NOT LISTED FOR SALE

1987 Farndon Ave Los Altos, CA 94024

South Los Altos Neighborhood

Estimated Value: $4,827,000 - $5,591,000

5 Beds
3.5 Baths
3,842 Sq Ft
$1,342/Sq Ft Est. Value

Last Sold June 29, 2023

Last sale price $4,508,888 $1,174 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $31,960/month

6 Days on Market

Highlights

  • Quartz Countertops
  • Open to Family Room
  • Tile Flooring
  • Montclaire Elementary School Rated A
  • 2 Car Attached Garage
  • Kitchen Island

About This Home

As of June 2023

Luxury and convenience come together in this stunning single-family home located in Los Altos. With high ceilings in the living and dining areas, an open chef's kitchen with stainless-steel appliances, and a cozy fireplace in the living room, this home is perfect for entertaining guests or relaxing with family. The family room opens up to the spacious backyard, providing endless opportunities for outdoor entertainment and relaxation. With four generously sized bedrooms, including a large primary suite with a walk-in closet and luxury laminate flooring, and a huge backyard perfect for outdoor activities and gardening, this home offers something for everyone. Located in a highly desirable neighborhood close to shopping, restaurants, parks, and highly-rated Cupertino schools, don't miss out on the chance to make this home your own.

Last Agent to Sell the Property

Stilla Raissi

Coldwell Banker Realty License #01720940 Listed on: 05/25/2023

Coldwell Banker Realty

Last Buyer's Agent

Ripple Xiao

Maxreal License #02081654

Maxreal

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $55,463

Year Built

  • Built in 1952

Lot Details

  • 9,875 Sq Ft Lot
  • Zoning described as LA

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 3,842 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Dining Area
  • Electric Dryer Hookup

Kitchen

  • Open to Family Room
  • Kitchen Island
  • Quartz Countertops

Flooring

  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 318-24-027

Home Details

Home Type

Single Family

Est. Annual Taxes

$55,463

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 71
  • Listing Class: Residential
  • Structure Sq Ft: 3842
  • Year Built: 1952
  • Zoning Description: LA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Living Room
  • Dining Room: Dining Area
  • Kitchen: Countertop - Quartz, Island, Refrigerator
  • Living Sq Ft: 3842
  • Stories: 2
  • Laundry: Electricity Hookup (110V)
  • Flooring: Laminate, Tile, Vinyl / Linoleum
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Tile

Garage/Parking

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

Utilities

  • Cooling System: Central AC
  • Heating System: Central 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: 318-24-027
  • Lot Acres: 0.2267
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9875.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 9875.00

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
May 25, 2023
Closed on
Jun 20, 2023
Sold by
Fineland Llc
Bought by
Liu Yucheng and Lin Liyuan
Seller's Agent
Stilla Raissi
Coldwell Banker Realty
Buyer's Agent
Ripple Xiao
Maxreal
List Price
$4,045,000
Sold Price
$4,508,888
Premium/Discount to List
$463,888
11.47%
Views
26
Current Estimated Value
$5,156,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$647,437
Avg. Annual Appreciation
6.14%
Original Mortgage
$250,000
Interest Rate
6.57%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 20, 2022
Sold by
Song Jifu
Bought by
Fineland Llc

Purchase Details

Listed on
May 17, 2019
Closed on
Jun 13, 2019
Sold by
Smith Simeon Burke and Smith Toki Kenko
Bought by
Song Jifu
Seller's Agent
Steve Armstrong
Fireside Realty
Buyer's Agent
Bruce Yang
Keller Williams Palo Alto
List Price
$3,499,000
Sold Price
$3,000,000
Premium/Discount to List
-$499,000
-14.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.99%

Purchase Details

Closed on
Sep 13, 2004
Sold by
Smith Simeon Burke and Smith Toki Kenko
Bought by
Smith Simeon Burke and Smith Toki Kenko

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$608,000
Interest Rate
1.25%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Mar 23, 2001
Sold by
Smith Simeon Burke and Smith Toki Kenko
Bought by
Smith Simeon Burke and Smith Toki Kenko

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
7.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 20, 1999
Sold by
Smith Simeon B and Smith Toki K
Bought by
Smith Simeon Burke and Smith Toki Kenko
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
Liu Yucheng $4,509,000 First American Title
Fineland Llc -- First American Title
Fineland Llc -- --
Song Jifu $3,000,000 Chicago Title Company
Smith Simeon Burke -- Fidelity National Title
Smith Simeon Burke -- First American Title Co
Smith Simeon Burke -- First American Title Co
Smith Simeon Burke -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fineland Llc $250,000
Open Liu Yucheng $3,000,000
Previous Owner Smith Simeon Burke $608,000
Previous Owner Smith Simeon Burke $275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2023 06/29/23 Sold $4,508,888 +11.5% $1,174 / Sq Ft
05/31/2023 05/31/23 Pending -- -- --
05/25/2023 05/25/23 For Sale $4,045,000 +34.8% $1,053 / Sq Ft
06/14/2019 06/14/19 Sold $3,000,000 0.0% $781 / Sq Ft
06/11/2019 06/11/19 Price Changed $2,999,000 -14.3% $781 / Sq Ft
05/30/2019 05/30/19 For Sale $3,499,000 +16.6% $911 / Sq Ft
05/20/2019 05/20/19 Off Market $3,000,000 -- --
05/17/2019 05/17/19 For Sale $3,499,000 -- $911 / 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 $55,463 $4,707,046 $4,161,600 $545,446
2024 $55,463 $4,599,065 $4,080,000 $519,065
2023 $57,351 $4,800,000 $3,700,000 $1,100,000
2022 $38,163 $3,153,534 $2,680,504 $473,030
2021 $37,790 $3,091,701 $2,627,946 $463,755
2020 $37,254 $3,060,000 $2,601,000 $459,000
2019 $6,732 $479,631 $181,759 $297,872
2018 $6,499 $470,228 $178,196 $292,032
2017 $6,392 $461,008 $174,702 $286,306
2016 $6,329 $451,970 $171,277 $280,693
2015 $6,270 $445,182 $168,705 $276,477
2014 $6,316 $436,463 $165,401 $271,062
Source: Public Records

Agents Affiliated with this Home

  • Stilla Raissi

    Seller's Agent in 2023

    Stilla Raissi

    Coldwell Banker Realty

    (408) 316-8899

    1 in this area

    77 Total Sales

    Stilla Raissi
    Section Image

  • R

    Buyer's Agent in 2023

    Ripple Xiao

    Maxreal

    Section Image

  • W

    Buyer Co-Listing Agent in 2023

    Wilson Tian

    Maxreal

    Section Image

  • S

    Seller's Agent in 2019

    Steve Armstrong

    Fireside Realty

    Section Image
  • Bruce Yang

    Buyer's Agent in 2019

    Bruce Yang

    Keller Williams Palo Alto

    (650) 988-6881

    26 Total Sales

    Bruce Yang
    Section Image
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Map

Source: MLSListings

MLS Number: ML81928856

MLSListings

APN: 318-24-027

California Santa Clara County Los Altos 94024 South Los Altos

1987 Farndon Ave, Los Altos, CA

This home is located at 1987 Farndon Ave, Los Altos, CA 94024 since 25 May 2023 and is currently estimated at $5,156,325, approximately $1,342 per square foot. This property was built in 1952. 1987 Farndon Ave 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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