NOT LISTED FOR SALE

2040 W Middlefield Rd Unit 32 Mountain View, CA 94043

Monta Loma Neighborhood

Estimated Value: $1,545,000 - $1,766,000

3 Beds
3 Baths
2,054 Sq Ft
2,004 Sq Ft Lot

Last Sold June 15, 2017

Last sale price $1,210,000 $589 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $10,581/month

27 Days on Market

Highlights

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

About This Home

As of June 2017

This beautiful 3 bedroom, 3 bathroom unit has spacious living space on two levels. The well-designed floor plan. 2/2 on first floor. 1/1 with a living space is at second level, plus an eat-in kitchen and a loft that is perfect for a home office or study. A full bathroom, master suite, laundry area and another large bedroom with a private balcony complete the first floor. Fantastic location in the heart of Silicon Valley and minutes from Google, downtown Mountain View, commute routes and Shoreline Park. This unique floor plan has 3 balconies. Best view of swimming pool. Make it your home!

Last Listed By

Jian Zhang

Jake Zhang, Broker License #01401401 Listed on: 04/21/2017

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,579

Year Built

  • 1974

Lot Details

  • 2,004

Parking

  • 1 Car Detached Garage

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,054 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Separate Family Room
  • Dining Area

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Pool

  • Private Pool

Utilities

  • Cooling System Mounted To A Wall/Window
  • Septic Tank

Community Details

  • Association fees include cable / dish, common area electricity, common area gas, fencing, garbage, insurance - common area, insurance - earthquake, landscaping / gardening, maintenance - common area, management fee, pool spa or tennis, roof
  • Magnolia Square Association

Property Details

Home Type

Condominium

Est. Annual Taxes

$16,579

Year Built

1974

Lot Details

0

Parking

1

Listing Details

  • Zoning: R3-22
  • Subclass: Condominium
  • Age: 43
  • Listing Class: Residential
  • Structure Sq Ft: 2054
  • 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: 2054
  • Stories: 2
  • 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: Community Facility

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 550
  • Association Fees Include: Cable / Dish, Common Area Electricity, Common Area Gas, Fencing, Garbage, Insurance - Common Area, Insurance - Earthquake, Landscaping / Gardening, Maintenance - Common Area, Management Fee, Pool, Spa, Or Tennis, Roof
  • HOA Exist: Yes
  • H O A Name Text: Magnolia Square

Schools

  • School District: Mountain View-Los Altos Union High

Lot Info

  • Lot Acres: 0.0460
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 2009.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 2009.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2017
Closed on
Jun 14, 2017
Sold by
Trustway Investments Llc
Bought by
Shi Jianye and Tai Ching
Seller's Agent
Jian Zhang
Jake Zhang, Broker
Buyer's Agent
Kuljeet Kalkat
Intero Real Estate Services
List Price
$1,200,000
Sold Price
$1,210,000
Premium/Discount to List
$10,000
0.83%
Total Days on Market
27
Current Estimated Value
$1,659,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$449,129
Avg. Annual Appreciation
4.07%
Original Mortgage
$500,000
Interest Rate
3.11%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 5, 2016
Sold by
Morton Edward J
Bought by
Trustway Invesments Llc

Purchase Details

Closed on
Jun 6, 2003
Sold by
Rae Venter Barbara
Bought by
Morton Edward J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage

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
Shi Jianye $1,210,000 Wfg National Title Ins Co
Trustway Invesments Llc $910,300 None Available
Morton Edward J $150,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shi Jianye $463,130
Closed Shi Jianye $463,130
Closed Shi Jianye $500,000
Previous Owner Morton Edward J $47,000
Previous Owner Morton Edward J $510,000
Previous Owner Morton Edward J $58,000
Previous Owner Morton Edward J $360,000
Previous Owner Morton Edward J $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2017 06/15/17 Sold $1,210,000 +0.8% $589 / Sq Ft
05/19/2017 05/19/17 Pending -- -- --
04/21/2017 04/21/17 For Sale $1,200,000 -- $584 / 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 $16,579 $1,376,768 $688,384 $688,384
2023 $16,579 $1,349,774 $674,887 $674,887
2022 $16,315 $1,323,308 $661,654 $661,654
2021 $15,931 $1,297,362 $648,681 $648,681
2020 $15,837 $1,284,060 $642,030 $642,030
2019 $15,135 $1,258,884 $629,442 $629,442
2018 $14,993 $1,234,200 $617,100 $617,100
2017 $13,574 $1,140,000 $570,000 $570,000
2016 $1,767 $141,055 $29,051 $112,004
2015 $1,725 $138,937 $28,615 $110,322
2014 $1,707 $136,216 $28,055 $108,161
Source: Public Records

Agents Affiliated with this Home

  • Jian Zhang

    Seller's Agent in 2017

    Jian Zhang

    Jake Zhang, Broker

    (408) 230-6566

    33 Total Sales

    Jian Zhang
    Section Image

  • K

    Buyer's Agent in 2017

    Kuljeet Kalkat

    Intero Real Estate Services

    (650) 619-3291

    4 Total Sales

    Kuljeet Kalkat
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81647893

MLSListings

APN: 153-07-032

California Santa Clara County Mountain View 94043 Monta Loma

2040 W Middlefield Rd Unit 32, Mountain View, CA

Homes for Sale in Mountain View, CA

This home is located at 2040 W Middlefield Rd Unit 32, Mountain View, CA 94043 since 21 April 2017 and is currently estimated at $1,659,129, approximately $807 per square foot. This property was built in 1974. 2040 W Middlefield Rd Unit 32 is a home located in Santa Clara County with nearby schools including Monta Loma Elementary School, Crittenden Middle School, and Los Altos High School.

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