NOT LISTED FOR SALE

7003 Marcelli Cir Los Altos, CA 94022

Estimated Value: $2,007,000 - $2,119,000

3 Beds
2.5 Baths
1,429 Sq Ft
$1,446/Sq Ft Est. Value

Last Sold November 23, 2022

Last sale price $1,925,000 $1,347 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $12,777/month

12 Days on Market

Highlights

  • High Ceiling
  • Quartz Countertops
  • 2 Car Attached Garage
  • Almond Elementary School Rated A
  • Balcony
  • Walk-In Closet

About This Home

As of November 2022

Luxurious townhouse built in 2014 with style, modern amenities and energy efficient features in a fantastic North Los Altos location. Perfectly laid out 3 bdr/2.5 baths open floor plan with high ceilings, crisp crown moldings, designer color palette, and espresso hardwood flooring. Gourmet kitchen w/ quartz slab countertops, Carrara marble backsplash, ample cabinetry, breakfast bar, and quality GE Monogram appliances, high-end retractable screens on outside doors. The 3 bedrooms on the upper level are outfitted with custom window treatments, ample closet spaces and soft carpeting, plus a convenient upstairs laundry area. Professional garage epoxy flooring plus EV charger. With ideal location and minutes to the best of Los Altos schools, Los Altos Village, vibrant downtowns, Caltrain and commute routes to all of Silicon Valley, this immaculate home awaits its new owners! A warm and welcoming community where kids play outside, ride their bikes to schools and neighbors become friends!

Last Agent to Sell the Property

Yvette Stout

Illuminate Properties License #01461495 Listed on: 10/12/2022

Illuminate Properties

Last Buyer's Agent

Fan Wang

Keller Williams Thrive License #02131128

Keller Williams Thrive

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2014

Lot Details

  • 436

Parking

  • 2 Car Attached Garage
  • Electric Vehicle Home Charger
  • Garage Door Opener

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,429 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Washer and Dryer

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Range Hood
  • Microwave
  • Dishwasher
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Additional Features

  • Balcony
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 170-70-031

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area electricity, common area gas, exterior painting, garbage, insurance - common area, insurance - liability, landscaping / gardening, maintenance - common area, maintenance - exterior, management fee, roof
  • Sherwood Gateway Community HOA
  • Built by Sherwood Gateway

Pet Policy

  • Pets Allowed with Restrictions

Townhouse Details

Home Type

Townhome

Year Built

Built in 2014

Lot Details

0

Parking

2

Listing Details

  • Subclass: Townhouse
  • Restrictions: Pets - Restrictions
  • Listing Class: Residential
  • Structure Sq Ft: 1429
  • Complex Name: Sherwood Gateway
  • Year Built: 2014
  • Zoning Description: R35
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room
  • Dining Room: Breakfast Bar, Dining Area in Living Room
  • Kitchen: Countertop - Quartz, Dishwasher, Garbage Disposal, Hood Over Range, Microwave, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 1429
  • Stories: 2
  • Laundry: Washer / Dryer
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition
  • Yard/Grounds: Balcony / Patio

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage, Common Parking Area, Electric Car Hookup, Gate / Door Opener

Utilities

  • Cooling System: Ceiling Fan, Central AC
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Walk-in Closet

Condo/Co-op/Association

  • HOA Fees: 284
  • Association Fees Include: Common Area Electricity, Common Area Gas, Exterior Painting, Garbage, Insurance - Common Area, Insurance - Liability, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Management Fee, Roof
  • H O A Name Text: Sherwood Gateway Community HOA
  • H O A Exist: Yes

Schools

  • High School: 265

Lot Info

  • Parcel Number: 170-70-031

Multi Family

  • Utilities: Public Utilities

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

Matterport 3D Tours

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2022
Closed on
Oct 25, 2022
Sold by
Najarian Armen Louis
Bought by
Liu Mingming and Zhou Xiaobo
Seller's Agent
Yvette Stout
Illuminate Properties
Buyer's Agent
Fan Wang
Keller Williams Thrive
List Price
$1,950,000
Sold Price
$1,925,000
Premium/Discount to List
-$25,000
-1.28%
Views
11
Current Estimated Value
$2,065,628

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,628
Avg. Annual Appreciation
2.29%
Original Mortgage
$962,500
Outstanding Balance
$923,835
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$1,141,793

Purchase Details

Listed on
Sep 30, 2021
Closed on
Oct 27, 2021
Sold by
Najarian Kristin
Bought by
Najarian Armen Louis
Seller's Agent
Mary Sanbrook
Signature Properties
Buyer's Agent
Yvette Stout
Illuminate Properties
List Price
$2,125,000
Sold Price
$2,035,000
Premium/Discount to List
-$90,000
-4.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.11%

Purchase Details

Listed on
Sep 30, 2021
Closed on
Oct 26, 2021
Sold by
Abregana Jerome and Loh Stella
Bought by
Najarian Armen Louis
Seller's Agent
Mary Sanbrook
Signature Properties
Buyer's Agent
Yvette Stout
Illuminate Properties
List Price
$2,125,000
Sold Price
$2,035,000
Premium/Discount to List
-$90,000
-4.24%

Purchase Details

Closed on
Mar 28, 2014
Sold by
Abregana Jerome and Loh Stella
Bought by
Loh Abregana Family Trust and Loh Stella

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$838,553
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 30, 2014
Sold by
Lennar Homes Of California Inc
Bought by
Abregana Jerome and Loh Stella

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$838,553
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Liu Mingming $1,925,000 Chicago Title
Najarian Armen Louis -- Lawyers Title Company
Najarian Armen Louis $2,035,000 Lawyers Title Company
Loh Abregana Family Trust -- None Available
Abregana Jerome $1,048,500 North American Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liu Mingming $962,500
Previous Owner Abregana Jerome $838,553
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/23/2022 11/23/22 Sold $1,925,000 -1.3% $1,347 / Sq Ft
10/25/2022 10/25/22 Pending -- -- --
10/12/2022 10/12/22 For Sale $1,950,000 -4.2% $1,365 / Sq Ft
11/02/2021 11/02/21 Sold $2,035,000 -4.2% $1,424 / Sq Ft View Prior Sale
10/19/2021 10/19/21 Pending -- -- --
09/30/2021 09/30/21 For Sale $2,125,000 -- $1,487 / 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 $23,830 $2,002,770 $1,001,385 $1,001,385
2024 $23,830 $1,963,500 $981,750 $981,750
2023 $23,422 $1,925,000 $962,500 $962,500
2022 $24,966 $2,035,000 $1,017,500 $1,017,500
2021 $15,425 $1,187,080 $593,540 $593,540
2020 $15,512 $1,174,908 $587,454 $587,454
2019 $14,777 $1,151,872 $575,936 $575,936
2018 $14,564 $1,129,288 $564,644 $564,644
2017 $14,109 $1,107,146 $553,573 $553,573
2016 $13,736 $1,085,438 $542,719 $542,719
2015 $13,465 $1,069,134 $534,567 $534,567
2014 $6,889 $478,382 $276,542 $201,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81910259

MLSListings

APN: 170-70-031