NOT LISTED FOR SALE

12894 La Cresta Dr Los Altos Hills, CA 94022

Estimated Value: $8,237,000 - $9,592,862

5 Beds
5.5 Baths
5,227 Sq Ft
$1,722/Sq Ft Est. Value

Last Sold October 12, 2017

Last sale price $7,200,000 $1,377 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $58,216/month

7 Days on Market

Highlights

  • Heated Pool and Spa
  • Bay View
  • Wood Flooring
  • Lucille M. Nixon Elementary School Rated A+
  • Primary Bedroom Suite
  • Outdoor Kitchen

About This Home

As of October 2017

Panoramic Bay Views! Behind a gated entrance, this custom 5BD/5.5BA home portrays timeless architecture and classic style on just over one acre with spectacular Bay views. Spanning two levels, this home is meticulously crafted with expansive windows, high ceilings, custom built-ins, and hardwood floors. Spacious formal rooms are complemented by a library/office, large family room plus a separate media/recreation room. 5 bedrooms are perfectly arranged, with 4 upstairs plus one on the lower level, ideal for an au pair. Befitting a property of such magnitude, the grounds are wrapped in stretches of manicured lawns while gardens terrace the hillside providing an enchanting spot for outdoor enjoyment. Offering the ultimate in privacy and a sense of seclusion, this exquisite estate home is merely one mile to Highway 280 for convenient access to all of Silicon Valley.

Last Agent to Sell the Property

Bogard-Tanigami Team

Compass License #70010064 Listed on: 09/12/2017

Last Buyer's Agent

nicholas french

Christie's International Real Estate Sereno License #01350085

Christie's International Real Estate Sereno

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $97,038

Year Built

  • Built in 1997

Lot Details

  • 1.09 Acre Lot
  • Gated Home
  • Back and Front Yard Fenced
  • Sprinklers on Timer
  • Zoning described as R1

Parking

  • 2 Car Garage
  • 1 Carport Space
  • Garage Door Opener

Property Views

  • Bay
  • City Lights

Home Design

  • Masonry

Interior Spaces

  • 5,227 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • High Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Formal Entry
  • Separate Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Library
  • Fire Sprinkler System

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Self-Cleaning Double Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • Split Bathroom
  • Stone Countertops In Bathroom
  • Dual Sinks
  • Jetted Tub in Primary Bathroom
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer
  • Laundry Tub

Pool

  • Heated Pool and Spa
  • Heated In Ground Pool
  • Pool Cover

Outdoor Features

  • Balcony
  • Outdoor Kitchen

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Radiant Heating System
  • High Speed Internet
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 175-44-045

Home Details

Home Type

Single Family

Est. Annual Taxes

$97,038

Year Built

Built in 1997

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 20
  • Listing Class: Residential
  • Structure Sq Ft: 5227
  • Year Built: 1997
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Starter, Living Room, Wood Burning
  • Dining Room: Breakfast Bar, Breakfast Nook, Eat in Kitchen, Formal Dining Room
  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Garbage Disposal, Hood Over Range, Island with Sink, Microwave, Oven - Built-In, Oven - Double, Oven - Self Cleaning, Pantry, Refrigerator
  • Living Sq Ft: 5227
  • Stories: 2
  • Security: Fire System - Sprinkler
  • Bedrooms: Primary Suite / Retreat, Walk-in Closet
  • Laundry: Inside, Tub / Sink, Washer / Dryer
  • Flooring: Carpet, Hardwood, Laminate, Stone, Tile
  • Additional Rooms: Formal Entry, Laundry Room, Library, Storage
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Bathroom: Double Sinks, Primary - Tub with Jets, Sauna, Shower and Tub, Split Bath, Stall Shower - 2+, Stone, Tile, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Pool Description: Pool - Cover, Pool - Heated, Pool - In Ground, Pool / Spa Combo
  • View: Bay, City Lights
  • Yard/Grounds: Balcony / Patio, Fenced, Outdoor Kitchen, Sprinklers - Auto
  • Pool: Yes
  • Fencing: Fenced, Fenced Back, Fenced Front, Gate, Mixed Height / Type
  • Construction Type: Masonry

