NOT LISTED FOR SALE

515 Pine Ln Los Altos, CA 94022

Estimated Value: $4,600,000 - $4,770,000

3 Beds
2 Baths
2,080 Sq Ft
$2,258/Sq Ft Est. Value

Last Sold May 13, 2016

Last sale price $2,775,000 $1,334 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $28,686/month

8 Days on Market

Highlights

  • 2 Fireplaces
  • Formal Dining Room
  • 2 Car Detached Garage
  • Santa Rita Elementary School Rated A
  • Enclosed Parking
  • Open to Family Room

About This Home

As of May 2016

Just over one-third acre, one mile from the Village. Opportunity to remodel or potentially build new. 3 bedrooms and 2 bathrooms. Studio guest house with wood stove, kitchenette, and full bath. Approximately 2,080 square feet of living space: Main house: Approximately 1,680 s.f. Guest house: Approximately 400 s.f. Freshly painted bedrooms and studio; hardwood floors in most rooms. Beautiful gardens with brick patio, vegetable beds, and numerous flowering plants

Last Agent to Sell the Property

Kathy Bridgman

Compass License #01189798 Listed on: 04/05/2016

Compass

Last Buyer's Agent

Juliana Lee

Keller Williams Palo Alto License #00851314

Keller Williams Palo Alto

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1930

Lot Details

  • 14,810 Sq Ft Lot
  • Zoning described as R1

Parking

  • 2 Car Detached Garage
  • Enclosed Parking
  • Garage Door Opener

Home Design

  • Pillar, Post or Pier Foundation
  • Permanent Foundation
  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Quake Bracing

Interior Spaces

  • 2,080 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Formal Dining Room
  • Crawl Space

Kitchen

  • Open to Family Room
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Tile Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Multiple Heating Units
  • Forced Air Heating System
  • Vented Exhaust Fan

Listing and Financial Details

  • Assessor Parcel Number 167-25-066

Home Details

Home Type

Single Family

Year Built

Built in 1930

Lot Details

0.34 Acres

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 2080
  • Year Built: 1930
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Gas Burning, Wood Burning
  • Dining Room: Formal Dining Room
  • Kitchen: Cooktop - Electric, Countertop - Tile, Dishwasher, Exhaust Fan, Garbage Disposal, Island, Microwave, Oven - Electric, Refrigerator
  • Living Sq Ft: 2080
  • Stories: 1
  • Fireplaces Min: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Block, Crawl Space, Foundation Pillars, Permanent, Pillars / Posts / Piers, Quake Bracing
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Detached Garage, Enclosed, Gate / Door Opener

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Central Forced Air - Gas, Heating - 2+ Units
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Schools

  • High School: 265

Lot Info

  • Parcel Number: 167-25-066
  • Lot Acres: 0.3400
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 14823.47
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 14823.47

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
Apr 5, 2016
Closed on
May 2, 2016
Sold by
Fleischman John L and Fleischman Martha T
Bought by
Ganesan Satish and Venkatraman Lakshmi
Seller's Agent
Kathy Bridgman
Compass
Buyer's Agent
Juliana Lee
Keller Williams Palo Alto
List Price
$2,495,000
Sold Price
$2,775,000
Premium/Discount to List
$280,000
11.22%
Current Estimated Value
$4,696,839

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,921,839
Avg. Annual Appreciation
5.47%
Original Mortgage
$1,999,999
Outstanding Balance
$1,536,043
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,160,796

Purchase Details

Closed on
Jul 21, 2006
Sold by
Fleischman John L and Fleischman Martha T
Bought by
Fleischman John L and Fleischman Martha T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.69%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 12, 2001
Sold by
Fleischman John L and Fleischman Martha L
Bought by
Fleischman John L and Fleischman Martha L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ganesan Satish $2,775,000 Old Republic Title Company
Fleischman John L -- Alliance Title Company
Fleischman John L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ganesan Satish $1,999,999
Previous Owner Fleischman John L $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/13/2016 05/13/16 Sold $2,775,000 +11.2% $1,334 / Sq Ft
04/14/2016 04/14/16 Pending -- -- --
04/05/2016 04/05/16 For Sale $2,495,000 -- $1,200 / 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 $43,052 $3,770,127 $3,285,036 $485,091
2024 $43,052 $3,696,204 $3,220,624 $475,580
2023 $42,619 $3,623,730 $3,157,475 $466,255
2022 $42,059 $3,552,677 $3,095,564 $457,113
2021 $41,957 $3,457,527 $3,034,867 $422,660
2020 $42,357 $3,422,076 $3,003,749 $418,327
2019 $40,236 $3,354,977 $2,944,852 $410,125
2018 $39,691 $3,289,194 $2,887,110 $402,084
2017 $38,054 $3,227,500 $2,830,500 $397,000
2016 $4,042 $290,250 $104,980 $185,270
2015 $3,848 $285,892 $103,404 $182,488
2014 $3,873 $280,293 $101,379 $178,914
Source: Public Records

Agents Affiliated with this Home

  • Kathy Bridgman

    Seller's Agent in 2016

    Kathy Bridgman

    Compass

    (650) 209-1589

    86 in this area

    191 Total Sales

    Kathy Bridgman
    Section Image

  • J

    Buyer's Agent in 2016

    Juliana Lee

    Keller Williams Palo Alto

    Section Image
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Map

Source: MLSListings

MLS Number: ML81578659

MLSListings

APN: 167-25-066

California Santa Clara County Los Altos 94022

515 Pine Ln, Los Altos, CA

Not Listed for Sale

Detached

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