NOT LISTED FOR SALE

621 Parma Way Los Altos, CA 94024

Estimated Value: $4,655,000 - $5,639,409

4 Beds
2 Baths
1,918 Sq Ft
$2,769/Sq Ft Est. Value

Last Sold July 24, 2020

Last sale price $3,200,000 $1,668 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $32,857/month

10 Days on Market

Highlights

  • Primary Bedroom Suite
  • Fireplace in Primary Bedroom
  • Attic
  • Covington Elementary School Rated A+
  • Wood Flooring
  • Granite Countertops

About This Home

As of July 2020

Gorgeous remodel ready to move right in! Granite slab kitchen, stainless appliances, chef's delight gas cooktop, remodeled baths, Anderson double-pane windows and doors, newer interior doors, new paint, crown moulding, and refinished hardwood floors! Excellent floorpan, light, bright, and sunny with lots of windows, master suite on left with its own bath, giant master suite on right has a separate entrance, office area, and room to add its own bathroom! Big private quiet backyard with a separate office/playhouse/hobby room (guest bedroom?) entertainer's patio, lots of grass to play on, and all of the many types of fruit and berries that you can eat! Prime location on a super-quiet side street yet walk to top-rated Covington Elementary, Rosita Park, Rancho groceries and coffee, and to downtown Los Altos with all of its events! Bike to Blach Middle and Los Altos High, and to Caltrain, Google, Apple, Facebook, and to ALL of the great companies! Do not miss this one!

Last Agent to Sell the Property

Eric Fischer-Colbrie

Intero Real Estate Services License #00922040 Listed on: 05/23/2020

Intero Real Estate Services

Last Buyer's Agent

Elizabeth Thompson

Christie's International Real Estate Sereno License #01382997

Christie's International Real Estate Sereno

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $56,034

Year Built

  • 1952

Lot Details

  • 9,888 Sq Ft Lot
  • Fenced

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,918 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Formal Entry
  • Separate Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Combination Dining and Living Room
  • Crawl Space
  • Electric Dryer Hookup
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Built-In Self-Cleaning Oven
  • Gas Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Double Master Bedroom
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Additional Features

  • 50 SF Accessory Dwelling Unit
  • Forced Air Heating System

Home Details

Home Type

Single Family

Est. Annual Taxes

$56,034

Year Built

1952

Lot Details

0

Parking

2

Listing Details

  • Zoning: R110
  • Subclass: Single Family Home
  • Age: 68
  • Listing Class: Residential
  • Second Res Apx Sq Ft: 50
  • Structure Sq Ft: 1918
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1952

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room, Primary Bedroom, Wood Burning
  • Dining Room: Breakfast Nook, Dining Area, Dining Area In Living Room
  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Garbage Disposal, Ice Maker, Microwave, Oven - Built-In, Oven - Self Cleaning, Oven Range - Built-In, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 1918
  • Stories: 1
  • Bedrooms: Primary Suite / Retreate - 2+, More Than One Primary Bedroom
  • Laundry: Electricity Hookup (220V)
  • Flooring: Hardwood, Tile
  • Additional Rooms: Attic, Formal Entry
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Bathroom: Primary - Stall Shower(s), Shower Over Tub - 1, Stall Shower, Tile, Tub

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space, Wood Frame
  • Roof: Composition
  • Fencing: Fenced

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: Mountain View-Los Altos Union High
  • Elementary School: Covington Elementary
  • Middle School: Georgina P. Blach Intermediate
  • High School: Los Altos High
  • High School: 265
  • Elementary School: 130
  • Middle School: 129

Lot Info

  • Lot Acres: 0.2270
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9888.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 9888.00

Multi Family

  • Utilities: Public Utilities
  • Second Unit Description: office-playhous

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2020
Closed on
Jun 11, 2020
Sold by
Tolomeo Jason A
Bought by
Lee Willis and Lee Lauren K
Seller's Agent
Eric Fischer-Colbrie
Intero Real Estate Services
Buyer's Agent
Elizabeth Thompson
Christie's International Real Estate Sereno
List Price
$3,295,000
Sold Price
$3,200,000
Premium/Discount to List
-$95,000
-2.88%
Total Days on Market
10
Current Estimated Value
$5,311,352

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,111,352
Avg. Annual Appreciation
10.77%
Original Mortgage
$2,200,000
Outstanding Balance
$1,971,530
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$3,284,767

Purchase Details

Closed on
May 4, 2016
Sold by
Tolomeo Jason A
Bought by
Tolomeo Jason A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$999,000
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2014
Sold by
Tolomeo Jason A and Tolomeo Deborah E
Bought by
Tolomeo Jason A and Tolomeo Deborah E

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
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 2010
Sold by
Tolomeo Jason and Tolomeo Deborah
Bought by
Tolomeo Jason A and Tolomeo Deborah E

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
4.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 16, 2005
Sold by
Tolomeo Jason A and Tolomeo Deborah E
Bought by
Tolomeo Jason A and Tolomeo Deborah E

Purchase Details

Closed on
May 19, 2005
Sold by
Graham Hermine Z
Bought by
Tolomeo Jason A and Tolomeo Deborah E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,189,000
Interest Rate
5.84%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 24, 2004
Sold by
Graham Hermine Z
Bought by
Graham Hermine Z

Purchase Details

Closed on
Jun 4, 1996
Sold by
Graham Bruce and Graham Hermine Z
Bought by
Graham Bruce and Graham Hermine Z
Source: Public Records

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Range of Values:

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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
Lee Willis $3,200,000 Chicago Title Company
Tolomeo Jason A -- First American Title Company
Tolomeo Jason A -- First American Title Company
Tolomeo Jason A -- First American Title Company
Tolomeo Jason A -- North American Title Company
Tolomeo Jason -- North American Title Company
Tolomeo Jason A -- --
Tolomeo Jason A $1,579,000 Financial Title Company
Graham Hermine Z -- --
Graham Bruce -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Willis $2,200,000
Previous Owner Tolomeo Jason A $999,000
Previous Owner Tolomeo Jason A $1,000,000
Previous Owner Tolomeo Jason $1,000,000
Previous Owner Tolomeo Jason A $1,189,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2020 07/24/20 Sold $3,200,000 -2.9% $1,668 / Sq Ft
06/03/2020 06/03/20 Pending -- -- --
05/23/2020 05/23/20 For Sale $3,295,000 -- $1,718 / 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
2024 $56,034 $4,804,257 $3,226,072 $1,578,185
2023 $45,274 $3,838,302 $3,162,816 $675,486
2022 $39,202 $3,264,000 $3,100,800 $163,200
2021 $39,520 $3,200,000 $3,040,000 $160,000
2020 $25,714 $2,012,517 $1,911,835 $100,682
2019 $24,500 $1,973,057 $1,874,349 $98,708
2018 $24,203 $1,934,371 $1,837,598 $96,773
2017 $23,286 $1,896,443 $1,801,567 $94,876
2016 $22,765 $1,859,259 $1,766,243 $93,016
2015 $22,468 $1,831,332 $1,739,713 $91,619
2014 $22,138 $1,795,460 $1,705,635 $89,825
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81793796

MLSListings

APN: 189-40-046