NOT LISTED FOR SALE

654 Jay St Los Altos, CA 94022

Estimated Value: $6,983,000 - $7,790,000

5 Beds
4 Baths
3,537 Sq Ft
$2,089/Sq Ft Est. Value

Last Sold August 20, 2014

Last sale price $3,750,003 $1,060 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $43,564/month

48 Days on Market

Highlights

  • Wine Cellar
  • Outdoor Pool
  • Primary Bedroom Suite
  • Almond Elementary School Rated A+
  • RV Access or Parking
  • Mountain View

About This Home

As of August 2014

One of a kind Spanish-influenced estate situated on over 1/2 acre landscaped w/large pool,bocce ball court,outdoor BBQ w/covered patio & separate Casita.Enjoy the open floorplan w/mission-style tile flooring throughout,dramatic beamed ceilings,large picture windows & spacious master suite. Significantly updated in its classic character,you will enjoy each facet of this unique property

Last Agent to Sell the Property

nicholas french

Christie's International Real Estate Sereno License #01350085 Listed on: 06/18/2014

Christie's International Real Estate Sereno

Last Buyer's Agent

Amar Realtor

Keller Williams Palo Alto License #01889230

Keller Williams Palo Alto

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $52,643

Year Built

  • Built in 1950

Lot Details

  • Security Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Zoning described as R1

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • RV Access or Parking

Property Views

  • Mountain
  • Neighborhood

Home Design

  • Spanish Architecture
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 3,537 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Double Pane Windows
  • Formal Entry
  • Wine Cellar
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Bonus Room
  • Storage Room
  • Tile Flooring

Kitchen

  • Breakfast Bar
  • Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Maid or Guest Quarters
  • 4 Full Bathrooms
  • Hydromassage or Jetted Bathtub
  • Walk-in Shower

Laundry

  • Laundry in Garage
  • Gas Dryer Hookup

Outdoor Features

  • Outdoor Pool
  • Covered Patio or Porch
  • Barbecue Area

Utilities

  • Forced Air Zoned Heating System
  • Radiant Heating System
  • Tankless Water Heater
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 170-32-012

Home Details

Home Type

Single Family

Est. Annual Taxes

$52,643

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Spanish
  • Age: 64
  • Sale Price Per Sq Ft: 1060.22
  • Level Street Main: Bedroom(s)
  • Listing Class: Residential
  • Structure Sq Ft: 3537
  • Incorporated: Yes
  • Map Book Page: 811
  • Map Side Coordinate: 6
  • Map Top Coordinate: F
  • Thomas Bros Page: 811
  • Thomas Brothers: F6
  • Year Built: 1950
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Living Room, Primary Bedroom, Wood Burning, Yes
  • Dining Room: Formal Dining Room, Breakfast Bar
  • Kitchen: Dishwasher, Cooktop, Garbage Disposal, Ovens - 2+, Hookups - Gas
  • Living Sq Ft: 3537
  • Stories: 1
  • Security: Security Fence
  • Bedrooms: Primary Suite / Retreat, Ground Floor Bedroom
  • Laundry: In Garage, Gas Hookup
  • Flooring: Tile
  • Additional Rooms: Bonus / Hobby Room, Den / Study / Office, Formal Entry, Guest Quarters, Wine Cellar / Storage, Storage
  • Maximum Bathrooms: 4
  • Maximum Numberof Bedrooms: 5
  • Minimum Bathrooms: 4
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Bathroom: Tubs - 1, Stall Shower - 2+, Tub in Primary Bedroom, Tub with Jets

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Pool - Yes
  • Roof: Composition
  • View: Mountains, Local/Neighborhood
  • Yard/Grounds: Patio(s)/Deck(s) - Covered, Sprinkler(s) - Front, Sprinkler(s) - Rear, Sprinklers - Auto, BBQ Area, Fenced
  • Pool: Yes
  • Exterior: Stucco

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Gate / Door Opener, RV/Boat Parking

Utilities

  • Heating System: Heating - 2+ Zones, Radiant, Forced Air
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Double Pane Windows(s), High Ceiling, Vaulted Ceiling

Schools

  • School District: Mountain View-Los Altos Union High
  • Elementary School: Almond Elementary
  • Middle School: Ardis G. Egan Intermediate
  • High School: Los Altos High
  • High School: 265
  • Elementary School: 128
  • Middle School: 133

