NOT LISTED FOR SALE

535 University Ave Los Altos, CA 94022

Estimated Value: $3,208,000 - $4,846,000

2 Beds
1 Bath
1,073 Sq Ft
$3,913/Sq Ft Est. Value

Last Sold October 23, 2018

Last sale price $2,648,000 $2,468 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $27,606/month

18 Days on Market

Highlights

  • Wood Flooring
  • Solid Surface Bathroom Countertops
  • 1 Car Detached Garage
  • Gardner Bullis Elementary School Rated A
  • Balcony
  • 1-minute walk to Redwood Grove Nature Preserve

About This Home

As of October 2018

Move in and enjoy this lovely single-story home on large lot near the downtown Los Altos village! Gorgeous, private and spacious 6,713 SF lot within a stunning neighborhood! Beautiful windows and french doors provide great light within the charming home! Wonderful recessed lighting and hardwood floors! Huge backyard offers lots of potential for expansion or large new build! Walk to Shoup Park, Draegers Market & Main Street restaurants! Spectacular commute location! Easy access to San Antonio Road, Foothill Expressway, El Camino Real, Highway 280, I-101 and Highway 85! Quickly get to Palo Alto, Stanford University, Google campuses & Apple campuses! Exceptional public schools! Your dream home and dream lifestyle awaits you! Wow!

Last Agent to Sell the Property

David Lillo

DPL Real Estate License #01803836 Listed on: 08/29/2018

Last Buyer's Agent

Ying Li

Coldwell Banker Realty License #02057058

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $44,353

Year Built

  • Built in 1946

Lot Details

  • 6,425 Sq Ft Lot
  • Back Yard Fenced
  • Zoning described as R1

Parking

  • 1 Car Detached Garage

Home Design

  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,073 Sq Ft Home
  • 1-Story Property
  • Skylights
  • Double Pane Windows
  • Dining Area
  • Washer and Dryer

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Solid Surface Bathroom Countertops
  • Bathtub with Shower
  • Bathtub Includes Tile Surround

Additional Features

  • Balcony
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 175-15-020

Home Details

Home Type

Single Family

Est. Annual Taxes

$44,353

Year Built

Built in 1946

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Age: 72
  • Listing Class: Residential
  • Structure Sq Ft: 1073
  • Year Built: 1946
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area
  • Kitchen: Countertop - Tile, Dishwasher, Garbage Disposal, Microwave, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 1073
  • Stories: 1
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Tile, Wood
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Shower over Tub - 1, Solid Surface, Tile

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Composition, Shingle
  • Yard/Grounds: Balcony / Patio
  • Fencing: Fenced Back

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Detached Garage

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Skylight

Schools

  • School District: Mountain View-Los Altos Union High
  • Elementary School: Gardner Bullis Elementary
  • Middle School: Ardis G. Egan Intermediate
  • High School: Los Altos High
  • High School: 265
  • Elementary School: 1079
  • Middle School: 133

Lot Info

  • Parcel Number: 175-15-020
  • Lot Acres: 0.1475
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6424.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6424.00

Green Features

  • Energy Features: Double Pane Windows, Skylight

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Mountain View-Los Altos Union High
  • Elementary School Text: Gardner Bullis 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
Aug 29, 2018
Closed on
Oct 13, 2018
Sold by
Warmkessel Mei Ling B
Bought by
Wang Xiaomou and Li Ran
Seller's Agent
David Lillo
DPL Real Estate
Buyer's Agent
Ying Li
Coldwell Banker Realty
List Price
$2,598,000
Sold Price
$2,648,000
Premium/Discount to List
$50,000
1.92%
Current Estimated Value
$4,367,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,719,129
Avg. Annual Appreciation
7.33%
Original Mortgage
$1,986,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 8, 2016
Sold by
Warmkessel Mei Ling B
Bought by
Warmkessel Mei Ling B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,500
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2011
Sold by
Warmkessel Mei Ling
Bought by
Warmkessel Mei Ling B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 23, 2005
Sold by
Warmkessel J R and Warmkessel Mei Ling
Bought by
Warmkessel Mei Ling

Purchase Details

Closed on
Feb 4, 2003
Sold by
Warmkessel Joyce M
Bought by
Warmkessel Joyce M and Warmkessel Mei Ling
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 Buyer Sale Price Title Company
Wang Xiaomou $2,648,000 Cornerstone Title Co
Warmkessel Mei Ling B -- Fidelity National Title Co
Warmkessel Mei Ling B -- Chicago Title Company
Warmkessel Mei Ling -- --
Warmkessel Joyce M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Xiaomou $1,910,000
Closed Wang Xiaomou $1,950,000
Closed Wang Xiaomou $1,986,000
Closed Wang Xiaomou $1,986,000
Previous Owner Warmkessel Mei Ling B $348,500
Previous Owner Warmkessel Mei Ling B $275,000
Previous Owner Warmkessel Mei Ling $272,000
Previous Owner Warmkessel Mei Ling $275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2018 10/23/18 Sold $2,648,000 +1.9% $2,468 / Sq Ft
09/16/2018 09/16/18 Pending -- -- --
08/29/2018 08/29/18 For Sale $2,598,000 -- $2,421 / 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
2024 $44,353 $3,758,001 $2,843,478 $914,523
2023 $43,590 $3,684,316 $2,787,724 $896,592
2022 $37,801 $3,148,930 $2,733,063 $415,867
2021 $33,967 $2,745,430 $2,679,474 $65,956
2020 $34,219 $2,717,280 $2,652,000 $65,280
2019 $32,551 $2,648,000 $2,600,000 $48,000
2018 $5,160 $300,904 $191,184 $109,720
2017 $4,886 $295,005 $187,436 $107,569
2016 $5,125 $289,221 $183,761 $105,460
2015 $4,991 $284,877 $181,001 $103,876
2014 $4,739 $279,298 $177,456 $101,842
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81720903

MLSListings

APN: 175-15-020