NOT LISTED FOR SALE

40 S Springer Rd Los Altos, CA 94024

Estimated Value: $2,953,000 - $6,218,000

5 Beds
4.5 Baths
3,442 Sq Ft
$1,458/Sq Ft Est. Value

Last Sold May 22, 2020

Last sale price $3,250,000 $944 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $31,684/month

43 Days on Market

Highlights

  • RV or Boat Parking
  • Custom Home
  • Wood Flooring
  • Almond Elementary School Rated A+
  • Updated Kitchen
  • Corner Lot

About This Home

As of May 2020

A home buyer's search would not be complete until they saw this beautiful custom Mediterranean style home that has 5 bedrooms, 4 and 1/2 baths totaling 3442sf. The front double doors open to a grand tiled foyer and leads to the abundant family room with a grand full length Limestone fireplace and bordered on both sides by built in custom cabinetry. Connecting the family room is a lavish kitchen and dining room arrangement with tiled floors and adorned with custom cabinetry and marble countertops. A separate wine closet and half bath round out the common areas of the lower floor. An Au Pair suite, 3 additional bedrooms and a full bath make up the rest of the first floor. Upstairs the Master Suite and Princess suite are separate from the common areas each having their own Full Baths and walk in closets. The master suite of course has a soaker tub and separate shower. Outside leads to in finished BBQ and patio area great for entertaining that’s fully fenced for privacy and security.

Last Listed By

Hector Cortez

Century 21 Select Re License #01253358 Listed on: 03/16/2020

Century 21 Select Re

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $43,051

Year Built

  • Built in 1983

Lot Details

  • 10,000 Sq Ft Lot
  • Fenced
  • Corner Lot
  • Sprinklers Throughout Yard
  • Garden
  • Back and Front Yard

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • RV or Boat Parking

Home Design

  • Custom Home
  • Mediterranean Architecture
  • Stucco

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Wood Burning Fireplace
  • Brick Fireplace
  • Family Room with Fireplace

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Double Oven
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Bay East Association
  • Santa Clara Subdivision

Listing and Financial Details

  • Assessor Parcel Number 18935066

Home Details

Home Type

Single Family

Est. Annual Taxes

$43,051

Year Built

Built in 1983

Lot Details

0

Parking

2

Listing Details

  • Stories: 2
  • Year Built: 1983
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.22
  • Subdivision Name: SANTA CLARA
  • Directions: N. El Monte Ave to S Springer Rd.
  • Architectural Style: Custom, Mediterranean
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two Story
  • New Construction: No
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Other
  • Special Features: VirtualTour

Interior Features

  • Flooring: Hardwood, Tile
  • Basement: Crawl Space
  • Appliances: Dishwasher, Double Oven, Disposal, Refrigerator, Dryer, Washer, Gas Water Heater
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace Features: Brick, Family Room, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Breakfast Bar, Counter - Solid Surface, Stone Counters, Eat-in Kitchen, Kitchen Island, Pantry, Updated Kitchen, Wet Bar
  • Window Features: Window Coverings
  • Room Kitchen Features: Breakfast Bar, Counter - Solid Surface, Counter - Stone, Dishwasher, Double Oven, Eat In Kitchen, Garbage Disposal, Island, Pantry, Refrigerator, Updated Kitchen, Wet Bar

Exterior Features

  • Fencing: Fenced
  • Lot Features: Corner Lot, Level, Premium Lot
  • Pool Features: None
  • Pool Private: No
  • Construction Type: Stucco
  • Exterior Features: Back Yard, Front Yard, Garden/Play, Side Yard, Sprinklers Automatic, Sprinklers Back, Sprinklers Front, Sprinklers Side, Other
  • Other Structures: Shed(s)
  • Property Condition: Existing

Garage/Parking

  • Garage Spaces: 2
  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Parking Features: Attached, RV/Boat Parking, Side Yard Access, Guest, Garage Door Opener

Utilities

  • Heating: Forced Air, Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Laundry Features: Dryer, Laundry Room, Washer
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: No Solar
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Name: BAY EAST
  • Association: No

Lot Info

  • Lot Size Sq Ft: 10000
  • Parcel Number: 18935066
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2020
Closed on
May 20, 2020
Sold by
Daniel Sabbas and Daniel Debbie
Bought by
Agarwal Ravi Shankar and Agarwal Shreya Paul
Seller's Agent
Hector Cortez
Century 21 Select Re
Buyer's Agent
Mary Chen
Signa Properties
List Price
$3,348,000
Sold Price
$3,250,000
Premium/Discount to List
-$98,000
-2.93%
Total Days on Market
43
Current Estimated Value
$5,019,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,769,480
Avg. Annual Appreciation
9.04%
Original Mortgage
$2,437,500
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2017
Sold by
Daniel Sabbas and Daniel Debbie
Bought by
Daniel Sabbas and Daniel Debbie

Purchase Details

Closed on
Sep 13, 2002
Sold by
Daniel Sabbas and Kerlin Debbie
Bought by
Daniel Sabbas and Daniel Debbie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$645,000
Interest Rate
6.24%

Purchase Details

Closed on
Apr 26, 1999
Sold by
Campbell Norman G
Bought by
Daniel Sabbas and Kerlin Debbie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$444,000
Interest Rate
6.98%

Purchase Details

Closed on
Jan 4, 1999
Sold by
Campbell Norman G
Bought by
Campbell Norman G

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
Agarwal Ravi Shankar $3,250,000 First American Title Company
Daniel Sabbas -- None Available
Daniel Sabbas -- Fidelity National Title Ins
Daniel Sabbas -- First American Title Guarant
Campbell Norman G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Agarwal Ravi Shankar $2,180,000
Closed Agarwal Ravi Shankar $2,437,500
Previous Owner Daniel Sabbas $645,000
Previous Owner Daniel Sabbas $444,000
Closed Daniel Sabbas $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Off Market $3,250,000 -- --
05/22/2020 05/22/20 Sold $3,250,000 -2.9% $944 / Sq Ft
04/28/2020 04/28/20 Pending -- -- --
03/31/2020 03/31/20 For Sale $3,348,000 +3.0% $973 / Sq Ft
03/20/2020 03/20/20 Off Market $3,250,000 -- --
03/16/2020 03/16/20 For Sale $3,348,000 -- $973 / Sq Ft
Source: Bay East Association of REALTORS®

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 $43,051 $3,580,370 $3,310,422 $269,948
2023 $42,190 $3,510,167 $3,245,512 $264,655
2022 $40,597 $3,349,341 $3,181,875 $167,466
2021 $40,721 $3,283,669 $3,119,486 $164,183
2020 $15,176 $1,142,318 $716,736 $425,582
2019 $14,938 $1,119,921 $702,683 $417,238
2018 $14,653 $1,097,962 $688,905 $409,057
2017 $13,980 $1,076,435 $675,398 $401,037
2016 $13,718 $1,055,329 $662,155 $393,174
2015 $13,508 $1,039,478 $652,209 $387,269
2014 $13,325 $1,019,117 $639,434 $379,683
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay East Association of REALTORS®

MLS Number: 40899442

Bay East Association of REALTORS®

APN: 189-35-066