NOT LISTED FOR SALE

987 Lane Ave Unit 1 Mountain View, CA 94040

Cuesta Park Neighborhood

Estimated Value: $1,534,000 - $1,766,246

3 Beds
2.5 Baths
1,543 Sq Ft
$1,063/Sq Ft Est. Value

Last Sold July 02, 2021

Last sale price $1,566,000 $1,015 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $11,130/month

6 Days on Market

Highlights

  • Quartz Countertops
  • Walk-In Closet
  • Tile Flooring
  • Benjamin Bubb Elementary School Rated A
  • Bathtub with Shower
  • Forced Air Heating System

About This Home

As of July 2021

This tasteful townhouse with an open floor plan and just one shared wall is the finest fusion of modern luxuries and natural wonders. Major upgrades done in 2019 include new laminate flooring, dimmable recessed lights throughout, new interior paint, and remodeled bathrooms w/ new quartz counters, sinks, vanities, toilets, and showers. In 2016, the kitchen was remodeled with soft-close cabinets, quartz countertops, and new appliances including Samsung french door fridge, Samsung oven+induction stove, and GE built-in microwave. Enjoy a private back patio, fireplace in living room, and dry bar w/quartz counter upstairs. Primary suite has a walk-in closet, rainfall shower, and balcony. For picnics and recreation, you can visit Eagle Park and McKelvey Ballpark, or escape to a forest-like common area right behind your patio. Besides being zoned for reputable MV schools, this is also a prime location for shopping and dining on El Camino Real and downtain MV, and commuting via Hwy 85 & 237

Last Listed By

Coco Tan

Keller Williams Realty-Silicon Valley License #01376998 Listed on: 05/27/2021

Keller Williams Realty-Silicon Valley

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $19,139

Year Built

  • 1979

Lot Details

  • 1,024 Sq Ft Lot
  • Back and Front Yard Fenced

HOA Fees

  • $400 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,543 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Dining Area

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Quartz Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • Bathtub with Shower
  • Bathtub Includes Tile Surround

Laundry

  • Laundry in unit
  • Washer and Dryer

Utilities

  • Forced Air Heating System

Community Details

Overview

  • Association fees include common area electricity, exterior painting, insurance - common area, landscaping / gardening, management fee, reserves, roof
  • Boranda Lane HOA

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$19,139

Year Built

1979

Lot Details

0

HOA Fees

$400 per month

Parking

2

Listing Details

  • Zoning: R3-15
  • Subclass: Townhouse
  • Restrictions: Pets - Allowed
  • Age: 42
  • Listing Class: Residential
  • Structure Sq Ft: 1543
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 1979

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room
  • Dining Room: Dining Area
  • Kitchen: Cooktop - Electric, Countertop - Quartz, Dishwasher, Microwave, Oven - Electric, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 1543
  • Stories: 2
  • Bedrooms: Walk-In Closet
  • Laundry: Inside, Washer / Dryer
  • Flooring: Laminate, Tile
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Shower And Tub, Tile, Updated Bath

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Fencing: Fenced Back, Fenced Front

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage

Utilities

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

Condo/Co-op/Association

  • Complex Name: Boranda Lane HOA
  • HOA Fees: 400
  • HOA Documents: Articles Of Incorporation, Budget, Bylaws, Cc&rs, Financial Statement, Minutes
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Exterior Painting, Insurance - Common Area, Landscaping / Gardening, Management Fee, Reserves, Roof
  • HOA Exist: Yes
  • H O A Name Text: Boranda Lane HOA

Schools

  • School District: Mountain View-Los Altos Union High
  • Elementary School: Benjamin Bubb Elementary
  • Middle School: Isaac Newton Graham Middle
  • High School: Mountain View High
  • High School: 266
  • Elementary School: 161
  • Middle School: 163

Lot Info

  • Lot Acres: 0.0235
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1023.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1023.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2021
Closed on
Jun 30, 2021
Sold by
Pomerleau Oliver and Han Aeris
Bought by
Nagpal Amitabh and Nagpal Sunita
Seller's Agent
Coco Tan
Keller Williams Realty-Silicon Valley
Buyer's Agent
Anita Bolinjkar
Intero Real Estate Services
List Price
$1,299,888
Sold Price
$1,566,000
Premium/Discount to List
$266,112
20.47%
Total Days on Market
6
Current Estimated Value
$1,639,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,812
Avg. Annual Appreciation
1.19%
Original Mortgage
$1,174,500
Outstanding Balance
$1,076,510
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$563,302

