NOT LISTED FOR SALE

502 Frances Way Mountain View, CA 94041

Estimated Value: $2,490,000 - $2,957,000

3 Beds
2 Baths
1,864 Sq Ft
$1,471/Sq Ft Est. Value

Last Sold December 23, 2016

Last sale price $1,652,000 $886 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $16,240/month

29 Days on Market

Highlights

  • Skyline View
  • Wood Flooring
  • Den
  • Edith Landels Elementary School Rated A-
  • Granite Countertops
  • Formal Dining Room

About This Home

As of December 2016

3BR/2BA bright and spacious home on corner lot, w/ separate living, dining and family rooms. Fireplace in LR. Beautifully landscaped in front and back; covered screened-in patio overlooks fenced back yard. Two-car garage. Security system. Skylights in kitchen and both bathrooms. Kitchen recently remodeled; refrigerator included. New paint and carpet. Hardwood floors in bedrooms. Separate laundry room; W/D included. Move-in ready. Close to elementary school and downtown Mountain View.

Last Agent to Sell the Property

Joseph DiPaola

NCA Home License #01144375 Listed on: 10/24/2016

Last Buyer's Agent

Mary Tian

Maxreal License #01936779

Maxreal

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • 7,144 Sq Ft Lot
  • Wood Fence
  • Level Lot
  • Sprinklers on Timer
  • Back Yard
  • Zoning described as R1

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Raised Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,864 Sq Ft Home
  • 1-Story Property
  • Skylights in Kitchen
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Double Pane Windows
  • Separate Family Room
  • Formal Dining Room
  • Den
  • Skyline Views
  • Alarm System
  • Washer and Dryer

Kitchen

  • Built-In Oven
  • Electric Oven
  • Range Hood
  • Ice Maker
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Bathtub with Shower

Utilities

  • Forced Air Heating System
  • Wall Furnace
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 158-28-009

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 1864
  • Incorporated: Yes
  • Year Built: 1955
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Starter, Wood Burning
  • Dining Room: Formal Dining Room
  • Kitchen: Countertop - Granite, Dishwasher, Garbage Disposal, Hood Over Range, Ice Maker, Oven Range - Built-In, Oven Range - Electric, Refrigerator, Skylight
  • Living Sq Ft: 1864
  • Stories: 1
  • Security: Security Alarm
  • Laundry: Dryer, Washer / Dryer
  • Flooring: Carpet, Hardwood, Tile, Vinyl / Linoleum
  • Additional Rooms: Office Area
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Shower and Tub, Skylight, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Raised
  • Roof: Composition, Shingle
  • Yard/Grounds: Back Yard, Fenced, Sprinklers - Auto
  • Fencing: Wood
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Gate / Door Opener

Utilities

  • Heating System: Forced Air, Wall Furnace
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Skylight

Schools

  • High School: 266

Lot Info

  • Lot Description: Grade - Level, Regular
  • Parcel Number: 158-28-009
  • Lot Acres: 0.1640
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7126.42
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7126.42

Green Features

  • Energy Features: Double Pane Windows

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Mountain View-Los Altos Union High
  • High School Text: Mountain View High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2016
Closed on
Nov 29, 2016
Sold by
Page Michael Edward Le
Bought by
Li Zhi and Wang Hu
Seller's Agent
Joseph DiPaola
NCA Home
Buyer's Agent
Mary Tian
Maxreal
List Price
$1,795,000
Sold Price
$1,652,000
Premium/Discount to List
-$143,000
-7.97%
Current Estimated Value
$2,741,610

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,089,610
Avg. Annual Appreciation
5.82%
Original Mortgage
$1,321,600
Outstanding Balance
$1,068,812
Interest Rate
3.57%
Mortgage Type
New Conventional
Estimated Equity
$1,672,798

Purchase Details

Closed on
Nov 10, 2014
Sold by
Hendry June L and Page June L Le
Bought by
Hendry June L
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
Li Zhi $1,652,000 First American Title Company
Hendry June L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Zhi $1,321,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2016 12/23/16 Sold $1,652,000 -5.3% $886 / Sq Ft
11/23/2016 11/23/16 Pending -- -- --
11/14/2016 11/14/16 Price Changed $1,745,000 -2.8% $936 / Sq Ft
10/24/2016 10/24/16 For Sale $1,795,000 -- $963 / 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 $22,001 $1,917,282 $1,740,877 $176,405
2024 $22,001 $1,879,690 $1,706,743 $172,947
2023 $21,774 $1,842,834 $1,673,278 $169,556
2022 $21,715 $1,806,701 $1,640,469 $166,232
2021 $21,182 $1,771,276 $1,608,303 $162,973
2020 $21,210 $1,753,114 $1,591,812 $161,302
2019 $20,309 $1,718,740 $1,560,600 $158,140
2018 $20,083 $1,685,040 $1,530,000 $155,040
2017 $19,326 $1,652,000 $1,500,000 $152,000
2016 $1,102 $93,052 $24,762 $68,290
2015 $1,070 $91,656 $24,391 $67,265
2014 $1,061 $89,862 $23,914 $65,948
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81629593

MLSListings

APN: 158-28-009