NOT LISTED FOR SALE

Estimated Value: $6,118,000 - $7,317,000

6 Beds
4.5 Baths
4,523 Sq Ft
$1,437/Sq Ft Est. Value

Last Sold March 12, 2013

Last sale price $3,100,000 $685 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $39,367/month

54 Days on Market

Highlights

  • Tennis Courts
  • Art Studio
  • Primary Bedroom Suite
  • Saratoga Elementary School Rated A
  • Private Pool
  • Fireplace in Primary Bedroom

About This Home

As of March 2013

Spectacular Estate w/$1M+ in renovations(2005)Saviano Tennis Court w/priv screen! Superb qual,exquisite finishes:Swarovski crystal pendants,glass chandeliers,Alno cabinets,onyx counters/washbasins. Extensive open layout! Epicurean Gourmet Kitchen w/gas+elec stoves,steam/conv oven,food warmer,Subzero.Four Seasons Room.Junior Suite!Newer prof landscape by Jeff Heid! Newer pool. Saratoga schools!

Last Agent to Sell the Property

Anthony Lum

Coldwell Banker Realty License #01172999 Listed on: 12/15/2012

Coldwell Banker Realty

Last Buyer's Agent

Anthony Lum

Coldwell Banker Realty License #01172999 Listed on: 12/15/2012

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $44,044

Year Built

  • Built in 1962

Lot Details

  • Security Fence
  • Lot Sloped Up
  • Sprinklers on Timer
  • Zoning described as R140

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Guest Parking

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,523 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Two Way Fireplace
  • Gas Log Fireplace
  • Double Pane Windows
  • Bay Window
  • Separate Family Room
  • Breakfast Room
  • Formal Dining Room
  • Den
  • Library
  • Loft
  • Art Studio
  • Solarium
  • Valley Views
  • Attic Fan
  • Intercom

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Sustainable
  • Slate Flooring

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Loft Bedroom
  • Bathtub
  • Steam Shower
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Tennis Courts
  • Deck
  • Barbecue Area

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 397-19-024

Home Details

Home Type

Single Family

Est. Annual Taxes

$44,044

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Contemporary
  • Age: 51
  • Sale Price Per Sq Ft: 685.39
  • Level Street Main: 2 or more Primary Suites, Bedroom(s)
  • Listing Class: Residential
  • Structure Sq Ft: 4523
  • Barclay Horizontal: 24
  • Barclays Page: 82
  • Incorporated: Yes
  • Map Book Page: 872
  • Map Book Page Secondary: 82
  • Map Side Coordinate: 4
  • Map Side Coordinate Secondary: 55
  • Map Top Coordinate: F
  • Map Top Coordinate Secondary: 24
  • Thomas Bros Page: 872
  • Thomas Brothers: F4
  • Year Built: 1962
  • Zoning Description: R140
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room, Kitchen / Family Room Combo
  • Fireplace: Primary Bedroom, Gas Log, Gas Starter, Dual See Thru, Yes
  • Dining Room: Formal Dining Room, Breakfast Room, Breakfast Bar, Eat in Kitchen
  • Kitchen: Pantry, Dishwasher, Cooktop, Refrigerator, Microwave, Ovens - 2+, Oven - Self Cleaning, 220 Volt Outlet, Hookups - Gas
  • Living Sq Ft: 4523
  • Stories: 2
  • Security: Security Fence
  • Bedrooms: Primary Suite / Retreate - 2+, Ground Floor Bedroom, Loft Bedroom
  • Laundry: In Laundry Room, Dryer, Washer, Gas Hookup
  • Flooring: Slate, Sustainable Materials, Hardwood
  • Additional Rooms: Den / Study / Office, Library, Artist Studio, Loft, Solarium, Storage
  • Maximum Bathrooms: 5
  • Maximum Numberof Bedrooms: 6
  • Minimum Bathrooms: 5
  • Minimum Numberof Bedrooms: 6
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Bathroom: Tubs - 1, Stall Shower - 2+, Steam Shower, Tub in Primary Bedroom

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: In Ground Concrete, Heated - Gas, Pool - Yes
  • Roof: Composition
  • View: Local/Neighborhood, Valley
  • Yard/Grounds: Patio(s), Sprinkler(s) - Front, Sprinkler(s) - Rear, Sprinklers - Auto, Tennis Court, BBQ Area, Deck, Fenced, Game Court Out/In
  • Pool: Yes
  • Exterior: Stone, Stucco

