NOT LISTED FOR SALE

1061 Parma Way Los Altos, CA 94024

Estimated Value: $7,968,000 - $10,532,684

6 Beds
6.5 Baths
8,409 Sq Ft
$1,105/Sq Ft Est. Value

Last Sold May 13, 2021

Last sale price $7,325,000 $871 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $59,501/month

183 Days on Market

Highlights

  • Wine Cellar
  • Private Pool
  • 0.51 Acre Lot
  • Loyola Elementary School Rated A+
  • Primary Bedroom Suite
  • Fireplace in Primary Bedroom

About This Home

As of May 2021

Green & Energy efficient 8,409 sqft estate on one of Los Altos' most sought after streets. Tremendous living rm w/white oak floors, high ceiling, wall of alder cabinetry & sliding glass drs to an enclosed terrace; perfect for outdoor enjoyment w/built-in TV. Chef's kit w/newly painted cabinetry topped in granite slab counters & lg island w/seating areas & 2 sinks opens to the family rm w/surround sound, sliding dr to the outdr kit & rear yard w/gas-log fp. Formal DR off the kit. Main-level prime suite w/fp, walk-in closet, kitchenette & en suite ba w/heated flr. Three additional main-level bedrms. Lower-level w/fam rm, recreation rm, soundproof rm for theatre, wine cellar & two bedrm suites. Incredible grounds include: sparkling pool/spa, covered loggia w/bbq, gas cooktop, refrigerator, ice maker & imported Italian pizza oven, sport ct, playhs, fire pit & dog area. Just .5 mile to Rancho & Top LA schls. Garage wired for EV + Solar. 3rd car gar w/finished wkbench. Incredible price/sqf!

Last Listed By

Gary Campi

Golden Gate Sotheby's International Realty License #00600311 Listed on: 01/15/2021

Golden Gate Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $90,018

Year Built

  • 2007

Lot Details

  • 0.51

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 8,409 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Beamed Ceilings
  • Vaulted Ceiling
  • Gas Fireplace
  • Formal Entry
  • Wine Cellar
  • Family Room with Fireplace
  • 5 Fireplaces
  • Great Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Recreation Room
  • Alarm System
  • Finished Basement

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Double Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Granite Bathroom Countertops
  • Dual Sinks
  • Jetted Tub in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer
  • Laundry Tub

Outdoor Features

  • Private Pool
  • Outdoor Fireplace

Additional Features

  • 0.51 Acre Lot
  • Forced Air Heating and Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$90,018

Year Built

2007

Lot Details

0

Parking

2

Listing Details

  • Zoning: R110
  • Subclass: Single Family Home
  • Age: 13
  • Listing Class: Residential
  • Structure Sq Ft: 8409
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2007

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Family Room, Gas Burning, Living Room, Primary Bedroom, Outside
  • Dining Room: Breakfast Bar, Breakfast Nook, Eat In Kitchen, Formal Dining Room
  • Kitchen: Dishwasher, Garbage Disposal, Island With Sink, Microwave, Oven - Double, Oven Range, Pantry, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 8409
  • Stories: 2
  • Security: Security Alarm
  • Bedrooms: Primary Bedroom On Ground Floor, Primary Suite / Retreat, Walk-In Closet
  • Laundry: Inside, Tub / Sink, Washer / Dryer
  • Flooring: Carpet, Hardwood, Stone, Tile
  • Additional Rooms: Basement - Finished, Den / Study / Office, Formal Entry, Great Room, Laundry Room, Office Area, Recreation Room, Wine Cellar / Storage
  • Fireplaces Min: 5
  • Maximum Numberof Bedrooms: 6
  • Minimum Numberof Bedrooms: 6
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Bathroom: Double Sinks, Granite, Primary - Tub With Jets, Shower And Tub, Shower Over Tub - 1, Stall Shower

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Pool Description: Yes
  • Roof: Tile
  • Pool: Pool - Cover, Pool - In Ground, Spa / Hot Tub

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Drive Through, Gate / Door Opener

