NOT LISTED FOR SALE

12243 Tepa Way Los Altos Hills, CA 94022

Loyola Neighborhood

Estimated Value: $4,449,143

1.5 Acres
$2,972,834 Price per Acre
65,192 Sq Ft Lot

Last Sold February 17, 2022

Last sale price $4,300,000 $916 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $29,225/month

223 Days on Market

Highlights

  • 1.5 Acre Lot
  • Secluded Lot
  • Park or Greenbelt View
  • Gardner Bullis Elementary School Rated A

About This Lot

As of February 2022

Private, +/- 1,65 AC (survey) park-like settings feature sprawling lawns, mature trees, meandering Adobe creek, and a full-size tennis court. Property located in the premium flat area of the Los Altos Hills 2-minutes to 280 and 5-minutes to Los Altos Village. Projected MFA +/- 8,683, MDA +/- 23,276 per architectural plans. California living at its best. The history of the Pink Horse Ranch, the name this property goes by, rolls back to 1951 when it became a weekly entertaining destination for many of San Fran socialites. A building site plan is available. Buyer to verify accuracy of the projected MFA & MDA as well as listed lot size.

Last Agent to Sell the Property

Andrei Bandrovsky

Compass License #01269475 Listed on: 06/01/2021

Compass

Last Buyer's Agent

Mandana Simai

Christie's International Real Estate Sereno License #01437800

Christie's International Real Estate Sereno

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $51,861

Year Built

  • 1957

Lot Details

  • 1.5 Acre Lot
  • Barbed Wire
  • Back Yard Fenced
  • Secluded Lot
  • Level Lot

Additional Features

  • Park or Greenbelt Views
  • Gas Available

Property Details

Property Type

Land

Est. Annual Taxes

$51,861

Year Built

1957

Lot Details

0

Listing Details

  • Zoning: RA
  • Subclass: Residential Lot
  • Listing Class: Residential Lots & Land
  • Present Use: Residential, Single Family
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1957

Exterior Features

  • View: Greenbelt
  • Fencing: Barbed Wire, Fenced Back, Partial Fencing

Utilities

  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Mountain View-Los Altos Union High
  • Elementary School: Gardner Bullis Elementary
  • Middle School: Ardis G. Egan Intermediate
  • High School: Los Altos High
  • High School: 265
  • Elementary School: 1079
  • Middle School: 133

Lot Info

  • Lot Description: Grade - Level, Private / Secluded
  • Lot Acres: 1.4966
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 65192.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 65192.00
  • Parcel Access: City Street

Multi Family

  • Utilities: Electricity - On Site, Gas - On Site, Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2021
Closed on
Jan 21, 2022
Sold by
Kislyi and Ljubov
Bought by
Farjadrad Ramin and Danesh Poupak
Seller's Agent
Andrei Bandrovsky
Compass
Buyer's Agent
Mandana Simai
Christie's International Real Estate Sereno
List Price
$5,840,000
Sold Price
$4,300,000
Premium/Discount to List
-$1,540,000
-26.37%
Total Days on Market
223
Current Estimated Value
$4,449,143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,143
Avg. Annual Appreciation
3.20%

Purchase Details

Listed on
Sep 25, 2012
Closed on
Feb 7, 2013
Sold by
Brennan Ann
Bought by
Kislyi Evgueni and Kislaya Ljubov
Seller's Agent
Gary Campi
Golden Gate Sotheby's International Realty
Buyer's Agent
Andrei Bandrovsky
Golden Gate Sotheby's International Realty
List Price
$3,395,000
Sold Price
$3,300,000
Premium/Discount to List
-$95,000
-2.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.97%

Purchase Details

Closed on
Oct 26, 2011
Sold by
Brennan Ann
Bought by
Brennan Ann
Source: Public Records

Range of Values:

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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
Farjadrad Ramin $4,300,000 Old Republic Title
Kislyi Evgueni $3,300,000 Chicago Title Company
Brennan Ann -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Harris James Mayfield $300,000
Previous Owner Harris J Mayfield $550,000
Previous Owner Harris J Mayfield $550,000
Previous Owner Harris J Mayfield $550,500
Previous Owner Harris J Mayfield $550,000
Previous Owner Harris J Mayfield $550,000
Previous Owner Harris J Mayfield $470,000
Previous Owner Harris J Mayfield $470,000
Previous Owner Harris J Mayfield $475,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2022 02/17/22 Sold $4,300,000 -7.9% $916 / Sq Ft
01/10/2022 01/10/22 Pending -- -- --
11/27/2021 11/27/21 Price Changed $4,670,000 -20.0% $995 / Sq Ft
06/01/2021 06/01/21 For Sale $5,840,000 +77.0% $1,244 / Sq Ft
02/08/2013 02/08/13 Sold $3,300,000 -2.8% $756 / Sq Ft
02/02/2013 02/02/13 Pending -- -- --
09/25/2012 09/25/12 For Sale $3,395,000 -- $778 / 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
2024 $51,861 $4,473,720 $4,473,720 --
2023 $51,724 $4,386,000 $4,386,000 $0
2022 $44,006 $3,713,285 $3,713,285 $0
2021 $44,251 $3,640,476 $3,640,476 $0
2020 $44,632 $3,603,148 $3,603,148 $0
2019 $42,981 $3,532,499 $3,532,499 $0
2018 $41,952 $3,463,235 $3,463,235 $0
2017 $31,787 $2,652,600 $2,652,600 $0
2016 $31,042 $2,600,589 $2,600,589 $0
2015 $40,032 $3,381,214 $2,561,526 $819,688
2014 $39,573 $3,314,982 $2,511,350 $803,632
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2022

    Andrei Bandrovsky

    Compass

    (650) 941-1111

    1 in this area

    1 Total Sale

    Andrei Bandrovsky
    Section Image
  • Mandana Simai

    Buyer's Agent in 2022

    Mandana Simai

    Sereno Group

    (408) 315-9958

    1 in this area

    141 Total Sales

    Mandana Simai
    Section Image
  • Gary Campi

    Seller's Agent in 2013

    Gary Campi

    Golden Gate Sotheby's International Realty

    (650) 799-1855

    20 in this area

    103 Total Sales

    Gary Campi
    Section Image
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Map

Source: MLSListings

MLS Number: ML81846620

MLSListings

APN: 336-30-015

California Santa Clara County Los Altos Hills 94022 Loyola

12243 Tepa Way, Los Altos Hills, CA

This home is located at 12243 Tepa Way, Los Altos Hills, CA 94022 since 01 June 2021 and is currently estimated at $4,449,143, approximately $947 per square foot. This property was built in 1957. 12243 Tepa Way is a home located in Santa Clara County with nearby schools including Gardner Bullis Elementary School, Ardis G. Egan Junior High School, and Los Altos High School.

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