2276 Cirelli Dr, San Jose

Marketing Matters Especially prepared for Aishwarya Rengan and Vijay Raman

Dear Aishwarya Rengan and Vijay Raman,

What’s the difference between selling or home or failing to do so? The details. Whether it’s a proven sales approach, effective marketing campaigns, or utilizing our existing network of qualified agents with the Velasco Group at Intero Real Estate Services, no detail is overlooked.

Who you work with in today’s market matters. With a proven Track record, the right skill set and years of experience, Intero Real Estate Services has all the tools to sell your home. If you’re serious about selling your home, we’re serious about getting the job done.

Joe Velasco, Realtor® 650.833.8498 joe@joevelasco.com LIC. # 01309200

Kim Jennings, Realtor® 408.476.2153 kjennings@interorealestate.com LIC. # 01472678

Facts About Your Home!

Property Details!

Primary Owner: Aishwarya Rengan and Vijay Raman

Property Address: 2276 Cirelli Drive, San Jose

Bedrooms: 5

Bathrooms: 4.5

Zoning: R1

No. of Stories: 2

Year Built: 2013 Garage: 3 Square Feet: 4,250 SF Lot Size: 11,326 SF

Public Schools:! !

Cadwallader Elementary !

George V. LeyVa Intermediate !

Silver Creek High ! ! !

Table of Contents!

-Team -Our network -Magnetic Marketing -our sales approach -competitive market analysis

-joe Velasco -Kim Jennings -rUSTY pAAP -Anita Salas -Marylou maggetti -Greice lane

Teamwork divides the task & multiplies the success.

Recent Achievements!

• Intero Chairman’s Circle 2014 and 2015!

(Ranked Top 1% Worldwide)! !

• Intero President’s Circle 2011, 2012, 2013.! !

• Top 1% Sales Agent/Team at Intero Real Estate Worldwide 2014 and 2015! !

• Best Real Estate Agents in California 2015! !

• Voted “America’s Best Real Estate Agents” for California for Individuals on RealTrends.com 2013! !

• Featured in Top Agent Magazine for 10/2013! !

• Top 10 Company wide Listing Agents at Intero Real Estate!

Joe Velasco

DECEMBER 2015

Mission Statement!

Our clients needs always come first. We strive to always provide value far in excess of our clients expectations. Our constant goal is mutual respect, and long term relationships that are beneficial to all parties.!

Real Service, Real Solutions, Real Estate!!

Joe Velasco, Realtor® Velasco is a licensed real estate agent with the State of California. For many years Velasco has offered full service, innovative and dynamic real estate sales team under the Intero Real Estate Services umbrella creating a recognized and proven brand in the Bay Area. Velasco has been in the real estate business for over 16 years in all three aspects of the business: retail real estate sales, retail lending and real estate investment and home development. Velasco works with all sellers and buyers, that range from luxury home sellers-buyers, represented developers on multi residential home & condo developments as sellers and buyers, long term and short term real estate investors, to your first time home buyers. Since joining Intero Real Estate 2011 , Velasco for three years consecutively has been a Top Sales Agent, making him a member of the elite Presidents Circle @ Intero for 2011, 2012, 2013 and in 2014 earned the prestigious Chairman’s Circle Award ranking him and his team in the top 1% worldwide.! !

Velasco founded two very successful retail and lending companies in 1997 known as, "Americas Realty Inc." and "Baytek Mortgage Inc.," with over 14 locations throughout the Bay Area and Central Valley. In 2006 Velasco successfully sold his chain of retail lending and real estate sales offices. Then in 2009 joined Coldwell Banker Real Estate followed by Intero Real Estate Services in 2o11. With his real estate experience, knowledge and powerful negotiation skills, Mr. Velasco provides a service that continually exceeds both his clients' and investors’ expectations further distinguishing him from the competition. Velasco resides in the Silicon Valley with his beautiful wife and daughters.!

Kimberly Jennings, Realtor® Kimberly Jennings is a licensed Real Estate Agent with 12+ years experience. Jennings initially started her career in commercial and residential lending. Jennings in 2002 made the transition into residential real estate sales.

Through her highly developed network of professionals, Jennings has represented many home sellers, buyers and select pool of developers which gained her recognition quickly as a top agent.!

Jennings clients appreciate her excellent communication and negotiation skills. Her commitment and dedication has given her the ability to match people with select property. Jennings realizes that each individual-family has specific needs and she works hard to ensure that those needs and wants are not just met, but exceeded.!

Jennings resides in the Silicon Valley with her husband and is a proud mother of three. Prior to joining the real estate industry, Jennings was a two-sport athlete at the University of Southern California where she played basketball and soccer. Kim went on to play professional soccer in the WUSA where she competed and traveled with the best players in the world. She knows exactly what it takes to be on a winning team!! !

Rusty Paap, Realtor® Paap began his real estate career at just 19 years old. Working as an assistant to a high-volume mortgage and real estate broker, he learned the intricacies of both mortgage finance and residential home sales quickly, giving him a unique blend of knowledge and experience. Within four short years, Rusty’s work ethic and strong organizational skills sparked a promotion to Office Manager, where he was able to oversee the rapid expansion of the company in both size and sales volume.! !

While working as full time manager, Rusty was active in industry helping families buy, sell, and refinance—as well as pursuing an English degree at San Jose State University. Aside from his real estate career, Rusty Paap is also a published writer having written several profile articles on World War II and Korean War veterans in hopes to honor their courage. Rusty also owns a recording /publishing company where he has executive produced, performed on, and co-engineered countless songs, some of which have garnered substantial play in rotation at the local college radio station, KSJS!

Anita Salas, Realtor ® Anita Salas brings 8+ years of real estate experience, a reliable real estate agent on your side to smooth the way and get the job done! Anita's enthusiasm and dedication brought her to Velasco Group to both advocate for the home buyers or assist the home seller to successfully sell their home.!

Her clients benefit from the latest internet tools to help them analyze home values, advertise homes, search for homes, and familiarize them with the market. When Anita is not selling real estate she enjoys her free time with family, friends and the Marina-Yacht Life. !

Marylou Maggetti, Realtor® Since 2007, MaryLou Maggetti has been helping clients throughout Silicon Valley buy and sell real estate for the best possible price. An attentive listener and accomplished negotiator, MaryLou understands what it takes to close a deal. Always upholding the highest level of integrity to represent the best interests of her clients, she is committed to honest and open communications, and impeccable customer service. MaryLou is a Silicon Valley native with an intimate understanding of the local real estate market and its diverse neighborhoods. Whether helping first time buyers to find their perfect home, or helping sellers maximize the market, MaryLou’s knowledge, determination and passion are evident in each transaction.!

Prior to becoming a licensed Realtor, MaryLou worked in mortgage lending. Her experience with financial institutions and the lending process gives her insights beyond the average Realtor, to guide clients through the financial complexities of real estate transactions, successfully and worry-free. MaryLou speaks fluent Spanish and is a member of the National Hispanic Organization of Real Estate Associates (NHORA).When not selling real estate, MaryLou enjoys wine tasting, a passion for the arts and spending time with friends and family.! !

Greice Lane, Marketing Assistant Greice Kasper is Velasco Group's, Executive Marketing and Administrative Assistant. Ms. Kasper graduated with a B.S. in Business Management from San Diego State University and recently relocated from San Diego to Palo Alto. She is excited to grow her career in the Bay Area with The Velasco Group at Intero Real Estate.! !

Greice is experienced in supporting high level executives. Most recently, she supported a very prestigious Commercial Real Estate office in La Jolla, California. There she fulfilled several roles such as social media guru, asset management coordinator, California Notary, and bank reconciliations expert.!

During her free time she enjoys spending time with her fiancé and family, traveling to exotic places and reading. !

Relationships That Sell!

The National Association of RealtorsÂŽ stats that all properties sell because of Agents. At the Velasco Group, we specialize in:!

- Broker Tours!

- Agent Networking!

- Relationships with Top 100 Agents along the Coast!

- Intero Network of more than 42,000 agents!

- National Referral Network!

- Conventions Networking and more‌.!

- Top Agent Network!

Our network, local relationships and global! reach will help you sell your home faster and ! for more money.!

Our Network

As an affiliate of Leading Real Estate Companies of the World® our company is a global — not just local real estate company working on your behalf. LeadingRE provides world-class marketing and resources, allowing us to provide the very best service.

Our organization produced more home sales volume in 2013 than any national real estate network, $314 billion, representing over one million transactions.

