NOT LISTED FOR SALE

242 Paul Ave Mountain View, CA 94041

4 Beds
2 Baths
1,574 Sq Ft
5,571 Sq Ft Lot

Last Sold January 23, 2024

Last sale price $1,875,000 $1,191 Per Sq Ft

5 Days on Market

Highlights

  • 2 Car Attached Garage
  • Forced Air Heating System
  • 1-Story Property
  • Edith Landels Elementary School Rated A-
  • Level Lot
  • 5-minute walk to Mercy-Bush Park

About This Home

As of January 2024

Wonderful opportunity to be close to downtown Castro Street and in the heart of Silicon Valley! Lovely duplex with nice curb appeal in a quiet location. The front yard has been nicely landscaped with a grand porch. Each unit is a 2BR, 1BA and a 1 car attached garage with washer and dryer. Featuring hardwood flooring .Enjoy all that Downtown Mountain View has to offer: Farmer's Market, fabulous restaurants, The Center for Performing Arts, CalTrain and easy access to major commuter routes & tech campuses. I unit is vacant and the other unit is month to month. Do not disturb tenant

Last Agent to Sell the Property

Wendi Selig-Aimonetti

Coldwell Banker Realty License #01001476 Listed on: 12/21/2023

Coldwell Banker Realty

Last Buyer's Agent

Wendi Selig-Aimonetti

Coldwell Banker Realty License #01001476 Listed on: 12/21/2023

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1950

Lot Details

  • 5,571 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Attached Garage

Home Design

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

Interior Spaces

  • 1,574 Sq Ft Home
  • 1-Story Property

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Total Actual Rent $79,200

Community Details

Overview

Building Details

  • 1 Leased Unit
  • Gross Income $79,200

Property Details

Home Type

Multi-Family

Year Built

1950

Lot Details

0

Parking

2

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Style: Ranch
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1574
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1950

Interior Features

  • Living Sq Ft: 1574
  • Stories: 1

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage

Utilities

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

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1279
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5573.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5573.00

Rental Info

  • Existing Lease Term(s): Less Than 1 Yr, Month To Month
  • Gross Rent Multiplier: 23.98
  • Number Of Leased: 1

Multi Family

  • Utilities: Public Utilities
  • Income Annual Gross: 79200.00
  • Income Annual Rental: 79200
  • Income Gross Scheduled: 79200
  • Meters: Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Management, Fee - Property Tax, Services - Gardener, Services - Trash Removal, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas

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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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
01/23/2024 01/23/24 Sold $1,875,000 -1.3% $1,191 / Sq Ft
12/27/2023 12/27/23 Pending -- -- --
12/21/2023 12/21/23 For Sale $1,899,000 -- $1,206 / 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 $23,478 $1,912,500 $1,667,700 $244,800
2024 $23,478 $2,000,000 $1,680,000 $320,000
2023 $3,860 $302,581 $117,121 $185,460
2022 $3,847 $296,649 $114,825 $181,824
2021 $3,756 $290,833 $112,574 $178,259
2020 $3,760 $287,852 $111,420 $176,432
2019 $3,612 $282,209 $109,236 $172,973
2018 $3,585 $276,677 $107,095 $169,582
2017 $3,445 $271,253 $104,996 $166,257
2016 $3,295 $265,936 $102,938 $162,998
2015 $3,204 $261,942 $101,392 $160,550
2014 $3,178 $256,812 $99,406 $157,406
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81950065

MLSListings

APN: 158-29-002