$3,200,000
SOLD JUL 1, 2025

86 3rd St Unit 304 Los Altos, CA 94022

3 Beds
2 Baths
1,570 Sq Ft
1,150 Sq Ft Lot

Recently Sold

$2,038 Per Sq Ft

7% Above List Price

0 Day on Market

Highlights

  • Unit is on the top floor
  • Ridge View
  • Vaulted Ceiling
  • Gardner Bullis Elementary School Rated A
  • Contemporary Architecture
  • 4-minute walk to Los Altos Village Park

About This Home

As of July 2025

Welcome to 86 Third Street. #304 This beautifully appointed 3-bedroom, 2-bathroom residence in the heart of Downtown Los Altos offers the perfect blend of space, style, and walkable convenience. With approximately 1,570 square feet, this third-floor condo boasts a thoughtfully designed layout featuring a separate dining room, a spacious living area, and a private balcony with Mountain Views for seamless indoor-outdoor living. Natural light fills the open-concept interior, accentuating elegant finishes and a timeless design. The primary suite is generously sized, with a large en-suite bathroom and walk-in closet. Two additional bedrooms and an Office/Den provide flexibility for guest rooms, a home office, or a hobby space. Located in a sought-after, secure building, just steps from top-rated restaurants, boutique shops, cafes, and the local farmers market, this is downtown Los Altos living at its finest. Enjoy comfort, convenience, and a coveted location in one beautiful home.

Last Agent to Sell the Property

Christina Ulleseit

Pellego License #01983681 Listed on: 06/18/2025

Pellego

Last Buyer's Agent

Angie Galatolo

The Agency License #01701418

The Agency

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2016

Parking

  • 2 Car Garage
  • Electric Vehicle Home Charger
  • Electric Gate
  • Secured Garage or Parking
  • Guest Parking
  • Assigned Parking

Property Views

  • Ridge
  • Hills
  • Neighborhood

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Ceiling Insulation
  • Composition Roof
  • Concrete Perimeter Foundation
  • Masonry
  • Stucco
  • Stone

Interior Spaces

  • 1,570 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Circular Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Utility Room

Kitchen

  • Breakfast Bar
  • Built-In Self-Cleaning Oven
  • Electric Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Low Flow Toliet
  • Bathtub with Shower
  • Walk-in Shower
  • Low Flow Shower

Laundry

  • Laundry in Utility Room
  • Washer and Dryer

Home Security

  • Security Gate
  • Intercom

Eco-Friendly Details

  • Energy-Efficient HVAC
  • Energy-Efficient Insulation
  • ENERGY STAR/CFL/LED Lights

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Thermostat
  • Separate Meters
  • Individual Gas Meter
  • Tankless Water Heater
  • Cable TV Available

Additional Features

  • Balcony
  • Unit is on the top floor

Listing and Financial Details

  • No Waterbeds Allowed
  • Assessor Parcel Number 167-64-021

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include maintenance - exterior, exterior painting, garbage, insurance - hazard, landscaping / gardening, insurance - liability, management fee, reserves, roof, security service, sewer, water, common area electricity, water / sewer, maintenance - road, insurance - common area, insurance - structure, common area gas, maintenance - common area
  • 20 Units
  • 86 Third Street Homeowners Association
  • Built by The Villas on Third

Amenities

  • Elevator
  • Community Storage Space

Pet Policy

  • Pets Allowed

Security

  • Security Service
  • Controlled Access
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Year Built

