NOT LISTED FOR SALE

985 Covington Rd Los Altos, CA 94024

Estimated Value: $5,003,000 - $6,513,000

5 Beds
4 Baths
2,880 Sq Ft
$1,888/Sq Ft Est. Value

Highlights

  • Wood Flooring
  • Loft
  • Den
  • Springer Elementary School Rated A+
  • Wine Refrigerator
  • Balcony

About This Home

As of May 2021

Remodeled from the studs in 2012, this 2-story home is conveniently located near schools, shops, restaurants, with easy access to highways (101, 280 and 85). With large windows and skylights, the house is full of natural light. The downstairs conveniently has two bedrooms (including a suite). The upstairs includes a loft area and three bedrooms (with a master suite plus a retreat). The garage has laminated floor (with a layer of cork) plus wall-mirrors - a great place for indoor gym. Circular driveway! Available starting August 1st, 2021. Annual lease. Please text Bruce at 650.988.6881 first to make an appointment.

Last Agent to Rent the Property

Bruce Yang

Keller Williams Palo Alto License #01950039 Listed on: 04/29/2021

Keller Williams Palo Alto

Last Renter's Agent

Bruce Yang

Keller Williams Palo Alto License #01950039 Listed on: 04/29/2021

Keller Williams Palo Alto

Home Details

Home Type

  • Single Family

Year Built

  • 1958

Lot Details

  • 0.27 Acre Lot
  • Grass Covered Lot
  • Back Yard

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 2,880 Sq Ft Home
  • 2-Story Property
  • Whole House Fan
  • Skylights
  • Fireplace
  • Double Pane Windows
  • Separate Family Room
  • Dining Area
  • Den
  • Loft
  • Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Balcony
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Thermostat

Listing and Financial Details

  • Security Deposit $10,000
  • Property Available on 8/1/21
  • 12-Month Minimum Lease Term

Home Details

Home Type

Single Family

Year Built

1958

Lot Details

0

Parking

2

Rental Info

  • Available: 08/01/2021
  • Lease Terms: Deposit Required
  • Minimum Lease Months: 12
  • Security Deposit: 10000

Listing Details

  • Subclass: House For Rent
  • Restrictions: Pets - Allowed
  • Listing Class: Residential Lease/Rental
  • Structure Sq Ft: 2880
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1958

Interior Features

  • Family Room: Separate Family Room
  • Dining Room: Dining Area, Eat In Kitchen
  • Kitchen: Cooktop - Electric, Dishwasher, Freezer, Island, Microwave, Oven - Electric, Pantry, Refrigerator, Wine Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 2880
  • Stories: 2
  • Laundry: Washer / Dryer
  • Flooring: Hardwood, Tile
  • Additional Rooms: Loft, Office Area
  • Full Bathrooms: 4
  • Total Bedrooms: 5

Exterior Features

  • Yard/Grounds: Back Yard, Balcony / Patio, Low Maintenance, Storage Shed / Structure

Garage/Parking

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

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air - Gas

Schools

  • High School: 266

Lot Info

  • Lot Acres: 0.2700
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 11761.20
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 11761.20

Green Features

  • Energy Features: Double Pane Windows, Skylight, Thermostat Controller, Whole House Fan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2010
Sold by
Yang Bruce Bin and Chen Lijun
Bought by
Yang Bruce Bin and Chen Lijun
Current Estimated Value
$5,438,582

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$719,750
Outstanding Balance
$452,876
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$4,985,706

Purchase Details

Closed on
Apr 16, 2008
Sold by
Yang Bruce Bin and Chen Lijun
Bought by
Yang Bruce Bin and Chen Lijun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$985,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 2008
Sold by
Yang Bruce Bin and Chen Lijun
Bought by
Yang Bruce Bin and Chen Lijun

Purchase Details

Closed on
Dec 20, 2006
Sold by
Ting Shu Tang and Ting Mary
Bought by
Yang Bruce Bin and Chen Li Jun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$998,000
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 3, 2005
Sold by
Masshar Shirley A
Bought by
Ting Shu Tang and Ting Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
7.7%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Yang Bruce Bin -- Stewart Title Of California
Yang Bruce Bin -- Stewart Title Of California
Yang Bruce Bin -- Stewart Title Of California
Yang Bruce Bin -- Stewart Title Of California
Yang Bruce Bin -- None Available
Yang Bruce Bin $1,300,000 Alliance Title Company
Ting Shu Tang $1,300,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yang Bruce Bin $719,750
Closed Yang Bruce Bin $985,000
Closed Yang Bruce Bin $998,000
Previous Owner Ting Shu Tang $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2021 05/24/21 Rented $10,000 0.0% --
04/29/2021 04/29/21 For Rent $10,000 -- --
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 $24,959 $2,060,650 $1,607,742 $452,908
2024 $24,959 $2,020,246 $1,576,218 $444,028
2023 $25,235 $1,980,634 $1,545,312 $435,322
2022 $24,060 $1,941,799 $1,515,012 $426,787
2021 $24,047 $1,903,725 $1,485,306 $418,419
2020 $24,176 $1,884,206 $1,470,077 $414,129
2019 $22,989 $1,847,261 $1,441,252 $406,009
2018 $22,788 $1,811,042 $1,412,993 $398,049
2017 $21,886 $1,775,533 $1,385,288 $390,245
2016 $21,467 $1,740,720 $1,358,126 $382,594
2015 $18,037 $1,449,200 $1,337,726 $111,474
2014 $17,781 $1,420,813 $1,311,522 $109,291
Source: Public Records

Agents Affiliated with this Home

  • Bruce Yang

    Landlord's Agent in 2021

    Bruce Yang

    Keller Williams Palo Alto

    (650) 988-6881

    27 Total Sales

    Bruce Yang
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Map

Source: MLSListings

MLS Number: ML81841483

MLSListings

APN: 189-09-058

California Santa Clara County Los Altos 94024

985 Covington Rd, Los Altos, CA

Not Listed for Sale

Detached

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