MORE U.S. HOME SALES VOLUME IN 2013 THAN ANY NATIONAL REAL ESTATE BRAND

Volume shown in billions of dollars 300

$314

Intero and Leading Real Estate Companies of the World

Intero and Leading Real Estate Companies of the World ® Coldwell Banker RE/MAX Keller Williams Century 21 Prudential Berkshire Hathaway Home Services Real Living Sotheby’s International Realty ERA Realty Executives Better Homes & Gardens

$267

$221

250

200

150

$131 $122 $114

100

$80 50

$44 $28

$22

$19 $12

Actual member statistics for LeadingRE and estimates for other networks using average sales units per agent and average sales price for firms in each respective network from published sources for 2013 production.

0

Magnetic Marketing cuStoMizeD for your hoMe by the velaSco group

1

mag-net-ic mar-ket-ing

Attraction based marketing; we use many ways to capture attention and interest of buyer prospects such as:

We provide you with the most comprehensive, innovative marketing campaign, using tools that other agents simply do not offer.

Marketing Proposal!

The Velasco Group!

- Team Approach! !

- Professional Photography! !

- Local News Ads! !

- Advertising in Local, !

Regional and National!

Publications! !

- Customized Direct Mail!

Campaigns! !

- 4 page Brochures! !

- Specialized Property!

Websites! !

- Customized Video Tours!

Posted to Multiple Websites! !

- Electronic Ad Campaign!

Sent to Thousands of Potential!

Buyers! !

- Weekly Open Houses!

Including Holidays!

VS.!

Other Agents!

-Solo Agent! !

-Print & Shoot! !

-No Weekly Ads! !

-Limited Print !

Advertising! ! !

-No Direct Mail!

Campaign! !

-One Sided Flyer! !

-No Website! ! !

-No Video Tours! ! !

-No Electronic Ad! Campaign! ! !

-Inconsistent Open!

House Schedule!

“The Velasco Group kept their word. They created a specific strategy! for our home, raised the price and began a marketing plan that worked.!

In 60 days, after having the house on the market for a year we had! two solid offers and a third waiting in back up.”!

-Jack!

your hoMe, your inveStMent, teaM effort.

We partner With you.

These are the costs that we invest into the sale of your home; our expense, not yours! $460.00 $250.00 $360.00 $250.00 $800.00 $950.00 $5,000.00 $675.00 $1,495.00 $165.00

print Marketing

We create custom print marketing materials for your home including direct mailers, just listed postcards,

JUST LISTED CARDS -

$2,000,000

JUST LISTED

HoT SPoT foR LUxURY LIVIng

VELASCo gRoUP

Digital Marketing

Prospective buyers get real-time updates on your listing through a variety of digital channels including, but not limited to:

The First 48 Hours!

First 48 Hours!

- - - -

Install 2 post Sign!

Create Home Preparation Timeline(why?)!

Order Home Inspections!

Schedule Professional Staging!

Schedule Interior and Exterior Property Photography!

- Prepare all Marketing Materials!

(Brochure, Direct Mail and Flyers)!

- Schedule all Print Advertising Materials!

(Newspaper Ads)!

- Schedule Email to Top 100 Producing Agents!

- Schedule Email Blast to Thousands of Potential Buyers!

- Determine Date to go on MLS! - Schedule Broker Tours!

- Schedule Open Houses!

Weekly!

- - -

Weekend Open Houses!

Property Showings!

Online Advertising!

Weekly Update to Seller on Property !

(Monday Morning)!

Our Sales Approach!

The sales approach at the Velasco Group is simple- we do what it takes to sell your home in a timely manner. While our sales approach is comprehensive, communication is the vital component to our success. As a sales team, we are committed to involving you in every step of the process. Whether it is establishing a sales price, holding open houses, accepting offers, or closing escrow, we will communicate with you on a weekly basis. As the results on the following pages will indicate, our sales approach simply works.!

The Selling Process

Phase One

Phase Two

Phase Three

Initial Consultation

Marketing

Initial Escrow Period

Establish Time Frames t Agency services t Market conditions t Determine market price t Agency relationship

t Enter on MLS t Send out office email notice t Schedule open house t Put property on broker tour t Order property flyers t Initiate internet marketing plan

Open Escrow t Coordinate opening of escrow with title agent t Order preliminary title report

Report/disclosure review t Read and review all reports and disclosures to prepare for review with client t Review reports and disclosures with client

t Submit contract to escrow officer t Report pending sale to mls t Confirm that buyer has received all disclosures t Place sale pending sign on property t Record contigency dates t Coordinate buyer inspections

Home Reports / Inspections t Natural hazard t Disclosure t Envirocheck t Applicable inspections (home/pest/pool/etc.)

Disclosures t TDS t Supplemental seller checklist t Earthquake hazards report t Insurance disclosure t Statewide advisory

Review offers t Review offers with seller t Prepare counter offers t Verify contigency periods t Verify loan rates with lender

Transaction Review t Ensure all disclosures docs are signed properly t Ensure buyer has recieved all pertinent document/reports t Confirm loan approval conditions and document delivery timelines Contingency removal t Review repair requests negotiate/confirm repairs t Remove contingencies t Confirm move in date with buyer's agent t Schedule final walkthrough t Change MLS status to DNS Record/transfer title & close escrow t Review docs with seller t Confirm sign off date t Key exchange t Sign off t Escrow closed

What Others Are !

Saying About !

The Velasco Group!

11765 Winding Way, Los Altos CA! “We employed the services of the Velasco Group to sell our 5 bedroom home in Los Altos, CA in the second half of 2014. Prior to hiring them, we had used the services of two other real estate brokerage firms over a period of 1.5 years with no success. Within 5 weeks of hiring Joe and Rusty, we had competing offers and ultimately closed a sale. What we originally saw in Joe and Rusty was a very business-like approach, with a solid compliment of aggressiveness. What we actually received was all of that, plus a burning desire to build activity and create results, all completely surrounded by the wonderful communication skills back to us.

And the intangible we never saw at the beginning, but existed throughout, was an attitude of taking a personal stake in the project and not accepting anything les than outright success. We could not have been more pleased by the services of Joe and Rusty. We both highly recommend them to anyone looking to sell a property.”!

14151 Montebello Road, Cupertino CA! “It took me almost 1.5 years to get done what Joe & Rusty accomplished in 3 weeks! There are very few agents, if any, that will give you the same kind of service and deliver the same kind of results as Joe & Rusty.”! !

22170 Cloverly Court, Los Altos CA! “Velasco Group helped us prepare our house for sale (advised on landscaping and pre-emptive inspections), prepared a strategic plan for the timing of the house hitting the market, got our house lots of attention publicized the listing a lot, and then navigated us through the escrow process with great attention to detail and skill.

We received an above asking, all cash offer the day it hit the market. Many of our friends in the same neighborhood are still trying to sell their houses because their agents weren’t as knowledgeable/strategic. If you want results, theses are the people to work with.”! !

Sold Properties by Velasco Group Adress 340$Pheasant$Run$Dr 5383$Blackhawk$Dr 11785$Winding$Way 21680$Calero$Creek$Ct 10971$Terry$Way 356$Santana$Row$#310 1580$Meadow$Ln 2342$Yale$St 579$Torwood$Ln 22160$Cloverly$Ct 333$La$Cima$St 1470$Settle$Ave 10485$Phar$Lap$Dr 14151$Montebello$Rd 856$DeNardi$Way 1561$Glen$Una$Ct 11064$Crothers$Rd 109$DeNardi$Ln 950$Nevada$Ave 15988$Flintlock$Rd 108$DeNardi$Ln 1449$Gilmore$St 414$Oconnor$St 2075$Merlot$Dr 1554$Marcia$Ave 100$DeNardi$Ln 460$N.$Whisman$Rd 844$DeNardi$Way

City Danville,$94506 Danville,$94506 Los$Altos,$94024 San$Jose,$95120 Los$Altos,$94024 San$Jose,$95128 Mountain$View,$94040 Palo$Alto,$94036 Los$Altos,$94022 Los$Altos,$94024 Soquel,$95073 San$Jose,$95125 Cupertino,$95014 Cupertino,$95014 San$Jose,$95126 Mountain$View,$94040 San$Jose,$95127 Mountain$View$94043 San$Jose,$95125 Cupertino,$95014 Mountain$View$94043 Mountain$View,$94040 Menlo$Park,$94025 Morgan$Hill,$95037 Willow$Glen,$95125 Mountain$View$94043 Mountain$View$94043 San$Jose,$95126

Price $2,825,000 $2,775,000 $2,550,000 $2,200,000 $2,079,000 $2,000,000 $1,990,000 $1,950,000 $1,949,000 $1,890,000 $1,800,000 $1,700,000 $1,685,000 $1,600,000 $1,150,000 $1,493,000 $1,470,000 $1,452,000 $1,435,000 $1,400,000 $1,364,000 $1,355,000 $1,349,000 $1,340,000 $1,250,000 $1,249,000 $1,239,888 $1,189,000

