NOT LISTED FOR SALE

148 Mercy St Unit AB Mountain View, CA 94041

4 Beds
3 Baths
2,128 Sq Ft
6,482 Sq Ft Lot

Sale Details

Date Sold: May 30, 2025

Last sale price $2,340,000 $1,100 Per Sq Ft

5 Days on Market

Highlights

  • Deck
  • Tile Countertops
  • Forced Air Heating and Cooling System
  • Edith Landels Elementary School Rated A-
  • Tile Flooring
  • Washer and Dryer

About This Home

As of May 2025

Beautiful duplex in Old Mountain View that is great as a home or income property - or both! 3 beds and 2 baths in rear unit and 1 bed and 1 bath in front. Owners lived in rear unit for decades and did many gorgous upgrades, and the front unit is spacious and light-filled. Single garages and separate laundry/utility rooms for each unit. Month to month tenants in rear unit and front unit is vacant. Could also work as a beautiful home with a 1 bedroom junior ADU for family and guests. Close to Landels Elementary, Stevens Creek Trail, Mountain View City Center and the wonderful shopping & dining on Castro Street. Great neighborhood and easy access to commute routes, Caltrain and light rail. A wonderful opportunity with lots of options!

Last Agent to Sell the Property

Ray Hogue

Compass License #01980343 Listed on: 05/02/2025

Compass

Last Buyer's Agent

Mikayla Cree

Legacy Real Estate & Assoc. License #02236676

Legacy Real Estate & Assoc.

Property Details

Home Type

  • Multi-Family

Year Built

  • 1962

Lot Details

  • 6,482 Sq Ft Lot
  • Fenced
  • Sprinklers on Timer
  • Back Yard

Parking

  • 2 Car Garage
  • Off-Street Parking

Home Design

  • Duplex
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,128 Sq Ft Home
  • 1-Story Property
  • Washer and Dryer

Kitchen

  • Built-In Oven
  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan

Listing and Financial Details

  • Total Actual Rent $89,340

Community Details

Overview

Building Details

  • 1 Leased Unit
  • Gardener Expense $1,800
  • Insurance Expense $2,000
  • Maintenance Expense $1,000
  • Operating Expense $30,300
  • Gross Income $89,340

Property Details

Home Type

Multi-Family

Year Built

1962

Lot Details

6,482 Sq Ft Lot

Parking

2

Listing Details

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

Interior Features

  • Kitchen: Cooktop - Electric, Cooktop - Gas, Countertop - Synthetic, Countertop - Tile, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Oven - Built-In, Oven Range
  • Living Sq Ft: 2128
  • Stories: 1
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Tile

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition
  • Yard/Grounds: Back Yard, Deck, Fenced, Sprinklers - Auto
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Off-Street Parking

Utilities

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

Schools

  • High School: 266

Lot Info

  • Lot Acres: 0.1488
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6480.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6480.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 24.35
  • Number Of Leased: 1

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 2000
  • Expense Landscape: 1800
  • Expense Maintenance: 1000
  • Expenses Total: 30300
  • Income Annual Gross: 89340.00
  • Income Annual Rental: 89340
  • Income Gross Scheduled: 89340
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, 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
May 2, 2025
Closed on
May 26, 2025
Sold by
Bought by
Seller's Agent
Ray Hogue
Compass
Buyer's Agent
Mikayla Cree
Legacy Real Estate & Assoc.
List Price
$2,175,000
Sold Price
$2,340,000
Premium/Discount to List
$165,000
7.59%
Views
10

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
0.053%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 26, 2003
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
$502,900
Interest Rate
0.0537%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$2,340,000 First American Title
$337,000 Alliance Title Company
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
Closed $1,500,000
Closed $235,000
Closed $417,000
Closed $411,955
Closed $150,000
Closed $144,000
Closed $502,900
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
05/30/2025 05/30/25 Sold $2,340,000 +7.6% $1,100 / Sq Ft
05/08/2025 05/08/25 Pending -- -- --
05/02/2025 05/02/25 For Sale $2,175,000 -- $1,022 / 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 $9,907 $814,759 $475,637 $339,122
2024 $9,573 $798,784 $466,311 $332,473
2023 $9,476 $783,122 $457,168 $325,954
2022 $9,449 $767,767 $448,204 $319,563
2021 $9,220 $752,714 $439,416 $313,298
2020 $9,232 $744,997 $434,911 $310,086
2019 $8,848 $730,390 $426,384 $304,006
2018 $8,759 $716,070 $418,024 $298,046
2017 $8,401 $702,030 $409,828 $292,202
2016 $8,138 $688,266 $401,793 $286,473
2015 $7,906 $677,928 $395,758 $282,170
2014 $7,835 $664,649 $388,006 $276,643
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML82005286

MLSListings

APN: 158-31-020

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