NOT LISTED FOR SALE

1720 Penny Way Los Altos, CA 94024

South Los Altos Neighborhood

Estimated Value: $2,871,000 - $3,628,000

3 Beds
2 Baths
1,554 Sq Ft
$2,114/Sq Ft Est. Value

Last Sold August 02, 2023

Last sale price $2,500,000 $1,609 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $20,628/month

7 Days on Market

Highlights

  • Breakfast Area or Nook
  • Forced Air Heating and Cooling System
  • Separate Family Room
  • Montclaire Elementary School Rated A
  • Combination Dining and Living Room
  • 1-Story Property

About This Home

As of August 2023

Embrace the perfect balance of a peaceful retreat within a thriving community. This charming Los Altos cul-de-sac home sits on a ~1/4 acre lot with a big backyard that is brimming with potential. Imagine enjoying your personal sanctuary, a cozy cloister for family gatherings, and/or an enviable outdoor entertaining area for memorable gatherings. The choice is yours and you owe it to yourself to see it in person. The bonus room could be a nice family room or a guest room with its full bath. The kitchen features updated appliances, counters and backsplash. Spacious living areas open to the screened porch and backyard. Located in a desirable Los Altos neighborhood with friendly neighbors, this home offers tranquility and easy access to renowned schools, vibrant shopping centers, and bustling downtown Los Altos. Grant Park, just 5 short blocks away, is the hub of the neighborhood with a playground, sports fields, and senior center. Grocery stores, coffee, and a library are close by, too!

Last Agent to Sell the Property

Andy Wong

Christie's International Real Estate Sereno License #01355319 Listed on: 07/12/2023

Christie's International Real Estate Sereno

Last Buyer's Agent

Rich Rollins

Rollins Realty License #00372659

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,770

Year Built

  • Built in 1953

Lot Details

  • 10,145 Sq Ft Lot
  • Zoning described as R1AB

Parking

  • Carport

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,554 Sq Ft Home
  • 1-Story Property
  • Separate Family Room
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Breakfast Area or Nook
  • Laundry in unit

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 318-22-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,770

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Age: 70
  • Listing Class: Residential
  • Structure Sq Ft: 1554
  • Year Built: 1953
  • Zoning Description: R1AB
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room
  • Dining Room: Breakfast Nook, Dining Area in Living Room
  • Living Sq Ft: 1554
  • Stories: 1
  • Laundry: Inside
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Parking Features: Carport, Covered Parking

Utilities

  • Cooling System: Central AC
  • Heating System: Forced Air
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Fremont Union High
  • Elementary School: Montclaire Elementary
  • Middle School: Cupertino Middle
  • High School: Homestead High
  • High School: 258
  • Elementary School: 90
  • Middle School: 70

Lot Info

  • Parcel Number: 318-22-009
  • Lot Acres: 0.2329
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 10144.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 10144.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Fremont Union High
  • Elementary School Text: Montclaire Elementary
  • High School Text: Homestead High
  • Middle School Text: Cupertino Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2023
Closed on
Jul 25, 2023
Sold by
Torres Frank M
Bought by
Wonder Years Inc
Seller's Agent
Andy Wong
Christie's International Real Estate Sereno
Buyer's Agent
Rich Rollins
Rollins Realty
List Price
$2,590,000
Sold Price
$2,500,000
Premium/Discount to List
-$90,000
-3.47%
Views
28
Current Estimated Value
$3,285,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$785,796
Avg. Annual Appreciation
16.42%
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
Wonder Years Inc $2,500,000 First American Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2023 08/02/23 Sold $2,500,000 -3.5% $1,609 / Sq Ft
07/19/2023 07/19/23 Pending -- -- --
07/12/2023 07/12/23 For Sale $2,590,000 -- $1,667 / 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 $29,770 $2,500,000 $2,300,000 $200,000
2023 $2,091 $96,804 $34,385 $62,419
2022 $2,271 $94,907 $33,711 $61,196
2021 $2,138 $93,047 $33,050 $59,997
2020 $2,000 $92,094 $32,712 $59,382
2019 $2,043 $90,289 $32,071 $58,218
2018 $1,904 $88,520 $31,443 $57,077
2017 $1,903 $86,785 $30,827 $55,958
2016 $1,836 $85,084 $30,223 $54,861
2015 $1,853 $83,807 $29,770 $54,037
2014 $1,826 $82,166 $29,187 $52,979
Source: Public Records

Agents Affiliated with this Home

  • Andy Wong

    Seller's Agent in 2023

    Andy Wong

    Sereno Group

    (650) 388-0029

    51 in this area

    81 Total Sales

    Andy Wong
    Section Image
  • Rich Rollins

    Buyer's Agent in 2023

    Rich Rollins

    Rollins Realty

    (650) 327-0375

    1 in this area

    41 Total Sales

    Rich Rollins
    Section Image
  • Sergio Garcia

    Buyer's Agent in 2023

    Sergio Garcia

    Sunshine Properties RealEstate

    (760) 672-8326

    1 in this area

    72 Total Sales

    Sergio Garcia
    Section Image
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Map

Source: MLSListings

MLS Number: ML81934745

MLSListings

APN: 318-22-009

California Santa Clara County Los Altos 94024 South Los Altos

1720 Penny Way, Los Altos, CA

This home is located at 1720 Penny Way, Los Altos, CA 94024 since 12 July 2023 and is currently estimated at $3,285,796, approximately $2,114 per square foot. This property was built in 1953. 1720 Penny Way is a home located in Santa Clara County with nearby schools including Montclaire Elementary School, Cupertino Middle School, and Homestead High School.

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