Sold Properties by Velasco Group

470$Sierra$Ave 2747$Trovata$Ct 19072$Taylor$Ave 3371$Dover$Rd 118$Naramore$Ln 1710$Miller$Ave 1420$W.$Hedding$St 1025$Lenor$Wy 846$W$Taylor$St 495$Giannini$Dr 3875$Live$Oak$Ln 1685$Gretel$Ln 118$Naramore$Ln 155$Hamilton$Ave 15375$La$Arboleda$Way 323$El$Molino$Wy 1275$Michigan$Ave 127$Chesham$Ave

Mountain$View,$94041 San$Jose,$95135 Morgan$Hill,$95037 Redwood$City,$94061 Los$Gatos,$95032 Los$Altos,$94024 San$Jose,$95126 San$Jose,$95128 San$Jose,$95126 Santa$Clara,$95051 Morgan$Hill,$95037 Mountain$View,$94040 Los$Gatos,$95032 Mountain$View$94043 Morgan$Hill,$95037 San$Jose,$95119 Alviso,$95002 San$Carlos,$94070

$1,155,000 $1,152,888 $1,150,000 $1,100,000 $1,100,000 $1,000,000 $955,000 $939,000 $920,000 $905,000 $875,000 $872,000 $870,000 $849,000 $845,000 $830,000 $828,888 $800,000

Pricing Strategies Our integrity, supported by widespread market knowledge and experience, will help you price your home as competitively as possible.

The Right Price.

The closer you price your home to fair market value, the more likely it is to sell quickly, and at the optimum price.

Intero’s professional real estate agents will help you evaluate your home’s most marketable features in relation to current real estate market trends in surrounding areas and your specific neighborhood.

Then, they’ll assist you in deciding on a reasonable, realistic, and competitive asking price. Our ultimate goal is to gain attention and exposure, so that you’ll receive an acceptable offer as quickly as possible.

The length of time your property is on the market may affect the selling price you receive. Pricing your home competitively from the start will create more activity among buyers and brokers, and will decrease the time it takes to be purchased.

Pricing your home 15% over market value means it will appeal to 20% of homebuyers Pricing your home 10% over market value means it will appeal to 30% of homebuyers Pricing your home 5% over market value means it will appeal to 50% of homebuyers Pricing your home at fair market value means it will appeal to 95% of homebuyers

Pricing Your Home If your home is priced competitively...

You’ll receive acceptable offers quickly. But pricing your property higher than comparable listings may actually help sell your neighbor’s home faster than yours. Here are some things to consider:

How soon do you want to sell your property?

Statistics clearly prove that the narrower the gap between your agent’s estimate of value and your asking price, the sooner you’ll receive an offer.

How does your home compare to others in the area?

Your agent has access to important details about current listings and recently sold properties through the Multiple Listing Service (MLS). You can use this information to evaluate the competition you’re up against and analyze the effect of market conditions in your area. Then you can determine your price by comparing your home to ones similar in age, size, condition and location.

How much will buyers offer?

The cost of your next home, your need to pay off an existing mortgage, or your hope for a dollar-for-dollar return on home improvements won’t affect a potential buyer’s perception about the value of your home.

Buyers will assess your property through comparisons with other homes in similar condition with comparable features and amenities. Potential buyers are the true appraisers – and it’s their evaluation that matters.

If you think your house is worth “so much more” …

Unfortunately, emotion and pride of ownership have no place in the pricing process. Sellers speak of value, amount invested, and what they can afford “to take.” However, buyers focus on price, condition, and similar properties that are currently available.

Should you leave room for negotiating?

You greatly enhance the chances for a quick sale at or near your asking price when it can be substantiated by comparable sales data. You want to be sure that statistics and local brokers can justify your price. Don’t risk having agents neglect to promote your property to potentially qualified buyers simply because it’s out of their price range. Keep in mind that if you do receive an offer at an unreasonably high price, it will be tested during the appraisal and lending process.

What should you think about the first offers that come in?

Early offers can be your most realistic test of the current market. They often come from serious buyer/agent teams who have been searching the market for a long time and know it well.

Risks of Overpricing Taking Longer to Sell Listing Price Above Market Value

•

Houses priced above fair market value take longer to sell.

•

Pricing your property competitively will help your property sell in the shortest time possible and thus avoid the stigma of longevity on the market.

Listing Price At Market Value

Days On Market

Missing Peak Selling Activity Peak Interest

Interested Buyer Showings

•

A property generates the most interest within the real estate market community when it first goes on the market.

•

By pricing your property realistically from the beginning, you can benefit from the greatest interest among buyers and brokers.

1 2 3 4 5 6 7 8 9 10 11 12 13 14

Weeks On Market

Asking Price in Relation to Fair Market Value

Appeal to Potential Homebuyers.

+15%

10%

+10%

25%

+5%

50%

Fair Market Value

95%*

Below Market Value

100%

* Approximately 5% of serious homebuyers are looking for a bargain and will not bid on a home at fair market value. They will concentrate on homes For Sale By Owners (FSBO’s).

Losing Potential Buyers •

When priced above fair market value, fewer buyers are willing to consider your property or respond to your ad.

•

Pricing your property competitively will help attract the greatest number of potential buyers.

Summary of Comparable Listings This page summarizes the comparable listings contained in this market analysis.

Active listings Address

L/S Price

2276 Cirelli

Bd

Ba(F)

5

4087 Cadwallader Avenue

$1,450,000 $1,450,000

Canceled listings Address

L/S Price

2276 Cirelli

$1,659,000 $1,648,888 $1,653,944

2260 Cirelli Drive

Expired listings Address

L/S Price

2276 Cirelli

$2,100,000 $2,100,000

Sold listings Address

Sale $

2276 Cirelli

$2,500,000 $1,900,000 $1,770,000 $1,760,000 $1,700,000 $1,699,000 $1,680,000 $1,620,000 $1,557,000 $1,550,000 $1,773,600

2207 Cirelli Drive 2273 Quail Bluff Place 2157 Terra Circle 2132 Terrena Valley Drive 4438 Terra Brava Place 4075 Cadwallader Avenue 2260 Cirelli Drive 4468 Terra Brava Place 2236 Quail Bluff Lane

Median: Average:

$1,689,500 $1,756,706

3,390 3,390

$428 $428

S/Sq

S/Sq

1 1

Bd

Ba(F)

Ba(P)

Sqft

4.5

11,326 3,788 3,788 3,788

$438 $435 $437

S/Sq

5 5 5

4 4 4

1 1 1

Bd

Ba(F)

Ba(P)

Sqft

4.5

11,326 4,230 4,230

$496 $496

S$/SqFt

5 5

4 4

1 1

Bd

Ba(F)

Ba(P)

Sqft

4.5

11,326

1 1 1 1 1 1 1 1 1 0 1

4,230 4,250 4,001 3,831 3,636 4,230 3,788 3,788 3,636 3,382 3,877

5

2222 Terra Nova Lane

11,326

3 3

5

2246 Terrena Valley Drive

Sqft

4.5

4 4

5

2260 Cirelli Drive

Ba(P)

4 5 5 4 4 5 5 5 4 4 5

4 4 3 3 3 4 4 4 3 3 4

$591 $447 $442 $459 $468 $402 $444 $428 $428 $458 $457

Lot

Age

4,250 (sf)

2013

10,620 (sf)

4 4

26,396 (sf)

Lot

Age

4,250 (sf)

2013

14,526 (sf)

3 3 3

14,526 (sf) 26,396 (sf)

Lot

Age

4,250 (sf)

2013

30,094 (sf)

16 16

26,396 (sf)

Lot

Age

4,250 (sf)

2013

3.60 (a)

16 3 16 16 17 16 2 4 16 17 12

21,344 (sf) 15,329 (sf) 9,900 (sf) 18,295 (sf) 22,761 (sf) 10,026 (sf) 14,526 (sf) 18,295 (sf) 12,419 (sf) 26,396 (sf)

Date 04/15/2016

Date

DOM 13 13

DOM 271 60 166

Date 08/01/2015

Date 01/29/2016 02/12/2016 05/22/2015 05/01/2015 03/18/2016 09/29/2015 05/20/2015 03/23/2016 09/25/2015 02/10/2016

DOM 4 4

DOM 175 27 0 7 22 36 11 30 14 20 34

Cross Property Summary Report Summary Statistics

High $1,450,000 $2,500,000

List Price: Sold Price:

