NOT LISTED FOR SALE

517 Alberta Ave Sunnyvale, CA 94087

5 Beds
4 Baths
2,285 Sq Ft
7,845 Sq Ft Lot Lot

Sale Details

Date Sold: May 30, 2022

Last sale price $2,500,000 $1,094 Per Sq Ft

3 Days on Market

Highlights

  • Stone Countertops
  • 3 Car Attached Garage
  • Washer and Dryer
  • Chester W. Nimitz Elementary School Rated A-
  • Forced Air Heating System
  • Vinyl Flooring

About This Home

As of May 2022

We are pleased to offer this premium Sunnyvale duplex, which includes 3 bedrooms, 2 baths, a 2-car garage, an in-unit laundry room and spacious backyard, adjoined by a 2BD/2BA unit with a 1 car garage, in unit laundry area and backyard. This property feeds to Nimitz Elementary, Cupertino Middle and Homestead High School. The 3 bedroom unit was recently remodeled throughout, and the 2 bedroom unit was updated only a few years ago. Located just off Sunnyvale Saratoga Road on the Cupertino border between Fremont Avenue and Homestead Road, this property offers quick access to major employers, top rated schools, freeways, and endless amenities. Unit at 519 Alberta vacant and unit at 517 Alberta is occupied by tenant (do not disturb).

Last Agent to Sell the Property

Rick Bell

Compass License #01051633 Listed on: 04/27/2022

Compass

Last Buyer's Agent

RECIP

Out of Area Office License #00000000

Property Details

Home Type

  • Multi-Family

Year Built

  • 1977

Lot Details

  • 7,845 Sq Ft Lot

Parking

  • 3 Car Attached Garage

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 2,285 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring
  • Crawl Space
  • Washer and Dryer

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Stone Countertops

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $38,340

Community Details

Overview

Building Details

  • 1 Leased Unit
  • Gardener Expense $3,000
  • Insurance Expense $2,600
  • Maintenance Expense $1,000
  • Utility Expense $2,400
  • Operating Expense $12,499
  • Gross Income $38,340

Property Details

Home Type

Multi-Family

Year Built

1977

Lot Details

7,845 Sq Ft Lot

Parking

3

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Style: Ranch
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2285
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1977

Interior Features

  • Kitchen: Cooktop - Electric, Countertop - Stone, Oven - Electric
  • Living Sq Ft: 2285
  • Stories: 1
  • Laundry: Washer / Dryer
  • Flooring: Vinyl / Linoleum

Exterior Features

  • Foundation: Crawl Space
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 3
  • Garage Parking Features: Attached Garage

Utilities

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

Schools

  • High School: 258

Lot Info

  • Lot Acres: 0.1801
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7844.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7844.00

Rental Info

  • Existing Lease Term(s): Less Than 1 Yr
  • Gross Rent Multiplier: 62.47
  • Number Of Leased: 1

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 2600
  • Expense Landscape: 3000
  • Expense Maintenance: 1000
  • Expenses Total: 12499
  • Expenses Utility: 2400
  • Income Annual Gross: 38340.00
  • Income Annual Rental: 38340
  • Income Gross Scheduled: 38340
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Maintenance - Repair, Services - Gardener, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
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Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2022 05/30/22 Sold $2,500,000 +4.4% $1,094 / Sq Ft
05/01/2022 05/01/22 Pending -- -- --
04/27/2022 04/27/22 For Sale $2,395,000 -- $1,048 / Sq Ft
Source: MLSListings

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 $30,235 $2,653,019 $2,440,778 $212,241
2024 $30,235 $2,601,000 $2,392,920 $208,080
2023 $30,088 $2,550,000 $2,346,000 $204,000
2022 $3,529 $261,197 $60,274 $200,923
2021 $3,499 $256,077 $59,093 $196,984
2020 $3,461 $253,453 $58,488 $194,965
2019 $3,394 $248,485 $57,342 $191,143
2018 $3,323 $243,614 $56,218 $187,396
2017 $3,307 $238,838 $55,116 $183,722
2016 $3,212 $234,156 $54,036 $180,120
2015 $3,195 $230,640 $53,225 $177,415
2014 $3,125 $226,123 $52,183 $173,940
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81888835

MLSListings

APN: 323-31-003

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