NOT LISTED FOR SALE

1476 Arbor Ave Los Altos, CA 94024

Loyola Neighborhood

Estimated Value: $4,724,000 - $6,129,000

5 Beds
2 Baths
2,411 Sq Ft
$2,345/Sq Ft Est. Value

Last Sold October 02, 2015

Last sale price $2,750,000 $1,141 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $34,777/month

9 Days on Market

Highlights

  • In Ground Pool
  • 2 Fireplaces
  • 1 Car Detached Garage
  • Loyola Elementary School Rated A+
  • Formal Dining Room
  • Forced Air Heating System

About This Home

As of October 2015

Finally, a large County lot on Arbor Avenue and just a short stroll away from the Los Altos Golf & Country Club (private). Whether you plan to remodel or rebuild, this is just what you've been waiting for. Located on the west side of the street, the property is wooded, private and very scenic. Arbor Avenue is a highly sought after country club area location and a landmark Halloween destination for trick or treating. Buyer to independently verify schools, availability, etc.

Last Agent to Sell the Property

Rick Bell

Compass License #01051633 Listed on: 09/08/2015

Compass

Co-Listed By

Suzanne Bell

Compass License #01422075

Last Buyer's Agent

Umang Sanchorawala

Compass License #01471341

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $57,596

Year Built

  • Built in 1951

Lot Details

  • 0.45

Parking

  • 1 Car Detached Garage

Home Design

  • Shake Roof

Interior Spaces

  • 2,411 Sq Ft Home
  • 1-Story Property
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Separate Family Room
  • Formal Dining Room
  • Crawl Space

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • In Ground Pool
  • Zoning described as Single Family Residential
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 331-10-070

Home Details

Home Type

Single Family

Est. Annual Taxes

$57,596

Year Built

Built in 1951

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Age: 64
  • Listing Class: Residential
  • Structure Sq Ft: 2411
  • Year Built: 1951
  • Zoning Description: Single Family Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Wood Burning
  • Dining Room: Formal Dining Room
  • Living Sq Ft: 2411
  • Stories: 1
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace: Yes

Exterior Features

  • Foundation: Crawl Space
  • Pool Description: Pool - In Ground
  • Roof: Shake
  • Pool: Yes

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Detached Garage

Utilities

  • Heating System: Forced Air
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: Mountain View-Los Altos Union High
  • Elementary School: Loyola Elementary
  • Middle School: Georgina P. Blach Intermediate
  • High School: Mountain View High
  • High School: 266
  • Elementary School: 134
  • Middle School: 129

Lot Info

  • Parcel Number: 331-10-070
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 19166.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 19166.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Mountain View-Los Altos Union High
  • Elementary School Text: Loyola Elementary
  • High School Text: Mountain View High
  • Middle School Text: Georgina P. Blach Intermediate

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2015
Closed on
Sep 29, 2015
Sold by
First Republic Bank
Bought by
Schlough William T and Schlough Erin M
Seller's Agent
Rick Bell
Compass
Buyer's Agent
Umang Sanchorawala
Compass
List Price
$2,150,000
Sold Price
$2,750,000
Premium/Discount to List
$600,000
27.91%
Current Estimated Value
$5,654,043

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,904,043
Avg. Annual Appreciation
7.50%
Original Mortgage
$1,375,000
Outstanding Balance
$1,014,822
Interest Rate
2%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,654,314

Purchase Details

Closed on
Nov 16, 2012
Sold by
First Republic Bank
Bought by
First Republic Bank and The Schmitz Trust

Purchase Details

Closed on
Apr 20, 2012
Sold by
Schmitz Edwin F and First Republic Bank
Bought by
First Republic Bank and The Schmitz Trust

Purchase Details

Closed on
Jan 31, 2012
Sold by
Schmitz Edwin F and The Schmitz Trust
Bought by
Schmitz Edwin F and First Republic Bank

Purchase Details

Closed on
May 29, 1996
Sold by
Schmitz Anne Marie and Schmitz Edwin F
Bought by
Schmitz Edwin F and Schmitz Anne Marie R
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
Schlough William T $2,750,000 Fidelity National Title Co
First Republic Bank -- None Available
First Republic Bank -- None Available
Schmitz Edwin F -- None Available
Schmitz Edwin F -- --
Schmitz Edwin F -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2015 10/02/15 Sold $2,750,000 +27.9% $1,141 / Sq Ft
09/18/2015 09/18/15 Pending -- -- --
09/08/2015 09/08/15 For Sale $2,150,000 -- $892 / 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 $57,596 $5,023,599 $3,137,062 $1,886,537
2024 $57,596 $4,925,098 $3,075,551 $1,849,547
2023 $56,716 $4,828,529 $3,015,247 $1,813,282
2022 $56,208 $4,733,853 $2,956,125 $1,777,728
2021 $56,570 $4,641,033 $2,898,162 $1,742,871
2020 $53,845 $4,343,445 $2,868,445 $1,475,000
2019 $47,157 $3,917,201 $2,812,201 $1,105,000
2018 $35,878 $2,917,660 $2,757,060 $160,600
2017 $33,863 $2,805,000 $2,703,000 $102,000
2016 $33,012 $2,750,000 $2,650,000 $100,000
2015 $4,063 $221,610 $62,645 $158,965
2014 $3,916 $217,270 $61,418 $155,852
Source: Public Records

Agents Affiliated with this Home

  • Rick Bell

    Seller's Agent in 2015

    Rick Bell

    Compass

    (408) 829-4853

    5 in this area

    38 Total Sales

    Rick Bell
    Section Image

  • S

    Seller Co-Listing Agent in 2015

    Suzanne Bell

    Compass

    (650) 224-0274

    2 in this area

    5 Total Sales

    Suzanne Bell
    Section Image
  • Umang Sanchorawala

    Buyer's Agent in 2015

    Umang Sanchorawala

    Compass

    (650) 960-5363

    1 in this area

    52 Total Sales

    Umang Sanchorawala
    Section Image
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Map

Source: MLSListings

MLS Number: ML81513435

MLSListings

APN: 331-10-070

California Santa Clara County Los Altos 94024 Loyola

1476 Arbor Ave, Los Altos, CA

This home is located at 1476 Arbor Ave, Los Altos, CA 94024 since 08 September 2015 and is currently estimated at $5,654,043, approximately $2,345 per square foot. This property was built in 1951. 1476 Arbor Ave is a home located in Santa Clara County with nearby schools including Loyola Elementary School, Georgina P. Blach Junior High School, and Mountain View High School.

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