NOT LISTED FOR SALE

981 Thatcher Dr Los Altos, CA 94024

Estimated Value: $4,069,000 - $4,696,000

3 Beds
2.5 Baths
2,054 Sq Ft
$2,086/Sq Ft Est. Value

Last Sold October 26, 2020

Last sale price $3,150,000 $1,534 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $27,284/month

6 Days on Market

Highlights

  • Wood Burning Stove
  • Wood Flooring
  • Granite Countertops
  • Oak Avenue Elementary School Rated A+
  • 1 Fireplace
  • Double Pane Windows

About This Home

As of October 2020

Classic curb appeal for this meticulously maintained and beautifully remodeled 3-bedroom home (with room to add a 4th bedroom and possible ADU) adjoining a cul-de-sac on a lovely tree-lined street. Concept rendering for possible addition of a 4th bedroom not verified with the City of Los Altos. Remodeled kitchen with stainless appliances, granite counters and subway tile backsplash. Remodeled baths, hardwood flooring through most of the home, new interior paint, recessed lighting, crown molding in living and family rooms, presidential TL composition roof, new AC, dual pane windows, surrounded by mature perimeter landscaping and fresh plantings. Easy access to highways, retail shops and restaurants for both downtown Mountain View and Los Altos. Excellent Los Altos schools (Oak Elementary, Blach Middle, Mountain View High - Buyer to verify). First time on the market in over 30 years.

Last Agent to Sell the Property

Nisha Sharma

Intero Real Estate Services License #01746077 Listed on: 09/17/2020

Intero Real Estate Services

Co-Listed By

Nancy Carlson

Intero Real Estate Services License #00906274

Last Buyer's Agent

Jun Chung

Compass License #01781903

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,837

Year Built

  • 1959

Lot Details

  • 0.26 Acre Lot
  • West Facing Home
  • Wood Fence
  • Sprinkler System

Parking

  • 2 Car Garage

Home Design

  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Ceiling Insulation
  • Composition Roof

Interior Spaces

  • 2,054 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Wood Burning Stove
  • Double Pane Windows
  • Separate Family Room
  • Combination Dining and Living Room

Kitchen

  • Built-In Oven
  • Electric Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry in Utility Room
  • Washer and Dryer

Eco-Friendly Details

  • Energy-Efficient Insulation

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,837

Year Built

1959

Lot Details

0

Parking

2

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Style: Ranch
  • Age: 61
  • Listing Class: Residential
  • Structure Sq Ft: 2054
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1959

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Wood Stove
  • Dining Room: Dining Area In Living Room
  • Kitchen: Cooktop - Electric, Countertop - Granite, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Microwave, Oven - Built-In, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 2054
  • Stories: 1
  • Laundry: In Utility Room, Washer / Dryer
  • Flooring: Carpet, Hardwood, Tile
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Shower Over Tub - 1, Stall Shower

Exterior Features

  • Foundation: Post And Pier
  • Roof: Composition
  • Yard/Grounds: Fenced, Sprinklers - Lawn
  • Fencing: Wood
  • Property Faces: West
  • Construction Type: Wood Frame

Garage/Parking

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

Utilities

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

Schools

  • School District: Mountain View-Los Altos Union High
  • Elementary School: Oak Avenue Elementary
  • Middle School: Georgina P. Blach Intermediate
  • High School: Mountain View High
  • High School: 266
  • Elementary School: 135
  • Middle School: 129

Lot Info

  • Lot Acres: 0.2555
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 11128.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 11128.00

Green Features

  • Energy Features: Ceiling Insulation, Double Pane Windows, Walls Insulated

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2024
Sold by
Lee Junggun and Kwon Hyeyoung
Bought by
Lee And Kwon Family Revocable Trust and Lee
Total Days on Market
6
Current Estimated Value
$4,285,404

Purchase Details

Listed on
Sep 17, 2020
Closed on
Oct 6, 2020
Sold by
Carlson Steven W and Carlson Nancy M
Bought by
Lee Junggun and Kwon Hyeyoung
Seller's Agent
Nisha Sharma
Intero Real Estate Services
Buyer's Agent
Jun Chung
Compass
List Price
$2,798,000
Sold Price
$3,150,000
Premium/Discount to List
$352,000
12.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.91%
Original Mortgage
$2,205,000
Interest Rate
2.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 29, 1994
Sold by
Carlson Steven W and Carlson Nancy M
Bought by
Carlson Steven W and Carlson Nancy M
Source: Public Records

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Range of Values:

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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
Lee And Kwon Family Revocable Trust -- None Listed On Document
Lee Junggun $3,150,000 Old Republic Title Company
Carlson Steven W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lee Junggun $2,205,000
Previous Owner Carlson Steven W $127,232
Previous Owner Carlson Steven W $136,700
Previous Owner Carlson Steven W $156,500
Previous Owner Carlson Steven W $170,100
Previous Owner Carlson Steven W $251,812
Previous Owner Carlson Steven W $258,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2020 10/26/20 Sold $3,150,000 +12.6% $1,534 / Sq Ft
09/24/2020 09/24/20 Pending -- -- --
09/17/2020 09/17/20 For Sale $2,798,000 -- $1,362 / 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 $39,837 $3,342,804 $3,008,524 $334,280
2023 $39,247 $3,277,260 $2,949,534 $327,726
2022 $38,911 $3,213,000 $2,891,700 $321,300
2021 $38,964 $3,150,000 $2,835,000 $315,000
2020 $9,225 $715,823 $437,551 $278,272
2019 $8,946 $701,788 $428,972 $272,816
2018 $9,552 $688,028 $420,561 $267,467
2017 $9,209 $674,538 $412,315 $262,223
2016 $9,030 $661,313 $404,231 $257,082
2015 $8,876 $651,381 $398,160 $253,221
2014 $8,795 $638,622 $390,361 $248,261
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81811122

MLSListings

APN: 193-26-033