NOT LISTED FOR SALE

Estimated Value: $5,117,000 - $5,993,000

4 Beds
4.5 Baths
3,475 Sq Ft
$1,601/Sq Ft Est. Value

Last Sold August 12, 2022

Last sale price $5,075,000 $1,460 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $35,195/month

46 Days on Market

Highlights

  • Wine Cellar
  • Primary Bedroom Suite
  • Skyline View
  • Foothill Elementary School Rated A
  • Custom Home
  • Fireplace in Primary Bedroom

About This Home

As of August 2022

Exceptional luxury home built to perfection! The design, detail and craftsmanship is the very best. Soaring ceilings. Vaulted, barrel vaulted and high ceilings. Unsurpassed detail, trim and moldings throughout. Dramatic formal entry with barrel vaulted ceiling. Lavish parlor/living room. Expansive formal dining room. Stunning gourmet kitchen with all the best brand appliances, island and bespoke cabinetry. Spacious in-formal dining. Substantial family/great-room with vaulted ceiling. Generous home office with bespoke cabinetry and vaulted ceiling. Opulent master suite with stunning spa-inspired master bath. An abundance of natural light. Four fireplaces (three in-door and a custom outdoor fireplace for intimate and/or large entertaining. Fastidiously maintained, this homes shows better than new. For those looking for the very best, this home will exceed expectations! Saratoga schools.

Last Agent to Sell the Property

David Welton

Compass License #00922957 Listed on: 06/17/2022

Compass

Last Buyer's Agent

David Welton

Compass License #00922957 Listed on: 06/17/2022

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $61,378

Year Built

  • 2005

Lot Details

  • 0.33 Acre Lot
  • Back and Front Yard Fenced
  • Level Lot
  • Sprinklers on Timer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Electric Gate
  • On-Street Parking

Property Views

  • Skyline
  • Mountain
  • Hills
  • Neighborhood

Home Design

  • Custom Home
  • Wood Frame Construction
  • Floor Insulation
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,475 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Central Vacuum
  • Beamed Ceilings
  • Vaulted Ceiling
  • Skylights in Kitchen
  • Gas Log Fireplace
  • Formal Entry
  • Wine Cellar
  • Family Room with Fireplace
  • 4 Fireplaces
  • Great Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Storage Room
  • Utility Room
  • Crawl Space
  • Attic

Kitchen

  • Breakfast Room
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Double Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Radiant Floor
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • Stone Countertops In Bathroom
  • Granite Bathroom Countertops
  • Dual Sinks
  • Low Flow Toliet
  • Jetted Tub in Primary Bathroom
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry Tub

Home Security

  • Security Gate
  • Smart Home
  • Alarm System
  • Panic Alarm
  • Fire and Smoke Detector
  • Fire Sprinkler System

Eco-Friendly Details

  • Energy-Efficient Insulation

Outdoor Features

  • Balcony
  • Outdoor Fireplace
  • Gazebo

Utilities

  • Radiant Heating System
  • Thermostat

Home Details

Home Type

Single Family

Est. Annual Taxes

$61,378

Year Built

2005

Lot Details

0

Parking

2

Listing Details

  • Zoning: R110
  • Subclass: Single Family Home
  • Style: Custom
  • Age: 17
  • Listing Class: Residential
  • Structure Sq Ft: 3475
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2005

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Family Room, Gas Log, Gas Starter, Living Room, Outside, Primary Bedroom
  • Dining Room: Breakfast Bar, Breakfast Nook, Breakfast Room, Dining Area, Eat In Kitchen, Formal Dining Room
  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Garbage Disposal, Hood Over Range, Hookups - Gas, Island, Microwave, Oven - Built-In, Oven - Double, Oven Range - Built-In, Refrigerator, Skylight, Wine Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 3475
  • Stories: 1
  • Security: Fire Alarm, Fire System - Sprinkler, Panic Alarm, Security Alarm, Security Fence
  • Bedrooms: Primary Suite / Retreat, Walk-In Closet
  • Laundry: In Utility Room, Inside, Tub / Sink
  • Flooring: Carpet, Hardwood, Marble, Tile
  • Additional Rooms: Attic, Den / Study / Office, Formal Entry, Great Room, Laundry Room, Office Area, Storage, Utility Room, Wine Cellar / Storage
  • Fireplaces Min: 4
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Granite, Primary - Stall Shower(s), Primary - Tub With Jets, Showers Over Tubs - 2+, Skylight, Stone, Tile, Tub In Primary Bedroom, Updated Bath

