NOT LISTED FOR SALE
7 Beds
4 Baths
3,000 Sq Ft
7,710 Sq Ft Lot

Sale Details

Date Sold: April 28, 2016

Last sale price $1,750,000 $583 Per Sq Ft

10 Days on Market

Highlights

  • Granite Countertops
  • Walk-In Closet
  • Tile Flooring
  • Sunnyvale Middle School Rated A-
  • Laundry Room
  • Ceiling Fan

About This Home

As of April 2016

Well located Sunnyvale fourplex with attractive curb appeal! Excellent Unit Mix: (3) 2 bedroom,1 bath (1) 1 bedroom,1 bath Desirable floorplans, features include: dual pane windows and walk-in closets (1 in each unit). Kitchens equipped with refrigerator, free standing oven/stove, stainless steel sink, garbage disposal & dishwashers (2 bedrooms only). Granite countertops and new kitchen cabinets in 3 units (Unit #1 & 2 installed 2012, Unit #4 installed 2013). 4 storage lockers in carport & low maintenance landscaping. Two story building with a pitched composition shingle roof & attached carport parking. New Water Heater 2016. Highly sought after location w/ easy access to Cherry Chase Shopping Center (Safeway), Palo Alto Medical Clinic, Highways 237, 85, 101 & 280, Downtown Mountain View, Downtown Sunnyvale, CalTrain and Light Rail Stations, Washington Park/Swim Center, Major Silicon Valley employment centers & El Camino Real, which has many retail conveniences. Square ft. approx.only.

Last Agent to Sell the Property

Keith Suddjian

Cornish & Carey Commercial License #00673961 Listed on: 03/28/2016

Co-Listed By

Michelle Clark

Cornish & Carey Commercial License #01918902

Last Buyer's Agent

Angela Bergman

Intero Real Estate Services License #01722597

Intero Real Estate Services
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Property Details

Home Type

  • Multi-Family

Year Built

  • 1964

Lot Details

  • 7,710 Sq Ft Lot

Home Design

  • Quadruplex
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Walk-In Closet
  • 3,000 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Laundry Room

Kitchen

  • Electric Oven
  • Range Hood
  • Dishwasher
  • Granite Countertops
  • Formica Countertops
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Parking

  • 2 Parking Spaces
  • 4 Carport Spaces
  • Uncovered Parking

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $101,568
  • Month-to-Month Lease Term

Community Details

Overview

Amenities

  • Coin Laundry

Building Details

  • 4 Leased Units
  • Gardener Expense $1,410
  • Insurance Expense $990
  • Maintenance Expense $2,630
  • Other Expense $1,717
  • Utility Expense $5,549
  • Operating Expense $29,077
  • Gross Income $100,643

Property Details

Home Type

Multi-Family

Year Built

1964

Lot Details

7,710 Sq Ft Lot

Listing Details

  • Zoning: R3
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3000
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1964

Interior Features

  • Kitchen: Countertop - Formica, Countertop - Granite, Dishwasher, Garbage Disposal, Hood Over Range, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 3000
  • Stories: 2
  • Laundry: Coin Operated
  • Flooring: Carpet, Tile, Vinyl / Linoleum
  • Additional Rooms: Laundry Room

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Spaces: 2
  • Garage Parking Features: Carport, Uncovered Parking
  • Carport Min: 4

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Walk-In Closet

Schools

  • High School: 258

Lot Info

  • Lot Acres: 0.1770
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7701.41
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7701.41

Rental Info

  • Existing Lease Term(s): 1 Year Lease, Month To Month, More Than 1 Yr
  • Gross Rent Multiplier: 13.31
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 990
  • Expense Landscape: 1410
  • Expense Maintenance: 2630
  • Expenses Other: 1717
  • Expenses Total: 29077
  • Expenses Utility: 5549
  • Income Annual Gross: 100643.00
  • Income Annual Rental: 101568
  • Income Gross Scheduled: 104836
  • Income Includes: Laundry, Rents
  • Income Other: 3268
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Professional Services, Fee - Property Tax, Insurance, Maintenance, Reserve Fund, Services - Gardener, Services - Sewer, Services - Trash Removal, Supplies, Utilities - Electric, Utilities - Gas, Utilities - Hot Water, Utilities - Water, Vacancy Factor
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 4

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 2, 2017
Sold by
Bought by

Purchase Details

Closed on
Feb 23, 2017
Sold by
Bought by

Purchase Details

Listed on
Mar 28, 2016
Closed on
Apr 22, 2016
Sold by
Bought by
Seller's Agent
Keith Suddjian
Cornish & Carey Commercial
Buyer's Agent
Angela Bergman
Intero Real Estate Services
List Price
$1,395,000
Sold Price
$1,750,000
Premium/Discount to List
$355,000
25.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,202,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 2014
Sold by
Bought by

Purchase Details

Closed on
Mar 13, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$637,000
Interest Rate
6.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 2006
Sold by
Bought by

Purchase Details

Closed on
Sep 15, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$787,058
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 28, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$655,484
Interest Rate
6.98%
Mortgage Type
Unknown
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
$1,750,000 First American Title Company
$1,750,000 First American Title Company
-- None Available
$910,000 First American Title Ins Co
$787,059 First American Title Ins Co
$740,000 First American Title Company
-- --
-- First American Title Guarant
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,130,000
Previous Owner $1,202,000
Previous Owner $540,000
Previous Owner $637,000
Previous Owner $787,058
Previous Owner $655,484
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/28/2016 04/28/16 Sold $1,750,000 +25.4% $583 / Sq Ft
04/08/2016 04/08/16 Pending -- -- --
03/28/2016 03/28/16 For Sale $1,395,000 -- $465 / Sq Ft
Source: MLSListings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $24,586 $2,113,071 $1,690,460 $422,611
2025 $23,699 $2,071,639 $1,657,314 $414,325
2024 $23,699 $2,031,019 $1,624,818 $406,201
2023 $23,483 $1,991,196 $1,592,959 $398,237
2022 $23,108 $1,952,154 $1,561,725 $390,429
2021 $22,891 $1,913,877 $1,531,103 $382,774
2020 $22,602 $1,894,254 $1,515,404 $378,850
2019 $22,093 $1,857,113 $1,485,691 $371,422
2018 $21,652 $1,820,700 $1,456,560 $364,140
2017 $21,373 $1,785,000 $1,428,000 $357,000
2016 $12,203 $1,029,908 $792,238 $237,670
2015 $12,274 $1,014,438 $780,338 $234,100
2014 $11,172 $922,000 $709,200 $212,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81577296

MLSListings

APN: 161-30-029

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