NOT LISTED FOR SALE

24603 Olive Tree Ln Los Altos Hills, CA 94024

Loyola Neighborhood

Estimated Value: $3,911,000 - $4,842,000

3 Beds
2 Baths
2,650 Sq Ft
$1,666/Sq Ft Est. Value

Last Sold November 19, 2021

Last sale price $3,170,000 $1,196 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $27,901/month

12 Days on Market

Highlights

  • Bay View
  • 1.2 Acre Lot
  • Modern Architecture
  • Loyola Elementary School Rated A+
  • Soaking Tub in Primary Bathroom
  • Great Room

About This Home

As of November 2021

Live in this peaceful, modern home. Featuring panoramic views of the San Francisco Bay and ultimate privacy it provides a welcome escape from the pressures of Silicon Valley. The open-concept floor plan with vaulted pine ceilings, stone accents, and views from nearly every room, pays homage to the natural setting. The common living area is integrated with an expansive tile floor creating a great room perfect for entertaining and a relaxed flow. The room's acoustics are ideal for live performances or streamed music alike. The stone-accented gas fireplace rises the full height of one tall wall to provide a dramatic effect. Located in prestigious Los Altos Hills, consistently rated one of the top ten affluent zip codes in the United States with excellent public and private school options.

Last Agent to Sell the Property

Connie Miller

Compass License #01275848 Listed on: 10/05/2021

Compass

Last Buyer's Agent

Todd Zebb

Golden Gate Sotheby's International Realty License #01324423

Golden Gate Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $38,502

Year Built

  • 1981

Lot Details

  • 1.2 Acre Lot
  • Kennel or Dog Run
  • Partially Fenced Property
  • Hillside Location
  • Grass Covered Lot

Parking

  • 2 Car Detached Garage
  • Electric Vehicle Home Charger
  • Garage Door Opener
  • On-Street Parking

Property Views

  • Bay
  • City Lights
  • Mountain
  • Hills

Home Design

  • Modern Architecture
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,650 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Skylights in Kitchen
  • Fireplace With Gas Starter
  • Double Pane Windows
  • Formal Entry
  • Great Room
  • Separate Family Room
  • Living Room with Fireplace
  • Dining Area
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Tile Countertops
  • Trash Compactor
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bidet
  • Dual Sinks
  • Soaking Tub in Primary Bathroom
  • Bathtub with Shower
  • Oversized Bathtub in Primary Bathroom
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Thermostat
  • Master Meter
  • Tankless Water Heater
  • Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$38,502

Year Built

1981

Lot Details

0

Parking

2

Listing Details

  • Zoning: RA
  • Subclass: Single Family Home
  • Style: Modern / High Tech
  • Age: 40
  • Listing Class: Residential
  • Structure Sq Ft: 2650
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1981

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Starter, Living Room
  • Dining Room: Dining Area, Eat In Kitchen
  • Kitchen: Cooktop - Gas, Countertop - Tile, Dishwasher, Garbage Disposal, Island, Microwave, Oven - Built-In, Refrigerator, Skylight, Trash Compactor
  • Fireplace: Yes
  • Living Sq Ft: 2650
  • Stories: 2
  • Bedrooms: Walk-In Closet
  • Laundry: Dryer, In Utility Room, Inside, Washer / Dryer
  • Flooring: Carpet, Tile
  • Additional Rooms: Formal Entry, Great Room, Laundry Room
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Bidet, Double Sinks, Oversized Tub, Primary - Oversized Tub, Shower Over Tub - 1, Stall Shower

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space, Pillars / Posts / Piers
  • Roof: Concrete
  • View: Bay, City Lights, Hills, Mountains
  • Yard/Grounds: Balcony / Patio, Dog Run / Kennel, Low Maintenance
  • Fencing: Partial Fencing
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 3
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Detached Garage, Electric Car Hookup, Gate / Door Opener, On Street, Parking Area

Utilities

  • Heating System: Forced Air, Gas
  • Sewer/Septic System: Existing Septic, Septic Standard

Association/Amenities

  • Amenities Miscellaneous: Open Beam Ceiling, Skylight, Walk-In Closet

Schools

  • School District: Mountain View-Los Altos Union High
  • Elementary School: Loyola Elementary
  • Middle School: Georgina P. Blach Intermediate
  • High School: Mountain View High
  • High School: 266
  • Elementary School: 134
  • Middle School: 129

Lot Info

  • Lot Description: Grade - Hillside, Views
  • Lot Acres: 1.1966
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 52122.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 52122.00

Green Features

  • Energy Features: Double Pane Windows, Tankless Water Heater, Thermostat Controller

Multi Family

  • Utilities: Master Meter, Natural Gas, Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2021
Closed on
Nov 4, 2021
Sold by
Davis Thomas R and Bush Ellyn C
Bought by
Achuthan Ganesh and Balasubramanian Jayashree
Seller's Agent
Connie Miller
Compass
Buyer's Agent
Todd Zebb
Golden Gate Sotheby's International Realty
List Price
$2,988,000
Sold Price
$3,170,000
Premium/Discount to List
$182,000
6.09%
Total Days on Market
12
Current Estimated Value
$4,415,704

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,245,704
Avg. Annual Appreciation
9.79%
Original Mortgage
$2,000,000
Outstanding Balance
$1,813,527
Interest Rate
1.62%
Mortgage Type
New Conventional
Estimated Equity
$2,602,177

Purchase Details

Closed on
Sep 28, 2016
Sold by
Davis Thomas R and Bush Ellyn C
Bought by
Davis Thomas R and Bush Ellyn C
Source: Public Records

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Range of Values:

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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
Achuthan Ganesh $3,170,000 Old Republic Title Company
Davis Thomas R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Achuthan Ganesh $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2021 11/19/21 Sold $3,170,000 +6.1% $1,196 / Sq Ft
10/18/2021 10/18/21 Pending -- -- --
10/05/2021 10/05/21 For Sale $2,988,000 -- $1,128 / 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 $38,502 $3,298,067 $3,133,164 $164,903
2023 $38,000 $3,233,400 $3,071,730 $161,670
2022 $37,716 $3,170,000 $3,011,500 $158,500
2021 $15,422 $1,215,732 $618,918 $596,814
2020 $15,541 $1,203,267 $612,572 $590,695
2019 $14,808 $1,179,674 $600,561 $579,113
2018 $14,659 $1,156,544 $588,786 $567,758
2017 $14,115 $1,133,868 $577,242 $556,626
2016 $13,771 $1,111,636 $565,924 $545,712
2015 $13,570 $1,094,939 $557,424 $537,515
2014 $13,422 $1,073,491 $546,505 $526,986
Source: Public Records

Agents Affiliated with this Home

  • Connie Miller

    Seller's Agent in 2021

    Connie Miller

    Compass

    (650) 279-7074

    2 in this area

    47 Total Sales

    Connie Miller
    Section Image
  • Todd Zebb

    Buyer's Agent in 2021

    Todd Zebb

    Golden Gate Sotheby's International Realty

    (650) 823-3292

    1 in this area

    20 Total Sales

    Todd Zebb
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81865550

MLSListings

APN: 336-35-014

California Santa Clara County Los Altos Hills 94024 Loyola

24603 Olive Tree Ln, Los Altos Hills, CA

This home is located at 24603 Olive Tree Ln, Los Altos Hills, CA 94024 since 05 October 2021 and is currently estimated at $4,415,704, approximately $1,666 per square foot. This property was built in 1981. 24603 Olive Tree Ln is a home located in Santa Clara County with nearby schools including Loyola Elementary School, Georgina P. Blach Junior High School, and Mountain View High School.

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