NOT LISTED FOR SALE

Estimated Value: $2,194,000 - $2,405,000

4 Beds
3.5 Baths
2,083 Sq Ft
$1,094/Sq Ft Est. Value

Last Sold August 10, 2016

Last sale price $1,625,000 $780 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $13,921/month

6 Days on Market

Highlights

  • Contemporary Architecture
  • Wood Flooring
  • High Ceiling
  • Don Callejon School Rated A
  • Hydromassage or Jetted Bathtub
  • Granite Countertops

About This Home

As of August 2016

Rarely available, sought after two-story home in Rivermark The Arbors Plan 3. This bright and gorgeous home is located on a quiet, tree-lined street near Live Oak Park. It features an updated kitchen w/granite counter tops, plentiful wood cabinetry and stainless steel appliances, a spacious living room with gas fireplace, handsome hardwood floors and new paint throughout, many bright windows. Upstairs are four bedrooms, including the master suite with tray ceiling, lounge area/study, luxurious adjoining bath, and walk-in closet with custom built-in storage systems; plus a junior master suite, full guest bath and laundry room. Summer is the best time to enjoy relaxing on the fully landscaped, slate tile back yard or on the front porch. Walk to Rivermark Plaza shopping, dining, community pool, parks, public library and Don Callejon School.

Last Agent to Sell the Property

Mei Ling

Century 21 MM License #01425296 Listed on: 06/22/2016

Century 21 MM

Last Buyer's Agent

Sophia Xu

Keller Williams Palo Alto License #01945147

Keller Williams Palo Alto

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,534

Year Built

  • Built in 2003

Lot Details

  • 3,049 Sq Ft Lot
  • Back Yard
  • Zoning described as PD

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Guest Parking

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 2,083 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Gas Fireplace
  • Double Pane Windows
  • Separate Family Room
  • Formal Dining Room
  • Alarm System

Kitchen

  • Breakfast Bar
  • Built-In Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • 220 Volts
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 097-94-003

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area electricity, insurance - common area, landscaping / gardening, maintenance - common area, management fee, pool spa or tennis, reserves
  • Compass Management Association
  • Built by Rivermark
  • Greenbelt

Recreation

  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,534

Year Built

Built in 2003

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Contemporary
  • Age: 13
  • Listing Class: Residential
  • Structure Sq Ft: 2083
  • Complex Name: Rivermark
  • Year Built: 2003
  • Zoning Description: PD
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Burning, Gas Starter
  • Dining Room: Breakfast Bar, Dining Area, Formal Dining Room
  • Kitchen: 220 Volt Outlet, Cooktop - Gas, Countertop - Granite, Dishwasher, Exhaust Fan, Garbage Disposal, Microwave, Oven - Built-In, Pantry Cabinet, Refrigerator
  • Living Sq Ft: 2083
  • Stories: 2
  • Security: Security Alarm
  • Laundry: Hookup - Washer/Dryer, Washer / Dryer
  • Flooring: Hardwood, Tile
  • Additional Rooms: Laundry Room
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Shower and Tub, Stall Shower, Tile, Tub, Tub with Jets
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Tile
  • Yard/Grounds: Back Yard

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Gate / Door Opener, Guest / Visitor Parking

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 125
  • HOA Amenities: Community Pool, Garden / Greenbelt / Trails, Playground
  • Association Fees Include: Common Area Electricity, Insurance - Common Area, Landscaping / Gardening, Maintenance - Common Area, Management Fee, Pool, Spa, or Tennis, Reserves
  • H O A Name Text: Compass Management
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Walk-in Closet

Schools

  • School District: Santa Clara Unified
  • Elementary School: Don Callejon
  • High School: Santa Clara High
  • High School: 408
  • Elementary School: 1101

Lot Info

  • Parcel Number: 097-94-003
  • Lot Acres: 0.0700
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3060.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 3060.00

Green Features

  • Energy Features: Double Pane Windows

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Santa Clara Unified
  • Elementary School Text: Don Callejon
  • High School Text: Santa Clara High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2016
Closed on
Aug 2, 2016
Sold by
Chawla Sumit
Bought by
Hebert Marc B and Pan Cheng
Seller's Agent
Mei Ling
Century 21 MM
Buyer's Agent
Sophia Xu
Keller Williams Palo Alto
List Price
$1,488,000
Sold Price
$1,625,000
Premium/Discount to List
$137,000
9.21%
Current Estimated Value
$2,278,206

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$653,206
Avg. Annual Appreciation
3.76%
Original Mortgage
$1,218,750
Outstanding Balance
$972,421
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$1,305,785

Purchase Details

Closed on
Nov 14, 2005
Sold by
Tam Terry S and Tang Courtney W
Bought by
Chawla Sumit

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$792,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 2, 2005
Sold by
Chawla Shubha
Bought by
Chawla Sumit

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$792,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 7, 2003
Sold by
Centex Homes
Bought by
Tam Terry S and Tang Courtney W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,650
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
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
Hebert Marc B $1,625,000 Chicago Title Company
Chawla Sumit $990,000 First American Title Company
Chawla Sumit -- First American Title Company
Tam Terry S $681,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hebert Marc B $1,218,750
Previous Owner Chawla Sumit $792,000
Previous Owner Chawla Sumit $148,500
Previous Owner Tam Terry S $544,650
Closed Tam Terry S $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/10/2016 08/10/16 Sold $1,625,000 +9.2% $780 / Sq Ft
06/29/2016 06/29/16 Pending -- -- --
06/22/2016 06/22/16 For Sale $1,488,000 -- $714 / 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 $21,534 $1,885,947 $1,160,584 $725,363
2024 $21,534 $1,848,969 $1,137,828 $711,141
2023 $21,317 $1,812,716 $1,115,518 $697,198
2022 $20,960 $1,777,174 $1,093,646 $683,528
2021 $20,880 $1,742,328 $1,072,202 $670,126
2020 $20,500 $1,724,463 $1,061,208 $663,255
2019 $20,472 $1,690,650 $1,040,400 $650,250
2018 $19,149 $1,657,500 $1,020,000 $637,500
2017 $19,055 $1,625,000 $1,000,000 $625,000
2016 $13,363 $1,142,857 $519,481 $623,376
2015 $13,311 $1,125,691 $511,678 $614,013
2014 $12,658 $1,103,641 $501,655 $601,986
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81591853

MLSListings

APN: 097-94-003