NOT LISTED FOR SALE

488 Gabilan St Los Altos, CA 94022

Estimated Value: $2,008,000 - $2,462,000

3 Beds
2.5 Baths
1,600 Sq Ft
$1,374/Sq Ft Est. Value

Last Sold December 03, 2021

Last sale price $2,150,000 $1,344 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $14,342/month

173 Days on Market

Highlights

  • Wine Cellar
  • Two Primary Bedrooms
  • End Unit
  • Covington Elementary School Rated A+
  • Fireplace in Primary Bedroom
  • High Ceiling

About This Home

As of December 2021

Enjoy the lifestyle of living just blocks from downtown Los Altos and in the heart of Silicon Valley. This stately Tuscan inspired townhome is beautifully designed for todays living. The quality construction includes fine finishes and custom, hand crafted details that provide a comfortable yet elegant lifestyle. Located in a quiet neighborhood, this 3 bedroom, 2-1/2 bath end-unit is move-in ready. Low HOA Fees at $433/mo. Townhome has great gated side yard, like your own small playground. Great end unit location, 2 car private garage and with extensive natural lighting.

Last Agent to Sell the Property

David Koehler

Coldwell Banker Realty License #01406169 Listed on: 05/13/2021

Coldwell Banker Realty

Last Buyer's Agent

Melanie Yu

Redfin License #01974510

Redfin

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $27,012

Year Built

  • 1998

Lot Details

  • 775 Sq Ft Lot
  • End Unit
  • South Facing Home
  • Grass Covered Lot

HOA Fees

  • $433 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,600 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Skylights
  • Garden Windows
  • Wine Cellar
  • Family Room with Fireplace
  • 2 Fireplaces
  • Combination Dining and Living Room
  • Carpet
  • Alarm System
  • Laundry on upper level

Kitchen

  • Open to Family Room
  • Built-In Oven
  • Microwave
  • Ice Maker

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Double Master Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • Granite Bathroom Countertops
  • Dual Sinks

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Individual Gas Meter
  • Sewer Within 50 Feet

Community Details

  • Association fees include exterior painting, garbage, insurance - structure, landscaping / gardening, maintenance - common area, maintenance - exterior, maintenance - road, reserves
  • Tuscany Of Los Altos Association

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$27,012

Year Built

1998

Lot Details

0

HOA Fees

$433 per month

Parking

2

Listing Details

  • Zoning: R318
  • Subclass: Townhouse
  • Age: 23
  • Listing Class: Residential
  • Structure Sq Ft: 1600
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 1998

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Family Room, Primary Bedroom
  • Dining Room: Dining Area In Living Room
  • Kitchen: Ice Maker, Microwave, Oven - Built-In, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 1600
  • Stories: 2
  • Security: Security Alarm
  • Bedrooms: More Than One Primary Bedroom, Walk-In Closet
  • Laundry: Upper Floor
  • Flooring: Carpet
  • Additional Rooms: Wine Cellar / Storage
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Granite, Half On Ground Floor

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Tile
  • Yard/Grounds: Balcony / Patio, Low Maintenance
  • Property Faces: South
  • Construction Type: Stucco, Wood Frame

Garage/Parking

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

Utilities

  • Cooling System: Central Ac
  • Heating System: Forced Air
  • Sewer/Septic System: Sewer In Street

Condo/Co-op/Association

  • HOA Fees: 433
  • HOA Documents: Articles Of Incorporation, Bylaws, Cc&rs, Minutes, Reserve Study
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Exterior Painting, Garbage, Insurance - Structure, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Maintenance - Road, Reserves
  • HOA Exist: Yes
  • H O A Name Text: Tuscany of Los Altos Association

Association/Amenities

  • Amenities Miscellaneous: Garden Window, High Ceiling, Skylight, Walk-In Closet

Schools

  • School District: Mountain View-Los Altos Union High

Lot Info

  • Lot Acres: 0.0178
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 776.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 776.00

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Unit Features: End Unit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2021
Closed on
Nov 24, 2021
Sold by
Schena Mark A and Schena Rene A
Bought by
Kanaparthi Gautam and Pathan Shamma
Seller's Agent
David Koehler
Coldwell Banker Realty
Buyer's Agent
Melanie Yu
Redfin
List Price
$2,488,000
Sold Price
$2,150,000
Premium/Discount to List
-$338,000
-13.59%
Current Estimated Value
$2,198,798

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,798
Avg. Annual Appreciation
0.59%
Original Mortgage
$1,600,000
Outstanding Balance
$1,471,186
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$727,612

Purchase Details

Closed on
May 1, 2000
Sold by
Tyler Michael A and Schustack Amy L
Bought by
Schena Mark A and Schena Rene A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
4.75%

Purchase Details

Closed on
Apr 17, 1999
Sold by
Bellissimo Properties Llc
Bought by
Tyler Michael A and Schustack Amy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$615,500
Interest Rate
6.87%
Source: Public Records

Range of Values:

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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
Kanaparthi Gautam $2,150,000 Old Republic Title Company
Schena Mark A -- Chicago Title Co
Tyler Michael A -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kanaparthi Gautam $1,600,000
Previous Owner Schena Mark A $720,000
Previous Owner Tyler Michael A $615,500
Closed Tyler Michael A $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2021 12/03/21 Sold $2,150,000 0.0% $1,344 / Sq Ft
11/02/2021 11/02/21 Pending -- -- --
10/05/2021 10/05/21 Price Changed $2,150,000 -6.0% $1,344 / Sq Ft
08/12/2021 08/12/21 Price Changed $2,288,000 -8.0% $1,430 / Sq Ft
05/13/2021 05/13/21 For Sale $2,488,000 -- $1,555 / 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 $27,012 $2,281,596 $1,140,798 $1,140,798
2024 $27,012 $2,236,860 $1,118,430 $1,118,430
2023 $26,581 $2,193,000 $1,096,500 $1,096,500
2022 $26,405 $2,150,000 $1,075,000 $1,075,000
2021 $16,589 $1,277,931 $567,969 $709,962
2020 $16,719 $1,264,829 $562,146 $702,683
2019 $15,979 $1,240,029 $551,124 $688,905
2018 $15,721 $1,215,716 $540,318 $675,398
2017 $15,149 $1,191,879 $529,724 $662,155
2016 $14,803 $1,168,510 $519,338 $649,172
2015 $14,563 $1,150,959 $511,538 $639,421
2014 $14,424 $1,128,414 $501,518 $626,896
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81843621

MLSListings

APN: 170-39-082