NOT LISTED FOR SALE

651 Palm Ave Los Altos, CA 94022

Estimated Value: $4,129,000 - $4,580,000

4 Beds
3.5 Baths
1,866 Sq Ft
$2,338/Sq Ft Est. Value

Last Sold May 12, 2017

Last sale price $2,620,000 $1,404 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $25,828/month

12 Days on Market

Highlights

  • Vaulted Ceiling
  • Wood Flooring
  • Mud Room
  • Gardner Bullis Elementary School Rated A
  • Marble Countertops
  • Den

About This Home

As of May 2017

Surprisingly spacious and extensively remodeled with an open concept floor plan. Premier location just one-half mile to the Village. One level with 4 bedrooms and 3 baths (plus half-bath in garage). Fully fenced, tiled front courtyard creates a wonderful outdoor living room. Tremendous great room kitchen plus separate family room. Rear alley access to a detached and finished garage currently used for recreation space with half-bath. Landscaped rear yard with ample room for entertaining and play.

Last Agent to Sell the Property

Kathy Bridgman

Compass License #01189798 Listed on: 03/27/2017

Compass

Last Buyer's Agent

Lisa Dippel

Intero Real Estate Services License #01035286

Intero Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,369

Year Built

  • Built in 1960

Lot Details

  • 6,621 Sq Ft Lot
  • Back and Front Yard Fenced
  • Sprinklers on Timer
  • Drought Tolerant Landscaping
  • Grass Covered Lot
  • Zoning described as R1

Parking

  • 1 Car Detached Garage
  • Uncovered Parking
  • Off-Street Parking

Home Design

  • Ceiling Insulation
  • Wood Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,866 Sq Ft Home
  • 1-Story Property
  • Entertainment System
  • Wired For Sound
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights in Kitchen
  • Fireplace With Gas Starter
  • Double Pane Windows
  • Mud Room
  • Separate Family Room
  • Combination Dining and Living Room
  • Den
  • Workshop
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Oven
  • Gas Cooktop
  • Range Hood
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Marble Countertops
  • Disposal

Flooring

  • Wood
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Low Flow Toliet
  • Low Flow Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Eco-Friendly Details

  • Green Features
  • Energy-Efficient HVAC

Outdoor Features

  • Balcony
  • Shed
  • Barbecue Area

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Heating System Uses Gas
  • Thermostat
  • Tankless Water Heater

Community Details

  • Courtyard

Listing and Financial Details

  • Assessor Parcel Number 175-17-023

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,369

Year Built

Built in 1960

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 1866
  • Year Built: 1960
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Starter
  • Dining Room: Breakfast Bar, Dining Area in Living Room, Eat in Kitchen, No Formal Dining Room, Skylight
  • Kitchen: Cooktop - Gas, Countertop - Marble, Dishwasher, Exhaust Fan, Freezer, Garbage Disposal, Hood Over Range, Hookups - Gas, Ice Maker, Island, Oven - Built-In, Oven Range - Built-In, Gas, Pantry, Refrigerator, Skylight
  • Living Sq Ft: 1866
  • Stories: 1
  • Security: Fire Alarm
  • Laundry: Dryer, Gas Hookup, Hookup - Washer/Dryer, Washer
  • Flooring: Hardwood, Stone, Tile
  • Additional Rooms: Den / Study / Office, Laundry Room, Mud Room, Workshop
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab, Crawl Space
  • Roof: Wood Shakes / Shingles
  • Yard/Grounds: Back Yard, Balcony / Patio, BBQ Area, Courtyard, Drought Tolerant Plants, Fenced, Low Maintenance, Sprinklers - Auto, Sprinklers - Lawn, Storage Shed / Structure
  • Fencing: Fenced, Fenced Back, Fenced Front, Gate, Wood

Garage/Parking

  • Garage Spaces: 1
  • Garage Parking Features: Covered Parking, Detached Garage, Off-Street Parking, Uncovered Parking

Utilities

  • Cooling System: Ceiling Fan, Central Forced Air - Gas
  • Heating System: Central Forced Air - Gas, Fireplace, Forced Air, Gas
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Skylight, Vaulted Ceiling, Video / Audio System

Lot Info

  • Parcel Number: 175-17-023
  • Lot Acres: 0.1520
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6600.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6600.00

Green Features

  • Energy Features: Ceiling Insulation, Double Pane Windows, Energy Star Appliances, Energy Star HVAC, Green Features, Low Flow Shower, Low Flow Toilet, Skylight, Tankless Water Heater, Thermostat Controller

Multi Family

  • Utilities: Public Utilities

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2017
Closed on
Apr 26, 2017
Sold by
Macqueen Matthew S and Macqueen Kathrfn C
Bought by
Liu Kai and Liu Joanna Y
Seller's Agent
Kathy Bridgman
Compass
Buyer's Agent
Lisa Dippel
Intero Real Estate Services
List Price
$2,495,000
Sold Price
$2,620,000
Premium/Discount to List
$125,000
5.01%
Current Estimated Value
$4,362,785

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,742,785
Avg. Annual Appreciation
6.21%
Original Mortgage
$1,025,000
Outstanding Balance
$828,510
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,534,275

Purchase Details

Listed on
Jun 12, 2014
Closed on
Jun 27, 2014
Sold by
Baugus Gerald R and Baugus Terriann M
Bought by
Macqueen Matthew S and Macqueen Kathryn C
Seller's Agent
Susan Marsella
Coldwell Banker Realty
Buyer's Agent
Gary Herbert
Coldwell Banker Realty
List Price
$1,550,000
Sold Price
$1,730,000
Premium/Discount to List
$180,000
11.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.74%
Original Mortgage
$1,384,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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

Date Buyer Sale Price Title Company
Liu Kai $2,620,000 Old Republic Title Company
Macqueen Matthew S $1,730,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liu Kai $1,025,000
Previous Owner Macqueen Matthew S $1,384,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/12/2017 05/12/17 Sold $2,620,000 +5.0% $1,404 / Sq Ft
04/09/2017 04/09/17 Pending -- -- --
03/27/2017 03/27/17 For Sale $2,495,000 +44.2% $1,337 / Sq Ft
07/11/2014 07/11/14 Sold $1,730,000 +11.6% $927 / Sq Ft View Prior Sale
06/24/2014 06/24/14 Pending -- -- --
06/12/2014 06/12/14 For Sale $1,550,000 -- $831 / 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 $35,369 $3,040,731 $2,669,345 $371,386
2024 $35,369 $2,981,109 $2,617,005 $364,104
2023 $34,858 $2,922,657 $2,565,692 $356,965
2022 $34,655 $2,865,351 $2,515,385 $349,966
2021 $34,883 $2,809,168 $2,466,064 $343,104
2020 $35,122 $2,780,364 $2,440,778 $339,586
2019 $33,491 $2,725,848 $2,392,920 $332,928
2018 $33,107 $2,672,400 $2,346,000 $326,400
2017 $22,617 $1,829,508 $1,615,465 $214,043
2016 $21,573 $1,756,382 $1,282,159 $474,223
2015 $21,226 $1,730,000 $1,262,900 $467,100
2014 $3,943 $234,552 $108,672 $125,880
Source: Public Records

Agents Affiliated with this Home

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

Map

Source: MLSListings

MLS Number: ML81644014

MLSListings

APN: 175-17-023