NOT LISTED FOR SALE

781 Parma Way Los Altos, CA 94024

Estimated Value: $3,385,000 - $5,102,000

4 Beds
2 Baths
2,294 Sq Ft
$1,983/Sq Ft Est. Value

Last Sold December 22, 2017

Last sale price $3,500,000 $1,526 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $28,068/month

14 Days on Market

Highlights

  • Granite Flooring
  • High Ceiling
  • Beamed Ceilings
  • Covington Elementary School Rated A+
  • Granite Countertops
  • Formal Dining Room

About This Home

As of December 2017

Open and Bright Remodel in South Los Altos. Premier location just one-half mile to Rancho Shopping Center. Bright, light-filled open design. 4 bedrooms and 2 baths on one level. New paint inside and out, refinished hardwood floors, and new bedroom carpeting. Formal living room plus open design for formal dining, gourmet kitchen, and everyday living. Fireplace in the living room and great room. Private backyard with play structure, large shed, plus spacious lawn and patios

Last Agent to Sell the Property

Kathy Bridgman

Compass License #01189798 Listed on: 11/13/2017

Compass

Last Buyer's Agent

Doug Goss

KW Bay Area Estates License #01182111

KW Bay Area Estates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $47,045

Year Built

  • Built in 1946

Lot Details

  • 0.28 Acre Lot
  • Gated Home
  • Sprinklers on Timer
  • Back Yard Fenced
  • Zoning described as R110

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Guest Parking
  • On-Street Parking
  • Uncovered Parking
  • Off-Street Parking

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,294 Sq Ft Home
  • 1-Story Property
  • Entertainment System
  • Beamed Ceilings
  • High Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Monitored
  • Gas Dryer Hookup

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Built-In Double Oven
  • Electric Oven
  • Gas Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Granite

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Granite Bathroom Countertops
  • Bathtub with Shower
  • Walk-in Shower

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Separate Meters
  • 220 Volts
  • Individual Gas Meter
  • Water Filtration System
  • Water Purifier is Owned
  • Water Softener is Owned

Additional Features

  • Air Purifier
  • Shed

Listing and Financial Details

  • Assessor Parcel Number 189-42-043

Home Details

Home Type

Single Family

Est. Annual Taxes

$47,045

Year Built

Built in 1946

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 71
  • Listing Class: Residential
  • Structure Sq Ft: 2294
  • Year Built: 1946
  • Zoning Description: R110
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Family Room, Gas Starter, Living Room, Wood Burning
  • Dining Room: Breakfast Bar, Dining Area, Formal Dining Room, Skylight
  • Kitchen: 220 Volt Outlet, Cooktop - Gas, Countertop - Granite, Dishwasher, Exhaust Fan, Freezer, Garbage Disposal, Microwave, Oven - Built-In, Oven - Double, Oven - Electric, Refrigerator
  • Living Sq Ft: 2294
  • Stories: 1
  • Security: Security Alarm, Video / Audio System
  • Bedrooms: Ground Floor Bedroom, Primary Bedroom on Ground Floor, More than One Bedroom on Ground Floor, Walk-in Closet
  • Laundry: Electricity Hookup (110V), Electricity Hookup (220V), Gas Hookup
  • Flooring: Carpet, Granite, Hardwood
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Bathroom: Granite, Primary - Stall Shower(s), Shower over Tub - 1, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition
  • Yard/Grounds: Back Yard, Fenced, Sprinklers - Auto, Sprinklers - Lawn, Storage Shed / Structure
  • Fencing: Fenced, Fenced Back, Gate

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Gate / Door Opener, Guest / Visitor Parking, Off-Street Parking, On Street, Room for Oversized Vehicle, Uncovered Parking

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Air Purifier, High Ceiling, Open Beam Ceiling, Skylight, Video / Audio System, Walk-in Closet

Schools

  • School District: Mountain View-Los Altos Union High
  • Elementary School: Covington Elementary
  • Middle School: Georgina P. Blach Intermediate
  • High School: Los Altos High
  • High School: 265
  • Elementary School: 130
  • Middle School: 129

Lot Info

  • Parcel Number: 189-42-043
  • Lot Acres: 0.2800
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 12196.80
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 12196.80

