NOT LISTED FOR SALE

724 Borello Way Mountain View, CA 94041

4 Beds
4 Baths
2,662 Sq Ft
7,841 Sq Ft Lot

Last Sold May 23, 2024

Last sale price $2,300,888 $864 Per Sq Ft

18 Days on Market

Highlights

  • Balcony
  • 2 Car Garage
  • Laundry Room
  • Edith Landels Elementary School Rated A-
  • Secured Garage or Parking
  • Forced Air Heating System

About This Home

As of May 2024

Investment opportunity in a desirable Mountain View location. Great for seasoned investors and first time buyers alike! These single story units feel like detached homes. Front unit has spacious living room with fireplace, kitchen with dining space and family room off the kitchen with glass doors to private patio. Also: double pane windows, attached one car garage with laundry hook-ups, off street parking. The second unit has a nice private backyard with covered patio, kitchen with dining area, spacious living room with fireplace, family room that could be 3rd bedroom, detached one car garage, double pane windows, full sized laundry room. Tucked away in a very convenient, walkable location close to shops, commutes, Sylvan park, Stevens Creek Trail - and not far from Downtown Mountain View. Desirable Mountain View schools. These properties don't come up often, so don't miss this one! Photos are virtually Staged.

Last Agent to Sell the Property

Nancy Stuhr

Christie's International Real Estate Sereno License #00963170 Listed on: 04/04/2024

Christie's International Real Estate Sereno

Last Buyer's Agent

Fongye Han

BRG Realty License #01857248

Property Details

Home Type

  • Multi-Family

Year Built

  • 1968

Lot Details

  • 7,841 Sq Ft Lot
  • Fenced
  • Level Lot
  • Back Yard

Parking

  • 2 Car Garage
  • Varies By Unit
  • Garage Door Opener
  • Secured Garage or Parking
  • On-Street Parking
  • Uncovered Parking

Home Design

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

Interior Spaces

  • 2,662 Sq Ft Home
  • 1-Story Property

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $65,000

Community Details

Overview

Building Details

  • 1 Leased Unit
  • Operating Expense $14,027
  • Gross Income $65,000

Property Details

Home Type

Multi-Family

Year Built

1968

Lot Details

0

Parking

2

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Style: Ranch
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2662
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1968

Interior Features

  • Kitchen: Cooktop - Electric, Dishwasher, Exhaust Fan, Garbage Disposal, Oven - Electric, Refrigerator, Varies By Unit
  • Living Sq Ft: 2662
  • Stories: 1
  • Security: Secured Garage / Parking
  • Laundry: Washer/Dryer - Some Units
  • Flooring: Carpet, Vinyl / Linoleum
  • Additional Rooms: Laundry Room

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition, Shingle
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage, Detached Garage, Gate / Door Opener, On Street, Uncovered Parking, Varies By Unit

Utilities

  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public, Sewer Connected, Sewer In Street

Schools

  • High School: 266

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1800
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7841.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7841.00

Rental Info

  • Existing Lease Term(s): Less Than 1 Yr
  • Gross Rent Multiplier: 32.12
  • Number Of Leased: 1

Multi Family

  • Utilities: Public Utilities
  • Expenses Total: 14027
  • Income Annual Gross: 65000.00
  • Income Annual Rental: 65000
  • Income Gross Scheduled: 65000
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Tenant Expenses: Services - Sewer, Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Utilities - Water
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Property History

Date Event Price List to Sale Price per Sq Ft
05/23/2024 05/23/24 Sold $2,300,888 +10.2% $864 / Sq Ft
04/23/2024 04/23/24 Pending -- -- --
04/04/2024 04/04/24 For Sale $2,088,000 -- $784 / 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 $14,210 $2,346,905 $1,887,000 $459,905
2024 $14,210 $1,199,375 $984,756 $214,619
2023 $14,210 $1,175,859 $965,448 $210,411
2022 $14,027 $1,152,804 $946,518 $206,286
2021 $13,685 $1,130,201 $927,959 $202,242
2020 $13,703 $1,118,613 $918,444 $200,169
2019 $13,127 $1,096,681 $900,436 $196,245
2018 $12,988 $1,075,179 $882,781 $192,398
2017 $12,451 $1,054,098 $865,472 $188,626
2016 $12,096 $1,033,430 $848,502 $184,928
2015 $11,748 $1,017,908 $835,757 $182,151
2014 $11,642 $997,969 $819,386 $178,583
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81960215

MLSListings

APN: 161-10-032