NOT LISTED FOR SALE

581 Paco Dr Los Altos, CA 94024

Estimated Value: $5,546,000 - $6,183,243

4 Beds
3.5 Baths
3,311 Sq Ft
$1,780/Sq Ft Est. Value

Last Sold October 21, 2019

Last sale price $4,200,000 $1,268 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $34,952/month

30 Days on Market

Highlights

  • Skyline View
  • Family Room with Fireplace
  • Jetted Soaking Tub in Primary Bathroom
  • Covington Elementary School Rated A+
  • Vaulted Ceiling
  • Wood Flooring

About This Home

As of October 2019

Chic, sophisticated style emanates throughout this stunning Mediterranean home on approximately one-third acre. Extensive updates include refinished hardwood floors in every room, ceiling lighting throughout, freshly painted walls and cabinetry in hues of white. The spacious ambiance is bright and light, complemented by Calacatta marble-style quartz counters for added designer appeal. There are 4 bedrooms and 3.5 baths arranged over two levels. Tremendous formal and everyday rooms span the main level and all bedrooms are privately located upstairs. Wrap-around landscaped grounds include wonderful space for entertaining plus a dedicated sport court with custom decking and built-in basketball hoop. Generous, finished 3-car garage augments the ample storage space. The homes convenient location is just one mile to the Village or Rancho Shopping Center and has access to excellent Los Altos schools.

Last Agent to Sell the Property

Kathy Bridgman

Compass License #01189798 Listed on: 08/21/2019

Compass

Last Buyer's Agent

Raymond Ni

Intero Real Estate Services License #02021517

Intero Real Estate Services

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1997

Lot Details

  • 0.3 Acre Lot
  • Sprinklers on Timer
  • Drought Tolerant Landscaping
  • Back Yard Fenced
  • Zoning described as R110

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Tile Roof
  • Clay Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,311 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Vaulted Ceiling
  • Skylights
  • Gas Log Fireplace
  • Double Pane Windows
  • Bay Window
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Skyline Views
  • Crawl Space

Kitchen

  • Built-In Self-Cleaning Oven
  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Solid Surface Bathroom Countertops
  • Dual Sinks
  • Dual Flush Toilets
  • Low Flow Toliet
  • Jetted Soaking Tub in Primary Bathroom
  • Bathtub with Shower
  • Oversized Bathtub in Primary Bathroom
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer
  • Laundry Tub

Eco-Friendly Details

  • Energy-Efficient HVAC
  • Energy-Efficient Insulation
  • ENERGY STAR/CFL/LED Lights

Outdoor Features

  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Individual Gas Meter
  • Sewer Within 50 Feet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 189-37-072

Home Details

Home Type

Single Family

Year Built

Built in 1997

Lot Details

0

Parking

3

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 3311
  • Year Built: 1997
  • Zoning Description: R110
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Gas Burning, Gas Log, Living Room
  • Dining Room: Formal Dining Room
  • Kitchen: Cooktop - Gas, Countertop - Quartz, Dishwasher, Garbage Disposal, Hood Over Range, Hookups - Gas, Ice Maker, Island, Microwave, Oven - Built-In, Oven - Gas, Oven - Self Cleaning, Refrigerator
  • Living Sq Ft: 3311
  • Stories: 2
  • Bedrooms: Walk-in Closet
  • Laundry: Gas Hookup, Inside, Tub / Sink, Washer / Dryer
  • Flooring: Hardwood, Tile
  • Additional Rooms: Laundry Room
  • Fireplaces Min: 2
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Dual Flush Toilet, Primary - Oversized Tub, Primary - Stall Shower(s), Primary - Tub with Jets, Showers over Tubs - 2+, Skylight, Solid Surface, Tile
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space
  • Roof: Clay, Tile
  • Yard/Grounds: Back Yard, Drought Tolerant Plants, Fenced, Sprinklers - Auto, Sprinklers - Lawn, Storage Shed / Structure
  • Fencing: Fenced Back, Wood

Garage/Parking

  • Garage Spaces: 3
  • Garage Parking Features: Attached Garage, Gate / Door Opener, Off-Street Parking

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public, Sewer in Street

Association/Amenities

  • Amenities Miscellaneous: Bay Window, Built-in Vacuum, High Ceiling, Skylight, Vaulted Ceiling, Walk-in Closet

Schools

  • High School: 265

Lot Info

  • Parcel Number: 189-37-072
  • Lot Acres: 0.3016
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 13138.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 13138.00

