NOT LISTED FOR SALE

150 Formway Ct Los Altos, CA 94022

Estimated Value: $5,072,000 - $7,272,849

3 Beds
2 Baths
2,149 Sq Ft
$2,814/Sq Ft Est. Value

Last Sold September 23, 2015

Last sale price $2,700,000 $1,256 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $35,966/month

6 Days on Market

Highlights

  • In Ground Pool
  • Deck
  • Vaulted Ceiling
  • Almond Elementary School Rated A
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of September 2015

Beautiful Contemporary. North Los Altos Home with Cul-de-Sac location. 3/2 and bonus room/office. Remodeled kitchen opens to family room. Sep.dining room. Very open floor plan. Dual Pane windows. Light and bright. New roof,(July 2015) paint and carpeting. Vaulted ceilings. Courtyard entryway. Serene backyard views, mature landscaping. Sparkling pool .Private, yet easy access to schools, transportation, shopping, commute routes, parks and Downtown Los Altos.

Last Agent to Sell the Property

Bea Waller

Coldwell Banker Realty License #00954876 Listed on: 08/26/2015

Coldwell Banker Realty

Last Buyer's Agent

Diyar Essaid

Coldwell Banker Realty License #01335648

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1972

Lot Details

  • Gated Home
  • Level Lot
  • Sprinklers on Timer
  • Back Yard
  • Zoning described as R1

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Tar and Gravel Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,149 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Skylights in Kitchen
  • Fireplace With Gas Starter
  • Double Pane Windows
  • Separate Family Room
  • Formal Dining Room
  • Den

Kitchen

  • Breakfast Bar
  • Built-In Self-Cleaning Oven
  • Gas Cooktop
  • Range Hood
  • Plumbed For Ice Maker
  • Corian Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Pool

  • In Ground Pool
  • Fence Around Pool
  • Pool Sweep

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan

Listing and Financial Details

  • Assessor Parcel Number 170-31-034

Home Details

Home Type

Single Family

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Contemporary
  • Listing Class: Residential
  • Structure Sq Ft: 2149
  • Incorporated: Yes
  • Year Built: 1972
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Starter
  • Dining Room: Breakfast Bar, Formal Dining Room
  • Kitchen: Cooktop - Gas, Countertop - Solid Surface / Corian, Exhaust Fan, Garbage Disposal, Hood Over Range, Hookups - Gas, Hookups - Ice Maker, Oven - Built-In, Oven - Self Cleaning, Skylight
  • Living Sq Ft: 2149
  • Stories: 1
  • Laundry: Dryer, Gas Hookup, Tub / Sink, Washer
  • Flooring: Carpet, Hardwood, Tile, Vinyl / Linoleum
  • Additional Rooms: Den / Study / Office
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Pool - Fenced, Pool - In Ground, Pool - Sweep
  • Roof: Composition, Tar and Gravel
  • Yard/Grounds: Back Yard, Deck, Fenced, Sprinklers - Auto
  • Pool: Yes
  • Fencing: Fenced, Gate
  • Construction Type: Wood

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Skylight, Vaulted Ceiling, Walk-in Closet

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 170-31-034
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 11354.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 11354.00

Green Features

  • Energy Features: Double Pane Windows, Skylight

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Mountain View-Los Altos Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 8, 2020
Sold by
Bita Ion and Bita Cristina G
Bought by
Bita Ion and Bita Cristina G
Current Estimated Value
$6,047,962

Purchase Details

Listed on
Aug 26, 2015
Closed on
Sep 15, 2015
Sold by
Brien Robert W O and Wagner Annette
Bought by
Bita Ion and Bita Cristina
Seller's Agent
Bea Waller
Coldwell Banker Realty
Buyer's Agent
Diyar Essaid
Coldwell Banker Realty
List Price
$2,350,000
Sold Price
$2,700,000
Premium/Discount to List
$350,000
14.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.12%
Original Mortgage
$1,850,000
Outstanding Balance
$1,450,569
Interest Rate
3.86%
Mortgage Type
New Conventional
Estimated Equity
$4,597,393

Purchase Details

Closed on
Mar 17, 2011
Sold by
Wagner Annette
Bought by
Wagner Annette

Purchase Details

Closed on
Dec 6, 2001
Sold by
Obrien Robert and Wagner Annette
Bought by
Obrien Robert W and Wagner Annette

Purchase Details

Closed on
Apr 21, 1999
Sold by
Obrien Robert and Wagner Annette
Bought by
Orbien Robert and Wagner Annette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$512,000
Interest Rate
7.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 18, 1997
Sold by
Suzuki and Hisako
Bought by
Obrien Robert and Wagner Annette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 5, 1994
Sold by
Cohn Donald S and Woolson Cohn Claudia H
Bought by
Suzuki Susumu and Suzuki Hisako

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
8.57%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bita Ion -- None Available
Bita Ion $2,700,000 Cornerstone Title Company
Wagner Annette -- None Available
Obrien Robert W -- None Available
Obrien Robert W -- --
Orbien Robert -- First American Title Guarant
Obrien Robert $760,000 Old Republic Title Company
Suzuki Susumu $535,000 First American Title Guarant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bita Ion $1,850,000
Previous Owner Orbien Robert $512,000
Previous Owner Obrien Robert $520,000
Previous Owner Suzuki Susumu $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2015 09/23/15 Sold $2,700,000 +14.9% $1,256 / Sq Ft
09/02/2015 09/02/15 Pending -- -- --
08/26/2015 08/26/15 For Sale $2,350,000 -- $1,094 / 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 $55,846 $4,836,717 $3,196,249 $1,640,468
2024 $55,846 $4,741,880 $3,133,578 $1,608,302
2023 $55,346 $4,648,903 $3,072,136 $1,576,767
2022 $54,550 $4,557,749 $3,011,899 $1,545,850
2021 $55,327 $4,468,383 $2,952,843 $1,515,540
2020 $54,825 $4,422,566 $2,922,566 $1,500,000
2019 $45,016 $3,724,261 $2,865,261 $859,000
2018 $34,561 $2,809,080 $2,809,080 $0
2017 $33,225 $2,754,000 $2,550,000 $204,000
2016 $32,613 $2,700,000 $2,500,000 $200,000
2015 $13,267 $1,009,719 $597,862 $411,857
2014 $12,955 $989,941 $586,151 $403,790
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81501914

MLSListings

APN: 170-31-034