NOT LISTED FOR SALE

310 N El Monte Ave Unit 2 Los Altos, CA 94022

Estimated Value: $7,953,504 - $8,989,000

3 Beds
1.5 Baths
2,126 Sq Ft
$3,966/Sq Ft Est. Value

Last Sold January 30, 2017

Last sale price $2,200,000 $1,035 Per Sq Ft

Est. 283% increase in value since last sale

Current estimated payment $54,131/month

23 Days on Market

Highlights

  • Eat-In Kitchen
  • Forced Air Heating System
  • 1-Story Property
  • Almond Elementary School Rated A+
  • Wood Burning Fireplace

About This Home

As of January 2017

A rare opportunity of investment, ranch style home, great upside potential. Build your dream home on this expansive 16,750 sq. ft. lot. 1BR/1BA Guest Cottage, 900 sq ft, in back of property; 3-car attached garage, 2 fireplaces, and plenty of storage. Desirable neighborhood and Los Altos schools. Value in land.

Last Listed By

Jack Liu

Star Realty License #01338342 Listed on: 09/10/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $85,950

Year Built

  • Built in 1951

Lot Details

  • 0.39 Acre Lot
  • Zoning described as R1

Parking

  • 3 Car Garage

Home Design

  • Fixer Upper
  • Wood Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,126 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 170-20-073

Home Details

Home Type

Single Family

Est. Annual Taxes

$85,950

Year Built

Built in 1951

Lot Details

0

Parking

3

Listing Details

  • Subclass: Single Family Home
  • Property Condition: Fixer Upper
  • Age: 65
  • Listing Class: Residential
  • Structure Sq Ft: 2126
  • Year Built: 1951
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Eat in Kitchen
  • Living Sq Ft: 2126
  • Stories: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Wood Shakes / Shingles
  • Construction Type: Concrete

Garage/Parking

  • Garage Spaces: 3
  • Garage Max: 3
  • Garage Min: 3
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Mountain View-Los Altos Union High

Lot Info

  • Lot Description: Regular
  • Parcel Number: 170-20-073
  • Lot Acres: 0.3850
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 16748.82
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 16748.82

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Mountain View-Los Altos Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2022
Sold by
Rainbow Grace Usa Inc
Bought by
Kasturi Family Trust
Total Days on Market
23
Current Estimated Value
$8,431,168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,260,000
Outstanding Balance
$4,013,332
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$4,417,836

Purchase Details

Closed on
May 7, 2019
Sold by
18598 Mccoy Investment Llc
Bought by
Rainbow Grace Usa Inc

Purchase Details

Listed on
Sep 10, 2016
Closed on
Dec 29, 2016
Sold by
Shi Shana and Estate Of Jenny Shi
Bought by
18598 Mccoy Investment Llc
Seller's Agent
Jack Liu
Star Realty
Buyer's Agent
Ensy Afdari
Compass
List Price
$2,250,000
Sold Price
$2,200,000
Premium/Discount to List
-$50,000
-2.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.55%

Purchase Details

Closed on
Aug 10, 2016
Sold by
Shi Luze
Bought by
Shi Shana

Purchase Details

Closed on
Jun 16, 2014
Sold by
Shi Jenny
Bought by
Luze Shi Jenny and Luze Shi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$506,000
Interest Rate
4.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 4, 2011
Sold by
Shi Jing Min
Bought by
Luze Shi Jing Min and Luze Shi

Purchase Details

Closed on
Nov 15, 2010
Sold by
Williams Jeffrey H and Williams Family Revocable Trus
Bought by
Shi Jing Min

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$678,000
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2004
Sold by
Williams Marguerite and Williams Family Revocable Inte
Bought by
Williams Marguerite and Trust A Williams Family Revoca

Purchase Details

Closed on
Aug 21, 2003
Sold by
The Wiliams Family Revocable Intervivos
Bought by
Williams Harold and Williams Marguerite

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
Kasturi Family Trust $7,100,000 Lawyers Title
Rainbow Grace Usa Inc $7,000,000 Orange Coast Ttl Co Of Nocal
18598 Mccoy Investment Llc $2,200,000 Chicago Title Company
Shi Shana $180,000 None Available
Luze Shi Jenny -- Accommodation
Shi Jenny -- Fidelity National Title Co
Luze Shi Jing Min $226,500 None Available
Shi Jing Min $1,130,000 North American Title Co Inc
Williams Marguerite -- --
Williams Harold -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kasturi Family Trust $4,260,000
Previous Owner Shi Jenny $1,500,000
Previous Owner Shi Jenny $506,000
Previous Owner Shi Jing Min $678,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2017 01/30/17 Sold $2,200,000 -8.3% $1,035 / Sq Ft
10/04/2016 10/04/16 Pending -- -- --
09/14/2016 09/14/16 Price Changed $2,400,000 +6.7% $1,129 / Sq Ft
09/10/2016 09/10/16 For Sale $2,250,000 -- $1,058 / 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 $85,950 $7,386,840 $4,265,640 $3,121,200
2023 $84,835 $7,242,000 $4,182,000 $3,060,000
2022 $86,895 $7,358,248 $3,679,124 $3,679,124
2021 $87,397 $7,213,970 $3,606,985 $3,606,985
2020 $87,909 $7,140,000 $3,570,000 $3,570,000
2019 $62,090 $5,176,880 $2,288,880 $2,888,000
2018 $28,988 $2,337,800 $2,244,000 $93,800
2017 $25,369 $2,049,941 $2,043,289 $6,652
2016 $24,571 $1,994,060 $1,987,538 $6,522
2015 $24,206 $1,963,460 $1,956,321 $7,139
2014 $15,097 $1,180,988 $1,173,673 $7,315
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81613901

MLSListings

APN: 170-20-073