NOT LISTED FOR SALE

1001 Parma Way Los Altos, CA 94024

Estimated Value: $6,601,000 - $9,922,719

5 Beds
3 Baths
4,470 Sq Ft
$1,798/Sq Ft Est. Value

Last Sold May 02, 2018

Last sale price $5,675,000 $1,270 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $53,020/month

11 Days on Market

Highlights

  • Private Pool
  • Primary Bedroom Suite
  • Secluded Lot
  • Loyola Elementary School Rated A+
  • 1.05 Acre Lot
  • Family Room with Fireplace

About This Home

As of May 2018

This resort-like property of just over 1 acre, in one of the most desirable neighborhoods in Los Altos, offers unlimited possibilities. The main house, guest house, pool, and lush grounds offer flexibility for many family lifestyles. The main home is approximately 3,658 sf with 5 BDs and 3 BAs. One of the bedrooms has an outside entrance and is ideal for an executive office. There is a bonus room/loft of an additional approximate 631 sf and the oversized 2-car garage is currently configured as a recreation room with carpeting. The exquisite kitchen and laundry were remodeled in 2016. The stunning guest house, remodeled in 2017, is 887 sf and has 1 BD/1 BA with an additional outside ½ BA for guests. The lush green grounds are highlighted by a heated pool, fire pit, waterfall, horseshoe pits and heated loggia with skylights. There is also a BBQ hook up. A survey and feasibility study are available indicating that there is the potential for a lot split. This is a one-of-a-kind property!!

Last Listed By

Bogard-Tanigami Team

Compass License #70010064 Listed on: 04/13/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $96,405

Year Built

  • Built in 1959

Lot Details

  • 1.05 Acre Lot
  • Fenced
  • Secluded Lot
  • Sprinkler System
  • Back Yard
  • May Be Possible The Lot Can Be Split Into 2+ Parcels
  • Zoning described as R110

Parking

  • 2 Car Garage
  • Electric Gate
  • Guest Parking

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 4,470 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Formal Entry
  • Family Room with Fireplace
  • 2 Fireplaces
  • Great Room
  • Living Room with Fireplace
  • Dining Area
  • Loft
  • Crawl Space
  • Security Gate

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Double Self-Cleaning Oven
  • Gas Cooktop
  • Dishwasher
  • Quartz Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite
  • Loft Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Stone Countertops In Bathroom
  • Dual Sinks
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry Tub
  • Electric Dryer Hookup

Pool

  • Private Pool
  • Fence Around Pool
  • Solar Heated Pool
  • Outside Bathroom Access
  • Pool Sweep

Outdoor Features

  • Balcony
  • Fire Pit
  • Gazebo
  • Shed

Additional Homes

  • 887 SF Accessory Dwelling Unit

Utilities

  • Forced Air Zoned Heating System
  • 220 Volts

Listing and Financial Details

  • Assessor Parcel Number 189-45-031

Home Details

Home Type

Single Family

Est. Annual Taxes

$96,405

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 59
  • Listing Class: Residential
  • Second Res Apx Sq Ft: 887
  • Structure Sq Ft: 4470
  • Incorporated: Yes
  • Year Built: 1959
  • Zoning Description: R110
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Living Room
  • Dining Room: Breakfast Bar, Dining Area, Eat in Kitchen
  • Kitchen: 220 Volt Outlet, Cooktop - Gas, Countertop - Quartz, Dishwasher, Oven - Double, Oven - Self Cleaning, Oven Range - Built-In, Gas, Pantry, Refrigerator
  • Living Sq Ft: 4470
  • Stories: 1
  • Bedrooms: Loft Bedroom, Primary Bedroom on Ground Floor, Primary Suite / Retreate - 2+, More than One Primary Bedroom on Ground Floor, Walk-in Closet
  • Laundry: Electricity Hookup (220V), Inside, Tub / Sink
  • Flooring: Carpet, Laminate, Tile
  • Additional Rooms: Formal Entry, Great Room, Laundry Room, Loft
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Bathroom: Double Sinks, Full on Ground Floor, Outside Access, Showers over Tubs - 2+, Stall Shower, Stone, Tile
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab, Crawl Space
  • Pool Description: Heated - Solar, Pool - Fenced, Pool - Sweep
  • Roof: Composition
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced, Fire Pit, Gazebo, Sprinklers - Lawn, Storage Shed / Structure
  • Pool: Yes
  • Construction Type: Brick, Stucco, Wood

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 8
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Electric Gate, Guest / Visitor Parking

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Central Forced Air - Gas, Heating - 2+ Zones
  • Sewer/Septic System: Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Open Beam Ceiling, Security Gate, Skylight, Vaulted Ceiling, Walk-in Closet

Schools

  • School District: Mountain View-Los Altos Union High
  • Elementary School: Loyola Elementary
  • Middle School: Georgina P. Blach Intermediate
  • High School: Los Altos High
  • High School: 265
  • Elementary School: 134
  • Middle School: 129

Lot Info

  • Lot Description: Possible Lot Split, Private / Secluded
  • Parcel Number: 189-45-031
  • Lot Acres: 1.0521
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 45828.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 45828.00

Multi Family

  • Utilities: Public Utilities
  • Second Unit Description: Guest House

MLS Schools

  • High School District Text: Mountain View-Los Altos Union High
  • Elementary School Text: Loyola Elementary
  • High School Text: Los Altos High
  • Middle School Text: Georgina P. Blach Intermediate

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2018
Closed on
Apr 27, 2018
Sold by
Grimm Patricia N
Bought by
Keep On Living Llc
Seller's Agent
Bogard-Tanigami Team
Compass
Buyer's Agent
Marc Roos
Christie's International Real Estate Sereno
List Price
$5,200,000
Sold Price
$5,675,000
Premium/Discount to List
$475,000
9.13%
Total Days on Market
11
Current Estimated Value
$8,036,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,361,930
Avg. Annual Appreciation
5.04%

Purchase Details

Closed on
Jun 20, 2016
Sold by
Grimm Patricia N
Bought by
Grimm Patricia N

Purchase Details

Closed on
Jan 1, 2010
Sold by
Grimm Robert A and Grimm Patricia Nancy
Bought by
Grimm Robert A and Grimm Patricia N

Purchase Details

Closed on
Oct 11, 1993
Sold by
Grimm Robert A and Grimm Marion G
Bought by
Grimm Robert Alan and Grimm Marion G

Range of Values:

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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
Keep On Living Llc $5,675,000 Chicago Title Co
Grimm Patricia N -- None Available
Grimm Robert A -- None Available
Grimm Robert Alan -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2018 05/02/18 Sold $5,675,000 +9.1% $1,270 / Sq Ft
04/25/2018 04/25/18 Pending -- -- --
04/13/2018 04/13/18 For Sale $5,200,000 -- $1,163 / 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
2024 $96,405 $8,199,195 $5,806,275 $2,392,920
2023 $94,311 $8,038,427 $5,692,427 $2,346,000
2022 $82,807 $7,027,612 $5,250,000 $1,777,612
2021 $52,140 $4,243,414 $4,095,000 $148,414
2020 $62,872 $5,904,270 $5,415,282 $488,988
2019 $69,496 $5,788,500 $5,309,100 $479,400
2018 $4,579 $252,146 $77,541 $174,605
2017 $4,569 $247,203 $76,021 $171,182
2016 $5,015 $242,357 $74,531 $167,826
2015 $6,205 $238,718 $73,412 $165,306
2014 $4,171 $234,042 $71,974 $162,068
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81700739

MLSListings

APN: 189-45-031