NOT LISTED FOR SALE

Estimated Value: $1,668,000 - $2,498,945

4 Beds
2 Baths
2,034 Sq Ft
$940/Sq Ft Est. Value

Last Sold February 09, 2021

Last sale price $1,588,000 $781 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $11,976/month

49 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Forced Air Heating System
  • Woodside High School Rated A
  • Granite Countertops
  • Washer and Dryer

About This Home

As of February 2021

Great opportunity to live in one unit and rent the other or rent out both units. Units offer privacy and private back yards. Both include many updates, great kitchens and baths and community spaces are enhanced by great natural light. Each unit has laundry ,a 1 car garage, driveway and plenty of street parking.Tucked away on a frontage road paralleling Woodside Rd. near Alameda you cant beat the location. Walkable to Woodside Plaza for all your needs , great location for commuting or heading to hiking and other recreation.

Last Agent to Sell the Property

Heather Hansen

Compass License #01059256 Listed on: 11/08/2020

Compass

Last Buyer's Agent

Zachary Trailer

Compass License #01371338

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,733

Year Built

  • 1952

Lot Details

  • 6,625 Sq Ft Lot
  • Fenced
  • Level Lot
  • Back Yard

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Slab Foundation
  • Wood Frame Construction
  • Wood Shingle Roof

Interior Spaces

  • 2,034 Sq Ft Home
  • 1-Story Property
  • Washer and Dryer

Kitchen

  • Gas Cooktop
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $74,000

Community Details

Overview

Building Details

  • 2 Leased Units
  • Gardener Expense $1,020
  • Insurance Expense $1,023
  • Operating Expense $19,798
  • Gross Income $74,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,733

Year Built

1952

Lot Details

0

Parking

2

Listing Details

  • Zoning: R20000
  • Subclass: Duplex
  • Style: Ranch
  • Age: 68
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2034
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1952

Interior Features

  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher
  • Living Sq Ft: 2034
  • Stories: 1
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Hardwood, Tile, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Wood Shakes / Shingles
  • Yard/Grounds: Back Yard, Deck, Fenced
  • Construction Type: Wood Frame

Garage/Parking

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

Utilities

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

Schools

  • School District: Sequoia Union High
  • Elementary School: Henry Ford Elementary
  • Middle School: John F. Kennedy Middle
  • High School: Woodside High
  • High School: 684
  • Elementary School: 639
  • Middle School: 646

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1521
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6625.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6625.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 22.95
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Gas Meters
  • Expense Insurance: 1023
  • Expense Landscape: 1020
  • Expenses Total: 19798
  • Income Annual Gross: 74000.00
  • Income Annual Rental: 74000
  • Income Gross Scheduled: 74000
  • Income Includes: Rents
  • Meters: Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance
  • Tenant Expenses: Utilities - Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2020
Closed on
Jan 26, 2021
Sold by
Lee Elvy and The Elvy Lee Revocable Trust
Bought by
Clay Robin J and Clay Stephanie D
Seller's Agent
Heather Hansen
Compass
Buyer's Agent
Zachary Trailer
Compass
List Price
$1,698,000
Sold Price
$1,588,000
Premium/Discount to List
-$110,000
-6.48%
Current Estimated Value
$1,911,486

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$323,486
Avg. Annual Appreciation
4.36%
Original Mortgage
$985,000
Outstanding Balance
$893,790
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$1,033,075

Purchase Details

Closed on
Feb 21, 2020
Sold by
Lee Elvy
Bought by
Lee Elvy and The Elvy Lee Revocable Trust

Purchase Details

Listed on
Jul 24, 2018
Closed on
Oct 1, 2018
Sold by
Kuo Joe
Bought by
Lee Elvy
Seller's Agent
Wendi Selig-Aimonetti
Coldwell Banker Realty
Buyer's Agent
Sam Anagnostou
Coldwell Banker Realty
List Price
$1,795,000
Sold Price
$1,600,000
Premium/Discount to List
-$195,000
-10.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.74%
Original Mortgage
$900,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 24, 2018
Closed on
Sep 17, 2018
Sold by
Bergeron Michael N and Bergeron Myrna M
Bought by
Lee Elvy
Seller's Agent
Wendi Selig-Aimonetti
Coldwell Banker Realty
Buyer's Agent
Sam Anagnostou
Coldwell Banker Realty
List Price
$1,795,000
Sold Price
$1,600,000
Premium/Discount to List
-$195,000
-10.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 2012
Sold by
Montana Teresa E
Bought by
Bergeron Michael N and Bergeron Myrna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,000
Interest Rate
3.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 23, 2011
Sold by
Montana Teresa E
Bought by
Montana Teresa E

Purchase Details

Closed on
Sep 13, 1995
Sold by
Pellizzari Paul J
Bought by
Montana Richard J and Montana Teresa E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,000
Interest Rate
6%
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
Clay Robin J $1,589,000 Chicago Title Company
Lee Elvy -- None Available
Lee Elvy -- Old Republic Title Co
Lee Elvy $1,600,000 Old Republic Title Co
Bergeron Michael N $710,000 First American Title Company
Montana Teresa E -- None Available
Montana Richard J $140,500 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clay Family Trust $360,000
Open Clay Robin J $985,000
Previous Owner Lee Elvy $895,233
Previous Owner Lee Elvy $900,000
Previous Owner Bergeron Michael N $355,000
Previous Owner Montana Richard J $258,600
Previous Owner Montana Richard J $40,000
Previous Owner Montana Richard J $281,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2021 02/09/21 Sold $1,588,000 -6.5% $781 / Sq Ft
12/28/2020 12/28/20 Pending -- -- --
11/08/2020 11/08/20 For Sale $1,698,000 +6.1% $835 / Sq Ft
10/04/2018 10/04/18 Sold $1,600,000 -5.9% $787 / Sq Ft
09/26/2018 09/26/18 Price Changed $1,699,900 0.0% $836 / Sq Ft
09/14/2018 09/14/18 Pending -- -- --
08/20/2018 08/20/18 Price Changed $1,699,900 -5.3% $836 / Sq Ft
07/24/2018 07/24/18 For Sale $1,795,000 -- $882 / 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 $18,733 $1,719,766 $1,136,553 $583,213
2023 $18,733 $1,652,987 $1,092,420 $560,567
2022 $17,581 $1,620,576 $1,071,000 $549,576
2021 $18,064 $1,648,906 $1,102,706 $546,200
2020 $17,821 $1,632,000 $1,091,400 $540,600
2019 $17,755 $1,600,000 $1,070,000 $530,000
2018 $8,534 $768,400 $384,200 $384,200
2017 $8,442 $753,334 $376,667 $376,667
2016 $8,298 $738,564 $369,282 $369,282
2015 $7,989 $727,472 $363,736 $363,736
2014 $7,837 $713,222 $356,611 $356,611
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81819530

MLSListings

APN: 069-202-210