NOT LISTED FOR SALE

Estimated Value: $1,407,000 - $2,047,000

3 Beds
3 Baths
2,536 Sq Ft
$651/Sq Ft Est. Value

Last Sold March 01, 2022

Last sale price $1,393,850 $550 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $10,198/month

163 Days on Market

About This Home

As of March 2022

Perfect Los Altos Location! Lots of Upside Potential in Rents! Great for Owner User and Income! Front SFR Has Private Front and Back Yard with Room for Many RVs and Cars. Short Walk to Shopping, Dining, Regional Park, Golf, Tennis and More! Short Ride to the Marina and Beach! Projections used for analysis.

Last Agent to Sell the Property

Dave Chamberlain

Team Chamberlain Realty Exe. License #00762670 Listed on: 08/22/2021

Team Chamberlain Realty Exe.

Last Buyer's Agent

Jean Shapen

Coldwell Banker Realty License #00614080

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949

Lot Details

  • 9,418 Sq Ft Lot
  • Two or More Common Walls
  • Back Yard

Parking

  • 2 Open Parking Spaces
  • 3 Car Garage

Home Design

  • Property Attached
  • Entry on the 1st floor

Interior Spaces

  • 2,536 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Additional Features

  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Tax Lot 17
  • Tax Tract Number 15865
  • Assessor Parcel Number 7220002017
  • $753 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Los Altos/South Of Fwy Subdivision

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $100
  • Fuel Expense $200
  • Insurance Expense $2,000
  • Trash Expense $2,000
  • Water Sewer Expense $2,000
  • Operating Expense $6,300
  • Gross Income $80,400
  • Net Operating Income $56,760

Property Details

Home Type

Multi-Family

Year Built

Built in 1949

Lot Details

0

Parking

3

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Subdivision Name Other: Los Altos/South of Fwy (LSF)
  • Water Sewer Expenses: 2000.00
  • Zoning: LBR4R
  • Property Type: Residential Income
  • Parcel Number: 7220002017
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 549.63

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 2.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 2000.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 9418.00
  • Lot Size Acres: 0.2162

Multi Family

  • Average1 Bed Area: 600 Square Feet
  • Average2 Bed Area: 900 Square Feet
  • Average Studio Area: 400 Square Feet
  • Electric Expense: 100.00
  • Fuel Expense: 200.00
  • Gross Income: 80400.00
  • Gross Scheduled Income: 80400.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 9418.0000 Square Feet
  • Net Operating Income: 56760.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Range: 4
  • Operating Expense: 23640.00
  • Rent Control: No
  • Total Actual Rent: 4750.00
  • Total Expenses: 6300.00

Tax Info

  • Tax Census Tract: 5749.02
  • Tax Lot: 17
  • Tax Tract Number: 15865
  • TaxOtherAnnualAssessmentAmount: 753.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2021
Closed on
Feb 7, 2022
Sold by
Brandon Lenhart
Bought by
Joyce-Rogers Family Trust
Seller's Agent
Dave Chamberlain
Team Chamberlain Realty Exe.
Buyer's Agent
Jean Shapen
Coldwell Banker Realty
List Price
$1,495,000
Sold Price
$1,393,850
Premium/Discount to List
-$101,150
-6.77%
Current Estimated Value
$1,651,709

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$257,859
Avg. Annual Appreciation
4.50%
Original Mortgage
$400,000
Outstanding Balance
$371,430
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$1,280,279

Purchase Details

Closed on
Jul 2, 2003
Sold by
Pacholka Vickie O and Pacholka Carl J
Bought by
Lenhart Brandon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$564,000
Interest Rate
5.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 28, 2002
Sold by
Freman William C and Freman Rosemary
Bought by
Pacholka Carl J and Pacholka Vickie O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Interest Rate
6.71%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Joyce-Rogers Family Trust $484,909 Orange Coast Title
Lenhart Brandon $705,000 Fidelity Title
Pacholka Carl J $525,000 First Southwestern Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Joyce-Rogers Family Trust $400,000
Previous Owner Lenhart Brandon $564,000
Previous Owner Pacholka Carl J $382,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2022 03/01/22 Sold $1,393,850 -0.4% $550 / Sq Ft
01/31/2022 01/31/22 Price Changed $1,399,000 -3.2% $552 / Sq Ft
10/16/2021 10/16/21 Price Changed $1,445,000 -3.3% $570 / Sq Ft
08/22/2021 08/22/21 For Sale $1,495,000 -- $590 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $18,838 $1,479,323 $1,061,208 $418,115
2024 $18,838 $1,450,317 $1,040,400 $409,917
2023 $18,521 $1,421,880 $1,020,000 $401,880
2022 $11,949 $944,534 $569,401 $375,133
2021 $11,706 $926,015 $558,237 $367,778
2020 $11,673 $916,720 $552,513 $364,207
2019 $11,535 $898,750 $541,680 $357,070
2018 $11,227 $881,132 $531,059 $350,073
2016 $10,330 $846,727 $510,439 $336,288
2015 $9,917 $834,009 $502,772 $331,237
2014 $9,856 $817,673 $492,924 $324,749
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21185445

California Regional Multiple Listing Service (CRMLS)

APN: 7220-002-017