Built in 2016

Lot Details

0

Parking

2

Listing Details

  • Subclass: Condominium
  • Style: Contemporary
  • Restrictions: Pets - Rules, Pets - Allowed, Age - No Restrictions, No Waterbeds
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 20
  • Structure Sq Ft: 1570
  • Complex Name: The Villas on Third
  • Incorporated: Yes
  • Year Built: 2016
  • Zoning Description: CD
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Burning, Living Room
  • Dining Room: No Formal Dining Room, Dining Area, Dining Bar
  • Kitchen: Countertop - Granite, Dishwasher, Cooktop - Gas, Garbage Disposal, Hood Over Range, Island, Microwave, Oven - Built-In, Oven - Self Cleaning, Exhaust Fan, Refrigerator, Oven - Electric
  • Living Sq Ft: 1570
  • Stories: 1
  • Security: Fire Alarm, Fire System - Sprinkler, Secured Garage / Parking, Controlled / Secured Access, Closed Circuit Monitoring (24-hour), Security Service
  • Bedrooms: Walk-in Closet
  • Laundry: Washer / Dryer, In Utility Room
  • Flooring: Tile, Carpet, Hardwood
  • Additional Rooms: Den / Study / Office, Utility Room
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Shower over Tub - 1, Double Sinks, Primary - Stall Shower(s)
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Composition
  • View: Hills, Ridge, Neighborhood
  • Yard/Grounds: Balcony / Patio
  • Construction Type: Masonry, Stone, Wood Frame, Stucco, Concrete

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Assigned Spaces, Electric Car Hookup, Electric Gate, Guest / Visitor Parking

Utilities

  • Cooling System: Central AC
  • Heating System: Heat Pump, Electric
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Condo/Co-op/Association

  • HOA Fees: 698
  • HOA Amenities: Elevator, Additional Storage
  • Association Fees Include: Maintenance - Exterior, Exterior Painting, Garbage, Insurance - Hazard, Landscaping / Gardening, Insurance - Liability, Management Fee, Reserves, Roof, Security Service, Sewer, Water, Common Area Electricity, Water / Sewer, Maintenance - Road, Insurance - Common Area, Insurance - Structure, Common Area Gas, Maintenance - Common Area
  • H O A Name Text: 86 Third Street Homeowners Association
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Walk-in Closet, Vaulted Ceiling, High Ceiling, Security Gate

Lot Info

  • Parcel Number: 167-64-021
  • Lot Acres: 0.0264
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1148.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1148.00

Green Features

  • Energy Features: Low Flow Shower, Low Flow Toilet, Walls Insulated, Ceiling Insulation, Energy Star Appliances, Tankless Water Heater, Thermostat Controller, Energy Star HVAC, Energy Star Lighting, Double Pane Windows

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities, Natural Gas
  • Unit Features: Top Floor or Penthouse

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2025
Closed on
Jun 27, 2025
Sold by
Downtown Nana Llc
Bought by
Gerhardt Mark S and Gerhardt Carolyn
Seller's Agent
Christina Ulleseit
Pellego
Buyer's Agent
Angie Galatolo
The Agency
List Price
$3,000,000
Sold Price
$3,200,000
Premium/Discount to List
$200,000
6.67%
Views
1
Current Estimated Value
$3,093,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$106,285
Avg. Annual Appreciation
-6.53%
Original Mortgage
$3,200,000
Outstanding Balance
$3,186,230
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
-$92,515

Purchase Details

Closed on
Mar 12, 2021
Sold by
Joy 1993 Revocable Trust and Joy Ken E
Bought by
Downtown Nana Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Grant Deed $3,200,000 First American Title
Grant Deed $2,850,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,200,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2025 07/01/25 Sold $3,200,000 +6.7% $2,038 / Sq Ft
06/18/2025 06/18/25 Pending -- -- --
06/18/2025 06/18/25 For Sale $3,000,000 -- $1,911 / 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 $35,984 $3,084,930 $1,542,465 $1,542,465
2024 $35,984 $3,024,442 $1,512,221 $1,512,221
2023 $35,425 $2,965,140 $1,482,570 $1,482,570
2022 $35,078 $2,907,000 $1,453,500 $1,453,500
2021 $24,878 $1,981,576 $990,788 $990,788
2020 $24,811 $1,961,258 $980,629 $980,629
2019 $23,628 $1,922,802 $961,401 $961,401
2018 $23,360 $1,885,100 $942,550 $942,550
2017 $22,859 $1,848,138 $924,069 $924,069
2016 $8,113 $599,874 $198,230 $401,644
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML82011472

MLSListings

APN: 167-64-021