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Gate / Door Opener
  • Carport Min: 1

Utilities

  • Cooling System: Central AC, Multi-Zone
  • Heating System: Central Forced Air - Gas, Heating - 2+ Zones, Radiant
  • Sewer/Septic System: Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Built-in Vacuum, High Ceiling, Skylight, Walk-in Closet

Schools

  • School District: Palo Alto Unified
  • Elementary School: Lucille M. Nixon Elementary
  • Middle School: Terman Middle
  • High School: Henry M. Gunn High
  • High School: 325
  • Elementary School: 318
  • Middle School: 323

Lot Info

  • Parcel Number: 175-44-045
  • Lot Acres: 1.0900
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 47480.40
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 47480.40

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: Lucille M. Nixon Elementary
  • High School Text: Henry M. Gunn High
  • Middle School Text: Terman Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2017
Closed on
Oct 10, 2017
Sold by
Liang Dongmu
Bought by
Shen Haoyu
Seller's Agent
Bogard-Tanigami Team
Compass
Buyer's Agent
nicholas french
Christie's International Real Estate Sereno
List Price
$6,288,000
Sold Price
$7,200,000
Premium/Discount to List
$912,000
14.5%
Total Days on Market
7
Current Estimated Value
$8,998,621

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,798,621
Avg. Annual Appreciation
2.73%
Original Mortgage
$3,900,000
Outstanding Balance
$3,238,259
Interest Rate
3.05%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$5,624,608

Purchase Details

Listed on
Sep 12, 2017
Closed on
Sep 21, 2017
Sold by
Lau James K and Lau Katherine S
Bought by
Shen Haoyu
Seller's Agent
Bogard-Tanigami Team
Compass
Buyer's Agent
nicholas french
Christie's International Real Estate Sereno
List Price
$6,288,000
Sold Price
$7,200,000
Premium/Discount to List
$912,000
14.5%

Purchase Details

Closed on
Apr 13, 2001
Sold by
Lau James K and Lau Katherine S
Bought by
Laboskey Peter

Purchase Details

Closed on
Feb 26, 1996
Sold by
Bethke Stephen F and Bethke Suzanne B
Bought by
Lau James K and Liang Katherine S
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
Shen Haoyu -- First American Title Company
Shen Haoyu $7,200,000 First American Title Company
Laboskey Peter -- --
Lau James K $775,000 Santa Clara Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shen Haoyu $3,900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2017 10/12/17 Sold $7,200,000 +14.5% $1,377 / Sq Ft
09/20/2017 09/20/17 Pending -- -- --
09/12/2017 09/12/17 For Sale $6,288,000 -- $1,203 / 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 $97,038 $8,031,732 $4,908,281 $3,123,451
2023 $95,748 $7,874,248 $4,812,041 $3,062,207
2022 $94,887 $7,719,852 $4,717,688 $3,002,164
2021 $92,956 $7,568,484 $4,625,185 $2,943,299
2020 $91,012 $7,490,880 $4,577,760 $2,913,120
2019 $85,868 $7,344,000 $4,488,000 $2,856,000
2018 $87,409 $7,200,000 $4,400,000 $2,800,000
2017 $38,242 $3,035,512 $1,109,344 $1,926,168
2016 $37,296 $2,975,993 $1,087,593 $1,888,400
2015 $36,494 $2,931,292 $1,071,257 $1,860,035
2014 $35,497 $2,873,873 $1,050,273 $1,823,600
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2017

    Bogard-Tanigami Team

    Compass

  • nicholas french

    Buyer's Agent in 2017

    nicholas french

    Sereno Group

    (650) 773-8000

    195 Total Sales

    nicholas french
    Section Image
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Map

Source: MLSListings

MLS Number: ML81677636

MLSListings

APN: 175-44-045

California Santa Clara County Los Altos Hills 94022

12894 La Cresta Dr, Los Altos Hills, CA

This home is located at 12894 La Cresta Dr, Los Altos Hills, CA 94022 since 12 September 2017 and is currently estimated at $8,998,621, approximately $1,721 per square foot. This property was built in 1997. 12894 La Cresta Dr 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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