NOT LISTED FOR SALE

1070 Mercedes Ave Unit 23 Los Altos, CA 94022

Estimated Value: $1,101,000 - $1,270,000

2 Beds
2 Baths
960 Sq Ft
$595/mo HOA Fee

Last Sold February 28, 2022

Last sale price $1,200,000 $1,250 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $8,195/month

7 Days on Market

Highlights

  • Private Pool
  • Clubhouse
  • Granite Countertops
  • Santa Rita Elementary School Rated A
  • Wood Flooring
  • Open to Family Room

About This Home

As of February 2022

2 beds, 2 baths, newly renovated home of 960 sf home in the Mercedes Court Community of Los Altos. Open layout living room highlights a custom marble fireplace, a chic light fixtures, and gleaming engineered hardwood floors that extend out to a private outdoor balcony. Stunningly remodeled chefs kitchen with modern amenities including stainless-steel appliances, granite countertops, glass subway tile backsplash, and soft-close custom cabinets. In-unit stackable washer and dryer hookups conveniently tucked away in hallway laundry closet with additional storage shelving for linens. Electric baseboard heating in living room/dining room areas with wall Unit AC in bedrooms. Top Los Altos schools within walking distance.

Last Agent to Sell the Property

Kei Group

Compass License #70010147 Listed on: 01/19/2022

Last Buyer's Agent

Mike Nekouasl

Altas Realty License #01425654

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,845

Year Built

  • 1972

Lot Details

  • 2,439

HOA Fees

  • $595 Monthly HOA Fees

Home Design

  • Reinforced Concrete Foundation
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 960 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Family or Dining Combination
  • Wood Flooring
  • Laundry in unit

Kitchen

  • Open to Family Room
  • Oven or Range
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Granite Bathroom Countertops
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Parking

  • 1 Carport Space
  • Assigned Parking

Pool

Utilities

  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating

Community Details

Overview

  • Association fees include exterior painting, fencing
  • 28 Units
  • Mercedes Court Association

Amenities

  • Clubhouse

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,845

Year Built

1972

Lot Details

0

HOA Fees

$595 per month

Listing Details

  • Zoning: R31
  • Subclass: Condominium
  • Age: 50
  • Listing Class: Residential
  • Max Numberof Unitsin Building: 28
  • Min Numberof Unitsin Complex: 28
  • Structure Sq Ft: 960
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1972

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Wood Burning
  • Dining Room: Dining Area In Family Room
  • Kitchen: Cooktop - Electric, Countertop - Granite, Dishwasher, Garbage Disposal, Microwave, Oven Range, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 960
  • Stories: 2
  • Bedrooms: Walk-In Closet
  • Laundry: Inside
  • Flooring: Hardwood
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Granite, Shower And Tub, Showers Over Tubs - 2+, Stall Shower, Tile, Updated Bath

Exterior Features

  • Foundation: Reinforced Concrete
  • Pool Description: Yes
  • Roof: Composition
  • Pool: Community Facility
  • Construction Type: Wood Frame

Garage/Parking

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

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Baseboard, Electric
  • Sewer/Septic System: Sewer Connected

Condo/Co-op/Association

  • Complex Name: Mercedes Court
  • HOA Fees: 595
  • HOA Amenities: Club House, Community Pool
  • HOA Documents: Articles Of Incorporation, Budget, Bylaws, Cc&rs, Financial Statement, Minutes
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Exterior Painting, Fencing
  • HOA Exist: Yes
  • H O A Name Text: Mercedes Court

Association/Amenities

  • Amenities Miscellaneous: Walk-In Closet

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
Jan 19, 2022
Closed on
Feb 19, 2022
Sold by
Ahluwalia Ashwinder S and Ahluwalia Amneet
Bought by
Mittal Prateek and Ruparel Tejshree
Seller's Agent
Kei Group
Compass
Buyer's Agent
Mike Nekouasl
Altas Realty
List Price
$1,188,000
Sold Price
$1,200,000
Premium/Discount to List
$12,000
1.01%
Current Estimated Value
$1,184,322

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,678
Avg. Annual Appreciation
-0.37%
Original Mortgage
$960,000
Outstanding Balance
$891,433
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$292,889

Purchase Details

Listed on
Aug 5, 2014
Closed on
Aug 18, 2014
Sold by
Mueller Paul R
Bought by
Ahluwalia Ashwinder S and Gulati Amneet
Seller's Agent
Susan Marsella
Coldwell Banker Realty
Buyer's Agent
Jatinder Ahluwalia
Saagar Realty
List Price
$689,000
Sold Price
$727,500
Premium/Discount to List
$38,500
5.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.87%
Original Mortgage
$582,000
Interest Rate
4.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 25, 2004
Sold by
Mueller Paul R
Bought by
Mueller Paul R

Purchase Details

Closed on
Nov 14, 2003
Sold by
Mueller Margaretta B
Bought by
Mueller Paul R

Purchase Details

Closed on
Apr 19, 1996
Sold by
Wyrough Bernadette
Bought by
Mueller Paul R and Mueller Margaretta B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.84%
Source: Public Records

Range of Values:

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Average Value
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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
Mittal Prateek $1,200,000 Chicago Title
Ahluwalia Ashwinder S $727,500 Old Republic Title Company
Mueller Paul R -- --
Mueller Paul R -- --
Mueller Paul R $179,500 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mittal Prateek $960,000
Previous Owner Ahluwalia Ashwinder S $582,000
Previous Owner Mueller Paul R $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2022 02/28/22 Sold $1,200,000 +1.0% $1,250 / Sq Ft
01/27/2022 01/27/22 Pending -- -- --
01/19/2022 01/19/22 For Sale $1,188,000 +63.3% $1,238 / Sq Ft
08/21/2014 08/21/14 Sold $727,500 0.0% $758 / Sq Ft
08/21/2014 08/21/14 Off Market $727,500 -- --
08/13/2014 08/13/14 Pending -- -- --
08/05/2014 08/05/14 For Sale $689,000 -- $718 / 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 $15,845 $1,273,448 $636,724 $636,724
2024 $15,845 $1,248,480 $624,240 $624,240
2023 $15,216 $1,195,000 $597,500 $597,500
2022 $10,911 $823,907 $411,897 $412,010
2021 $10,960 $807,753 $403,821 $403,932
2020 $11,034 $799,472 $399,681 $399,791
2019 $10,544 $783,797 $391,845 $391,952
2018 $10,312 $768,429 $384,162 $384,267
2017 $10,054 $753,363 $376,630 $376,733
2016 $9,803 $738,593 $369,246 $369,347
2015 $9,644 $727,500 $363,700 $363,800
2014 $3,198 $243,239 $85,097 $158,142
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81874967

MLSListings

APN: 167-46-023