Exterior Features

  • Foundation: Concrete Perimeter And Slab, Crawl Space
  • Roof: Composition
  • View: Hills, Mountains, Neighborhood
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced, Gazebo, Outdoor Fireplace, Sprinklers - Auto, Sprinklers - Lawn
  • Fencing: Fenced Back, Fenced Front, Gate, Wood
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Electric Gate, Gate / Door Opener, On Street

Utilities

  • Heating System: Radiant, Radiant Floors
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Built-In Vacuum, High Ceiling, Open Beam Ceiling, Security Gate, Skylight, Vaulted Ceiling, Walk-In Closet, Wet Bar

Schools

  • School District: Los Gatos-Saratoga Joint Union High

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.3263
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 14212.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 14212.00

Green Features

  • Energy Features: Insulation - Floor, Low Flow Toilet, Smart Home System, Thermostat Controller, Walls Insulated

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2022
Closed on
Aug 4, 2022
Sold by
Quist Llc
Bought by
Prasad Rajeev and Ramaswamy Vyju
Seller's Agent
David Welton
Compass
Buyer's Agent
David Welton
Compass
List Price
$5,488,000
Sold Price
$5,075,000
Premium/Discount to List
-$413,000
-7.53%
Current Estimated Value
$5,563,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$488,734
Avg. Annual Appreciation
3.04%

Purchase Details

Closed on
Aug 12, 2021
Sold by
Marion Road Llc
Bought by
Quist Llc

Purchase Details

Listed on
Feb 3, 2021
Closed on
Feb 24, 2021
Sold by
Payne James W and Payne Mary L
Bought by
Marion Road Llc
Seller's Agent
David Welton
Compass
Buyer's Agent
David Welton
Compass
List Price
$4,299,000
Sold Price
$4,500,000
Premium/Discount to List
$201,000
4.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.82%

Purchase Details

Closed on
Jul 29, 2019
Sold by
Payne James W and Payne Mary L
Bought by
Payne James W and Payne Mary L

Purchase Details

Closed on
Nov 16, 1998
Sold by
Payne James W
Bought by
Payne James W and Payne Mary L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.86%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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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
Prasad Rajeev $5,075,000 Fidelity National Title
Quist Llc -- None Available
Marion Road Llc $4,500,000 Fidelity National Title Co
Payne James W -- None Available
Payne James W -- Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Payne Mary L $1,734,737
Previous Owner Payne Mary L $1,265,000
Previous Owner Payne James W $1,314,574
Previous Owner Payne James W $500,000
Previous Owner Payne James W $1,500,000
Previous Owner Payne James W $1,500,000
Previous Owner Payne James W $881,250
Previous Owner Payne James W $133,000
Previous Owner Payne James W $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2022 08/12/22 Sold $5,075,000 -3.3% $1,460 / Sq Ft
08/03/2022 08/03/22 Pending -- -- --
07/20/2022 07/20/22 Price Changed $5,248,000 -4.4% $1,510 / Sq Ft
06/17/2022 06/17/22 For Sale $5,488,000 +22.0% $1,579 / Sq Ft
03/05/2021 03/05/21 Sold $4,500,000 +4.7% $1,295 / Sq Ft
02/22/2021 02/22/21 Pending -- -- --
02/03/2021 02/03/21 For Sale $4,299,000 -- $1,237 / 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 $61,378 $5,454,450 $4,161,600 $1,292,850
2024 $61,378 $5,176,500 $4,080,000 $1,096,500
2023 $60,475 $5,075,000 $4,000,000 $1,075,000
2022 $56,586 $4,750,000 $3,700,000 $1,050,000
2021 $22,133 $1,810,625 $406,713 $1,403,912
2020 $21,668 $1,792,060 $402,543 $1,389,517
2019 $21,302 $1,756,922 $394,650 $1,362,272
2018 $20,931 $1,722,473 $386,912 $1,335,561
2017 $20,851 $1,688,700 $379,326 $1,309,374
2016 $20,245 $1,655,589 $371,889 $1,283,700
2015 $19,845 $1,630,721 $366,303 $1,264,418
2014 $19,425 $1,598,778 $359,128 $1,239,650
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81896809

MLSListings

APN: 503-22-091