NOT LISTED FOR SALE

1035 Ray Ave Los Altos, CA 94022

Estimated Value: $4,264,000 - $5,776,394

3 Beds
1 Bath
1,335 Sq Ft
$3,836/Sq Ft Est. Value

Last Sold September 26, 2019

Last sale price $2,500,000 $1,873 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $31,008/month

6 Days on Market

Highlights

  • 2 Car Detached Garage
  • Eat-In Kitchen
  • Separate Family Room
  • Santa Rita Elementary School Rated A
  • Floor Furnace
  • West Facing Home

About This Home

As of September 2019

Build your dream home. Large Lot. Quiet North Los Altos neighborhood. Lots of kids and dogs on this dead end street. Close to everything. Neighbors shut down the street for an annual 4th of July party. Great examples of rebuilt homes within a couple houses.

Last Agent to Sell the Property

Tom Beck

KW Bay Area Estates License #01742024 Listed on: 08/21/2019

KW Bay Area Estates

Last Buyer's Agent

John Chung

Keller Williams Palo Alto License #01720510

Keller Williams Palo Alto

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 9,387 Sq Ft Lot
  • West Facing Home
  • Zoning described as R1

Parking

  • 2 Car Detached Garage

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,335 Sq Ft Home
  • 1-Story Property
  • Separate Family Room
  • Living Room with Fireplace
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Floor Furnace

Listing and Financial Details

  • Assessor Parcel Number 167-12-021

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

9,387 Sq Ft Lot

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 1335
  • Year Built: 1950
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room
  • Dining Room: Eat in Kitchen
  • Living Sq Ft: 1335
  • Stories: 1
  • Fireplaces Min: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Property Faces: West

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Detached Garage

Utilities

  • Heating System: Floor Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • High School: 265

Lot Info

  • Parcel Number: 167-12-021
  • Lot Acres: 0.2155
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9389.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 9389.00

Multi Family

  • Utilities: 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

Listed on
Aug 21, 2019
Closed on
Sep 19, 2019
Sold by
Gibbs Matthew
Bought by
Lui Nelson V H and Wong Nellie
Seller's Agent
Tom Beck
KW Bay Area Estates
Buyer's Agent
John Chung
Keller Williams Palo Alto
List Price
$2,300,000
Sold Price
$2,500,000
Premium/Discount to List
$200,000
8.7%
Current Estimated Value
$5,120,599

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,620,599
Avg. Annual Appreciation
11.66%
Original Mortgage
$1,000,000
Outstanding Balance
$875,922
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$4,244,677

Purchase Details

Listed on
Aug 21, 2019
Closed on
Aug 24, 2019
Sold by
Gibbs Matthew
Bought by
Gibbs Matthew
Seller's Agent
Tom Beck
KW Bay Area Estates
Buyer's Agent
John Chung
Keller Williams Palo Alto
List Price
$2,300,000
Sold Price
$2,500,000
Premium/Discount to List
$200,000
8.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Outstanding Balance
$875,922
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$4,244,677

Purchase Details

Closed on
May 6, 2013
Sold by
Gibbs Elizabeth V
Bought by
Gibbs Elizabeth
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Lui Nelson V H $2,500,000 Fidelity National Title Co
Gibbs Matthew -- None Available
Gibbs Elizabeth -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lui Nelson V H $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2019 09/26/19 Sold $2,500,000 +8.7% $1,873 / Sq Ft
08/28/2019 08/28/19 Pending -- -- --
08/21/2019 08/21/19 For Sale $2,300,000 -- $1,723 / 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 $48,873 $4,217,371 $2,652,090 $1,565,281
2024 $48,873 $4,134,679 $2,600,089 $1,534,590
2023 $47,992 $4,053,607 $2,549,107 $1,504,500
2022 $43,169 $3,609,525 $2,499,125 $1,110,400
2021 $30,411 $2,450,123 $2,450,123 $0
2020 $31,837 $2,500,000 $2,425,000 $75,000
2019 $3,303 $130,222 $51,131 $79,091
2018 $3,120 $127,670 $50,129 $77,541
2017 $2,886 $125,168 $49,147 $76,021
2016 $2,799 $122,715 $48,184 $74,531
2015 $2,813 $120,873 $47,461 $73,412
2014 $2,939 $118,506 $46,532 $71,974
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2019

    Tom Beck

    KW Bay Area Estates

    Section Image
  • John Chung

    Buyer's Agent in 2019

    John Chung

    Keller Williams Palo Alto

    (650) 269-7538

    72 Total Sales

    John Chung
    Section Image
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Map

Source: MLSListings

MLS Number: ML81765380

MLSListings

APN: 167-12-021

California Santa Clara County Los Altos 94022

1035 Ray Ave, Los Altos, CA

Not Listed for Sale

Detached

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