NOT LISTED FOR SALE

Estimated Value: $5,492,000 - $7,725,747

5 Beds
3 Baths
2,968 Sq Ft
$2,374/Sq Ft Est. Value

Last Sold May 31, 2018

Last sale price $3,300,000 $1,112 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $43,365/month

6 Days on Market

Highlights

  • Formal Dining Room
  • 1 Car Attached Garage
  • Separate Family Room
  • Loyola Elementary School Rated A
  • Laundry in Utility Room
  • Wood Burning Fireplace

About This Home

As of May 2018

Remodel or rebuild on 21,000+/- sf lot is set in the desirable Summerhill neighborhood in Unincorporated Los Altos. This property is perched on a hillside with views of the western foothills. MVLAs award-winning schools. 3 bedrooms and 2 bathrooms are in the main house and features a spacious Living room with plenty of windows. Adjacent dining room's sliding glass doors provide access to a broad covered patio featuring a well established wisteria & space for easily accessible outdoor dining and entertaining. There is also a private 2 bedroom/1 bath apartment with separate rear entrance, kitchen and stackable washer and dryer. The well manicured garden includes a green house, valley oaks, live oak, redwood trees & several other California native plants. Nearby are DT Los Altos, Rancho Shopping Center, HWY 280 & Rancho San Antonio. Close proximity to lots of attractions yet feels like you're just far enough away.

Last Agent to Sell the Property

Vicki Ferrando

Intero Real Estate Services License #01418802 Listed on: 04/25/2018

Intero Real Estate Services

Last Buyer's Agent

Ethel Green

Intero Real Estate Services License #00631757

Intero Real Estate Services

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • 0.49 Acre Lot
  • Zoning described as R1E-2

Parking

  • 1 Car Attached Garage

Home Design

  • Slab Foundation
  • Foam Roof

Interior Spaces

  • 2,968 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Separate Family Room
  • Formal Dining Room
  • Electric Cooktop
  • Laundry in Utility Room

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Radiant Heating System
  • Abandoned Septic

Listing and Financial Details

  • Assessor Parcel Number 336-11-033

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 2968
  • Incorporated: Yes
  • Year Built: 1948
  • Zoning Description: R1E-2
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Wood Burning
  • Dining Room: Formal Dining Room
  • Kitchen: Cooktop - Electric
  • Living Sq Ft: 2968
  • Stories: 1
  • Laundry: In Utility Room
  • Flooring: Carpet, Laminate
  • Fireplaces Min: 1
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Foam
  • Construction Type: Cinder Block

Garage/Parking

  • Garage Spaces: 1
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: Radiant
  • Sewer/Septic System: Septic Abandoned, Sewer Connected

Schools

  • High School: 265

Lot Info

  • Parcel Number: 336-11-033
  • Lot Acres: 0.4903
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 21357.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 21357.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2018
Closed on
May 21, 2018
Sold by
Wick Kristen
Bought by
Lu Xinmin and Yang Yanmin
Seller's Agent
Vicki Ferrando
Intero Real Estate Services
Buyer's Agent
Ethel Green
Intero Real Estate Services
List Price
$2,895,000
Sold Price
$3,300,000
Premium/Discount to List
$405,000
13.99%
Current Estimated Value
$7,045,437

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,745,437
Avg. Annual Appreciation
10.42%
Original Mortgage
$1,900,000
Outstanding Balance
$1,620,576
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$5,424,861

Purchase Details

Closed on
Aug 21, 2003
Sold by
Wick Ruth V
Bought by
Wick Ruth and Bradford Wick Family Trust

Purchase Details

Closed on
Nov 24, 1998
Sold by
Wick Bradford H and Wick Ruth V
Bought by
Wick Bradford H and Wick Ruth

Purchase Details

Closed on
Apr 26, 1995
Sold by
Wick Bradford H and Wick Ruth V
Bought by
Wick Bradford H and Wick Ruth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
8.6%

Purchase Details

Closed on
Apr 6, 1995
Sold by
Wick Bradford H and Wick Ruth V
Bought by
Wick Bradford H and Wick Ruth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
8.6%

Purchase Details

Closed on
Apr 13, 1994
Sold by
Wick Bradford H and Wick Ruth V
Bought by
Wick Bradford H and Wick Ruth
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lu Xinmin $3,300,000 Chicago Title Co
Wick Ruth -- --
Wick Ruth -- --
Wick Bradford H -- --
Wick Bradford H -- Commonwealth Land Title Ins
Wick Bradford H -- Commonwealth Land Title Ins
Wick Bradford H -- --
Wick Bradford H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lu Xinmin $1,900,000
Previous Owner Wick Bradford H $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2018 05/31/18 Sold $3,300,000 +14.0% $1,112 / Sq Ft
05/02/2018 05/02/18 Pending -- -- --
04/25/2018 04/25/18 For Sale $2,895,000 -- $975 / 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 $81,343 $7,168,670 $3,527,270 $3,641,400
2024 $81,343 $7,028,108 $3,458,108 $3,570,000
2023 $59,195 $5,049,302 $3,390,302 $1,659,000
2022 $49,707 $4,173,696 $3,323,826 $849,870
2021 $41,705 $3,354,653 $3,258,653 $96,000
2020 $43,320 $3,433,320 $3,225,240 $208,080
2019 $41,075 $3,366,000 $3,162,000 $204,000
2018 $4,488 $265,701 $53,780 $211,921
2017 $4,381 $260,492 $52,726 $207,766
2016 $4,277 $255,386 $51,693 $203,693
2015 $4,298 $251,551 $50,917 $200,634
2014 $4,182 $246,624 $49,920 $196,704
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81702489

MLSListings

APN: 336-11-033