NOT LISTED FOR SALE

450 1st St Unit Penthouse 2 Los Altos, CA 94022

Estimated Value: $4,304,000

2 Beds
2.5 Baths
1,704 Sq Ft
0.35 Acres

Last Sold May 02, 2024

Last sale price $4,100,000 $2,406 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $28,395/month

5 Days on Market

Highlights

  • New Construction
  • Rooftop Deck
  • Mountain View
  • Gardner Bullis Elementary School Rated A
  • Primary Bedroom Suite
  • Wood Flooring

About This Home

As of May 2024

Don't miss the stunning views of the treetops from this luxury penthouse. Open, airy and bright, this entertainers delight has the perfect flow for gatherings of any size. The open concept floorplan seamlessly joins the kitchen, living and dining areas with high ceilings and walls of windows. The primary suite features an enviable walk-in closet and grandiose primary bathroom. On the other side of the penthouse is a spacious guest suite. The spacious deck extends the living space with breathtaking views of the Los Altos Hills. Blending the excitement of the city with the charm and convenience of a close-knit residential community, this 27 Unit Condominium Development at 450 First Street is located in one of California's most desirable neighborhoods. This luxury complex has four stories of for-sale condos over two levels of secure and private underground parking. The building has a rooftop deck and entertaining area for the exclusive use of its residents. Located close to a fantastic selection of shops, restaurants, and cultural activities.

Last Listed By

Tatum Joyce And Tatum Real Esta

Christie's International Real Estate Sereno License #70010026 Listed on: 04/04/2024

Christie's International Real Estate Sereno

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $244,162

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 0.35

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Secured Garage or Parking
  • Assigned Parking

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 1,704 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Dining Area
  • Wood Flooring
  • Mountain Views
  • Laundry in unit

Kitchen

  • Gas Cooktop
  • Microwave
  • Wine Refrigerator
  • Kitchen Island
  • Marble Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Marble Bathroom Countertops
  • Dual Sinks
  • Bathtub
  • Walk-in Shower

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan

Listing and Financial Details

  • Assessor Parcel Number 167-41-078

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area electricity, common area gas, garbage, insurance - common area, management fee, reserves
  • 27 Units
  • 450 First Association

Amenities

  • Rooftop Deck
  • Elevator

Security

  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$244,162

Year Built

Built in 2024 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Subclass: Condominium
  • Estimated Completion Date: 04/03/2024
  • Listing Class: Residential
  • Maximum Unit Floor Number: 4
  • Max Numberof Unitsin Building: 27
  • Min Numberof Unitsin Complex: 27
  • Structure Sq Ft: 1704
  • Construction: Completed-Never Occupied, New Construction
  • Year Built: 2024
  • Zoning Description: CD
  • Special Features: NewHome
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area
  • Kitchen: Cooktop - Gas, Countertop - Marble, Dual Fuel, Exhaust Fan, Garbage Disposal, Island, Microwave, Refrigerator, Wine Refrigerator
  • Living Sq Ft: 1704
  • Stories: 1
  • Security: Controlled / Secured Access, Secured Garage / Parking
  • Bedrooms: Primary Suite / Retreate - 2+, Walk-in Closet
  • Laundry: Inside
  • Flooring: Hardwood
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Double Sinks, Marble, Stall Shower - 2+, Tub in Primary Bedroom

Exterior Features

  • Foundation: Concrete Perimeter
  • View: Mountains
  • Yard/Grounds: Balcony / Patio

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Assigned Spaces, Common Parking Area, Covered Parking, Gate / Door Opener

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 550
  • HOA Amenities: BBQ Area, Elevator, Roof Deck
  • HOA Documents: CC&RS
  • Association Fees Include: Common Area Electricity, Common Area Gas, Garbage, Insurance - Common Area, Management Fee, Reserves
  • H O A Name Text: 450 First
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Walk-in Closet

Schools

  • School District: Mountain View-Los Altos Union High

Lot Info

  • Parcel Number: 167-41-078

Multi Family

  • Utilities: Public Utilities
  • Maximum Building Height: 4
  • Minimum Building Height: 4

MLS Schools

  • High School District Text: Mountain View-Los Altos Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 24, 2025
Sold by
Dd 1St Street Group Llc
Bought by
Yan Qiao
Total Days on Market
5
Current Estimated Value
$4,304,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,560,000
Outstanding Balance
$1,560,000
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$2,744,000

Purchase Details

Closed on
Feb 24, 2025
Sold by
Dd 1St Street Group Llc
Bought by
Esquivel Family Trust and Esquivel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,560,000
Outstanding Balance
$1,560,000
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$2,744,000

Purchase Details

Closed on
Feb 21, 2025
Sold by
Dd 1St Street Group Llc
Bought by
Schiftan Family Trust and Schiftan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,560,000
Outstanding Balance
$1,560,000
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$2,744,000

Purchase Details

Closed on
Feb 6, 2025
Sold by
Dd 1St Street Group Llc
Bought by
Alan P Naumann And Masami F Naumann Trust and Naumann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,560,000
Outstanding Balance
$1,560,000
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$2,744,000

