NOT LISTED FOR SALE

269 W Dana St Mountain View, CA 94041

Estimated Value: $2,041,000 - $5,548,484

0.21 Acre
$18,830,087 Price per Acre
9,017 Sq Ft Lot

Last Sold June 08, 2017

Last sale price $2,000,000 $3,384 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $25,520/month

2 Days on Market

Highlights

  • Wood Fence
  • Edith Landels Elementary School Rated A
  • Level Lot

About This Lot

As of June 2017

The subject property is a multi-family residential property that consists of two detached one-bedroom cottages situated on a 9,000 square foot lot. The front unit measures approximately 600 square feet and the rear unit is approximately 425 square feet, per the seller. Both units have been well-maintained and are in good condition. Additionally, the property includes a detached garage with three parking spots. 269 W. Dana Street has a zoning designation of R1 (Residential--Single-Family District) and the general plan land use for the site is Low-Density Residential. The property is currently underutilized, given the size of the lot and low coverage ratio, and has the potential to be redeveloped with a residential use. Additionally, the front unit is vacant and could be occupied by the buyer, or the units can continue to be utilized as a rental income property. The property has an excellent location in downtown Mountain View and is less than one-half mile east of Castro Street.

Last Agent to Sell the Property

Kirk Trammell

Marcus & Millichap License #01038657 Listed on: 04/28/2017

Last Buyer's Agent

Dave Keefe

Keller Williams Thrive License #01352506

Keller Williams Thrive

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $57,967

Lot Details

  • 9,017 Sq Ft Lot
  • Wood Fence
  • Level Lot

Property Details

Property Type

Land

Est. Annual Taxes

$57,967

Lot Details

0

Listing Details

  • Zoning: R1
  • Subclass: Residential Lot
  • Listing Class: Residential Lots & Land
  • Present Use: Residential
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: Wood

Utilities

  • Sewer/Septic System: Sewer Connected

Schools

  • School District: Mountain View-Los Altos Union High
  • Elementary School: Edith Landels Elementary
  • High School: Mountain View High
  • High School: 266
  • Elementary School: 166

Lot Info

  • Lot Description: Grade - Level, Regular
  • Lot Acres: 0.2070
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 9000.00
  • Parcel Access: Accessible, City Street

Multi Family

  • Utilities: Electricity - On Site

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2017
Closed on
May 30, 2017
Sold by
Penafiel Hugo M and Penafiel Laura R
Bought by
Swett Rebecca M and Swett Daniel A
Seller's Agent
Kirk Trammell
Marcus & Millichap
Buyer's Agent
Dave Keefe
Keller Williams Thrive
List Price
$1,800,000
Sold Price
$2,000,000
Premium/Discount to List
$200,000
11.11%
Current Estimated Value
$3,778,709

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,778,709
Avg. Annual Appreciation
9.36%
Original Mortgage
$1,400,000
Outstanding Balance
$1,175,918
Interest Rate
4.03%
Mortgage Type
New Conventional
Estimated Equity
$2,985,843

Purchase Details

Closed on
Jan 6, 2003
Sold by
Penafiel Hugo R and Penafiel Betty M
Bought by
Penafiel Hugo M and Penafiel Laura R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 19, 2002
Sold by
Penafiel Laura Rose
Bought by
Penafiel Hugo R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,500
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 18, 2002
Sold by
Penafiel Hugo M and Penafiel Hugo R
Bought by
Penafiel Hugo R and Penafiel Betty M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,500
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 20, 1995
Sold by
Perot V Thomas Morris and Dabbs Julie Darling
Bought by
Penafiel Hugo M and Penafiel Hugo R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Swett Rebecca M $2,000,000 First American Title Company
Penafiel Hugo M $120,000 Financial Title Company
Penafiel Hugo R -- Financial Title Company
Penafiel Hugo R -- Financial Title Company
Penafiel Hugo M $290,000 First American Title Guarant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swett Rebecca M $1,400,000
Previous Owner Penafiel Hugo M $462,000
Previous Owner Penafiel Hugo M $360,000
Previous Owner Penafiel Hugo R $357,500
Previous Owner Penafiel Hugo M $261,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2017 06/08/17 Sold $2,000,000 +11.1% $3,384 / Sq Ft
05/01/2017 05/01/17 Pending -- -- --
04/28/2017 04/28/17 For Sale $1,800,000 -- $3,046 / 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 $57,967 $5,079,255 $2,253,855 $2,825,400
2024 $57,967 $4,979,662 $2,209,662 $2,770,000
2023 $38,410 $3,259,456 $2,166,336 $1,093,120
2022 $28,384 $2,360,619 $2,123,859 $236,760
2021 $25,678 $2,144,401 $2,082,215 $62,186
2020 $25,714 $2,122,414 $2,060,865 $61,549
2019 $24,621 $2,080,799 $2,020,456 $60,343
2018 $24,346 $2,040,000 $1,980,840 $59,160
2017 $5,096 $415,088 $343,529 $71,559
2016 $5,035 $406,950 $336,794 $70,156
2015 $4,897 $400,839 $331,736 $69,103
2014 $4,856 $392,988 $325,238 $67,750
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81648975

MLSListings

APN: 158-30-075