NOT LISTED FOR SALE

1440 Miramonte Ave Mountain View, CA 94040

4 Beds
-- Bath
2,141 Sq Ft
7,405 Sq Ft Lot

Last Sold June 20, 2014

Last sale price $1,575,000 $736 Per Sq Ft

6 Days on Market

Highlights

  • Wood Flooring
  • Guest Parking
  • 1-Story Property
  • Benjamin Bubb Elementary School Rated A
  • Forced Air Heating System

About This Home

As of June 2014

Fantastic duplex in Cuesta Park. Great investment opportunity perfect for investor, extended family or live in one unit while generating rental income. Excellent floor plans-Miramonte side 2 bedroom/2 bath/2 car garage. Starr side 2 bedroom/1 bath/1 car garage with fully remodeled kitchen. Great rents, excellent schools, well maintained property. Hardwood floors in both units.

Last Agent to Sell the Property

Susan Kramer

Intero Real Estate Services License #01399140 Listed on: 05/15/2014

Intero Real Estate Services

Last Buyer's Agent

Soli Saatchi

Compass License #00925744

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • 1961

Lot Details

  • 7,405

Home Design

  • Duplex
  • Ceiling Insulation
  • Shake Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,141 Sq Ft Home
  • 1-Story Property
  • Laundry in Garage

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile
  • Vinyl

Parking

  • Garage
  • Private Parking
  • Garage Door Opener
  • Guest Parking
  • Off-Street Parking

Utilities

  • Forced Air Heating System
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $35,700

Community Details

Overview

  • 2,141 Sq Ft Building

Building Details

  • Insurance Expense $3,071
  • Manager Expense $2,142
  • Operating Expense $10,960
  • Gross Income $35,700

Property Details

Home Type

Multi-Family

Year Built

1961

Lot Details

0

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Age: 53
  • Inspections Reports: Geological/Flood, Pest Control, Property Inspection, Roof, Flood Zone
  • Sale Price Per Sq Ft: 735.64
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 2141
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1961

Interior Features

  • Kitchen: Dishwasher, Garbage Disposal, Oven Range, Refrigerator
  • Living Sq Ft: 2141
  • Stories: 1
  • Laundry: 220 Volt Outlet, Washer/Dryer - All Units, Washer/Dryer - Owned, Laundry Area - In All Units, In Garage
  • Flooring: Tile, Hardwood, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Shake
  • View: Local/Neighborhood

Garage/Parking

  • Garage Parking Features: Gate / Door Opener, Private / Exclusive, Guest / Visitor Parking, Spaces Per Unit - 1, Off-Street Parking

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Schools

  • School District: Mountain View-Los Altos Union High
  • Elementary School: Benjamin Bubb Elementary
  • Middle School: Isaac Newton Graham Middle
  • High School: Mountain View High
  • High School: 266
  • Elementary School: 161
  • Middle School: 163

Lot Info

  • Lot Location: Corner
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7500.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 7500.00
  • Lot Size Area Min Search: 7500.00
  • Maximum Lot Size: 7500.00

Green Features

  • Energy Features: Ceiling Insulation

Rental Info

  • Existing Lease Term(s): 1 Year Lease
  • Gross Rent Multiplier: 37.82

Multi Family

  • Expense Insurance: 3071
  • Expense Management: 2142
  • Expenses Total: 10960
  • Income Annual Gross: 35700.00
  • Income Annual Rental: 35700
  • Income Gross Scheduled: 35700
  • Income Includes: Lease
  • Maximum Building Height: 1
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Minimum Building Height: 1
  • Number Of Buildings: 1
  • Operating Expenses Include: Insurance, Maintenance - Repair, Fee - Property Management, Fee - Property Tax
  • Tenant Expenses: Utilities - Gas, Utilities - Water, Utilities - Heating, Utilities - Hot Water, Cable Tv, Utilities - Electric, Services - Trash Removal

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
06/20/2014 06/20/14 Sold $1,575,000 +16.7% $736 / Sq Ft
05/21/2014 05/21/14 Pending -- -- --
05/15/2014 05/15/14 For Sale $1,350,000 -- $631 / 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: ML81416873

MLSListings

APN: 189-04-115