NOT LISTED FOR SALE

38 Los Altos Square Los Altos, CA 94022

Estimated Value: $1,724,000 - $1,947,642

3 Beds
2.5 Baths
1,440 Sq Ft
$1,291/Sq Ft Est. Value

Last Sold July 26, 2021

Last sale price $1,825,000 $1,267 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $12,519/month

159 Days on Market

Highlights

  • Private Pool
  • Radiant Floor
  • Balcony
  • Almond Elementary School Rated A+
  • Granite Countertops
  • 2 Car Detached Garage

About This Home

As of July 2021

Resort Style Living in the Middle of Silicon Valley. Elegant & Modern W/2 MBR Suites + 1 BR or Den/Office & Half Bath on 1st floor. 2-Car Garage. Tastefully Remodeled throughout. Gourmet Kit W/Granite Counter. Living Room W/Wood Burning Fireplace and a Wet Bar W/Wine Cooler and Custom Wine Rack. Bamboo Flooring. Full-Size inside Laundry. 2 Skylights. 2 Spacious Private Enclosed Patios plus a deck off MBR. Los Altos Square is a friendly community offering a Beautiful Clubhouse, 3 Swimming Pools, Saunas, Manicured open space grounds. Walk to Whole Foods, Safeway, Trader Joe's, Icon Movie Theaters, Restaurants, Shops, Banks, Caltrain, Public Transportation. Minutes to Stanford University, Stanford Hospital, Stanford Mall, and Hi-Tech Employment. Short hop to SFO and San Jose Airports. A great entry price point for the sought after family friendly city of Los Altos with a wonderful downtown, community programs, and distinguished schools. It feels just like a SFR at a fraction of the price!

Last Agent to Sell the Property

Isaac Malek

Alliance Bay Realty License #00744357 Listed on: 01/14/2021

Alliance Bay Realty

Last Buyer's Agent

Jennifer Yiu

Redfin License #02096586

Redfin

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $21,461

Year Built

  • 1964

Lot Details

  • 1,098 Sq Ft Lot
  • Back and Front Yard Fenced

HOA Fees

  • $640 Monthly HOA Fees

Parking

  • 2 Car Detached Garage

Home Design

  • Mansard Roof Shape
  • Slab Foundation
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,440 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Skylights
  • Wood Burning Fireplace
  • Formal Entry
  • Living Room with Fireplace
  • Dining Area
  • Radiant Floor

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Range Hood
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Private Pool
  • Balcony

Community Details

  • Association fees include common area electricity, common area gas, exterior painting, fencing, garbage, insurance - common area, insurance - homeowners, insurance - liability, landscaping / gardening, maintenance - common area, maintenance - exterior, management fee, pool spa or tennis, reserves, roof, water
  • Los Altos Towne House Association

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$21,461

Year Built

1964

Lot Details

0

HOA Fees

$640 per month

Parking

2

Listing Details

  • Zoning: R35
  • Subclass: Townhouse
  • Age: 57
  • Listing Class: Residential
  • Structure Sq Ft: 1440
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 1964

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room, Wood Burning
  • Dining Room: Breakfast Bar, Dining Area
  • Kitchen: Countertop - Granite, Countertop - Stone, Dishwasher, Garbage Disposal, Hood Over Range, Oven Range - Electric, Oven Range - Gas
  • Fireplace: Yes
  • Living Sq Ft: 1440
  • Stories: 2
  • Laundry: Inside, Washer / Dryer
  • Additional Rooms: Formal Entry, Laundry Room
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Yes
  • Roof: Composition, Mansard, Shingle
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced
  • Fencing: Fenced Back, Fenced Front
  • Pool: Cabana / Dressing Room, Community Facility, Heated - Solar, Pool - Fenced, Pool - Heated, Pool - In Ground, Steam Room Or Sauna

