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1550 Oakhurst Avenue

1550 Oakhurst Avenue, Los Altos, CA 94024
Sold Mar 09, 2021
$4,400,000
$3,000,000 by Pnc Bank Na
Mortgage Due Apr 01, 2051
Sold Feb 21, 1996
$560,000
$448,000 by Monument Mtg
Mortgage Due Mar 01, 2026
Local assessors in Los Altos, CA have categorized 1550 Oakhurst Avenue as a residential type of property. The home was built in 1953 and is 71 years old. It was most recently renovated and altered in 2017. The property's lot size has been calculated to be 18,537 square feet. The linear feet between the front and back of the lot was measured at 1,670 ft and the front of the lot was measured at 1,110 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1550 Oakhurst Avenue has a total of 2,661 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 1,081 sqft. There are 4 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. Residents rely on no air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with nothing. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1550 Oakhurst Avenue sold most recently in Mar 2, 2021 for a total of $4,400,000. If you work out the math, that's approximately a cost of $1,653.51 per sqft. Before that, the property was also sold for $560,000 in Feb 6, 1996. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $53,530 in taxes each year. The initial year of tax delinquency occurred in 2022. 1550 Oakhurst Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $4,577,760. If we break it down further, the land itself was valued at $3,329,280. Improvements to the property, however, were assessed at a total of $1,248,480. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 2017
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: B
  • Construction Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 1,081
  • Parking Space Count: 4

    Dimensions

  • Lot Size Square Feet: 18,537
  • Lot Size Depth Feet: 1,670
  • Lot Size Frontage Feet: 1,110
  • Total Building Area: 2,661
  • Gross Building Area: 2,661
  • Building Area: 2,661
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,661
  • Heating Fuel Type: None

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ROSEMONT
  • Land Acres: 0.426
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ROSEMONT MAP H3 831

Ownership

  • Current Owner : BHATIA MONTY
  • Current Owner 2: SAWHNEY CHANDANDEEP
  • Previous Owner : CHUN JOHN H S
  • Previous Owner 2: THE JOHN H S CHUN TRUST
  • Owner Before Previous Owner: FROST DANIEL S
  • Owner Before Previous Owner 2: FROST DANIEL J
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Los Altos Elementary School District
  • Census Tract: 510001

Zoning

  • Zoning: REBD

Geography

  • Assessors Map Reference: 52-B6
  • Parcel: 193-40-022
  • Lot: 15
  • Municipality: LOS ALTOS
  • Latitude: 37.3533
  • Longitude: -122.084

    Address

  • Full Address: 1550 Oakhurst Ave
  • Address - House Number: 1550
  • Address - Street Name: Oakhurst
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Altos
  • Carrier Code: C037
  • 4-Digit Zip Code: 6042
  • Zip Code: 94024

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $53,530
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 11-001

    Appraisal Valuation

  • Standard Deviation: 0.173
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 71
  • Final Value: 4,563,435
  • High Value: 5,510,012
  • Low Value: 3,616,859

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $3,000,000
  • First Open Lien Mortgage Lender: PNC BANK NA
  • First Open Lien Mortgage Recording Date: Mar 09, 2021
  • First Open Lien Mortgage Loan Amount: $3,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,577,760
  • Assessed Land Value: $3,329,280
  • Assessed Improvements Value: $1,248,480

    Sales

  • Current Sale Contract Date: Mar 02, 2021
  • Current Sale Recording Date: Mar 09, 2021
  • Current Sale Transaction ID: 11823677286
  • Current Sale Price: $4,400,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 24865661
  • Previous Sale Recording Date: Feb 21, 1996
  • Previous Sale Contract Date: Feb 06, 1996
  • Previous Sale Amount: $560,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: PNC BANK NA
  • First Mortgage Transaction Date: Mar 09, 2021
  • First Mortgage Loan Amount: $3,000,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: MONUMENT MTG
  • Previous Mortgage Transaction Date: Feb 21, 1996
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $448,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Mar 01, 2026

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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 1550 Oakhurst Avenue located in?
The 1550 Oakhurst Avenue is a located in the neighborhood of Central Los Altos in Central Los Altos, Los Altos.
What is the average sales price for listings in 1550 Oakhurst Avenue?
The average sales price for units in 1550 Oakhurst Avenue is $0 currently.

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