NOT LISTED FOR SALE

396 1st St Unit 13 Los Altos, CA 94022

Estimated Value: $1,620,000 - $2,634,000

2 Beds
2 Baths
1,406 Sq Ft
$504/mo HOA Fee

Last Sold July 06, 2018

Last sale price $1,858,000 $1,321 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $12,669/month

14 Days on Market

Highlights

  • Wood Flooring
  • Park or Greenbelt View
  • High Ceiling
  • Gardner Bullis Elementary School Rated A
  • Planned Social Activities
  • Granite Countertops

About This Home

As of July 2018

Stunning two bedroom, two bath condo located in Downtown Los Altos. Beautiful finishes, soaring ceilings. Five years young. Oversized bedrooms, great schools. Walk to all that downtown Los Altos has to offer! This newer single level home is everything you might expect in Silicon Valley. Just twenty units in the building. Well managed HOA offers beautiful surroundings and good neighbors. Go ahead - imagine waking up without an alarm and strolling to the farmer's market or an art festival downtown only to wrap up your day with an outstanding meal. How many days in a row can you go without getting into your car? Draeger's grocery store and yoga are just a block away!

Last Agent to Sell the Property

Darcy Gamble

Compass License #01956441 Listed on: 05/29/2018

Compass

Last Buyer's Agent

RECIP

Out of Area Office License #00000000

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,344

Year Built

  • Built in 2012

Lot Details

  • 1,289

HOA Fees

  • $504 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Secured Garage or Parking

Interior Spaces

  • 1,406 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Dining Area
  • Park or Greenbelt Views

Kitchen

  • Gas Oven
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Granite Bathroom Countertops
  • Dual Sinks
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Washer and Dryer

Home Security

  • Security Gate
  • Monitored

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 167-61-013

Community Details

Overview

  • Association fees include common area electricity, exterior painting, garbage, insurance - common area, insurance - structure, landscaping / gardening, maintenance - common area, maintenance - exterior, reserves, roof, water
  • 20 Units
  • 396 First Street HOA
  • Built by 396 1st Street

Amenities

  • Planned Social Activities
  • Elevator
  • Community Storage Space

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,344

Year Built

Built in 2012

Lot Details

0

HOA Fees

$504 per month

Parking

2

Listing Details

  • Subclass: Condominium
  • Age: 6
  • Listing Class: Residential
  • Maximum Unit Floor Number: 2
  • Max Numberof Unitsin Building: 20
  • Min Numberof Unitsin Complex: 20
  • Structure Sq Ft: 1406
  • Complex Name: 396 1st Street
  • Year Built: 2012
  • Zoning Description: CD
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area
  • Kitchen: Countertop - Granite, Dishwasher, Garbage Disposal, Microwave, Oven - Self Cleaning, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 1406
  • Stories: 1
  • Security: Fire System - Sprinkler, Secured Garage / Parking, Security Building, Video / Audio System
  • Bedrooms: Walk-in Closet
  • Laundry: Inside, Washer / Dryer
  • Flooring: Carpet, Wood
  • Additional Rooms: Storage
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Double Sinks, Granite, Primary - Stall Shower(s), Shower and Tub

Exterior Features

  • View: Park

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Assigned Spaces, Covered Parking, Gate / Door Opener, Underground Parking

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 504
  • HOA Amenities: Additional Storage, Elevator, Organized Activities
  • HOA Documents: Articles of Incorporation, CC&RS, Financial Statement, Minutes, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Exterior Painting, Garbage, Insurance - Common Area, Insurance - Structure, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Reserves, Roof, Water
  • H O A Name Text: 396 First Street HOA
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Security Gate, Walk-in Closet

Schools

  • School District: Mountain View-Los Altos Union High

Lot Info

  • Parcel Number: 167-61-013
  • Lot Acres: 0.0296
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1288.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1288.00

Multi Family

  • Utilities: Public Utilities
  • Maximum Building Height: 3
  • Minimum Building Height: 3

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2018
Closed on
Jun 29, 2018
Sold by
Bancroft Saul and Rotman Shauna Beth
Bought by
Lerza Christine Lynn and The Philip And Christine Lerza
Seller's Agent
Darcy Gamble
Compass
Buyer's Agent
RECIP
Out of Area Office
List Price
$1,858,000
Sold Price
$1,858,000
Total Days on Market
14
Current Estimated Value
$2,063,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,994
Avg. Annual Appreciation
1.77%

Purchase Details

Closed on
Aug 12, 2013
Sold by
Lennar Homes Of California Inc
Bought by
Bancroft Saul and Rotman Shauna Beth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,500
Interest Rate
4.33%
Mortgage Type
New Conventional
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
Lerza Christine Lynn $1,858,000 Old Republic Title Co
Bancroft Saul $1,098,500 North American Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bancroft Saul $625,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2018 07/06/18 Sold $1,858,000 0.0% $1,321 / Sq Ft
06/13/2018 06/13/18 Pending -- -- --
05/29/2018 05/29/18 For Sale $1,858,000 -- $1,321 / 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 $7,344 $515,000 $206,543 $308,457
2023 $7,149 $504,903 $202,494 $302,409
2022 $7,252 $495,004 $198,524 $296,480
2021 $7,065 $485,299 $194,632 $290,667
2020 $7,095 $480,324 $192,637 $287,687
2019 $6,808 $470,907 $188,860 $282,047
2018 $15,294 $1,183,184 $591,592 $591,592
2017 $14,714 $1,159,986 $579,993 $579,993
2016 $14,351 $1,137,242 $568,621 $568,621
2015 $14,123 $1,120,160 $560,080 $560,080
2014 $13,895 $1,098,218 $549,109 $549,109
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81707526

MLSListings

APN: 167-61-013