Garage/Parking

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

Utilities

  • Heating System: Radiant Floors
  • Sewer/Septic System: Sewer Connected

Condo/Co-op/Association

  • HOA Fees: 640
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Common Area Gas, Exterior Painting, Fencing, Garbage, Insurance - Common Area, Insurance - Homeowners, Insurance - Liability, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Management Fee, Pool, Spa, Or Tennis, Reserves, Roof, Water
  • HOA Exist: Yes
  • H O A Name Text: Los Altos Towne House Association

Association/Amenities

  • Amenities Miscellaneous: Skylight, 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: 0.0252
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1098.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1098.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2021
Closed on
Jun 24, 2021
Sold by
Varma Ritu and Ritu Varma Living Trust
Bought by
Zhu Zheng and Huang Lei
Seller's Agent
Isaac Malek
Alliance Bay Realty
Buyer's Agent
Jennifer Yiu
Redfin
List Price
$1,950,000
Sold Price
$1,825,000
Premium/Discount to List
-$125,000
-6.41%
Current Estimated Value
$1,852,081

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,081
Avg. Annual Appreciation
1.08%
Original Mortgage
$822,000
Outstanding Balance
$752,907
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$1,153,916

Purchase Details

Closed on
Feb 2, 2013
Sold by
Varma Ritu
Bought by
Varma Ritu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,000
Interest Rate
3.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 2013
Sold by
Varma Ritu
Bought by
Varma Rita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,000
Interest Rate
3.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 10, 2011
Sold by
Varma Ritu
Bought by
Varma Ritu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$317,000
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 22, 2010
Sold by
Varma Ritu
Bought by
Varma Ritu

Purchase Details

Closed on
May 20, 2009
Sold by
Parfenov Maxim and Miqueo Julian
Bought by
Varma Ritu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 29, 2008
Sold by
Parfenov Maxim and Zubkova Marina
Bought by
Parfenov Maxim and Miqueo Julian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.31%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 2, 2008
Sold by
Harris Dianne
Bought by
Parfenov Maxim and Zubkova Marina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.31%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 11, 1997
Sold by
Wen Janine P
Bought by
Harris Dianne
Source: Public Records

Range of Values:

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Average Value
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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
Zhu Zheng $1,825,000 Chicago Title Company
Varma Ritu -- Lsi Title Company
Varma Rita -- Lsi Title Company
Varma Ritu -- Old Republic Title Company
Varma Ritu -- Ritu Varmold Republic Title
Varma Ritu -- None Available
Varma Ritu $817,000 Cornerstone Title Company
Parfenov Maxim -- None Available
Miqueo Julian -- None Available
Parfenov Maxim $800,000 Financial Title Company
Harris Dianne $355,000 First American Title Guarant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhu Zheng $822,000
Previous Owner Varma Ritu $294,000
Previous Owner Varma Ritu $317,000
Previous Owner Varma Ritu $320,000
Previous Owner Varma Ritu $417,000
Previous Owner Parfenov Maxim $417,000
Previous Owner Parfenov Maxim $223,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2021 07/26/21 Sold $1,825,000 -6.4% $1,267 / Sq Ft
06/23/2021 06/23/21 Pending -- -- --
01/14/2021 01/14/21 For Sale $1,950,000 -- $1,354 / 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 $21,461 $1,880,000 $939,900 $940,100
2024 $21,461 $1,740,000 $869,900 $870,100
2023 $21,341 $1,725,000 $862,400 $862,600
2022 $22,664 $1,824,750 $912,300 $912,450
2021 $12,968 $971,968 $485,984 $485,984
2020 $13,015 $962,002 $481,001 $481,001
2019 $12,472 $943,140 $471,570 $471,570
2018 $12,178 $924,648 $462,324 $462,324
2017 $11,842 $906,518 $453,259 $453,259
2016 $11,563 $888,744 $444,372 $444,372
2015 $11,360 $875,396 $437,698 $437,698
2014 $11,277 $858,250 $429,125 $429,125
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81846618

MLSListings

APN: 170-45-022