NOT LISTED FOR SALE

1045 Ray Ave Los Altos, CA 94022

Estimated Value: $4,480,000 - $4,792,000

4 Beds
3 Baths
2,149 Sq Ft
$2,154/Sq Ft Est. Value

Last Sold October 26, 2022

Last sale price $3,880,000 $1,805 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $28,255/month

10 Days on Market

Highlights

  • Primary Bedroom Suite
  • Family Room with Fireplace
  • Den
  • Santa Rita Elementary School Rated A
  • Wood Flooring
  • Formal Dining Room

About This Home

As of October 2022

Delightful Home situated on a quiet cul-de-sac in highly desirable North Los Altos! Recently updated kitchen features designer tile backsplash & quartz countertops w/ kitchen island. Living space includes elegant living room, formal dining room & separate family room. Two grand fireplaces w/granite and Tabarka tile surrounds. Gorgeous primary suite w/tiled bathroom featuring double sinks & large glass door shower. Three secondary bedrooms & two additional full baths along w/separate laundry room. Hardwood floors & bathed in natural light, recessed lighting & skylights. Sliders lead to a pavered patio w/ample space for al fresco entertaining. Mature gardens & back yard, roses abound, grassy play area, lemon & apple trees. Long driveway leads to partially converted 2-car garage, perfect for home office. Highly-rated Los Altos schools. Convenient to Sweet Shoppe, Village Court & Village at San Antonio restaurants & shops, Whole Foods, Trader Joes, Starbucks, & downtown Los Altos!

Last Agent to Sell the Property

John King

Keller Williams Palo Alto License #00868208 Listed on: 09/15/2022

Keller Williams Palo Alto

Co-Listed By

Corrie Reynolds

Keller Williams Palo Alto License #01255620

Last Buyer's Agent

Na Lin

Green Valley Realty USA License #01410538

Green Valley Realty USA

Home Details

Home Type

  • Single Family

Year Built

  • 1950

Lot Details

  • 9,374 Sq Ft Lot
  • Level Lot
  • Sprinklers on Timer
  • Back Yard Fenced

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,149 Sq Ft Home
  • 1-Story Property
  • Skylights
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Formal Entry
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Storage Room

Kitchen

  • Eat-In Kitchen
  • Built-In Double Oven
  • Electric Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Washer and Dryer

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Off-Street Parking

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating System
  • 220 Volts

Home Details

Home Type

Single Family

Year Built

1950

Lot Details

9,374 Sq Ft Lot

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 2149
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1950

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Gas Starter, Living Room, Wood Burning
  • Dining Room: Eat In Kitchen, Formal Dining Room
  • Kitchen: 220 Volt Outlet, Cooktop - Gas, Dishwasher, Garbage Disposal, Hood Over Range, Island, Microwave, Oven - Built-In, Oven - Double, Oven - Electric, Refrigerator, Trash Compactor
  • Fireplace: Yes
  • Living Sq Ft: 2149
  • Stories: 1
  • Bedrooms: Ground Floor Bedroom, More Than One Bedroom On Ground Floor, Primary Bedroom On Ground Floor, Primary Suite / Retreat, Walk-In Closet
  • Laundry: Electricity Hookup (220V), In Utility Room, Inside, Washer / Dryer
  • Flooring: Hardwood, Tile
  • Additional Rooms: Den / Study / Office, Formal Entry, Laundry Room, Storage
  • Fireplaces Min: 2
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Full On Ground Floor, Primary - Stall Shower(s), Showers Over Tubs - 2+, Tile, Updated Bath

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced, Sprinklers - Auto, Sprinklers - Lawn
  • Fencing: Fenced Back, Wood

Garage/Parking

  • Parking Spaces: 2
  • Garage Parking Features: Detached Garage, Gate / Door Opener, Off-Street Parking

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Skylight, Walk-In Closet

Schools

  • High School: 265

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.2152
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9375.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 9375.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2022
Closed on
Nov 1, 2022
Sold by
Bhusnurmath Hemanshu and Bhusnurmath Jessica C
Bought by
Bhusnurmath Hemanshu and Bhusnurmath Jessica C
Seller's Agent
John King
Keller Williams Palo Alto
Buyer's Agent
Na Lin
Green Valley Realty USA
List Price
$3,998,000
Sold Price
$3,880,000
Premium/Discount to List
-$118,000
-2.95%
Current Estimated Value
$4,629,607

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$749,607
Avg. Annual Appreciation
5.32%
Original Mortgage
$3,104,000
Outstanding Balance
$2,958,281
Interest Rate
5.46%
Mortgage Type
New Conventional
Estimated Equity
$1,671,326

Purchase Details

Listed on
Sep 15, 2022
Closed on
Oct 7, 2022
Sold by
Weiner Amir and Weiner Julia
Bought by
Bhusnurmath Hemanshu and Bhusnurmath Jessica C
Seller's Agent
John King
Keller Williams Palo Alto
Buyer's Agent
Na Lin
Green Valley Realty USA
List Price
$3,998,000
Sold Price
$3,880,000
Premium/Discount to List
-$118,000
-2.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,104,000
Outstanding Balance
$2,958,281
Interest Rate
5.46%
Mortgage Type
New Conventional
Estimated Equity
$1,671,326

Purchase Details

Closed on
Aug 16, 2002
Sold by
Schultz Michael L and Schultz Laura D
Bought by
Weiner Amir and Erwin Weiner Julia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
6.43%

Purchase Details

Closed on
Jul 21, 1999
Sold by
Rucker Arnold W and Rucker Margaret J
Bought by
Schultz Michael L and Schultz Laura D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$731,250
Interest Rate
7.62%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 2, 1995
Sold by
Williams Flora J
Bought by
Rucker Arnold W and Rucker Margaret J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
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
Bhusnurmath Hemanshu -- Lawyers Title
Bhusnurmath Hemanshu $3,880,000 Lawyers Title
Weiner Amir $1,150,000 First American Title Company
Schultz Michael L $975,000 First American Title Guarant
Rucker Arnold W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bhusnurmath Hemanshu $3,104,000
Previous Owner Weiner Amir $108,000
Previous Owner Schultz Michael L $731,250
Previous Owner Rucker Arnold W $250,000
Closed Schultz Michael L $146,250
Closed Weiner Amir $550,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/26/2022 10/26/22 Sold $3,880,000 -3.0% $1,805 / Sq Ft
09/26/2022 09/26/22 Pending -- -- --
09/15/2022 09/15/22 For Sale $3,998,000 -- $1,860 / 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 $46,832 $4,036,752 $3,807,864 $228,888
2024 $46,832 $3,957,600 $3,733,200 $224,400
2023 $46,134 $3,880,000 $3,660,000 $220,000
2022 $19,863 $1,569,507 $1,334,086 $235,421
2021 $19,878 $1,538,733 $1,307,928 $230,805
2020 $19,893 $1,522,956 $1,294,517 $228,439
2019 $19,162 $1,493,095 $1,269,135 $223,960
2018 $18,751 $1,463,819 $1,244,250 $219,569
2017 $18,076 $1,435,117 $1,219,853 $215,264
2016 $17,684 $1,406,979 $1,195,935 $211,044
2015 $17,460 $1,385,845 $1,177,971 $207,874
2014 $17,253 $1,358,700 $1,154,897 $203,803
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81907402

MLSListings

APN: 167-12-022

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