NOT LISTED FOR SALE

427 Franklin St Mountain View, CA 94041

Estimated Value: $3,340,000 - $4,372,206

0.17 Acre
$23,148,558 Price per Acre
7,492 Sq Ft Lot

Last Sold September 24, 2012

Last sale price $859,500 $1,990 Per Sq Ft

Est. 363% increase in value since last sale

Current estimated payment $24,918/month

15 Days on Market

Highlights

  • Wood Fence
  • Level Lot
  • 4-minute walk to Pioneer Memorial Park
  • Edith Landels Elementary School Rated A

About This Lot

As of September 2012

Build your dream house on this cleared lot, surveyed and ready for permits. Transitional downtown zone qualifies for two homes or home plus rental unit. Incredible location close to transit, two blocks walk to Castro Street restaurants and Theater. Lot size 50' x 150'. House plans available.

Last Listed By

Carl Wuestehube

Tri-Star Realty License #00634943 Listed on: 09/03/2012

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $30,804

Year Built

  • 1910

Lot Details

  • Wood Fence
  • Level Lot

Property Details

Property Type

Land

Est. Annual Taxes

$30,804

Year Built

1910

Lot Details

0

Listing Details

  • Zoning: P19
  • Subclass: Residential Lot
  • Inspections Reports: Flood Zone, Fault Zone
  • Listing Class: Residential Lots & Land
  • Present Use: Vacant
  • Development Status: Have Building Plans
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1910

Exterior Features

  • Fencing: Wood

Utilities

  • Sewer/Septic System: Sewer Available At Site

Schools

  • School District: Mountain View-Los Altos Union High

Lot Info

  • Lot Description: Grade - Level
  • Lot Number: 6
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7500.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 7500.00
  • Lot Size Area Min Search: 7500.00
  • Maximum Lot Size: 7500.00
  • Parcel Access: Paved Road

Rental Info

  • Lease Amount: 875000

Multi Family

  • Utilities: On Pole

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 23, 2018
Sold by
Mo William Y and Mo Wen Juan Calara
Bought by
Mo William Y and Mo Wen Juan Calara
Total Days on Market
15
Current Estimated Value
$3,981,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$161,497
Interest Rate
4.04%
Mortgage Type
Credit Line Revolving
Estimated Equity
$4,198,620

Purchase Details

Closed on
Feb 22, 2018
Sold by
Mo William Y and Mo Wen Juan Clara
Bought by
Mo William Y and Mo Clara Wen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$161,497
Interest Rate
4.04%
Mortgage Type
Credit Line Revolving
Estimated Equity
$4,198,620

Purchase Details

Listed on
Sep 3, 2012
Closed on
Sep 18, 2012
Sold by
Martin Robert Thomas and Martin Sheila Dawn
Bought by
Mo William Y and Mo Wen Juan Clara
Seller's Agent
Carl Wuestehube
Tri-Star Realty
List Price
$875,000
Sold Price
$859,500
Premium/Discount to List
-$15,500
-1.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.65%

Purchase Details

Closed on
Jun 30, 2011
Sold by
Alcala Javier
Bought by
Martin Robert Thomas and Martin Shelia Dawn

Purchase Details

Closed on
Aug 29, 2003
Sold by
Alcala Pedro
Bought by
Pedro Carbojal Alcala Revocable Trust
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Mo William Y -- First American Title Co
Mo William Y -- First American Title Co
Mo William Y $859,500 Old Republic Title Company
Martin Robert Thomas $845,000 Fidelity National Title Ins
Pedro Carbojal Alcala Revocable Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mo William Y $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2012 09/24/12 Sold $859,500 -1.8% $1,990 / Sq Ft
09/18/2012 09/18/12 Pending -- -- --
09/03/2012 09/03/12 For Sale $875,000 -- $2,025 / 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 $30,804 $2,640,119 $1,037,656 $1,602,463
2023 $30,568 $2,588,353 $1,017,310 $1,571,043
2022 $30,488 $2,537,602 $997,363 $1,540,239
2021 $29,740 $2,487,846 $977,807 $1,510,039
2020 $29,783 $2,462,337 $967,781 $1,494,556
2019 $28,433 $2,414,056 $948,805 $1,465,251
2018 $28,111 $2,366,722 $930,201 $1,436,521
2017 $26,935 $2,320,316 $911,962 $1,408,354
2016 $29,507 $2,559,091 $894,081 $1,665,010
2015 $28,650 $2,520,652 $880,652 $1,640,000
2014 $11,609 $995,402 $863,402 $132,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81232600

MLSListings

APN: 158-11-048