NOT LISTED FOR SALE

Estimated Value: $6,335,000 - $10,972,346

1.08 Acres
$7,749,616 Price per Acre
46,827 Sq Ft Lot

Sale Details

Date Sold: July 8, 2020

Last sale price $2,900,000

Est. 187% increase in value since last sale

Current estimated payment $49,798 / mo

94 Days on Market

About This Lot

As of July 2020

Beautiful Large Lot Available in Saratoga Famous Montalvo Area! Approved plans and ready to pull permits!! This 1.08 acre (buyer to verify) site gives you an excellent opportunity to build your dream home in the Saratoga Hills. You do not want to miss this!!

Last Agent to Sell the Property

Hebe Li

Compass License #02024787 Listed on: 02/10/2020

Compass

Last Buyer's Agent

Leika Kejriwal

Compass License #00942482

Compass

Property Details

Property Type

  • Land

Lot Details

  • 1.08 Acre Lot

Property Details

Property Type

Land

Lot Details

1.08 Acres

Listing Details

  • Zoning: R140
  • Subclass: Residential Lot
  • Listing Class: Residential Lots & Land
  • Present Use: Vacant
  • Special Features: None
  • Property Sub Type: LotsLands

Schools

  • High School: 264

Lot Info

  • Lot Acres: 1.0750
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 46827.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 46827.00
  • Parcel Access: Accessible

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2020
Closed on
Jun 18, 2020
Sold by
Wang Hailing
Bought by
Shah Vishal and Shah Reena D
Seller's Agent
Hebe Li
Compass
Buyer's Agent
Leika Kejriwal
Compass
List Price
$3,200,000
Sold Price
$2,900,000
Premium/Discount to List
-$300,000
-9.38%
Current Estimated Value
$8,330,837

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,430,837
Avg. Annual Appreciation
20.07%
Original Mortgage
$1,450,000
Outstanding Balance
$1,282,471
Interest Rate
3.2%
Mortgage Type
Commercial
Estimated Equity
$7,048,366

Purchase Details

Closed on
Sep 20, 2016
Sold by
Weng Jiyi
Bought by
Wang Hailing

Purchase Details

Closed on
Sep 16, 2016
Sold by
Zhang Xin
Bought by
Weng Jiyi

Purchase Details

Closed on
Jul 15, 2016
Sold by
Ye Maohua
Bought by
Wang Hailing
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Shah Vishal $2,900,000 First American Title Company
Wang Hailing $2,800,000 First American Title Company
Weng Jiyi -- First American Title Company
Wang Hailing -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shah Vishal $1,450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/08/2020 07/08/20 Sold $2,900,000 -9.4% --
05/15/2020 05/15/20 Pending -- -- --
02/10/2020 02/10/20 For Sale $3,200,000 +14.3% --
04/18/2014 04/18/14 Sold $2,800,000 -6.7% -- View Prior Sale
04/03/2014 04/03/14 Pending -- -- --
04/01/2014 04/01/14 For Sale $3,000,000 -- --
Source: MLSListings

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 $63,903 $8,539,053 $3,139,053 $5,400,000
2024 $63,903 $5,448,653 $3,077,503 $2,371,150
2023 $43,789 $3,671,370 $3,017,160 $654,210
2022 $35,288 $2,958,000 $2,958,000 $0
2021 $35,182 $2,900,000 $2,900,000 $0
2020 $35,657 $2,971,382 $2,971,382 $0
2019 $35,063 $2,913,120 $2,913,120 $0
2018 $34,464 $2,856,000 $2,856,000 $0
2017 $34,364 $2,800,000 $2,800,000 $0
2016 $35,149 $2,899,497 $2,899,497 $0
2015 $34,624 $2,855,944 $2,855,944 $0
2014 $18,563 $1,476,201 $1,476,201 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81782150

MLSListings

APN: 517-18-066

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