NOT LISTED FOR SALE

1488 Falcon Ct Sunnyvale, CA 94087

5 Beds
3 Baths
1,834 Sq Ft
7,231 Sq Ft Lot Lot

Sale Details

Date Sold: March 10, 2017

Last sale price $1,705,000 $930 Per Sq Ft

8 Days on Market

Highlights

  • 2 Car Attached Garage
  • Tile Countertops
  • Carpet
  • Louis E. Stocklmeir Elementary School Rated A-
  • Forced Air Heating System
  • 1-Story Property

About This Home

As of March 2017

RARE OPPORTUNITY TO PURCHASE A DUPLEX IN PRIME BIRDLAND LOCATION. SURROUNDED BY SINGLE FAMILY HOME NEIGHBORHOOD, ACCLAIMED CUPERTINO SCHOOLS. NEAR APPLES NEW SPACESHIP CAMPUS. RANCH STYLE, SINGLE LEVEL, SPACIOUS 3/2 AND 2/1 WITH 1 CAR ATTACHED GARAGES. BOTH UNITS HAVE YARDS. TENANT OCCUPIED, DO NOT DISTURB, LIMITED SHOWING TIMES , COME DURING SPECIAL OPEN HOUSE HOURS ONLY FROM 10am TO 12noon ON THURSDAY 2/9 AND 11am-1pm SATURDAY 2/11. CURRENT TENANTS ARE ON MONTH TO MONTH.

Last Agent to Sell the Property

Shilpa Merchant

Compass License #01112533 Listed on: 02/06/2017

Compass

Last Buyer's Agent

Minoti Merchant

Compass License #01977488

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • 1962

Lot Details

  • 7,231 Sq Ft Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Duplex
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,834 Sq Ft Home
  • 1-Story Property
  • Washer and Dryer Hookup

Kitchen

  • Electric Cooktop
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl

Utilities

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

Listing and Financial Details

  • Total Actual Rent $55,800

Community Details

Overview

Building Details

  • 2 Leased Units
  • Insurance Expense $1,500
  • Operating Expense $5,900
  • Gross Income $55,242

Property Details

Home Type

Multi-Family

Year Built

1962

Lot Details

7,231 Sq Ft Lot

Parking

2

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Style: Ranch
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1834
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1962

Interior Features

  • Kitchen: Cooktop - Electric, Countertop - Tile, Dishwasher, Exhaust Fan, Garbage Disposal, Refrigerator
  • Living Sq Ft: 1834
  • Stories: 1
  • Laundry: Hookups Only
  • Flooring: Carpet, Vinyl / Linoleum

Exterior Features

  • Foundation: Post And Pier
  • Roof: Composition
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage

Utilities

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

Schools

  • High School: 257

Lot Info

  • Lot Description: Regular
  • Lot Acres: 0.1660
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7250.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7250.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 26.85
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Natural Gas
  • Expense Insurance: 1500
  • Expenses Total: 5900
  • Income Annual Gross: 55242.00
  • Income Annual Rental: 55800
  • Income Gross Scheduled: 55800
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Loan - Mortgage, Services - Sewer
  • Tenant Expenses: Services - Gardener/Landscaping, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Utilities - Water
  • Vacancy Factor: 1
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Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2017 03/10/17 Sold $1,705,000 +13.8% $930 / Sq Ft
02/15/2017 02/15/17 Pending -- -- --
02/06/2017 02/06/17 For Sale $1,498,000 -- $817 / 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 $22,485 $1,978,794 $1,769,892 $208,902
2024 $22,485 $1,939,995 $1,735,189 $204,806
2023 $22,318 $1,901,957 $1,701,166 $200,791
2022 $22,098 $1,864,664 $1,667,810 $196,854
2021 $21,892 $1,828,103 $1,635,108 $192,995
2020 $21,642 $1,809,359 $1,618,342 $191,017
2019 $21,159 $1,773,882 $1,586,610 $187,272
2018 $20,668 $1,739,100 $1,555,500 $183,600
2017 $4,543 $345,127 $103,528 $241,599
2016 $4,402 $338,361 $101,499 $236,862
2015 $4,379 $333,280 $99,975 $233,305
2014 $4,279 $326,752 $98,017 $228,735
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81637981

MLSListings

APN: 309-14-004

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