NOT LISTED FOR SALE

157 Preston Dr Mountain View, CA 94040

Estimated Value: $3,489,000 - $3,862,000

4 Beds
2 Baths
1,800 Sq Ft
$2,050/Sq Ft Est. Value

Last Sold June 14, 2021

Last sale price $3,015,000 $1,675 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $22,649/month

8 Days on Market

Highlights

  • Primary Bedroom Suite
  • Vaulted Ceiling
  • Solid Surface Bathroom Countertops
  • Amy Imai Elementary School Rated A
  • Marble Flooring
  • Granite Countertops

About This Home

As of June 2021

Welcome home to an amazing opportunity in highly desirable Waverly Park. This home has many fine amenities and features as follows: Refinished maple wood floors in all living spaces and new plush carpeting in all of the bedrooms, vaulted open wood beamed ceilings in the step down living room, open family room/kitchen with wood burning fireplace, custom mantle and stone surround, solid maple wood kitchen cabinetry, quality stainless appliances, double stainless sink and upgraded bathrooms with marble tile. Private rear gardens feature an expansive slate patio, partially covered with an arbor to enjoy the shade, lush lawn area, mature Japanese maple trees, many roses, jasmine as well as mature hedges and plantings, fully fenced in for privacy. Spacious two car garage with epoxied flooring as well as entire attic above garage has been designed for storage, with pull down ladder access. Excellent local Schools, close proximity to commute routes, shopping and downtown Mountain View

Last Agent to Sell the Property

Marc Roos

Christie's International Real Estate Sereno License #01128822 Listed on: 05/04/2021

Christie's International Real Estate Sereno

Last Buyer's Agent

Lannie Chen

KW Silicon City License #02016966

KW Silicon City

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $37,939

Year Built

  • 1972

Lot Details

  • 8,046 Sq Ft Lot
  • Wood Fence
  • Sprinklers on Timer
  • Grass Covered Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Guest Parking

Home Design

  • Wood Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,800 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Dining Area

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Double Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Solid Surface Bathroom Countertops
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry in Garage
  • Washer and Dryer

Outdoor Features

  • Balcony
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,939

Year Built

1972

Lot Details

0

Parking

2

Listing Details

  • Zoning: R1-8L
  • Subclass: Single Family Home
  • Age: 49
  • Listing Class: Residential
  • Structure Sq Ft: 1800
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1972

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Family Room, Wood Burning
  • Dining Room: Breakfast Bar, Dining Area
  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Exhaust Fan, Freezer, Garbage Disposal, Hood Over Range, Ice Maker, Microwave, Oven - Double, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 1800
  • Stories: 1
  • Bedrooms: Primary Suite / Retreat
  • Laundry: Electricity Hookup (220V), Gas Hookup, In Garage, Washer / Dryer
  • Flooring: Carpet, Marble, Tile, Wood
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Bathroom: Primary - Stall Shower(s), Shower Over Tub - 1, Solid Surface, Tub, Updated Bath

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Wood Shakes / Shingles
  • Yard/Grounds: Balcony / Patio, Fenced, Low Maintenance, Sprinklers - Auto, Sprinklers - Lawn, Storage Shed / Structure
  • Fencing: Wood

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Gate / Door Opener, Guest / Visitor Parking

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Vaulted Ceiling

Schools

  • School District: Mountain View-Los Altos Union High
  • Elementary School: Frank L. Huff Elementary
  • Middle School: Isaac Newton Graham Middle
  • High School: Mountain View High
  • High School: 266
  • Elementary School: 164
  • Middle School: 163

Lot Info

  • Lot Acres: 0.1847
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8047.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8047.00

Multi Family

  • Utilities: Natural Gas, Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2021
Closed on
Jun 2, 2021
Sold by
Tabatabaei Seyed A and Molaasgari Mona
Bought by
Wu Chenxia and Zhang Jiemi
Seller's Agent
Marc Roos
Christie's International Real Estate Sereno
Buyer's Agent
Lannie Chen
KW Silicon City
List Price
$2,995,000
Sold Price
$3,015,000
Premium/Discount to List
$20,000
0.67%
Current Estimated Value
$3,690,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$675,013
Avg. Annual Appreciation
4.50%
Original Mortgage
$2,412,000
Outstanding Balance
$2,188,516
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,451,751

Purchase Details

Closed on
Aug 17, 2006
Sold by
Chai Calvin and Chai Winnie
Bought by
Tabatabaei Seyed A and Molaasgari Mona

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,500
Interest Rate
6.7%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 30, 2005
Sold by
Chai Calvin and Chai Winnie
Bought by
Chai Calvin and Chai Winnie

Purchase Details

Closed on
May 2, 2003
Sold by
Bruce David S and Bruce Sharon L
Bought by
Chai Calvin and Chai Winnie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$664,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 6, 1999
Sold by
Behdad Jafari
Bought by
Bruce David S and Bruce Sharon L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
6.87%
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Wu Chenxia $3,015,000 Old Republic Title Company
Tabatabaei Seyed A $1,335,000 Financial Title Company
Chai Calvin -- --
Chai Calvin $830,000 Financial Title Company
Bruce David S $640,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wu Chenxia $2,412,000
Previous Owner Tabatabaei Seyed A $1,172,500
Previous Owner Tabatabaei Seyed A $927,000
Previous Owner Tabatabaei Seyed A $201,500
Previous Owner Tabatabaei Seyed A $1,000,000
Previous Owner Chai Calvin $656,000
Previous Owner Chai Calvin $664,000
Previous Owner Bruce David S $374,000
Previous Owner Bruce David S $377,000
Previous Owner Bruce David S $380,000
Previous Owner Jafari Behdad $50,000
Previous Owner Jafari Behdad $498,750
Previous Owner Jafari Behdad $323,000
Previous Owner Jafari Behdad $330,000
Closed Chai Calvin $124,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2021 06/14/21 Sold $3,015,000 +0.7% $1,675 / Sq Ft
05/13/2021 05/13/21 Pending -- -- --
05/04/2021 05/04/21 For Sale $2,995,000 0.0% $1,664 / Sq Ft
10/30/2018 10/30/18 Rented $6,300 -5.3% --
10/30/2018 10/30/18 Under Contract -- -- --
10/19/2018 10/19/18 Price Changed $6,650 +11.8% $3 / Sq Ft
10/19/2018 10/19/18 Price Changed $5,950 -10.5% $3 / Sq Ft
08/28/2018 08/28/18 Price Changed $6,650 -10.1% $3 / Sq Ft
07/20/2018 07/20/18 For Rent $7,400 -- --
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 $37,939 $3,314,510 $3,100,301 $214,209
2024 $37,939 $3,249,520 $3,039,511 $210,009
2023 $32,691 $2,770,000 $2,590,900 $179,100
2022 $37,010 $3,086,080 $2,921,484 $164,596
2021 $19,345 $1,609,076 $1,237,754 $371,322
2020 $19,372 $1,592,578 $1,225,063 $367,515
2019 $18,470 $1,561,352 $1,201,043 $360,309
2018 $18,266 $1,530,739 $1,177,494 $353,245
2017 $17,506 $1,500,725 $1,154,406 $346,319
2016 $17,160 $1,471,300 $1,131,771 $339,529
2015 $16,667 $1,449,200 $1,114,771 $334,429
2014 $16,514 $1,420,813 $1,092,935 $327,878
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81842195

MLSListings

APN: 197-22-017