NOT LISTED FOR SALE

2040 W Middlefield Rd Unit 28 Mountain View, CA 94043

Monta Loma Neighborhood

Estimated Value: $1,645,000 - $1,954,000

3 Beds
3 Baths
2,296 Sq Ft
1,786 Sq Ft Lot

Last Sold May 30, 2017

Last sale price $1,400,000 $610 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $11,788/month

7 Days on Market

Highlights

  • Private Pool
  • Wood Flooring
  • Separate Family Room
  • Monta Loma Elementary School Rated A-
  • 1 Car Detached Garage
  • 5-minute walk to Heritage Park

About This Home

As of May 2017

With nearly 2,300 square feet of living space on two levels, this meticulously renovated 3 bedroom, 3 bathroom spacious and luxurious condominium feels like a single family home. The well-designed floor plan has two master suites, one on the ground level and one on the second level, plus a loft that is perfect for a home office, study or family room. Downstairs features espresso-stained white oak hardwood floors, custom light fixtures, dramatic vaulted ceilings and a fireplace. The living area opens onto a deck with green-belt views. The eat-in kitchen features granite slab countertops, Italian tumbled stone backsplash, stainless steel appliances and ample storage. A full bathroom with Italian marble, master suite with a remodeled bathroom, laundry area and another large bedroom with a balcony complete the first floor. The sun-lit upper level features an open loft, huge master suite, high-ceilings and walk-in closet. Fantastic location in the heart of Silicon Valley.

Last Listed By

Monica Corman

Compass License #01111473 Listed on: 04/19/2017

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $19,152

Year Built

  • 1974

Lot Details

  • 1,786

Parking

  • 1 Car Detached Garage
  • Assigned Parking

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,296 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Separate Family Room
  • Dining Area
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Pool

  • Private Pool

Utilities

  • Cooling System Mounted To A Wall/Window
  • Sewer Within 50 Feet

Community Details

Overview

  • Association fees include cable / dish, common area electricity, exterior painting, fencing, hot water, insurance, insurance - earthquake, maintenance - common area, maintenance - exterior, management fee, pool spa or tennis
  • Magnolia Square Association

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$19,152

Year Built

1974

Lot Details

0

Parking

1

Listing Details

  • Zoning: R3-22
  • Subclass: Condominium
  • Restrictions: Pets - Cats Permitted, Pets - Dogs Permitted
  • Age: 43
  • Listing Class: Residential
  • Structure Sq Ft: 2296
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1974

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Wood Burning
  • Dining Room: Dining Area
  • Fireplace: Yes
  • Living Sq Ft: 2296
  • Stories: 2
  • Flooring: Hardwood
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 3
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Yes
  • Roof: Composition
  • Pool: Pool - In Ground

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Assigned Spaces, Detached Garage

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Electric
  • Sewer/Septic System: Sewer In Street

Condo/Co-op/Association

  • Complex Name: Magnolia Square
  • HOA Fees: 550
  • Association Fees Include: Cable / Dish, Common Area Electricity, Exterior Painting, Fencing, Hot Water, Insurance, Insurance - Earthquake, Maintenance - Common Area, Maintenance - Exterior, Management Fee, Pool, Spa, Or Tennis
  • HOA Exist: Yes
  • H O A Name Text: Magnolia Square

Schools

  • School District: Mountain View-Los Altos Union High

Lot Info

  • Lot Acres: 0.0410
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1800.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1800.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 9, 2019
Sold by
Hoffman Jeremy Davidson and Weiss Molly Ellesse
Bought by
Hoffman Jeremy Davidson and Weiss Molly Ellesse
Total Days on Market
7
Current Estimated Value
$1,838,479

Purchase Details

Listed on
Apr 19, 2017
Closed on
May 18, 2017
Sold by
Azadan Alireza and Azadan Farzaneh
Bought by
Weiss Molly E and Hoffman Jeremy D
Seller's Agent
Monica Corman
Compass
Buyer's Agent
Denise Padilla
Intero Real Estate Services
List Price
$1,250,000
Sold Price
$1,400,000
Premium/Discount to List
$150,000
12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.48%
Original Mortgage
$1,000,000
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 2012
Sold by
Azadan Alireza and Azadan Farzaneh
Bought by
Azadan Alireza and Azadan Farzaneh

Purchase Details

Closed on
Dec 19, 2009
Sold by
Azadan Alireza and Azadan Farzaneh
Bought by
Azadan Alireza and Azadan Farzaneh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 1993
Sold by
Azadan Alireza and Azadan Farzaneh
Bought by
Azadan Alireza and Azadan Farzaneh

Range of Values:

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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 Buyer Sale Price Title Company
Hoffman Jeremy Davidson -- None Available
Hoffman Jeremy Davidson -- None Available
Weiss Molly E $1,400,000 Lawyers Title Company
Azadan Alireza -- None Available
Azadan Alireza -- Fidelity National Title Co
Azadan Alireza -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoffman Jeremy Davidson $861,000
Closed Weiss Molly E $1,000,000
Previous Owner Azadan Alireza $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2017 05/30/17 Sold $1,400,000 +12.0% $610 / Sq Ft
04/27/2017 04/27/17 Pending -- -- --
04/19/2017 04/19/17 For Sale $1,250,000 -- $544 / 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
2024 $19,152 $1,592,956 $796,478 $796,478
2023 $18,900 $1,561,722 $780,861 $780,861
2022 $18,847 $1,531,100 $765,550 $765,550
2021 $18,402 $1,501,080 $750,540 $750,540
2020 $18,294 $1,485,690 $742,845 $742,845
2019 $17,482 $1,456,560 $728,280 $728,280
2018 $17,315 $1,428,000 $714,000 $714,000
2017 $4,072 $324,878 $123,680 $201,198
2016 $3,913 $318,508 $121,255 $197,253
2015 $3,817 $313,725 $119,434 $194,291
2014 $3,774 $307,581 $117,095 $190,486
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81647586

MLSListings

APN: 153-07-028