NOT LISTED FOR SALE

Estimated Value: $6,339,000 - $6,874,554

5 Beds
6.5 Baths
6,100 Sq Ft
$1,096/Sq Ft Est. Value

Last Sold January 13, 2023

Last sale price $6,064,500 $994 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $41,236/month

58 Days on Market

Highlights

  • Art Studio
  • Home Theater
  • Sauna
  • Wine Cellar
  • Private Pool
  • Solar Power System

About This Home

As of January 2023

Welcome to one of the premier, tree-lined streets in Willow Glen located near downtown Willow Glen. Newport Avenue has long been associated with large, elegant estates. This is a rare, once in a lifetime opportunity for the right homeowner. Build by Craig Rogers approximately ten years ago, no expense was spared in the creation of this of this magnificent gated property. Talented artisans worked their magic in the installing the exceptional millwork and ceiling treatments. These dramatic vaulted ceilings reach for the heavens. Fine hardwoods, natural stone surfaces, custom tilework, solid hardwood doors and hand-scraped walnut floors are evident throughout the home. An amenities list is available.

Last Listed By

Patrick Farnsworth

Christie's International Real Estate Sereno License #00915656 Listed on: 10/03/2022

Christie's International Real Estate Sereno

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $47,772

Year Built

  • Built in 2012

Lot Details

  • 0.59 Acre Lot
  • Kennel or Dog Run
  • Sprinklers on Timer
  • Zoning described as R1-8

Parking

  • 5 Car Detached Garage
  • Garage Door Opener
  • Electric Gate
  • Guest Parking

Home Design

  • Traditional Architecture
  • Wood Frame Construction
  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 6,100 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Entertainment System
  • Vaulted Ceiling
  • Two Way Fireplace
  • Double Pane Windows
  • Formal Entry
  • Wine Cellar
  • Family Room with Fireplace
  • 3 Fireplaces
  • Great Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Theater
  • Den
  • Library
  • Bonus Room
  • Art Studio
  • Utility Room
  • Sauna

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Eat-In Kitchen
  • Double Oven
  • Gas Oven
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone
  • Travertine

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level

Home Security

  • Security Gate
  • Alarm System

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Balcony
  • Outdoor Fireplace
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan

Additional Features

  • Solar Power System
  • 600 SF Accessory Dwelling Unit

Listing and Financial Details

  • Assessor Parcel Number 429-30-017

Home Details

Home Type

Single Family

Est. Annual Taxes

$47,772

Year Built

Built in 2012

Lot Details

0

Parking

5

Listing Details

  • Subclass: Single Family Home
  • Style: Traditional
  • Age: 10
  • Listing Class: Residential
  • Second Res Apx Sq Ft: 600
  • Structure Sq Ft: 6100
  • Year Built: 2012
  • Zoning Description: R1-8
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Dual See Thru, Family Room, Living Room
  • Dining Room: Breakfast Nook, Eat in Kitchen, Formal Dining Room
  • Kitchen: Countertop - Granite, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Island with Sink, Microwave, Oven - Double, Oven Range - Gas, Pantry, Refrigerator
  • Living Sq Ft: 6100
  • Stories: 2
  • Security: Security Alarm
  • Bedrooms: Ground Floor Bedroom, More than One Primary Bedroom, Primary Bedroom on Ground Floor, Primary Suite / Retreat, Walk-in Closet
  • Laundry: In Utility Room, Upper Floor
  • Flooring: Carpet, Hardwood, Stone, Travertine
  • Additional Rooms: Artist Studio, Bonus / Hobby Room, Den / Study / Office, Formal Entry, Great Room, Laundry Room, Library, Media / Home Theater, Office Area, Storage, Utility Room, Wine Cellar / Storage
  • Fireplaces Min: 3
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Bathroom: Full on Ground Floor, Half on Ground Floor, Primary - Stall Shower(s), Sauna, Shower and Tub, Shower over Tub - 1, Stall Shower - 2+, Tub in Primary Bedroom, Tubs - 2+
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Spa / Hot Tub, Steam Room or Sauna
  • Roof: Tile
  • Yard/Grounds: Balcony / Patio, Dog Run / Kennel, Outdoor Fireplace, Sprinklers - Auto, Storage Shed / Structure
  • Pool: Yes
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 5
  • Garage Max: 5
  • Garage Min: 5
  • Garage Parking Features: Attached Garage, Detached Garage, Electric Gate, Gate / Door Opener, Guest / Visitor Parking

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Security Gate, Vaulted Ceiling, Video / Audio System, Walk-in Closet, Wet Bar

Schools

  • School District: San Jose Unified

Lot Info

  • Parcel Number: 429-30-017
  • Lot Acres: 0.5889
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 25652.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 25652.00