Low $1,450,000 $1,550,000

Average $1,450,000 $1,773,600

Median $1,450,000 $1,699,500

Residential Active MLS #

Address

Bd

ML81580391 4087 Cadwallader

4

Ba(F) Ba(P) 3

1

Age 4

Average:

List Price SqFt

L$/SqFt

Apx Lot

DOM

3,390

$427.73

10,620 (sf)

13

$1,450,000 3,390

$427.73

10,620 (sf)

13

L$/SqFt

Apx Lot

DOM

$1,450,000

Sale Price S$/SqFt

Sold MLS #

Address

Bd

Ba(F) Ba(P)

Age

List Price SqFt

Sale Price S$/SqFt

ML81485766 2222 Terra Nova

4

4

1

16

$2,598,000

4,230

$614.18

3.60 (a)

175

$2,500,000

$591.02

ML81546205 2207 Cirelli

5

4

1

3

$1,948,888

4,250

$458.56

21,344 (sf)

27

$1,900,000

$447.06

ML81467840 2273 Quail Bluff

5

3

1

16

$1,770,000

4,001

$442.39

15,329 (sf)

0

$1,770,000

$442.39

ML81452282 2157 Terra

4

3

1

16

$1,848,000

3,831

$482.38

9,900 (sf)

7

$1,760,000

$459.41

ML81549321 2132 Terrena Valley

4

3

1

17

$1,748,800

3,636

$480.97

18,295 (sf)

22

$1,700,000

$467.55

ML81483610 4438 Terra Brava

5

4

1

16

$1,699,000

4,230

$401.65

22,761 (sf)

36

$1,699,000

$401.65

ML81460653 4075 Cadwallader

5

4

1

2

$1,648,888

3,788

$435.29

10,026 (sf)

11

$1,680,000

$443.51

ML81546735 2260 Cirelli

5

4

1

4

$1,598,000

3,788

$421.86

14,526 (sf)

30

$1,620,000

$427.67

ML81499933 4468 Terra Brava

4

3

1

16

$1,529,000

3,636

$420.52

18,295 (sf)

14

$1,557,000

$428.22

ML81534770 2236 Quail Bluff

4

3

0

17

$1,569,000

3,382

$463.93

12,419 (sf)

20

$1,550,000

$458.31

$1,795,758 3,877

$462.17

29,978 (sf)

34

$1,773,600

$456.68

Average: Expired MLS #

Address

Bd

ML81472612 2246 Terrena Valley

5

Ba(F) Ba(P) 4

1

Age 16

Average:

List Price SqFt

L$/SqFt

Apx Lot

DOM

4,230

$496.45

30,094 (sf)

4

$2,100,000 4,230

$496.45

30,094 (sf)

4

L$/SqFt

Apx Lot

DOM 271

$2,100,000

Sale Price S$/SqFt

Canceled MLS #

Address

Bd

Ba(F) Ba(P)

Age

List Price SqFt

ML81465193 2260 Cirelli

5

4

1

3

$1,659,000

3,788

$437.96

14,526 (sf)

ML81455131 2260 Cirelli

5

4

1

3

$1,648,888

3,788

$435.29

14,526 (sf)

60

$1,653,944 3,788

$436.63

14,526 (sf)

166

$1,772,533 3,855

$458.51

26,396 (sf)

49

Average: Total Average:

Sale Price S$/SqFt

$1,773,600

$456.68

CMA Pro Report These pages give a general overview of the selected properties.

2222 Terra Nova Lane, San Jose California 95121 MLS No: Class: Beds: Baths: Apx Sqft: Elem Dist: High Dist: Remarks:

DOM: 175 ML81485766 Residential 4 5(4/1) 4,230 (Assessor) Evergreen Elementary East Side Union High

Status: List Date: List Price: Sale Price: Lot Size:

Sold 07/21/2015 $2,598,000 $2,500,000 3.60 (a) (Assessor)

This is a rare find! It offers everything you could possibly imagine including spectacular city views, outdoor game and living area, tennis and basketball court, waterfalls on the hill,and still room to build on a 360 view. Hot tub, pool, gazebo,solar panels. It's perfect for entertaining! Home features 4 bed/4.5 bath down stairs library/office can be 5th bedroom on 3.67 acres parcel and located on private street, beautiful neighborhood, close to 2 golf courses,Only 12 min away from downtown & no HOA. Every section of this house is upgraded and meticulously maintained. seller just reduce.PRICE TO SELL..

2246 Terrena Valley Drive, San Jose California 95121 MLS No: Class: Beds: Baths: Apx Sqft: Elem Dist: High Dist: Remarks:

DOM: 4 ML81472612 Residential 5 5(4/1) 4,230 (Assessor) Evergreen Elementary East Side Union High

Status: List Date: List Price:

Expired 07/28/2015 $2,100,000

Lot Size:

30,094 (sf) (Assessor)

Exclusive luxury Tuscan Villa Medici in a private quiet cul-de-sac overlooking Silicon Valley. Main entrance hall with marble floors, cathedral ceiling, spiral staircase to 5 Bedrooms. Master bedroom, Master Bathroom with Shower and Jacuzzi, walk-in closets. Second staircase to in-laws suite.

Downstairs Study/Den. Hardwood floors leading past Huge Living Room, Dining area to Family Room, breakfast nook and Gourmet Kitchen with newer GE Appliances, Pantry. Front courtyard with Four car garages.

CMA Pro Report These pages give a general overview of the selected properties.

2207 Cirelli Drive, San Jose California 95121 MLS No: Class: Beds: Baths: Apx Sqft: Elem Dist: High Dist: Remarks:

DOM: 27 ML81546205 Residential 5 5(4/1) 4,250 (Assessor) Evergreen Elementary East Side Union High

Status: List Date: List Price: Sale Price: Lot Size:

Sold 01/07/2016 $1,948,888 $1,900,000 21,344 (sf) (Other)

ONCE IN A LIFETIME OPPORTUNITY TO OWN A DESIGNER UPGRADED 2 YEAR OLD HOME!JUST MOVE IN AND PROUDLY ENJOY!OPEN FLOOR PLAN,2 MASTER SUITES (ONE D/STAIRS),OVER-SIZED KITCHEN WITH ISLAND,SPIRAL WROUGHT IRON BALUSTERS STAIRCASE,OFFICE WITH BUILT-INS,MEDIA ROOM, LARGE FORMAL AND CASUAL DINING,DUAL SIDED CUSTOM " PENFOLD" MANTLE FIRE PLACE,BUILT-IN CUSTOM ENTERTAINMENT CENTER,CUSTOM WINDOW COVERINGS,HIGHEST QUALITY OF HARDWOOD FLOORING,GRANITE,MARBLE,GLASS AND STONE BACKSLASH,SS THERMADOR APPLIANCES,CUSTOM CABINETRY,WALK-IN PANTRY AND CLOSETS WITH BUILT-INS,TANKLESS WATER HEATER,SECURITY, SOLAR POWER SUN POWER SYSTEMS,WIRED 22-V ELECTRICAL CHARGERS IN THE GARAGE.THE BACKYARD IS EXQUISITELY HARDSCAPED WITH SLATE NATURAL STONE PAVERS,BUILT IN SOLAR LIGHTS PATHWAYS,2 PERGOLAS,1CUSTOM GAZEBO, GRANITE COUNTERS OUTDOOR KITCHEN,COVERED "CALIFORNIA ROOM" , CHILDREN'S PLAY STRUCTURE,HALF BASKETBALL COURT,SOUND SYSTEM, FRUIT TREES AND MORE!GREAT SCHOOLS: JF SMITH,CHABOYA!!

2273 Quail Bluff Place, San Jose California 95121 MLS No: Class: Beds: Baths: Apx Sqft: Elem Dist: High Dist:

DOM: 0 ML81467840 Residential 5 4(3/1) 4,001 (Assessor) Evergreen Elementary East Side Union High

Status: List Date: List Price: Sale Price: Lot Size:

Sold 05/22/2015 $1,770,000 $1,770,000 15,329 (sf) (Assessor)

Status: List Date: List Price: Sale Price: Lot Size:

Sold 02/25/2015 $1,848,000 $1,760,000 9,900 (sf)

Remarks:

2157 Terra Circle, San Jose California 95121 MLS No: Class: Beds: Baths: Apx Sqft: Elem Dist: High Dist: Remarks:

DOM: 7 ML81452282 Residential 4 4(3/1) 3,831 Evergreen Elementary East Side Union High

Gorgeous award winning Mediterranean villa set on a stunning 9,900 SF landscaped lot. Perfect for entertaining or relaxing. Located in beautiful Tuscan Hills community of Silver Creek Valley. This exquisite estate was built to enjoy the indoor and outdoor livability with a tranquil courtyard, inviting custom pool and spa, and an impressive interior that features meticulous attention to detail. Close to highly desirable James Franklin Smith Elementary.

