NOT LISTED FOR SALE

500 Cherry Ave Los Altos, CA 94022

Estimated Value: $7,009,000 - $8,094,316

4 Beds
3.5 Baths
3,262 Sq Ft
$2,298/Sq Ft Est. Value

Sale Details

Date Sold: October 15, 2019

Last sale price $5,988,000 $1,836 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $46,193 / mo

7 Days on Market

Highlights

  • Primary Bedroom Suite
  • Fireplace in Primary Bedroom
  • Jetted Soaking Tub in Primary Bathroom
  • Santa Rita Elementary School Rated A
  • Secluded Lot
  • Wood Flooring

About This Home

As of October 2019

Inspired by Italian craftsmanship & design, this Mediterranean masterpiece is surrounded by an exquisite garden. The comfortable single level floor plan with generous rooms & hand hewn plank hickory & pecan wood floors is arranged around a dramatic great room with soaring open beam ceiling. The huge kitchen features sweeping counters, handsome custom cabinetry, top of the line appliances, a large center island, & includes a long raised counter that suggests informal dining or conversation with the home chef. Sunlight streams through clerestory windows, skylights & walls of windows & doors that span the rear of the home & frame views of the lush garden setting. Loggias off of the master bedroom & the great room provide inviting places to entertain & enjoy the colorful garden. The home includes 2 master suites, 1 bedroom furnished as a home office & 3.5 luxurious baths. A 3-car garage & alcove for exercise equipment complete this special home. Just 5 blocks to downtown Los Altos.

Last Agent to Sell the Property

Nicole Aron

Compass License #00952657 Listed on: 08/28/2019

Compass

Co-Listed By

Carol Carnevale

Compass License #00946687

Last Buyer's Agent

Shilpa Merchant

Compass License #01112533

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2005

Lot Details

  • 16,387 Sq Ft Lot
  • Gated Home
  • Partially Fenced Property
  • Wood Fence
  • Secluded Lot
  • Level Lot
  • Sprinklers on Timer
  • Drought Tolerant Landscaping
  • Grass Covered Lot
  • Back Yard
  • Zoning described as R1

Parking

  • 3 Car Attached Garage
  • Workshop in Garage
  • Garage Door Opener
  • Guest Parking

Home Design

  • Mediterranean Architecture
  • Reinforced Concrete Foundation
  • Wood Frame Construction
  • Ceiling Insulation
  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,262 Sq Ft Home
  • 1-Story Property
  • Entertainment System
  • Wired For Sound
  • Beamed Ceilings
  • High Ceiling
  • Ceiling Fan
  • Skylights in Kitchen
  • Gas Log Fireplace
  • Double Pane Windows
  • Garden Windows
  • Formal Entry
  • Great Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Area
  • Den
  • Storage Room
  • Garden Views

Kitchen

  • Breakfast Bar
  • Double Oven
  • Gas Cooktop
  • Range Hood
  • Warming Drawer
  • Dishwasher
  • Wine Refrigerator
  • ENERGY STAR Qualified Appliances
  • Kitchen Island

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet
  • Split Bathroom
  • Bathroom on Main Level
  • Bidet
  • Dual Sinks
  • Low Flow Toliet
  • Jetted Soaking Tub in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower
  • Low Flow Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Basement

  • Sealed Crawl Space
  • Crawl Space

Home Security

  • Security Lights
  • Intercom
  • Panic Alarm

Eco-Friendly Details

  • Energy-Efficient Insulation

Outdoor Features

  • Balcony
  • Barbecue Area

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Thermostat
  • 220 Volts
  • Water Filtration System
  • Water Purifier is Owned
  • Fiber Optics Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 167-27-044

