NOT LISTED FOR SALE

50 Marvin Ave Los Altos, CA 94022

Estimated Value: $3,760,000 - $5,967,000

3 Beds
2 Baths
2,230 Sq Ft
$2,115/Sq Ft Est. Value

Highlights

  • Wood Flooring
  • Formal Dining Room
  • Forced Air Heating and Cooling System
  • Covington Elementary School Rated A+
  • Fireplace
  • Separate Family Room

About This Home

As of May 2018

Great North Los Altos location, 2 short blocks to downtown yet private and serene house. Marvin Ave is considered one of the most coveted streets in Los Altos, known for its low traffic and proximity to the Village. 3 bedroom/2 bath house with ~2300 square feet of covered area on a 9810 square feet very private flag lot. House features large custom kitchen, top appliances, family room with fireplace, and a beautiful entry with large living room and cathedral ceiling. 2 car garage with wall to wall cabinets for storage, including a separate dryer and washer area, full AC/heating. Backyard has several fruit trees and is low maintenance. Master bed and kitchen both have wood decks to enjoy the outdoor/indoor feel of the house.Top schools-to be confirmed by school district (Covington, Egan and Los Altos High). Long term lease available. One year minimum. Pets considered at owner discretion. No smoking.

Last Agent to Rent the Property

Connie Miller

Compass License #01275848 Listed on: 04/20/2018

Compass

Last Renter's Agent

David Lau

CENTURY 21 Masters License #01165972

CENTURY 21 Masters

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,433

Year Built

  • 1975

Lot Details

  • 0.25

Parking

  • 2 Car Garage

Interior Spaces

  • 2,230 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Separate Family Room
  • Formal Dining Room
  • Washer and Dryer

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • 0.25 Acre Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Security Deposit $10,000
  • Property Available on 6/1/18
  • Rent includes gardener
  • 12-Month Minimum Lease Term

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,433

Year Built

1975

Lot Details

0

Parking

2

Rental Info

  • Available: 06/01/2018
  • Lease Terms: Deposit Required
  • Minimum Lease Months: 12
  • Rent Includes: Gardener
  • Security Deposit: 10000

Listing Details

  • Subclass: House For Rent
  • Age: 43
  • Listing Class: Residential Lease/Rental
  • Structure Sq Ft: 2230
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1975

Interior Features

  • Family Room: Separate Family Room
  • Dining Room: Dining Area, Formal Dining Room
  • Kitchen: Cooktop - Electric, Dishwasher, Microwave
  • Fireplace: Yes
  • Living Sq Ft: 2230
  • Stories: 1
  • Laundry: Washer / Dryer
  • Flooring: Hardwood, Tile
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3

Garage/Parking

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

Utilities

  • Cooling System: Central Ac, Central Forced Air - Gas
  • Heating System: Central Forced Air - Gas

Schools

  • School District: Mountain View-Los Altos Union High
  • Elementary School: Covington Elementary
  • Middle School: Ardis G. Egan Intermediate
  • High School: Los Altos High
  • High School: 265
  • Elementary School: 130
  • Middle School: 133

Lot Info

  • Lot Acres: 0.2522
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 10988.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 10988.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 10, 2021
Sold by
Agarwal Naveen and Agarwal Jessica H
Bought by
Agarwal Naveen and Agarwal Jessica H
Current Estimated Value
$4,557,481

Purchase Details

Closed on
Sep 25, 2020
Sold by
Agarwal Naveen
Bought by
Agarwal Naveen and Agarwal Jessica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$765,600
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 2020
Sold by
Agarwal Naveen
Bought by
Agarwal Naveen and Agarwal Jessica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$765,600
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 2015
Sold by
Nagar Lavina
Bought by
Agarwal Naveen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,450,000
Outstanding Balance
$1,102,287
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,441,705

Purchase Details

Closed on
Apr 3, 2015
Sold by
Agarwal Jessica H
Bought by
Agarwal Naveen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,450,000
Outstanding Balance
$1,102,287
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,441,705

Purchase Details

Closed on
Apr 1, 2015
Sold by
Agarwal Naveen and Nagar Lavina
Bought by
Agarwal Naveen and Nagar Lavina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,450,000
Outstanding Balance
$1,102,287
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,441,705

Purchase Details

Closed on
Mar 24, 2009
Sold by
Agarwal Naveen and Nagar Lavina
Bought by
Agarwal Naveen and Nagar Lavina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
5.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 11, 2008
Sold by
Agarwal Naveen and Nagar Lavina
Bought by
Agarwal Naveen and Nagar Lavina

Purchase Details

Closed on
Feb 19, 2002
Sold by
Lue Han Chuan and Lue Pai Yun
Bought by
Agarwal Naveen and Nagar Lavina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
6.62%

Purchase Details

Closed on
Dec 19, 2001
Sold by
The Lue Family Life Estate Trust
Bought by
Lue Han Chuan and Lue Pai Yun

Purchase Details

Closed on
Nov 1, 1999
Sold by
Lue Han C and Lue Pai Y
Bought by
The Lue Family Life Estate Trust
Source: Public Records

Range of Values:

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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
Agarwal Naveen -- None Available
Agarwal Naveen -- None Available
Agarwal Naveen -- First American Title Company
Agarwal Naveen -- Fidelity National Title
Agarwal Naveen -- Fidelity National Title Co
Agarwal Naveen -- Fidelity National Title Co
Agarwal Naveen -- First American Title Company
Agarwal Naveen -- None Available
Agarwal Naveen $1,289,000 First American Title Guarant
Lue Han Chuan -- --
The Lue Family Life Estate Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Agarwal Naveen $750,000
Closed Agarwal Naveen $765,600
Open Agarwal Naveen $1,450,000
Closed Agarwal Naveen $195,000
Closed Agarwal Naveen $360,000
Closed Agarwal Naveen $450,000
Closed Agarwal Naveen $550,000
Closed Agarwal Naveen $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2018 05/22/18 Rented $7,500 0.0% --
05/02/2018 05/02/18 Under Contract -- -- --
04/20/2018 04/20/18 For Rent $7,500 -- --
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 $23,433 $1,961,769 $1,477,295 $484,474
2024 $23,433 $1,923,304 $1,448,329 $474,975
2023 $23,011 $1,880,985 $1,419,931 $461,054
2022 $22,574 $1,829,398 $1,392,090 $437,308
2021 $22,443 $1,759,215 $1,364,795 $394,420
2020 $22,665 $1,741,177 $1,350,801 $390,376
2019 $21,718 $1,707,037 $1,324,315 $382,722
2018 $21,382 $1,673,567 $1,298,349 $375,218
2017 $20,596 $1,640,753 $1,272,892 $367,861
2016 $25,302 $2,073,345 $1,715,357 $357,988
2015 $19,554 $1,584,421 $1,229,189 $355,232
2014 -- $1,553,385 $1,205,111 $348,274
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81701741

MLSListings

APN: 170-40-075