NOT LISTED FOR SALE

Estimated Value: $4,492,000 - $4,728,000

3 Beds
2 Baths
1,914 Sq Ft
$2,428/Sq Ft Est. Value

Last Sold June 28, 2016

Last sale price $3,075,000 $1,607 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $28,797/month

Highlights

  • Private Pool
  • Wood Flooring
  • Fireplace
  • Saratoga Elementary School Rated A
  • Breakfast Area or Nook
  • Forced Air Heating System

About This Home

As of October 2018

Beautiful, Tranquil and Serene home situated on an incredible level acre + with circular driveway. Enjoy the secluded pool, cabana with full bathroom, cozy gazebo, towering redwoods and majestic oaks. Short drive to downtown Saratoga or Los Gatos and Montalvo. Neighborhood excellent walking /jogging path. 1914Sqft house with a big lot located on a quiet St. Sunlit Living Areas and Resort feel. Family room + multipurpose great room. The Home has all the Features that will make you want to stay forever. Huge Private Yard. Great Saratoga Schools.

Last Agent to Rent the Property

Deepak

Anthem Realty License #70010052 Listed on: 06/29/2018

Last Renter's Agent

Deepak

Anthem Realty License #70010052 Listed on: 06/29/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $41,651

Year Built

  • 1957

Lot Details

  • 1.05

Parking

  • 2 Car Garage

Interior Spaces

  • 1,914 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Separate Family Room
  • Dining Room
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Area or Nook
  • Gas Oven
  • Electric Cooktop
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Private Pool
  • 1.05 Acre Lot
  • Forced Air Heating System

Listing and Financial Details

  • Security Deposit $6,000
  • Property Available on 9/6/18
  • Rent includes gardener
  • 12-Month Minimum Lease Term

Home Details

Home Type

Single Family

Est. Annual Taxes

$41,651

Year Built

1957

Lot Details

0

Parking

2

Rental Info

  • Available: 09/06/2018
  • Lease Terms: Deposit Required
  • Minimum Lease Months: 12
  • Rent Includes: Gardener
  • Security Deposit: 6000

Listing Details

  • Subclass: House For Rent
  • Age: 61
  • Listing Class: Residential Lease/Rental
  • Structure Sq Ft: 1914
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1957

Interior Features

  • Family Room: Separate Family Room
  • Dining Room: Breakfast Nook, No Informal Dining Room
  • Kitchen: Cooktop - Electric, Dishwasher, Oven - Gas, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 1914
  • Stories: 1
  • Laundry: Hookups Only
  • Flooring: Hardwood, Vinyl / Linoleum
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Pool Description: Yes

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: Central Forced Air, Fireplace

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 Acres: 1.0458
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 45554.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 45554.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2016
Closed on
May 25, 2016
Sold by
Chao Ian and Chao Cynthia
Bought by
The Rao 2015 Trust
Seller's Agent
Hadi and Bobbie Ghafouri
Coldwell Banker Realty
Buyer's Agent
Deepak H Chandani
Anthem Realty
List Price
$2,795,000
Sold Price
$3,075,000
Premium/Discount to List
$280,000
10.02%
Current Estimated Value
$4,647,986

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,572,986
Avg. Annual Appreciation
4.61%
Original Mortgage
$2,000,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 19, 2009
Sold by
Boller Holly K
Bought by
Chao Ian and Chao Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,000
Interest Rate
4.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 4, 2003
Sold by
Belogorsky Marie
Bought by
Belogorsky Marie

Purchase Details

Closed on
Sep 10, 1999
Sold by
Belogorsky and Marie
Bought by
Belogorsky Jacob and Belogorsky Marie
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
The Rao 2015 Trust $3,075,000 Chicago Title Company
Chao Ian $1,920,000 North American Title Company
Belogorsky Marie -- --
Belogorsky Jacob -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Payankulath Sindhu $1,000,000
Open Payankulath Sindhu $2,257,500
Closed The Rao 2015 Trust $2,000,000
Previous Owner Chao Yi Yin $1,080,000
Previous Owner Chao Ian $625,000
Previous Owner Chao Ian $650,000
Previous Owner Chao Ian $660,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2018 10/25/18 Rented $5,950 0.0% --
10/25/2018 10/25/18 Under Contract -- -- --
09/06/2018 09/06/18 Price Changed $5,950 -7.8% $3 / Sq Ft
06/29/2018 06/29/18 For Rent $6,450 0.0% --
06/28/2016 06/28/16 Sold $3,075,000 +10.0% $1,607 / Sq Ft
05/10/2016 05/10/16 Pending -- -- --
05/02/2016 05/02/16 For Sale $2,795,000 -- $1,460 / 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 $41,651 $3,640,170 $3,255,441 $384,729
2024 $41,651 $3,568,795 $3,191,609 $377,186
2023 $41,299 $3,498,820 $3,129,029 $369,791
2022 $40,440 $3,430,217 $3,067,676 $362,541
2021 $39,826 $3,362,959 $3,007,526 $355,433
2020 $39,029 $3,328,477 $2,976,688 $351,789
2019 $38,410 $3,263,214 $2,918,322 $344,892
2018 $37,700 $3,199,230 $2,861,100 $338,130
2017 $37,608 $3,136,500 $2,805,000 $331,500
2016 $24,953 $2,093,584 $1,635,614 $457,970
2015 $24,501 $2,062,137 $1,611,046 $451,091
2014 $23,238 $1,955,500 $1,527,700 $427,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81712601

MLSListings

APN: 397-18-043