CMA Pro Report These pages give a general overview of the selected properties.

2132 Terrena Valley Drive, San Jose California 95121 MLS No: Class: Beds: Baths: Apx Sqft: Elem Dist: High Dist: Remarks:

DOM: 22 ML81549321 Residential 4 4(3/1) 3,636 (Other) Evergreen Elementary East Side Union High

Status: List Date: List Price: Sale Price: Lot Size:

Sold 02/03/2016 $1,748,800 $1,700,000 18,295 (sf) (Other)

LUXURIOUS TUSCAN ESTATE ON A QUIET CUL DE SAC LOT* EXCELLENT OPEN FLOWING FLOOR PLAN W/ MARBLE FORMAL ENTRY AND HIGH CEILINGS* GOURMET KITCHEN W/ GRANITE COUNTERS, STAINLESS STEEL APPLIANCES, BUILT IN FRIDGE & SO MUCH MORE* MASTER SUITE W/ CITY LIGHT & MOUNTAIN VIEWS* FRESHLY PAINTED* NEW WOOD FLOORS* CENTRAL VAC* PLANTATION SHUTTERS* 2 MASTER SUITES, 1 CONVENIENTLY LOCATED DOWNSTAIRS*UPSTAIRS LOFT PERFECT FOR SECOND FAMILY ROOM* OFFICE DOWNSTAIRS* EXCELLENT SCHOOLS

4438 Terra Brava Place, San Jose California 95121 MLS No: Class: Beds: Baths: Apx Sqft: Elem Dist: High Dist: Remarks:

DOM: 36 ML81483610 Residential 5 5(4/1) 4,230 (Assessor) Evergreen Elementary East Side Union High

Status: List Date: List Price: Sale Price: Lot Size:

Sold 07/07/2015 $1,699,000 $1,699,000 22,761 (sf) (Assessor)

10API ELEM & HIGH SCHOOLS! THIS IS A MUST SEE!!!CASTLE-LIKE DISTINCT DRIVEWAY MAKES THIS ESTATE TRULY MEMORABLE!LARGE LOT,5 BEDROOM PLUS A HUGE DEN/STUDY/LIBRARY/ENTERTAINMENT ROOM WITH AMAZING VIEWS!LARGE ISLAND KITCHEN WITH COREON COUNTERS,BREAKFAST BAR,SS APPLIANCES,SUBZERO FRIDGE,LARGE KITCHEN DINING RM.3FIREPLACES, MARBLE ENTRY WAY, SPIRAL STAIRCASE, GRAND MASTER SUITE. DOWNSTAIRS BEDRM SUITE.ALL BEDRMS ARE A LARGE SIZE.PRIVATE LARGE OPEN B/YARD,NO BACK NEIGHBORS,FOUNTAIN, PATIOS!OH SAT 1-4

4075 Cadwallader Avenue, San Jose California 95121 MLS No: Class: Beds: Baths: Apx Sqft: Elem Dist: High Dist: Remarks:

DOM: 11 ML81460653 Residential 5 5(4/1) 3,788 (Assessor) Evergreen Elementary East Side Union High

Status: List Date: List Price: Sale Price: Lot Size:

Sold 04/18/2015 $1,648,888 $1,680,000 10,026 (sf) (Assessor)

Gorgeous Executive Home you won't want to miss! Less than 2 years new! Features 16 solar panels, large kitchen island, in ceiling speakers, solar shades, water softener, custom master walk-in closet, 2 master bedrooms (1 on first floor), another bedroom with en suite bath, loft to make into family room, beautifully landscaped backyard with mini waterfall & wired for sound, garden with fruit trees and much much more! Come take a look, you won't be disappointed!

CMA Pro Report These pages give a general overview of the selected properties.

2260 Cirelli Drive, San Jose California 95121 MLS No: Class: Beds: Baths: Apx Sqft: Elem Dist: High Dist: Remarks:

DOM: 271 ML81465193 Residential 5 5(4/1) 3,788 (Assessor) Evergreen Elementary East Side Union High

Status: List Date: List Price:

Canceled 05/12/2015 $1,659,000

Lot Size:

14,526 (sf) (Assessor)

Back on Market 11/04/2015 after a few months.

Chantrea Collection! Built in 2012, this elegant home features first class finishes throughout.

Luxurious modern kitchen with stainless steel appliances and an oversized granite topped island.

Downstairs JUNIOR MASTER for extended stay parents. Exterior California room has a fireplace for enjoyment in those cool summer evenings. Large Lot. Electrical Solar PV system is owned with Low utility bills. No HOA. Door faces north. JF Smith & Chaboya Middle

2260 Cirelli Drive, San Jose California 95121 MLS No: Class: Beds: Baths: Apx Sqft: Elem Dist: High Dist: Remarks:

DOM: 60 ML81455131 Residential 5 5(4/1) 3,788 (Assessor) Evergreen Elementary East Side Union High

Status: List Date: List Price:

Canceled 03/14/2015 $1,648,888

Lot Size:

14,526 (sf) (Assessor)

STUNNING 2-STORY FLOORPLAN *1 BED/BATH DWNSTRS*NEW CUSTOM INT PAINT,NEW PLUSH CARPET/PAD*EXECUTIVE KITCHEN*CUSTOM GRANITE COUNTERS,NEW STAINLESS STEEL APPLIANCES,BREAKFAST BAR*FORMAL LIV/DIN RMS,*FIREPLACE,BRICK HEARTH*,INSIDE LAUNDRY RM,TILE FLRS*BOTH GAS & 220V HOOKUPS,SPACIOUS MSTR BDRM,WALK-IN CLOSET *TILE ROOF,*OVERSIZED DRIVEWAY,2-CAR GAR,* ROLL-UP DOOR*HUGE LOT

2260 Cirelli Drive, San Jose California 95121 MLS No: Class: Beds: Baths: Apx Sqft: Elem Dist: High Dist: Remarks:

DOM: 30 ML81546735 Residential 5 5(4/1) 3,788 (Assessor) Evergreen Elementary East Side Union High

Status: List Date: List Price: Sale Price: Lot Size:

Sold 01/12/2016 $1,598,000 $1,620,000 14,526 (sf) (Assessor)

Single family two story elegant contemporary "Chantrea Collection" home with approximately 3,788 sq.ft. of living space*offers 5 bedrooms and 4.5 bath on approximately a 14,526 sq. ft. lot size, located in the heart of Silicon Valley*Built in 2012, this elegant home features first class finishes throughout*Modern kitchen with top of the line stainless steel appliances and an over-sized granite topped island*Features include: North facing front door, Downstairs Junior Master room with full bath (perfect for extended families or out of town visitors, exterior California Room with fireplace perfect for entertaining guests*Electrical solar PV system (owned, with low utility bills)*Schools: J.F. Smith EM (964); Chaboya MS (950); Silver Creek HS (793)

CMA Pro Report These pages give a general overview of the selected properties.

4468 Terra Brava Place, San Jose California 95121 MLS No: Class: Beds: Baths: Apx Sqft: Elem Dist: High Dist: Remarks:

DOM: 14 ML81499933 Residential 4 4(3/1) 3,636 (Assessor) Evergreen Elementary East Side Union High

Status: List Date: List Price: Sale Price: Lot Size:

Sold 08/13/2015 $1,529,000 $1,557,000 18,295 (sf) (Other)

A Sumptuous Splendor! Nestled against the south foothills in the striking & prestigious Silver Creek Hills. Secluded & intimate, this neighborhood captures the feeling of privilege comfort yet understated sensibility. This alluring home will captivate your heart & jolt your senses. An elegant bright floor plan with designer select touches throughout & you will appreciate the convenient of a large 2nd master suite downstairs & a separate loft/family room upstairs. Open-house Sat/Sun, 8/15 8/16, 1-4pm.

