NOT LISTED FOR SALE

869 Terrace Dr Los Altos, CA 94024

Loyola Neighborhood

Estimated Value: $4,982,000 - $5,993,000

5 Beds
3.5 Baths
2,989 Sq Ft
$1,787/Sq Ft Est. Value

Last Sold June 10, 2022

Last sale price $4,825,000 $1,614 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $32,424/month

9 Days on Market

Highlights

  • Private Pool
  • Primary Bedroom Suite
  • Vaulted Ceiling
  • Loyola Elementary School Rated A
  • Family Room with Fireplace
  • Traditional Architecture

About This Home

As of June 2022

Nestled in the prestigious Country Club, this executive estate is perfectly suited to entertain guests year-round w/its versatile floor plan & spectacular grounds. Offering lush plantings of rose bushes, azaleas, and camellias. A majestic oak tree greets you as you walk along the interlocking paver walkway to the covered porch. The design incorporates formal spaces w/vaulted ceilings, decorative lighting, hardwood flooring & windows/doors stream in sunlight & views of cascading gardens. Boasting 2 primary suites w/tastefully appointed baths, one suite w/sliding door to backyard & other suite has bonus office space & private side entrance. 3 additional bedrooms share hall bath w/access to backyard. Enjoy the refreshing pool/spa & gardens as you relax in the privacy of your backyard. Ideal location approx. 0.3 mi to LA Golf & CC, 1.0 mi to Rancho Shopping & a quick drive to The Village. This outstanding home is minutes to top LA schools, parks, library, tech companies & commute routes.

Last Agent to Sell the Property

Shelly Roberson

Compass License #01143296 Listed on: 05/04/2022

Compass

Last Buyer's Agent

Ali Naimi

Redfin License #01955531

Redfin

Home Details

Home Type

  • Single Family

Year Built

  • 1975

Lot Details

  • 0.27 Acre Lot
  • Kennel or Dog Run
  • Wood Fence
  • Sprinklers on Timer
  • Mostly Level
  • Back Yard

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Wood Frame Construction
  • Metal Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,989 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Neighborhood Views
  • Alarm System

Kitchen

  • Double Self-Cleaning Oven
  • Electric Oven
  • Microwave
  • Dishwasher
  • Corian Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite
  • Remodeled Bathroom
  • Bathroom on Main Level
  • Dual Sinks
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Washer and Dryer

Outdoor Features

  • Private Pool
  • Balcony

Utilities

  • Forced Air Heating System

Home Details

Home Type

Single Family

Year Built

1975

Lot Details

0.27 Acres

Parking

2

Listing Details

  • Zoning: R1E-2
  • Subclass: Single Family Home
  • Style: Ranch, Traditional
  • Listing Class: Residential
  • Structure Sq Ft: 2989
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1975

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Gas Log, Living Room, Wood Burning
  • Dining Room: Formal Dining Room
  • Kitchen: Countertop - Solid Surface / Corian, Dishwasher, Garbage Disposal, Microwave, Oven - Double, Oven - Electric, Oven - Self Cleaning
  • Fireplace: Yes
  • Living Sq Ft: 2989
  • Stories: 1
  • Security: Security Alarm
  • Bedrooms: Ground Floor Bedroom, More Than One Primary Bedroom On Ground Floor, Primary Suite / Retreate - 2+
  • Laundry: Inside, Washer / Dryer
  • Flooring: Carpet, Tile, Wood
  • Fireplaces Min: 2
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Bathroom: Double Sinks, Full On Ground Floor, Half On Ground Floor, Primary - Stall Shower(s), Shower Over Tub - 1, Stall Shower - 2+, Updated Bath

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Pool Description: Yes
  • Roof: Metal
  • View: Neighborhood
  • Yard/Grounds: Back Yard, Balcony / Patio, Dog Run / Kennel, Fenced, Sprinklers - Auto, Sprinklers - Lawn
  • Fencing: Wood
  • Pool: Heated - Solar, Pool - Heated, Pool - In Ground, Pool / Spa Combo, Spa - In Ground
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Skylight, Vaulted Ceiling

Lot Info

  • Lot Description: Grade - Mostly Level
  • Lot Acres: 0.2690
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 11717.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 11717.00

Green Features

  • Energy Features: Double Pane Windows

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 10, 2025
Sold by
Moorthy Nikhil and Moorthy Geetanjali
Bought by
Moorthy Living Trust and Moorthy
Current Estimated Value
$5,341,878

Purchase Details

Listed on
May 4, 2022
Closed on
Jun 3, 2022
Sold by
Specht Living Trust
Bought by
Moorthy Nikhil and Moorthy Geetanjali
Seller's Agent
Shelly Roberson
Compass
Buyer's Agent
Ali Naimi
Redfin
List Price
$4,595,000
Sold Price
$4,825,000
Premium/Discount to List
$230,000
5.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.75%
Original Mortgage
$3,618,750
Interest Rate
5.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 2021
Sold by
Specht David Joseph
Bought by
Specht David J and Specht Living Trust

Purchase Details

Closed on
Jul 28, 2015
Sold by
Specht Donald F
Bought by
Specht 1990 Living Trust
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
Moorthy Living Trust -- None Listed On Document
Moorthy Nikhil $4,825,000 Old Republic Title
Specht David J -- None Available
Specht 1990 Living Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Moorthy Nikhil $3,618,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2022 06/10/22 Sold $4,825,000 +5.0% $1,614 / Sq Ft
05/13/2022 05/13/22 Pending -- -- --
05/04/2022 05/04/22 For Sale $4,595,000 -- $1,537 / Sq Ft
Source: MLSListings

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 $59,181 $5,120,328 $4,563,194 $557,134
2024 $59,181 $5,019,930 $4,473,720 $546,210
2023 $58,231 $4,921,500 $4,386,000 $535,500
2022 $7,383 $558,480 $149,387 $409,093
2021 $7,250 $547,530 $146,458 $401,072
2020 $7,319 $541,917 $144,957 $396,960
2019 $7,209 $531,292 $142,115 $389,177
2018 $6,695 $520,876 $139,329 $381,547
2017 $6,567 $510,664 $136,598 $374,066
2016 $5,120 $382,652 $133,920 $248,732
2015 $5,073 $376,905 $131,909 $244,996
2014 $4,726 $369,523 $129,326 $240,197
Source: Public Records

Agents Affiliated with this Home

  • Shelly Roberson

    Seller's Agent in 2022

    Shelly Roberson

    Compass

    (650) 464-3797

    1 in this area

    82 Total Sales

    Shelly Roberson
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Map

Source: MLSListings

MLS Number: ML81890125

MLSListings

APN: 331-12-176

California Santa Clara County Los Altos 94024 Loyola

869 Terrace Dr, Los Altos, CA

Not Listed for Sale

Detached

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