NOT LISTED FOR SALE

1265 Parkington Ave Sunnyvale, CA 94087

Sunnyvale Area
8 Beds
4 Baths
3,294 Sq Ft
9,026 Sq Ft Lot

Sale Details

Date Sold: March 20, 2020

Last sale price $2,370,000 $719 Per Sq Ft

3 Days on Market

Highlights

  • Wood Flooring
  • Garden View
  • Double Pane Windows
  • Cherry Chase Elementary School Rated A-
  • Granite Countertops
  • Laundry Room

About This Home

As of March 2020

Nice building with new paint and fresh landscaping. Located in a great area with easy to rent units. Close to shopping, bus routes & HI 85 yet these units enjoy a quiet spot with a neighborhood feel. Set back on a large lot shows pride of ownership in these buildings. Carport and off-street parking is a bonus. Cherry Chase Elem school/ Homestead High makes this a great rental area. Each unit has its own washer and dryer, dishwasher and tile kitchen. all 2 bed 1 bath units. with hardwood floors and tile in baths/kitchen.

Last Agent to Sell the Property

Dottie Monroe

Christie's International Real Estate Sereno License #00594704 Listed on: 02/16/2020

Christie's International Real Estate Sereno

Last Buyer's Agent

Xiaozhu Kang

Compass License #01999507

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • 1952

Lot Details

  • 9,026 Sq Ft Lot
  • Fenced
  • Level Lot
  • Sprinklers on Timer
  • Drought Tolerant Landscaping
  • Grass Covered Lot

Home Design

  • Quadruplex
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 3,294 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Garden Views
  • Crawl Space

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Laundry

  • Laundry Room
  • Washer and Dryer

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces
  • On-Street Parking
  • Off-Site Parking

Utilities

  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $117,690

Community Details

Overview

Building Details

  • 4 Leased Units
  • Gardener Expense $1,200
  • Insurance Expense $2,229
  • Maintenance Expense $5,671
  • Other Expense $312
  • Utility Expense $132
  • Trash Expense $3,380
  • Operating Expense $28,283
  • Gross Income $117,690

Property Details

Home Type

Multi-Family

Year Built

1952

Lot Details

9,026 Sq Ft Lot

Listing Details

  • Zoning: R3
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3294
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1952

Interior Features

  • Kitchen: Cooktop - Electric, Cooktop - Gas, Countertop - Granite, Dishwasher, Garbage Disposal, Microwave
  • Living Sq Ft: 3294
  • Stories: 2
  • Laundry: Washer / Dryer
  • Flooring: Hardwood, Tile
  • Additional Rooms: Laundry Room

Exterior Features

  • Foundation: Crawl Space
  • Roof: Composition
  • View: Garden / Greenbelt
  • Yard/Grounds: Drought Tolerant Plants, Fenced, Low Maintenance, Sprinklers - Auto, Sprinklers - Lawn
  • Construction Type: Concrete, Wood Frame

Garage/Parking

  • Parking Spaces: 4
  • Garage Parking Features: Carport, Covered Parking, Off-Site Parking, On Street
  • Carport Min: 4

Utilities

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

Schools

  • High School: 258

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.2072
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9024.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 9024.00

Green Features

  • Energy Features: Double Pane Windows

Rental Info

  • Existing Lease Term(s): Lease Agreement - Written, Less Than 1 Yr, Security Deposit
  • Gross Rent Multiplier: 19.08
  • Number Of Leased: 4

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 2229
  • Expense Landscape: 1200
  • Expense Maintenance: 5671
  • Expenses Other: 312
  • Expenses Total: 28283
  • Expenses Utility: 132
  • Expense Trash: 3380
  • Income Annual Gross: 117690.00
  • Income Annual Rental: 117690
  • Income Gross Scheduled: 117690
  • Income Includes: Rents
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Other Taxes, Fee - Property Tax
  • Tenant Expenses: Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Utilities - Water

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

Listed on
Feb 16, 2020
Closed on
Mar 16, 2020
Sold by
Bought by
Seller's Agent
Dottie Monroe
Christie's International Real Estate Sereno
Buyer's Agent
Xiaozhu Kang
Compass
List Price
$2,245,000
Sold Price
$2,370,000
Premium/Discount to List
$125,000
5.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,659,000
Interest Rate
0.034%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 2008
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
$801,950
Interest Rate
0.0599%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 18, 2002
Sold by
Bought by

Purchase Details

Closed on
Mar 22, 1999
Sold by
Bought by
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
$2,370,000 Old Republic Title Company
$1,100,000 Chicago Title Co
-- --
-- --
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 $1,659,000
Previous Owner $801,950
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
03/20/2020 03/20/20 Sold $2,370,000 +5.6% $719 / Sq Ft
02/20/2020 02/20/20 Pending -- -- --
02/16/2020 02/16/20 For Sale $2,245,000 -- $682 / 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
2025 $29,602 $2,591,938 $1,968,561 $623,377
2024 $29,602 $2,541,116 $1,929,962 $611,154
2023 $29,332 $2,491,291 $1,892,120 $599,171
2022 $28,853 $2,442,443 $1,855,020 $587,423
2021 $28,583 $2,394,553 $1,818,648 $575,905
2020 $15,863 $1,321,140 $840,727 $480,413
2019 $15,507 $1,295,237 $824,243 $470,994
2018 $15,213 $1,269,841 $808,082 $461,759
2017 $15,017 $1,244,943 $792,238 $452,705
2016 $14,440 $1,220,533 $776,704 $443,829
2015 $14,525 $1,202,201 $765,038 $437,163
2014 -- $1,178,652 $750,052 $428,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81782880

MLSListings

APN: 198-15-008

Your Personal Tour Guide

Ask me questions while you tour the home.