2236 Quail Bluff Lane, San Jose California 95121 MLS No: Class: Beds: Baths: Apx Sqft: Elem Dist: High Dist: Remarks:

DOM: 20 ML81534770 Residential 4 3(3/0) 3,382 (Assessor) Evergreen Elementary East Side Union High

Status: List Date: List Price: Sale Price: Lot Size:

Sold 12/10/2015 $1,569,000 $1,550,000 12,419 (sf) (Other)

WELCOME TO THE ELEGANT QUAIL BLUFF ESTATE!GREAT CURB APPEAL,OPEN FLOOR PLAN,HIGH CEILINGS,HARDWOOD FLOORS,AMAZING GOURMET KITCHEN WITH GRANITE COUNTERS,SS APPLIANCES, JEWELRY - LIKE PENDANT LIGHTS,REMODEL BATHROOMS,DESIGNER BUILT-INS WINDOW SITTING AREAS,ENTERTAINMENT CENTER, LARGE STORAGE CENTER ON THE UPPER FLOOR.ONE BEDROOM AND BATH IS ON THE FIRST FLOOR. MASTER HAS HIGH CEILINGS 2 WALK-IN CLOSETS AND PRIVACY FROM OTHER BEDROOMS. LARGE LOFT/OFFICE/ LIBRARY/ PLAY ROOM CAN BE EASILY CONVERTED IN TO 5TH BEDROOM! DESIGNER LAND AND HARDSCAPING WITH ONE OF A KIND GAZEBO,HAMMOCK R&R AREA, BBQ AREA,FLOWERS & FRUIT TREES! 10 API J.F.SMITH( IN WALKING DISTANCE) AND CHABOYA SCHOOLS!3 CAR GARAGE WITH BUILT-INS.

CMA Pro Report These pages give a general overview of the selected properties.

4087 Cadwallader Avenue, San Jose California 95121 MLS No: Class: Beds: Baths: Apx Sqft: Elem Dist: High Dist: Remarks:

DOM: 13 ML81580391 Residential 4 4(3/1) 3,390 (Assessor) Evergreen Elementary East Side Union High

Status: List Date: List Price:

Active 04/15/2016 $1,450,000

Lot Size:

10,620 (sf) (Other)

Beautiful modern end-unit house at the end of a quiet street with the best views in the neighborhood.

Spacious and generously outfitted with amenities such as solar panels, extra retreat space in downstairs master suite, additional upstairs master suite with extra large soaking bathtub and stall shower, separate living room & family room, formal dining room, kitchen with additional dining area and huge island in the middle with bar sittings, outdoor room, wooden floors, updated bathrooms with double sinks, tastefully paved backyard with more than 10 various fruit trees, planting boxes, and even a mini-vineyard!

Conveniently situated close to a major mall (Eastridge), grocery stores, growing downtown Evergreen, major highways, schools, parks, libraries, and restaurants. Quiet and peaceful at night and full of sunshine during day.

CMA Pro Report These pages give a general overview of the selected properties.

Active Properties Total # of Listings

1

Lowest Price

$1,450,000

Highest Price

$1,450,000

Average Price

$1,450,000

Avg. Price/SqFt

$427.73

Avg DOM

13

4087 Cadwallader Avenue

0K

400K

800K 1200K 1600K 2000K 2400K

Canceled Properties Total # of Listings

2

Lowest Price

$1,648,888

Highest Price

$1,659,000

Average Price

$1,653,944

Avg. Price/SqFt

$436.63

Avg DOM

166

2260 Cirelli Drive

0K

1000K 2000K 3000K 4000K 5000K 6000K

CMA Pro Report These pages give a general overview of the selected properties.

Expired Properties Total # of Listings

1

Lowest Price

$2,100,000

Highest Price

$2,100,000

Average Price

$2,100,000

Avg. Price/SqFt

$496.45

Avg DOM

4

2246 Terrena Valley Drive

0K

400K

800K 1200K 1600K 2000K 2400K

Sold Properties Total # of Listings

10

Lowest Price

$1,550,000

Highest Price

$2,500,000

Average Price

$1,773,600

Avg. Price/SqFt

$456.68

Avg DOM

34

2132 Terrena Valley Drive 2157 Terra Circle 2207 Cirelli Drive 2222 Terra Nova Lane 2236 Quail Bluff Lane 2260 Cirelli Drive 2273 Quail Bluff Place 4075 Cadwallader Avenue 4438 Terra Brava Place 4468 Terra Brava Place 0K

500K 1000K 1500K 2000K 2500K 3000K

CMA Pro Report These pages give a general overview of the selected properties.

Summary Graph/Analysis 2,500.0K

2,000.0K

1,500.0K

1,000.0K

500.0K

0.0K Avg Price

Min Price

Max Price

Cumulative Analysis Listing Category

Lowest Price

Highest Price

Average Price

Avg $ Per SqFt

Active Canceled Expired Sold

$1,450,000 $1,648,888 $2,100,000 $1,550,000

$1,450,000 $1,659,000 $2,100,000 $2,500,000

$1,450,000 $1,653,944 $2,100,000 $1,773,600

$427.73 $436.63 $496.45 $456.68

$1,450,000

$2,500,000

$1,756,706

$454.59

Totals / Averages

Sold Property Analysis Address Total Averages

List Price

Sold Price

DOM

%SP/LP

SP/Sqft

CMA Pro Report These pages give a general overview of the selected properties.

Property Summary S S

Street Address 2157 Terra Circle

Bd 4

Ba(F) Ba(P) 3 1

Apx SF 3,831

L Price $1,848,000

C

2260 Cirelli Drive

5

4

1

3,788

$1,648,888

S Price $1,760,000

Sold Date 05/01/2015

DOM 7 60

S

4075 Cadwallader Avenue

5

4

1

3,788

$1,648,888

C

2260 Cirelli Drive

5

4

1

3,788

$1,659,000

S

2273 Quail Bluff Place

5

3

1

4,001

$1,770,000

$1,770,000

05/22/2015

0

S

4438 Terra Brava Place

5

4

1

4,230

$1,699,000

$1,699,000

09/29/2015

36

S

2222 Terra Nova Lane

4

4

1

4,230

$2,598,000

$2,500,000

01/29/2016

175

E

2246 Terrena Valley Drive

5

4

1

4,230

$2,100,000

S

4468 Terra Brava Place

4

3

1

3,636

$1,529,000

$1,557,000

09/25/2015

14

S

2236 Quail Bluff Lane

4

3

0

3,382

$1,569,000

$1,550,000

02/10/2016

20

S

2207 Cirelli Drive

5

4

1

4,250

$1,948,888

$1,900,000

02/12/2016

27

S

2260 Cirelli Drive

5

4

1

3,788

$1,598,000

$1,620,000

03/23/2016

30

S

2132 Terrena Valley Drive

4

3

1

3,636

$1,748,800

$1,700,000

03/18/2016

22

A

4087 Cadwallader Avenue

4

3

1

3,390

$1,450,000

$1,680,000

05/20/2015

11 271

4

13

Full Summary of Compared Listings This report summarizes the comparable listings contained in this market analysis.

Subject Property 2276 Cirelli Dr MLS# Status SFR Prop Type List Price List Date Sold Price Sold Date San Jose City Area 5 Beds Baths (F/P) 11326 Apx Sqft 4,250 (sf) Apx Lot Elem District HS District 2013 Age 3 Garage

Details 2222 Terra Nova Lane ML81485766 Sold Residential $2,598,000 07/21/2015 $2,500,000 1/29/2016 San Jose Evergreen 4 4/1 4,230 3.60 (a) Evergreen Elementary East Side Union High 16

Details 2246 Terrena Valley Drive ML81472612 Expired Residential $2,100,000 07/28/2015

Attached

Enclosed, Gate/Door Opener, Guest / Visitor Parking, Lighted

Fireplace

Gas Burning

Gas Burning, Yes

Central Forced Air Heated, Indoor, Spa/Hot Tub 175

Ceiling Fan(s), Central Forced Air, Multi-Zone, Who Heated, In Ground, Pool/Spa Combo, Spa/Hot Tub, 4

This is a rare find! It offers everything you could possibly imagine including spectacular city views, outdoor game and living area, tennis and basketball court, waterfalls on the hill,and still room to build on a 360 view. Hot tub, pool, gazebo,solar panels. It's perfect for entertaining! Home features 4 bed/4.5 bath down stairs library/office can be 5th bedroom on 3.67 acres parcel and located on private street, beautiful neighborhood, close to 2 golf courses,Only 12 min away from downtown & no HOA. Every section of this house is upgraded and meticulously

Exclusive luxury Tuscan Villa Medici in a private quiet cul-de-sac overlooking Silicon Valley. Main entrance hall with marble floors, cathedral ceiling, spiral staircase to 5 Bedrooms. Master bedroom, Master Bathroom with Shower and Jacuzzi, walk-in closets. Second staircase to in-laws suite.

Downstairs Study/Den. Hardwood floors leading past Huge Living Room, Dining area to Family Room, breakfast nook and Gourmet Kitchen with newer GE Appliances, Pantry. Front courtyard with Four car garages.

Cooling Pool DOM Remarks:

y

San Jose Evergreen 5 4/1 4,230 30,094 (sf) Evergreen Elementary East Side Union High 16

Full Summary of Compared Listings This report summarizes the comparable listings contained in this market analysis.

