal Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gupta Abhinav $3,000,000
Closed Gupta Abhinav $1,250,000
Previous Owner Memmen Stephan D $3,780,000
Previous Owner Wood James Brian $1,400,000
Previous Owner Wood James B $972,000
Previous Owner Wood James B $1,000,000
Previous Owner Maib Keith $885,000
Closed Wood James B --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2018 12/04/18 Sold $7,000,000 -11.9% $909 / Sq Ft
10/29/2018 10/29/18 Pending -- -- --
09/06/2018 09/06/18 Price Changed $7,950,000 -6.5% $1,032 / Sq Ft
08/06/2018 08/06/18 Price Changed $8,500,000 -20.6% $1,103 / Sq Ft
03/19/2018 03/19/18 For Sale $10,700,000 +98.1% $1,389 / Sq Ft
09/17/2013 09/17/13 Sold $5,400,000 0.0% $735 / Sq Ft
09/17/2013 09/17/13 For Sale $5,400,000 -- $735 / 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 $88,805 $7,808,630 $4,238,971 $3,569,659
2024 $88,805 $7,655,520 $4,155,854 $3,499,666
2023 $88,161 $7,505,413 $4,074,367 $3,431,046
2022 $86,317 $7,358,249 $3,994,478 $3,363,771
2021 $84,970 $7,213,970 $3,916,155 $3,297,815
2020 $83,246 $7,140,000 $3,876,000 $3,264,000
2019 $81,972 $7,000,000 $3,800,000 $3,200,000
2018 $68,271 $5,809,176 $2,714,970 $3,094,206
2017 $67,990 $5,695,272 $2,661,736 $3,033,536
2016 $66,081 $5,583,601 $2,609,546 $2,974,055
2015 $64,825 $5,499,731 $2,570,349 $2,929,382
2014 $63,489 $5,392,000 $2,520,000 $2,872,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81712190

MLSListings

APN: 510-23-008