NOT LISTED FOR SALE

500 Preston Dr Mountain View, CA 94040

Estimated Value: $3,557,000 - $3,885,089

4 Beds
2 Baths
1,945 Sq Ft
$1,939/Sq Ft Est. Value

Last Sold April 17, 2023

Last sale price $3,100,000 $1,594 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $23,089/month

Highlights

  • Deck
  • Vaulted Ceiling
  • Great Room
  • Amy Imai Elementary School Rated A
  • Wood Flooring
  • Neighborhood Views

About This Home

As of April 2023

Impeccably maintained 4 bedroom single-story home in charming and sought-after Waverly Park! With multiple spaces to relax and entertain, this home offers a formal living / dining room and great room with updated kitchen and family room. The spacious primary bedroom with vaulted ceilings opens to a shaded deck in the backyard and features a split bath with double sink vanity and walk-in shower. The beautifully landscaped and private outdoor space is an oasis amongst the hustle of Silicon Valley life with multiple areas to gather and enjoy the temperate Mountain View climate. Additional features include beautiful hardwood floors throughout the living spaces, double paned windows and an attached two-car garage with storage. Minutes away from top-rated Mountain View schools, local favorite Cuesta Park and the fantastic dining and shopping in downtown Mountain View - this home is a must see!

Last Agent to Sell the Property

The reSolve Group

Compass License #70010012 Listed on: 03/27/2023

Compass

Last Buyer's Agent

David Kim

Compass License #01356580

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,861

Year Built

  • Built in 1971

Lot Details

  • 8,991 Sq Ft Lot
  • South Facing Home
  • Back Yard Fenced
  • Mostly Level
  • Grass Covered Lot
  • Zoning described as R1-8L

Parking

  • 2 Car Garage
  • Electric Vehicle Home Charger

Home Design

  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,945 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Skylights
  • Gas Fireplace
  • Double Pane Windows
  • Great Room
  • Separate Family Room
  • Living Room with Fireplace
  • Dining Area
  • Neighborhood Views

Kitchen

  • Breakfast Bar
  • Electric Cooktop

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Remodeled Bathroom
  • Split Bathroom
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Granite Bathroom Countertops
  • Dual Sinks
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Washer and Dryer

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Forced Air Heating System
  • TV Antenna

Listing and Financial Details

  • Assessor Parcel Number 197-23-019

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,861

Year Built

Built in 1971

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch
  • Age: 52
  • Listing Class: Residential
  • Structure Sq Ft: 1945
  • Year Built: 1971
  • Zoning Description: R1-8L
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Burning, Living Room
  • Dining Room: Breakfast Bar, Dining Area
  • Kitchen: Cooktop - Electric
  • Living Sq Ft: 1945
  • Stories: 1
  • Bedrooms: More than One Bedroom on Ground Floor
  • Laundry: Inside, Washer / Dryer
  • Flooring: Hardwood, Tile
  • Additional Rooms: Great Room
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Full on Ground Floor, Granite, Primary - Stall Shower(s), Shower over Tub - 1, Split Bath, Tile, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition, Shingle
  • View: Neighborhood
  • Yard/Grounds: Balcony / Patio, Deck, Fenced, Low Maintenance
  • Fencing: Fenced Back
  • Property Faces: South

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage
  • Electric Vehicle Hookup Type: Electric Vehicle Hookup Level 2 (240 volts)

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Skylight, Vaulted Ceiling

Schools

  • School District: Mountain View-Los Altos Union High
  • Elementary School: Amy Imai Elementary
  • Middle School: Isaac Newton Graham Middle
  • High School: Mountain View High
  • High School: 266
  • Elementary School: 164
  • Middle School: 163

Lot Info

  • Lot Description: Grade - Mostly Level
  • Parcel Number: 197-23-019
  • Lot Acres: 0.2064
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8989.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8989.00

Green Features

  • Energy Features: Double Pane Windows

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Mountain View-Los Altos Union High
  • Elementary School Text: Amy Imai Elementary
  • High School Text: Mountain View High
  • Middle School Text: Isaac Newton Graham Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2023
Closed on
Apr 11, 2023
Sold by
Kay And Terry Gibson Famly Trust
Bought by
Davidson Jeffrey Philip and Fenson Dana Lliy
Seller's Agent
The reSolve Group
Compass
Buyer's Agent
David Kim
Compass
List Price
$3,000,000
Sold Price
$3,100,000
Premium/Discount to List
$100,000
3.33%
Total Days on Market
0
Current Estimated Value
$3,771,772

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$671,772
Avg. Annual Appreciation
9.60%
Original Mortgage
$2,170,000
Outstanding Balance
$2,121,239
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$1,650,533

Purchase Details

Closed on
Apr 26, 2011
Sold by
Etter David Campbell and Etter Donna
Bought by
Gibson Kay and Gibson Terry

Purchase Details

Closed on
Aug 26, 1998
Sold by
Etter David C
Bought by
Etter David Campbell and Etter Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.91%
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
Davidson Jeffrey Philip $3,100,000 Old Republic Title
Gibson Kay $1,180,000 Cornerstone Title Company
Etter David Campbell -- Commonwealth Land Title Co
Etter David Campbell -- Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davidson Jeffrey Philip $2,170,000
Previous Owner Etter David Campbell $1,039,200
Previous Owner Etter David Campbell $944,860
Previous Owner Etter David Campbell $213,000
Previous Owner Etter David Campbell $214,000
Previous Owner Etter David Campbell $100,000
Previous Owner Etter David Campbell $143,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2023 04/17/23 Sold $3,100,000 +3.3% $1,594 / Sq Ft
03/27/2023 03/27/23 Pending -- -- --
03/27/2023 03/27/23 For Sale $3,000,000 -- $1,542 / 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 $36,861 $3,162,000 $2,845,800 $316,200
2023 $8,543 $710,628 $355,314 $355,314
2022 $8,517 $696,696 $348,348 $348,348
2021 $8,309 $683,036 $341,518 $341,518
2020 $8,319 $676,034 $338,017 $338,017
2019 $7,972 $662,780 $331,390 $331,390
2018 $7,892 $649,786 $324,893 $324,893
2017 $7,569 $637,046 $318,523 $318,523
2016 $7,323 $624,556 $312,278 $312,278
2015 $7,114 $615,176 $307,588 $307,588
2014 $7,049 $603,126 $301,563 $301,563
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81922509

MLSListings

APN: 197-23-019