NOT LISTED FOR SALE

1950 Leghorn St Mountain View, CA 94043

Monta Loma Neighborhood

Estimated Value: $3,593,952 - $3,723,000

0.54 Acre
$6,817,883 Price per Acre
23,374 Sq Ft Lot

Last Sold October 25, 2022

Last sale price $3,350,000 $2,301 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $22,807/month

126 Days on Market

Highlights

  • Bridge View
  • 0.54 Acre Lot
  • Back and Front Yard Fenced
  • Monta Loma Elementary School Rated A-

About This Lot

As of October 2022

Value on massive half acre lot is just scratching the surface. This unique opportunity has present and future possibilities with tenant in place earning high monthly revenue. Current Zoning classification is MM40 Commercial / Light industrial with expired plans to build a Zoning change to housing 80+ low income residences may be possible however must confirm with City of Mountain View.

Last Agent to Sell the Property

Awne Elrabadi

eXp Realty of California Inc License #01480736 Listed on: 07/12/2021

eXp Realty of California Inc

Last Buyer's Agent

RECIP

Out of Area Office License #00000000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $40,926

Lot Details

  • 0.54 Acre Lot
  • Back and Front Yard Fenced
  • Wood Fence
  • Mostly Level
  • Potential for Re-Zoning

Property Views

  • Bridge
  • City Lights

Additional Features

  • Electricity Available at Street
  • Gas Available at Street

Property Details

Property Type

Land

Est. Annual Taxes

$40,926

Lot Details

0

Listing Details

  • Zoning: MM-40
  • Subclass: Other Commercial Land
  • Listing Class: Commercial Lots & Land
  • Present Use: Business/Professional, Highway/Tourist Service, Industrial - Light, Single Family
  • Development Status: Build To Suit, Have Building Plans, Site Plan, Unimproved Land
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Bridge, City Lights
  • Fencing: Fenced Back, Fenced Front, Wood

Utilities

  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Description: Grade - Mostly Level, Potential Re-Zone, Views
  • Lot Acres: 0.5366
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 23374.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 23374.00
  • Parcel Access: City Street, County Maintained Road, State Road

Multi Family

  • Utilities: Electricity - Available At Street, Gas - Available At Street, Public Utilities

MLS Schools

  • High School District Text: Mountain View-Los Altos Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2021
Closed on
Oct 13, 2022
Sold by
Lmtnv Llc
Bought by
Lifemoves
Seller's Agent
Awne Elrabadi
eXp Realty of California Inc
Buyer's Agent
RECIP
Out of Area Office
List Price
$3,499,999
Sold Price
$3,350,000
Premium/Discount to List
-$149,999
-4.29%
Current Estimated Value
$3,658,476

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$308,476
Avg. Annual Appreciation
3.02%

Purchase Details

Listed on
Apr 24, 2013
Closed on
Jun 6, 2013
Sold by
Biland Eric
Bought by
Lmtnv Llc
Seller's Agent
Jeffrey Kockos
Jeffrey Realtors
Buyer's Agent
Dennis W Liu
Happy Real Estate Inc
List Price
$799,000
Sold Price
$775,000
Premium/Discount to List
-$24,000
-3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.87%

Purchase Details

Closed on
Apr 29, 1994
Sold by
Mclean Denise Lynn
Bought by
Biland Eric
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
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
Lifemoves $3,350,000 Chicago Title Company
Lmtnv Llc $775,000 Old Republic Title Company
Biland Eric -- First American Title Guarant
Biland Eric -- First American Title Guarant
Welch Kevin F -- First American Title Guarant
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/25/2022 10/25/22 Sold $3,350,000 -4.3% $2,301 / Sq Ft
11/16/2021 11/16/21 Pending -- -- --
07/12/2021 07/12/21 For Sale $3,499,999 +351.6% $2,404 / Sq Ft
06/07/2013 06/07/13 Sold $775,000 -3.0% $532 / Sq Ft View Prior Sale
05/08/2013 05/08/13 Pending -- -- --
04/24/2013 04/24/13 For Sale $799,000 -- $549 / 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 $40,926 $3,485,340 $3,485,340 --
2024 $40,926 $3,417,000 $3,417,000 --
2023 $40,389 $3,350,000 $3,350,000 $0
2022 $11,219 $899,308 $899,308 $0
2021 $10,957 $881,675 $881,675 $0
2020 $11,242 $872,635 $872,635 $0
2019 $10,764 $855,525 $855,525 $0
2018 $10,707 $838,750 $838,750 $0
2017 $10,233 $822,304 $822,304 $0
2016 $10,321 $806,181 $806,181 $0
2015 $10,073 $794,072 $794,072 $0
2014 $9,963 $778,518 $778,518 $0
Source: Public Records

Agents Affiliated with this Home

  • Awne Elrabadi

    Seller's Agent in 2022

    Awne Elrabadi

    eXp Realty of California Inc

    (408) 393-1717

    1 in this area

    77 Total Sales

    Awne Elrabadi
    Section Image

  • R

    Buyer's Agent in 2022

    RECIP

    Out of Area Office

  • Jeffrey Kockos

    Seller's Agent in 2013

    Jeffrey Kockos

    Jeffrey Realtors

    (650) 430-8587

    9 Total Sales

    Jeffrey Kockos
    Section Image
  • Dennis W Liu

    Buyer's Agent in 2013

    Dennis W Liu

    Happy Real Estate Inc

    (408) 307-1418

    Dennis W Liu
    Section Image
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Map

Source: MLSListings

MLS Number: ML81853208

MLSListings

APN: 153-01-013

California Santa Clara County Mountain View 94043 Monta Loma

1950 Leghorn St, Mountain View, CA

This home is located at 1950 Leghorn St, Mountain View, CA 94043 since 12 July 2021 and is currently estimated at $3,658,476, approximately $2,512 per square foot. 1950 Leghorn St is a home located in Santa Clara County with nearby schools including Monta Loma Elementary School, Crittenden Middle School, and Los Altos High School.

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