NOT LISTED FOR SALE
8 Beds
-- Bath
3,776 Sq Ft
6,534 Sq Ft Lot

Last Sold January 15, 2014

Last sale price $1,825,000 $483 Per Sq Ft

92 Days on Market

Highlights

  • Wood Flooring
  • Balcony
  • 4-minute walk to Castro Park
  • Isaac Newton Graham Middle School Rated A-

About This Home

As of January 2014

High end apartment property with over $150,000 invested in a full interior and exterior renovation. Large 2-bedroom units with IN-UNIT WASHER/DRYERS. New roof / paint / driveway / plumbing / updated electrical. Excellent location in Mt. View with close proximity to employers and new developments. Across the street from Castro Park and Elementary School. Feeds into LAHS!

Last Agent to Sell the Property

Bryan Danforth

Cassidy Turley Northern California, Inc. License #01789680 Listed on: 09/11/2013

Cassidy Turley Northern California, Inc.

Last Buyer's Agent

Arlene Chui

Coldwell Banker Realty License #01215019

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1950

Lot Details

  • 6,534

Home Design

  • Quadruplex
  • Ceiling Insulation
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,776 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Tile

Parking

  • Carport
  • Uncovered Parking

Outdoor Features

  • Balcony

Utilities

  • Wall Furnace
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $101,820
  • The owner pays for electric, garbage, services - gardener/landscaping, water

Community Details

Overview

  • 3,776 Sq Ft Building

Building Details

  • Gardener Expense $1,200
  • Insurance Expense $1,269
  • Maintenance Expense $2,000
  • Other Expense $255
  • Utility Expense $103
  • Operating Expense $30,253
  • Gross Income $101,665

Property Details

Home Type

Multi-Family

Year Built

1950

Lot Details

0

Listing Details

  • Zoning: R3-25
  • Subclass: Fourplex
  • Inspections Reports: Flood Zone
  • Sale Price Per Sq Ft: 483.32
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 4
  • Min Numberof Unitsin Complex: 4
  • Structure Sq Ft: 3776
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1950

Interior Features

  • Kitchen: Dishwasher, Oven Range, Refrigerator
  • Living Sq Ft: 3776
  • Stories: 2
  • Laundry: Washer/Dryer - All Units, Laundry Area - In All Units
  • Flooring: Tile, Laminate, Carpet - Wall To Wall, Hardwood, Carpet

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Yard/Grounds: Balcony / Patio

Garage/Parking

  • Garage Parking Features: Spaces Per Unit - 1, Uncovered Parking, Carport

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Storage Locker

Schools

  • High School: 265

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6534.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 6534.00
  • Lot Size Area Min Search: 6534.00
  • Maximum Lot Size: 6534.00

Green Features

  • Energy Features: Ceiling Insulation

Rental Info

  • Existing Lease Term(s): 1 Year Lease
  • Gross Rent Multiplier: 16.24

Multi Family

  • Expense Insurance: 1269
  • Expense Landscape: 1200
  • Expense Maintenance: 2000
  • Expenses Other: 255
  • Expenses Total: 30253
  • Expenses Utility: 103
  • Expense Water Sewer: 6077
  • Income Annual Gross: 101665.00
  • Income Annual Rental: 101820
  • Income Gross Scheduled: 103740
  • Income Includes: Lease
  • Income Other: 1920
  • Maximum Building Height: 2
  • Meters: Separate Electric, Separate Gas, Master Water
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Utilities - Electric, Services - Trash Removal, Services - Gardener, Utilities - Water, Insurance, Maintenance - Repair, Fee - Property Tax, Supplies, Vacancy Factor
  • Owner Pays: Electric, Garbage, Services - Gardener/Landscaping, Water
  • Tenant Expenses: Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Utilities - Electric
  • Vacancy Amount: 2075
  • Vacancy Factor: 2

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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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
01/15/2014 01/15/14 Sold $1,825,000 +8.3% $483 / Sq Ft
12/12/2013 12/12/13 Pending -- -- --
09/11/2013 09/11/13 For Sale $1,685,000 -- $446 / 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 $25,729 $2,237,189 $1,471,029 $766,160
2024 $25,729 $2,193,324 $1,442,186 $751,138
2023 $25,466 $2,150,318 $1,413,908 $736,410
2022 $25,399 $2,108,156 $1,386,185 $721,971
2021 $24,776 $2,066,820 $1,359,005 $707,815
2020 $24,811 $2,045,629 $1,345,071 $700,558
2019 $23,757 $2,005,520 $1,318,698 $686,822
2018 $23,493 $1,966,197 $1,292,842 $673,355
2017 $22,513 $1,927,645 $1,267,493 $660,152
2016 $21,928 $1,889,849 $1,242,641 $647,208
2015 $21,294 $1,861,463 $1,223,976 $637,487
2014 $9,092 $773,595 $512,315 $261,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81341846

MLSListings

APN: 154-35-017