NOT LISTED FOR SALE

Estimated Value: $6,585,000 - $12,238,536

6 Beds
7 Baths
9,000 Sq Ft
$1,044/Sq Ft Est. Value

Last Sold February 10, 2016

Last sale price $6,450,000 $717 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $56,397/month

103 Days on Market

Highlights

  • Guest House
  • Wine Cellar
  • 2.09 Acre Lot
  • Saratoga Elementary School Rated A
  • Cabana
  • View of Hills

About This Home

As of February 2016

One of only a few estate properties in Saratoga located in the sought-after & prestigious Montalvo neighborhood.2+ flat acres w/dramatic views of the hills.9,000+/-SF of living area.Gate house,Guest house & pool pavilion.Motor court w/ 4-car garage.Grand foyer.Grand living room w/soaring ceilings.Large formal dining room.Gracious gourmet kitchen with breakfast room & family/Great-Room.Library,wine cellar.As you stroll thru the gates you will embrace the timeless grandeur of this magnificent estate property

Last Agent to Sell the Property

William Gorman

Coldwell Banker Realty License #01053691 Listed on: 09/22/2015

Coldwell Banker Realty

Last Buyer's Agent

Jingjing Guo

Compass License #01898500

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $86,343

Year Built

  • Built in 1920

Lot Details

  • 2.09 Acre Lot
  • Back and Front Yard Fenced
  • Lot Sloped Up
  • Sprinklers on Timer
  • Mostly Level
  • Zoning described as R140

Parking

  • 4 Car Detached Garage
  • Garage Door Opener
  • Electric Gate
  • Guest Parking

Home Design

  • Mediterranean Architecture
  • Wood Frame Construction
  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 9,000 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • High Ceiling
  • Skylights in Kitchen
  • 7 Fireplaces
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Formal Entry
  • Wine Cellar
  • Breakfast Room
  • Formal Dining Room
  • Den
  • Library
  • Solarium
  • Views of Hills
  • Finished Basement

Kitchen

  • Open to Family Room
  • Built-In Oven
  • Range Hood
  • Warming Drawer
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • Marble Bathroom Countertops
  • Bidet
  • Dual Sinks
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Pool

  • Cabana
  • Heated In Ground Pool

Outdoor Features

  • Balcony
  • Outdoor Fireplace
  • Barbecue Area

Additional Homes

  • Guest House
  • 820 SF Accessory Dwelling Unit

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan

Community Details

  • Controlled Access

Listing and Financial Details

  • Assessor Parcel Number 517-22-109

Home Details

Home Type

Single Family

Est. Annual Taxes

$86,343

Year Built

Built in 1920

Lot Details

0

Parking

4

Listing Details

  • Subclass: Single Family Home
  • Style: Mediterranean
  • Listing Class: Residential
  • Second Res Apx Sq Ft: 820
  • Structure Sq Ft: 9000
  • Year Built: 1920
  • Zoning Description: R140
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Gas Starter, Wood Burning
  • Dining Room: Breakfast Room, Formal Dining Room
  • Kitchen: Countertop - Granite, Dishwasher, Exhaust Fan, Freezer, Hood Over Range, Island, Island with Sink, Oven - Built-In, Oven Range - Built-In, Gas, Pantry, Refrigerator, Skylight, Warming Drawer
  • Living Sq Ft: 9000
  • Stories: 2
  • Security: Controlled / Secured Access
  • Laundry: Hookup - Washer/Dryer
  • Flooring: Hardwood, Marble, Tile
  • Additional Rooms: Basement - Finished, Den / Study / Office, Formal Entry, Guest House, Laundry Room, Library, Solarium, Wine Cellar / Storage
  • Fireplaces Min: 7
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Bathroom: Bidet, Double Sinks, Marble, Shower and Tub, Stall Shower, Tile, Tub, Tub with Jets, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Cabana / Dressing Room, Pool - Heated, Pool - In Ground
  • Roof: Tile
  • View: Hills
  • Yard/Grounds: Back Yard, Balcony / Patio, BBQ Area, Fenced, Outdoor Fireplace, Sprinklers - Auto, Sprinklers - Lawn
  • Pool: Yes
  • Fencing: Fenced Back, Fenced Front, Gate
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 4
  • Parking Spaces: 15
  • Garage Parking Features: Detached Garage, Electric Gate, Gate / Door Opener, Guest / Visitor Parking, Room for Oversized Vehicle

Utilities

  • Cooling System: Central AC, Multi-Zone
  • Heating System: Central Forced Air, Heating - 2+ Zones
  • Sewer/Septic System: Sewer - Public

Association/Amenities

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

Schools

  • High School: 264

Lot Info

  • Lot Description: Grade - Mostly Level, Grade - Sloped Up, Views
  • Parcel Number: 517-22-109
  • Lot Acres: 2.0850
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 90821.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 90821.00

Multi Family

  • Utilities: Public Utilities
  • Second Unit Description: Gorgeous

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 5, 2022
Sold by
Huang Weilin and Huang Yueping
Bought by
Huang Weilin
Current Estimated Value
$9,400,179

Purchase Details

Listed on
Sep 22, 2015
Closed on
Jan 14, 2016
Sold by
Meyer Carl and Meyer Marina
Bought by
Huang Weilin and He Yueping
Seller's Agent
William Gorman
Coldwell Banker Realty
Buyer's Agent
Jingjing Guo
Compass
List Price
$6,995,000
Sold Price
$6,450,000
Premium/Discount to List
-$545,000
-7.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.95%
Original Mortgage
$3,000,000
Interest Rate
3.73%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 18, 2009
Sold by
Meyer Carl and Meyer Marina
Bought by
Meyer Carl and Meyer Marina

Purchase Details

Closed on
Apr 16, 1996
Sold by
Meyer Manasseh
Bought by
Meyer Carl and Meyer Marina

Purchase Details

Closed on
Aug 22, 1995
Sold by
Provident Central Credit Union
Bought by
Meyer Carl and Meyer Marina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
7.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 15, 1993
Sold by
Rollins John S and Rollins Elizabeth M
Bought by
Provident Central Credit Union
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
Huang Weilin -- --
Huang Weilin $6,450,000 Old Republic Title Company
Meyer Carl -- None Available
Meyer Carl -- Old Republic Title Company
Meyer Carl $1,126,000 Old Republic Title
Provident Central Credit Union $1,717,500 First American Title Guarant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Huang Weilin $3,000,000
Previous Owner Meyer Carl $700,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2016 02/10/16 Sold $6,450,000 -7.8% $717 / Sq Ft
01/04/2016 01/04/16 Pending -- -- --
09/22/2015 09/22/15 For Sale $6,995,000 -- $777 / 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 $86,343 $7,517,108 $4,320,859 $3,196,249
2024 $86,343 $7,369,715 $4,236,137 $3,133,578
2023 $85,702 $7,225,212 $4,153,076 $3,072,136
2022 $83,924 $7,083,543 $4,071,644 $3,011,899
2021 $82,622 $6,944,651 $3,991,808 $2,952,843
2020 $80,944 $6,873,443 $3,950,877 $2,922,566
2019 $79,632 $6,738,670 $3,873,409 $2,865,261
2018 $78,305 $6,606,540 $3,797,460 $2,809,080
2017 $78,091 $6,477,000 $3,723,000 $2,754,000
2016 $19,441 $1,580,160 $1,052,511 $527,649
2015 $19,057 $1,556,426 $1,036,702 $519,724
2014 $18,654 $1,525,939 $1,016,395 $509,544
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81515691

MLSListings

APN: 517-22-109