NOT LISTED FOR SALE

404 Traverso Ave Los Altos, CA 94022

Estimated Value: $5,411,000 - $6,195,424

4 Beds
4 Baths
2,482 Sq Ft
$2,309/Sq Ft Est. Value

Last Sold May 05, 2015

Last sale price $3,700,000 $1,491 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $33,615/month

7 Days on Market

Highlights

  • In Ground Pool
  • Wood Flooring
  • 2 Fireplaces
  • Santa Rita Elementary School Rated A
  • Marble Countertops
  • High Ceiling

About This Home

As of May 2015

Entertainer's dream home located on a cul-de-sac in N. Los Altos. Open floor plan w/4bd & 4/ba incl. a master suite. Expansive sliding glass doors lead from the living room to the beautifully landscaped grounds w/sparkling pool, spa, & gas fire pit for indoor/outdoor living at its finest. Gourmet kit. w/high-end appliances, custom cherry cabinetry, & an island. Large finished basement used as a family room. Living sp: 2,482 sf ground floor; 606 sf. in the lower living; lot: 11,700 sf. Excellent LA schools

Last Agent to Sell the Property

Brian Chancellor

Christie's International Real Estate Sereno License #01174998 Listed on: 03/19/2015

Christie's International Real Estate Sereno

Last Buyer's Agent

Tony Xu

BayOne Real Estate Inv Corp License #01781021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $38,822

Year Built

  • Built in 1951

Lot Details

  • 0.27 Acre Lot
  • Wood Fence
  • Zoning described as R1

Parking

  • 2 Car Attached Garage

Home Design

  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,482 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • 2 Fireplaces
  • Gas Fireplace
  • Separate Family Room
  • Combination Dining and Living Room
  • Finished Basement

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Marble Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms
  • Dual Sinks
  • Walk-in Shower

Pool

  • In Ground Pool
  • Outside Bathroom Access
  • Spa

Additional Features

  • Fire Pit
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 167-14-057

Home Details

Home Type

Single Family

Est. Annual Taxes

$38,822

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 64
  • Listing Class: Residential
  • Structure Sq Ft: 2482
  • Year Built: 1951
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Burning
  • Dining Room: Dining Area in Living Room, Eat in Kitchen
  • Kitchen: Countertop - Marble, Dishwasher, Microwave, Oven - Double, Oven Range, Refrigerator, Wine Refrigerator
  • Living Sq Ft: 2482
  • Stories: 1
  • Flooring: Carpet, Hardwood, Tile
  • Additional Rooms: Basement - Finished
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Outside Access, Stall Shower
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Pool - In Ground, Spa / Hot Tub
  • Roof: Composition, Shingle
  • Yard/Grounds: Fire Pit
  • Pool: Yes
  • Fencing: Wood

Garage/Parking

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

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Walk-in Closet

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: 167-14-057
  • Lot Acres: 0.2690
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 11700.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 11700.00

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

Closed on
Oct 15, 2021
Sold by
Chen Weiwei
Bought by
Gong Jun and Chen Xia Family Gst Exempt 202
Current Estimated Value
$5,730,106

Purchase Details

Closed on
Dec 8, 2016
Sold by
Chen Weiwei and Xia Wen
Bought by
Chen Weiwei and Xia Wen

Purchase Details

Listed on
Mar 19, 2015
Closed on
Apr 3, 2015
Sold by
Eggers Gary Griffin and Eggers Jo Ellen
Bought by
Chen Weiwei and Xia Wen
Seller's Agent
Brian Chancellor
Christie's International Real Estate Sereno
Buyer's Agent
Tony Xu
BayOne Real Estate Inv Corp
List Price
$3,200,000
Sold Price
$3,700,000
Premium/Discount to List
$500,000
15.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.29%
Original Mortgage
$1,900,000
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 17, 2000
Sold by
Eggers Gary G and Eggers Jo E
Bought by
Eggers Gary Griffin and Eggers Jo Ellen
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
Gong Jun -- None Available
Chen Weiwei -- None Available
Chen Weiwei -- None Available
Chen Weiwei $3,700,000 Chicago Title
Eggers Gary Griffin -- --
Eggers Gary Griffin -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chen Weiwei $1,900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2015 05/05/15 Sold $3,700,000 +15.6% $1,491 / Sq Ft
03/26/2015 03/26/15 Pending -- -- --
03/19/2015 03/19/15 For Sale $3,200,000 -- $1,289 / 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 $38,822 $4,778,640 $2,764,252 $2,014,388
2024 $38,822 $3,266,771 $2,710,051 $556,720
2023 $47,389 $4,000,000 $2,486,400 $1,513,600
2022 $50,097 $4,190,357 $2,604,817 $1,585,540
2021 $51,001 $4,108,194 $2,553,743 $1,554,451
2020 $50,672 $4,066,071 $2,527,558 $1,538,513
2019 $48,247 $3,986,346 $2,477,999 $1,508,347
2018 $47,576 $3,908,183 $2,429,411 $1,478,772
2017 $45,814 $3,831,553 $2,381,776 $1,449,777
2016 $44,829 $3,756,425 $2,335,075 $1,421,350
2015 $7,036 $480,510 $115,279 $365,231
2014 -- $471,098 $113,021 $358,077
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81455791

MLSListings

APN: 167-14-057