1061 Parma Way Los Altos, CA 94024
6
Beds
6.5
Baths
8,409
Sq Ft
0.51
Acres
About This Home
As of May 2021Luxurious 8,409 square foot Mediterranean-inspired home on gorgeous grounds of over one-half acre. Tremendous living room w/ white oak floors, high coved ceiling, wall of alder cabinetry & arched glass doors to an enclosed front terrace; beverage center with granite counter & wine cooler. Amazing chefs kitchen w/ alder cabinetry topped in granite slab counters & large island with seating areas and two sinks. Inviting family room, fully open to the kitchen, w/ surround sound, sliding door to the outdoor kitchen and rear yard & gas-log fireplace. Main-level master suite with fireplace, walk-in closet, kitchenette & en suite bath. Three additional main-level bedrooms. Lower-level w/ family room, recreation room, theatre, wine cellar & two bedroom suites. Grounds include: sparkling pool & spa, covered loggia with barbecue, gas cooktop, refrigerator, ice maker & imported Italian pizza oven, sport court, playhouse, fire pit & dog area. Just .5 mile to Rancho & easy access to commute routes.
Last Agent to Sell the Property
Intero Real Estate Services License #01234450 Listed on: 03/29/2018
Last Buyer's Agent
Alan Wang
Keller Williams Realty-Silicon Valley License #01380385
Home Details
Home Type
Single Family
Est. Annual Taxes
$90,018
Year Built
2007
Lot Details
0
Parking
2
Listing Details
- Subclass: Single Family Home
- Age: 11
- Listing Class: Residential
- Structure Sq Ft: 8409
- Year Built: 2007
- Zoning Description: R110
- Special Features: None
- Property Sub Type: Detached
Interior Features
- Family Room: Kitchen / Family Room Combo, Separate Family Room
- 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 - Gas, Pantry, Refrigerator
- Living Sq Ft: 8409
- Stories: 2
- Security: Security Alarm
- Bedrooms: Primary Suite / Retreat, Walk-in Closet
- Laundry: Inside, Tub / Sink, Washer / Dryer
- Flooring: Carpet, Stone, Tile, Wood
- Additional Rooms: Basement - Finished, Den / Study / Office, Formal Entry, Laundry 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, Stall Shower, Tub with Jets
- Fireplace: Yes
Exterior Features
- Foundation: Concrete Perimeter and Slab
- Pool Description: Pool - Cover, Pool - In Ground, Spa / Hot Tub
- Roof: Clay, Tile
- Yard/Grounds: Back Yard, Balcony / Patio, BBQ Area, Fenced, Fire Pit, Outdoor Kitchen
- Pool: Yes
Garage/Parking
- Garage Spaces: 2
- Garage Max: 2
- Garage Min: 2
- Garage Parking Features: Attached Garage, Drive Through, Gate / Door Opener, Off-Street Parking, Tandem Parking
Utilities
- Cooling System: Central AC
- Heating System: Central Forced Air - Gas, Radiant
- Sewer/Septic System: Sewer in Street
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
- Parcel Number: 189-45-007
- Lot Acres: 0.5129
- Lot Size Area Minimum Units: Square Feet
- Minimum Lot Size: 22344.00
- Lot Size Area Maximum Units: Square Feet
- Maximum Lot Size: 22344.00
Multi Family
- Utilities: Public Utilities
MLS Schools
- High School District Text: Mountain View-Los Altos Union High
- Elementary School Text: Loyola Elementary
- High School Text: Los Altos High
- Middle School Text: Georgina P. Blach Intermediate
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%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,805,035
Avg. Annual Appreciation
5.85%
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
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $7,325,000 | Chicago Title Company | |
| Grant Deed | $7,395,000 | First American Title Co | |
| Grant Deed | $4,000,000 | Chicago Title Company | |
| Grant Deed | $1,700,000 | New Century Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $4,395,000 | New Conventional | |
| Previous Owner | $724,500 | New Conventional | |
| Previous Owner | $750,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $2,579,576 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $2,680,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $2,800,000 | New Conventional | |
| Previous Owner | $1,000,000 | Credit Line Revolving | |
| Previous Owner | $3,000,000 | Unknown | |
| Previous Owner | $3,000,000 | Construction | |
| Previous Owner | $1,360,000 | Purchase Money Mortgage |
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
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
-
Gary Campi
Seller's Agent in 2021
Gary Campi
Golden Gate Sotheby's International Realty
(650) 799-1855
25 in this area
99 Total Sales
-
Shawn Luo
Buyer's Agent in 2021
Shawn Luo
AEZ Investment, Inc.
(408) 329-3793
4 in this area
148 Total Sales
-
David Troyer
Seller's Agent in 2018
David Troyer
Intero Real Estate Services
(650) 440-5076
105 in this area
399 Total Sales
-
A
Buyer's Agent in 2018
Alan Wang
Keller Williams Realty-Silicon Valley
Map
Source: MLSListings
MLS Number: ML81698381
APN: 189-45-007
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