NOT LISTED FOR SALE

26890 Alejandro Dr Los Altos Hills, CA 94022

Estimated Value: $7,816,000 - $9,135,065

1.36 Acres
$6,061,844 Price per Acre
59,416 Sq Ft Lot

Last Sold August 20, 2014

Last sale price $2,200,000 $643 Per Sq Ft

Est. 276% increase in value since last sale

Current estimated payment $49,456/month

71 Days on Market

Highlights

  • Bay View
  • Lucille M. Nixon Elementary School Rated A+
  • Wood Fence

About This Lot

As of August 2014

*Fabulous building opportunity!*Private, secluded lot of approximately 1.4 acres with spectacular views of the San Francisco Bay*MFA = 5000sf & MDA = 7500sf*Located just minutes from the Los Altos Village and Highway 280, yet sheltered from any noise*Magnificent array of Pine trees, Oaks, and mature fruit trees*Convenient to Palo Alto Schools: Nixon Elementary, Terman Middle, & Gunn High School*

Last Agent to Sell the Property

Jim & Jimmy Nappo

Compass License #70000193 Listed on: 05/27/2014

Last Buyer's Agent

Tim Anderson

Compass License #00645929

Compass

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $65,355

Lot Details

Property Views

  • Bay
  • City Lights
  • Mountain

Utilities

  • No Utilities
  • Gas Available

Additional Features

  • Wood Fence
  • Horses Potentially Allowed on Property

Property Details

Property Type

Land

Est. Annual Taxes

$65,355

Lot Details

0

Listing Details

  • Zoning: R1
  • Subclass: Residential Lot
  • Inspections Reports: Flood Zone, Fault Zone
  • Listing Class: Residential Lots & Land
  • Present Use: Vacant
  • Development Status: Topographical Map Available
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Bay, Mountains, City Lights
  • Horse Property: Possible
  • Fencing: Wood

Condo/Co-op/Association

  • HOA Documents: Cc&rs

Schools

  • School District: Palo Alto Unified
  • Elementary School: Lucille M. Nixon Elementary
  • Middle School: Terman Middle
  • High School: Henry M. Gunn High
  • High School: 325
  • Elementary School: 318
  • Middle School: 323

Lot Info

  • Lot Number: 27
  • Lot Location: Cul-De-Sac
  • Lot Size Area Minimum Units: Acres
  • Minimum Lot Size: 1.34
  • Lot Size Area Maximum Units: Acres
  • Lot Size Area Max Search: 58370.40
  • Lot Size Area Min Search: 58370.40
  • Maximum Lot Size: 1.34
  • Parcel Access: Private Road - Maint. Access

Rental Info

  • Lease Amount: 2295000

Multi Family

  • Utilities: None / No Utilities, Gas - On Site
  • Number Of Buildings: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 19, 2016
Sold by
Singh Gurjeet
Bought by
Singh Gurjeet and Sarangi Ritimukta
Current Estimated Value
$8,268,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,992,999
Outstanding Balance
$1,537,990
Interest Rate
2.5%
Mortgage Type
Construction
Estimated Equity
$6,730,365

Purchase Details

Listed on
May 27, 2014
Closed on
Aug 6, 2014
Sold by
Mcclannan Quinton B and Mcclannan Suzanne
Bought by
Singh Gurjeet
Seller's Agent
Jim & Jimmy Nappo
Compass
Buyer's Agent
Tim Anderson
Compass
List Price
$2,495,000
Sold Price
$2,200,000
Premium/Discount to List
-$295,000
-11.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.66%

Purchase Details

Closed on
Jan 27, 1998
Sold by
Mcclannan Quinton B
Bought by
Mcclannan Quinton B and Mcclannan Suzanne
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Singh Gurjeet -- Chicago Title Company
Singh Gurjeet $2,200,000 Old Republic Title Company
Mcclannan Quinton B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Singh Gurjeet $1,992,999
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/20/2014 08/20/14 Sold $2,200,000 -11.8% $643 / Sq Ft
08/06/2014 08/06/14 Pending -- -- --
05/27/2014 05/27/14 For Sale $2,495,000 -- $730 / 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 $65,355 $5,432,864 $2,644,068 $2,788,796
2024 $65,355 $5,326,338 $2,592,224 $2,734,114
2023 $64,457 $5,221,901 $2,541,397 $2,680,504
2022 $63,846 $5,119,512 $2,491,566 $2,627,946
2021 $62,527 $5,019,130 $2,442,712 $2,576,418
2020 $66,991 $5,455,225 $2,417,665 $3,037,560
2019 $66,220 $5,348,260 $2,370,260 $2,978,000
2018 $33,320 $2,610,785 $2,323,785 $287,000
2017 $29,378 $2,278,221 $2,278,221 $0
2016 $28,656 $2,233,550 $2,233,550 $0
2015 $27,951 $2,200,000 $2,200,000 $0
2014 $2,532 $78,948 $78,948 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81418422

MLSListings

APN: 175-44-064