1240 Lisa Ln Los Altos, CA 94024
South Los Altos NeighborhoodEstimated Value: $4,871,000 - $5,835,000
4
Beds
2.5
Baths
2,514
Sq Ft
$2,173/Sq Ft
Est. Value
Highlights
- Pool and Spa
- Primary Bedroom Suite
- Wood Flooring
- Oak Avenue Elementary School Rated A+
- Two Way Fireplace
- 2-minute walk to Marymeade Park
About This Home
As of June 2024Wonderfully updated, 1-story home is located on one of the best streets in Los Altos, & with highly-rated Los Altos schools including sought-after Oak Elementary. Lovely kitchen at the rear of the home offers abundant white cabinetry including a center island with dining bar, Sub-Zero refrigerator, & new: 5-burner gas range, double ovens, microwave, dishwasher & disposer. Family room is open from the kitchen, has a high, open-beamed wood ceiling, newly refinished hardwood floors, see-through fireplace, & French doors opening to the rear yard patio & arbor for entertaining. Primary bedroom retreat at the rear of the home has a patio door leading to the rear yard, & two closets for wardrobe storage; the en suite bath has a spacious dressing area with new large vanity, & a separate room with large, tiled shower over tub & a 2nd new vanity. Large laundry room offers a new tile floor, washer/dryer, storage cabinetry, & half bath with new vanity & commode. Other valuable features/improvements: new lifetime Presidential TL composition roof, new gutters, central air conditioning, newly refinished hardwood, new, plush 100% wool carpet in bedrooms, new attic insulation, and a freshly painted interior/exterior. Outstanding Los Altos schools nearby: Oak Elementary, Blach Middle, MV High.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $50,436
Year Built
- Built in 1969
Lot Details
- 10,454 Sq Ft Lot
- Back Yard Fenced
- Sprinkler System
- Zoning described as LA
Parking
- 2 Car Garage
Home Design
- Shingle Roof
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,514 Sq Ft Home
- 1-Story Property
- Beamed Ceilings
- High Ceiling
- Skylights
- Wood Burning Fireplace
- Two Way Fireplace
- Fireplace With Gas Starter
- Formal Entry
- Family Room with Fireplace
- Living Room with Fireplace
- Formal Dining Room
- Crawl Space
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Double Self-Cleaning Oven
- Gas Cooktop
- Microwave
- Dishwasher
- Kitchen Island
- Ceramic Countertops
- Disposal
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom Suite
- Bathtub with Shower
Laundry
- Laundry Room
- Washer and Dryer
Pool
- Pool and Spa
- In Ground Pool
Outdoor Features
- Balcony
Utilities
- Forced Air Heating and Cooling System
- Vented Exhaust Fan
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 193-37-005
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 8, 2024
Closed on
May 16, 2024
Sold by
Anne Armour Enea Survivors Trust and Enea Kristine
Bought by
Palani Madhusudhanan and Radhakrishnan Bhavana Vattompadath
Seller's Agent
Jeff Stricker
Compass
Buyer's Agent
Shilpa Merchant
The Agency
List Price
$4,275,000
Sold Price
$5,010,000
Premium/Discount to List
$735,000
17.19%
Total Days on Market
6
Views
14
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
$453,261
Avg. Annual Appreciation
8.77%
Original Mortgage
$2,510,000
Outstanding Balance
$2,479,077
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$2,984,184
Purchase Details
Closed on
Aug 24, 2009
Sold by
Enea Anne Armour
Bought by
Enea Anne Armour
Purchase Details
Closed on
Jun 14, 2001
Sold by
Enea Horace J and Enea Anne
Bought by
Enea Horace Joseph and Enea Louise Armour
Similar Homes in Los Altos, CA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Palani Madhusudhanan | $5,010,000 | Chicago Title | |
| Enea Anne Armour | -- | None Available | |
| Enea Horace Joseph | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Palani Madhusudhanan | $1,500,000 | |
| Open | Palani Madhusudhanan | $2,510,000 | |
| Previous Owner | Grea Horace Joseph | $250,000 | |
| Previous Owner | Enea Horace J | $192,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/04/2024 06/04/24 | Sold | $5,010,000 | +17.2% | $1,993 / Sq Ft |
| 05/15/2024 05/15/24 | Pending | -- | -- | -- |
| 05/08/2024 05/08/24 | For Sale | $4,275,000 | -- | $1,700 / 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 |
|---|---|---|---|---|
| 2024 | $50,436 | $4,375,000 | $4,000,000 | $375,000 |
| 2023 | $3,867 | $268,803 | $51,705 | $217,098 |
| 2022 | $3,944 | $263,534 | $50,692 | $212,842 |
| 2021 | $3,737 | $258,368 | $49,699 | $208,669 |
| 2020 | $3,635 | $255,720 | $49,190 | $206,530 |
| 2019 | $3,691 | $250,707 | $48,226 | $202,481 |
| 2018 | $3,469 | $245,792 | $47,281 | $198,511 |
| 2017 | $3,376 | $240,973 | $46,354 | $194,619 |
| 2016 | $3,364 | $236,249 | $45,446 | $190,803 |
| 2015 | $3,343 | $232,701 | $44,764 | $187,937 |
| 2014 | $3,517 | $228,144 | $43,888 | $184,256 |
Source: Public Records
Agents Affiliated with this Home
-
Jeff Stricker
Seller's Agent in 2024
Jeff Stricker
Compass
(650) 823-8057
6 in this area
29 Total Sales
-
Shilpa Merchant
Buyer's Agent in 2024
Shilpa Merchant
The Agency
(650) 906-6869
12 in this area
77 Total Sales
Map
Source: MLSListings
MLS Number: ML81964826
APN: 193-37-005
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