NOT LISTED FOR SALE

1481 Falcon Ct Sunnyvale, CA 94087

5 Beds
3 Baths
2,101 Sq Ft
6,199 Sq Ft Lot

Sale Details

Date Sold: November 22, 2017

Last sale price $1,750,000 $833 Per Sq Ft

22 Days on Market

Highlights

  • Mountain View
  • Traditional Architecture
  • Granite Countertops
  • Louis E. Stocklmeir Elementary School Rated A-
  • Attic
  • 2 Car Attached Garage

About This Home

As of November 2017

Terrific opportunity to purchase investment property near both the legacy, and the new, Apple campuses. Within easy walking distance to desirable Stocklmeier Elementary school and Ortega Park. 2-story duplex with a 3br/1.5ba unit on one side, and a 2br/1ba unit on the other. Many improvements include: new roof installed in 2016, newer water heaters in both units and newer furnace in the 3br unit. The 2br/1ba unit features a newer kitchen (2016), newer flooring (2016), and bathroom updates. Corresponding public schools: Stocklmeier Elementary, Cupertino Middle, Fremont High (buyer to verify attendance availability with school district). Ideal property for extended family living, or for long-term investment.

Last Agent to Sell the Property

Dominique Van Ryckeghem

Compass License #01707012 Listed on: 09/23/2017

Compass

Last Buyer's Agent

George Saghafian

Realty One Group Infinity License #01432785

Property Details

Home Type

  • Multi-Family

Year Built

  • 1962

Lot Details

  • 6,199 Sq Ft Lot
  • Level Lot
  • Sprinkler System
  • Back Yard

Parking

  • 2 Car Attached Garage
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Duplex
  • Traditional Architecture
  • Wood Frame Construction
  • Ceiling Insulation
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,101 Sq Ft Home
  • 2-Story Property
  • Mountain Views
  • Crawl Space
  • Washer and Dryer
  • Attic

Kitchen

  • Built-In Oven
  • Electric Oven
  • Electric Cooktop
  • Granite Countertops
  • Tile Countertops

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Utilities

  • Forced Air Heating System
  • Wall Furnace
  • Vented Exhaust Fan
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $44,940

Community Details

Overview

Building Details

  • 2 Leased Units
  • Gardener Expense $880
  • Insurance Expense $1,309
  • Maintenance Expense $5,898
  • Manager Expense $4,494
  • Other Expense $2,140
  • Operating Expense $16,253
  • Gross Income $44,940

Property Details

Home Type

Multi-Family

Year Built

1962

Lot Details

6,199 Sq Ft Lot

Parking

2

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Style: Traditional
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2101
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1962

Interior Features

  • Kitchen: Appliances - Vary By Unit, Cooktop - Electric, Countertop - Granite, Countertop - Tile, Exhaust Fan, Oven - Electric, Oven Range - Built-In, Oven Range - Electric
  • Living Sq Ft: 2101
  • Stories: 2
  • Laundry: Washer / Dryer, Washer/Dryer - Some Units
  • Flooring: Carpet, Laminate, Tile, Vinyl / Linoleum
  • Additional Rooms: Attic

Exterior Features

  • Foundation: Concrete Perimeter And Slab, Crawl Space
  • Roof: Composition
  • View: Mountains
  • Yard/Grounds: Back Yard, Sprinklers - Lawn
  • Construction Type: Wood, Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage, Off-Street Parking, On Street

Utilities

  • Heating System: Central Forced Air - Gas, Wall Furnace
  • Sewer/Septic System: Sewer Connected

Schools

  • High School: 257

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1423
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6200.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6200.00

Green Features

  • Energy Features: Ceiling Insulation

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 37.56
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Natural Gas
  • Expense Insurance: 1309
  • Expense Landscape: 880
  • Expense Maintenance: 5898
  • Expense Management: 4494
  • Expenses Other: 2140
  • Expenses Total: 16253
  • Income Annual Gross: 44940.00
  • Income Annual Rental: 44940
  • Income Gross Scheduled: 44940
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Loan - Interest Only Payment, Maintenance - Repair, Miscellaneous/Other
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Utilities - Water
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Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2017 11/22/17 Sold $1,750,000 +3.7% $833 / Sq Ft
10/16/2017 10/16/17 Pending -- -- --
09/23/2017 09/23/17 For Sale $1,688,000 -- $803 / Sq Ft
Source: MLSListings

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 $22,706 $1,991,197 $1,763,634 $227,563
2024 $22,706 $1,952,154 $1,729,053 $223,101
2023 $22,538 $1,913,877 $1,695,150 $218,727
2022 $22,315 $1,876,351 $1,661,912 $214,439
2021 $22,109 $1,839,561 $1,629,326 $210,235
2020 $21,857 $1,820,700 $1,612,620 $208,080
2019 $21,371 $1,785,000 $1,581,000 $204,000
2018 $20,877 $1,750,000 $1,550,000 $200,000
2017 $1,585 $95,504 $30,827 $64,677
2016 $1,536 $93,632 $30,223 $63,409
2015 $1,528 $92,227 $29,770 $62,457
2014 $1,500 $90,421 $29,187 $61,234
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81679158

MLSListings

APN: 309-14-001

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