NOT LISTED FOR SALE

Estimated Value: $5,900,000 - $7,651,000

7 Beds
7 Baths
5,322 Sq Ft
$1,276/Sq Ft Est. Value

Last Sold June 27, 2014

Last sale price $4,900,000 $921 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $40,883/month

84 Days on Market

Highlights

  • Guest House
  • In Ground Pool
  • Mountain View
  • Saratoga Elementary School Rated A
  • Primary Bedroom Suite
  • Fireplace in Primary Bedroom

About This Home

As of June 2014

Serene Estate Location*Exquisite executive family home situated on FLAT 1.02+/-acres of sprawling lawns and lush garden*Stunning remodel by high-end estate builder in 2001&2006*Main home offers 4,342+/-sf living space, 5bd/4full & 2half bath*Guest cottage offers 1,080+/-sf, 2bd/1ba and living room, kitchen*Views of mountain and resort inspired backyard with pool, waterfall spa, outdoor fireplace

Last Agent to Sell the Property

Azita Alaverdi

Compass License #01371125 Listed on: 03/21/2014

Compass

Last Buyer's Agent

Steve Bellumori

Coldwell Banker Realty License #00494595

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $56,300

Year Built

  • Built in 1953

Lot Details

  • Fenced
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Zoning described as R140

Parking

  • Attached Garage

Property Views

  • Mountain
  • Neighborhood

Home Design

  • Contemporary Architecture
  • Slate Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,322 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Window Treatments
  • Formal Entry
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Storage Room
  • Utility Room
  • Security System Leased

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Walk-in Shower

Pool

  • In Ground Pool
  • Gas Heated Pool
  • Outdoor Pool
  • Spa
  • Pool Sweep

Utilities

  • Forced Air Zoned Heating and Cooling System
  • 220 Volts
  • Sewer Within 50 Feet

Additional Features

  • Barbecue Area
  • Guest House

Listing and Financial Details

  • Assessor Parcel Number 397-09-025

Home Details

Home Type

Single Family

Est. Annual Taxes

$56,300

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Style: Contemporary
  • Age: 61
  • Sale Price Per Sq Ft: 920.71
  • Level Street Main: 2 or more Primary Suites, Bedroom(s)
  • Listing Class: Residential
  • Structure Sq Ft: 5322
  • Incorporated: Yes
  • Map Book Page: 872
  • Map Side Coordinate: 4
  • Map Top Coordinate: G
  • Thomas Bros Page: 872
  • Thomas Brothers: G4
  • Year Built: 1953
  • Zoning Description: R140
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Family Room, Living Room, Primary Bedroom, Gas Log, Gas Starter, Yes
  • Dining Room: Formal Dining Room, Breakfast Nook, Eat in Kitchen
  • Kitchen: Dishwasher, Garbage Disposal, Refrigerator, Oven Range, Trash Compactor, 220 Volt Outlet
  • Living Sq Ft: 5322
  • Stories: 2
  • Security: Security Alarm - Leased
  • Bedrooms: Primary Suite / Retreate - 2+, Ground Floor Bedroom
  • Laundry: In Laundry Room, 220 Volt Outlet
  • Flooring: Tile, Carpet - Wall to Wall, Hardwood, Marble
  • Additional Rooms: Utility Room, Formal Entry, Guest House, Storage
  • Maximum Bathrooms: 6
  • Maximum Numberof Bedrooms: 7
  • Minimum Bathrooms: 6
  • Minimum Numberof Bedrooms: 7
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 7
  • Bathroom: Showers over Tubs - 2+, Tubs - 2+, Stall Shower - 2+, Tub in Primary Bedroom, Tub with Jets, Half Bath - More than 1

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Pool Description: Spa / Hot Tub, In Ground Concrete, Pool - Sweep, Heated - Gas, Pool - Yes
  • Roof: Slate
  • View: Mountains, Local/Neighborhood
  • Yard/Grounds: Sprinkler(s) - Front, Sprinkler(s) - Rear, Sprinklers - Auto, BBQ Area, Fenced
  • Pool: Yes

Garage/Parking

  • Garage Min: 3
  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Central AC
  • Heating System: Heating - 2+ Zones, Forced Air
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Window Covering(s), Double Pane Windows(s), High Ceiling, Vaulted Ceiling

Schools

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

Lot Info

  • Parcel Number: 397-09-025
  • List Price per Sq Ft: 936.68
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 44431.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 44431.00
  • Lot Size Area Min Search: 44431.00
  • Maximum Lot Size: 44431.00
  • Map Book: Thomas Bros

Green Features

  • Energy Features: Double Pane Windows, Ceiling Fan(s)

Multi Family

  • Maximum Building Height: 2
  • Minimum Building Height: 2

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2014
Closed on
Jun 16, 2014
Sold by
Hara Michael W and Hara Mariam
Bought by
Polychronopoulos Constantine and Gardeli Aikaterini L
Seller's Agent
Azita Alaverdi
Compass
Buyer's Agent
Steve Bellumori
Coldwell Banker Realty
List Price
$4,985,000
Sold Price
$4,900,000
Premium/Discount to List
-$85,000
-1.71%
Current Estimated Value
$6,792,773

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,892,773
Avg. Annual Appreciation
3.20%
Original Mortgage
$1,500,000
Outstanding Balance
$1,082,877
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$5,899,438

Purchase Details

Closed on
Jan 27, 2010
Sold by
Hara Michael W and Hara Mariam
Bought by
Hara Michael W and Hara Mariam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$729,750
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 17, 2009
Sold by
Hara Michael and Hara Mariam
Bought by
Hara Michael W and Hara Mariam

Purchase Details

Closed on
Dec 18, 2006
Sold by
Lazares David L and Lazares Cynthia L
Bought by
Hara Michael and Ahmadian Mariam

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
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
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
Polychronopoulos Constantine $4,899,750 Chicago Title Company
Hara Michael W -- First American Title Company
Hara Michael W -- None Available
Hara Michael $4,600,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Polychronopoulos Constantine $1,500,000
Previous Owner Hara Michael W $718,000
Previous Owner Hara Michael W $725,000
Previous Owner Hara Michael W $729,750
Previous Owner Hara Michael $1,100,000
Previous Owner Lazares David L $950,100
Previous Owner Lazares David L $965,000
Previous Owner Lazares David L $965,000
Previous Owner Lazares David L $2,175,000
Previous Owner Lazares David L $1,000,000
Previous Owner Lazares David L $550,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2014 06/27/14 Sold $4,900,000 -1.7% $921 / Sq Ft
06/13/2014 06/13/14 Pending -- -- --
03/21/2014 03/21/14 For Sale $4,985,000 -- $937 / 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 $56,300 $4,903,447 $3,555,001 $1,348,446
2024 $56,300 $4,807,302 $3,485,296 $1,322,006
2023 $55,870 $4,713,042 $3,416,957 $1,296,085
2022 $54,719 $4,620,630 $3,349,958 $1,270,672
2021 $53,853 $4,530,030 $3,284,273 $1,245,757
2020 $52,764 $4,483,581 $3,250,597 $1,232,984
2019 $51,921 $4,395,668 $3,186,860 $1,208,808
2018 $51,059 $4,309,479 $3,124,373 $1,185,106
2017 $50,868 $4,224,980 $3,063,111 $1,161,869
2016 $60,419 $5,074,119 $3,210,157 $1,863,962
2015 $59,309 $4,997,902 $3,161,938 $1,835,964
2014 $35,416 $2,967,000 $1,935,000 $1,032,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81409149

MLSListings

APN: 397-09-025