NOT LISTED FOR SALE

1187 Laureles Dr Los Altos, CA 94022

Estimated Value: $4,796,142 - $5,173,000

3 Beds
2.5 Baths
2,444 Sq Ft
$2,035/Sq Ft Est. Value

Last Sold November 16, 2017

Last sale price $3,450,000 $1,412 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $30,162/month

36 Days on Market

Highlights

  • Colonial Architecture
  • Family Room with Fireplace
  • Granite Countertops
  • Santa Rita Elementary School Rated A
  • Wood Flooring
  • Neighborhood Views

About This Home

As of November 2017

This is your North Los Altos Opportunity! Welcome to this STUNNING, IMMACULATE, UPDATED, single story home that has been designed with an eye towards blending the interior with the surroundings. Located in the desirable North Los Altos neighborhood, the home offers 3 bedrooms, 2.5 baths, large family room, inside laundry and a 2 car garage. Situated on a large 15, 225 sq ft lot( per county), at the end of a cul-de-sac, makes this property attractive to young families. Bright and airy spaces with large picture windows overlooking the wrap around yard makes it deal for indoor/outdoor living. Stellar Los Altos Schools and easy walk to The Sweet Shop. All this is in close proximity to everything the Peninsula has to offer, including downtown, Hill View community center, Library, vibrant San Antonio Village, Cal Tran and an easy commute to 280 and 101.

Last Agent to Sell the Property

Arti Miglani

Compass License #01150085 Listed on: 09/06/2017

Compass

Last Buyer's Agent

RECIP

Out of Area Office License #00000000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $45,488

Year Built

  • Built in 1956

Lot Details

  • 0.35 Acre Lot
  • Wood Fence
  • Level Lot
  • Sprinklers on Timer
  • Back Yard
  • Zoning described as R1

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Raised Foundation
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 2,444 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Two Way Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Neighborhood Views

Kitchen

  • Built-In Self-Cleaning Oven
  • Electric Oven
  • Range Hood
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Washer and Dryer

Outdoor Features

  • Balcony
  • Shed

Utilities

  • Forced Air Heating System
  • 220 Volts
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 167-10-027

Home Details

Home Type

Single Family

Est. Annual Taxes

$45,488

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Colonial
  • Age: 61
  • Listing Class: Residential
  • Structure Sq Ft: 2444
  • Incorporated: Yes
  • Year Built: 1956
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Dual See Thru, Family Room, Living Room, Wood Burning
  • Dining Room: Formal Dining Room
  • Kitchen: 220 Volt Outlet, Countertop - Granite, Dishwasher, Garbage Disposal, Hood Over Range, Microwave, Oven - Self Cleaning, Oven Range - Built-In, Oven Range - Electric, Pantry, Refrigerator
  • Living Sq Ft: 2444
  • Stories: 1
  • Bedrooms: More than One Bedroom on Ground Floor
  • Laundry: Inside, Washer / Dryer
  • Flooring: Hardwood, Tile
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Primary - Stall Shower(s), Shower over Tub - 1, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Raised
  • Roof: Composition
  • View: Neighborhood
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced, Sprinklers - Auto, Sprinklers - Lawn, Storage Shed / Structure
  • Fencing: Wood
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Mountain View-Los Altos Union High
  • Elementary School: Santa Rita Elementary
  • Middle School: Ardis G. Egan Intermediate
  • Elementary School: 136
  • Middle School: 133

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 167-10-027
  • Lot Acres: 0.3495
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 15225.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 15225.00
  • Soil: Unknown

Green Features

  • Energy Features: Double Pane Windows

Multi Family

  • Utilities: Public Utilities

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2017
Closed on
Nov 6, 2017
Sold by
Lewis Beatrice V
Bought by
Bajaj Sunil S and Bajaj Amrita S
Seller's Agent
Arti Miglani
Compass
Buyer's Agent
RECIP
Out of Area Office
List Price
$3,200,000
Sold Price
$3,450,000
Premium/Discount to List
$250,000
7.81%
Current Estimated Value
$4,974,036

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,524,036
Avg. Annual Appreciation
4.75%
Original Mortgage
$2,000,000
Outstanding Balance
$1,642,521
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,331,515
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
Bajaj Sunil S $3,450,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bajaj Sunil S $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2017 11/16/17 Sold $3,450,000 +7.8% $1,412 / Sq Ft
10/13/2017 10/13/17 Pending -- -- --
10/12/2017 10/12/17 For Sale $3,200,000 0.0% $1,309 / Sq Ft
09/21/2017 09/21/17 Pending -- -- --
09/06/2017 09/06/17 For Sale $3,200,000 -- $1,309 / 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 $45,488 $3,925,506 $3,641,052 $284,454
2024 $45,488 $3,848,536 $3,569,659 $278,877
2023 $45,201 $3,773,075 $3,499,666 $273,409
2022 $44,629 $3,699,095 $3,431,046 $268,049
2021 $45,202 $3,626,565 $3,363,771 $262,794
2020 $44,927 $3,589,380 $3,329,280 $260,100
2019 $42,836 $3,519,000 $3,264,000 $255,000
2018 $41,365 $3,450,000 $3,200,000 $250,000
2017 $2,981 $212,514 $47,551 $164,963
2016 $3,057 $208,348 $46,619 $161,729
2015 $3,158 $205,219 $45,919 $159,300
2014 $2,967 $201,200 $45,020 $156,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81676675

MLSListings

APN: 167-10-027