NOT LISTED FOR SALE

31 Otis Way Los Altos, CA 94022

Estimated Value: $3,732,000 - $5,787,000

4 Beds
2.5 Baths
3,377 Sq Ft
$1,518/Sq Ft Est. Value

Last Sold December 20, 2019

Last sale price $3,700,000 $1,096 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $32,618/month

45 Days on Market

Highlights

  • Deck
  • Family Room with Fireplace
  • Marble Flooring
  • Almond Elementary School Rated A+
  • Vaulted Ceiling
  • Marble Bathroom Countertops

About This Home

As of December 2019

Extensively remodeled with classic and timeless style. Hardwood floors and plantation shutters in most rooms. Formal living room with fireplace. Extra-large formal dining Room. Tremendous kitchen and family room combination with fireplace. Three main-level bedrooms. Upstairs master bedroom suite with steam shower and customized office. Heated bathroom floors. Beautifully landscaped rear grounds with large deck, patio, and lawn.

Last Listed By

Kathy Bridgman

Compass License #01189798 Listed on: 10/07/2019

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $47,020

Year Built

  • 1951

Lot Details

  • 0.26 Acre Lot
  • Wood Fence
  • Sprinklers on Timer
  • Back Yard Fenced

Parking

  • 2 Car Garage

Home Design

  • Ceiling Insulation
  • Floor Insulation
  • Shake Roof
  • Wood Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,377 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Beamed Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights in Kitchen
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Double Pane Windows
  • Bay Window
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Crawl Space

Kitchen

  • Open to Family Room
  • Double Self-Cleaning Oven
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Marble Bathroom Countertops
  • Dual Sinks
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry in Utility Room
  • Gas Dryer Hookup

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Heating System Uses Gas

Additional Features

  • Energy-Efficient Insulation
  • Deck

Home Details

Home Type

Single Family

Est. Annual Taxes

$47,020

Year Built

1951

Lot Details

0

Parking

2

Listing Details

  • Zoning: R110
  • Subclass: Single Family Home
  • Age: 68
  • Listing Class: Residential
  • Structure Sq Ft: 3377
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1951

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Family Room, Gas Burning, Gas Log, Gas Starter, Living Room, Wood Burning
  • Dining Room: Formal Dining Room
  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Exhaust Fan, Freezer, Garbage Disposal, Ice Maker, Microwave, Oven - Double, Oven - Gas, Oven - Self Cleaning, Refrigerator, Skylight, Wine Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 3377
  • Stories: 1
  • Laundry: Electricity Hookup (110V), Gas Hookup, In Utility Room
  • Flooring: Carpet, Hardwood, Marble, Stone
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Marble, Primary - Stall Shower(s), Tub In Primary Bedroom

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space
  • Roof: Shake, Wood Shakes / Shingles
  • Yard/Grounds: Back Yard, Deck, Fenced, Sprinklers - Auto, Sprinklers - Lawn
  • Fencing: Fenced Back, Wood

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Ceiling Fan, Central Ac
  • Heating System: Central Forced Air - Gas, Fireplace, Gas
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Bay Window, Open Beam Ceiling, Skylight, Vaulted Ceiling, Wet Bar

Schools

  • School District: Mountain View-Los Altos Union High
  • Elementary School: Almond Elementary
  • Middle School: Ardis G. Egan Intermediate
  • High School: Los Altos High
  • High School: 265
  • Elementary School: 128
  • Middle School: 133

Lot Info

  • Lot Acres: 0.2573
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 11209.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 11209.00

Green Features

  • Energy Features: Ceiling Insulation, Double Pane Windows, Insulation - Floor, Insulation - Per Owner, Skylight, Walls Insulated

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2019
Closed on
Nov 22, 2019
Sold by
Uphoff Dennis C and Worrell Uphoff Pauline L
Bought by
Zhang Meng and Qian Xiaojuan
Seller's Agent
Kathy Bridgman
Compass
Buyer's Agent
nicholas french
Christie's International Real Estate Sereno
List Price
$4,350,000
Sold Price
$3,700,000
Premium/Discount to List
-$650,000
-14.94%
Total Days on Market
45
Current Estimated Value
$5,127,317

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,427,317
Avg. Annual Appreciation
6.18%
Original Mortgage
$2,400,000
Interest Rate
2.25%
Mortgage Type
New Conventional

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
Zhang Meng $3,700,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Meng $2,299,985
Closed Zhang Meng $2,400,000
Previous Owner Uphoff Dennis C $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2019 12/20/19 Sold $3,700,000 -7.5% $1,096 / Sq Ft
11/22/2019 11/22/19 Pending -- -- --
11/04/2019 11/04/19 Price Changed $3,998,000 -8.1% $1,184 / Sq Ft
10/07/2019 10/07/19 For Sale $4,350,000 -- $1,288 / 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 $47,020 $3,967,146 $3,511,461 $455,685
2023 $46,492 $3,889,359 $3,442,609 $446,750
2022 $45,827 $3,813,098 $3,375,107 $437,991
2021 $45,926 $3,738,332 $3,308,929 $429,403
2020 $46,259 $3,700,000 $3,275,000 $425,000
2019 $7,853 $548,496 $250,728 $297,768
2018 $8,067 $537,742 $245,812 $291,930
2017 $7,445 $527,199 $240,993 $286,206
2016 $7,308 $516,863 $236,268 $280,595
2015 $7,190 $509,101 $232,720 $276,381
2014 $7,180 $499,130 $228,162 $270,968
Source: Public Records

Agents Affiliated with this Home

  • Kathy Bridgman

    Seller's Agent in 2019

    Kathy Bridgman

    Compass

    (650) 209-1589

    84 in this area

    189 Total Sales

    Kathy Bridgman
    Section Image
  • nicholas french

    Buyer's Agent in 2019

    nicholas french

    Sereno Group

    (650) 773-8000

    33 in this area

    195 Total Sales

    nicholas french
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81771530

MLSListings

APN: 189-35-042

California Santa Clara County Los Altos 94022

31 Otis Way, Los Altos, CA

Homes for Sale in Los Altos, CA

This home is located at 31 Otis Way, Los Altos, CA 94022 since 07 October 2019 and is currently estimated at $5,127,317, approximately $1,518 per square foot. This property was built in 1951. 31 Otis Way is a home located in Santa Clara County with nearby schools including Almond Elementary School, Ardis G. Egan Junior High School, and Los Altos High School.

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