$4,398,000
SOLD MAY 3, 2016

27860 Via Corita Way Los Altos Hills, CA 94022

4 Beds
4.5 Baths
4,997 Sq Ft
1.02 Acres

Recently Sold

$880 Per Sq Ft

10% Below List Price

39 Days on Market

Highlights

  • Home Theater
  • Solar Heated Pool and Spa
  • Contemporary Architecture
  • Lucille M. Nixon Elementary School Rated A+
  • View of Hills
  • Wood Flooring

About This Home

As of May 2016

Stylishly updated home w/ chic poolhouse. 4 bed/4.5 bath home has study, poolhouse, and combined living of 4,997 sq. ft. (per plans) on lot of 44,899 sq. ft. (per county). Extensively remodeled in 2014. Provides fabulous spaces and solar energy. State-of-the-art poolhouse offers media lounge w/ bar. Grounds include 20+ fruit trees, terraces, and pool w/ spa. Attached 2-car garage. Excellent Palo Alto schools.

Last Agent to Sell the Property

Michael Repka

Deleon Realty License #70010006 Listed on: 02/17/2016

Last Buyer's Agent

Catherine Qian

Intero Real Estate Services License #01276431

Intero Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $60,827

Year Built

  • Built in 1997

Lot Details

  • 1.02 Acre Lot
  • Chain Link Fence
  • Lot Sloped Down
  • Sprinkler System
  • Back Yard
  • Zoning described as R1

Parking

  • 2 Car Garage
  • Electric Vehicle Home Charger
  • Garage Door Opener
  • Guest Parking

Home Design

  • Contemporary Architecture
  • Post and Beam
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,997 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Entertainment System
  • Wired For Sound
  • High Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Double Pane Windows
  • Formal Entry
  • Formal Dining Room
  • Home Theater
  • Den
  • Views of Hills
  • Alarm System

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Built-In Self-Cleaning Oven
  • Electric Oven
  • Electric Cooktop
  • Warming Drawer
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • Jack-and-Jill Bathroom
  • Marble Bathroom Countertops
  • Dual Sinks
  • Hydromassage or Jetted Bathtub
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Pool

  • Solar Heated Pool and Spa
  • Solar Heated In Ground Pool
  • Pool Cover
  • Pool Sweep

Outdoor Features

  • Balcony
  • Fire Pit
  • Gazebo

Location

  • Ground Level Unit

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan
  • Thermostat
  • Separate Meters
  • 220 Volts
  • Individual Gas Meter
  • Septic Tank
  • Cable TV Available

Community Details

  • Courtyard

Listing and Financial Details

  • Assessor Parcel Number 182-11-081

Home Details

Home Type

Single Family

Est. Annual Taxes

$60,827

Year Built

Built in 1997

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Contemporary
  • Age: 19
  • Listing Class: Residential
  • Structure Sq Ft: 4997
  • Year Built: 1997
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Gas Starter, Wood Burning
  • Dining Room: Breakfast Nook, Formal Dining Room
  • Kitchen: 220 Volt Outlet, Cooktop - Electric, Countertop - Other, Dishwasher, Exhaust Fan, Garbage Disposal, Ice Maker, Island, Microwave, Oven - Built-In, Oven - Electric, Oven - Self Cleaning, Refrigerator, Warming Drawer, Wine Refrigerator
  • Living Sq Ft: 4997
  • Stories: 1
  • Security: Security Alarm
  • Laundry: Dryer, Hookup - Electric, Tub / Sink, Washer
  • Flooring: Hardwood, Tile
  • Additional Rooms: Den / Study / Office, Formal Entry, Guest House, Laundry Room, Media / Home Theater
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Pass Through, Marble, Stall Shower, Tile, Tub, Tub with Jets, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter, Post and Beam
  • Pool Description: Pool - Cover, Pool - Heated, Heated - Solar, Pool - In Ground, Pool / Spa Combo, Pool - Sweep
  • Roof: Composition
  • View: Hills
  • Yard/Grounds: Back Yard, Balcony / Patio, Courtyard, Fire Pit, Gazebo, Sprinklers - Lawn
  • Pool: Yes
  • Fencing: Chain Link
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Electric Car Hookup, Gate / Door Opener, Guest / Visitor Parking

