NOT LISTED FOR SALE

560 Penny Ln Mountain View, CA 94043

Monta Loma Neighborhood

Estimated Value: $1,957,000 - $2,090,000

3 Beds
2.5 Baths
1,196 Sq Ft
$1,674/Sq Ft Est. Value

Last Sold July 16, 2021

Last sale price $1,750,000 $1,463 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $12,526/month

11 Days on Market

Highlights

  • Horse Property
  • Wood Flooring
  • Garden View
  • Crittenden Middle School Rated A-
  • Main Floor Bedroom
  • Granite Countertops

About This Home

As of July 2021

A truly rare, light and bright detached home in Mountain View, in the heart of Silicon Valley! 560 Penny Lane offers so much for the price point. On the first floor you will enjoy the gas fireplace, hardwood floors and one bedroom with half bath, well-appointed kitchen with center island, stainless steel appliances and granite countertops. The upstairs includes an additional two spacious dual aspect bedrooms, two baths with marble tile and a full sized washer and dryer. Enjoy the private backyard space with the scent of jasmine surrounding the entire yard. Built in 2002, this community of five homes features a private street, quiet neighborhood environment and peaceful surroundings. Located minutes from Google and so many other tech companies, you can easily bike to work. Easy access to Caltrain, Hwy 101, Steven Creek Trail, shopping and restaurants. Schools: Crittenden Middle and Los Altos High!

Last Agent to Sell the Property

Jim Enes

Redfin License #01111260 Listed on: 05/27/2021

Last Buyer's Agent

Liping Zhang

Coldwell Banker Realty License #02049392

Home Details

Home Type

  • Single Family

Year Built

  • 2002

Lot Details

  • 2,309 Sq Ft Lot
  • Southwest Facing Home
  • Flag Lot
  • Back Yard Fenced

HOA Fees

  • $225 Monthly HOA Fees

Parking

  • 1 Car Detached Garage

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 1,196 Sq Ft Home
  • 2-Story Property
  • Gas Log Fireplace
  • Double Pane Windows
  • Combination Dining and Living Room
  • Garden Views
  • Crawl Space

Kitchen

  • Gas Oven
  • Range Hood
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Granite Bathroom Countertops
  • Dual Sinks
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry on upper level
  • Washer and Dryer

Outdoor Features

  • Horse Property
  • Balcony

Utilities

  • Forced Air Heating System

Community Details

  • Association fees include common area electricity, insurance - common area, maintenance - common area, maintenance - road
  • Penny Lane HOA
  • The community has rules related to credit or board approval

Home Details

Home Type

Single Family

Year Built

2002

Lot Details

0

HOA Fees

$225 per month

Parking

1

Listing Details

  • Zoning: R322
  • Subclass: Single Family Home
  • Restrictions: Board / Park Approval, Neighborhood Approval
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 5
  • Structure Sq Ft: 1196
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2002

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Log
  • Dining Room: Dining Area In Living Room
  • Kitchen: Countertop - Granite, Dishwasher, Hood Over Range, Oven Range - Gas, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 1196
  • Stories: 2
  • Bedrooms: Ground Floor Bedroom
  • Laundry: Inside, Upper Floor, Washer / Dryer
  • Flooring: Carpet, Wood
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Granite, Shower Over Tub - 1, Stall Shower

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space
  • Roof: Composition
  • View: Garden / Greenbelt
  • Yard/Grounds: Back Yard, Balcony / Patio
  • Horse Property: Yes
  • Fencing: Fenced, Fenced Back, Gate
  • Property Faces: Southwest
  • Construction Type: Stucco, Wood

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Complex Name: Penny Lane HOA
  • HOA Fees: 225
  • HOA Documents: Articles Of Incorporation, Budget, Bylaws, Cc&rs, Financial Statement, Minutes, Reserve Study, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Insurance - Common Area, Maintenance - Common Area, Maintenance - Road
  • HOA Exist: Yes
  • H O A Name Text: Penny Lane HOA

Schools

  • High School: 265

Lot Info

  • Lot Description: Flag Lot
  • Lot Acres: 0.0530
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 2310.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 2310.00

Green Features

  • Energy Features: Double Pane Windows

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2021
Closed on
Jul 7, 2021
Sold by
Paka Amit and Paka Natalia
Bought by
Wang Kaiyue and Yang Yi
Seller's Agent
Jim Enes
Redfin
Buyer's Agent
Liping Zhang
Coldwell Banker Realty
List Price
$1,498,000
Sold Price
$1,750,000
Premium/Discount to List
$252,000
16.82%
Current Estimated Value
$2,002,067

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$252,067
Avg. Annual Appreciation
3.06%
Original Mortgage
$1,400,000
Outstanding Balance
$1,262,347
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$739,720

Purchase Details

Listed on
Sep 25, 2015
Closed on
Oct 21, 2015
Sold by
Acumentum Penny Lane Llc
Bought by
Paka Amit and Burina Natalia
Seller's Agent
Jenny Huang
Coldwell Banker Realty
Buyer's Agent
Brigid Van Randall
Redfin
List Price
$1,239,950
Sold Price
$1,255,000
Premium/Discount to List
$15,050
1.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.97%
Original Mortgage
$1,004,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 5, 2015
Sold by
Acumentum Penny Lane Llc
Bought by
Acumentum Penny Lane Llc

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:

--
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
Wang Kaiyue $1,750,000 Chicago Title
Paka Amit $1,255,000 Old Republic 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 Wang Kaiyue $1,400,000
Previous Owner Paka Amit $1,004,000
Previous Owner Acumentum Penny Lane Llc $2,750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/16/2021 07/16/21 Sold $1,750,000 +16.8% $1,463 / Sq Ft
06/08/2021 06/08/21 Pending -- -- --
05/27/2021 05/27/21 For Sale $1,498,000 +19.4% $1,253 / Sq Ft
10/23/2015 10/23/15 Sold $1,255,000 +1.2% $1,049 / Sq Ft View Prior Sale
09/30/2015 09/30/15 Pending -- -- --
09/25/2015 09/25/15 For Sale $1,239,950 -- $1,037 / 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 $21,989 $1,857,114 $928,557 $928,557
2024 $21,989 $1,820,700 $910,350 $910,350
2023 $17,509 $1,435,000 $717,500 $717,500
2022 $21,640 $1,750,000 $875,000 $875,000
2021 $16,966 $1,372,524 $686,262 $686,262
2020 $16,866 $1,358,452 $679,226 $679,226
2019 $16,122 $1,331,816 $665,908 $665,908
2018 $15,970 $1,305,702 $652,851 $652,851
2017 $15,243 $1,280,100 $640,050 $640,050
2016 $14,847 $1,255,000 $627,500 $627,500
2015 $9,866 $836,383 $530,389 $305,994
2014 $9,747 $820,000 $520,000 $300,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jim Enes

    Redfin

    Section Image

  • L

    Buyer's Agent in 2021

    Liping Zhang

    Coldwell Banker Realty

  • Jenny Huang

    Seller's Agent in 2015

    Jenny Huang

    Coldwell Banker Realty

    (408) 802-3982

    73 Total Sales

    Jenny Huang
    Section Image

  • B

    Buyer's Agent in 2015

    Brigid Van Randall

    Redfin

    Section Image
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Map

Source: MLSListings

MLS Number: ML81846185

MLSListings

APN: 150-04-025

California Santa Clara County Mountain View 94043 Monta Loma

560 Penny Ln, Mountain View, CA

Not Listed for Sale

Detached

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