NOT LISTED FOR SALE

Estimated Value: $3,979,000 - $5,371,000

0.54 Acre
$9,094,020 Price per Acre
23,697 Sq Ft Lot

Sale Details

Date Sold: August 1, 2014

Last sale price $1,030,000

Est. 380% increase in value since last sale

Current estimated payment $29,996 / mo

67 Days on Market

Highlights

  • Neighborhood Views
  • Fred E. Weibel Elementary School Rated A
  • Partially Fenced Property

About This Lot

As of August 2014

Estate lot in prestigious gated community of Vineyard Heights; waiting for new buyer to build dream home.

Last Agent to Sell the Property

David Smith

David L. Smith, Broker License #00816858 Listed on: 02/08/2014

Last Buyer's Agent

David Smith

David L. Smith, Broker License #00816858 Listed on: 02/08/2014

Property Details

Property Type

  • Land

Utilities

  • Underground Utilities
  • Gas Available at Street

Additional Features

  • Partially Fenced Property
  • Neighborhood Views

Property Details

Property Type

Land

Listing Details

  • Zoning: R-1
  • Subclass: Residential Lot
  • Inspections Reports: Flood Zone, Fault Zone
  • Listing Class: Residential Lots & Land
  • Present Use: Vacant
  • Development Status: Unimproved Land, Final Map Approved
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Local/Neighborhood
  • Fencing: Partial Fencing
  • Road Sidewalks: Sidewalk, Curbs/Gutters

Lot Info

  • Lot Number: 26
  • Lot Location: Cul-De-Sac
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 23692.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 23692.00
  • Lot Size Area Min Search: 23692.00
  • Maximum Lot Size: 23692.00
  • Parcel Access: Paved Road, Private Road

Rental Info

  • Lease Amount: 1200000

Multi Family

  • Utilities: Underground - On Site, Gas - Available At Street

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 9, 2018
Sold by
Shivam Enterprise Llc
Bought by
Jain Cipi S and Jain Priti
Current Estimated Value
$4,947,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,343,750
Outstanding Balance
$1,970,923
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,976,224

Purchase Details

Closed on
Dec 16, 2015
Sold by
Vicky Builders Llc
Bought by
Shivam Enterprise Llc

Purchase Details

Closed on
Sep 26, 2015
Sold by
Patel Manish and Patel Rujuta
Bought by
Vicky Builders Llc

Purchase Details

Listed on
Feb 8, 2014
Closed on
Jul 29, 2014
Sold by
Scialabba Steven K
Bought by
Patel Manish and Patel Ruhuta
Seller's Agent
David Smith
David L. Smith, Broker
Buyer's Agent
David Smith
David L. Smith, Broker
List Price
$1,200,000
Sold Price
$1,030,000
Premium/Discount to List
-$170,000
-14.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.41%

Purchase Details

Closed on
Jan 21, 1999
Sold by
Raissi Sassan and Raissi Joann
Bought by
Scialabba Steven K and Scialabba Carol A

Purchase Details

Closed on
Oct 1, 1993
Sold by
Scialabba Steven K and Scialabba Carol A
Bought by
Raissi Sassan and Raissi Joann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
7.09%
Mortgage Type
Seller Take Back
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
Jain Cipi S $3,125,000 Fidelity National Title Comp
Shivam Enterprise Llc -- None Available
Vicky Builders Llc -- None Available
Patel Manish $1,030,000 Old Republic Title Company
Scialabba Steven K $340,000 None Available
Raissi Sassan $340,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jain Cipi S $2,343,750
Previous Owner Raissi Sassan $340,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2014 08/01/14 Sold $1,030,000 -14.2% --
04/16/2014 04/16/14 Pending -- -- --
02/08/2014 02/08/14 For Sale $1,200,000 -- --
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 $40,234 $3,548,655 $1,422,262 $2,133,393
2024 $40,234 $3,478,937 $1,394,375 $2,091,562
2023 $39,228 $3,417,593 $1,367,037 $2,050,556
2022 $38,826 $3,343,593 $1,340,237 $2,010,356
2021 $37,846 $3,277,905 $1,313,962 $1,970,943
2020 $38,292 $3,251,250 $1,300,500 $1,950,750
2019 $37,838 $3,187,500 $1,275,000 $1,912,500
2018 $24,275 $2,023,947 $1,087,947 $936,000
2017 $21,940 $1,869,616 $1,066,616 $803,000
2016 $15,753 $1,333,707 $1,045,707 $288,000
2015 $12,186 $1,030,000 $1,030,000 $0
2014 $12,092 $1,017,915 $1,017,915 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81403921

MLSListings

APN: 513-0735-014-00

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