NOT LISTED FOR SALE

23281 Mora Heights Way Los Altos, CA 94024

Estimated Value: $2,934,000 - $5,447,000

4 Beds
2.5 Baths
3,190 Sq Ft
$1,492/Sq Ft Est. Value

Last Sold June 04, 2018

Last sale price $3,350,000 $1,050 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $30,315/month

37 Days on Market

Highlights

  • Bay View
  • Formal Dining Room
  • Bathtub with Shower
  • Loyola Elementary School Rated A+
  • Built-In Double Oven
  • Tile Countertops

About This Home

As of June 2018

As you enter the gated driveway on a cul-de-sac, this house sits on a very private site with amazing view of the bay and surrounding mountains. The 3,190 square foot property sits on a 1.64 acre parcel (per county) without any neighbors in sight. The home includes 4 bedrooms, 2.5 bathrooms, formal living room with cathedral ceiling and a fireplace, family room with a fireplace, formal dining room, eat-in kitchen, laundry room/mudroom and two car garage all on a single story. The second story has a very large recreation room with view of the bay great for entertaining. Large and well manicured front and backyard with gardens, waterfall and kids play area. Excellent Los Altos Schools and minutes from Highway 280 and Silicon Valley tech companies. This home has the location, the views, the privacy and the possibility to build an even more luxurious estate if desired--don't miss this incredible opportunity to own this one of a kind property.

Last Listed By

Lina Huang

Compass License #01954283 Listed on: 03/15/2018

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $44,107

Year Built

  • Built in 1961

Lot Details

  • 1.66 Acre Lot
  • Fenced
  • Zoning described as R1E-1

Parking

  • 2 Car Garage

Property Views

  • Bay
  • City Lights

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,190 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Separate Family Room
  • Formal Dining Room

Kitchen

  • Built-In Double Oven
  • Electric Oven
  • Dishwasher
  • Tile Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathtub with Shower

Utilities

  • Forced Air Heating System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 331-14-020

Home Details

Home Type

Single Family

Est. Annual Taxes

$44,107

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 57
  • Listing Class: Residential
  • Structure Sq Ft: 3190
  • Year Built: 1961
  • Zoning Description: R1E-1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Burning
  • Dining Room: Formal Dining Room
  • Kitchen: Countertop - Tile, Dishwasher, Oven - Double, Oven - Electric, Oven Range - Built-In, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 3190
  • Stories: 2
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Shower and Tub
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Composition
  • View: Bay, City Lights
  • Fencing: Fenced
  • Construction Type: Wood

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 8
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: Forced Air
  • Sewer/Septic System: Septic Standard

Schools

  • School District: Mountain View-Los Altos Union High

Lot Info

  • Parcel Number: 331-14-020
  • Lot Acres: 1.6597
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 72298.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 72298.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2018
Closed on
May 31, 2018
Sold by
Elevation Homes Investores Project Iv A
Bought by
Narasimhan Sathyanarayanan and Bangalore Lakshmi
Seller's Agent
Lina Huang
Compass
Buyer's Agent
Jen Beehler
EQ1
List Price
$3,600,000
Sold Price
$3,350,000
Premium/Discount to List
-$250,000
-6.94%
Total Days on Market
37
Current Estimated Value
$4,759,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,409,167
Avg. Annual Appreciation
5.15%
Original Mortgage
$2,680,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 1, 2017
Sold by
Elevation Homes Investors Project Iv
Bought by
Elevation Homes Investors Project Iv

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,700,000
Interest Rate
3.96%
Mortgage Type
Commercial

Purchase Details

Listed on
May 11, 2017
Closed on
May 23, 2017
Sold by
Nangia Manuj and Nangia Ambika
Bought by
Elevation Homes Investors Project Iv
Seller's Agent
David Troyer
Intero Real Estate Services
Buyer's Agent
Lina Huang
Compass
List Price
$2,498,000
Sold Price
$2,850,000
Premium/Discount to List
$352,000
14.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.63%

Purchase Details

Closed on
Feb 2, 2008
Sold by
Reginato Marion R
Bought by
Nangia Manuj and Nangia Ambika

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,330,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 9, 1995
Sold by
Radisich Anthony J
Bought by
Reginato Marion R

Purchase Details

Closed on
Jan 16, 1995
Sold by
Reginato Marion R
Bought by
Radisich Anthony J

Purchase Details

Closed on
Dec 29, 1994
Sold by
Boyer Toni K and Radisich Jack R
Bought by
Radisich Anthony J

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
Narasimhan Sathyanarayanan $3,350,000 Fidelity National Title
Elevation Homes Investors Project Iv -- Chicago Title Company
Elevation Homes Investors Project Iv $2,850,000 First American Title Company
Nangia Manuj -- Financial Title Company
Reginato Marion R -- --
Radisich Anthony J -- --
Radisich Anthony J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Narasimhan Sathyanarayanan $3,285,000
Closed Narasimhan Sathyanarayanan $2,680,000
Previous Owner Elevation Homes Investors Project Iv Llc $1,700,000
Previous Owner Nangia Manuj $1,293,000
Previous Owner Mangia Manuj $200,000
Previous Owner Nangia Manuj $1,330,000
Previous Owner Reginato Marion R $2,356,198
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2018 06/04/18 Sold $3,350,000 -6.9% $1,050 / Sq Ft
04/22/2018 04/22/18 Pending -- -- --
03/15/2018 03/15/18 For Sale $3,600,000 +26.3% $1,129 / Sq Ft
06/01/2017 06/01/17 Sold $2,850,000 +14.1% $893 / Sq Ft
05/18/2017 05/18/17 Pending -- -- --
05/11/2017 05/11/17 For Sale $2,498,000 -- $783 / 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 $44,107 $3,798,229 $3,346,555 $451,674
2023 $43,540 $3,723,755 $3,280,937 $442,818
2022 $43,195 $3,650,741 $3,216,605 $434,136
2021 $43,439 $3,579,159 $3,153,535 $425,624
2020 $43,795 $3,542,460 $3,121,200 $421,260
2019 $41,649 $3,473,000 $3,060,000 $413,000
2018 $35,365 $2,907,000 $2,325,600 $581,400
2017 $25,814 $2,150,363 $2,037,189 $113,174
2016 $25,202 $2,108,200 $1,997,245 $110,955
2015 $24,822 $2,076,534 $1,967,245 $109,289
2014 $24,541 $2,035,859 $1,928,710 $107,149
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81696438

MLSListings

APN: 331-14-020