NOT LISTED FOR SALE

520 Patrick Way Los Altos, CA 94022

Estimated Value: $4,763,138 - $5,095,000

3 Beds
2 Baths
1,706 Sq Ft
$2,904/Sq Ft Est. Value

Last Sold January 04, 2021

Last sale price $4,100,000 $2,403 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $29,971/month

2 Days on Market

Highlights

  • 2 Car Attached Garage
  • Combination Dining and Living Room
  • 1-Story Property
  • Santa Rita Elementary School Rated A
  • Separate Family Room

About This Home

As of January 2021

This home is located at 520 Patrick Way, Los Altos, CA 94022 since 04 December 2020 and is currently estimated at $4,954,035, approximately $2,903 per square foot. This property was built in 1960. 520 Patrick Way is a home located in Santa Clara County with nearby schools including Santa Rita Elementary School, Ardis G. Egan Junior High School, and Los Altos High School.

Last Agent to Sell the Property

Shilpa Merchant

Compass License #01112533 Listed on: 12/04/2020

Compass

Last Buyer's Agent

Catherine Qian

Compass License #01276431

Compass

Home Details

Home Type

  • Single Family

Year Built

  • 1960

Lot Details

  • 0.3

Parking

  • 2 Car Attached Garage

Home Design

  • Tile Roof
  • Metal Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,706 Sq Ft Home
  • 1-Story Property
  • Separate Family Room
  • Living Room with Fireplace
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • 0.3 Acre Lot
  • Heating System Uses Gas

Home Details

Home Type

Single Family

Year Built

1960

Lot Details

0

Parking

2

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 1706
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1960

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room
  • Dining Room: Dining Area In Living Room
  • Fireplace: Yes
  • Living Sq Ft: 1706
  • Stories: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Metal, Tile

Garage/Parking

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

Utilities

  • Heating System: Gas
  • Sewer/Septic System: Sewer - Public

Schools

  • High School: 265

Lot Info

  • Lot Acres: 0.3013
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 13126.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 13126.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 22, 2022
Sold by
Yang Bozhi and Yang Wenjun
Bought by
Liu-Ellis-Yang Living Trust
Current Estimated Value
$4,954,035

Purchase Details

Listed on
Dec 4, 2020
Closed on
Dec 9, 2020
Sold by
Rickansrud Young Rebel Anne and The Eugene B Rickansrud Living
Bought by
Yang Bozhi and Liu Wenjun
Seller's Agent
Shilpa Merchant
Compass
Buyer's Agent
Catherine Qian
Compass
List Price
$3,498,000
Sold Price
$4,100,000
Premium/Discount to List
$602,000
17.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.82%
Original Mortgage
$1,833,780
Interest Rate
2.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 6, 2020
Sold by
Rickansrud Eugene Bidne
Bought by
Eugene B Rickansrud Living Trust and Rickansrud-Young

Purchase Details

Closed on
Jan 13, 2009
Sold by
Rickansrud Eugene B
Bought by
Rickansrud Eugene B

Purchase Details

Closed on
Aug 11, 1998
Sold by
Rickansrud Eugene B and Rickansrud Jessie B
Bought by
Rickansrud Eugene B and Rickansrud Jessie B
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
Liu-Ellis-Yang Living Trust -- --
Yang Bozhi $4,100,000 Chicago Title Company
Eugene B Rickansrud Living Trust -- --
Rickansrud Eugene B -- None Available
Rickansrud Eugene B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yang Bozhi $1,833,780
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/04/2021 01/04/21 Sold $4,100,000 +17.2% $2,403 / Sq Ft
12/07/2020 12/07/20 Pending -- -- --
12/04/2020 12/04/20 For Sale $3,498,000 -- $2,050 / 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 $50,948 $4,437,970 $4,329,728 $108,242
2024 $50,948 $4,350,952 $4,244,832 $106,120
2023 $48,948 $4,150,000 $4,048,700 $101,300
2022 $49,788 $4,182,000 $4,080,000 $102,000
2021 $3,082 $139,109 $56,531 $82,578
2020 $2,980 $137,684 $55,952 $81,732
2019 $2,889 $134,985 $54,855 $80,130
2018 $2,871 $132,339 $53,780 $78,559
2017 $2,776 $129,745 $52,726 $77,019
2016 $2,771 $127,202 $51,693 $75,509
2015 $2,674 $125,292 $50,917 $74,375
2014 $2,658 $122,839 $49,920 $72,919
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Shilpa Merchant

    Compass

    Section Image

  • C

    Buyer's Agent in 2021

    Catherine Qian

    Compass

    Section Image
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Map

Source: MLSListings

MLS Number: ML81822317

MLSListings

APN: 167-27-016

California Santa Clara County Los Altos 94022

520 Patrick Way, Los Altos, CA

Not Listed for Sale

Detached

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