505 Preston Dr Mountain View, CA 94040
Estimated Value: $3,877,000 - $4,594,418
4
Beds
2.5
Baths
2,398
Sq Ft
$1,786/Sq Ft
Est. Value
Highlights
- Private Pool
- Solar Power System
- Soaking Tub in Primary Bathroom
- Amy Imai Elementary School Rated A
- Primary Bedroom Suite
- Wood Flooring
About This Home
As of March 2020Wonderful location in the highly sought after Waverly Park neighborhood. Gorgeously updated through out with excellent floor plan. Enter between the large formal living room and the elegant dining room. There are 4 bedrooms and 2 bathrooms plus separate powder bath off the laundry room. The spacious master suite is truly a retreat with french doors to the spa and a private seating area or space for an office plus a walk in closet. Kitchen with new appliances and countertops. Breakfast nook opening to the family room with fireplace and built ins as well as wet bar and french doors to the patio and backyard. Private rear yard with Pebble Tec swimming pool, spa and patio. Spacious side yard with ample storage. Solar panels owned, 8.2 kw. Excellent schools. Amazing location close to El Camino Hospital, Downtown Mountain View, Highway 85, 237 and 280.
Last Agent to Sell the Property
Christie's International Real Estate Sereno License #01081556 Listed on: 02/12/2020
Last Buyer's Agent
Drew Doran
Compass License #01887354
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $37,167
Year Built
- 1971
Lot Details
- 8,381 Sq Ft Lot
- Northeast Facing Home
- Gated Home
- Wood Fence
- Level Lot
- Sprinklers on Timer
- Drought Tolerant Landscaping
- Back Yard Fenced
Parking
- 2 Car Garage
- Electric Vehicle Home Charger
- Off-Street Parking
Home Design
- Wood Frame Construction
- Wood Shingle Roof
- Concrete Perimeter Foundation
- Stucco
Interior Spaces
- 2,398 Sq Ft Home
- 1-Story Property
- Wet Bar
- Wood Burning Fireplace
- Bay Window
- Garden Windows
- Formal Entry
- Family Room with Fireplace
- Formal Dining Room
- Den
- Neighborhood Views
Kitchen
- Breakfast Area or Nook
- Open to Family Room
- Breakfast Bar
- Gas Oven
- Dishwasher
- Granite Countertops
Flooring
- Wood
- Stone
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom Suite
- Walk-In Closet
- Bathroom on Main Level
- Dual Sinks
- Soaking Tub in Primary Bathroom
- Bathtub with Shower
- Oversized Bathtub in Primary Bathroom
- Walk-in Shower
Laundry
- Laundry Room
- Washer and Dryer
Eco-Friendly Details
- Solar Power System
Outdoor Features
- Private Pool
- Shed
Utilities
- Forced Air Heating and Cooling System
- 220 Volts
Community Details
- Courtyard
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 12, 2020
Closed on
Mar 10, 2020
Sold by
Benedetti Steven L and Benedetti Helen M
Bought by
Capak Capak Pourbahrami Peter L Pourbahrami Peter L
Seller's Agent
Ed Graziani
Christie's International Real Estate Sereno
Buyer's Agent
Drew Doran
Compass
List Price
$2,998,000
Sold Price
$2,975,000
Premium/Discount to List
-$23,000
-0.77%
Total Days on Market
22
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,307,855
Avg. Annual Appreciation
7.27%
Original Mortgage
$2,231,250
Outstanding Balance
$1,945,842
Interest Rate
2.25%
Mortgage Type
New Conventional
Estimated Equity
$2,337,013
Purchase Details
Closed on
Sep 22, 2008
Sold by
Benedetti Steven L and Benedetti Helen M
Bought by
Benedetti Steven L and Benedetti Helene M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
6.49%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 18, 2007
Sold by
Benedetti Steven L and Benedetti Helen M
Bought by
Benedetti Steven L and Benedetti Helen M
Purchase Details
Closed on
Jul 27, 2004
Sold by
Heim Richard C and Heim Shirley D
Bought by
Benedetti Steven L and Benedetti Helen M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 1, 1996
Sold by
Heim Richard C and Heim Shirley D
Bought by
Heim Richard C and Heim Shirley D
Similar Homes in the area
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Capak Capak Pourbahrami Peter L Pourbahrami Peter L | $2,975,000 | Chicago Title Company | |
| Benedetti Steven L | -- | Accommodation | |
| Benedetti Steven L | -- | Fidelity National Title Co | |
| Benedetti Steven L | -- | None Available | |
| Benedetti Steven L | $1,250,000 | First American Title Company | |
| Heim Richard C | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Capak Capak Pourbahrami Peter L Pourbahrami Peter L | $2,231,250 | |
| Previous Owner | Benedetti Steven L | $720,000 | |
| Previous Owner | Benedetti Steven L | $525,000 | |
| Previous Owner | Benedetti Steven L | $525,000 | |
| Previous Owner | Heim Richard C | $250,000 | |
| Closed | Benedetti Steven L | $250,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/31/2020 03/31/20 | Sold | $2,975,000 | -0.8% | $1,241 / Sq Ft |
| 03/06/2020 03/06/20 | Pending | -- | -- | -- |
| 02/12/2020 02/12/20 | For Sale | $2,998,000 | -- | $1,250 / Sq Ft |
Source: MLSListings
Tax History Compared to Growth
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 | $37,167 | $3,189,796 | $3,030,255 | $159,541 |
| 2023 | $36,784 | $3,127,252 | $2,970,839 | $156,413 |
| 2022 | $36,687 | $3,065,935 | $2,912,588 | $153,347 |
| 2021 | $35,785 | $3,005,820 | $2,855,479 | $150,341 |
| 2020 | $19,296 | $1,593,189 | $955,915 | $637,274 |
| 2019 | $18,477 | $1,561,951 | $937,172 | $624,779 |
| 2018 | $18,273 | $1,531,326 | $918,797 | $612,529 |
| 2017 | $17,512 | $1,501,301 | $900,782 | $600,519 |
| 2016 | $17,167 | $1,471,865 | $883,120 | $588,745 |
| 2015 | $16,673 | $1,449,757 | $869,855 | $579,902 |
| 2014 | $16,521 | $1,421,359 | $852,816 | $568,543 |
Source: Public Records
Agents Affiliated with this Home
-
Ed Graziani
Seller's Agent in 2020
Ed Graziani
Sereno Group
(408) 777-3814
61 Total Sales
-
Buyer's Agent in 2020
Drew Doran
Compass
(650) 314-7200
79 Total Sales
Map
Source: MLSListings
MLS Number: ML81782453
APN: 197-23-021
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