NOT LISTED FOR SALE

Estimated Value: $3,894,000 - $4,812,000

0.25 Acre
$17,735,903 Price per Acre
10,803 Sq Ft Lot

Last Sold June 09, 2022

Last sale price $1,500,000

Est. 193% increase in value since last sale

Current estimated payment $27,043/month

44 Days on Market

About This Lot

As of June 2022

This perfectly flat lot sits well below the freeway sound wall (35 Ft +/-) and any sound from the location is significantly muffled. Flat 10,802 square foot lot located in the very desirable Highlands neighborhood of Los Altos. This property is ready for the new owner to build their dream home and end up with exactly what they want. When completed, the efforts will be instant equity and an enormous value. Do the numbers compared with todays Los Altos home prices. This truly is a fantastic opportunity. Boundary map survey completed as well as tree survey. House to the right side of the entrance is being sold separately. Property corners are well marked on the interior of the property, look for marker stakes. APN:342-05-032. Back on the market with a substantial price reduction! Fell out of contract at no fault of the sellers.

Last Agent to Sell the Property

Alex 'Sandy' Wihtol

Intero Real Estate Services License #00886625 Listed on: 03/21/2022

Intero Real Estate Services

Last Buyer's Agent

Ranon Luy

eXp Realty of California Inc License #01876553

eXp Realty of California Inc

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $43,307

Lot Details

  • 10,803 Sq Ft Lot
  • Level Lot

Utilities

  • Gas Available at Street

Property Details

Property Type

Land

Est. Annual Taxes

$43,307

Lot Details

0

Listing Details

  • Zoning: A140
  • Subclass: Residential Lot
  • Listing Class: Residential Lots & Land
  • Present Use: Vacant
  • Development Status: Recorded Parcel Map
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Fremont Union High
  • Elementary School: Montclaire Elementary
  • Middle School: Cupertino Middle
  • High School: Homestead High
  • High School: 258
  • Elementary School: 90
  • Middle School: 70

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.2480
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 10802.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 10802.00
  • Parcel Access: City Street

Multi Family

  • Utilities: Electricity - On Site, Gas - Available At Street, Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 2, 2024
Sold by
Divya Kanichar and Divya Richard Watts
Bought by
Liu Zhenyu and Xiong Ping
Current Estimated Value
$4,398,504

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,340,000
Outstanding Balance
$2,308,028
Interest Rate
5.87%
Mortgage Type
New Conventional
Estimated Equity
$2,047,278

Purchase Details

Closed on
Dec 10, 2020
Sold by
Lepesh Lois
Bought by
Lepesh Lois and The Lois Lepesh Revocable Trus

Purchase Details

Closed on
Nov 3, 1993
Sold by
Lepesh Lois
Bought by
Lepesh Lois

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$478,000
Interest Rate
4.37%
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
Liu Zhenyu $3,900,000 First American Title
Lepesh Lois -- None Available
Lepesh Lois -- Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liu Zhenyu $2,340,000
Previous Owner Kanichar Divya $1,714,000
Previous Owner Lepesh Lois $726,525
Previous Owner Lepesh Lois $331,000
Previous Owner Lepesh Lois $150,000
Previous Owner Lepesh Lois $845,000
Previous Owner Lopesh Lois $50,000
Previous Owner Lepesh Lois $457,000
Previous Owner Lepesh Lois $459,000
Previous Owner Lepesh Lois $478,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2022 06/09/22 Sold $1,500,000 0.0% --
05/05/2022 05/05/22 Pending -- -- --
04/26/2022 04/26/22 Price Changed $1,500,000 -9.0% --
04/26/2022 04/26/22 For Sale $1,648,000 0.0% --
04/03/2022 04/03/22 Pending -- -- --
03/21/2022 03/21/22 For Sale $1,648,000 -- --
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 $43,307 $3,904,680 $3,800,000 $104,680
2024 $43,307 $3,667,410 $3,433,320 $234,090
2023 $37,119 $3,090,000 $2,892,700 $197,300
2022 $2,957 $159,530 $43,951 $115,579
2021 $2,830 $156,403 $43,090 $113,313
2020 $2,757 $154,801 $42,649 $112,152
2019 $2,977 $151,766 $41,813 $109,953
2018 $3,260 $148,792 $40,994 $107,798
2017 $2,697 $145,876 $40,191 $105,685
2016 $2,666 $143,016 $39,403 $103,613
2015 $2,628 $140,869 $38,812 $102,057
2014 $2,572 $138,110 $38,052 $100,058
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81883261

MLSListings

APN: 342-05-010