NOT LISTED FOR SALE

496 Cherry Ave Los Altos, CA 94022

Estimated Value: $6,907,000 - $8,551,000

4 Beds
4.5 Baths
3,733 Sq Ft
$2,083/Sq Ft Est. Value

Last Sold September 04, 2020

Last sale price $5,900,000 $1,580 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $50,277/month

7 Days on Market

Highlights

  • Fireplace in Primary Bedroom
  • Formal Dining Room
  • Eat-In Kitchen
  • Santa Rita Elementary School Rated A
  • 3 Car Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of September 2020

Set back from the street, this home exudes the storied history of Spanish Revival architecture combined with every luxury for today. Designed by renowned local designers Abigail & Haws, a tiered fountain and creeping vines along with iron railings and reclaimed beams define the entrance. Inside, a warm and welcoming grandeur unfolds with towering ceilings and floating bridge walk to the private master retreat. Three additional bedroom suites,with one located on the ground floor with a private entrance,are ideal for family. Perfect for today's work from home lifestyle is the mezzanine-level library office. Entertaining is complimented by a two story Chef's kitchen an adjoining family room, and a wine cellar with stone walls and vintage beams. Topping it off are the private grounds with ample room for play and enjoyment. Excellent Los Altos schools and the village center are within walking distance.

Last Agent to Sell the Property

Ryan Gowdy

Compass License #01322889 Listed on: 08/17/2020

Compass

Last Buyer's Agent

Roxane Chiang

Giant Realty Inc. License #01460544

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $72,878

Year Built

  • 2007

Lot Details

  • 0.32

Parking

  • 3 Car Detached Garage
  • Off-Street Parking

Home Design

  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,733 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Separate Family Room
  • Living Room with Fireplace
  • 3 Fireplaces
  • Formal Dining Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom

Additional Features

  • 0.32 Acre Lot
  • Forced Air Heating and Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$72,878

Year Built

2007

Lot Details

0

Parking

3

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Age: 13
  • Listing Class: Residential
  • Structure Sq Ft: 3733
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2007

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Burning, Living Room, Primary Bedroom
  • Dining Room: Eat In Kitchen, Formal Dining Room
  • Fireplace: Yes
  • Living Sq Ft: 3733
  • Stories: 2
  • Fireplaces Min: 3
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 3
  • Garage Max: 3
  • Garage Min: 3
  • Garage Parking Features: Attached Garage, Detached Garage, Off-Street 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
  • 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: 0.3220
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 14026.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 14026.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2020
Closed on
Aug 26, 2020
Sold by
Gadre Anil P and Gadre Laurie J
Bought by
Chen Kai and Chen Yan
Seller's Agent
Ryan Gowdy
Compass
Buyer's Agent
Roxane Chiang
Giant Realty Inc.
List Price
$5,998,000
Sold Price
$5,900,000
Premium/Discount to List
-$98,000
-1.63%
Current Estimated Value
$8,073,636

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,173,636
Avg. Annual Appreciation
4.50%

Purchase Details

Closed on
Apr 26, 2007
Sold by
Difranco Sandra
Bought by
Gadre Anil P and Gadre Laurie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.29%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 27, 2005
Sold by
Parsons Linda
Bought by
Parsons Donald L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.27%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 19, 2005
Sold by
Parsons Donald L
Bought by
Difranco Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.27%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 21, 2004
Sold by
Parsons Frank H and Parsons Neyola Ann
Bought by
Parsons Donald L

Purchase Details

Closed on
Oct 8, 2004
Sold by
Parsons Frank H
Bought by
Parsons Donald L

Purchase Details

Closed on
Dec 31, 1998
Sold by
Parsons Rita M
Bought by
Parsons Rita M

Purchase Details

Closed on
Sep 24, 1998
Sold by
Parsons Frank H
Bought by
Parsons Frank H and Parsons Neyola Ann

Purchase Details

Closed on
May 19, 1997
Sold by
Parsons Rita M
Bought by
Parsons Rita M
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Chen Kai $5,900,000 Chicago Title Company
Gadre Anil P $3,550,000 North American Title Company
Parsons Donald L -- Alliance Title Company
Difranco Sandra $1,455,000 Alliance Title Company
Parsons Donald L -- --
Parsons Donald L -- --
Parsons Rita M -- --
Parsons Frank H -- --
Parsons Rita M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Difranco Sandra $500,000
Previous Owner Difranco Sandra $315,000
Previous Owner Difranco Sandra $250,000
Previous Owner Difranco Sandra $2,340,000
Previous Owner Difranco Sandra $250,000
Previous Owner Parsons Donald L $250,000
Previous Owner Difranco Sandra $315,000
Previous Owner Difranco Sandra $914,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2020 09/04/20 Sold $5,900,000 -1.6% $1,580 / Sq Ft
08/25/2020 08/25/20 Pending -- -- --
08/17/2020 08/17/20 For Sale $5,998,000 -- $1,607 / 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 $72,878 $6,261,126 $4,563,194 $1,697,932
2023 $72,080 $6,138,360 $4,473,720 $1,664,640
2022 $71,375 $6,018,000 $4,386,000 $1,632,000
2021 $71,762 $5,900,000 $4,300,000 $1,600,000
2020 $54,080 $4,348,985 $2,511,386 $1,837,599
2019 $51,536 $4,263,712 $2,462,144 $1,801,568
2018 $50,783 $4,180,111 $2,413,867 $1,766,244
2017 $48,852 $4,098,149 $2,366,537 $1,731,612
2016 $47,793 $4,017,794 $2,320,135 $1,697,659
2015 $44,482 $3,714,500 $2,144,900 $1,569,600
2014 $38,989 $3,230,000 $1,865,200 $1,364,800
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2020

    Ryan Gowdy

    Compass

    Section Image

  • R

    Buyer's Agent in 2020

    Roxane Chiang

    Giant Realty Inc.

    (650) 504-5368

    3 in this area

    43 Total Sales

    Section Image
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Map

Source: MLSListings

MLS Number: ML81806574

MLSListings

APN: 167-27-045

California Santa Clara County Los Altos 94022

496 Cherry Ave, Los Altos, CA

This home is located at 496 Cherry Ave, Los Altos, CA 94022 since 17 August 2020 and is currently estimated at $7,776,321, approximately $2,083 per square foot. This property was built in 2007. 496 Cherry Ave 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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