24612 Olive Tree Ln Los Altos Hills, CA 94024
Loyola NeighborhoodEstimated Value: $3,977,989 - $5,214,000
3
Beds
2.5
Baths
2,385
Sq Ft
$1,862/Sq Ft
Est. Value
Highlights
- 1.59 Acre Lot
- Mountain View
- Marble Flooring
- Loyola Elementary School Rated A+
- Deck
- Cottage
About This Home
As of August 2021Gracefully tucked away in picture-perfect privacy at the end of a private lane. Nestled in the coveted Los Altos Hills, this spectacular & spacious home sits on a breath-taking strategic location at the quiet outskirts of Los Altos Hills with no homes in sight, only serene privacy. The masterpiece offers panoramic views at every turn. All enhanced by vast decks on both levels with optimum views. Positioned on the upper level of the home, you will find two bedrooms, including a spacious Master Suite with a sophisticated full bath. Infused with natural light, the open floor plan offers a welcoming living room with a fireplace, formal dining area that leads out to a beautiful deck. The lower level consists of 2 BR / 1 BA which could be used for many purposes. Great for entertainment. A close-in location just minutes to the downtown Los Altos & Highway 280, as well as access to excellent Los Altos schools. This attractive and character-filled home is ready to create new memories!
Last Agent to Sell the Property
Farzad Bonakdar
Keller Williams Palo Alto License #02021125 Listed on: 07/11/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $38,480
Year Built
- 1966
Lot Details
- 1.59 Acre Lot
- Level Lot
Parking
- 2 Car Garage
- Carport
- Guest Parking
Property Views
- Mountain
- Valley
Home Design
- Cottage
- Tar and Gravel Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,385 Sq Ft Home
- 2-Story Property
- Fireplace With Gas Starter
- Separate Family Room
- Breakfast Room
- Formal Dining Room
- Laundry in unit
Kitchen
- Eat-In Kitchen
- Built-In Oven
- Dishwasher
- Disposal
Flooring
- Wood
- Stone
- Marble
Bedrooms and Bathrooms
- 3 Bedrooms
- Bathtub with Shower
- Walk-in Shower
Eco-Friendly Details
- Energy-Efficient Insulation
Outdoor Features
- Balcony
- Deck
Utilities
- Forced Air Heating System
- 220 Volts
- Septic Tank
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 11, 2021
Closed on
Aug 24, 2021
Sold by
Darvishzadeh Mahmoud and Akhlaghi Shirin
Bought by
Kulkarni Digvijay and Kulkarni Akshata
Seller's Agent
Farzad Bonakdar
Keller Williams Palo Alto
Buyer's Agent
Edward Tseng
Keller Williams Thrive
List Price
$3,500,000
Sold Price
$3,168,000
Premium/Discount to List
-$332,000
-9.49%
Total Days on Market
17
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,271,997
Avg. Annual Appreciation
7.92%
Original Mortgage
$217,600
Outstanding Balance
$197,071
Interest Rate
1.87%
Mortgage Type
New Conventional
Estimated Equity
$4,032,022
Purchase Details
Closed on
Mar 5, 2007
Sold by
Carter Hylkia J
Bought by
Darvishzadeh Mahmoud and Aklaghi Shirin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,245,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 23, 2002
Sold by
Carter Hylkia J
Bought by
Carter Hylkia J
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kulkarni Digvijay | $3,168,000 | North American Title Co Inc | |
| Darvishzadeh Mahmoud | $1,660,000 | Fidelity National Title Co | |
| Carter Hylkia J | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kulkarni Digvijay | $217,600 | |
| Previous Owner | Darvishzadeh Mahmoud | $1,245,000 | |
| Previous Owner | Carter Hylkia J | $500,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/27/2021 08/27/21 | Sold | $3,168,000 | -1.0% | $1,328 / Sq Ft |
| 07/28/2021 07/28/21 | Pending | -- | -- | -- |
| 07/22/2021 07/22/21 | Price Changed | $3,198,888 | -8.6% | $1,341 / Sq Ft |
| 07/11/2021 07/11/21 | For Sale | $3,500,000 | -- | $1,468 / Sq Ft |
Source: MLSListings
Tax History Compared to Growth
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 | $38,480 | $3,295,987 | $2,913,120 | $382,867 |
| 2023 | $37,979 | $3,231,360 | $2,856,000 | $375,360 |
| 2022 | $37,679 | $3,168,000 | $2,800,000 | $368,000 |
| 2021 | $25,396 | $2,054,672 | $1,856,636 | $198,036 |
| 2020 | $25,598 | $2,033,605 | $1,837,599 | $196,006 |
| 2019 | $24,358 | $1,993,731 | $1,801,568 | $192,163 |
| 2018 | $24,097 | $1,954,640 | $1,766,244 | $188,396 |
| 2017 | $22,180 | $1,830,000 | $1,730,000 | $100,000 |
| 2016 | $19,642 | $1,620,000 | $1,570,000 | $50,000 |
| 2015 | $19,631 | $1,620,000 | $1,570,000 | $50,000 |
| 2014 | $18,385 | $1,500,000 | $1,450,000 | $50,000 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2021
Farzad Bonakdar
Keller Williams Palo Alto
(650) 338-6560
1 in this area
39 Total Sales
-
Edward Tseng
Buyer's Agent in 2021
Edward Tseng
Keller Williams Thrive
(408) 887-4128
1 in this area
41 Total Sales
Map
Source: MLSListings
MLS Number: ML81852656
APN: 336-35-037
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