Green Features

  • Energy Features: Double Pane Windows, Energy Star Appliances, Energy Star HVAC, Energy Star Lighting, Insulation - Unknown, Low Flow Toilet, Skylight, Walls Insulated

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Natural Gas, Public Utilities

MLS Schools

  • High School District Text: Mountain View-Los Altos Union High
  • Elementary School Text: Covington Elementary
  • High School Text: Los Altos High
  • Middle School Text: Georgina P. Blach Intermediate

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 3, 2021
Sold by
Jones Michael Thomas and Lu Yinghua
Bought by
Jones Michael Thomas and Lu Yinghua
Current Estimated Value
$5,892,311

Purchase Details

Listed on
Aug 21, 2019
Closed on
Oct 14, 2019
Sold by
Bracke Victor G and Bracke Susanna Kim
Bought by
Jones Michael Thomas and Lu Yinghua
Seller's Agent
Kathy Bridgman
Compass
Buyer's Agent
Raymond Ni
Intero Real Estate Services
List Price
$4,495,000
Sold Price
$4,200,000
Premium/Discount to List
-$295,000
-6.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.56%
Original Mortgage
$1,999,999
Outstanding Balance
$1,748,494
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$4,143,817

Purchase Details

Listed on
Feb 29, 2012
Closed on
May 9, 2012
Sold by
Mo William Y and Mo Wen Juan Clara
Bought by
Bracke Victor G and Bracke Susanna Kim
Seller's Agent
David Troyer
Intero Real Estate Services
Buyer's Agent
Lilly Chow
Keller Williams Palo Alto
List Price
$2,468,000
Sold Price
$2,300,888
Premium/Discount to List
-$167,112
-6.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.50%

Purchase Details

Closed on
Apr 7, 2010
Sold by
Mo William Y and Mo Wen Juan Clara
Bought by
Mo William Y and Mo Wen Juan Clara

Purchase Details

Closed on
Jul 10, 1997
Sold by
Dyrdahl Clyde D and Dyrdahl Melissa L
Bought by
Mo William Y and Mo Wen Juan Clara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.95%

Purchase Details

Closed on
Dec 7, 1995
Sold by
Ting Annsheng C and Ting Dennis W
Bought by
Dyrdahl Clyde D and Dyrdahl Melissa L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
7.47%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jones Michael Thomas -- None Available
Jones Michael Thomas $4,200,000 Old Republic Title Company
Bracke Victor G $2,301,000 First American Title Company
Mo William Y -- None Available
Mo William Y -- North American Title Co
Dyrdahl Clyde D $430,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Michael Thomas $1,999,999
Previous Owner Mo William Y $650,000
Previous Owner Dyrdahl Clyde D $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/21/2019 10/21/19 Sold $4,200,000 -6.6% $1,268 / Sq Ft
09/21/2019 09/21/19 Pending -- -- --
08/21/2019 08/21/19 For Sale $4,495,000 +95.4% $1,358 / Sq Ft
06/05/2012 06/05/12 Sold $2,300,888 -4.1% $667 / Sq Ft View Prior Sale
05/03/2012 05/03/12 Pending -- -- --
04/02/2012 04/02/12 Price Changed $2,399,000 -2.8% $695 / Sq Ft
03/23/2012 03/23/12 For Sale $2,468,000 0.0% $715 / Sq Ft
03/22/2012 03/22/12 Pending -- -- --
03/21/2012 03/21/12 For Sale $2,468,000 0.0% $715 / Sq Ft
03/20/2012 03/20/12 Pending -- -- --
02/29/2012 02/29/12 For Sale $2,468,000 -- $715 / 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 $53,349 $4,593,310 $3,811,355 $781,955
2024 $53,349 $4,503,246 $3,736,623 $766,623
2023 $53,486 $4,414,948 $3,663,356 $751,592
2022 $52,116 $4,328,381 $3,591,526 $736,855
2021 $52,429 $4,243,511 $3,521,104 $722,407
2020 $52,287 $4,200,000 $3,485,000 $715,000
2019 $31,754 $2,590,758 $1,576,376 $1,014,382
2018 $31,390 $2,539,960 $1,545,467 $994,493
2017 $30,213 $2,490,158 $1,515,164 $974,994
2016 $29,508 $2,441,332 $1,485,455 $955,877
2015 $29,150 $2,404,662 $1,463,143 $941,519
2014 $28,675 $2,357,559 $1,434,483 $923,076
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81765405

MLSListings

APN: 189-37-072