NOT LISTED FOR SALE

1070 Mercedes Ave Unit 20 Los Altos, CA 94022

Estimated Value: $1,024,000 - $1,127,226

2 Beds
2 Baths
1,055 Sq Ft
$625/mo HOA Fee

Last Sold May 01, 2023

Last sale price $985,000 $934 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $7,447/month

Highlights

  • Private Pool
  • Clubhouse
  • Baseboard Heating
  • Santa Rita Elementary School Rated A
  • 1 Fireplace
  • Separate Family Room

About This Home

As of May 2023

This home is located at 1070 Mercedes Ave Unit 20, Los Altos, CA 94022 since 01 May 2023 and is currently estimated at $1,081,307, approximately $1,024 per square foot. This property was built in 1972. 1070 Mercedes Ave Unit 20 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.

Last Agent to Sell the Property

Emily Gore

Compass License #02074381 Listed on: 05/01/2023

Compass

Last Buyer's Agent

Renuka Chainani

Intero Real Estate Services License #01783141

Intero Real Estate Services

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,078

Year Built

  • Built in 1972

Lot Details

  • 2,439

HOA Fees

  • $625 Monthly HOA Fees

Interior Spaces

  • 1,055 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Separate Family Room
  • Dining Area

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • 1 Carport Space
  • Assigned Parking

Pool

Utilities

  • Cooling System Mounted To A Wall/Window
  • Pellet Stove burns compressed wood to generate heat
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 167-46-020

Community Details

Overview

  • Association fees include garbage, insurance - common area, maintenance - exterior, pool spa or tennis, roof
  • 28 Units
  • Tri State Enterprises, Inc. Association
  • Built by Mercedes Court Condo Association

Amenities

  • Clubhouse

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,078

Year Built

Built in 1972

Lot Details

0

HOA Fees

$625 per month

Listing Details

  • Subclass: Condominium
  • Restrictions: Pets - Allowed
  • Age: 51
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 28
  • Structure Sq Ft: 1055
  • Complex Name: Mercedes Court Condo Association
  • Year Built: 1972
  • Zoning Description: R31
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Pellet Stove
  • Dining Room: Dining Area
  • Living Sq Ft: 1055
  • Stories: 1
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: Yes

Exterior Features

  • Pool: Yes

Garage/Parking

  • Parking Spaces: 2
  • Garage Parking Features: Assigned Spaces, Carport
  • Carport Min: 1

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Baseboard
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 625
  • HOA Amenities: Club House, Community Pool
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Garbage, Insurance - Common Area, Maintenance - Exterior, Pool, Spa, or Tennis, Roof
  • H O A Name Text: Tri-State Enterprises, Inc.
  • H O A Exist: Yes

Schools

  • School District: Mountain View-Los Altos Union High

Lot Info

  • Parcel Number: 167-46-020

Multi Family

  • Utilities: Public Utilities
  • Maximum Building Height: 2
  • Minimum Building Height: 2

MLS Schools

  • High School District Text: Mountain View-Los Altos Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 29, 2023
Sold by
Jeswani Minal
Bought by
Jeswani Family Trust and Jeswani
Current Estimated Value
$1,081,307

Purchase Details

Listed on
May 1, 2023
Closed on
Apr 19, 2023
Sold by
Fletcher Jade
Bought by
Jeswani Minal
Seller's Agent
Emily Gore
Compass
Buyer's Agent
Renuka Chainani
Intero Real Estate Services
Sold Price
$985,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.95%
Original Mortgage
$500,000
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 10, 2019
Closed on
Dec 16, 2019
Sold by
Huffman Anne M
Bought by
Lee Jade Y
Seller's Agent
Julia Laquer
Christie's International Real Estate Sereno
Buyer's Agent
Juliana Lee
JLEE Realty
List Price
$975,000
Sold Price
$940,000
Premium/Discount to List
-$35,000
-3.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.43%
Original Mortgage
$752,000
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 11, 2019
Sold by
Huffman Glen A
Bought by
Huffman Anne M

Purchase Details

Closed on
Apr 20, 1999
Sold by
Ghafari Nahid
Bought by
Huffman Anne M and Huffman Glen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
6.75%

Purchase Details

Closed on
Oct 30, 1996
Sold by
Munselle Gerry H
Bought by
Ghafari Nahid

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
8.14%
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
Jeswani Family Trust -- None Listed On Document
Jeswani Minal $985,000 Chicago Title
Lee Jade Y $940,000 Old Republic Title Company
Huffman Anne M -- None Available
Huffman Anne M $315,000 First American Title Guarant
Huffman Glen A -- First American Title Guarant
Ghafari Nahid $198,500 Santa Clara Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jeswani Minal $500,000
Previous Owner Lee Jade Y $752,000
Previous Owner Huffman Anne M $215,000
Previous Owner Ghafari Nahid $108,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2023 05/10/23 Pending -- -- --
05/01/2023 05/01/23 Sold $985,000 +4.8% $934 / Sq Ft
01/14/2020 01/14/20 Sold $940,000 -2.1% $891 / Sq Ft
12/10/2019 12/10/19 Pending -- -- --
11/07/2019 11/07/19 Price Changed $960,000 -1.5% $910 / Sq Ft
10/10/2019 10/10/19 For Sale $975,000 -- $924 / 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 $13,078 $1,024,794 $512,397 $512,397
2024 $13,078 $1,004,700 $502,350 $502,350
2023 $12,847 $988,106 $494,053 $494,053
2022 $12,670 $968,732 $484,366 $484,366
2021 $12,730 $949,738 $474,869 $474,869
2020 $6,821 $451,527 $270,918 $180,609
2019 $6,543 $442,674 $265,606 $177,068
2018 $6,357 $433,996 $260,399 $173,597
2017 $6,256 $425,488 $255,294 $170,194
2016 $6,092 $417,146 $250,289 $166,857
2015 $5,991 $410,881 $246,530 $164,351
2014 $5,844 $402,833 $241,701 $161,132
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81927683

MLSListings

APN: 167-46-020