NOT LISTED FOR SALE

1070 Mercedes Ave Unit 16 Los Altos, CA 94022

Estimated Value: $1,112,000 - $1,352,000

2 Beds
2 Baths
1,055 Sq Ft
2,439 Sq Ft Lot

Last Sold January 06, 2022

Last sale price $1,200,000 $1,137 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $7,663/month

31 Days on Market

Highlights

  • Private Pool
  • Clubhouse
  • Marble Countertops
  • Santa Rita Elementary School Rated A
  • Wood Flooring
  • Balcony

About This Home

As of January 2022

Rare offering with abundant amenities & the location ideal. This beautifully remodeled condo is turn-key & move in ready, moments to all that Silicon Valley has to offer. This stunning single level end-unit boasts a tranquil feeling with no one above or below and feels like a single family home. Escape outdoors and enjoy your generous entertainment patio, perfect for al fresco dining. Over $70,000 in upgrades including engineered hardwood floors, remodeled kitchen with BOSH and Fisher & Paykel appliances, remodeled porcelain tiled baths, in-unit laundry, spacious walk in closet in primary bedroom, too many wonderful features to list! Community pool and newly remodeled club house. Near Village Court & San Antonio Shopping Center, and conveniences along El Camino Real. Avid cyclists and hikers will enjoy convenient proximity to the Los Altos/Palo Alto Bike Trail, cycling distance to Stanford Research Park, Stanford Campus and Foothill Expressway. Top ranking Los Altos schools.

Last Agent to Sell the Property

Anne King

Keller Williams Palo Alto License #00552568 Listed on: 11/04/2021

Keller Williams Palo Alto

Co-Listed By

Scott Rutley

Keller Williams Palo Alto License #01214691

Last Buyer's Agent

Sugar Wang

Compass License #01975745

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,011

Year Built

  • 1972

Lot Details

  • Fenced
  • Back Yard

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,055 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Dining Area
  • Wood Flooring

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Range Hood
  • Dishwasher
  • Marble Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer and Dryer

Parking

  • 1 Carport Space
  • Off-Street Parking

Additional Features

  • Balcony
  • Heating Available

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area electricity, common area gas, garbage, insurance, maintenance - common area, management fee, pool spa or tennis, water
  • Ferrari Community Management Association

Amenities

  • Clubhouse

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,011

Year Built

1972

Lot Details

0

Listing Details

  • Zoning: R31
  • Subclass: Condominium
  • Age: 49
  • Listing Class: Residential
  • Structure Sq Ft: 1055
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1972

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room
  • Dining Room: Dining Area
  • Kitchen: Cooktop - Electric, Countertop - Marble, Dishwasher, Garbage Disposal, Hood Over Range, Oven Range - Electric, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 1055
  • Stories: 1
  • Bedrooms: More Than One Bedroom On Ground Floor
  • Laundry: Inside, Washer / Dryer
  • Flooring: Hardwood
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Yes
  • Roof: Composition
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced
  • Pool: Community Facility, Pool - Fenced

Garage/Parking

  • Garage Parking Features: Carport, Common Parking Area, Covered Parking, Off-Street Parking
  • Carport Min: 1

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Electric
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 550
  • HOA Amenities: Club House, Community Pool
  • Association Fees Include: Common Area Electricity, Common Area Gas, Garbage, Insurance, Maintenance - Common Area, Management Fee, Pool, Spa, Or Tennis, Water
  • HOA Exist: Yes
  • H O A Name Text: Ferrari Community Management

Schools

  • School District: Mountain View-Los Altos Union High
  • Elementary School: Santa Rita Elementary
  • Middle School: Ardis G. Egan Intermediate
  • High School: Los Altos High
  • High School: 265
  • Elementary School: 136
  • Middle School: 133

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2021
Closed on
Dec 30, 2021
Sold by
Andrea L Ramirez Living Trust
Bought by
Cholette Christopher
Seller's Agent
Anne King
Keller Williams Palo Alto
Buyer's Agent
Sugar Wang
Compass
List Price
$1,299,000
Sold Price
$1,200,000
Premium/Discount to List
-$99,000
-7.62%
Current Estimated Value
$1,209,562

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,562
Avg. Annual Appreciation
0.21%

Purchase Details

Closed on
Feb 7, 2019
Sold by
Ramirez Andrea L
Bought by
Ramirez Andrea L and Andrea L Ramirez Living Trust

Purchase Details

Closed on
Jan 14, 2014
Sold by
Ramirez Andrea
Bought by
Ramirez Andrea L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$507,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 4, 2006
Sold by
Mentes Robert M
Bought by
Ramirez Andrea

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
6.35%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 11, 1998
Sold by
Penn Jonathan B
Bought by
Mentes Robert M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,750
Interest Rate
6.86%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

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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
Cholette Christopher $1,200,000 Chicago Title
Ramirez Andrea L -- None Available
Ramirez Andrea L -- First American Title Company
Ramirez Andrea $540,000 First American Title Company
Mentes Robert M $305,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ramirez Andrea L $507,000
Previous Owner Ramirez Andrea $108,000
Previous Owner Ramirez Andrea $432,000
Previous Owner Mentes Robert M $228,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2022 01/06/22 Sold $1,200,000 -7.6% $1,137 / Sq Ft
12/06/2021 12/06/21 Pending -- -- --
11/04/2021 11/04/21 For Sale $1,299,000 -- $1,231 / 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
2025 $15,011 $1,065,000 $532,500 $532,500
2024 $15,011 $1,175,000 $587,500 $587,500
2023 $13,384 $1,035,000 $517,500 $517,500
2022 $9,503 $695,378 $347,689 $347,689
2021 $9,545 $681,744 $340,872 $340,872
2020 $9,524 $674,754 $337,377 $337,377
2019 $9,110 $661,524 $330,762 $330,762
2018 $8,894 $648,554 $324,277 $324,277
2017 $8,693 $635,838 $317,919 $317,919
2016 $8,473 $623,372 $311,686 $311,686
2015 $8,334 $614,010 $307,005 $307,005
2014 $8,160 $601,984 $300,992 $300,992
Source: Public Records

Agents Affiliated with this Home

  • Anne King

    Seller's Agent in 2022

    Anne King

    Keller Williams Palo Alto

    (650) 454-8510

    1 in this area

    36 Total Sales

    Anne King
    Section Image

  • S

    Seller Co-Listing Agent in 2022

    Scott Rutley

    Keller Williams Palo Alto

    Section Image

  • S

    Buyer's Agent in 2022

    Sugar Wang

    Compass

    Section Image
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Map

Source: MLSListings

MLS Number: ML81869114

MLSListings

APN: 167-46-016

California Santa Clara County Los Altos 94022

1070 Mercedes Ave Unit 16, Los Altos, CA

This home is located at 1070 Mercedes Ave Unit 16, Los Altos, CA 94022 since 04 November 2021 and is currently estimated at $1,209,562, approximately $1,146 per square foot. This property was built in 1972. 1070 Mercedes Ave Unit 16 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.

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