NOT LISTED FOR SALE

Estimated Value: $4,568,000 - $14,487,528

5 Beds
4.5 Baths
5,500 Sq Ft
$1,744/Sq Ft Est. Value

Last Sold March 09, 2016

Last sale price $5,828,000 $1,060 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $59,914/month

313 Days on Market

Highlights

  • Guest House
  • Heated In Ground Pool
  • Vaulted Ceiling
  • Saratoga Elementary School Rated A
  • 2.87 Acre Lot
  • Wood Flooring

About This Home

As of March 2016

Extensively Remodeled in 1994 and 2005. Very rare to find a 2.87 acres (125,017 sf) of flat land in this exclusive neighborhood. Main house has 3 Bedrooms, 3.5 baths (4759 sf.) with a 5 car garage ( which can also be converted for additional bedrooms or add on in different section ). The Guest Cottage is 750 sf with 2 bedrooms, full kitchen and bath. Plenty of possibilities. 15 min to Apple/Netflix, 20 min Google. Close to downtown, Schools, trans, etc. Saratoga High, Redwood Middle, and Saratoga Elementary is only minutes away.

Last Agent to Sell the Property

Anthony Lum

Coldwell Banker Realty License #01172999 Listed on: 04/03/2015

Coldwell Banker Realty

Last Buyer's Agent

Lina Huang

Compass License #01954283

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $116,406

Year Built

  • Built in 1951

Lot Details

  • 2.87 Acre Lot
  • Level Lot
  • Zoning described as RHS-D

Parking

  • 5 Car Attached Garage

Home Design

  • Wood Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,500 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Skylights
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Formal Entry
  • Separate Family Room
  • Breakfast Room
  • Formal Dining Room
  • Wood Flooring
  • Washer and Dryer Hookup

Kitchen

  • Self-Cleaning Oven
  • Gas Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Home Security

  • Security Gate
  • Alarm System
  • Fire and Smoke Detector

Pool

  • Heated In Ground Pool
  • Pool Sweep

Utilities

  • Forced Air Zoned Heating and Cooling System
  • 220 Volts
  • Septic Tank

Additional Features

  • Guest House
  • Horses Potentially Allowed on Property

Listing and Financial Details

  • Assessor Parcel Number 510-26-032

Home Details

Home Type

Single Family

Est. Annual Taxes

$116,406

Year Built

Built in 1951

Lot Details

0

Parking

5

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 5500
  • Incorporated: Yes
  • Year Built: 1951
  • Zoning Description: RHS-D
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Burning, Gas Starter, Wood Burning
  • Dining Room: Breakfast Room, Formal Dining Room
  • Kitchen: 220 Volt Outlet, Cooktop - Gas, Dishwasher, Hookups - Gas, Oven - Self Cleaning, Pantry
  • Living Sq Ft: 5500
  • Stories: 1
  • Security: Fire Alarm, Security Alarm
  • Laundry: Hookup - Washer/Dryer
  • Flooring: Hardwood
  • Additional Rooms: Formal Entry, Guest House
  • Fireplaces Min: 2
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Pool Description: Pool - Heated, Pool - In Ground, Pool - Sweep
  • Roof: Wood Shakes / Shingles
  • Horse Property: Possible
  • Pool: Yes

Garage/Parking

  • Garage Spaces: 5
  • Parking Spaces: 10
  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Central AC
  • Heating System: Forced Air, Heating - 2+ Zones
  • Sewer/Septic System: Septic Tank / Pump

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Security Gate, Skylight, Vaulted Ceiling, Walk-in Closet, Wet Bar

Schools

  • High School: 264

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 510-26-032
  • Lot Acres: 2.8700
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 125017.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 125017.00

Multi Family

  • Utilities: Public Utilities

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

Closed on
Oct 26, 2018
Sold by
Liu Wumin and Huang Hongying
Bought by
Liu Wumin and Huang Hongying
Current Estimated Value
$9,593,132

Purchase Details

Listed on
Apr 3, 2015
Closed on
Feb 25, 2016
Sold by
Lee Kin Ho and Yau Rosanna
Bought by
Liu Wumin and Huang Hong Ying
Seller's Agent
Anthony Lum
Coldwell Banker Realty
Buyer's Agent
Lina Huang
Compass
List Price
$6,500,000
Sold Price
$5,828,000
Premium/Discount to List
-$672,000
-10.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.31%
Original Mortgage
$3,496,800
Outstanding Balance
$2,885,291
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$6,707,841

Purchase Details

Closed on
Nov 26, 2014
Sold by
Donati Ronald H and Donati Alexis J
Bought by
Lee Kin Ho and Yau Rosanna
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
Liu Wumin -- None Available
Liu Wumin $5,828,000 Chicago Title Company
Lee Kin Ho $5,000,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liu Wumin $3,496,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/09/2016 03/09/16 Sold $5,828,000 -10.3% $1,060 / Sq Ft
02/10/2016 02/10/16 Pending -- -- --
12/14/2015 12/14/15 Price Changed $6,500,000 +8.3% $1,182 / Sq Ft
11/03/2015 11/03/15 Price Changed $5,999,888 -4.8% $1,091 / Sq Ft
10/30/2015 10/30/15 Price Changed $6,299,888 -3.1% $1,145 / Sq Ft
04/03/2015 04/03/15 For Sale $6,500,000 -- $1,182 / 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 $116,406 $10,244,302 $4,855,377 $5,388,925
2024 $116,406 $10,043,434 $4,760,174 $5,283,260
2023 $95,464 $8,112,838 $4,666,838 $3,446,000
2022 $87,470 $7,435,836 $4,575,332 $2,860,504
2021 $79,167 $6,694,788 $4,485,620 $2,209,168
2019 $72,750 $6,184,720 $4,510,134 $1,674,586
2018 $71,506 $6,063,451 $4,421,700 $1,641,751
2017 $70,363 $5,944,560 $4,335,000 $1,609,560
2016 $59,694 $5,076,250 $3,857,950 $1,218,300
2015 $58,588 $5,000,000 $3,800,000 $1,200,000
2014 $34,000 $2,901,612 $1,650,919 $1,250,693
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81458268

MLSListings

APN: 510-26-088