NOT LISTED FOR SALE

826 Parma Way Los Altos, CA 94024

Estimated Value: $4,624,000 - $5,817,000

3 Beds
3 Baths
2,671 Sq Ft
$1,990/Sq Ft Est. Value

Last Sold June 12, 2017

Last sale price $3,500,000 $1,310 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $33,270/month

Highlights

  • Wood Flooring
  • 3 Fireplaces
  • Breakfast Room
  • Covington Elementary School Rated A+
  • Granite Countertops
  • <<tubWithShowerToken>>

About This Home

As of June 2017

Located on a prime section of Parma Way, this 2671 sq.ft. 3 bedroom, 3 full bath home on a 12,384 sq.ft. lot, is perfection. The home has been exquisitely updated and gorgeously landscaped. Seldom do we see homes that elicit such a universally positive response from all who enter. Its location is both private and quiet, yet commuter routes are easily accessed. Excellent Los Altos Schools.

Last Agent to Sell the Property

Pat Looney

Christie's International Real Estate Sereno License #00980335 Listed on: 05/17/2017

Last Buyer's Agent

Meryle Sussman

Christie's International Real Estate Sereno License #01247038

Christie's International Real Estate Sereno

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $46,992

Year Built

  • Built in 1948

Lot Details

  • 0.28 Acre Lot
  • Level Lot
  • Zoning described as R110

Parking

  • 2 Car Garage

Home Design

  • Shake Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,671 Sq Ft Home
  • 1-Story Property
  • Skylights in Kitchen
  • 3 Fireplaces
  • Fireplace With Gas Starter
  • Separate Family Room
  • Breakfast Room
  • Formal Dining Room
  • Washer and Dryer

Kitchen

  • Gas Cooktop
  • <<microwave>>
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms
  • Granite Bathroom Countertops
  • Dual Sinks
  • <<tubWithShowerToken>>

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 189-41-057

Home Details

Home Type

Single Family

Est. Annual Taxes

$46,992

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch
  • Age: 69
  • Listing Class: Residential
  • Structure Sq Ft: 2671
  • Year Built: 1948
  • Zoning Description: R110
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Starter
  • Dining Room: Breakfast Room, Formal Dining Room
  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Garbage Disposal, Microwave, Refrigerator, Skylight
  • Living Sq Ft: 2671
  • Stories: 1
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Hardwood
  • Fireplaces Min: 3
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Granite, Shower and Tub
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Shake

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Parking Area

Utilities

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

Schools

  • School District: Mountain View-Los Altos Union High

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 189-41-057
  • Lot Acres: 0.2840
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 12384.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 12384.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Mountain View-Los Altos Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 25, 2024
Sold by
Wasti Ali and Wasti Irana
Bought by
Wasti Family Trust and Wasti
Current Estimated Value
$5,315,006

Purchase Details

Listed on
May 17, 2017
Closed on
May 19, 2017
Sold by
Funk James M and Funk Kim J
Bought by
Wasti Ali and Wasti Irana
Seller's Agent
Pat Looney
Christie's International Real Estate Sereno
Buyer's Agent
Meryle Sussman
Christie's International Real Estate Sereno
List Price
$3,495,000
Sold Price
$3,500,000
Premium/Discount to List
$5,000
0.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.29%
Original Mortgage
$2,500,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 16, 2016
Sold by
Funk James M and Funk Kim J
Bought by
The Funk Family Trust

Purchase Details

Closed on
May 12, 2010
Sold by
Funk James M and Funk Kim J
Bought by
Funk James M and Funk Kim J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 10, 2005
Sold by
Schneider Michael E and Schneider Carlita P
Bought by
Funk James M and Fletcher Kim J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Wasti Family Trust -- None Listed On Document
Wasti Ali $3,500,000 Chicago Title Company
The Funk Family Trust -- None Available
Funk James M -- Old Republic Title Company
Funk James M $1,825,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wasti Ali $2,500,000
Previous Owner Funk James M $960,000
Previous Owner Funk James M $1,000,000
Previous Owner Funk James M $1,100,000
Previous Owner Schneider Michael E $375,000
Previous Owner Schneider Michael E $359,000
Previous Owner Schneider Michael E $100,000
Closed Funk James M $325,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2017 06/12/17 Sold $3,500,000 +0.1% $1,310 / Sq Ft
05/17/2017 05/17/17 Pending -- -- --
05/17/2017 05/17/17 For Sale $3,495,000 -- $1,308 / 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 $46,992 $3,982,399 $3,185,921 $796,478
2023 $46,544 $3,904,313 $3,123,452 $780,861
2022 $46,236 $3,827,758 $3,062,208 $765,550
2021 $46,221 $3,752,705 $3,002,165 $750,540
2020 $46,548 $3,714,227 $2,971,382 $742,845
2019 $44,201 $3,641,400 $2,913,120 $728,280
2018 $43,569 $3,570,000 $2,856,000 $714,000
2017 $26,872 $2,191,902 $1,801,567 $390,335
2016 $26,110 $2,148,925 $1,766,243 $382,682
2015 $25,936 $2,116,647 $1,739,713 $376,934
2014 $25,530 $2,075,186 $1,705,635 $369,551
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2017

    Pat Looney

    Sereno Group

    Section Image

  • M

    Buyer's Agent in 2017

    Meryle Sussman

    Sereno Group

    Section Image
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Map

Source: MLSListings

MLS Number: ML81651911

MLSListings

APN: 189-41-057

California Santa Clara County Los Altos 94024

826 Parma Way, Los Altos, CA

This home is located at 826 Parma Way, Los Altos, CA 94024 since 17 May 2017 and is currently estimated at $5,315,006, approximately $1,989 per square foot. This property was built in 1948. 826 Parma Way is a home located in Santa Clara County with nearby schools including Covington Elementary School, Georgina P. Blach Junior High School, and Los Altos High School.

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