NOT LISTED FOR SALE

Estimated Value: $1,279,000 - $2,071,000

4 Beds
3 Baths
2,772 Sq Ft
$566/Sq Ft Est. Value

Last Sold July 05, 2017

Last sale price $1,200,000 $433 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $9,913/month

6 Days on Market

Highlights

  • Automatic Gate
  • Open Floorplan
  • Wood Flooring
  • Minnie Gant Elementary School Rated A
  • Property is near a park
  • 5-minute walk to Whaley Park

About This Home

As of July 2017

RARE Los Altos DUPLEX on a DOUBLE CORNER LOT! Charming and move in ready, this lovely duplex is perfect for an owner occupant, multi-generational family, cash flow rental or to convert to a large single family. One of the biggest lots in Los Altos and (BUILDER ALERT!) one of the only lots zoned LBR4R with potential to subdivide into SIX TWO STORY TOWNHOMES! This prime location boasts a very high walkability score and is in one of LB’s most coveted school areas (walk to Minnie Gant!) and blocks from CSULB, restaurants, shops, parks, the library & the VA hospital. True "outside in" living awaits in these well laid out units with separate yards and beautiful gardens. The HUGE owner’s unit boasts many upgrades and has a good sized living room open to the kitchen; a great room with a fireplace, wet bar, tons of storage and sliding doors to a lanai; a fully remodeled kitchen with new high end stainless appliances, custom cabinets, marble counters and lots of cool extra features for storage and ease of cooking; two large bedrooms; hardwood floors; plantation shutters; recessed lighting. Patio doors open to the lovely private back garden. The vintage fabulous second unit has a large kitchen with a breakfast bar which is open to the dining room, an ample living room, two large bedrooms and bathrooms, period tile and patio doors leading to a secluded yard. Both units have inside laundry and there is a three car garage. This is an exceptional property with so many possibilities - HURRY!

Last Agent to Sell the Property

Lorri Quiett

Vylla Home, Inc. License #01371114 Listed on: 05/17/2017

Last Buyer's Agent

Kathleen Rodriguez

Dwell Nuvo Properties Inc License #01362739

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,207

Year Built

  • Built in 1951 | Remodeled

Lot Details

  • 9,350 Sq Ft Lot
  • No Common Walls
  • Security Fence
  • Brick Fence
  • Electric Fence
  • Landscaped
  • Corner Lot
  • Sprinkler System
  • Private Yard
  • Lawn
  • Garden
  • Back and Front Yard

Parking

  • 3 Car Direct Access Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Front Facing Garage
  • Two Garage Doors
  • Garage Door Opener
  • Driveway
  • Automatic Gate
  • Off-Street Parking
  • RV Potential

Home Design

  • Duplex
  • Turnkey
  • Raised Foundation
  • Shingle Roof
  • Composition Roof
  • Partial Copper Plumbing
  • Stucco

Interior Spaces

  • 2,772 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Ceiling Fan
  • Recessed Lighting
  • Wood Burning Fireplace
  • Raised Hearth
  • Gas Fireplace
  • Awning
  • Plantation Shutters
  • Wood Frame Window
  • Window Screens
  • Sliding Doors
  • Great Room with Fireplace
  • Living Room
  • Neighborhood Views
  • Carbon Monoxide Detectors

Kitchen

  • Convection Oven
  • Built-In Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Mirrored Closets Doors
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Accessible Home Design

  • Accessible Parking

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near a park
  • Property is near public transit

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating
  • Wall Furnace
  • Overhead Utilities
  • Natural Gas Connected
  • Tankless Water Heater
  • Satellite Dish

Listing and Financial Details

  • Tenant pays for electricity, telephone, trash collection
  • Tax Lot 19
  • Tax Tract Number 14788
  • Assessor Parcel Number 7225006001

Community Details

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $60
  • Gardener Expense $220
  • Insurance Expense $50
  • Water Sewer Expense $100
  • Net Operating Income $17,280

