NOT LISTED FOR SALE

686 Spargur Dr Los Altos, CA 94022

Estimated Value: $9,011,303 - $9,300,000

6 Beds
6 Baths
5,850 Sq Ft
$1,568/Sq Ft Est. Value

Last Sold May 23, 2022

Last sale price $7,100,000 $1,214 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $50,221/month

249 Days on Market

Highlights

  • Media Room
  • Sauna
  • Wood Flooring
  • Almond Elementary School Rated A
  • Fireplace in Primary Bedroom
  • Marble Bathroom Countertops

About This Home

As of May 2022

Magnificent, Nearly New, Custom Built Smart Home This spectacular, nearly new home, was built for the successful family that wants to regain some of their time. It provides you the luxurious features and finishes you expect but also gives you quick access to high-tech companies and the amenities provided by Silicon Valley business districts. The separate free-standing studio cottage will provide a place for out of town guests, or for hired help to work from or even live in. Thoroughly modern, with finishes and designs. the aesthetics appeal to modern tastes without the stark simplicity of many modern contemporary designs. The covered and well-lit patio, with a built-in kitchen, will provide you with delightful outdoor dining opportunities whether you want twilight dining or a warm afternoon outside. Numerous paving stone patio areas, and open but verdant green landscaping, make your outdoor experience thoroughly enjoyable and relaxing.

Last Agent to Sell the Property

Juliana Lee

JLEE Realty License #70010194 Listed on: 08/11/2021

Last Buyer's Agent

Arpad Racz

Altas Realty License #01242362

Home Details

Home Type

  • Single Family

Year Built

  • 2019

Lot Details

  • 0.38 Acre Lot
  • Security Fence
  • Gated Home
  • Wood Fence
  • Level Lot
  • Irrigation
  • Back Yard

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Electric Gate

Home Design

  • Farmhouse Style Home
  • Wood Frame Construction
  • Tile Roof

Interior Spaces

  • 5,850 Sq Ft Home
  • 1-Story Property
  • Entertainment System
  • Ceiling Fan
  • Skylights in Kitchen
  • Circular Fireplace
  • Living Room with Fireplace
  • 3 Fireplaces
  • Open Floorplan
  • Dining Area
  • Media Room
  • Den
  • Sauna
  • Wood Flooring
  • Neighborhood Views
  • Finished Basement
  • Sump Drainage

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Built-In Oven
  • Electric Cooktop
  • Freezer
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • 6 Full Bathrooms
  • Marble Bathroom Countertops
  • Granite Bathroom Countertops
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Smart Home
  • Panic Alarm
  • Monitored
  • Fire and Smoke Detector

Outdoor Features

  • Balcony
  • Outdoor Fireplace
  • Barbecue Area

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Mounted To A Wall/Window
  • Vented Exhaust Fan
  • Heat Pump System
  • Heating System Uses Gas
  • Separate Meters
  • 220 Volts
  • Power Generator
  • Water Filtration System
  • Water Storage
  • Water Softener is Owned

Community Details

  • Security Service
  • Controlled Access

Home Details

Home Type

Single Family

Year Built

2019

Lot Details

0

Parking

2

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Style: Farm House
  • Listing Class: Residential
  • Structure Sq Ft: 5850
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2019

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Living Room, Outside, Primary Bedroom
  • Dining Room: Breakfast Bar, Dining Area, Dining Area In Family Room, Dining Area In Living Room, Skylight
  • Kitchen: 220 Volt Outlet, Cooktop - Electric, Dishwasher, Exhaust Fan, Freezer, Garbage Disposal, Island With Sink, Oven - Built-In, Refrigerator, Skylight, Wine Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 5850
  • Stories: 1
  • Security: Closed Circuit Monitoring (24-Hour), Controlled / Secured Access, Fire Alarm, Panic Alarm, Security Fence, Security Service, Video / Audio System
  • Bedrooms: Ground Floor Bedroom, More Than One Bedroom On Ground Floor, Primary Bedroom On Ground Floor, Walk-In Closet
  • Laundry: Dryer, Tub / Sink, Washer
  • Flooring: Hardwood
  • Additional Rooms: Basement - Finished, Den / Study / Office, Laundry Room, Media / Home Theater
  • Fireplaces Min: 3
  • Full Bathrooms: 6
  • Total Bedrooms: 6
  • Bathroom: Full On Ground Floor, Granite, Half On Ground Floor, Marble, Primary - Stall Shower(s), Sauna, Shower And Tub, Tub In Primary Bedroom

Exterior Features

  • Foundation: Wood Frame
  • Roof: Tile
  • View: Neighborhood
  • Yard/Grounds: Back Yard, Balcony / Patio, Bbq Area, Fenced, Outdoor Fireplace
  • Fencing: Gate, Wood
  • Construction Type: Wood

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Common Parking Area, Drive Through, Electric Gate, Gate / Door Opener

Utilities

  • Cooling System: Ceiling Fan, Central Ac, Window / Wall Unit
  • Heating System: Central Forced Air, Fireplace, Gas, Heat Pump
  • Sewer/Septic System: Drainage - Other, Drainage - Sump

