NOT LISTED FOR SALE

Estimated Value: $4,375,000 - $6,533,337

0.65 Acre
$8,403,958 Price per Acre
28,270 Sq Ft Lot

Last Sold August 21, 2013

Last sale price $2,900,000

Est. 88% increase in value since last sale

Current estimated payment $33,102/month

32 Days on Market

About This Lot

As of August 2013

Excellent development site in Mountain View. General Planned for 8 to 16 dwelling units. Could be townhomes or apartments. Value is in the land.

Last Agent to Sell the Property

Greg Poncetta

Poncetta Properties License #01218360 Listed on: 06/06/2013

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $40,610

Lot Details

  • Partially Fenced Property
  • Wood Fence

Community Details

Property Details

Property Type

Land

Est. Annual Taxes

$40,610

Lot Details

0

Listing Details

  • Zoning: R32
  • Subclass: Res. Land Planned Unit Development
  • Inspections Reports: Flood Zone, Fault Zone
  • Listing Class: Residential Lots & Land
  • Present Use: Residential
  • Development Status: Subdivision - Possible
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Local/Neighborhood
  • Fencing: Wood, Not Surveyed, Partial Fencing
  • Road Sidewalks: Curbs/Gutters

Schools

  • School District: Mountain View-Los Altos Union High

Lot Info

  • Lot Number: 12
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 28290.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 28290.00
  • Lot Size Area Min Search: 28290.00
  • Maximum Lot Size: 28290.00
  • Parcel Access: City Street

Rental Info

  • Lease Amount: 3000000

Multi Family

  • Number Of Buildings: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 3, 2017
Sold by
Ye Guofeng
Bought by
Ye Guofeng and Lin Jianping
Current Estimated Value
$5,454,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,750,000
Outstanding Balance
$1,457,203
Interest Rate
4.32%
Mortgage Type
Commercial
Estimated Equity
$4,011,526

Purchase Details

Listed on
Jun 6, 2013
Closed on
Aug 12, 2013
Sold by
Krackeler Joseph J
Bought by
Ye Guofeng
Seller's Agent
Greg Poncetta
Poncetta Properties
List Price
$3,000,000
Sold Price
$2,900,000
Premium/Discount to List
-$100,000
-3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.42%
Original Mortgage
$1,500,000
Interest Rate
4.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 14, 2002
Sold by
Krackeler Joseph J
Bought by
Krackeler Joseph J
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
Ye Guofeng -- Fatcola
Ye Guofeng -- First American Title Ins Co
Krackeler Joseph J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ye Guofeng $1,750,000
Closed Ye Guofeng $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2013 08/21/13 Sold $2,900,000 -3.3% --
07/08/2013 07/08/13 Pending -- -- --
06/06/2013 06/06/13 For Sale $3,000,000 -- --
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 $40,610 $3,555,001 $3,555,001 --
2024 $40,610 $3,485,296 $3,485,296 --
2023 $40,193 $3,416,957 $3,416,957 $0
2022 $40,092 $3,349,958 $3,349,958 $0
2021 $39,107 $3,284,273 $3,284,273 $0
2020 $39,165 $3,250,597 $3,250,597 $0
2019 $37,490 $3,186,860 $3,186,860 $0
2018 $37,057 $3,124,373 $3,124,373 $0
2017 $35,503 $3,063,111 $3,063,111 $0
2016 $35,171 $3,003,050 $3,003,050 $0
2015 $34,165 $2,957,942 $2,957,942 $0
2014 $33,853 $2,900,000 $2,900,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81319913

MLSListings

APN: 154-11-035