NOT LISTED FOR SALE

Estimated Value: $5,021,000 - $6,129,000

4 Beds
4.5 Baths
3,729 Sq Ft
$1,468/Sq Ft Est. Value

Last Sold January 18, 2013

Last sale price $2,570,000 $689 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $31,727/month

89 Days on Market

Highlights

  • Primary Bedroom Suite
  • Fireplace in Primary Bedroom
  • Wood Flooring
  • Saratoga Elementary School Rated A
  • Traditional Architecture
  • Hydromassage or Jetted Bathtub

About This Home

As of January 2013

Montalvo area estate benefits from newer construction with great floor plan and 4 bedrooms with en suite baths. Entrance faces East and backyard gets Western exposure. Wide hallways and high ceilings contribute to a feeling of openness. Interior is flooded with light throughout the day. Large living and dining room combo.

Last Agent to Sell the Property

Brad T. Kurtz

KW Thrive Santa Cruz License #00964732 Listed on: 09/16/2012

KW Thrive Santa Cruz

Last Buyer's Agent

Susan Hu

Intero Real Estate Services License #01880052

Intero Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,865

Year Built

  • Built in 2001

Lot Details

  • Fenced
  • Level Lot
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Zoning described as R120

Home Design

  • Traditional Architecture
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,729 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Double Pane Windows
  • Window Treatments
  • Formal Entry
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Den
  • Utility Room
  • Attic Fan

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Parking

  • Attached Garage
  • Alley Access
  • Garage Door Opener
  • Off-Street Parking

Eco-Friendly Details

  • Energy-Efficient Insulation

Outdoor Features

  • Patio
  • Barbecue Area

Utilities

  • Forced Air Heating and Cooling System
  • Wood Insert Heater
  • Heating System Uses Natural Gas
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 517-20-031

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,865

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Style: Traditional
  • Sale Price Per Sq Ft: 689.19
  • Level Street Main: Bedroom(s)
  • Listing Class: Residential
  • Structure Sq Ft: 3729
  • Barclay Horizontal: 23
  • Barclays Page: 82
  • Incorporated: Yes
  • Map Book Page: 872
  • Map Book Page Secondary: 82
  • Map Side Coordinate: 3
  • Map Side Coordinate Secondary: 56
  • Map Top Coordinate: E
  • Map Top Coordinate Secondary: 23
  • Thomas Bros Page: 872
  • Thomas Brothers: E3
  • Year Built: 2001
  • Zoning Description: R120
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Living Room, Primary Bedroom, Wood Burning, Insert, Gas Log, Yes
  • Dining Room: Dining Area in Living Room, Eat in Kitchen
  • Kitchen: Dishwasher, Garbage Disposal, Refrigerator, Oven Range, Oven - Built-In, Hookups - Gas
  • Living Sq Ft: 3729
  • Stories: 1
  • Bedrooms: Primary Suite / Retreat, Ground Floor Bedroom
  • Laundry: In Laundry Room, Dryer, Washer, Gas Hookup, 220 Volt Outlet
  • Flooring: Tile, Carpet - Wall to Wall, Hardwood
  • Additional Rooms: Utility Room, Den / Study / Office, Formal Entry
  • Maximum Bathrooms: 5
  • Minimum Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Shower over Tub - 1, Tubs - 2+, Stall Shower - 2+, Tub in Primary Bedroom, Tub with Jets

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Pool Description: Pool - No
  • Roof: Composition
  • Yard/Grounds: Patio(s), Sprinkler(s) - Front, Sprinkler(s) - Rear, Sprinklers - Auto, BBQ Area, Fenced
  • Exterior: Stucco

Garage/Parking

  • Garage Parking Features: Attached Garage, Access - Alley, Gate / Door Opener, Off-Street Parking

Utilities

  • Cooling System: Central AC
  • Heating System: Gas - Natural, Forced Air
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Association/Amenities

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

Lot Info

  • Lot Description: Grade - Level, Grade - Sloped Up
  • Parcel Number: 517-20-031
  • List Price per Sq Ft: 683.83
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 18295.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 18295.00
  • Lot Size Area Min Search: 18295.00
  • Maximum Lot Size: 18295.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Green Features

  • Energy Features: Insulation - Unknown, Caulked/Sealed, Weather Stripped Door(s), Double Pane Windows, Skylight, Skylight Tube(s), Attic Fan

Multi Family

  • Maximum Building Height: 1
  • Minimum Building Height: 1

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2012
Closed on
Jan 11, 2013
Sold by
Kurtz George B
Bought by
Zhao Jun and Yu Ying
Seller's Agent
Brad T. Kurtz
KW Thrive Santa Cruz
Buyer's Agent
Susan Hu
Intero Real Estate Services
List Price
$2,700,000
Sold Price
$2,570,000
Premium/Discount to List
-$130,000
-4.81%
Current Estimated Value
$5,474,572

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,904,572
Avg. Annual Appreciation
6.09%
Original Mortgage
$1,900,000
Outstanding Balance
$1,312,664
Interest Rate
3.31%
Mortgage Type
Seller Take Back
Estimated Equity
$4,161,908

Purchase Details

Closed on
Jan 24, 2011
Sold by
Kurtz George B
Bought by
Kurtz George B

Purchase Details

Closed on
Feb 21, 2007
Sold by
Lohrasbpour Esfandiar and Lohrasbpour Azar B
Bought by
Kurtz George B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 2000
Sold by
The Diane Allen Irion Testamentary Trust
Bought by
Lohrasbpour Esfandiar and Lohrasbpour Azar B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,720,000
Interest Rate
8.62%
Source: Public Records

Range of Values:

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Average Value
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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
Zhao Jun $2,570,000 Old Republic Title Company
Kurtz George B -- None Available
Kurtz George B $3,142,000 North American Title Company
Lohrasbpour Esfandiar $2,150,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhao Jun $1,900,000
Previous Owner Kurtz George B $1,800,000
Previous Owner Lohrasbpour Esfandiar $1,720,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/18/2013 01/18/13 Sold $2,570,000 +0.8% $689 / Sq Ft
12/14/2012 12/14/12 Pending -- -- --
12/08/2012 12/08/12 Price Changed $2,550,000 -5.6% $684 / Sq Ft
09/16/2012 09/16/12 For Sale $2,700,000 -- $724 / 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 $36,865 $3,164,759 $1,933,336 $1,231,423
2024 $36,865 $3,102,706 $1,895,428 $1,207,278
2023 $36,547 $3,041,869 $1,858,263 $1,183,606
2022 $35,882 $2,982,226 $1,821,827 $1,160,399
2021 $35,311 $2,923,752 $1,786,105 $1,137,647
2020 $34,583 $2,893,773 $1,767,791 $1,125,982
2019 $34,012 $2,837,033 $1,733,129 $1,103,904
2018 $33,433 $2,781,406 $1,699,147 $1,082,259
2017 $33,325 $2,726,870 $1,665,831 $1,061,039
2016 $32,382 $2,673,403 $1,633,168 $1,040,235
2015 $31,763 $2,633,247 $1,608,637 $1,024,610
2014 $31,108 $2,581,667 $1,577,127 $1,004,540
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81234299

MLSListings

APN: 517-20-031