257 Fay Way, California, Mountain View, 94043 - 3 bed, 2 bath
257 Fay Way
California
Property Price
SUMMARY
Analysis of 257 Fay Way, California reveals a Fairly Priced Property with a current list price of $1,898,000 aligned with the estimated $1,898,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the California Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 257 Fay Way Subject | $1,898,000* List Price | 3 | 2 | 1,344 | $1,412 | - |
A 1789 Elsie Avenue Sold | $2,315,000 | 3 | 2 | 1,331 | $1,739 | 0.5 mi |
B 1913 W Middlefield Road Sold | $1,550,000 | 3 | 2 | 1,410 | $1,099 | 0.5 mi |
C 838 Excell Court Sold | $1,980,000 | 3 | 3 | 1,348 | $1,469 | 0.7 mi |
D 2381 Adele Avenue Pending | $2,199,999 List Price | 3 | 2 | 1,384 | $1,590 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Despite being built in 1955, the property description highlights significant and recent updates. It features '2 remodeled bathrooms' and a 'bright & cheery kitchen' with stainless steel appliances, a garden window, and a skylight, indicating modern functionality and appeal. The house is also 'freshly painted, inside & out,' suggesting recent cosmetic improvements. A garage conversion adds valuable bonus space. These updates make the home move-in ready with no immediate renovation required, aligning with the 'Good' condition criteria, even without interior images to confirm the style and extent of the remodels.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Mountain View Location
Situated at the end of a quiet street with no through traffic, offering convenience to high-tech offices, freeways, restaurants, shops, and direct access to the Palo Alto/Mountain View bike path.
- Extensive Updates & Modern Amenities
Features two remodeled bathrooms, a bright kitchen with stainless steel appliances, garden window, skylight, and included washer/dryer. The house has also been freshly painted inside and out.
- Versatile Bonus Room
The garage has been thoughtfully converted into a bonus room with cabinets, work surfaces, and glass double doors opening to the deck, providing flexible living or office space.
CONSRISKS & DEFICIENCIES
- Age of Core Systems (Potential)
Built in 1955, while cosmetic updates are present, there's no mention of significant upgrades to core systems like plumbing, electrical, or HVAC, which could lead to future maintenance considerations.
- Converted Garage
The garage has been converted into a bonus room, meaning there is no traditional enclosed garage space for vehicle parking or dedicated storage, which some buyers may prefer.
- Smaller Square Footage for Price Point
At 1344 sqft, the property offers a relatively modest living space for its nearly $1.9 million list price in the Mountain View market, potentially limiting appeal for buyers seeking more expansive homes.
About 257 Fay Way
Location! Location! Location! Don't miss this Mountain View gem with 3 bedrooms & 2 remodeled bathrooms. The bright & cheery kitchen boosts a S/S refrigerator, gas stove, dishwasher, garden window, skylight, & lots of cabinets & counter space. Red LG washer & dryer included! The house is freshly painted, inside & out. The yard is fenced & thoughtfully landscaped. Garage converted into a bonus room with cabinets, work surfaces & glass double doors that open to the deck.. Built in 1955, this Mackey model offers floor to ceiling windows looking out on the back deck & yard. Situated at the end of a quiet street, with no through traffic. Elite and private Waldorf School is next door. Very convenient to high tech offices, freeways, restaurants & shops. For cycling enthusiasts, this home is on the Palo Alto/Mountain View bike path, which is a Class lll Bike Route. Ride to Castro Street, the Stevens Creek Trail, the Bay Trail, California Ave & University Ave in Palo Alto, Stanford, & more.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1955
- Lot Size
- 5,750 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
California Unified Schools
Monta Loma Elementary School
Grades K-5 • 0.2 mi
Gabriela Mistral Elementary
Grades K-5 • 0.8 mi
Fairmeadow Elementary School
Grades K-5 • 1.6 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,344 | 1,568 | 39% |
| Lot Size | 5,750 | 5,550 | 67% |
| Price | $1.90M | $2.21M | 11% |
| Price per sq ft | $1.4K | $1.4K | 56% |
| Built year | 1955 | 1959 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 1416 | 153 | 0% |
Pricing History
Listed for Sale
Apr 21, 2022
$1,898,000
Initial Listing