NOT LISTED FOR SALE

306 Covington Rd Los Altos, CA 94024

Estimated Value: $6,788,000 - $10,327,594

4 Beds
3 Baths
2,593 Sq Ft
$3,291/Sq Ft Est. Value

Last Sold June 20, 2019

Last sale price $3,400,000 $1,311 Per Sq Ft

Est. 151% increase in value since last sale

Current estimated payment $50,707/month

5 Days on Market

Highlights

  • In Ground Pool
  • Family Room with Fireplace
  • Den
  • Covington Elementary School Rated A+
  • Wood Flooring
  • Formal Dining Room

About This Home

As of June 2019

Centrally located and much-loved Ranch-style home on a large lot with great schools - Covington Elementary, Blach Middle, Los Altos High (Buyer to verify) has been in the same family for over 50 years. Expand, remodel or rebuild to create your dream home in this wonderful neighborhood with high-end homes. Home has a separate living room, dining room and family room each with its own fireplace. Hardwood floors in main living areas. Easy access to commute routes Hwy 280, 85, 101 and 237. Close to downtown Los Altos, Covington Elementary school, Pinewood, downtown Los Altos, Shoup Park and Tech companies. City building formula shows a potential home size of 4500 sq. ft., Buyer to verify. Garage converted to bedrooms and office.

Last Agent to Sell the Property

Nancy Carlson

Intero Real Estate Services License #00906274 Listed on: 04/24/2019

Intero Real Estate Services

Last Buyer's Agent

Nisha Sharma

Intero Real Estate Services License #01746077

Intero Real Estate Services

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1952

Lot Details

  • 0.41 Acre Lot
  • Northeast Facing Home
  • Wood Fence
  • Zoning described as R110

Home Design

  • Fixer Upper
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Wood Shingle Roof

Interior Spaces

  • 2,593 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Laundry in Utility Room

Kitchen

  • Built-In Oven
  • Electric Cooktop
  • Tile Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Carport Spaces
  • No Garage

Additional Features

  • In Ground Pool
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 189-47-014

Home Details

Home Type

Single Family

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch
  • Property Condition: Fixer Upper
  • Listing Class: Residential
  • Structure Sq Ft: 2593
  • Incorporated: Yes
  • Year Built: 1952
  • Zoning Description: R110
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Gas Log, Living Room, Wood Burning
  • Dining Room: Formal Dining Room
  • Kitchen: Cooktop - Electric, Countertop - Tile, Oven - Built-In
  • Living Sq Ft: 2593
  • Stories: 1
  • Laundry: In Utility Room
  • Flooring: Carpet, Hardwood, Tile
  • Additional Rooms: Den / Study / Office
  • Fireplaces Min: 3
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace: Yes

Exterior Features

  • Foundation: Post and Pier
  • Pool Description: Pool - In Ground
  • Roof: Wood Shakes / Shingles
  • Pool: Yes
  • Fencing: Wood
  • Property Faces: Northeast
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Parking Features: Covered Parking, No Garage
  • Carport Min: 2

Utilities

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

Schools

  • High School: 265

Lot Info

  • Parcel Number: 189-47-014
  • Lot Acres: 0.4091
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 17820.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 17820.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 23, 2021
Sold by
Moonyulan Llc
Bought by
He Yifu and Meng Qinghua
Current Estimated Value
$8,532,899

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Outstanding Balance
$1,839,726
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$6,693,173

Purchase Details

Closed on
Oct 25, 2019
Sold by
He Yifu and Meng Qinghua
Bought by
Moonyulan Llc

Purchase Details

Closed on
Jun 8, 2012
Sold by
Patterson Norma S and Patterson Norma R S
Bought by
Patterson Norma R S
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
He Yifu -- Cornerstone Title Company
Moonyulan Llc -- None Available
Patterson Norma R S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open He Yifu $2,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2019 06/20/19 Sold $3,400,000 +6.3% $1,311 / Sq Ft
04/30/2019 04/30/19 Pending -- -- --
04/24/2019 04/24/19 For Sale $3,198,000 -- $1,233 / 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 $73,588 $8,181,420 $3,681,210 $4,500,210
2024 $73,588 $6,424,980 $3,609,030 $2,815,950
2023 $73,588 $5,457,265 $3,538,265 $1,919,000
2022 $41,011 $3,468,888 $3,468,888 $0
2021 $42,763 $3,503,927 $3,400,871 $103,056
2020 $42,676 $3,468,000 $3,366,000 $102,000
2019 $2,893 $180,134 $57,136 $122,998
2018 $2,592 $176,603 $56,016 $120,587
2017 $2,500 $173,141 $54,918 $118,223
2016 $2,442 $169,747 $53,842 $115,905
2015 $2,412 $167,198 $53,034 $114,164
2014 $2,450 $163,924 $51,996 $111,928
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81748458

MLSListings

APN: 189-47-014