NOT LISTED FOR SALE
8 Beds
4 Baths
2,924 Sq Ft
7,318 Sq Ft Lot 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 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

7,318 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, 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
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 +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

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 $21,221 $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

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Map

Source: MLSListings

MLS Number: ML81451874

MLSListings

APN: 154-02-015

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