NOT LISTED FOR SALE

552 Lincoln Ave Los Altos, CA 94022

Estimated Value: $5,177,000 - $6,274,000

5 Beds
5 Baths
3,634 Sq Ft
$1,607/Sq Ft Est. Value

Last Sold December 23, 2020

Last sale price $3,875,000 $1,066 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $34,367/month

180 Days on Market

Highlights

  • Vaulted Ceiling
  • Marble Flooring
  • 2 Car Detached Garage
  • Gardner Bullis Elementary School Rated A
  • Formal Dining Room
  • 5-minute walk to Redwood Grove Nature Preserve

About This Home

As of December 2020

FRONT OF THIS HOME FACES PALM AVE, NEXT TO 553 PALM AVE. Absolutely the best value!!! Classic Normandy w/ clean lines & details define this stunning newly constructed home. Situated in beloved Old Los Altos - a short distance to all amenities that the Village has to offer. Gracious chateau w/ meticulous craftsmanship & exquisite high-end finishes. Light, open & airy balanced with the rustic charm of this time-tested style. Multi-functioning great room & rec room are both generous yet cozy; Spacious rec room with full wet/bar kitchen. Trifold glass doors to rear yard can be opened further to invite the outdoors in. Separate entrance living areas great for in-law, guest or Au-pair quarters. Enjoy the beauty of being moments from nearby Shoup Park, Redwood Grove, Hidden Villa, Byrne Park & Westwind Stables. Stanford Dish, Shoreline Trails, Golf courses & more. See disclosure pkg link for in-person visit rules

Last Agent to Sell the Property

Vivi Chan

Coldwell Banker Realty License #00964958 Listed on: 05/14/2020

Coldwell Banker Realty

Last Buyer's Agent

Nisha Singh

EXP Realty of California, Inc License #01937867

Home Details

Home Type

  • Single Family

Year Built

  • 2020

Lot Details

  • 7,584

Parking

  • 2 Car Detached Garage

Home Design

  • Slab Foundation
  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,634 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Fireplace
  • Formal Dining Room

Kitchen

  • Open to Family Room
  • Built-In Oven
  • Gas Oven
  • Microwave
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Additional Features

  • 7,584 Sq Ft Lot
  • Forced Air Heating and Cooling System

Home Details

Home Type

Single Family

Year Built

2020

Lot Details

0

Parking

2

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 3634
  • Construction: Completed
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2020

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Dining Room: Formal Dining Room
  • Kitchen: Island With Sink, Microwave, Oven - Built-In, Oven - Gas, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 3634
  • Stories: 1
  • Flooring: Carpet, Hardwood, Marble
  • Full Bathrooms: 5
  • Total Bedrooms: 5

Exterior Features

  • Foundation: Concrete Perimeter, Concrete Slab
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Detached Garage

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Vaulted Ceiling

Lot Info

  • Lot Acres: 0.1741
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7585.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7585.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2020
Closed on
Dec 10, 2020
Sold by
0 Palm Avenue Lp
Bought by
Gosalia Binoy R and Ranpuria Surili Harshad
Seller's Agent
Vivi Chan
Coldwell Banker Realty
Buyer's Agent
Nisha Singh
EXP Realty of California, Inc
List Price
$4,800,000
Sold Price
$3,875,000
Premium/Discount to List
-$925,000
-19.27%
Current Estimated Value
$5,838,545

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,963,545
Avg. Annual Appreciation
8.37%
Original Mortgage
$2,498,726
Outstanding Balance
$2,184,990
Interest Rate
1.75%
Mortgage Type
New Conventional
Estimated Equity
$3,653,555
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
Gosalia Binoy R $3,875,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gosalia Binoy R $2,498,726
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2020 12/23/20 Sold $3,875,000 -19.3% $1,066 / Sq Ft
11/11/2020 11/11/20 Pending -- -- --
05/14/2020 05/14/20 For Sale $4,800,000 -- $1,321 / 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 $48,222 $4,194,424 $3,247,296 $947,128
2024 $48,222 $4,112,181 $3,183,624 $928,557
2023 $47,644 $4,031,550 $3,121,200 $910,350
2022 $47,297 $3,952,500 $3,060,000 $892,500
2021 $47,541 $3,875,000 $3,000,000 $875,000
2020 $41,741 $3,336,711 $1,761,711 $1,575,000
2019 $32,275 $2,638,728 $1,727,168 $911,560
2018 $22,253 $1,792,302 $1,693,302 $99,000
2017 $20,210 $1,660,100 $1,660,100 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81816825

MLSListings

APN: 175-16-092