Seller's Agent in 2017
Carlos Azucena
Marcus & Millichap
(650) 391-1700
35 Total Sales
Estimated Value: $3,293,020
Incredible opportunity to own in one of the best locations in all of the Bay Area. 1689 S Wolfe is situated across the street from the new Apple Campus 2, "The Spaceship". Located in two of the premier school districts in the state and near amenities such as Main St. Cupertino, Vallco and the newly expanded Cupertino Village. Near the corner of Wolfe and Homestead Rd with daily traffic counts exceeding 50,000. Potential for redevelopment or to reposition the existing improvements. Site zoned C-1 allowing for a multitude of uses. Property has a clean phase 1 report. SELLER WILL BUY THE TENANTS OUT OF THEIR EXISTING LEASE AT NO COST TO BUYER.
Last Agent to Sell the Property
Marcus & Millichap License #01738155 Listed on: 09/03/2016
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gawfco Enterprises Llc | $3,200,000 | First American Title | |
| Psr Development Inc | $2,400,000 | First American Title Ins Co | |
| Ascend Investments Llc | $1,900,000 | Orange Coast Title Company | |
| Garfel Corp | -- | None Available |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Psr Development Inc | $600,000 |
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/18/2017 04/18/17 | Sold | $2,400,000 | -14.2% | -- |
| 02/20/2017 02/20/17 | Pending | -- | -- | -- |
| 09/03/2016 09/03/16 | For Sale | $2,798,000 | -- | -- |
| 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 | $31,843 | $3,200,000 | $3,122,000 | $78,000 |
| 2024 | $31,843 | $2,730,786 | $2,645,451 | $85,335 |
| 2023 | $31,606 | $2,677,242 | $2,593,580 | $83,662 |
| 2022 | $31,201 | $2,624,748 | $2,542,726 | $82,022 |
| 2021 | $30,907 | $2,573,283 | $2,492,869 | $80,414 |
| 2020 | $30,552 | $2,546,898 | $2,467,308 | $79,590 |
| 2019 | $29,873 | $2,496,960 | $2,418,930 | $78,030 |
| 2018 | $29,178 | $2,448,000 | $2,371,500 | $76,500 |
| 2017 | $23,917 | $1,967,553 | $1,128,754 | $838,799 |
| 2016 | $23,180 | $1,928,974 | $1,106,622 | $822,352 |
| 2015 | $10,539 | $841,916 | $541,758 | $300,158 |
| 2014 | -- | $825,425 | $531,146 | $294,279 |
Seller's Agent in 2017
Carlos Azucena
Marcus & Millichap
(650) 391-1700
35 Total Sales
Source: MLSListings
MLS Number: ML81612818
APN: 309-51-028