NOT LISTED FOR SALE

123 W Portola Ave Los Altos, CA 94022

Estimated Value: $3,344,000 - $4,023,000

3 Beds
2 Baths
1,324 Sq Ft
$2,699/Sq Ft Est. Value

Last Sold April 06, 2018

Last sale price $2,800,000 $2,115 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $22,529/month

5 Days on Market

Highlights

  • Primary Bedroom Suite
  • Deck
  • Quartz Countertops
  • Santa Rita Elementary School Rated A
  • Wood Flooring
  • Breakfast Area or Nook

About This Home

As of April 2018

Beautifully updated, rarely available, North Los Altos cottage. Tastefully updated to preserve the 1930s charm with picture-perfect curb appeal. Spacious living room with wide picture window and gas-log fireplace. Arched entryway opens to the formal dining room with three side-facing windows. Light and bright kitchen with natural wood cabinetry topped with Corian countertops plus room for casual dining. Master suite with walk-in closet and tile-appointed en suite bath. Ample-in home storage includes a 100-sq ft partially finished basement. Architectural plans are available to convert the home to a 5 bed, 4.5 bath. Fully fenced wraparound yard includes a deck with bench seating, a long paved patio with pergola-covered seating area, level lawn, vegetable beds and mature perimeter landscaping. Detached and fully finished garage is the ideal space for a family room, hobbies or playroom. Wonderful location close to excellent schools, .5 mile to the San Antonio Village and commute routes.

Last Agent to Sell the Property

Mini Kalkat

Intero Real Estate Services License #01112790 Listed on: 03/08/2018

Intero Real Estate Services

Co-Listed By

David Troyer

Intero Real Estate Services License #01234450

Last Buyer's Agent

Rob Mibach

Intero Real Estate Services License #01318177

Intero Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $37,119

Year Built

  • Built in 1930

Lot Details

  • 6,382 Sq Ft Lot
  • Wood Fence
  • Zoning described as R1

Parking

  • 1 Car Garage
  • Uncovered Parking
  • Off-Street Parking

Home Design

  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,324 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Formal Dining Room
  • Washer and Dryer
  • Unfinished Basement

Kitchen

  • Breakfast Area or Nook
  • Double Oven
  • Gas Oven
  • Range Hood
  • Dishwasher
  • Quartz Countertops

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 167-17-085

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,119

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Age: 88
  • Listing Class: Residential
  • Structure Sq Ft: 1324
  • Year Built: 1930
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room
  • Dining Room: Breakfast Nook, Formal Dining Room
  • Kitchen: Countertop - Quartz, Dishwasher, Hood Over Range, Oven - Double, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 1324
  • Stories: 1
  • Bedrooms: Primary Suite / Retreat, Walk-in Closet
  • Laundry: Washer / Dryer
  • Flooring: Hardwood, Laminate, Tile
  • Additional Rooms: Basement - Unfinished
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Shower and Tub, Stall Shower
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Shingle
  • Yard/Grounds: Deck
  • Fencing: Wood

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 3
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Off-Street Parking, Uncovered Parking

Utilities

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

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

  • Parcel Number: 167-17-085
  • Lot Acres: 0.1465
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6383.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6383.00

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
Jul 9, 2022
Sold by
Chu Stephen Wei Yen and Chu Kaori
Bought by
Tsuge Chu Family Living Trust
Current Estimated Value
$3,573,900

Purchase Details

Listed on
Mar 8, 2018
Closed on
Mar 15, 2018
Sold by
Ramachandran Nandakumar N and Soman Anuradaha K
Bought by
Yen Chu Stephen Wei and Tsuge Kaori
Seller's Agent
Mini Kalkat
Intero Real Estate Services
Buyer's Agent
Rob Mibach
Intero Real Estate Services
List Price
$2,198,000
Sold Price
$2,800,000
Premium/Discount to List
$602,000
27.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.35%
Original Mortgage
$1,999,999
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 21, 2015
Sold by
Ramachandran Nandakumar N and Soman Anuradha K
Bought by
The Ramachandran Trust and Soman Anuradha K

Purchase Details

Listed on
Sep 4, 2014
Closed on
Nov 12, 2014
Sold by
Thompson Russell B and Grant Judith L
Bought by
Ramachandran Nandakumar and Soman Anuradha
Seller's Agent
Royce Cablayan
Christie's International Real Estate Sereno
Buyer's Agent
Gowthaman Gurusamy
Realty Champion Inc
List Price
$1,475,000
Sold Price
$1,749,000
Premium/Discount to List
$274,000
18.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.87%
Original Mortgage
$1,399,200
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 13, 2011
Sold by
Thompson Russell and Grant Judith
Bought by
Thompson Russell B and Grant Judith L

Purchase Details

Closed on
Apr 11, 1994
Sold by
Wheeler Robert T and Wheeler Sharon L
Bought by
Thompson Russell and Grant Judith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
6.75%
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
Tsuge Chu Family Living Trust -- --
Yen Chu Stephen Wei $2,800,000 First American Title Co
The Ramachandran Trust -- None Available
Ramachandran Nandakumar $1,749,000 Old Republic Title Company
Thompson Russell B -- None Available
Thompson Russell $360,000 North American Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chu Stephen Wei Yen $1,900,000
Previous Owner Chu Stephen Wei Yen $1,900,000
Previous Owner Yen Chu Stephen Wei $1,999,999
Previous Owner Ramachandran Nandakumar N $1,367,000
Previous Owner Ramachandran Nandakumar $1,399,200
Previous Owner Thompson Russell $151,377
Previous Owner Thompson Russell $250,000
Previous Owner Thompson Russell $265,000
Previous Owner Thompson Russell $271,000
Previous Owner Thompson Russell $288,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2018 04/06/18 Sold $2,800,000 +27.4% $2,115 / Sq Ft
03/14/2018 03/14/18 Pending -- -- --
03/08/2018 03/08/18 For Sale $2,198,000 +25.7% $1,660 / Sq Ft
12/01/2014 12/01/14 Sold $1,749,000 0.0% $1,321 / Sq Ft
10/30/2014 10/30/14 Pending -- -- --
10/16/2014 10/16/14 Price Changed $1,749,000 +18.6% $1,321 / Sq Ft
10/16/2014 10/16/14 For Sale $1,475,000 -15.7% $1,114 / Sq Ft
09/18/2014 09/18/14 Off Market $1,749,000 -- --
09/04/2014 09/04/14 For Sale $1,475,000 -- $1,114 / 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 $37,119 $3,185,919 $2,873,017 $312,902
2024 $37,119 $3,123,451 $2,816,684 $306,767
2023 $36,653 $3,062,207 $2,761,455 $300,752
2022 $36,285 $3,002,164 $2,707,309 $294,855
2021 $36,469 $2,943,299 $2,654,225 $289,074
2020 $36,664 $2,913,120 $2,627,010 $286,110
2019 $34,865 $2,856,000 $2,575,500 $280,500
2018 $23,244 $1,847,407 $1,584,398 $263,009
2017 $22,340 $1,811,184 $1,553,332 $257,852
2016 $21,839 $1,775,672 $1,522,875 $252,797
2015 $21,431 $1,749,000 $1,500,000 $249,000
2014 -- $499,140 $318,897 $180,243
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81695446

MLSListings

APN: 167-17-085