Lot Info

  • Parcel Number: 170-32-012
  • List Price per Sq Ft: 1101.22
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 22712.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 22712.00
  • Lot Size Area Min Search: 22712.00
  • Maximum Lot Size: 22712.00
  • Map Book: Thomas Bros

Green Features

  • Energy Features: Double Pane Windows, Skylight, Tankless Water Heater, Ceiling Fan(s)

Multi Family

  • Maximum Building Height: 1
  • Minimum Building Height: 1

MLS Schools

  • High School District Text: Mountain View-Los Altos Union High
  • Elementary School Text: Almond Elementary
  • High School Text: Los Altos High
  • Middle School Text: Ardis G. Egan Intermediate

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 17, 2017
Sold by
Malhotra Manoj and Malhotra Nitasha
Bought by
Malhotra Manoj and Malhotra Nitasha
Current Estimated Value
$7,389,533

Purchase Details

Listed on
Jun 18, 2014
Closed on
Aug 18, 2014
Sold by
Lodestro James J and Lodestro Leslie B
Bought by
Malhotra Manoj and Malhotra Nitasha
Seller's Agent
nicholas french
Christie's International Real Estate Sereno
Buyer's Agent
Amar Realtor
Keller Williams Palo Alto
List Price
$3,998,000
Sold Price
$3,750,003
Premium/Discount to List
-$247,997
-6.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.29%
Original Mortgage
$2,625,000
Outstanding Balance
$1,915,306
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$5,474,227

Purchase Details

Closed on
Mar 21, 2003
Sold by
Lodestro James J and Lodestro Leslie B
Bought by
Lodestro James J and Lodestro Leslie B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,700
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 4, 1999
Sold by
Lodestro James J and Lodestro Leslie B
Bought by
Lodestro James J and Lodestro Leslie B
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
Malhotra Manoj -- None Available
Malhotra Manoj $3,750,250 Old Republic Title Company
Lodestro James J -- Old Republic Title Company
Lodestro James J -- Stewart Title Of California
Lodestro James J -- Stewart Title Of California
Lodestro James J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malhotra Manoj $2,625,000
Previous Owner Lodestro James J $322,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2014 08/27/14 Off Market $3,750,003 -- --
08/20/2014 08/20/14 Sold $3,750,003 -3.7% $1,060 / Sq Ft
08/05/2014 08/05/14 Pending -- -- --
07/07/2014 07/07/14 Price Changed $3,895,000 -2.6% $1,101 / Sq Ft
06/18/2014 06/18/14 For Sale $3,998,000 -- $1,130 / 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 $52,643 $4,578,889 $3,004,623 $1,574,266
2024 $52,643 $4,489,108 $2,945,709 $1,543,399
2023 $52,009 $4,401,087 $2,887,950 $1,513,137
2022 $51,572 $4,314,792 $2,831,324 $1,483,468
2021 $51,783 $4,230,189 $2,775,808 $1,454,381
2020 $52,174 $4,186,815 $2,747,346 $1,439,469
2019 $49,692 $4,104,722 $2,693,477 $1,411,245
2018 $49,015 $4,024,238 $2,640,664 $1,383,574
2017 $47,081 $3,945,333 $2,588,887 $1,356,446
2016 $46,816 $3,807,190 $2,538,125 $1,269,065
2015 $44,863 $3,750,003 $2,500,000 $1,250,003
2014 $12,980 $984,573 $575,953 $408,620
Source: Public Records

Agents Affiliated with this Home

  • nicholas french

    Seller's Agent in 2014

    nicholas french

    Sereno Group

    (650) 773-8000

    36 in this area

    199 Total Sales

    nicholas french
    Section Image
  • Amar Realtor

    Buyer's Agent in 2014

    Amar Realtor

    Keller Williams Palo Alto

    (650) 686-2627

    246 Total Sales

    Amar Realtor
    Section Image
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Map

Source: MLSListings

MLS Number: ML81421869

MLSListings

APN: 170-32-012

California Santa Clara County Los Altos 94022

654 Jay St, Los Altos, CA

This home is located at 654 Jay St, Los Altos, CA 94022 since 18 June 2014 and is currently estimated at $7,389,533, approximately $2,089 per square foot. This property was built in 1950. 654 Jay St is a home located in Santa Clara County with nearby schools including Almond Elementary School, Ardis G. Egan Junior High School, and Los Altos High School.

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