NOT LISTED FOR SALE

Estimated Value: $4,412,000 - $5,252,720

4 Beds
2.5 Baths
3,083 Sq Ft
$1,564/Sq Ft Est. Value

Last Sold October 04, 2021

Last sale price $4,300,000 $1,395 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $30,592/month

1 Day on Market

Highlights

  • Primary Bedroom Suite
  • Deck
  • High Ceiling
  • Argonaut Elementary School Rated A
  • Wood Flooring
  • 3-minute walk to Congress Springs Park

About This Home

As of October 2021

This sophisticated and stylish home is ideally located on a quiet cul-de-sac in the desirable Golden Triangle neighborhood of Saratoga. Thoughtfully remodeled, this home incorporates many designer elements. The recently remodeled gourmet kitchen is a chef's delight. The sleek design includes European cabinetry, Neolith countertops, and high-end stainless appliances. The private bedroom wing offers 4 spacious bedrooms and 2 spa-like bathrooms. Lush landscaping frames the backyard creating an inviting space for relaxing and entertaining. Enjoy the peaceful sounds from the fountain or relax around the oversized fire-pit. Centrally located near shopping, schools, parks and commuter routes. Award winning Saratoga schools.

Last Agent to Sell the Property

Andrea Schultz

Compass License #01196243 Listed on: 09/07/2021

Compass

Co-Listed By

Billy McNair

Compass License #01343603

Last Buyer's Agent

Moe Baniani

Compass License #01050509

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $50,401

Year Built

  • 1987

Lot Details

  • 0.32 Acre Lot
  • Fenced

Parking

  • 3 Car Garage

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,083 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Skylights
  • Formal Entry
  • Family Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Den

Kitchen

  • Breakfast Bar
  • Double Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dual Sinks
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Deck
  • Fire Pit

Utilities

  • Forced Air Heating and Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$50,401

Year Built

1987

Lot Details

0

Parking

3

Listing Details

  • Zoning: R1125
  • Subclass: Single Family Home
  • Age: 34
  • Listing Class: Residential
  • Structure Sq Ft: 3083
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1987

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room
  • Dining Room: Breakfast Bar, Breakfast Room, Formal Dining Room
  • Kitchen: Cooktop - Gas, Countertop - Other, Dishwasher, Garbage Disposal, Microwave, Oven - Double, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 3083
  • Stories: 1
  • Bedrooms: Primary Suite / Retreat, Walk-In Closet
  • Laundry: In Utility Room, Washer / Dryer
  • Flooring: Hardwood, Tile
  • Additional Rooms: Formal Entry, Laundry Room, Office Area
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Primary - Stall Shower(s), Stall Shower - 2+

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Yard/Grounds: Deck, Fenced, Fire Pit

Garage/Parking

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

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Skylight, Walk-In Closet

Schools

  • School District: Los Gatos-Saratoga Joint Union High

Lot Info

  • Lot Acres: 0.3218
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 14017.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 14017.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 27, 2021
Sold by
Krishnan Karthik and Subramanian Lakshmi
Bought by
Krishnan Karthik and Subramanian Lakshmi
Current Estimated Value
$4,820,430

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Outstanding Balance
$511,018
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$4,422,185

Purchase Details

Listed on
Sep 7, 2021
Closed on
Sep 27, 2021
Sold by
Baron Andrea and Spears Robert S
Bought by
Krishnan Karthik and Subramanian Lakshmi
Seller's Agent
Andrea Schultz
Compass
Buyer's Agent
Moe Baniani
Compass
List Price
$3,988,000
Sold Price
$4,300,000
Premium/Discount to List
$312,000
7.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.62%
Original Mortgage
$950,000
Outstanding Balance
$873,796
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$4,059,407

Purchase Details

Closed on
Jan 23, 2007
Sold by
Baron Andrea
Bought by
Spears Robert S and Baron Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,257,000
Interest Rate
6.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 13, 2006
Sold by
Chiavetta Gary G and Chiavetta Madeline S
Bought by
Baron Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,250,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 2, 1998
Sold by
Chiavetta Madeline S and Chiavetta Gary G
Bought by
Chiavetta Gary G and Chiavetta Madeline S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 30, 1995
Sold by
Dever Katherine Bell
Bought by
Chiavetta Gary and Chiavetta Madeline S
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Krishnan Karthik -- Fntg Lenders Direct
Krishnan Karthik -- Fntg Lenders Direct
Krishnan Karthik $4,300,000 Chicago Title Company
Spears Robert S -- First American Title Company
Baron Andrea $2,100,000 Stewart Title Of Ca Inc
Chiavetta Gary G -- --
Chiavetta Gary $192,000 First American Title Guarant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Krishnan Karthik $550,000
Open Krishnan Karthik $950,000
Previous Owner Baron Andrea $300,000
Previous Owner Spears Robert S $1,257,000
Previous Owner Baron Andrea $1,250,000
Previous Owner Chiavetta Gary G $400,000
Previous Owner Chiavetta Gary George $200,000
Previous Owner Chiavetta Gary G $300,700
Previous Owner Chiavetta Gary G $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2021 10/04/21 Sold $4,300,000 +7.8% $1,395 / Sq Ft
09/09/2021 09/09/21 Pending -- -- --
09/07/2021 09/07/21 For Sale $3,988,000 -- $1,294 / 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 $50,401 $4,563,194 $3,183,624 $1,379,570
2024 $50,401 $4,473,720 $3,121,200 $1,352,520
2023 $46,336 $4,386,000 $3,060,000 $1,326,000
2022 $50,886 $4,300,000 $3,000,000 $1,300,000
2021 $31,803 $2,651,268 $1,893,767 $757,501
2020 $31,150 $2,624,083 $1,874,349 $749,734
2019 $30,644 $2,572,632 $1,837,598 $735,034
2018 $30,125 $2,522,189 $1,801,567 $720,622
2017 $30,028 $2,472,736 $1,766,243 $706,493
2016 $29,174 $2,424,252 $1,731,611 $692,641
2015 $28,614 $2,387,838 $1,705,601 $682,237
2014 $28,020 $2,341,064 $1,672,191 $668,873
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81861472

MLSListings

APN: 393-46-005