NOT LISTED FOR SALE

Estimated Value: $1,525,000 - $2,494,000

3 Beds
2 Baths
1,800 Sq Ft
$1,071/Sq Ft Est. Value

Sale Details

Date Sold: August 21, 2013

Last sale price $850,000 $472 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $11,568 / mo

Highlights

  • Formal Dining Room
  • Fireplace
  • 1 Car Attached Garage
  • Laurel Elementary School Rated A

About This Home

As of June 2021

Eye-catching, single-level, ranch-style home in the welcoming neighborhood of Lorelei Manor is ready to be loved! Welcome friends and loved ones into the bright living room with a standout, classic brick fireplace. Adjacent to the living room is a spacious eat-in kitchen, fitted with modern appliances including a delightful 5-burner gas range! A granite-topped pass-through window is found between the kitchen and the separate dining room (also perfect as a family room!) that feature floor-to-ceiling glass doors that lead to a landscaped backyard. 32 Iris Lane is served by top-rated schools and is conveniently located near Facebook, Oracle, Google, and other major players in Silicon Valley. Outdoor activities are easy to coordinate, with Flood Park a very pleasant 5-minute walk. Retail and shopping options are abundant as Marsh Manor and the Stanford Shopping Center 2, and 3 miles away, respectively.

Last Agent to Rent the Property

Belong HQ

Omer Savir, Broker License #02099047 Listed on: 05/05/2021

Last Renter's Agent

Belong HQ

Omer Savir, Broker License #02099047 Listed on: 05/05/2021

Home Details

Home Type

  • Single Family

Year Built

  • 1953

Lot Details

  • 5,001

Parking

  • 1 Car Attached Garage
  • Uncovered Parking

Interior Spaces

  • 1,800 Sq Ft Home
  • Fireplace
  • Formal Dining Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • 5,001 Sq Ft Lot
  • Heating System Uses Gas

Listing and Financial Details

  • Security Deposit $4,995
  • Property Available on 5/12/21
  • 12-Month Minimum Lease Term

Home Details

Home Type

Single Family

Year Built

1953

Lot Details

5,001 Sq Ft Lot

Parking

1

Rental Info

  • Available: 05/12/2021
  • Lease Terms: Deposit Required
  • Minimum Lease Months: 12
  • Security Deposit: 4995

Listing Details

  • Subclass: House For Rent
  • Restrictions: Pets - Not Allowed
  • Listing Class: Residential Lease/Rental
  • Structure Sq Ft: 1800
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1953

Interior Features

  • Family Room: No Family Room
  • Dining Room: Formal Dining Room
  • Fireplace: Yes
  • Living Sq Ft: 1800
  • Full Bathrooms: 2
  • Total Bedrooms: 3

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage, Uncovered Parking

Utilities

  • Heating System: Gas

Lot Info

  • Lot Acres: 0.1148
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5000.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2013
Closed on
Aug 16, 2013
Sold by
Phan Loc T and Phan Michelle Nguyet Dam
Bought by
Ayyar Srikant and Ramachandran Prasanna
Seller's Agent
John Phan
Zip Realty Inc
Buyer's Agent
Richard Kuhr
Coldwell Banker Realty
List Price
$899,000
Sold Price
$850,000
Premium/Discount to List
-$49,000
-5.45%
Current Estimated Value
$1,927,903

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,077,903
Avg. Annual Appreciation
6.72%
Original Mortgage
$765,000
Outstanding Balance
$562,716
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,365,187

Purchase Details

Closed on
Feb 16, 2000
Sold by
Green Lillie Ann Trust and Lillie A
Bought by
Phan Loc T and Phan Michelle Nguyet Dam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
7.5%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Ayyar Srikant $850,000 First American Title Company
Phan Loc T $450,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ayyar Srikant $765,000
Previous Owner Phan Loc T $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/09/2021 06/09/21 Rented $4,995 0.0% --
05/12/2021 05/12/21 Price Changed $4,995 -5.8% $3 / Sq Ft
05/05/2021 05/05/21 For Rent $5,300 0.0% --
08/21/2013 08/21/13 Sold $850,000 -5.5% $472 / Sq Ft View Prior Sale
07/15/2013 07/15/13 Pending -- -- --
06/12/2013 06/12/13 For Sale $899,000 0.0% $499 / Sq Ft
06/10/2013 06/10/13 Pending -- -- --
04/09/2013 04/09/13 For Sale $899,000 -- $499 / Sq Ft
Source: MLSListings

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 $14,214 $1,041,974 $520,987 $520,987
2023 $14,214 $1,001,514 $500,757 $500,757
2022 $13,523 $981,878 $490,939 $490,939
2021 $13,117 $962,626 $481,313 $481,313
2020 $13,005 $952,756 $476,378 $476,378
2019 $12,809 $934,076 $467,038 $467,038
2018 $12,463 $915,762 $457,881 $457,881
2017 $12,235 $897,806 $448,903 $448,903
2016 $11,805 $880,202 $440,101 $440,101
2015 $11,656 $866,982 $433,491 $433,491
2014 $11,419 $850,000 $425,000 $425,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81842439

MLSListings

APN: 062-014-060

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