See Home Value
$4,826,192*
House - Off Market

840 Parma WAY

LOS ALTOS, CA 94024
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3238 Sqft
$4,946,000 - $6,044,000
Reference Base Price*
-12.17%
Since Jun 1, 2022
CA-San Francisco
Primary Model
Sold May 31, 2022
$5,550,000
$4,000,000 by Wells Fargo Bank Na
Mortgage Due Jun 01, 2052
Sold May 12, 1999
Transfer
$900,000 by First Nationwide Mtg Corp
Mortgage Due Jun 01, 2029

About This Property

Classic ranch home beautifully appointed with designer style and just blocks from Rancho Shopping Center. One-level floor plan with 4 bedrooms and 3.5 baths, plus detached guest house w/full bathroom, all tied together on landscaped grounds of more than one-third acre. Fine hardwood floors in most rooms, modern lighting selections, and significant custom built-in cabinetry, including several workstations for office needs. Formal living room and separate dining room plus fabulously remodeled kitchen with casual dining area. Honed black granite counters, stainless steel appliances, and towering skylight. The family room opens to the extra-deep rear yard with soothing spa, wisteria-covered arbor for outdoor dining, and large sport court perfect for pickleball. 2-car garage with finished floor, Tesla charger, and owned solar for electricity. Excellent Los Altos schools.

The manager has listed the unit size as 3238 square feet.
Unit Size
3,238Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$1,697
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1948

Price History

Date / Event Date Event Price
May 31, 2022 Sold to Srinivasan Rajagopal, Vidhy... $5,550,000
Sold to Srinivasan Rajagopal, Vidhy...
May 7, 2022 No longer available -
No longer available
May 6, 2022 Price Decreased $5,495,000
↓ $500K (8.3%)
Price Decreased
Apr 19, 2022 Listed $5,995,000
Listed

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 568
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 15,300
  • Lot Size Depth Feet: 1,800
  • Lot Size Frontage Feet: 850
  • Total Building Area: 3,238
  • Gross Building Area: 1,538
  • Building Area: 3,238
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: None
  • Heated Square Feet: 3,238
  • Heating Fuel Type: None

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: DOUD JONES TR
  • Land Acres: 0.351
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT 354 DOUD JONES TR BOOK 12 PAGE 40 PAGE 41 BLOCK 5 LOT 20

Ownership

  • Current Owner : RAJAGOPAL SRINIVASAN
  • Current Owner 2: JAYAKRISHNAN VIDHYA
  • Previous Owner : DUMANIAN FAMILY TRUST
  • Owner Before Previous Owner: WOLCOTT PETER
  • Owner Before Previous Owner 2: WOLCOTT SUSAN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Los Altos Elementary School District
  • Census Tract: 510200

Zoning

  • Zoning: R110

Geography

  • Assessors Map Reference: 51-F5
  • Subdivision Tract Number: 354
  • Parcel: 189-41-058
  • Block: 5
  • Lot: 20
  • Municipality: LOS ALTOS
  • Latitude: 37.3679
  • Longitude: -122.099

    Address

  • Full Address: 840 Parma Way
  • Address - House Number: 840
  • Address - Street Name: Parma
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Los Altos
  • Carrier Code: C010
  • 4-Digit Zip Code: 4852
  • Zip Code: 94024

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $27,557
  • Tax Rate Code Area: 11-001

    Appraisal Valuation

  • Standard Deviation: 0.1997
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 72
  • Final Value: 5,261,740
  • High Value: 6,340,307
  • Low Value: 4,183,173

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $4,000,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: May 31, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $4,000,000
  • 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: Jun 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $5,661,000
  • Assessed Land Value: $4,692,000
  • Assessed Improvements Value: $969,000

    Sales

  • Current Sale Contract Date: May 06, 2022
  • Current Sale Recording Date: May 31, 2022
  • Current Sale Transaction ID: 11889446738
  • Current Sale Price: $5,550,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 25311472
  • Previous Sale Recording Date: May 12, 1999
  • Previous Sale Contract Date: May 07, 1999
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: May 31, 2022
  • First Mortgage Loan Amount: $4,000,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2052

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: FIRST NATIONWIDE MTG CORP
  • Previous Mortgage Transaction Date: May 12, 1999
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $900,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jun 01, 2029



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Central Los Altos


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Frequently Asked Questions

When was property at 840 Parma Way built and last sold?
The property at 840 Parma Way was built in 1948 and last sold on May 6, 2022 for $5,550,000.
How much is this home worth?
The estimated value of the home located at 840 Parma Way is $5,533,769.
What are some comparable homes to 840 Parma Way?
There are currently no comparable homes to 840 Parma Way.

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