NOT LISTED FOR SALE

2731 Preston Dr Mountain View, CA 94040

Estimated Value: $3,381,000 - $4,123,000

4 Beds
2.5 Baths
2,051 Sq Ft
$1,864/Sq Ft Est. Value

Last Sold May 25, 2021

Last sale price $3,200,000 $1,560 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $24,230/month

1 Day on Market

Highlights

  • Primary Bedroom Suite
  • Vaulted Ceiling
  • Wood Flooring
  • Amy Imai Elementary School Rated A
  • Outdoor Fireplace
  • Granite Countertops

About This Home

As of May 2021

Experience true California indoor/outdoor living in this updated home with a private rear yard and expansive covered lanai. Shaded by a mature Magnolia tree, this charming home features an open-concept design, gleaming hardwood floors, a granite-appointed chefs kitchen with a walk-in pantry, and quiet bedrooms. The living/dining room features numerous windows with wood shutters for natural light, and flows seamlessly into the kitchen for easy entertaining. The kitchen features ample wood cabinetry and overlooks the family room with vaulted ceilings and access to the yard. The master bedroom has soaring ceilings, outdoor access, and a sleek en suite bath. The backyard provides year-round enjoyment with its covered lanai with stacked stone fireplace and central chandelier, surrounding level lawn, paver stone patios and walkways, raised garden beds, and tall privacy hedges. A home designed to meet the needs of the modern family, close to local parks, commute routes, shopping, and dining.

Last Agent to Sell the Property

David Troyer

Intero Real Estate Services License #01234450 Listed on: 04/23/2021

Intero Real Estate Services

Last Buyer's Agent

Cici Wang

Aijia Realty License #02039658

Aijia Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,633

Year Built

  • 1971

Lot Details

  • 8,002 Sq Ft Lot
  • Fenced
  • Back Yard

Parking

  • 2 Car Garage
  • Off-Street Parking

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,051 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Formal Entry
  • Dining Area
  • Laundry in unit

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Gas Cooktop
  • Range Hood
  • Warming Drawer
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Stone
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dual Sinks
  • Bathtub with Shower
  • Walk-in Shower

Outdoor Features

  • Balcony
  • Outdoor Fireplace

Utilities

  • Forced Air Heating and Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,633

Year Built

1971

Lot Details

0

Parking

2

Listing Details

  • Zoning: R1-8L
  • Subclass: Single Family Home
  • Age: 50
  • Listing Class: Residential
  • Structure Sq Ft: 2051
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1971

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Dining Room: Breakfast Bar, Dining Area
  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Hood Over Range, Island, Pantry, Refrigerator, Warming Drawer
  • Living Sq Ft: 2051
  • Stories: 1
  • Bedrooms: Primary Suite / Retreat, Walk-In Closet
  • Laundry: Inside
  • Flooring: Carpet, Hardwood, Stone, Tile, Vinyl / Linoleum
  • Additional Rooms: Formal Entry
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Primary - Stall Shower(s), Shower And Tub

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced, Outdoor Fireplace

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Off-Street Parking

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Vaulted Ceiling

Schools

  • School District: Mountain View-Los Altos Union High
  • Elementary School: Frank L. Huff Elementary
  • Middle School: Isaac Newton Graham Middle
  • High School: Mountain View High
  • High School: 266
  • Elementary School: 164
  • Middle School: 163

Lot Info

  • Lot Acres: 0.1837
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8000.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2021
Closed on
May 14, 2021
Sold by
Gebhart Herbert Julius and Gebhart Bonnie M
Bought by
Li Jiayu and Chen Ming
Seller's Agent
David Troyer
Intero Real Estate Services
Buyer's Agent
Cici Wang
Aijia Realty
List Price
$2,898,000
Sold Price
$3,200,000
Premium/Discount to List
$302,000
10.42%
Current Estimated Value
$3,822,224

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$622,224
Avg. Annual Appreciation
5.22%
Original Mortgage
$2,560,000
Outstanding Balance
$2,344,500
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$1,622,396

Purchase Details

Closed on
Nov 18, 2011
Sold by
Gebhart Herbert J and Gebhart Bonnie M
Bought by
Gebhart Herbert Julius and Gebhart Bonnie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$673,000
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 14, 2010
Sold by
Gebhart Herbert J and Gebhart Bonnie M
Bought by
Gebhart Herbert Julius and Gebhart Bonnie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Interest Rate
4.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2007
Sold by
Saxena Vikram and Sangwan Seema
Bought by
Gebhart Bonnie M and Gebhart Herbert J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 31, 2006
Sold by
Saxena Vikram and Sangwan Seema
Bought by
Saxena Vikram and Sangwan Seema

Purchase Details

Closed on
Mar 15, 2004
Sold by
Rockett Robert L and Rockett Betsy W
Bought by
Saxena Vikram and Sangwan Seema

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$790,800
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
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
Li Jiayu $3,200,000 First American Title Company
Gebhart Herbert Julius -- Old Republic Title Company
Gebhart Herbert J -- Old Republic Title Company
Gebhart Herbert Julius -- None Available
Gebhart Bonnie M $1,636,000 Fidelity National Title
Saxena Vikram -- None Available
Saxena Vikram $988,500 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Jiayu $2,560,000
Previous Owner Gebhart Herbert J $673,000
Previous Owner Gebhart Bonnie M $680,000
Previous Owner Gebhart Herbert J $690,000
Previous Owner Gebhart Bonnie M $700,000
Previous Owner Saxena Vikram $200,000
Previous Owner Saxena Vikram $700,000
Previous Owner Saxena Vikram $790,800
Previous Owner Rockett Robert L $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2021 05/25/21 Sold $3,200,000 +10.4% $1,560 / Sq Ft
04/25/2021 04/25/21 Pending -- -- --
04/23/2021 04/23/21 For Sale $2,898,000 -- $1,413 / 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 $39,633 $3,463,781 $2,760,201 $703,580
2024 $39,633 $3,395,865 $2,706,080 $689,785
2023 $32,398 $2,745,000 $2,187,400 $557,600
2022 $39,125 $3,264,000 $2,601,000 $663,000
2021 $23,979 $2,007,778 $1,588,212 $419,566
2020 $24,012 $1,987,191 $1,571,927 $415,264
2019 $22,990 $1,948,227 $1,541,105 $407,122
2018 $22,733 $1,910,028 $1,510,888 $399,140
2017 $21,784 $1,872,577 $1,481,263 $391,314
2016 $20,977 $1,815,272 $1,452,219 $363,053
2015 $20,369 $1,788,006 $1,430,406 $357,600
2014 $19,233 $1,670,000 $1,336,000 $334,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81840518

MLSListings

APN: 197-23-027