NOT LISTED FOR SALE

Estimated Value: $1,794,000 - $3,333,340

6 Beds
6 Baths
3,116 Sq Ft
$915/Sq Ft Est. Value

Last Sold December 16, 2019

Last sale price $2,600,000 $834 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $18,925/month

215 Days on Market

Highlights

  • Private Pool
  • Marble Flooring
  • Fireplace
  • Benjamin Bubb Elementary School Rated A
  • Granite Countertops
  • 1-minute walk to Mariposa Park

About This Home

As of December 2019

Wonderful multi-unit property located just 1 mile from Mt. View Cal Train Station, close to commute routes, shopping, schools. Front unit is fully remodeled with 2 bedrooms, 1.5 baths. Currently rented via AirBnB.  Middle unit is 4 bedroom, 3 bathroom home with updated kitchen and baths, hardwood floors, and charming. Seller lives in middle unit. Rear unit is a NON CONFORMING cabana overlooking the pool. Also rented via AirBnb. Mariposa Park is just up the block. Shown by appointment only. Schools: Landels Elementary, Graham Middle, Los Altos High (Buyer to verify). This is a unique property with a special feel and a wonderful location.  Zoned R3-2*  8403sf lot per county.

Last Agent to Sell the Property

Camille Eder

Coldwell Banker Realty License #01394600 Listed on: 10/31/2019

Coldwell Banker Realty

Last Buyer's Agent

Chaya Shahar

Referral Realty License #01507718

Referral Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $32,593

Year Built

  • 1951

Lot Details

  • 8,403 Sq Ft Lot
  • Security Fence
  • Level Lot
  • Sprinklers on Timer
  • Drought Tolerant Landscaping
  • Back Yard

Home Design

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

Interior Spaces

  • 3,116 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Fireplace
  • Double Pane Windows
  • Washer and Dryer

Kitchen

  • Gas Oven
  • Range Hood
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Marble
  • Tile

Parking

  • 4 Parking Spaces
  • 2 Carport Spaces
  • Guest Parking
  • On-Street Parking
  • Off-Street Parking

Pool

  • Private Pool

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Vented Exhaust Fan
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $105,000

Community Details

Overview

  • 3,116 Sq Ft Building

Building Details

  • 2 Leased Units
  • Gardener Expense $1,200
  • Insurance Expense $1,800
  • Maintenance Expense $9,720
  • Utility Expense $6,537
  • Operating Expense $27,679
  • Gross Income $97,650

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$32,593

Year Built

1951

Lot Details

0

Listing Details

  • Zoning: R3-2*
  • Subclass: Duplex
  • Age: 68
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3116
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1951

Interior Features

  • Kitchen: Countertop - Granite, Countertop - Stone, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Hookups - Gas, Microwave, Oven Range - Gas, Varies By Unit
  • Living Sq Ft: 3116
  • Stories: 2
  • Security: Security Fence
  • Laundry: Washer/Dryer - Some Units
  • Flooring: Carpet, Hardwood, Laminate, Marble, Tile

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Pool Description: Yes
  • Roof: Composition
  • Yard/Grounds: Back Yard, Drought Tolerant Plants, Sprinklers - Auto
  • Pool: Pool - In Ground
  • Construction Type: Wood Frame

Garage/Parking

  • Parking Spaces: 4
  • Garage Parking Features: Carport, Guest / Visitor Parking, Off-Street Parking, On Street, Parking Area
  • Carport Min: 2

Utilities

  • Cooling System: Ceiling Fan, Central Ac, Central Forced Air - Gas, Window / Wall Unit
  • Heating System: Central Forced Air - Gas, Fireplace, Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Mountain View-Los Altos Union High
  • Elementary School: Edith Landels Elementary
  • Middle School: Isaac Newton Graham Middle
  • High School: Los Altos High
  • High School: 265
  • Elementary School: 166
  • Middle School: 163

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1929
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8403.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8403.00

