NOT LISTED FOR SALE

304 Calderon Ave Mountain View, CA 94041

Estimated Value: $2,260,000 - $3,236,000

3 Beds
2 Baths
1,520 Sq Ft
$1,706/Sq Ft Est. Value

Last Sold August 25, 2017

Last sale price $2,225,000 $1,464 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $16,547/month

37 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Forced Air Heating System
  • Edith Landels Elementary School Rated A
  • Bungalow
  • Washer and Dryer

About This Home

As of August 2017

Wonderful Downtown Mountain View Opportunity. Main house is a cute 2/1 bungalow with nice architectural features plus there is a small cottage and detached 2 car garage. The property would also be great for someone wanting to get an iconic location in Downtown while collecting rental income from one unit. Huge Floor Area Ratio provides approximately 4,936 floor area above grade which allows for nearly any future development you might want. As this is one of the largest lots in Downtown you can have a large home, big garages if desired, guest house, pool and more. 12,342 ft. lot (approx. 101.9 x 121'). Address could be applied for to be on Dana Street instead of Calderon if Desired. W.Dana Street is undergoing one of the most significant transformations in Downtown with Spectacular homes being constructed or in planning. Farmers Market, Caltrain, Castro St., and more are just steps away. Strong rental income for cash flow while planning for the future!

Last Agent to Sell the Property

Dave Keefe

Keller Williams Thrive License #70010092 Listed on: 06/20/2017

Keller Williams Thrive

Last Buyer's Agent

Richard Michaels

Coldwell Banker Realty License #01805367

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $29,054

Year Built

  • 1932

Lot Details

  • 0.28 Acre Lot
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Home Design

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

Interior Spaces

  • 1,520 Sq Ft Home
  • 1-Story Property
  • Gas Oven
  • Washer and Dryer

Flooring

  • Wood
  • Tile

Utilities

  • Forced Air Heating System
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $71,400

Community Details

Overview

  • 1,520 Sq Ft Building

Building Details

  • 2 Leased Units
  • Gardener Expense $1,200
  • Insurance Expense $1,200
  • Maintenance Expense $3,000
  • Utility Expense $1,200
  • Trash Expense $1,200
  • Operating Expense $31,800
  • Gross Income $71,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$29,054

Year Built

1932

Lot Details

0

Parking

2

Listing Details

  • Zoning: R1
  • Subclass: Duplex
  • Style: Bungalow
  • Age: 85
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1520
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1932

Interior Features

  • Kitchen: Oven Range - Gas
  • Living Sq Ft: 1520
  • Stories: 1
  • Laundry: Washer / Dryer
  • Flooring: Hardwood, Tile

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 6
  • Garage Parking Features: Detached Garage, Off-Street Parking, Room For Oversized Vehicle

Utilities

  • Heating System: Central Forced Air, Wall Furnace
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Schools

  • School District: Mountain View-Los Altos Union High
  • Elementary School: Edith Landels Elementary
  • Middle School: Isaac Newton Graham Middle
  • High School: Mountain View High
  • High School: 266
  • Elementary School: 166
  • Middle School: 163

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.2833
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 12342.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 12342.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 30.74
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1200
  • Expense Landscape: 1200
  • Expense Maintenance: 3000
  • Expenses Total: 31800
  • Expenses Utility: 1200
  • Expense Trash: 1200
  • Income Annual Gross: 71400.00
  • Income Annual Rental: 71400
  • Income Gross Scheduled: 71400
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 2
  • Operating Expenses Include: Services - Gardener, Services - Sewer, Services - Trash Removal
  • Tenant Expenses: Utilities - Electric, Utilities - Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2017
Closed on
Jul 31, 2017
Sold by
Bitton Natalie and Williams Brian
Bought by
Anandaram Jayanth and Patel Punam
Seller's Agent
Dave Keefe
Keller Williams Thrive
Buyer's Agent
Richard Michaels
Coldwell Banker Realty
List Price
$2,195,000
Sold Price
$2,225,000
Premium/Discount to List
$30,000
1.37%
Current Estimated Value
$2,592,636

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$367,636
Avg. Annual Appreciation
2.26%
Original Mortgage
$1,756,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 18, 2000
Sold by
Aristo Katherine Trustee
Bought by
Aristo Katherine
Source: Public Records

Range of Values:

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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
Anandaram Jayanth $2,225,000 Chicago Title Company
Aristo Katherine -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anandaram Jayanth $1,605,000
Closed Anandaram Jayanth $150,000
Closed Anandaram Jayanth $1,756,000
Previous Owner Bitton Natalie $220,000
Previous Owner Bitton Natalie $770,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2017 08/25/17 Sold $2,225,000 +1.4% $1,464 / Sq Ft
07/28/2017 07/28/17 Pending -- -- --
07/20/2017 07/20/17 For Sale $2,195,000 0.0% $1,444 / Sq Ft
07/02/2017 07/02/17 Pending -- -- --
06/20/2017 06/20/17 For Sale $2,195,000 -- $1,444 / 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 $29,054 $2,531,665 $2,389,439 $142,226
2024 $29,054 $2,482,026 $2,342,588 $139,438
2023 $29,054 $2,433,359 $2,296,655 $136,704
2022 $28,682 $2,385,647 $2,251,623 $134,024
2021 $27,978 $2,338,871 $2,207,474 $131,397
2020 $28,018 $2,314,890 $2,184,840 $130,050
2019 $26,825 $2,269,500 $2,142,000 $127,500
2018 $26,524 $2,225,000 $2,100,000 $125,000
2017 $13,912 $1,188,354 $1,131,769 $56,585
2016 $13,648 $1,165,054 $1,109,578 $55,476
2015 $13,258 $1,147,555 $1,092,912 $54,643
2014 $13,137 $1,125,077 $1,071,504 $53,573
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81656791

MLSListings

APN: 158-30-079