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Gate / Door Opener, Guest / Visitor Parking, RV/Boat Parking

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, Wet Bar, Bay Window

Schools

  • School District: Los Gatos-Saratoga Joint Union High
  • Elementary School: Saratoga Elementary
  • Middle School: Redwood Middle
  • High School: Saratoga High
  • High School: 264
  • Elementary School: 199
  • Middle School: 198

Lot Info

  • Lot Description: Grade - Sloped Up
  • Parcel Number: 397-19-024
  • List Price per Sq Ft: 729.16
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 42267.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 42267.00
  • Lot Size Area Min Search: 42267.00
  • Maximum Lot Size: 42267.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Green Features

  • Energy Features: Double Pane Windows, Thermostat Controller, Attic Fan, 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
  • Elementary School Text: Saratoga Elementary
  • High School Text: Saratoga High
  • Middle School Text: Redwood Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2012
Closed on
Feb 27, 2013
Sold by
Chu Raymond T and Chu Betty C
Bought by
Gordon Robert T and Gordon Lushan
Seller's Agent
Anthony Lum
Coldwell Banker Realty
Buyer's Agent
Anthony Lum
Coldwell Banker Realty
List Price
$3,298,000
Sold Price
$3,100,000
Premium/Discount to List
-$198,000
-6%
Current Estimated Value
$6,519,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,419,799
Avg. Annual Appreciation
6.36%
Original Mortgage
$2,325,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 7, 2006
Sold by
Chu Raymond T and Chu Betty C
Bought by
Chu Raymond T and Chu Betty C

Purchase Details

Closed on
Jun 7, 2005
Sold by
Chu Raymond T and Chu Betty C
Bought by
Chu Raymond T and Chu Betty C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,600,000
Interest Rate
5.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 17, 1998
Sold by
Chin Wang Jeanne C
Bought by
Chu Raymond T and Chu Betty C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
6.63%
Mortgage Type
Unknown
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
Gordon Robert T $3,100,000 Chicago Title Company
Chu Raymond T -- None Available
Chu Raymond T -- None Available
Chu Raymond T -- United Capital Title Ins Co
Chu Raymond T $1,125,000 American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gordon Robert T $2,182,000
Closed Gordon Robert T $2,161,705
Closed Gordon Robert T $2,325,000
Previous Owner Chu Raymond T $850,000
Previous Owner Chu Raymond T $708,000
Previous Owner Chu Raymond T $377,000
Previous Owner Chu Raymond T $729,750
Previous Owner Chu Raymond T $199,999
Previous Owner Chu Raymond T $1,600,000
Previous Owner Chu Raymond T $500,000
Previous Owner Chu Raymond T $985,000
Previous Owner Chu Raymond T $500,000
Previous Owner Chu Raymond T $995,000
Previous Owner Chu Raymond T $500,000
Previous Owner Chu Raymond T $999,900
Previous Owner Chu Raymond T $250,000
Previous Owner Chu Raymond T $185,000
Previous Owner Chu Raymond T $843,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2013 03/12/13 Sold $3,100,000 -6.0% $685 / Sq Ft
02/05/2013 02/05/13 Pending -- -- --
12/13/2012 12/13/12 For Sale $3,298,000 -- $729 / 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 $44,044 $3,817,421 $2,154,996 $1,662,425
2024 $44,044 $3,742,571 $2,112,742 $1,629,829
2023 $43,692 $3,669,188 $2,071,316 $1,597,872
2022 $42,797 $3,597,244 $2,030,702 $1,566,542
2021 $42,114 $3,526,711 $1,990,885 $1,535,826
2020 $41,257 $3,490,549 $1,970,471 $1,520,078
2019 $40,594 $3,422,108 $1,931,835 $1,490,273
2018 $39,915 $3,355,008 $1,893,956 $1,461,052
2017 $39,799 $3,289,224 $1,856,820 $1,432,404
2016 $38,681 $3,224,730 $1,820,412 $1,404,318
2015 $37,950 $3,176,292 $1,793,068 $1,383,224
2014 $37,173 $3,114,074 $1,757,945 $1,356,129
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81243273

MLSListings

APN: 397-19-024