NOT LISTED FOR SALE

23270 Mora Heights Way Los Altos, CA 94024

Estimated Value: $7,650,000 - $8,954,525

6 Beds
8 Baths
6,862 Sq Ft
$1,233/Sq Ft Est. Value

Last Sold March 23, 2015

Last sale price $4,870,000 $710 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $54,368/month

115 Days on Market

Highlights

  • Wine Cellar
  • Cabana
  • Primary Bedroom Suite
  • Loyola Elementary School Rated A+
  • Bay View
  • Craftsman Architecture

About This Home

As of March 2015

Luxury Los Altos Hills Estate. Like New - Never Occupied. Private gated cobblestone entry, two master suites perfect for multi-generational living, Sub Zero/Viking appliances, two laundry rooms, cabana with full bath, multiple water features, over 4600 sqft of decks and patios, wine cellar and separate 100-bottle cooler, newly landscaped. Investment bank-owned home cleared for immediate closing.

Last Listed By

Paul Basmajian

Black Square Real Estate Inc License #01525519 Listed on: 10/22/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $83,889

Year Built

  • Built in 2005

Lot Details

  • Fenced
  • Sprinklers on Timer
  • Drought Tolerant Landscaping
  • Zoning described as R1E-1

Property Views

  • Bay
  • City Lights
  • Valley

Home Design

  • Craftsman Architecture
  • Traditional Architecture
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 6,862 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Double Pane Windows
  • Formal Entry
  • Wine Cellar
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Utility Room
  • Gas Dryer Hookup
  • Fire Sprinkler System
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Self-Cleaning Oven
  • Microwave
  • Trash Compactor
  • Disposal

Flooring

  • Tile
  • Slate Flooring

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Walk-in Shower

Parking

  • Garage
  • Garage Door Opener
  • Guest Parking

Outdoor Features

  • Cabana
  • Deck

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Wood Insert Heater
  • Heating System Uses Gas
  • 220 Volts
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 331-14-024

Home Details

Home Type

Single Family

Est. Annual Taxes

$83,889

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Style: Traditional, Craftsman
  • Age: 9
  • Level Street Main: 2 or more Primary Suites, Bedroom(s)
  • Listing Class: Residential
  • Structure Sq Ft: 6862
  • Map Book Page: 831
  • Map Side Coordinate: 5
  • Map Top Coordinate: F
  • Thomas Bros Page: 831
  • Thomas Brothers: F5
  • Year Built: 2005
  • Zoning Description: R1E-1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room, Kitchen / Family Room Combo
  • Fireplace: Family Room, Living Room, Primary Bedroom, Insert, Yes
  • Dining Room: Formal Dining Room, Dining Area in Family Room, Breakfast Nook, Breakfast Bar, Eat in Kitchen
  • Kitchen: Pantry, Cooktop, Garbage Disposal, Dishwashers - 2+, Microwave, Ovens - 2+, Oven - Self Cleaning, Trash Compactor, Refrigerators - 2+, Oven - Built-In, 220 Volt Outlet, Hookups - Gas
  • Living Sq Ft: 6862
  • Stories: 2
  • Security: Fire System - Sprinkler
  • Bedrooms: Primary Suite / Retreate - 2+, Ground Floor Bedroom
  • Laundry: In Laundry Room, Gas Hookup, 220 Volt Outlet
  • Flooring: Hardwood - Partial, Slate, Tile, Carpet - Wall to Wall
  • Additional Rooms: Utility Room, Den / Study / Office, Formal Entry, Basement - Partial, Attic, Wine Cellar / Storage, Storage
  • Maximum Bathrooms: 7
  • Maximum Numberof Bedrooms: 6
  • Minimum Bathrooms: 7
  • Minimum Numberof Bedrooms: 6
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Bathroom: Showers over Tubs - 2+, Tubs - 2+, Stall Shower - 2+, Tub in Primary Bedroom, Tub with Jets

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Pool Description: Cabana / Dressing Room, Pool - No
  • Roof: Composition
  • View: Bay, Valley, City Lights
  • Yard/Grounds: Patio(s), Patio(s)/Deck(s) - Covered, Sprinkler(s) - Front, Sprinkler(s) - Rear, Sprinklers - Auto, Drought Tolerant Plants, Deck, Fenced
  • Exterior: Wood, Stone, Stucco

Garage/Parking

  • Garage Min: 3
  • Garage Parking Features: Attached Garage, Gate / Door Opener, Guest / Visitor Parking

Utilities

  • Cooling System: Central AC
  • Heating System: Heating - 2+ Zones, Forced Air, Gas
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Double Pane Windows(s), Wet Bar, Built-in Vacuum

Schools

  • School District: Mountain View-Los Altos Union High

Lot Info

  • Parcel Number: 331-14-024
  • Lot Location: Cul-de-Sac
  • List Price per Sq Ft: 779.66
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 45433.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 45433.00
  • Lot Size Area Min Search: 45433.00
  • Maximum Lot Size: 45433.00
  • Map Book: Thomas Bros

Green Features

  • Energy Features: Double Pane Windows, Ceiling Fan(s)

