NOT LISTED FOR SALE

1340 Montecito Ave Unit A Mountain View, CA 94043

Rex Manor Neighborhood

Estimated Value: $1,231,000 - $1,456,000

2 Beds
2 Baths
1,189 Sq Ft
3,703 Sq Ft Lot

Last Sold April 07, 2015

Last sale price $1,050,000 $883 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $8,280/month

7 Days on Market

Highlights

  • Balcony
  • 1 Car Detached Garage
  • Tile Countertops
  • Theuerkauf Elementary School Rated A-
  • Eat-In Kitchen
  • 3-minute walk to Stevenson Park

About This Home

As of April 2015

One of a kind beautiful condo in a 4 unit complex. Looks and feels like a house, only 1 common wall, all one level. Spacious living room with recessed lights. Kitchen opens to dining area overlooking exceptionally large back yard and private patio, hard to believe this is a condo! One car detached garage + lots of storage! Centrally located close to Downtown Castro Street, Caltrain, Light Rail, Farmer's Market, Shoreline Park, 101, 85, Safeway and local Elementary School + close to high tech companies!

Last Agent to Sell the Property

Margaret Barton

Mansell & Company, Inc. License #01164338 Listed on: 03/04/2015

Mansell & Company, Inc.

Last Buyer's Agent

Christina Woo

Intero Real Estate Services License #01943010

Intero Real Estate Services

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,918

Year Built

  • Built in 1974

Lot Details

  • Sprinkler System
  • Back Yard Fenced

Parking

  • 1 Car Detached Garage
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,189 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Dining Room
  • Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Balcony
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 150-43-002

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include exterior painting, fencing, insurance, maintenance - common area, maintenance - exterior
  • 4 Units
  • Montecito Condominium Assn. Association

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,918

Year Built

Built in 1974

Lot Details

0

Parking

1

Listing Details

  • Subclass: Condominium
  • Restrictions: Pets - Allowed
  • Age: 41
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 4
  • Structure Sq Ft: 1189
  • Year Built: 1974
  • Zoning Description: R3-15
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Dining Room: Eat in Kitchen, No Formal Dining Room
  • Kitchen: Countertop - Tile, Dishwasher, Garbage Disposal, Oven - Electric, Pantry Cabinet, Refrigerator
  • Living Sq Ft: 1189
  • Stories: 1
  • Laundry: Washer / Dryer
  • Flooring: Laminate, Vinyl / Linoleum
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced, Sprinklers - Lawn
  • Fencing: Fenced Back

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Detached Garage, Off-Street Parking, On Street

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 200
  • Association Fees Include: Exterior Painting, Fencing, Insurance, Maintenance - Common Area, Maintenance - Exterior
  • H O A Name Text: Montecito Condominium Assn.
  • H O A Exist: Yes

Schools

  • School District: Mountain View-Los Altos Union High
  • Elementary School: Theuerkauf Elementary
  • Middle School: Crittenden Middle
  • High School: Los Altos High
  • High School: 265
  • Elementary School: 1085
  • Middle School: 1083

Lot Info

  • Parcel Number: 150-43-002
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3700.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 3700.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Mountain View-Los Altos Union High
  • Elementary School Text: Theuerkauf Elementary
  • High School Text: Los Altos High
  • Middle School Text: Crittenden Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2015
Closed on
Mar 31, 2015
Sold by
Wertman Teresa
Bought by
Huang Joseph D
Seller's Agent
Margaret Barton
Mansell & Company, Inc.
Buyer's Agent
Christina Woo
Intero Real Estate Services
List Price
$775,000
Sold Price
$1,050,000
Premium/Discount to List
$275,000
35.48%
Current Estimated Value
$1,331,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$281,283
Avg. Annual Appreciation
2.28%
Original Mortgage
$625,500
Outstanding Balance
$454,090
Interest Rate
2.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$877,193

Purchase Details

Closed on
May 24, 2006
Sold by
Wertman Joyce Elayna
Bought by
Wertman Teresa

Purchase Details

Closed on
Jun 21, 2001
Sold by
Howorth John D and Howorth Andrea L
Bought by
Wertman Charles and Wertman Joyce Elayna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,750
Interest Rate
7.24%

Purchase Details

Closed on
Jun 23, 1999
Sold by
Chang Steven K and Julie Mak
Bought by
Howorth Jonn D and Howorth Andrea L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,600
Interest Rate
6.87%

Purchase Details

Closed on
Nov 19, 1995
Sold by
Plouse Kevin W and Plouse Lynn M
Bought by
Chang Steven K and Mak Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,600
Interest Rate
7.42%
Source: Public Records

Range of Values:

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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
Huang Joseph D $1,050,000 Fidelity National Title Co
Wertman Teresa -- None Available
Wertman Charles $405,000 Old Republic Title Company
Howorth Jonn D $324,500 First American Title Guarant
Chang Steven K $199,500 First American Title Guarant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huang Joseph D $625,500
Previous Owner Wertman Charles $303,750
Previous Owner Howorth Jonn D $259,600
Previous Owner Chang Steven K $159,600
Closed Howorth Jonn D $32,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/07/2015 04/07/15 Sold $1,050,000 +35.5% $883 / Sq Ft
03/11/2015 03/11/15 Pending -- -- --
03/04/2015 03/04/15 For Sale $775,000 -- $652 / 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 $14,918 $1,261,934 $630,967 $630,967
2024 $14,918 $1,237,192 $618,596 $618,596
2023 $14,722 $1,212,934 $606,467 $606,467
2022 $14,680 $1,189,152 $594,576 $594,576
2021 $14,335 $1,165,836 $582,918 $582,918
2020 $14,250 $1,153,882 $576,941 $576,941
2019 $13,620 $1,131,258 $565,629 $565,629
2018 $13,493 $1,109,078 $554,539 $554,539
2017 $12,879 $1,087,332 $543,666 $543,666
2016 $12,532 $1,066,012 $533,006 $533,006
2015 $5,852 $497,501 $422,836 $74,665
2014 $5,782 $487,757 $414,554 $73,203
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81453565

MLSListings

APN: 150-43-002