NOT LISTED FOR SALE

1001 Ray Ave Los Altos, CA 94022

Estimated Value: $4,286,000 - $4,591,245

3 Beds
2 Baths
1,628 Sq Ft
$2,731/Sq Ft Est. Value

Last Sold October 22, 2021

Last sale price $4,025,000 $2,472 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $27,345/month

7 Days on Market

Highlights

  • Fireplace in Primary Bedroom
  • Wood Flooring
  • Granite Countertops
  • Santa Rita Elementary School Rated A
  • Solarium
  • Neighborhood Views

About This Home

As of October 2021

Beautiful North Los Altos property with remarkable possibilities! Designed with a California flair, the single-level beautiful home offers an abundance of natural light in a serene setting. With 3 bedrooms, 2 baths, adjoining living-dining rooms and a delightful sunroom, the home welcomes indoor-outdoor living and entertaining. Abundant windows oversee the private gardens, while skylights and wood floors add to the homes warmth. Several picturesque garden rooms with mature growth, wood fences, arches and gates enhance the charm and offer outdoor sanctuaries. Detached 2 car garage offers potential for auxiliary dwelling unit (ADU) or studio. Leave the car at home! Shops and restaurants are a few blocks away. Approximately 10,524 SQ FT in a desirable residential area, the lot offers plenty of room to let your imagination soar. Los Altos Schools and proximity to Silicon Valley companies makes this property a winner!

Last Agent to Sell the Property

Ellen Barton

Coldwell Banker Realty License #00640629 Listed on: 09/15/2021

Coldwell Banker Realty

Last Buyer's Agent

David Kim

Compass License #01356580

Compass

Home Details

Home Type

  • Single Family

Year Built

  • 1949

Lot Details

  • 10,524 Sq Ft Lot
  • Back and Front Yard Fenced
  • Level Lot
  • Sprinkler System

Parking

  • 2 Car Detached Garage
  • Enclosed Parking
  • Garage Door Opener
  • Guest Parking

Home Design

  • Combination Foundation
  • Wood Shingle Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 1,628 Sq Ft Home
  • 1-Story Property
  • Skylights
  • Bay Window
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Solarium
  • Neighborhood Views
  • Crawl Space

Kitchen

  • Electric Cooktop
  • Range Hood
  • Ice Maker
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Dual Sinks
  • Bathtub with Shower
  • Bathtub Includes Tile Surround

Laundry

  • Laundry in Utility Room
  • Electric Dryer Hookup

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan

Community Details

  • Courtyard

Home Details

Home Type

Single Family

Year Built

1949

Lot Details

10,524 Sq Ft Lot

Parking

2

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Style: Ranch
  • Listing Class: Residential
  • Structure Sq Ft: 1628
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1949

Interior Features

  • Fireplace: Living Room, Primary Bedroom
  • Dining Room: Formal Dining Room
  • Kitchen: Cooktop - Electric, Countertop - Granite, Dishwasher, Exhaust Fan, Hood Over Range, Ice Maker, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 1628
  • Stories: 1
  • Bedrooms: Ground Floor Bedroom, More Than One Bedroom On Ground Floor
  • Laundry: Electricity Hookup (220V), In Utility Room, Inside
  • Flooring: Hardwood, Laminate, Vinyl / Linoleum
  • Additional Rooms: Solarium
  • Fireplaces Min: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Full On Ground Floor, Showers Over Tubs - 2+, Tile

Exterior Features

  • Foundation: Combination, Concrete Perimeter And Slab, Crawl Space
  • Roof: Wood Shakes / Shingles
  • View: Neighborhood
  • Yard/Grounds: Back Yard, Balcony / Patio, Courtyard, Fenced, Sprinklers - Lawn
  • Fencing: Fenced Back, Fenced Front, Gate, Mixed Height / Type, Wood
  • Construction Type: Stucco, Wood

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Detached Garage, Enclosed, Gate / Door Opener, Guest / Visitor Parking

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Bay Window, Skylight

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.2416
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 10524.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 10524.00

Multi Family

  • Utilities: Natural Gas, Public Utilities
  • Second Unit Description: 2 car detached

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2021
Closed on
Oct 22, 2021
Sold by
Taylor Valerie Ethel
Bought by
Valerie E Taylor Living Trust and Holmes
Seller's Agent
Ellen Barton
Coldwell Banker Realty
Buyer's Agent
David Kim
Compass
List Price
$2,999,000
Sold Price
$4,025,000
Premium/Discount to List
$1,026,000
34.21%
Current Estimated Value
$4,445,811

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$420,811
Avg. Annual Appreciation
2.28%
Original Mortgage
$3,000,000
Outstanding Balance
$2,735,720
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,710,091

Purchase Details

Listed on
Sep 15, 2021
Closed on
Oct 11, 2021
Sold by
Holmes Vera and Valerie E Taylor Living Trust
Bought by
Patel Samit and Patel Poonam
Seller's Agent
Ellen Barton
Coldwell Banker Realty
Buyer's Agent
David Kim
Compass
List Price
$2,999,000
Sold Price
$4,025,000
Premium/Discount to List
$1,026,000
34.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Outstanding Balance
$2,735,720
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,710,091

Purchase Details

Closed on
Mar 18, 2015
Sold by
Taylor Valerie E
Bought by
Taylor Valerie E and Valerie E Taylor Living Trust

Purchase Details

Closed on
Jun 5, 1995
Sold by
Milner Peter G and Price Susan C
Bought by
Taylor Valerie E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,000
Interest Rate
8.36%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Valerie E Taylor Living Trust -- --
Patel Samit $4,025,000 Cornerstone Title Company
Taylor Valerie E -- None Available
Taylor Valerie E $480,000 First American Title Guarant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Samit $3,000,000
Previous Owner Taylor Valerie E $286,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/22/2021 10/22/21 Sold $4,025,000 +34.2% $2,472 / Sq Ft
09/22/2021 09/22/21 Pending -- -- --
09/15/2021 09/15/21 For Sale $2,999,000 -- $1,842 / Sq Ft
Source: MLSListings

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
2025 $47,506 $4,140,000 $3,940,000 $200,000
2024 $47,506 $4,025,000 $3,825,000 $200,000
2023 $39,873 $3,355,000 $3,188,200 $166,800
2022 $48,534 $4,025,000 $3,825,000 $200,000
2021 $10,781 $744,845 $543,124 $201,721
2020 $10,332 $737,208 $537,555 $199,653
2019 $10,189 $722,754 $527,015 $195,739
2018 $9,753 $708,583 $516,682 $191,901
2017 $9,327 $694,690 $506,551 $188,139
2016 $9,180 $681,069 $496,619 $184,450
2015 $9,298 $670,840 $489,160 $181,680
2014 $9,017 $657,701 $479,579 $178,122
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81862755

MLSListings

APN: 167-12-018

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