$4,600,000
SOLD JAN 27, 2016

531 Patrick Way Los Altos, CA 94022

5 Beds
4 Baths
4,000 Sq Ft
0.25 Acres

Recently Sold

$1,150 Per Sq Ft

15% Above List Price

6 Days on Market

Highlights

  • Cabana
  • Two Way Fireplace
  • Traditional Architecture
  • Santa Rita Elementary School Rated A
  • Vaulted Ceiling
  • Wood Flooring

About This Home

As of January 2016

Ultimate living in much sought after North Los Altos.Spectacularly remodeled home that added an additional bedroom&kitchen/family/great room area expanding this home to nearly 4000 sqft. Truly a gourmets kitchen featuring,Viking Professional 6 burner gas stove,2 Bosch dishwashers,Sub Zero two section wine refrigerator,GE Monogram refrigerator,double oven & warming drawer. Amazing natural light throughout house, stunning room w/fireplace for dining & an intimate living room setting w/picture windows, this home is elegant. Newly completed, fully featured, magnificent outdoor Cabana w/state of the art, built in media, outdoor movie, stereo system/surround sound, w/stone gas fireplace; perfect for entertaining. Beautiful salt water pool, solar & gas heated, w/waterfalls, amazing display of water features,over sized in-ground spa. Outdoor kitchen area w/built in grilling island & stainless steel BBQ,refrigerator,side burner&storage drawers;all laid out specifically for entertaining.Enjoy...

Last Agent to Sell the Property

Helen Pastorino

Pertria License #00612357 Listed on: 01/13/2016

Last Buyer's Agent

Alice Bidel

Intero Real Estate Services License #01414216

Intero Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $62,804

Year Built

  • Built in 1954

Lot Details

  • 0.25 Acre Lot
  • Kennel or Dog Run
  • Gated Home
  • Property is Fully Fenced
  • Wood Fence
  • Level Lot
  • Sprinklers on Timer
  • Back Yard
  • Zoning described as R1

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,000 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • 3 Fireplaces
  • Wood Burning Fireplace
  • Two Way Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Open Floorplan
  • Formal Dining Room
  • Storage Room
  • Attic

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Built-In Double Oven
  • Electric Oven
  • Gas Cooktop
  • Warming Drawer
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms
  • Stone Countertops In Bathroom
  • Granite Bathroom Countertops
  • Dual Sinks
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Steam Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry Tub
  • Washer and Dryer Hookup

Home Security

  • Security Lights
  • Alarm System

Eco-Friendly Details

  • Energy-Efficient HVAC

Pool

  • Cabana
  • Solar Heated Pool and Spa
  • Solar Heated In Ground Pool
  • Fence Around Pool

Outdoor Features

  • Balcony
  • Outdoor Fireplace
  • Outdoor Kitchen
  • Barbecue Area

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan
  • Heating System Uses Gas
  • Thermostat
  • 220 Volts
  • Tankless Water Heater
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 167-27-029

Home Details

Home Type

Single Family

Est. Annual Taxes

$62,804

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Traditional
  • Age: 62
  • Listing Class: Residential
  • Structure Sq Ft: 4000
  • Incorporated: Yes
  • Year Built: 1954
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Gas Burning, Gas Starter, Dual See Thru, Wood Burning, Yes
  • Dining Room: Breakfast Bar, Dining Area, Dining Area in Family Room, Dining Area in Living Room, Formal Dining Room
  • Kitchen: 220 Volt Outlet, Cooktop - Gas, Countertop - Granite, Dishwasher, Exhaust Fan, Garbage Disposal, Island with Sink, Microwave, Oven - Built-In, Oven - Double, Oven - Electric, Pantry, Refrigerator, Warming Drawer, Wine Refrigerator
  • Living Sq Ft: 4000
  • Stories: 2
  • Security: Security Alarm, Security Lights
  • Laundry: Hookups Only, Tub / Sink
  • Flooring: Carpet, Hardwood, Tile
  • Additional Rooms: Attic, Laundry Room, Storage
  • Fireplaces Min: 3
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Bathroom: Double Sinks, Granite, Shower and Tub, Stall Shower, Steam Shower, Stone, Tile, Tub with Jets
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Cabana / Dressing Room, Pool - Fenced, Heated - Solar, Pool - In Ground, Pool / Spa Combo
  • Roof: Composition, Shingle
  • Yard/Grounds: Back Yard, Balcony / Patio, BBQ Area, Dog Run / Kennel, Fenced, Outdoor Fireplace, Outdoor Kitchen, Sprinklers - Auto
  • Pool: Yes
  • Fencing: Complete Perimeter, Fenced, Gate, Wood
  • Construction Type: Wood

Garage/Parking

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

Utilities

  • Cooling System: Ceiling Fan, Central AC, Multi-Zone
  • Heating System: Fireplace, Forced Air, Gas, Heating - 2+ Units, Heating - 2+ Zones
  • Sewer/Septic System: Sewer - Public, Sewer Connected, Sewer in Street

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Open Beam Ceiling, Vaulted Ceiling, Walk-in Closet

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 Description: Grade - Level
  • Parcel Number: 167-27-029
  • Lot Acres: 0.2520
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 10965.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 10965.00

Green Features

  • Energy Features: Double Pane Windows, Energy Star HVAC, Skylight, Solar Heating - Pool, Tankless Water Heater, Thermostat Controller

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
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:

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Average Value
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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 Type Sale Price Title Company
Grant Deed $4,600,000 Stewart Title Of Ca Inc
Interfamily Deed Transfer -- None Available
Individual Deed -- North American Title Company
Interfamily Deed Transfer -- Stewart Title Of California
Interfamily Deed Transfer -- First American Title Guarant
Grant Deed $1,550,000 First American Title Guarant
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,000,000 Purchase Money Mortgage
Previous Owner $1,657,500 New Conventional
Previous Owner $930,000 No Value Available
Closed $310,000 No Value Available
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

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Map

Source: MLSListings

MLS Number: ML81546844

MLSListings

APN: 167-27-029