NOT LISTED FOR SALE

481 Patrick Way Los Altos, CA 94022

Estimated Value: $4,439,000 - $5,353,000

4 Beds
3 Baths
1,943 Sq Ft
$2,560/Sq Ft Est. Value

Last Sold March 29, 2022

Last sale price $4,815,000 $2,478 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $30,259/month

5 Days on Market

Highlights

  • Open to Family Room
  • Double Pane Windows
  • Dining Area
  • Santa Rita Elementary School Rated A
  • Forced Air Heating System
  • 1-Story Property

About This Home

As of March 2022

This 4 bedroom, 3 bath home is located in a sought-after North L.A. location. The family room/kitchen is beautifully presented with wood cabinetry, complete with a center island & eating area for casual dining. Chef's appliances include a Viking stove & dishwasher & Kitchen Aid refrigerator. Easy access to the backyard. Upgrades throughout include windows, roof, remodeled master bath & updated hall bath. Hardwood floors throughout. Desirable floor plan with one bedroom & bath separated from the other three. Living & dining area are open & bright. Private backyard with studio, that can be utilized as a hobby area.

Last Agent to Sell the Property

Ethel Green

Intero Real Estate Services License #00631757 Listed on: 03/03/2022

Intero Real Estate Services

Last Buyer's Agent

Suzanne Freeze-Manning

Coldwell Banker Realty License #01347405

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $50,631

Year Built

  • 1961

Lot Details

  • 10,062

Parking

  • 2 Car Garage

Home Design

  • Composition Roof

Interior Spaces

  • 1,943 Sq Ft Home
  • 1-Story Property
  • Skylights in Kitchen
  • Double Pane Windows
  • Dining Area
  • Crawl Space

Kitchen

  • Open to Family Room
  • Gas Oven
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Additional Features

  • 10,062 Sq Ft Lot
  • Forced Air Heating System

Home Details

Home Type

Single Family

Est. Annual Taxes

$50,631

Year Built

1961

Lot Details

0

Parking

2

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Style: Ranch
  • Age: 61
  • Listing Class: Residential
  • Structure Sq Ft: 1943
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1961

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Dining Room: Dining Area
  • Kitchen: Dishwasher, Garbage Disposal, Hood Over Range, Microwave, Oven Range - Gas, Refrigerator, Skylight
  • Living Sq Ft: 1943
  • Stories: 1
  • Laundry: Dryer, Inside, Washer
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bedrooms: 4

Exterior Features

  • Foundation: Crawl Space
  • Roof: Composition

Garage/Parking

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

Utilities

  • Heating System: Forced Air
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: Mountain View-Los Altos Union High
  • Elementary School: Santa Rita Elementary
  • Middle School: Ardis G. Egan Intermediate
  • High School: Los Altos High
  • High School: 265
  • Elementary School: 136
  • Middle School: 133

Lot Info

  • Lot Acres: 0.2310
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 10063.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 10063.00

Green Features

  • Energy Features: Double Pane Windows

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2022
Closed on
Mar 11, 2022
Sold by
Revocab Yi-Ben and Revocab Chu-Jen
Bought by
Mannermaa Mika and Mannermaa Aree
Seller's Agent
Ethel Green
Intero Real Estate Services
Buyer's Agent
Suzanne Freeze-Manning
Coldwell Banker Realty
List Price
$3,698,000
Sold Price
$4,815,000
Premium/Discount to List
$1,117,000
30.21%
Current Estimated Value
$4,756,035

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$58,965
Avg. Annual Appreciation
-1.07%
Original Mortgage
$4,000,000
Outstanding Balance
$3,767,863
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$875,647

Purchase Details

Listed on
Mar 3, 2022
Closed on
Feb 18, 2022
Sold by
Yi-Ben Tsai
Bought by
Yi-Ben Tsai And Chu-Jen Hsu Tsai Revocable Tr and Ts Chu-Jen
Seller's Agent
Ethel Green
Intero Real Estate Services
Buyer's Agent
Suzanne Freeze-Manning
Coldwell Banker Realty
List Price
$3,698,000
Sold Price
$4,815,000
Premium/Discount to List
$1,117,000
30.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000,000
Outstanding Balance
$3,767,863
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$875,647

Purchase Details

Listed on
Mar 3, 2022
Closed on
Feb 17, 2022
Sold by
Revocab Yi-Ben and Revocab Chu-Jen
Bought by
Yi-Ben Tsai And Chu-Jen Hsu Tsai Revocable Tr and Ts Chu-Jen
Seller's Agent
Ethel Green
Intero Real Estate Services
Buyer's Agent
Suzanne Freeze-Manning
Coldwell Banker Realty
List Price
$3,698,000
Sold Price
$4,815,000
Premium/Discount to List
$1,117,000
30.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000,000
Outstanding Balance
$3,767,863
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$875,647

Purchase Details

Closed on
Mar 22, 2005
Sold by
Tsai Yi Ben and Tsai Chu Jen H
Bought by
Tsai Yi Ben and Tsai Chu Jen Hsu
Source: Public Records

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
Mannermaa Mika $4,815,000 Chicago Title
Yi-Ben Tsai And Chu-Jen Hsu Tsai Revocable Tr -- --
Yi-Ben Tsai And Chu-Jen Hsu Tsai Revocable Tr -- Rivin & Stikker Llp
Yi-Ben Tsai And Chu-Jen Hsu Tsai Revocable Tr -- --
Tsai Yi Ben -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ts Yi-Ben $4,000,000
Closed Mannermaa Mika $3,852,000
Previous Owner Tsai Yi Ben $625,000
Previous Owner Tsai Yi Ben $688,000
Previous Owner Tsai Yi Ben $500,000
Previous Owner Tsai Yi Ben $500,000
Previous Owner Tsai Yi Ben $211,026
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2022 03/29/22 Sold $4,815,000 +30.2% $2,478 / Sq Ft
03/09/2022 03/09/22 Pending -- -- --
03/03/2022 03/03/22 For Sale $3,698,000 -- $1,903 / 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 $50,631 $4,300,000 $3,950,000 $350,000
2023 $49,824 $4,170,000 $3,823,500 $346,500
2022 $11,098 $809,479 $441,537 $367,942
2021 $10,844 $793,608 $432,880 $360,728
2020 $10,898 $785,472 $428,442 $357,030
2019 $11,106 $770,072 $420,042 $350,030
2018 $10,284 $754,973 $411,806 $343,167
2017 $9,961 $740,171 $403,732 $336,439
2016 $9,842 $725,659 $395,816 $329,843
2015 $9,893 $714,760 $389,871 $324,889
2014 $9,441 $700,759 $382,234 $318,525
Source: Public Records

Agents Affiliated with this Home

  • Ethel Green

    Seller's Agent in 2022

    Ethel Green

    Intero Real Estate Services

    (650) 947-4757

    10 in this area

    16 Total Sales

    Section Image
  • Suzanne Freeze-Manning

    Buyer's Agent in 2022

    Suzanne Freeze-Manning

    Coldwell Banker Realty

    (408) 623-5599

    7 in this area

    56 Total Sales

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Map

Source: MLSListings

MLS Number: ML81880657

MLSListings

APN: 167-27-025

California Santa Clara County Los Altos 94022

481 Patrick Way, Los Altos, CA

This home is located at 481 Patrick Way, Los Altos, CA 94022 since 03 March 2022 and is currently estimated at $4,974,634, approximately $2,560 per square foot. This property was built in 1961. 481 Patrick Way is a home located in Santa Clara County with nearby schools including Santa Rita Elementary School, Ardis G. Egan Junior High School, and Los Altos High School.

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