NOT LISTED FOR SALE

640 Covington Rd Los Altos, CA 94024

Estimated Value: $3,883,000 - $5,393,370

3 Beds
2 Baths
2,252 Sq Ft
$2,067/Sq Ft Est. Value

Last Sold April 20, 2018

Last sale price $2,825,000 $1,254 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $28,322/month

7 Days on Market

Highlights

  • Spa
  • Wood Flooring
  • Breakfast Area or Nook
  • Loyola Elementary School Rated A
  • 2 Fireplaces
  • Skylights

About This Home

As of April 2018

Phenomenal 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!

Last Agent to Sell the Property

Barb Conkin-Orrock

Compass License #00943512 Listed on: 03/21/2018

Compass

Last Buyer's Agent

Mini Kalkat

Intero Real Estate Services License #01112790

Intero Real Estate Services

Home Details

Home Type

  • Single Family

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 Attached Garage
  • Workshop in Garage

Home Design

  • Ceiling Insulation
  • Concrete Roof
  • 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

Home Details

Home Type

Single Family

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch
  • Listing Class: Residential
  • Structure Sq Ft: 2252
  • Year Built: 1952
  • Zoning Description: R110
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Wood Burning
  • Dining Room: Breakfast Nook, Dining Area in Living Room, Skylight
  • Kitchen: Countertop - Tile, Dishwasher, Exhaust Fan, Garbage Disposal, Hookups - Gas, Oven - Electric, Oven - Self Cleaning, Oven Range, Oven Range - Electric
  • Living Sq Ft: 2252
  • Stories: 2
  • Laundry: Electricity Hookup (220V), Gas Hookup
  • Flooring: Carpet, Hardwood, Tile
  • Additional Rooms: Formal Entry, Laundry Room
  • Fireplaces Min: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Primary - Stall Shower(s), Shower over Tub - 1
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Pool Description: Spa / Hot Tub
  • Roof: Concrete
  • Yard/Grounds: Back Yard, Drought Tolerant Plants, Fenced, Porch - Enclosed, Sprinklers - Auto
  • Fencing: Wood

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage, Workshop in Garage

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Skylight

Schools

  • High School: 265

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 189-45-016
  • Lot Acres: 0.2330
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 10151.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 10151.00

Green Features

  • Energy Features: Ceiling Insulation

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Mountain View-Los Altos Union High
  • Elementary School Text: Loyola Elementary
  • High School Text: Los Altos High
  • Middle School Text: Georgina P. Blach Intermediate

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
Current Estimated Value
$4,654,093

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
$2,172,273
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$2,481,820

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
6.71%
Original Mortgage
$1,977,500
Interest Rate
4.46%
Mortgage Type
New Conventional
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
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 Devireddy Venkat Karthik $1,977,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

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 $47,240 $4,089,523 $3,072,136 $1,017,387
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

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Map

Source: MLSListings

MLS Number: ML81697312

MLSListings

APN: 189-45-016