NOT LISTED FOR SALE

Estimated Value: $5,593,000 - $8,226,000

3 Beds
2 Baths
2,982 Sq Ft
$2,319/Sq Ft Est. Value

Last Sold May 08, 2018

Last sale price $3,000,000 $1,006 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $44,694/month

56 Days on Market

Highlights

  • Private Pool
  • View of Hills
  • Wood Flooring
  • Saratoga Elementary School Rated A
  • Deck
  • 2 Fireplaces

About This Home

As of May 2018

AMAZING OPPORTUNITY! SHOVEL READY TO BUILD A WORLD CLASS ESTATE! THE VERY BEST PRIME PLATINUM SARATOGA LOCATION! OPTION TO BUILD ONE OF TWO SPECTACULAR ARCHITECTURAL MASTERPIECES! APPROVED BUILDING PERMIT TO BUILD 7,140SF KOHLSAAT DESIGNED ESTATE HOME OR SECOND OPTION TO BUILD AN 8,300SF KOHLSAAT DESIGNED ULTRA MODERN MASTERPIECE! AMAZING ALL FLAT PRIVATE 1.16 ACRE PARCEL!! QUIET PRIVATE MULTI MILLION DOLLAR PLATINUM NEIGHBORHOOD! MOMENTS TO SARATOGA VILLAGE, DWNTWN LOS GATOS, NETFLIX, APPLE, COURTSIDE TENNIS CLUB AND EASY ACCESS TO ALL OF SILICON VALLEY! EXISTING 3,000+/- SF CONTEMPORARY HOME! HAVE IT ALL! PERFECT LOCATION MOMENTS TO EVERYTHING! BRAND NEW CUSTOM ESTATE HOME! ENTERTAINER'S BACKYARD WITH INFINITY POOL! THE VERY BEST AWARD WINNING SARATOGA SCHOOLS! MUST SEE!

Last Listed By

Romy Grau

KW Bay Area Estates License #01237958 Listed on: 03/01/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $74,053

Year Built

  • Built in 1956

Lot Details

  • 1.16 Acre Lot
  • Fenced
  • Level Lot
  • Grass Covered Lot
  • Back Yard
  • Zoning described as R140

Home Design

  • Wood Frame Construction
  • Shake Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,982 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • 2 Fireplaces
  • Dining Area
  • Bonus Room
  • Views of Hills

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Electric Cooktop
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Parking

  • 4 Parking Spaces
  • 1 Carport Space

Outdoor Features

  • Private Pool
  • Deck
  • Barbecue Area

Utilities

  • Forced Air Heating System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 397-11-014

Home Details

Home Type

Single Family

Est. Annual Taxes

$74,053

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch
  • Age: 62
  • Listing Class: Residential
  • Structure Sq Ft: 2982
  • Incorporated: Yes
  • Year Built: 1956
  • Zoning Description: R140
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Dining Room: Dining Area, Eat in Kitchen
  • Kitchen: Cooktop - Electric, Dishwasher
  • Living Sq Ft: 2982
  • Stories: 1
  • Bedrooms: Primary Bedroom on Ground Floor
  • Flooring: Carpet, Hardwood, Tile
  • Additional Rooms: Bonus / Hobby Room
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Shower and Tub
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Shake
  • View: Hills
  • Yard/Grounds: Back Yard, BBQ Area, Deck, Fenced, Low Maintenance
  • Pool: Yes
  • Construction Type: Wood Frame

Garage/Parking

  • Parking Spaces: 4
  • Garage Parking Features: Attached Garage, Carport
  • Carport Min: 1

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: High Ceiling

Schools

  • School District: Los Gatos-Saratoga Joint Union High
  • Middle School: Redwood Middle
  • High School: Saratoga High
  • High School: 264
  • Middle School: 198

