Seller's Agent in 2019
Gretchen Swall
Compass
(650) 209-1560
2 in this area
28 Total Sales
1202 Payne Dr Los Altos, CA 94024
South Los Altos NeighborhoodEstimated Value: $4,514,000 - $4,915,000
4
Beds
3.5
Baths
2,530
Sq Ft
$1,882/Sq Ft
Est. Value
Highlights
- Primary Bedroom Suite
- Skyline View
- Wood Flooring
- Oak Avenue Elementary School Rated A
- Vaulted Ceiling
- Marble Bathroom Countertops
About This Home
As of August 2019Completely renovated to the studs in 2017 into a showpiece of contemporary luxury. Fully open design for living, dining and kitchen all in one flowing space. Chef's kitchen with 60 Wolf dual fuel range, Sub-Zero refrigerator and freezer, and huge 5' x 8' exotic quartzite island with breakfast bar seating. Second island includes two wine coolers, sink and ice maker convenient for entertaining. The space magically opens up with a seamless flow into the backyard via a 15' LaCantina accordion door for California living at its best. Engineered white oak floors throughout, high ceilings with 10 skylights, automated window blinds and Bose speakers. 4 large bedrooms and 3.5 baths plus detached studio with bath perfect for guests or home office/play. 2-car garage with high-speed EV charging and attic storage. Beautifully landscaped corner lot minutes to Rancho Shopping Center. Excellent Los Altos schools featuring Blach Middle School and Bullis Charter School South just 3 blocks away.
Home Details
Home Type
- Single Family
Year Built
- Built in 1939
Lot Details
- 0.26 Acre Lot
- Level Lot
- Sprinklers on Timer
- Back Yard Fenced
- Zoning described as R1
Parking
- 2 Car Detached Garage
- Off-Street Parking
Home Design
- Pillar, Post or Pier Foundation
- Composition Roof
- Concrete Perimeter Foundation
- Stucco
Interior Spaces
- 2,530 Sq Ft Home
- 1-Story Property
- Wet Bar
- Entertainment System
- Wired For Sound
- Vaulted Ceiling
- Skylights in Kitchen
- Double Pane Windows
- Great Room
- Dining Area
- Storage Room
- Skyline Views
- Monitored
Kitchen
- Open to Family Room
- Breakfast Bar
- Double Oven
- Warming Drawer
- Microwave
- Ice Maker
- Dishwasher
- Wine Refrigerator
- ENERGY STAR Qualified Appliances
- Kitchen Island
- Quartz Countertops
- Disposal
Flooring
- Wood
- Stone
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom Suite
- Walk-In Closet
- Remodeled Bathroom
- Marble Bathroom Countertops
- Solid Surface Bathroom Countertops
- Dual Sinks
- Low Flow Toliet
- Jetted Tub in Primary Bathroom
- Bathtub with Shower
- Bathtub Includes Tile Surround
- Walk-in Shower
Laundry
- Laundry Room
- Laundry Tub
Eco-Friendly Details
- Energy-Efficient HVAC
Outdoor Features
- Balcony
- Shed
Utilities
- Forced Air Heating and Cooling System
- Vented Exhaust Fan
- Thermostat
- Tankless Water Heater
- Water Softener is Owned
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 193-39-019
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 10, 2019
Closed on
Jul 26, 2019
Sold by
Houtzer Christian L and Pomykala Joanna M
Bought by
Knight Gareth Anthony and Knight Megan Elisabeth
Seller's Agent
Gretchen Swall
Compass
Buyer's Agent
Eric Fischer-Colbrie
Intero Real Estate Services
List Price
$3,750,000
Sold Price
$3,615,000
Premium/Discount to List
-$135,000
-3.6%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,146,849
Avg. Annual Appreciation
4.37%
Original Mortgage
$2,530,500
Outstanding Balance
$2,158,252
Interest Rate
2.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,603,597
