481 Patrick Way
Los Altos, CA 94022
4 bd 3 ba 1,943 sqft Built 1961 Lot 10,062 sqft single_family
Most recent sale
$4,815,000
Mar 29, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 29, 2022 | Sold | $4,815,000 | MLS #ML81880657 |
| Mar 3, 2022 | Listed | $3,698,000 | MLS #ML81880657 |
| Jun 19, 1987 | Sold | $440,000 | Public Record |
| Jul 9, 1986 | Sold | $381,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $350,000 | $4,400,000 | $4,750,000 | $56,819 |
| 2024 | $350,000 | $4,400,000 | $4,750,000 | $50,631 |
| 2023 | $346,500 | $3,823,500 | $4,170,000 | $49,824 |
| 2022 | $367,942 | $441,537 | $809,479 | $11,097 |
| 2021 | $360,728 | $432,880 | $793,608 | $10,843 |
| 2020 | $357,030 | $428,442 | $785,472 | $10,898 |
| 2019 | $350,030 | $420,042 | $770,072 | $11,106 |
| 2018 | $343,167 | $411,806 | $754,973 | $10,284 |
| 2017 | $336,439 | $403,732 | $740,171 | $9,961 |
| 2016 | $329,843 | $395,816 | $725,659 | $9,842 |
| 2015 | $324,889 | $389,871 | $714,760 | $9,893 |
| 2014 | $318,525 | $382,234 | $700,759 | $9,441 |
| 2013 | $317,086 | $380,507 | $697,593 | $9,426 |
| 2012 | $310,869 | $373,047 | $683,916 | $9,159 |
| 2010 | $302,497 | $363,000 | $665,497 | $8,785 |
| 2009 | $303,216 | $363,863 | $667,079 | $8,753 |
| 2008 | $297,271 | $356,729 | $654,000 | $8,277 |
| 2007 | $291,443 | $349,735 | $641,178 | $8,317 |
Property facts
Year built
1961
Property type
single_family
Stories
1
Beds
4
Baths
3
Living area
1,943 sqft
Lot size
10,062 sqft
ZIP code
94022
City
Los Altos
Street
Patrick Way
Coordinates
37.38970, -122.11860
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$28,890
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
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Frequently asked questions
When did 481 Patrick Way last sell?
481 Patrick Way most recently sold on Mar 29, 2022 for $4,815,000.
What is the current tax assessment for 481 Patrick Way?
The most recent total assessment for 481 Patrick Way (year 2025) is $4,750,000 with $56,819 in property tax.
How does 481 Patrick Way's assessment compare to its last sale price?
The current assessment is 1.3% below the last sale price of $4,815,000.
When was 481 Patrick Way built?
481 Patrick Way was built in 1961.
How does 481 Patrick Way compare to others on Patrick Way?
We track 4 other properties on Patrick Way. Browse the list under "Other properties on Patrick Way" to compare beds, baths, and sale history.
What are the property facts for 481 Patrick Way?
481 Patrick Way is a 4 bed, 3 bath, 1,943 sqft, 10,062 sqft lot single_family.
Is 481 Patrick Way a flip candidate?
No — 481 Patrick Way does not appear in our flips dataset.
Is 481 Patrick Way a tax-appeal candidate?
No — 481 Patrick Way is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+3.4%
Implied 1-yr
+13.6%
2026 Q3
$4.69M
2026 Q4
$4.82M
ZIP 94022 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Patrick Way