NOT LISTED FOR SALE

Estimated Value: $5,184,000 - $5,324,000

5 Beds
4 Baths
2,835 Sq Ft
$1,860/Sq Ft Est. Value

Last Sold March 03, 2023

Last sale price $4,431,000 $1,563 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $33,966/month

About This Home

As of March 2023

Tranquil living with both views and boundless yard space at this light & bright, custom built 5-bedroom plus office, 3.5-bath hillside retreat set on over an acre awaits. As you traverse the large driveway which offers plenty of parking, you will be greeted with an inviting entrance flowing to the living room with soaring cathedral ceilings along with a wall of floor to ceiling windows that flood the common areas with light and open to a spacious kitchen with near 360 degrees of wraparound counterspace w/ seating perfect for multiple cooks or entertaining. Walk outside to your very own personal park that puts public parks to shame, no driving needed. In-house laundry room has a brand new washer and dryer. This beautiful home in the heart of Los Altos Hills is within close proximity of downtown Los Altos, Shoup Park, 280, the San Antonio Preserve and offers fantastic community amenities such as miles of hiking trails and top-rated Los Altos schools.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2023
Closed on
Feb 24, 2023
Sold by
Morrison Family Living Trust
Bought by
Taori Family Trust
Seller's Agent
Bernie Leung
Compass
Buyer's Agent
Bernie Leung
Compass
Sold Price
$7,500
Views
1
Current Estimated Value
$5,272,276

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,264,776
Avg. Annual Appreciation
8.03%
Original Mortgage
$2,500,000
Outstanding Balance
$2,404,772
Interest Rate
4.15%
Mortgage Type
New Conventional
Estimated Equity
$2,867,504

Purchase Details

Closed on
Jul 14, 2021
Sold by
Dragomir Mircea and The Morrison Family Living Tru
Bought by
Dragomir Mircea and The Morrison Family Living Tru

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,720,000
Interest Rate
3%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
May 24, 2010
Sold by
Morrison Jeanne K
Bought by
Morrison Jeanne K
Source: Public Records

Range of Values:

Collateral Analytics

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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
Taori Family Trust $4,431,000 Chicago Title
Dragomir Mircea -- Fnc Title Of California
Morrison Jeanne K -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Taori Family Trust $2,500,000
Previous Owner Dragomir Mircea $14,720,000
Previous Owner Dragomir Mircea $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2023 03/08/23 Rented $7,500 0.0% --
03/08/2023 03/08/23 Under Contract -- -- --
03/04/2023 03/04/23 For Rent $7,500 0.0% --
03/03/2023 03/03/23 Sold $4,431,000 +16.6% $1,563 / Sq Ft
02/10/2023 02/10/23 Pending -- -- --
01/31/2023 01/31/23 For Sale $3,800,000 -- $1,340 / Sq Ft

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 $52,448 $4,519,620 $4,386,000 $133,620
2023 $3,681 $228,672 $68,365 $160,307
2022 $2,836 $224,189 $67,025 $157,164
2021 $2,847 $219,794 $65,711 $154,083
2020 $2,868 $217,542 $65,038 $152,504
2019 $2,735 $213,277 $63,763 $149,514
2018 $2,718 $209,096 $62,513 $146,583
2017 $2,617 $204,997 $61,288 $143,709
2016 $2,548 $200,979 $60,087 $140,892
2015 $2,430 $197,961 $59,185 $138,776
2014 $2,404 $194,084 $58,026 $136,058
Source: Public Records

Agents Affiliated with this Home

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