NOT LISTED FOR SALE

340 Cherry Ave Los Altos, CA 94022

Estimated Value: $4,651,000 - $5,579,000

6 Beds
3 Baths
3,920 Sq Ft
$1,333/Sq Ft Est. Value

Last Sold June 05, 2024

Last sale price $4,850,000 $1,237 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $27,244/month

6 Days on Market

Highlights

  • Private Pool
  • Family Room with Fireplace
  • 1-Story Property
  • Santa Rita Elementary School Rated A
  • Forced Air Heating System

About This Home

As of June 2024

Located in the premier North Los Altos area, this remarkable opportunity is just one-half mile from the Village. Available for the first time in over 50 years, the freshly updated home is perfectly situated on a spacious corner lot of more than one-quarter acre with abundant privacy. Move in and enjoy today or make the most of the potential for further renovation or even building new. The one-level home is ever so spacious with 6 bedrooms, 3.5 baths, plus an extra-large family room. Outside, synthetic lawn and lush flowering foliage surrounds a pool and spa, which is ideal for relaxation and entertaining. Large side yard with raised garden bed and orchard. And, with its proximity to excellent Los Altos schools, this is an opportunity not to be missed. Welcome home!

Last Agent to Sell the Property

Ryan Gowdy

The Agency License #01322889 Listed on: 05/08/2024

The Agency

Last Buyer's Agent

Kathy Bridgman

Compass License #01189798

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,416

Year Built

  • Built in 1949

Lot Details

  • 0.27 Acre Lot
  • Zoning described as R1

Parking

  • Off-Street Parking

Home Design

  • Flat Roof Shape
  • Slab Foundation
  • Shake Roof

Interior Spaces

  • 3,920 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Pool

  • Private Pool

Utilities

  • Forced Air Heating System
  • Wall Furnace
  • Radiant Heating System

Listing and Financial Details

  • Assessor Parcel Number 167-32-044

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,416

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Age: 75
  • Listing Class: Residential
  • Structure Sq Ft: 3920
  • Year Built: 1949
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Living Room
  • Dining Room: Dining Area in Living Room
  • Living Sq Ft: 3920
  • Stories: 1
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 6
  • Minimum Numberof Bedrooms: 6
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Flat / Low Pitch, Shake
  • Pool: Yes

Garage/Parking

  • Garage Parking Features: Off-Street Parking

Utilities

  • Heating System: Central Forced Air, Radiant, Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Mountain View-Los Altos Union High
  • Elementary School: Santa Rita Elementary
  • Middle School: Ardis G. Egan Intermediate
  • High School: Los Altos High
  • High School: 265
  • Elementary School: 136
  • Middle School: 133

Lot Info

  • Parcel Number: 167-32-044
  • Lot Acres: 0.2700
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 11761.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 11761.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Mountain View-Los Altos Union High
  • Elementary School Text: Santa Rita Elementary
  • High School Text: Los Altos High
  • Middle School Text: Ardis G. Egan Intermediate

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2024
Closed on
May 16, 2024
Sold by
Truitt Kenneth E
Bought by
Ganeshan Vinayak Gopalan and Ganesan Aarthi
Seller's Agent
Ryan Gowdy
The Agency
Buyer's Agent
Kathy Bridgman
Compass
List Price
$4,595,000
Sold Price
$4,850,000
Premium/Discount to List
$255,000
5.55%
Views
13
Current Estimated Value
$5,079,879

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,879
Avg. Annual Appreciation
6.38%
Original Mortgage
$3,637,500
Interest Rate
6%
Mortgage Type
New Conventional
Source: Public Records

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
Ganeshan Vinayak Gopalan $4,850,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gopalan Ganeshan Vinayak $3,600,000
Closed Ganeshan Vinayak Gopalan $3,637,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2024 06/05/24 Sold $4,850,000 +5.5% $1,237 / Sq Ft
05/15/2024 05/15/24 Pending -- -- --
05/08/2024 05/08/24 For Sale $4,595,000 -- $1,172 / 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
2025 $3,416 $4,947,000 $4,641,000 $306,000
2024 $3,416 $236,037 $61,357 $174,680
2023 $3,690 $231,409 $60,154 $171,255
2022 $3,326 $226,873 $58,975 $167,898
2021 $3,827 $222,425 $57,819 $164,606
2020 $3,314 $220,146 $57,227 $162,919
2019 $3,264 $215,830 $56,105 $159,725
2018 $3,382 $211,599 $55,005 $156,594
2017 $2,955 $207,451 $53,927 $153,524
2016 $3,782 $203,384 $52,870 $150,514
2015 $3,760 $200,330 $52,076 $148,254
2014 $3,631 $196,406 $51,056 $145,350
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2024

    Ryan Gowdy

    The Agency

    (408) 309-8660

    23 in this area

    98 Total Sales

    Section Image
  • Kathy Bridgman

    Buyer's Agent in 2024

    Kathy Bridgman

    Compass

    (650) 209-1589

    91 in this area

    196 Total Sales

    Section Image

  • A

    Buyer's Agent in 2024

    Al Garcia

    Coldwell Banker Prestige Prop

See All Agents

Map

Source: MLSListings

MLS Number: ML81964879

MLSListings

APN: 167-32-044

California Santa Clara County Los Altos 94022

340 Cherry Ave, Los Altos, CA

This home is located at 340 Cherry Ave, Los Altos, CA 94022 since 08 May 2024 and is currently estimated at $5,223,875, approximately $1,332 per square foot. This property was built in 1949. 340 Cherry Ave is a home located in Santa Clara County with nearby schools including Santa Rita Elementary School, Ardis G. Egan Junior High School, and Los Altos High School.

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