NOT LISTED FOR SALE

1070 Mercedes Ave Unit 1 Los Altos, CA 94022

Estimated Value: $1,237,000 - $1,277,000

2 Beds
2 Baths
960 Sq Ft
$1,306/Sq Ft Est. Value

About This Home

This home is located at 1070 Mercedes Ave Unit 1, Los Altos, CA 94022 and is currently estimated at $1,253,749, approximately $1,305 per square foot. 1070 Mercedes Ave Unit 1 is a home located in Santa Clara County with nearby schools including Santa Rita Elementary School, Ardis G. Egan Junior High School, and Los Altos High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 7, 2019
Sold by
Cho Kisuk and Cho Yoonjung
Bought by
Qian Mingjie and Xu Yunhan
Current Estimated Value
$1,250,724

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$997,500
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 25, 2011
Sold by
Meade Ann Kristine
Bought by
Cho Kisuk and Cho Yoonjung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,500
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 22, 1999
Sold by
Chris Banta
Bought by
Meade Ann Kristine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,500
Interest Rate
7.64%

Purchase Details

Closed on
Jul 25, 1996
Sold by
Banta Chris D and Banta Kirk S
Bought by
Banta Chris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,500
Interest Rate
8.32%

Purchase Details

Closed on
Jan 10, 1995
Sold by
Humphreys Mary Patricia
Bought by
Humphreys M Patricia and The M Patricia Humphreys Living Trust
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Qian Mingjie $1,330,000 First American Title Company
Cho Kisuk $425,000 Chicago Title Company
Meade Ann Kristine $281,000 North American Title Co
Banta Chris -- Stewart Title
Humphreys M Patricia -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cholette Christopher $1,079,880
Closed Qian Mingjie $997,500
Previous Owner Cho Kisuk $295,000
Previous Owner Cho Kisuk $297,500
Previous Owner Meade Ann Kristine $138,000
Previous Owner Meade Ann Kristine $140,500
Previous Owner Banta Chris $43,000
Previous Owner Banta Chris $71,500
Source: Public Records

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 $14,648 $1,150,000 $575,000 $575,000
2023 $15,193 $1,200,000 $600,000 $600,000
2022 $17,589 $1,400,346 $699,033 $701,313
2021 $17,678 $1,372,934 $685,327 $687,607
2020 $17,809 $1,358,880 $678,300 $680,580
2019 $7,042 $478,257 $239,045 $239,212
2018 $6,852 $468,880 $234,358 $234,522
2017 $6,733 $459,687 $229,763 $229,924
2016 $6,559 $450,674 $225,258 $225,416
2015 $6,452 $443,906 $221,875 $222,031
2014 $6,302 $435,211 $217,529 $217,682
Source: Public Records

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