NOT LISTED FOR SALE

50 Parsons Way Los Altos, CA 94022

Estimated Value: $3,601,000 - $7,377,950

3 Beds
3 Baths
2,626 Sq Ft
$1,929/Sq Ft Est. Value

Last Sold October 28, 2015

Last sale price $2,290,000 $872 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $28,584/month

15 Days on Market

Highlights

  • Solar Heated In Ground Pool
  • Vaulted Ceiling
  • Loft
  • Almond Elementary School Rated A+
  • Wood Flooring
  • Den

About This Home

As of October 2015

Fabulous contemporary in the heart of North Los Altos. Soaring ceilings, spacious rooms, light & airy all bring a majestic tranquil feeling to this special home. featuring hardwood floors, huge master suite, separate loft family room ,separate office.over sized 2 car garage with separate workshop. Huge cul de sac lot with 2 patio areas a sparkling . Located a short stroll to downtown and schools yet on a private secluded street. Perfect opportunity to remodel and expand.

Last Agent to Sell the Property

Gary Herbert

Compass License #00762521 Listed on: 09/16/2015

Compass

Last Buyer's Agent

Shilpa Merchant

Compass License #01112533

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,911

Year Built

  • Built in 1960

Lot Details

  • 0.27 Acre Lot
  • Wood Fence
  • Pie Shaped Lot
  • Back Yard
  • Zoning described as R1

Parking

  • 2 Car Garage
  • Workshop in Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Wood Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,626 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Formal Entry
  • Separate Family Room
  • Dining Area
  • Den
  • Loft
  • Bonus Room
  • Workshop
  • Unfinished Basement

Kitchen

  • Electric Oven
  • Range Hood
  • Plumbed For Ice Maker
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Pool

  • Solar Heated In Ground Pool
  • Gunite Pool

Outdoor Features

  • Balcony
  • Barbecue Area

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • 220 Volts

Listing and Financial Details

  • Assessor Parcel Number 170-47-047

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,911

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 55
  • Listing Class: Residential
  • Structure Sq Ft: 2626
  • Year Built: 1960
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Wood Burning
  • Dining Room: Dining Area
  • Kitchen: 220 Volt Outlet, Countertop - Tile, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Hookups - Ice Maker, Oven - Electric
  • Living Sq Ft: 2626
  • Stories: 2
  • Laundry: Hookup - Electric, Washer / Dryer
  • Flooring: Carpet, Hardwood, Tile
  • Additional Rooms: Basement - Unfinished, Bonus / Hobby Room, Den / Study / Office, Formal Entry, Laundry Room, Loft, Workshop
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Pool - Gunite, Heated - Solar, Pool - In Ground
  • Roof: Wood Shakes / Shingles
  • Yard/Grounds: Back Yard, Balcony / Patio, BBQ Area, Fenced
  • Pool: Yes
  • Fencing: Wood
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Gate / Door Opener, Workshop in Garage

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Vaulted Ceiling, 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 Description: Pie Shaped
  • Parcel Number: 170-47-047
  • Lot Acres: 0.2710
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 11786.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 11786.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 5, 2016
Sold by
Rangappa Sridhar and Krishnappa Amitha
Bought by
Rangappa Sridhar and Krishnappa Amitha
Current Estimated Value
$4,694,149

Purchase Details

Listed on
Sep 16, 2015
Closed on
Oct 21, 2015
Sold by
Morrison Keith G
Bought by
Krishnappa Amitha and Rangappa Sridhar
Seller's Agent
Gary Herbert
Compass
Buyer's Agent
Shilpa Merchant
Compass
List Price
$2,599,000
Sold Price
$2,290,000
Premium/Discount to List
-$309,000
-11.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.31%
Original Mortgage
$1,832,000
Outstanding Balance
$1,456,634
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$2,711,230

Purchase Details

Closed on
Aug 23, 2006
Sold by
Morrison Keith H and Morrison Ellen R
Bought by
Morrison Keith H and Morrison Ellen R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,000
Interest Rate
6.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 1996
Sold by
Morrison Keith H and Morrison Ellen R
Bought by
Morrison Keith H and Morrison Ellen A
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
Rangappa Sridhar -- None Available
Krishnappa Amitha $2,290,000 Old Republic Title Company
Morrison Keith H -- First American Title Company
Morrison Keith H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rangappa Sridhar $800,000
Open Krishnappa Amitha $1,832,000
Previous Owner Morrison Keith H $3,742,500
Previous Owner Morrison Keith H $938,250
Previous Owner Morrison Keith H $84,000
Previous Owner Morrison Keith H $355,000
Previous Owner Morrison Keith H $350,000
Previous Owner Morrison Keith H $253,000
Previous Owner Morrison Keith H $94,165
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2015 10/28/15 Sold $2,290,000 -8.3% $872 / Sq Ft
10/02/2015 10/02/15 Pending -- -- --
09/29/2015 09/29/15 Price Changed $2,498,000 -3.9% $951 / Sq Ft
09/16/2015 09/16/15 For Sale $2,599,000 -- $990 / 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 $31,911 $2,657,736 $2,553,286 $104,450
2023 $31,506 $2,605,624 $2,503,222 $102,402
2022 $31,122 $2,554,535 $2,454,140 $100,395
2021 $31,261 $2,504,447 $2,406,020 $98,427
2020 $31,452 $2,478,768 $2,381,350 $97,418
2019 $29,935 $2,430,165 $2,334,657 $95,508
2018 $29,593 $2,382,516 $2,288,880 $93,636
2017 $28,621 $2,335,800 $2,244,000 $91,800
2016 $27,191 $2,290,000 $2,200,000 $90,000
2015 $2,995 $203,858 $46,879 $156,979
2014 $2,868 $199,865 $45,961 $153,904
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81514799

MLSListings

APN: 170-47-047