881 Parma Way Los Altos, CA 94024
Estimated Value: $5,182,000 - $8,301,000
5
Beds
6
Baths
5,186
Sq Ft
$1,374/Sq Ft
Est. Value
Highlights
- Wine Cellar
- Primary Bedroom Suite
- Vaulted Ceiling
- Covington Elementary School Rated A+
- Fireplace in Primary Bedroom
- Marble Flooring
About This Home
As of May 2014Stunning newer & luxurious 5 bed/4 full bath/2 half bath home w/ rustic & elegant charm! Features lovely tile backsplash/stone countertops/breakfast bar in kitchen, den, domed/vaulted ceilings, 3 stone mantel fireplaces, private theater & wine cellar! Easy access to top Los Altos schools (Covington Elementary, Blach Middle & Los Altos High) & beautiful view of Hale Creek.
Last Listed By
Juliana Lee
Keller Williams Palo Alto License #00851314 Listed on: 04/21/2014
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $53,360
Year Built
- Built in 2006
Lot Details
- Fenced
- Level Lot
- Sprinklers on Timer
- Zoning described as R110
Parking
- 2 Car Garage
- Garage Door Opener
- Off-Street Parking
Home Design
- Mediterranean Architecture
- Ceiling Insulation
- Tile Roof
- Concrete Perimeter Foundation
Interior Spaces
- 5,186 Sq Ft Home
- 3-Story Property
- Wet Bar
- Central Vacuum
- Vaulted Ceiling
- Skylights
- Gas Log Fireplace
- Double Pane Windows
- Formal Entry
- Wine Cellar
- Family Room with Fireplace
- Living Room with Fireplace
- Open Floorplan
- Formal Dining Room
- Den
- Library
- Garden Views
- Attic
Kitchen
- Breakfast Area or Nook
- Breakfast Bar
- Built-In Self-Cleaning Oven
- Freezer
- Dishwasher
- Trash Compactor
- Disposal
Flooring
- Wood
- Marble
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Main Floor Bedroom
- Fireplace in Primary Bedroom
- Primary Bedroom Suite
- Hydromassage or Jetted Bathtub
- Bathtub with Shower
- Steam Shower
- Walk-in Shower
Laundry
- Dryer
- Washer
Home Security
- Intercom
- Fire and Smoke Detector
- Fire Sprinkler System
Eco-Friendly Details
- Energy-Efficient Insulation
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Gas
- Thermostat
- 220 Volts
- Tankless Water Heater
- Septic Tank
- Sewer Within 50 Feet
Listing and Financial Details
- Assessor Parcel Number 189-42-034
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 29, 2017
Sold by
Chung Andrew and Chung Coral
Bought by
Chung Andrew Gee Wai and Chung Coral Chen
Total Days on Market
11
Current Estimated Value
Purchase Details
Listed on
Apr 21, 2014
Closed on
May 14, 2014
Sold by
Huo Xinru
Bought by
Chung Andrew and Chen Coral
Seller's Agent
Juliana Lee
Keller Williams Palo Alto
Buyer's Agent
Craig Pellegrini
Intero Real Estate Services
List Price
$4,000,000
Sold Price
$3,650,000
Premium/Discount to List
-$350,000
-8.75%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.26%
Original Mortgage
$2,555,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Nov 23, 2009
Sold by
Adlpardar Hamid and Shakeri Saeed
Bought by
Huo Xinru
Purchase Details
Closed on
Aug 28, 2006
Sold by
Shakeri Saeed R
Bought by
Adlparvar Hamid and Shakeri Saeed
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,010,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 15, 2004
Sold by
Adiparvar Hamid and Shakeri Saeed
Bought by
Pci Development Co Llc
Purchase Details
Closed on
Oct 23, 2003
Sold by
Moayedi Avid Zare
Bought by
Adiparvar Hamid
Purchase Details
Closed on
Oct 21, 2003
Sold by
Kobal Val Michael and Kobal Valerie Aston
Bought by
Adlparvar Hamid and Shakeri Saeed
Purchase Details
Closed on
Apr 6, 2000
Sold by
Kobal Val M and Kobal Valerie A
Bought by
Kobal Val Michael and Kobal Valerie Aston
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Similar Homes in Los Altos, CA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Chung Andrew Gee Wai | -- | None Available | |
| Chung Andrew | $3,650,000 | Old Republic Title Company | |
| Huo Xinru | $2,720,000 | Chicago Title Company | |
| Adlparvar Hamid | $240,000 | Accommodation | |
| Shakeri Saeed R | $240,000 | North American Title Company | |
| Pci Development Co Llc | $115,000 | -- | |
| Adiparvar Hamid | -- | First American Title Co | |
| Shakeri Saeed | -- | First American Title Co | |
| Adlparvar Hamid | $1,175,000 | First American Title Co | |
| Kobal Val Michael | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Chung Andrew Gee Wai | $3,990,000 | |
| Closed | Chung Andrew | $2,555,000 | |
| Previous Owner | Shakeri Saeed R | $2,010,000 | |
| Previous Owner | Pci Development Llc | $2,000,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/21/2014 05/21/14 | Sold | $3,650,000 | -8.8% | $704 / Sq Ft |
| 05/02/2014 05/02/14 | Pending | -- | -- | -- |
| 04/21/2014 04/21/14 | For Sale | $4,000,000 | -- | $771 / Sq Ft |
Source: MLSListings
Tax History Compared to Growth
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 | $53,360 | $4,386,660 | $2,463,741 | $1,922,919 |
| 2023 | $51,966 | $4,300,648 | $2,415,433 | $1,885,215 |
| 2022 | $50,959 | $4,216,322 | $2,368,072 | $1,848,250 |
| 2021 | $50,636 | $4,133,650 | $2,321,640 | $1,812,010 |
| 2020 | $51,351 | $4,091,266 | $2,297,835 | $1,793,431 |
| 2019 | $49,314 | $4,011,046 | $2,252,780 | $1,758,266 |
| 2018 | $48,179 | $3,932,399 | $2,208,608 | $1,723,791 |
| 2017 | $46,178 | $3,855,294 | $2,165,302 | $1,689,992 |
| 2016 | $45,527 | $3,779,701 | $2,122,846 | $1,656,855 |
| 2015 | $45,428 | $3,722,927 | $2,090,959 | $1,631,968 |
| 2014 | $34,887 | $2,864,137 | $1,579,488 | $1,284,649 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2014
Juliana Lee
Keller Williams Palo Alto
(650) 857-1000
5 in this area
235 Total Sales
-
Buyer's Agent in 2014
Craig Pellegrini
Intero Real Estate Services
(650) 947-4706
Map
Source: MLSListings
MLS Number: ML81413226
APN: 189-42-034
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