NOT LISTED FOR SALE

516 Panchita Way Los Altos, CA 94022

Estimated Value: $4,567,000 - $5,039,000

3 Beds
2 Baths
1,870 Sq Ft
$2,603/Sq Ft Est. Value

Last Sold August 27, 2021

Last sale price $4,000,000 $2,139 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $29,190/month

Highlights

  • Private Pool
  • 2 Fireplaces
  • 2 Car Attached Garage
  • Almond Elementary School Rated A+
  • Formal Dining Room
  • Forced Air Heating and Cooling System

About This Home

As of August 2021

Nicely updated 3 bedroom, 2 bathroom home located in the heart of Los Altos. This property has an updated gourmet kitchen as well as a living room, dining room and large family room. The well manicured yard has a large concrete patio as well as a pool.

Last Agent to Sell the Property

Michael Kenyon

Compass License #01942685 Listed on: 07/31/2021

Compass

Last Buyer's Agent

Kiersten Ligeti

Compass License #01298631

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $40,566

Year Built

  • 1951

Lot Details

  • 10,006

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof

Interior Spaces

  • 1,870 Sq Ft Home
  • 1-Story Property
  • 2 Fireplaces
  • Gas Fireplace
  • Separate Family Room
  • Formal Dining Room
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Private Pool
  • 10,006 Sq Ft Lot
  • Forced Air Heating and Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$40,566

Year Built

1951

Lot Details

0

Parking

2

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Age: 70
  • Listing Class: Residential
  • Structure Sq Ft: 1870
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1951

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Burning
  • Dining Room: Formal Dining Room
  • Fireplace: Yes
  • Living Sq Ft: 1870
  • Stories: 1
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Crawl Space
  • Pool Description: Yes
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage

Utilities

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

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: 0.2297
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 10004.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 10004.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 18, 2021
Sold by
Jain Gaurav and Jain Swati
Bought by
Jain Gaurav and Jain Swati
Current Estimated Value
$4,867,994

Purchase Details

Listed on
Jul 31, 2021
Closed on
Aug 27, 2021
Sold by
Peck Marilyn T
Bought by
Stephen And Marilyn Peck Family Trust and Famil Marilyn
Seller's Agent
Michael Kenyon
Compass
Buyer's Agent
Kiersten Ligeti
Compass
List Price
$3,500,000
Sold Price
$4,000,000
Premium/Discount to List
$500,000
14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.48%
Original Mortgage
$2,800,000
Outstanding Balance
$2,547,792
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$2,235,005

Purchase Details

Listed on
Jul 31, 2021
Closed on
Aug 3, 2021
Sold by
Peck Stephen R and Peck Stephen
Bought by
Jain Gaurav and Jain Swati
Seller's Agent
Michael Kenyon
Compass
Buyer's Agent
Kiersten Ligeti
Compass
List Price
$3,500,000
Sold Price
$4,000,000
Premium/Discount to List
$500,000
14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,800,000
Outstanding Balance
$2,547,792
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$2,235,005

Purchase Details

Closed on
May 7, 2020
Sold by
Peck Stephen R and Peck Stephen
Bought by
Peck Stephen R

Purchase Details

Closed on
Nov 20, 2019
Sold by
Peck Stephen R
Bought by
Peck Stephen R

Purchase Details

Closed on
Oct 29, 2007
Sold by
Peck Stephen R and Peck Marilyn T
Bought by
Peck Stephen R and Peck Marilyn T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,500
Interest Rate
6.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2006
Sold by
Peck Stephen R and Peck Marilyn T
Bought by
Peck Stephen R and Peck Marilyn T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.66%
Mortgage Type
Credit Line Revolving
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
Jain Gaurav -- None Available
Stephen And Marilyn Peck Family Trust -- --
Jain Gaurav $4,000,000 Stewart Title Of Ca Inc
Peck Stephen R -- Stewart Title Of Ca Inc
Stephen And Marilyn Peck Family Trust -- --
Peck Stephen R -- None Available
Peck Stephen R -- None Available
Peck Stephen R -- Financial Title Company
Peck Stephen R -- Financial Title Company
Peck Stephen R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jain Gaurav $2,800,000
Previous Owner Peck Stephen R $181,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2021 08/27/21 Sold $4,000,000 +14.3% $2,139 / Sq Ft
07/31/2021 07/31/21 Pending -- -- --
07/31/2021 07/31/21 For Sale $3,500,000 -- $1,872 / 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 $40,566 $3,864,414 $3,775,000 $89,414
2024 $40,566 $4,161,600 $3,953,520 $208,080
2023 $48,820 $4,080,000 $3,876,000 $204,000
2022 $48,438 $4,000,000 $3,800,000 $200,000
2021 $9,344 $606,663 $360,728 $245,935
2020 $9,268 $600,444 $357,030 $243,414
2019 $8,776 $588,701 $350,030 $238,671
2018 $8,327 $577,159 $343,167 $233,992
2017 $8,149 $565,843 $336,439 $229,404
2016 $7,947 $554,749 $329,843 $224,906
2015 $7,994 $546,417 $324,889 $221,528
2014 $7,738 $535,714 $318,525 $217,189
Source: Public Records

Agents Affiliated with this Home

  • Michael Kenyon

    Seller's Agent in 2021

    Michael Kenyon

    Compass

    (408) 529-0248

    1 in this area

    68 Total Sales

    Michael Kenyon
    Section Image

  • K

    Buyer's Agent in 2021

    Kiersten Ligeti

    Compass

    Section Image
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Map

Source: MLSListings

MLS Number: ML81855531

MLSListings

APN: 170-47-032

California Santa Clara County Los Altos 94022

516 Panchita Way, Los Altos, CA

This home is located at 516 Panchita Way, Los Altos, CA 94022 since 31 July 2021 and is currently estimated at $4,867,994, approximately $2,603 per square foot. This property was built in 1951. 516 Panchita Way is a home located in Santa Clara County with nearby schools including Almond Elementary School, Ardis G. Egan Junior High School, and Los Altos High School.

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