NOT LISTED FOR SALE

140 Mercy St Mountain View, CA 94041

4 Beds
3 Baths
2,128 Sq Ft
6,726 Sq Ft Lot

Last Sold August 31, 2018

Last sale price $2,600,000 $1,222 Per Sq Ft

5 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Forced Air Heating System
  • Edith Landels Elementary School Rated A
  • Skylights
  • 1-Story Property

About This Home

As of August 2018

This pristine duplex in Old Mt View is a must see! The idealic location, just 1/2 block from the Steven's Creek Trail, .6 miles to downtown & .8 mi to the transit station is sure to WOW your clients. The back unit has been extensively remodeled. It offers 2 bedrooms and 2 baths. Its many features include beautiful hardwood floors, gorgeous modern kitchen, dual pane windows, spa-like bathrooms, sizable bedrooms, private garage, private laundry room, plenty of storage and a large back yard with drought resistant landscaping and fruit trees. The front unit has been meticulously maintained. It offers 2 large bedrooms and 1 bath. Its features include beautiful hardwood floors, large eat-in kitchen w/ loads of cabinets & counter space, quant side yard off the kitchen, 6 spacious interior closets for storage, newer vanity in the bathroom, private garage, driveway parking, private laundry room. The units share a spacious courtyard. Fantastic tenants would love to remain, if its an option.

Last Agent to Sell the Property

Lucinda Layton

Coldwell Banker Realty License #01413738 Listed on: 08/09/2018

Coldwell Banker Realty

Last Buyer's Agent

Vivi Chan

Coldwell Banker Realty License #00964958

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1962

Lot Details

  • 6,726 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 2,128 Sq Ft Home
  • 1-Story Property
  • Skylights
  • Crawl Space

Flooring

  • Wood
  • Tile
  • Vinyl

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System

Listing and Financial Details

  • Total Actual Rent $78,000

Community Details

Overview

Building Details

  • 2 Leased Units
  • Gardener Expense $960
  • Insurance Expense $1,200
  • Maintenance Expense $1,000
  • Operating Expense $4,800
  • Gross Income $78,000

Property Details

Home Type

Multi-Family

Year Built

1962

Lot Details

0

Parking

2

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Age: 56
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2128
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1962

Interior Features

  • Living Sq Ft: 2128
  • Stories: 1
  • Flooring: Hardwood, Tile, Vinyl / Linoleum

Exterior Features

  • Foundation: Crawl Space
  • Roof: Composition
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Detached Garage

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Forced Air
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Skylight

Schools

  • School District: Mountain View-Los Altos Union High
  • Elementary School: Edith Landels Elementary
  • Middle School: Isaac Newton Graham Middle
  • High School: Mountain View High
  • High School: 266
  • Elementary School: 166
  • Middle School: 163

Lot Info

  • Lot Acres: 0.1544
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6727.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6727.00

Rental Info

  • Existing Lease Term(s): Lease Agreement - Written
  • Gross Rent Multiplier: 26.91
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1200
  • Expense Landscape: 960
  • Expense Maintenance: 1000
  • Expenses Total: 4800
  • Income Annual Gross: 78000.00
  • Income Annual Rental: 78000
  • Income Gross Scheduled: 78000
  • Income Includes: Rents
  • Meters: Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance, Maintenance - Repair
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Water

Range of Values:

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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 Change Sq Ft Price
08/31/2018 08/31/18 Sold $2,600,000 +23.9% $1,222 / Sq Ft
08/15/2018 08/15/18 Pending -- -- --
08/09/2018 08/09/18 For Sale $2,098,888 -- $986 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81718246

MLSListings

APN: 158-31-019