NOT LISTED FOR SALE

272 Covington Rd Los Altos, CA 94024

Estimated Value: $4,667,000 - $14,631,236

4 Beds
2 Baths
1,914 Sq Ft
$5,386/Sq Ft Est. Value

Last Sold March 09, 2016

Last sale price $4,950,000 $2,586 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $66,234/month

8 Days on Market

Highlights

  • In Ground Pool
  • 1 Acre Lot
  • Forced Air Heating System
  • Covington Elementary School Rated A+
  • Eat-In Kitchen
  • Separate Family Room

About This Home

As of March 2016

Incredible building opportunity (plans for a new home exist). Ranch home with numerous updates throughout. Completely remodeled rear grounds with pool, spa, waterfall, playground, hardscape terraces, vast level lawn, raised vegetable beds, fruit trees, and incredible parterre rose garden. 3 bedrooms, family room, and 2 remodeled baths in the main home. 1-bedroom, 1-bath guest house with full kitchen.

Last Agent to Sell the Property

Kathy Bridgman

Compass License #01189798 Listed on: 02/22/2016

Compass

Last Buyer's Agent

Mary Tan

Coldwell Banker Realty License #00861682

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $138,316

Year Built

  • Built in 1947

Lot Details

  • 1 Acre Lot
  • Zoning described as R110

Parking

  • No Garage

Home Design

  • Shake Roof
  • Wood Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,914 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Separate Family Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • In Ground Pool
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 189-48-019

Home Details

Home Type

Single Family

Est. Annual Taxes

$138,316

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Age: 69
  • Listing Class: Residential
  • Structure Sq Ft: 1914
  • Year Built: 1947
  • Zoning Description: R110
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Wood Burning
  • Dining Room: Breakfast Bar, Eat in Kitchen
  • Living Sq Ft: 1914
  • Stories: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Pool - In Ground
  • Roof: Shake, Wood Shakes / Shingles
  • Pool: Yes

Garage/Parking

  • Garage Parking Features: No Garage

Utilities

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

Schools

  • School District: Mountain View-Los Altos Union High
  • Elementary School: Covington Elementary
  • Middle School: Georgina P. Blach Intermediate
  • Elementary School: 130
  • Middle School: 129

Lot Info

  • Parcel Number: 189-48-019
  • Lot Acres: 0.9990
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 43520.80
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 43520.80

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Mountain View-Los Altos Union High
  • Elementary School Text: Covington Elementary
  • Middle School Text: Georgina P. Blach Intermediate

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 20, 2016
Sold by
Wang Robert Lee and Wang Jessica Jueng Yee Tan
Bought by
The Robert Lee Wang Family Revocable Tru
Total Days on Market
8
Current Estimated Value
$10,308,745

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,600,150
Interest Rate
2.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Feb 22, 2016
Closed on
Mar 2, 2016
Sold by
Field Michael W and Field Mary D
Bought by
The Robert Lee Wang Family Revocable Tru
Seller's Agent
Kathy Bridgman
Compass
Buyer's Agent
Mary Tan
Coldwell Banker Realty
List Price
$3,995,000
Sold Price
$4,950,000
Premium/Discount to List
$955,000
23.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.20%

Purchase Details

Closed on
Jan 26, 2015
Sold by
Field Michael W and Field Mary D
Bought by
The Michael W Field & Mary D Field Revoc

Purchase Details

Listed on
Mar 28, 2012
Closed on
Sep 11, 2012
Sold by
Blake Dorothy E
Bought by
Field Michael W and Field Mary D
Seller's Agent
Theresa Couture
Coldwell Banker Realty
Buyer's Agent
Theresa Couture
Coldwell Banker Realty
List Price
$2,999,000
Sold Price
$2,900,000
Premium/Discount to List
-$99,000
-3.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.47%
Original Mortgage
$1,820,000
Interest Rate
3.63%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
The Robert Lee Wang Family Revocable Tru -- Old Republic Title Company
The Robert Lee Wang Family Revocable Tru $4,950,000 Old Republic Title Company
The Michael W Field & Mary D Field Revoc -- First American Title Company
Field Michael W $2,899,750 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Robert Lee $6,120,000
Closed Wang Robert Lee $5,000,000
Closed The Robert Lee Wang Family Revocable Tru $2,600,150
Previous Owner Field Michael W $677,000
Previous Owner Field Michael W $1,820,000
Previous Owner Blake Dorothy Eve $938,250
Previous Owner Blake Dorothy Eve $469,342
Previous Owner Blake Dorothy Eve $150,000
Previous Owner Blake Dorothy Eve $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2016 03/09/16 Sold $4,950,000 +23.9% $2,586 / Sq Ft
03/02/2016 03/02/16 Pending -- -- --
02/22/2016 02/22/16 For Sale $3,995,000 +37.8% $2,087 / Sq Ft
10/03/2012 10/03/12 Sold $2,900,000 -3.3% $1,515 / Sq Ft
08/27/2012 08/27/12 Pending -- -- --
08/10/2012 08/10/12 Price Changed $2,999,000 0.0% $1,567 / Sq Ft
08/10/2012 08/10/12 For Sale $2,999,000 0.0% $1,567 / Sq Ft
07/16/2012 07/16/12 Pending -- -- --
03/28/2012 03/28/12 For Sale $2,999,990 -- $1,567 / 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 $138,316 $11,964,250 $5,048,547 $6,915,703
2023 $136,516 $11,729,657 $4,949,556 $6,780,101
2022 $135,230 $11,499,664 $4,852,506 $6,647,158
2021 $135,771 $11,274,181 $4,757,359 $6,516,822
2020 $136,577 $11,158,579 $4,708,579 $6,450,000
2019 $77,720 $6,512,254 $4,616,254 $1,896,000
2018 $60,416 $4,994,740 $4,525,740 $469,000
2017 $60,338 $5,049,000 $4,437,000 $612,000
2016 $36,674 $3,016,681 $2,491,364 $525,317
2015 $36,285 $2,971,369 $2,453,942 $517,427
2014 $35,461 $2,913,165 $2,405,873 $507,292
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81561752

MLSListings

APN: 189-48-019