Purchase Details

Listed on
Jun 20, 2016
Closed on
Jul 18, 2016
Sold by
Codeglia Kenneth J and Codeglia Harriet A
Bought by
Pomerleau Olivier and Han Aeris
Seller's Agent
Royce Cablayan
Christie's International Real Estate Sereno
Buyer's Agent
Coco Tan
Keller Williams Thrive
List Price
$1,195,000
Sold Price
$1,300,000
Premium/Discount to List
$105,000
8.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.85%
Original Mortgage
$1,040,000
Interest Rate
2.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jun 20, 2016
Closed on
Jun 27, 2016
Sold by
Codeglia Kenneth J and Codeglia Harriet A
Bought by
Codeglia Kenneth J and Codeglia Harriet A
Seller's Agent
Royce Cablayan
Christie's International Real Estate Sereno
Buyer's Agent
Coco Tan
Keller Williams Thrive
List Price
$1,195,000
Sold Price
$1,300,000
Premium/Discount to List
$105,000
8.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,040,000
Interest Rate
2.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 23, 2013
Sold by
Codeglia Kenneth James and Codeglia Harriet Ann
Bought by
Codeglia Kenneth J and Codeglia Harriet A

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
Nagpal Amitabh $1,566,000 Chicago Title Company
Pomerleau Olivier $1,300,000 Old Republic Title Company
Codeglia Kenneth J -- Old Republic Title Co
Codeglia Kenneth J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nagpal Amitabh $1,174,500
Previous Owner Pomerleau Olivier $1,040,000
Previous Owner Codeglia Kenneth James $390,000
Previous Owner Codeglia Kenneth James $75,000
Previous Owner Codeglia Kenneth James $440,000
Previous Owner Codeglia Kenneth James $109,100
Previous Owner Codeglia Kenneth James $342,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2021 07/02/21 Sold $1,566,000 +20.5% $1,015 / Sq Ft
06/03/2021 06/03/21 Pending -- -- --
05/27/2021 05/27/21 For Sale $1,299,888 0.0% $842 / Sq Ft
07/29/2016 07/29/16 Sold $1,300,000 +8.8% $843 / Sq Ft
06/30/2016 06/30/16 Pending -- -- --
06/20/2016 06/20/16 For Sale $1,195,000 -- $774 / 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
2024 $19,139 $1,629,266 $814,633 $814,633
2023 $18,944 $1,597,320 $798,660 $798,660
2022 $18,895 $1,566,000 $783,000 $783,000
2021 $16,761 $1,393,862 $696,931 $696,931
2020 $16,785 $1,379,570 $689,785 $689,785
2019 $16,074 $1,352,520 $676,260 $676,260
2018 $15,901 $1,326,000 $663,000 $663,000
2017 $15,241 $1,300,000 $650,000 $650,000
2016 $4,472 $371,942 $149,371 $222,571
2015 $4,347 $366,356 $147,128 $219,228
2014 $4,310 $359,180 $144,246 $214,934
Source: Public Records

Agents Affiliated with this Home

  • Coco Tan

    Seller's Agent in 2021

    Coco Tan

    Keller Williams Realty-Silicon Valley

    (408) 861-8821

    3 in this area

    452 Total Sales

    Coco Tan
    Section Image

  • A

    Buyer's Agent in 2021

    Anita Bolinjkar

    Intero Real Estate Services

    (510) 366-8417

    1 in this area

    10 Total Sales

    Anita Bolinjkar
    Section Image
  • Royce Cablayan

    Seller's Agent in 2016

    Royce Cablayan

    Sereno Group

    (650) 224-1711

    1 in this area

    181 Total Sales

    Royce Cablayan
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81846156

MLSListings

APN: 193-50-001

California Santa Clara County Mountain View 94040 Cuesta Park

987 Lane Ave Unit 1, Mountain View, CA

Homes for Sale in Mountain View, CA

This home is located at 987 Lane Ave Unit 1, Mountain View, CA 94040 since 27 May 2021 and is currently estimated at $1,639,812, approximately $1,062 per square foot. This property was built in 1979. 987 Lane Ave Unit 1 is a home located in Santa Clara County with nearby schools including Benjamin Bubb Elementary School, Isaac Newton Graham Middle School, and Mountain View High School.

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