NOT LISTED FOR SALE

498 Los Ninos Way Los Altos, CA 94022

Estimated Value: $6,629,000 - $7,464,000

5 Beds
5.5 Baths
3,711 Sq Ft
$1,926/Sq Ft Est. Value

Last Sold May 16, 2017

Last sale price $4,720,000 $1,272 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $43,114/month

7 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Wine Refrigerator
  • Almond Elementary School Rated A+
  • High Ceiling
  • Circular Fireplace

About This Home

As of May 2017

New construction in prime north Los Altos location, this stunning magnificent home is a masterful blend of designer appeal and luxurious comfort. It features 5 suite bedrooms, formal entry, high ceilings, open floor plans, luxury mater suites with spacious walk-in closet, stylish kitchen with custom cabinets and high-end appliances, formal dining room, furnished laundry room, superior hardwood flooring, multi-zone home entertainment system, security/alarm system with multiple cameras, hi-tech Nest heating and cooling system, sought-after neighborhood, minutes away from Los Altos downtown, top rated schools. You absolutely do not want to miss this great opportunity!

Last Agent to Sell the Property

Jerry Kwok

Pacific Realty Investment Group License #01882477 Listed on: 04/12/2017

Last Buyer's Agent

Andrew Orion

Intero Real Estate Services License #01903703

Intero Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $62,630

Year Built

  • 2017

Lot Details

  • 10,803 Sq Ft Lot
  • Sprinklers on Timer
  • Back Yard

Parking

  • 2 Car Attached Garage
  • Electric Vehicle Home Charger
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Ceiling Insulation
  • Concrete Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,711 Sq Ft Home
  • 1-Story Property
  • Entertainment System
  • High Ceiling
  • Whole House Fan
  • Skylights
  • Circular Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Separate Family Room
  • Formal Dining Room
  • Washer and Dryer

Kitchen

  • Built-In Oven
  • Range Hood
  • Warming Drawer
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Home Security

  • Alarm System
  • Fire and Smoke Detector
  • Fire Sprinkler System

Outdoor Features

  • Deck

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Tankless Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$62,630

Year Built

2017

Lot Details

0

Parking

2

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 3711
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2017

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Burning, Gas Starter
  • Dining Room: Formal Dining Room
  • Kitchen: Dishwasher, Garbage Disposal, Hood Over Range, Island With Sink, Microwave, Oven Range - Built-In, Refrigerator, Warming Drawer, Wine Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 3711
  • Stories: 1
  • Security: Closed Circuit Monitoring (24-Hour), Fire Alarm, Fire System - Sprinkler, Security Alarm
  • Laundry: Hookup - Washer/Dryer, Washer / Dryer
  • Flooring: Hardwood, Tile
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Concrete
  • Yard/Grounds: Back Yard, Deck, Sprinklers - Auto

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Electric Car Hookup, Gate / Door Opener, Off-Street Parking

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air, Fireplace, Heating - 2+ Units, Heating - 2+ Zones
  • Sewer/Septic System: Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Skylight, Video / Audio System, Walk-In Closet

Schools

  • School District: Mountain View-Los Altos Union High
  • Elementary School: Almond Elementary
  • Middle School: Ardis G. Egan Intermediate
  • High School: Los Altos High
  • High School: 265
  • Elementary School: 128
  • Middle School: 133

Lot Info

  • Lot Acres: 0.2480
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 10800.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 10800.00

Green Features

  • Energy Features: Ceiling Insulation, Double Pane Windows, Skylight, Tankless Water Heater, Whole House Fan

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2017
Closed on
May 10, 2017
Sold by
Los Ninos Venture Llc
Bought by
Kirmani Ghulam A and Colaco Andrea B
Seller's Agent
Jerry Kwok
Pacific Realty Investment Group
Buyer's Agent
Andrew Orion
Intero Real Estate Services
List Price
$4,498,000
Sold Price
$4,720,000
Premium/Discount to List
$222,000
4.94%
Current Estimated Value
$7,147,554

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,427,554
Avg. Annual Appreciation
5.00%
Original Mortgage
$2,400,000
Interest Rate
2.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
May 27, 2015
Closed on
Jun 17, 2015
Sold by
Rocklitz Alan H
Bought by
Los Ninos Venture Llc
Seller's Agent
Susan Kramer
Intero Real Estate Services
Buyer's Agent
Jerry Kwok
Pacific Realty Investment Group
List Price
$2,195,000
Sold Price
$2,600,000
Premium/Discount to List
$405,000
18.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.87%

Purchase Details

Closed on
Jun 4, 2007
Sold by
Rocklitz Marian
Bought by
Rocklitz Marian and Rocklitz Alan H

Purchase Details

Closed on
Feb 22, 2001
Sold by
Rocklitz Harold C and Rocklitz Rose Marian
Bought by
Rocklitz Harold C and Rocklitz Marian
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
Kirmani Ghulam A $4,720,000 Old Republic Title Company
Los Ninos Venture Llc $2,600,000 First American Title Company
Rocklitz Marian -- None Available
Rocklitz Harold C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kirmani Ghulam A $2,400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2017 05/16/17 Sold $4,720,000 +4.9% $1,272 / Sq Ft
04/20/2017 04/20/17 Pending -- -- --
04/12/2017 04/12/17 For Sale $4,498,000 +73.0% $1,212 / Sq Ft
06/23/2015 06/23/15 Sold $2,600,000 +18.5% $1,487 / Sq Ft
06/04/2015 06/04/15 Pending -- -- --
05/27/2015 05/27/15 For Sale $2,195,000 -- $1,255 / 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 $62,630 $5,477,960 $3,249,639 $2,228,321
2024 $62,630 $5,370,550 $3,185,921 $2,184,629
2023 $62,467 $5,265,246 $3,123,452 $2,141,794
2022 $61,953 $5,162,007 $3,062,208 $2,099,799
2021 $62,436 $5,060,792 $3,002,165 $2,058,627
2020 $63,339 $5,008,901 $2,971,382 $2,037,519
2019 $59,062 $4,910,688 $2,913,120 $1,997,568
2018 $58,180 $4,814,400 $2,856,000 $1,958,400
2017 $38,887 $3,227,893 $2,685,193 $542,700
2016 $31,932 $2,639,649 $2,632,543 $7,106
2015 $3,252 $158,905 $46,879 $112,026
2014 -- $155,793 $45,961 $109,832
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81646454

MLSListings

APN: 170-17-025