NOT LISTED FOR SALE

571 Cherry Ave Los Altos, CA 94022

Estimated Value: $5,471,000 - $6,797,000

3 Beds
2 Baths
1,700 Sq Ft
$3,516/Sq Ft Est. Value

Last Sold July 08, 2015

Last sale price $2,950,000 $1,735 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $32,575/month

18 Days on Market

Highlights

  • Wood Flooring
  • High Ceiling
  • Breakfast Area or Nook
  • Santa Rita Elementary School Rated A
  • Granite Countertops
  • Formal Dining Room

About This Home

As of July 2015

Gracious estate very deep lot,1of the most desired streets in North LA Showcases circa 1928 Charming Revival that is right out of a storybook w except.period details.Gracious rooms highlighted by wood flooring. Designer Kitchen w todays sought after appliances inc Viking Stove. Stylized baths. Outdr kitchen +brick BBQ. Mature trees. Home expandable or can build in addition.Per City Aprox. 4,200 sq ft allowed based on lot size buyer to confirm this. State Registered, additional benefits in disclosures.

Last Agent to Sell the Property

Gregg Ann Herrern

The Abigail Company License #01003487 Listed on: 05/13/2015

Last Buyer's Agent

Shelly Chou

Coldwell Banker Realty License #01888765

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1928

Lot Details

  • 0.37 Acre Lot
  • Zoning described as R1

Parking

  • Detached Garage

Home Design

  • Raised Foundation
  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,700 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Wood Burning Fireplace
  • Formal Dining Room
  • Storage Room
  • Washer and Dryer
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Utilities

  • Forced Air Heating System
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 167-28-014

Home Details

Home Type

Single Family

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 1700
  • Year Built: 1928
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Breakfast Nook, Formal Dining Room
  • Kitchen: Countertop - Granite
  • Living Sq Ft: 1700
  • Stories: 1
  • Laundry: Washer / Dryer
  • Flooring: Hardwood
  • Additional Rooms: Storage
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Shower and Tub
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter, Raised
  • Roof: Tile

Garage/Parking

  • Garage Parking Features: Detached Garage

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer Connected, Sewer in Street

Association/Amenities

  • Amenities Miscellaneous: High Ceiling

Schools

  • High School: 265

Lot Info

  • Parcel Number: 167-28-014
  • Lot Acres: 0.3650
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 15500.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 15500.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Mountain View-Los Altos Union High
  • Elementary School Text: Santa Rita Elementary
  • High School Text: Los Altos High
  • Middle School Text: Ardis G. Egan Intermediate

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 17, 2017
Sold by
Huang Runzhen and Wang Yue
Bought by
Huang Runzhen and Wang Yue
Current Estimated Value
$5,976,713

Purchase Details

Listed on
May 13, 2015
Closed on
Jun 23, 2015
Sold by
Kreisman Annette Ponischil
Bought by
Huang Runzhen and Wang Yue
Seller's Agent
Gregg Ann Herrern
The Abigail Company
Buyer's Agent
Shelly Chou
Coldwell Banker Realty
List Price
$2,998,000
Sold Price
$2,950,000
Premium/Discount to List
-$48,000
-1.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.96%
Original Mortgage
$2,212,500
Outstanding Balance
$1,674,232
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,302,481

Purchase Details

Listed on
May 13, 2015
Closed on
May 21, 2015
Sold by
Kreisman Lance M
Bought by
Kreisman Annette Ponischil
Seller's Agent
Gregg Ann Herrern
The Abigail Company
Buyer's Agent
Shelly Chou
Coldwell Banker Realty
List Price
$2,998,000
Sold Price
$2,950,000
Premium/Discount to List
-$48,000
-1.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,212,500
Outstanding Balance
$1,674,232
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,302,481

Purchase Details

Closed on
Mar 24, 2011
Sold by
Kreisman Annette
Bought by
Kreisman Annette Ponischil

Purchase Details

Closed on
Sep 16, 2005
Sold by
Swanton Marilou and Liewer Richard Walter
Bought by
Kreisman Lance M and Kreisman Annette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,280,000
Interest Rate
6.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 24, 2003
Sold by
Liewer Lucille Rose
Bought by
Liewer Lucille Rose and Liewer Richard Walter
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Huang Runzhen -- None Available
Huang Runzhen $2,950,000 Old Republic Title Company
Kreisman Annette Ponischil $67,000 Old Republic Title Company
Kreisman Annette Ponischil -- None Available
Kreisman Annette Ponischil -- None Available
Kreisman Lance M $1,600,000 First American Title Company
Liewer Lucille Rose -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huang Runzhen $2,212,500
Previous Owner Kreisman Lance M $1,280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/08/2015 07/08/15 Sold $2,950,000 -1.6% $1,735 / Sq Ft
05/31/2015 05/31/15 Pending -- -- --
05/13/2015 05/13/15 For Sale $2,998,000 -- $1,764 / 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 $16,249 $1,369,584 $197,184 $1,172,400
2024 $16,249 $1,278,181 $159,381 $1,118,800
2023 $16,180 $1,269,160 $211,560 $1,057,600
2022 $16,106 $1,259,900 $241,200 $1,018,700
2021 $14,019 $1,047,450 $222,250 $825,200
2020 $13,559 $1,000,480 $195,480 $805,000
2019 $4,964 $283,800 $191,800 $92,000
2018 $4,979 $297,800 $204,700 $93,100
2017 $5,095 $313,000 $215,200 $97,800
2016 $5,816 $381,300 $262,100 $119,200
2015 $5,381 $333,200 $229,100 $104,100
2014 -- $261,500 $179,800 $81,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81465224

MLSListings

APN: 167-28-014