NOT LISTED FOR SALE

Estimated Value: $2,466,000 - $2,896,250

4 Beds
4.5 Baths
2,015 Sq Ft
$1,322/Sq Ft Est. Value

Last Sold August 06, 2020

Last sale price $2,300,000 $1,141 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $16,922/month

118 Days on Market

Highlights

  • Open to Family Room
  • Dining Area
  • 5-minute walk to Rengstorff Park
  • Monta Loma Elementary School Rated A-

About This Home

As of August 2020

HUGE PRICE REDUCTION! $200K lower than original price. SELLERS ARE MOTIVATED TO SELL! This is a shovel ready project of 3 single family homes with approved building permits. Each permit is to build a main house and one ADU (Accessory Dwelling Unit) in the basement with separate entry and address. The main house has two levels above ground and basement with 3 BR and 3.5 BA and the ADU is in the basement and has one BR and one BA, own kitchen and laundry area. The main house is 1432 SF and ADU is 582 SF with total of 2015 SF. The building permit for all 3 lots are approved. The new addresses are as follow:Main house 123 Fair Oaks & attached ADU 125 Fair Oaks Main house 129 Fair Oaks & attached ADU 131 Fair Oaks Main House 135 Fair Oaks & Attached ADU 137 Fair Oaks. The property is located in a desirable location of Mountain View. It is close to highway 101, 237 and central express way, few blocks from downtown Mountain View and .3 miles walk to Rengstorff Park. You can bike to Google.

Last Agent to Sell the Property

Shahin Manavi

Alliance Bay Realty License #01375260 Listed on: 01/24/2020

Alliance Bay Realty

Last Buyer's Agent

Christopher Taylor

Triada Real Estate Group License #01763999

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,037

Year Built

  • 2020

Lot Details

  • 8,481 Sq Ft Lot

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,015 Sq Ft Home
  • Dining Area
  • Open to Family Room

Bedrooms and Bathrooms

  • 4 Bedrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,037

Year Built

2020

Lot Details

0

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 2015
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2020

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Dining Room: Dining Area
  • Living Sq Ft: 2015
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition

Garage/Parking

  • Garage Parking Features: Attached Garage

Utilities

  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Mountain View-Los Altos Union High

Lot Info

  • Lot Acres: 0.1947
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8481.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8481.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 29, 2022
Sold by
127 Fair Oaks Llc
Bought by
Rezvani Mohamad A and Rezvani Navid N
Current Estimated Value
$2,663,313

Purchase Details

Closed on
May 27, 2020
Sold by
Nava Holdings Llc
Bought by
127 Fair Oaks Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,370,000
Interest Rate
3.1%
Mortgage Type
Construction
Source: Public Records

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Range of Values:

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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
Rezvani Mohamad A $2,260,000 Old Republic Title
127 Fair Oaks Llc $2,300,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rezvani Sabah Nader $1,660,000
Previous Owner 127 Fair Oaks Llc $3,370,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2020 08/06/20 Sold $2,300,000 -7.9% $1,141 / Sq Ft
05/22/2020 05/22/20 Pending -- -- --
05/06/2020 05/06/20 Price Changed $2,498,000 -7.4% $1,240 / Sq Ft
03/27/2020 03/27/20 Price Changed $2,698,000 0.0% $1,339 / Sq Ft
02/27/2020 02/27/20 For Sale $2,699,000 +17.3% $1,339 / Sq Ft
02/18/2020 02/18/20 Off Market $2,300,000 -- --
01/24/2020 01/24/20 For Sale $2,699,000 -- $1,339 / 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 $25,037 $2,142,000 $1,530,000 $612,000
2023 $24,796 $2,100,000 $1,500,000 $600,000
2022 $15,076 $1,241,360 $782,000 $459,360
2021 $9,857 $806,917 $766,667 $40,250
2020 $8,043 $645,999 $645,999 $0
2019 $7,714 $633,333 $633,333 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81780136

MLSListings

APN: 148-38-166