Association/Amenities

  • Amenities Miscellaneous: Skylight, Video / Audio System, Walk-In Closet

Schools

  • High School: 265

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.3812
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 16604.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 16604.00

Green Features

  • Energy Features: Smart Home System

Multi Family

  • Utilities: Diesel, Generator, Individual Electric Meters, Natural Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2021
Closed on
May 9, 2022
Sold by
Rainbow Grace Usa Inc
Bought by
Kasturi Family Trust
Seller's Agent
Juliana Lee
JLEE Realty
Buyer's Agent
Arpad Racz
Altas Realty
List Price
$7,900,000
Sold Price
$7,100,000
Premium/Discount to List
-$800,000
-10.13%
Current Estimated Value
$8,234,521

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,134,521
Avg. Annual Appreciation
7.29%
Original Mortgage
$4,260,000
Outstanding Balance
$3,975,997
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$5,197,771

Purchase Details

Listed on
Mar 6, 2019
Closed on
May 7, 2019
Sold by
18598 Mccoy Investment Llc
Bought by
Rainbow Grace Usa Inc
Seller's Agent
Vahe Baronian
Intero Real Estate Services
Buyer's Agent
Juliana Lee
Realty One Group - World Properties
List Price
$6,998,000
Sold Price
$7,000,000
Premium/Discount to List
$2,000
0.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.48%

Purchase Details

Closed on
Dec 29, 2016
Sold by
Shi Shana and Estate Of Jenny Shi
Bought by
18598 Mccoy Investment Llc

Purchase Details

Closed on
Aug 10, 2016
Sold by
Shi Luze
Bought by
Shi Shana

Purchase Details

Closed on
Jun 16, 2014
Sold by
Shi Jenny
Bought by
Luze Shi Jenny and Luze Shi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$506,000
Interest Rate
4.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 4, 2011
Sold by
Shi Jing Min
Bought by
Luze Shi Jing Min and Luze Shi

Purchase Details

Closed on
Nov 15, 2010
Sold by
Williams Jeffrey H and Williams Family Revocable Trus
Bought by
Shi Jing Min

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$678,000
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2004
Sold by
Williams Marguerite and Williams Family Revocable Inte
Bought by
Williams Marguerite and Trust A Williams Family Revoca

Purchase Details

Closed on
Aug 21, 2003
Sold by
The Wiliams Family Revocable Intervivos
Bought by
Williams Harold and Williams Marguerite
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kasturi Family Trust $7,100,000 Lawyers Title
Rainbow Grace Usa Inc $7,000,000 Orange Coast Ttl Co Of Nocal
18598 Mccoy Investment Llc $2,200,000 Chicago Title Company
Shi Shana $180,000 None Available
Luze Shi Jenny -- Accommodation
Shi Jenny -- Fidelity National Title Co
Luze Shi Jing Min $226,500 None Available
Shi Jing Min $1,130,000 North American Title Co Inc
Williams Marguerite -- --
Williams Harold -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kasturi Family Trust $4,260,000
Previous Owner Shi Jenny $506,000
Previous Owner Shi Jing Min $678,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/23/2022 05/23/22 Sold $7,100,000 +2.2% $1,214 / Sq Ft
04/18/2022 04/18/22 Pending -- -- --
03/23/2022 03/23/22 Price Changed $6,950,000 -8.6% $1,188 / Sq Ft
01/04/2022 01/04/22 Price Changed $7,600,000 -3.8% $1,299 / Sq Ft
01/01/2022 01/01/22 For Sale $7,900,000 +11.3% $1,350 / Sq Ft
12/13/2021 12/13/21 Off Market $7,100,000 -- --
08/11/2021 08/11/21 For Sale $7,900,000 +12.9% $1,350 / Sq Ft
06/04/2019 06/04/19 Sold $7,000,000 +1.6% $1,186 / Sq Ft View Prior Sale
04/29/2019 04/29/19 Pending -- -- --
04/17/2019 04/17/19 Price Changed $6,888,000 -1.6% $1,167 / Sq Ft
03/06/2019 03/06/19 For Sale $6,998,000 -- $1,186 / 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 $85,950 $7,534,576 $4,350,952 $3,183,624
2024 $85,950 $7,386,840 $4,265,640 $3,121,200
2023 $84,835 $7,242,000 $4,182,000 $3,060,000
2022 $86,895 $7,358,248 $3,679,124 $3,679,124
2021 $87,397 $7,213,970 $3,606,985 $3,606,985
2020 $87,909 $7,140,000 $3,570,000 $3,570,000
2019 $62,090 $5,176,880 $2,288,880 $2,888,000
2018 $28,988 $2,337,800 $2,244,000 $93,800
2017 $25,369 $2,049,941 $2,043,289 $6,652
2016 $24,571 $1,994,060 $1,987,538 $6,522
2015 $24,206 $1,963,460 $1,956,321 $7,139
2014 $15,097 $1,180,988 $1,173,673 $7,315
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81857873

MLSListings

APN: 170-20-073