NOT LISTED FOR SALE

1024 Ray Ave Los Altos, CA 94022

Estimated Value: $4,174,000 - $5,184,465

3 Beds
2 Baths
1,656 Sq Ft
$2,777/Sq Ft Est. Value

Last Sold December 07, 2016

Last sale price $2,427,000 $1,466 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $27,769/month

6 Days on Market

Highlights

  • Wood Flooring
  • 2 Fireplaces
  • 2 Car Attached Garage
  • Santa Rita Elementary School Rated A
  • Balcony
  • Eat-In Kitchen

About This Home

As of December 2016

Offer Accepted contingent on probate court confirmation. Hearing date postponed until Jan 9, 2017. Court confirmation hearing date is scheduled for Nov 21, 2016 at 9:00 AM in Department 10, 191 N. First St, San Jose. Minimum overbid will be $2,548,850. Probate Sale - Court Confirmation is Required. Please see disclosure packet for more information on the court confirmation process. Remodel or Build Your Dream Home. Prime North Los Altos location. Three bedrooms, two baths, 1,656 sq ft of living space. Lot size of 9,843 sq ft on a quiet cul de sac. Tons of upside potential. Expansion capability to 3,445 sq ft or larger with basement (buyer to verify). Outstanding Los Altos schools.

Last Agent to Sell the Property

Howard Bloom

Intero Real Estate Services License #00893793 Listed on: 09/22/2016

Intero Real Estate Services

Last Buyer's Agent

Cindi Kodweis

Compass License #01120838

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 9,888 Sq Ft Lot
  • Level Lot
  • Grass Covered Lot
  • Back Yard Fenced
  • Zoning described as R1

Parking

  • 2 Car Attached Garage

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,656 Sq Ft Home
  • 1-Story Property
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Separate Family Room
  • Combination Dining and Living Room
  • Storage Room
  • Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Plumbed For Ice Maker
  • No Kitchen Appliances
  • Tile Countertops

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

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

Outdoor Features

  • Outside Bathroom Access
  • Balcony

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Separate Meters
  • 220 Volts
  • Individual Gas Meter
  • Abandoned Septic
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 167-12-029

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

9,888 Sq Ft Lot

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch
  • Listing Class: Residential
  • Structure Sq Ft: 1656
  • Year Built: 1950
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Wood Burning
  • Dining Room: Dining Area in Living Room, Eat in Kitchen
  • Kitchen: 220 Volt Outlet, Countertop - Tile, Hookups - Gas, Hookups - Ice Maker, No Appliances
  • Living Sq Ft: 1656
  • Stories: 1
  • Laundry: Hookup - Electric, Hookup - Washer/Dryer, Washer / Dryer
  • Flooring: Hardwood, Tile, Vinyl / Linoleum
  • Additional Rooms: Storage
  • Fireplaces Min: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Outside Access, Shower and Tub, Stall Shower, Tile
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced, Low Maintenance
  • Fencing: Fenced Back, Wood
  • Construction Type: Wood Frame

Garage/Parking

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

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Wall Furnace
  • Sewer/Septic System: Septic Abandoned, Sewer - Public, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Walk-in Closet

Schools

  • High School: 265

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 167-12-029
  • Lot Acres: 0.2270
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9875.05
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 9875.05
  • Soil: Unknown

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities

MLS Schools

  • High School District Text: Mountain View-Los Altos Union High
  • Elementary School Text: Santa Rita Elementary
  • High School Text: Los Altos High
  • Middle School Text: Ardis G. Egan Intermediate

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 2, 2023
Sold by
Wang Phillip Christopher and Wang Elizabeth Hun
Bought by
Wang Le Family Trust
Current Estimated Value
$4,598,616

Purchase Details

Closed on
Oct 5, 2016
Sold by
Fraser Eric D and Mccarron Fraser Mark A
Bought by
Wang Phillip and Le Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,627,000
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 2002
Sold by
Fraser Rosemary
Bought by
Fraser Rosemary

Purchase Details

Closed on
Jan 10, 2002
Sold by
Roessler Russell V
Bought by
Fraser Rosemary
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
Wang Le Family Trust -- --
Wang Phillip $2,427,000 Chicago Title Company
Fraser Rosemary -- --
Fraser Rosemary -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wang Phillip $1,627,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/07/2016 12/07/16 Sold $2,427,000 -4.8% $1,466 / Sq Ft
10/03/2016 10/03/16 Price Changed $2,548,850 +41.6% $1,539 / Sq Ft
09/29/2016 09/29/16 Pending -- -- --
09/22/2016 09/22/16 For Sale $1,800,000 -- $1,087 / 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 $42,942 $3,692,419 $2,816,739 $875,680
2024 $42,942 $3,620,019 $2,761,509 $858,510
2023 $42,239 $3,549,039 $2,707,362 $841,677
2022 $41,794 $3,635,151 $2,654,277 $980,874
2021 $43,864 $3,563,875 $2,602,233 $961,642
2020 $44,157 $3,527,333 $2,575,551 $951,782
2019 $41,997 $3,458,170 $2,525,050 $933,120
2018 $30,600 $2,475,540 $2,475,540 $0
2017 $29,454 $2,427,000 $2,427,000 $0
2016 $1,669 $99,286 $41,348 $57,938
2015 $1,691 $97,795 $40,727 $57,068
2014 $1,614 $95,881 $39,930 $55,951
Source: Public Records

Agents Affiliated with this Home

  • Howard Bloom

    Seller's Agent in 2016

    Howard Bloom

    Intero Real Estate Services

    (650) 947-4780

    5 in this area

    82 Total Sales

    Howard Bloom
    Section Image

  • C

    Buyer's Agent in 2016

    Cindi Kodweis

    Compass

    Section Image
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Map

Source: MLSListings

MLS Number: ML81625538

MLSListings

APN: 167-12-029

California Santa Clara County Los Altos 94022

1024 Ray Ave, Los Altos, CA

Not Listed for Sale

Detached

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