NOT LISTED FOR SALE

27874 Via Corita Way Los Altos Hills, CA 94022

Estimated Value: $6,402,000 - $6,932,971

5 Beds
4.5 Baths
5,027 Sq Ft
$1,341/Sq Ft Est. Value

Last Sold August 29, 2012

Last sale price $3,550,000 $706 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $40,035/month

54 Days on Market

Highlights

  • Mountain View
  • Fireplace in Primary Bedroom
  • Traditional Architecture
  • Lucille M. Nixon Elementary School Rated A+
  • Vaulted Ceiling
  • Wood Flooring

About This Home

As of August 2012

Custom home nestled in the hills in a serene and private garden setting yet minutes from Downtown! Spacious floor plan & distinctive architectural details include vaulted ceilings, skylights, French Doors and Windows that fill the home with natural light. Indoor to Outdoor entertaining transitions easily to the privacy of the rear terrace & grounds. Excellent Palo Alto Schools!

Last Agent to Sell the Property

Irene Reed

Intero Real Estate Services License #01879122 Listed on: 05/16/2012

Intero Real Estate Services

Last Buyer's Agent

Kari Lambrecht

Zip Realty Inc License #01700678

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $51,242

Year Built

  • Built in 1986

Lot Details

  • Kennel or Dog Run
  • Fenced
  • Sprinklers on Timer
  • Zoning described as RA

Home Design

  • Traditional Architecture
  • Pillar, Post or Pier Foundation
  • Composition Roof

Interior Spaces

  • 5,027 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Double Pane Windows
  • Bay Window
  • Formal Entry
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Den
  • Mountain Views

Kitchen

  • Breakfast Bar
  • Built-In Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Walk-in Shower

Parking

  • Garage
  • Garage Door Opener
  • Guest Parking
  • Off-Street Parking

Eco-Friendly Details

  • Energy-Efficient Insulation

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Wood Insert Heater
  • Heating System Uses Gas
  • 220 Volts
  • Septic Tank
  • Satellite Dish
  • TV Antenna

Listing and Financial Details

  • Assessor Parcel Number 182-11-075

Home Details

Home Type

Single Family

Est. Annual Taxes

$51,242

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Style: Traditional
  • Age: 26
  • Sale Price Per Sq Ft: 706.19
  • Listing Class: Residential
  • Structure Sq Ft: 5027
  • Barclay Horizontal: 9
  • Barclays Page: 30
  • Incorporated: Yes
  • Map Book Page: 831
  • Map Book Page Secondary: 30
  • Map Side Coordinate: 1
  • Map Side Coordinate Secondary: 73
  • Map Top Coordinate: A
  • Map Top Coordinate Secondary: 9
  • Thomas Bros Page: 831
  • Thomas Brothers: A1
  • Year Built: 1986
  • Zoning Description: RA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Living Room, Primary Bedroom, Wood Burning, Insert, Gas Starter, Yes
  • Dining Room: Formal Dining Room, Breakfast Room, Breakfast Bar
  • Kitchen: Pantry, Dishwasher, Cooktop, Garbage Disposal, Refrigerator, Microwave, Ovens - 2+, Oven - Self Cleaning, Trash Compactor, Oven - Built-In, 220 Volt Outlet
  • Living Sq Ft: 5027
  • Stories: 2
  • Security: Security Alarm - Owned
  • Laundry: In Laundry Room, 220 Volt Outlet
  • Flooring: Tile, Carpet - Wall to Wall, Hardwood
  • Additional Rooms: Den / Study / Office, Formal Entry
  • Maximum Bathrooms: 5
  • Maximum Numberof Bedrooms: 5
  • Minimum Bathrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Bathroom: Shower over Tub - 1, Tubs - 1, Stall Shower - 2+, Sunken Tub, Tub with Jets

Exterior Features

  • Foundation: Post and Pier
  • Pool Description: Pool - No
  • Roof: Composition
  • View: Mountains
  • Yard/Grounds: Patio(s), Sprinkler(s) - Front, Sprinkler(s) - Rear, Sprinklers - Auto, Dog Run / Kennel, Fenced
  • Exterior: Stone, Stucco

Garage/Parking

  • Garage Min: 3
  • Garage Parking Features: Attached Garage, Gate / Door Opener, Guest / Visitor Parking, Off-Street Parking

Utilities

  • Cooling System: Central AC
  • Heating System: Heating - 2+ Zones, Forced Air, Gas
  • Sewer/Septic System: Septic Tank / Pump

Association/Amenities

  • Amenities Miscellaneous: Window Covering(s), Double Pane Windows(s), High Ceiling, Vaulted Ceiling, Bay Window

