1057 Covington Rd Los Altos, CA 94024
3
Beds
1.5
Baths
1,314
Sq Ft
0.3
Acres
Highlights
- Wood Flooring
- Neighborhood Views
- Bathtub with Shower
- Oak Avenue Elementary School Rated A+
- 2 Car Detached Garage
- Tile Countertops
About This Home
As of October 2020Opportunity to build your dream home. Located in prestigious area of Los Altos. Large lot with home in original condition with deferred maintenance. Discrepancy noted in public records of lot size. Detached 2 car garage. Top rated Los Altos Schools.
Last Buyer's Agent
Anne Citraro
Advantage Real Estate Pro License #01184780
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $58,282
Year Built
- Built in 1953
Lot Details
- 0.3 Acre Lot
- Zoning described as R1
Parking
- 2 Car Detached Garage
Home Design
- Composition Roof
- Concrete Perimeter Foundation
- Stucco
Interior Spaces
- 1,314 Sq Ft Home
- 1-Story Property
- Wood Burning Fireplace
- Living Room with Fireplace
- Dining Area
- Neighborhood Views
- Laundry in Garage
Kitchen
- Gas Oven
- Tile Countertops
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- Bathtub with Shower
Utilities
- Forced Air Heating System
Listing and Financial Details
- Assessor Parcel Number 193-28-002
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,428,390
Avg. Annual Appreciation
7.65%
Original Mortgage
$3,000,000
Outstanding Balance
$2,649,605
Interest Rate
2%
Mortgage Type
New Conventional
Estimated Equity
$3,707,606
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
$2,649,605
Interest Rate
2%
Mortgage Type
New Conventional
Estimated Equity
$3,707,606
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
Similar Home in Los Altos, CA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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
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 |
|---|---|---|---|---|
| 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
-
Buyer's Agent in 2020
Ranga Mannar
Single Tree Realty
(408) 393-4400
3 in this area
112 Total Sales
-
Seller's Agent in 2018
Jack Earl
Compass
(650) 941-1111
6 Total Sales
Map
Source: MLSListings
MLS Number: ML81727048
APN: 193-28-002
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