516 University Ave Los Altos, CA 94022
Estimated Value: $5,440,000 - $5,725,224
4
Beds
3.5
Baths
3,037
Sq Ft
$1,835/Sq Ft
Est. Value
Highlights
- Wine Cellar
- Deck
- Family Room with Fireplace
- Gardner Bullis Elementary School Rated A
- Forest View
- 1-minute walk to Redwood Grove Nature Preserve
About This Home
As of August 2021Pending sale. Open house cancelled.
Last Listed By
Bruce Dougherty
Compass License #01483998 Listed on: 06/29/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $52,222
Year Built
- 1983
Lot Details
- 10,032 Sq Ft Lot
- Fenced Front Yard
- Wood Fence
- Sprinklers on Timer
- Grass Covered Lot
Parking
- 2 Car Garage
Property Views
- Forest
- Neighborhood
Home Design
- Pillar, Post or Pier Foundation
- Wood Frame Construction
- Wood Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- 3,037 Sq Ft Home
- 1-Story Property
- Entertainment System
- Wine Cellar
- Family Room with Fireplace
- 2 Fireplaces
- Living Room with Fireplace
- Formal Dining Room
- Bonus Room
- Alarm System
Kitchen
- Open to Family Room
- Eat-In Kitchen
- Breakfast Bar
- Built-In Double Oven
- Electric Oven
- Gas Cooktop
- Range Hood
- Microwave
- Plumbed For Ice Maker
- Dishwasher
- Kitchen Island
- Granite Countertops
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
- Remodeled Bathroom
- Bathroom on Main Level
- Granite Bathroom Countertops
- Dual Sinks
- Bathtub with Shower
- Bathtub Includes Tile Surround
- Walk-in Shower
Laundry
- Laundry in Utility Room
- Electric Dryer Hookup
Outdoor Features
- Seasonal Stream
- Balcony
- Deck
- Outdoor Fireplace
- Fire Pit
- Barbecue Area
Utilities
- Forced Air Heating and Cooling System
- Vented Exhaust Fan
- 220 Volts
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 1, 2022
Sold by
Kim and Jiye
Bought by
Bingu Family Trust
Total Days on Market
40
Current Estimated Value
Purchase Details
Listed on
Jun 29, 2021
Closed on
Aug 11, 2021
Sold by
Jslt Properties Llc
Bought by
Kim Woenyoung and Lee Jiye
Seller's Agent
Bruce Dougherty
Compass
Buyer's Agent
Diane McDermott
Intero Real Estate Services
List Price
$4,690,000
Sold Price
$4,630,000
Premium/Discount to List
-$60,000
-1.28%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.05%
Purchase Details
Closed on
Oct 31, 2016
Sold by
Ewert John R and Ewert Stacy S B
Bought by
Jslt Properties Llc
Purchase Details
Listed on
Jan 16, 2013
Closed on
Feb 6, 2013
Sold by
Heffernan Brian T and Hefernan Mary R
Bought by
Ewert John R and Ewert Stacy S B
Seller's Agent
Ed Graziani
Christie's International Real Estate Sereno
Buyer's Agent
Bruce Dougherty
Compass
List Price
$2,890,000
Sold Price
$3,100,000
Premium/Discount to List
$210,000
7.27%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.93%
Purchase Details
Closed on
Apr 8, 2010
Sold by
Mott Richard W and Mott Gail A
Bought by
Heffernan Brian T and Heffernan Mary R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,300,000
Interest Rate
4.91%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 7, 2008
Sold by
Mott Richard W and Mott Gail A
Bought by
Mott Richard W and Mott Gail A
Purchase Details
Closed on
Nov 11, 2002
Sold by
Lee Richard H and Lee Anne H
Bought by
Mott Richard W and Mott Gail A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 16, 1998
Sold by
Lee Richard H and Lee Anne H
Bought by
Lee Richard H and Lee Anne H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$729,700
Interest Rate
7.12%
Purchase Details
Closed on
Jul 15, 1998
Sold by
Lee Richard H and Lee Anne H
Bought by
Lee Richard H and Lee Anne H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$729,700
Interest Rate
7.12%
Purchase Details
Closed on
Dec 2, 1997
Sold by
Lee Richard H and Lee Anne H
Bought by
Lee Richard H and Lee Anne H
Purchase Details
Closed on
Jun 6, 1995
Sold by
Lemay L P and Lemay Gilberte J
Bought by
Lee Richard H and Lee Anne H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
7.12%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bingu Family Trust | -- | Dla Piper Llp | |
