J
Seller's Agent in 2018
Juliana Lee
Keller Williams Palo Alto
261 Oak St Mountain View, CA 94041
8
Beds
4
Baths
6,300
Sq Ft
0.44
Acres
Highlights
- Granite Flooring
- 0.44 Acre Lot
- Wine Refrigerator
- Edith Landels Elementary School Rated A-
- Granite Countertops
- Balcony
About This Home
As of March 2018Great investment opportunity! This spectacular eightplex is located in a quiet street and set in the heart of downtown Mountain View with easy access to Central Expressway, Highway 85 and walking distance to Castro Street. Over 19,000 lot sqft with covered parking spaces. Property has wide open grass area and the exterior is easily viewed.
Last Agent to Sell the Property
Juliana Lee
Keller Williams Palo Alto License #00851314 Listed on: 02/09/2018
Last Buyer's Agent
Juliana Lee
Keller Williams Palo Alto License #00851314 Listed on: 02/09/2018
Property Details
Home Type
- Multi-Family
Year Built
- 1959
Lot Details
- 0.44 Acre Lot
- Fenced
- Level Lot
Home Design
- Shingle Roof
- Masonry
Interior Spaces
- 6,300 Sq Ft Home
- 2-Story Property
- Storage Room
- Crawl Space
- Fire and Smoke Detector
Kitchen
- Built-In Oven
- Gas Oven
- Electric Cooktop
- Range Hood
- Wine Refrigerator
- Granite Countertops
- Corian Countertops
- Ceramic Countertops
Flooring
- Carpet
- Laminate
- Granite
- Tile
- Vinyl
Laundry
- Laundry Room
- Washer and Dryer
Parking
- 6 Parking Spaces
- 8 Carport Spaces
- Varies By Unit
- Assigned Parking
Outdoor Features
- Balcony
Utilities
- Wall Furnace
- Heating System Uses Gas
- Separate Meters
- 220 Volts
- Individual Gas Meter
Listing and Financial Details
- Total Actual Rent $161,961
Community Details
Overview
- 6,300 Sq Ft Building
Amenities
- Courtyard
- Coin Laundry
Building Details
- 7 Leased Units
- Gardener Expense $600
- Insurance Expense $3,283
- Maintenance Expense $987
- Manager Expense $3,840
- Other Expense $3,600
- Utility Expense $12,941
- Trash Expense $1,200
- Operating Expense $38,197
- Gross Income $139,321
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/16/2018 03/16/18 | Sold | $3,600,000 | +20.0% | $571 / Sq Ft |
| 02/23/2018 02/23/18 | Pending | -- | -- | -- |
| 02/20/2018 02/20/18 | Price Changed | $3,000,000 | +9.1% | $476 / Sq Ft |
| 02/09/2018 02/09/18 | For Sale | $2,750,000 | -- | $437 / Sq Ft |
Source: MLSListings
Tax History Compared to Growth
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 | $47,004 | $4,096,181 | $3,481,756 | $614,425 |
| 2024 | $47,004 | $4,015,865 | $3,413,487 | $602,378 |
| 2023 | $46,530 | $3,433,318 | $2,854,330 | $578,988 |
| 2022 | $40,532 | $3,365,999 | $2,798,363 | $567,636 |
| 2021 | $39,535 | $3,813,098 | $3,256,592 | $556,506 |
| 2020 | $45,668 | $3,774,000 | $3,223,200 | $550,800 |
| 2019 | $43,723 | $3,700,000 | $3,160,000 | $540,000 |
| 2018 | $12,423 | $1,010,190 | $505,095 | $505,095 |
| 2017 | $11,746 | $990,384 | $495,192 | $495,192 |
| 2016 | $11,619 | $970,966 | $485,483 | $485,483 |
| 2015 | $11,283 | $956,382 | $478,191 | $478,191 |
| 2014 | $11,183 | $937,648 | $468,824 | $468,824 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: MLSListings
MLS Number: ML81692002
APN: 158-13-018
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