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: 182-11-075
  • Lot Location: Cul-de-Sac
  • List Price per Sq Ft: 794.71
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 36540.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 36540.00
  • Lot Size Area Min Search: 36540.00
  • Maximum Lot Size: 36540.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Green Features

  • Energy Features: Insulation - Per Owner, Walls Insulated, Double Pane Windows, Skylight, Ceiling Fan(s)

Multi Family

  • Maximum Building Height: 2
  • Minimum Building Height: 2

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

Listed on
May 16, 2012
Closed on
Aug 7, 2012
Sold by
Riches Dennis L and Riches Patricia D
Bought by
Santhanam Narendra K and Santhanam Sujatha
Seller's Agent
Irene Reed
Intero Real Estate Services
Buyer's Agent
Kari Lambrecht
Zip Realty Inc
List Price
$3,995,000
Sold Price
$3,550,000
Premium/Discount to List
-$445,000
-11.14%
Total Days on Market
54
Current Estimated Value
$6,739,243

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,189,243
Avg. Annual Appreciation
5.41%
Original Mortgage
$2,662,500
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 20, 2010
Sold by
Riches Dennis L and Riches Patricia D
Bought by
Riches Dennis L and Riches Patricia D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,000
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 19, 2010
Sold by
Riches Dennis L and Riches Patricia D
Bought by
Riches Dennis L and Riches Patricia D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,000
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 18, 1999
Sold by
Riches Dennis L and Riches Patricia D
Bought by
Riches Dennis L and Riches Patricia D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.79%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 12, 1999
Sold by
Riches Dennis L and Riches Patricia D
Bought by
Riches Dennis L and Riches Patricia D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.79%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 9, 1998
Sold by
Riches Dennis L and Riches Patricia D
Bought by
Riches Dennis L and Riches Patricia D
Source: Public Records

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Range of Values:

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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
Santhanam Narendra K $3,550,000 Chicago Title Company
Riches Dennis L -- First American Title
Riches Dennis L -- First American Title
Riches Dennis L -- --
Riches Dennis L -- Old Republic Title Company
Riches Dennis L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Santhanam Narendra K $804,000
Closed Santhanam Narendra K $822,375
Closed Santhanam Narendra K $1,039,000
Open Santhanam Narendra K $2,662,500
Closed Santhanam Narendra K $2,662,500
Previous Owner Riches Dennis L $412,000
Previous Owner Riches Dennis L $417,000
Previous Owner Riches Dennis L $500,000
Previous Owner Riches Dennis L $322,700
Previous Owner Riches Dennis L $250,000
Previous Owner Riches Dennis L $410,000
Previous Owner Riches Dennis L $100,000
Previous Owner Riches Dennis L $410,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2012 08/29/12 Sold $3,550,000 -11.1% $706 / Sq Ft
07/09/2012 07/09/12 Pending -- -- --
05/16/2012 05/16/12 For Sale $3,995,000 -- $795 / 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 $51,242 $4,285,842 $2,776,744 $1,509,098
2023 $50,600 $4,201,807 $2,722,299 $1,479,508
2022 $50,182 $4,119,420 $2,668,921 $1,450,499
2021 $49,192 $4,038,648 $2,616,590 $1,422,058
2020 $48,155 $3,997,238 $2,589,761 $1,407,477
2019 $47,585 $3,918,862 $2,538,982 $1,379,880
2018 $46,250 $3,842,023 $2,489,199 $1,352,824
2017 $45,414 $3,766,691 $2,440,392 $1,326,299
2016 $44,296 $3,692,836 $2,392,542 $1,300,294
2015 $43,802 $3,637,367 $2,356,604 $1,280,763
2014 $43,032 $3,566,117 $2,310,442 $1,255,675
Source: Public Records

Agents Affiliated with this Home

  • Irene Reed

    Seller's Agent in 2012

    Irene Reed

    Intero Real Estate Services

    (650) 947-4700

    12 Total Sales

    Section Image

  • K

    Buyer's Agent in 2012

    Kari Lambrecht

    Zip Realty Inc

See All Agents

Map

Source: MLSListings

MLS Number: ML81218458

MLSListings

APN: 182-11-075

California Santa Clara County Los Altos Hills 94022

27874 Via Corita Way, Los Altos Hills, CA

This home is located at 27874 Via Corita Way, Los Altos Hills, CA 94022 since 16 May 2012 and is currently estimated at $6,739,243, approximately $1,340 per square foot. This property was built in 1986. 27874 Via Corita Way is a home located in Santa Clara County with nearby schools including Lucille M. Nixon Elementary School, Ellen Fletcher Middle, and Henry M. Gunn High School.

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