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities

MLS Schools

  • High School District Text: Mountain View-Los Altos Union High
  • Elementary School Text: Covington Elementary
  • High School Text: Los Altos High
  • Middle School Text: Georgina P. Blach Intermediate

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 24, 2018
Sold by
Deshpande Tania and Deshpande Alok
Bought by
Deshpande Alok and Deshpande Tania
Total Days on Market
14
Current Estimated Value
$4,550,046

Purchase Details

Listed on
Nov 13, 2017
Closed on
Dec 6, 2017
Sold by
Spelser Leonard and Spelser Jessica S M
Bought by
Deshpande Tania and Deshpande Alok
Seller's Agent
Kathy Bridgman
Compass
Buyer's Agent
Doug Goss
KW Bay Area Estates
List Price
$2,995,000
Sold Price
$3,500,000
Premium/Discount to List
$505,000
16.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.32%
Original Mortgage
$2,500,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 2016
Sold by
Speiser Leonard and Speiser Jessica S M
Bought by
The Speiser Trust Agreement and Speiser Jessica S M

Purchase Details

Closed on
Jul 20, 2007
Sold by
Ashok Rob and Patrawal Svasti Arvind Patel
Bought by
Speiser Leonard and Speiser Jessica S M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,203,000
Interest Rate
6.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 22, 2005
Sold by
Patrawala Rob Ashok and Patel Patrawala Svasti Arvind
Bought by
Patrawala Rob Ashok and Patel Patrawala Svasti Arvind

Purchase Details

Closed on
Apr 24, 2002
Sold by
Thompson Brian J and Thompson Janet L
Bought by
Patrawala Rob and Patrawala Svasti Patel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.08%
Mortgage Type
Unknown

Purchase Details

Closed on
May 9, 1994
Sold by
Ryan John E and Ryan Victoria M
Bought by
Thompson Brian J and Thompson Janet L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,200
Interest Rate
7.37%
Source: Public Records

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Range of Values:

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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
Deshpande Alok -- None Available
Deshpande Tania $3,500,000 Old Republic Title Co
The Speiser Trust Agreement -- None Available
Speiser Leonard $2,005,000 Financial Title Company
Patrawala Rob Ashok -- --
Patrawala Rob $1,500,000 Financial Title Company
Thompson Brian J $619,000 First American Title Guarant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alok Deshpande $2,275,000
Closed Deshpande Alok $2,275,000
Closed Deshpande Tania $2,500,000
Previous Owner Speiser Leonard $700,000
Previous Owner Speiser Leonard $729,000
Previous Owner Speiser Leonard $1,203,000
Previous Owner Patrawala Rob Ashok $500,000
Previous Owner Patrawala Rob $1,000,000
Previous Owner Patrawala Rob $1,000,000
Previous Owner Patrawala Rob $999,000
Previous Owner Patel Patrawala Svasti $100,000
Previous Owner Patrawala Rob $1,000,000
Previous Owner Thompson Brian J $476,000
Previous Owner Thompson Brian J $495,200
Closed Patrawala Rob $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2017 12/22/17 Sold $3,500,000 +16.9% $1,526 / Sq Ft
11/28/2017 11/28/17 Pending -- -- --
11/13/2017 11/13/17 For Sale $2,995,000 -- $1,306 / 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
2024 $47,045 $3,983,053 $3,569,659 $413,394
2023 $39,305 $3,280,000 $2,998,800 $281,200
2022 $41,232 $3,410,000 $3,100,000 $310,000
2021 $45,422 $3,679,124 $3,363,771 $315,353
2020 $45,611 $3,641,400 $3,329,280 $312,120
2019 $43,664 $3,570,000 $3,264,000 $306,000
2018 $42,793 $3,500,000 $3,200,000 $300,000
2017 $27,670 $2,269,200 $1,816,495 $452,705
2016 $27,015 $2,224,707 $1,780,878 $443,829
2015 $26,863 $2,191,291 $1,754,128 $437,163
2014 $24,019 $1,947,000 $1,558,600 $388,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81684704

MLSListings

APN: 189-42-043