Community Details

Amenities

  • Courtyard

Security

  • Security Service
  • Safe or Vault

Home Details

Home Type

Single Family

Year Built

Built in 2005

Lot Details

0.38 Acres

Parking

3

Listing Details

  • Subclass: Single Family Home
  • Style: Mediterranean
  • Listing Class: Residential
  • Structure Sq Ft: 3262
  • Incorporated: Yes
  • Year Built: 2005
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Burning, Gas Log, Living Room, Primary Bedroom
  • Dining Room: Breakfast Bar, Dining Area
  • Kitchen: 220 Volt Outlet, Cooktop - Gas, Countertop - Other, Dishwasher, Dual Fuel, Hood Over Range, Hookups - Gas, Island with Sink, Oven - Double, Oven Range - Built-In, Gas, Pantry, Refrigerator, Skylight, Warming Drawer, Wine Refrigerator
  • Living Sq Ft: 3262
  • Stories: 1
  • Security: Panic Alarm, Security Lights, Security Service, Vault
  • Bedrooms: Ground Floor Bedroom, Primary Bedroom on Ground Floor, Primary Suite / Retreate - 2+, More than One Bedroom on Ground Floor, More than One Primary Bedroom, More than One Primary Bedroom on Ground Floor, Walk-in Closet
  • Laundry: Dryer, Electricity Hookup (220V), In Utility Room, Inside, Tub / Sink, Washer
  • Flooring: Carpet, Hardwood
  • Additional Rooms: Formal Entry, Great Room, Laundry Room, Office Area, Storage
  • Fireplaces Min: 2
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Bidet, Double Sinks, Full on Ground Floor, Half on Ground Floor, Primary - Stall Shower(s), Primary - Sunken Tub, Primary - Tub with Jets, Shower over Tub - 1, Split Bath, Stall Shower
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space, Reinforced Concrete
  • Roof: Tile
  • View: Garden / Greenbelt
  • Yard/Grounds: Back Yard, Balcony / Patio, BBQ Area, Courtyard, Drought Tolerant Plants, Fenced, Low Maintenance, Sprinklers - Auto, Sprinklers - Lawn
  • Fencing: Fenced, Gate, Mixed Height / Type, Partial Fencing, Surveyed, Wood
  • Construction Type: Steel, Wood Frame

Garage/Parking

  • Garage Spaces: 3
  • Garage Parking Features: Attached Garage, Gate / Door Opener, Guest / Visitor Parking, Workshop in Garage

Utilities

  • Cooling System: Ceiling Fan, Central AC, Multi-Zone
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Garden Window, High Ceiling, Open Beam Ceiling, Skylight, Video / Audio System, Walk-in Closet

Schools

  • High School: 265

Lot Info

  • Lot Description: Grade - Level, Private / Secluded
  • Parcel Number: 167-27-044
  • Lot Acres: 0.3762
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 16387.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 16387.00

Green Features

  • Energy Features: Ceiling Insulation, Double Pane Windows, Energy Star Appliances, Insulation - Per Owner, Low Flow Shower, Low Flow Toilet, Sealed Crawlspace, Skylight, Thermostat Controller, Walls Insulated

Multi Family

  • Utilities: Public Utilities

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2019
Closed on
Sep 27, 2019
Sold by
Berkley Stephen M and The Smb Trust
Bought by
Roccasalva Marco Salvatore and Roccasalva Theresa Denise
Seller's Agent
Nicole Aron
Compass
Buyer's Agent
Shilpa Merchant
Compass
List Price
$6,250,000
Sold Price
$5,988,000
Premium/Discount to List
-$262,000
-4.19%
Current Estimated Value
$7,371,948

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,383,948
Avg. Annual Appreciation
3.44%
Original Mortgage
$3,892,200
Outstanding Balance
$3,409,763
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$4,085,566

Purchase Details

Closed on
Jun 23, 2004
Sold by
Tefft Gaylord S and Tefft Carol L
Bought by
Berkley Stephen M

Purchase Details

Closed on
Apr 9, 2004
Sold by
Tefft Gaylor S
Bought by
Tefft Gaylor S and Tefft Carol L

Purchase Details

Closed on
Jan 31, 2003
Sold by
Tefft Gaylord S
Bought by
Tefft Carol L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
5.83%

Purchase Details

Closed on
Sep 30, 2000
Sold by
Tefft Gaylord S and Tefft Carol L
Bought by
Tefft Gaylord S and Tefft Carol L
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Roccasalva Marco Salvatore $5,988,000 Old Republic Title Company
Berkley Stephen M $1,615,000 Alliance Title Company
Tefft Gaylor S -- --
Tefft Carol L -- Alliance Title Company
Tefft Gaylord S -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Roccasalva Marco Salvatore $3,892,200
Previous Owner Tefft Carol L $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2019 10/15/19 Sold $5,988,000 -4.2% $1,836 / Sq Ft
09/05/2019 09/05/19 Pending -- -- --
08/28/2019 08/28/19 For Sale $6,250,000 -- $1,916 / Sq Ft
Source: MLSListings

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 $74,643 $6,548,748 $5,127,010 $1,421,738
2024 $74,643 $6,420,342 $5,026,481 $1,393,861
2023 $73,697 $6,294,454 $4,927,923 $1,366,531
2022 $73,713 $6,171,035 $4,831,298 $1,339,737
2021 $73,751 $6,050,035 $4,736,567 $1,313,468
2020 $73,977 $5,988,000 $4,688,000 $1,300,000
2019 $16,329 $1,248,426 $536,708 $711,718
2018 $15,796 $1,223,948 $526,185 $697,763
2017 $15,262 $1,199,950 $515,868 $684,082
2016 $14,984 $1,176,422 $505,753 $670,669
2015 $14,775 $1,158,752 $498,157 $660,595
2014 -- $1,136,054 $488,399 $647,655
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81766328

MLSListings

APN: 167-27-044

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