NOT LISTED FOR SALE
4 Beds
4 Baths
1,626 Sq Ft
7,318 Sq Ft Lot

Last Sold August 11, 2015

Last sale price $1,350,000 $830 Per Sq Ft

14 Days on Market

Highlights

  • 0.17 Acre Lot
  • Wood Flooring
  • 3-minute walk to Creekside Park
  • Edith Landels Elementary School Rated A-
  • 1-Story Property

About This Home

As of August 2015

Great opportunity for investors live in one unit rent the other one, located in Mountain View's Historic Wagon Wheel Area each unit offers 2 bedrooms 1.1/4 Bathrooms, Bonus Room and Patio. 2 minute walking distance to Stevens Creek Trail a main corridor to the world famous business zone which includes Google, LinkedIn, Microsoft and NASA. Very close to trendy Castro Street, Numerous restaurants & Bars

Last Agent to Sell the Property

Angel Martinez-Lopez

Silicon Valley Associates Inc. License #01469015 Listed on: 07/10/2015

Last Buyer's Agent

Roberta Murai

Coldwell Banker Realty License #00799867

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1959

Lot Details

  • 7,318

Parking

  • 2 Carport Spaces

Home Design

  • Duplex
  • Wood Shingle Roof

Interior Spaces

  • 1,626 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Flooring

  • Wood
  • Carpet
  • Tile

Additional Features

  • 7,318 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $36,000

Community Details

Overview

Building Details

  • 1 Leased Unit
  • Insurance Expense $850
  • Trash Expense $106
  • Operating Expense $2,136
  • Gross Income $35,640

Property Details

Home Type

Multi-Family

Year Built

1959

Lot Details

7,318 Sq Ft Lot

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1626
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1959

Interior Features

  • Living Sq Ft: 1626
  • Stories: 1
  • Flooring: Carpet, Hardwood, Tile

Exterior Features

  • Foundation: Crawl Space
  • Roof: Wood Shakes / Shingles

Garage/Parking

  • Garage Parking Features: Carport
  • Carport Min: 2

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.1680
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7318.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7318.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 32.92
  • Number Of Leased: 1

Multi Family

  • Utilities: Natural Gas
  • Expense Insurance: 850
  • Expenses Total: 2136
  • Expense Trash: 106
  • Income Annual Gross: 35640.00
  • Income Annual Rental: 36000
  • Income Gross Scheduled: 36000
  • Meters: Separate Electric
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax
  • Tenant Expenses: Utilities - Electric
  • Vacancy Factor: 1
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/11/2015 08/11/15 Sold $1,350,000 +13.9% $830 / Sq Ft
07/24/2015 07/24/15 Pending -- -- --
07/10/2015 07/10/15 For Sale $1,185,000 -- $729 / Sq Ft
Source: MLSListings

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 $23,478 $2,040,000 $1,734,000 $306,000
2024 $23,478 $2,000,000 $1,700,000 $300,000
2023 $18,275 $1,536,064 $1,365,392 $170,672
2022 $18,226 $1,505,946 $1,338,620 $167,326
2021 $17,780 $1,476,419 $1,312,373 $164,046
2020 $17,805 $1,461,281 $1,298,917 $162,364
2019 $17,052 $1,432,630 $1,273,449 $159,181
2018 $16,866 $1,404,540 $1,248,480 $156,060
2017 $16,166 $1,377,000 $1,224,000 $153,000
2016 $15,726 $1,350,000 $1,200,000 $150,000
2015 $1,188 $83,572 $22,467 $61,105
2014 -- $81,936 $22,027 $59,909
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81484570

MLSListings

APN: 160-31-040

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