NOT LISTED FOR SALE

540 Patrick Way Los Altos, CA 94022

Estimated Value: $5,632,000 - $6,586,000

3 Beds
2.5 Baths
1,894 Sq Ft
$3,200/Sq Ft Est. Value

Last Sold June 17, 2021

Last sale price $4,700,000 $2,482 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $35,568/month

6 Days on Market

Highlights

  • Private Pool
  • Family Room with Fireplace
  • Granite Countertops
  • Santa Rita Elementary School Rated A
  • Wood Flooring
  • Open to Family Room

About This Home

As of June 2021

Premier North Los Altos neighborhood, on one of THE MOST DESIRABLE STREETS, this EAST FACING single-level ranch style home sits on a FABULOUS 13K+ sf LARGE & DEEP LOT (~83 wide x 160 deep). Ideal floor plan to move-in and enjoy now + potential for future expansion. All main rooms boast expansive views of the WOW private rear yard with Heavenly Greens grass, pool and spa. Granite kitchen, with space for dining, overlooks the family room which opens to a covered patio - a perfect shady spot to relax after a swim. Primary suite with two closets is ideally located towards the rear and offers direct access to the yard. Remodeled hall bath with dual sink vanity. HW floors, recessed lights, dual-pane windows, central AC; inside laundry room & tucked away half bath. Excellent location-close to highly acclaimed Los Altos schools & less than a mile to downtown. Note: Interior photos are limited as elderly owner occupied & not staged; home is meticulously maintained by same owners for 40+ years.

Last Agent to Sell the Property

Shilpa Merchant

Compass License #01112533 Listed on: 06/03/2021

Compass

Last Buyer's Agent

Alan Wang

KW Santa Clara Valley Inc License #01380385

KW Santa Clara Valley Inc

Home Details

Home Type

  • Single Family

Year Built

  • 1960

Lot Details

  • 0.3

Parking

  • 2 Car Attached Garage

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 1,894 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Wood Flooring

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Built-In Oven
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Dual Sinks

Laundry

  • Laundry in Utility Room
  • Washer and Dryer

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Individual Gas Meter

Additional Features

  • Private Pool
  • 0.3 Acre Lot

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: 1894
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1960

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Family Room, Living Room
  • Dining Room: Eat In Kitchen
  • Kitchen: Countertop - Granite, Dishwasher, Microwave, Oven - Built-In, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 1894
  • Stories: 1
  • Laundry: In Utility Room, Inside, Washer / Dryer
  • Flooring: Hardwood
  • Fireplaces Min: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Double Sinks

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Yes
  • Pool: Pool / Spa Combo

Garage/Parking

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

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer Connected

Schools

  • High School: 265

Lot Info

  • Lot Acres: 0.3027
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 13186.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 13186.00

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 4, 2021
Sold by
Chow Alvin and Charng Ann
Bought by
Charng Ann and Chow Alvin
Current Estimated Value
$6,060,097

Purchase Details

Listed on
Jun 3, 2021
Closed on
Jun 10, 2021
Sold by
Cory Charles J and Cory Anne F
Bought by
Chow Alvin and Charng Ann
Seller's Agent
Shilpa Merchant
Compass
Buyer's Agent
Alan Wang
KW Santa Clara Valley Inc
List Price
$3,788,000
Sold Price
$4,700,000
Premium/Discount to List
$912,000
24.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.74%

Purchase Details

Closed on
Feb 5, 2003
Sold by
Cory Charles J and Cory Jo Anne F
Bought by
Cory Charles J and Cory Jo Anne F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,000
Interest Rate
5.76%

Purchase Details

Closed on
May 15, 2001
Sold by
Cory Charles J and Cory Jo Anne F
Bought by
Cory Charles J and Cory Jo Anne F
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
Charng Ann -- None Available
Chow Alvin $4,700,000 Chicago Title Company
Cory Charles J -- Alliance Title Company
Cory Charles J -- Alliance Title Company
Cory Charles J -- --
Cory Charles J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cory Charles J $279,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/17/2021 06/17/21 Sold $4,700,000 +24.1% $2,482 / Sq Ft
06/09/2021 06/09/21 Pending -- -- --
06/03/2021 06/03/21 For Sale $3,788,000 -- $2,000 / 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 $46,937 $5,080,080 $4,350,000 $730,080
2024 $46,937 $4,000,000 $4,000,000 --
2023 $49,552 $4,205,000 $4,026,000 $179,000
2022 $56,997 $4,794,000 $4,590,000 $204,000
2021 $5,163 $314,853 $109,253 $205,600
2020 $5,123 $311,625 $108,133 $203,492
2019 $5,012 $305,515 $106,013 $199,502
2018 $4,899 $299,526 $103,935 $195,591
2017 $4,757 $293,654 $101,898 $191,756
2016 $4,603 $287,897 $99,900 $187,997
2015 $4,654 $283,574 $98,400 $185,174
2014 $4,595 $278,020 $96,473 $181,547
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Shilpa Merchant

    Compass

    Section Image
  • Alan Wang

    Buyer's Agent in 2021

    Alan Wang

    KW Santa Clara Valley Inc

    (408) 313-4352

    7 in this area

    208 Total Sales

    Alan Wang
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81847022

MLSListings

APN: 167-27-014

California Santa Clara County Los Altos 94022

540 Patrick Way, Los Altos, CA

Not Listed for Sale

Detached

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