NOT LISTED FOR SALE

418 University Ave Los Altos, CA 94022

Estimated Value: $3,440,000 - $5,185,000

3 Beds
2 Baths
2,450 Sq Ft
$1,797/Sq Ft Est. Value

Last Sold April 27, 2021

Last sale price $3,180,555 $1,298 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $27,379/month

75 Days on Market

Highlights

  • Private Pool
  • Primary Bedroom Suite
  • Wood Flooring
  • Gardner Bullis Elementary School Rated A
  • Fireplace in Primary Bedroom
  • 1-minute walk to Shoup Park

About This Home

As of April 2021

Great opportunity to live in North Los Altos! This Old Los Altos Gem is close to Downtown, Shoup Park and top-rated Los Altos schools. As you walk through the front door you are greeted by a bright and airy living room with a fireplace and vaulted ceiling. A spacious family room that opens to a formal dining room. Beautiful hardwood floors throughout most of the home. 2 bedrooms and 1 bathroom on the main level plus a large main suite with a fireplace on the second floor. Private backyard with a lovely pool and spa and a wrap around deck with numerous sitting areas. Enjoy a short stroll to Shoup Park, Redwood Grove and Lincoln Park. Excellent schools include Gardner Bullis Elementary, Egan Middle and Los Altos High (Buyer to Verify).

Last Agent to Sell the Property

Gary Campi

Golden Gate Sotheby's International Realty License #00600311 Listed on: 01/08/2021

Golden Gate Sotheby's International Realty

Last Buyer's Agent

Gary Campi

Golden Gate Sotheby's International Realty License #00600311 Listed on: 01/08/2021

Golden Gate Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $40,725

Year Built

  • 1979

Lot Details

  • 10,437 Sq Ft Lot
  • Fenced

Parking

  • 2 Car Detached Garage

Home Design

  • Wood Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,450 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Separate Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Area
  • Laundry in unit

Kitchen

  • Double Oven
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Dual Sinks
  • Bathtub with Shower

Additional Features

  • Private Pool
  • Forced Air Heating System

Home Details

Home Type

Single Family

Est. Annual Taxes

$40,725

Year Built

1979

Lot Details

0

Parking

2

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Age: 42
  • Listing Class: Residential
  • Structure Sq Ft: 2450
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1979

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room, Primary Bedroom
  • Dining Room: Dining Area
  • Kitchen: Island, Oven - Double, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 2450
  • Stories: 2
  • Bedrooms: Ground Floor Bedroom, Primary Suite / Retreat
  • Laundry: Inside
  • Flooring: Hardwood, Tile
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Full On Ground Floor, Shower Over Tub - 1

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Pool Description: Yes
  • Roof: Wood Shakes / Shingles
  • Fencing: Fenced
  • Pool: Pool - In Ground, Spa - In Ground

Garage/Parking

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

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: High Ceiling

Schools

  • School District: Mountain View-Los Altos Union High
  • Elementary School: Gardner Bullis Elementary
  • Middle School: Ardis G. Egan Intermediate
  • High School: Los Altos High
  • High School: 265
  • Elementary School: 1079
  • Middle School: 133

Lot Info

  • Lot Acres: 0.2396
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 10436.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 10436.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2021
Closed on
Apr 27, 2021
Sold by
Tolliver Mendel Lou
Bought by
Edward Mendel Trust
Seller's Agent
Gary Campi
Golden Gate Sotheby's International Realty
Buyer's Agent
Gary Campi
Golden Gate Sotheby's International Realty
List Price
$3,685,000
Sold Price
$3,180,555
Premium/Discount to List
-$504,445
-13.69%
Current Estimated Value
$4,401,905

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,221,350
Avg. Annual Appreciation
7.75%
Original Mortgage
$2,226,000
Outstanding Balance
$2,017,877
Interest Rate
2.55%
Mortgage Type
New Conventional
Estimated Equity
$2,375,962

Purchase Details

Listed on
Jan 8, 2021
Closed on
Apr 23, 2021
Sold by
Mendel Alexandra Cathryn and Trust B Qualified Of Edward Me
Bought by
Bar Holding Llc Series 10 University
Seller's Agent
Gary Campi
Golden Gate Sotheby's International Realty
Buyer's Agent
Gary Campi
Golden Gate Sotheby's International Realty
List Price
$3,685,000
Sold Price
$3,180,555
Premium/Discount to List
-$504,445
-13.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,226,000
Outstanding Balance
$2,017,877
Interest Rate
2.55%
Mortgage Type
New Conventional
Estimated Equity
$2,375,962

Purchase Details

Closed on
Nov 17, 2005
Sold by
Mendel Lou Tolliver
Bought by
Mendel Lou Tolliver

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 24, 2004
Sold by
Mendel Lou Tolliver
Bought by
Mendel Lou Tolliver

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2003
Sold by
Mendel Lou Tolliver
Bought by
Mendel Lou Tolliver

Purchase Details

Closed on
Mar 7, 1996
Sold by
Mendel Lou Tolliver
Bought by
Mendel Lou Tolliver

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,000
Interest Rate
7.01%

Purchase Details

Closed on
May 24, 1995
Sold by
Mendel Lou Tolliver
Bought by
Mendel Lou Tolliver
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
Edward Mendel Trust -- --
Mendel Alexandra Cathryn -- --
Bar Holding Llc Series 10 University $3,181,000 Chicago Title Company
Edward Mendel Trust -- --
Mendel Alexandra Cathryn -- --
Mendel Lou Tolliver -- --
Mendel Lou Tolliver -- Financial Title Company
Mendel Lou Tolliver -- Title Company
Mendel Lou Tolliver -- Stewart Title Of California
Mendel Lou Tolliver -- --
Mendel Lou Tolliver -- North American Title Co
Mendel Lou Tolliver -- --
Mendel Lou Tolliver -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Edward Mendel Trust $2,226,000
Closed Mendel Alexandra Cathryn $2,226,000
Previous Owner Mendel Lou Tolliver $410,000
Previous Owner Mendel Lou Tolliver $260,000
Previous Owner Mendel Lou Tolliver $255,000
Previous Owner Mendel Lou Tolliver $183,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2021 04/27/21 Sold $3,180,555 -6.3% $1,298 / Sq Ft
03/25/2021 03/25/21 Pending -- -- --
02/24/2021 02/24/21 Price Changed $3,395,000 -7.9% $1,386 / Sq Ft
01/08/2021 01/08/21 For Sale $3,685,000 -- $1,504 / 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 $40,725 $3,442,733 $3,247,296 $195,437
2024 $40,725 $3,375,229 $3,183,624 $191,605
2023 $39,638 $3,309,049 $3,121,200 $187,849
2022 $39,004 $3,244,166 $3,060,000 $184,166
2021 $7,076 $550,391 $348,753 $201,638
2020 $7,108 $544,748 $345,177 $199,571
2019 $6,767 $534,067 $338,409 $195,658
2018 $6,797 $523,596 $331,774 $191,822
2017 $6,398 $513,330 $325,269 $188,061
2016 $6,322 $503,266 $318,892 $184,374
2015 $6,707 $495,707 $314,102 $181,605
2014 $6,056 $485,998 $307,950 $178,048
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81825077

MLSListings

APN: 175-13-021