NOT LISTED FOR SALE

1061 Russell Ave Los Altos, CA 94024

Estimated Value: $4,768,000 - $5,506,000

4 Beds
3 Baths
2,446 Sq Ft
$2,115/Sq Ft Est. Value

Last Sold June 22, 2021

Last sale price $4,180,000 $1,709 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $31,838/month

7 Days on Market

Highlights

  • Open to Family Room
  • Forced Air Heating System
  • 1-Story Property
  • Loyola Elementary School Rated A+
  • Combination Dining and Living Room

About This Home

As of June 2021

Beautiful home set on a quiet street. This one story home is surrounded by nature bringing the outside in. Warm inviting entrance immediately welcomes you. As you walk into the livingroom you will be impressed by the high ceiling and skylight and a beautiful view of the back yard. This home has 4 lovely bedrooms and 3 full baths. Hardwood floors throughout most of the home and freshly painted. Kitchen includes gas range double overs and a convenient center island for the gourmet chef. Family room is adjacent to kitchen. Private quite large backyard to enjoy with family and friends. Freshly painted for you to move right in. Excellent Los Altos Schools close to shopping. This home is ready for the next owner to create their memories.

Last Agent to Sell the Property

Angie Wolff

Intero Real Estate Services License #01433493 Listed on: 05/11/2021

Intero Real Estate Services

Co-Listed By

Eric Fischer-Colbrie

Intero Real Estate Services License #00922040

Last Buyer's Agent

Denise Welsh

Compass License #00939903

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $52,645

Year Built

  • 1953

Lot Details

  • 0.26

Parking

  • 2 Car Garage

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,446 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Open to Family Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • 0.26 Acre Lot
  • Forced Air Heating System

Home Details

Home Type

Single Family

Est. Annual Taxes

$52,645

Year Built

1953

Lot Details

0

Parking

2

Listing Details

  • Zoning: R110
  • Subclass: Single Family Home
  • Age: 68
  • Listing Class: Residential
  • Structure Sq Ft: 2446
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1953

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Living Room
  • Dining Room: Dining Area In Living Room
  • Fireplace: Yes
  • Living Sq Ft: 2446
  • Stories: 1
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bedrooms: 4

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

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

Utilities

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

Schools

  • School District: Mountain View-Los Altos Union High
  • Elementary School: Loyola Elementary
  • Middle School: Georgina P. Blach Intermediate
  • High School: Mountain View High
  • High School: 266
  • Elementary School: 134
  • Middle School: 129

Lot Info

  • Lot Acres: 0.2642
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 11507.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 11507.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2021
Closed on
May 21, 2021
Sold by
Simonson Simon Christian and Simonson Jade L
Bought by
Abdulghani Yusuf and Kathula Vani Samyuktha
Seller's Agent
Angie Wolff
Intero Real Estate Services
Buyer's Agent
Denise Welsh
Compass
List Price
$3,750,000
Sold Price
$4,180,000
Premium/Discount to List
$430,000
11.47%
Total Days on Market
7
Current Estimated Value
$5,172,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$992,618
Avg. Annual Appreciation
5.48%
Original Mortgage
$2,500,000
Outstanding Balance
$2,283,063
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$2,875,587

Purchase Details

Closed on
Aug 29, 1996
Sold by
Simonson Simon C 3 & Jade L
Bought by
Simonson Simon Christian and Simonson Jade Lin
Source: Public Records

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Range of Values:

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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
Abdulghani Yusuf $4,180,000 Chicago Title Company
Simonson Simon Christian -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abdulghani Yusuf $2,500,000
Previous Owner Simonson Simon Christian $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2021 06/22/21 Sold $4,180,000 +11.5% $1,709 / Sq Ft
05/19/2021 05/19/21 Pending -- -- --
05/11/2021 05/11/21 For Sale $3,750,000 -- $1,533 / 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 $52,645 $4,435,849 $4,032,590 $403,259
2023 $48,001 $4,020,000 $3,654,500 $365,500
2022 $51,007 $4,263,600 $3,876,000 $387,600
2021 $4,708 $346,387 $188,312 $158,075
2020 $4,672 $342,837 $186,382 $156,455
2019 $4,498 $336,116 $182,728 $153,388
2018 $4,408 $329,527 $179,146 $150,381
2017 $4,253 $323,067 $175,634 $147,433
2016 $4,130 $316,734 $172,191 $144,543
2015 $4,126 $311,977 $169,605 $142,372
2014 $4,080 $305,867 $166,283 $139,584
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81843365

MLSListings

APN: 189-11-012