NOT LISTED FOR SALE

508 Chesley Ave Mountain View, CA 94040

Estimated Value: $3,753,000 - $4,308,000

4 Beds
2.5 Baths
2,128 Sq Ft
$1,882/Sq Ft Est. Value

Last Sold March 29, 2022

Last sale price $3,805,000 $1,788 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $24,318/month

7 Days on Market

Highlights

  • Formal Dining Room
  • 2 Car Attached Garage
  • Separate Family Room
  • Amy Imai Elementary School Rated A
  • Forced Air Heating and Cooling System
  • 2-minute walk to Cooper Park

About This Home

As of March 2022

Lovingly maintained by its owner of 56 years, this home offers a premier location just 2 doors from Cooper Park! The renovated kitchen showcases custom cabinetry, stone, high end appliances and granite counters. Open to the kitchen is the family room with vaulted ceiling and sliding glass door to rear patio, perfect for entertaining. Additional public spaces include an expansive light filled living room with fireplace and a formal dining room. 3 spacious bedrooms are adjacent to the renovated hall bathroom. The grand primary suite offers a renovated bath with 2 sink vanity, walk-in closet, accessory closet and sliding glass door to the rear patio and spa. Large utility room with laundry, storage and half bath. Private back yard with mature landscaping, spa and manicured gardens. Upgraded furnace, AC, tankless water heater. Easy access to major commute routes, shopping, and excellent schools make this a great place to call home!

Last Agent to Sell the Property

Ryan Gowdy

Compass License #01322889 Listed on: 02/23/2022

Compass

Last Buyer's Agent

Jim & Jimmy Nappo

Compass License #70000193

Home Details

Home Type

  • Single Family

Year Built

  • 1965

Lot Details

  • 8,555

Parking

  • 2 Car Attached Garage

Home Design

  • Wood Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,128 Sq Ft Home
  • 1-Story Property
  • Separate Family Room
  • Living Room with Fireplace
  • Formal Dining Room

Bedrooms and Bathrooms

  • 4 Bedrooms

Additional Features

  • 8,555 Sq Ft Lot
  • Forced Air Heating and Cooling System

Home Details

Home Type

Single Family

Year Built

1965

Lot Details

0

Parking

2

Listing Details

  • Zoning: R1-8L
  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 2128
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1965

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room
  • Dining Room: Formal Dining Room
  • Fireplace: Yes
  • Living Sq Ft: 2128
  • Stories: 1
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Wood Shakes / Shingles

Garage/Parking

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

Utilities

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

Lot Info

  • Lot Acres: 0.1964
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8554.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8554.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2022
Closed on
Mar 8, 2022
Sold by
Hoyt Family Survivors Trust
Bought by
Leong Peter and Hui Amanda
Seller's Agent
Ryan Gowdy
Compass
Buyer's Agent
Jim & Jimmy Nappo
Compass
List Price
$3,198,000
Sold Price
$3,805,000
Premium/Discount to List
$607,000
18.98%
Current Estimated Value
$4,004,847

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,847
Avg. Annual Appreciation
1.37%
Original Mortgage
$2,283,000
Outstanding Balance
$2,080,534
Interest Rate
2.13%
Mortgage Type
New Conventional
Estimated Equity
$1,924,313

Purchase Details

Listed on
Feb 23, 2022
Closed on
Feb 5, 2022
Sold by
Hoyt Family 2000 Trust and Hoyt Ellen P
Bought by
Hoyt Family Survivors Trust and Hoyt Family Exemption Trust
Seller's Agent
Ryan Gowdy
Compass
Buyer's Agent
Jim & Jimmy Nappo
Compass
List Price
$3,198,000
Sold Price
$3,805,000
Premium/Discount to List
$607,000
18.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,283,000
Outstanding Balance
$2,080,534
Interest Rate
2.13%
Mortgage Type
New Conventional
Estimated Equity
$1,924,313

Purchase Details

Closed on
Feb 26, 2008
Sold by
Hoyt Robert M and Hoyt Ellen P
Bought by
Hoyt Robert M and Hoyt Ellen P

Purchase Details

Closed on
Jul 10, 2000
Sold by
Hoyt Robert M and Hoyt Ellen P
Bought by
Hoyt Robert M and Hoyt Ellen P
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
Leong Peter $3,805,000 Chicago Title
Hoyt Family Survivors Trust -- None Listed On Document
Hoyt Robert M -- None Available
Hoyt Robert M -- --
Hoyt Robert M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leong Peter $2,283,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2022 03/29/22 Sold $3,805,000 +19.0% $1,788 / Sq Ft
03/03/2022 03/03/22 Pending -- -- --
02/23/2022 02/23/22 For Sale $3,198,000 -- $1,503 / 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 $40,758 $3,820,348 $3,608,107 $212,241
2024 $40,758 $3,500,000 $3,310,000 $190,000
2023 $40,205 $3,881,100 $3,686,994 $194,106
2022 $2,356 $178,552 $41,550 $137,002
2021 $2,301 $175,052 $40,736 $134,316
2020 $2,301 $173,258 $40,319 $132,939
2019 $2,214 $169,862 $39,529 $130,333
2018 $2,202 $166,532 $38,754 $127,778
2017 $2,119 $163,268 $37,995 $125,273
2016 $1,997 $160,067 $37,250 $122,817
2015 $1,943 $157,664 $36,691 $120,973
2014 $1,927 $154,577 $35,973 $118,604
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81879545

MLSListings

APN: 197-27-075