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,207

Year Built

Built in 1951 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained
  • Security: Automatic Gate, Carbon Monoxide Detector(s)
  • View: Yes
  • Water Sewer Expenses: 100.00
  • Zoning: LBR4R
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 220.00
  • Parcel Number: 7225006001
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Copper Plumbing Partial, Open Floorplan, Recessed Lighting, Wet Bar
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Vinyl, Wood
  • Accessibility Features: Parking
  • Appliances: Yes
  • Door Features: Mirror Closet Door(s), Sliding Doors
  • Fireplace Features: Gas, Wood Burning, Great Room, Raised Hearth
  • Price Per Square Foot: 432.90
  • Room Type: All Bedrooms Down, Kitchen, Laundry, Living Room
  • Window Features: Plantation Shutters, Screens, Wood Frames

Exterior Features

  • Foundation: Raised
  • Exterior Features: Awning(s), Lighting, Rain Gutters, Satellite Dish
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Brick, Electric, Security
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, Direct Garage Access, Garage Faces Front, Garage - Single Door, Garage - Two Door, Garage Door Opener, Gated, Private, RV Potential, Off Street
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Convection Oven, Dishwasher, Disposal, Microwave, Range Hood, Refrigerator, Tankless Water Heater, Water Heater
  • Electric: Electricity - On Property
  • Heating Type: Central, Wall Furnace, Fireplace(s)
  • Laundry Features: Common Area, In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Corner Lot, Front Yard, Garden, Landscaped, Lawn, Lot 6500-9999, Near Public Transit, Park Nearby, Sprinkler System, Utilities - Overhead, Walkstreet, Yard
  • Lot Size Sq Ft: 9350.00

Rental Info

  • Tenant Pays: Electricity, Telephone, Trash Collection

Multi Family

  • Electric Expense: 60.00
  • Gross Scheduled Income: 22800.00
  • Insurance Expense: 50.00
  • Net Operating Income: 17280.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Number Wall A C: 1
  • Number With Carpet: 1
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Drapes: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 5520.00
  • Rent Control: No
  • Total Actual Rent: 1690.00

Tax Info

  • Tax Census Tract: 5749.01
  • Tax Lot: 19
  • Tax Tract Number: 14788

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2017
Closed on
May 26, 2017
Sold by
Hayward Beverly
Bought by
Trine Dennis Merrill and Trine Mary Moerschbacher
Seller's Agent
Lorri Quiett
Vylla Home, Inc.
Buyer's Agent
Kathleen Rodriguez
Dwell Nuvo Properties Inc
List Price
$1,199,000
Sold Price
$1,200,000
Premium/Discount to List
$1,000
0.08%
Current Estimated Value
$1,568,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$368,204
Avg. Annual Appreciation
3.24%

Purchase Details

Closed on
Feb 19, 1998
Sold by
Dodson Debbie Meacham and Meacham Michael T
Bought by
Hayward Beverly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,000
Interest Rate
6.73%

Purchase Details

Closed on
Jan 14, 1994
Sold by
Hayward Beverly and Meacham Michael T
Bought by
Hayward Beverly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.21%
Source: Public Records

Range of Values:

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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
Trine Dennis Merrill $1,200,000 Ticor Title
Hayward Beverly -- North American Title Co
Hayward Beverly -- Southland Title
Meacham Michael T -- Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hayward Beverly $57,143
Previous Owner Hayward Beverly $154,087
Previous Owner Hayward Beverly $177,400
Previous Owner Hayward Beverly $186,000
Previous Owner Hayward Beverly $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2017 07/05/17 Sold $1,200,000 +0.1% $433 / Sq Ft
05/23/2017 05/23/17 Pending -- -- --
05/17/2017 05/17/17 For Sale $1,199,000 -- $433 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $17,207 $1,365,391 $910,261 $455,130
2024 $17,207 $1,338,619 $892,413 $446,206
2023 $16,924 $1,312,372 $874,915 $437,457
2022 $15,876 $1,286,640 $857,760 $428,880
2021 $15,569 $1,261,413 $840,942 $420,471
2019 $15,346 $1,224,000 $816,000 $408,000
2018 $14,924 $1,200,000 $800,000 $400,000
2016 $4,315 $346,928 $138,767 $208,161
2015 $4,147 $341,718 $136,683 $205,035
2014 $4,125 $335,025 $134,006 $201,019
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17108757

California Regional Multiple Listing Service (CRMLS)

APN: 7225-006-001