Green Features

  • Energy Features: Double Pane Windows, Solar Power

Multi Family

  • Utilities: Public Utilities
  • Second Unit Description: Outbuilding

MLS Schools

  • High School District Text: San Jose Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2022
Closed on
Dec 6, 2022
Sold by
Burns Family Trust
Bought by
Tu Kelvin and Hong Josie
Seller's Agent
Patrick Farnsworth
Christie's International Real Estate Sereno
Buyer's Agent
Gina Pham
Intellity Real Estate Services
List Price
$6,399,000
Sold Price
$6,064,500
Premium/Discount to List
-$334,500
-5.23%
Total Days on Market
58
Views
194
Current Estimated Value
$6,687,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$623,018
Avg. Annual Appreciation
4.36%
Original Mortgage
$3,250,000
Outstanding Balance
$3,174,764
Interest Rate
7.38%
Mortgage Type
New Conventional
Estimated Equity
$3,512,754

Purchase Details

Closed on
Jul 26, 2013
Sold by
Burns William B
Bought by
Burns William B and Burns Susan T

Purchase Details

Listed on
Jun 21, 2012
Closed on
Jul 12, 2012
Sold by
Burns Susan T
Bought by
Burns William B
Seller's Agent
Janee Medved
Claremont Properties
Buyer's Agent
Janee Medved
Claremont Properties
Sold Price
$3,650,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.85%
Original Mortgage
$2,096,250
Interest Rate
2.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 21, 2012
Closed on
Jul 10, 2012
Sold by
Rogers Craig A and Rogers Debra A
Bought by
Burns William B
Seller's Agent
Janee Medved
Claremont Properties
Buyer's Agent
Janee Medved
Claremont Properties
Sold Price
$3,650,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,096,250
Interest Rate
2.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 21, 2010
Sold by
Ritchie Mary Jo
Bought by
Rogers Craig A and Rogers Debra A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$698,750
Interest Rate
4.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2003
Sold by
Ritchie James E and Ritchie Mary Jo
Bought by
Ritchie James E and Ritchie Mary Jo

Purchase Details

Closed on
Jan 30, 1998
Sold by
Ritchie B J
Bought by
Ritchie James E and Jansen Linda Rae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 29, 1998
Sold by
Ritchie James E
Bought by
Ritchie James E and Ritchie Mary Jo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 15, 1997
Sold by
Ritchie Burnett J and Ritchie B
Bought by
Ritchie James E

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
Tu Kelvin $6,064,500 Chicago Title
Burns William B -- None Available
Burns William B -- Chicago Title Company
Burns William B $3,650,000 Chicago Title Company
Rogers Craig A $1,200,000 Chicago Title Company
Ritchie James E -- None Available
Ritchie James E -- North American Title Co
Ritchie James E -- North American Title Co
Ritchie James E $67,000 North American Title Co
Ritchie James E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tu Kelvin $3,250,000
Previous Owner Burns William B $2,096,250
Previous Owner Rogers Craig A $1,925,000
Previous Owner Rogers Craig A $698,750
Previous Owner Ritchie James E $450,000
Previous Owner Ritchie James E $375,000
Previous Owner Ritchie Mary Jo $200,000
Previous Owner Ritchie James E $45,000
Previous Owner Ritchie James E $90,000
Closed Tu Kelvin $690,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2023 01/13/23 Sold $6,064,500 -5.2% $994 / Sq Ft
11/30/2022 11/30/22 Pending -- -- --
11/28/2022 11/28/22 For Sale $6,399,000 0.0% $1,049 / Sq Ft
10/20/2022 10/20/22 Pending -- -- --
10/03/2022 10/03/22 For Sale $6,399,000 +75.3% $1,049 / Sq Ft
07/17/2012 07/17/12 Sold $3,650,000 -- $562 / Sq Ft
06/21/2012 06/21/12 Pending -- -- --
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
2023 $47,772 $3,904,725 $2,367,218 $1,537,507
2022 $47,327 $3,828,162 $2,320,802 $1,507,360
2021 $46,500 $3,753,101 $2,275,297 $1,477,804
2020 $45,487 $3,714,618 $2,251,967 $1,462,651
2019 $44,553 $3,641,783 $2,207,811 $1,433,972
2018 $44,164 $3,570,376 $2,164,521 $1,405,855
2017 $43,849 $3,500,370 $2,122,080 $1,378,290
2016 $42,189 $3,328,753 $2,080,471 $1,248,282
2015 $41,978 $3,278,753 $2,049,221 $1,229,532
2014 $40,583 $3,214,528 $2,009,080 $1,205,448
Source: Public Records

Agents Affiliated with this Home

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Source: MLSListings

MLS Number: ML81908214

MLSListings

APN: 429-30-017