561 Fremont Ave Los Altos, CA 94024
Estimated Value: $4,324,000 - $6,445,000
4
Beds
2.5
Baths
1,702
Sq Ft
$3,156/Sq Ft
Est. Value
Highlights
- Family Room with Fireplace
- Open to Family Room
- Dining Area
- Loyola Elementary School Rated A+
- Forced Air Heating System
- 1-Story Property
About This Home
As of October 2021Opportunity knocks! Remodel or build new on this oversized lot. So many possibilities on this 14,286 square foot lot. Remodel/Add on to the existing 1,702 square foot, 4 bedroom, 2 1/2 Bath home built in 1972, or build a new 4,170 square foot home above ground or larger with a basement (Buyer to investigate development potential and size of new home with the City of Los Altos planning department). Enjoy an expansive backyard with a lot that is over 156 feet deep on the right side and 173 feet deep on the left side. The street frontage of the property is 103 feet (all measurements taken from the Plot Map, Buyer to verify). Situated in a fantastic neighborhood with many high end, newly constructed homes. Property is ideally located within walking distance to Rancho Shopping Center, Loyola Elementary School, Pinewood Schools Elementary campuses, and is a short distance to downtown Los Altos.
Last Listed By
Christie's International Real Estate Sereno License #01229105 Listed on: 09/29/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $56,470
Year Built
- 1972
Lot Details
- 0.33
Parking
- 2 Car Garage
Home Design
- Metal Roof
- Concrete Perimeter Foundation
Interior Spaces
- 1,702 Sq Ft Home
- 1-Story Property
- Family Room with Fireplace
- 2 Fireplaces
- Living Room with Fireplace
- Dining Area
- Open to Family Room
Bedrooms and Bathrooms
- 4 Bedrooms
Additional Features
- 0.33 Acre Lot
- Forced Air Heating System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 29, 2021
Closed on
Oct 12, 2021
Sold by
Castain Stephen J and Castain Pamela A
Bought by
Valentine Michael Patrick and Valentine Kristina Marie
Seller's Agent
Bob Kamangar
Christie's International Real Estate Sereno
Buyer's Agent
Billy McNair
Compass
List Price
$2,895,000
Sold Price
$3,200,000
Premium/Discount to List
$305,000
10.54%
Total Days on Market
7
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,171,707
Avg. Annual Appreciation
15.43%
Original Mortgage
$900,000
Outstanding Balance
$832,567
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$4,539,140
Purchase Details
Listed on
Sep 29, 2021
Closed on
Sep 17, 2021
Sold by
Castain Pamela A and Castain Stephen J
Bought by
Castain Pamela A and Castain Stephen J
Seller's Agent
Bob Kamangar
Christie's International Real Estate Sereno
Buyer's Agent
Billy McNair
Compass
List Price
$2,895,000
Sold Price
$3,200,000
Premium/Discount to List
$305,000
10.54%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,200,000
Outstanding Balance
$2,949,579
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$2,422,128
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in Los Altos, CA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Valentine Michael Patrick | $3,200,000 | Chicago Title Company | |
| Castain Pamela A | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Valentine Michael Patrick | $900,000 | |
| Open | Valentine Michael Patrick | $3,200,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/18/2021 10/18/21 | Sold | $3,200,000 | +10.5% | $1,880 / Sq Ft |
| 10/07/2021 10/07/21 | Pending | -- | -- | -- |
| 09/29/2021 09/29/21 | For Sale | $2,895,000 | -- | $1,701 / Sq Ft |
Source: MLSListings
Tax History Compared to Growth
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 | $56,470 | $4,837,045 | $3,277,260 | $1,559,785 |
| 2023 | $43,485 | $3,675,010 | $3,213,000 | $462,010 |
| 2022 | $38,398 | $3,200,000 | $3,150,000 | $50,000 |
| 2021 | $3,311 | $244,979 | $89,407 | $155,572 |
| 2020 | $3,304 | $242,468 | $88,491 | $153,977 |
| 2019 | $3,156 | $237,714 | $86,756 | $150,958 |
| 2018 | $3,126 | $233,054 | $85,055 | $147,999 |
| 2017 | $3,018 | $228,486 | $83,388 | $145,098 |
| 2016 | $2,938 | $224,006 | $81,753 | $142,253 |
| 2015 | $2,893 | $220,642 | $80,525 | $140,117 |
| 2014 | $2,921 | $216,321 | $78,948 | $137,373 |
Source: Public Records
Agents Affiliated with this Home
-
Bob Kamangar
Seller's Agent in 2021
Bob Kamangar
Sereno Group
4 in this area
19 Total Sales
-
Buyer's Agent in 2021
Billy McNair
Compass
(650) 862-3266
3 in this area
134 Total Sales
Map
Source: MLSListings
MLS Number: ML81864647
APN: 189-46-047
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