NOT LISTED FOR SALE

574 Panchita Way Los Altos, CA 94022

Estimated Value: $6,038,000 - $6,395,000

5 Beds
3.5 Baths
3,118 Sq Ft
$1,986/Sq Ft Est. Value

Last Sold May 19, 2014

Last sale price $3,050,000 $978 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $36,328/month

11 Days on Market

Highlights

  • Primary Bedroom Suite
  • Fireplace in Primary Bedroom
  • Wood Flooring
  • Almond Elementary School Rated A+
  • Contemporary Architecture
  • High Ceiling

About This Home

As of May 2014

Wonderful North Los Altos home built in 1998. Impressive floor plan with high ceilings, formal entry, skylights,A/C, security and vacuum systems. Chief's kitchen with upgraded stainless appliances, granite countertops and central island. Separate dining, family and living rooms. Five bedrooms, three + bathrooms and three fireplaces. Private rear patio with manicured landscaping. A beautiful home.

Last Agent to Sell the Property

Kevin Tierney

Tierney & Company License #00698187 Listed on: 04/14/2014

Last Buyer's Agent

nicholas french

Christie's International Real Estate Sereno License #01350085

Christie's International Real Estate Sereno

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $43,425

Year Built

  • Built in 1998

Lot Details

  • Fenced
  • Level Lot
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Zoning described as R1

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture
  • Slate Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,118 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • High Ceiling
  • Skylights
  • Fireplace With Gas Starter
  • Double Pane Windows
  • Window Treatments
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Utility Room
  • Gas Dryer Hookup
  • Wood Flooring
  • Neighborhood Views

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite

Home Security

  • Security System Owned
  • Intercom

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 170-15-019

Home Details

Home Type

Single Family

Est. Annual Taxes

$43,425

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Contemporary
  • Age: 16
  • Sale Price Per Sq Ft: 978.19
  • Level Street Main: Bedroom(s)
  • Listing Class: Residential
  • Structure Sq Ft: 3118
  • Incorporated: Yes
  • Map Book Page: 811
  • Map Side Coordinate: 5
  • Map Top Coordinate: E
  • Thomas Bros Page: 811
  • Thomas Brothers: E5
  • Year Built: 1998
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Living Room, Primary Bedroom, Gas Starter, Yes
  • Dining Room: Formal Dining Room, Eat in Kitchen
  • Kitchen: Dishwasher, Garbage Disposal, Refrigerator, Oven Range, Microwave, Hookups - Gas
  • Living Sq Ft: 3118
  • Stories: 1
  • Security: Security Alarm - Owned
  • Bedrooms: Primary Suite / Retreat, Ground Floor Bedroom
  • Laundry: In Laundry Room, Gas Hookup, 220 Volt Outlet
  • Flooring: Hardwood
  • Additional Rooms: Utility Room
  • Maximum Bathrooms: 4
  • Maximum Numberof Bedrooms: 5
  • Minimum Bathrooms: 4
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Pool - No
  • Roof: Slate
  • View: Local/Neighborhood
  • Yard/Grounds: Patio(s), Sprinkler(s) - Front, Sprinkler(s) - Rear, Sprinklers - Auto, Fenced
  • Exterior: Stucco

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Window Covering(s), Double Pane Windows(s), High Ceiling, Built-in Vacuum

Schools

  • School District: Mountain View-Los Altos Union High

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 170-15-019
  • List Price per Sq Ft: 961.51
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 10157.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 10157.00
  • Lot Size Area Min Search: 10157.00
  • Maximum Lot Size: 10157.00
  • Map Book: Thomas Bros

Green Features

  • Energy Features: Double Pane Windows, Skylight

Multi Family

  • Maximum Building Height: 1
  • Minimum Building Height: 1

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2014
Closed on
May 12, 2014
Sold by
Kao William C and Kao Karen L S
Bought by
The Lee Family Trust and Chang Hui Chien
Seller's Agent
Kevin Tierney
Tierney & Company
Buyer's Agent
nicholas french
Christie's International Real Estate Sereno
List Price
$2,998,000
Sold Price
$3,050,000
Premium/Discount to List
$52,000
1.73%
Current Estimated Value
$6,193,683

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,143,683
Avg. Annual Appreciation
6.57%
Original Mortgage
$2,000,000
Outstanding Balance
$1,418,304
Interest Rate
2.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,864,730

Purchase Details

Closed on
May 21, 2002
Sold by
Khan Sakhawat M and Khan Roomy
Bought by
Kao William C and Kao Karen L S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.75%

Purchase Details

Closed on
Apr 29, 1999
Sold by
Los Altos Estates Llc
Bought by
Khan Sakhawat M and Khan Roomy

Purchase Details

Closed on
Dec 5, 1997
Sold by
Hanyecz Michael and Hanyecz Ricki
Bought by
Los Altos Estates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$377,000
Interest Rate
8%

Purchase Details

Closed on
Oct 7, 1997
Sold by
Kaufmann Roy H and Kaufmann Janet F
Bought by
Hanyecz Michael and Hanyecz Ricki

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$377,000
Interest Rate
8%
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
The Lee Family Trust $3,050,000 Old Republic Title Company
Kao William C $1,995,000 First American Title Guarant
Khan Sakhawat M $1,450,000 First American Title Guarant
Los Altos Estates Llc $21,181 --
Hanyecz Michael $580,000 First American Title Guarant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open The Lee Family Trust $2,000,000
Previous Owner Kao William C $1,000,000
Previous Owner Hanyecz Michael $377,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2014 05/19/14 Sold $3,050,000 +1.7% $978 / Sq Ft
04/25/2014 04/25/14 Pending -- -- --
04/14/2014 04/14/14 For Sale $2,998,000 -- $962 / 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 $43,425 $3,738,874 $2,513,015 $1,225,859
2024 $43,425 $3,665,564 $2,463,741 $1,201,823
2023 $42,777 $3,593,691 $2,415,433 $1,178,258
2022 $42,340 $3,523,227 $2,368,072 $1,155,155
2021 $42,597 $3,454,145 $2,321,640 $1,132,505
2020 $42,832 $3,418,728 $2,297,835 $1,120,893
2019 $40,741 $3,351,695 $2,252,780 $1,098,915
2018 $40,348 $3,285,976 $2,208,608 $1,077,368
2017 $38,757 $3,221,546 $2,165,302 $1,056,244
2016 $37,871 $3,158,380 $2,122,846 $1,035,534
2015 $37,232 $3,110,939 $2,090,959 $1,019,980
2014 $29,252 $2,404,200 $1,446,137 $958,063
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2014

    Kevin Tierney

    Tierney & Company

    (408) 730-0960

    10 Total Sales

    Kevin Tierney
    Section Image
  • nicholas french

    Buyer's Agent in 2014

    nicholas french

    Sereno Group

    (650) 773-8000

    36 in this area

    199 Total Sales

    nicholas french
    Section Image
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Map

Source: MLSListings

MLS Number: ML81412382

MLSListings

APN: 170-15-019

California Santa Clara County Los Altos 94022

574 Panchita Way, Los Altos, CA

This home is located at 574 Panchita Way, Los Altos, CA 94022 since 14 April 2014 and is currently estimated at $6,193,683, approximately $1,986 per square foot. This property was built in 1998. 574 Panchita Way is a home located in Santa Clara County with nearby schools including Almond Elementary School, Ardis G. Egan Junior High School, and Los Altos High School.

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