NOT LISTED FOR SALE

27220 Ohlone Ln Los Altos Hills, CA 94022

Estimated Value: $8,483,000 - $8,911,163

5 Beds
5.5 Baths
4,802 Sq Ft
$1,812/Sq Ft Est. Value

Last Sold October 22, 2015

Last sale price $5,000,000 $1,041 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $52,231/month

50 Days on Market

Highlights

  • Mountain View
  • Marble Flooring
  • Hydromassage or Jetted Bathtub
  • Lucille M. Nixon Elementary School Rated A+
  • Marble Bathroom Countertops
  • 2 Fireplaces

About This Home

As of October 2015

Luxurious & Elegant on the Edge of Palo Alto. 5 bedrooms, each with en suite bath, library/office, plus half bath. Refinished maple flooring and new carpeting. Towering ceilings and expansive windows with arched transoms. Separate wing ideal for guests and extended family. Vast, open grounds with entertainment gazebo and putting green.

Last Agent to Sell the Property

Kathy Bridgman

Compass License #01189798 Listed on: 08/03/2015

Compass

Last Buyer's Agent

Connie Miller

Compass License #01275848

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $70,855

Year Built

  • Built in 1997

Lot Details

  • 1.1 Acre Lot
  • Fenced
  • Sprinklers on Timer
  • Grass Covered Lot
  • Back Yard
  • Zoning described as R1

Parking

  • 3 Car Attached Garage
  • Carport
  • Garage Door Opener
  • Electric Gate
  • Guest Parking
  • Off-Street Parking

Property Views

  • Mountain
  • Hills

Home Design

  • Pillar, Post or Pier Foundation
  • Slab Foundation
  • Slate Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,802 Sq Ft Home
  • 2-Story Property
  • Skylights
  • 2 Fireplaces
  • Gas Fireplace
  • Formal Entry
  • Formal Dining Room
  • Den
  • Storage Room
  • Gas Dryer Hookup
  • Crawl Space

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Eat-In Kitchen
  • Built-In Self-Cleaning Double Oven
  • Gas Cooktop
  • Range Hood
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Marble Bathroom Countertops
  • Dual Sinks
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Outdoor Features

  • Balcony
  • Gazebo

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Separate Meters
  • Individual Gas Meter
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 175-32-057

Home Details

Home Type

Single Family

Est. Annual Taxes

$70,855

Year Built

Built in 1997

Lot Details

0

Parking

3

Listing Details

  • Subclass: Single Family Home
  • Age: 18
  • Listing Class: Residential
  • Structure Sq Ft: 4802
  • Year Built: 1997
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Gas Burning, Gas Starter
  • Dining Room: Breakfast Nook, Dining Area, Eat in Kitchen, Formal Dining Room, Skylight
  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Freezer, Garbage Disposal, Hood Over Range, Hookups - Gas, Island with Sink, Oven - Built-In, Oven - Double, Oven - Self Cleaning, Pantry, Pantry Cabinet, Refrigerator, Trash Compactor
  • Living Sq Ft: 4802
  • Stories: 2
  • Laundry: Hookup - Electric, Gas Hookup
  • Flooring: Carpet, Hardwood, Marble, Tile
  • Additional Rooms: Den / Study / Office, Formal Entry, Storage
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Bathroom: Double Sinks, Marble, Shower and Tub, Stall Shower, Tile, Tub with Jets
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab, Concrete Slab, Crawl Space, Foundation Pillars
  • Roof: Slate
  • View: Hills, Mountains
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced, Gazebo, Low Maintenance, Sprinklers - Auto, Sprinklers - Lawn

Garage/Parking

  • Garage Spaces: 3
  • Garage Max: 3
  • Garage Min: 3
  • Garage Parking Features: Attached Garage, Carport, Electric Gate, Gate / Door Opener, Guest / Visitor Parking, Off-Street Parking, Parking Area

Utilities

  • Cooling System: Central AC, Central Forced Air - Gas, Multi-Zone
  • Heating System: Central Forced Air - Gas, Heating - 2+ Zones
  • Sewer/Septic System: Sewer - Private, Sewer Connected

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

  • Parcel Number: 175-32-057
  • Lot Acres: 1.1030
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 48027.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 48027.00

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 1, 2019
Sold by
Kannan Karthik and Dayanandan Buvaua
Bought by
Kannan Karthik and Dayanandan Buvana
Current Estimated Value
$8,703,541

Purchase Details

Listed on
Aug 3, 2015
Closed on
Oct 5, 2015
Sold by
Sharma Praveen and Sharma Wen Chu Lee
Bought by
Kannan Karthik and Dayanandan Buvana
Seller's Agent
Kathy Bridgman
Compass
Buyer's Agent
Connie Miller
Compass
List Price
$5,495,000
Sold Price
$5,000,000
Premium/Discount to List
-$495,000
-9.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.72%
Original Mortgage
$3,000,000
Outstanding Balance
$2,357,965
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$6,345,576

Purchase Details

Closed on
Apr 9, 1998
Sold by
Windy Hill Associates Inc
Bought by
Sharma Praveen and Sharma Wen Chu Lee

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
7.18%
Mortgage Type
Purchase Money Mortgage
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
Kannan Karthik -- None Available
Kannan Karthik $5,000,000 Old Republic Title Company
Sharma Praveen $2,250,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kannan Karthik $3,000,000
Previous Owner Sharma Praveen $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/22/2015 10/22/15 Sold $5,000,000 -9.0% $1,041 / Sq Ft
09/22/2015 09/22/15 Pending -- -- --
08/03/2015 08/03/15 For Sale $5,495,000 -- $1,144 / 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 $70,855 $5,918,981 $4,498,429 $1,420,552
2024 $70,855 $5,802,924 $4,410,225 $1,392,699
2023 $69,888 $5,689,142 $4,323,750 $1,365,392
2022 $69,231 $5,577,591 $4,238,971 $1,338,620
2021 $67,805 $5,468,227 $4,155,854 $1,312,373
2020 $66,401 $5,412,158 $4,113,241 $1,298,917
2019 $65,636 $5,306,039 $4,032,590 $1,273,449
2018 $63,778 $5,202,000 $3,953,520 $1,248,480
2017 $62,613 $5,100,000 $3,876,000 $1,224,000
2016 $61,070 $5,000,000 $3,800,000 $1,200,000
2015 $35,220 $2,823,265 $1,328,595 $1,494,670
2014 $34,245 $2,767,962 $1,302,570 $1,465,392
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81498205

MLSListings

APN: 175-32-057