NOT LISTED FOR SALE

12840 Lucero Ln Los Altos Hills, CA 94022

Estimated Value: $5,712,835 - $6,605,000

4 Beds
4 Baths
4,357 Sq Ft
$1,430/Sq Ft Est. Value

Last Sold December 31, 2019

Last sale price $4,300,000 $987 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $39,625/month

45 Days on Market

Highlights

  • Art Studio
  • Wine Cellar
  • Solar Power System
  • Lucille M. Nixon Elementary School Rated A+
  • Bay View
  • Primary Bedroom Suite

About This Home

As of December 2019

4th bedroom is ideal as office plus separate studio make the living possibilities flexible. Very private and quiet setting with SF bay and Eastern hills views. Custom remodel with large windows letting light and incredible views in through almost every room. This is a garden lover's paradise with two vineyards, and abundance of fruit trees and herbs planted throughout, raised planting beds with potting shed. A separate studio and craftsman's workshop currently a wine cafe is also a great artist studio or possible ADU. Chef's kitchen, high ceilings, beautiful master suite. 3-car garage, solar panels, double pane low-e windows charged with argon, fully pre-wired for back up power by a generator, and more.

Last Agent to Sell the Property

Connie Miller

Compass License #01275848 Listed on: 10/17/2019

Compass

Co-Listed By

Stella Kwak Johnson

Compass License #00648495

Last Buyer's Agent

Lisa Dippel

Intero Real Estate Services License #01035286

Intero Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $56,981

Year Built

  • 1973

Lot Details

  • 1.14 Acre Lot
  • Secluded Lot
  • Gentle Sloping Lot
  • Sprinklers on Timer
  • Drought Tolerant Landscaping
  • Grass Covered Lot
  • Back Yard Fenced

Parking

  • 3 Car Garage
  • Workshop in Garage
  • Guest Parking
  • On-Street Parking

Property Views

  • Bay
  • City Lights
  • Vineyard
  • Mountain

Home Design

  • Custom Home
  • Wood Frame Construction
  • Ceiling Insulation
  • Floor Insulation
  • Metal Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 4,357 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Formal Entry
  • Wine Cellar
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Library
  • Recreation Room
  • Art Studio
  • Workshop
  • Sealed Crawl Space
  • Monitored

Kitchen

  • Breakfast Area or Nook
  • Double Oven
  • Gas Cooktop
  • Range Hood
  • Warming Drawer
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Granite Countertops
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Slate Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • Bathroom on Main Level
  • Granite Bathroom Countertops
  • Dual Sinks
  • Soaking Tub in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Oversized Bathtub in Primary Bathroom
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry Tub

Eco-Friendly Details

  • Energy-Efficient Insulation
  • Air Purifier
  • Solar Power System
  • Solar Heating System

Outdoor Features

  • Balcony
  • Deck
  • Outdoor Fireplace
  • Shed

Additional Homes

  • 680 SF Accessory Dwelling Unit

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Thermostat
  • Tankless Water Heater
  • Septic Tank

Community Details

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$56,981

Year Built

1973

Lot Details

0

Parking

3

Listing Details

  • Zoning: RA
  • Subclass: Single Family Home
  • Style: Custom
  • Age: 46
  • Listing Class: Residential
  • Second Res Apx Sq Ft: 680
  • Structure Sq Ft: 4357
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1973

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Gas Burning, Gas Starter, Living Room, Wood Burning
  • Dining Room: Breakfast Nook, Formal Dining Room
  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Garbage Disposal, Hood Over Range, Island, Island With Sink, Microwave, Oven - Double, Oven Range - Built-In, Gas, Pantry, Refrigerator, Trash Compactor, Warming Drawer
  • Fireplace: Yes
  • Living Sq Ft: 4357
  • Stories: 2
  • Security: Security Alarm, Security Service, Video / Audio System
  • Bedrooms: Ground Floor Bedroom, Primary Suite / Retreat, More Than One Bedroom On Ground Floor, Walk-In Closet
  • Laundry: Inside, Tub / Sink
  • Flooring: Carpet, Hardwood, Slate, Tile
  • Additional Rooms: Artist Studio, Den / Study / Office, Formal Entry, Laundry Room, Library, Recreation Room, Wine Cellar / Storage, Workshop
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Full On Ground Floor, Granite, Primary - Oversized Tub, Primary - Stall Shower(s), Shower Over Tub - 1, Tile, Tub With Jets, Updated Bath

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Metal
  • View: Bay, City Lights, Mountains, Vineyard
  • Yard/Grounds: Back Yard, Balcony / Patio, Deck, Drought Tolerant Plants, Low Maintenance, Outdoor Fireplace, Sprinklers - Auto, Sprinklers - Lawn, Storage Shed / Structure
  • Fencing: Fenced Back
  • Construction Type: Stucco, Wood Frame

Garage/Parking

  • Garage Spaces: 3
  • Parking Spaces: 3
  • Garage Max: 3
  • Garage Min: 3
  • Garage Parking Features: Attached Garage, Guest / Visitor Parking, On Street, Workshop In Garage