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 397-11-014
  • Lot Acres: 1.1616
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 50601.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 50601.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Los Gatos-Saratoga Joint Union High
  • High School Text: Saratoga High
  • Middle School Text: Redwood Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2018
Closed on
May 1, 2018
Sold by
Mangla Vishai Mangla Mad Ritu
Bought by
Ubale Anil W and Sanvane Anuradha
Seller's Agent
Romy Grau
KW Bay Area Estates
Buyer's Agent
Romy Grau
KW Bay Area Estates
List Price
$3,385,000
Sold Price
$3,000,000
Premium/Discount to List
-$385,000
-11.37%
Total Days on Market
56
Current Estimated Value
$6,915,314

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,915,314
Avg. Annual Appreciation
12.71%

Purchase Details

Listed on
Oct 19, 2017
Closed on
Sep 19, 2017
Sold by
Neukomm Daniel Zahn and Neukomm Cheyenne Brown
Bought by
Mangla Vishal and Mangla Ritu
Seller's Agent
Chuck Nunnally
KW Bay Area Estates
Buyer's Agent
Romy Grau
KW Bay Area Estates
List Price
$3,000,888
Sold Price
$2,900,000
Premium/Discount to List
-$100,888
-3.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.36%

Purchase Details

Closed on
Oct 19, 2015
Sold by
Neukomm Daniel Z and Neukomm Cheyenne B
Bought by
Neukomm Family Trust

Purchase Details

Closed on
Jan 19, 2011
Sold by
Neukomm Daniel Z and Neukomm Cheyenne B
Bought by
Neukomm Daniel Z and Neukomm Cheyenne B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,280,000
Interest Rate
4.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 13, 2010
Sold by
Rowen Russell F and Rowen Steven H
Bought by
Neukomm Daniel Z and Neukomm Cheyenne B

Purchase Details

Closed on
Jun 4, 2009
Sold by
Rowen Arline D
Bought by
Rowen Russell F and Rowen Steven H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$938,250
Interest Rate
3.06%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

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
Ubale Anil W $3,000,000 Chicago Title Co
Mangla Vishal $2,900,000 Stewart Title Of Ca Inc
Neukomm Family Trust -- None Available
Neukomm Daniel Z $427,000 Lsi Title Company
Neukomm Daniel Z $1,600,000 Old Republic Title Company
Rowen Russell F -- Fidelity National Title
Rowen Arline D -- Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Neukomm Daniel Zahn $435,000
Previous Owner Neukomm Daniel Z $1,280,000
Previous Owner Neukomm Daniel Z $1,280,000
Previous Owner Rowen Russell F $938,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2018 05/08/18 Sold $3,000,000 -8.4% $1,006 / Sq Ft
04/27/2018 04/27/18 Pending -- -- --
04/02/2018 04/02/18 Price Changed $3,275,000 -3.2% $1,098 / Sq Ft
03/01/2018 03/01/18 For Sale $3,385,000 +16.7% $1,135 / Sq Ft
10/19/2017 10/19/17 Sold $2,900,000 -3.4% $973 / Sq Ft
10/19/2017 10/19/17 Pending -- -- --
10/19/2017 10/19/17 For Sale $3,000,888 -- $1,006 / 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 $74,053 $6,238,937 $3,280,937 $2,958,000
2022 $58,817 $4,937,755 $3,216,605 $1,721,150
2021 $45,159 $3,843,443 $3,153,535 $689,908
2020 $36,290 $3,121,200 $3,121,200 $0
2019 $36,313 $3,060,000 $3,060,000 $0
2018 $34,612 $2,900,000 $2,890,000 $10,000
2017 $21,733 $1,766,246 $1,758,888 $7,358
2016 $21,106 $1,731,614 $1,724,400 $7,214
2015 $20,611 $1,705,604 $1,698,498 $7,106
2014 $20,176 $1,672,194 $1,665,227 $6,967
Source: Public Records

Agents Affiliated with this Home

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Source: MLSListings

MLS Number: ML81694546

MLSListings

APN: 397-11-014