NOT LISTED FOR SALE

2711 Preston Dr Mountain View, CA 94040

Estimated Value: $3,981,818 - $4,192,000

4 Beds
3 Baths
2,248 Sq Ft
$1,829/Sq Ft Est. Value

Last Sold August 24, 2021

Last sale price $3,450,000 $1,535 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $24,965/month

7 Days on Market

Highlights

  • Wood Flooring
  • Formal Dining Room
  • Forced Air Heating System
  • Amy Imai Elementary School Rated A
  • 2 Car Attached Garage
  • Separate Family Room

About This Home

As of August 2021

Fabulous four bed / 3 bath home in Waverly Park on a rare large lot of almost 1/4 acre (per county records.) The elegant entry hall with curved staircase leads to a open living room with high ceilings and recessed LED lighting. A formal dining room overlooks the huge rear yard and leads to the updated kitchen with quartz countertops and stainless appliances including a Kenmore Elite Double oven. The kitchen area also includes an informal dining area and patio door leading to rear yard and opens to the adjacent family room. There is one bedroom downstairs which provides excellent guest accomodation with the adjacent full bathroom or is ideal as a home office. Separate laundry room with included appliances leads to the 2 car garage. Upstairs there are 3 more bedrooms including the generous master suite and a separate recently updated family bathroom. The huge private rear yard has many established fruit trees and is perfect for entertaining.

Last Agent to Sell the Property

Michael Adams

Christie's International Real Estate Sereno License #01368517 Listed on: 07/14/2021

Christie's International Real Estate Sereno

Last Buyer's Agent

Igor Reznikov

RezRealty License #01865614

Home Details

Home Type

  • Single Family

Year Built

  • 1971

Lot Details

  • 10,437

Parking

  • 2 Car Attached Garage

Home Design

  • Shake Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,248 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Separate Family Room
  • Formal Dining Room

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • 10,437 Sq Ft Lot
  • Forced Air Heating System

Home Details

Home Type

Single Family

Year Built

1971

Lot Details

0

Parking

2

Listing Details

  • Zoning: R1-8L
  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 2248
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1971

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Wood Burning
  • Dining Room: Formal Dining Room
  • Fireplace: Yes
  • Living Sq Ft: 2248
  • Stories: 2
  • Flooring: Hardwood, Tile
  • Fireplaces Min: 1
  • Full Bathrooms: 3
  • Total Bedrooms: 4

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Shake

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Schools

  • High School: 266

Lot Info

  • Lot Acres: 0.2396
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 10435.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 10435.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2021
Closed on
Jul 28, 2021
Sold by
Clark Pamela J and Graham Michael Grier
Bought by
Jain Sumit and Goyal Neha
Seller's Agent
Michael Adams
Christie's International Real Estate Sereno
Buyer's Agent
Igor Reznikov
RezRealty
List Price
$2,898,000
Sold Price
$3,450,000
Premium/Discount to List
$552,000
19.05%
Current Estimated Value
$4,112,455

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$662,455
Avg. Annual Appreciation
4.10%
Original Mortgage
$2,760,000
Outstanding Balance
$2,509,695
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,602,760

Purchase Details

Closed on
May 22, 2020
Sold by
Clark Pamela J and Graham Michael Grier
Bought by
Clark Pamela J and Graham Michael Grier

Purchase Details

Listed on
May 8, 2013
Closed on
May 28, 2013
Sold by
Sweeney Rita Marie
Bought by
Clark Pamela J and Graham Michael G
Seller's Agent
Susan Kramer
Intero Real Estate Services
Buyer's Agent
Michael Adams
Christie's International Real Estate Sereno
List Price
$1,498,000
Sold Price
$1,690,000
Premium/Discount to List
$192,000
12.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.32%
Original Mortgage
$1,233,700
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 2012
Sold by
Garofano Dominick D
Bought by
Garofano Dominick D

Purchase Details

Closed on
Aug 14, 2009
Sold by
Garofano Dominick D and Garofano Victoria K
Bought by
Garofano Dominick D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jain Sumit $3,450,000 First American Title Company
Clark Pamela J -- None Available
Clark Pamela J $1,690,000 First American Title Company
Garofano Dominick D -- None Available
Garofano Dominick D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jain Sumit $2,760,000
Previous Owner Clark Pamela J $1,233,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/24/2021 08/24/21 Sold $3,450,000 +19.0% $1,535 / Sq Ft
07/22/2021 07/22/21 Pending -- -- --
07/14/2021 07/14/21 For Sale $2,898,000 +71.5% $1,289 / Sq Ft
06/06/2013 06/06/13 Sold $1,690,000 +12.8% $752 / Sq Ft View Prior Sale
05/16/2013 05/16/13 Pending -- -- --
05/08/2013 05/08/13 For Sale $1,498,000 -- $666 / 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 $41,792 $3,661,167 $3,478,109 $183,058
2024 $41,792 $3,589,380 $3,409,911 $179,469
2023 $34,596 $2,940,000 $2,793,000 $147,000
2022 $41,254 $3,450,000 $3,277,500 $172,500
2021 $23,051 $1,922,335 $1,537,871 $384,464
2020 $23,083 $1,902,625 $1,522,103 $380,522
2019 $22,103 $1,865,319 $1,492,258 $373,061
2018 $21,858 $1,828,746 $1,462,999 $365,747
2017 $20,947 $1,792,889 $1,434,313 $358,576
2016 $20,270 $1,757,736 $1,406,190 $351,546
2015 $19,681 $1,731,334 $1,385,068 $346,266
2014 $19,499 $1,697,421 $1,357,937 $339,484
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81853575

MLSListings

APN: 197-23-032