NOT LISTED FOR SALE

490 Cherry Ave Los Altos, CA 94022

Estimated Value: $4,299,000 - $4,828,000

3 Beds
2.5 Baths
1,901 Sq Ft
$2,391/Sq Ft Est. Value

Last Sold May 08, 2024

Last sale price $4,450,000 $2,341 Per Sq Ft

Current estimated payment $24,574/month

14 Days on Market

Highlights

  • Art Studio
  • Solar Power System
  • Jetted Tub in Primary Bathroom
  • Santa Rita Elementary School Rated A
  • Wood Flooring
  • Loft

About This Home

As of May 2024

This impressive turn key, ranch-style home is located on a flag lot with long private driveway. The location is prime, you can easily access the charms of downtown Los Altos, (less than a mile away) with shopping, craft coffee shops, and a variety of restaurants, conveniently. Features: Owned solar. EV charging ready. Central air conditioning. Plantation shutters. Water filtration & softener Refinished hardwood floors. Freshly painted interior-exterior. A spacious primary suite with brand new master bath, new vanity, new countertops, dual sinks, designer lighting, frameless glass walk-in shower. Two additional bedrooms served by a large hall shower and bath w/ jacuzzi tub. The family room offers large doors to allow activities to spill out to a gracious patio surrounded by lush perimeter gardens. Attached 2-car garage has epoxy floors, lined with customized storage cabinets & a built in work bench. Garage has stairs that lead to large attic storage. A stamped concrete driveway is flanked by birch and maple trees, mature landscaping. The entire property is on a timed irrigation & low-voltage lighting system. Off-street parking is abundant. Two exterior sheds provide generous storage. Two garden patios. Top-rated Los Altos schools.

Last Agent to Sell the Property

Scott Philip

Robert Smith, Broker License #01353710 Listed on: 04/02/2024

Last Buyer's Agent

Lei Zhou

Legend Realty & Finance Group License #02068559

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,788

Year Built

  • Built in 1965

Lot Details

  • 0.27 Acre Lot
  • Fenced
  • Flag Lot
  • Zoning described as R1

Parking

  • 2 Car Garage
  • Guest Parking

Home Design

  • Pillar, Post or Pier Foundation
  • Mudsill Foundation
  • Masonry Perimeter Foundation
  • Composition Roof

Interior Spaces

  • 1,901 Sq Ft Home
  • 1-Story Property
  • Separate Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Loft
  • Art Studio
  • Neighborhood Views
  • Crawl Space
  • Eat-In Kitchen

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • Dual Sinks
  • Dual Flush Toilets
  • Jetted Tub in Primary Bathroom
  • Bathtub with Shower

Laundry

  • Laundry in Utility Room
  • Washer and Dryer

Eco-Friendly Details

  • Solar Power System

Utilities

  • Forced Air Heating and Cooling System
  • Individual Gas Meter
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 167-27-054

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,788

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch
  • Age: 59
  • Listing Class: Residential
  • Structure Sq Ft: 1901
  • Year Built: 1965
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room
  • Dining Room: Eat in Kitchen, Formal Dining Room
  • Living Sq Ft: 1901
  • Stories: 1
  • Bedrooms: Ground Floor Bedroom
  • Laundry: In Utility Room, Inside, Washer / Dryer
  • Flooring: Carpet, Hardwood, Tile
  • Additional Rooms: Artist Studio, Den / Study / Office, Loft, Storage
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Dual Flush Toilet, Primary - Tub with Jets, Shower over Tub - 1, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Crawl Space, Masonry Perimeter, Mudsill, Pillars / Posts / Piers
  • Roof: Composition
  • View: Neighborhood
  • Fencing: Fenced

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 8
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Guest / Visitor Parking

Utilities

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

Schools

  • School District: Mountain View-Los Altos Union High
  • High School: Los Altos High
  • High School: 265

Lot Info

  • Lot Description: Flag Lot
  • Parcel Number: 167-27-054
  • Lot Acres: 0.2700
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 11761.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 11761.00

Green Features

  • Energy Features: Solar Power

Multi Family

  • Utilities: Individual Gas Meters, Solar Panels - Owned

MLS Schools

  • High School District Text: Mountain View-Los Altos Union High
  • High School Text: Los Altos High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2024
Closed on
Apr 25, 2024
Sold by
Frank C Cameron Survivors Trust and Hall Laurie Cameron
Bought by
Sun Chenguang and Li Xiaoyue
Seller's Agent
Scott Philip
Robert Smith, Broker
Buyer's Agent
Lei Zhou
Legend Realty & Finance Group
List Price
$4,188,000
Sold Price
$4,450,000
Premium/Discount to List
$262,000
6.26%
Views
32
Current Estimated Value
$4,446,012

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,988
Avg. Annual Appreciation
0.65%
Original Mortgage
$2,670,000
Outstanding Balance
$2,639,471
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$1,846,457

Purchase Details

Closed on
Jan 11, 2023
Sold by
Frank C Cameron Survivors Trust
Bought by
Frank C Cameron Survivors Trust

Purchase Details

Closed on
Feb 10, 2022
Sold by
Cameron Living Trust
Bought by
Frank C Cameron Survivors Trust

Purchase Details

Closed on
Jan 10, 2014
Sold by
Cameron Frank C and Cameron Hyla
Bought by
Cameron Living Trust and Cameron Hyla

Purchase Details

Closed on
Jul 14, 2006
Sold by
Cameron Frank C and Cameron Frank Charles
Bought by
Cameron Frank C and Cameron Hyla

Purchase Details

Closed on
Apr 19, 1996
Sold by
Cameron Frank C and Cameron Frank Charles
Bought by
Cameron Frank C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.84%
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
Sun Chenguang $4,450,000 Lawyers Title Company
Frank C Cameron Survivors Trust -- --
Frank C Cameron Survivors Trust -- Law Offices Of Berge & Berge L
Cameron Living Trust -- None Available
Cameron Frank C -- None Available
Cameron Frank C -- None Available
Cameron Frank C -- None Available
Cameron Frank C -- First American Title Guarant
Cameron Frank C -- First American Title Guarant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sun Chenguang $2,670,000
Previous Owner Cameron Frank C $500,000
Previous Owner Cameron Frank C $500,000
Previous Owner Cameron Frank C $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2024 05/08/24 Sold $4,450,000 +6.3% $2,341 / Sq Ft
04/16/2024 04/16/24 Pending -- -- --
04/02/2024 04/02/24 For Sale $4,188,000 -- $2,203 / 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 $2,788 $153,734 $59,990 $93,744
2023 $2,661 $150,720 $58,814 $91,906
2022 $2,370 $147,765 $57,661 $90,104
2021 $2,313 $144,869 $56,531 $88,338
2020 $2,293 $143,385 $55,952 $87,433
2019 $2,178 $140,574 $54,855 $85,719
2018 $2,227 $137,819 $53,780 $84,039
2017 $2,117 $135,118 $52,726 $82,392
2016 $2,080 $132,470 $51,693 $80,777
2015 $2,120 $130,481 $50,917 $79,564
2014 $1,996 $127,926 $49,920 $78,006
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81959498

MLSListings

APN: 167-27-054