NOT LISTED FOR SALE

437 Panchita Way Los Altos, CA 94022

Estimated Value: $5,242,290 - $6,384,000

4 Beds
3 Baths
2,635 Sq Ft
$2,188/Sq Ft Est. Value

Last Sold April 20, 2012

Last sale price $2,370,000 $899 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $35,106/month

9 Days on Market

Highlights

  • Primary Bedroom Suite
  • Family Room with Fireplace
  • Wood Flooring
  • Almond Elementary School Rated A+
  • Traditional Architecture
  • High Ceiling

About This Home

As of April 2012

Beautifully rebuilt in 2008.Located in the heart of North Los Altos. Dramatic one level home w/open floor plan.Gorgeous hickory hdwd flrs,Andersen windows,w/custom shutters.Huge great room w/ fireplace.Gourmet kitchen w/custom cabinets,granite countertops & stainless steel appl.Spacious LR & DR combo,lg master suite,Built w/energy efficient 2 zone heating-cooling,&clean air eco friendly, LA sch

Last Agent to Sell the Property

Jamie M. Carmichael

Coldwell Banker Realty License #70000221 Listed on: 03/21/2012

Coldwell Banker Realty

Last Buyer's Agent

Shilpa Merchant

Coldwell Banker Realty License #01112533

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,761

Year Built

  • Built in 2008

Lot Details

  • Fenced
  • Sprinklers on Timer
  • Zoning described as R1

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Mediterranean Architecture
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,635 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Skylights
  • Gas Log Fireplace
  • Double Pane Windows
  • Formal Entry
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Utility Room
  • Gas Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Built-In Self-Cleaning Oven
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • 3 Full Bathrooms
  • Bidet
  • Bathtub with Shower
  • Walk-in Shower

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Gas
  • Tankless Water Heater
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 170-17-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,761

Year Built

Built in 2008

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Traditional, Mediterranean
  • Age: 4
  • Sale Price Per Sq Ft: 899.43
  • Listing Class: Residential
  • Structure Sq Ft: 2635
  • Barclay Horizontal: 13
  • Barclays Page: 31
  • Incorporated: Yes
  • Map Book Page: 811
  • Map Book Page Secondary: 31
  • Map Side Coordinate: 5
  • Map Side Coordinate Secondary: 76
  • Map Top Coordinate: E
  • Map Top Coordinate Secondary: 13
  • Thomas Bros Page: 811
  • Thomas Brothers: E5
  • Year Built: 2008
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Gas Log, Yes
  • Dining Room: Dining Area in Living Room, Eat in Kitchen
  • Kitchen: Dishwasher, Refrigerator, Oven - Self Cleaning, Oven - Built-In, Hookups - Gas
  • Living Sq Ft: 2635
  • Stories: 1
  • Bedrooms: Primary Suite / Retreat
  • Laundry: In Laundry Room, Gas Hookup
  • Flooring: Tile, Hardwood
  • Additional Rooms: Utility Room, Formal Entry
  • Maximum Bathrooms: 3
  • Maximum Numberof Bedrooms: 4
  • Minimum Bathrooms: 3
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Bathroom: Showers over Tubs - 2+, Tubs - 2+, Stall Shower, Bidet

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Pool - No
  • Roof: Composition
  • View: Local/Neighborhood
  • Yard/Grounds: Patio(s), Sprinklers - Auto, Fenced
  • Exterior: Stucco

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2

Utilities

  • Cooling System: Central AC
  • Heating System: Heating - 2+ Zones, Forced Air, Gas
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Double Pane Windows(s), High Ceiling

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

  • Parcel Number: 170-17-003
  • List Price per Sq Ft: 910.44
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 10560.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 10560.00
  • Lot Size Area Min Search: 10560.00
  • Maximum Lot Size: 10560.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Green Features

  • Energy Features: Double Pane Windows, Skylight, Tankless Water Heater

Multi Family

  • Maximum Building Height: 1
  • Minimum Building Height: 1

MLS Schools

  • High School District Text: Mountain View-Los Altos Union High
  • Elementary School Text: Almond Elementary
  • High School Text: Los Altos High
  • Middle School Text: Ardis G. Egan Intermediate

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2012
Closed on
Apr 16, 2012
Sold by
East Pioneer Of California Llc
Bought by
Singh Satnam and Spence Susan D
Seller's Agent
Jamie M. Carmichael
Coldwell Banker Realty
Buyer's Agent
Shilpa Merchant
Coldwell Banker Realty
List Price
$2,399,000
Sold Price
$2,370,000
Premium/Discount to List
-$29,000
-1.21%
Total Days on Market
9
Current Estimated Value
$5,765,323

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,395,323
Avg. Annual Appreciation
6.99%
Original Mortgage
$1,770,000
Interest Rate
2.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 3, 2008
Sold by
Manugian Veha and Manugian Lena
Bought by
East Pioneer Of California Llc

Purchase Details

Closed on
Aug 23, 2006
Sold by
Kelley Frederic H
Bought by
Manugian Vahe and Manugian Lena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.67%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 2, 1996
Sold by
Kelley Frederic R and Kelley Marion H
Bought by
Kelley Frederic R and Kelley Marion H
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
Singh Satnam $2,370,000 First American Title Company
East Pioneer Of California Llc $2,150,000 North American Title Company
Manugian Vahe $1,412,500 Alliance Title Company
Kelley Frederic R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Singh Satnam $1,565,000
Closed Singh Satnam $1,770,000
Previous Owner Manugian Vahe $1,000,000
Previous Owner Manugian Vahe $130,000
Previous Owner Manugian Vahe $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2012 04/20/12 Sold $2,370,000 -1.2% $899 / Sq Ft
03/30/2012 03/30/12 Pending -- -- --
03/21/2012 03/21/12 For Sale $2,399,000 -- $910 / 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 $34,761 $2,918,472 $1,687,049 $1,231,423
2023 $34,418 $2,861,248 $1,653,970 $1,207,278
2022 $34,032 $2,805,146 $1,621,540 $1,183,606
2021 $34,098 $2,750,145 $1,589,746 $1,160,399
2020 $34,349 $2,721,947 $1,573,446 $1,148,501
2019 $32,817 $2,668,577 $1,542,595 $1,125,982
2018 $32,300 $2,616,253 $1,512,349 $1,103,904
2017 $31,095 $2,564,955 $1,482,696 $1,082,259
2016 $30,440 $2,514,663 $1,453,624 $1,061,039
2015 $30,005 $2,476,892 $1,431,790 $1,045,102
2014 $29,645 $2,428,374 $1,403,744 $1,024,630
Source: Public Records

Agents Affiliated with this Home

  • Jamie M. Carmichael

    Seller's Agent in 2012

    Jamie M. Carmichael

    Coldwell Banker Realty

    (650) 917-7992

    3 Total Sales

    Section Image
  • Shilpa Merchant

    Buyer's Agent in 2012

    Shilpa Merchant

    Coldwell Banker Realty

    (650) 906-6869

    21 in this area

    77 Total Sales

    Section Image
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Map

Source: MLSListings

MLS Number: ML81210531

MLSListings

APN: 170-17-003

California Santa Clara County Los Altos 94022

437 Panchita Way, Los Altos, CA

This home is located at 437 Panchita Way, Los Altos, CA 94022 since 21 March 2012 and is currently estimated at $5,765,323, approximately $2,187 per square foot. This property was built in 2008. 437 Panchita Way is a home located in Santa Clara County with nearby schools including Almond Elementary School, Ardis G. Egan Junior High School, and Los Altos High School.

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