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38 Los Altos Square

38 Los Altos Square, Los Altos, CA 94022
Property in North Los Altos
Sold Jul 26, 2021
$1,825,000
$822,000 by United Wholesale Mortgage
Mortgage Due Aug 01, 2051
Sold May 22, 2009
$817,000
$417,000 by Wells Fargo Bank Na
Mortgage Due Jun 01, 2039
Local assessors in Los Altos, CA have categorized 38 Los Altos Square as a residential type of property. The home was built in 1964 and is 60 years old. It was most recently renovated and altered in 2000. The property's lot size has been calculated to be 1,098 square feet. The linear feet between the front and back of the lot was measured at 550 ft and the front of the lot was measured at 200 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a custom style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 2 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 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 38 Los Altos Square has a total of 1,440 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. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. 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 378 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has both a porch and a screened patio 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 average. 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. The building has a roof that is made of wood shake/ shingles. Lots of block were used in the construction of the exterior walls of the home. The home's a heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Jun 24, 2021 for $1,825,000. That's $1,267.36 per sqft. Prior to that sales transaction, the property was also sold in May 20, 2009 for $817,000. 38 Los Altos Square was last assessed in 2023. The total value of the property was assessed at $1,725,000. Specifically, the land the property is located on was valued at $862,400. While improvements on the property were assessed at a total of $862,600. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $22,664. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Custom
  • Exterior Walls Type: Block
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 378
  • Parking Space Count: 1
  • Patio Type: Patio - screened
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 1,098
  • Lot Size Depth Feet: 550
  • Lot Size Frontage Feet: 200
  • Total Building Area: 1,440
  • Gross Building Area: 720
  • Building Area: 1,440
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 1,440
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: TRACT 3625
  • Land Acres: 0.025
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: TRACT 3625 BOOK 174 PAGE 5 PAGE 8

Ownership

  • Current Owner : ZHU ZHENG
  • Current Owner 2: HUANG LEI
  • Previous Owner : VARMA RITU
  • Previous Owner 2: RITU VARMA LIVING TRUST
  • Owner Before Previous Owner: PARFENOV MAXIM
  • Owner Before Previous Owner 2: MIQUEO JULIAN
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Los Altos Elementary School District
  • Census Tract: 510400

Zoning

  • Zoning: R35

Geography

  • Assessors Map Reference: 51-E1
  • Subdivision Tract Number: 3625
  • Parcel: 170-45-022
  • Lot: 22
  • Municipality: LOS ALTOS
  • Latitude: 37.3976
  • Longitude: -122.112

    Address

  • Full Address: 38 Los Altos Sq
  • Address - House Number: 38
  • Address - Street Name: Los Altos
  • Address - Suffix Type: Sq
  • State: CA
  • City Name: Los Altos
  • Carrier Code: C043
  • 4-Digit Zip Code: 1466
  • Zip Code: 94022

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $22,664
  • Tax Rate Code Area: 11-001

    Appraisal Valuation

  • Standard Deviation: 0.0776
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 94
  • Final Value: 1,920,370
  • High Value: 2,069,559
  • Low Value: 1,771,180

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $822,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Jul 26, 2021
  • First Open Lien Mortgage Loan Amount: $822,000
  • 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: Aug 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,725,000
  • Assessed Land Value: $862,400
  • Assessed Improvements Value: $862,600

    Sales

  • Current Sale Contract Date: Jun 24, 2021
  • Current Sale Recording Date: Jul 26, 2021
  • Current Sale Transaction ID: 11844684907
  • Current Sale Price: $1,825,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 25040652
  • Previous Sale Recording Date: May 22, 2009
  • Previous Sale Contract Date: May 20, 2009
  • Previous Sale Amount: $817,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Jul 26, 2021
  • First Mortgage Loan Amount: $822,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: May 22, 2009
  • Previous Mortgage Loan Amount: $417,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jun 01, 2039

About North Los Altos



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Frequently Asked Questions

What neighborhood is 38 Los Altos Square located in?
The 38 Los Altos Square is a located in the neighborhood of North Los Altos in North Los Altos, Los Altos.
What is the average sales price for listings in 38 Los Altos Square?
The average sales price for units in 38 Los Altos Square is $0 currently.

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