NOT LISTED FOR SALE

500 Patrick Way Los Altos, CA 94022

Estimated Value: $5,080,000 - $6,002,000

5 Beds
2.5 Baths
3,005 Sq Ft
$1,845/Sq Ft Est. Value

Last Sold October 22, 2021

Last sale price $4,500,000 $1,498 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $33,999/month

6 Days on Market

Highlights

  • Family Room with Fireplace
  • Wood Flooring
  • Formal Dining Room
  • Santa Rita Elementary School Rated A
  • Den
  • Skylights

About This Home

As of October 2021

This beautiful home is located in one of North Los Altos premier neighborhoods on one of the most sought after streets. The front yard welcomes you with mature landscaping and a courtyard entrance. The Ranch style home offers 5 bedrooms plus a den, large living room with views to the back yard, gracious dining room, spacious eat in kitchen and separate family room with a corner fireplace. The large 13,094 rectangular lot offers park-like grounds with mature landscaping provides a true retreat with large back patio perfect for entertaining and family get togethers. Topping it off this excellent location is close to top rated Los Altos schools & The Village of Los Altos. Note: The home is owner occupied same owner 59 years, property not staged, no interior photos.

Last Agent to Sell the Property

Angelique Elmengard

Intero Real Estate Services License #01061833 Listed on: 09/18/2021

Intero Real Estate Services

Last Buyer's Agent

Elizabeth Thompson

Christie's International Real Estate Sereno License #01382997

Christie's International Real Estate Sereno

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $55,234

Year Built

  • 1960

Lot Details

  • 0.3 Acre Lot

Parking

  • 2 Car Garage
  • Off-Street Parking

Home Design

  • Metal Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,005 Sq Ft Home
  • 1-Story Property
  • Skylights
  • Formal Entry
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan

Home Details

Home Type

Single Family

Est. Annual Taxes

$55,234

Year Built

1960

Lot Details

0

Parking

2

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Age: 61
  • Listing Class: Residential
  • Structure Sq Ft: 3005
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1960

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Living Room
  • Dining Room: Formal Dining Room
  • Kitchen: Exhaust Fan, Garbage Disposal
  • Fireplace: Yes
  • Living Sq Ft: 3005
  • Stories: 1
  • Bedrooms: More Than One Bedroom On Ground Floor, Primary Bedroom On Ground Floor
  • Laundry: Dryer, Inside, Washer
  • Flooring: Carpet, Hardwood, Stone, Tile
  • Additional Rooms: Den / Study / Office, Formal Entry
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Bathroom: Shower And Tub, Stall Shower, Tub

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Metal

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Off-Street Parking

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Skylight

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: 0.3006
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 13094.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 13094.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 4, 2025
Sold by
Gong Weiwei and Wang Yuyang
Bought by
Gong-Wang Trust and Gong
Current Estimated Value
$5,544,403

Purchase Details

Listed on
Sep 18, 2021
Closed on
Sep 27, 2021
Sold by
Whealan Frances and Whealan Richard
Bought by
Gong Weiwei and Wang Yuyang
Seller's Agent
Angelique Elmengard
Intero Real Estate Services
Buyer's Agent
Elizabeth Thompson
Christie's International Real Estate Sereno
List Price
$4,198,000
Sold Price
$4,500,000
Premium/Discount to List
$302,000
7.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.37%
Original Mortgage
$3,150,000
Interest Rate
2.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 1999
Sold by
Trust Whealan Richard W Sr And Frances C and Whealan Frances
Bought by
Whealan Frances

Purchase Details

Closed on
Sep 15, 1997
Sold by
Whealan Richard W and Whealan Frances M
Bought by
Whealan Richard W and Whealan Frances Cekay
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
Gong-Wang Trust -- None Listed On Document
Gong Weiwei $4,500,000 Chicago Title Company
Whealan Frances -- --
Whealan Richard W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gong Weiwei $3,150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2021 10/22/21 Sold $4,500,000 +7.2% $1,498 / Sq Ft
09/25/2021 09/25/21 Pending -- -- --
09/18/2021 09/18/21 For Sale $4,198,000 -- $1,397 / 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 $55,234 $4,843,835 $4,457,073 $386,762
2024 $55,234 $4,730,800 $4,369,680 $361,120
2023 $55,234 $4,630,470 $4,284,000 $346,470
2022 $53,630 $4,500,000 $4,200,000 $300,000
2021 $4,039 $218,701 $56,531 $162,170
2020 $4,026 $216,460 $55,952 $160,508
2019 $3,856 $212,216 $54,855 $157,361
2018 $3,835 $208,056 $53,780 $154,276
2017 $3,776 $203,977 $52,726 $151,251
2016 $3,704 $199,979 $51,693 $148,286
2015 $3,721 $196,976 $50,917 $146,059
2014 $3,649 $193,118 $49,920 $143,198
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81863320

MLSListings

APN: 167-27-017