| Kim Woenyoung | $4,630,000 | First American Title Company | |
| Jslt Properties Llc | -- | None Available | |
| Ewert John R | $3,100,000 | Chicago Title Company | |
| Heffernan Brian T | -- | Old Republic Title Company | |
| Mott Richard W | -- | None Available | |
| Mott Richard W | -- | None Available | |
| Mott Richard W | $1,600,000 | First American Title Company | |
| Lee Richard H | -- | Old Republic Title Company | |
| Lee Richard H | -- | Old Republic Title Company | |
| Lee Richard H | -- | -- | |
| Lee Richard H | $845,000 | Nations Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Ewert John R | $418,000 | |
| Previous Owner | Heffernan Brian T | $2,300,000 | |
| Previous Owner | Mott Richard W | $1,100,000 | |
| Previous Owner | Mott Richard W | $1,000,000 | |
| Previous Owner | Lee Richard H | $729,700 | |
| Previous Owner | Lee Richard H | $650,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/17/2021 08/17/21 | Sold | $4,630,000 | -1.3% | $1,525 / Sq Ft |
| 08/08/2021 08/08/21 | Pending | -- | -- | -- |
| 06/29/2021 06/29/21 | For Sale | $4,690,000 | +51.3% | $1,544 / Sq Ft |
| 03/14/2013 03/14/13 | Sold | $3,100,000 | +7.3% | $1,027 / Sq Ft |
| 02/01/2013 02/01/13 | Pending | -- | -- | -- |
| 01/16/2013 01/16/13 | For Sale | $2,890,000 | -- | $958 / Sq Ft |
Source: MLSListings
Tax History Compared to Growth
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 | $52,222 | $4,500,000 | $3,950,000 | $550,000 |
| 2023 | $48,854 | $4,175,000 | $3,426,500 | $748,500 |
| 2022 | $54,689 | $4,630,000 | $3,800,000 | $830,000 |
| 2021 | $42,968 | $3,526,707 | $2,502,826 | $1,023,881 |
| 2020 | $43,320 | $3,490,546 | $2,477,163 | $1,013,383 |
| 2019 | $41,187 | $3,422,105 | $2,428,592 | $993,513 |
| 2018 | $40,731 | $3,355,006 | $2,380,973 | $974,033 |
| 2017 | $39,154 | $3,289,223 | $2,334,288 | $954,935 |
| 2016 | $38,240 | $3,224,729 | $2,288,518 | $936,211 |
| 2015 | $37,661 | $3,176,292 | $2,254,143 | $922,149 |
| 2014 | $37,230 | $3,114,074 | $2,209,988 | $904,086 |
Source: Public Records
Agents Affiliated with this Home
-
B
Seller's Agent in 2021
Bruce Dougherty
Compass
-
Diane McDermott
Buyer's Agent in 2021
Diane McDermott
Intero Real Estate Services
(408) 754-9500
1 in this area
12 Total Sales
-
Ed Graziani
Seller's Agent in 2013
Ed Graziani
Sereno Group
(408) 777-3814
9 in this area
63 Total Sales
Map
Source: MLSListings
MLS Number: ML81850397
APN: 175-13-043
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Property Information © 2025 MLSListings Inc. All rights reserved. Listing information is deemed reliable but not guaranteed. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, MLSListings Inc. The viewer acknowledges ownership and validity of its copyright. Information provided is for personal, non-commercial use by a viewer with a bona fide interest in the purchase or sale of real estate of the type being offered via this website or other electronic means. The viewer is prohibited from copying, redistributing or retransmitting any of the data or information provided by MLSListing, Inc.
Nearby Homes
- 484 Orange Ave
- 450 1st St Unit 107
- 450 1st St Unit 201
- 450 1st St Unit 302
- 425 1st St Unit 23
- 425 1st St Unit 15
- 425 1st St Unit 33
- 425 1st St Unit 24
- 425 1st St Unit 36
- 389 1st St Unit 14
- 502 Tyndall St
- 526 Lassen St
- 477 Lassen St Unit 6
- 72 Bay Tree Ln
- 470 Gabilan St Unit 4
- 70 Bay Tree Ln
- 125 Lyell St
- 145 Fremont Ave
- 101 2nd St Unit 5
- 226 W Edith Ave Unit 20
- 516 University Ave
- 500 University Ave
- 532 University Ave
- 1 Adobe Creek Way
- 546 University Ave
- 521 University Ave
- 490 University Ave
- 497 University Ave
- 529 University Ave
- 535 University Ave
- 3 Adobe Creek Way
- 541 University Ave
- 485 University Ave
- 562 University Ave
- 2 Adobe Creek Way
- 551 University Ave
- 475 University Ave
- 470 University Ave
- 490 Orange Ave
- 506 Orange Ave