Purchase Details

Closed on
Aug 12, 2024
Sold by
Dd 1St Street Group Llc
Bought by
Esquivel Family Trust and Esquivel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,024,000
Interest Rate
5.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 17, 2024
Sold by
Dd 1St Street Group Llc
Bought by
Chan Adeline and Richardson Jefferson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,024,000
Interest Rate
5.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 4, 2024
Closed on
Jun 27, 2024
Sold by
Dd 1St Street Group Llc
Bought by
Foosball Bear Llc
Seller's Agent
Tatum Joyce And Tatum Real Esta
Christie's International Real Estate Sereno
Buyer's Agent
Tatum Joyce And Tatum Real Esta
Christie's International Real Estate Sereno
List Price
$3,999,000
Sold Price
$4,100,000
Premium/Discount to List
$101,000
2.53%
Views
12

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.69%
Original Mortgage
$2,024,000
Interest Rate
5.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 4, 2024
Closed on
Jun 4, 2024
Sold by
Dd 1St Street Group Llc
Bought by
Faramarz Nooshiravanrahatabad and Faramarz Faraneh Pourkianiallahabad
Seller's Agent
Tatum Joyce And Tatum Real Esta
Christie's International Real Estate Sereno
Buyer's Agent
Tatum Joyce And Tatum Real Esta
Christie's International Real Estate Sereno
List Price
$3,999,000
Sold Price
$4,100,000
Premium/Discount to List
$101,000
2.53%
Views
12

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,887,500
Interest Rate
6.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 4, 2024
Closed on
May 17, 2024
Sold by
Dd 1St Street Group Llc
Bought by
Franco Lucas Goncalves
Seller's Agent
Tatum Joyce And Tatum Real Esta
Christie's International Real Estate Sereno
Buyer's Agent
Tatum Joyce And Tatum Real Esta
Christie's International Real Estate Sereno
List Price
$3,999,000
Sold Price
$4,100,000
Premium/Discount to List
$101,000
2.53%
Views
12

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
7.02%

Purchase Details

Listed on
Apr 4, 2024
Closed on
Apr 29, 2024
Sold by
Dd 1St Street Group Llc
Bought by
Ananth Akilan and Akilan Surenuha
Seller's Agent
Tatum Joyce And Tatum Real Esta
Christie's International Real Estate Sereno
Buyer's Agent
Tatum Joyce And Tatum Real Esta
Christie's International Real Estate Sereno
List Price
$3,999,000
Sold Price
$4,100,000
Premium/Discount to List
$101,000
2.53%
Views
12

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
7.02%

Purchase Details

Listed on
Apr 4, 2024
Closed on
Apr 16, 2024
Sold by
Dd 1St Street Group Llc
Bought by
Ghk First Street Llc
Seller's Agent
Tatum Joyce And Tatum Real Esta
Christie's International Real Estate Sereno
Buyer's Agent
Tatum Joyce And Tatum Real Esta
Christie's International Real Estate Sereno
List Price
$3,999,000
Sold Price
$4,100,000
Premium/Discount to List
$101,000
2.53%
Views
12

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
7.17%

Purchase Details

Closed on
Feb 13, 2024
Sold by
Dd 1St Street Group Llc
Bought by
450 First Street Homeowners Association

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
Yan Qiao $1,950,000 First American Title
Esquivel Family Trust $1,975,000 First American Title
Schiftan Family Trust $1,900,000 First American Title
Alan P Naumann And Masami F Naumann Trust $2,320,000 First American Title
Esquivel Family Trust $2,550,000 First American Title
Chan Adeline $1,350,000 First American Title
Foosball Bear Llc $2,150,000 First American Title
Faramarz Nooshiravanrahatabad $611,500 First American Title
Nguyen Mai-Khanh $529,500 First American Title
Franco Lucas Goncalves $2,500,000 First American Title
Ananth Akilan $611,500 First American Title
Kim Anna $231,500 First American Title
Nagpal Varun $447,500 First American Title
Ted Gugolz Revocable Trust $4,100,000 First American Title
Ghk First Street Llc $4,300,000 First American Title
Sadrzadeh Living Trust $4,550,000 First American Title
450 First Street Homeowners Association -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yan Qiao $1,560,000
Closed Esquivel Family Trust $1,481,250
Previous Owner Esquivel Family Trust $2,024,000
Previous Owner Ghk First Street Llc $2,887,500
Previous Owner Chan Adeline $1,012,500
Previous Owner Faramarz Nooshiravanrahatabad --
Previous Owner Ananth Akilan --
Previous Owner Nguyen Mai-Khanh --
Previous Owner Kim Anna --
Previous Owner Nguyen Mai-Khanh $423,583
Previous Owner Faramarz Nooshiravanrahatabad $411,392
Previous Owner Dd 1St Street Group Llc $22,500,000
Previous Owner Kim Anna $161,102
Previous Owner Ananth Akilan $580,800
Closed Nagpal Varun $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2024 05/02/24 Sold $4,100,000 +2.5% $2,406 / Sq Ft
04/10/2024 04/10/24 Pending -- -- --
04/04/2024 04/04/24 For Sale $3,999,000 -- $2,347 / 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 $244,162 $21,375,944 $8,202,344 $13,173,600
2023 $244,162 $12,981,614 $8,041,514 $4,940,100
2022 $93,602 $7,883,838 $7,883,838 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81960015

MLSListings

APN: 167-41-078