NOT LISTED FOR SALE

707 Sylvan Ave Mountain View, CA 94041

5 Beds
5 Baths
3,071 Sq Ft
9,448 Sq Ft Lot

Last Sold October 29, 2021

Last sale price $2,400,000 $782 Per Sq Ft

7 Days on Market

Highlights

  • High Ceiling
  • Beamed Ceilings
  • Tile Countertops
  • Edith Landels Elementary School Rated A-
  • 3 Car Attached Garage
  • 3-minute walk to Sylvan Park

About This Home

As of October 2021

Incredible opportunity to own this spacious 3,071 square foot multi-family duplex in Prime Mountain View on an expansive 9,448 SF lot! Take advantage of this unique opportunity to own an updated 3 bedroom, 2.5 bath home with an attached 2-car garage PLUS a separate unit with 2 bedrooms, 2 baths, and 1 car garage home. Both homes feature desirable floorplans to appeal and accommodate owners and/or tenants. The larger home features a formal living room, a great room with vaulted ceilings open to the kitchen, a junior primary bedroom with an attached bath & an expansive primary suite with a large bath & ample closet space. The larger home features an oversized laundry room with room for an office while the smaller home has a usable interior laundry as well. Private separate backyards. Conveniently located near downtown Mt View, Facebook, Google & LinkedIn, shopping, and transportation.

Last Agent to Sell the Property

Denise Carr

Compass License #01329583 Listed on: 08/26/2021

Compass

Last Buyer's Agent

Hollis Read

Real Estate Experts ERA Powered License #02120943

Real Estate Experts ERA Powered

Property Details

Home Type

  • Multi-Family

Year Built

  • 1968

Lot Details

  • 9,448

Parking

  • 3 Car Attached Garage

Home Design

  • Duplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,071 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • High Ceiling
  • Washer and Dryer Hookup

Kitchen

  • Built-In Oven
  • Electric Oven
  • Electric Cooktop
  • Range Hood
  • Dishwasher
  • Tile Countertops

Additional Features

  • 9,448 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $50,000

Community Details

Overview

Building Details

  • 1 Leased Unit
  • Gardener Expense $1,200
  • Insurance Expense $1,642
  • Maintenance Expense $1,000
  • Other Expense $200
  • Operating Expense $9,829
  • Gross Income $45,000

Property Details

Home Type

Multi-Family

Year Built

1968

Lot Details

0

Parking

3

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3071
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1968

Interior Features

  • Kitchen: Cooktop - Electric, Countertop - Tile, Dishwasher, Hood Over Range, Oven - Built-In, Oven - Electric
  • Living Sq Ft: 3071
  • Stories: 1
  • Laundry: Hookups Only

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition

Garage/Parking

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

Utilities

  • Cooling System: Central Ac, Central Forced Air - Gas
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Open Beam Ceiling

Lot Info

  • Lot Acres: 0.2169
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9448.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 9448.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 44.96
  • Number Of Leased: 1

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1642
  • Expense Landscape: 1200
  • Expense Maintenance: 1000
  • Expenses Other: 200
  • Expenses Total: 9829
  • Income Annual Gross: 45000.00
  • Income Annual Rental: 50000
  • Income Gross Scheduled: 50000
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Loan - Principle & Interest, Maintenance
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Water
  • Vacancy Factor: 10

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2021 10/29/21 Sold $2,400,000 +6.8% $782 / Sq Ft
09/03/2021 09/03/21 Pending -- -- --
08/26/2021 08/26/21 For Sale $2,248,000 -- $732 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Denise Carr

    Seller's Agent in 2021

    Denise Carr

    Compass

    (408) 839-6323

    49 Total Sales

    Denise Carr
    Section Image

  • H

    Buyer's Agent in 2021

    Hollis Read

    Real Estate Experts ERA Powered

    Section Image

  • H

    Buyer Co-Listing Agent in 2021

    Haleem Ballou

    Real Estate Experts ERA Powered

    Section Image
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Map

Source: MLSListings

MLS Number: ML81860166

MLSListings
California Santa Clara County Mountain View 94041

707 Sylvan Ave, Mountain View, CA

Not Listed for Sale

MultiFamily

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