NOT LISTED FOR SALE

640 Palm Ave Los Altos, CA 94022

Estimated Value: $4,246,000 - $5,524,418

3 Beds
3 Baths
2,099 Sq Ft
$2,366/Sq Ft Est. Value

Sale Details

Date Sold: March 3, 2021

Last sale price $4,183,000 $1,993 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $31,186 / mo

18 Days on Market

Highlights

  • Wine Cellar
  • Fireplace in Primary Bedroom
  • Wood Flooring
  • Gardner Bullis Elementary School Rated A
  • Deck
  • Main Floor Bedroom

About This Home

As of March 2021

This stunning remodeled designer home in the Old Los Altos neighborhood is the right mix of modern and classic craftsmanship. Designed to entertain, the open concept kitchen/great room is the center of this home. The kitchen has luxury appliances and the great room has a large sliding door providing the ultimate indoor-outdoor experience. The large fully fenced in backyard includes two water features. Your living space is extended with a large pergola and outdoor fireplace, perfect for outdoor seating or dining. The first floor has an office, guest bedroom, full bathroom with soaking tub and laundry room. The second floor has high ceilings with a master bedroom with a marble fireplace and large custom closet. The second bedroom upstairs has a full bathroom with high-end finishes. This corner lot home is walking distance to Downtown Los Altos and Shoup Park. This home comes with a complete set of architectural and engineering plans to build an ADU or guest home.

Last Agent to Sell the Property

Nicole Ruccolo

Golden Gate Sotheby's International Realty License #02101054 Listed on: 01/13/2021

Golden Gate Sotheby's International Realty

Last Buyer's Agent

Nicole Colclough

Golden Gate Sotheby's International Realty License #02090668

Golden Gate Sotheby's International Realty

Home Details

Home Type

  • Single Family

Year Built

  • 1981

Lot Details

  • 7,004 Sq Ft Lot
  • Sprinklers on Timer
  • Back Yard Fenced

Parking

  • 2 Car Attached Garage

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 2,099 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Skylights
  • Wine Cellar
  • Living Room with Fireplace
  • 3 Fireplaces
  • Formal Dining Room
  • Den
  • Wood Flooring
  • Crawl Space
  • Monitored

Kitchen

  • Open to Family Room
  • ENERGY STAR Qualified Appliances
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Remodeled Bathroom
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Dual Sinks
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Washer and Dryer

Eco-Friendly Details

  • ENERGY STAR/CFL/LED Lights

Outdoor Features

  • Deck
  • Outdoor Fireplace
  • Gazebo

Utilities

  • Forced Air Heating and Cooling System
  • Master Meter

Home Details

Home Type

Single Family

Year Built

1981

Lot Details

7,004 Sq Ft Lot

Parking

2

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 2099
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1981

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Living Room, Primary Bedroom, Outside
  • Dining Room: Formal Dining Room
  • Kitchen: Island With Sink
  • Fireplace: Yes
  • Living Sq Ft: 2099
  • Stories: 2
  • Security: Video / Audio System
  • Bedrooms: Ground Floor Bedroom
  • Laundry: Inside, Washer / Dryer
  • Flooring: Hardwood
  • Additional Rooms: Den / Study / Office, Wine Cellar / Storage
  • Fireplaces Min: 3
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Full On Ground Floor, Oversized Tub, Stall Shower - 2+, Updated Bath

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space
  • Roof: Composition
  • Yard/Grounds: Back Yard, Deck, Fenced, Gazebo, Outdoor Fireplace, Sprinklers - Auto
  • Fencing: Fenced Back
  • Construction Type: Stucco, Wood Frame

Garage/Parking

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

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Skylight

Schools

  • High School: 265

Lot Info

  • Lot Acres: 0.1608
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7005.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7005.00

Green Features

  • Energy Features: Energy Star Appliances, Energy Star Lighting

Multi Family

  • Utilities: Master Meter

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2021
Closed on
Mar 1, 2021
Sold by
Bought by
Seller's Agent
Nicole Ruccolo
Golden Gate Sotheby's International Realty
Buyer's Agent
Nicole Colclough
Golden Gate Sotheby's International Realty
List Price
$4,295,000
Sold Price
$4,183,000
Premium/Discount to List
-$112,000
-2.61%
Current Estimated Value
$4,966,855

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$783,855
Avg. Annual Appreciation
3.26%
Original Mortgage
$1,600,000
Outstanding Balance
$1,434,287
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$3,532,569

Purchase Details

Listed on
May 9, 2019
Closed on
Jun 26, 2019
Sold by
Bought by
Seller's Agent
David Troyer
Intero Real Estate Services
Buyer's Agent
Gary Bulanti
Compass
List Price
$3,150,000
Sold Price
$2,925,000
Premium/Discount to List
-$225,000
-7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.37%

Purchase Details

Closed on
Jan 26, 2006
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$4,183,000 Chicago Title Company
$2,925,000 First American Title Company
-- None Available
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,600,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/03/2021 03/03/21 Sold $4,183,000 -2.6% $1,993 / Sq Ft
02/01/2021 02/01/21 Pending -- -- --
01/13/2021 01/13/21 For Sale $4,295,000 +46.8% $2,046 / Sq Ft
07/15/2019 07/15/19 Sold $2,925,000 -2.4% $1,394 / Sq Ft View Prior Sale
06/22/2019 06/22/19 Pending -- -- --
06/06/2019 06/06/19 Price Changed $2,998,000 -4.8% $1,428 / Sq Ft
05/09/2019 05/09/19 For Sale $3,150,000 -- $1,501 / Sq Ft
Source: MLSListings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $54,188 $4,527,812 $3,445,380 $1,082,432
2024 $52,119 $4,439,032 $3,377,824 $1,061,208
2023 $48,173 $4,065,000 $3,093,200 $971,800
2022 $51,052 $4,266,660 $3,246,660 $1,020,000
2021 $36,572 $2,955,303 $2,727,972 $227,331
2020 $36,017 $2,925,000 $2,700,000 $225,000
2019 $4,394 $331,043 $29,884 $301,159
2018 $4,392 $324,553 $29,299 $295,254
2017 $5,024 $318,190 $28,725 $289,465
2016 $5,394 $311,952 $28,162 $283,790
2015 $4,643 $307,267 $27,739 $279,528
2014 $4,360 $301,249 $27,196 $274,053
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81825628

MLSListings

APN: 175-16-085

Your Personal Tour Guide

Ask me questions while you tour the home.