NOT LISTED FOR SALE

Estimated Value: $4,657,000 - $9,933,445

3 Beds
2 Baths
1,951 Sq Ft
$3,822/Sq Ft Est. Value

Last Sold August 04, 2015

Last sale price $2,800,000 $1,435 Per Sq Ft

Est. 166% increase in value since last sale

Current estimated payment $47,437/month

21 Days on Market

Highlights

  • In Ground Pool
  • Mountain View
  • 2 Fireplaces
  • Argonaut Elementary School Rated A
  • Wood Flooring
  • Formal Dining Room

About This Home

As of August 2015

1+ Acre Nearly Flat with plans for a 6,000+ SF Estate home. Opportunity to build your own custom home and 800+ square foot guest home in an excellent location within walking distance to Redwood Middle, the Library, and West Valley College. Plans nearly approved for Main House - 6359 sf, Garage- 722 sf, Guest House - 817 sf. Existing 1900+ SF home in good condition to rent or live in. Private setting. Saratoga schools.

Last Listed By

William Gorman

Coldwell Banker Realty License #01053691 Listed on: 07/09/2015

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $69,845

Year Built

  • Built in 1947

Lot Details

  • 1.12 Acre Lot
  • Security Fence
  • Gated Home
  • Sprinklers on Timer
  • Mostly Level
  • Drought Tolerant Landscaping
  • Grass Covered Lot
  • Back Yard
  • Zoning described as R140

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Electric Gate
  • Secured Garage or Parking
  • Guest Parking

Home Design

  • Wood Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,951 Sq Ft Home
  • 1-Story Property
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Separate Family Room
  • Formal Dining Room
  • Mountain Views
  • Washer and Dryer Hookup

Kitchen

  • Built-In Oven
  • Electric Cooktop
  • Dishwasher
  • Tile Countertops

Flooring

  • Wood
  • Stone
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Outdoor Features

  • In Ground Pool
  • Barbecue Area

Horse Facilities and Amenities

  • Horses Potentially Allowed on Property

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • 220 Volts

Listing and Financial Details

  • Assessor Parcel Number 397-13-017

Home Details

Home Type

Single Family

Est. Annual Taxes

$69,845

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch
  • Age: 68
  • Listing Class: Residential
  • Structure Sq Ft: 1951
  • Year Built: 1947
  • Zoning Description: R140
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Starter, Wood Burning
  • Dining Room: Formal Dining Room
  • Kitchen: 220 Volt Outlet, Cooktop - Electric, Countertop - Tile, Dishwasher, Exhaust Fan, Oven - Built-In
  • Living Sq Ft: 1951
  • Stories: 1
  • Security: Secured Garage / Parking, Security Fence
  • Laundry: Hookups Only
  • Flooring: Hardwood, Stone, Tile, Vinyl / Linoleum
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Stall Shower, Tile, Tub
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Pool Description: Pool - In Ground
  • Roof: Wood Shakes / Shingles
  • View: Mountains
  • Yard/Grounds: Back Yard, BBQ Area, Drought Tolerant Plants, Low Maintenance, Sprinklers - Auto, Sprinklers - Lawn
  • Horse Property: Possible
  • Pool: Yes
  • Fencing: Fenced, Gate

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 20
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Detached Garage, Electric Gate, Enclosed, Gate / Door Opener, Guest / Visitor Parking, Parking Area

Utilities

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

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 - Mostly Level
  • Parcel Number: 397-13-017
  • Lot Acres: 1.1150
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 48547.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 48547.00

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

Closed on
Jun 3, 2024
Sold by
Kataru Naga Sridhar and Vemula Padmaja
Bought by
Kataru-Vemula Family 2024 Trust and Kataru
Total Days on Market
21
Current Estimated Value
$7,456,361

Purchase Details

Listed on
Jul 9, 2015
Closed on
Jul 31, 2015
Sold by
Li Wenting and Jiang Yan
Bought by
Kataru Naga Sridhar and Vemula Padmaja
Seller's Agent
William Gorman
Coldwell Banker Realty
Buyer's Agent
William Gorman
Coldwell Banker Realty
List Price
$2,999,000
Sold Price
$2,800,000
Premium/Discount to List
-$199,000
-6.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.64%

Purchase Details

Listed on
Jun 17, 2013
Closed on
Jul 23, 2013
Sold by
Bano Robert and Bano Robin
Bought by
Li Wenting and Jiang Yan
Seller's Agent
Mary Prochnow
Prochnow Realtors
Buyer's Agent
Lily Wu
Intero Real Estate Services
List Price
$2,100,000
Sold Price
$2,000,000
Premium/Discount to List
-$100,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.22%
Original Mortgage
$1,600,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 21, 2011
Sold by
Bano Fiorella
Bought by
Bano Fiorella

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.05%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 6, 2011
Sold by
Bano Anselmo and Bano Fiorella
Bought by
Bano Fiorella

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.05%
Mortgage Type
Stand Alone Second

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
Kataru-Vemula Family 2024 Trust -- None Listed On Document
Kataru Naga Sridhar $2,800,000 Old Republic Title Company
Li Wenting $2,000,000 Old Republic Title Company
Bano Fiorella -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kataru Naga Sridhar $4,434,000
Previous Owner Li Wenting $1,555,000
Previous Owner Li Wenting $1,600,000
Previous Owner Bano Andrew R $640,000
Previous Owner Bano Andrew R $200,000
Previous Owner Bano Fiorella $200,000
Previous Owner Bano Anselmo $100,000
Previous Owner Bano Anselmo $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2015 08/04/15 Sold $2,800,000 -6.6% $1,435 / Sq Ft
07/30/2015 07/30/15 Pending -- -- --
07/09/2015 07/09/15 For Sale $2,999,000 +50.0% $1,537 / Sq Ft
07/31/2013 07/31/13 Sold $2,000,000 -4.8% $1,025 / Sq Ft
07/02/2013 07/02/13 Pending -- -- --
06/17/2013 06/17/13 For Sale $2,100,000 -- $1,076 / 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 $69,845 $5,873,620 $3,015,247 $2,858,373
2022 $68,401 $5,758,452 $2,956,125 $2,802,327
2021 $67,334 $5,645,542 $2,898,162 $2,747,380
2020 $63,858 $5,406,858 $2,868,445 $2,538,413
2019 $43,473 $3,646,053 $2,812,201 $833,852
2018 $33,151 $2,757,060 $2,757,060 $0
2017 $34,869 $2,856,000 $2,703,000 $153,000
2016 $33,884 $2,800,000 $2,650,000 $150,000
2015 $24,762 $2,039,960 $1,835,964 $203,996
2014 -- $2,000,000 $1,800,000 $200,000
Source: Public Records

Agents Affiliated with this Home

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Source: MLSListings

MLS Number: ML81484477

MLSListings

APN: 397-13-017