NOT LISTED FOR SALE

1818 Clover Creek San Jose, CA 95120

Estimated Value: $2,559,150 - $2,704,000

5 Beds
4 Baths
2,484 Sq Ft
$1,063/Sq Ft Est. Value

Last Sold June 15, 2017

Last sale price $1,610,000 $648 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $16,667/month

13 Days on Market

Highlights

  • Open to Family Room
  • Forced Air Zoned Cooling and Heating System
  • Gas Fireplace
  • Blossom Hill Elementary School Rated A
  • Family or Dining Combination

About This Home

As of June 2017

Stunning 3 years old construction in the distinguished Los Gatos School district. Large gourmet kitchen with upgraded granite counters, custom backsplash, walk-in pantry, and top of the line Thermador and Bosch appliances. The home features a downstairs bedroom with adjacent full bath. Beautiful backyard is entertainer's dream with gas fireplace, built-in BBQ, Pavers and large side yard as a bonus. This desirable floorplan has impressive features such as custom plantation shutters, tankless water heater, dual zoneA/C, large master bedroom, high ceilings, and hardwood floors. Great community with picturesque hill views, nearby walking trails and a neighborhood park within the community. A must see home!!

Last Agent to Sell the Property

Pauline Mao

Ning Mao, Broker License #01380071 Listed on: 04/26/2017

Last Buyer's Agent

Laura Rahmil

Remark International Realty License #01934530

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,567

Year Built

  • 2013

Lot Details

  • 3,877 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 2,484 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Family or Dining Combination
  • Open to Family Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Separate Meters
  • Individual Gas Meter

Community Details

  • Association fees include common area electricity, insurance - common area, maintenance - common area, reserves
  • Brookside Estates Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,567

Year Built

2013

Lot Details

0

Parking

2

Listing Details

  • Zoning: A-PD
  • Subclass: Single Family Home
  • Age: 4
  • Listing Class: Residential
  • Structure Sq Ft: 2484
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2013

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Gas Burning, Gas Starter
  • Dining Room: Dining Area In Family Room, No Formal Dining Room
  • Fireplace: Yes
  • Living Sq Ft: 2484
  • Stories: 2
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 4
  • Total Bedrooms: 5

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Central Ac, Multi-Zone
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • Complex Name: Brookside Estates
  • HOA Fees: 166
  • Association Fees Include: Common Area Electricity, Insurance - Common Area, Maintenance - Common Area, Reserves
  • HOA Exist: Yes
  • H O A Name Text: Brookside Estates

Schools

  • School District: Los Gatos-Saratoga Joint Union High

Lot Info

  • Lot Acres: 0.0890
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3888.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 3888.00

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 9, 2017
Sold by
Kothari Rakesh and Malu Supriya Ghanshyam
Bought by
Kothari Rakesh and Malu Supriya Ghanshyam
Current Estimated Value
$2,639,288

Purchase Details

Listed on
Apr 26, 2017
Closed on
Jun 9, 2017
Sold by
Korla Nitish and Korla Nitika
Bought by
Kothari Rakesh and Malu Supriya Ghanshyam
Seller's Agent
Pauline Mao
Ning Mao, Broker
Buyer's Agent
Laura Rahmil
Remark International Realty
List Price
$1,588,000
Sold Price
$1,610,000
Premium/Discount to List
$22,000
1.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.39%
Original Mortgage
$1,240,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 15, 2015
Sold by
Korla Nitish and Korla Nitika
Bought by
Korla Family Revocable Trust and Korla Nitika

Purchase Details

Closed on
Nov 5, 2013
Sold by
Brookfield Brookside Llc
Bought by
Korla Nitish and Korla Nitika

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,014,928
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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Range of Values:

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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
Kothari Rakesh -- None Available
Kothari Rakesh $1,610,000 Chicago Title Company
Korla Family Revocable Trust -- None Available
Korla Nitish $1,269,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Kothari Family Revocable Trust $1,824,000
Closed Kothari Family Revocable Trust $977,200
Closed Kothari Rakesh $977,200
Closed Kothari Rakesh $1,240,000
Previous Owner Korla Nitish $1,014,928
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2017 06/15/17 Sold $1,610,000 +1.4% $648 / Sq Ft
05/10/2017 05/10/17 Pending -- -- --
04/26/2017 04/26/17 For Sale $1,588,000 -- $639 / 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
2024 $23,567 $1,831,899 $1,190,735 $641,164
2023 $23,054 $1,795,981 $1,167,388 $628,593
2022 $23,058 $1,760,767 $1,144,499 $616,268
2021 $22,659 $1,726,243 $1,122,058 $604,185
2020 $21,196 $1,625,000 $1,056,200 $568,800
2019 $21,935 $1,675,043 $1,088,778 $586,265
2018 $21,598 $1,642,200 $1,067,430 $574,770
2017 $18,321 $1,340,014 $528,122 $811,892
2016 $17,887 $1,313,740 $517,767 $795,973
2015 $17,793 $1,294,007 $509,990 $784,017
2014 $17,139 $1,268,660 $500,000 $768,660
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81648518

MLSListings

APN: 575-52-054