NOT LISTED FOR SALE

245 Pine Ln Los Altos, CA 94022

Estimated Value: $4,680,325 - $5,578,000

3 Beds
3 Baths
2,208 Sq Ft
$2,236/Sq Ft Est. Value

Last Sold September 18, 2015

Last sale price $3,215,000 $1,456 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $28,517/month

9 Days on Market

Highlights

  • Wine Cellar
  • Secluded Lot
  • Wood Flooring
  • Santa Rita Elementary School Rated A
  • Vaulted Ceiling
  • Garden View

About This Home

As of September 2015

A tranquil retreat.This stunning, extensively remodelled home offers a prime location near the Village in N. Los Altos. An open-concept dining room leads to the spacious light-filled great room w vaulted ceiling.The gourmet kitchen is a chef's paradise.Beautiful custom cabinetry matched w expansive granite counter-tops lends elegance to this large inviting practical kitchen, pantry, wine cooler. Offers taken Wednesday afternoon, September 2, 2015. Contact your agent to schedule an offer presentation.

Last Agent to Sell the Property

Jon Anderson

Keller Williams Palo Alto License #01367689 Listed on: 08/25/2015

Last Buyer's Agent

Billy McNair

Coldwell Banker Realty License #01343603

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,119

Year Built

  • Built in 1957

Lot Details

  • 0.31 Acre Lot
  • Wood Fence
  • Secluded Lot
  • Paved or Partially Paved Lot
  • Sprinklers on Timer
  • Mostly Level
  • Drought Tolerant Landscaping
  • Grass Covered Lot
  • Back Yard Fenced
  • Zoning described as R1

Parking

  • 2 Car Attached Garage
  • Secured Garage or Parking

Home Design

  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Ceiling Insulation
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,208 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Vaulted Ceiling
  • Skylights in Kitchen
  • Gas Fireplace
  • Double Pane Windows
  • Formal Entry
  • Wine Cellar
  • Great Room
  • Dining Area
  • Den
  • Storage Room
  • Garden Views
  • Crawl Space
  • Security Lights

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Double Oven
  • Gas Cooktop
  • Range Hood
  • Warming Drawer
  • Microwave
  • Ice Maker
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile
  • Travertine

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • 3 Full Bathrooms
  • Marble Bathroom Countertops
  • Granite Bathroom Countertops
  • Dual Sinks
  • Dual Flush Toilets
  • Low Flow Toliet
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower
  • Low Flow Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Thermostat
  • Separate Meters
  • Individual Gas Meter
  • Sewer Within 50 Feet
  • Cable TV Available

Additional Features

  • ENERGY STAR/CFL/LED Lights
  • Balcony

Listing and Financial Details

  • Assessor Parcel Number 167-24-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,119

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch
  • Age: 58
  • Listing Class: Residential
  • Structure Sq Ft: 2208
  • Incorporated: Yes
  • Year Built: 1957
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Gas Burning
  • Dining Room: Breakfast Bar, Dining Area, Eat in Kitchen, Skylight
  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Exhaust Fan, Hood Over Range, Hookups - Gas, Ice Maker, Island with Sink, Microwave, Oven - Double, Pantry Cabinet, Refrigerator, Skylight, Warming Drawer
  • Living Sq Ft: 2208
  • Stories: 1
  • Security: Secured Garage / Parking, Security Lights
  • Laundry: Dryer, Hookup - Washer/Dryer, Washer
  • Flooring: Carpet, Hardwood, Tile, Travertine
  • Additional Rooms: Den / Study / Office, Formal Entry, Great Room, Laundry Room, Office Area, Storage, Wine Cellar / Storage
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Dual Flush Toilet, Granite, Marble, Shower and Tub, Stall Shower, Tile, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab, Crawl Space, Post and Pier
  • Roof: Composition, Shingle
  • View: Garden / Greenbelt
  • Yard/Grounds: Back Yard, Balcony / Patio, Drought Tolerant Plants, Low Maintenance, Sprinklers - Auto
  • Fencing: Fenced Back, Wood
  • Construction Type: Wood Frame

Garage/Parking

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

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public, Sewer Available, Sewer in Street

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Open Beam Ceiling, Skylight, Vaulted Ceiling, Walk-in Closet

Schools

  • School District: Mountain View-Los Altos Union High
  • Elementary School: Santa Rita Elementary
  • Middle School: Ardis G. Egan Intermediate
  • High School: Los Altos High
  • High School: 265
  • Elementary School: 136
  • Middle School: 133

Lot Info

  • Lot Description: Grade - Mostly Level, Paved, Private / Secluded
  • Parcel Number: 167-24-010
  • Lot Acres: 0.3120
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 13569.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 13569.00
  • Soil: Unknown

Green Features

  • Energy Features: Ceiling Insulation, Double Pane Windows, Energy Star Appliances, Energy Star Lighting, Low Flow Shower, Low Flow Toilet, Skylight, Thermostat Controller

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Second Unit Description: Back yard shed

MLS Schools

  • High School District Text: Mountain View-Los Altos Union High
  • Elementary School Text: Santa Rita Elementary
  • High School Text: Los Altos High
  • Middle School Text: Ardis G. Egan Intermediate

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2015
Closed on
Sep 15, 2015
Sold by
Knowles James D and Paulino Knowles Liza
Bought by
Scherer Family Trust and Scherer Maureen S
Seller's Agent
Jon Anderson
Keller Williams Palo Alto
Buyer's Agent
Billy McNair
Coldwell Banker Realty
List Price
$2,688,000
Sold Price
$3,215,000
Premium/Discount to List
$527,000
19.61%
Current Estimated Value
$4,936,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,721,831
Avg. Annual Appreciation
4.43%

Purchase Details

Closed on
Dec 21, 2011
Sold by
Knowles James D and Paulino Knowles Liza
Bought by
Knowles James D and Paulino Knowles Liza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,221,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 2004
Sold by
Dorney Maureen S
Bought by
Knowles James D and Knowles Lisa Paulino

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 2, 2003
Sold by
Dorney Daphne T
Bought by
Dorney Maureen S
Source: Public Records

Range of Values:

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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
Scherer Family Trust $3,215,000 First American Title Company
Knowles James D -- None Available
Knowles James D $1,375,000 Old Republic Title Company
Dorney Maureen S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Knowles James D $1,000,000
Closed Knowles James D $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2015 09/18/15 Sold $3,215,000 +19.6% $1,456 / Sq Ft
09/04/2015 09/04/15 Pending -- -- --
08/25/2015 08/25/15 For Sale $2,688,000 -- $1,217 / 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 $28,119 $2,461,312 $1,567,718 $893,594
2024 $28,119 $2,413,052 $1,536,979 $876,073
2023 $27,782 $2,365,739 $1,506,843 $858,896
2022 $27,472 $2,319,353 $1,477,298 $842,055
2021 $27,644 $2,273,877 $1,448,332 $825,545
2020 $27,859 $2,250,563 $1,433,482 $817,081
2019 $26,473 $2,206,435 $1,405,375 $801,060
2018 $26,197 $2,163,172 $1,377,819 $785,353
2017 $26,056 $2,120,757 $1,350,803 $769,954
2016 $38,613 $3,215,000 $2,900,000 $315,000
2015 $21,146 $1,705,917 $1,537,906 $168,011
2014 $20,810 $1,672,501 $1,507,781 $164,720
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81501655

MLSListings

APN: 167-24-010