NOT LISTED FOR SALE

2040 W Middlefield Rd Unit 29 Mountain View, CA 94043

Monta Loma Neighborhood

Estimated Value: $1,170,000 - $1,550,000

2 Beds
2 Baths
1,431 Sq Ft
$715/mo HOA Fee

Last Sold February 20, 2020

Last sale price $1,030,000 $720 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $8,671/month

83 Days on Market

Highlights

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

About This Home

As of February 2020

Dont miss your opportunity to own this spacious, elegant ground floor unit! Completely remodeled and newly painted this property is truly a rare find! The Modern kitchen boasts all the trimmings, Quartz counter tops, new cabinets, self-closing drawers, stainless appliances, Task lighting, ample counter space and much more. The living area is impressive with two sliding doors. With all the living space on a single level it feels like a House! Relax in the Remodeled Master Bedroom suite with a new bathroom and a wall-to-wall Closet. Enjoy the In-unit laundry & plenty of storage, two Patios makes this a one of a kind condo. Building Exterior Overhaul nearing completion with New Exterior Paint and Copper Plumbing has already been installed throughout!. Community pool, 1 car garage plus 1 reserved parking space. Close proximity to Google & other employers; easy access to Highway 101, Central Expressway and El Camino. Walking distance to shopping center including Safeway and Starbucks.

Last Agent to Sell the Property

Gordon Ferguson

Coldwell Banker Realty License #01038260 Listed on: 10/29/2019

Coldwell Banker Realty

Last Buyer's Agent

Stella Rosh

Compass License #01227992

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,595

Year Built

  • 1974

Lot Details

  • 1,385

HOA Fees

  • $715 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Assigned Parking

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,431 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Family or Dining Combination
  • Laundry in unit

Kitchen

  • Open to Family Room
  • Microwave
  • Dishwasher
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms

Pool

  • Private Pool

Utilities

  • Cooling System Mounted To A Wall/Window
  • Zoned Heating
  • Baseboard Heating

Community Details

Overview

  • Association fees include cable / dish, common area electricity, common area gas, exterior painting, fencing, garbage, hot water, insurance - common area, insurance - earthquake, insurance - liability, landscaping / gardening, maintenance - common area, maintenance - exterior, pool spa or tennis, water
  • 32 Units
  • Magnolia Square Association
  • Greenbelt

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,595

Year Built

1974

Lot Details

0

HOA Fees

$715 per month

Parking

1

Listing Details

  • Zoning: R3-22
  • Subclass: Condominium
  • Restrictions: Pets - Rules
  • Age: 45
  • Listing Class: Residential
  • Maximum Unit Floor Number: 1
  • Max Numberof Unitsin Building: 2
  • Min Numberof Unitsin Complex: 32
  • Structure Sq Ft: 1431
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1974

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Living Room, Wood Burning
  • Dining Room: Dining Area In Family Room
  • Kitchen: Countertop - Quartz, Dishwasher, Garbage Disposal, Microwave, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 1431
  • Stories: 1
  • Bedrooms: Primary Bedroom On Ground Floor
  • Laundry: Inside
  • Flooring: Hardwood, Tile
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Updated Bath

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, Gate / Door Opener

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Baseboard, Individual Room Controls
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • Complex Name: Magnolia Square
  • HOA Fees: 715
  • HOA Amenities: Community Pool, Garden / Greenbelt / Trails
  • HOA Documents: Articles Of Incorporation, Budget, Bylaws, Cc&rs, Financial Statement, Minutes
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Cable / Dish, Common Area Electricity, Common Area Gas, Exterior Painting, Fencing, Garbage, Hot Water, Insurance - Common Area, Insurance - Earthquake, Insurance - Liability, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Pool, Spa, Or Tennis, Water
  • HOA Exist: Yes
  • H O A Name Text: Magnolia Square

Schools

  • School District: Mountain View-Los Altos Union High

Lot Info

  • Lot Acres: 0.0318
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1384.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1384.00

Multi Family

  • Utilities: Public Utilities
  • Maximum Building Height: 3
  • Minimum Building Height: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 9, 2024
Sold by
Hadalgi Sachin and Hanji Varsha
Bought by
Jeanne E Davidson Revocable Trust and Davidson
Current Estimated Value
$1,307,678

Purchase Details

Listed on
Oct 29, 2019
Closed on
Feb 10, 2020
Sold by
Jones Mildred E and Jones Alvin
Bought by
Hadalgi Sachin and Hanji Varsha
Seller's Agent
Gordon Ferguson
Coldwell Banker Realty
Buyer's Agent
Stella Rosh
Compass
List Price
$1,199,000
Sold Price
$1,030,000
Premium/Discount to List
-$169,000
-14.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.78%
Original Mortgage
$824,000
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 11, 2016
Sold by
Jones Mildred E
Bought by
Jones Mildred E

Purchase Details

Closed on
Aug 3, 2015
Sold by
Jones Alvin R and Jones Mildred E
Bought by
Alvin & Mildred Jones Revocable Trust and Jones Mildred E

Purchase Details

Closed on
May 15, 2008
Sold by
Ede Meghan R
Bought by
Jones Alvin R and Jones Mildred E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,000
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 22, 2006
Sold by
Wylie M Joanne
Bought by
Ede Meghan R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2004
Sold by
Debruyn Claudia N
Bought by
Wylie M Joanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
3.58%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 13, 1997
Sold by
Rummele Gary L and Rummele Marjorie E
Bought by
Debruyn Claudia N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,600
Interest Rate
7.49%
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
Jeanne E Davidson Revocable Trust $1,165,000 Chicago Title Company
Hadalgi Sachin $1,030,000 First American Title Company
Jones Mildred E -- None Available
Alvin & Mildred Jones Revocable Trust -- None Available
Jones Alvin R -- None Available
Jones Alvin R $630,000 North American Title Company
Ede Meghan R $600,000 Financial Title Company
Wylie M Joanne $480,000 Old Republic Title Company
Debruyn Claudia N $232,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hadalgi Sachin $824,000
Previous Owner Jones Alvin R $504,000
Previous Owner Ede Meghan R $480,000
Previous Owner Wylie M Joanne $384,000
Previous Owner Debruyn Claudia N $185,600
Closed Debruyn Claudia N $23,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2020 02/20/20 Sold $1,030,000 -12.3% $720 / Sq Ft
01/21/2020 01/21/20 Pending -- -- --
12/12/2019 12/12/19 Price Changed $1,175,000 -2.0% $821 / Sq Ft
10/29/2019 10/29/19 For Sale $1,199,000 -- $838 / 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 $12,595 $1,165,000 $582,500 $582,500
2024 $12,595 $1,035,000 $517,500 $517,500
2023 $11,117 $905,000 $452,500 $452,500
2022 $13,209 $1,061,482 $530,741 $530,741
2021 $12,901 $1,040,670 $520,335 $520,335
2020 $9,409 $756,652 $378,326 $378,326
2019 $8,997 $741,816 $370,908 $370,908
2018 $8,918 $727,272 $363,636 $363,636
2017 $8,597 $713,012 $356,506 $356,506
2016 $8,261 $699,032 $349,516 $349,516
2015 $8,050 $688,532 $344,266 $344,266
2014 $7,953 $675,046 $337,523 $337,523
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81773983

MLSListings

APN: 153-07-029