NOT LISTED FOR SALE

18591 Oak Dr Monte Sereno, CA 95030

Estimated Value: $3,170,000 - $4,677,000

3 Beds
2.5 Baths
2,087 Sq Ft
$1,827/Sq Ft Est. Value

Last Sold August 03, 2018

Last sale price $1,980,000 $949 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $23,233/month

43 Days on Market

Highlights

  • Family Room with Fireplace
  • Vaulted Ceiling
  • Walk-In Closet
  • Saratoga Elementary School Rated A
  • Wood Flooring
  • Bathtub with Shower

About This Home

As of August 2018

Nestled on 0.9 acres and surrounded by mature trees. A diamond in the rough in Monte Sereno. It sits just minutes to both Saratoga and downtown of Los Gatos. County shows 3-bedroom and 2 1/2 Baths. One of the bedroom is used as den/office with build-in bookshelf. Vaulted ceiling in family room with fireplace. Another fireplace in sunny living room. Tile counter top in kitchen with electric range. Breakfast bar. Formal dining room. Value in land. Use your imagination to remodel or rebuild. Storage shed on the property will not stay.

Last Agent to Sell the Property

Nemo How

Eastgate Real Estate Services License #01182336 Listed on: 05/23/2018

Last Buyer's Agent

Judy Jeter

Coldwell Banker Realty License #01429383

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,618

Year Built

  • Built in 1961

Lot Details

  • 0.9 Acre Lot
  • Zoning described as R144

Parking

  • 2 Car Garage

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,087 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Dining Room
  • Laundry in Utility Room

Kitchen

  • Electric Oven
  • Tile Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Bathtub with Shower
  • Bathtub Includes Tile Surround

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 410-36-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,618

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 57
  • Listing Class: Residential
  • Structure Sq Ft: 2087
  • Year Built: 1961
  • Zoning Description: R144
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Living Room, Wood Burning
  • Dining Room: No Formal Dining Room
  • Kitchen: Countertop - Tile, Oven Range - Electric
  • Living Sq Ft: 2087
  • Stories: 1
  • Bedrooms: Walk-in Closet
  • Laundry: In Utility Room
  • Flooring: Carpet, Hardwood
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Shower and Tub, Shower over Tub - 1, Tile
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Block
  • Roof: Composition

Garage/Parking

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

Utilities

  • Heating System: Central Forced Air

Association/Amenities

  • Amenities Miscellaneous: Vaulted Ceiling

Schools

  • School District: Los Gatos-Saratoga Joint Union High

Lot Info

  • Parcel Number: 410-36-005
  • Lot Acres: 0.9039
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 39375.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 39375.00

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

Closed on
Jan 3, 2019
Sold by
Masrour Alireza and Forootan Farideh
Bought by
Masrour Alireza and Forootan Farideh
Current Estimated Value
$3,838,347

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$481,567
Interest Rate
4.7%
Mortgage Type
Stand Alone Second

Purchase Details

Listed on
May 23, 2018
Closed on
Jul 31, 2018
Sold by
Chang Wei and Chang Annabel W
Bought by
Chang Annabel W
Seller's Agent
Nemo How
Eastgate Real Estate Services
Buyer's Agent
Judy Jeter
Coldwell Banker Realty
List Price
$2,268,000
Sold Price
$1,980,000
Premium/Discount to List
-$288,000
-12.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.51%
Original Mortgage
$1,584,000
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
May 23, 2018
Closed on
Jul 30, 2018
Sold by
Chang Annabel W
Bought by
Masrour Alireza and Forootan Farideh
Seller's Agent
Nemo How
Eastgate Real Estate Services
Buyer's Agent
Judy Jeter
Coldwell Banker Realty
List Price
$2,268,000
Sold Price
$1,980,000
Premium/Discount to List
-$288,000
-12.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,584,000
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 28, 1999
Sold by
Chow Kwok Patrick Shu Pui and Chow Kwok Susan
Bought by
Chang Wei and Chang Annabel W

Purchase Details

Closed on
Oct 22, 1999
Sold by
Martini Louis P And Shirley M Trustee
Bought by
Chow Kwok Patrick Shu Pui and Chow Kwok Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
7.5%
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
Masrour Alireza -- None Available
Chang Annabel W -- Old Republic Title Co
Masrour Alireza $1,980,000 Old Republic Title Co
Chang Wei $945,000 Fidelity National Title Co
Chow Kwok Patrick Shu Pui $855,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Masrour Alireza $1,480,000
Closed Masrour Alireza $1,542,500
Closed Masrour Alireza $481,587
Closed Masrour Alireza $481,567
Closed Masrour Alireza $1,584,000
Previous Owner Chang Wei $1,000,000
Previous Owner Chow Kwok Patrick Shu Pui $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2018 08/03/18 Sold $1,980,000 -10.0% $949 / Sq Ft
07/06/2018 07/06/18 Pending -- -- --
06/11/2018 06/11/18 Price Changed $2,200,000 -3.0% $1,054 / Sq Ft
05/23/2018 05/23/18 For Sale $2,268,000 -- $1,087 / 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 $26,618 $2,275,832 $2,119,483 $156,349
2024 $26,618 $2,231,209 $2,077,925 $153,284
2023 $26,291 $2,187,461 $2,037,182 $150,279
2022 $25,892 $2,144,571 $1,997,238 $147,333
2021 $25,470 $2,102,522 $1,958,077 $144,445
2020 $24,234 $2,019,600 $1,938,000 $81,600
2019 $23,931 $1,980,000 $1,900,000 $80,000
2018 $15,717 $1,276,501 $1,215,723 $60,778
2017 $15,641 $1,251,473 $1,191,886 $59,587
2016 $15,177 $1,226,935 $1,168,516 $58,419
2015 $14,867 $1,208,506 $1,150,964 $57,542
2014 $14,542 $1,184,834 $1,128,419 $56,415
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81706906

MLSListings

APN: 410-36-005