NOT LISTED FOR SALE

562 University Ave Los Altos, CA 94022

Estimated Value: $4,581,783 - $5,642,000

4 Beds
3 Baths
3,218 Sq Ft
$1,565/Sq Ft Est. Value

Last Sold February 20, 2019

Last sale price $3,750,000 $1,165 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $30,621/month

109 Days on Market

Highlights

  • Two Primary Bedrooms
  • Skyline View
  • Vaulted Ceiling
  • Gardner Bullis Elementary School Rated A
  • Deck
  • 2-minute walk to Redwood Grove Nature Preserve

About This Home

As of February 2019

Gorgeous, spacious home on a coveted street in Old Los Altos. Open floor living concept as you enter. A large circular driveway with a well manicured and mature front landscape. The first floor has plenty of light from almost every room facing the deck and backyard . The central dining area intersects the kitchen, family room, and stairs to the loft. Perfect for a growing family, the large master suite is situated on the main floor. There is a private guest suite with a separate entrance down a carpeted stairway adjacent to the family room. With the kitchen and dining room as the center and heartbeat of the home, stairs lead up to a wide open landing, perfect for a children's play area, office or media room. Beyond the landing is an additional room with a pitched ceiling which could be used as a large children's bedroom, music room, or game room. This home is versatile for a family, with a unique layout. High walk score to shops, downtown Los Altos, and transportation.

Last Agent to Sell the Property

Jonathan Kurniadi

Kurniadi Realty License #01871163 Listed on: 10/18/2018

Last Buyer's Agent

Mary Sanbrook

Signature Properties License #01943961

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $48,283

Year Built

  • Built in 1954

Lot Details

  • 0.27 Acre Lot
  • Back Yard Fenced
  • Zoning described as R1

Parking

  • 2 Car Attached Garage

Home Design

  • Pillar, Post or Pier Foundation
  • Raised Foundation
  • Shingle Roof

Interior Spaces

  • 3,218 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • 2 Fireplaces
  • Free Standing Fireplace
  • Separate Family Room
  • Dining Area
  • Loft
  • Bonus Room
  • Wood Flooring
  • Skyline Views
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Double Master Bedroom
  • Loft Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Sinks
  • Jetted Tub in Primary Bathroom
  • Bathtub with Shower

Laundry

  • Laundry in Utility Room
  • Washer and Dryer

Additional Features

  • Deck
  • Dwelling with Separate Living Area
  • Forced Air Zoned Cooling and Heating System

Listing and Financial Details

  • Assessor Parcel Number 175-14-016

Home Details

Home Type

Single Family

Est. Annual Taxes

$48,283

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 64
  • Listing Class: Residential
  • Structure Sq Ft: 3218
  • Year Built: 1954
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Free Standing
  • Dining Room: Breakfast Nook, Dining Area, Eat in Kitchen
  • Kitchen: Microwave, Refrigerator
  • Living Sq Ft: 3218
  • Stories: 2
  • Bedrooms: Loft Bedroom, Primary Bedroom on Ground Floor, More than One Bedroom on Ground Floor, More than One Primary Bedroom, Walk-in Closet
  • Laundry: In Utility Room, Inside, Washer / Dryer
  • Flooring: Hardwood
  • Additional Rooms: Attic, Bonus / Hobby Room, Loft, Separate Living Unit
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Primary - Tub with Jets, Shower and Tub, Skylight
  • Fireplace: Yes

Exterior Features

  • Foundation: Pillars / Posts / Piers, Raised
  • Roof: Shingle
  • Yard/Grounds: Back Yard, Deck, Fenced
  • Fencing: Fenced Back

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Drive Through

Utilities

  • Cooling System: Ceiling Fan, Central AC, Multi-Zone
  • Heating System: Forced Air
  • Sewer/Septic System: Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Skylight, Vaulted Ceiling

Schools

  • School District: Mountain View-Los Altos Union High
  • Elementary School: Gardner Bullis Elementary
  • Elementary School: 1079

Lot Info

  • Lot Description: Regular
  • Parcel Number: 175-14-016
  • Lot Acres: 0.2672
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 11640.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 11640.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2018
Closed on
Feb 13, 2019
Sold by
Granieri Thomas Paul and Gilson Elizabeth
Bought by
Ramsay Robert Eric and Edwards Lauren Michelle
Seller's Agent
Jonathan Kurniadi
Kurniadi Realty
Buyer's Agent
Mary Sanbrook
Signature Properties
List Price
$4,150,000
Sold Price
$3,750,000
Premium/Discount to List
-$400,000
-9.64%
Current Estimated Value
$5,036,446

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,286,446
Avg. Annual Appreciation
4.56%
Source: Public Records

Range of Values:

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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
Ramsay Robert Eric $3,750,000 Chicago Title Co
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2019 02/20/19 Sold $3,750,000 -3.8% $1,165 / Sq Ft
02/05/2019 02/05/19 Pending -- -- --
01/23/2019 01/23/19 Price Changed $3,899,000 -6.0% $1,212 / Sq Ft
01/15/2019 01/15/19 For Sale $4,150,000 +10.7% $1,290 / Sq Ft
12/03/2018 12/03/18 Off Market $3,750,000 -- --
10/18/2018 10/18/18 For Sale $4,150,000 -- $1,290 / 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 $48,283 $4,221,193 $4,071,643 $149,550
2024 $48,283 $4,101,170 $3,991,807 $109,363
2023 $47,656 $4,020,756 $3,913,537 $107,219
2022 $47,252 $3,941,918 $3,836,801 $105,117
2021 $47,366 $3,864,626 $3,761,570 $103,056
2020 $47,582 $3,825,000 $3,723,000 $102,000
2019 $2,080 $115,160 $39,529 $75,631
2018 $1,924 $112,903 $38,754 $74,149
2017 $1,747 $110,691 $37,995 $72,696
2016 $1,698 $108,521 $37,250 $71,271
2015 $2,114 $106,892 $36,691 $70,201
2014 $1,647 $104,799 $35,973 $68,826
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81728250

MLSListings

APN: 175-14-016