640 Covington Rd Los Altos, CA 94024
Estimated Value: $4,802,000 - $5,496,186
3
Beds
2
Baths
2,252
Sq Ft
$2,305/Sq Ft
Est. Value
Highlights
- Spa
- Wood Flooring
- Breakfast Area or Nook
- Loyola Elementary School Rated A+
- 2 Fireplaces
- Skylights
About This Home
As of April 2018Phenomenal opportunity . . . Lovingly maintained by current owners of 46 years, this 3bd, 2ba home is within walking distance to Rancho Shopping Center, and just minutes to the Village of Los Altos! Great potential for remodeling or build new! Features include: hardwood floors, new paint in entry, bedrooms & baths. Kitchen has tile counters and eat-in nook. Living room has a wood-burning fireplace, skylight, and French Doors that opens to enclosed, sunlit Lanai. Formal dining area adjoins the living room. Upstairs family room has Swedish Fireplace -added with permits. Inside laundry room, two-car attached garage & hot tub included. Lush landscaping in private rear yard. Top-rated Los Altos Schools and easy access to freeways, parks and shops. Make this your dream home!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $47,240
Year Built
- Built in 1952
Lot Details
- 10,149 Sq Ft Lot
- Wood Fence
- Level Lot
- Sprinklers on Timer
- Drought Tolerant Landscaping
- Back Yard
- Zoning described as R110
Parking
- 2 Car Garage
- Workshop in Garage
Home Design
- Ceiling Insulation
- Concrete Perimeter Foundation
Interior Spaces
- 2,252 Sq Ft Home
- 2-Story Property
- Skylights
- 2 Fireplaces
- Wood Burning Fireplace
- Formal Entry
- Separate Family Room
- Combination Dining and Living Room
Kitchen
- Breakfast Area or Nook
- Electric Oven
- Self-Cleaning Oven
- Dishwasher
- Tile Countertops
- Disposal
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
- Bathtub with Shower
- Walk-in Shower
Laundry
- Laundry Room
- Gas Dryer Hookup
Outdoor Features
- Spa
- Enclosed patio or porch
Utilities
- Forced Air Heating System
- Vented Exhaust Fan
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 189-45-016
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 29, 2021
Sold by
Devireddy Venkat Karthik and Krishnan Sumitra
Bought by
Venkat Karthik Devireddy and Krishnan Sumitra
Total Days on Market
7
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,433,000
Outstanding Balance
$2,192,300
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$2,998,762
Purchase Details
Listed on
Mar 21, 2018
Closed on
Apr 17, 2018
Sold by
Freed Thomas R and Freed Linda R
Bought by
Devireddy Venkat Karthik and Krishnan Sumitra
Seller's Agent
Barb Conkin-Orrock
Compass
Buyer's Agent
Mini Kalkat
Intero Real Estate Services
List Price
$2,695,000
Sold Price
$2,825,000
Premium/Discount to List
$130,000
4.82%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.93%
Original Mortgage
$1,977,500
Interest Rate
4.46%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
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
Similar Homes in Los Altos, CA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Venkat Karthik Devireddy | -- | Solidifi | |
| Devireddy Venkat Karthik | $2,825,000 | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Venkat Karthik Devireddy | $2,433,000 | |
| Closed | Venkat Karthik Devireddy | $2,450,000 | |
| Closed | Devireddy Venkat Karthik | $1,977,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/20/2018 04/20/18 | Sold | $2,825,000 | +4.8% | $1,254 / Sq Ft |
| 03/29/2018 03/29/18 | Pending | -- | -- | -- |
| 03/21/2018 03/21/18 | For Sale | $2,695,000 | -- | $1,197 / 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 | $47,240 | $4,009,338 | $3,011,899 | $997,439 |
| 2023 | $47,521 | $4,011,498 | $2,952,843 | $1,058,655 |
| 2022 | $47,108 | $3,932,843 | $2,894,945 | $1,037,898 |
| 2021 | $47,200 | $3,855,730 | $2,838,182 | $1,017,548 |
| 2020 | $41,072 | $3,280,664 | $2,809,080 | $471,584 |
| 2019 | $35,255 | $2,881,500 | $2,754,000 | $127,500 |
| 2018 | $3,168 | $156,002 | $45,255 | $110,747 |
| 2017 | $3,078 | $152,944 | $44,368 | $108,576 |
| 2016 | $3,026 | $149,947 | $43,499 | $106,448 |
| 2015 | $3,021 | $147,696 | $42,846 | $104,850 |
| 2014 | $3,010 | $144,804 | $42,007 | $102,797 |
Source: Public Records
Agents Affiliated with this Home
-
Barb Conkin-Orrock
Seller's Agent in 2018
Barb Conkin-Orrock
Compass
(650) 996-4106
4 in this area
28 Total Sales
-
Mini Kalkat
Buyer's Agent in 2018
Mini Kalkat
Intero Real Estate Services
(650) 823-7835
33 in this area
148 Total Sales
Map
Source: MLSListings
MLS Number: ML81697312
APN: 189-45-016
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