NOT LISTED FOR SALE

1070 Mercedes Ave Unit 24 Los Altos, CA 94022

Estimated Value: $1,032,000 - $1,448,000

2 Beds
2 Baths
1,055 Sq Ft
$1,107/Sq Ft Est. Value

Last Sold June 23, 2012

Last sale price $525,000 $498 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $6,936/month

7 Days on Market

Highlights

  • Clubhouse
  • Contemporary Architecture
  • Bathtub with Shower
  • Santa Rita Elementary School Rated A
  • Community Pool
  • Tile Flooring

About This Home

As of June 2012

Not a Short Sale or REO, Regular sale, 2 Bedroom and 2 baths, Inside Laundry and Fireplace, Huge Walk-in closet and 2 Balconies, Very green compex features a pool and community room. Property is located at the end of a Cul-de-sac, with no thru traffic. Lots of parking & extra storage. Walk to shopping, Best schools. Ready to move in

Last Agent to Sell the Property

Vrinder Makol

Bahr Investments License #01218839 Listed on: 05/16/2012

Last Buyer's Agent

Erika Ameri

Compass License #01727613

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $8,932

Year Built

  • Built in 1972

Lot Details

  • 2,439

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,055 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Window Treatments
  • Family Room with Fireplace
  • Family or Dining Combination

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Parking

  • 1 Carport Space
  • Guest Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • 220 Volts

Listing and Financial Details

  • Assessor Parcel Number 167-46-024

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include landscaping / gardening, pool spa or tennis, management fee, reserves, roof, sewer, maintenance - unit yard, water, common area electricity, exterior painting, garbage, unit coverage insurance
  • Ferrari Comm Mgmt. Association

Amenities

  • Clubhouse

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,932

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Subclass: Townhouse
  • Style: Contemporary
  • Age: 40
  • Sale Price Per Sq Ft: 497.63
  • Listing Class: Residential
  • Maximum Unit Levels: 2
  • Structure Sq Ft: 1055
  • Barclay Horizontal: 13
  • Barclays Page: 21
  • Incorporated: Yes
  • Map Book Page: 811
  • Map Book Page Secondary: 21
  • Map Side Coordinate: 3
  • Map Side Coordinate Secondary: 78
  • Map Top Coordinate: D
  • Map Top Coordinate Secondary: 13
  • Thomas Bros Page: 811
  • Thomas Brothers: D3
  • Year Built: 1972
  • Zoning Description: R31
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace: Family Room, Yes, Wood Burning, Gas Starter
  • Dining Room: Dining "L", Dining Area in Family Room
  • Kitchen: Dishwasher, Cooktop, Garbage Disposal, Refrigerator, Microwave, Oven Range - Built-In, 220 Volt Outlet
  • Living Sq Ft: 1055
  • Stories: 2
  • Laundry: Dryer, Washer, 220 Volt Outlet
  • Flooring: Carpet - Area, Tile, Vinyl / Linoleum
  • Maximum Bathrooms: 2
  • Maximum Numberof Bedrooms: 2
  • Minimum Bathrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Shower over Tub - 1, Tubs - 1, Stall Shower

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition

Garage/Parking

  • Garage Parking Features: Guest / Visitor Parking
  • Carport Max: 1
  • Carport Min: 1

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Electric

Condo/Co-op/Association

  • HOA Fees: 495
  • HOA Amenities: Club House, Community Pool
  • HOA Documents: Bylaws
  • Association Fees Include: Landscaping / Gardening, Pool, Spa, or Tennis, Management Fee, Reserves, Roof, Sewer, Maintenance - Unit Yard, Water, Common Area Electricity, Exterior Painting, Garbage, Unit Coverage Insurance
  • H O A Name Text: Ferrari Comm Mgmt.
  • Levels In Unit: 2
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Window Covering(s), Balcony/Patio

Schools

  • School District: Mountain View-Los Altos Union High

Lot Info

  • Parcel Number: 167-46-024
  • List Price per Sq Ft: 502.37
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 2440.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 2440.00
  • Lot Size Area Min Search: 2440.00
  • Maximum Lot Size: 2440.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Multi Family

  • Maximum Building Height: 3
  • Minimum Building Height: 1

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2012
Closed on
Jun 21, 2012
Sold by
Pei Miao
Bought by
Word David R
Seller's Agent
Vrinder Makol
Bahr Investments
Buyer's Agent
Erika Ameri
Compass
List Price
$530,000
Sold Price
$525,000
Premium/Discount to List
-$5,000
-0.94%
Current Estimated Value
$1,167,951

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$642,951
Avg. Annual Appreciation
6.21%
Original Mortgage
$417,000
Outstanding Balance
$61,618
Interest Rate
3.77%
Mortgage Type
New Conventional
Estimated Equity
$1,106,333

Purchase Details

Listed on
May 16, 2012
Closed on
Jun 11, 2012
Sold by
Singh Baljinder and Singh Ritu
Bought by
Word David R
Seller's Agent
Vrinder Makol
Bahr Investments
Buyer's Agent
Erika Ameri
Compass
List Price
$530,000
Sold Price
$525,000
Premium/Discount to List
-$5,000
-0.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Outstanding Balance
$61,618
Interest Rate
3.77%
Mortgage Type
New Conventional
Estimated Equity
$1,106,333

Purchase Details

Closed on
Feb 1, 2010
Sold by
Tanabe Lillian Hisako
Bought by
Singh Baljinder and Singh Ritu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,000
Interest Rate
4.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 1999
Sold by
Tanabe Lillian H
Bought by
Tanabe Lillian Hisako
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
Word David R -- First American Title Company
Word David R $525,000 First American Title Company
Singh Baljinder $505,000 North American Title Company
Tanabe Lillian Hisako -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Word David R $417,000
Previous Owner Singh Baljinder $404,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2012 06/23/12 Sold $525,000 -0.9% $498 / Sq Ft
05/23/2012 05/23/12 Pending -- -- --
05/16/2012 05/16/12 For Sale $530,000 -- $502 / 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 $8,932 $659,419 $330,337 $329,082
2024 $8,932 $646,490 $323,860 $322,630
2023 $8,711 $633,814 $317,510 $316,304
2022 $8,565 $621,387 $311,285 $310,102
2021 $8,600 $609,204 $305,182 $304,022
2020 $8,655 $602,958 $302,053 $300,905
2019 $8,284 $591,136 $296,131 $295,005
2018 $8,078 $579,546 $290,325 $289,221
2017 $7,909 $568,183 $284,633 $283,550
2016 $7,707 $557,043 $279,052 $277,991
2015 $7,580 $548,677 $274,861 $273,816
2014 $7,416 $537,930 $269,477 $268,453
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2012

    Vrinder Makol

    Bahr Investments

    Section Image
  • Erika Ameri

    Buyer's Agent in 2012

    Erika Ameri

    Compass

    (650) 269-8211

    5 in this area

    39 Total Sales

    Erika Ameri
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81218501

MLSListings

APN: 167-46-024

California Santa Clara County Los Altos 94022

1070 Mercedes Ave Unit 24, Los Altos, CA

This home is located at 1070 Mercedes Ave Unit 24, Los Altos, CA 94022 since 16 May 2012 and is currently estimated at $1,167,951, approximately $1,107 per square foot. This property was built in 1972. 1070 Mercedes Ave Unit 24 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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