NOT LISTED FOR SALE

531 Patrick Way Los Altos, CA 94022

Estimated Value: $6,851,952 - $7,222,000

5 Beds
3.5 Baths
4,000 Sq Ft
$1,759/Sq Ft Est. Value

Last Sold January 27, 2016

Last sale price $4,600,000 $1,150 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $42,538/month

Highlights

  • Private Pool
  • Wood Flooring
  • Breakfast Area or Nook
  • Santa Rita Elementary School Rated A
  • Wine Refrigerator
  • Formal Dining Room

About This Home

As of March 2016

This home is located at 531 Patrick Way, Los Altos, CA 94022 since 18 February 2016 and is currently priced at $7,035,988. This property was built in 1954. 531 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 Rent the Property

Alice Bidel

Intero Real Estate Services License #01414216 Listed on: 02/18/2016

Intero Real Estate Services

Last Renter's Agent

Erika Ameri

Compass License #01727613

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $62,804

Year Built

  • 1954

Lot Details

  • 0.25

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Interior Spaces

  • 4,000 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Fireplace
  • Formal Dining Room
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Electric Oven
  • Gas Cooktop
  • Dishwasher
  • Wine Refrigerator

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Heating System Uses Gas

Additional Features

  • Private Pool
  • 0.25 Acre Lot

Listing and Financial Details

  • Security Deposit $15,000
  • Property Available on 2/18/16
  • Rent includes gardener, manager, pool/spa
  • 12-Month Minimum Lease Term

Home Details

Home Type

Single Family

Est. Annual Taxes

$62,804

Year Built

1954

Lot Details

0

Parking

2

Rental Info

  • Available: 02/18/2016
  • Lease Terms: Deposit Required
  • Minimum Lease Months: 12
  • Rent Includes: Gardener, Manager, Pool/Spa
  • Security Deposit: 15000

Listing Details

  • Subclass: House For Rent
  • Age: 62
  • Listing Class: Residential Lease/Rental
  • Structure Sq Ft: 4000
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1954

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Dining Room: Breakfast Nook, Formal Dining Room
  • Kitchen: Cooktop - Gas, Dishwasher, Oven - Electric, Refrigerator, Wine Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 4000
  • Stories: 1
  • Flooring: Carpet, Hardwood, Tile
  • Additional Rooms: Laundry Room
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5

Exterior Features

  • Pool Description: Yes

Garage/Parking

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

Utilities

  • Cooling System: Ceiling Fan, Central Ac, Multi-Zone
  • Heating System: Central Forced Air, Fireplace, Gas

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: 0.2520
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 10964.05
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 10964.05

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2016
Closed on
Jan 25, 2016
Sold by
Steeele Alan Francis and Steele Elisa Anne
Bought by
Yang Chia Hung and Wu Dali
Seller's Agent
Alice Bidel
Intero Real Estate Services
Buyer's Agent
Erika Ameri
Compass
Sold Price
$12,000
Current Estimated Value
$7,035,988

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,023,988
Avg. Annual Appreciation
4.49%

Purchase Details

Closed on
Aug 16, 2012
Sold by
Steele Elisa A and Steele Alan F
Bought by
Steele Alan Francis and Steele Elisa Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,500
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2005
Sold by
Sweat Charles M and Sweat Bonnie
Bought by
Steele Alan F and Steele Elisa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$745,000
Interest Rate
5.55%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 26, 2004
Sold by
Sweat Charles M
Bought by
Sweat Charles M and Sweat Bonnie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,657,500
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 2001
Sold by
Sweat Bonnie Pauline
Bought by
Sweat Charles M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$930,000
Interest Rate
6%

Purchase Details

Closed on
Jul 17, 2001
Sold by
Karzag Christian D and Karzag Elizabeth
Bought by
Sweat Charles M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$930,000
Interest Rate
6%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

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
Yang Chia Hung $4,600,000 Stewart Title Of Ca Inc
Steele Alan Francis -- None Available
Steele Alan F -- North American Title Company
Sweat Charles M -- Stewart Title Of California
Sweat Charles M -- First American Title Guarant
Sweat Charles M $1,550,000 First American Title Guarant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Steele Alan F $1,000,000
Previous Owner Sweat Charles M $1,657,500
Previous Owner Sweat Charles M $930,000
Closed Sweat Charles M $310,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2016 03/07/16 Rented $12,000 0.0% --
02/18/2016 02/18/16 For Rent $12,000 0.0% --
01/27/2016 01/27/16 Sold $4,600,000 +15.1% $1,150 / Sq Ft
01/20/2016 01/20/16 Pending -- -- --
01/13/2016 01/13/16 For Sale $3,995,000 -- $999 / 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 $62,804 $5,445,464 $3,788,150 $1,657,314
2024 $62,804 $5,338,691 $3,713,873 $1,624,818
2023 $61,503 $5,234,011 $3,641,052 $1,592,959
2022 $61,253 $5,131,384 $3,569,659 $1,561,725
2021 $61,635 $5,030,769 $3,499,666 $1,531,103
2020 $61,841 $4,979,186 $3,463,782 $1,515,404
2019 $58,766 $4,881,556 $3,395,865 $1,485,691
2018 $58,130 $4,785,840 $3,329,280 $1,456,560
2017 $55,918 $4,692,000 $3,264,000 $1,428,000
2016 $34,141 $2,836,598 $1,616,170 $1,220,428
2015 $33,663 $2,793,991 $1,591,894 $1,202,097
2014 $30,722 $2,518,000 $1,434,600 $1,083,400
Source: Public Records

Agents Affiliated with this Home

  • Alice Bidel

    Landlord's Agent in 2016

    Alice Bidel

    Intero Real Estate Services

    (408) 329-3078

    1 in this area

    34 Total Sales

    Alice Bidel
    Section Image
  • Helen Pastorino

    Seller's Agent in 2016

    Helen Pastorino

    Pertria

    (408) 357-7770

    45 Total Sales

    Helen Pastorino
    Section Image
  • Erika Ameri

    Tenant's Agent in 2016

    Erika Ameri

    Compass

    (650) 269-8211

    5 in this area

    38 Total Sales

    Erika Ameri
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81561357

MLSListings

APN: 167-27-029

California Santa Clara County Los Altos 94022

531 Patrick Way, Los Altos, CA

This home is located at 531 Patrick Way, Los Altos, CA 94022 since 18 February 2016 and is currently priced at $7,035,988. This property was built in 1954. 531 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.

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.

MLSListings 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