$2,200,000
SOLD DEC 18, 2018

1057 Covington Rd Los Altos, CA 94024

0.3 Acre
$7,375,126 Price per Acre
12,994 Sq Ft Lot

Recently Sold

$1,674 Per Sq Ft

12% Below List Price

25 Days on Market

About This Lot

As of October 2020

WONDERFUL OPPORTUNITY TO BUILD YOUR DREAM PROPERTY. HOME IS IN ORIGINAL CONDITION. DETATCHED 2 CAR GARAGE. BUYER TO VERIFY SQUARE FOOTAGE. LOS ALTOS SCHOOLS

Last Agent to Sell the Property

Jack Earl

Compass License #00498428 Listed on: 11/08/2018

Compass

Last Buyer's Agent

Anne Citraro

Advantage Real Estate Pro License #01184780

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $58,282

Lot Details

  • 0.3 Acre Lot
  • Back Yard Fenced

Additional Features

  • Seasonal Stream
  • Gas Available

Property Details

Property Type

Land

Est. Annual Taxes

$58,282

Lot Details

0

Listing Details

  • Zoning: R1
  • Subclass: Residential Lot
  • Listing Class: Residential Lots & Land
  • Present Use: Single Family
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: Fenced Back

Utilities

  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Mountain View-Los Altos Union High

Lot Info

  • Lot Description: Stream - Seasonal
  • Lot Acres: 0.2983
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 12995.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 12995.00
  • Parcel Access: City Street

Multi Family

  • Utilities: Electricity - On Site, Gas - On Site, Natural Gas, Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2020
Closed on
Nov 11, 2020
Sold by
Mukherjee Sunit S
Bought by
Mukherjee Sunit Shankar
Seller's Agent
Anne Citraro
Advantage Real Estate Pro
Buyer's Agent
Ranga Mannar
Single Tree Realty
List Price
$4,600,000
Sold Price
$4,475,000
Premium/Discount to List
-$125,000
-2.72%
Current Estimated Value
$5,644,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,169,805
Avg. Annual Appreciation
5.85%
Original Mortgage
$3,000,000
Outstanding Balance
$2,629,554
Interest Rate
2%
Mortgage Type
New Conventional
Estimated Equity
$3,273,836

Purchase Details

Listed on
Aug 12, 2020
Closed on
Oct 6, 2020
Sold by
Citraro Neil S
Bought by
Mukherjee Sunit S
Seller's Agent
Anne Citraro
Advantage Real Estate Pro
Buyer's Agent
Ranga Mannar
Single Tree Realty
List Price
$4,600,000
Sold Price
$4,475,000
Premium/Discount to List
-$125,000
-2.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Outstanding Balance
$2,629,554
Interest Rate
2%
Mortgage Type
New Conventional
Estimated Equity
$3,273,836

Purchase Details

Listed on
Nov 8, 2018
Closed on
Dec 12, 2018
Sold by
Payne Neil Ward
Bought by
Cittaro Neil S
Seller's Agent
Jack Earl
Compass
Buyer's Agent
Anne Citraro
Advantage Real Estate Pro
List Price
$2,495,000
Sold Price
$2,200,000
Premium/Discount to List
-$295,000
-11.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
46.19%
Original Mortgage
$1,430,000
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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ICE

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $4,475,000 Lawyers Title Company
Grant Deed $2,200,000 Cornerstone Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,000,000 New Conventional
Previous Owner $2,050,000 Construction
Previous Owner $1,430,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2020 10/30/20 Sold $4,475,000 -2.7% $1,373 / Sq Ft
09/10/2020 09/10/20 Pending -- -- --
08/12/2020 08/12/20 For Sale $4,600,000 +109.1% $1,411 / Sq Ft
12/18/2018 12/18/18 Sold $2,200,000 0.0% $1,674 / Sq Ft
12/18/2018 12/18/18 Sold $2,200,000 -11.8% $1,674 / Sq Ft
12/04/2018 12/04/18 Pending -- -- --
11/30/2018 11/30/18 Pending -- -- --
11/08/2018 11/08/18 For Sale $2,495,000 0.0% $1,899 / Sq Ft
11/07/2018 11/07/18 Price Changed $2,495,000 -7.4% $1,899 / Sq Ft
10/10/2018 10/10/18 For Sale $2,695,000 -- $2,051 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $58,282 $5,078,845 $3,609,910 $1,468,935
2024 $58,282 $4,979,261 $3,539,128 $1,440,133
2023 $57,535 $4,881,630 $3,469,734 $1,411,896
2022 $55,926 $4,699,900 $3,401,700 $1,298,200
2021 $54,541 $4,475,000 $3,335,000 $1,140,000
2020 $35,184 $2,795,190 $2,218,500 $576,690
2019 $27,129 $2,200,000 $2,175,000 $25,000
2018 $2,680 $99,440 $45,255 $54,185
2017 $2,450 $97,491 $44,368 $53,123
2016 $2,362 $95,581 $43,499 $52,082
2015 $2,330 $94,146 $42,846 $51,300
2014 $2,328 $92,303 $42,007 $50,296
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2020

    Anne Citraro

    Advantage Real Estate Pro

    Section Image
  • Ranga Mannar

    Buyer's Agent in 2020

    Ranga Mannar

    Single Tree Realty

    (408) 393-4400

    3 in this area

    110 Total Sales

    Ranga Mannar
    Section Image
  • Jack Earl

    Seller's Agent in 2018

    Jack Earl

    Compass

    (650) 941-1111

    6 Total Sales

    Jack Earl
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81730613

MLSListings

APN: 193-28-002

California Santa Clara County Los Altos 94024

1057 Covington Rd, Los Altos, CA

This home is located at 1057 Covington Rd, Los Altos, CA 94024 and is currently priced at $2,200,000, approximately $1,674 per square foot. 1057 Covington Rd is a home located in Santa Clara County with nearby schools including Oak Avenue Elementary School, Georgina P. Blach Junior High School, and Mountain View High School.

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