NOT LISTED FOR SALE

551 University Ave Los Altos, CA 94022

Estimated Value: $3,731,000 - $5,372,000

3 Beds
2 Baths
2,255 Sq Ft
$1,972/Sq Ft Est. Value

Last Sold July 17, 2015

Last sale price $2,988,000 $1,325 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $24,659/month

42 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Attic
  • Gardner Bullis Elementary School Rated A
  • Wood Flooring
  • 2-minute walk to Redwood Grove Nature Preserve

About This Home

As of July 2015

Beautiful 1929 Monterey Colonial with Old California Craftsman details, including many original handcrafted items. Indoor/outdoor living via French doors to large brick patio with covered dining. Large rooftop deck with lovely views. Remodeled kitchen and baths. Garage plus brick off-alley parking. The veranda is the perfect place to enjoy morning coffee. Unique Old Los Altos is a 5 min stroll to shops and dining of the Village, parks, churches. The ultimate charming home in highly desired Old Los Altos.

Last Agent to Sell the Property

Stuart L Bowen

Coldwell Banker Realty License #00468827 Listed on: 05/28/2015

Last Buyer's Agent

Stuart L Bowen

Coldwell Banker Realty License #00468827 Listed on: 05/28/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,543

Year Built

  • Built in 1928

Lot Details

  • 6,534 Sq Ft Lot
  • Wood Fence
  • Sprinklers on Timer
  • Mostly Level
  • Zoning described as R1

Parking

  • 1 Car Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Mediterranean Architecture
  • Pillar, Post or Pier Foundation
  • Wood Shingle Roof
  • Tar and Gravel Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,255 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Gas Fireplace
  • Separate Family Room
  • Dining Area
  • Den
  • Bonus Room
  • Finished Basement
  • Crawl Space
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Range Hood
  • Plumbed For Ice Maker
  • Dishwasher
  • Corian Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer
  • Laundry Tub

Home Security

  • Alarm System
  • Fire and Smoke Detector

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Forced Air Heating System
  • Thermostat
  • 220 Volts
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 175-15-041

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,543

Year Built

Built in 1928

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Style: Colonial, Mediterranean, Vintage
  • Property Condition: Built / Remodeled Green
  • Age: 87
  • Listing Class: Residential
  • Structure Sq Ft: 2255
  • Year Built: 1928
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Burning
  • Dining Room: Breakfast Nook, Dining Area
  • Kitchen: 220 Volt Outlet, Countertop - Solid Surface / Corian, Dishwasher, Garbage Disposal, Hood Over Range, Hookups - Ice Maker, Oven Range - Built-In, Gas, Pantry Cabinet
  • Living Sq Ft: 2255
  • Stories: 2
  • Security: Fire Alarm, Security Alarm
  • Laundry: Tub / Sink, Washer / Dryer
  • Flooring: Hardwood, Tile
  • Additional Rooms: Attic, Basement - Finished, Basement - Unfinished, Bonus / Hobby Room, Den / Study / Office, Laundry Room, Storage
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Shower and Tub, Stall Shower, Tile, Tub
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab, Crawl Space, Post and Pier
  • Roof: Clay, Tar and Gravel, Wood Shakes / Shingles
  • Yard/Grounds: Balcony / Patio, Deck, Fenced, Sprinklers - Auto, Sprinklers - Lawn
  • Fencing: Fenced, Wood

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Attached Garage, Gate / Door Opener, Off-Street Parking

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Walk-in Closet

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

  • Lot Description: Grade - Mostly Level
  • Parcel Number: 175-15-041
  • Lot Acres: 0.1500
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6525.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6525.00

Green Features

  • Energy Features: Thermostat Controller

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
May 28, 2015
Closed on
Jul 16, 2015
Sold by
Teer Beatrice G
Bought by
Bristow Patricia E
Seller's Agent
Stuart L Bowen
Coldwell Banker Realty
Buyer's Agent
Stuart L Bowen
Coldwell Banker Realty
List Price
$2,988,000
Sold Price
$2,988,000
Current Estimated Value
$4,419,489

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,431,489
Avg. Annual Appreciation
4.02%

Purchase Details

Closed on
Mar 13, 1997
Sold by
Teer Beatrice G
Bought by
Teer Beatrice G
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
Bristow Patricia E $2,988,000 First American Title Company
Teer Beatrice G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bristow Patricia E $470,000
Previous Owner Teer Beatrice Gabriele Joy $500,000
Previous Owner Teer Beatrice G $250,000
Previous Owner Teer Beatrice G $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2015 07/17/15 Sold $2,988,000 0.0% $1,325 / Sq Ft
07/09/2015 07/09/15 Pending -- -- --
05/28/2015 05/28/15 For Sale $2,988,000 -- $1,325 / 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 $5,543 $364,059 $116,411 $247,648
2024 $5,543 $356,922 $114,129 $242,793
2023 $5,405 $349,925 $111,892 $238,033
2022 $5,414 $343,065 $109,699 $233,366
2021 $5,315 $336,340 $107,549 $228,791
2020 $5,317 $332,893 $106,447 $226,446
2019 $5,133 $326,366 $104,360 $222,006
2018 $5,072 $319,967 $102,314 $217,653
2017 $4,981 $313,694 $100,308 $213,386
2016 $4,039 $307,544 $98,342 $209,202
2015 $2,385 $161,043 $46,879 $114,164
2014 $2,435 $157,889 $45,961 $111,928
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2015

    Stuart L Bowen

    Coldwell Banker Realty

    Section Image

  • A

    Buyer Co-Listing Agent in 2015

    Andrea Reyes

    Century Properties

See All Agents

Map

Source: MLSListings

MLS Number: ML81467324

MLSListings

APN: 175-15-041

California Santa Clara County Los Altos 94022

551 University Ave, Los Altos, CA

This home is located at 551 University Ave, Los Altos, CA 94022 since 28 May 2015 and is currently estimated at $4,446,172, approximately $1,971 per square foot. This property was built in 1928. 551 University Ave is a home located in Santa Clara County with nearby schools including Gardner Bullis Elementary School, Ardis G. Egan Junior High School, and Los Altos High School.

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