NOT LISTED FOR SALE

480 Lassen St Unit 4 Los Altos, CA 94022

Estimated Value: $1,506,000 - $1,819,000

2 Beds
2 Baths
1,284 Sq Ft
$350/mo HOA Fee

Last Sold June 21, 2018

Last sale price $1,300,000 $1,012 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $10,430/month

8 Days on Market

Highlights

  • Wood Flooring
  • End Unit
  • 1 Car Detached Garage
  • Covington Elementary School Rated A+
  • Formal Dining Room
  • Skylights in Kitchen

About This Home

As of June 2018

Comfort permeates in this spacious end unit condo located in a quaint 6 unit complex.The living room has a gas fireplace & sliding doors leading to an inviting balcony.Off the kitchen is a formal dining room that could be used as a 3rd bedroom. Other amentities include wood flooring throughout, recessed lighting, 2 skylights, air conditioning, fresh paint, in-unit laundry, one car garage & low HOA fees that include earthquake insurance.Adding to the appeal- this home is mere minutes from much sought after Los Altos schools, parks & just steps from the charming Los Altos Village with it's fine dining, shopping, library & popular Farmer's Market.

Last Agent to Sell the Property

Dana Willson

Coldwell Banker Realty License #01292552 Listed on: 05/15/2018

Coldwell Banker Realty

Last Buyer's Agent

Pat McNulty

Coldwell Banker Realty License #01714085

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $18,007

Year Built

  • Built in 1975

Lot Details

  • 1,255

HOA Fees

  • $350 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Assigned Parking

Home Design

  • Composition Roof

Interior Spaces

  • 1,284 Sq Ft Home
  • 1-Story Property
  • Skylights in Kitchen
  • Gas Fireplace
  • Living Room with Fireplace
  • Formal Dining Room

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher
  • Tile Countertops

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer and Dryer

Additional Features

  • End Unit
  • Forced Air Heating and Cooling System

Community Details

  • Association fees include common area electricity, common area gas, exterior painting, garbage, insurance, insurance - earthquake, landscaping / gardening, roof
  • 480 Lassen Condo's Association

Listing and Financial Details

  • Assessor Parcel Number 170-53-004

Property Details

Home Type

Condominium

Est. Annual Taxes

$18,007

Year Built

Built in 1975

Lot Details

0

HOA Fees

$350 per month

Parking

1

Listing Details

  • Subclass: Condominium
  • Age: 43
  • Listing Class: Residential
  • Max Numberof Unitsin Building: 6
  • Structure Sq Ft: 1284
  • Incorporated: Yes
  • Year Built: 1975
  • Zoning Description: R318
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Burning, Living Room
  • Dining Room: Formal Dining Room
  • Kitchen: Countertop - Tile, Dishwasher, Microwave, Oven Range - Electric, Refrigerator, Skylight
  • Living Sq Ft: 1284
  • Stories: 1
  • Laundry: Inside, Washer / Dryer
  • Flooring: Laminate, Vinyl / Linoleum, Wood
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: Yes

Exterior Features

  • Roof: Composition

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Assigned Spaces, Attached Garage, Detached Garage

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 350
  • HOA Documents: Budget, CC&RS
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Common Area Gas, Exterior Painting, Garbage, Insurance, Insurance - Earthquake, Landscaping / Gardening, Roof
  • H O A Name Text: 480 Lassen Condo's
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Skylight, Walk-in Closet

Schools

  • School District: Mountain View-Los Altos Union High
  • Elementary School: Covington Elementary
  • Middle School: Ardis G. Egan Intermediate
  • High School: Los Altos High
  • High School: 265
  • Elementary School: 130
  • Middle School: 133

Lot Info

  • Parcel Number: 170-53-004
  • Lot Acres: 0.0288
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1255.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1255.00

Multi Family

  • Utilities: Public Utilities
  • Maximum Building Height: 2
  • Minimum Building Height: 2
  • Unit Features: End Unit

MLS Schools

  • High School District Text: Mountain View-Los Altos Union High
  • Elementary School Text: Covington 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
May 15, 2018
Closed on
Jun 20, 2018
Sold by
Nelson Cary Cramer
Bought by
Liu Zhiyi and Li Pu
Seller's Agent
Dana Willson
Coldwell Banker Realty
Buyer's Agent
Pat McNulty
Coldwell Banker Realty
List Price
$1,148,000
Sold Price
$1,300,000
Premium/Discount to List
$152,000
13.24%
Total Days on Market
8
Current Estimated Value
$1,616,412

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$316,412
Avg. Annual Appreciation
3.17%
Original Mortgage
$780,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 16, 2003
Sold by
Cohn Donald S and Woolson Cohn Claudia H
Bought by
Nelson Cary Cramer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,000
Interest Rate
6.17%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Apr 11, 2000
Sold by
Wilkerson Vicki P and Wilkerson Vernon L
Bought by
Cohn Donald S and Woolson Cohn Claudia H
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
Liu Zhiyi $13,000,000 Chicago Title Co
Nelson Cary Cramer $520,000 Old Republic Title Company
Cohn Donald S $550,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liu Zhiyi $748,700
Closed Liu Zhiyi $769,000
Closed Liu Zhiyi $780,000
Previous Owner Nelson Cary Cramer $380,000
Previous Owner Nelson Cary Cramer $390,000
Previous Owner Nelson Cary Cramer $326,000
Previous Owner Wilkerson Vicki P $285,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2018 06/21/18 Sold $1,300,000 +13.2% $1,012 / Sq Ft
05/24/2018 05/24/18 Pending -- -- --
05/15/2018 05/15/18 For Sale $1,148,000 0.0% $894 / Sq Ft
06/10/2014 06/10/14 Rented $3,500 0.0% --
05/29/2014 05/29/14 Under Contract -- -- --
05/16/2014 05/16/14 For Rent $3,500 -- --
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 $18,007 $1,450,172 $725,086 $725,086
2023 $17,687 $1,421,738 $710,869 $710,869
2022 $17,494 $1,393,862 $696,931 $696,931
2021 $17,561 $1,366,532 $683,266 $683,266
2020 $17,664 $1,352,520 $676,260 $676,260
2019 $16,933 $1,326,000 $663,000 $663,000
2018 $9,041 $649,766 $324,883 $324,883
2017 $8,730 $637,026 $318,513 $318,513
2016 $8,515 $624,536 $312,268 $312,268
2015 $8,402 $615,156 $307,578 $307,578
2014 $8,298 $603,106 $301,553 $301,553
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81705680

MLSListings

APN: 170-53-004