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air - Gas, Heating - 2+ Zones, Solar And Gas
  • Sewer/Septic System: Septic Connected

Association/Amenities

  • Amenities Miscellaneous: Air Purifier, High Ceiling, Skylight, Vaulted Ceiling, Walk-In Closet

Schools

  • School District: Palo Alto Unified
  • Elementary School: Lucille M. Nixon Elementary
  • Middle School: Frank S. Greene Middle
  • High School: Henry M. Gunn High
  • High School: 325
  • Elementary School: 318
  • Middle School: 329

Lot Info

  • Lot Description: Grade - Gently Sloped, Private / Secluded
  • Lot Acres: 1.1417
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 49734.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 49734.00

Green Features

  • Energy Features: Ceiling Insulation, Double Pane Windows, Energy Star Appliances, Green Features, Insulation - Floor, Insulation - Per Owner, Sealed Crawlspace, Skylight, Solar Power, Solar Power On Grid, Tankless Water Heater, Thermostat Controller, Walls Insulated

Multi Family

  • Utilities: Public Utilities, Solar Panels - Owned
  • Second Unit Description: studio+workshop

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2019
Closed on
Dec 9, 2019
Sold by
Bulfer David M and Pope Kelly
Bought by
Parthasarathi Sanjai and Thvar Ramya Sanjai
Seller's Agent
Connie Miller
Compass
Buyer's Agent
Lisa Dippel
Intero Real Estate Services
List Price
$4,680,000
Sold Price
$4,300,000
Premium/Discount to List
-$380,000
-8.12%
Total Days on Market
45
Current Estimated Value
$6,230,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,930,945
Avg. Annual Appreciation
6.33%
Original Mortgage
$2,580,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 2013
Sold by
Bulfer David M and Pope Kelly
Bought by
Bulfer David M and Pope Kelly

Purchase Details

Closed on
Feb 15, 2011
Sold by
Bulfer David M and Pope Kelly
Bought by
Bulfer David M and Pope Kelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 8, 1997
Sold by
Close Paul D
Bought by
Bulfer David M and Pope Bulfer Kelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$876,000
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Parthasarathi Sanjai $4,300,000 Old Republic Title Company
Bulfer David M -- None Available
Bulfer David M -- Old Republic Title Company
Bulfer David M $1,095,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parthasarathi Sanjai $500,000
Open Parthasarathi Sanjai $2,500,000
Closed Parthasarathi Sanjai $390,000
Closed Parthasarathi Sanjai $2,580,000
Previous Owner Bulfer David M $1,000,000
Previous Owner Bulfer David M $1,000,000
Previous Owner Bulfer David M $1,000,000
Previous Owner Bulfer David M $100,000
Previous Owner Bulfer David M $999,000
Previous Owner Bulfer David M $1,050,000
Previous Owner Bulfer David M $876,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2019 12/31/19 Sold $4,300,000 -8.1% $987 / Sq Ft
12/02/2019 12/02/19 Pending -- -- --
10/17/2019 10/17/19 For Sale $4,680,000 -- $1,074 / 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 $56,981 $4,775,890 $4,074,367 $701,523
2023 $56,267 $4,682,246 $3,994,478 $687,768
2022 $55,804 $4,590,438 $3,916,155 $674,283
2021 $52,843 $4,344,548 $3,839,368 $505,180
2020 $51,810 $4,300,000 $3,800,000 $500,000
2019 $21,758 $1,747,627 $1,095,030 $652,597
2018 $21,161 $1,713,360 $1,073,559 $639,801
2017 $20,778 $1,679,765 $1,052,509 $627,256
2016 $20,263 $1,646,829 $1,031,872 $614,957
2015 $20,034 $1,622,093 $1,016,373 $605,720
2014 $19,588 $1,590,319 $996,464 $593,855
Source: Public Records

Agents Affiliated with this Home

  • Connie Miller

    Seller's Agent in 2019

    Connie Miller

    Compass

    (650) 279-7074

    47 Total Sales

    Connie Miller
    Section Image
  • Stella Kwak Johnson

    Seller Co-Listing Agent in 2019

    Stella Kwak Johnson

    Compass

    (650) 799-7525

    23 Total Sales

    Stella Kwak Johnson
    Section Image
  • Lisa Dippel

    Buyer's Agent in 2019

    Lisa Dippel

    Intero Real Estate Services

    (408) 482-7292

    81 Total Sales

    Lisa Dippel
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81772745

MLSListings

APN: 182-20-044

California Santa Clara County Los Altos Hills 94022

12840 Lucero Ln, Los Altos Hills, CA

This home is located at 12840 Lucero Ln, Los Altos Hills, CA 94022 since 17 October 2019 and is currently estimated at $6,230,945, approximately $1,430 per square foot. This property was built in 1973. 12840 Lucero Ln is a home located in Santa Clara County with nearby schools including Lucille M. Nixon Elementary School, Ellen Fletcher Middle, and Henry M. Gunn High School.

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