Purchase Details
Listed on
Aug 6, 2015
Closed on
Aug 19, 2015
Sold by
Tran Peter and Poon Celia D
Bought by
Houtzer Christian L and Pomykala Joanna M
Seller's Agent
David Troyer
Intero Real Estate Services
Buyer's Agent
Stephanie Savides
Stephanie Savides, Broker
List Price
$2,598,000
Sold Price
$2,828,000
Premium/Discount to List
$230,000
8.85%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.36%
Original Mortgage
$2,121,000
Interest Rate
4.05%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 9, 2013
Sold by
Tran Peter and Poon Celia D
Bought by
Tran Peter and Poon Celia D
Purchase Details
Closed on
Jun 18, 2008
Sold by
Yu Zhiyi and Ly Eric
Bought by
Tran Peter and Poon Celia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,365,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 20, 2003
Sold by
Forsberg John H
Bought by
Ly Eric and Yu Zhiyi
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 7, 1990
Sold by
Forsberg John H and Forsberg Nona H
Bought by
Forsberg John H and Forsberg Nona H
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Knight Gareth Anthony | $3,615,000 | Chicago Title Company | |
| Houtzer Christian L | $2,828,000 | First American Title Company | |
| Tran Peter | -- | None Available | |
| Tran Peter | $1,965,000 | Financial Title Company | |
| Ly Eric | -- | Stewart Title Of California | |
| Forsberg John H | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Knight Gareth Anthony | $2,530,500 | |
| Previous Owner | Houtzer Christian L | $2,121,000 | |
| Previous Owner | Tran Peter | $1,365,000 | |
| Previous Owner | Ly Eric | $650,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/19/2019 08/19/19 | Sold | $3,615,000 | -3.6% | $1,429 / Sq Ft | |
| 07/25/2019 07/25/19 | Pending | -- | -- | -- | |
| 07/10/2019 07/10/19 | For Sale | $3,750,000 | +32.6% | $1,482 / Sq Ft | |
| 08/26/2015 08/26/15 | Sold | $2,828,000 | +8.9% | $1,129 / Sq Ft | View Prior Sale |
| 08/12/2015 08/12/15 | Pending | -- | -- | -- | |
| 08/06/2015 08/06/15 | For Sale | $2,598,000 | -- | $1,038 / Sq Ft |
Source: MLSListings
Tax History Compared to Growth
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 | $45,784 | $3,953,526 | $3,499,666 | $453,860 |
| 2024 | $45,784 | $3,876,007 | $3,431,046 | $444,961 |
| 2023 | $45,112 | $3,800,008 | $3,363,771 | $436,237 |
| 2022 | $44,577 | $3,725,499 | $3,297,815 | $427,684 |
| 2021 | $44,898 | $3,652,451 | $3,233,152 | $419,299 |
| 2020 | $45,191 | $3,615,000 | $3,200,000 | $415,000 |
| 2019 | $37,244 | $3,050,342 | $1,910,174 | $1,140,168 |
| 2018 | $36,860 | $2,990,532 | $1,872,720 | $1,117,812 |
| 2017 | $35,035 | $2,884,560 | $1,836,000 | $1,048,560 |
| 2016 | $34,106 | $2,828,000 | $1,800,000 | $1,028,000 |
| 2015 | $26,284 | $2,158,231 | $1,502,757 | $655,474 |
| 2014 | $25,990 | $2,115,956 | $1,473,321 | $642,635 |
Source: Public Records
Agents Affiliated with this Home
-
Gretchen Swall
-
Eric Fischer-Colbrie
Buyer's Agent in 2019
Eric Fischer-Colbrie
Intero Real Estate Services
(650) 533-7511
2 in this area
130 Total Sales
-
David Troyer
Seller's Agent in 2015
David Troyer
Intero Real Estate Services
(650) 440-5076
36 in this area
339 Total Sales
-
Stephanie Savides
Buyer's Agent in 2015
Stephanie Savides
Stephanie Savides, Broker
(650) 464-3581
13 Total Sales
Map
Source: MLSListings
MLS Number: ML81759820
APN: 193-39-019
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