NOT LISTED FOR SALE

1023 Echo Dr Los Altos, CA 94024

Estimated Value: $5,109,000 - $5,630,368

5 Beds
3.5 Baths
3,127 Sq Ft
$1,735/Sq Ft Est. Value

Last Sold July 23, 2021

Last sale price $4,600,000 $1,471 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $33,091/month

6 Days on Market

Highlights

  • Primary Bedroom Suite
  • Family Room with Fireplace
  • Wood Flooring
  • Loyola Elementary School Rated A
  • Vaulted Ceiling
  • Marble Bathroom Countertops

About This Home

As of July 2021

Perfect family home on 13,220!! Front porch and large deep backyard make this an entertainers dream. Over 3,000 square feet remodeled in 2011 featuring a formal living and dining room, oversized chef's kitchen(Subzero,frig, Fischer Paykel double ovens, wine fridge with large island, breakfast nook and family room with custom built-ins. 4 large bedrooms plus a Den (5th bedroom), 3 full bathrooms, and spacious master retreat with walk-in closet, Coffee station with Refrigerator and spa like bathroom with heated floors, steam, aromatherapy and chromatherapy shower Large laundry room with homework stations, Central house fan. 2 car attached garage. The main backyard off of the kitchen and great room has a large patio system, mature landscaping, side yard dog run. Front yard features custom landscaping and porch. Short distance to top rated los Altos schools and Rancho Shopping Center

Last Agent to Sell the Property

Ed Graziani

Christie's International Real Estate Sereno License #01081556 Listed on: 06/17/2021

Christie's International Real Estate Sereno

Last Buyer's Agent

Angie Galatolo

Compass License #01701418

Compass

Home Details

Home Type

  • Single Family

Year Built

  • 1948

Lot Details

  • 0.3 Acre Lot
  • West Facing Home
  • Wood Fence
  • Level Lot
  • Back Yard

Parking

  • 2 Car Attached Garage

Home Design

  • Reinforced Concrete Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Shake Roof
  • Shingle Roof
  • Stucco

Interior Spaces

  • 3,127 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Whole House Fan
  • Skylights in Kitchen
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Neighborhood Views
  • Laundry in Utility Room

Kitchen

  • Open to Family Room
  • Built-In Self-Cleaning Double Oven
  • Gas Oven
  • Wine Refrigerator

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite
  • Jack-and-Jill Bathroom
  • Bathroom on Main Level
  • Marble Bathroom Countertops
  • Granite Bathroom Countertops
  • Dual Sinks
  • Bathtub with Shower
  • Walk-in Shower

Additional Features

  • Balcony
  • Forced Air Heating System

Home Details

Home Type

Single Family

Year Built

1948

Lot Details

0

Parking

2

Listing Details

  • Zoning: R110
  • Subclass: Single Family Home
  • Style: Ranch
  • Listing Class: Residential
  • Structure Sq Ft: 3127
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1948

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Family Room, Living Room
  • Dining Room: Formal Dining Room
  • Kitchen: Oven - Built-In, Oven - Double, Oven - Gas, Oven - Self Cleaning, Oven Range - Gas, Refrigerator, Skylight, Wine Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 3127
  • Stories: 1
  • Bedrooms: Primary Bedroom On Ground Floor, Primary Suite / Retreat
  • Laundry: In Utility Room, Inside
  • Flooring: Carpet, Hardwood, Tile
  • Fireplaces Min: 2
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Bathroom: Double Sinks, Full On Ground Floor, Granite, Marble, Primary - Stall Shower(s), Pass Through, Shower And Tub, Stall Shower

Exterior Features

  • Foundation: Concrete Slab, Reinforced Concrete
  • Roof: Shake, Shingle
  • View: Neighborhood
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced
  • Fencing: Wood
  • Property Faces: West
  • Construction Type: Stucco, Wood, Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Whole House / Attic Fan
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Vaulted Ceiling

Schools

  • High School: 265

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.3035
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 13220.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 13220.00
  • Soil: Adobe

Multi Family

  • Utilities: Natural Gas, Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2021
Closed on
Jun 24, 2021
Sold by
Higley Dana L and Higley Maria A
Bought by
Abraham Nikhil G and Abraham Molly Grovak
Seller's Agent
Ed Graziani
Christie's International Real Estate Sereno
Buyer's Agent
Angie Galatolo
Compass
List Price
$4,398,000
Sold Price
$4,600,000
Premium/Discount to List
$202,000
4.59%
Current Estimated Value
$5,424,342

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$824,342
Avg. Annual Appreciation
3.80%
Original Mortgage
$3,680,000
Outstanding Balance
$3,289,569
Interest Rate
2.12%
Mortgage Type
New Conventional
Estimated Equity
$2,134,773

Purchase Details

Closed on
May 27, 2020
Sold by
Higley Dana L and Higley Dana
Bought by
Higley Dana L and Higley Maria A

Purchase Details

Closed on
Jun 1, 1999
Sold by
Cacioppo George A and Cacioppo Manina A
Bought by
Higley Dana and Higley Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$988,000
Interest Rate
7.12%

Purchase Details

Closed on
Jul 31, 1997
Sold by
Critchfield Lois H
Bought by
Cacioppo George A and Cacioppo Manina A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
7.61%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Abraham Nikhil G $4,600,000 Chicago Title Company
Higley Dana L -- None Available
Higley Dana $1,235,000 Old Republic Title Company
Cacioppo George A -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abraham Nikhil G $3,680,000
Previous Owner Higley Dana $988,000
Previous Owner Cacioppo George A $900,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/23/2021 07/23/21 Sold $4,600,000 +4.6% $1,471 / Sq Ft
06/24/2021 06/24/21 Pending -- -- --
06/17/2021 06/17/21 For Sale $4,398,000 -- $1,406 / 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
2025 $56,038 $4,881,556 $3,820,348 $1,061,208
2024 $56,038 $4,785,840 $3,745,440 $1,040,400
2023 $55,562 $4,692,000 $3,672,000 $1,020,000
2022 $54,827 $4,600,000 $3,600,000 $1,000,000
2021 $22,744 $1,788,680 $979,069 $809,611
2020 $22,798 $1,770,340 $969,030 $801,310
2019 $21,707 $1,735,629 $950,030 $785,599
2018 $21,511 $1,701,598 $931,402 $770,196
2017 $20,693 $1,668,235 $913,140 $755,095
2016 $20,253 $1,635,526 $895,236 $740,290
2015 $19,948 $1,610,960 $881,789 $729,171
2014 $19,709 $1,579,404 $864,516 $714,888
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81849311

MLSListings

APN: 189-46-022