Green Features

  • Energy Features: Double Pane Windows

Rental Info

  • Gross Rent Multiplier: 24.65
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 1800
  • Expense Landscape: 1200
  • Expense Maintenance: 9720
  • Expenses Total: 27679
  • Expenses Utility: 6537
  • Income Annual Gross: 97650.00
  • Income Annual Rental: 105000
  • Income Gross Scheduled: 105000
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 3
  • Operating Expenses Include: Fee - Property Tax, Insurance, Loan - Mortgage, Maintenance, Services - Gardener, Utilities
  • Vacancy Factor: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2019
Closed on
Dec 11, 2019
Sold by
Kolenko Katherine V and Ching Brian
Bought by
Rechter Issac S and Jedwood Rechter Corinne
Seller's Agent
Camille Eder
Coldwell Banker Realty
Buyer's Agent
Chaya Shahar
Referral Realty
List Price
$2,800,000
Sold Price
$2,600,000
Premium/Discount to List
-$200,000
-7.14%
Current Estimated Value
$2,960,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$360,552
Avg. Annual Appreciation
0.72%

Purchase Details

Closed on
May 21, 2019
Sold by
Kolenko Katherine V and Ching Brian
Bought by
Kolenko Katherine V and Ching Brian

Purchase Details

Closed on
Nov 22, 2005
Sold by
Kolenko Katherine V
Bought by
Ching Brian and Kolenko Katherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$858,000
Interest Rate
1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 2, 2004
Sold by
Ching Brian
Bought by
Kolenko Katherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2003
Sold by
Ching Brian
Bought by
Kolenko Katherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$453,000
Interest Rate
4.87%
Mortgage Type
Balloon

Purchase Details

Closed on
Dec 20, 2001
Sold by
Kolenko Vasily and Kolenko Olga
Bought by
Kolenko Katherine

Purchase Details

Closed on
Oct 3, 2000
Sold by
Robert Watkins and Robert Katherine K
Bought by
Kolenko Vasily and Kolenko Olga P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,000
Interest Rate
8.48%

Purchase Details

Closed on
Mar 18, 1994
Sold by
Watkins Robert and Watkins Katherine Kolenko
Bought by
Watkins Robert and Watkins Katherine Kolenko
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
Rechter Issac S $2,600,000 Chicago Title Company
Kolenko Katherine V -- None Available
Kolenko Katherine V -- None Available
Ching Brian -- Fidelity National Title Ins
Kolenko Katherine -- Financial Title Company
Kolenko Katherine -- Ticor Title Company
Kolenko Katherine -- --
Kolenko Vasily -- Chicago Title Co
Watkins Robert -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ching Brian $60,750
Previous Owner Ching Brian $910,000
Previous Owner Ching Brian $858,000
Previous Owner Kolenko Katherine $650,000
Previous Owner Kolenko Katherine $453,000
Previous Owner Kolenko Katherine $107,000
Previous Owner Kolenko Katherine $455,000
Previous Owner Kolenko Vasily $415,000
Previous Owner Watkins Katherine $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2019 12/16/19 Sold $2,600,000 +0.5% $834 / Sq Ft
12/04/2019 12/04/19 Pending -- -- --
11/19/2019 11/19/19 Price Changed $2,588,000 -7.6% $831 / Sq Ft
11/19/2019 11/19/19 For Sale $2,800,000 0.0% $899 / Sq Ft
11/11/2019 11/11/19 Pending -- -- --
11/01/2019 11/01/19 Price Changed $2,800,000 -30.0% $899 / Sq Ft
05/02/2019 05/02/19 For Sale $4,000,000 -- $1,284 / 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
2024 $32,593 $2,787,723 $2,144,403 $643,320
2023 $32,259 $2,733,062 $2,102,356 $630,706
2022 $32,175 $2,679,474 $2,061,134 $618,340
2021 $31,385 $2,626,936 $2,020,720 $606,216
2020 $31,430 $2,600,000 $2,000,000 $600,000
2019 $8,509 $708,676 $388,676 $320,000
2018 $8,422 $694,781 $381,055 $313,726
2017 $8,077 $681,159 $373,584 $307,575
2016 $7,819 $667,804 $366,259 $301,545
2015 $7,595 $657,774 $360,758 $297,016
2014 $7,526 $644,890 $353,692 $291,198
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81774213

MLSListings

APN: 154-10-016