NOT LISTED FOR SALE

562 Palm Ave Los Altos, CA 94022

Los Altos Area

Estimated Value: $2,714,000 - $3,497,000

2 Beds
1 Bath
928 Sq Ft
$3,371/Sq Ft Est. Value

Sale Details

Date Sold: June 28, 2024

Last sale price $2,850,000 $3,071 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $20,120 / mo

7 Days on Market

Highlights

  • 1 Car Detached Garage
  • Eat-In Kitchen
  • 4-minute walk to Redwood Grove Nature Preserve
  • Gardner Bullis Elementary School Rated A
  • 1-Story Property

About This Home

As of June 2024

Great opportunity for this Los Altos Home in a highly desirable area. Premium lot with potential and prestigious schools. Near dining/shopping and easy access to 280.

Last Agent to Sell the Property

David Martz

KW Bay Area Estates License #01227292 Listed on: 05/21/2024

KW Bay Area Estates

Last Buyer's Agent

David Martz

KW Bay Area Estates License #01227292 Listed on: 05/21/2024

KW Bay Area Estates

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • 6,852 Sq Ft Lot
  • Zoning described as R1

Parking

  • 1 Car Detached Garage

Home Design

  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 928 Sq Ft Home
  • 1-Story Property
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Listing and Financial Details

  • Assessor Parcel Number 175-16-008

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

6,852 Sq Ft Lot

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 928
  • Year Built: 1948
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Dining Room: Eat in Kitchen
  • Living Sq Ft: 928
  • Stories: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition, Shingle

Garage/Parking

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

Utilities

  • Sewer/Septic System: Sewer - Public

Lot Info

  • Parcel Number: 175-16-008
  • Lot Acres: 0.1573
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6850.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6850.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Mountain View-Los Altos Union High

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2024
Closed on
Jun 25, 2024
Sold by
Bought by
Seller's Agent
David Martz
KW Bay Area Estates
Buyer's Agent
David Martz
KW Bay Area Estates
List Price
$2,199,950
Sold Price
$2,850,000
Premium/Discount to List
$650,050
29.55%
Views
5
Current Estimated Value
$3,128,203

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$278,203
Avg. Annual Appreciation
4.45%
Original Mortgage
$1,920,000
Interest Rate
6.95%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 23, 2002
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Los Altos, CA

  • Yolanda Zhang Real Estate Agent - Keller Williams Thrive

    Yolanda Zhang

    Keller Williams Thrive

    (669) 260-5603

    40 Total Sales

    1 in Los Altos

    $1,398,000 Price

    Yolanda Zhang
     Section Image
  • Sandra Zib Real Estate Agent - Master Brokers

    Sandra Zib

    Master Brokers

    (510) 588-5965

    29 Total Sales

    1 in Los Altos

    $3,300,000 Price

    Sandra Zib
     Section Image
  • Rene Perez Real Estate Agent - CONTEXTRE

    Rene Perez

    CONTEXTRE

    (707) 873-7840

    44 Total Sales

    1 in Los Altos

    $3,510,000 Price

    Rene Perez
     Section Image
  • Ranon Lanners Real Estate Agent - Christie's Int'l RE Sereno

    Ranon Lanners

    Christie's Int'l RE Sereno

    (669) 279-4009

    40 Total Sales

    1 in Los Altos

    $1,840,000 Price

    Ranon Lanners
     Section Image
  • Jay Grewal Real Estate Agent - Doorlight Inc

    Jay Grewal

    Doorlight Inc

    (844) 910-0103

    86 Total Sales

    1 in Los Altos

    $1,375,000 Price

    Jay Grewal
     Section Image
  • Tim Proschold Real Estate Agent - Luxuriant Realty

    Tim Proschold

    Luxuriant Realty

    (650) 753-7481

    27 Total Sales

    1 in Los Altos

    $5,410,000 Price

    Tim Proschold
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,850,000 Chicago Title Company
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $4,518,646
Closed $1,920,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/28/2024 06/28/24 Sold $2,850,000 +29.5% $3,071 / Sq Ft
05/29/2024 05/29/24 Pending -- -- --
05/21/2024 05/21/24 For Sale $2,199,950 -- $2,371 / Sq Ft
Source: MLSListings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $35,115 $3,261,240 $2,939,130 $322,110
2025 $1,266 $2,907,000 $2,881,500 $25,500
2024 $1,266 $69,697 $38,471 $31,226
2023 $1,205 $68,331 $37,717 $30,614
2022 $1,178 $66,992 $36,978 $30,014
2021 $1,180 $65,679 $36,253 $29,426
2020 $1,222 $65,007 $35,882 $29,125
2019 $1,218 $63,733 $35,179 $28,554
2018 $1,939 $62,485 $34,490 $27,995
2017 $1,356 $61,261 $33,814 $27,447
2016 $1,370 $60,060 $33,151 $26,909
2015 $1,238 $59,159 $32,654 $26,505
2014 $1,195 $58,001 $32,015 $25,986
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2024

    David Martz

    KW Bay Area Estates

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Map

Source: MLSListings

MLS Number: ML81966619

MLSListings

APN: 175-16-008

California Santa Clara County Los Altos 94022

562 Palm Ave, Los Altos, CA

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