Subject Property 2276 Cirelli Dr MLS# Status SFR Prop Type List Price List Date Sold Price Sold Date San Jose City Area 5 Beds Baths (F/P) 11326 Apx Sqft 4,250 (sf) Apx Lot Elem District HS District 2013 Age 3 Garage

Details 2207 Cirelli Drive ML81546205 Sold Residential $1,948,888 01/07/2016 $1,900,000 2/12/2016 San Jose Evergreen 5 4/1 4,250 21,344 (sf) Evergreen Elementary East Side Union High 3

Details 2273 Quail Bluff Place ML81467840 Sold Residential $1,770,000 05/22/2015 $1,770,000 5/22/2015 San Jose Evergreen 5 3/1 4,001 15,329 (sf) Evergreen Elementary East Side Union High 16

Attached, Electric Car Hookup, Gate/Door Opener, Off-Site Parking

Attached

Fireplace

Gas Starter, Two-Way

Gas Starter

Central Forced Air, Multi-Zone No 27

Central Forced Air No 0

Cooling Pool DOM Remarks:

y

ONCE IN A LIFETIME OPPORTUNITY TO OWN A DESIGNER UPGRADED 2 YEAR OLD HOME!JUST MOVE IN AND PROUDLY ENJOY!OPEN FLOOR PLAN,2 MASTER SUITES (ONE D/STAIRS),OVER-SIZED KITCHEN WITH ISLAND,SPIRAL WROUGHT IRON BALUSTERS STAIRCASE,OFFICE WITH BUILT-INS,MEDIA ROOM, LARGE FORMAL AND CASUAL DINING,DUAL SIDED CUSTOM " PENFOLD" MANTLE FIRE PLACE,BUILT-IN CUSTOM ENTERTAINMENT CENTER,CUSTOM

Full Summary of Compared Listings This report summarizes the comparable listings contained in this market analysis.

Subject Property 2276 Cirelli Dr MLS# Status SFR Prop Type List Price List Date Sold Price Sold Date San Jose City Area 5 Beds Baths (F/P) 11326 Apx Sqft 4,250 (sf) Apx Lot Elem District HS District 2013 Age 3 Garage

Details 2157 Terra Circle ML81452282 Sold Residential $1,848,000 02/25/2015 $1,760,000 5/1/2015 San Jose Evergreen 4 3/1 3,831 9,900 (sf) Evergreen Elementary East Side Union High 16

Details 2132 Terrena Valley Drive ML81549321 Sold Residential $1,748,800 02/03/2016 $1,700,000 3/18/2016 San Jose Evergreen 4 3/1 3,636 18,295 (sf) Evergreen Elementary East Side Union High 17

Attached, On Street

Attached, Gate/Door Opener, Guest / Visitor Parking, Off-Street Parking

Fireplace

Gas Starter

Gas Burning, Wood Burning

Cooling Pool DOM Remarks:

y

Central Forced Air Central Forced Air Heated, Heated - Solar, In Ground, Spa/HotNo Tub 7 22 Gorgeous award winning Mediterranean villa set on a stunning 9,900 SF landscaped lot.

Perfect for entertaining or relaxing. Located in beautiful Tuscan Hills community of Silver Creek Valley. This exquisite estate was built to enjoy the indoor and outdoor livability with a tranquil courtyard, inviting custom pool and spa, and an impressive interior that features meticulous attention to detail. Close to highly desirable James Franklin Smith Elementary.

LUXURIOUS TUSCAN ESTATE ON A QUIET CUL DE SAC LOT* EXCELLENT OPEN FLOWING FLOOR PLAN W/ MARBLE FORMAL ENTRY AND HIGH CEILINGS* GOURMET KITCHEN W/ GRANITE COUNTERS, STAINLESS STEEL APPLIANCES, BUILT IN FRIDGE & SO MUCH MORE* MASTER SUITE W/ CITY LIGHT & MOUNTAIN VIEWS* FRESHLY PAINTED* NEW WOOD FLOORS* CENTRAL VAC* PLANTATION SHUTTERS* 2 MASTER SUITES, 1 CONVENIENTLY LOCATED DOWNSTAIRS*UPSTAIRS LOFT

Full Summary of Compared Listings This report summarizes the comparable listings contained in this market analysis.

Subject Property 2276 Cirelli Dr MLS# Status SFR Prop Type List Price List Date Sold Price Sold Date San Jose City Area 5 Beds Baths (F/P) 11326 Apx Sqft 4,250 (sf) Apx Lot Elem District HS District 2013 Age 3 Garage

Details 4438 Terra Brava Place ML81483610 Sold Residential $1,699,000 07/07/2015 $1,699,000 9/29/2015 San Jose Evergreen 5 4/1 4,230 22,761 (sf) Evergreen Elementary East Side Union High 16

Details 4075 Cadwallader Avenue ML81460653 Sold Residential $1,648,888 04/18/2015 $1,680,000 5/20/2015 San Jose Evergreen 5 4/1 3,788 10,026 (sf) Evergreen Elementary East Side Union High 2

Attached

Attached

Fireplace

Gas Starter

Gas Burning

Central Forced Air No 36

Central Forced Air - Gas, Multi-Zone No 11

10API ELEM & HIGH SCHOOLS! THIS IS A MUST SEE!!!CASTLE-LIKE DISTINCT DRIVEWAY MAKES THIS ESTATE TRULY MEMORABLE!LARGE LOT,5 BEDROOM PLUS A HUGE DEN/STUDY/LIBRARY/ENTERTAINMENT ROOM WITH AMAZING VIEWS!LARGE ISLAND KITCHEN WITH COREON COUNTERS,BREAKFAST BAR,SS APPLIANCES,SUBZERO FRIDGE,LARGE KITCHEN DINING RM.3FIREPLACES, MARBLE ENTRY WAY, SPIRAL STAIRCASE, GRAND MASTER SUITE.

Gorgeous Executive Home you won't want to miss! Less than 2 years new! Features 16 solar panels, large kitchen island, in ceiling speakers, solar shades, water softener, custom master walk-in closet, 2 master bedrooms (1 on first floor), another bedroom with en suite bath, loft to make into family room, beautifully landscaped backyard with mini waterfall & wired for sound, garden with fruit trees and much much more! Come take a look, you won't be disappointed!

Cooling Pool DOM Remarks:

y

Full Summary of Compared Listings This report summarizes the comparable listings contained in this market analysis.

Subject Property 2276 Cirelli Dr MLS# Status SFR Prop Type List Price List Date Sold Price Sold Date San Jose City Area 5 Beds Baths (F/P) 11326 Apx Sqft 4,250 (sf) Apx Lot Elem District HS District 2013 Age 3 Garage

Details 2260 Cirelli Drive ML81465193 Canceled Residential $1,659,000 05/12/2015

Details 2260 Cirelli Drive ML81455131 Canceled Residential $1,648,888 03/14/2015

San Jose Evergreen 5 4/1 3,788 14,526 (sf) Evergreen Elementary East Side Union High 3

San Jose Evergreen 5 4/1 3,788 14,526 (sf) Evergreen Elementary East Side Union High 3

Attached

Attached

Fireplace

Gas Burning

Gas Burning

Central Forced Air, Multi-Zone No 271

Central Forced Air No 60

Back on Market 11/04/2015 after a few months.

Chantrea Collection! Built in 2012, this elegant home features first class finishes throughout. Luxurious modern kitchen with stainless steel appliances and an oversized granite topped island. Downstairs JUNIOR MASTER for extended stay parents. Exterior California room has a fireplace for enjoyment in those cool summer evenings. Large Lot. Electrical Solar PV system is owned with Low utility bills. No HOA. Door faces north. JF Smith & Chaboya Middle

STUNNING 2-STORY FLOORPLAN *1 BED/BATH DWNSTRS*NEW CUSTOM INT PAINT,NEW PLUSH CARPET/PAD*EXECUTIVE KITCHEN*CUSTOM GRANITE COUNTERS,NEW STAINLESS STEEL APPLIANCES,BREAKFAST BAR*FORMAL LIV/DIN RMS,*FIREPLACE,BRICK HEARTH*,INSIDE LAUNDRY RM,TILE FLRS*BOTH GAS & 220V HOOKUPS,SPACIOUS MSTR BDRM,WALK-IN CLOSET *TILE ROOF,*OVERSIZED DRIVEWAY,2-CAR

Cooling Pool DOM Remarks:

y

Full Summary of Compared Listings This report summarizes the comparable listings contained in this market analysis.

