NOT LISTED FOR SALE

581 Gresham Ave Sunnyvale, CA 94085

Snail Neighborhood

Estimated Value: $1,709,000 - $1,805,000

3 Beds
2 Baths
1,190 Sq Ft
$1,481/Sq Ft Est. Value

Last Sold July 12, 2021

Last sale price $1,500,000 $1,261 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $10,748/month

9 Days on Market

Highlights

  • Ranch Style House
  • Wood Flooring
  • Enclosed Parking
  • Fremont High School Rated A
  • No HOA
  • 1 Car Attached Garage

About This Home

As of July 2021

Classic rancher located at a serene block of Fair Oak, Sunnyvale. This mid-century home offers a welcoming entry with wood burning fireplace in the living area, three spacious bedrooms, two full baths, original kitchen, hardwood flooring throughout and multiple access to the rear garden. Modern update over the years included owned solar system, central furnace, hot water heater and interior painting. Beautifully landscape in the front and shaded patio in the rear with plenty of fruit trees surrounding the garden. Ideally situated in the Silicon Valley with nearby access to highway, shopping and public transit.

Last Agent to Sell the Property

Brandon Chen

Compass License #01883761 Listed on: 06/02/2021

Compass

Co-Listed By

Awei Dai

Compass License #02086479

Last Buyer's Agent

Xu Alick Zhang

RE/MAX Santa Clara Valley License #01353846

RE/MAX Santa Clara Valley

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1951

Lot Details

  • 4,989 Sq Ft Lot
  • Back Yard Fenced
  • Landscaped
  • Front Yard Sprinklers
  • Low Maintenance Yard

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,190 Sq Ft Home
  • Wood Burning Fireplace
  • Brick Fireplace
  • Double Pane Windows

Kitchen

  • Free-Standing Gas Oven
  • Free-Standing Gas Range
  • Dishwasher

Flooring

  • Wood
  • Linoleum

Bedrooms and Bathrooms

  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Enclosed Parking
  • Open Parking

Utilities

  • Central Heating
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 204-15-047

Home Details

Home Type

Single Family

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subtype Description: Detached, Ranchette/Country
  • Architectural Style: Ranch
  • Property Condition: Original
  • Year Built: 1951
  • Special Features: None
  • Stories: 0

Interior Features

  • Number Of Fireplaces: 1
  • Fireplace Features: Brick, Wood Burning
  • Master Bathroom Features: Double Sinks, Tub w/Shower Over
  • Master Bedroom Features: Closet
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Free Standing Gas Oven, Free Standing Gas Range, Free Standing Refrigerator, Gas Water Heater
  • Bathroom Features: Tub w/Shower Over
  • Flooring: Linoleum, Wood
  • Laundry Features: Dryer Included, In Garage, Washer Included
  • Main Level: Bedroom(s), Full Bath(s), Garage, Kitchen, Living Room, Master Bedroom, Street Entrance
  • Price Per Square Foot: 1260.50
  • Square Footage: 1190
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Wood Siding
  • Fencing: Back Yard, Fenced
  • Foundation: Concrete, Concrete Perimeter
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Access: Independent
  • Parking Features: Attached, Enclosed, Uncovered Parking Space
  • Parking Fees: No
  • Parking Type: On Site (Single Family Only)
  • Total Parking Spaces: 1

Utilities

  • Heating: Central, Gas, Natural Gas
  • Sewer: Public Sewer
  • Utilities: All Electric, Cable Available, Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Assessor Parcel Number: 204-15-047
  • Lot Features: Auto Sprinkler Front, Garden, Landscape Front, Low Maintenance
  • Lot Size Acres: 0.1145
  • Lot Size Sq Ft: 4989
  • Lot Size Units: SqFt
  • Price Per Acre: 13100436.68

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2021
Closed on
Jul 8, 2021
Sold by
Lee Barry W
Bought by
Luan Xun
Seller's Agent
Brandon Chen
Compass
Buyer's Agent
Xu Alick Zhang
RE/MAX Santa Clara Valley
List Price
$1,250,000
Sold Price
$1,500,000
Premium/Discount to List
$250,000
20%
Current Estimated Value
$1,762,242

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$262,242
Avg. Annual Appreciation
3.68%
Original Mortgage
$1,189,818
Outstanding Balance
$1,079,575
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$682,667

Purchase Details

Closed on
Nov 16, 1993
Sold by
Lee Barry W
Bought by
Lee Barry W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,500
Interest Rate
6.85%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Luan Xun $1,500,000 First American Title Company
Lee Barry W -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luan Xun $1,189,818
Previous Owner Lee Barry W $126,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/12/2021 07/12/21 Sold $1,500,000 +20.0% $1,261 / Sq Ft
06/11/2021 06/11/21 Pending -- -- --
06/02/2021 06/02/21 For Sale $1,250,000 -- $1,050 / Sq Ft
Source: San Francisco Association of REALTORS®

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 $18,178 $1,591,811 $1,432,630 $159,181
2024 $18,178 $1,560,600 $1,404,540 $156,060
2023 $16,496 $1,400,000 $1,260,000 $140,000
2022 $17,723 $1,500,000 $1,350,000 $150,000
2021 $4,087 $323,578 $150,296 $173,282
2020 $4,036 $320,261 $148,755 $171,506
2019 $3,951 $313,983 $145,839 $168,144
2018 $3,875 $307,828 $142,980 $164,848
2017 $3,826 $301,793 $140,177 $161,616
2016 $3,675 $295,877 $137,429 $158,448
2015 $3,695 $291,433 $135,365 $156,068
2014 $3,625 $285,725 $132,714 $153,011
Source: Public Records

Agents Affiliated with this Home

  • Brandon Chen

    Seller's Agent in 2021

    Brandon Chen

    Compass

    (415) 971-1099

    1 in this area

    97 Total Sales

    Brandon Chen
    Section Image

  • A

    Seller Co-Listing Agent in 2021

    Awei Dai

    Compass

    Section Image
  • Xu Alick Zhang

    Buyer's Agent in 2021

    Xu Alick Zhang

    RE/MAX

    (408) 206-4823

    1 in this area

    46 Total Sales

    Xu Alick Zhang
    Section Image
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Map

Source: San Francisco Association of REALTORS®

MLS Number: 421557978

San Francisco Association of REALTORS®

APN: 204-15-047

California Santa Clara County Sunnyvale 94085 Snail

581 Gresham Ave, Sunnyvale, CA

Not Listed for Sale

Detached

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