NOT LISTED FOR SALE

1891 S Springer Rd Mountain View, CA 94040

Blossom Valley Neighborhood

Estimated Value: $3,244,000 - $4,044,000

4 Beds
3 Baths
2,172 Sq Ft
$1,694/Sq Ft Est. Value

Last Sold October 08, 2021

Last sale price $2,750,000 $1,266 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $22,521/month

16 Days on Market

Highlights

  • Art Studio
  • Wood Flooring
  • Skylights in Kitchen
  • Springer Elementary School Rated A+
  • 3 Car Detached Garage
  • Enclosed Patio or Porch

About This Home

As of October 2021

Rarely available duplex on the Los Altos border. Front unit has two beds, one bath, private back yard & one car garage. Back owner's unit has two beds, two baths including extra large primary bedroom with walk in closet & ensuite bath. Updated kitchen is open to dining & living area and features quartz counters with tile backsplash, stainless appliances & crisp white cabinets. Skylights add architectural interest & wonderful natural light. Inside laundry room with pantry space. Screened porch provides extra space for indoor/outdoor living. Beautifully refinished hardwood floors & freshly painted interior. Detached bonus room would make great office space or artist studio. Energy efficient dual pane windows in both units. Los Altos Schools! Conveniently located to schools, shopping & transportation routes, this property enjoys close proximity to both downtown Los Altos & downtown Mountain View. Great property for downsizing, extended family living or live in one & rent the other.

Last Agent to Sell the Property

Mary Cassidy

Cassidy Real Estate License #00875811 Listed on: 08/24/2021

Last Buyer's Agent

Xiangzhou Wang

Starriver Inc License #01363991

Starriver Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • 1960

Lot Details

  • 8,398 Sq Ft Lot
  • Fenced
  • Sprinklers on Timer
  • Back Yard

Parking

  • 3 Car Detached Garage
  • Garage Door Opener

Home Design

  • Duplex
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Walk-In Closet
  • 2,172 Sq Ft Home
  • 1-Story Property
  • Skylights in Kitchen
  • Double Pane Windows
  • Art Studio

Kitchen

  • Electric Oven
  • Dishwasher
  • Tile Countertops

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile
  • Vinyl

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $38,400

Community Details

Overview

Building Details

  • 1 Leased Unit
  • Gardener Expense $1,200
  • Insurance Expense $1,175
  • Maintenance Expense $1,000
  • Manager Expense $3,840
  • Utility Expense $3,130
  • Operating Expense $12,759
  • Gross Income $38,016

Property Details

Home Type

Multi-Family

Year Built

1960

Lot Details

0

Parking

3

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Style: Ranch
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2172
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1960

Interior Features

  • Kitchen: Countertop - Tile, Dishwasher, Oven Range - Electric, Refrigerator, Skylight
  • Living Sq Ft: 2172
  • Stories: 1
  • Laundry: Washer/Dryer - Some Units
  • Flooring: Carpet, Hardwood, Laminate, Tile, Vinyl / Linoleum
  • Additional Rooms: Artist Studio, Laundry Room

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition
  • Yard/Grounds: Back Yard, Fenced, Porch - Enclosed, Sprinklers - Auto
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 3
  • Parking Spaces: 3
  • Garage Parking Features: Detached Garage, Gate / Door Opener

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Skylight, Walk-In Closet

Lot Info

  • Lot Acres: 0.1928
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8400.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8400.00

Green Features

  • Energy Features: Double Pane Windows

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 69.66
  • Number Of Leased: 1

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 1175
  • Expense Landscape: 1200
  • Expense Maintenance: 1000
  • Expense Management: 3840
  • Expenses Total: 12759
  • Expenses Utility: 3130
  • Income Annual Gross: 38016.00
  • Income Annual Rental: 38400
  • Income Gross Scheduled: 38400
  • Income Includes: Rents
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Management, Fee - Property Tax, Services - Gardener, Services - Sewer, Services - Trash Removal, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 17, 2024
Sold by
Knoll Byron R and Knoll Yuehui
Bought by
Knoll Family Trust and Knoll
Current Estimated Value
$3,774,973

Purchase Details

Listed on
Aug 24, 2021
Closed on
Sep 24, 2021
Sold by
Cassidy Mary K and John D Cassidy Exemption Trust
Bought by
Knoll Byron and Knoll Yuehui
Seller's Agent
Mary Cassidy
Cassidy Real Estate
Buyer's Agent
Xiangzhou Wang
Starriver Inc
List Price
$2,800,000
Sold Price
$2,750,000
Premium/Discount to List
-$50,000
-1.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.12%
Original Mortgage
$2,062,500
Interest Rate
2.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 6, 2011
Sold by
Cassidy Eleanor F
Bought by
Cassidy Eleanor F
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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

Purchase History

Date Buyer Sale Price Title Company
Knoll Family Trust -- None Listed On Document
Knoll Byron $2,750,000 First American Title Company
Cassidy Eleanor F -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Knoll Byron $2,062,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/08/2021 10/08/21 Sold $2,750,000 +2.8% $1,266 / Sq Ft
09/09/2021 09/09/21 Pending -- -- --
09/07/2021 09/07/21 Price Changed $2,675,000 -4.5% $1,232 / Sq Ft
08/24/2021 08/24/21 For Sale $2,800,000 -- $1,289 / 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 $33,610 $2,957,321 $2,599,959 $357,362
2024 $33,610 $2,883,330 $2,548,980 $334,350
2023 $33,610 $2,805,000 $2,499,000 $306,000
2022 $32,739 $2,750,000 $2,450,000 $300,000
2021 $2,403 $122,890 $40,736 $82,154
2020 $2,414 $121,631 $40,319 $81,312
2019 $2,339 $119,247 $39,529 $79,718
2018 $2,335 $116,909 $38,754 $78,155
2017 $2,278 $114,618 $37,995 $76,623
2016 $2,203 $112,371 $37,250 $75,121
2015 $2,181 $110,684 $36,691 $73,993
2014 $2,167 $108,517 $35,973 $72,544
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Mary Cassidy

    Cassidy Real Estate

    Section Image

  • X

    Buyer's Agent in 2021

    Xiangzhou Wang

    Starriver Inc

    Section Image
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Map

Source: MLSListings

MLS Number: ML81848328

MLSListings

APN: 189-21-035

California Santa Clara County Mountain View 94024 Blossom Valley

1891 S Springer Rd, Mountain View, CA

Not Listed for Sale

MultiFamily

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