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Built-In Vacuum, High Ceiling, Open Beam Ceiling, Vaulted Ceiling, Wet Bar

Schools

  • School District: Mountain View-Los Altos Union High
  • Elementary School: Loyola Elementary
  • Middle School: Georgina P. Blach Intermediate
  • High School: Los Altos High
  • High School: 265
  • Elementary School: 134
  • Middle School: 129

Lot Info

  • Lot Acres: 0.5100
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 22214.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 22214.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2021
Closed on
Apr 19, 2021
Sold by
Daniels Christopher A and Daniels Sarah L
Bought by
Tang Liyin and Bian Yiting
Seller's Agent
Gary Campi
Golden Gate Sotheby's International Realty
Buyer's Agent
Shawn Luo
AEZ Investment, Inc.
List Price
$7,800,000
Sold Price
$7,325,000
Premium/Discount to List
-$475,000
-6.09%
Total Days on Market
183
Current Estimated Value
$9,289,921

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,964,921
Avg. Annual Appreciation
6.07%
Original Mortgage
$4,395,000
Outstanding Balance
$3,941,233
Interest Rate
1.87%
Mortgage Type
New Conventional
Estimated Equity
$5,348,688

Purchase Details

Listed on
Mar 29, 2018
Closed on
Apr 11, 2018
Sold by
Regan Brian M and Regan Jennifer G
Bought by
Daniels Christopher A and Daniels Sarah L
Seller's Agent
David Troyer
Intero Real Estate Services
Buyer's Agent
Alan Wang
Keller Williams Realty-Silicon Valley
List Price
$7,495,000
Sold Price
$7,395,000
Premium/Discount to List
-$100,000
-1.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.32%
Original Mortgage
$750,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 26, 2011
Sold by
Kansky Matthew and Kansky Cathy
Bought by
Regan Brian M and Regan Jennifer G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,800,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 2005
Sold by
Grady Lorna A
Bought by
Kansky Matthew and Kansky Cathy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,360,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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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
Tang Liyin $7,325,000 Chicago Title Company
Daniels Christopher A $7,395,000 First American Title Co
Regan Brian M $4,000,000 Chicago Title Company
Kansky Matthew $1,700,000 New Century Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tang Liyin $4,395,000
Previous Owner Daniels Christopher A $724,500
Previous Owner Daniels Christopher A $750,000
Previous Owner Regan Brian M $2,579,576
Previous Owner Regan Brian M $2,680,000
Previous Owner Regan Brian M $2,800,000
Previous Owner Kansky Matthew A $1,000,000
Previous Owner Kansky Matthew $3,000,000
Previous Owner Kansky Matthew $3,000,000
Previous Owner Kansky Matthew $1,360,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2021 05/13/21 Sold $7,325,000 -6.1% $871 / Sq Ft
04/13/2021 04/13/21 Pending -- -- --
10/12/2020 10/12/20 For Sale $7,800,000 +5.5% $928 / Sq Ft
05/18/2018 05/18/18 Sold $7,395,000 -1.3% $879 / Sq Ft
04/09/2018 04/09/18 Pending -- -- --
03/29/2018 03/29/18 For Sale $7,495,000 -- $891 / 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
2024 $90,018 $7,773,348 $4,430,543 $3,342,805
2023 $88,897 $7,620,930 $4,343,670 $3,277,260
2022 $89,638 $7,471,500 $4,258,500 $3,213,000
2021 $93,917 $7,773,464 $5,350,498 $2,422,966
2020 $94,681 $7,693,758 $5,295,636 $2,398,122
2019 $90,293 $7,542,900 $5,191,800 $2,351,100
2018 $55,061 $4,511,507 $2,207,811 $2,303,696
2017 $52,914 $4,423,047 $2,164,521 $2,258,526
2016 $51,785 $4,336,322 $2,122,080 $2,214,242
2015 $51,098 $4,271,188 $2,090,205 $2,180,983
2014 $49,257 $4,098,522 $2,049,261 $2,049,261
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81823132

MLSListings

APN: 189-45-007