NOT LISTED FOR SALE

470 Arboleda Dr Los Altos, CA 94024

Estimated Value: $2,872,000 - $4,778,000

4 Beds
2 Baths
1,839 Sq Ft
$2,289/Sq Ft Est. Value

Last Sold February 21, 2020

Last sale price $3,170,000 $1,724 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $26,998/month

4 Days on Market

Highlights

  • Wood Flooring
  • Breakfast Room
  • Bathtub with Shower
  • Covington Elementary School Rated A+
  • Balcony
  • Laundry in Utility Room

About This Home

As of February 2020

Warm and wonderful immaculate family home! Updated and ready to move in with clean white tile kitchen, refinished hardwood floors, and new paint, updated baths, and an excellent floorpan! Light, bright, and sunny southern exposure, beautiful oaks and redwoods, low maintenance yard, entertainer's patio, and a huge backyard to watch the kids play, garden, or enjoy the quiet serenity! Prime location: walk a minute to Covington elementary, Rosita Park, and a few minutes more to downtown Los Altos with all of its events Bike to Google, Apple, Facebook, and to all the great companies Top Los Altos schools: Covington, Blach, Los Altos High Do not miss this one!

Last Agent to Sell the Property

Eric Fischer-Colbrie

Intero Real Estate Services License #00922040 Listed on: 01/22/2020

Intero Real Estate Services

Last Buyer's Agent

Sue Cheng

Intero Real Estate Services License #02027196

Intero Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $40,367

Year Built

  • 1950

Lot Details

  • 10,476 Sq Ft Lot
  • Fenced
  • Grass Covered Lot
  • Back Yard

Parking

  • 2 Car Garage

Home Design

  • Wood Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,839 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Breakfast Room
  • Dining Area
  • Crawl Space
  • Laundry in Utility Room

Kitchen

  • Electric Oven
  • Range Hood
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Additional Features

  • Balcony
  • Forced Air Heating System

Home Details

Home Type

Single Family

Est. Annual Taxes

$40,367

Year Built

1950

Lot Details

0

Parking

2

Listing Details

  • Zoning: R110
  • Subclass: Single Family Home
  • Style: Ranch
  • Age: 70
  • Listing Class: Residential
  • Structure Sq Ft: 1839
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1950

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Breakfast Room, Dining "L", Dining Area
  • Kitchen: Dishwasher, Hood Over Range, Oven Range - Electric, Pantry, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 1839
  • Stories: 1
  • Bedrooms: Primary Bedroom On Ground Floor
  • Laundry: In Utility Room
  • Flooring: Hardwood, Tile
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Bathroom: Shower Over Tub - 1, Stall Shower

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space
  • Roof: Wood Shakes / Shingles
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced, Low Maintenance
  • Fencing: Fenced

Garage/Parking

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

Utilities

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

Schools

  • School District: Mountain View-Los Altos Union High
  • Elementary School: Covington Elementary
  • Middle School: Georgina P. Blach Intermediate
  • High School: Los Altos High
  • High School: 265
  • Elementary School: 130
  • Middle School: 129

Lot Info

  • Lot Acres: 0.2405
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 10477.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 10477.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2020
Closed on
Jan 20, 2020
Sold by
Mcgowan Michael J
Bought by
Zhang Wei
Seller's Agent
Eric Fischer-Colbrie
Intero Real Estate Services
Buyer's Agent
Sue Cheng
Intero Real Estate Services
List Price
$3,195,000
Sold Price
$3,170,000
Premium/Discount to List
-$25,000
-0.78%
Total Days on Market
4
Current Estimated Value
$4,210,107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,040,107
Avg. Annual Appreciation
4.98%
Original Mortgage
$2,000,000
Outstanding Balance
$1,730,608
Interest Rate
2%
Mortgage Type
New Conventional
Estimated Equity
$2,368,471

Purchase Details

Closed on
Jun 4, 2019
Sold by
Wilfred J Mcgowan Residual Trust
Bought by
Catherine I Mcgowan Survivor S Trust
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
Zhang Wei $3,170,000 Chicago Title Company
Catherine I Mcgowan Survivor S Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Wei $750,000
Open Zhang Wei $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2020 02/21/20 Sold $3,170,000 -0.8% $1,724 / Sq Ft
01/27/2020 01/27/20 Pending -- -- --
01/22/2020 01/22/20 For Sale $3,195,000 -- $1,737 / 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 $40,367 $3,398,877 $3,228,935 $169,942
2023 $39,955 $3,332,233 $3,165,623 $166,610
2022 $39,458 $3,266,896 $3,103,552 $163,344
2021 $39,563 $3,202,841 $3,042,699 $160,142
2020 $3,000 $128,599 $49,190 $79,409
2019 $2,406 $126,078 $48,226 $77,852
2018 $1,939 $123,607 $47,281 $76,326
2017 $1,914 $121,184 $46,354 $74,830
2016 $1,884 $118,809 $45,446 $73,363
2015 $1,943 $117,026 $44,764 $72,262
2014 $1,885 $114,735 $43,888 $70,847
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81779864

MLSListings

APN: 189-50-008