NOT LISTED FOR SALE

Estimated Value: $3,429,000 - $3,708,000

3 Beds
3.5 Baths
2,595 Sq Ft
$1,393/Sq Ft Est. Value

Last Sold May 19, 2023

Last sale price $3,100,000 $1,195 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $22,323/month

6 Days on Market

Highlights

  • Wood Flooring
  • Outdoor Kitchen
  • High Ceiling
  • Gussie M. Baker Elementary School Rated A
  • 1 Fireplace
  • 3-minute walk to El Quito Park

About This Home

As of May 2023

The timeless brick entrance welcomes you to 18628 Paseo Tierra, located in Saratogas Quito Village neighborhood. As you step into this exceptional residence you will enjoy the warmth of hardwood floors in the spacious living room/dining room that carries into all the main living spaces. The gourmet kitchen, featuring crisp white cabinets, a contrasting dark counter, along with a Wolf 6 burner stove, all overlooking the spacious backyard, is a chefs delight. An adjacent family room is ready for entertainment with a built-in bar and impressive fireplace. The house wraps around an outdoor patio, perfect for outdoor living with a built in barbecue. Sitting on over an 11,000 square foot lot, this spacious rear yard boasts many mature fruit trees and extra storage. There are 3 spacious bedrooms and 3 baths all on one level, plus a bonus loft. Enjoy all of the amenities of Silicon Valley living with close proximity to El Quito Park, shopping, minutes from great schools and restaurants. Welcome home!

Last Agent to Sell the Property

Chuck Robinson

Christie's International Real Estate Sereno License #01975601 Listed on: 04/13/2023

Christie's International Real Estate Sereno

Last Buyer's Agent

Sharon Wang

BQ Realty License #02089426

BQ Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,673

Year Built

  • Built in 1950

Lot Details

  • 0.25 Acre Lot
  • Northeast Facing Home
  • Fenced
  • Level Lot
  • Sprinklers on Timer
  • Zoning described as R110

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Tile Roof
  • Concrete Roof

Interior Spaces

  • 2,595 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • High Ceiling
  • 1 Fireplace
  • Separate Family Room
  • Formal Dining Room
  • Den
  • Workshop
  • Storage Room
  • Neighborhood Views
  • Alarm System

Kitchen

  • Gas Cooktop
  • Corian Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Washer and Dryer
  • Laundry Tub

Outdoor Features

  • Outdoor Kitchen
  • Barbecue Area

Utilities

  • Forced Air Heating and Cooling System
  • Pellet Stove burns compressed wood to generate heat
  • 220 Volts
  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number 386-13-024

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,673

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 2595
  • Incorporated: Yes
  • Year Built: 1950
  • Zoning Description: R110
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Pellet Stove
  • Dining Room: Formal Dining Room
  • Kitchen: 220 Volt Outlet, Cooktop - Gas, Countertop - Solid Surface / Corian, Garbage Disposal, Refrigerator
  • Living Sq Ft: 2595
  • Stories: 1
  • Security: Security Alarm
  • Bedrooms: Primary Bedroom on Ground Floor
  • Laundry: Dryer, Gas Hookup, Inside, Tub / Sink, Washer, Washer / Dryer
  • Flooring: Carpet, Hardwood, Tile
  • Additional Rooms: Office Area, Storage, Workshop
  • Fireplaces Min: 1
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Full on Ground Floor, Primary - Stall Shower(s), Stall Shower, Tub in Primary Bedroom
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Concrete, Tile
  • View: Neighborhood
  • Yard/Grounds: BBQ Area, Fenced, Outdoor Kitchen, Sprinklers - Auto
  • Fencing: Fenced
  • Property Faces: Northeast

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage, Room for Oversized Vehicle

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Wet Bar

Schools

  • High School: 241

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 386-13-024
  • Lot Acres: 0.2535
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 11042.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 11042.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Campbell Union High
  • Elementary School Text: Gussie M. Baker Elementary
  • High School Text: Prospect High
  • Middle School Text: Moreland Middle

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2023
Closed on
May 15, 2023
Sold by
Mercy R Armer 2002 Trust
Bought by
Fu And He Family Trust
Seller's Agent
Chuck Robinson
Christie's International Real Estate Sereno
Buyer's Agent
Sharon Wang
BQ Realty
List Price
$2,885,000
Sold Price
$3,100,000
Premium/Discount to List
$215,000
7.45%
Views
51
Current Estimated Value
$3,615,289

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$515,289
Avg. Annual Appreciation
6.50%
Original Mortgage
$1,100,000
Outstanding Balance
$1,064,243
Interest Rate
5.52%
Mortgage Type
New Conventional
Estimated Equity
$2,551,046

Purchase Details

Listed on
Apr 13, 2023
Closed on
Mar 20, 2023
Sold by
Armer Revocable Living Trust
Bought by
Armer Revocable Living Trust and Nelson
Seller's Agent
Chuck Robinson
Christie's International Real Estate Sereno
Buyer's Agent
Sharon Wang
BQ Realty
List Price
$2,885,000
Sold Price
$3,100,000
Premium/Discount to List
$215,000
7.45%
Views
51

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Outstanding Balance
$1,064,243
Interest Rate
5.52%
Mortgage Type
New Conventional
Estimated Equity
$2,551,046

Purchase Details

Closed on
Sep 30, 2002
Sold by
Armer Mercy R
Bought by
Armer Mercy R and Armer Revocable Living Trust

Purchase Details

Closed on
Dec 4, 2000
Sold by
Saric Stella S
Bought by
Armer Mercy R
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
Fu And He Family Trust $3,100,000 Chicago Title
Armer Revocable Living Trust -- None Listed On Document
Armer Mercy R -- --
Armer Mercy R $1,300,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fu And He Family Trust $1,100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2023 05/19/23 Sold $3,100,000 +3.9% $1,195 / Sq Ft
04/20/2023 04/20/23 Pending -- -- --
04/13/2023 04/13/23 Price Changed $2,985,000 +3.5% $1,150 / Sq Ft
04/13/2023 04/13/23 For Sale $2,885,000 -- $1,112 / 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 $39,673 $3,225,240 $2,809,080 $416,160
2024 $39,673 $3,162,000 $2,754,000 $408,000
2023 $39,673 $1,882,824 $1,448,332 $434,492
2022 $23,675 $1,845,907 $1,419,934 $425,973
2021 $23,341 $1,809,714 $1,392,093 $417,621
2020 $23,003 $1,791,158 $1,377,819 $413,339
2019 $22,084 $1,756,038 $1,350,803 $405,235
2018 $21,652 $1,721,607 $1,324,317 $397,290
2017 $21,365 $1,687,850 $1,298,350 $389,500
2016 $20,255 $1,654,756 $1,272,893 $381,863
2015 $20,077 $1,629,901 $1,253,773 $376,128
2014 $19,603 $1,597,975 $1,229,214 $368,761
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81924604

MLSListings

APN: 386-13-024