$1,800,000
SOLD JUN 14, 2024

Pennisula Real 4388 El Camino Real Unit 29 Los Altos, CA 94022

3 Beds
2.5 Baths
1,600 Sq Ft
$761/mo HOA Fee

Recently Sold

$1,125 Per Sq Ft

18% Below List Price

109 Days on Market

Highlights

  • In Ground Spa
  • Contemporary Architecture
  • Granite Countertops
  • Santa Rita Elementary School Rated A
  • Park or Greenbelt View
  • Open to Family Room

About This Home

As of June 2024

Access property through the side entrance on Los Altos Avenue, behind the gas station. We are pleased to present this luxury condominium, located on the corner of Los Altos Ave. and El Camino Real within the Peninsula Real Los Altos Community. Constructed in 2009, this large 3-bedroom unit is situated within an area of the community with 15 other luxury units, each with their own private entrance & large +/-350 sf patio. The grounds & walkways are highly developed with mature landscaping. Flooded with natural light, the ground floor includes a foyer, large living room with dining area, ½ bath & spacious family room kitchen, which flows on to a the rear patio area. The upstairs bedroom wing is drenched in natural light & surrounded on 3 sides with glass. The primary suite includes a large bathroom with a tub, shower stall & double sink. This unit includes 2 assigned underground parking stalls & a storage closet. The large scenic pool, with spa and showers, sits just a short distance from the unit & is visible from multiple rooms. This property feeds to Santa Rita Elementary, Egan Junior High & Los Altos High School & is located just a short distance from downtown Los Altos, The Village at San Antonio, the San Antonio Caltrain station & many other convenient amenities.

Last Agent to Sell the Property

Rick Bell

Compass License #01051633 Listed on: 01/31/2024

Compass

Co-Listed By

Suzanne Bell

Compass License #01422075

Last Buyer's Agent

Wen Zhao

Compass License #02052632

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $26,097

Year Built

  • Built in 2009

HOA Fees

  • $761 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Secured Garage or Parking

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,600 Sq Ft Home
  • 2-Story Property
  • Combination Dining and Living Room
  • Storage Room
  • Park or Greenbelt Views

Kitchen

  • Open to Family Room
  • Oven or Range
  • Gas Cooktop
  • Microwave
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Dual Sinks
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Spa
  • Private Pool

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number 167-60-004

Community Details

Overview

  • Association fees include common area electricity, garbage, insurance - common area, management fee, reserves
  • 78 Units
  • Penninsula Real Association
  • Built by Penninsula Real

Recreation

Pet Policy

  • Limit on the number of pets

Security

  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$26,097

Year Built

Built in 2009

Lot Details

0

HOA Fees

$761 per month

Parking

2

Listing Details

  • Subclass: Condominium
  • Style: Contemporary
  • Restrictions: Pets - Number Restrictions
  • Age: 15
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 78
  • Structure Sq Ft: 1600
  • Complex Name: Penninsula Real
  • Incorporated: Yes
  • Year Built: 2009
  • Zoning Description: CT
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Dining Room: Dining Area in Living Room
  • Kitchen: Cooktop - Gas, Countertop - Granite, Garbage Disposal, Island, Microwave, Oven Range, Refrigerator
  • Living Sq Ft: 1600
  • Stories: 2
  • Security: Controlled / Secured Access, Secured Garage / Parking
  • Laundry: Dryer, Washer
  • Additional Rooms: Storage
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Primary - Stall Shower(s)

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Spa - In Ground
  • Roof: Composition
  • View: Greenbelt
  • Pool: Yes

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Assigned Spaces, Underground Parking

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 761
  • HOA Amenities: Community Pool
  • HOA Documents: Articles of Incorporation, Bylaws, CC&RS, Financial Statement, Reserve Study, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Garbage, Insurance - Common Area, Management Fee, Reserves
  • H O A Name Text: Penninsula Real
  • H O A Exist: Yes

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: 167-60-004

Multi Family

  • Utilities: Individual Electric Meters

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

Listed on
Jan 31, 2024
Closed on
Jun 2, 2024
Sold by
Metcalf Nira
Bought by
Qiao Ming and Pan Ming Mei
Seller's Agent
Rick Bell
Compass
Buyer's Agent
Wen Zhao
Compass
List Price
$2,195,000
Sold Price
$1,800,000
Premium/Discount to List
-$395,000
-18%
Views
153
Current Estimated Value
$1,790,409

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,591
Avg. Annual Appreciation
1.94%
Original Mortgage
$1,260,000
Outstanding Balance
$1,242,291
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$601,506

Purchase Details

Listed on
Jun 15, 2023
Closed on
Jul 14, 2023
Sold by
Goenka Sangini and Goenka Mukund
Bought by
Metcalf Nira
Seller's Agent
Zina Kaganovich
Bayview Residential Brokerage
Buyer's Agent
Rick Bell
Compass
List Price
$2,150,000
Sold Price
$2,150,000
Views
17

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-17.92%

Purchase Details

Listed on
Jun 15, 2023
Closed on
Jul 13, 2023
Sold by
Metcalf David
Bought by
Metcalf Nira
Seller's Agent
Zina Kaganovich
Bayview Residential Brokerage
Buyer's Agent
Rick Bell
Compass
List Price
$2,150,000
Sold Price
$2,150,000
Views
17

Purchase Details

Closed on
Nov 28, 2017
Sold by
Ecr Investments Lp and Guzik Nahum
Bought by
Goenka Sangini and Goenka Mukund

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 5, 2009
Sold by
Los Altos West Lp
Bought by
Guzik Nahum
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,800,000 Fidelity National Title Compan
Grant Deed $2,150,000 Old Republic Title
Quit Claim Deed -- Old Republic Title
Grant Deed $1,350,000 Chicago Title Co
Grant Deed $805,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,260,000 New Conventional
Previous Owner $776,000 New Conventional
Previous Owner $850,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2024 06/14/24 Sold $1,800,000 -2.7% $1,125 / Sq Ft
05/20/2024 05/20/24 Pending -- -- --
05/09/2024 05/09/24 Price Changed $1,849,500 -7.4% $1,156 / Sq Ft
05/09/2024 05/09/24 Price Changed $1,998,000 +8.1% $1,249 / Sq Ft
05/09/2024 05/09/24 Price Changed $1,849,000 -7.5% $1,156 / Sq Ft
02/28/2024 02/28/24 Price Changed $1,998,000 -9.0% $1,249 / Sq Ft
01/31/2024 01/31/24 For Sale $2,195,000 +2.1% $1,372 / Sq Ft
07/21/2023 07/21/23 Sold $2,150,000 0.0% $1,344 / Sq Ft
06/22/2023 06/22/23 Pending -- -- --
06/15/2023 06/15/23 For Sale $2,150,000 -- $1,344 / 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 $26,097 $1,836,000 $918,000 $918,000
2024 $26,097 $2,150,000 $1,075,000 $1,075,000
2023 $21,558 $1,749,830 $874,915 $874,915
2022 $21,333 $1,715,520 $857,760 $857,760
2021 $21,449 $1,681,884 $840,942 $840,942
2020 $21,595 $1,664,640 $832,320 $832,320
2019 $20,562 $1,632,000 $816,000 $816,000
2018 $20,320 $1,600,000 $800,000 $800,000
2017 $11,781 $895,328 $447,664 $447,664
2016 $11,482 $877,774 $438,887 $438,887
2015 $11,289 $864,590 $432,295 $432,295
2014 $11,177 $847,654 $423,827 $423,827
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81952929

MLSListings

APN: 167-60-004