Multi Family

  • Maximum Building Height: 2
  • Minimum Building Height: 2

MLS Schools

  • High School District Text: Mountain View-Los Altos Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 14, 2023
Sold by
Mortazavi Mohammad A and Mortazavi Mahnaz
Bought by
Xu Zhe and Liu Pin
Total Days on Market
115
Current Estimated Value
$8,464,175

Purchase Details

Listed on
Oct 22, 2014
Closed on
Mar 23, 2015
Sold by
Fcof Ust Reo Llc
Bought by
Mortazavi Mohammad A and Foroutan Mahnaz
Seller's Agent
Paul Basmajian
Black Square Real Estate Inc
Buyer's Agent
Paymon Ghafouri
Paymon Real Estate Group
List Price
$5,350,000
Sold Price
$4,870,000
Premium/Discount to List
-$480,000
-8.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.57%
Original Mortgage
$2,000,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 18, 2014
Sold by
Cathay Bank
Bought by
Fcof Ust Reo Llc

Purchase Details

Closed on
Nov 13, 2008
Sold by
Chu Benson W
Bought by
Cathay Bank

Purchase Details

Closed on
Jul 17, 2006
Sold by
Coyote Eight Hill Llc
Bought by
Chu Benson W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,950,000
Interest Rate
6.57%
Mortgage Type
Balloon

Purchase Details

Closed on
Jul 5, 2006
Sold by
Chu Benson W
Bought by
Coyote Eight Hills Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,950,000
Interest Rate
6.57%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 27, 2006
Sold by
Husher John D and Husher Margaret A
Bought by
Truong Phi H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,950,000
Interest Rate
6.57%
Mortgage Type
Balloon

Purchase Details

Closed on
Jan 23, 2006
Sold by
Husher John D and Husher Margaret A
Bought by
Husher John D and Husher Margaret A

Purchase Details

Closed on
Apr 4, 2005
Sold by
Husher John D and Husher Margaret A
Bought by
Husher John D and Husher Margaret A

Purchase Details

Closed on
Jan 11, 2005
Sold by
Forrest Richard A and Husher John D
Bought by
Forrest Richard A and Forrest Liza Huang

Purchase Details

Closed on
Mar 22, 2004
Sold by
Husher John D and Husher Margaret A
Bought by
Husher John D and Husher Margaret A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$988,000
Interest Rate
4%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 18, 2002
Sold by
Forrest Richard
Bought by
Husher John D and Husher Margaret A

Purchase Details

Closed on
Jun 26, 2001
Sold by
Forrest Liza Huang
Bought by
Forrest Richard A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$942,500
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 10, 2001
Sold by
Choate Joseph
Bought by
Forrest Richard A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$942,500
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 19, 2000
Sold by
Anderson Ruth C Trustee
Bought by
Anderson Ruth C

Purchase Details

Closed on
Dec 13, 1994
Sold by
Anderson Ruth C
Bought by
Anderson Ruth C

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
Xu Zhe $7,000,000 Old Republic Title
Mortazavi Mohammad A $4,870,000 First American Title Company
Fcof Ust Reo Llc -- None Available
Cathay Bank $1,000,000 North American Title Company
Chu Benson W $5,750,000 Stewart Title Of Ca Inc
Coyote Eight Hills Llc -- None Available
Truong Phi H $5,750,000 Alliance Title Company
Chu Benson W $5,750,000 Stewart Title Of Ca Inc
Husher John D $3,500,000 None Available
Husher John D -- Financial Title Company
Forrest Richard A -- --
Husher John D -- --
Husher John D $105,000 --
Forrest Richard A -- Stewart Title
Forrest Richard A $1,450,000 Stewart Title
Anderson Ruth C -- --
Anderson Ruth C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mortazavi Mphammad A $1,802,111
Previous Owner Mortazavi Mohammad A $2,000,000
Previous Owner Chu Benson W $2,950,000
Previous Owner Chu Benson W $3,000,000
Previous Owner Truong Phi H $3,150,000
Previous Owner Forrest Richard A $988,000
Previous Owner Husher John D $988,000
Previous Owner Forest Richard A $1,000,000
Previous Owner Forrest Richard A $942,500
Closed Forrest Richard A $143,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2015 03/23/15 Sold $4,870,000 -9.0% $710 / Sq Ft
02/14/2015 02/14/15 Pending -- -- --
10/22/2014 10/22/14 For Sale $5,350,000 -- $780 / 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 $83,889 $7,140,000 $4,590,000 $2,550,000
2023 $67,461 $5,661,421 $2,853,293 $2,808,128
2022 $66,841 $5,550,414 $2,797,347 $2,753,067
2021 $67,123 $5,441,584 $2,742,498 $2,699,086
2020 $67,665 $5,385,789 $2,714,378 $2,671,411
2019 $64,377 $5,280,186 $2,661,155 $2,619,031
2018 $63,616 $5,176,654 $2,608,976 $2,567,678
2017 $60,774 $5,043,152 $2,557,820 $2,485,332
2016 $59,358 $4,944,267 $2,507,667 $2,436,600
2015 $59,651 $5,000,000 $2,300,000 $2,700,000
2014 $52,377 $4,359,562 $2,626,243 $1,733,319
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81438032

MLSListings

APN: 331-14-024