Subject Property 2276 Cirelli Dr MLS# Status SFR Prop Type List Price List Date Sold Price Sold Date San Jose City Area 5 Beds Baths (F/P) 11326 Apx Sqft 4,250 (sf) Apx Lot Elem District HS District 2013 Age 3 Garage

Details 2260 Cirelli Drive ML81546735 Sold Residential $1,598,000 01/12/2016 $1,620,000 3/23/2016 San Jose Evergreen 5 4/1 3,788 14,526 (sf) Evergreen Elementary East Side Union High 4

Details 4468 Terra Brava Place ML81499933 Sold Residential $1,529,000 08/13/2015 $1,557,000 9/25/2015 San Jose Evergreen 4 3/1 3,636 18,295 (sf) Evergreen Elementary East Side Union High 16

Attached, Tandem

Attached, Gate/Door Opener, On Street, Other

Fireplace

Gas Burning

Gas Burning

Central Forced Air, Multi-Zone No 30

Ceiling Fan(s), Central Forced Air No 14

Single family two story elegant contemporary "Chantrea Collection" home with approximately 3,788 sq.ft. of living space*offers 5 bedrooms and 4.5 bath on approximately a 14,526 sq. ft. lot size, located in the heart of Silicon Valley*Built in 2012, this elegant home features first class finishes throughout*Modern kitchen with top of the line stainless steel appliances and an over-sized granite topped island*Features include: North facing front door, Downstairs Junior Master room with full bath (perfect for extended families or out of town visitors,

A Sumptuous Splendor! Nestled against the south foothills in the striking & prestigious Silver Creek Hills. Secluded & intimate, this neighborhood captures the feeling of privilege comfort yet understated sensibility.

This alluring home will captivate your heart & jolt your senses. An elegant bright floor plan with designer select touches throughout & you will appreciate the convenient of a large 2nd master suite downstairs & a separate loft/family room upstairs. Open-house Sat/Sun, 8/15 - 8/16, 1-4pm.

Cooling Pool DOM Remarks:

y

Full Summary of Compared Listings This report summarizes the comparable listings contained in this market analysis.

Subject Property 2276 Cirelli Dr MLS# Status SFR Prop Type List Price List Date Sold Price Sold Date San Jose City Area 5 Beds Baths (F/P) 11326 Apx Sqft 4,250 (sf) Apx Lot Elem District HS District 2013 Age 3 Garage

Details 2236 Quail Bluff Lane ML81534770 Sold Residential $1,569,000 12/10/2015 $1,550,000 2/10/2016 San Jose Evergreen 4 3/0 3,382 12,419 (sf) Evergreen Elementary East Side Union High 17

Details 4087 Cadwallader Avenue ML81580391 Active Residential $1,450,000 04/15/2016

Attached

Attached, Off-Site Parking

Fireplace

Gas Starter

Gas Burning

Central Forced Air, Multi-Zone No 20

Ceiling Fan(s), Central Forced Air - Gas, Multi-Zone No 13

WELCOME TO THE ELEGANT QUAIL BLUFF ESTATE!GREAT CURB APPEAL,OPEN FLOOR PLAN,HIGH CEILINGS,HARDWOOD FLOORS,AMAZING GOURMET KITCHEN WITH GRANITE COUNTERS,SS APPLIANCES, JEWELRY - LIKE PENDANT LIGHTS,REMODEL BATHROOMS,DESIGNER BUILT-INS WINDOW SITTING AREAS,ENTERTAINMENT CENTER, LARGE STORAGE CENTER ON THE UPPER FLOOR.ONE BEDROOM AND

Beautiful modern end-unit house at the end of a quiet street with the best views in the neighborhood. Spacious and generously outfitted with amenities such as solar panels, extra retreat space in downstairs master suite, additional upstairs master suite with extra large soaking bathtub and stall shower, separate living room & family room, formal dining room, kitchen with additional dining area and huge island in the middle with bar sittings, outdoor room, wooden floors, updated bathrooms with double sinks, tastefully paved backyard with more than 10

Cooling Pool DOM Remarks:

y

San Jose Evergreen 4 3/1 3,390 10,620 (sf) Evergreen Elementary East Side Union High 4

Full Summary of Compared Listings This report summarizes the comparable listings contained in this market analysis.

Summary Status

Total

Avg Price

Avg $ Per SqFt

ACTIVE

1

$1,450,000

$428

10

$1,773,600

EXPIRED

1

CANCELED

Median

Low

High

Avg DOM

$1,450,000

$1,450,000

$1,450,000

13

$462 ($S)

$1,699,500

$1,550,000

$2,500,000

34

$2,100,000

$496

$2,100,000

$2,100,000

$2,100,000

4

2

$1,653,944

$437

$1,653,944

$1,648,888

$1,659,000

166

14

$1,756,706

$455

$1,679,000

$1,450,000

$2,598,000

49

ACTIVE CONT PENDING SOLD LEASED

WITHDRAWN Total

Area Summary Report Summary Statistics List Price: Sold Price:

High $1,450,000 $2,500,000

Low $1,450,000 $1,550,000

Average $1,450,000 $1,773,600

Median $1,450,000 $1,699,500

Residential Active MLS # Area ML81580391 Evergreen

Address

List Price SqFt

4087 Cadwallader Avenue

Average:

L$/SqFt Apx Lot DOM Sale Price S$/SqFt

$1,450,000

3,390

$427.73

10,620 (sf)

13

$1,450,000

3,390

$427.73

10,620 (sf)

13

Sold MLS # Area

Address

List Price SqFt

L$/SqFt Apx Lot DOM Sale Price S$/SqFt

ML81485766 Evergreen

2222 Terra Nova Lane

$2,598,000

4,230

$614.18

3.60 (a)

175

$2,500,000

$591.02

ML81546205 Evergreen

2207 Cirelli Drive

$1,948,888

4,250

$458.56

21,344 (sf)

27

$1,900,000

$447.06

ML81467840 Evergreen

2273 Quail Bluff Place

$1,770,000

4,001

$442.39

15,329 (sf)

0

$1,770,000

$442.39

ML81452282 Evergreen

2157 Terra Circle

$1,848,000

3,831

$482.38

9,900 (sf)

7

$1,760,000

$459.41

ML81549321 Evergreen

2132 Terrena Valley Drive

$1,748,800

3,636

$480.97

18,295 (sf)

22

$1,700,000

$467.55

ML81483610 Evergreen

4438 Terra Brava Place

$1,699,000

4,230

$401.65

22,761 (sf)

36

$1,699,000

$401.65

ML81460653 Evergreen

4075 Cadwallader Avenue

$1,648,888

3,788

$435.29

10,026 (sf)

11

$1,680,000

$443.51

ML81546735 Evergreen

2260 Cirelli Drive

$1,598,000

3,788

$421.86

14,526 (sf)

30

$1,620,000

$427.67

ML81499933 Evergreen

4468 Terra Brava Place

$1,529,000

3,636

$420.52

18,295 (sf)

14

$1,557,000

$428.22

ML81534770 Evergreen

2236 Quail Bluff Lane

$1,569,000

3,382

$463.93

12,419 (sf)

20

$1,550,000

$458.31

$1,795,758

3,877

$462.17

29,978 (sf)

34

$1,773,600

$456.68

Average: Expired MLS # Area ML81472612 Evergreen

Address

List Price SqFt

2246 Terrena Valley Drive

Average:

L$/SqFt Apx Lot DOM Sale Price S$/SqFt

$2,100,000

4,230

$496.45

30,094 (sf)

4

$2,100,000

4,230

$496.45

30,094 (sf)

4

Canceled MLS # Area

Address

List Price SqFt

L$/SqFt Apx Lot DOM Sale Price S$/SqFt

ML81465193 Evergreen

2260 Cirelli Drive

$1,659,000

3,788

$437.96

14,526 (sf)

ML81455131 Evergreen

2260 Cirelli Drive

$1,648,888

3,788

$435.29

14,526 (sf)

60

$1,653,944

3,788

$436.63

14,526 (sf)

166

$1,772,533 3,855

$458.51

26,396 (sf)

49

Average: Total Average:

271

$1,773,600

$456.68

CMA Map Layout This page displays the Map for the CMA Subject and your comparables.

1 2 3 4 5 6 7 8 9 10 11 12 13 14

2276 Cirelli Dr 2222 Terra Nova LN 2246 Terrena Valley DR 2207 Cirelli DR 2273 Quail Bluff PL 2157 Terra CIR 2132 Terrena Valley DR 4438 Terra Brava PL 4075 Cadwallader AVE 2260 Cirelli DR 2260 Cirelli DR 2260 Cirelli DR 4468 Terra Brava PL 2236 Quail Bluff LN 4087 Cadwallader AVE