NOT LISTED FOR SALE

116 Del Monte Ave Los Altos, CA 94022

Estimated Value: $3,513,000 - $5,672,000

3 Beds
2 Baths
1,522 Sq Ft
$3,125/Sq Ft Est. Value

Last Sold September 27, 2016

Last sale price $1,830,000 $1,202 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $28,643/month

9 Days on Market

Highlights

  • 1 Car Detached Garage
  • Skylights
  • Storage Room
  • Santa Rita Elementary School Rated A
  • Eat-In Kitchen
  • Fenced

About This Home

As of September 2016

The Los Altos home you have been searching for is now available! Incredible opportunity to build or remodel!! Close proximity to Los Altos Village. This 3 bedroom, 2 bath home sits on a generous lot size of 6,696sf and is located in one of the most sought after communities of Los Altos. Detached garage, separate workshop, and an outbuilding you can use for storage. The private yard has natural, low maintenance landscaping to help you feel part of nature every time you step outdoors. Within walking distance to excellent Los Altos schools, the Village at San Antonio Center, Whole Foods, Sprouts, great restaurants,the list goes on and on. Close to the El Camino Real, Stanford University, Google and Apple campuses, freeways, and transportation.

Last Agent to Sell the Property

Kraig Constantino

Intero Real Estate Services License #01215894 Listed on: 08/17/2016

Intero Real Estate Services

Last Buyer's Agent

Teresa Chan

Teresa Chan, Broker License #01925516

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,609

Year Built

  • Built in 1947

Lot Details

  • 6,708 Sq Ft Lot
  • Fenced
  • Level Lot
  • Zoning described as R1

Parking

  • 1 Car Detached Garage

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,522 Sq Ft Home
  • 1-Story Property
  • Skylights
  • Storage Room
  • Washer and Dryer Hookup
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Dual Sinks

Pool

  • Outside Bathroom Access

Listing and Financial Details

  • Assessor Parcel Number 167-17-041

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,609

Year Built

Built in 1947

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Age: 69
  • Listing Class: Residential
  • Structure Sq Ft: 1522
  • Incorporated: Yes
  • Year Built: 1947
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Dining Room: Eat in Kitchen
  • Living Sq Ft: 1522
  • Stories: 1
  • Laundry: Hookups Only
  • Additional Rooms: Storage
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Outside Access

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Composition
  • Fencing: Fenced
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Detached Garage

Utilities

  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Skylight

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

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 167-17-041
  • Lot Acres: 0.1540
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6695.17
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6695.17

Multi Family

  • Utilities: Public Utilities

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 20, 2019
Sold by
Lai Marshall Eric
Bought by
Lai Marshall Eric and Holt Sue Lin
Current Estimated Value
$4,756,341

Purchase Details

Listed on
Aug 17, 2016
Closed on
Sep 22, 2016
Sold by
Holt Sue Lin
Bought by
Lai Marshall Eric
Seller's Agent
Kraig Constantino
Intero Real Estate Services
Buyer's Agent
Teresa Chan
Teresa Chan, Broker
List Price
$1,799,950
Sold Price
$1,830,000
Premium/Discount to List
$30,050
1.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.13%
Original Mortgage
$630,000
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 17, 2016
Closed on
Sep 21, 2016
Sold by
Hicks Michael D and Thompson Thomas E
Bought by
Lai Marshall Eric
Seller's Agent
Kraig Constantino
Intero Real Estate Services
Buyer's Agent
Teresa Chan
Teresa Chan, Broker
List Price
$1,799,950
Sold Price
$1,830,000
Premium/Discount to List
$30,050
1.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 7, 2016
Sold by
Thompson Thomas E
Bought by
Thompson Thomas E

Purchase Details

Closed on
Jan 14, 2016
Sold by
Hicks Michael D
Bought by
Hicks Michael D

Purchase Details

Closed on
Mar 7, 2006
Sold by
Thompson Marilyn F
Bought by
Thompson Marilyn F

Purchase Details

Closed on
Nov 1, 2000
Sold by
Thompson Marilyn F
Bought by
Thompson Marilyn F
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
Lai Marshall Eric -- None Available
Lai Marshall Eric -- Chicago Title Company
Lai Marshall Eric $1,830,000 Chicago Title Company
Thompson Thomas E -- None Available
Hicks Michael D -- None Available
Thompson Marilyn F -- None Available
Thompson Marilyn F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lai Marshall Eric $879,359
Closed Lai Marshall Eric $250,000
Closed Lai Marshall E $900,000
Closed Lai Marshall Eric $630,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2016 09/27/16 Sold $1,830,000 +1.7% $1,202 / Sq Ft
08/27/2016 08/27/16 Pending -- -- --
08/17/2016 08/17/16 For Sale $1,799,950 -- $1,183 / 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 $39,609 $3,397,358 $1,911,482 $1,485,876
2024 $39,609 $3,330,744 $1,874,002 $1,456,742
2023 $39,006 $3,265,436 $1,837,257 $1,428,179
2022 $38,622 $3,553,197 $1,801,233 $1,751,964
2021 $43,069 $3,483,527 $1,765,915 $1,717,612
2020 $43,105 $3,447,808 $1,747,808 $1,700,000
2019 $30,475 $2,475,498 $1,713,538 $761,960
2018 $21,133 $1,679,940 $1,679,940 $0
2017 $22,614 $1,830,000 $1,647,000 $183,000
2016 $1,803 $110,213 $37,250 $72,963
2015 $1,647 $108,559 $36,691 $71,868
2014 $1,628 $106,434 $35,973 $70,461
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81600389

MLSListings

APN: 167-17-041