NOT LISTED FOR SALE

651 Twelve Acres Dr Los Altos, CA 94022

Estimated Value: $4,728,000 - $5,275,000

4 Beds
3 Baths
2,377 Sq Ft
$2,146/Sq Ft Est. Value

Last Sold May 28, 2021

Last sale price $4,050,000 $1,704 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $31,157/month

6 Days on Market

Highlights

  • Deck
  • Family Room with Fireplace
  • Main Floor Primary Bedroom
  • Santa Rita Elementary School Rated A
  • Wood Flooring
  • Hydromassage or Jetted Bathtub

About This Home

As of May 2021

Majestic Oak tree welcomes you & gives you a feeling of being far away from it all. Perfectly placed on one of he best streets in North Los Altos, this newly remodeled home features high-end gourmet kitchen awaits the chef with stainless appliances, granite counters, gas cooktop, casual dining & slider to yard. Show-stopper bathrooms! Convenient ground floor primary suite & additional bed/bath on the main level. Upstairs features 2 beds/1 bath & office loft in this user-friendly floor plan. Formal dining, family room with fireplace that opens to endless backyard fun! In the living room, imagine yourself sipping your favorite drink by the cozy fireplace enjoying the picture perfect view, privacy and tranquility. Expansive backyard boasts beautiful koi pond, hot tub, grass, large deck for dining al fresco. The artist in you will love the art studio which can be zoom or yoga room. Great schools, Santa Rita elem, Egan, Los Altos high. Enjoy lovely downtown Los Altos. www.651TwelveAcres.com

Last Agent to Sell the Property

Shelly Potvin

Christie's International Real Estate Sereno License #01236885 Listed on: 04/22/2021

Christie's International Real Estate Sereno

Last Buyer's Agent

Francis Rolland

Coldwell Banker Realty License #00896319

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $50,592

Year Built

  • 1960

Lot Details

  • Level Lot
  • Sprinklers on Timer
  • Grass Covered Lot
  • Back Yard Fenced

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Guest Parking
  • On-Street Parking

Home Design

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

Interior Spaces

  • 2,377 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Storage Room
  • Neighborhood Views

Kitchen

  • Built-In Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Washer and Dryer
  • Laundry Tub

Outdoor Features

  • Deck
  • Barbecue Area

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Sewer Within 50 Feet

Home Details

Home Type

Single Family

Est. Annual Taxes

$50,592

Year Built

1960

Lot Details

0

Parking

2

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Age: 61
  • Listing Class: Residential
  • Structure Sq Ft: 2377
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1960

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Living Room
  • Dining Room: Formal Dining Room
  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Ice Maker, Microwave, Oven - Built-In, Oven Range - Built-In, Gas, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 2377
  • Stories: 2
  • Bedrooms: Ground Floor Bedroom, Primary Bedroom On Ground Floor, More Than One Bedroom On Ground Floor
  • Laundry: In Utility Room, Inside, Tub / Sink, Washer / Dryer
  • Flooring: Hardwood, Tile
  • Additional Rooms: Laundry Room, Office Area, Storage
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Bathroom: Showers Over Tubs - 2+, Tub In Primary Bedroom, Tub With Jets, Tubs - 2+

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition, Shake
  • View: Neighborhood
  • Yard/Grounds: Back Yard, Bbq Area, Deck, Fenced, Low Maintenance, Sprinklers - Auto, Sprinklers - Lawn
  • Fencing: Fenced Back, Wood
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Gate / Door Opener, Guest / Visitor Parking, On Street, Room For Oversized Vehicle

Utilities

  • Heating System: Forced Air
  • Sewer/Septic System: Sewer Connected, Sewer In Street

Schools

  • School District: Mountain View-Los Altos Union High
  • Elementary School: Santa Rita Elementary
  • Middle School: Ardis G. Egan Intermediate
  • High School: Los Altos High
  • High School: 265
  • Elementary School: 136
  • Middle School: 133

Lot Info

  • Lot Description: Grade - Level
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9971.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 9971.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 8, 2021
Sold by
Leute Kirsten
Bought by
Leute Kirsten and The Leute Living Trust
Current Estimated Value
$5,101,541

Purchase Details

Listed on
Apr 22, 2021
Closed on
May 27, 2021
Sold by
Frazee David
Bought by
Leute Kirsten
Seller's Agent
Shelly Potvin
Christie's International Real Estate Sereno
Buyer's Agent
Francis Rolland
Coldwell Banker Realty
List Price
$3,658,000
Sold Price
$4,050,000
Premium/Discount to List
$392,000
10.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.47%
Original Mortgage
$3,000,000
Outstanding Balance
$2,726,178
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$2,374,161

Purchase Details

Listed on
Apr 22, 2021
Closed on
May 5, 2021
Sold by
Marrin Revocable Trust and Marrin Lynn
Bought by
Leute Kirsten
Seller's Agent
Shelly Potvin
Christie's International Real Estate Sereno
Buyer's Agent
Francis Rolland
Coldwell Banker Realty
List Price
$3,658,000
Sold Price
$4,050,000
Premium/Discount to List
$392,000
10.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Outstanding Balance
$2,726,178
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$2,374,161

Purchase Details

Closed on
May 6, 2011
Sold by
Marrin Christopher F and Marrin Lynn
Bought by
Marrin Chris and Marrin Lynn

Purchase Details

Closed on
Jun 10, 2003
Sold by
Law Chuck and Law Solange Gia
Bought by
Marrin Christopher F and Marrin Lynn L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$945,000
Interest Rate
5.26%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 21, 2003
Sold by
Law Chuck and Law Solange Gia
Bought by
Law Chuck and Law Solange Gia
Source: Public Records

Range of Values:

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Average Value
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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
Leute Kirsten -- None Available
Leute Kirsten -- Chicago Title
Leute Kirsten $4,050,000 Chicago Title
Marrin Chris -- None Available
Marrin Christopher F $1,350,000 North American Title Company
Law Chuck -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leute Kirsten $3,000,000
Previous Owner Marrin Christopher F $729,750
Previous Owner Marrin Christopher F $945,000
Previous Owner Law Chuck $406,000
Previous Owner Law Chuck $100,000
Previous Owner Law Chuck $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2021 05/28/21 Sold $4,050,000 +10.7% $1,704 / Sq Ft
04/29/2021 04/29/21 Pending -- -- --
04/22/2021 04/22/21 For Sale $3,658,000 -- $1,539 / 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 $50,592 $4,383,849 $3,842,633 $541,216
2024 $50,592 $4,297,892 $3,767,288 $530,604
2023 $49,941 $4,213,620 $3,693,420 $520,200
2022 $49,335 $4,131,000 $3,621,000 $510,000
2021 $22,600 $1,773,240 $1,313,516 $459,724
2020 $22,649 $1,755,059 $1,300,048 $455,011
2019 $21,610 $1,720,647 $1,274,557 $446,090
2018 $21,312 $1,686,910 $1,249,566 $437,344
2017 $20,659 $1,653,834 $1,225,065 $428,769
2016 $20,198 $1,621,407 $1,201,045 $420,362
2015 $20,007 $1,597,053 $1,183,005 $414,048
2014 $19,787 $1,565,770 $1,159,832 $405,938
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81840373

MLSListings

APN: 167-25-039