NOT LISTED FOR SALE

1822 Higdon Ave Mountain View, CA 94041

Mountain View West Neighborhood
8 Beds
4 Baths
2,924 Sq Ft
7,318 Sq Ft Lot

Last 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 shares driveway and parking/storage structure with identical adjacent building (sold together, see MLS 81451867). All units 2 bed, 1 bath, approx. 625 sq. ft. Up-side rent potential, near downtown Mountain View, Central Expressway and El Camino Real. Coin laundry (1 washer, 1 dryer that convey). Tenants pay gas, electric; owner pays water, sewer, trash and lawn care. No vacancy since 2012. 1818 Higdon (APN 154-02-014) & 1822 Higdon (APN 154-02-15) must be sold 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

Property Details

Home Type

  • Multi-Family

Year Built

  • 1962

Lot Details

  • 7,318 Sq Ft Lot
  • Level Lot
  • Irrigation

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

Kitchen

  • Electric Oven
  • Range Hood
  • Ceramic Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl

Parking

  • 3 Parking Spaces
  • 1 Carport Space

Outdoor Features

  • Shed

Utilities

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

Listing and Financial Details

  • Total Actual Rent $58,320

Community Details

Overview

Amenities

  • Coin Laundry

Building Details

  • 4 Leased Units
  • Gross Income $55,974

Property Details

Home Type

Multi-Family

Year Built

1962

Lot Details

0

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, Countertop - Ceramic, Exhaust Fan, Garbage Disposal, Hood Over Range, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 2924
  • Stories: 2
  • Security: Fire Alarm
  • Laundry: Coin Operated
  • 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: 1

Utilities

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

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1680
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7320.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7320.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 23.34
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Income Annual Gross: 55974.00
  • Income Annual Rental: 58320
  • Income Gross Scheduled: 58920
  • Income Includes: Coin Operated Equip, Laundry, Rents
  • Income Other: 600
  • Meters: Master Electric, Separate Common Area, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Insurance, Maintenance, Maintenance - Laundry, Maintenance - Repair, Services - Gardener, Services - Sewer, Utilities - Electric, Utilities - Gas, Utilities - Hot Water, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating
  • Vacancy Factor: 5

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
03/12/2015 03/12/15 Sold $1,480,000 +7.6% $506 / Sq Ft
02/28/2015 02/28/15 Pending -- -- --
02/23/2015 02/23/15 For Sale $1,375,000 -- $470 / 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 $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 $1,676,141 $1,449,637 $226,504
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

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    John Souerbry

    Cordon Real Estate

    Section Image

  • J

    Buyer's Agent in 2015

    Jeff Cole

    Compass

    Section Image
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Map

Source: MLSListings

MLS Number: ML81451874

MLSListings

APN: 154-02-015

California Santa Clara County Mountain View 94041 Mountain View West

1822 Higdon Ave, Mountain View, CA

Not Listed for Sale

MultiFamily

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