keepup
585 Cherry Ave
Score
89
Los Altos, CA

585 Cherry Ave

7.1M
5 bd • 6 ba • 3,743 sf

Educational Use Only — NOT professional advice. See terms

AI Property Analysis

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Property Overview

List Price
$7,088,000
+52%vs 94022
Price/Sq.Ft
$1,894
+10%vs 94022

Price Analysis

How the list price compares to AI estimate

within range

List Price

$7,088,000

$6800k
$7300k
AI Estimated Range
$7,088,000
-20% Below+20% Above

AI estimates this property's value between $6,800,000 - $7,300,000 based on comparable sales and condition (Confidence: 90%). Educational analysis only, not a professional appraisal or valuation.

Market Data Points

3 data points for educational exploration

*Educational market data analysis only. Consult licensed real estate professionals for negotiation strategies and market advice.*

Offer Analysis

AI-generated starting point for educational purposes

Data Coverage: High

AI Suggested Starting Point

$7,000,000

Lands near the middle of recent sale outcomes observed between $6,800,000 and $7,300,000.

How This Was Calculated

The offer is competitive, considering the property's premium features and market dynamics. The short listing period suggests high demand, but a structured offer might appeal to the seller's motivation.

AI-generated educational analysis. Not professional advice, an appraisal, or a recommended offer. Consult licensed agents and attorneys for negotiation strategies.

AI Analysis Score
89
92
Home Condition
95
Natural Light
95
Market Data
78
Location

*AI scoring for educational purposes only. Scores are subjective and not professional evaluations. Consult licensed professionals for property assessments.*

Visual Insights

AI-analyzed spaces with reimagining capabilities

Ownership History

Previous ownership changes and transaction details

Sep
2023
$4,811,500Cash Purchase
September 28, 2023
From:Baris Gultekin, Eda Gultekin
To:Creston Dr Llc
Grant Deed
Standard Sale (Purchase/Resales)

Pricing History

Historical pricing trends for this property

Monthly Costs

Interactive breakdown of estimated monthly expenses

Monthly Cost
$0123456789012345678901234567890123456789
$7,088,000
-30%List: $7,088,000+30%
20%
$1,417,600of $7,088,000
7%
1%15%
* Estimates based on a 30-year fixed mortgage. Property tax rate: 1.2%, Home insurance: $29,770/year

Upfront Transaction Costs

Estimated costs due at closing, including down payment and fees

Total Due at Closing
$1,882,764
Closing Costs
+$465,164
Down Payment
$1,417,600
Buyer Agent Fee
$180,744
Loan Fees
$56,704
Title & Escrow
$42,528
Inspections
$900
Transfer Tax
$77,968
Prepaid Expenses
$106,320

* Estimated costs based on typical rates. Actual costs may vary by location, lender, and transaction details.

** Buyer agent fees are negotiable and may sometimes be covered by the seller.

Buyer Power Index

5
/10
Limited Data Buyer Power
Market Speed
2 days
vs 55 day average
This home has been listed for 2 days, while homes in this area typically sell in 55 days
Inventory Health
22
homes for sale
13 homes sold last month, indicating 1.7x more supply than demand
Price Dynamics
105.2%
of asking price
Homes typically sell for 5.2% above asking price

*Market analysis for educational purposes only. Historical data may not predict future performance. Consult real estate professionals for market guidance.*

Price Trajectory

$5,050,000
Current median price
-0.9%
Year over year
Cooling
Heating
Market favors buyers
Market favors sellers
Historical Data: data suggests decline
Prices are down 6.4% over the last 3 months
3 Months
-6.4%
6 Months
+6.4%
1 Year
-0.9%

Historical price trends for educational purposes only. Past performance does not predict future results. Consult professionals for market forecasts.

Historical Market Pulse

Key metrics over time, revealing market momentum and patterns

Negotiation Insight

Days on market decreasing 36.7% over the past 3 months suggests stronger seller position.

Historical Comparison
Current Value
$5,050,000
3 Months Ago
$3,525,000
+43.3%
Subject Property
Comparable Sales
View on Zillow

Subject Property

Price
$7,088,000
Price/sqft
$1,894
Layout
5 bd6 ba
Days on market
2 daysat time of analysis

Stats in the Area

Based on 3 comparable properties nearby

Average Price

$6,741,000

5.1%

Your price is 5.1% above average

Median Price

$6,415,000

10.5%

Based on 3 recent sales

Price per Sq.Ft

$1,795

5.5%

Your price is 5.5% above average $/sqft

Comparable Properties

83 Sevilla Drive, Los Altos, CA 94022
Price: $6,415,000
Sq.Ft: 3,363
Beds/Baths: 5/5
$/Sq.Ft:
$1,9080.7%
Sale Date: 5/2/2025
390 San Domingo Way, Los Altos, CA 94022
Price: $6,260,000
Sq.Ft: 3,931
Beds/Baths: 5/5
$/Sq.Ft:
$1,59215.9%
Sale Date: 3/11/2025
97 Pepper Drive, Los Altos, CA 94022
Price: $7,548,000
Sq.Ft: 4,004
Beds/Baths: 6/5
$/Sq.Ft:
$1,8850.5%
Sale Date: 2/27/2025

Schools

Details about nearby schools in this area

Climate Risks

Assessment of climate-related hazards for this property

Moderate Risk Profile

This property has 0 severe, 0 major, and 2 moderate risk factors

Climate risk data is based on historical patterns and projections. Consider consulting with insurance providers and local experts for property-specific assessments.

Safety Analysis

71/100
Good

Based on data from Los Altos Police Department

Total Crime Rate
371.3
per 100,000 residents
Violent Crime Rate
25.7
per 100,000 residents
Property Crime Rate
344.7
per 100,000 residents

Crime Rate Comparison

Recent Crime Trends

2022
Violent Crimes
25
Property Crimes
366
2023
Violent Crimes
29
16.0%
Property Crimes
313
14.5%
2024
Violent Crimes
23
8.0%
Property Crimes
358
2.2%

Sunlight Analysis

Data provided by Shadowmap

Loading sunlight data...

Educational Tour Ideas

Educational suggestions for property tours

Thoroughly inspect the metal roof for any signs of damage, improper installation, or potential leaks, paying close attention to seams, flashing, and penetrations.

Test all Miele appliances, including the induction cooktop, ovens, built-in coffee maker, dishwasher, refrigerator, and wine refrigerator, to ensure they are functioning correctly and without any unusual noises or error messages.

Examine the ADU (Accessory Dwelling Unit) closely, paying attention to the quality of finishes, soundproofing between the main house and ADU, and compliance with local building codes.

Test all three HVAC units to ensure they are functioning properly and efficiently. Check the age of the units and inquire about their maintenance history.

Educational Questions

Sample questions for educational purposes

Given the high annual insurance cost of $29,770, can you provide a detailed breakdown of the coverage and the specific factors contributing to this high premium, particularly concerning fire, flood, and heat risks?

Can you provide documentation on the ADU's compliance with local building codes, including permits, inspections, and any restrictions on its use (e.g., rental limitations)?

Given the moderate fire risk in the area, what fire mitigation measures have been implemented on the property, and are there any recommendations for further improvements?

Educational suggestions only. Consult licensed real estate professionals, home inspectors, and your agent for professional guidance on property tours and inspections.

Property Discussion

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