NOT LISTED FOR SALE

16 Otis Way Los Altos, CA 94022

Estimated Value: $3,645,000 - $4,581,000

3 Beds
2 Baths
1,524 Sq Ft
$2,701/Sq Ft Est. Value

Last Sold July 14, 2023

Last sale price $3,400,000 $2,231 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $25,189/month

8 Days on Market

Highlights

  • Family Room with Fireplace
  • Wood Flooring
  • Bathtub with Shower
  • Almond Elementary School Rated A+
  • 2 Car Attached Garage
  • Walk-in Shower

About This Home

As of July 2023

Premier Los Altos neighborhood, just minutes to the Village. A great opportunity to remodel or build new on this private cul-de-sac setting. Expansive park-like yard with mature trees. Close to Excellent Top-rated Schools; Almond Elementary, Egan Jr High and Los Altos High.

Last Agent to Sell the Property

Gary Campi

Golden Gate Sotheby's International Realty License #00600311 Listed on: 05/31/2023

Golden Gate Sotheby's International Realty

Last Buyer's Agent

Linda Wang

Compass License #01703792

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $40,368

Year Built

  • Built in 1951

Lot Details

  • 0.25 Acre Lot
  • Zoning described as R110

Parking

  • 2 Car Attached Garage

Home Design

  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,524 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Dining Area
  • Laundry in unit

Kitchen

  • Built-In Oven
  • Electric Cooktop

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Utilities

  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 189-35-038

Home Details

Home Type

Single Family

Est. Annual Taxes

$40,368

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 72
  • Listing Class: Residential
  • Structure Sq Ft: 1524
  • Year Built: 1951
  • Zoning Description: R110
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Living Room
  • Dining Room: Dining Area
  • Kitchen: Cooktop - Electric, Oven - Built-In, Refrigerator
  • Living Sq Ft: 1524
  • Stories: 1
  • Laundry: Inside
  • Flooring: Carpet, Hardwood, Laminate
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Shower over Tub - 1, Stall Shower
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Composition, Shingle

Garage/Parking

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

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: Mountain View-Los Altos Union High
  • Elementary School: Almond Elementary
  • Middle School: Ardis G. Egan Intermediate
  • High School: Los Altos High
  • High School: 265
  • Elementary School: 128
  • Middle School: 133

Lot Info

  • Parcel Number: 189-35-038
  • Lot Acres: 0.2503
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 10905.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 10905.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Mountain View-Los Altos Union High
  • Elementary School Text: Almond Elementary
  • High School Text: Los Altos High
  • Middle School Text: Ardis G. Egan Intermediate

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 26, 2024
Sold by
Zhou Huapeng and Qi Niting
Bought by
Zhou Qi Family Trust and Zhou
Current Estimated Value
$4,116,579

Purchase Details

Listed on
May 31, 2023
Closed on
Jun 14, 2023
Sold by
Carl E And Anna L Luckner Living Trust
Bought by
Zhou Huapeng and Qi Niting
Seller's Agent
Gary Campi
Golden Gate Sotheby's International Realty
Buyer's Agent
Linda Wang
Compass
List Price
$3,500,000
Sold Price
$3,400,000
Premium/Discount to List
-$100,000
-2.86%
Views
9

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.41%
Original Mortgage
$2,380,000
Interest Rate
5.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 2022
Sold by
Luis Luckner Anna
Bought by
Livi Carl E and Livi Anna

Purchase Details

Closed on
Aug 27, 2002
Sold by
Luckner Carl E and Luckner Anna L
Bought by
Luckner Carl E and Luckner Anna L
Source: Public Records

Range of Values:

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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
Zhou Qi Family Trust -- None Listed On Document
Zhou Huapeng $3,400,000 Chicago Title
Livi Carl E -- --
Luckner Carl E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zhou Huapeng $2,380,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2023 07/14/23 Sold $3,400,000 -2.9% $2,231 / Sq Ft
06/09/2023 06/09/23 Pending -- -- --
05/31/2023 05/31/23 For Sale $3,500,000 -- $2,297 / 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 $40,368 $3,468,000 $3,315,000 $153,000
2024 $40,368 $3,400,000 $3,250,000 $150,000
2023 $43,202 $3,550,000 $3,410,000 $140,000
2022 $3,427 $121,423 $50,692 $70,731
2021 $3,437 $119,044 $49,699 $69,345
2020 $3,333 $117,824 $49,190 $68,634
2019 $3,243 $115,515 $48,226 $67,289
2018 $2,773 $113,251 $47,281 $65,970
2017 $2,708 $111,031 $46,354 $64,677
2016 $2,683 $108,855 $45,446 $63,409
2015 $2,685 $107,221 $44,764 $62,457
2014 $2,563 $105,122 $43,888 $61,234
Source: Public Records

Agents Affiliated with this Home

  • Gary Campi

    Seller's Agent in 2023

    Gary Campi

    Golden Gate Sotheby's International Realty

    (650) 799-1855

    25 in this area

    102 Total Sales

    Gary Campi
    Section Image

  • L

    Buyer's Agent in 2023

    Linda Wang

    Compass

    Section Image
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Map

Source: MLSListings

MLS Number: ML81930078

MLSListings

APN: 189-35-038

California Santa Clara County Los Altos 94022

16 Otis Way, Los Altos, CA

This home is located at 16 Otis Way, Los Altos, CA 94022 since 31 May 2023 and is currently estimated at $4,116,579, approximately $2,701 per square foot. This property was built in 1951. 16 Otis Way is a home located in Santa Clara County with nearby schools including Almond Elementary School, Ardis G. Egan Junior High School, and Los Altos High School.

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