NOT LISTED FOR SALE

Estimated Value: $5,260,107 - $6,662,000

5 Beds
5 Baths
5,058 Sq Ft
$1,206/Sq Ft Est. Value

Last Sold July 10, 2020

Last sale price $2,350,000 $465 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $36,549/month

79 Days on Market

Highlights

  • Mountain View
  • Modern Architecture
  • Fireplace
  • Westmont High School Rated A
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of July 2020

Create your Dream Home/Family Estate with level 1.44 Acre lot on tranquil Sobey Road in Saratoga. One option is to build an 800 sqft Additional Dwelling Unit (Seller received verbal info from planning dept. this is possible) on the property while you remodel or build your new home. Existing tennis court and swimming pool for your growing family and entertainment. The possibilities are only limited by your imagination. Secluded, serene, creekside setting is gated and set back from the road. Surrounded by existing estate properties. Potential for vineyards! Excellent Marshall Lane and Rolling Hills Schools.

Last Listed By

Jackie Miano

KW Bay Area Estates License #00990781 Listed on: 02/10/2020

KW Bay Area Estates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,147

Year Built

  • 1989

Lot Details

  • 1.43 Acre Lot
  • West Facing Home
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Uncovered Parking
  • Off-Site Parking

Property Views

  • Mountain
  • Neighborhood

Home Design

  • Modern Architecture
  • Pillar, Post or Pier Foundation

Interior Spaces

  • 5,058 Sq Ft Home
  • 2-Story Property
  • Fireplace

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Additional Features

  • Horses Potentially Allowed on Property
  • Forced Air Heating and Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,147

Year Built

1989

Lot Details

0

Parking

2

Listing Details

  • Zoning: R140
  • Subclass: Single Family Home
  • Style: Modern / High Tech
  • Age: 31
  • Listing Class: Residential
  • Structure Sq Ft: 5058
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1989

Interior Features

  • Fireplace: Yes
  • Living Sq Ft: 5058
  • Stories: 2
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 5
  • Total Bedrooms: 5

Exterior Features

  • Foundation: Post And Pier
  • View: Mountains, Neighborhood
  • Horse Property: Possible
  • Property Faces: West

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Detached Garage, Off-Site Parking, Uncovered Parking

Utilities

  • Cooling System: Central Ac
  • Heating System: Forced Air
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: Campbell Union High

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 1.4340
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 62465.04
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 62465.04

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2020
Closed on
Jul 1, 2020
Sold by
Ben David Ortal
Bought by
Liberty Mor
Seller's Agent
Jackie Miano
KW Bay Area Estates
Buyer's Agent
Mike Magen & Magen Group
Intero Real Estate Services
List Price
$3,399,888
Sold Price
$2,350,000
Premium/Discount to List
-$1,049,888
-30.88%
Total Days on Market
79
Current Estimated Value
$6,098,277

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,748,277
Avg. Annual Appreciation
21.33%
Original Mortgage
$1,350,000
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 10, 2020
Closed on
May 21, 2020
Sold by
Yu Arthur Yat Wah and Yu Shelley Mayli
Bought by
Liberty Mor
Seller's Agent
Jackie Miano
KW Bay Area Estates
Buyer's Agent
Mike Magen & Magen Group
Intero Real Estate Services
List Price
$3,399,888
Sold Price
$2,350,000
Premium/Discount to List
-$1,049,888
-30.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,350,000
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 2014
Sold by
Yu Arthur Y and Yu Shelley M N
Bought by
Yu Arthur Yat Wah and Yu Shelley Y

Purchase Details

Closed on
May 14, 2003
Sold by
Yu Arthur Y and Yu Shelley M N
Bought by
Yu Arthur Y and Yu Shelley M N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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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
Liberty Mor -- Chicago Title Company
Liberty Mor $2,350,000 Chicago Title Company
Yu Arthur Yat Wah -- None Available
Yu Arthur Y -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liberty Mor $1,398,000
Closed Liberty Mor $1,350,000
Previous Owner Yu Arthur Y $500,000
Previous Owner Yu Arthur Y $100,000
Previous Owner Yu Arthur Y $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2020 07/10/20 Sold $2,350,000 -28.8% $465 / Sq Ft
04/30/2020 04/30/20 Pending -- -- --
02/10/2020 02/10/20 Price Changed $3,299,888 -2.9% $652 / Sq Ft
02/10/2020 02/10/20 For Sale $3,399,888 -- $672 / 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
2023 $30,147 $2,444,940 $2,392,920 $52,020
2022 $29,836 $2,397,000 $2,346,000 $51,000
2021 $29,386 $2,350,000 $2,300,000 $50,000
2020 $10,477 $798,286 $134,604 $663,682
2019 $10,321 $782,634 $131,965 $650,669
2018 $10,079 $767,289 $129,378 $637,911
2017 $9,930 $752,245 $126,842 $625,403
2016 $9,333 $737,496 $124,355 $613,141
2015 $9,176 $726,420 $122,488 $603,932
2014 $8,785 $712,191 $120,089 $592,102
Source: Public Records

Agents Affiliated with this Home

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Source: MLSListings

MLS Number: ML81782102

MLSListings

APN: 397-04-037