NOT LISTED FOR SALE

285 Santa Rosa Ave Mountain View, CA 94043

Rex Manor Neighborhood

Estimated Value: $2,425,000 - $3,062,400

4 Beds
4 Baths
1,428 Sq Ft
$1,884/Sq Ft Est. Value

Last Sold January 12, 2018

Last sale price $1,750,000 $1,225 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $16,387/month

86 Days on Market

Highlights

  • Wood Flooring
  • 4-minute walk to Mountain View Station
  • Forced Air Heating and Cooling System
  • Edith Landels Elementary School Rated A-
  • 2 Car Attached Garage
  • 3-minute walk to Jackson Park

About This Home

As of January 2018

Newly remodeled duplex in Mountain View. Located mere blocks away from Castro Street and major public transit stations. New kitchen with high gloss cabinets, stainless steel appliances, quarts counter top and tile back splash. Updated bathrooms with new tile floors, new vanity. Both units have new hardwood and tile flooring. Dual pane windows through out to help maintain the temperature created by the new heating and A/C systems. New walls, texture and paint and new light fixtures throughout.

Last Agent to Sell the Property

Cristina Martinez

Hernani Mendoza, Broker License #00990393 Listed on: 08/04/2017

Last Buyer's Agent

Eppie Lum

Coldwell Banker Realty License #01333261

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1963

Lot Details

  • 5,759 Sq Ft Lot

Parking

  • 2 Car Attached Garage
  • On-Street Parking

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,428 Sq Ft Home
  • 1-Story Property
  • Washer and Dryer Hookup

Kitchen

  • Gas Oven
  • Dishwasher

Flooring

  • Wood
  • Tile

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • 220 Volts
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $91,200

Community Details

Overview

Building Details

  • Insurance Expense $1,200
  • Trash Expense $1,200
  • Operating Expense $24,900
  • Gross Income $89,376

Property Details

Home Type

Multi-Family

Year Built

1963

Lot Details

0

Parking

2

Listing Details

  • Zoning: R3-1*
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1428
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1963

Interior Features

  • Kitchen: 220 Volt Outlet, Countertop - Other, Dishwasher, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 1428
  • Stories: 1
  • Laundry: Hookups Only
  • Flooring: Hardwood, Tile

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage, On Street

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer Connected

Lot Info

  • Lot Acres: 0.1322
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5760.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5760.00

Rental Info

  • Existing Lease Term(s): Building Vacant
  • Gross Rent Multiplier: 19.19

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 1200
  • Expenses Total: 24900
  • Expense Trash: 1200
  • Income Annual Gross: 89376.00
  • Income Annual Rental: 91200
  • Income Gross Scheduled: 91200
  • Income Includes: Rents
  • Meters: Separate Common Area, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Insurance, Maintenance, Services - Gardener, Services - Trash Removal
  • Tenant Expenses: Maintenance - Interior, Utilities - Electric, Utilities - Gas, Utilities - Water
  • Vacancy Factor: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 12, 2021
Sold by
Danelon Alessia and Klett Adam Lee
Bought by
Klett Adam L and Danelon Alessia
Current Estimated Value
$2,689,850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,125,508
Outstanding Balance
$1,032,191
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$1,657,659

Purchase Details

Listed on
Aug 4, 2017
Closed on
Nov 27, 2017
Sold by
Ulpindo Cielo
Bought by
Danelon Alessia
Seller's Agent
Cristina Martinez
Hernani Mendoza, Broker
Buyer's Agent
Eppie Lum
Coldwell Banker Realty
List Price
$1,828,000
Sold Price
$1,750,000
Premium/Discount to List
-$78,000
-4.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.53%
Original Mortgage
$1,312,500
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Sep 18, 2015
Closed on
Dec 2, 2015
Sold by
Nakano Glenn H Nakano Successor and Nakano Robert H
Bought by
Ulpindo Cielo
Seller's Agent
Bob Henkel
David Lyng Real Estate
Buyer's Agent
Vicky Le
Intero Real Estate Services
List Price
$1,595,000
Sold Price
$1,500,000
Premium/Discount to List
-$95,000
-5.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.97%
Original Mortgage
$800,000
Interest Rate
3.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 5, 1999
Sold by
Nakano Tsuruye Trudy
Bought by
Nakano Tsuruye
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
Klett Adam L -- Title365
Danelon Alessia $1,750,000 First American Title Co
Ulpindo Cielo $1,500,000 First American Title Company
Nakano Tsuruye -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Klett Adam L $1,125,508
Previous Owner Danelon Alessia $1,312,500
Previous Owner Ulpindo Cielo $800,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/12/2018 01/12/18 Sold $1,750,000 0.0% $1,225 / Sq Ft
10/30/2017 10/30/17 Pending -- -- --
08/30/2017 08/30/17 Price Changed $1,750,000 -4.3% $1,225 / Sq Ft
08/04/2017 08/04/17 For Sale $1,828,000 +21.9% $1,280 / Sq Ft
01/08/2016 01/08/16 Sold $1,500,000 -6.0% $1,050 / Sq Ft View Prior Sale
11/19/2015 11/19/15 Pending -- -- --
09/18/2015 09/18/15 For Sale $1,595,000 -- $1,117 / 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 $28,034 $2,382,399 $1,769,322 $613,077
2024 $28,034 $2,335,686 $1,734,630 $601,056
2023 $27,665 $2,289,889 $1,700,618 $589,271
2022 $27,267 $2,218,810 $1,667,273 $551,537
2021 $22,488 $1,834,305 $1,634,582 $199,723
2020 $22,355 $1,815,498 $1,617,822 $197,676
2019 $21,363 $1,779,900 $1,586,100 $193,800
2018 $19,287 $1,589,160 $1,404,540 $184,620
2017 $18,334 $1,551,840 $1,377,000 $174,840
2016 $1,015 $66,108 $20,662 $45,446
2015 $993 $65,116 $20,352 $44,764
2014 $985 $63,842 $19,954 $43,888
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2018

    Cristina Martinez

    Hernani Mendoza, Broker

    Section Image

  • E

    Buyer's Agent in 2018

    Eppie Lum

    Coldwell Banker Realty

    Section Image
  • Bob Henkel

    Seller's Agent in 2016

    Bob Henkel

    David Lyng Real Estate

    (831) 477-5845

    2 Total Sales

    Bob Henkel
    Section Image

  • V

    Buyer's Agent in 2016

    Vicky Le

    Intero Real Estate Services

    Section Image
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Map

Source: MLSListings

MLS Number: ML81672889

MLSListings

APN: 158-44-032

California Santa Clara County Mountain View 94043 Rex Manor

285 Santa Rosa Ave, Mountain View, CA

Not Listed for Sale

MultiFamily

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