NOT LISTED FOR SALE

1203 Phyllis Ave Mountain View, CA 94040

5 Beds
3 Baths
2,380 Sq Ft
8,289 Sq Ft Lot

Last Sold May 20, 2022

Last sale price $2,250,000 $945 Per Sq Ft

12 Days on Market

Highlights

  • Wood Flooring
  • Balcony
  • Walk-In Closet
  • Benjamin Bubb Elementary School Rated A
  • 2 Car Detached Garage
  • Tile Countertops

About This Home

As of May 2022

Extremely well-maintained duplex in outstanding location. Milgard dual paned windows. Copper plumbing. Metal shingle roof. EV charger in garage. Seismic retrofit in 2011. Hardwood floors. Spacious units with well-laid out floorplans. Strong in-place rents. Large rear yard. Very clean inspection reports. Feeds strong schools. Walking distance to Nob Hill, Ranch 99, schools, parks, Stevens Creek Trail, Downtown Mountain View, restaurants & shops. Convenient to El Camino Real, CalTrain, Highways 85, 101 & 237 and major area employers.

Last Agent to Sell the Property

Justin Bautista

Newmark Cornish & Carey License #01268331 Listed on: 03/31/2022

Last Buyer's Agent

Justin Bautista

Newmark Cornish & Carey License #01268331 Listed on: 03/31/2022

Property Details

Home Type

  • Multi-Family

Year Built

  • 1963

Lot Details

  • 8,289 Sq Ft Lot
  • Fenced
  • Sprinklers on Timer
  • Drought Tolerant Landscaping
  • Back Yard

Parking

  • 2 Car Detached Garage
  • Uncovered Parking
  • Off-Street Parking

Home Design

  • Duplex
  • Wood Frame Construction
  • Ceiling Insulation
  • Metal Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Walk-In Closet
  • 2,380 Sq Ft Home
  • 1-Story Property

Kitchen

  • Built-In Oven
  • Electric Oven
  • Electric Cooktop
  • Range Hood
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Tile
  • Vinyl

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Balcony
  • Shed
  • Barbecue Area

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Vented Exhaust Fan
  • Separate Meters
  • 220 Volts
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $78,540

Community Details

Overview

Building Details

  • 2 Leased Units
  • Gardener Expense $1,200
  • Insurance Expense $1,000
  • Maintenance Expense $1,000
  • Operating Expense $29,515
  • Gross Income $78,540

Property Details

Home Type

Multi-Family

Year Built

1963

Lot Details

0

Parking

2

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Style: Ranch
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2380
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1963

Interior Features

  • Kitchen: 220 Volt Outlet, Cooktop - Electric, Countertop - Tile, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Oven - Built-In, Oven - Electric, Refrigerator
  • Living Sq Ft: 2380
  • Stories: 1
  • Laundry: Washer / Dryer
  • Flooring: Hardwood, Tile, Vinyl / Linoleum
  • Additional Rooms: Laundry Room

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Metal
  • Yard/Grounds: Back Yard, Balcony / Patio, Bbq Area, Drought Tolerant Plants, Fenced, Sprinklers - Auto, Storage Shed / Structure
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Detached Garage, Off-Street Parking, Uncovered Parking

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Walk-In Closet

Lot Info

  • Lot Acres: 0.1903
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8288.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8288.00

Green Features

  • Energy Features: Ceiling Insulation

Rental Info

  • Existing Lease Term(s): Less Than 1 Yr
  • Gross Rent Multiplier: 27.99
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 1000
  • Expense Landscape: 1200
  • Expense Maintenance: 1000
  • Expenses Total: 29515
  • Income Annual Gross: 78540.00
  • Income Annual Rental: 78540
  • Income Gross Scheduled: 78540
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance - Repair, Services - Gardener
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Utilities - Water

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
05/20/2022 05/20/22 Sold $2,250,000 +2.4% $945 / Sq Ft
04/13/2022 04/13/22 Pending -- -- --
03/31/2022 03/31/22 For Sale $2,198,000 -- $924 / 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 $27,424 $2,387,718 $2,122,416 $265,302
2024 $27,424 $2,340,900 $2,080,800 $260,100
2023 $27,143 $2,295,000 $2,040,000 $255,000
2022 $1,746 $119,902 $39,159 $80,743
2021 $1,707 $117,552 $38,392 $79,160
2020 $1,707 $116,348 $37,999 $78,349
2019 $1,647 $114,067 $37,254 $76,813
2018 $1,643 $111,831 $36,524 $75,307
2017 $1,586 $109,639 $35,808 $73,831
2016 $1,478 $107,490 $35,106 $72,384
2015 $1,441 $105,876 $34,579 $71,297
2014 $1,430 $103,803 $33,902 $69,901
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Justin Bautista

    Newmark Cornish & Carey

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Map

Source: MLSListings

MLS Number: ML81884797

MLSListings

APN: 193-12-006

California Santa Clara County Mountain View 94040

1203 Phyllis Ave, Mountain View, CA

Not Listed for Sale

MultiFamily

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