NOT LISTED FOR SALE

27321 Altamont Rd Los Altos Hills, CA 94022

Estimated Value: $5,445,366

1.55 Acres
$3,504,999 Price per Acre
67,675 Sq Ft Lot

Last Sold July 18, 2019

Last sale price $4,207,500

Est. 29% increase in value since last sale

Current estimated payment $34,829/month

10 Days on Market

Highlights

  • Bay View
  • Gardner Bullis Elementary School Rated A
  • 4-minute walk to Byrne Preserve

About This Lot

As of July 2019

This rarely available 1.55 acre lot (net lot 1.37acres; buyer to verify) parcel lies at the crest of a hill, with the tall trees of the Monte Bello Open Space Preserve soaring on one side and an expansive panorama of Palo Alto and the San Francisco Bay on the other. The tremendous 241-foot long frontage allow for a dream home to be built with a maximum development area (MDA) of 10,769 square feet, and maximum floor area (MFA) of 5,524 square feet (buyer to verify). Located a short drive from downtown Los Altos and Palo Alto, and with access to top-ranked Los Altos schools, this is your opportunity to build your very own castle in the sky.

Last Listed By

Young Platinum Group

Golden Gate Sotheby's International Realty License #70010130 Listed on: 06/26/2019

Golden Gate Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $52,191

Lot Details

  • 1.55

Additional Features

  • 1.55 Acre Lot
  • Bay Views
  • Electricity Available at Street
  • Horses Potentially Allowed on Property

Property Details

Property Type

Land

Est. Annual Taxes

$52,191

Lot Details

0

Listing Details

  • Zoning: RA
  • Subclass: Residential Lot
  • Listing Class: Residential Lots & Land
  • Present Use: Vacant
  • Development Status: Raw Land
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Bay
  • Horse Property: Possible

Utilities

  • Sewer/Septic System: Sewer Available

Schools

  • School District: Mountain View-Los Altos Union High
  • Elementary School: Gardner Bullis Elementary
  • Middle School: Ardis G. Egan Intermediate
  • High School: Los Altos High
  • High School: 265
  • Elementary School: 1079
  • Middle School: 133

Lot Info

  • Lot Description: Views
  • Lot Acres: 1.5536
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 67676.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 67676.00
  • Parcel Access: Accessible

Multi Family

  • Utilities: Electricity - Available At Street

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2019
Closed on
Jul 12, 2019
Sold by
Chao Elaine
Bought by
Gezelligheid Llc
Seller's Agent
Young Platinum Group
Golden Gate Sotheby's International Realty
Buyer's Agent
Chia-Ling Shiue
MaxReal
List Price
$4,488,000
Sold Price
$4,207,500
Premium/Discount to List
-$280,500
-6.25%
Total Days on Market
10
Current Estimated Value
$5,445,366

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,237,866
Avg. Annual Appreciation
4.51%

Purchase Details

Closed on
Jul 18, 2018
Sold by
Che Fong Peng and Che Fongpeng
Bought by
Chao Elaine

Purchase Details

Closed on
Aug 27, 2015
Sold by
Salah George E
Bought by
Che Fongpeng and Chao Elaine

Purchase Details

Closed on
May 9, 2007
Sold by
Schoening Jerry and Sheikholeslam Shahla
Bought by
Salah George E

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
Gezelligheid Llc $4,207,500 Chicago Title Company
Chao Elaine $1,450,000 None Available
Che Fongpeng $3,548,000 Chicago Title Company
Salah George E $2,450,000 Alliance Title Company
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2019 07/18/19 Sold $4,207,500 -6.3% --
07/07/2019 07/07/19 Pending -- -- --
06/26/2019 06/26/19 For Sale $4,488,000 -- --
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 $52,191 $4,511,288 $4,511,288 --
2023 $51,534 $4,422,832 $4,422,832 $0
2022 $51,128 $4,336,110 $4,336,110 $0
2021 $51,508 $4,251,089 $4,251,089 $0
2020 $51,950 $4,207,500 $4,207,500 $0
2019 $45,138 $3,765,165 $3,765,165 $0
2018 $45,827 $3,691,339 $3,691,339 $0
2017 $43,830 $3,618,960 $3,618,960 $0
2016 $42,311 $3,548,000 $3,548,000 $0
2015 $34,874 $2,731,194 $2,731,194 $0
2014 $32,249 $2,677,694 $2,677,694 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81758283

MLSListings

APN: 182-26-052