NOT LISTED FOR SALE

Estimated Value: $4,957,000 - $11,151,226

4 Beds
2.5 Baths
2,485 Sq Ft
$3,241/Sq Ft Est. Value

Last Sold November 11, 2016

Last sale price $3,500,000 $1,408 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $54,020/month

8 Days on Market

Highlights

  • Cabana
  • Breakfast Area or Nook
  • Forced Air Heating and Cooling System
  • Loyola Elementary School Rated A+
  • 2 Car Attached Garage
  • Dining Area

About This Home

As of November 2016

This oversized lot on top of the first bluff above Los Altos offers views over the Bay and the Foothills. Enjoy the sunrise in the morning and the sunset in the evening in complete privacy. Main house is 3 bedrooms plus 2 full Baths, office/den and open floor plan with Living Room and separate Dining Room area. This home is waiting for the personal touch of its next owner. Lot size will allow you to expand the square footage to more than twice the existing space with new permits and plans. Great location with easy access to Rancho Market, Foothill Expressway and Hwy 280. No viewing before Open House Saturday, August 13th. Listing Broker is trustee and a beneficiary of Seller.

Last Agent to Sell the Property

Marc Frelier

MRF Lands License #00575678 Listed on: 08/10/2016

Last Buyer's Agent

Marc Frelier

MRF Lands License #00575678 Listed on: 08/10/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $137,845

Year Built

  • Built in 1948

Lot Details

  • 0.69 Acre Lot
  • Zoning described as R1

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Wood Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,485 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Dining Area
  • Breakfast Area or Nook

Bedrooms and Bathrooms

  • 4 Bedrooms

Pool

  • Cabana
  • Solar Heated In Ground Pool

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 336-11-018

Home Details

Home Type

Single Family

Est. Annual Taxes

$137,845

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 68
  • Listing Class: Residential
  • Structure Sq Ft: 2485
  • Year Built: 1948
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Wood Burning
  • Dining Room: Breakfast Nook, Dining Area
  • Living Sq Ft: 2485
  • Stories: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Pool Description: Cabana / Dressing Room, Heated - Solar, Pool - In Ground
  • Roof: Wood Shakes / Shingles
  • Pool: Yes

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Gate / Door Opener, Room for Oversized Vehicle

Utilities

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

Schools

  • School District: Mountain View-Los Altos Union High

Lot Info

  • Parcel Number: 336-11-018
  • Lot Acres: 0.6890
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 30000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 30000.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 2, 2019
Sold by
Schusser Oliver and Schusser Sabine
Bought by
Schusser Oliver and Schusser Sabine
Current Estimated Value
$8,054,113

Purchase Details

Closed on
Feb 15, 2019
Sold by
Deco Homes Llc
Bought by
Schusser Oliver and Schusser Sabine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,328,000
Outstanding Balance
$4,511,156
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,579,391

Purchase Details

Listed on
Aug 10, 2016
Closed on
Oct 6, 2016
Sold by
Frelier Marc R
Bought by
Deco Homes Llc
Seller's Agent
Marc Frelier
MRF Lands
Buyer's Agent
Marc Frelier
MRF Lands
List Price
$3,850,000
Sold Price
$3,500,000
Premium/Discount to List
-$350,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.90%

Purchase Details

Closed on
Aug 26, 2003
Sold by
Frelier Mabel D
Bought by
Frelier Mabel D
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
Schusser Oliver -- None Available
Schusser Oliver $10,950,000 Lawyers Title Co
Deco Homes Llc $3,500,000 Chicago Title Company
Frelier Mabel D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schusser Oliver $5,328,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/11/2016 11/11/16 Sold $3,500,000 -9.1% $1,408 / Sq Ft
08/19/2016 08/19/16 Pending -- -- --
08/10/2016 08/10/16 For Sale $3,850,000 -- $1,549 / 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 $137,845 $12,214,930 $8,868,375 $3,346,555
2024 $137,845 $11,975,423 $8,694,486 $3,280,937
2023 $136,326 $11,740,611 $8,524,006 $3,216,605
2022 $135,429 $11,510,404 $8,356,869 $3,153,535
2021 $135,773 $11,284,710 $8,193,009 $3,091,701
2020 $137,306 $11,169,000 $8,109,000 $3,060,000
2019 $80,436 $6,741,400 $3,641,400 $3,100,000
2018 $43,642 $3,570,000 $3,570,000 $0
2017 $42,031 $3,500,000 $3,500,000 $0
2016 $3,973 $200,782 $62,036 $138,746
2015 $5,391 $197,767 $61,105 $136,662
2014 $4,155 $193,894 $59,909 $133,985
Source: Public Records

Agents Affiliated with this Home

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Source: MLSListings

MLS Number: ML81599272

MLSListings

APN: 336-11-018