NOT LISTED FOR SALE

18810 Montewood Dr Saratoga, CA 95070

Sobey Neighborhood

Estimated Value: $5,262,944 - $6,930,000

4 Beds
5 Baths
4,332 Sq Ft
$1,355/Sq Ft Est. Value

Last Sold March 04, 2015

Last sale price $3,400,000 $785 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $34,924/month

16 Days on Market

Highlights

  • Mountain View
  • Traditional Architecture
  • Marble Bathroom Countertops
  • Saratoga Elementary School Rated A
  • Wood Flooring
  • Outdoor Kitchen

About This Home

As of March 2015

Gorgeous wonderfully designed bright home w/ a gated circular driveway on almost an acre of lovely landscaped grounds located on a desirable cul-de-sac w/a great floor plan featuring south facing Chef's kitchen/Breakfast/Family rooms opening to a huge inviting private back yard w/ a 500+ sf fully equipped entertainment pavilion. Luxurious spa-like master suite w/ a grand walk-in closet. Another suite in a third bedroom w/ attached bath. Extensive lawn areas. Tremendous parking for events.Saratoga schools.

Last Agent to Sell the Property

William Gorman

Coldwell Banker Realty License #01053691 Listed on: 01/20/2015

Coldwell Banker Realty

Last Buyer's Agent

Nalini Aiyagari

Coldwell Banker Realty License #01248710

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $47,073

Year Built

  • Built in 1967

Lot Details

  • 0.95 Acre Lot
  • Security Fence
  • Property is Fully Fenced
  • Sprinklers on Timer
  • Mostly Level
  • Back Yard
  • Zoning described as R140

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,332 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • 2 Fireplaces
  • Fireplace With Gas Starter
  • Formal Entry
  • Separate Family Room
  • Formal Dining Room
  • Den
  • Solarium
  • Storage Room
  • Mountain Views

Kitchen

  • Double Oven
  • Gas Cooktop
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile
  • Travertine

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • Marble Bathroom Countertops
  • Stone Countertops In Bathroom
  • Granite Bathroom Countertops
  • Dual Sinks
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Additional Features

  • Outdoor Kitchen
  • 580 SF Accessory Dwelling Unit
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 397-08-058

Home Details

Home Type

Single Family

Est. Annual Taxes

$47,073

Year Built

Built in 1967

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Traditional
  • Age: 48
  • Listing Class: Residential
  • Second Res Apx Sq Ft: 580
  • Structure Sq Ft: 4332
  • Year Built: 1967
  • Zoning Description: R140
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Starter
  • Dining Room: Formal Dining Room
  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Island, Oven - Double, Refrigerator
  • Living Sq Ft: 4332
  • Stories: 2
  • Security: Security Fence
  • Laundry: Hookups Only
  • Flooring: Carpet, Hardwood, Tile, Travertine
  • Additional Rooms: Den / Study / Office, Formal Entry, Laundry Room, Solarium, Storage
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Granite, Marble, Shower and Tub, Stall Shower, Stone, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • View: Mountains
  • Yard/Grounds: Back Yard, Fenced, Outdoor Kitchen, Sprinklers - Auto, Sprinklers - Lawn
  • Fencing: Complete Perimeter
  • Construction Type: Brick, Wood

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 20
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Gate / Door Opener, Room for Oversized Vehicle

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Walk-in Closet, Wet Bar

Schools

  • School District: Los Gatos-Saratoga Joint Union High
  • Middle School: Redwood Middle
  • High School: Saratoga High
  • High School: 264
  • Middle School: 198

Lot Info

  • Lot Description: Grade - Mostly Level
  • Parcel Number: 397-08-058
  • Lot Acres: 0.9460
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 41184.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 41184.00

Multi Family

  • Utilities: Public Utilities
  • Second Unit Description: Cabana/Pavilion

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 21, 2015
Sold by
Raje Salil and Raje Sonali
Bought by
Raje Family Trust and Raje Sonali S
Current Estimated Value
$5,870,236

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$780,000
Outstanding Balance
$599,191
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$5,038,917

Purchase Details

Listed on
Jan 20, 2015
Closed on
Feb 24, 2015
Sold by
Chen Kuang Chien and Chen Claudia
Bought by
Raje Salil and Raje Sonali
Seller's Agent
William Gorman
Coldwell Banker Realty
Buyer's Agent
Nalini Aiyagari
Coldwell Banker Realty
List Price
$3,488,000
Sold Price
$3,400,000
Premium/Discount to List
-$88,000
-2.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.91%
Original Mortgage
$2,380,000
Outstanding Balance
$1,820,773
Interest Rate
3.57%
Mortgage Type
New Conventional
Estimated Equity
$3,817,335

Purchase Details

Closed on
Oct 2, 2006
Sold by
Lettween Max and Lettween Carolyn
Bought by
Chen Kuang Chien and Chen Claudia
Source: Public Records

Range of Values:

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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
Raje Family Trust -- Cornerstone Title Company
Raje Salil $3,400,000 Old Republic Title Co
Chen Kuang Chien $3,365,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raje Family Trust $780,000
Open Raje Salil $2,380,000
Previous Owner Lettween Max $250,000
Previous Owner Lettween Max $735,000
Previous Owner Lettween Max $519,804
Previous Owner Lettween Max $100,000
Previous Owner Lettween Max $774,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2015 03/04/15 Sold $3,400,000 -2.5% $785 / Sq Ft
02/05/2015 02/05/15 Pending -- -- --
01/20/2015 01/20/15 For Sale $3,488,000 -- $805 / 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 $47,073 $4,086,283 $3,124,807 $961,476
2024 $47,073 $4,006,161 $3,063,537 $942,624
2023 $46,701 $3,927,610 $3,003,468 $924,142
2022 $45,743 $3,850,599 $2,944,577 $906,022
2021 $45,015 $3,775,098 $2,886,841 $888,257
2020 $44,100 $3,736,390 $2,857,240 $879,150
2019 $43,393 $3,663,128 $2,801,216 $861,912
2018 $42,669 $3,591,303 $2,746,291 $845,012
2017 $42,547 $3,520,887 $2,692,443 $828,444
2016 $41,354 $3,451,850 $2,639,650 $812,200
2015 $40,492 $3,399,900 $2,526,000 $873,900
2014 $32,844 $2,752,000 $2,044,600 $707,400
Source: Public Records

Agents Affiliated with this Home

  • William Gorman

    Seller's Agent in 2015

    William Gorman

    Coldwell Banker Realty

    (408) 872-3555

    6 in this area

    94 Total Sales

    William Gorman
    Section Image
  • Nalini Aiyagari

    Buyer's Agent in 2015

    Nalini Aiyagari

    Coldwell Banker Realty

    (408) 829-4347

    22 Total Sales

    Nalini Aiyagari
    Section Image
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Map

Source: MLSListings

MLS Number: ML81447456

MLSListings

APN: 397-08-058

California Santa Clara County Saratoga 95070 Sobey

18810 Montewood Dr, Saratoga, CA

This home is located at 18810 Montewood Dr, Saratoga, CA 95070 since 20 January 2015 and is currently estimated at $5,870,236, approximately $1,355 per square foot. This property was built in 1967. 18810 Montewood Dr is a home located in Santa Clara County with nearby schools including Saratoga Elementary School, Foothill Elementary School, and Argonaut Elementary School.

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