NOT LISTED FOR SALE

550 Penny Ln Mountain View, CA 94043

Monta Loma Neighborhood

Estimated Value: $1,814,000 - $2,072,000

3 Beds
2.5 Baths
1,196 Sq Ft
$1,618/Sq Ft Est. Value

Last Sold June 18, 2015

Last sale price $1,140,000 $953 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $11,881/month

13 Days on Market

Highlights

  • City Lights View
  • Wood Flooring
  • 1 Car Detached Garage
  • Theuerkauf Elementary School Rated A-
  • Granite Countertops
  • Granite Bathroom Countertops

About This Home

As of June 2015

Beautiful 13 years old contemporary detached home w/ 3 bedrooms, 2.5 baths located in the heart of Silicon Valley. Minutes from Google, Symantec, Linkedin, Microsoft, NASA, Light Rail, CAL Train and easy access to highways. Crittenden Middle & Los Altos High. Well-maintained back yard with plenty of sun and shade. Beautiful hardwood through out the ground floor. Living room with cozy fireplace. New tiles in full bathrooms. New carpet upstairs. Stunning granite counter tops in both kitchen and baths.

Last Agent to Sell the Property

Jenny Huang

Coldwell Banker Realty License #01362454 Listed on: 05/07/2015

Coldwell Banker Realty

Last Buyer's Agent

Jonathan Klotz

Intero Real Estate Services License #01951800

Intero Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,307

Year Built

  • Built in 2002

Lot Details

  • 3,267 Sq Ft Lot
  • Back Yard
  • Zoning described as R322

Parking

  • 1 Car Detached Garage

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,196 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Dining Room
  • City Lights Views
  • Laundry on upper level

Kitchen

  • Gas Oven
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Granite Bathroom Countertops
  • Dual Sinks

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Individual Gas Meter

Community Details

  • Property has a Home Owners Association
  • Association fees include common area electricity, insurance - common area, maintenance - common area
  • Penny Lane Association
  • Built by Penny Lane Home Association
  • The community has rules related to credit or board approval

Listing and Financial Details

  • Assessor Parcel Number 150-04-024

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,307

Year Built

Built in 2002

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Restrictions: Board / Park Approval
  • Age: 13
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 7
  • Structure Sq Ft: 1196
  • Complex Name: Penny Lane Home Association
  • Year Built: 2002
  • Zoning Description: R322
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Burning
  • Dining Room: No Formal Dining Room
  • Kitchen: Countertop - Granite, Dishwasher, Microwave, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 1196
  • Stories: 2
  • Laundry: Hookup - Electric, Hookup - Washer/Dryer, Upper Floor
  • Flooring: Carpet, Hardwood, Tile
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Granite
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Composition
  • View: City Lights
  • Yard/Grounds: Back Yard

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Detached Garage

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 182
  • Association Fees Include: Common Area Electricity, Insurance - Common Area, Maintenance - Common Area
  • H O A Name Text: Penny Lane
  • H O A Exist: Yes

Schools

  • School District: Mountain View-Los Altos Union High
  • Elementary School: Theuerkauf Elementary
  • Middle School: Crittenden Middle
  • High School: Los Altos High
  • High School: 265
  • Elementary School: 1085
  • Middle School: 1083

Lot Info

  • Parcel Number: 150-04-024
  • Lot Acres: 0.0750
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3255.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 3255.00

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters

MLS Schools

  • High School District Text: Mountain View-Los Altos Union High
  • Elementary School Text: Theuerkauf Elementary
  • High School Text: Los Altos High
  • Middle School Text: Crittenden Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2015
Closed on
May 5, 2015
Sold by
Acumentum Penny Lane Llc
Bought by
Acumentum Penny Lane Llc
Seller's Agent
Jenny Huang
Coldwell Banker Realty
Buyer's Agent
Jonathan Klotz
Intero Real Estate Services
List Price
$1,099,950
Sold Price
$1,140,000
Premium/Discount to List
$40,050
3.64%
Current Estimated Value
$1,931,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$791,120
Avg. Annual Appreciation
4.55%

Purchase Details

Closed on
Aug 15, 2013
Sold by
Doone Tenny and Doone Evelynn
Bought by
Acumentum Penny Lane Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,750,000
Interest Rate
4.51%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Acumentum Penny Lane Llc -- Old Republic Title Company
Acumentum Penny Lane Llc -- Cornerstone Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wu Hai Ning $700,000
Closed Wu Hai Ning $800,000
Closed Acumentum Penny Lane Llc $2,750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2015 06/18/15 Sold $1,140,000 +3.6% $953 / Sq Ft
05/20/2015 05/20/15 Pending -- -- --
05/07/2015 05/07/15 For Sale $1,099,950 -- $920 / 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 $16,307 $1,370,102 $985,513 $384,589
2024 $16,307 $1,343,239 $966,190 $377,049
2023 $16,094 $1,316,902 $947,246 $369,656
2022 $16,048 $1,291,081 $928,673 $362,408
2021 $15,671 $1,265,766 $910,464 $355,302
2020 $15,579 $1,252,788 $901,129 $351,659
2019 $14,892 $1,228,224 $883,460 $344,764
2018 $14,753 $1,204,142 $866,138 $338,004
2017 $14,083 $1,180,532 $849,155 $331,377
2016 $13,711 $1,157,385 $832,505 $324,880
2015 $9,338 $790,484 $484,490 $305,994
2014 $9,225 $775,000 $475,000 $300,000
Source: Public Records

Agents Affiliated with this Home

  • Jenny Huang

    Seller's Agent in 2015

    Jenny Huang

    Coldwell Banker Realty

    (408) 802-3982

    74 Total Sales

    Section Image

  • J

    Buyer's Agent in 2015

    Jonathan Klotz

    Intero Real Estate Services

    Section Image
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Map

Source: MLSListings

MLS Number: ML81463887

MLSListings

APN: 150-04-024

California Santa Clara County Mountain View 94043 Monta Loma

550 Penny Ln, Mountain View, CA

This home is located at 550 Penny Ln, Mountain View, CA 94043 since 07 May 2015 and is currently estimated at $1,935,216, approximately $1,618 per square foot. This property was built in 2002. 550 Penny Ln is a home located in Santa Clara County with nearby schools including Theuerkauf Elementary School, Crittenden Middle School, and Los Altos High School.

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