NOT LISTED FOR SALE
4 Beds
2 Baths
1,760 Sq Ft
7,318 Sq Ft Lot

Sale Details

Date Sold: November 20, 2015

Last sale price $1,672,125 $950 Per Sq Ft

10 Days on Market

Highlights

  • Wood Flooring
  • Granite Countertops
  • 2 Car Attached Garage
  • Springer Elementary School Rated A+
  • Enclosed Parking
  • Forced Air Heating System

About This Home

As of November 2015

Prime location and prime investment! Walk to top Los Altos schools: Springer-Blach-Mtn View High; easy to coffee groceries bus Caltrain Castro St shops/restaurants, and downtown Los Altos! Live in one or attract excellent tenants w/beautifully remodeled w/granite kitchen new stainless appliances hardwood floors new interior/exterior paint double pane windows! Light/bright w/skylights and lots of windows, large backyard with deck, planter boxes and room to play! Each unit has 1 car garage and lots of privacy

Last Agent to Sell the Property

Eric Fischer-Colbrie

Intero Real Estate Services License #00922040 Listed on: 09/24/2015

Intero Real Estate Services

Last Buyer's Agent

John Sieling

KW Bay Area Living License #00898568

Property Details

Home Type

  • Multi-Family

Year Built

  • 1957

Lot Details

  • 7,318 Sq Ft Lot

Parking

  • 2 Car Attached Garage
  • Enclosed Parking

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,760 Sq Ft Home
  • 1-Story Property
  • Skylights in Kitchen
  • Wood Flooring
  • Washer and Dryer Hookup

Kitchen

  • Gas Oven
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $72,300

Community Details

Overview

  • 1,760 Sq Ft Building

Building Details

  • 1 Leased Unit
  • Gardener Expense $1,200
  • Insurance Expense $2,500
  • Utility Expense $300
  • Trash Expense $1,000
  • Operating Expense $26,000
  • Gross Income $70,131

Property Details

Home Type

Multi-Family

Year Built

1957

Lot Details

7,318 Sq Ft Lot

Parking

2

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Style: Ranch
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1760
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1957

Interior Features

  • Kitchen: Countertop - Granite, Dishwasher, Garbage Disposal, Microwave, Oven - Gas, Oven Range - Built-In, Gas, Skylight, Varies By Unit
  • Living Sq Ft: 1760
  • Stories: 1
  • Laundry: Hookups Only
  • Flooring: Hardwood

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition, Shingle

Garage/Parking

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

Utilities

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

Schools

  • High School: 266

Lot Info

  • Lot Acres: 0.1680
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7322.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7322.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 24.20
  • Number Of Leased: 1

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 2500
  • Expense Landscape: 1200
  • Expenses Total: 26000
  • Expenses Utility: 300
  • Expense Trash: 1000
  • Income Annual Gross: 70131.00
  • Income Annual Rental: 72300
  • Income Gross Scheduled: 72300
  • Income Includes: Lease
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 2
  • Operating Expenses Include: Services - Gardener, Services - Sewer, Services - Trash Removal, Vacancy Factor
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Water
  • Vacancy Factor: 3

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 17, 2021
Sold by
Bought by

Purchase Details

Listed on
Sep 24, 2015
Closed on
Oct 8, 2015
Sold by
Bought by
Seller's Agent
Eric Fischer-Colbrie
Intero Real Estate Services
Buyer's Agent
John Sieling
KW Bay Area Living
List Price
$1,750,000
Sold Price
$1,672,125
Premium/Discount to List
-$77,875
-4.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,003,275
Interest Rate
0.0371%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 13, 2008
Sold by
Bought by

Purchase Details

Closed on
Apr 25, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,700
Interest Rate
0.0614%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Dec 23, 1993
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$1,672,500 Chicago Title Company
-- None Available
$927,000 First American Title Company
-- American Title Insurance Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $1,003,275
Previous Owner $160,000
Previous Owner $92,700
Previous Owner $741,600
Previous Owner $253,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/20/2015 11/20/15 Sold $1,672,125 -4.5% $950 / Sq Ft
10/05/2015 10/05/15 Pending -- -- --
09/24/2015 09/24/15 For Sale $1,750,000 -- $994 / Sq Ft
Source: MLSListings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $23,013 $1,979,449 $1,742,693 $236,756
2024 $23,013 $1,940,637 $1,708,523 $232,114
2023 $22,688 $1,902,586 $1,675,023 $227,563
2022 $22,512 $1,865,281 $1,642,180 $223,101
2021 $22,637 $1,828,708 $1,609,981 $218,727
2020 $22,819 $1,809,958 $1,593,473 $216,485
2019 $21,632 $1,774,470 $1,562,229 $212,241
2018 $21,401 $1,739,678 $1,531,598 $208,080
2017 $20,585 $1,705,567 $1,501,567 $204,000
2016 $20,091 $1,672,125 $1,472,125 $200,000
2015 $12,805 $1,033,389 $810,438 $222,951
2014 $12,667 $1,013,147 $794,563 $218,584
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81515988

MLSListings

APN: 189-23-006

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