NOT LISTED FOR SALE

Estimated Value: $1,894,427 - $2,083,000

4 Beds
4 Baths
2,235 Sq Ft
$881/Sq Ft Est. Value

Sale Details

Date Sold: November 24, 2020

Last sale price $1,430,000 $640 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $12,192 / mo

About This Home

North-East Facing Gale Ranch Home! This home has a casita with 1 bedroom and 1 full bathroom, perfect for multigenerational living or for a private home office! Huge living room w/dramatic high vaulted ceilings, gas fireplace w/mantle, surround sound speakers and decorative light fixtures. Chef's kitchen w/granite countertops, center island w/breakfast bar, stainless steel appliances, gas range, large pantry, and built-in desk. Upstairs laundry room w/cabinets & utility sink. Spacious secondary bedrooms. Luxurious Owner's Suite w/Hardwood Flooring, Large Walk-In Closet, Dual Vanities, Soaking Tub, and Standing Shower w/Bench. Private backyard w/No rear neighbors! Beautifully landscaped w/paver patio, retractable awning, pond w/fountain, fruit trees & more. Ideal yard to entertain and relax! Solar Power is Owned (not Leased)! Don't miss this opportunity to purchase this move-in ready Gale Ranch Home!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2020
Closed on
Nov 19, 2020
Sold by
Sarangapani Raghu and Ganesh Archana
Bought by
Yao Meng and Pan Lin
Seller's Agent
Rama Mehra
Buyer's Agent
Xiaqin Gu
Coldwell Banker Realty
List Price
$1,250,000
Sold Price
$1,430,000
Premium/Discount to List
$180,000
14.4%
Current Estimated Value
$1,968,107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$538,107
Avg. Annual Appreciation
6.02%
Original Mortgage
$765,000
Outstanding Balance
$680,741
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,287,366

Purchase Details

Closed on
Nov 15, 2013
Sold by
Shapell Industries Inc
Bought by
Sarangapani Raghu and Ganesh Archana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$743,760
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Yao Meng $1,430,000 Chicago Title Company
Sarangapani Raghu $930,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yao Meng $765,000
Previous Owner Sarangapani Raghu $743,760
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/04/2025 02/04/25 Off Market $1,430,000 -- --
11/24/2020 11/24/20 Sold $1,430,000 +14.4% $640 / Sq Ft View Prior Sale
10/23/2020 10/23/20 Pending -- -- --
10/17/2020 10/17/20 For Sale $1,250,000 -- $559 / Sq Ft

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 $20,018 $1,547,877 $736,053 $811,824
2024 $19,241 $1,517,527 $721,621 $795,906
2023 $19,241 $1,487,772 $707,472 $780,300
2022 $18,924 $1,458,600 $693,600 $765,000
2021 $18,458 $1,430,000 $680,000 $750,000
2019 $14,026 $1,031,210 $659,348 $371,862
2018 $13,503 $1,010,991 $646,420 $364,571
2017 $13,017 $991,169 $633,746 $357,423
2016 $12,827 $971,735 $621,320 $350,415
2015 $12,547 $948,275 $611,988 $336,287
2014 $12,363 $929,700 $600,000 $329,700
Source: Public Records

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