NOT LISTED FOR SALE
8 Beds
4 Baths
2,924 Sq Ft
7,275 Sq Ft Lot

Sale Details

Date Sold: March 12, 2015

Last sale price $1,480,000 $506 Per Sq Ft

5 Days on Market

Highlights

  • City Lights View
  • Contemporary Architecture
  • Shed
  • Isaac Newton Graham Middle School Rated A-
  • Ceramic Countertops
  • Coin Laundry

About This Home

As of March 2015

Silicon Valley - 4 unit residential that shares driveway and parking/storage structure with identical neighboring 1822 Higdon (also for sale, see MLS81451874). All units 2 bed, 1 bath, approx. 625 sq. ft. Up-side rent potential, near downtown Mountain View, Central Expressway & El Camino Real. No vacancy since 2012. Coin laundry (1 washer, 1 dryer convey). Tenants pay gas, electric; owner pays water, sewer, trash a& lawn care. 1818 Higdon (APN 154-02-014) & 1822 Higdon (APN 154-02-15) must sell together.

Last Agent to Sell the Property

John Souerbry

Cordon Real Estate License #01370983 Listed on: 02/23/2015

Last Buyer's Agent

Jeff Cole

Compass License #01875671

Compass
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Property Details

Home Type

  • Multi-Family

Year Built

  • 1962

Lot Details

  • 7,275 Sq Ft Lot
  • Paved or Partially Paved Lot
  • Level Lot

Home Design

  • Quadruplex
  • Contemporary Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,924 Sq Ft Home
  • 2-Story Property
  • City Lights Views
  • Fire and Smoke Detector
  • Washer and Dryer

Kitchen

  • Oven or Range
  • Electric Cooktop
  • Range Hood
  • Ceramic Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl

Parking

  • 3 Parking Spaces
  • 4 Carport Spaces

Outdoor Features

  • Shed

Utilities

  • Wall Furnace
  • Vented Exhaust Fan
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $57,420

Community Details

Overview

Amenities

  • Coin Laundry

Building Details

  • 4 Leased Units
  • Gross Income $55,119

Property Details

Home Type

Multi-Family

Year Built

1962

Lot Details

7,275 Sq Ft Lot

Listing Details

  • Zoning: R3-2*
  • Subclass: Fourplex
  • Style: Contemporary
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2924
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1962

Interior Features

  • Kitchen: Appliances - Vary By Unit, Cooktop - Electric, Countertop - Ceramic, Exhaust Fan, Garbage Disposal, Hood Over Range, Oven Range
  • Living Sq Ft: 2924
  • Stories: 2
  • Security: Fire Alarm
  • Laundry: Coin Operated, Washer / Dryer
  • Flooring: Carpet, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Shingle
  • View: City Lights
  • Yard/Grounds: Storage Shed / Structure
  • Construction Type: Wood Frame

Garage/Parking

  • Parking Spaces: 3
  • Garage Parking Features: Covered Parking
  • Carport Min: 4

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Description: Corners Marked - No, Grade - Level, Paved
  • Lot Acres: 0.1670
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7260.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7260.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 23.70
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Income Annual Gross: 55119.00
  • Income Annual Rental: 57420
  • Income Gross Scheduled: 58020
  • Income Includes: Laundry
  • Income Other: 600
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Management, Insurance, Maintenance - Laundry, Maintenance - Repair, Services - Gardener, Services - Sewer, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Hot Water, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating
  • Vacancy Factor: 5

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
Jul 21, 2021
Sold by
Bought by

Purchase Details

Listed on
Feb 23, 2015
Closed on
Mar 10, 2015
Sold by
Bought by
Seller's Agent
John Souerbry
Cordon Real Estate
Buyer's Agent
Jeff Cole
Compass
List Price
$2,750,000
Sold Price
$1,480,000
Premium/Discount to List
-$1,270,000
-46.18%

Purchase Details

Closed on
Oct 13, 2005
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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 Available
$1,480,000 First American Title Company
-- --
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
03/12/2015 03/12/15 Sold $1,480,000 -46.2% $506 / Sq Ft
02/28/2015 02/28/15 Pending -- -- --
02/23/2015 02/23/15 For Sale $2,750,000 -- $940 / 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
2026 $21,221 $1,814,306 $1,569,132 $245,174
2025 $20,526 $1,778,732 $1,538,365 $240,367
2024 $20,526 $1,743,855 $1,508,201 $235,654
2023 $20,316 $1,709,663 $1,478,629 $231,034
2022 $20,262 $1,820,000 $1,520,000 $300,000
2021 $19,766 $1,643,276 $1,421,213 $222,063
2020 $19,794 $1,626,428 $1,406,641 $219,787
2019 $18,956 $1,594,538 $1,379,060 $215,478
2018 $18,748 $1,563,273 $1,352,020 $211,253
2017 $17,969 $1,532,621 $1,325,510 $207,111
2016 $17,487 $1,502,570 $1,299,520 $203,050
2015 $9,895 $852,802 $479,701 $373,101
2014 $9,806 $836,098 $470,305 $365,793
Source: Public Records

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Map

Source: MLSListings

MLS Number: ML81451867

MLSListings

APN: 154-02-014

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