Utilities

  • Cooling System: Ceiling Fan, Central Forced Air - Gas, Multi-Zone
  • Heating System: Central Forced Air - Gas, Heating - 2+ Units, Heating - 2+ Zones
  • Sewer/Septic System: Existing Septic, Septic Connected

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Video / Audio System, Walk-in Closet, Wet Bar

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 Description: Grade - Side Slope, Grade - Sloped Down, Ground Floor
  • Parcel Number: 182-11-081
  • Lot Acres: 1.0200
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 44431.20
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 44431.20

Green Features

  • Energy Features: Double Pane Windows, Solar Heating - Pool, Solar Power On Grid, Thermostat Controller

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities

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
Aug 31, 2020
Sold by
Chan Sihong and He Lingmin
Bought by
Chan Sihong and He Lingmin
Current Estimated Value
$6,870,386

Purchase Details

Listed on
Feb 17, 2016
Closed on
Mar 29, 2016
Sold by
Pal Anurag and Somal Preeti
Bought by
Chan Sihong and He Lingmin
Seller's Agent
Michael Repka
Deleon Realty
Buyer's Agent
Catherine Qian
Intero Real Estate Services
List Price
$4,888,000
Sold Price
$4,398,000
Premium/Discount to List
-$490,000
-10.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.10%

Purchase Details

Closed on
Apr 25, 2014
Sold by
Pal Anurag and Somal Preeti
Bought by
Somal Pal Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,400,000
Interest Rate
2.9%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Feb 28, 2012
Closed on
May 23, 2012
Sold by
Mueller Margaret Mary
Bought by
Pal Anurag and Somal Preeti
Seller's Agent
Alicia Nuzzo
Christie's International Real Estate Sereno
Buyer's Agent
Eddie Azzopardi
Realty World-Homesellers.Com
List Price
$3,549,000
Sold Price
$3,255,000
Premium/Discount to List
-$294,000
-8.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.96%
Original Mortgage
$2,100,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 5, 2005
Sold by
Mueller Margaret Mary
Bought by
Mueller Margaret Mary
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Chicago Title Company
Grant Deed $4,398,000 Chicago Title Company
Interfamily Deed Transfer -- Old Republic Title Company
Grant Deed $3,254,750 First American Title Company
Gift Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,000,000 New Conventional
Previous Owner $2,400,000 Adjustable Rate Mortgage/ARM
Previous Owner $2,100,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2016 05/03/16 Sold $4,398,000 -10.0% $880 / Sq Ft
03/28/2016 03/28/16 Pending -- -- --
02/17/2016 02/17/16 For Sale $4,888,000 +50.2% $978 / Sq Ft
06/07/2012 06/07/12 Sold $3,255,000 -8.3% $763 / Sq Ft
05/09/2012 05/09/12 Pending -- -- --
02/28/2012 02/28/12 For Sale $3,549,000 -- $832 / 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 $60,827 $5,104,251 $3,481,755 $1,622,496
2023 $60,065 $5,004,169 $3,413,486 $1,590,683
2022 $59,572 $4,906,049 $3,346,555 $1,559,494
2021 $58,396 $4,809,853 $3,280,937 $1,528,916
2020 $57,161 $4,760,535 $3,247,296 $1,513,239
2019 $56,486 $4,667,192 $3,183,624 $1,483,568
2018 $54,896 $4,575,679 $3,121,200 $1,454,479
2017 $53,904 $4,485,960 $3,060,000 $1,425,960
2016 $43,858 $3,655,613 $2,546,496 $1,109,117
2015 $43,369 $3,600,704 $2,508,246 $1,092,458
2014 $42,524 $3,530,172 $2,459,113 $1,071,059
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81551024

MLSListings

APN: 182-11-081