NOT LISTED FOR SALE

Estimated Value: $1,847,000 - $2,697,423

0.19 Acre
$12,327,201 Price per Acre
8,481 Sq Ft Lot

Last Sold August 06, 2020

Last sale price $2,300,000

Est. 4% increase in value since last sale

Current estimated payment $15,371/month

4 Days on Market

Highlights

  • Fenced
  • Monta Loma Elementary School Rated A-
  • 5-minute walk to Rengstorff Park

About This Lot

As of August 2020

This is a shovel ready project 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. This property consists of 3 single family lots with approved building permits. Each permit 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 & APNs are as follow: 148-38-166 Addresses: Main house 123 Fair Oaks & attached ADU 125 Fair Oaks 148-38-167 Addresses: Main house 129 Fair Oaks & attached ADU 131 Fair Oaks 148-38-168 Addresses: Main House 135 Fair Oaks & Attached ADU 137 Fair Oaks

Last Listed By

Shahin Manavi

Alliance Bay Realty License #01375260 Listed on: 05/17/2020

Alliance Bay Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $24,779

Year Built

  • 2021

Lot Details

  • 8,481 Sq Ft Lot
  • Fenced

Utilities

  • Gas Available

Property Details

Property Type

Land

Est. Annual Taxes

$24,779

Year Built

2021

Lot Details

0

Listing Details

  • Zoning: R1
  • Subclass: Residential Lot
  • Listing Class: Residential Lots & Land
  • Present Use: Multi-Family, Residential
  • Development Status: Approved Building Plan, Have Building Permits
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2021

Exterior Features

  • Fencing: Fenced

Utilities

  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Mountain View-Los Altos Union High
  • Elementary School: Monta Loma Elementary
  • Middle School: Isaac Newton Graham Middle
  • High School: Los Altos High
  • High School: 265
  • Elementary School: 1084
  • Middle School: 163

Lot Info

  • Lot Description: Regular, Surveyed
  • 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
  • Parcel Access: City Street

Multi Family

  • Utilities: Electricity - On Site, Gas - On Site, Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 24, 2023
Sold by
Enamandram Murali and Enamandram Jayanthi
Bought by
Enamandram Living Trust and Enamandram
Total Days on Market
4
Current Estimated Value
$2,400,106

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

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Enamandram Living Trust -- None Listed On Document
127 Fair Oaks Llc $2,300,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
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 -8.0% --
05/22/2020 05/22/20 Pending -- -- --
05/17/2020 05/17/20 For Sale $2,499,000 -- --
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
2023 $24,779 $2,100,000 $1,600,000 $500,000
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: ML81792913

MLSListings

APN: 148-38-167