NOT LISTED FOR SALE

15040 Montebello Rd Cupertino, CA 95014

Estimated Value: $2,285,721 - $3,813,000

3 Beds
3 Baths
2,574 Sq Ft
$1,261/Sq Ft Est. Value

Last Sold May 08, 2018

Last sale price $1,225,000 $476 Per Sq Ft

Est. 165% increase in value since last sale

Current estimated payment $18,413/month

139 Days on Market

Highlights

  • Bay View
  • 1 Fireplace
  • Water Treatment System
  • Blue Hills Elementary School Rated A-
  • 1 Car Detached Garage
  • 1-Story Property

About This Home

As of May 2018

Home is partially built, approximately 60%.*This is an opportunity to complete your dream home with custom finishes to your individual lifestyle and taste. Sweeping unobstructed views of Silicon Valley and city lights. Private and secluded location with top Cupertino Schools *Minutes to 280/85 and 25 minutes from Apple Computers *It will be difficult to get a traditional loan on a partially built home so the best chance is an All Cash offer. When you visit the property with an appointment, you should have your contractor and all decision makers present to avoid multiple showings.

Last Agent to Sell the Property

Dennis Lunder

Dennis A. Lunder, Broker License #00656586 Listed on: 12/07/2017

Last Buyer's Agent

Dennis Lunder

Dennis A. Lunder, Broker License #00656586 Listed on: 12/07/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,050

Year Built

  • Built in 1950

Lot Details

  • 1.69 Acre Lot
  • Zoning described as HS-D1

Parking

  • 1 Car Detached Garage

Property Views

  • Bay
  • City Lights
  • Canyon
  • Mountain

Home Design

  • Fixer Upper
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,574 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • No Floor Coverings

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Horse Facilities and Amenities

  • Horses Potentially Allowed on Property

Utilities

  • No Heating
  • Water Treatment System
  • Water Storage
  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 351-24-007

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,050

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Property Condition: Fixer Upper
  • Listing Class: Residential
  • Structure Sq Ft: 2574
  • Year Built: 1950
  • Zoning Description: HS-D1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Living Sq Ft: 2574
  • Stories: 1
  • Flooring: Unfinished
  • Fireplaces Min: 1
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • View: Bay, Canyon, City Lights, Mountains
  • Horse Property: Possible

Garage/Parking

  • Garage Spaces: 1
  • Garage Parking Features: Detached Garage

Utilities

  • Heating System: No Heating
  • Sewer/Septic System: Septic Connected, Septic Standard

Schools

  • High School: 260

Lot Info

  • Lot Description: Views
  • Parcel Number: 351-24-007
  • Lot Acres: 1.6866
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 73468.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 73468.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Fremont Union High
  • Elementary School Text: Stevens Creek Elementary
  • High School Text: Monta Vista High
  • Middle School Text: John F. Kennedy Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2017
Closed on
May 4, 2018
Sold by
Hayes Gayle L and Sherwod Mark R
Seller's Agent
Dennis Lunder
Dennis A. Lunder, Broker
Buyer's Agent
Dennis Lunder
Dennis A. Lunder, Broker
List Price
$1,398,000
Sold Price
$1,225,000
Premium/Discount to List
-$173,000
-12.37%
Current Estimated Value
$3,246,180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,021,180
Avg. Annual Appreciation
13.92%

Purchase Details

Closed on
Jan 4, 2001
Sold by
Gomes Gary E and Gomes Rosemary A
Bought by
Hayes Gayle L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
-- -- Old Republic Title Co
Hayes Gayle L -- Old Republic Title Co
Hayes Gayle L $1,425,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hayes Gayle L $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/08/2018 05/08/18 Sold $1,225,000 +2.3% $476 / Sq Ft
04/26/2018 04/26/18 Pending -- -- --
04/07/2018 04/07/18 Price Changed $1,198,000 -7.7% $465 / Sq Ft
02/27/2018 02/27/18 Price Changed $1,298,000 -7.2% $504 / Sq Ft
12/07/2017 12/07/17 For Sale $1,398,000 -- $543 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

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 $16,050 $1,393,838 $1,393,838 --
2024 $16,050 $1,366,508 $1,366,508 --
2023 $15,931 $1,339,714 $1,339,714 $0
2022 $15,842 $1,313,446 $1,313,446 $0
2021 $15,695 $1,287,693 $1,287,693 $0
2020 $15,519 $1,274,490 $1,274,490 $0
2019 $15,177 $1,249,500 $1,249,500 $0
2018 $15,155 $1,251,471 $1,125,669 $125,802
2017 $15,084 $1,226,934 $1,103,598 $123,336
2016 $14,620 $1,202,877 $1,081,959 $120,918
2015 $14,541 $1,184,809 $1,065,707 $119,102
2014 $14,187 $1,161,601 $1,044,832 $116,769
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81686554

MLSListings

APN: 351-24-007