NOT LISTED FOR SALE

Estimated Value: $3,293,020

0.36 Acre
$9,198,380 Price per Acre
15,594 Sq Ft Lot

Last Sold April 18, 2017

Last sale price $2,400,000

Est. 37% increase in value since last sale

Current estimated payment $19,771/month

169 Days on Market

Highlights

  • 0.36 Acre Lot
  • Wood Fence
  • Level Lot
  • Louis E. Stocklmeir Elementary School Rated A-

About This Lot

As of April 2017

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

Carlos Azucena

Marcus & Millichap License #01738155 Listed on: 09/03/2016

Last Buyer's Agent

Carlos Azucena

Marcus & Millichap License #01738155 Listed on: 09/03/2016

Property Details

Property Type

  • Land

Lot Details

  • 0.36 Acre Lot
  • Wood Fence
  • Level Lot

Utilities

  • Gas Available

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Zoning: C1
  • Subclass: Comm. Land Retail
  • Listing Class: Commercial Lots & Land
  • Present Use: Retail
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: Wood

Utilities

  • Sewer/Septic System: Sewer Connected

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.3580
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 15609.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 15609.00
  • Parcel Access: Accessible

Multi Family

  • Utilities: Electricity - On Site, Gas - On Site

MLS Schools

  • High School District Text: Fremont Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 27, 2024
Sold by
Psr Development Inc
Bought by
Gawfco Enterprises Llc
Current Estimated Value
$3,293,020

Purchase Details

Closed on
Feb 16, 2017
Sold by
Ascend Investments Llc
Bought by
Psr Development Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
4.1%

Purchase Details

Closed on
May 11, 2015
Sold by
Garfel Corporation
Bought by
Ascend Investments Llc

Purchase Details

Closed on
Dec 6, 2007
Sold by
Felizardo Francisco and Felizardo Erlinda
Bought by
Garfel Corp
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
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
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Psr Development Inc $600,000
Source: Public Records

Property History

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 -- --
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 $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
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81612818

MLSListings

APN: 309-51-028