NOT LISTED FOR SALE

Estimated Value: $2,019,000 - $2,322,000

5 Beds
3 Baths
2,057 Sq Ft
$1,040/Sq Ft Est. Value

Last Sold December 18, 2023

Last sale price $2,058,000 $1,000 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $13,557/month

8 Days on Market

Highlights

  • New Construction
  • Below Market Rate Unit
  • Skyline View
  • Crittenden Middle School Rated A-
  • Primary Bedroom Suite
  • High Ceiling

About This Home

As of December 2023

Brand new home situated in a gated community. This spacious 5 bedrooms/3 bathrooms home is beautiful and move-in ready. The light and bright open-floor kitchen with the large quartz stone countertop is perfect for entertaining. The 10'wide and 9' tall glass sliding door steps out to its own backyard. It's easy to relax on the front porch or simply enjoy the very quiet backyard. This 2,057 sqft comfortable living space is ideal for growing your family. 3 bedrooms have walk-in closets. Each room has its efficient temperature control unit. Each unit has 2 underground parking spaces and a storage room. One of the parking spots has a 240w EV charger. 12 guest parking are available. This community offers beautiful park-like landscaping and a picnic area. It's super easy to access 85,1001 & 237, Caltrain, and Light Rail, perfect for work-life balance. It is also close to many high-tech companies, such as Google, Microsoft, Meta, and Apple, (Google bus is a half block away.) shopping, restaurants, and excellent schools, such as Los Altos High.

Last Agent to Sell the Property

Lina Huang

Intero Real Estate Services License #01954283 Listed on: 11/07/2023

Intero Real Estate Services

Last Buyer's Agent

Carol Sangster

Compass License #01856274

Compass

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 2,396

HOA Fees

  • $441 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Electric Vehicle Home Charger
  • Garage Door Opener
  • Electric Gate
  • Secured Garage or Parking

Home Design

  • Metal Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,057 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • Skylights
  • Family or Dining Combination
  • Storage Room
  • Skyline Views
  • Security Gate

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Built-In Oven
  • Electric Oven
  • Electric Cooktop
  • Quartz Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Dual Sinks
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Washer and Dryer

Additional Features

  • North Facing Home
  • Forced Air Zoned Heating and Cooling System

Listing and Financial Details

  • Below Market Rate Unit
  • Assessor Parcel Number 150-65-011

Community Details

Overview

  • Association fees include common area electricity, exterior painting, fencing, garbage, insurance - common area, maintenance - common area, maintenance - exterior, management fee, reserves, roof, security service
  • 17 Units
  • Monticeto Townhome Owner Association
  • Built by Montecito

Security

  • Controlled Access

Townhouse Details

Home Type

Townhome

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$441 per month

Parking

2

Listing Details

  • Subclass: Townhouse
  • Restrictions: Below Market Rate Unit
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 17
  • Structure Sq Ft: 2057
  • Construction: Completed-Never Occupied, New Construction
  • Complex Name: Montecito
  • Incorporated: Yes
  • Year Built: 2023
  • Zoning Description: R3-22
  • Special Features: NewHome
  • Property Sub Type: Townhouses

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Dining Room: Breakfast Bar, Dining Area in Family Room
  • Kitchen: Cooktop - Electric, Countertop - Quartz, Oven - Built-In, Oven Range - Built-In, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 2057
  • Stories: 3
  • Security: Controlled / Secured Access, Secured Garage / Parking
  • Bedrooms: Primary Suite / Retreat, Walk-in Closet
  • Laundry: Electricity Hookup (220V), Inside, Washer / Dryer
  • Additional Rooms: Storage
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Bathroom: Double Sinks, Full on Ground Floor, Primary - Stall Shower(s), Shower and Tub, Skylight, Stall Shower, Tile

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Metal
  • Property Faces: North

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 12
  • Garage Parking Features: Detached Garage, Electric Car Hookup, Electric Gate, Gate / Door Opener, Underground Parking

Utilities

  • Cooling System: Multi-Zone
  • Heating System: Forced Air, Heating - 2+ Zones
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 441
  • HOA Documents: Articles of Incorporation, Budget, Bylaws, CC&RS, Financial Statement, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Exterior Painting, Fencing, Garbage, Insurance - Common Area, Maintenance - Common Area, Maintenance - Exterior, Management Fee, Reserves, Roof, Security Service
  • H O A Name Text: Monticeto Townhome Owner Association
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Security Gate, Skylight, Walk-in Closet

Schools

  • High School: 265

Lot Info

  • Parcel Number: 150-65-011

Multi Family

  • Utilities: Public Utilities
  • Maximum Building Height: 3
  • Minimum Building Height: 3

MLS Schools

  • High School District Text: Mountain View-Los Altos Union High
  • Elementary School Text: Theuerkauf Elementary
  • High School Text: Los Altos High
  • Middle School Text: Crittenden Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2023
Closed on
Dec 5, 2023
Sold by
Montecito Realty Group Lp
Bought by
Lam Victor and Wong Sylvia Cien
Seller's Agent
Lina Huang
Intero Real Estate Services
Buyer's Agent
Carol Sangster
Compass
List Price
$2,158,000
Sold Price
$2,058,000
Premium/Discount to List
-$100,000
-4.63%
Views
24
Current Estimated Value
$2,109,404

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,404
Avg. Annual Appreciation
1.94%
Original Mortgage
$1,440,600
Outstanding Balance
$1,407,454
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$732,294
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
Lam Victor $2,058,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lam Victor $1,440,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2023 12/18/23 Sold $2,058,000 -4.6% $1,000 / Sq Ft
11/16/2023 11/16/23 Pending -- -- --
11/07/2023 11/07/23 For Sale $2,158,000 -- $1,049 / 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 $24,769 $2,099,160 $1,049,580 $1,049,580
2024 $24,769 $2,058,000 $1,029,000 $1,029,000
2023 $11,814 $963,118 $240,919 $722,199
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81947262

MLSListings

APN: 150-65-011